Fisher Island luxury oceanfront condos near Miami Beach with private beaches and panoramic skyline views.
Fisher Island luxury oceanfront condos near Miami Beach with private beaches and panoramic skyline views.

Star Island, Miami Beach: Inside the Trophy Enclave That Keeps Resetting the Ceiling

A discreet look at Star Island’s scarcity, security, and pricing power, from its 1920s origins to today’s nine-figure benchmark deals, plus what buyers should weigh now.

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.

What $20 Million Buys in South Florida: A Miami Beach Penthouse vs. a Palm Beach Oceanfront Estate

At $20 million, South Florida’s ultra-luxury market splits into two distinct propositions: Miami Beach’s turnkey, service-forward penthouse lifestyle and Palm Beach’s land-first, privacy-driven estate ownership. Using publicly reported benchmarks, this guide maps what the same budget can look like in the sky versus on the sand, and the hidden ownership considerations sophisticated buyers weigh before choosing their coastline.

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.

Why New Yorkers Call Miami the Sixth Borough: Luxury Second-Home Demand

In South Florida, the idea of Miami as New York’s “sixth borough” has become shorthand for a lifestyle migration that is as much about time and climate as it is about capital. For luxury buyers, the second-home conversation now centers on privacy, ease of ownership, and a seamless lock-and-leave rhythm that fits demanding schedules. From waterfront mornings to art-driven nights, Miami-Dade, Broward, and Palm Beach offer a modern alternative to the traditional seasonal home, with neighborhoods that read like distinct micro-cities.

Cipriani Residences Miami exterior entrance; luxury arrival for ultra luxury preconstruction condos in Brickell, Miami.
Cipriani Residences Miami exterior entrance; luxury arrival for ultra luxury preconstruction condos in Brickell, Miami.

Managing a Miami Luxury Property Remotely: Property Management and Home Watch

Owning a Miami residence while living elsewhere is no longer an exception, it is a defining pattern of South Florida luxury. The difference between a home that simply sits and a home that performs is the operating plan behind it. This guide outlines how to combine professional property management with a discreet home watch routine, so your finishes, systems, and privacy remain protected year-round. From vendor governance and access control to storm season readiness and arrival prep, it is a playbook for confident remote ownership.

Hibiscus, Star or Palm Islands waterfront homes on Biscayne Bay in Miami—guard‑gated enclave near luxury and ultra luxury condos; premium resale market.
Hibiscus, Star or Palm Islands waterfront homes on Biscayne Bay in Miami—guard‑gated enclave near luxury and ultra luxury condos; premium resale market.

Florida Tax Residency Essentials for New Luxury Homeowners - Legal Overview

For affluent buyers relocating from high-tax states, Florida offers a rare combination of lifestyle and structural tax advantages: no state income tax, no estate or inheritance tax, and powerful homestead protections. This legal overview explains how those benefits work in practice for new luxury homeowners, from property tax relief and asset protection to favorable treatment of investment portfolios. It then walks through the concrete steps required to establish Florida domicile and unwind ties to your former state, helping you reduce audit risk and avoid dual taxation.

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.