Miami Beach’s residential islands were largely created from Biscayne Bay during South Florida’s early development boom. Star, Palm and Hibiscus. The Venetian chain. The Sunset Islands. Much of this landscape did not exist in its present form a century ago. They emerged from the same extraordinary idea: create scarce residential land in Biscayne Bay. A […]
“What does $20 million buy in Miami?” is a reasonable question. It also has a more useful answer than most people expect, because the answer changes character between tiers rather than simply scaling up. A review of 250 closed Miami-Dade single-family sales above $10 million, from January 2025 through September 2026, shows that moving from […]
Miami condo buyers in 2026 face an increasingly expensive question: Is a new condominium actually worth the premium over resale? The answer isn’t automatically yes or no. But Downtown Miami and Brickell closed-sale data gives us something better than opinion. A review of 266 closed $1 million-plus condominium sales and 602 active listings across Downtown […]
A $20 million Miami condominium can be extraordinarily valuable. That does not necessarily make it liquid. At the trophy level, the question is not simply whether a residence can sell. Almost every exceptional property has a buyer at the right price. The more interesting question is: How deep is the pool of buyers willing to […]
Two condominiums in the same South of Fifth building can have similar square footage, similar amenities and the same Miami Beach address—yet sell for millions of dollars apart. Why? In Miami’s ultra-luxury condo market, buyers aren’t simply purchasing square footage. They’re purchasing a specific residence within a specific vertical position. The building matters. But so […]
In Miami luxury real estate, “waterfront” is one of the most valuable—and least precise—words in a listing. A home on a narrow canal is waterfront. So is an estate facing hundreds of feet of open Biscayne Bay. So is a Golden Beach residence directly on the Atlantic. All three may offer water behind the property. […]
In Miami’s ultra-luxury condo market, one of the easiest mistakes to make is assuming that the largest penthouse should command the highest price per square foot. Recent Miami penthouse sales tell a very different story. A 5,535-square-foot penthouse at The Surf Club sold for $44 million, or $7,949 per square foot. Meanwhile, a 10,755-square-foot penthouse […]
Ashton Coleman | One Sotheby's International Realty
119 Washington Avenue Suite 102 • Miami Beach, FL 33139 • AColeman@onesothebysrealty.com
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