It’s no surprise that some South Beach homes are selling for record-high prices. But The Miami Herald is reporting that the asking price for a penthouse above a Lincoln Road parking garage is $34 million.

Skyhouse 11 11, a seven-bedroom penthouse on top of a parking garage at 1111 Lincoln Road, has 7,700 square feet of interior living space, 18,000 square feet of outdoor space, and a private elevator for access.

The home was designed by Swiss architectural firm Herzog & de Meuron and is being listed by Robert S. Wennett, who has lived there since 2011. Wennett bought the 1111 Lincoln Road property in 2005 for $23.5 million and developed it into a nine-story mixed-use property containing 94,488 square feet of office space, 51,839 square feet of retail, and a 263-space parking garage. The property gained national attention when it opened in 2010 and started hosting special events, such as wedding receptions and yoga classes.

Earlier this summer, Wennett sold the parking garage to a German institutional investor for a reported $283 million. According to public records, the final sales price was $251 million.

Lincoln Road was recently named one of the thoroughfares with one of the most expensive retail rents in the Americas.