The Residences at 1428 Brickell modern apartment at evening with panoramic city lights—Brickell, Miami; luxury and ultra luxury condos with floor‑to‑ceiling glass, preconstruction.
The Residences at 1428 Brickell modern apartment at evening with panoramic city lights—Brickell, Miami; luxury and ultra luxury condos with floor‑to‑ceiling glass, preconstruction.

Ultra-Luxury Miami Penthouses in New Developments: A Discerning Buyer's Guide

Miami's new generation of ultra-luxury penthouses is reshaping the skyline from Downtown and Brickell to Miami Beach, Coconut Grove and Edgewater. For a global cohort of discerning buyers, these sky estates offer collectible architecture, branded services and rare waterfront or bayfront views. This guide from MILLION Luxury profiles flagship developments such as Waldorf Astoria Miami, St. Regis Residences Brickell, 1428 Brickell, Baccarat Residences Brickell, Aston Martin Residences, Five Park Miami Beach, The Perigon Miami Beach, Rosewood Residences Miami Beach at The Raleigh, Vita at Grove Isle and Villa Miami, and outlines the key criteria that should underpin an informed penthouse acquisition.

Brickell, Miami aerial skyline along Biscayne Bay—financial district high‑rises and waterfront parks; sought‑after market for luxury and ultra luxury condos, with preconstruction and resale.
Brickell, Miami aerial skyline along Biscayne Bay—financial district high‑rises and waterfront parks; sought‑after market for luxury and ultra luxury condos, with preconstruction and resale.

The Rent vs Buy Debate For Miami Luxury Condos

With five-figure monthly rents now common in prime Miami luxury condos, affluent residents are re-evaluating whether it still makes sense to lease or if those payments should be redirected into ownership. This editorial unpacks how record-high rents, a buyer-friendly inventory backdrop and new condo reserve laws are reshaping the rent vs buy equation at the very top of the market. It outlines when long-term commitment and equity building justify a purchase, and when flexibility, mobility and capital efficiency make renting the smarter play.

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.