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:

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 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

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

Market Pages