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Looking for a Miami Penthouse? Check out these New Construction Penthouses!
If you are reading this article you are probably looking for the best Miami Penthouse. We know that many of you prefer brand new condos and therefore this blog specifically focuses on new construction penthouses. This blog will show you penthouse units within new developments in Miami. We tried to be as concise as possible, so for any additional information please refer to the links on the right.
Many of these brand new Miami condos release their units on a month to month basis, therefore the indicated inventory might change. Please give us a call at 305.508.0899 to receive the latest availability and prices.
We are very familiar with all of these condos and have a good contact with the sales centers. What does that mean for you? That means you will be the first to receive information, but most importantly you will still deal with an independent realtor. If you would like to learn more about these new condos in Miami, please read our blog on the best new construction condos in Miami.
Miami Penthouse #1: The New Construction Penthouses at the Waldorf Astoria in Downtown Miami
Imagine living on top of Miami. This brand new construction condo offers no less than 100 floors. The Waldorf Astoria exists of 9 cubes that are stacked on top of each other. A true architectural gem. The penthouses are located in cube 9, which starts from the 90th floor.
Renderings and Floor Plans of the Penthouses at the Waldorf Astoria Residences in Miami
Available Penthouses at the Waldorf Astoria
Buyers at the Waldorf Astoria can choose between a half-floor unit or a full floor unit. In the table below we show two available half floor units. Buyers could combine these two units to create a full-floor residence.
One of the most unique and desirable feature is the fact that penthouses can be fully customized. Buyers can sit with the project’s architects and design team to draw their own dream residence. Additionally, the full floor penthouses offer space for a plunge pool at the west side of the residence. These penthouses come with soaring 13 ft ceilings and offer an upgraded selection of finishes.
Miami Penthouse #2: The New Construction Penthouses at the St Regis Brickell
The St Regis residences are the first true luxury residences in Brickell. This project is one of our preferred new condos for sale in Miami. The floor plans at the St Regis are extremely well considered with a great flow. The developers maximized the use of space and ensured optimized bay views from almost every angle.
Besides this, residents will enjoy the signature white glove services that the St Regis brand has to offer such as butler services, in-room dining, housekeeping services and the St. Regis global membership privileges. In conclusion, a superb project! Click on the link to read our independent review of the St Regis Residences in Brickell.
Available Penthouses at the St Regis in Brickell
The penthouses at the St Regis in Brickell are all reserved. However, we found the perfect alternative. The project offers some incredible two-story sky villas. These homes in the sky are certainly not inferior to any of the penthouses. They offer amazing views, plenty of space, and an outstanding level of finishes. The sky villas at the St Regis in Brickell are just over 8,000 SF with very expensive terraces.
Miami Penthouse #3 | The New Construction Penthouses at Vita Grove Isle
Vita Grove Isle is one of our preferred new Miami condos for sale. This project offers only 65 residences and is located on an island. As a result the project can guarantee privacy, exclusivity and of course mesmerizing views. Vita is a low-rise condo with only 7 floors, therefore residences almost feel like single family homes overlooking the water. Vita’s large units also come with deep balconies. True luxury projects target end0-users and are therefore very successful. According to the sales team of Vita, most of its buyers are planning to use the unit as a primary residence. For an independent review of Vita, please click here.
The floor plans offer a great flow and finishes are truly outstanding. An example of unique finishes are the lift-and-slide doors, which allow a seamless transition between the indoor and the outdoors without the usual lip. Another example are the dropped ceilings throughout the entire unit meaning that you can put lighting or air conditioning diffusers wherever you want.
For the penthouses the whole floor was raised 5 ft to have a pool that is deep enough and completely sinks in the terrace (40% of total SF). No glorified bathtubs or Jacuzzi-sized pools at Vita.
Renderings and Floor Plans of the Penthouses at VITA Coconut Grove
Available Penthouses at Vita Grove Isle in Coconut Grove
Vita penthouses deliver the level of detail one can expect from this project. The penthouses for sale offer two stories and an expansive 13’-deep waterfront terrace.
In addition, each penthouse offers a private rooftop terrace with swimming pool and summer kitchen. Penthouse units feature 12’5” floor-to-ceiling height with 11’ clear-finished drop ceilings throughout residences.
Miami Penthouse #4 | The New Construction Penthouses at The St Regis Sunny Isles Beach
The St Regis was the latest brand new construction condo in Miami to be announced. This new Miami condo project will be situated along 435 linear feet of oceanfront in Sunny Isles Beach. Although the condo will be managed by the St Regis Hotel Company, it will be a completely private residential building. This means there will be no hotel on the premises and no transient use. This project is designed by Patricia Anastassiadis, known for her sophisticated and timeless design.
Available Penthouses at The St Regis Sunny Isles Beach
Penthouses at the St Regis in Sunny Isles Beach will be full-floor residences with spacious floor plans. The penthouse units will feature east and west terraces with a pool on the east while the upper penthouse will have a rooftop pool. The terraces will be spacious and will also feature a Jacuzzi and summer kitchen.
As of August 2022 this project does not yet have renderings or individual floor plans. The architectural floor plans attached in the picture gallery above can be used as a reference. Please follow our site or fill out the form at the top of this page to be updated about the St Regis penthouses.
Miami Penthouse #5 | The New Construction Penthouses at Five Park in Miami Beach
Five Park is the newest pre-construction condo in the South Beach area, just steps from South of Fifth. This new Miami building is built in a way that maximizes the superb ocean and bay views that South Beach has to offer.
On a personal note, I must say I really admire the team that is behind this project. The Terra Group developed some of Miami’s most luxurious and well performing condos: Eighty Seven Park and Park Grove. As can be expected finishes and floor plans at this project are top notch. Please refer to the related articles on the right hand site to learn more about Five Park.
Renderings and floor plan of Five Park Miami Beach
Available Penthouses at Five Park Miami Beach
The penthouses at Five Park are available, but they are not actively marketed. The upper penthouse is currently being negotiated, while the two lower penthouses are available. Penthouse units measure around 6,000 SF with very spacious terraces. The wrap-around terrace is very deep at some points and offers lots of privacy.
As mentioned before I have worked closely with the team behind this project in the past and they are the best in business. Contact us for more information at 305.508.0899
Miami Penthouse #6 | The New Construction Penthouses at the Perigon in Miami Beach
The Perigon Miami Beach will be one of Miami’s most luxurious new construction condos on the sand. This project offers a unique architecture, very well considered floor plans and comes with the best finishes. The project has not done much of marketing as of yet, but has already sold many units.
We know the developer and sales team very well so please give us a call for more information. On the right hand side in the section with related articles, you find an article we wrote about this project that will be extremely useful to read.
Renderings of The Perigon Miami Beach
Available Penthouses at the The Perigon Miami Beach
This project has not yet released their penthouses. Please contact us at 305.508.0899 for more information. Our clients and followers will be the first ones to receive information about the newly released Perigon penthouses.
Miami Penthouse #7 | The New Construction Penthouses at Baccarat in Brickell
Baccarat is a brand new construction condo in the heart of Brickell where the river meets the bay. The condo will offer 6 units per floor and most of these units are flow-through. This very fast selling condo is extremely desired with buyers. Firstly because of its excellent urban location, which ensures walkability and proximity to many restaurants, bars and shops. Secondly the project offers mesmerizing city and bay views, while at night you can enjoy the city lights. Finally the Baccarat brand comes with a lot of prestige.
Renderings and Floor Plans of Baccarat
Available Penthouses at Baccarat
The Baccarat Penthouses are located on the 70th floor and up. There are 8 penthouses in total of which 2 are upper penthouses. The smallest penthouse measures 3,500 SF while Upper Penthouse 01 measures almost 10,000 SF with a 2,700 SF rooftop terrace. Both upper penthouses come with a private pool and summer kitchen.
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...
For all our analytics we are agents driving some very unique and advanced tech. We Provide a granular and custom experience that empower our clients with the insight and tools to understand the most complex behaviors of any local markets.
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Over 100 reports produced to date
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Over 1800 published articles and counting
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