Fortune 500 CEO Lists Massive Combined Bal Harbour Condo For $20 Million

A high-powered Fortune 500 executive is parting ways with a massive "estate in the sky" in Florida’s exclusive Bal Harbour neighborhood. The property, currently listed for $20 million, was created by merging two separate units within the prestigious St. Regis Bal Harbour Resort to create a sprawling residence with nearly 7,000 square feet of living space.

The double-sized condo features floor-to-ceiling glass walls that offer panoramic views of the Atlantic Ocean. By combining the units, the owner secured a layout that includes five bedrooms, a dedicated office, and expansive wrap-around balconies. The interior design reflects the luxury expected of the zip code, featuring marble flooring and high-end finishes throughout.

Beyond the private quarters, the listing offers access to the full suite of St. Regis amenities, including 24-hour concierge service, a private beach club, multiple pools, and a world-class spa. This sale highlights the enduring demand for "trophy properties" in the Miami area, where buyers are increasingly seeking out large-scale footprints that mimic the privacy of a single-family home with the security of a luxury high-rise.

Real estate watchers will be looking to see if the $20 million price tag holds firm as the South Florida luxury market continues to normalize following its post-pandemic boom. The sale is being handled as a turnkey opportunity for a buyer looking for immediate occupancy in one of the most expensive stretches of sand in the country. This story was originally reported by realtor.com.