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.

Top 5 Reasons Luxury Real Estate Contracts Fall Through in South Florida

As South Florida’s luxury market regains balance, contract risk is becoming a core part of the transaction strategy. With more inventory, more choice, and underwriting that remains exacting, the most expensive mistakes are often procedural, not aesthetic. This MILLION Luxury guide ranks the five most common reasons high-end contracts unravel and offers practical, discreet safeguards for both buyers and sellers before the contingency clock starts.

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.

Fisher Island, Miami marina framed by skyline and resort architecture—secluded setting of luxury and ultra luxury condos; premier resale opportunities.
Fisher Island, Miami marina framed by skyline and resort architecture—secluded setting of luxury and ultra luxury condos; premier resale opportunities.

Six Fisher Island vs. Palazzo della Luna: Deposits, Timing, and the Price of Scarcity in 33109

On Fisher Island, the decision to buy new versus buy finished is often a decision about time, liquidity, and how much uncertainty you are willing to underwrite. Here is how The Residences at Six Fisher Island and Palazzo della Luna differ in deposit structure, delivery timeline, and buyer leverage, and what those differences mean for ultra-premium purchasing strategy.

Bentley Residences Sunny Isles infinity pool with ocean view in Sunny Isles Beach; luxury and ultra luxury condos, preconstruction, resort deck.
Bentley Residences Sunny Isles infinity pool with ocean view in Sunny Isles Beach; luxury and ultra luxury condos, preconstruction, resort deck.

Bentley Residences vs Turnberry Ocean Club: A Sunny Isles Buyer’s Decision Guide

Two oceanfront towers on Collins Avenue present two very different versions of Sunny Isles luxury: one defined by immediate occupancy and a mature amenity culture, the other by a highly engineered, branded vision scheduled for future delivery. This MILLION Luxury guide compares Bentley Residences and Turnberry Ocean Club through the lens sophisticated buyers actually use: timeline, privacy, operational realities, and the capital planning that comes with either Pre-construction or Resale.

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.