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’s Mega-Residences in the Sky: Why Ultra-Luxury Buyers Are Combining Condo Units

Across South Florida’s most coveted towers, ultra-luxury buyers are quietly assembling adjacent residences into single, estate-scale homes in the sky. From merged penthouses in Miami Beach to multi-level trophy offerings marketed in Bal Harbour, the move is less about novelty than about solving a practical problem: true “large-format” inventory in prime locations is finite. What follows is a buyer-oriented look at why unit combinations are accelerating, how developers are planning for them, and what to underwrite before you decide to stitch two (or more) homes into one.

Boca Raton, Florida oceanfront aerial with beaches and inlets, showcasing luxury and ultra luxury condos; desirable preconstruction and resale zone.
Boca Raton, Florida oceanfront aerial with beaches and inlets, showcasing luxury and ultra luxury condos; desirable preconstruction and resale zone.

South Florida Luxury Real Estate in 2026: Higher Price Floors, Smarter Scarcity, and the New Definition of “Turnkey”

Luxury is being re-priced nationally, but South Florida’s premium coastal submarkets remain defined by scarcity, service, and buyer selectivity. With inventory rising in the broader U.S. luxury segment and ultra-luxury demand staying resilient in specific metros, 2026 rewards a more intentional approach: understand the new price thresholds, watch days-on-market signals, and prioritize buildings and homes that feel future-ready on resilience and sustainability.

The Perigon Miami Beach beachfront bedroom interior with floor‑to‑ceiling glass—oceanfront luxury and ultra luxury condos; preconstruction.
The Perigon Miami Beach beachfront bedroom interior with floor‑to‑ceiling glass—oceanfront luxury and ultra luxury condos; preconstruction.

Miami Ultra-Luxury Real Estate: Why Demand Holds Even With 6.7% Mortgages

Despite mortgage rates that remain elevated by recent-historical standards, Miami-Dade’s ultra-luxury market continues to behave like a distinct asset class: cash-heavy, supply-constrained, and increasingly defined by trophy-level price discovery. From record-setting penthouse trades to resilient pricing metrics in the $2M-plus condo segment, today’s buyers are less focused on rate cycles and more focused on scarcity, quality, and lifestyle optionality across Miami-beach and beyond.

South of Fifth waterfront at sunset, pastel sky over Miami Beach skyline—sought‑after setting for luxury and ultra luxury condos; preconstruction and resale.
South of Fifth waterfront at sunset, pastel sky over Miami Beach skyline—sought‑after setting for luxury and ultra luxury condos; preconstruction and resale.

Why Ultra-Wealth Buyers Keep Choosing South Florida: Taxes, Privacy, and Record-Setting Waterfront Trades

From billionaire bunker enclaves to nine-figure penthouses, South Florida’s luxury market increasingly functions like a residency strategy, a privacy strategy, and a lifestyle allocation all at once.

The Delmore, Surfside Miami modern apartment building at evening—boutique tower of luxury and ultra luxury condos; preconstruction.
The Delmore, Surfside Miami modern apartment building at evening—boutique tower of luxury and ultra luxury condos; preconstruction.

Top 5 Boutique Ultra-Luxury Condo Developments in Miami Beach and Surfside (2026)

A discreet buyer’s guide to South Florida’s most limited-count, hospitality-leaning new developments, with practical underwriting notes for pre-construction in Miami Beach and Surfside.

Hibiscus, Star and Palm Islands, Miami aerial over Biscayne Bay—private islands lined with estates and nearby luxury and ultra luxury condos; renowned resale market.
Hibiscus, Star and Palm Islands, Miami aerial over Biscayne Bay—private islands lined with estates and nearby luxury and ultra luxury condos; renowned resale market.

Private Islands in South Florida: A Buyer’s Guide to the Keys, Biscayne Bay, and the Island-Address Alternative

Private-island shopping in South Florida sits at the intersection of romance and regulation. Inventory exists, but it is thin and often marketed through portals and boutique channels; pricing spans widely, and the true differentiator is not just shoreline or sunset exposure, but what you can legally build, dock, insure, and maintain. This guide outlines the micro-markets most often associated with “island living” in the Florida Keys and Biscayne Bay, then translates the state’s ownership and permitting realities into a due-diligence framework. Finally, it offers a pragmatic option for buyers who want the island feel with a more predictable operational burden: the island-address residence in Miami’s most refined waterfront buildings.

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.