A 53-story sinuous tower just revealed on Biscayne Bay. A 74-story Nobu-branded skyscraper ascending over Brickell Avenue. A $565 million construction loan — one of the largest ever closed for a condo project in the United States. A Four Seasons tower in Coconut Grove nearly 75% sold before its doors have opened. If you've been watching Miami's luxury real estate market from the sidelines, the latest wave of announcements makes one thing unmistakably clear: the window to enter Miami's new construction luxury market is closing fast.
This is not a forecast. These are deals being signed, towers breaking ground, and records being shattered — right now, in 2026. Here's a deep dive into the most significant breaking developments reshaping Miami luxury real estate, and what they mean for buyers, investors, and anyone dreaming of a South Florida address.
Table of contents
- The Headlines: Miami's Most Significant New Announcements
- Brickell: The Urban Luxury Epicenter Is Exploding
- Edgewater & Coconut Grove: The New Frontiers
- The International Buyer Surge Driving Demand
- Waterfront Properties: A Market With No Ceiling
- What Today's Luxury New Construction Delivers
- Key Statistics
- FAQ
The headlines: miami's most significant new announcements in 2026 {#the-headlines}
Miami's luxury new construction pipeline has never been more active — or more newsworthy. Spring and early summer 2026 have produced a cascade of landmark announcements that signal the city's transformation from a regional luxury market into a global-tier destination rivaling London, Dubai, and Singapore.
Mansion Global identified Miami as home to some of the biggest luxury developments launching sales this spring, noting a rich variety of new luxury homes in Miami-Dade County hitting the market with amenities that include a 150,000-square-foot waterfront sport and wellness hub, a rooftop herb garden, and golf and Formula One simulator rooms.
Among the most jaw-dropping announcements: one of the most impressive new developments is the 90-story Delano Residences Miami tower set to rise above downtown Miami, boasting a public observation floor with a cantilevered glass deck.
Meanwhile, the financing market is sending equally powerful signals. JLL's Capital Markets Group announced that it secured $565.35 million in construction financing for The Residences at 1428 Brickell, an ultra-luxury 70-story condominium tower in Miami's prestigious Brickell Financial District — with JLL representing the borrower, Y-Tech, in arranging the 4.25-year, floating-rate loan through JP Morgan and Sculptor. This stands as one of the largest condo construction loans ever closed in the United States.
📊 66 active luxury developments representing $5B+ in combined inventory – Miami Luxury Pipeline
Brickell: the urban luxury epicenter is exploding {#brickell}
No neighborhood better illustrates Miami's new construction frenzy than Brickell — and the projects launching here in 2026 are setting new global benchmarks.
619 brickell: nobu comes to the skyline
Nobu Hospitality, in partnership with Key International and 13th Floor Investments, is moving forward with its first branded residential endeavor in Miami. Upon completion, the multi-million-dollar venture would be one of the tallest buildings in Brickell — a 74-story skyscraper set to feature 300 luxury one-bedroom to four-bedroom residences.
In-unit amenities would include nine-foot-high ceilings, rain showers, and integrated smart home technology such as keyless entry. Designed by the iconic Foster + Partners — the same firm behind London's 30 St Mary Axe (the "Gherkin") — 619 Brickell is as much an architectural statement as it is a real estate offering.
The residences at 1428 brickell: a new benchmark in ultra-luxury
The numbers behind this project are staggering. The Residences at 1428 Brickell will offer an unprecedented 80,000 square feet of amenities dedicated exclusively to residents, including resort-level pools, a two-story Owners Club, wellness facilities, and a rooftop observatory.
As of October 2025, The Residences at 1428 is 57% presold, demonstrating strong market demand for ultra-luxury product in Brickell. Unit interiors will include specialized Gaggenau appliance packages, Arclinea and Vaselli cabinetry, and natural stone and marble throughout.
The tower will have 195 units, and 60% of its residences have already been sold. The units range from 1,800 to 4,000 square feet and are priced between $4.4 million and $10 million, excluding penthouse units.
Cipriani residences brickell: culinary luxury at 80 stories
The culinary-branded luxury race is on. Cipriani Residences Brickell is an 80-story luxury residential tower with 397 residences, now actively advancing through construction and moving into exterior enclosure with glass installation. Designed by Arquitectonica with interiors by 1508 London, it represents the convergence of world-class hospitality brands and residential architecture that is defining Brickell's new identity.
📊 57–60% presold before delivery – Brickell New Construction Presales
Edgewater & coconut grove: the new frontiers of miami luxury {#edgewater-coconut-grove}
While Brickell dominates headlines, two other neighborhoods are generating some of the most exciting breaking news in Miami luxury new construction.
Lilli: the most talked-about new tower of 2026
Plans have been revealed for Lilli, a 53-story waterfront condominium tower at 717 NE 27th Street in Miami's Edgewater neighborhood. Developed by OKO Group, the project is designed by Adrian Smith + Gordon Gill Architecture and will yield 117 condominium residences overlooking Biscayne Bay.
The 636-foot-tall tower is planned to contain around 360,679 square feet of space on a 0.63-acre site along the waterfront north of Missoni Baia and is among the final major undeveloped bayfront parcels in Edgewater. That last detail is critical for buyers: when these final bayfront parcels are gone, they are gone forever.
Set directly on Biscayne Bay at 717 Northeast 27th Street, the 53-story tower will bring 117 residences to the waterfront, ranging from one-bedroom homes to penthouses nearing 7,000 square feet. Prices start at $1.65 million.
What makes Lilli architecturally singular is its wellness philosophy. Amenities are organized around four "living pillars" — movement, recovery, nourishment, and connection — and include a waterfront garden, infrared saunas, cold plunge pools, a treatment room, a movement studio, and a rooftop saltwater pool. The building will also feature a dedicated lifestyle and wellness director, along with programming centered around longevity and everyday well-being.
Four seasons coconut grove: already near sold out
Coconut Grove secured $734 million of new construction financing for the 70-unit Four Seasons Private Residences by CMC Group & Fort Partners and The Well by Terra. The $324M construction loan for the 70 units at the Four Seasons works out to almost $5M per unit — and the building is nearly 50% presold already, achieving prices of roughly ~$4,000 per square foot.
Industry analysts tracking the project have called it the #1 new development condo in Miami — with the Four Seasons now approaching 75% sold. At $4,000 per square foot, this is a building where the market is voting loudly with its wallet.
The international buyer surge driving demand {#international-buyers}
Behind every record-setting presale and landmark financing announcement is a surging wave of global capital flowing into Miami — and the latest data reveals just how powerful this force has become.
Foreign buyers invested a record $4.4 billion in South Florida residential real estate in 2025 — a 42% jump from the previous year. In 2026, the momentum shows no signs of slowing. International purchasers now account for roughly 15% of all residential dollar volume in the Miami-Fort Lauderdale-West Palm Beach metro area (seven times the national average) and an astonishing 52% of new-construction, pre-construction, and condo-conversion sales.
Colombia remains #1 for the third consecutive year (15% of all foreign buyers and 23% of new-construction purchases), with Argentina sitting firmly in second place at 12%. Mexico and Brazil each hover around 7%.
The Colombian buyer story is particularly striking right now. In the first three months of 2026, Miami was the top U.S. destination for overall global shoppers, drawing 10.3% of online views from abroad. New York City was in second place at 4.7%, followed by Los Angeles at 4.6%.
Nearly 3 out of 4 Colombian buyers plan to use their properties as rentals, vacation homes, or both, allowing them to generate income in U.S. dollars as a hedge against economic instability in their home country.
Latin American buyers represent 64–86% of international transactions in South Florida, depending on the submarket. Many are high-net-worth individuals and families seeking a combination of lifestyle, safety, and long-term wealth preservation.
📊 52% of all new-construction sales in South Florida – International Buyer Share
Waterfront properties: a market with no ceiling {#waterfront}
The most dramatic signal of Miami's 2026 luxury market strength is what is happening in the waterfront segment. The data — and the deals — speak for themselves.
A waterfront lot at 6500 North Bay Road in Miami Beach sold for $18.9 million, with the sellers having paid $10.8 million for the property in 2021 — selling it five years later for a 75 percent markup. The buyer will likely tear down the existing house and build a new mansion on the 0.4-acre lot.
A Sunset Islands waterfront compound was recently listed for $110 million, while a Miami Beach mansion sold for $27 million in an all-cash deal — after trading hands for $16.1 million just two years earlier. The appreciation velocity in waterfront Miami is unlike virtually any other market in the world.
Cash transactions represent 68% of waterfront sales in Q1 2026. In the ultra-luxury tier above $10M, that figure is even higher.
Top real estate professionals on the ground are blunt about what they're seeing. "There's just so much wealth," said Dora Puig, a leading Miami luxury broker. "Land started to move in February because there's no more pretty houses."
In 2026, Miami is seeing one of the largest waves of new luxury condo deliveries in history — more than 15,000 luxury condo units expected across 40+ developments, many with premium waterfront views or close access to water. Yet true waterfront land remains finite, which is precisely why projects like Lilli in Edgewater — described as one of the final major undeveloped bayfront parcels in the neighborhood — are generating such intense buyer interest.
What today's miami luxury new construction delivers {#features-amenities}
The latest wave of new construction luxury homes Miami is offering isn't just about square footage and views. It's about a complete lifestyle ecosystem — and the standard has never been higher.
Architecture by the world's best
The architects behind Miami's newest luxury towers read like a who's who of global design: Foster + Partners (619 Brickell), Adrian Smith + Gordon Gill Architecture (Lilli — the same firm behind the Burj Khalifa and Jeddah Tower), and Arquitectonica (Cipriani Residences). Miami is no longer importing second-tier design talent; it's commanding the world's best.
Wellness as a core amenity
The Lilli tower's four "living pillars" — movement, recovery, nourishment, connection — reflect a broader industry shift. Cold plunge pools, infrared saunas, dedicated wellness directors, and longevity programming are becoming standard offerings in top-tier new construction luxury condos in Miami.
Branded residences command a premium
Nobu, Four Seasons, Cipriani, Aman, Mandarin Oriental — the convergence of world-class hospitality brands with residential real estate is redefining what ownership means. For buyers considering Brickell as a primary residence, a pied-à-terre, or a portfolio-grade Miami position, these towers read as more than addresses — they signal a luxury market consolidating around brands capable of delivering a full-spectrum experience, one that starts with architecture and ends with how it feels to come home.
Smart technology & sustainability
The Residences at 1428 Brickell features a solar-integrated façade, setting a new benchmark for ultra-luxury residential product by combining high-design with energy-producing glass — an attribute that may help differentiate in a competitive market. Integrated smart home technology, keyless entry, and building-wide automation are now baseline expectations, not premium upgrades.
Chiffres clés {#key-statistics}
📊 $4.4 billion invested by international buyers in South Florida residential real estate in 2025 — a 42% jump from the prior year (Source: Tom Day Properties / MIAMI Realtors 2026)
🏗️ 66 active luxury developments composing Miami's pre-construction pipeline, representing more than $5B in combined inventory (Source: Manhattan Miami Pre-Construction Intelligence 2026)
💡 52% of all new-construction sales in South Florida are purchased by international buyers (Source: Capital Analytics Associates / MIAMI Realtors 2026)
🌊 68% of Miami waterfront luxury sales in Q1 2026 were all-cash transactions (Source: The Goihman Group, May 2026)
📊 $4.4 billion in 2025, 42% YoY increase – South Florida International Investment
Questions fréquentes (FAQ) {#FAQ}
What are the most significant new luxury condo projects launching in miami in 2026?
The spring and summer of 2026 have brought a remarkable wave of announcements. The most significant include Lilli (OKO Group's 53-story bayfront tower in Edgewater, designed by Adrian Smith + Gordon Gill Architecture), 619 Brickell (a 74-story Nobu-branded tower by Foster + Partners), The Residences at 1428 Brickell (a 70-story ultra-luxury tower that secured a landmark $565M construction loan), and the Four Seasons Private Residences Coconut Grove (already approaching 75% sold at ~$4,000/sq ft). Additionally, the 90-story Delano Residences Miami is among the most ambitious new towers announced for downtown Miami.
Why are international buyers so active in miami's new construction luxury market right now?
Miami drew 10.3% of all global online real estate searches in Q1 2026 — more than double New York City. The key drivers include Florida's zero state income tax, strong U.S. dollar-denominated asset protection, relative value compared to global luxury markets like London or Monaco, and Miami's position as the gateway city between North America and Latin America. Colombian buyers alone account for 15% of all foreign purchases and 23% of new-construction sales, with nearly three in four planning to use their properties as rentals or vacation homes.
How do pre-construction luxury condos in miami compare to move-in-ready options?
Pre-construction luxury condos in Miami offer buyers the opportunity to lock in today's pricing before delivery — often 3 to 5 years away — while the market continues to appreciate. Deposits are typically phased (10% at contract, 10% at groundbreaking, 10% at midpoint, 10% at top-off), reducing upfront capital requirements. Buyers also benefit from full customization opportunities and the ability to choose premium units before general public sales. The trade-off is a longer wait time and developer execution risk — making developer track record and financing security (such as the $565M JPMorgan/Sculptor loan at 1428 Brickell) critically important due diligence factors.
What price ranges are available for new construction luxury condos in miami in 2026?
The range is broad. Entry points for new construction luxury condos in Miami currently start around $800,000 (619 Brickell), with Lilli in Edgewater starting at $1.65 million. The Residences at 1428 Brickell range from $4.4 million to $10 million for standard residences, with lower penthouses from $10 million to $20 million and upper penthouses priced at $60 million. The Four Seasons Coconut Grove is achieving approximately $4,000 per square foot. For buyers seeking access below the $3M threshold, several new developments in South Florida are still accessible at that price point.
Is now a good time to buy new construction luxury real estate in miami?
Multiple market signals suggest that acting sooner rather than later is advantageous. Presale absorption rates are accelerating — 619 Brickell and 1428 Brickell are already 57–60%+ sold before delivery. Waterfront land is being described by top brokers as essentially depleted of quality turnkey product. International capital inflows are at record levels. And with 66 active luxury developments in the pipeline, the market is competitive but not oversupplied — particularly in the ultra-luxury segment where scarcity remains the primary driver of appreciation.
Conclusion: the moment to act is now
Miami's luxury new construction market in 2026 is not a trend — it is a structural transformation. From the Burj Khalifa architects designing a sinuous bayfront tower in Edgewater, to Nobu and Cipriani racing to define Brickell's skyline, to $565 million institutional loans signaling deep capital market confidence, the signals are unanimous: Miami has arrived as a world-class luxury destination, and the best units are being claimed today.
The buyers who move decisively — whether they're relocating from New York, investing from Bogotá, or building a South Florida portfolio — will look back on 2026 as the year the window was still open. Waterfront land is finite. Branded residences at these price points won't exist forever. And as one of Miami's top luxury brokers put it plainly: "There's just so much wealth."
Ready to explore Miami's newest luxury developments? Schedule a private consultation with our luxury real estate specialists, view our curated collection of new construction properties, or download our exclusive Miami Luxury Market Report to identify the opportunity that fits your lifestyle and investment goals.
"JLL secures $565M in construction financing for ultra-luxury condominium tower in Miami"
— JLL Capital Markets
"OKO Group reveals plans for 53-story LILLI condominium tower at 717 NE 27th Street in Edgewater, Miami"
— Florida YIMBY
"Miami remains top U.S. market for international homebuyers"
— Capital Analytics Associates
