What are the Most Expensive Condos in Miami?

What are the Most Expensive Condos in Miami? Discover an overview of Miami's most exclusive condos along with their appreciation rates.

We’ve compiled a detailed list of the 20 most expensive condos per square foot, alongside the appreciation rates over the last five years. This comprehensive ranking allows you to see which luxury properties have consistently held or increased their value, offering valuable insights into Miami’s competitive condo market. In addition to price and appreciation data, we’ve also included our exclusive top 10 list of the best resale condos, showcasing properties that represent the best deals for buyers and investors. For each listing, you’ll find direct links to available properties for sale, but if you’d prefer more personalized guidance, feel free to reach out to us for more information.

The top 20 of Miami’s Most Expensive Condos

# Condo Neighborhood Price per SF 2024 Price per SF 2019 Appreciation
#1 Palazzo del Sol Fisher Island $5,300 $2,100 152%
#2 The Surf Club Four Seasons Private Residences Surfside $4,200 $2,000 110%
#3 Apogee Miami Beach $3,450 $2,530 36%
#4 Continuum on South Beach Miami Beach $3,365 $1,772 90%
#5 The Edition Residences Miami Beach $3,450 $1,500 130%
6 Fendi Chateau Surfside $3,430 $1,500 129%
#7 Faena House Miami Beach $3,000 $2,245 34%
#8 1 Hotel & Homes Miami Beach $2,800 $1,650 70%
#9 Oceanside Fisher Island $2,700 $1,200 125%
#10 Setai Miami Beach $2,550 $2,250 13%
#11 Estates at Acqualina Sunny Isles $2,400 n/a n/a
#12 Oceana Bal Harbour Bal Harbour $2,435 $1,450 68%
#13 W South Beach Miami Beach $2,500 $1,750 43%
#14 One Park Grove Coconut Grove $2,500 $1,450 72%
#15 St Regis Bal Harbour $1,970 $1,500 31%
#16 Palazzo del Mare Fisher Island $2,300 n/a n/a
#17 321 Ocean Miami Beach $2,250 $1,550 45%
#18 Glass 120 Ocean Miami Beach $2,225 $2,215 0%
#19 87 Park Miami Beach $2,020 $1,900 6%
#20 Oceana Key Biscayne Key Biscayne $2,200 $1,430 54%

The data provided in these rankings is sourced from Condo Geeks our proprietary condo analytics tool, which meticulously tracks and analyzes every condo on the market. This tool gives us an unparalleled ability to compare and evaluate properties based on their performance, offering an in-depth look at each condo’s market position and trends over time. Whether you’re exploring investment opportunities or looking for your next home, our condo analytics tool ensures you have access to the most accurate and up-to-date information. Reach out today to discuss any of the properties in more detail or to get tailored insights into Miami’s dynamic condo market.

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Our top 10 Best Resale Condos in Miami

While the above list shows Miamis most expensive condos per SF, below we have listed the best buildings by area and provided key numbers for these condos. We cover price per square foot, appreciation, top sales, and best floor plans. You’ll also find some additional neighborhood information as well as mentions of the new condo developments in the area.

Neighborhood Units for Sale Top Condos Price Range per SF Value Appreciation in last 5 years Preferred Floor Plan
1. Coconut Grove Listings One Park Grove $1,700 to $3,300 70% A Line
Listings Park Grove tower 2 $1,350 to $2,600 78% A Line
2. Brickell Listings Four Seasons $1,400-$1,600 35% E or F
3. Downtown Miami Listings One Thousand Museum $1,500-$2,000 27% 01/02
4. Edgewater Listings Elysee $1,000 - $1,650 N/a 01/02
5. South of Fifth Listings Continuum On South Beach $2,000-$4,500 62% North Tower: 01 or 02 South Tower: 03/04/05 lines
6. Miami Beach Listings Eighty Seven Park $1,700 - $3,200 16%* 01/02
7. Surfside Listings Surf Club Four Seasons Residences $2,500 - $6,500 86% South Tower: 01 or 02 North Tower: 21, 22, 12 and 14
8. Bal Harbour Listings Oceana $1,600 - $4,200 28% 01
9. Sunny Isles Listings Estates at Acqualina $2,200-$2,600 n/a 01/04
10. Fisher Island Listings Palazzo della Luna $3,000-$6,000 n/a A / C
11. Key Biscayne Listings Oceana $1,500 - $2,550 41% 01
*The best lines trade at a higher percentage, and the highly sought-after 02 line has not yet appeared on the resale market, so the data is limited.
Read here why these are the best condos per neighborhood

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FAQ

These are the most commonly asked Google Real Estate Related questions

1. What are the Current Best New Condos in Miami?

If you want to hear in more details our opinions on the best new Miami new construction condos. Please read this article:Best New Construction Condos 2022-2023. 

2. What is the best New Construction Condo in Fort Lauderdale?

In our opinion, the Residences at Pier Sixty-six are certainly the most interesting and unique. Already well underway this 32 Acre project will be home to the first of its kind Marina where owners will be able to anchor up vessels up to a staggering 400 ft! For specifics of this project see our independent review of this project.

3. How can I compare the new luxury construction Condos to the best existing Luxury Condos in Miami? 

Our Best Luxury Condos in Miami article will prove to be very useful to those looking to compare the existing to the new. You may also want to watch this video which shows the performance of the best Condos in Miami over the last 15 years!

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