The Ritz-Carlton, Grand Cayman has just debuted six gorgeous new Residences. The one we’re dreaming about? A one-of-a-kind Penthouse with over 8,000 square feet of living space, including three-bedrooms, sweeping ocean views, state-of-the-art kitchen, sprawling outdoor terrace and private screening room for a price of $16.14 million.

Located in the heart of Seven Mile Beach, the three-bedroom furnished penthouse is perched on the complex’s seventh floor and offers expansive views of the beach and North Sound.

Encompassing the entire top floor of the South Tower of The Ritz-Carlton, The Residences draw inspiration from the island’s world famous backdrop of crystal blue water and sparkling sand, creating an authentic look and feel through the use of deep blues, greens and a soft color palette.

Owners will enjoy perks such as pre-arrival concierge service, valet parking, and a Residence Concierge. The world-class property is amenity rich with five dining venues including Blue by Eric Ripert, La Prairie Spa, a Greg Norman designed golf course, the Courts by Bollettieri tennis center, multiple pools, water park and Jean-Michel Cousteau’s Ambassadors of the Environment.

What do you think of the images below? Is a Cayman Islands estate in your future?