Waldorf Astoria Penthouse Near Tampa Sold for Record $27 Million

A duplex penthouse at the planned 50-story Waldorf Astoria Residences tower in St. Petersburg, Florida, sold for $27 million, smashing the record for the most expensive condo in the Tampa Bay area.

The project, slated for completion in 2030, would be the tallest building in the Gulf Coast city. It’s the latest example of luxury developers expanding throughout coastal Florida, betting that the high demand and prices for waterfront condos will spread beyond traditional markets like Miami.