Top 10 Most Expensive Active Home Listings in South Florida Entering 2026
Quick Summary
- $800M+ across the top 10 asking prices
- $200M Indian Creek leads the market
- Estates vs penthouses define 2026 choices
- Privacy, resilience, and service are key
South Florida’s ultra-trophy inventory, in one glance
Entering 2026, South Florida’s most expensive active listings represent more than $800 million in combined asking price. That figure is not just a headline. It is a real-time read on what the market assigns to privacy, scarcity, waterfront exposure, and a highly curated version of convenience.
Two forces continue to support this tier. First, demand has been deep enough to produce 361 closed $10 million-plus sales in 2025, described as the second-most on record (behind 2021). Second, Florida remains disproportionately visible in national luxury coverage, with multiple reports highlighting the state’s presence among the country’s most expensive home sales.
For buyers and advisors, the takeaway is straightforward: at this level, the purchase is less about acquiring “a house” and more about selecting an asset with a specific security posture, lifestyle outcome, and long-term scarcity profile. Once you cross into eight figures, the property competes with other stores of value and with other ways of living, including the increasingly refined, lock-and-leave reality of the penthouse.
What this ranking actually measures (and what it does not)
This is a ranking of active asking prices, not closed sales. It reflects what is publicly available at a moment in time, while acknowledging that South Florida’s trophy market frequently transacts discreetly. Off-market volume can be meaningful at $10 million-plus, which can tighten visible inventory and blur a casual read of supply.
The Top 10 also spans two distinct product types: ultra-private single-family homes on guarded islands or along oceanfront corridors, plus a small set of ultra-trophy penthouses where scale, views, and outdoor living approximate an estate, supported by staffing, security, and building infrastructure.
If you are underwriting at this level, comps are necessary but incomplete. The real issue is substitutability: how many credible alternatives can replicate the same combination of location, land or altitude, and discretion.
The Top 10 most expensive active home listings in South Florida entering 2026
1. 7 Indian Creek Island Rd – Indian Creek At $200,000,000 asking, this is the highest-priced active listing cited entering 2026. Indian Creek’s scarcity and security posture are core to the value proposition.
The home has been described in reporting as designed by Ferris Rafauli and under construction or nearing completion, with customization potential. At this tier, finishing control can be as valuable as the address.
2. 800 S County Rd – Palm Beach Asking $175,000,000, “Casa del Ensuenos” is an Addison Mizner-designed estate, originally from 1923. In this bracket, provenance can carry as much weight as scale.
It has also been reported as renovated and elevated to address flooding and king-tide impacts, pairing old Palm Beach romance with a modern resilience thesis.
3. 1260 S Ocean Blvd – Manalapan At $85,000,000 asking, this is a newly built oceanfront estate positioned ocean-to-Intracoastal. Dual-water orientation remains a rarity that can compress buyer choice quickly.
The number signals what the market assigns to new construction when it is matched with true waterfront reach and a compound-like presence within Palm Beach County.
4. 1100 S Flagler Dr Units 2401/2402 (The Bristol) – West Palm Beach Asking $78,900,000, this is a combined, ultra-large penthouse residence. Consolidations of this size function as bespoke offerings because the total volume, views, and outdoor living are difficult to reproduce.
For buyers who want Palm Beach County proximity with a vertical lifestyle, this format competes directly with estates on staffing and maintenance efficiency.
5. 10203 Collins Ave Unit 2801 (Oceana Bal Harbour) – Bal Harbour At $75,000,000 asking, this two-story corner penthouse is defined by significant outdoor terrace emphasis. Here, terraces are not accessories; they are primary living rooms built for entertaining.
It also reflects the premium assigned to Bal Harbour, where beachfront address and an established luxury ecosystem continue to draw domestic and international buyers.
6. 1107 Hillsboro Mile – Hillsboro Beach Asking $59,950,000, this is an ocean-to-Intracoastal compound-style waterfront estate. The positioning supports a lifestyle where beach and boating are both daily, not occasional.
The “compound” framing is telling: in the ultra-high end, hosting capacity and privacy layering often matter as much as architectural statement.
7. 1413 N Venetian Way – Miami Beach At $59,900,000 asking, this is a modern bayfront home on the Venetian Islands. Venetian addresses tend to appeal to buyers who want a residential feel with immediate access to Miami’s cultural and social core.
The bayfront orientation underscores the enduring pull of water views and dock-forward living within Miami Beach.
8. 6 Riverview Rd – Jupiter Island Asking $49,000,000, this Intracoastal-front estate sits in a low-inventory enclave market. In legacy coastal communities, limited supply is often the pricing engine.
For buyers seeking quiet prestige rather than headline visibility, Jupiter Island remains a discreet counterpoint to Miami’s higher-profile energy.
9. 6315 S Flagler Dr – West Palm Beach At $42,500,000 asking, this is a new-construction contemporary waterfront home with dock and luxury amenities. Along Flagler Drive, water access and proximity to West Palm Beach’s growth continue to sharpen demand.
New construction can also reduce the friction of renovation timelines and permitting, which is not trivial at this level.
10. 84 La Gorce Cir – Miami Beach Asking $39,000,000, this is a gated La Gorce Island waterfront property positioned for custom estate potential. At the top, “potential” often signals a buyer who wants to control design, systems, and security from day one.
The gated setting reinforces a theme across this ranking: privacy is not a perk; it is the product.
Estates vs penthouses: two trophy languages
The top of the market is clearly bilingual. One language is land, gates, and direct water frontage. The other is altitude, layered security, and services, often paired with meaningful outdoor space.
The penthouse proposition has become increasingly exact: arrive, lock, leave. For households splitting time across multiple residences, that convenience can outweigh additional land, especially when the building delivers staff, amenities, and operational consistency. Miami Beach has become a laboratory for this preference, where buyers can pair beach adjacency with hospitality DNA in offerings such as 57 Ocean Miami Beach and Casa Cipriani Miami Beach.
Estate buyers, meanwhile, are not selecting inconvenience. They are selecting control. In settings like Indian Creek and La Gorce Island, the appeal is the ability to curate arrival, privacy layers, and guest management with fewer shared surfaces.
The pricing subtext: privacy, resilience, and the cost of certainty
One striking feature of this 2026 snapshot is how directly the market is pricing certainty. In Palm Beach, the $175 million Mizner estate has been reported as renovated and elevated for flooding and king tides, a reminder that resilience investments now sit closer to the center of value.
Across South Florida, insurance and carrying costs remain part of the luxury conversation, not necessarily as a deterrent, but as a filter. Many top buyers underwrite the total cost of ownership in exchange for predictability: hardened systems, thoughtful elevation where appropriate, and a property that can be enjoyed rather than constantly managed.
For condo buyers, predictability takes a different form: governance, reserves, and service delivery. The appeal of a refined hospitality experience, such as what buyers associate with Setai Residences Miami Beach, is not only lifestyle. It is also operational clarity.
Where the market is concentrating: Miami Beach, Bal-harbour, Palm-beach, and beyond
This Top 10 reinforces that Miami Beach and Palm Beach continue to function as parallel capitals of trophy demand. Miami Beach supplies global visibility and a deep bench of ultra-luxury condos, alongside waterfront single-family homes that keep you close to the city’s core. Palm Beach offers heritage, quieter prestige, and a legacy social ecosystem that remains influential.
Bal Harbour holds a distinct position because it combines beachfront living with an ultra-luxury retail and dining environment, and because its best residences can feel as scarce as standalone estates. In that context, Oceana Bal Harbour reads as a reference point for buyers who want privacy, security, and substantial outdoor space without leaving a managed building.
Then there are enclaves that signal a different type of status: Jupiter Island’s low-inventory reputation, and the broader narrative around Fisher Island as an emblem of extreme scarcity. Even when a specific property is not in the Top 10, these micro-markets shape buyer psychology across the region.
How sophisticated buyers are navigating 2026
At this level, negotiation is often less about discount and more about structure, discretion, and timing. The most sophisticated buyers tend to do three things well.
First, they define non-negotiables early: security posture, water orientation, and whether the household’s cadence is better served by a penthouse or an estate.
Second, they separate “rare” from “expensive.” A property can be expensive because it is new and lavish. It is rare when it cannot be rebuilt, reassembled, or replicated in the same way.
Third, they use visibility strategically. Some sellers price to signal. Some buyers prefer privacy to avoid public days-on-market optics. In that environment, the role of a well-connected advisor is not just access, but filtration.
FAQs
Is this a list of closed sales? No. It is a snapshot of active listings by asking price entering 2026.
What is the highest-priced active listing cited? 7 Indian Creek Island Rd in Indian Creek at $200,000,000 asking.
What is the second-highest priced listing? 800 S County Rd in Palm Beach, “Casa del Ensuenos,” at $175,000,000 asking.
Are condos represented at the very top? Yes. The ranking includes ultra-trophy penthouses, including listings at The Bristol and Oceana Bal Harbour.
What does the Oceana Bal Harbour listing emphasize? A two-story corner penthouse with major outdoor terrace emphasis.
Why do buyers consider penthouses instead of estates? For lock-and-leave living, security, and service infrastructure with meaningful space.
What kind of product is the Hillsboro Mile listing? An ocean-to-Intracoastal compound-style waterfront estate.
What stands out about the Manalapan listing? A newly built oceanfront estate positioned ocean-to-Intracoastal.
How active was the $10M+ market recently? South Florida recorded 361 closed $10M+ sales in 2025, described as the second-most on record.
What is the key caveat when reading any “top listings” ranking? Asking prices and rankings can change quickly as inventory shifts and off-market deals occur.
For discreet representation across Miami Beach, Bal Harbour, and Palm Beach, connect with MILLION Luxury.
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