Miami real estate & condo news
New developments, openings, transit and planning decisions — and what each one means for buyers.
David Chipperfield's Design District Tower: 143 Condos and a Fouquet's Hotel
David Chipperfield's first residential project in Florida brings 143 condos and a Fouquet's hotel to 39 NE 39th Street. Its first listings ask a median $2,120 per square foot.
Mohawk at Wynwood Lands $149M, Led by a C-PACE Loan
Rilea Group closed about $149 million of construction financing for its 300-unit Mohawk at Wynwood rental building, led by a $124.2 million C-PACE loan.
House of Wellness Drops Hotel Plan, Riverbridge Keeps Its Hyatt
House of Wellness Brickell switched from an 832-room hotel to 656 condos in February 2026, while Miami Riverbridge keeps a 615-room Hyatt Regency and adds 1,342 apartments.
Waldorf Astoria Miami: From a 2025 Target to Q2 2028
Florida's first supertall was marketed for 2025 completion. As of August 2026 the superstructure was at level 85, topping out was expected this winter, and completion is targeted for the second quarter of 2028.
Is Brickell Miami's Luxury Condo Hub? What the Sales Show
Brickell is one of Miami's deepest condo markets, but not its luxury capital. Over the 12 months to September 2026 it ranked third for $1 million sales and seventh for $3 million sales.
Review Board Backs OKO's 53-Story LILLI Tower in Edgewater
Miami's Urban Development Review Board recommended approval of LILLI, OKO Group's 117-residence waterfront tower beside Missoni Baia, with a separate eight-story garage and a new stretch of public baywalk.
Vita at Grove Isle Delivers 65 Island Condos in Coconut Grove
Ugo Colombo's 65-residence Vita sits on a private 20-acre island in Coconut Grove. Its first MLS closings came in at a median of $2,479 per square foot, and La Sponda opened at the property in September 2026.
Dade County Courthouse Sale: No Bids, Two Rival Plans
Miami-Dade's auction of the historic courthouse at 73 W Flagler St drew no bids at a $35.41 million minimum. Russell Galbut and Moishe Mana have pitched rival plans.
House of Wellness Brickell: 656 Lodging Units in Pre-Construction
The West Brickell tower launched sales in February 2026 with units from about $390,000. They are lodging units for short or extended stays, which changes how buyers finance and resell them.
JEM Private Residences Rises Past Its Podium at Worldcenter
Naftali Group's 67-story Worldcenter tower finished its podium in February 2026; condos start on floor 43. County deeds from E11EVEN next door show what a delivery looks like.
Coconut Grove's Condo Median Jumps 34% as New Towers Sell
Coconut Grove's median condo sale rose 33.9% to $1,225,000 over the last 12 months while sales fell 9.1%. New buildings drive the prices; supply is tighter than Brickell's.
Edgewater vs Midtown Condos: Sales Up in One, Prices Down
Edgewater closed 467 condo sales in the last 12 months, up 24%, at a steady $604 per sq ft. Midtown closed 89 and its price per sq ft fell 10%.