Miami's luxury real estate story has always been bold. But what's unfolding across Brickell, Edgewater, Coconut Grove, and Miami Beach right now is something different — a convergence of record-breaking financing, globally branded towers, and an international buyer wave that is fundamentally reshaping the city's skyline and its investment landscape. If you've been watching Miami from the sidelines, the latest wave of breaking news should command your full attention.
This is not a general overview of Miami luxury living. This is a real-time dispatch from the front lines of the most dynamic new construction luxury market in the United States — with the announcements, groundbreakings, and capital movements happening in the first half of 2026.
Table of contents
- The Headlines: What Just Launched and What's Coming
- Brickell's Branded Tower Arms Race
- Edgewater: The New Frontier Just Got a 53-Story Statement
- The Condo Buyout Wave: How Old Buildings Become New Luxury
- The International Buyer Surge Driving It All
- Investment Snapshot: What the Numbers Say Right Now
- Buyer's Briefing: What You Need to Know Before You Move
- FAQ
- Key Statistics
The headlines: what just launched and what's coming
The pace of announcements in Miami's new construction luxury condo market has accelerated sharply in 2026. Within the span of just a few weeks this spring, multiple landmark developments made major moves — from sales launches and construction milestones to record-setting financing packages that signal enormous institutional confidence in the market.
The Brickell condo market in 2026 reflects a neighborhood in the midst of a historic transformation. But the story extends well beyond Brickell. From the bayfront towers of Edgewater to the tree-lined streets of Coconut Grove, Miami's luxury new construction pipeline is producing some of the most architecturally ambitious residential projects in the world.
Here is what's breaking right now.
📊 52% of all new-construction sales in South Florida go to international buyers – Miami New Construction International Demand
Brickell's branded tower arms race
619 brickell (nobu residences) — foster + partners meets japanese elegance
One of the most significant announcements in recent months is the formalization of 619 Brickell, a 74-story luxury tower that will bring Nobu Hospitality's first residential project in Miami to life. Nobu Residences Brickell is a luxury waterfront condominium tower planned for 619 Brickell Avenue, marking the first residential development in Miami from Nobu Hospitality, the globally recognized lifestyle brand founded by Chef Nobu Matsuhisa along with actor Robert De Niro and producer Meir Teper.
Rising approximately 74 stories, the tower is being designed by the internationally acclaimed architecture firm Foster + Partners in collaboration with Sieger Suarez Architects, and is being developed by 13th Floor Investments and Key International.
619 Brickell is a 74-story skyscraper set to feature 300 luxury one-bedroom to four-bedroom residences, with in-unit amenities including nine-foot-high ceilings, rain showers, and integrated smart home technology such as keyless entry. Residents would have exclusive access to more than 90,000 square feet of indoor and outdoor amenities, including a resort-style swimming pool with a café, full-service spa and wellness center, and sprawling fitness center.
888 brickell by dolce & gabbana — fashion's most audacious residential debut
Meanwhile, the project that has arguably generated the most global buzz continues its trajectory toward a 2028 completion. Rising in the vibrant Brickell neighborhood, Dolce & Gabbana's debut luxury residential project is being brought to life by JDS Development's Michael Stern and Gianluca Vacchi's GV Development Group. The 1,049-foot, 90-story tower is set to become one of the city's tallest.
Exuding Gatsby-style energy and opulence, the condo tower is an exquisite design collaboration with D&G — interiors, including all materials, are designed and selected by Dolce & Gabbana, featuring a gold leaf-trimmed porte-cochère, an ivory travertine façade, and high-gloss steel columns.
The residences at 1428 brickell — $565m in financing secured
The sheer scale of institutional capital flowing into Brickell is perhaps best illustrated by a single transaction from late 2025. JLL's Capital Markets Group 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. JLL represented the borrower, Y-Tech, in arranging the 4.25-year, floating-rate loan through JP Morgan and Sculptor.
The development 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.
📊 $1,150/sq ft (+6.1% YoY) – Brickell Luxury Condo Average Price Per SF
| Project | Stories | Units | Architect | Est. Delivery |
|---|---|---|---|---|
| 888 Brickell by Dolce & Gabbana | 90 | 259 | JDS / D&G | 2028 |
| 619 Brickell (Nobu Residences) | 74 | 300 | Foster + Partners | 2030 |
| The Residences at 1428 Brickell | 70 | N/A | N/A | 2028+ |
| Baccarat Residences Brickell | 75 | 324 | Arquitectonica | 2028 |
| Cipriani Residences Brickell | 80 | 397 | Arquitectonica | 2026 |
Edgewater: the new frontier just got a 53-story statement
LILLI by OKO group — the most talked-about new launch of spring 2026
If one announcement has dominated conversations in Miami luxury real estate circles this spring, it is LILLI — a sinuous, 53-story waterfront tower that just launched sales in Edgewater. 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 — the firm behind some of the world's most ambitious skyscrapers, including Dubai's Jeddah Tower — 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 and is among the final major undeveloped bayfront parcels in Edgewater.
What makes LILLI stand out even in a market saturated with superlatives is its lifestyle philosophy. Amenities are organized around four "living pillars" described as movement, recovery, nourishment, and connection. Planned features include a waterfront garden, infrared saunas, cold plunge pools, a treatment room, a movement studio, and a rooftop saltwater pool. The building will also include a dedicated lifestyle and wellness director with programming centered around longevity and wellness-oriented living.
The development will contain a mix of one-bedroom residences through penthouse layouts nearing 7,000 square feet in size. Ceiling heights will reach up to 12 feet, while interiors are planned to feature custom millwork, marble finishes, Gaggenau appliances, floor-to-ceiling glass, and oversized private terraces designed as outdoor living spaces. Pricing for homes is expected to begin at approximately $1.65 million.
Villa miami — construction hits the halfway mark
Construction reached halfway at the bayfront, ultra-luxury 55-story Villa Miami condo tower. Developed by Terra Group and One Thousand Group, it is the only condo tower in Edgewater to feature half- and full-floor residences. Designed by ODP Architecture, this architectural masterpiece will feature a copper "exoskeleton", making it stand out on the horizon. The bayfront Villa Miami will rise with only 64 villa-style residences, ranging from 3,000 to 6,000 square feet.
The condo buyout wave: how old buildings become new luxury
One of the most significant structural trends reshaping Miami's luxury new construction landscape right now is the condo buyout wave — a phenomenon where developers are systematically acquiring aging condo buildings, terminating the associations, and replacing them with ultra-luxury new construction.
Partners BH Group and Mast Capital now own 100% of the units at Bayshore Park, located at 2545 S. Bayshore Drive. The duo plans to replace the 1967-built condo with a 35-unit luxury residential project. The condo association has already been terminated, with demolition expected to begin soon and completion targeted for Q2 2029.
This pattern is repeating across Coconut Grove, Edgewater, and Miami Beach — wherever aging, post-war-era buildings sit on prime waterfront or near-waterfront parcels. For buyers of new construction, this trend carries an important implication: the supply of genuinely desirable sites is shrinking, and the replacement product commands significant premiums.
Four seasons private residences coconut grove — florida's first standalone four seasons residential tower
The Four Seasons brand's arrival in Coconut Grove as a standalone residential tower — not attached to a hotel — represents a watershed moment for the neighborhood. Four Seasons Private Residences Coconut Grove is within walking distance of cultural attractions and the waterfront. The project has quickly become one of the most sought-after addresses in all of South Florida, with analysts noting it as a bellwether for buyer confidence at the very top of the market.
📊 75% sold as of early 2026 – Four Seasons Coconut Grove Pre-Sales
The international buyer surge driving it all
No analysis of Miami's new construction luxury market in 2026 is complete without understanding the extraordinary force of international demand — and the breaking news on this front is striking.
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, and an astonishing 52% of new-construction, pre-construction, and condo-conversion sales.
International buyers are drawn from 73 countries, with notable demand from Latin America. The most recent development making headlines: Colombian buyers have emerged as the single largest foreign buyer group in South Florida.
Colombia is the No. 1 global buyer market for South Florida real estate, accounting for 15% of all international purchases. As political and economic uncertainty rises in Colombia, affluent buyers are increasingly turning to South Florida real estate as both a lifestyle investment and a financial safety net. South Florida — especially Miami — continues to dominate as the top destination for Colombian luxury buyers, with many investors drawn to the region's cultural familiarity, strong Colombian community, and relative economic stability.
When it comes to neighborhood preferences, Brickell continues to dominate as the top choice for global investors, known for its live-work-play environment. Following Brickell in popularity are Miami Beach and Coral Gables, both offering a combination of luxury living and proximity to the best amenities Miami has to offer.
Investment snapshot: what the numbers say right now
The financial case for Miami new construction luxury condos in 2026 is being made not just by lifestyle appeal but by hard capital market data.
Miami pre-construction has historically been an excellent investment, with luxury condos appreciating 25 to 40% in recent development cycles. The investment thesis is strong for several reasons: you lock in today's pricing on a property that delivers in 3 to 5 years, your capital outlay is limited to the deposit schedule, and South Florida's fundamentals — population growth, zero state income tax, corporate relocations, and international demand — continue to drive appreciation.
While the broader Miami market has moderated from its pandemic-era highs, Brickell continues to outperform due to three structural advantages: limited bayfront land, institutional-quality new development, and sustained corporate relocations from higher-tax states. Key Q1 2026 metrics show the median condo price at $620,000 (+4.2% YoY), average price per square foot at $785 (+3.8% YoY), and the luxury segment above $1M averaging $1,150/SF (+6.1% YoY).
For the ultra-luxury tier, the numbers are even more compelling. South Beach's luxury condo segment rose about 37% year-over-year on a price-per-square-foot basis, with pricing at approximately $1,538 per square foot.
📊 $4.4 billion in 2025, a 42% year-over-year jump – South Florida International Real Estate Investment
| Neighborhood | Avg. Price/SF (Luxury) | YoY Change | Notable New Project |
|---|---|---|---|
| Brickell | $1,150 | +6.1% | 888 D&G, Nobu 619 |
| South Beach | $1,538 | +37% | Shore Club Private Collection |
| Edgewater | $900–$1,100 | +8–12% | LILLI, Villa Miami |
| Coconut Grove | $1,200+ | +5% | Four Seasons Residences |
| Sunny Isles | $1,292 | +4% | Pagani Residences |
Buyer's briefing: what you need to know before you move
With so many major projects launching simultaneously, the buying environment in Miami's new construction luxury market requires careful navigation. Here are the most critical considerations for buyers entering the market right now.
Act Early in the Sales Cycle. The best time to buy pre-construction is during the earliest sales phase — ideally during the Friends & Family or broker preview period — when pricing is at its lowest. In a given development's lifecycle, the first 20 to 30% of units sold are priced most aggressively as the developer builds sales momentum. After that, prices rise steadily through construction milestones.
Understand the Branded Residence Premium. The current wave of globally branded towers — Nobu, Dolce & Gabbana, Four Seasons, Pagani, Aman — carries a price premium that is justified by both lifestyle value and resale discipline. Buyers at branded residences benefit from the brand's global marketing reach when it comes time to sell or lease.
Evaluate the Developer's Track Record. Every buyer's situation is unique, and working with a specialist who knows each project's developer track record, construction timeline, and market positioning is essential to making an informed decision.
Consider the Rental Income Angle. Latin American buyers in particular are acquiring Brickell condos as investment vehicles. The combination of Miami's no-state-income-tax environment, strong short-term rental demand, and continued corporate relocations makes new construction luxury condos a compelling income-generating asset.
Conclusion: the window is open — but it won't stay open forever
Miami's new construction luxury market in 2026 is not a trend. It is a structural shift — one backed by $4.4 billion in international capital, record-breaking construction financing, globally renowned architects, and the most ambitious pipeline of branded residences ever assembled in a single American city.
From the sinuous curves of LILLI rising over Biscayne Bay, to the Dolce & Gabbana-clad supertall reshaping Brickell's skyline, to the Four Seasons' first standalone residential tower taking root in Coconut Grove — the developments breaking right now represent a once-in-a-generation opportunity to own a piece of Miami's most transformative chapter.
The scarcity argument has never been more real. Bayfront parcels are disappearing. Branded inventory is selling out at double-digit annual rates. And international capital from 73 countries continues to pour into South Florida with no signs of slowing.
Your next move starts here. Schedule a private consultation with our Miami luxury new construction specialists to explore the latest availability, pricing, and floor plans across the city's most coveted new developments. The listings are moving — and so should you.
Questions fréquentes (FAQ)
What are the most exciting new luxury condo launches in miami in 2026?
The most notable new launches of 2026 include LILLI by OKO Group in Edgewater — a 53-story wellness-focused waterfront tower designed by Adrian Smith + Gordon Gill Architecture with 117 residences starting at $1.65 million — and the continued sales momentum at 888 Brickell by Dolce & Gabbana, a 90-story supertall with fully furnished, D&G-curated residences. The 74-story Nobu Residences at 619 Brickell, designed by Foster + Partners, is also a landmark announcement, bringing the globally recognized hospitality brand's first Miami residential project to the Brickell core.
Why are so many international buyers choosing miami new construction luxury condos in 2026?
International buyers account for 52% of all new-construction sales in South Florida, driven primarily by Latin American capital — with Colombia now the single largest foreign buyer market at 15% of all international purchases. Key drivers include Miami's zero state income tax, political and economic uncertainty in home countries, the city's strong Latin American cultural community, and the proven appreciation track record of Miami luxury condos. The combination of lifestyle appeal, financial stability, and strong rental income potential makes Miami new construction the top U.S. destination for global luxury capital.
What is the condo buyout wave and how does it affect new construction buyers?
The condo buyout wave refers to developers acquiring 100% of units in aging Miami condo buildings, terminating the condo associations, and replacing them with ultra-luxury new construction. This trend — actively unfolding in Coconut Grove, Edgewater, and Miami Beach — is steadily eliminating the supply of developable sites on prime waterfront parcels. For new construction buyers, this means the scarcity of genuinely desirable addresses will only increase over time, supporting long-term price appreciation.
How does pre-construction buying work in miami, and what are the financial benefits?
Pre-construction buyers in Miami typically pay a deposit schedule (often 10–20% at signing, with additional deposits tied to construction milestones), rather than the full purchase price upfront. This structure allows buyers to control an appreciating asset with limited initial capital outlay. Miami luxury condos have historically appreciated 25–40% from reservation to closing in recent development cycles. Buying early in the sales phase — during the first 20–30% of units sold — typically secures the most competitive pricing before milestone-driven price increases.
Which miami neighborhoods offer the best new construction luxury condos right now?
Brickell leads the market for urban sophistication and branded tower development, with projects like 888 Brickell by Dolce & Gabbana, Nobu Residences at 619 Brickell, and The Residences at 1428 Brickell. Edgewater is the fastest-evolving waterfront neighborhood, with LILLI and Villa Miami representing the new benchmark. Coconut Grove offers a more intimate, tree-lined luxury experience anchored by the Four Seasons Private Residences. Miami Beach continues to command the highest price-per-square-foot in South Florida, with ultra-boutique projects like Aman Residences and Shore Club Private Collection targeting the global ultra-high-net-worth buyer.
Chiffres clés
📊 $4.4 billion in international capital invested in South Florida residential real estate in 2025 — a 42% year-over-year jump (Source: Miami Realtors / Tom Day Properties, 2026)
🌎 52% of all new-construction and pre-construction sales in South Florida go to international buyers, drawn from 73 countries (Source: Miami Realtors Association, 2026)
💰 $565.35 million — the record construction financing secured by JLL for The Residences at 1428 Brickell, arranged through JP Morgan and Sculptor (Source: JLL Capital Markets, November 2025)
📈 25–40% average appreciation from reservation to closing on Miami luxury pre-construction condos in recent development cycles (Source: Manhattan Miami Real Estate, 2026)
🏗️ $5B+ total active new development pipeline across Miami's luxury condo market in 2026 (Source: Manhattan Miami Real Estate, 2026)
