PROPERTYSPARK ARTICLE

Best Investment in Miami Real Estate: Luxury Pre-Condos

Miami’s skyline continues to reach new heights, with luxury pre-construction condominiums taking over the ever-evolving landscape of real estate investments. Promising a fusion of sophistication, exclusivity, and unparalleled returns, branded residences like the St. Regis Sunny Isles, Bentley Residences, or Edition Edgewater are now the future crown jewels of the city’s real estate landscape.

Here, we explore the advantages, cutting-edge features, and all-encompassing allure that make luxury pre-condos the best investment in Miami’s real estate scene.

Are Miami Pre-Construction Condos a Smart Investment?

Investing in Miami pre-construction condos is a brilliant financial move for several compelling reasons. Firstly, it offers the unique advantage of acquiring a brand-new residence, meticulously tailored to incorporate the latest amenities and cutting-edge designs. By investing early in the development phase, you not only secure a residence that reflects cutting-edge trends, but you also gain the ability to personalize it according to your preferences.

Beyond the lifestyle appeal, there are financial advantages, too. Acquiring a property at a competitive price before more buyers start looking into it allows investors to capitalize on exclusive pricing during the initial phases of development while maximizing the potential for future appreciation. This is confirmed by the latest data from the MIAMI Association of Realtors and MLS system, which shows that the market has been experiencing consecutive home price appreciation for over 12 years. Moreover, condo median prices indicated an increase of 9.48% year-over-year in December 2023.

Finally, investing in Miami pre-construction condos transcends the mere act of acquiring a new build – it’s also a strategic move that yields steady rental income. It consistently ranks among the top cities in the world for tourists, New Yorkers, and millennials, with locations like Coconut Grove, Brickell, and Key Biscayne offering lucrative rental prospects when renting through a real estate company. Buying a condo in these emerging neighborhoods, especially a newly constructed one, is more than an enticing opportunity to capitalize on Miami’s allure.

Pre-Construction Condo Opportunities in Miami

The St. Regis Sunny Isles

Developers: Fortune International Group and Chateau Group

Location: 18801 Collins Ave, Sunny Isles Beach, FL 33160, US

Expected Completion: 2027

The St. Regis Sunny Isles Residences in Sunny Isles Beach, Miami, designed by Arquitectonica, epitomize ultra-luxury living in two 62-story waterfront towers spreading across 4.7 acres of land, with 435 linear feet of Miami oceanfront. This residential complex will have a total of 374 residences. The first tower will feature 194 residences, and the second 180.

The condo units of the South and North towers will offer a variety of living spaces, ranging from two to five bedrooms, equivalent to 2,000 to 5,600 square feet. For those seeking unparalleled luxury, the Sky Villas and penthouses boast an even more impressive size, with living spaces exceeding 10,000 square feet.

The amenities of this residential complex are nothing short of spectacular, encompassing 70,000 square feet of luxurious features that redefine contemporary living. A grand entry driveway sets the tone for sophistication, leading to a 2-story porte-cochere and an equally impressive 2-story lobby that welcomes residents and guests in style.

The commitment to service is evident through the availability of concierge services, catering to residents’ needs and enhancing the overall living experience. For those with furry companions, pet-friendly amenities provide a thoughtful touch, allowing all members of the family to feel at home. Notably, the management of the property is entrusted to the esteemed St. Regis Hotel Company, ensuring impeccable service and attention to detail, even though the complex operates independently from hotel premises.

Bentley Residences

Developers: Dezer Development & Sieger Suarez Architects

Location: 18401 Collins Ave #2420, Sunny Isles Beach, FL 33160, US

Expected Completion: 2026

The inaugural residential project, bearing the esteemed Bentley name, aims to become the tallest residential tower along any US beachfront. Nestled in Sunny Isles Beach, Florida, this 61-story development, expected to conclude in 2026, boasts 216 residences with panoramic views of the Atlantic Ocean and Intracoastal waterways.

A collaboration between Bentley, Sieger Suarez Architects, and Dezer Development, the design emphasizes seamless indoor-outdoor living, featuring floor-to-ceiling windows, expansive balconies with private heated pools, and a patented car elevator, the “Dezervators.” Bentley Residences prioritizes design excellence, attention to detail, and sustainability, incorporating locally sourced materials and environmental certifications. Prospective buyers can explore the project at the on-site sales gallery in Sunny Isles Beach.

EDITION Edgewater

Developers: Two Roads Development

Location: 2121 N Bayshore Dr, Miami, FL 33137, US

Expected Completion: 2026

Scheduled for completion in Q4 2026, EDITION Edgewater is a 55-story glass tower envisioned by Bernardo Fort-Brescia and developed by Two Roads. This super-luxury waterfront condominium is a modernist icon curated by Studio Munge.

Comprising 185 residences, each blending contemporary luxury with Miami’s natural beauty, the property boasts 45,000 square feet of amenities. These include direct Miami Baywalk access, a three-story lobby, a library, social lounges, a rooftop pool, a cinema, a fitness center, a yoga studio, and a spa. With a focus on resident well-being, offerings extend to gourmet dining, children and teen rooms, luxury guest suites, a boardroom, and environmental sustainability initiatives such as electric vehicle charging stations.

Bottom Line

Miami’s luxury pre-construction condos are a testament to the city’s evolving skyline and a strategic pinnacle in real estate investments. The allure of branded residences like the St. Regis Sunny Isles or the Bentley Residences encapsulates the fusion of sophistication, exclusivity, and unparalleled returns. Investing in Miami pre-construction condos isn’t merely about acquiring a new home – it’s a visionary move that intertwines lifestyle and financial prudence.