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 WELL Coconut Grove, Miami waterfront high‑rises and marinas—sought‑after area for luxury and ultra luxury condos; preconstruction.
THE WELL Coconut Grove, Miami waterfront high‑rises and marinas—sought‑after area for luxury and ultra luxury condos; preconstruction.

Coconut Grove’s Billionaire Moment: Miami’s Oldest Village Enters a New Luxury Era

Once defined by an independent, creative spirit, Coconut Grove is now being discussed as one of South Florida’s most consequential addresses for extreme wealth. A wave of headline waterfront acquisitions, paired with a carefully upgraded village core and a growing roster of luxury residences, has shifted the Grove from charming to strategic. For buyers, the opportunity is not simply to own in a fashionable pocket, but to secure a lifestyle that feels rare in Miami: walkable, waterfront-adjacent, culturally anchored, and quietly protected by low-supply geography.

Bentley Residences Sunny Isles seaside balcony view in Sunny Isles Beach; luxury and ultra luxury condos, preconstruction, oceanfront lifestyle.
Bentley Residences Sunny Isles seaside balcony view in Sunny Isles Beach; luxury and ultra luxury condos, preconstruction, oceanfront lifestyle.

South Florida’s Ultra-Luxury Reset: What $10M+ Buyers Should Know Now

South Florida’s ultra-luxury real estate has shifted from a pandemic-era surge to a more durable, globally anchored market. With record-adjacent activity, selective inventory and a steady pipeline of service-heavy new development, today’s $10M+ buyer is underwriting lifestyle, privacy and long-term optionality as much as price.

The Surf Club, Surfside oceanfront balcony view; luxury and ultra luxury resale condos in Surfside, Florida, with panoramic Atlantic views and beachfront living.
The Surf Club, Surfside oceanfront balcony view; luxury and ultra luxury resale condos in Surfside, Florida, with panoramic Atlantic views and beachfront living.

Hollywood Beach’s Next Luxury Cycle: A Buyer’s Guide to New Development, Boutique Inventory, and Resale Reality

Hollywood Beach is moving into a new phase, with major institutional investment and more than $1 billion in reported development activity reshaping expectations for waterfront living in Broward. From the planned scale of Icon Beach Residences to ultra-boutique offerings like Bellamar, the market is expanding at the top end while resale dynamics normalize. Here is what sophisticated buyers should watch as 2026 approaches.

South of Fifth, Miami Beach skyline view over Biscayne Bay—prime South Beach zone of luxury and ultra luxury condos; preconstruction and resale.
South of Fifth, Miami Beach skyline view over Biscayne Bay—prime South Beach zone of luxury and ultra luxury condos; preconstruction and resale.

Records, Whisper Listings, and the New Playbook for South Florida Ultra-Prime Real Estate

A discreet field guide to how record sales, off-market strategy, and billionaire-style compound thinking are reshaping pricing and positioning from Miami Beach to Naples.

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.

Miami Ultra-Luxury Real Estate in 2026: Where the Market Draws the Line

In South Florida’s top zip codes, “luxury” has become a broad label, while “ultra-luxury” is increasingly treated as its own tier with different price logic, buyer behavior, and product expectations. This editorial clarifies the working price bands, why branded residences and service platforms command a premium, and how micro-markets like Miami Beach and the private-island enclaves separate ordinary high-end from true trophy real estate.

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.

Art Deco Revival, Reimagined: How Miami Beach Icons Are Becoming the Next Wave of Branded Residences

Miami Beach’s most coveted addresses increasingly pair historic architecture with contemporary, service-led living. As preservation rules shape what can be changed and what must remain, developers are leaning into restoration, design authorship, and hospitality branding to create residences that feel both rooted and rare. This new chapter is not simply about new construction on Collins Avenue. It is about the premium buyers now place on provenance, and how Miami Beach’s Art Deco identity is being curated for a global, ultra-luxury audience.

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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.