South of Fifth, Miami Beach skyline view over Biscayne Bay - prime South Beach zone of luxury and ultra luxury condos; preconstruction and resale.
South of Fifth, Miami Beach skyline view over Biscayne Bay - prime South Beach zone of luxury and ultra luxury condos; preconstruction and resale.

Miami Beach vs. Florida Keys: Ultra-Luxury City Living or Private Island Serenity?

In 2025, the luxury conversation in South Florida is less about where prices peaked and more about where terms can be negotiated without compromising lifestyle. Miami Beach is increasingly a two-speed market: trophy assets and best-in-class buildings still command attention, while broader condo inventory and longer selling timelines create real openings for prepared buyers. The Florida Keys, by contrast, remain driven by scarcity and water access, yet even there longer days on market are shifting the tone from urgency to selectivity. For buyers weighing a full-time residence against a second-home retreat, the question is not simply “Beach or Keys?” It is which micro-market matches your preferred rhythm: walkable, amenity-dense city living, or boating-first privacy with a different ownership profile. Below, MILLION Luxury outlines where leverage is showing up, where it is not, and how to underwrite the decision with clear eyes.

Armani Casa Pompano Beach ultra luxury condos in South Florida offering modern architecture, oceanfront lifestyle, and premium amenities within a preconstruction project.
Armani Casa Pompano Beach ultra luxury condos in South Florida offering modern architecture, oceanfront lifestyle, and premium amenities within a preconstruction project.

Condo or Villa in South Florida: A Discreet Buyer’s Guide to the True Cost, Control, and Lifestyle

For ultra-premium buyers in South Florida, the condo vs villa decision is less about square footage and more about governance, operating burden, rental flexibility, and tax treatment. This MILLION Luxury guide breaks down what you actually own, what you are obligated to fund, how special assessments can change the math, and why “lock-and-leave” is often the defining luxury. We also outline practical rental and ownership-structure considerations, including IRS personal-use thresholds and FIRPTA, so your lifestyle choice aligns with your investment and compliance priorities.

Dusk over Brickell, Miami with pastel sky and high‑rises—waterfront luxury and ultra luxury condos; preconstruction and resale market.
Dusk over Brickell, Miami with pastel sky and high‑rises—waterfront luxury and ultra luxury condos; preconstruction and resale market.

Top 5 Broward Waterfront Neighborhoods Defining 2025’s Trophy-Home Market

In 2025, Broward’s luxury conversation centered less on a single headline closing and more on a set of waterfront micro-markets where design, dockage, and inlet access set pricing power. From Harbor Beach’s Intracoastal frontage to the canal geometry of Las Olas Isles and the enduring appeal of Rio Vista, Fort Lauderdale’s most coveted pockets continued to behave like a separate asset class. Against a countywide backdrop of rising sales volume, a maturing pricing cycle, and a growing pipeline of ultra-luxury product across South Florida, these neighborhoods outline what buyers are actually paying for: privacy, water, and effortless lifestyle logistics.

ALINA Residences, Boca Raton balcony over golf course and skyline—South Florida luxury and ultra luxury condos; active resale.
ALINA Residences, Boca Raton balcony over golf course and skyline—South Florida luxury and ultra luxury condos; active resale.

Top 10 Gated Communities in Boca Raton for Ultra-Luxury Buyers

From deepwater dockage to club-driven social calendars, Boca Raton’s most coveted gated communities offer distinct definitions of privacy, prestige, and daily life. This buyer-oriented ranking breaks down the neighborhoods that consistently anchor the city’s high-end single-family home market, plus how to choose the right fit based on boating, golf, and membership expectations.

Manalapan shoreline and Intracoastal views
Manalapan shoreline and Intracoastal views

Manalapan’s Ocean-to-Intracoastal Estates: South Florida’s Most Concentrated Form of Scarcity

In Manalapan, scarcity is not a slogan. It is geographic math: a tiny barrier-island municipality, a limited number of ocean-to-Intracoastal parcels, and a buyer pool that increasingly treats dual waterfront as a long-term store of lifestyle and leverage. Recent headline transactions and ambitious spec pricing have pushed the town into a rarified conversation alongside Palm Beach, while the broader West Palm Beach luxury condo market offers a lower-maintenance way to stay in the same social and cultural orbit.

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 Mansion Tear-Downs: Why Buyers Pay for the Land, Not the House

In South Florida’s most rarefied enclaves, a dated mansion can be less a home than a placeholder for something more precise. Buyers sometimes pay a premium to control the land itself: the location, the build envelope, the privacy, and the future optionality. This article explains the financial and practical logic behind tear-down deals, the due diligence that separates a smart land play from an expensive surprise, and how to think about value when the existing structure is no longer the asset.

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.