The new luxury towers rising along the coast.
South Florida is in its biggest wave of luxury condominium construction in a generation, much of it branded by hotel groups, car makers and fashion houses. Here are the main projects by county, and how buying before completion works when you live abroad.
West Palm Beach leads, with Boca Raton and Palm Beach Gardens close behind
South Flagler House
Two towers by Related Ross on the Intracoastal, designed by Robert A.M. Stern Architects. 105 residences; reported from $6 million. Source
The Ritz-Carlton Residences
A 27-storey waterfront tower by Related Group and BH Group. Construction began in February 2026; remaining residences reported from $3 million. Source
Mandarin Oriental Residences
87 residences on North Flagler Drive by Great Gulf, designed by Safdie Architects. In sales; reported from $3.5 million. Source
Olara
A 26-storey tower by Savanna on North Flagler Drive, designed by Arquitectonica with interiors by Gabellini Sheppard. Reported from $1.7 million. Source
Residences at The Boca Raton
76 residences at the historic resort, designed by Hart Howerton. Reported from $5 million. Source
The Ritz-Carlton Residences
106 residences in three low-rise buildings on 14 acres of the Intracoastal, by Catalfumo Companies. Source
Pompano Beach and Hillsboro Beach: the new oceanfront
Rosewood Residences
92 residences on 12 acres running from the ocean to the Intracoastal on "Millionaire's Mile", by Related Group and Dezer. Reported from $5.95 million. Source
Waldorf Astoria Residences
A 28-storey oceanfront tower by Related Group and Merrimac Ventures, with no hotel. 92 residences, reported from $2.65 million, and most already sold. Source
The Ritz-Carlton Residences
Two towers by Fortune International and Oak Capital, one on the ocean and one on the Intracoastal. 205 residences. Source
Viceroy Residences
A 45-storey tower in Flagler Village by Naftali Group, designed by Arquitectonica with interiors by Rockwell Group. 251 residences. Source
Sunny Isles to Brickell: branded towers and very small buildings
Bentley Residences
A 62-storey oceanfront tower by Dezer Development with in-residence car elevators. Remaining residences reported from $5.8 million. Source
Rivage
56 residences, no more than three per floor, designed by SOM. Remaining residences reported from about $13 million. Source
Aman Residences
22 residences beside the restored Versailles Hotel, designed by Kengo Kuma, by OKO Group. Source
The Perigon
73 oceanfront residences in Mid-Beach, designed by OMA with interiors by Tara Bernerd. Source
Villa Miami
64 residences on Biscayne Bay by Terra Group, with amenities by Major Food Group. Reported from $5.5 million. Source
619 Brickell by Nobu
A 75-storey tower designed by Foster + Partners. Reported from $3 million. Source
Waldorf Astoria Hotel & Residences
At 1,049 feet, set to be the tallest building in Florida. Source
Prices and completion dates are as publicly reported on the dates of the linked sources and change often. Confirm them with the developer before relying on them. We are not affiliated with these developers.
How pre-construction works when you live abroad
- Deposits in stages
- Developers usually ask for 30% to 50% of the price before completion, paid in three to five stages, for example 10% at signing, 10% at groundbreaking and 10% when the building tops out. The balance is due at closing. Source
- 15 days to change your mind
- Florida law gives every buyer from a developer 15 days after signing, and after receiving all the condominium documents, to cancel in writing and get the deposit back. This right cannot be waived. Florida Statutes §718.503
- How deposits are protected
- The first 10% of the price must be held in escrow by an independent agent. Money above 10% can be used for construction, but only if the contract says so. In practice, the first 10% is protected and the rest may already be in the building. Florida Statutes §718.202
- Stronger buildings, higher fees
- Since the 2021 Surfside collapse, Florida requires structural reserve studies and fully funded reserves for condominium buildings of three storeys or more. New buildings start fully funded, so monthly fees are higher but surprise assessments are less likely. Florida Statutes §718.112
- Financing and resale
- Most pre-construction purchases close in cash or with a loan arranged near completion. Plan for FIRPTA withholding (the U.S. tax held back from a foreign seller's proceeds) when you eventually resell; our seller's guide explains how it works.
Frequently asked questions
How much deposit do Florida pre-construction condos require?
Can I cancel a pre-construction condo contract in Florida?
Are pre-construction deposits protected in Florida?
Where are new luxury condos being built in South Florida?
Planning a move of capital, property or family to South Florida?
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