Your Guide to High-Rise Living in Miami

Brickell is Miami's financial hub and has the highest concentration of luxury high-rise towers. It's been recently transformed by corporate relocations from firms like Citadel and Goldman Sachs and is now home to dozens of branded and luxury buildings. Downtown Miami sits along Biscayne Bay with signature towers like Paramount Worldcenter, 1000 Museum, and the recently completed Aston Martin Residences. Miami Beach and South Beach offer oceanfront luxury towers along the Atlantic. Edgewater is one of the fastest-growing neighborhoods with modern bay-view towers. Sunny Isles Beach, Bal Harbour, and Key Biscayne provide quieter beachfront alternatives.

Our condo market spans an extraordinary range. Entry-level one-bedrooms in good buildings start around $350,000–$500,000 in neighborhoods like Downtown and Edgewater. Mid-range two-bedrooms in popular Brickell and Miami Beach towers typically run $600,000 to $1.5 million. Luxury waterfront residences in buildings like Apogee, Continuum, and Four Seasons range from $2 million to $10 million+. At the ultra-luxe end the sky's the limit and branded penthouses in towers like Aston Martin, the upcoming Waldorf Astoria, and 888 Brickell by Dolce & Gabbana reach well into eight figures. International buyers account for roughly half of Miami's new-construction purchases, which supports the higher prices.

Miami has some of the most amenity-rich condo buildings on the planet. The baseline here would be top-tier in most other cities. Beyond that, you'll find private beach clubs, rooftop infinity pools, full-service spas, wine cellars, golf simulators, private cinemas, residents-only restaurants, and even superyacht marinas. Buildings like Aston Martin Residences have helipads and permanent art galleries. The upcoming 888 Brickell by Dolce & Gabbana will include six food and beverage outlets, an on-site tailor, and a Rolls Royce house car. Tell us about your must-have amenities and we'll match you with the right building.

Branded residences are condominiums developed in partnership with luxury hotel, fashion or automotive brands. This gives the fortunate residents access to that brand's service standards, design and lifestyle. Miami has more branded condo towers than almost any city in the world. Current and upcoming branded towers include Four Seasons, Ritz-Carlton (with new towers coming to North Bay Village), St. Regis, Waldorf Astoria, Dolce & Gabbana, Aston Martin, Cipriani, Nobu, Faena, Mandarin Oriental, Baccarat, and Bentley. Branded residences typically command a 25–35% premium over comparable non-branded properties but tend to hold value better. They especially appeal to international buyers and those seeking a "lock and leave" lifestyle with hotel-level service.

Pre-construction (or "pre-con") is a major part of Miami's condo market. Buyers reserve a unit before or during construction, typically putting down a deposit (often 20–50% of the purchase price) in structured installments during the building phase. Under Florida law, deposits are held in escrow and must be returned if the developer fails to deliver. Pre-con buyers benefit from earlier pricing as prices usually increase as construction progresses and the building nears completion. The risks include construction delays, market shifts during the building period and differences between renderings and the final product. Our team has extensive experience evaluating pre-construction opportunities and can help you assess developer track records, contract terms, and projected returns.

This depends entirely on the building and the municipality. Miami-Dade County generally allows short-term rentals, but each city within the county has its own rules. The City of Miami allows STRs with a proper license and tax registration. Miami Beach has much stricter regulations, and short-term rentals are only permitted in certain zoning districts and require a resort tax license. Regardless of local rules, most condo buildings have their own CC&R restrictions. Some buildings allow nightly rentals (making them popular with investors), while others require minimum lease terms of 6–12 months. A few newer buildings like Natiivo were specifically designed for short-term rental use. Ask us about which buildings allow the rental flexibility you need.

Florida's HB 913 (passed in response to the Surfside tragedy) requires condo associations to conduct structural integrity reserve studies and fully fund reserves for major structural components like roofs, load-bearing walls, waterproofing, plumbing, electrical, and more. This means HOA fees in many buildings have increased significantly as associations that previously waived reserves are now required to fund them. For buyers, this is actually a positive development because it means buildings are better maintained and you're less likely to face surprise special assessments. However, it makes reviewing a building's reserve study and financial health even more critical before purchasing. Alex & Joe can help you understand the reserve status of any building you're considering.

Brickell is Miami's financial district and it's walkable, dense, and more and more gets compared to Manhattan. It's where many of the corporate relocations have landed (Citadel, Goldman Sachs, etc.) and has a huge concentration of luxury towers, restaurants, and nightlife along Brickell Avenue. Downtown Miami sits just north of Brickell along Biscayne Bay with a more varied feel. Downtown includes the arts and entertainment district, Bayside Marketplace, and major developments like Worldcenter. Downtown tends to offer slightly lower price points than Brickell at comparable quality, and it's where you'll find some of Miami's most iconic individual towers. Both neighborhoods connect easily via the free Metromover.

Yes, most Miami high-rise towers are pet-friendly though restrictions vary. Common rules include weight limits, breed restrictions and caps on the number of pets per unit. Many luxury buildings go further with pet spas, grooming stations, and on-site pet parks. Brickell and Downtown towers are near bayfront walking paths, and many beachfront buildings allow dogs on nearby beaches during designated hours. Some newer buildings have particularly generous pet policies. It's always worth checking the specific building's CC&Rs early in your search. Alex & Joe can point you to the most pet-friendly towers.

Most Miami high-rise buildings include at least one assigned or valet parking space, and many offer the option to purchase additional spaces. Valet parking is common in luxury towers across Brickell, Downtown, and Miami Beach. Some ultra-luxury buildings take it further, for example the Porsche Design Tower features a car elevator, and 888 Brickell by Dolce & Gabbana is designed with similar automotive-focused amenities. EV charging is increasingly available in newer buildings. While Brickell and Downtown are becoming more walkable thanks to the Metromover and Brightline rail, Miami remains a car-dependent city overall, so parking is an important consideration.

Miami has been one of the strongest condo markets in America in recent years, fueled by population growth, corporate relocations, international demand and Florida's favorable tax environment. About 52% of new-construction condo purchases come from international buyers spanning 73+ countries, which creates deep and diverse demand. Branded residences tend to hold value particularly well. That said, Miami has an enormous amount of new inventory in the pipeline and they probably won't all get built, so building selection is important. The right investment depends on location, building quality, and your time horizon. Alex & Joe can help you evaluate the numbers and identify the towers with the strongest fundamentals.

Miami has the most active new construction pipeline of any city in the U.S. The most anticipated projects include the Waldorf Astoria Residences Downtown (a supertall at 1,049 feet which will be the tallest residential tower south of New York), 888 Brickell by Dolce & Gabbana (90 stories, also 1,049 feet), Cipriani Residences Brickell, 619 Brickell by Nobu (74 stories, designed by Foster + Partners), Mercedes-Benz Places Miami, Baccarat Residences, The Residences at Mandarin Oriental Brickell Key, and Bentley Residences Sunny Isles (featuring an in-residence car elevator). Recently completed towers include Aston Martin Residences (867 feet, 99% pre-sold). Check our New Construction page for the latest.