The luxury condos at the not-yet-built Ritz-Carlton Residences in Sunny Isles Beach have snagged another wealthy buyer, this time for a $16.5 million top-floor penthouse.

Construction for the 212-unit, 52-floor project will begin early next month with now three of its five penthouses under contract. The tower, at 15701 Collins Ave., is scheduled for completion in 2018.

Club Room - Ritz Carlton Sunny Isles

In December, the 51st floor, 7,735-square-foot penthouse in Miami at the Ritz-Carlton sold for $21 million, setting a record for Sunny Isles Beach.

The most recent purchase of the 52nd floor penthouse includes 6,320 square feet of oceanfront property, with four bedrooms, 4.5 bathrooms, a private garden and an infinity pool. Until the sale is finalized, the identity of the buyers and the exact sale prices will not be known. Read more here: http://www.miamiherald.com/news/business/real-estate-news/article77877277.html

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