Miami's current new-development penthouse inventory spans branded full-floor residences in Brickell, Brickell Key, Edgewater, Sunny Isles Beach, and Coconut Grove — with private pools, sky lounges, and double-height ceilings. Pricing typically starts in the $10M range and exceeds $40M for the most prominent residences.
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Overview
New-development penthouses are Miami's most supply-constrained luxury residential product. Most current branded residential towers deliver only one to four penthouse residences per building — full-floor or split-floor estates with private pools, oversized terraces, sky lounges, and ten-to-fourteen-foot ceiling heights. The current pipeline concentrates penthouse supply in branded towers across Brickell, Brickell Key, Edgewater, Sunny Isles Beach, Bal Harbour, and Coconut Grove.
Miami penthouse buyers typically want: full or substantially full-floor residences (>5,000 sq ft); private outdoor amenities (pool, kitchen, lounge); double-height interior ceilings; private elevator entry; and a unique architectural moment within the building. Branded penthouses also typically deliver expanded amenity benefits — private chef service, larger storage and parking allocations, and bespoke finish packages.
Pricing for Miami new-development penthouses currently begins in the $10M range for compact penthouse-floor residences and exceeds $40M for the most prominent full-floor branded penthouses with private pools and sky lounges. Sunny Isles oceanfront penthouses (Bentley Residences and competing branded towers), South Beach South of Fifth product, Brickell Key (Mandarin Oriental), and Coconut Grove (Four Seasons) anchor the top of the market.
Most current new-development penthouses are sold during the pre-construction cycle, with delivery windows between 2026 and 2029. Request current penthouse pricing, floor plans, brochure, and availability via the inquiry form, or request the South Florida New Development Guide for a curated penthouse-only view.