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    Home»Personal Finance»Real Estate»Fortune 500 CEO Lists His Double-Sized ‘Estate In the Sky’ for $20 Million
    Real Estate

    Fortune 500 CEO Lists His Double-Sized ‘Estate In the Sky’ for $20 Million

    Money MechanicsBy Money MechanicsMay 9, 2026No Comments6 Mins Read
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    Fortune 500 CEO Lists His Double-Sized ‘Estate In the Sky’ for  Million
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    The St. Regis Bal Harbour is well known for its very exclusive, very chic private residences, with water views for miles and ultra luxury amenities. But one particular unit inside this elite Florida property stands out above them all.

    The owner of the 17th floor gem, who is the former CEO of a Fortune 500 company, loved the lifestyle that the exclusive high rise had to offer so much that he bought two units in the building and combined them, creating a staggering 9,500-square-foot palace in the clouds that he recently put on the market for the sky-high price of $20 million.

    His completed property includes 7,308 square feet of ultra luxe interior living space with six bedrooms and eight bathrooms, plus 2,203 square feet of terrace space on four unique terraces with unobstructed views of the Atlantic Ocean, Biscayne Bay and the Miami skyline. Because of the size of the unit, it offers vistas at both sunrise and sunset.

    Prominent listing agent Tomi Rose, of Aston Rose Sports And Entertainment, describes the residence as one where the views are a defining feature of the living experience, hailing the unit as an “estate in the sky.”

    “What truly sets this residence apart is the consistency of its views. Every room is visually compelling,” she says. “The main living areas and primary suites capture unobstructed ocean views that feel both expansive and serene, delivering a refined, estate-like experience in the sky.”

    A unique and luxurious 9,511 square foot residence in the St. Regis Bal Harbour is available for the first time ever, for $20 million.Photos provided by Aston Rose
    A combination of two units seamlessly merged, the unit has large and impressive entertaining spaces, as well as as cozy and intimate private spaces.Photos provided by Aston Rose
    The posh residence features 2,203 square feet of terrace space on four unique balconies with unobstructed views of the Atlantic Ocean, Biscayne Bay and the Miami skyline.Photos provided by Aston Rose
    Even some of the posh bathrooms have stellar views—and TVs too!Photos provided by Aston Rose

    The residence is a combination of a corner unit and an adjacent unit on the 17th floor, with northeast and west exposures. The two units have been meticulously integrated to feel like one, seamless and cohesive home, anchored by a gallery-style corridor custom designed to showcase an impressive art collection.

    The layout was designed to encompass both grand formal and cozy casual living spaces, with multiple entertaining areas, dual kitchens, a private screening room, two laundry rooms, and two spacious primary suites, in addition to two private elevator foyers.

    Rose emphasized that the home was created to work equally well for private daily living and larger gatherings. She noted that it accommodates both everyday living and large-scale entertaining, offering a level of privacy and security that is difficult to replicate in a traditional single-family estate.

    The St. Regis brand adds yet another layer of luxury, pairing resort-level service and amenities with private residence living.

    In addition to the private amenities the residence has to offer, the St Regis provides exclusive beach service, concierge staff, fine dining, a health club with state-of-the-art equipment, multiple swimming pools, a spa, valet services, 24-hour security and bicycle and jogging paths.

    The St. Regis Bal Harbour also has the distinction of featuring two luxury towers within the same resort setting, but each having distinctive identities. One tower accommodates one of America’s most prominent and exclusive luxury brand hotels, and the other tower contains the elite private and secure homes—with the owners being free to enjoy, the hotels luxury services.

    Once residents arrive, they never really have to leave. But when they do, they have extremely easy access to Bal Harbour Shops, the beach and even the wider Miami scene.

    There’s been a continued flow of high profile buyers into the area of late. Miami has become a veritable magnet for high-profile buyers who want warm weather, relative tax advantages, newer construction, and a lifestyle that feels more relaxed than New York or Los Angeles.

    However, Rose insists that the appeal is not just financial; it’s cultural and practical, with oceanfront living, private amenities, and year-round outdoor access all playing a role.

    The spacious unit has two luxurious primary suites with walk-out terraces.Photos provided by Aston Rose
    The residence also features two well-appointed kitchens.Photos provided by Aston Rose
    For obvious reasons, the home theater is one of the few rooms with no expansive views.Photos provided by Aston Rose
    Even the guest rooms have balconies with views.Photos provided by Aston Rose
    The also has the distinction of featuring two luxury towers within the same resort setting, with pristine beach services provided for all.Photos provided by Aston Rose

    That trend has been visible in recent purchases by prominent figures across business, entertainment, and sports. High-profile buyers who have recently bought in the Miami area include Jeff Bezos, Mark Zukerberg, Ken Griffin, Tom Brady, Ivanka Trump and David and Victoria Beckham.

    Many have made their posh, South Florida estates their residence of record, as the business, real estate and private taxes compare favorably to many other U.S. power cities. 

    In addition to tax breaks, compared with New York, Miami offers more space, more sunlight, and a lifestyle that is often less constrained by density and seasonality. Compared with Los Angeles, it can feel more compact, more walkable in select neighborhoods, and more centered around waterfront living rather than long commutes.

    For many affluent buyers, that makes Miami feel like a cleaner fit for modern luxury: easier to maintain, easier to enjoy, and often easier to move between business and leisure.

    However, Rose points out that there is also a psychological difference. She says that, while New York remains the capital of finance and law, and Los Angeles still carries enormous influence in entertainment and media, Miami has emerged as a place where buyers can combine visibility with privacy, luxury with informality.

    That combination is especially compelling for people who want a second base or a full-time residence that feels more open and less pressured.

    “What we’re seeing in South Florida is more than a lifestyle shift, it’s a strategic move for many high-profile buyers. “From business leaders to athletes and public figures, there is a growing interest in residences that offer both privacy and a high level of service,” Rose observed.

    “The appeal is a combination of lifestyle, financial advantages, and long-term flexibility,” she continued. “For many, it begins as a secondary home, but often evolves into a primary residence as they spend more time here.

    “South Florida continues to attract buyers who are looking for both luxury and a strong foundation for the future.”

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