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The Perigon Miami Beach
An Independent Review of the Prices, Floor Plans, and Location
If you’re thinking about buying a residence at Perigon in Miami Beach, you’ll benefit from going beyond the basic project details. This article was written to independently assess the Perigon Miami Beach. Instead of just reiterating the developer’s fact sheet, our aim is to offer you an honest, impartial assessment of the project. I visited the sales office and met with key members of the development team. I examined prices, floor plans, and their projected schedules closely. In addition, I delved into their financial situation and carefully examined their finishes. Here’s what I found:
Finally, I compare these residences not only with other new condos in Miami Beach and existing ones but also with new condos throughout Miami. Whether you’re reading this article in-depth or just looking for key information, we hope you find it informative and don’t forget to check out my conclusions at the end!
Article Overview:
- Direct Access to Floor Plans, Renderings, Prices and Drone Shots
- Privacy and Security
- Architecture and Views
- Uniqueness
- Economics
- Who this condo is NOT for and what possible alternatives.
- Our Top 10 Condos of 2023-2028
- Conclusions and advice
- Why work with us?
Accessing key information
By downloading the below information package you will have access to prices (01 Line and penthouse require a phone call), floor plans, brochure, drone tours, and our unique condo ranking system.
1. High Privacy and Security
The Perigon Miami Beach will come with a gatehouse. It will be hard for anyone uninvited to enter the lobby. In many luxury condos, you enter without being questioned. Perigon will feature security in the lobby and at the back entrance (from the beach). The beach will also have a security officer due to the social profile of the residents. Additionally, Perigon counts 73 residences which makes it a boutique condo. An excellent condo for those who value security and privacy.
2. The Location of Perigon Miami Beach
In recent years luxury buyers were less keen on South Beach, due to the high amount of tourists. Buyers of Miami Beach luxury condos prefer to be in more tranquil locations and move to the residential areas of the beach, Surfside, or Bal Harbour. Most buyers want to be close to the dining, shopping, and entertainment options, but they want to come home to calmness. The Perigon sits in a residential, tranquil area at 5333 Collins Ave. The downside is that it is not as walkable as other parts of Miami Beach.
3. The Architecture and Views
The Perigon is a project by Rem Koolhaas. Rem Koolhaas is a distinguished architect and the mastermind behind successful projects like Park Grove. We will not just blindly promote a project because of its name. A project needs to be able to hold its own. Perigon’s design, besides being incredibly cool, is also very functional and well-considered.
The architecture consists of a series of ‘towers’. These towers are rotated to provide views of the Atlantic Ocean from all the residences. At the same time, they are designed to have good views of Biscayne Bay and the Miami skyline. While many buyers focus only on ocean views for the Perigon we would also like to mention the west views. West-facing units in this condo are beautiful and look towards the canal-front mansions at Pinetree Drive, the Intracoastal, and the La Gorce Golf Course. Residents will enjoy vivid and breathtaking views 24 hours per day.
In addition, the triangular design ensures an abundance of light. The floor plans are very functional and offer a good flow. Since the units are large, they often feel like homes in the sky. Moreover, the units come with wrap-around terraces and several private terraces. This design truly adds to the value of the unit. Perigon Miami Beach will receive LEED Gold certification upon completion.
The interiors are by Tara Bernerd, known for hotel and private yacht projects. Landscaping is by Gustafson, Porter & Bowman, who also did the green space at the Eiffel Tower and the Princess Diana Memorial Fountain in London.
4. Uniqueness
The Perigon is a highly sought-after luxury condo project on Miami Beach. It is the only new condo on Miami Beach located on the sand, offering large residences with 3 and 4 bedrooms. The only other new construction option in Miami Beach is Five Park, but that one is not on the sand. Miami Beach does not offer many ultra-luxury resale condos on the sand besides Eighty Seven Park or 57 Ocean. For this reason, many wealthy buyers flocked to Surfside, Bal Harbour, or go to the very south of Miami Beach: South of Fifth.
Buyers set on Miami Beach who prefer a new condo that is truly luxurious will find themselves pulled towards the Perigon. The Perigon is one of the only new condos on Miami Beach in recent years makes it unique. Furthermore, the Perigon offers large residences with 3 and 4 bedrooms, what buyers are looking for: lots of space in a private setting. Additionally, the Perigon provides superb views of the Ocean, the Intracoastal, and Indian Creek, a rare possibility.
5 The Economics
My last point is purely data-driven and gives you insights into the economics of this condo. This information is from our Condo Geeks analytical tool. The blended average at Perigon is approx. $3,000 per SF. The actual price depends on the type of floor plan and elevation.It’s essential to consider that the cost per square foot is determined based on the interior square footage. The Perigon provides generously sized terraces, with many units offering 25% or more of their total square footage as terrace space. This extra space is not factored into the cost per square foot, but it is indeed usable and livable space.
How does Perigon Miami Beach compare to other condos?
Screen1 Compares the Perigon in Miami Beach to other new construction condos around Miami. Here we can see that it is one of the priciest new condos in all of Miami, although it is in line with all the other new BEACHFRONT condos like Rivage, Six, or new developments such as St Regis Sunny Isles or Bentley.
In Screen 2 we see how the Perigon compares to existing condos in beachfront areas such as Sunny Isles, Surfside, Bal Harbour, and Miami Beach. We see that a high amount of condos in these areas sell for $2,500 per SF or more. The W in South Beach, The Surf Club Residences, Arte Continuum, Apogee, and 87 Park are examples.
You can reach me at (305)508-0899. We can discuss the analysis relevant to your unit and the asking price.
Picture 1: The average sales prices of the top luxury condos in recent years
Picture 2: The historic neighborhood performance of Miami Beach
6. What do we NOT Like about Perigon Miami Beach
No single condo will work for everyone, and we will give you aspects that might not be ideal for a buyer.
- Perigon is one of the most expensive new projects in Miami. It might be worth it, but it is essential to mention. If you would like a 3-bedroom residence for less than $6M, this will not be for you.
- The area is very residential and less walkable or close to restaurants and shops.
- The area has many older condos.
If you like to be on the beach, you might also like these condos:
- The Surf Club Four Seasons enjoys a high level of service and amenities.
- EightySeven Park is a finished boutique condo with a very high level of service.
- 57 Ocean is in the area of Perigon Miami Beach but is a larger building and accessible with a lower budget.
- Fendi is a boutique-style condo that is ready to move in.
7. Our Top 10 Miami New Construction Condos
| Ranking | Condo | Average Price per SF | Start Prices | Amount of Units | Year Finished | Independent Reviews | Video included in review |
| # 10 | CIPRIANI | $1,575 | $1,600,000 | 397 | 2027 | Click here |
 |
| # 9 | THE RESIDENCES AT 1428 BRICKELL | $1,680 | $2,500,000 | 189 | 2026 | Click here |
|
| # 8 | St Regis Brickell | $2,200 | $4M | 149 | 2027 | Click here |
|
| # 7 | RIVAGE | $3,580 | $7,000,000 | 60 | 2026 | Click here | |
| # 6 | Six Fisher Island | $4,000 | $15M | 50 | 2027 | Click here |
|
| # 5 | VITA | $2,235 | $5,800,000 | 65 | 2024 | Click here |
|
| # 4 | THE SHORE CLUB | $5,500 | $6,000,000 | 49 | 2026 | Click here | |
| # 3 | The Four Seasons Private Residences Coconut Grove | $3,500, $4,000 | $5.9M | 70 | 2027 | ||
| # 2 | THE PERIGON | $3,250 | $4,000,000 | 73 | 2026 | Click here |
|
| #1 | The Residences at Mandarin Oriental | $2.600 | $5,000,000 | 220 | 2028 | Click here |
|
8. Conclusions and Advice
The Perigon truly offers the experience of a single-family home in the sky. The residences are tailored for individuals seeking secure and private beachfront living. It’s the perfect choice for those who prefer not to be right in the midst of the hustle and bustle but still desire proximity to it. These residences provide spacious, well-designed living spaces with plenty of natural light. While the condominium is boutique in style, it doesn’t compromise on amenities.
Having studied the Miami condominium market for more than 15 years, a consistent trend among successful condos has emerged: they are oriented towards end-users. The spacious homes at Perigon Miami Beach are likewise tailored to cater to the needs of these end-users. As a result, we hold a high degree of confidence in this condominium’s potential for outstanding performance.
9. Why Work with us?
We enjoy full super-broker status with most of the developments. This means we get first access to information and inventory. As super brokers, we enjoy all the benefits of having this status but by using us you still get independent advice. We are not limited to just one project and are therefore providing you with what the entire market has to offer. We provide you with the pros and cons of the location and the floor plans and we will compare prices with other new and resale condos. There are subtle nuances when it comes to buying pre-construction and therefore it is essential you work with an independent agent who has 17+ years of experience in selling pre-construction. We know the reputation of developers, we know what to look out for and we know what questions to ask.
I have sold hundreds of new construction condos and resale condos over my career. I have provided independent advice about the new condo market for over a decade and I have observed consistent patterns and trends over that time. My experience will not only guide you towards the best unit but also protect you from terrible mistakes. I challenge you to quiz me on any building in any market. I will honestly give you the good, the bad, and the ugly no matter what the cost.
Want to know more?
You can schedule a meeting with me via the Calendly link below. You can also send me an email ([email protected]) or call me on my cell (305) 508-0899. If you want to know more about me, read my bio.
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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Analytical
Over 100 reports produced to date
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Knowledgeable
Over 1800 published articles and counting
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