Miami Beach New Construction Condos: The Ultra-Luxury Buyer’s Guide (2026)

Miami Beach occupies a tier of its own in the global luxury real estate market. It is one of the few places in the world where oceanfront architecture of genuine distinction, a tax-advantaged legal environment, and a truly international lifestyle converge in a single address. For the discerning buyer, new construction condos in Miami Beach today represent something rare: the opportunity to acquire a bespoke residence in a market where supply of truly exceptional product is structurally limited and demand from the world’s wealthiest buyers continues to grow.

This guide is written for buyers entering the Miami Beach new construction market at the luxury and ultra-luxury level, where residences start at $1.5 million and the most coveted addresses command significantly more. It is also an introduction to why the David Siddons Group is the advisor of choice for buyers who demand the very best intelligence before committing to one of the most significant purchases of their lives.

The Miami Beach Ultra-Luxury New Construction Market in 2026

The Miami Beach luxury new construction market has matured considerably. The era of spec-driven, high-volume towers is largely behind us. What the market is producing now is a far more curated category: architecturally significant, low-density developments designed for buyers who have already seen everything and will accept nothing less than exceptional.

Pricing in the ultra-luxury tier reflects that reality. Prime oceanfront new construction in Miami Beach regularly trades between $2,500 and $4,000 per square foot, with the most exclusive residences in trophy developments priced from $6 million to well above $20 million. These are not simply apartments with ocean views. They are private estates within vertical communities, designed by the world’s most celebrated architects and finished to standards that rival the finest custom homes in the world.

The buyers competing for these residences are global. Family offices from Brazil, Argentina, and Colombia. Wealth managers and finance executives relocating from New York and Connecticut. European and Middle Eastern buyers drawn to the combination of political stability, lifestyle, and asset value. In this context, Miami Beach is not a luxury market. It is one of approximately five genuine ultra-luxury residential markets in the Western Hemisphere.

Ocean Terrace: The Defining New Construction Address in Miami Beach

Among all active new construction projects in Miami Beach, one stands apart as the clearest expression of where the market is heading: Ocean Terrace.

Developed by Witkoff and designed by the legendary Robert A.M. Stern Architects alongside Revuelta Architecture, Ocean Terrace is set on an entire oceanfront block in North Beach, commanding 350 feet of direct Atlantic frontage within five acres of lush parkland. Landscapes have been entrusted to two of the world’s foremost masters of landscape architecture, Enzo Enea and Raymond Jungles. The result is an address that does not simply face the ocean. It is woven into it.

The project comprises 52 boutique condominium residences within a 20-story tower rising 235 feet, alongside 24 fully private resort homes and a 42-key luxury hotel. Every primary suite and great room is oriented east, directly toward the Atlantic, with floor-to-ceiling high-performance glass, signature organic-form terraces, and ceiling heights reaching 10 feet 6 inches. Residences feature Parquet de Versailles white oak flooring, private or semi-private elevator access, and interiors conceived entirely by Robert A.M. Stern — the same architect whose residential portfolio defines the gold standard of classical modern luxury worldwide.

Prices at Ocean Terrace begin at $6.9 million, and the project has already surpassed $200 million in presales ahead of its expected 2029 completion. For buyers seeking a legacy-quality oceanfront address in Miami Beach, there is currently no comparable offering.

The Shore Club Private Collection: South Beach Reimagined at the Highest Level

If Ocean Terrace defines the new standard for North Beach, The Shore Club Private Collection is the defining address for South Beach. This is a project David Siddons has described as Miami’s most luxurious and exclusive condo of the moment, crafted by the best in the business, and it is difficult to argue otherwise.

Designed once again by Robert A.M. Stern Architects, The Shore Club Private Collection is a rare trilogy of residential experiences within a single South Beach address at 1901 Collins Avenue: The Tower, the historic Cromwell House, and the incomparable Beach House. The Tower rises 20 stories with sweeping curved balconies, floor-to-ceiling glazing, and residences ranging from two-bedroom homes of approximately 1,900 square feet to six-bedroom estates exceeding 10,000 square feet, all with 10-foot ceilings. The Cromwell House, a landmarked nine-story building, offers four extraordinary residences including double-height great rooms and a full-floor penthouse with a private rooftop and plunge pool. The Beach House is in a category of its own: a private four-bedroom oceanfront residence of approximately 6,000 square feet with over 2,180 square feet of outdoor terraces, a private elevator, an attached garage, and a rooftop with outdoor kitchen and plunge pool.

The collection encompasses just 49 residences in total, with prices beginning at $6 million and an average of $5,500 per square foot. A penthouse at The Shore Club set the Miami Beach record with a $120 million sale, a number that speaks to the caliber of buyer this project attracts. Hotel services are provided by Auberge Resorts Collection, bringing a white-glove hospitality standard that extends seamlessly into residential life.

Because of its exclusivity, The Shore Club Private Collection is not marketed publicly. Access to floor plans, availability, and pricing is available exclusively through direct consultation with the David Siddons Group.

The Ritz-Carlton Residences South Beach: Boutique Prestige at the Heart of It All

For buyers who want the full energy of South Beach delivered through a lens of five-star refinement, The Ritz-Carlton Residences South Beach at 1669 Collins Avenue is among the most coveted addresses in the current new construction market. With just 30 residences across 17 stories, this is as boutique as ultra-luxury gets in Miami Beach, and the scarcity of that inventory is precisely what makes it so compelling.

Architecture is by Kobi Karp, one of Miami’s most respected design firms, with interiors conceived by Alessandro Munge of Studio Munge — a designer whose residential portfolios set the benchmark for sophisticated, livable luxury. Residences range from one to five bedrooms and are crowned by two extraordinary duplex penthouses, each with a private rooftop terrace and an individual outdoor pool and kitchen. Most residences feature private elevator access with direct entry, sweeping wrap-around terraces with architectural glass railings, and 10-foot ceilings framed by floor-to-ceiling windows that frame unobstructed views of the Atlantic. The material palette is exceptional: Calacatta Extra marble in the kitchens, Paonazzo Extra marble in the primary bathrooms, Blue Moon quartzite in secondary bathrooms, and Quarzo Rosa quartzite in the powder rooms. Custom French white oak flooring and a Lutron lighting control system complete residences that are finished at a level rarely seen in new construction anywhere in South Florida.

The hospitality component is anchored by The Ritz-Carlton, South Beach, connected to the newly renovated Sagamore, an all-suite addition offering residents seamless access to the full hotel experience. The food and beverage program is led by Nobel Peace Prize nominee and Michelin-starred chef José Andrés, whose Mediterranean restaurant, beachfront dining, and signature bar are available to residents as an extension of their home. Over 50,000 square feet of bespoke amenities span a private rooftop pool and terrace, beachside cabanas, a world-class spa with 14 treatment rooms, and a state-of-the-art fitness center. Branded residences globally have consistently outperformed non-branded counterparts in both demand and long-term resale value, and in a market as competitive as South Beach, the Ritz-Carlton name carries genuine financial weight. Adjacent to Lincoln Road and steps from the finest dining, culture, and shopping in Miami Beach, the location is as central as it gets. Prices begin at $4 million, with an average of $4,000 per square foot, and delivery is anticipated in 2027. With only 30 homes and inventory already moving, this is not a project where waiting serves the buyer.

The Perigon Miami Beach: Architectural Mastery in Mid-Beach

For buyers who want to step entirely away from the density of South Beach without sacrificing a single degree of quality or prestige, The Perigon at 5333 Collins Avenue occupies a category of its own. Set on a quieter, more residential stretch of Mid-Beach with 200 feet of private, untouched shoreline and simultaneous views of the Atlantic Ocean and Biscayne Bay, this is the project the David Siddons Group has scored at 97 out of 100, the highest rating awarded to any active new construction development in their independent analysis of the South Florida market.

The developer pedigree is beyond reproach. Mast Capital and Starwood Capital, two of the most institutionally credible real estate operators in the United States, brought in Pritzker Prize-winning architect Rem Koolhaas of OMA to design the building alongside interior designer Tara Bernard. Koolhaas is one of the most consequential architects of the past half-century, and The Perigon represents his vision for what oceanfront residential architecture should be: sculptural, environmentally responsive, and unapologetically original. The building is elevated 13 feet above sea level and engineered to the highest hurricane-resistance standards available, a detail that matters enormously in the long-term value calculus of any Miami Beach property.

The 73 residences range from 2,100 to 6,700 square feet across two to five bedrooms, each with seamless open layouts and sprawling terraces that maximize the building’s extraordinary dual-water exposure. The amenity program reflects the same level of deliberate curation: a signature oceanfront restaurant exclusive to residents with in-residence dining service, a beachside pool and outdoor spa, a conservatory with a daily breakfast bar, a cocktail lounge and speakeasy, a bespoke wine room, a private spa with treatment rooms and sauna, a state-of-the-art fitness center with direct Atlantic views, and a screening room. Each residence has access to a dedicated residential butler, a lifestyle concierge, a 24-hour valet, and a house car. This is not a list of amenities assembled for a brochure. It is a fully operational private members’ infrastructure designed for buyers who live at this level every day.

Pricing averages $3,250 per square foot, with residences from $4 million. Delivery is anticipated in Q1 2027. The David Siddons Group’s endorsement of the 01 line as the premier choice within the building, and the 06 line as the strongest value play, reflects the depth of independent analysis applied to every project they represent. For buyers seeking a consultation on The Perigon, direct access to floor plans, availability, and current pricing is available through the David Siddons Group.

What It Takes to Buy Right at This Level

At the ultra-luxury tier, the stakes of a misjudged purchase are not measured in tens of thousands of dollars. They are measured in millions. Choosing the wrong project, the wrong unit line, or the wrong timing within a sales cycle can mean paying a significant premium over true market value, selecting a residence with compromised resale liquidity, or entering a development that lacks the institutional backing to deliver on its promises.

Conversely, buyers who move on the right project at the right moment, with the right representation, routinely find themselves holding one of the most appreciated assets in their entire portfolio within three to five years of delivery. The Miami Beach ultra-luxury market has consistently rewarded informed, early buyers and punished those who waited too long or relied on developer-sourced information alone.

The David Siddons Group: Independent Intelligence at the Highest Level

The David Siddons Group is ranked among Miami’s top 20 agents and sits in the top 0.1% of agents nationwide. The team has personally transacted nearly one billion dollars in Miami new development, with deep experience across Miami Beach, Brickell, Coconut Grove, Bal Harbour, and Sunny Isles Beach.

What separates the David Siddons Group from every other advisor in the market is the quality and independence of their analysis. Using their proprietary Condo Geeks analytics platform, the team benchmarks every active ultra-luxury project in Miami Beach against historical pricing, competitive supply, developer financial standing, and long-term neighborhood trajectory. They have conducted independent reviews of more than 40 active South Florida developments. Not summaries of developer brochures. Independent research.

As a super broker at Douglas Elliman with direct relationships at the developer and operations director level, the team secures access to pricing, floor plan availability, and off-market opportunities long before they reach the public. The best residences in any ultra-luxury development are almost always allocated within the first ten contracts signed. The David Siddons Group positions its clients to be among those first ten.

Schedule Your Private Consultation

The David Siddons Group works with a select group of buyers on an appointment basis. Whether you are beginning your search or are ready to move forward on a specific project, a private consultation with David gives you access to the most comprehensive independent view of the Miami Beach ultra-luxury new construction market available anywhere.

Call 305.508.0899 or schedule your consultation online today. In-person meetings at the Coral Gables office, or via Zoom, are available at your convenience.