A penthouse in Miami is set to shatter the state of Florida’s real-estate record.
The penthouse at Eighty Seven Park is 25,000 square feet and was designed to offer the resident 360-degree park, city and ocean views. The building is located in North Beach and is, according to a press release, 80 per cent sold.
According to The Wall Street Journal, the real-estate record in Miami is held by a US$60 million penthouse in Miami’s Faena House condominium complex, which hedge-fund executive Ken Griffin bought in 2015.
If it sells at the asking price of US$68 million, the penthouse will join the ranks of other real-estate listings that could set local records, including a US$20 million penthouse in Brooklyn and a US$45 million San Francisco complex that straddles two hillside lots.
According to the Journal, construction on the building is underway and is expected to be complete by the third quarter of 2019.
The building is under construction and is expected to be finished by the third quarter of 2019.
The unfinished building’s penthouse, which will be listed at US$68 million, is poised to shatter Florida’s real-estate record, which was set by the sale of a US$60 million penthouse in 2015.
The penthouse was designed by architect Renzo Piano, who has designed iconic buildings such as the Centre Georges Pompidou in Paris.
According to a press release, the penthouse has 25,000 square feet of space: The more than 12,000 square feet of interior space …
… is exceeded only by the more than 18,000 square feet of outdoor terrace space.
It has six bedrooms, three powder rooms …
… and eight bathrooms.
The space is also flush with luxury amenities such as two private lifts, a personal fitness centre, a jacuzzi, and two summer kitchens.
The penthouse will be sold by Douglas Elliman and features floor-to-ceiling windows …
… which serve to better take in the ocean views and to “erase any sense of out versus in”.
The flat complex is about an hour’s drive north of the most expensive postcode in Florida, Fisher Island, a 126-acre man-made island that is considered the most millionaire-dense postcode in the United States.
Eighty Seven Park’s location is part of its appeal and its problem: It offers sweeping views of the ocean, but it is less than 30 minutes outside Miami Beach, one of the many American cities experts predict could be under water by 2060 because of rising ocean levels.
This article originally appeared on Business Insider .