News | July 17, 2026

Miami Luxury New Developments — July 2026 Market Update

News | July 17, 2026

By Seth Semilof

The Latest on Pricing, Deliveries, and Branded Residences Across South Florida’s $15 Billion Pre-Construction Pipeline

South Florida’s luxury new-development market enters the second half of 2026 with its largest-ever active pipeline: more than 26 branded and ultra-luxury pre-construction projects across Miami-Dade, Broward, and Palm Beach counties, representing an estimated $15 billion-plus in total development value. Browse all projects at the New Developments hub.

What Delivered or Neared Completion This Quarter

The Ritz-Carlton Residences, Palm Beach Gardens is the first major branded project targeting 2026 delivery, with construction on its 14-acre Intracoastal Waterway site reaching final stages. The Residences at Six Fisher Island — South Florida’s most exclusive barrier-island address — is on track for late 2026 delivery with residences starting at $15 million and averaging $4,000 per square foot.

Rosewood Residences in Hillsboro Beach, one of the lowest-density luxury oceanfront projects in the region at $5.95 million and up, is nearing completion with a 2027 target.

2027: The Big Delivery Year

Seven additional projects are targeting 2027 delivery, making it the most consequential single-year wave in South Florida’s modern luxury cycle:

The St. Regis Residences, Miami — Brickell, from $5M
Cipriani Residences Miami — Brickell, from $1.6M
Villa Miami — Edgewater, from $5.6M
Four Seasons Private Residences Coconut Grove — from $5.6M
The Perigon Miami Beach — from $12M
Rivage Bal Harbour — sky villas from ~$10M, penthouses $40M–$75M
Mr. C Residences West Palm Beach — from $1.4M

Pricing Trends

The average asking price per square foot across Haute Living’s tracked luxury new developments stands at approximately $1,983 — up from roughly $800 per square foot five years ago. Trophy penthouses at Six Fisher Island, Rivage, and Aman have closed or gone under contract above $5,000 per foot.

Submarket	Avg. Starting Price	Avg. $/Sq Ft	Key Projects
Miami Beach & Islands	$5M+	$3,000–$4,000	Six Fisher Island, Aman, Perigon
Sunny Isles Beach	$5M+	$2,000	Bentley, St. Regis
Brickell / Downtown	$1.6M+	$1,400–$2,200	Cipriani, St. Regis, 619, Mandarin Oriental
Coconut Grove	$1.5M+	$1,200–$2,500	THE WELL, Four Seasons
West Palm Beach	$1.4M+	$1,100–$1,800	Mandarin Oriental, Ritz-Carlton, Mr. C
Fort Lauderdale	$2.5M+	$1,500–$1,600	Ritz-Carlton, St. Regis Bahia Mar

New Entrants

The newest additions to the South Florida luxury pipeline include Kempinski Residences Miami Design District (from $3.7M, 2029), Pagani Residences in North Bay Village, Fouquet’s Hotel & Residences Miami Design District, and 619 Brickell‘s full-floor and penthouse collection reaching $18.75 million and above. The Mandarin Oriental Miami‘s recently launched South Tower begins at $7 million.

The 2028–2030 Pipeline

Several marquee projects are further out but already selling:

Bentley Residences Sunny Isles Beach — from $5.8M, 2028
The St. Regis Residences, Sunny Isles Beach — from $5M, 2028
The Ritz-Carlton Residences, West Palm Beach — from $3M, 2028
The Ritz-Carlton Residences, South Beach — from $4.25M, 2028
THE WELL Coconut Grove — from $1.5M, 2028
Jean Georges Miami Tropic Residences — from $1.1M, 2028
The Ritz-Carlton Residences, Fort Lauderdale — from $2.5M, 2029
Mandarin Oriental Residences, West Palm Beach — from $3.5M, 2029
Banyan Tree Residences West Palm Beach — from $1.8M, 2029
The St. Regis Resort & Residences, Bahia Mar — Fort Lauderdale

Buyer Profile

The demand pool remains migration-driven and global. New York, Chicago, and Los Angeles transplants continue to anchor purchases, joined by sustained capital from Latin America, Europe, and the Middle East. Florida’s zero state income tax, year-round climate, and the maturation of Miami’s financial and cultural infrastructure have shifted pre-construction luxury condos from second-home assets to primary residences for a growing share of UHNW buyers.

What to Watch in Q3–Q4 2026

Delivery progress at Ritz-Carlton Palm Beach Gardens and Six Fisher Island
Sales velocity at the newly launched Kempinski, Pagani, and 619 Brickell
Whether West Palm Beach’s four-project pipeline absorbs at the same pace as Brickell
Construction milestones at Bentley Residences and St. Regis Sunny Isles (both 2028)

Browse All Projects

For current pricing, floor plans, brochures, and private preview information on any of the 26+ luxury new developments tracked by Haute Living, visit the New Developments hub or contact the HL Real Estate Group concierge team at 786.957.7868.

All Building Pages

Project	Location	Link
The St. Regis Residences, Miami	Brickell	View
Cipriani Residences Miami	Brickell	View
The Residences at Mandarin Oriental, Miami	Brickell Key	View
Mandarin Oriental Miami — North Tower	Brickell Key	View
Mandarin Oriental Miami — South Tower	Brickell Key	View
619 Brickell (Nobu)	Brickell	View
Villa Miami	Edgewater	View
Bentley Residences Sunny Isles Beach	Sunny Isles Beach	View
The St. Regis Residences, Sunny Isles Beach	Sunny Isles Beach	View
Rivage Bal Harbour	Bal Harbour	View
The Perigon Miami Beach	Miami Beach	View
The Ritz-Carlton Residences, South Beach	South Beach	View
Four Seasons Private Residences Coconut Grove	Coconut Grove	View
THE WELL Coconut Grove	Coconut Grove	View
Rosewood Residences	Hillsboro Beach	View
The Ritz-Carlton Residences, Fort Lauderdale	Fort Lauderdale	View
The St. Regis Resort & Residences, Bahia Mar	Fort Lauderdale	View
The Ritz-Carlton Residences, Palm Beach Gardens	Palm Beach Gardens	View
The Residences at Six Fisher Island	Fisher Island	View
The Ritz-Carlton Residences, West Palm Beach	West Palm Beach	View
Mandarin Oriental Residences, West Palm Beach	West Palm Beach	View
Mr. C Residences West Palm Beach	West Palm Beach	View
Banyan Tree Residences West Palm Beach	West Palm Beach	View
Kempinski Residences Miami Design District	Design District	View
Jean Georges Miami Tropic Residences	Design District	View
Fouquet’s Hotel & Residences	Design District	View
Pagani Residences	North Bay Village	View
Cipriani Punta del Este	International	View
Mandarin Oriental Residences, Grand Cayman	International	View

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