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What are The Best Miami Condos for Sale in 2023?
What are Miami’s Best Condos for Sale in 2023?
When looking at Miami best condos for sale one needs to follow a basic set of rules and one of the most important rules is to look out for unique floor plans. Who regularly reads our blogs knows we provide a lot of tips for Miami condo investments. The market is seeing a lot of supply and you want to avoid generic product or bad floor plans in good buildings.
The below list of the Best Miami Condos for Sale in 2022 represent good quality buildings, that have unique features and that have performed well over time. For each of these buildings we provide price levels and its best floor plans. This is not an exhaustive list of good-quality condos, but rather a list of condos that will do well in our expert opinion.
CLICK HERE. WE HAVE UPDATED THIS LIST FOR THE SECOND HALF OF 2022!
Notes: Please keep in mind that these averages are just taken over the last 12 months (feb 2021-Feb 2022). For Vita, St Regis Brickell and Five Park we calculated the average price based on listing prices (not sales prices) as these projects just launched. These listing prices are subject to rapid change as these projects were in the early stages of the construction phase when this article was written.
The Best Miami Condos for Sale in 2022
Please find our List here below with our top 10 condos, in no particular order
Eighty Seven Park, Miami Beach
87 Park is located in Miami Beach, just meters away from Surfside in a less touristic and more private part of Miami Beach. This condo by architect Renzo Piano offers only 17 floors and is located next to a large park. The location of the park provides this condo with a 270 degree panoramic view avoiding side views into other buildings. Another feature that makes 87 Park stand out are the extremely large outdoor areas.
The 02 line is the best line in the building and offers southeast exposure overlooking the ocean as well as the park. The 01 line is extremely desirable, as it occupies the northeast corner of the building, offering stunning ocean views. The 02 line has sold very quickly because many buyers in the building have combined units, resulting in large, luxurious spaces. This condo consistently ranks among the best in class and is one of the best Miami condos for sale in 2022.
The Surf Club Four Seasons Residences in Surfside
The Surf Club has a hotel and two residential towers with 150 units, and sits on 9 acres with 965 feet of oceanfront. World-famous architect Richard Meier designed the luxurious units, which range from 1,400-8,000 SF, are flow-through with water and city views, and come with private elevators and chef’s kitchens. The North Tower is the best to focus on as it is more secluded and private.
One of the most spectacular floor plans is the 21 Line. These are 5 bedroom, 5,822 SF Corner residences facing the northeast. The 15-line is also a very desired line with 3,000 SF, 3 bedroom corner residences facing the southeast. The 19-line offers 3,370 SF, 3 bedrooms and northeast exposure. For very large (3,424 SF ) 2 bedroom residences the 17 line will work best! The entire area of Surfside is becoming more desirable and of a primary nature with people who live in Surfside all year round.
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Palazzo Della Luna on Fisher Island
This private island can only be reached by ferry, boat, or helicopter, making it perfect for buyers who want privacy. Palazzo della Luna ranks highly on privacy, exclusivity, finishes, amenities, and large floor plans. With only 43 residences, it is extremely boutique. The units are all finished and ready to move in, so there are no hidden costs. The best units are those directly facing the water which are units C East, C West and Unit E. The first two offers 4,956 Sf while unit E offers no less than 9,826 SF.
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St Regis Brickell
The St Regis in Brickell was launched in February 2022. The project is a cooperation of the industry’s finest such as NYC-based architectural firm RAMSA, Rockwell design and of course St Regis for the white glove services. Residents will enjoy all the signature services and amenities of the St Regis brand, but the condo will only offer residences and no hotel component.
The St Regis residences are very large with two floor plans facing the east (the bay) and two floor plans facing the west. The west facing residences still enjoy (partial) water views from the living room and balcony. From what we have have heard/seen so far, the finishes will be state-of-the art and the floor plans are large and very well designed (If you have read more of our articles you know we are very critical on floor plans). There is barely any dead space, a great flow and amazing and ample water views from all the social areas within the residences. The units are accessible by private elevator and provide for an expansive and deep terrace. The bedrooms are separated from the social area by means of a long corridor. This unit also comes with a separate laundry room and service room.
The north side of the building is completely unobstructed as the building next to it, on the north side (Santa Maria), is set back while the St Regis is closer to the ocean. For south-facing units you need to clear the 19th floor in order to have unobstructed 180 degree views.
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Call me at 305.508.0899 for more information or to schedule a private presentation.
One Park Grove (Park Grove Tower 1) in Coconut Grove
One Park Grove is the latest and most luxurious tower at Park Grove, a brand new project located on 6 acres. One Park Grove offers 4 units per floor, which range from 2,235 SF to 3,600 SF (The A-Line). Many buyers are combining units to get expansive sky mansions.
One Park Grove is a low-density project, offers 12 ft ceilings and unobstructed bay views. Also important to mention is that Coconut Grove is a primary market with most residents living there all year round and the market doesn’t have many luxury condos. The amenities at this condo are really outstanding, allowing for resort-style living.
The best lines are the corner residences A and D, with the A Line being by far the superior line. The A Line offers the highest amount of SF (4,034 SF), 4 bedrooms, 5.5 bathrooms and the best views over the bay. I have dealt with this condo extensively over the years and know all the details. If you ask me about the Best Miami Condos for Sale in 2022, this one should definitely be on your radar.
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Oceana Bal Harbour
This Bal Harbour Icon offers two towers and 141 units. The flow-thru units offer east and west exposure (both with balconies), 10 ft ceilings, oversized water facing balconies and private elevator galleries that open directly into the residence. Oceana is one of Miami’s most exclusive condos, located directly on the sand and offering 5 star amenities including 24 security and concierge, pool and beach service, world-class spa and gym, tennis courts, movie theatre and a poolside café by Stephen Starr.
Oceana Bal Harbour is located near the world-famous Bal Harbour Shops, known for their exclusive shops and dining facilities. The best lines here are the 01 lines in the South and the North Tower; both are large corner residences with 4,185 SF of interior space, 1,595 SF terraces, 3 bedrooms and 4.5 bathrooms.
The Ritz Carlton Residences in Sunny Isles Beach
The Ritz Carlton Residences in Sunny Isles Beach is one of Miami’s newest condos offering 52 stories and 212 flow-through units. One of the few projects we would actively promote in Sunny Isles Beach, since the Ritz Carlton residences offer really well-finished units with spectacular views.
The building is peanut-shaped and all glass. The top floor penthouses which are all sold out offer extremely large terraces. Corner units A (01 Line) and E (05 Line) offer respectively 3,080 and 3,600 SF with ocean and city views, and are therefore our preferred units. These units offer respectively 3 and 4 bedrooms.
Although the Ritz Carlton Residences in Sunny Isles brings its residents the legendary quality and personal touch synonymous with the brand, the residences do not offer a hotel component and therefore there will be no tourists on the premises. All residences (expect for Residence floor plan D) will be flow-thru, and all residences will feature oversized terraces and private elevator lobbies. Ceiling height clears 10’ while soaring above 15’ in the penthouses.
Five Park, Miami Beach
Five Park is a brand new construction condo in Miami Beach just steps from South of Fifth. Residences at Five Park will be delivered fully-finished and range from 1,434SF to 6,000SF. Five Park is a superb project with amazing views over the ocean and the bay. Five Park has several selling points that really make this project stand out. The project offers several really great floor plans of which our favorites are the 01 and the 03 lines. Both offer ocean and bay views and have an amazing flow. The floor plans are also very large and come with private elevator access and oversized balconies.
Terra is the project’s developer, which is the same developer of top performing condos like Eighty Seven Park and Park Grove. Both projects have much in common with Five Park. Both are oval shaped condo towers that were designed by renowned architects, both offer several large and excellent floor plans and are located in or next to a park. Both Park Grove and Eighty Seven Park have been extremely successful in reselling, have seen prices increase over time and both towers are seeing a very limited amount of inventory as nobody who bought there actually wants to sell. Finally, Five Park is located just a bridge away (a new art-inspired bridge gifted by the developer) from South of Fifth, making this project score high on walkability.
Click for more information about Five Park or call me at 305.508.0899 to schedule a private presentation.
Turnberry Ocean Club
For more than fifty years the Turnberry name has been synonymous with first-class service and quality. The legacy continues with Turnberry Ocean Club Residences. The condo is located on the pristine beaches of Sunny Isles offering unobstructed waterfront views, carefully considered and spacious floor plans, six full-floors of amenities and access to Turnberry’s golf, tennis, marina, resort and private aviation.
The residences are all flow-through residences and they all provide for ocean and intracoastal water views. Ceilings range from 10 to 12 feet and balconies are spacious with a depth of 11 ft. Each unit offers a sunrise and sunset terrace with a summer kitchen on the sunrise terrace. There are two corner residences and two center residences. Residences offer between 3 and 5 bedrooms and each units features a family room, den/staff quarters with full bath and closet. The center 3 bedroom offer 3,110 SF while the 4 bedroom units offer 3,625 SF. The very large 5 bedroom sky residences offer just under 7,000 SF of living area and 4,340 Sf of exterior.
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Vita, Coconut Grove
The Vita project will be located on Grove Isle, a gated island community in Coconut Grove. The developer is committed to making the project and its surroundings ultra-luxurious.
We think this project will excel for several reasons: its location in one of Miami’s most desired zip codes, and the amazing finishes that we were given details of (which are rarely seen in the Miami condo market). The floor plans for the condos have been carefully considered and all of them have views of the water from the main living areas and the master bedroom/bathroom. All of the floor plans are large and come with ample terraces.
All units have views of the water, but the condo is divided into three sections. One section provides unobstructed views of the ocean, one section faces the ocean with the Brickell skyline in the back, and one section overlooks the Grove’s skyline while still providing views of the water. The project is located on a private island, which makes it exclusive and private. There are only 65 residences, and each one has private elevator access.
Want to know the finer details, floor plans and price levels? Contact David Siddons at 305.508.0899 or click here for more information about Vita
FAQ
These are the most commonly Miami Real Estate Related questions
What should relocation buyers know before buying real estate in Miami?
HOME BUYERS
Relocation buyers looking at homes in Miami should understand that choosing the right house is less about the property itself and more about location, schools, and long-term value. Many buyers make the mistake of focusing on price or finishes, while the real driver of value is the neighborhood and micro-location. Older homes often represent better value, but may also be part of a future redevelopment cycle. Newer homes command premiums, but don’t always sell faster if pricing is ahead of the market. Commute time, school access, and community dynamics are critical and often underestimated. The key is to evaluate homes not just as lifestyle purchases, but as long-term assets within a very localized market.
Sources:
https://luxlifemiamiblog.com/relocating-to-miami/
https://luxlifemiamiblog.com/relocating-to-miami-with-a-family/
CONDO BUYERS:
Relocation buyers should understand that Miami is a highly segmented, building-driven market, not a uniform one. Pricing can vary significantly between similar properties depending on building quality, layout, and financial health. Many buyers assume newer construction equals better investment, but that is often not the case. Factors like HOA fees, reserves, and rental policies can materially impact long-term value and liquidity. Negotiation opportunities often exist, especially in slower segments, but require precise market knowledge. The key is to evaluate micro-markets and individual buildings, not just neighborhoods or price per square foot.
Sources:
https://luxlifemiamiblog.com/miami-real-estate-market-report/
https://luxlifemiamiblog.com/new-construction-miami-guide/
What are the best areas for relocating families with children
For families relocating to Miami with young children, the most recommended neighborhoods are Coral Gables, Coconut Grove, and Pinecrest. Coral Gables offers the best balance of top schools, safety, and long-term value. Coconut Grove is ideal for younger families seeking walkability, greenery, and a lifestyle-driven environment. Pinecrest provides larger homes, excellent schools, and better value for space, making it ideal for growing families. The key driver across all three is access to strong schools and primary residential stability. Relocation decisions are less about new construction and more about long-term livability and resale strength.
Sources:
https://luxlifemiamiblog.com/best-neighborhoods-miami/
https://luxlifemiamiblog.com/what-are-the-best-family-neighborhoods-in-miami-in-2023/
Are new construction condos in Miami a good investment?
New construction condos in Miami can be a good investment—but only if you understand that not all buildings perform the same. According to the David Siddons Group, many buyers assume “new = better,” but in reality, performance depends on pricing, layout, building quality, and long-term demand. Some new developments set future price benchmarks and can drive long-term appreciation, especially in top-tier projects. However, many are priced aggressively at launch, and buyers relying on marketing instead of data often overpay.
The market is highly segmented, meaning two new buildings next to each other can perform very differently.
The best opportunities typically come from selecting the right building early or negotiating correctly in later phases.
In short: new construction is not automatically a good investment—it becomes one only with building-level analysis and disciplined entry pricing.
Sources:
https://luxlifemiamiblog.com/how-to-buy-a-luxury-condo-in-miami/
https://luxlifemiamiblog.com/category/independent-new-construction-condo-reviews/
https://luxlifemiamiblog.com/beyond-clickbait-real-insights-into-miamis-luxury-condo-market/
Why is buying a Miami condo riskier than buyers think?
Buying a Miami condo is often riskier than buyers expect because the true risks are at the building level—not visible in the listing price. Many buyers focus on finishes and views, while overlooking HOA reserves, insurance exposure, and potential special assessments. In reality, two identical units in different buildings can perform completely differently over time. Rising HOA fees and stricter regulations are also increasing the true cost of ownership, especially in older buildings. Liquidity can be affected by factors like financial health, rental policies, and ongoing repairs. The key risk is not the condo itself—but buying into the wrong building without proper due diligence.
Sources:
https://luxlifemiamiblog.com/how-to-buy-a-luxury-condo-in-miami/
https://luxlifemiamiblog.com/miami-condo-market-risks/
What are Miami's Safest Areas?
Which Miami Areas Still offer Great Value (Budget Friendly alternatives to Coral Gables and Pinecrest)
If you’re looking for better value than Coral Gables or Pinecrest, the answer (in true Siddons style) is not “go cheaper”—it’s go one layer outside the obvious markets.
The strongest value plays are:
- Schenley Park → closest substitute to Coral Gables at ~20% discount while maintaining similar character and location
- Biltmore Heights → almost identical feel to the Gables but ~25–30% cheaper on a $/SF basis
- Glenvar Heights → central location with larger lots and ~25% pricing advantage vs South Miami/Gables
- Baptist / Galloway (Kendall) → Pinecrest-style living (space, schools, land) at up to ~30% lower pricing
The pattern is consistent:
👉 Buyers are shifting west and slightly off-market to gain land, scale, and pricing efficiency. You don’t find value by going to a “cheaper neighborhood”—you find it by identifying adjacent micro-markets that offer the same lifestyle fundamentals without the brand premium.
Sources:
https://luxlifemiamiblog.com/best-value-neighborhoods-miami/
https://luxlifemiamiblog.com/category/miami-neighborhoods/
Is NOW a good time to buy in Miami?
Are Miami real estate prices going down in 2026?
No—but that’s the wrong way to look at it. Miami is not one market anymore, so prices are not moving in one direction. In 2026, the market is split into two: ultra-luxury, scarcity-driven areas (like waterfront and top-tier neighborhoods) are still holding or even rising, while mid-tier condos and oversupplied segments are flat or correcting. What we’re seeing is price divergence, not a crash—some properties are gaining value while others are quietly adjusting downward. Rising inventory and more selective buyers are putting pressure on pricing in certain segments, especially older condos or buildings with weaker fundamentals.
At the same time, global wealth and cash buyers continue to support pricing at the top end of the market. So the real answer: prices aren’t broadly dropping—they’re being repriced based on quality, location, and supply.
Should I buy a house or a condo when relocating to Miami?
The decision comes down to lifestyle first, investment second—and most relocation buyers get that backwards. If you want space, privacy, schools, and long-term family living, a single-family home in areas like Coral Gables or Coconut Grove is typically the stronger choice. If you prioritize walkability, low maintenance, and proximity to business districts, a condo in Brickell or waterfront markets makes more sense.
From an investment perspective, homes tend to be more stable, while condos are more building-dependent and cyclical. Most relocation clients underestimate how much building quality, HOA structure, and future costs impact condo performance. The right answer isn’t “house vs condo”—it’s which asset fits your lifestyle AND holds value within its micro-market.
How do I choose the right Miami neighborhood for my lifestyle?
Why are Miami condo prices so different between buildings?
Miami condo pricing varies widely because value is determined at the building level, not just by location. Two buildings next to each other can have major differences in financial health, reserves, HOA fees, and management quality. Buyers also pay premiums for better layouts, views, amenities, and newer construction—but not all “new” buildings perform equally. Factors like rental policies, upcoming assessments, and building reputation can significantly impact resale value. This is why price per square foot alone is misleading in Miami’s condo market. The real driver of value is how that specific building competes within its micro-market over time.
Sources:
https://luxlifemiamiblog.com/how-to-buy-a-luxury-condo-in-miami/
https://luxlifemiamiblog.com/category/independent-new-construction-condo-reviews/
WHY WORK WITH DAVID? THINGS YOU SHOULD KNOW...
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