The Ritz‑Carlton South Beach sunrise skyline over Miami Beach - oceanfront landmark amid luxury and ultra luxury condos; resale.
The Ritz‑Carlton South Beach sunrise skyline over Miami Beach - oceanfront landmark amid luxury and ultra luxury condos; resale.

Right of First Refusal: What It Means if a Condo Board Can Block Your Purchase (and How Often It Happens)

A buyer-oriented guide for South Florida luxury condo transactions explaining how a condominium right of first refusal works, what it can and cannot be used for, how it impacts timelines and financing, and what to review in the condo documents before signing.

The Ritz‑Carlton South Beach sunrise skyline over Miami Beach—oceanfront landmark amid luxury and ultra luxury condos; resale.
The Ritz‑Carlton South Beach sunrise skyline over Miami Beach—oceanfront landmark amid luxury and ultra luxury condos; resale.

Flipping vs. Buy-and-Hold in South Florida Luxury: The 2026 Smart Luxury Playbook

Luxury real estate in South Florida is moving from the pandemic-era sprint to a more measured, analytical cycle. For investors and second-home buyers, the most reliable wins increasingly come from disciplined underwriting, tax-aware holding periods, and best-in-class assets that remain liquid even when the broader market slows.

The Ritz‑Carlton South Beach sunrise skyline over Miami Beach—oceanfront landmark amid luxury and ultra luxury condos; resale.
The Ritz‑Carlton South Beach sunrise skyline over Miami Beach—oceanfront landmark amid luxury and ultra luxury condos; resale.

Vintage Miami Beach Condos: Design, Value, and the New Safety Era

From Ocean Drive’s Art Deco icons to Morris Lapidus-era towers and Venetian Islands bayfront living, vintage condos are back in focus. Today’s buyer is balancing architectural pedigree with Florida’s post-Surfside inspection and reserve realities, while watching a resale market where older inventory can trade faster than newer product. This MILLION Luxury editorial outlines what makes vintage compelling, what due diligence now demands, and how to compare classic buildings with today’s new-construction benchmarks.

The Ritz‑Carlton South Beach sunrise skyline over Miami Beach—oceanfront landmark amid luxury and ultra luxury condos; resale.
The Ritz‑Carlton South Beach sunrise skyline over Miami Beach—oceanfront landmark amid luxury and ultra luxury condos; resale.

Condo Fees, Reserves, and Special Assessments: A 2026 Due‑Diligence Playbook for South Florida Luxury Buyers

Rising insurance, mandatory structural reserves, and tighter governance rules have shifted the true cost of condo ownership in South Florida. This MILLION Luxury guide explains how milestone inspections and Structural Integrity Reserve Studies reshape monthly budgets, why special assessments hinge on process as much as price, and what disciplined due diligence looks like in today’s luxury resale market.

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.

The Luxury Retrofit Playbook: Making Resale Condos Feel New in South Florida

New-construction towers set a relentless benchmark for finishes, tech, and amenities. For South Florida owners and condo boards, the most valuable strategy is not to mimic every new building feature, but to upgrade the moments that buyers actually notice: first impression, daily comfort, and frictionless living. This MILLION Luxury guide outlines the unit-level and building-level improvements that read as modern, protect pricing power, and help Resale inventory compete intelligently with New-construction.

Miami Beach aerial over Atlantic shoreline and Biscayne Bay—resort towers, beaches and canals; top market for luxury and ultra luxury condos, with preconstruction and resale.
Miami Beach aerial over Atlantic shoreline and Biscayne Bay—resort towers, beaches and canals; top market for luxury and ultra luxury condos, with preconstruction and resale.

Miami’s Luxury Condo Resale Market: When New Towers Reset the Value of Older Icons

In South Florida, the luxury condo Resale market increasingly trades in the shadow of New-construction launches. A new tower’s design language, amenity stack, and buyer incentives can raise the ceiling for a neighborhood or compress pricing for older product that cannot match today’s expectations. For owners of established buildings, value protection is less about chasing the newest finish package and more about controlling presentation, timing, and terms. For buyers, the opportunity lies in understanding how developers set comps and how older icons can still win on location, scale, and certainty.

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.