These properties, such as Five Park Miami Beach (entry ~$1.5M) and Perigon Miami Beach (targeting $3,500/sq ft), command massive premiums. They are favored for their compliance with post-Surfside safety regulations and modern reserve funding.
Approximately 67% of luxury transactions are still closed in cash, often securing better terms in a stabilizing market. Miami Condo Market Report Spring 2026 condo miami beach buy
$1,222,071 (a record high, up 28.8% year-over-year). These properties, such as Five Park Miami Beach (entry ~$1
Always review the building’s reserve funds and recent structural reports. Newer buildings (<30 years) often have zero carrying costs until delivery but higher initial PPSF. 071 (a record high
Tightening significantly, with active listings down 17.7% and a 14.6-month supply (improved from 16.0 months in late 2025).