A New Era for South Florida Penthouses as Demand Surges

South Florida’s ultra-prime condominium market is showing new depth at the $20 million threshold. Based on publicly reported closings and disclosed signed or pre-groundbreaking contracts between March...

By Andres Munoz
A New Era for South Florida Penthouses as Demand Surges
Aerial beachfront view of Faena House in Miami Beach, luxury and ultra luxury condos with a sculptural tower, palm-lined grounds, neighboring buildings, and the Atlantic shoreline.
Aerial beachfront view of Faena House in Miami Beach, luxury and ultra luxury condos with a sculptural tower, palm-lined grounds, neighboring buildings, and the Atlantic shoreline.

Faena House Miami Beach vs. Setai Residences Miami Beach: Statement design versus understated luxury for end-users

For end-users choosing in Miami Beach, the distinction between Faena House and Setai Residences is less about prestige than about temperament. Faena House offers a highly legible architectural identity and a culturally charged ownership experience, while Setai Residences favors privacy, wellness, and hotel-grade calm. This comparison looks at how design, amenities, daily rhythm, and buyer profile shape the decision between two very different expressions of ultra-luxury living.

Waterfront high-rise at dusk, The Residences at Mandarin Oriental, Miami Tower Two on Brickell Key, ultra luxury condos in preconstruction with luxury bay and city views. Featuring modern and sunset.
Waterfront high-rise at dusk, The Residences at Mandarin Oriental, Miami Tower Two on Brickell Key, ultra luxury condos in preconstruction with luxury bay and city views. Featuring modern and sunset.

New-to-Florida tax questions HNWIs ask in 2026: The practical answers your advisor should confirm

A discreet, practical guide to the tax questions high-net-worth buyers ask after relocating to Florida in 2026, with a focus on domicile, audits, filings, homestead strategy, remote work, trusts, and multi-state exposure.

Aerial beachfront skyline view of Jade Ocean in Sunny Isles Beach, showing luxury and ultra luxury condos along turquoise water with a long pier, sandy shoreline, and neighboring oceanfront towers.
Aerial beachfront skyline view of Jade Ocean in Sunny Isles Beach, showing luxury and ultra luxury condos along turquoise water with a long pier, sandy shoreline, and neighboring oceanfront towers.

Jade Ocean Sunny Isles Beach vs. Muse Residences Sunny Isles Beach: Family functionality, layouts, and resident mix

A buyer-focused comparison of Jade Ocean and Muse Residences in Sunny Isles Beach, centered on family usability, floor-plan flexibility, amenity philosophy, and the type of resident each tower tends to attract.

Rooftop pool terrace at The Ritz-Carlton Residences, Fort Lauderdale, showing amenities for luxury and ultra luxury condos, including a sunset lounge deck, in-water seating, and landscaped skyline views.
Rooftop pool terrace at The Ritz-Carlton Residences, Fort Lauderdale, showing amenities for luxury and ultra luxury condos, including a sunset lounge deck, in-water seating, and landscaped skyline views.

The Ritz-Carlton Residences® Fort Lauderdale vs. Four Seasons Hotel & Private Residences Fort Lauderdale: Which service model feels more residential?

For buyers weighing branded ownership in Fort Lauderdale, the sharper distinction is not prestige but operating logic. Ritz-Carlton Residences is structured as a residential-only environment, while Four Seasons blends private ownership with an active hotel. That difference shapes privacy, circulation, amenity use, and the daily texture of living there. For purchasers prioritizing calm, continuity, and an owner-focused rhythm, Ritz-Carlton reads as the more residential model.

Turnberry Ocean Club in Sunny Isles Beach luxury and ultra luxury condos showcase a living and dining space with a crystal chandelier, marble floors, and an oceanfront glass corner.
Turnberry Ocean Club in Sunny Isles Beach luxury and ultra luxury condos showcase a living and dining space with a crystal chandelier, marble floors, and an oceanfront glass corner.

St. Regis® Residences Sunny Isles vs. Turnberry Ocean Club Sunny Isles: Which feels more tranquil day-to-day?

For buyers choosing between two oceanfront Sunny Isles addresses, the decisive distinction is not the shoreline but the operating rhythm inside the building. St. Regis® Residences Sunny Isles leans into branded hospitality, extensive services, spa programming, and a more active daily flow. Turnberry Ocean Club Sunny Isles presents a more private, resident-centered cadence that is likely to feel calmer for owners who value discretion and predictable quiet.

The Ritz-Carlton Residences Pompano Beach Marina Tower waterfront pool deck with cabanas and sun loungers overlooking the marina canal, highlighting luxury and ultra luxury preconstruction condos amenities in Pompano Beach, Florida.
The Ritz-Carlton Residences Pompano Beach Marina Tower waterfront pool deck with cabanas and sun loungers overlooking the marina canal, highlighting luxury and ultra luxury preconstruction condos amenities in Pompano Beach, Florida.

Rosewood Residences Hillsboro Beach vs. The Ritz-Carlton Residences® Pompano Beach: Ultra-private coast versus amenity scale

A buyer-focused comparison of two Broward County branded residences, contrasting Rosewood’s intimate Hillsboro Beach setting with Ritz-Carlton’s larger-scale Pompano Beach resort model.

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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.