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.

Townhouse vs. Condo: The Luxury Buyer’s Decision in South Florida

A discreet, buyer-oriented look at how ownership, HOA scope, privacy, and long-run equity trends shape the townhouse-versus-condo choice for South Florida luxury purchasers.

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.

ALBA Palm Beach, West Palm Beach waterfront building with sailboats on the Intracoastal—boutique luxury and ultra luxury condos; preconstruction.
ALBA Palm Beach, West Palm Beach waterfront building with sailboats on the Intracoastal—boutique luxury and ultra luxury condos; preconstruction.

Top 5 New Luxury Condo Developments in Palm Beach County

Palm Beach County’s new development pipeline is increasingly defined by low-density towers, branded service, and waterfront access that supports true lock-and-leave living. Below, MILLION Luxury ranks five closely watched condo projects across Palm Beach Gardens, West Palm Beach, and Boca Raton, then outlines how to evaluate lifestyle fit, view corridors, and amenity substance without relying on unverified pricing or delivery assumptions.

ALBA Palm Beach, West Palm Beach waterfront building with sailboats on the Intracoastal—boutique luxury and ultra luxury condos; preconstruction.
ALBA Palm Beach, West Palm Beach waterfront building with sailboats on the Intracoastal—boutique luxury and ultra luxury condos; preconstruction.

West Palm Beach’s New Luxury Condo Playbook: Boutique Full-Floor Living vs. Branded Flexibility

In West-palm-beach, the newest wave of New-construction condos is splitting into two distinct experiences: ultra-private, full-floor homes designed like waterfront estates in the sky, and hotel-adjacent residences engineered for turnkey ownership and leasing flexibility. This guide compares three headline projects by what matters to sophisticated buyers: plan efficiency, privacy, ceiling height, glazing, terraces, and the operational realities that shape daily life and long-term value.

Shore Club, Miami Beach oceanfront condo architecture—landmark address of luxury and ultra luxury condos; preconstruction.
Shore Club, Miami Beach oceanfront condo architecture—landmark address of luxury and ultra luxury condos; preconstruction.

Aman Miami Beach: Preservation, Precision, and a New Benchmark in the Faena District

Aman’s planned Miami Beach debut combines the restoration of the 1940 Versailles Hotel with a new Kengo Kuma designed residential tower, bringing a rare 22-residence, 56-key hotel program to an oceanfront address in the Faena District.

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.