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
ALBA Palm Beach, West Palm Beach marina‑side condo with yachts—waterfront setting for luxury and ultra luxury condos; preconstruction.
ALBA Palm Beach, West Palm Beach marina‑side condo with yachts—waterfront setting for luxury and ultra luxury condos; preconstruction.

Fort Lauderdale vs Palm Beach: Two Yachting Capitals, Two Very Different Luxury Lifestyles

Fort Lauderdale and Palm Beach both command the yachting conversation, but they do it in fundamentally different ways. Fort Lauderdale operates like a year-round global marketplace with deep service infrastructure, high-volume brokerage activity, and signature scale at the Fort Lauderdale International Boat Show. Palm Beach, by contrast, leans into heritage, club culture, and a curated approach to ownership that feels as much social as it is nautical. For buyers and second-home owners, the most practical question is not which city is “better,” but which ecosystem matches the way you intend to use your yacht and your waterfront real estate.

Vita at Grove Isle, Coconut Grove sunset veranda facing Biscayne Bay—island‑style luxury and ultra luxury condos; preconstruction.
Vita at Grove Isle, Coconut Grove sunset veranda facing Biscayne Bay—island‑style luxury and ultra luxury condos; preconstruction.

Coconut Grove vs. Key Biscayne: A Luxury Buyer’s Guide to Miami’s Two Most Livable Enclaves

For South Florida buyers deciding between Coconut Grove’s bayfront village energy and Key Biscayne’s barrier-island calm, the right choice comes down to daily rhythm, access, and what you want your views to feel like at 7 a.m. This MILLION Luxury guide frames the decision through lifestyle anchors, market signals, and the places you will actually use: parks, beaches, cultural institutions, and the on-foot convenience that quietly defines long-term satisfaction.

Miami Beach ultra luxury waterfront estate with private yacht—yachting lifestyle amid nearby luxury and ultra luxury condos; high‑end resale.
Miami Beach ultra luxury waterfront estate with private yacht—yachting lifestyle amid nearby luxury and ultra luxury condos; high‑end resale.

Key Biscayne vs. Miami Beach: A Discreet Luxury Buyer’s Guide

Key Biscayne and Miami Beach sit minutes apart, yet they deliver fundamentally different versions of waterfront living. This MILLION Luxury guide compares scale, pricing signals, family infrastructure, recreation, and access so buyers can match lifestyle priorities to the right shoreline.

The Perigon Miami Beach modern oceanfront condo design—curved glass architecture for luxury and ultra luxury condos; preconstruction.
The Perigon Miami Beach modern oceanfront condo design—curved glass architecture for luxury and ultra luxury condos; preconstruction.

How Global Buyers Are Rewriting Miami’s Luxury New-Construction Playbook

International demand now anchors South Florida’s new-construction condo market, pushing developers toward hospitality-grade service, European-rooted branding, and a more curated design language. From Brickell to Miami Beach, the most successful launches increasingly translate global expectations into local product: privacy, discretion, wellness, and a lifestyle that feels immediately legible to buyers arriving from Latin America and Europe.

The Ritz‑Carlton South Beach sunrise skyline over Miami Beach—oceanfront landmark amid luxury and ultra luxury condos; resale.
The Ritz‑Carlton South Beach sunrise skyline over Miami Beach—oceanfront landmark amid luxury and ultra luxury condos; resale.

Wine Cellars and Cigar Lounges: The New Private Club Language of South Florida Luxury

Across the top end of the market, the most persuasive amenity is no longer a single showpiece room but a complete lifestyle circuit. Wine storage, a cigar lounge, and a discreet bar program are being designed as one integrated destination, equal parts preservation, hospitality, and privacy. For South Florida buyers who split time between residences, collect seriously, and entertain selectively, this pairing offers something rarer than square footage: control.

The Perigon Miami Beach ocean‑view suite with terrace—serene interiors in luxury and ultra luxury condos; preconstruction.
The Perigon Miami Beach ocean‑view suite with terrace—serene interiors in luxury and ultra luxury condos; preconstruction.

The Entertainment-Suite Era: Bowling Alleys, Private Theaters, and South Florida’s New Trophy-Home Standard

Across South Florida, the modern trophy residence is increasingly defined by what it can host, screen, and showcase. From Manalapan compounds to Miami Beach branded towers, entertainment suites have become a quiet signal of taste, privacy, and scale.

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.