The Residences at 1428 Brickell bayfront penthouse at sunset—Brickell, Miami; sky‑high luxury and ultra luxury condos; preconstruction.
The Residences at 1428 Brickell bayfront penthouse at sunset—Brickell, Miami; sky‑high luxury and ultra luxury condos; preconstruction.

Miami Ultra-Luxury Real Estate in 2026: Where the Market Draws the Line

In South Florida’s top zip codes, “luxury” has become a broad label, while “ultra-luxury” is increasingly treated as its own tier with different price logic, buyer behavior, and product expectations. This editorial clarifies the working price bands, why branded residences and service platforms command a premium, and how micro-markets like Miami Beach and the private-island enclaves separate ordinary high-end from true trophy real estate.

The Perigon Miami Beach beach lounge on the sand—Miami Beach resort lifestyle for luxury and ultra luxury condos, preconstruction.
The Perigon Miami Beach beach lounge on the sand—Miami Beach resort lifestyle for luxury and ultra luxury condos, preconstruction.

Dubai’s $10M Record, Miami Beach’s Momentum: What Ultra-Luxury Buyers Should Watch in 2026

Dubai’s $10M-plus market set new highs in 2025, and the signals matter for South Florida buyers comparing global lifestyle hubs. Here is what the data suggests about liquidity, trophy pricing, and where Miami Beach continues to win on long-term desirability.

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.

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.