What Are the Best New Construction Condo Developments in Miami?
Miami is home to some of the most exciting new construction condo developments in the country. From ultra luxury beachfront towers to boutique buildings in Coconut Grove and Brickell, buyers have more choices than ever before. If you’re wondering which projects truly stand above the rest, here are the five new construction condo developments in Miami that we believe deserve the most attention.
1. THE WELL Coconut Grove
If you’re searching for the best value in Miami luxury real estate, THE WELL Coconut Grove should be at the top of your list.
Located in one of Miami’s most walkable neighborhoods, THE WELL combines luxury residences with a wellness focused lifestyle that is unlike anything else currently available in South Florida.
Every aspect of the project has been thoughtfully designed to promote healthier living while delivering the high level of finishes today’s luxury buyers expect.
Jaimee and I believe so strongly in this development that we invested here ourselves. After evaluating new construction projects across Miami, we purchased a two bedroom plus den residence at THE WELL because we believe in both the product and the long term value of the location.
Pricing currently ranges from approximately $1.5 million to $11 million, making it one of the most attractive entry points into Miami’s luxury new construction market. With more than half of the residences already sold, buyers continue to recognize the exceptional opportunity.
Why Buyers Love THE WELL Coconut Grove
- Walkable Coconut Grove location
- Wellness focused lifestyle
- Attractive luxury entry price
- Strong sales momentum
- Excellent long term investment potential
2. The Perigon Miami Beach
Not every luxury buyer wants the excitement of South Beach. For those seeking privacy and a quieter beachfront lifestyle, The Perigon Miami Beach is one of the most impressive new construction condo developments in Miami.
Located along a peaceful stretch of Mid Beach, this boutique oceanfront building will include only 72 private residences. The limited number of homes creates an intimate atmosphere that is difficult to find anywhere else on Miami Beach.
Many of our clients have chosen The Perigon because they wanted direct oceanfront living without sacrificing privacy. The project will also feature a private restaurant featuring a Michelin starred chef exclusively for residents along with private gated security and exceptional resort style amenities.
Current pricing ranges from approximately $12 million to $80 million with completion expected in 2027.
Highlights of The Perigon
- Only 72 private residences
- Direct beachfront location
- Quiet Mid Beach setting
- Michelin-starred chef led resident dining
- Private gated entrance
3. Ritz-Carlton Residences South Beach
If you want to be surrounded by the restaurants, nightlife and energy that make South Beach famous, Ritz-Carlton Residences South Beach delivers an unmatched lifestyle.
Built on the historic sites of the original Ritz-Carlton and Sagamore Hotels, this spectacular oceanfront tower will feature only 30 private residences, making it one of the most exclusive residential buildings in Miami Beach.
Owners will enjoy legendary Ritz-Carlton service paired with a world class beachfront location in the heart of South Beach. For buyers seeking a trophy property, this development is in a class of its own.
Current pricing ranges from approximately $4 million to $125 million with completion expected in 2028.
Why The Ritz-Carlton South Beach Project Stands Out
- Only 30 luxury residences
- Oceanfront location
- Historic South Beach address
- Legendary Ritz-Carlton service
- Exceptional exclusivity
4. St. Regis Residences Miami
South Brickell has quietly become one of Miami’s most desirable luxury neighborhoods. It offers immediate access to the city’s best restaurants and shopping while maintaining a more peaceful residential atmosphere than the center of Brickell.
The St. Regis Residences Miami in Brickell is expected to become one of the city’s landmark luxury developments. Designed by renowned architect Robert A.M. Stern, the project will rise 50 stories and include only 152 residences overlooking Biscayne Bay.
One of the most unique aspects of the building is what it does not include. Unlike most St. Regis properties around the world, this development has no hotel component. Residents enjoy the prestige and service of the St. Regis brand without sharing amenities with hotel guests, creating a much more private living experience.
Current pricing ranges from approximately $7 million to $50 million with completion expected in 2027.
Key Features of St. Regis Miami
- Purely residential building
- No hotel guests
- Designed by Robert A.M. Stern
- Prime South Brickell location
- Legendary St. Regis service
5. Mandarin Oriental Residences Brickell Key
Few developments have generated as much excitement as the Mandarin Oriental Residences on Brickell Key. In our opinion, this will become THE defining luxury condominium development ever built in Brickell.
Located on the southern tip of Brickell Key, the project spans five private waterfront acres and will feature approximately 228 luxury residences surrounded by more than 160,000 square feet of resort inspired amenities.
Residents will enjoy unobstructed Biscayne Bay views, exceptional privacy and the legendary service that has made Mandarin Oriental one of the world’s most respected luxury hospitality brands.
Several of our longtime clients explored multiple new construction opportunities before ultimately choosing Mandarin Oriental. Their decision came down to the unmatched combination of location, architecture, amenities and service.
Current pricing begins around $4 million and reaches more than $20 million with completion expected in 2030.
Highlights of Mandarin Oriental Brickell Key
- Five-acre private waterfront setting
- More than 160,000 square feet of amenities
- Legendary Mandarin Oriental service
- Unobstructed Biscayne Bay views
- Brickell’s most anticipated luxury development
Which Miami New Construction Condo Development Is Right for You?
Every buyer has different priorities. Some value walkability while others want beachfront privacy, world class service or long-term investment potential. The best new construction condo developments in Miami all offer something different. Finding the right fit starts with understanding your lifestyle, your goals and how you plan to use the property.
With dozens of luxury developments currently under construction, having an experienced advisor can make all the difference. We take the time to understand what matters most to our clients so we can recommend the properties that truly fit their needs rather than simply showing what is available.
If you’re considering buying a new construction condo in Miami, we’d be honored to help you compare floor plans, pricing, developer incentives and investment opportunities so you can make an informed decision.
Are you interested in a private consultation to learn more about Miami’s best new construction condo projects? If so, contact Michael Light, Broker and Executive Director of Luxury Sales at Douglas Elliman Real Estate. You may reach Michael directly at 786.566.1700 or michael@miamiluxuryhomes.com.
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