2021 may have been a year of record highs for Miami’s luxury housing market, but 2022, turns out, almost broke records as well. Yes, the last quarter of year saw Miami’s luxury condo sales slowing, but prices remained steady or increased. 2022 closed as a year of balance and stabilization for Miami’s luxury condo market. After spending about 8 quarters in overdrive (starting Q3 2020), the market cooled down over the last two quarters of 2022, as predicted in our Q2 2022 + Q3 2022 summary reports. But, how should you be reading into this cool down? Is the market healthy or showing signs of distress? Is Miami’s luxury condo market headed towards a crisis like the national housing market or is there something more to the trend? While at first glance it might seem Miami’s luxury condo market fared badly with a 52.2% drop in year-over-year sales compared to Q4 2021 – it should be noted that 2021 was a year of exceptional highs and records. A closer look at quarterly charts from previous...

It's lifestyle and investment-driven. It has absolutely no rental restrictions. It’s downtown Miami at your doorstep. It's 600 Miami WorldCenter.  600 Miami Worldcenter by Aria Development and Merrimac Ventures seeks to bring a fresh take on Downtown Miami living. Currently, this project hails as the only pre-construction project in this experimentally driven neighborhood allowing for short-term rental opportunities.  Envisioned to offer modern sophistication and functionality to residents and short-term guests, this lifestyle-driven condo project is the centerpiece of the development’s 27-acre master plan, featuring access to world-renowned, high-luxe retail, food, beverage, and entertainment spaces, plus the newly completed Brightline station, in the heart of Downtown Miami.  Prices at this exceptional space in the heart of Miami are starting in the $400,000s for studios and go up to $770,000 for 2 bedrooms. Completion is scheduled for 2026. 600 Miami Worldcenter: Downtown Living...

With a long history of luxurious, world-class amenities, and superior service, the Ritz-Carlton residences and brand of hotels is widely renowned. So if “Putting on the Ritz” is your ideal lifestyle, there are several Ritz-Carlton Residences to choose from, including two new recent projects in South Beach and Pompano Beach.  Here is our curated list of all the Ritz-Carlton Residences, including the pre-construction Ritz-Carlton Residences in Pompano Beach and the recently announced Ritz-Carlton Hotel & Residences in South Beach near Miami Beach, to be built as part of the renovation of the historic Sagamore Hotel. This article was first published on February 22, 2022. It was last updated on January 24, 2023. Grand Bay Ritz-Carlton Residences, Key Biscayne Located in the exclusive, laid-back island community of Key Biscayne, the Grand Bay Ritz-Carlton Residences is a mixed-use condo hotel, housing residential units, hotel suites, and onsite retail and commercial services,...

It’s no secret that Miami is in the middle of a major building boom and there are quite a few luxury condo buildings that you’ll be able to move into this year, 2023. So, if you love being the first to turn the key on your crisp, new luxury condo, keep reading. (Psst, we also have a bonus list of all the condos you can expect to move into in 2024 at the end!)  With about 52 new pre-construction condos (and counting) in the pipeline since 2021, Miami developers have been on the fast track to deliver on the growing demand for luxury condos in the Magic City, especially condos on the water or condo buildings with water views. When most of the global housing market was showing signs of a slowdown in the thick of the pandemic, Miami’s luxury condo market witnessed accelerated growth. Following the business migration trends that started somewhere around 2020, Miami has had a huge influx of wealthy families, C-suite executives, and other well-paid employees moving base to our tax-friendly...

Miami is about to have one of the most luxurious and eco-friendly residential condo buildings ever built, right here in the middle of Brickell. And from the designers of the coveted Arte Surfside beachfront masterpiece. Designed around the resident, developer Ytech brings Miami its first solar-powered condo tower with The Residences at 1428 Brickell. A powerhouse of bespoke luxury and creation, the LEED-certified building will feature earthy interiors by Italy’s highly acclaimed Antonio Citterio-Patricia Viel design duo, 80,000 square feet of purposefully crafted amenities, and a unique “solar backbone.” Watch our exclusive video to see what you can expect from this absolutely stunning new condo tower.  Living at The Residences at 1428 Brickell - An Exclusive, Sustainable Sanctuary Introducing future residents to a new language of luxury, The Residences at 1428 Brickell will feature ultra-spacious floorplans with refined materiality and a love for nature visible all around -...

When most people are thinking about moving to Miami, the two most popular neighborhoods mentioned are Edgewater and Brickell. So, how can you know if Brickell or Edgewater, Miami is right for you? Both neighborhoods have grown considerably in recent years, and both are home to high-rise residential towers as well as mid-rise residential towers. While both areas provide plenty of variety in housing options, they also offer differing lifestyles and benefits. This article was last updated on January 12, 2023.   Lifestyle: Brickell vs Edgewater Edgewater, Miami is primarily a quiet, residential neighborhood nestled on the shores of Biscayne Bay and the 8-acre Margaret Pace Park. It's a neighborhood that is in a super central location in all of Miami, and Edgewater condos are ideal for families and young professionals still looking for luxury residences on Biscayne Bay, many of whom are purchasing their first property or moving away from the real estate east at the beach. Edgewater,...