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
Shore Club, Miami Beach oceanfront condo architecture—landmark address of luxury and ultra luxury condos; preconstruction.
Shore Club, Miami Beach oceanfront condo architecture—landmark address of luxury and ultra luxury condos; preconstruction.

South Florida Luxury Property Taxes: Millage, Homestead, and Address-Level Carrying Costs

Property taxes in South Florida are rarely a simple percentage of purchase price. For luxury buyers, the real variable is address-level millage, exemptions, and assessment caps that can separate a predictable primary residence from a surprisingly expensive second home. This guide explains how Florida tax bills are built, why Miami-Dade municipalities diverge, and how to model realistic carrying costs before you close.

Cipriani Residences Brickell over Biscayne Bay; luxury waterfront tower for ultra luxury preconstruction condos in Brickell, Miami.
Cipriani Residences Brickell over Biscayne Bay; luxury waterfront tower for ultra luxury preconstruction condos in Brickell, Miami.

Cipriani vs Una in Brickell: Two Distinct Visions of Waterfront Luxury

Brickell’s newest trophy-level offerings increasingly divide into two buyer mindsets: the hospitality-led branded residence and the architecture-led waterfront tower. Cipriani Residences Miami and Una Residences illustrate that split with unusual clarity, from their skyline identities to their interior philosophies and amenity programming.

ALINA Residences, Boca Raton balcony over golf course and skyline—South Florida luxury and ultra luxury condos; active resale.
ALINA Residences, Boca Raton balcony over golf course and skyline—South Florida luxury and ultra luxury condos; active resale.

Branded Residences Are the New Standard in South Florida Luxury

From Downtown to Sunny Isles, branded towers are redefining what “turnkey” means: service, design credibility, and resale signaling. Here is how the most talked-about projects are shaping buyer expectations heading into 2026.

The Residences at 1428 Brickell bayfront penthouse at sunset—Brickell, Miami; sky‑high luxury and ultra luxury condos; preconstruction.
The Residences at 1428 Brickell bayfront penthouse at sunset—Brickell, Miami; sky‑high luxury and ultra luxury condos; preconstruction.

Luxury vs Ultra-Luxury in South Florida: What Really Changes From $5M to $20M

In South Florida, the leap from luxury to ultra-luxury is less about square footage and more about an integrated lifestyle: systems-level technology, privacy infrastructure, wellness programming, and architecture that reads as a one-off. Here is how buyers can evaluate the difference with precision across Miami Beach, Brickell, and the oceanfront corridor.

Edition Edgewater, Miami ocean‑view balcony with loungers—indoor‑outdoor living for luxury and ultra luxury condos; preconstruction on Biscayne Bay.
Edition Edgewater, Miami ocean‑view balcony with loungers—indoor‑outdoor living for luxury and ultra luxury condos; preconstruction on Biscayne Bay.

EDITION Edgewater vs Cove Miami: Two Luxury Service Models Redefining Edgewater Living

In Edgewater, the next premium differentiator is not just view corridor or ceiling height. It is the operating philosophy that sits behind the lobby desk. EDITION Edgewater and Cove Miami represent two distinct approaches: a hospitality platform designed to deliver hotel-caliber residential service, and a boutique tower built around curated partnerships and targeted lifestyle conveniences. For buyers, the decision is less about which amenity list is longer and more about which service architecture matches how you actually live, host, travel, and lease.

Four Seasons Coconut Grove balcony with ocean view at sunset—indoor‑outdoor living for luxury and ultra luxury condos; preconstruction in Coconut Grove, Miami.
Four Seasons Coconut Grove balcony with ocean view at sunset—indoor‑outdoor living for luxury and ultra luxury condos; preconstruction in Coconut Grove, Miami.

Park Grove vs. Mr. C Tigertail: Coconut Grove’s Terrace-First Luxury, Compared

In Coconut Grove, outdoor space is not an accessory. It is a core component of value, privacy, and daily lifestyle. This MILLION Luxury editorial compares two of the neighborhood’s most discussed condo stories, Park Grove’s three-tower campus on South Bayshore Drive and the hospitality-leaning Mr. C Residences Tigertail Tower, through the lens of architecture, terraces, services, and buyer intent.

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