South Florida’s Ultra‑Luxury Real Estate Market Soars in November 2025

November 2025 data shows South Florida’s ultra-luxury segment accelerating even as broader U.S. housing cools. The tri-county market is tracking about 426 $10M-plus sales for the year, supported by do...

By Andres Munoz
South Florida’s Ultra‑Luxury Real Estate Market Soars in November 2025
The Residences at Mandarin Oriental, Brickell Key Miami waterfront high‑rise at sunset—premier tower of luxury and ultra luxury condos; preconstruction.
The Residences at Mandarin Oriental, Brickell Key Miami waterfront high‑rise at sunset—premier tower of luxury and ultra luxury condos; preconstruction.

Mandarin Oriental Residences Brickell vs. Baccarat Residences: Who Defines Waterfront Sophistication?

Two of Miami's most anticipated branded waterfront towers are reshaping expectations in Brickell. The Residences at Mandarin Oriental, Miami brings a serene island retreat to Brickell Key, while Baccarat Residences Brickell delivers glittering riverfront glamour in the urban core. This editorial compares location, architecture, amenities, services and lifestyle so buyers can decide how each project interprets waterfront sophistication and which setting best matches their rhythms, from wellness driven seclusion to cosmopolitan energy and nightlife.

Waterfront luxury condominium at Pier Sixty-Six in Fort Lauderdale, featuring flowing architectural lines, expansive glass terraces, tropical landscaping, and a private marina with yachts along the intracoastal.
Waterfront luxury condominium at Pier Sixty-Six in Fort Lauderdale, featuring flowing architectural lines, expansive glass terraces, tropical landscaping, and a private marina with yachts along the intracoastal.

Top 5 Waterfront Buildings for Yacht Owners in Fort Lauderdale

Fort Lauderdale is cementing its role as the yacht capital of the world with a new wave of ultra luxury waterfront residences tailored to boat owners. This overview selects five of the most compelling pre construction and newly delivered buildings, from superyacht hubs at Pier Sixty-Six and Bahia Mar to boutique projects like Riva Residenze, Sixth&Rio and 3000 Waterside. For buyers pairing a significant vessel with a primary or secondary home, these towers offer rare combinations of marina access, privacy and design pedigree.

Elysee Edgewater Miami ultra luxury waterfront high-rise in Edgewater Miami offering luxury preconstruction condos with panoramic bay and city views.
Elysee Edgewater Miami ultra luxury waterfront high-rise in Edgewater Miami offering luxury preconstruction condos with panoramic bay and city views.

Elysee Miami Edgewater: Boutique Sophistication on Biscayne Bay

Elysee Miami brings boutique-scale sophistication to Edgewater's Biscayne Bay waterfront. The 57-story, 100-residence tower pairs Arquitectonica's three-tiered architecture with Jean-Louis Deniot's French-inflected interiors to create sky-mansion residences with unobstructed bay views and sunrise-to-sunset terraces. Resort-style amenities, an intimate Owners' Sky Lounge, and a calm yet connected Edgewater address position Elysee as a rare alternative to Miami's larger branded towers, appealing to buyers who value privacy, design pedigree, and long-term collectability.

Miami skyline by day with clear views of Biscayne Bay and high‑rises—central hub for luxury and ultra luxury condos, preconstruction and resale.
Miami skyline by day with clear views of Biscayne Bay and high‑rises—central hub for luxury and ultra luxury condos, preconstruction and resale.

Understanding Property Taxes for High-End Buyers in Miami-Dade County

Miami-Dade County combines a globally coveted luxury lifestyle with a property tax system that is both attractive and nuanced. For buyers acquiring multi-million-dollar residences, understanding how ad valorem taxes, millage rates, homestead exemptions, assessment caps and municipal variations interact is essential to projecting true carrying costs. This guide explains how values are assessed, how Florida homestead exemption and Save Our Homes caps protect primary residences, how second homes and investment properties are taxed, and how elite buyers can plan around resets at sale, discounts for early payment and long-term tax strategies to support confident decision making.

St. Regis Sunny Isles, Sunny Isles Beach beachfront condominiums at sunset—oceanfront towers of luxury and ultra luxury condos; preconstruction.
St. Regis Sunny Isles, Sunny Isles Beach beachfront condominiums at sunset—oceanfront towers of luxury and ultra luxury condos; preconstruction.

Top 10 Residential Developers Defining the New South Florida Luxury Standard

South Florida's luxury condo market is now defined as much by who builds as by where you buy. This editorial ranking profiles ten developers behind the region's most influential new towers, from Related and Terra to PMG and Mast Capital, and explains how their flagship projects, brands and amenities are resetting expectations for design, service and long term value.

Ocean House, Miami Beach (South of Fifth) oceanfront condo at sunset—boutique building on the sand; luxury and ultra luxury condos, prime preconstruction.
Ocean House, Miami Beach (South of Fifth) oceanfront condo at sunset—boutique building on the sand; luxury and ultra luxury condos, prime preconstruction.

South of Fifth vs. Bal Harbour: Miami Beach's Most Exclusive Condo Enclaves

Miami Beach effectively begins and ends with two ultra-prime condo enclaves: South of Fifth at the island’s southern tip and Bal Harbour at its northernmost edge. Both are defined by architecturally important towers, exceptional services and a tightly curated sense of privacy, yet they deliver very different daily rhythms. This editorial compares their origins, design pedigree, lifestyle and long term outlook, from Continuum and Apogee to Five Park in South of Fifth, and from St. Regis and Oceana Bal Harbour to the next generation Rivage Bal Harbour, to help buyers decide which enclave best aligns with their version of coastal luxury.

About Us

MILLION is a luxury real estate boutique specializing in South Florida's most exclusive properties. We serve discerning clients with discretion, personalized service, and the refined excellence that defines modern luxury.