Since 2021, about 52 lavish pre-construction condos have been announced in Miami. Developers have beenswift in responding to the surging demand, particularly for condos offeringwaterfront views or those close to water bodies. Even when the global realestate market seemed stagnant during the pandemic's peak, Miami's luxurycondominium sector soared. The influx of affluent families, top-tierexecutives, and high-income professionals relocating to Miami's tax-friendlyenvironment since 2020 only intensified the trend.
1. Spacious Floor Plans: The demand is rising for condos with expansive layouts similar to standalone homes,ideally with proximity to the waterfront.
2. Premium Amenities: Modern buyersseek luxurious amenities comparable to those of five-star hotels. This includesrooftop helipads, affiliations with luxury brands, gourmet restaurants, and comprehensive wellness amenities.
3. Flexible Rental Options: Both investors and homeowners now desire condos with lenient rental policies,allowing them to maximize returns when they're away.
- Expansive floor plans (min. 2,000 sq ft.)
- Prime locations: either waterfront or easily accessible by foot.
- Resort-grade amenities and top-notch services.
- Emphasis on wellness and family-centric features.
- Availability of short-term rentals and management services.
-Aston Martin Residences:Finally completing in August 2022 after a few hiccups, this 66-storyarchitectural marvel by Revuelta Architecture promises a unique Aston Martinliving experience. Notable amenities include a private deep-water superyachtmarina and a plethora of world-class facilities.
- 601 Miami (previously Natiivo): Renamed recently and set to be inhabited in 2023, this 51-storytower combines a novel hospitality-residential experience. Its sustainablearchitecture houses a vast array of amenities, including an extensive healthand fitness center and a luxurious pool area.
- Missoni Baia:Towering over the Edgewater district, this residence promises aluxurious experience brimming with the iconic Missoni brand's design andcolors.
-Standard Residences: Presenting acar-free, city lifestyle, these condos offer premium amenities ranging fromresort-style pools to infrared saunas and more, allowing short-term rentals.
- La Baia: Slatedfor a 2023 launch, this luxury tower on Bay Harbor Islands promises spaciousresidences coupled with top-notch amenities, including a private marina.
Characterized by its Mediterranean luxury, Onda promises awaterfront living experience with modern amenities and an Italian flair.
- Koya Bay:A collection of waterfront townhomes offering a blend of modern design andunlimited Intracoastal views.
With such promising developments underway,Miami's future in the luxury condominium sector seems brighter than ever.Whether you're looking to settle in or invest, now might be the perfect time todelve into the Miami real estate market.
