Rivage Bal Harbour view toward Miami Beach skyline and ocean, Bal Harbour, Miami—signature vistas from luxury and ultra luxury condos; preconstruction.
Rivage Bal Harbour view toward Miami Beach skyline and ocean, Bal Harbour, Miami—signature vistas from luxury and ultra luxury condos; preconstruction.

Miami-Dade Property Taxes for Luxury Buyers: Millage, Homestead, and the True Carrying-Cost Equation

Miami-Dade’s property-tax math is straightforward, but the outcome is not: millage varies by municipality and special districts, exemptions reshape taxable value, and non-tax carrying costs can rival the tax line item.

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.

South Florida Second-Home Playbook: Lifestyle First, Investment-Grade Discipline

A discreet guide for buyers treating a South Florida second home as both sanctuary and balance-sheet asset, with practical underwriting, tax, and rental-use frameworks.

Armani Casa Pompano Beach ultra luxury condos in South Florida offering modern architecture, oceanfront lifestyle, and premium amenities within a preconstruction project.
Armani Casa Pompano Beach ultra luxury condos in South Florida offering modern architecture, oceanfront lifestyle, and premium amenities within a preconstruction project.

Condo or Villa in South Florida: A Discreet Buyer’s Guide to the True Cost, Control, and Lifestyle

For ultra-premium buyers in South Florida, the condo vs villa decision is less about square footage and more about governance, operating burden, rental flexibility, and tax treatment. This MILLION Luxury guide breaks down what you actually own, what you are obligated to fund, how special assessments can change the math, and why “lock-and-leave” is often the defining luxury. We also outline practical rental and ownership-structure considerations, including IRS personal-use thresholds and FIRPTA, so your lifestyle choice aligns with your investment and compliance priorities.

Miami Beach ultra luxury waterfront estate with private yacht—yachting lifestyle amid nearby luxury and ultra luxury condos; high‑end resale.
Miami Beach ultra luxury waterfront estate with private yacht—yachting lifestyle amid nearby luxury and ultra luxury condos; high‑end resale.

Why Global Buyers Keep Choosing Miami’s Ultra-Private Second Homes

International demand is no longer a headline in South Florida. It is the operating reality of the new luxury market, especially in condo-forward neighborhoods where service, security, and global brand signals matter as much as views. Here is what is pulling capital to Miami and Miami Beach, why branded residences have become the preferred “lock-and-leave” asset, and what sophisticated buyers should pressure-test before they sign a contract.

Four Seasons Coconut Grove, Miami living room with palm view—refined interiors within luxury and ultra luxury condos; preconstruction residences in Coconut Grove.
Four Seasons Coconut Grove, Miami living room with palm view—refined interiors within luxury and ultra luxury condos; preconstruction residences in Coconut Grove.

Larry Page’s Coconut Grove Double Purchase Signals a New Ultra-Luxury Playbook in South Florida

A reported $173.4 million two-home buying move by Google co-founder Larry Page highlights how today’s ultra-wealthy are treating South Florida real estate as a portfolio: privacy, control, and optionality across multiple assets. From Coconut Grove acreage to Miami Beach’s branded residences, the market is being shaped by compound strategies, residency timing, and a rising premium on security and adjacency.

Aman Residences Miami Beach ultra luxury oceanfront highrise condos at sunset, highlighting resort-style preconstruction residences with glowing sky and panoramic waterfront views.
Aman Residences Miami Beach ultra luxury oceanfront highrise condos at sunset, highlighting resort-style preconstruction residences with glowing sky and panoramic waterfront views.

Serviced Residences vs. Condos in Miami Beach: The All-In Luxury Equation

For South Florida buyers balancing lifestyle, flexibility, and cost transparency, hotel-serviced residences and traditional condos solve different problems. This guide breaks down what is typically included, what is variable, and the due diligence that matters most when the lines between hospitality and home blur.

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.