Shore Club Penthouse Under Contract at $120M
The record-setting deal cements South Beach's position at the top of Miami's ultra-luxury condo market.

World-famous oceanfront living in the heart of Miami's most iconic neighborhood.
From Ocean Drive's Art Deco glamour to exclusive penthouses overlooking the Atlantic, South Beach offers an unrivaled blend of beach lifestyle, culture, and international sophistication.
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South Beach is more than a neighborhood—it is a globally recognized lifestyle destination where Art Deco heritage, pristine oceanfront, and world-class gastronomy converge on a single walkable barrier island. The Art Deco Historic District, a UNESCO-recognized collection of over 800 pastel-hued buildings dating to the 1930s and 1940s, gives the area an architectural character found nowhere else in the United States. Living in South Beach means waking up to panoramic Atlantic Ocean views, strolling to Michelin-starred restaurants like Carbone and Stubborn Seed, and immersing yourself in a cultural calendar headlined by Art Basel Miami Beach, the New World Symphony, and the Faena Theater. Ocean Drive's energy buzzes day and night, yet the residential streets just blocks west offer surprising tranquility and lush tropical landscaping. The real estate market caters to a wide spectrum of luxury buyers. Restored Art Deco boutique condos start under $1 million, while full-floor penthouses in towers like Faena House and The Setai regularly trade above $20 million. South of Fifth (SoFi), the neighborhood's most exclusive pocket, commands some of the highest per-square-foot prices in Florida thanks to its quiet streets, direct beach access, and unobstructed bay-to-ocean views. For international buyers, snowbirds, and creative professionals seeking resort-caliber living paired with genuine urban sophistication, South Beach remains Miami's most iconic address.
Direct beach access with miles of pristine Atlantic coastline.
The world's largest collection of Art Deco architecture, UNESCO-recognized.
World-famous clubs, rooftop lounges, and Ocean Drive energy.
Art Basel, gallery walks, and world-class performing arts.
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| Property Type | Price Range |
|---|---|
| Oceanfront Towers | $2M - $40M+ |
| Art Deco Condominiums | $800K - $3M |
| Boutique Residences | $1.5M - $8M |
| Penthouse Collection | $10M - $60M+ |
The record-setting deal cements South Beach's position at the top of Miami's ultra-luxury condo market.
Restored Art Deco properties on Ocean Drive are commanding 40% premiums over unrenovated units, driven by international buyer demand.
The Faena cultural district is drawing high-net-worth buyers seeking a blend of art, culture, and oceanfront living.
Discover what each of Miami's premier communities has to offer

Iconic oceanfront living

Private island living

Exclusive oceanfront enclave

Island paradise living

Mediterranean elegance

Bayfront estates & charm

Family estates & top schools

Walkable bayfront village
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