Royale Gold Coast Penthouse Sells Record $19.5 Million

The luxury real estate market in South Florida and Australia is witnessing record-breaking sales and new high-end developments. Royale Gold Coast in Australia recently sold a full-floor penthouse for $19.568 million, setting a new benchmark for beachfront residences. In South Florida, prestigious projects such as the Porsche Design Tower in Sunny Isles Beach and Icon Beach Residences in Hollywood offer sophisticated residences with expansive views, premium amenities, and custom interiors. Meanwhile, Pompano Beach is emerging as a new luxury destination with the first co-located W Hotel and Residences in the Western Hemisphere, featuring 77 luxury residences and nine penthouses priced up to $15 million, reflecting the brand’s evolution towards contemporary luxury and active lifestyles. These developments highlight a trend toward opulent, spacious living spaces with exceptional design and amenities, appealing to affluent buyers seeking exclusivity and waterfront locations. Collectively, these projects underscore the growing demand for ultra-luxury residential experiences in prime coastal markets.