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Beach House 8 Penthouse in Miami Beach Sells for $14M

Tour the luxury development in Mid-Beach

The Beach House 8 penthouse just officially closed for $14 million to a Brazilian entrepreneur named Mario Garneo, reports The Real Deal.

Garneo's duplex penthouse has five bedrooms, 6,000 square feet of outdoor space, and a private pool within the 10-story, sold-out development.

The Mid-Beach development located at 36th Street and Collins Avenue was designed by Arquitectonica with interiors by Michele Bonan. After breaking ground in the summer of 2014, it was supposed to be completed last summer.

The new targeted completion date is July 1.