Not Many Left — And They Know It
Miami Beach has a hard cap on new high-rise construction. The penthouses that exist today are, in many cases, the last ones that will ever be built on this barrier island. That scarcity drives pricing — and protects your investment.
Right now, the best inventory sits in three pockets:
South of Fifth — The Quietest Money on the Beach
Apogee (67 residences, A-Rod and Pat Riley have owned here), Continuum (12 oceanfront acres, Lenny Kravitz-designed units), and Glass (Rene Gonzalez's first tower). Penthouses here trade quietly, often off-market. If one comes up — move fast.
Mid-Beach — Branded Luxury, Hotel Services Included
1 Hotel & Homes (LEED Silver, eco-luxury by Barry Sternlicht), L'Atelier (40-foot private infinity pool in the penthouse), and W South Beach (Zaha Hadid owned here). Full hotel services — concierge, housekeeping, valet — without the HOA of a traditional condo.
The New Towers — Last Chance at New Construction
Five Park is now the tallest building on the beach at 519 feet. Shore Club's 49 Auberge Collection residences redesigned by Robert A.M. Stern. These are the final wave of new penthouses Miami Beach will see for years.
What Your Penthouse Includes
- Private elevator — direct to your floor, no shared hallways
- Wraparound terraces — 1,000+ sqft of outdoor space is standard at this level
- 12-foot ceilings — floor-to-ceiling glass from ocean to bay
- Five-star services — buildings like The Setai include full hotel concierge
Compare Penthouse Markets
| Miami Beach | Sunny Isles | Brickell | |
|---|---|---|---|
| Entry Price | $1.5M | $1M | $1.5M |
| Views | Ocean + Bay | Direct Ocean | Bay + Skyline |
| Lifestyle | Beach + Nightlife | Quiet Oceanfront | Urban + Dining |
| New Supply | Almost none | Several towers | Active pipeline |
Ready to see what's available? Browse the current inventory below — or contact our team for off-market penthouse opportunities that never hit the MLS.