Features popular towers like Akoya and Blue Diamond .
Prices in this area average around $568 per square foot, with premium, new, or renovated units such as those at 321 Ocean Drive or Ocean House listing in the multi-million range.
I can provide specific listings and the most recent market data. Expand map Luxury Condos South of Fifth High-rises Key Neighborhoods buy condo miami beach
Due to the 2021 Champlain Towers collapse, it is crucial to hire a home inspector to check for water intrusion, mold, and structural integrity.
Despite a slight cooling in the $6M–$10M range, the ultra-luxury market is booming with sales breaking previous records, such as the $86 million sale at Seaway at the Surf Club . Features popular towers like Akoya and Blue Diamond
As of early 2026, the Miami Beach condo market is experiencing a significant shift characterized by rising inventory, stable to slightly declining prices, and a surge in luxury sales alongside challenges for older buildings. The market is increasingly favorable for buyers, with many sellers offering concessions.
New projects are active, including The Perigon in Surfside, Ritz-Carlton Residences in South Beach (due 2027), and Twenty-Nine Indian Creek . Expand map Luxury Condos South of Fifth High-rises
Older units (pre-1990) can still be found in the $300,000–$600,000 range, but require scrutiny of the building's financial health and reserve funds. Essential Buying Tips