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A Summary of New Construction Buildings in Miami

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As Miami’s luxury real estate market continues to bloom, several new condo projects have been introduced. Our experienced Oceanfront Group team always likes to analyze subjectively  new projects in the Luxury Real Estate market , concentrating on extraordinary characteristics and aspects that are hard to copy, such as finishes, views, and locations. We decided to provide you with a professional overview of these brand new Miami pre-construction condos. This article is about their best floor plans, pros & cons, and how they all analogize on their average price per square foot. We will share with you what to look out for, what to avoid and what to focus on in search of Miami high-end properties!

 Perigon Miami Beach More Info

 

The Perigon Miami Beach.

What Makes the Perigon Stand Out?

The Perigon is a unique architectural gem. By OMA New York & Jason Long, the Perigon was designed as a series of “towers” rotated to introduce and enhance views in all directions. The elegant interiors created are by Tara Bernard. Gustafson, Porter & Bowman design landscaping.

The Perigon is the most awaited brand new luxury project on Miami Beach. The tower offers huge residences with 3 and 4 bedrooms, a lot of space, and a private setting. The great point of this building is the unique possibility of overseeing three bodies of water: the Ocean, the Intracoastal, and Indian Creek.

Well-Considered Floor Plans and Finishes. The team behind this project is well established and known for its high-quality developments. The floor plans are extensive and very well-considered. All the units offer a tremendous exterior area with wrap-around terraces and several private decks.

 

The Best Floor Plans

The best floor plans at the Perigon tower are the 01, 06, and 02 lines. These units have exposure to east, south, and north and spectacular ocean views. The 01 line provides a great flow and offers one large wrap-around balcony and an additional private sundeck.

The second most wanted is the 06 line. It is the west-facing line, the tower’s second largest residence. This unit delivers north, south, and west-facing views, but because of the shape of the building also provides ocean views (east facing). A wrap-around deck covers the unit and offers bay and ocean views.

The 02 line has south and east views and comes with a different layout. This floor plan comes with three private terraces and provides incredible Bay and Ocean views.

 

Cons

We cannot come up with any cons thus far besides the requests for the Miami Beach luxury pre-construction condo on the sand is exceptionally high, and the Perigon does not have that many residences to offer. Looking at the price levels, the developer is aware of this tendency.


Waldorf Astoria Miami More Info 


Waldorf Astoria Downtown Miami

What Makes the Waldorf Astoria Stand Out?

The Waldorf Astoria Residences are associated with an excellent hospitality brand and come with white-glove services and state-of-the-art amenities. The floor plans are exceptionally spacious, and the height of this tower is not commonly seen in Miami, making these residences unique. Each cube has a limited (less than 10) number of units per floor plan, making the apartments less generic.

The condo is in a walkable part of Miami Downtown, just minutes away from Brickell’s busy heart, with many restaurants, bars, shops, and cafes. The residences come finished,  super large penthouses given the option to design your penthouse with your signature final details. 

 

The Best Floor Plans

The most exciting floor plans at the Waldorf Astoria Residences are the 01 and the 02 or 03 lines. These are corner residences with northeast exposure (01 lines) or southeast exposure (the 02 or the 03 lines, depending on the cube).

 

Cons

The building can be rented for minimally three months,  only three times per year. This might attract many investors to the condo, but this tends to lower the living experience and makes a condo more vulnerable to economic change in the implication that investors will offload their units at the first signs of financial struggle.

 

ST Regis Miami downtown More Info

 

The St Regis Residences Brickell

What Makes St Regis in Brickell Stand Out?

In this chapter, we are uniquely speaking about the East Tower, the first one to launch.

The St Regis residences offer only four units per floor, all large corner residences. The floor plans are well thought-out, with spacious common areas, optimized bay views, and a fantastic flow. The trophy floor plans for this project are, without a doubt, the A (northeast exposure) and B line (southeast exposure). Both are four-bedroom corner units with 3,400 SF of living area, 11 ft ceilings, a spacious and deep balcony, and beautiful bay views. Are you looking for something truly unique? This condo will offer four huge 5,000 SF duplexes with 25ft ceilings and a 1,100 SF sundeck! The elegance of the St Regis brand is impossible to copy. Residents of St Regis Brickell will enjoy the signature white glove services offered by the St Regis brand, such as butler services, in-room dining, housekeeping services, and the St. Regis global membership privileges. Unlike St Regis in Bal Harbour, the Brickell residences will NOT have a hotel component. The residences give you that 5-star lifestyle while also protecting exclusivity and privacy. The project offers a private marina on the bay.

 

The Best Floor Plans

The A and B lines are the most wanted in the building. The A-line offers northeast exposure, and the B line southeast. Both floor plans offer four bedrooms, 5.5 bathrooms, and around 3.400 SF of interior space with 311 SF of a terrace. This floor plan delivers an open kitchen and living area with an expansive deck unobstructed and ample water views. The bedrooms are detached from the social site with a long corridor. This apartment also comes with a separate laundry room and service room. 4+ bedroom residences will get three parking spaces with additional valet service.

The north side of the tower has unique unobstructed breathtaking views.

 

The Cons

A high price for Brickell Miami at an average of $2,000 per SF. It is a high price for the area, but the product is worth it. As more and more financial organizations and tech companies are opening their doors in the downtown Miami area, we see increased interest in large, primary residences that cater to the relocating families from the northeast. St Regis Miami is one of the first condos to react to this gap in the market.

 
Five Park Miami Beach More Info 
 

Five Park, Miami Beach

What Makes Five Park Stand out?

This brand new condo, one of the tallest buildings (48 floors) on the Beach, will offer 98 residences, making it a low-density project. What’s different? The condo offers incredible floor plans (especially the before-mentioned lines) that provide a good flow. If you opt-in a high floor 01 or 03 line, you will be able to see both the ocean and the bay views from your unit.

Residences will be delivered fully finished and in size of 1,434 SF to 6,000 SF. All units will have a private elevator, expansive, open floor plans to maximize the Miami sunlight, 10’ wide sliding door openings that enable terrace access from living rooms, and 10-foot ceilings. Other excellent features are a 3- acre Canopy park next to the condo, elegant retail inclusion, and the innovation of an art-inspired bridge that makes the South of Fifth community a walkable wonderland surrounded by Florida’s pristine waters.

One of the most appreciated elements is the co-working area with private offices and board rooms and the residents-only member club, “the Canopy Club.”

Five Park is located in an exceptionally walkable area of Miami Beach. The South of Fifth area is highly walkable and offers trendy and world-class restaurants such as Carbone, Planta, Prime 112, and Smith & Wollensky. The Beach is within the walkable distance as well.

 

The Best Floor Plan

Five-floor plans propose views of the ocean, the bay, the city, the Park, or a hybrid. The top category floor plans are the 01 and the 03 lines. Accordingly to the developer, the 03 lines will be the most wanted.

The 01 line is an extensive 3,186 SF unit with a 1,083 SF balcony providing 180-degree views (East, South, and West), including the bay, the city, the port of Miami, and the ocean views. The ocean can be caught from the living room as well as from two of the bedrooms (not the master bedroom).

The 03 line offers 180-degree views on the other side of the tower (North, East, and West), covering the bay, the city, the Canopy park, and the ocean. The more extensive 02 line offers just bay views, while the smaller 04 and 05 lines offer just ocean views. This line offers 2,615 SF with  1,000 SF of the terrace.

 

Cons

It is not actually on the beach line, and its prices are one of the highest on this list. Of course, it still offers impressive water views and private beach club access. Not crucial to everyone, but worth mentioning. 

 Bentley Sunny Isles More Info

 

Bentley Residences, Sunny Isles Beach

What Makes the Bentley Residences Stand Out?

Dezer Development is scheduled to start the construction of the Bentley Residences in cooperation with Bentley Motors in 2023. It will be a 60-story condo with 216 residences completed in 2026. Residents will enjoy luxurious amenities such as a restaurant, cinema theater, whiskey bar, gym, pool, luxury spa, cigar lounge, cabanas, and unique gardens.

The project has many similar features to the Porsche Design Tower. Similarities contain the association to a luxury car brand, the development team (Dezer), the architect team (Sieger Suarez), the tower’s cylindrical shape,  in-unit multi-car garage, the patented technology car elevator, the Sunny Isles Beach location, the private pool on the terraces and the intimate on-site restaurant.

Looking at Bentley, we can notice 11ft ceiling heights (slab to slab), which create a good size, a better flow, and more light. 

The tower also offers large 1,500 SF terraces that provide a great setup with functional living space and comes with a pool. The developer added air-conditioning on the terraces with a large glass wall, which allowed to keep the fresh air on the patio. Residences will have fans and lights on the ceiling, something not often seen in Miami condos.

 

The Best Floor Plan

The 01 and 02 lines are large ocean-facing residences of 3,014 SF with a private garage and a terrace of 1,100-1,800 SF.

The Bentley condo will offer 216 residences with four units per floor.

 

Cons 

There is a considerable improvement compared to the previous project Porche Design. Furthermore, the car elevator and columns are no longer in the middle of the building. Overall they made significant improvements to the floor plans and construction, which makes it a very competitive project.

 

Baccarat Miami More Info

 

Baccarat Brickell

What Makes the Baccarat Residences Stand Out?

The Baccarat offers six-floor plans that are open-concept and flow-through. All the floor plans provide a layout in which the master bedroom is detached from the secondary bedrooms. All units are accessed with a private entry vestibule with two elevators opening directly to each residence. All residences offer ten-foot high ceilings on typical floors soaring to eleven and twelve feet on penthouse levels.

Amenities in Baccarat are top quality, in line with other high-end Miami towers, with artful service. The building is curated by Baccarat Hotels & Residences and well managed by SH Hotels & Resorts. Residents will have full access to a remarkable range of services and in-house staff dedicated to doing the impossible. Whether hosting an event at the Grand Salon, arranging personal appointments, or remembering individual taste preferences, residents will feel inspired and at ease.

Why do most buyers choose Baccarat?

1. Its location is right on the Brickell River, with great walkability and a dock for drop-off and pick. 

2. Unobstructed views of the bay and city exactly where the river meets the bay 

3. The Brand signature name brings 250 years of reputation and experience.

 

The Best Floor Plan

The best floor plans are the extensive corner units, the 01 and the 06 lines. The 01 line fronts the northeast and offers 3,029 SF with four bedrooms and 625 SF of a terrace. The 06 line offers southeast views with three bedrooms, 2,082 SF of interior space, and 580 SF of a deck.

 

Cons

It is located in a busier part of Brickell just next to the bridge. 

The area has a city core atmosphere with solid traffic.

 

Contact the Oceanfront Group for the latest, unfiltered information about Miami Pre-construction condos for sale.


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 yuliya@luxuryrealestatemiamifl.com More Infowww.luxuryrealestatemiamifl.comMore Info

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