Villa Miami, Edgewater aerial skyline with bridges and islands. Gateway to Miami’s luxury and ultra luxury condos; preconstruction.
Villa Miami, Edgewater aerial skyline with bridges and islands. Gateway to Miami’s luxury and ultra luxury condos; preconstruction.

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 domestic wealth migration, a high share of cash transactions, and rapid absorption of new construction inventory. Miami Beach, Brickell, Sunny Isles, Palm Beach, and Fort Lauderdale continue to attract buyers drawn to tax advantages, lifestyle, and relative global value. For investors and end-users, the signal is clear: the top of the market remains resilient.

Bentley Residences Sunny Isles penthouse view over Sunny Isles Beach; luxury and ultra luxury condos, preconstruction, elevated ocean and city vistas.
Bentley Residences Sunny Isles penthouse view over Sunny Isles Beach; luxury and ultra luxury condos, preconstruction, elevated ocean and city vistas.

Top 10 Luxury Penthouses in South Florida for Sale in 2026

South Florida’s 2026 penthouse market is defined by a small circle of trophy residences stretching from Miami Beach and Brickell to West Palm Beach and Fort Lauderdale. Blending resort-grade services, iconic architecture and expansive private outdoor space, these ten homes-in-the-sky range from record-breaking hotel-branded towers to intimate oceanfront enclaves. Curated by MILLION Luxury for design-conscious collectors, the list highlights both pre-construction opportunities and newly completed residences that pair privacy with panoramic water views, elevating South Florida into the first rank of global penthouse destinations.

The Perigon Miami Beach aerial of Miami Beach coastline and towers—Miami Beach luxury and ultra luxury condos, preconstruction.
The Perigon Miami Beach aerial of Miami Beach coastline and towers—Miami Beach luxury and ultra luxury condos, preconstruction.

The Allure of New Construction for South Florida’s Luxury Condo Buyers

South Florida’s elite condo buyers are increasingly focused on brand-new, architect-driven towers that deliver turn-key residences, resort-level amenities, advanced safety, and hotel-caliber services. This article explains why many refuse to consider Resale homes at all and how New-construction and Pre-construction offerings in Miami-beach and Brickell are reshaping the definition of luxury living. We also outline what sophisticated buyers should prioritize when selecting a future-proof residence in the region’s most coveted waterfront neighborhoods, from private elevators to next-generation wellness, technology, and sustainability features.

Brickell, Miami aerial skyline along Biscayne Bay—financial district high‑rises and waterfront parks; sought‑after market for luxury and ultra luxury condos, with preconstruction and resale.
Brickell, Miami aerial skyline along Biscayne Bay—financial district high‑rises and waterfront parks; sought‑after market for luxury and ultra luxury condos, with preconstruction and resale.

The Rent vs Buy Debate For Miami Luxury Condos

With five-figure monthly rents now common in prime Miami luxury condos, affluent residents are re-evaluating whether it still makes sense to lease or if those payments should be redirected into ownership. This editorial unpacks how record-high rents, a buyer-friendly inventory backdrop and new condo reserve laws are reshaping the rent vs buy equation at the very top of the market. It outlines when long-term commitment and equity building justify a purchase, and when flexibility, mobility and capital efficiency make renting the smarter play.

Bentley Residences Sunny Isles modern architectural tower on the skyline in Sunny Isles Beach; luxury and ultra luxury condos, preconstruction, signature design.
Bentley Residences Sunny Isles modern architectural tower on the skyline in Sunny Isles Beach; luxury and ultra luxury condos, preconstruction, signature design.

Iconic Developments Defining South Florida Luxury Real Estate 2026

As South Florida approaches 2026, a curated group of flagship developments is quietly redrawing the region’s luxury map. From the supertall profile of Waldorf Astoria Residences Downtown Miami and the classically inspired St. Regis® Residences Brickell to Bentley Residences Sunny Isles, The Perigon Miami Beach, South Flagler House and The Ritz-Carlton Residences® Pompano Beach, these pre-construction and newly delivered properties combine global branding with highly local perspectives. For private clients, they represent a rare alignment of design pedigree, elevated services, privacy and long term value across Miami-beach, Brickell, Palm-beach and Pompano-beach.

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.

Condo-Hotel Programs in Miami & Miami Beach: Branded Rental Options, Terms & Yield Considerations (2025)

Miami and Miami Beach have become a benchmark for condo-hotel living, where buyers own deeded residences inside five-star hotels and tap into short-term rental demand when they are away. This 2025 guide explains how branded rental programs work, from owner usage rules and revenue splits to furnishing standards and financing. It also outlines typical net yields, key risk factors in a fast-growing short-term rental pipeline, and a curated look at leading condo-hotel towers across the city for sophisticated capital.

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.

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