Key Points
Two duplex penthouses priced at $30 million and $28.5 million, respectively, will set records in North Bay Village once sold.
The $30M unit spans approximately 12,200 SF with 5 bedrooms and 6 bathrooms; the $28.5M unit spans approximately 10,700 SF (6,100 interior + 4,600 outdoor) with 4 bedrooms and 5 bathrooms.
Each penthouse purchaser receives a bespoke “Miami Edition” Pagani Utopia Roadster (automaker’s hypercar) plus a luxury experience in Italy with a private meeting with founder Horacio Pagani and access to the Atelier for customization of their residence.

The luxury condo development Pagani Residences in North Bay Village has officially released its two crown-jewel duplex penthouses at top-tier pricing. These units not only command ultra-premium real estate values but also bundle rare automotive and lifestyle perks that speak directly to high-net-worth buyers: bespoke hypercar, Italian atelier access, and ultra-luxury finishes. The following breakdown covers what makes the units special, how the project is positioned, and what implications this has for luxury real estate investors.
Project & Developer Profile
Pagani Residences is the world’s first residential project curated by Pagani, in collaboration with Pagani Arte (the brand’s design division).
Located at 7940 West Drive, North Bay Village, FL 33141; developed by Riviera Horizons.
28-story tower, 70 residences in total, all-corner units, 2-4 bedrooms for standard units; penthouses rise two levels.
Amenities include waterfront boardwalk (240-foot), private marina/boat slips, rooftop pool & sky lounge, wellness spa, pet spa, concierge, private garage options.

The Penthouse Details
Penthouse 01: ~12,200 sq ft total (7,000 interior + 5,200 outdoor), 5 beds/6 baths, priced at $30 M.
Penthouse 02: ~10,700 sq ft total (6,100 interior + 4,600 outdoor), 4 beds/5 baths, priced at $28.5 M.
Both are duplex units on 28th & 29th floors, with 13-foot ceilings, ensuite elevators, massive terraces with panoramic views of Biscayne Bay/Miami skyline.
Interiors curated by Pagani Arte with ultra-luxury materials: chevron oak parquet with metal inlays; travertine staircases; Schiffini Magistretti kitchens with Gaggenau appliances; bespoke wine walls; bathrooms with honed travertine and Gessi Cesello fixtures.
Car perk: each buyer gets a “Miami Edition” Pagani Utopia Roadster—custom blue finish, designed by Horacio Pagani, plus an option for a private garage space in the building.
Lifestyle bonus: Private trip to Modena, Italy for atelier tour and direct collaboration with Pagani on car + home/customization.

Market & Investor Takeaways
For investors and landlords, this signals that branding and ultra-luxury amenities (automotive tie-in, bespoke finishes) can push pricing into new territory even in smaller sub-markets like North Bay Village.
While the standard units in the building are listed starting around $3.7M for 2-beds.
The penthouse pricing represents not just real estate value but a bundled ultra-premium lifestyle product (home + car + experience).
From an investment lens: such branded luxury developments often carry higher risk (pricing premium, longer absorption, narrow buyer pool), but also higher upside if the brand traction holds and resale demand emerges.
For landlords/brokers: note that beyond finishes, the value proposition includes lifestyle and exclusivity—could support high rental rates (ultra-luxury clientele) or unique lease offerings (home + car).

This launch of the two flagship penthouses at Pagani Residences marks a clear signal: luxury real estate continues evolving where brand partnerships, automotive-inspired design, and experiential extras are driving top-end pricing. For investors, it underscores the premium demand for ultra-bespoke living and the need to factor in lifestyle-branding when underwriting luxury developments.
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