Palm Beach, Florida coastline and island vistas from above—iconic Gold Coast setting for luxury and ultra luxury condos; robust preconstruction and resale inventory.
Palm Beach, Florida coastline and island vistas from above—iconic Gold Coast setting for luxury and ultra luxury condos; robust preconstruction and resale inventory.

South Florida’s Trophy Market in 2025: When Record Sales Become the Story

In South Florida, the top of the market is not merely resilient. It is narrative-driven. From a $120 million Star Island trade reported as a Miami-Dade single-family record to an $86 million condo penthouse widely covered as the county’s priciest condominium sale, 2025 reinforced a modern truth: in the trophy tier, price is only part of the product. The rest is provenance, privacy, design authorship, and the ability for a residence to function as cultural capital. This MILLION Luxury editorial unpacks what the year’s headline deals reveal about how ultra-luxury is marketed, negotiated, and valued across Miami-beach and Palm-beach, and what sophisticated buyers and sellers should watch next.

The Perigon Miami Beach living room with waterfront view and terrace—Miami Beach luxury and ultra luxury condos, preconstruction.
The Perigon Miami Beach living room with waterfront view and terrace—Miami Beach luxury and ultra luxury condos, preconstruction.

Miami’s Ultra-Luxury Rental Market: Six-Figure Leases, Turnkey Living, and When Renting Beats Buying

Six-figure monthly leases are no longer a curiosity in Miami. They are a definable, marketed tier shaped by trophy waterfront addresses, design-forward villa inventory, and a growing expectation of hospitality-level service. For high-net-worth residents and second-home buyers, the decision to rent can be less about compromise and more about control: controlling time, management burden, and all-in carrying costs while preserving flexibility in a market where top-end demand remains intense.

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.

Aman Residences Miami Beach ultra luxury oceanfront highrise condos in daylight, showcasing modern preconstruction architecture and expansive waterfront views along the Miami Beach coastline.
Aman Residences Miami Beach ultra luxury oceanfront highrise condos in daylight, showcasing modern preconstruction architecture and expansive waterfront views along the Miami Beach coastline.

Aman Miami Beach: Ultra-Exclusive Wellness Living on Collins Avenue

Aman Miami Beach brings the brand’s discreet, wellness focused lifestyle to Collins Avenue, uniting a restored 1940s Versailles Hotel with a new 18 story tower of just 22 Oceanfront residences by Kengo Kuma. Set directly on the sand beside the Faena District, the project combines Aman Spa facilities, a private beach club, resort level amenities and full hotel services with low density planning and profound privacy. The result is a rare sanctuary for global buyers seeking a peaceful, design forward base in Miami Beach.

South of Fifth, Miami Beach skyline aerial with ocean and bay—iconic corridor of luxury and ultra luxury condos; preconstruction and resale.
South of Fifth, Miami Beach skyline aerial with ocean and bay—iconic corridor of luxury and ultra luxury condos; preconstruction and resale.

How to Identify a True Ultra-Luxury Condo in Miami Beach

Miami Beach is full of glossy condo towers, but only a handful truly qualify as ultra luxury. For discerning buyers, the difference lies in irreplaceable waterfront land, world class architecture, estate scale floor plans, low density privacy and resort calibre services. Buildings such as The Perigon Miami Beach, Faena House Miami Beach, The Residences at Six Fisher Island and The Ritz-Carlton Residences® Miami Beach set the benchmark.

St. Regis Bahia Mar Residences waterfront pool at sunset, Fort Lauderdale Beach; luxury resort amenity for ultra luxury condos, preconstruction.
St. Regis Bahia Mar Residences waterfront pool at sunset, Fort Lauderdale Beach; luxury resort amenity for ultra luxury condos, preconstruction.

Fort Lauderdale vs. Miami Beach: The Ultimate Waterfront Living Showdown

Fort Lauderdale and Miami Beach offer two distinct expressions of South Florida waterfront living. Fort Lauderdale’s canal-woven landscape favors yacht ownership, privacy, and a gentler residential rhythm, while Miami Beach delivers high-energy oceanfront glamour, a global cultural calendar, and brand-led towers. Both markets now feature expansive, service-rich residences that blend resort convenience with private-club discretion. This editorial compares ambiance, water access, and the marquee developments reshaping each skyline to help you decide which shoreline fits your lifestyle.

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.