Top 5 Ultra-Luxury Penthouses Currently on the Market in Miami Beach

Miami Beach’s trophy-penthouse moment has arrived. From a $150 million crown at the reborn Raleigh to invitation-only sky estates on Fisher Island, five exceptional residences now define the city’s new pinnacle. These homes combine vast indoor-outdoor square footage, landmark design pedigrees, and full-service privacy that rivals elite global markets. Below, we detail the five standouts across South Beach, Mid-Beach, South of Fifth, and Fisher Island, and outline the nuanced considerations that matter when acquiring a true sky estate in Miami Beach’s most rarefied tier.

Decoding Luxury Condo Fees in Miami Beach: What Do Your HOA Dollars Really Buy?

In Miami Beach, luxury HOA fees buy far more than basic upkeep. They fund a hospitality‑grade operation: 24‑hour concierge and butler teams, layered security, residents‑only dining, beach and marina programs, and meticulous maintenance of architect‑led buildings on the ocean. With boutique scales and stringent insurance and compliance standards, costs are shared among fewer owners yet deliver a resort‑level lifestyle. This guide breaks down what the fees cover, how branded residences manage consistency, and how to assess HOA value with confidence.