[IMAGE_PLACEHOLDER: Aerial view of Miami's Brickell skyline at sunset with supertall towers under construction rising above Biscayne Bay]
Miami's luxury real estate market doesn't pause — it accelerates. In the span of just the last few weeks, a wave of headline-making announcements, jaw-dropping listings, and record-breaking construction milestones have confirmed what insiders have been saying all year: 2026 is the most transformative year in Miami's luxury new construction history. From a sinuous 53-story waterfront tower launching in Edgewater to a $110 million compound hitting the Sunset Islands market, and a 75-story Nobu-branded skyscraper revealing stunning new renderings in Brickell, the news cycle is moving as fast as the cranes on Miami's skyline.
Whether you're an international investor, a domestic relocator eyeing Florida's tax advantages, or a high-net-worth buyer seeking a primary residence with resort-caliber amenities, the developments breaking right now are impossible to ignore. Here's your real-time briefing on the biggest stories redefining new construction luxury homes in Miami in 2026.
Table of contents
- Miami Officially Dethrones New York in Luxury Home Inventory
- Breaking: The New Towers Dominating Headlines Right Now
- Brickell's Supertall Race: A New Era of Urban Luxury
- Waterfront Records: The Listings Rewriting Miami's Price Ceiling
- The International Buyer Surge Fueling It All
- What Today's Buyers Are Getting: Features & Amenities in 2026 New Construction
- Investment Snapshot: Why Now?
- FAQ
- Key Statistics
Miami officially dethrones new york in luxury home inventory
The milestone that the real estate world has been anticipating for years finally landed at the close of 2025 — and it's reshaping how the entire industry views Miami. By December 2025, Miami surpassed New York City in active $1 million-plus listings, with 10,591 luxury properties on the market compared to New York's 10,176, according to Realtor.com — marking a sharp departure from the past decade, when New York consistently dominated seven-figure housing inventory.
This is more than a symbolic milestone. It signals a fundamental shift in where American and global wealth is concentrating. While both cities saw luxury supply shrink after the pandemic, Miami rebounded faster and more steadily, supported by year-round demand from cash-rich buyers, foreign investors, retirees, and second-home purchasers drawn to the city's lifestyle and tax advantages.
The structural case for Miami's continued ascent is compelling. The local luxury market is defined by resilience and a refreshing alignment between buyers and sellers. The appetite for high-end South Florida single-family homes and condominiums remains robust, and broader economic uncertainty is only sharpening the region's appeal for high-net-worth individuals seeking lifestyle, stability, and long-term value.
📊 10,591 — surpassing New York City's 10,176 – Miami Active $1M+ Listings (Dec 2025)
Breaking: the new towers dominating headlines right now
🏗️ lilli edgewater — the most talked-about new launch of spring 2026
Miami's latest ultra-luxury condo launch, called Lilli, is a new waterfront tower in the city's Edgewater neighborhood being developed by OKO Group — the firm led by Aman owner and CEO Vlad Doronin — in collaboration with Adrian Smith + Gordon Gill Architecture, the designers behind some of the world's most ambitious skyscrapers, including Dubai's Jeddah Tower.
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 stand out in a crowded field is its philosophical departure from the branded-residence formula dominating Brickell. The project reflects a broader shift happening across Miami's luxury market, where buyers are increasingly prioritizing architectural significance and design team pedigree, privacy, and a focus on wellness. At Lilli, 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.
[IMAGE_PLACEHOLDER: Rendering of the sinuous Lilli tower rising along Biscayne Bay in Miami's Edgewater neighborhood with waterfront gardens]
🏗️ nobu residences at 619 brickell — new renderings drop in may 2026
Just weeks ago, stunning new renderings were unveiled for one of the most anticipated projects in Brickell. New renderings reveal Nobu Residences at 619 Brickell, a planned 75-story residential tower in Miami's Brickell district and the city's first Nobu-branded residential development. Designed by Foster + Partners in collaboration with Sieger Suarez and developed by 13th Floor Investments in partnership with Key International, the 860-foot-tall tower will rise along Biscayne Bay and yield 296 residences.
Nobu Hospitality will oversee the project's food and beverage programming, including a private residents-only Nobu restaurant, in-residence dining, private chef services, and access to a residents-only private dining room within a new ground-floor Nobu restaurant. With Foster + Partners — the firm behind Apple Park and the Hearst Tower — at the helm architecturally, this tower is set to become an instant icon on the Brickell skyline.
🏗️ four seasons coconut grove — the grove's crown jewel
The Four Seasons Private Residences in Coconut Grove is generating intense buzz as one of the most exclusive boutique offerings in Miami. The development, by CMC Group and Fort Partners, will feature 70 waterfront homes of generous proportions with 11-foot ceilings. Two, three, and four bedrooms, as well as two sets of penthouses, are all accessed via dedicated elevators and equipped with customizable smart controls.
Pricing ranges from approximately $7 million to $17 million, with Italian travertine throughout units and balconies, luxury kitchens featuring Molteni designs with high-end European appliances, and Italian marble bathrooms with premium European faucets and fixtures. The project is expected to deliver in 2027, making it one of the most anticipated near-term completions in Miami's luxury calendar.
Brickell's supertall race: a new era of urban luxury
[IMAGE_PLACEHOLDER: Construction progress shot of the Waldorf Astoria Hotel & Residences Miami supertall skyscraper rising above downtown Miami's skyline]
The race to build Miami's tallest towers is accelerating — and buyers are taking notice. Miami's future tallest tower is now more than two-thirds complete, as developers race to reshape the city skyline amid an ongoing luxury construction boom across South Florida. The Waldorf Astoria Hotel & Residences Miami — set to become Miami's first "supertall" skyscraper — has now reached its 75th floor, according to developer PMG.
The pipeline of planned supertalls reads like an architectural who's-who. Other proposed supertall projects in Brickell and downtown include One Bayfront Plaza, Regalia on the Bay, Miami Riverbridge, and 888 Brickell by Dolce & Gabbana — with plans for all four buildings exceeding 1,000 feet.
The 2026 Brickell real estate landscape is dominated by hospitality groups. These towers carry the highest premiums but deliver unmatched resale value through superior service and global brand recognition, including the St. Regis Residences with a private marina and butler service, Cipriani Residences bringing legendary Italian hospitality to Brickell Avenue, and 888 Brickell by Dolce & Gabbana, catering to the aesthetic-driven luxury buyer.
The investment thesis behind these branded towers is well-established. According to market analysis, the ultra-luxury segment (above $3M) in Brickell saw an average price per square foot above $1,800 — up 8.5% year-over-year — reflecting the sustained premium that buyers are willing to pay for the neighborhood's most coveted addresses.
| Project | Height | Units | Starting Price | Architect | Status |
|---|---|---|---|---|---|
| Waldorf Astoria Miami | 1,049 ft (100 stories) | 387 condos | $4M+ | Carlos Ott / Sieger Suarez | Under Construction |
| 888 Brickell (Dolce & Gabbana) | 1,049 ft (90 stories) | TBD | TBD | TBD | Proposed |
| Nobu Residences (619 Brickell) | 860 ft (75 stories) | 296 | ~$2,000/SF | Foster + Partners | Pre-Construction |
| Cipriani Residences | TBD | TBD | TBD | TBD | Pre-Construction |
| Lilli Edgewater | 53 stories | 117 | $1.65M | AS+GG Architecture | Pre-Construction |
| Four Seasons Coconut Grove | 20 stories | 70 | $7M+ | Revuelta Architecture | Pre-Construction |
Waterfront records: the listings rewriting miami's price ceiling
Beyond the new construction pipeline, the resale and trophy market is also setting records that underscore just how far Miami's luxury ceiling has climbed.
Just days ago, a compound on Miami Beach's exclusive Sunset Islands made international headlines. Sunset Estates, set within the guard-gated enclave of Sunset Islands III, entered the market for $110 million — introducing one of the most architecturally significant waterfront compounds to debut in Miami Beach in recent years. Spanning more than 32,000 square feet of prime land, the estate unites two newly completed modern waterfront residences with 187 feet of combined water frontage.
Simultaneously, the Bentley Residences in Sunny Isles Beach — arguably the most talked-about new construction project of the past two years — is making rapid construction progress. Dezer Development, in collaboration with Bentley Motors, announced that vertical construction is advancing at Bentley Residences Miami, the world's first and only Bentley-branded residential tower. Located at 18401 Collins Avenue in Sunny Isles Beach, the development has now reached level 7 and continues to rise rapidly, progressing at a pace of approximately one floor every five to six working days.
[IMAGE_PLACEHOLDER: Luxury rooftop pool with panoramic views of Biscayne Bay and the Miami Beach skyline, representing the resort-style amenities of new construction luxury condos]
The Bentley Residences' signature feature — the "Dezervator" — has captured global attention. The patented automobile elevator seamlessly transports residents and their vehicles directly into in-unit sky garages, redefining privacy and convenience in a way that no other residential tower in the world currently offers.
The international buyer surge fueling it all
No analysis of Miami's luxury new construction boom is complete without understanding the global capital flooding into the market. The numbers are staggering. Foreign buyers invested a record $4.4 billion in South Florida residential real estate in 2025 — a 42% jump from the previous year. 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.
The most recent wave of international demand is coming from an unexpected direction. Luxury buyers from Colombia are snapping up South Florida homes in search of a real estate safety net, joining long-established buyer pools from Brazil, Argentina, Mexico, and Venezuela. Latin American buyers, in particular, have taken to Brickell's new construction market with remarkable intensity, often purchasing units as investment-grade rental properties.
Miami remains the #1 U.S. market for foreign home buyers, a position reinforced by the city's combination of tax structure and long-term value that continues to attract high-net-worth individuals choosing South Florida as a primary residence rather than a secondary one.
📊 52% of Miami new-construction sales in 2026 – International Buyers
📊 $4.4 Billion in 2025 (+42% YoY) – Foreign Investment in South Florida Residential Real Estate
What today's buyers are getting: features & amenities in 2026 new construction
The standard for luxury in Miami's new construction has been radically redefined. Here's what today's buyers are receiving across the top developments:
Smart home & technology integration
- Savant and Crestron home automation systems with custom mobile app access (Waldorf Astoria, Four Seasons Coconut Grove)
- Biometric private elevators with direct, contactless entry
- Integrated smart-home systems with keyless entry and rain-showers
- Lutron lighting controls throughout
Wellness-centered amenities
Buyers are increasingly prioritizing wellness, with top new developments offering infrared saunas, cold plunge pools, treatment rooms, movement studios, and rooftop saltwater pools — a trend pioneered by Lilli and now spreading across the market.
Branded hospitality services
- Residents-only Nobu restaurant with in-residence dining and private chef services (619 Brickell)
- Four Seasons concierge and spa with access to The Surf Club (Coconut Grove)
- Cipriani dining room exclusively for residents (Brickell)
- 24-hour white-glove butler service at multiple projects
Architectural distinction
In 2026, the traditional penthouse has evolved into the "Sky Villa" — multi-story residences offering the square footage of a suburban estate with the security and panoramic Biscayne Bay views of a skyscraper, featuring private rooftop sanctuaries with integrated summer kitchens and heated infinity pools.
Investment snapshot: why now?
The market fundamentals supporting Miami luxury new construction investment remain exceptionally strong heading into the second half of 2026.
The region's average single-family sales price rose 3.3% year-over-year to $2.57 million in Q1 2026, with Miami-Dade posting notable condo pricing gains even as broader market conditions remained mixed.
For investors specifically, the rental income opportunity in Brickell is compelling. Latin American buyers, in particular, have recognized this: Latin Americans are snapping up new Brickell condos specifically to convert them into rentals, attracted by Miami's strong short-term and long-term rental demand driven by the city's growing corporate base and tourism engine.
The FIFA World Cup 2026 is adding an additional catalyst. The 2026 FIFA World Cup will further amplify Miami's global exposure, firmly positioning it on the radar of the international elite — a dynamic that is already influencing pre-construction sales velocity across multiple Brickell and Downtown projects.
Key financial advantages of Miami luxury new construction:
- Zero Florida state income tax — a primary driver for relocators from New York, California, and Illinois
- Pre-construction pricing advantages — buyers who enter early in the sales cycle typically see significant appreciation by delivery
- Customization rights — most pre-construction projects allow buyers to select finishes, layouts, and upgrades
- Developer warranties — new construction eliminates the deferred maintenance risk of resale properties
- Strong rental income potential — particularly in Brickell, Edgewater, and Miami Beach
Questions fréquentes (FAQ)
What are the most exciting new luxury condo developments launching in miami right now?
The biggest launches making headlines in 2026 include Lilli by OKO Group in Edgewater (117 residences from $1.65M), Nobu Residences at 619 Brickell (296 residences designed by Foster + Partners, with new renderings just released in May 2026), and the Four Seasons Private Residences in Coconut Grove (70 ultra-boutique units priced from $7M to $17M). The Waldorf Astoria Miami supertall is also actively under construction and has already passed its 75th floor, with delivery targeted for 2028.
Why are international buyers choosing miami new construction over other global luxury markets?
International buyers are drawn to Miami new construction for several compounding reasons: Florida's zero state income tax, relative value compared to equivalent properties in London, Monaco, or Dubai, the ability to make all-cash purchases that bypass mortgage rate volatility, and Miami's status as the #1 U.S. market for foreign home buyers. In 2025, foreign buyers invested a record $4.4 billion in South Florida residential real estate — up 42% year-over-year — and accounted for 52% of new-construction sales.
What is the price range for new construction luxury condos in brickell in 2026?
Brickell's new construction luxury market spans a wide range. Entry-level luxury starts around $600,000–$1.2M for one- to two-bedroom units in established buildings. Premium luxury runs $1.2M–$3M for three-bedroom units with direct bay views. Ultra-luxury — including branded residences like the Waldorf Astoria and the upcoming Nobu Residences — begins at $4M and climbs well into eight figures for Sky Villa penthouses. The average price per square foot for the ultra-luxury segment (above $3M) has surpassed $1,800/SF, up 8.5% year-over-year.
What makes 2026 a particularly good time to buy new construction in miami?
Several converging factors make 2026 a compelling entry point: Miami's supertall construction boom is creating a once-in-a-generation inventory of architecturally significant towers; the FIFA World Cup is amplifying global demand for the city; international capital inflows remain at record levels; and pre-construction pricing still offers buyers the opportunity to enter below projected delivery values. Buyers who secure units in projects like Lilli or Nobu Residences today are positioned ahead of completion-driven price appreciation.
How does the buying process work for pre-construction luxury condos in miami?
Pre-construction purchases in Miami typically require a deposit schedule spread over the construction period — commonly 10–20% at contract signing, with additional tranches tied to construction milestones. Most luxury developers accept international buyers and offer dedicated sales teams fluent in multiple languages. Buyers can often customize finishes and layouts during the pre-construction phase. Timelines from purchase to delivery currently range from 2–5 years depending on the project's stage.
Chiffres clés
📊 $4.4 Billion invested by international buyers in South Florida residential real estate in 2025 — a 42% jump year-over-year (Source: MIAMI Association of REALTORS®)
🏙️ 10,591 active $1M+ listings in Miami by December 2025 — surpassing New York City's 10,176 for the first time in history (Source: Realtor.com Luxury Housing Report)
💡 52% of Miami new-construction and pre-construction condo sales are now purchased by international buyers (Source: Miami Association of REALTORS® / Tom Day Properties)
🏗️ $1,800+/SF — average price per square foot for ultra-luxury condos (above $3M) in Brickell, up 8.5% year-over-year (Source: Manhattan Miami Real Estate, Q1 2026)
Conclusion: the window is open — but it won't stay that way
The headlines are coming fast: a $110 million compound on the Sunset Islands. A sinuous 53-story tower rising on Biscayne Bay. A Nobu-branded skyscraper designed by Foster + Partners revealing breathtaking new renderings. Miami's luxury new construction market is not building toward a peak — it is the peak, happening right now, in real time.
[IMAGE_PLACEHOLDER: Aspirational Miami waterfront lifestyle shot — a luxury yacht docked at a private marina with the Brickell skyline glowing at dusk]
For buyers who have been watching from the sidelines, the message from every corner of the market is the same: the developers, the architects, the international capital, and the market data are all aligned. Miami is no longer a city on the rise — it is a city that has arrived. And the new construction opportunities available today, from Edgewater's boutique wellness towers to Brickell's branded supertalls, represent the clearest expression yet of what it means to live at the absolute pinnacle of South Florida luxury.
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 get the full picture on where the market is heading next.
""Wealth is increasingly mobile, and Miami has the attention of the world""
— Realtor.com Luxury Housing Report
