Miami Luxury Condo for Sale price points
Miami Luxury Condos for sale are found in Miami at over $5m, across both Miami proper and the Miami Beach neighborhoods. Site filters allow for the best luxury condos. It is also helpful to search for condos in our top luxury pics section. Providing a simple filter menu on the right side of the results allows users to focus on the luxury condos within each neighborhood.
Ranking Luxury Condos in Miami
If you want to get into how we define luxury and how they are ranked, the best article to read is our ‘Best Luxury Miami Condos’. The article discusses ‘What are the best Condos?’ and will help you focus your search more accurately.
Luxury Condo Agents
David Siddons is a luxury Condo agent. I have been focusing on selling luxury Condos in Miami for over 15 years. Our territory managers focus on the most desirable Condo markets: Brickell, South of Fifth, Coconut Grove, Bal Harbour, and Surfside. Additionally, we have been writing close-quarter reports on these neighborhoods for just as long. In addition to our reports, we have software that analyzes the luxury Condo history. You can find this through Condo Geeks software.
Touring Luxury Condos for Sale
Prefer to watch videos where we review both new and existing luxury Condos for sale? Videos are throughout the site and on our YouTube channel. I often tour luxury condos and report on what makes them luxurious. Within the group, we interviewed many developers and discussed the identification of luxury. We have interviewed top designers and General contractors who can make the unit you buy more luxurious and elevate it to an exceptional level.
In reality, even within certain buildings, there are luxury units and not-so-luxury units. Penthouse is often a search term looked for when considering luxury and it does not get much more luxurious than the penthouse option.
Re-defining Luxury
So many Condos in Miami for sale are promoted as luxury. Many of these are sadly not true luxury Condos. Every time a new condo is announced they are almost always promoted as a luxury project, which makes things very confusing! With this in mind, please call us, and we will explain our interpretation of luxury. Learn about the best lines and best options.
On our general neighborhood condo search pages, we have focused on luxury condos for sale and omitted very old condos. This is because we are luxury agents and fundamentally choose to focus on a luxury product. All the buildings we detail will have some element of luxury Condos over the $5m mark. So, please enjoy browsing the best Miami luxury condos for sale and call or email us to set up viewings.
The current availability of Miami luxury Condos for sale
In 2023 the luxury Miami condo market has seen a significant drop in inventory. This lack of inventory has come about in part due to migration but also because of the drying up of the supply of single-family homes. To understand this more, please read our 2023 luxury Condo report. In addition, it is very important to understand the new condo market and consider options there.
What are the best luxury condos in Miami?
So what are the best condos in Miami? Every year we write an article on the best condos in Miami. For 2023 we wrote this article – click here. The common denominator for the best luxury condos is that there they all offer a level of resort service and amenities. Either these Condos are under the banner of a hospitality brand like the Four Seasons or Ritz Carlton or they offer a level of service that is equivalent to what you will experience in a hotel resort experience. These condos are not however hotels. They are all purely residential.
New Luxury Projects for Sale
Miami consistently has new condo projects in the pipeline. These new construction projects are spread across almost every neighborhood. Given the lack of optionality, many buyers consider buying a unit in these new projects to get something ‘better’. We have been educating the market on new construction condos for many years and our independent reports are unbiased and detailed. We provide more information and opinions than you will ever find on the developer websites.
Are you looking for Miami condos under construction? All of the Miami condos under development are described on this page – click here. This is a list of all the projects that will be finished between 2023 and 2026. Make use of the menu or map to browse by neighborhood. To explore comprehensive information, descriptions, amenities, floor plans, and even unbiased reviews with comparisons for a particular condo, simply click on it. Click here to receive a price list and availability for any specific condo unit. Let us help you with your search if you simply aren’t sure what you are looking for at this point. The top 10 condos currently under construction in Miami as of September 2023 are as follows: first Perigon Shore Club, Vita Four, 1428 Brickell, Cipriani, St. Regis Brickell, Bentley Sunny Isles, Rivage Bal Harbour, Villa Miami, and the Shell Bay Residences
Analyzing Luxury Condos
Finally, with the Condo Geeks software we track the performance of all the condos across Miami. With data going back 15 years we are able to see their individual performance. Furthermore, we understand which condos have performed well and which ones have not. We consider the sales volume, price per sqft, and much more.