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
Lush tropical residence in Coral Gables framed by palms—prestige neighborhood close to luxury and ultra luxury condos; preconstruction and resale.
Lush tropical residence in Coral Gables framed by palms—prestige neighborhood close to luxury and ultra luxury condos; preconstruction and resale.

Best Miami Neighborhoods for Families: Schools, Commute & Lifestyle

Miami has quietly evolved into one of the most compelling cities in the US for luxury-minded families. This guide profiles five of its most desirable enclaves for raising children: Coral Gables, Pinecrest, Palmetto Bay, Coconut Grove and Key Biscayne. We consider what matters most to affluent buyers, from A-rated schools and commute times to neighborhood character, green space, and access to the water, helping you quickly narrow which community best matches your family’s routines and long-term plans.

Bay view of Coral Gables waterfront luxury homes—prime South Florida zone near luxury and ultra luxury condos, with preconstruction and resale activity.
Bay view of Coral Gables waterfront luxury homes—prime South Florida zone near luxury and ultra luxury condos, with preconstruction and resale activity.

Miami's Luxury Neighborhood Guide: Brickell, Coconut Grove, Coral Gables & Miami Beach

From vertical city living in Brickell to the leafy bayfront calm of Coconut Grove, the heritage streets of Coral Gables and the oceanfront glamour of Miami Beach, this guide maps how Miami's four flagship luxury condo neighborhoods differ in architecture, lifestyle and buyer profile. It highlights branded towers, waterfront views, privacy and access to culture so discerning purchasers can align their next residence with how they actually want to live in Greater Miami.

Scenic waterway in Coral Gables, Florida, sunny and lined with palms—high‑end area for luxury and ultra luxury condos, offering preconstruction and resale.
Scenic waterway in Coral Gables, Florida, sunny and lined with palms—high‑end area for luxury and ultra luxury condos, offering preconstruction and resale.

Florida Homestead Exemption for Luxury Homeowners

For buyers of Florida luxury real estate, the Homestead Exemption is far more than a line item on a closing statement. It is a constitutional framework that reduces the taxable value of a primary residence, caps how quickly that taxable value can rise, and provides unusually strong creditor protection for the home itself. For Oceanfront penthouses, bayfront estates and high value single-family-homes in markets like Miami-beach and Sunny-isles, mastering the homestead rules can materially improve long term after tax returns and preserve family wealth.

Miami sunset skyline over marinas and Biscayne Bay—Downtown Miami; vibrant zone for luxury and ultra luxury condos; preconstruction and resale inventory.
Miami sunset skyline over marinas and Biscayne Bay—Downtown Miami; vibrant zone for luxury and ultra luxury condos; preconstruction and resale inventory.

Cost of Living in Miami for High-Income Relocators: Real Numbers

Miami has evolved into a fully fledged global luxury hub where the cost of living now rivals other world-class capitals. For high-income relocators, the city pairs seven- and eight-figure property prices with meaningful tax advantages, sophisticated branded residences and a year-round resort lifestyle. This article unpacks the real numbers behind owning or renting at the top end of the market, from waterfront estates and Brickell penthouses to insurance, HOA fees and everyday lifestyle spending, so you can calibrate precisely what it costs to call Miami home.

Villa Miami, Edgewater living room facing Miami skyline, balcony access and refined finishes—luxury and ultra luxury condos; preconstruction.
Villa Miami, Edgewater living room facing Miami skyline, balcony access and refined finishes—luxury and ultra luxury condos; preconstruction.

Can You Buy a Miami Luxury Condo Sight-Unseen? Risk Checklist for Discerning Buyers

Buying a Miami luxury condo without ever stepping inside has become a practical strategy for global buyers, especially in fast moving Brickell and Miami-beach towers. This editorial explains how to approach a sight unseen purchase as a disciplined investment process, not a leap of faith, with a detailed risk checklist covering advisors, technology, developer due diligence, association health, inspections, and legal structure so that your remote decision still reflects the standards of a primary residence.

Miami, Florida sunset skyline reflected on Biscayne Bay—central hub for luxury and ultra luxury condos; preconstruction and resale.
Miami, Florida sunset skyline reflected on Biscayne Bay—central hub for luxury and ultra luxury condos; preconstruction and resale.

Miami vs New York vs Los Angeles: Luxury Real Estate Value Comparison

MILLION Luxury compares Miami, New York and Los Angeles through a value focused lens for ultra affluent buyers. Rather than chasing headlines, we examine price per square foot, space for the dollar, daily lifestyle, architecture, amenities, tax climate and exit liquidity. The result is a grounded framework that clarifies how each city rewards capital differently. For South Florida based clients considering a Manhattan pied a terre, a Los Angeles estate or a deeper commitment to Miami, this guide helps align budget, lifestyle and long term strategy.

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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.