Four Most Expensive Condos in South Florida
Glitzy South Florida has long been known as a playground for the beautiful and famous. Not only is the climate sublime, but the economy is absolutely unstoppable: it has one of the lowest unemployment rates in the country, and Florida as a whole is the fastest-growing state in the nation due to a huge influx of high-net-worth individuals.
It’s no wonder that there has been a massive surge of investment in the area, with regional headquarters for major companies like Nvidia, Amazon, Uber, and Tesla popping up in Miami. Numerous celebrities, like Pitbull, Shakira, and Dwayne “The Rock” Johnson, also live in the area, specifically in the beloved Magic City.
Those wealthy individuals bring with them a heightened appetite for luxury real estate, as evidenced by the many pricey condominiums gracing the skylines of major South Florida cities. Today, we’ll investigate the most expensive condominiums available in South Florida for those ready to live in the lap of luxury. Built with opulent materials and featuring breathtaking waterfront views, these condos offer the ultimate in extravagant living. For those with the means to afford it, the price tags on these properties can easily surpass the average building a house cost in Florida. However, for those in search of the pinnacle of luxury living, the investment is well worth it.
1. Shore Club Private Collection, Miami Beach
Topping the list is the incredible $120-million penthouse under contract in Miami Beach, which is a record-breaking real estate deal for the Miami-Dade metropolitan area. This penthouse residence will have over 7,500 square feet of terraces and its own swimming pool, allowing its owner to enjoy the gorgeous oceanfront views with incredible privacy.
The Shore Club Residences is interesting in that it is not a new construction but rather a retrofit of a historic Art Deco hotel built in the 1930s. It and the nearby Cromwell Hotel will also be joined by a brand-new 200-foot tower, designed in partnership between Robert A.M. Stern Architects and Kobi Karp Architecture. If one is looking for a real estate investment that combines old Miami charm with the latest in amenities, Shore Club Private Collection is certain to please.
2. The Surf Club Four Seasons, Surfside
The Residences at the Surf Club Four Seasons condominium is located right outside of Miami and next door to the historic Surf Club, now operated by the Four Seasons hospitality brand. Located on 9 acres at the doorstep of the Atlantic Ocean, the Surf Club has been a staple of Miami real estate for years. Like the Shore Club, the Surf Club was a well-known social club that was lovingly redeveloped into a hotel and condominium, featuring plenty of natural light and a harmonizing blend of indoor/outdoor space.
Last year, one of the building’s 12 penthouses came up for sale at $55 million. This two-story, 7,500-square-foot unit has a 270-degree view of Miami’s skyline and the ocean from its rooftop pavilion. Guests and family will have plenty of space thanks to the five bedrooms, five full bathrooms, and four half-bathrooms. There’s also a private pool, outdoor garden, yoga space, and a home gym that could be converted to a bedroom if necessary.
Even if your budget isn’t quite that high, the Surf Club offers all its residents access to many amenities, including two restaurants, a spa and fitness center, four pools, and 40 cabanas.
3. Boca Beach Luxury Homes and Marina, Boca Raton
Boca Beach Residences Luxury Homes and Marina was completed late last year; its 32 residences sold out immediately, which is no surprise, given their immaculate beauty and privacy. Touted as one of the only low-density luxury buildings in swanky Boca Raton, this building overlooks beautiful Lake Boca Raton and averages a cool $10.8 million for one unit.
Built by well-regarded Sieger Suarez Architects, Boca Beach Residences provides expansive floor plans meant to create a feeling of exclusivity and privacy. Each unit has its own vestibule and a private terrace that offers a seamless blend between indoors and outdoors, perfect for Boca Raton’s sunny environs. Its residents will enjoy a large swimming pool, outdoor cooking spaces, and wellness facilities that cater to those of every inclination.
Yachting enthusiasts will also appreciate the private 18-slip marina that allows them to immediately head out onto the sparkling waters of Lake Boca Raton without having to commute far.
4. The Residences at Mandarin Oriental, Miami
Those seeking a fabulous Miami pre-construction will immediately fall in love with The Residences at Mandarin Oriental, Miami, due to be delivered in 2029. Developed by the world-renowned hospitality brand Mandarin Oriental and designed by New York’s Kohn Pedersen Fox Associates, this 76-story condominium will feature 220 luxurious residences with incredible views of the Atlantic Ocean and Biscayne Bay.
The Residences at Mandarin Oriental, Miami affords residents access to the 80,000-square-foot amenities platform, which is shared with the adjoining Mandarin Oriental hotel. Here, one can be pampered at the spa, one of the brand’s most well-known features. These spas are consistently rated as among the best in the world, and it’s certain that the spa in Brickell Key will be just as luxurious. Other features include a meditation garden, restaurants, a tea pavilion, and a multi-tiered, beautifully landscaped pool.
Most importantly to condo shoppers, this is one of the best real estate investments as the Miami condo market continues growing at its own pace. The international investors and big businesses moving to Miami are partially responsible for the increase.
As this is a Miami pre-construction project, prices for units are very dynamic and will likely change in the coming years as more shoppers recognize the excellent advantages of this building. However, we can get insight into the potential price list by looking at the duplex penthouse, which is currently asking for $100 million. This captivating unit affords residents 23,000 square feet and some of the most incredible views in the city.
