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.

Penthouse Shells: The Pros and Cons of Buying an Unfinished Top-Floor Unit to Customize from Scratch

A discreet, buyer-oriented guide to purchasing a penthouse delivered as a shell in Miami Beach, including what “shell” really means, where costs and timelines tend to concentrate, and the diligence steps that protect resale.

Bay view of Coral Gables waterfront luxury homes - prime South Florida zone near luxury and ultra luxury condos, with preconstruction and resale activity.
Bay view of Coral Gables waterfront luxury homes - prime South Florida zone near luxury and ultra luxury condos, with preconstruction and resale activity.

Is New Construction Overpriced or Worth It? How to Judge Value in a Brand-New Condo vs. a 5-Year-Old One

In South Florida’s luxury condo market, the real pricing contest in 2026 is rarely about sticker price. It is about predictable operating costs, looming capital projects, insurance volatility, and how much risk you want to underwrite personally. Here is a buyer-focused framework to compare pre-construction and a five-year-old resale condo, with a particular lens on Florida’s post-Surfside regulatory reality and the region’s cash-heavy luxury demand.

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.

Luxury Condo Due Diligence in Miami Beach: Reserves, Insurance, and the Real Cost of Ownership

In South Florida, the most consequential line items in a luxury condo purchase often live behind the lobby doors: the association’s reserves, insurance posture, and governance record. This MILLION Luxury guide outlines how sophisticated buyers evaluate budgets, reserve studies, delinquencies, lender eligibility, and Florida’s post-Surfside inspection regime to protect both lifestyle and long-term resale liquidity.

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 modern coastal living room, Miami Beach—floor‑to‑ceiling glass in luxury and ultra luxury condos; resale.
The Ritz‑Carlton South Beach modern coastal living room, Miami Beach—floor‑to‑ceiling glass in luxury and ultra luxury condos; resale.

Mediterranean vs. Modern in South Florida: Which Style Protects Resale Best Right Now

In South Florida, architectural style is not just taste; it is a pricing signal, a maintenance profile, and a proxy for how today’s luxury buyers actually live. New national style data shows Mediterranean homes command the highest median listing prices, yet recent appreciation has been flat, while modern and contemporary product has posted stronger multi-year gains. For Miami Beach and adjacent coastal submarkets, the most resale-resilient choice tends to be the one that aligns with indoor-outdoor living, feels authentic to place, and minimizes renovation friction in a low-growth market.

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.