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
Aerial coastal view of Miami skyline, turquoise water and barrier islands—top market for luxury and ultra luxury condos, with preconstruction and resale inventory.
Aerial coastal view of Miami skyline, turquoise water and barrier islands—top market for luxury and ultra luxury condos, with preconstruction and resale inventory.

How Foreign Buyers Can Finance Luxury Properties in Florida

Florida has become a global hub for high end property, attracting international buyers to Miami, Sunny Isles Beach, Palm Beach and beyond. While many foreign buyers assume that cash is the only realistic option, sophisticated mortgage programs, from foreign national and DSCR loans to developer backed structures, mean that financing is both attainable and strategically attractive. With the right preparation, documentation and advisory team, global buyers can use leverage to secure Florida luxury real estate while preserving liquidity and managing currency and tax considerations.

West Palm Beach skyline and marina by day, Intracoastal waterways and high‑rises—vibrant zone of luxury and ultra luxury condos; preconstruction and resale.
West Palm Beach skyline and marina by day, Intracoastal waterways and high‑rises—vibrant zone of luxury and ultra luxury condos; preconstruction and resale.

Palm Beach vs. West Palm Beach: Old Money vs. New Energy

Palm Beach Island and West Palm Beach face each other across the Intracoastal yet deliver two very different expressions of South Florida luxury. The island remains a low-density enclave of heritage estates, strict zoning and club-like discretion, while the mainland city has evolved into a skyline of glass towers, branded residences and cultural venues. For global buyers, the decision is less about price than about temperament, lifestyle and investment profile, and many now choose to hold homes on both sides of the bridge.

Olara West Palm Beach modern waterfront condo development featuring luxury preconstruction residences with resort-style amenities.
Olara West Palm Beach modern waterfront condo development featuring luxury preconstruction residences with resort-style amenities.

Olara West Palm Beach: The City's New Standard for Waterfront Wellness

Poised directly on the Intracoastal at 1919 North Flagler Drive, Olara West Palm Beach is a twin-tower condominium where design, wellness, and waterfront living converge. With 275 residences by Arquitectonica and Gabellini Sheppard, an 80,000-square-foot amenity deck, full-service staff, and a private marina with resident houseboat, this MILLION Luxury development is redefining how discerning buyers experience Palm Beach living. Layered wellness programming, a forthcoming José Andrés restaurant, and concierge medical membership create a holistic lifestyle rarely seen in West Palm Beach.

South of Fifth, Miami Beach sunset view over the marina—waterfront lifestyle surrounded by luxury and ultra luxury condos; preconstruction and resale.
South of Fifth, Miami Beach sunset view over the marina—waterfront lifestyle surrounded by luxury and ultra luxury condos; preconstruction and resale.

The Residences at Five Park Miami Beach: Gateway to the South of Fifth Lifestyle

Five Park Miami Beach is a 48 story, 519 foot tower redefining the entrance to South of Fifth with a cylindrical profile, three acre Canopy Park, and a Daniel Buren designed pedestrian bridge. A limited collection of residences sits high above the tree line, paired with more than 50,000 square feet of amenities, a residents only Canopy Club, and full service operations. The result is a highly serviced, walkable Miami Beach lifestyle suited to globally mobile buyers.

Forte on Flagler penthouse in West Palm Beach featuring an ultra luxury private pool and cityscape views for premium preconstruction condos.
Forte on Flagler penthouse in West Palm Beach featuring an ultra luxury private pool and cityscape views for premium preconstruction condos.

Top 5 New Luxury Developments in Palm Beach County (2025 Edition)

Palm Beach County is entering a new chapter of luxury condominium development, with a handful of architect led and globally branded projects reshaping the skyline from West Palm Beach to Boca Raton and Palm Beach Gardens. This 2025 overview highlights five of the most closely watched developments, spanning classic limestone towers, glass fronted waterfront residences and a proposed ultra low density Aman compound on Palm Beach Island. For buyers, it offers a strategic view of how each address delivers a distinct mix of views, services, privacy and resort style amenities.

South of Fifth, Miami Beach skyline aerial with ocean and bay—iconic corridor of luxury and ultra luxury condos; preconstruction and resale.
South of Fifth, Miami Beach skyline aerial with ocean and bay—iconic corridor of luxury and ultra luxury condos; preconstruction and resale.

How to Identify a True Ultra-Luxury Condo in Miami Beach

Miami Beach is full of glossy condo towers, but only a handful truly qualify as ultra luxury. For discerning buyers, the difference lies in irreplaceable waterfront land, world class architecture, estate scale floor plans, low density privacy and resort calibre services. Buildings such as The Perigon Miami Beach, Faena House Miami Beach, The Residences at Six Fisher Island and The Ritz-Carlton Residences® Miami Beach set the benchmark.

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.