Last verified September 16, 2026. LuxuryDade tracks 73 South Florida pre-construction towers, and my 2026 value pick is Cipriani Residences (from $1.8M), topped out at roughly 950 feet in July 2026 for a Summer 2027 delivery, per PROFILEmiami. St. Regis Brickell (from $2.8M, Q4 2027) leads ultra-luxury; Waldorf Astoria (from $3.15M, Q2 2028) leads branded scarcity; Edgewater leads waterfront value. Confirm every delivery date in the developer's offering plan first.
Updated September 16, 2026. Every December a buyer asks me the same question: of all the new towers going up in Miami, which ones are actually worth a deposit right now? This is my answer for 2026, and I re-check the construction status every month. I ranked 12 active pre-construction projects the way I rank them for paying clients, by what each one is best at rather than by a single score, because a $2.8M Brickell trophy and a $1.8M Cipriani unit are not competing for the same buyer. Two moves define this re-verification: Waldorf Astoria reached its 85th floor on August 31, 2026 inside the ninth and final cube, with topping out expected later this fall and 90 percent of its 387 residences under deposit from $3.15 million, per Palm Beach Daily News, while Cipriani holds its full 950-foot height ahead of a Summer 2027 delivery, per PROFILEmiami. Every price, delivery date, and developer below comes from the developer's offering plan and the MIAMI REALTORS July 2026 statistics release, not from a sales brochure.
Before you pick a tower off this list, settle the prior question: is Miami pre-construction a good investment in 2026 for your timeline and liquidity. That verdict page runs the deposit math and the developer risk that decide whether any of these towers belong in your portfolio.
How I Ranked the Best Miami Pre-Construction Condos for 2026
I do not believe in a single best building, and any list that hands you one is selling something. A trophy buyer with $5M and a first-time investor with $600K need opposite answers. So I ranked these 12 active projects across four buckets, ultra-luxury trophy, best value, fastest delivery, and best waterfront, and I weighed the same four things in each: developer track record and balance sheet, price per square foot against true comps, deposit and escrow structure, and a realistic delivery date rather than the optimistic one on the brochure. The table below is the field at a glance. The sections after it are where I tell you who each tower is actually for.
Skip the glossy 2026 renderings and look at who is building it. The developer's track record tells me more about delivery and resale than any amenity list ever will.
| Project | Neighborhood | From | Est. Delivery | Developer |
|---|---|---|---|---|
| St. Regis Residences Brickell | Brickell | $2,800,000 | Q4 2027 | Related Group / Integra |
| Cipriani Residences | Brickell | $1,800,000 | Summer 2027 | Mast Capital |
| Bugatti Residences Miami | Brickell | Not published | Sales launch 1H 2027 | Prosper Group / Versluys Group |
| Baccarat Residences | Brickell | $1,800,000 | Early 2028 | Related / GTIS |
| Waldorf Astoria Residences | Downtown | $3,150,000 | Q2 2028 | PMG / Greybrook |
| Kempinski Residences Miami Design District | Design District | $3,700,000 | Q4 2029 | DaGrosa Capital |
| Miami Design Residences by Fouquet's | Design District | $1,800,000 | 2030 | Raycliff / Fort Partners |
| Mercedes-Benz Places | Brickell | $750,000 | 2028, delayed from 2027 (developer in foreclosure suit, Apr 2026) | JDS Development |
| Bentley Residences | Sunny Isles | $5,800,000 | 2028 | Dezer Development |
| The St. Regis Residences, Sunny Isles Beach | Sunny Isles | $5,000,000 | 2028 | Fortune International Group & Château Group |
| Villa Miami | Edgewater | $4,500,000 | Late 2027 | Terra / Major Food Group |
| Edition Residences Edgewater | Edgewater | $1,700,000 | September 2029 | Two Roads Development |
| Rivage Bal Harbour | Bal Harbour | $7,000,000 | 2027 | Related / Two Roads |
| ONE Park Tower by Turnberry | North Miami | $985,000 | Delivered 2026 | Turnberry |
| Nexo Residences | North Miami Beach | Contact for availability | Delivered 2026 | Fortune International Group |
| Aria Reserve | Edgewater | $750,000 | South Tower delivered 2025, North Tower 2026 | Melo Group |
Best Ultra-Luxury Trophy: St. Regis Brickell, Bentley, and Baccarat
If budget is not the constraint and you want the unit that holds its name value through any cycle, this is the tier. St. Regis Residences Brickell is my top trophy pick: 152 residences from $2.8M with a Q4 2027 delivery, developed by Related Group and Integra Investments on the Brickell waterfront. Its two-story Charles Penthouse went under contract at $47 million in the summer of 2026, carrying the tower past 80 percent sold, per PROFILEmiami. Bentley Residences in Sunny Isles starts at $5.8M for an oceanfront 63-story tower with the patented car elevator system, delivering 2028 from Dezer Development. Baccarat Residences, a 75-story Related and GTIS tower on the Miami River, starts at $1.8M for a 900-square-foot one-bedroom and extends past $32M in the penthouse collection; as of March 2026 its decking had reached the 40th floor on the way to a roughly 835-foot apex, with completion expected in early 2028, per Florida YIMBY. All three carry deep-pocketed developers, which in this tier matters more than the finish package, because the risk in trophy product is not taste, it is a developer who runs short of capital at floor 50. If bay and river exposure is your priority, my guide to waterfront condos in Brickell compares these towers by view orientation and price tier.
Best Value: Cipriani and Waldorf Astoria (and Why I Now Flag Mercedes-Benz Places)
Value in pre-construction is not the lowest price, it is the most building per dollar from a developer who will finish it, and that last clause matters more in September 2026 than it did in the spring. Cipriani Residences is my value leader now: from $1.8M it reached its full 950-foot height in July 2026 as the tallest residential tower south of Manhattan, a 397-residence Mast Capital tower now past 80 percent sold and pointed at a Summer 2027 delivery, per PROFILEmiami, so the delivery risk that scares buyers off pre-construction is largely behind it. For branded scarcity, Waldorf Astoria Residences was building on its 85th floor as of August 31, 2026, inside the ninth and final cube, with topping out of the 1,049-foot tower expected later this fall and deposits on 90 percent of its 387 residences from $3.15 million, per Palm Beach Daily News. Completion is targeted for Q2 2028, not the 2027 date some older listings still show. I have to flag one former favorite: Mercedes-Benz Places, a 791-residence tower priced from $750,000 to about $4 million, is the accessible entry on paper, but Cottonwood Group moved to foreclose on the JDS affiliate over a loan of more than $100 million in April 2026, per The Real Deal, and the previously expected 2027 delivery has since slipped to 2028. Until that resolves, I would not put a deposit there without careful escrow and legal review.
Best Waterfront Value: Edgewater (Villa Miami, Edition, Aria Reserve)
This is where I send most price-sensitive luxury buyers in 2026, and the math is the reason. The wider New Construction Miami-Dade 2026 guide puts this submarket next to Brickell, Downtown, Sunny Isles, and Coral Gables. Edgewater buys direct Biscayne Bay frontage for meaningfully less per square foot than comparable Brickell product. That spread is my own read from the units I price for clients, not a published index, so treat it as judgment and check it against the specific stack you are considering. Villa Miami is the trophy of the neighborhood, a 56-story Terra and Major Food Group tower of just 70 half-floor and full-floor residences from $4,500,000, delivering late 2027, with Carbone dining and a residents-only wine room that have no equal on the waterfront. EDITION Residences Edgewater from Two Roads brings 185 hotel-branded residences from $1.7 million, but it is no longer a near-term delivery: after settling with the Biscayne 21 holdout owners for about $50 million, Two Roads told the Miami Herald the tower is now targeted to finish in September 2029. And at Aria Reserve from Melo Group the South Tower delivered in 2025 while the North Tower was reported nearly complete for a second-quarter 2026 delivery, per Florida YIMBY, across a 792-residence twin-tower community. A buyer can tour a finished sister tower before committing, a rare luxury in this segment. My Edgewater pre-construction guide walks the full neighborhood, and the Q1 2026 market report documents the Brickell spread in detail.
Fastest Delivery: What Closes in 2026 and 2027
If your timeline matters more than locking the absolute lowest price, the near-term deliveries deserve their own ranking, because a 2026 close means you stop paying rent two years sooner and you remove most of the construction-delay risk that sits inside an early-2028 project. The leaders here are Rivage Bal Harbour (2027), a 24-story Related and Two Roads oceanfront tower of 56 residences, and Cipriani Residences (Summer 2027), which has already topped out at roughly 950 feet, so its keys are closer than any early-2028 project on this list. One revision worth knowing: EDITION Residences Edgewater was originally a 2026 delivery story, but after the Biscayne 21 settlement Two Roads told the Miami Herald it is now targeted to finish in September 2029, so it is no longer a near-term option at all. Below is how the near-term field compares against the trophy projects that deliver later. For the other end of the calendar, the towers announcing 2030 and 2031 deliveries, I walk through what a six-figure deposit actually costs you while you wait.
| Project | Best For | From | Est. Delivery | Delay Risk |
|---|---|---|---|---|
| Rivage Bal Harbour | Near-term oceanfront | $7,000,000 | 2027 | Low |
| Cipriani Residences | Tallest-tower value | $1,800,000 | Summer 2027 (topped out roughly 950 ft) | Low |
| Edition Edgewater | Branded value | $1,700,000 | September 2029 (revised 2026) | Higher |
| Waldorf Astoria | Branded scarcity | $3,150,000 | Q2 2028 | Moderate |
| St. Regis Brickell | Ultra-luxury trophy | $2,800,000 | Q4 2027 | Moderate |
| Baccarat | Branded high-rise | $1,800,000 | Early 2028 | Higher |
| Villa Miami | Waterfront trophy | $4,500,000 | Late 2027 | Moderate |
| Jean-Georges Miami Tropic Residences | Midtown / Design District | $1,600,000 | 2028 | Higher |
"The biggest mistake I see is a buyer picking a tower off a list of best buildings without naming what they actually want from it. A trophy and a value play are not interchangeable. Tell me whether you want the name on the door, the lowest price per foot, or the fastest keys, and I will give you a different top pick for each."
Gerardo Gonzalez, Licensed Real Estate Agent at Compass
Best Pre-Construction by Neighborhood Beyond Brickell
Brickell and Edgewater dominate the headlines, but the strongest 2026 launches are spread across the metro, and the right pick depends on which submarket fits your goal. Wider MLS coverage now feeds those cross-submarket comparisons, a shift I explain in how the MIAMI REALTORS listing-network merger affects buyers. Here is my ranked read of the best new construction outside the Brickell core, each one I track building by building.
Best in Coconut Grove: THE WELL and The Lincoln. The Grove almost never gets new condos, so two boutique launches in one cycle is the story. THE WELL, from Terra, broke ground January 2026 on a 194-unit wellness-branded building at 2835 Tigertail, the first of its kind in the neighborhood. The Lincoln, from LORE Development Group and Element Development, started in June 2026 with just 48 residences at 2650 Lincoln Avenue. Small, finished high, and already moving, which is exactly what scarce-supply Grove product should be.
Best in Coral Gables: Ponce Park Residences. Coral Gables is one of the lowest-supply luxury submarkets in Miami-Dade, where boutique condos rarely come to market. The Allen Morris Company is building 58 residences across 11 floors at 3000 Ponce de Leon Boulevard, directly across from Ponce Circle Park, with interiors by Meyer Davis. For a buyer who wants Gables address scarcity rather than a Brickell skyline, this is the pick.
Best oceanfront trophy: Six Fisher Island and The Perigon. Six Fisher Island delivers 50 residences on 6.5 acres in zip code 33109, the wealthiest in America, priced from $15.5M by Related Group, BH Group, and Globe Invest. If your budget tops the trophy tier, nothing on this list is more exclusive. For a brand-new building directly on the Miami Beach sand, The Perigon holds just 73 residences at 5333 Collins Avenue, designed by OMA, the firm founded by Pritzker laureate Rem Koolhaas.
Best Bal Harbour oceanfront value: Rivage Bal Harbour. Rivage rises on the last three oceanfront acres in Bal Harbour at 10245 Collins Avenue, 56 residences across 24 stories designed by SOM with Rottet Studio interiors for Related Group and Two Roads Development. Pricing starts at $7,000,000 for roughly 3,284 square foot homes, delivering 2027, which makes it one of the nearest-term oceanfront keys on this entire list. My full new development pipeline tracks every one of these projects.
Construction Cost and Rate Pressure on 2026 Launch Pricing
Three macro inputs are pushing developer launch pricing higher right now, and buyers who understand the math negotiate harder. Tariffs on imported metals have pushed the cost of structural aluminum and steel up sharply, and glass, curtain wall systems, and elevator equipment are exposed to the same input cost pressure. Developers building new towers in Brickell, Edgewater, and Sunny Isles are absorbing some of that cost and passing the rest through in launch pricing. I am not going to attach a percentage to that pass-through, because no public index measures Miami pre-construction launch pricing, and any figure you see quoted for it is an estimate somebody made up.
Financing cost is the second pressure. Construction loan carry is materially more expensive than it was during the 2021 launch wave, which shows up in launch pricing and in how little developers are willing to discount. The third pressure is capital access, and it is not theoretical: JDS Development, behind two of the towers on this list, was in the middle of more than 15 lawsuits including a foreclosure over Mercedes-Benz Places when The Real Deal profiled it in August 2026. Slower pre-sale velocity is what forces a developer to scale scope or postpone a launch. The practical takeaway: if you sign a contract at 2026 launch pricing for a 2028 delivery, you are locking in today's tariff-inflated material costs at today's price, then taking delivery into what most rate forecasts now project as a more accommodative environment. That is the historical pre-construction edge, restated for 2026 conditions. My true cost of owning a Miami luxury condo breakdown and the active new development pipeline give you the comparison set to run the same math on each project.
Why Florida SB-4D Reserve Law Actually Favors Pre-Construction Buyers in 2026
Most coverage of Florida Senate Bill 4-D focuses on the cost burden it placed on aging condo associations, and that burden is real. According to the Florida Department of Business and Professional Regulation, the law eliminated waivable structural reserves effective December 31, 2024 for buildings 3 stories or taller. In my own practice the older Miami towers I look at are issuing structural special assessments in the tens of thousands of dollars per unit, and the worst combined roof, concrete, and waterproofing projects run into six figures per unit. That is what I see deal by deal, not a published statistic, so confirm the actual assessment on any building you are comparing. That is the resale market's problem, and it should pull negotiating leverage back to buyers who can stomach the assessment math.
It also creates a quiet structural advantage for pre-construction. A new tower delivering in 2026 or 2027 starts with a zero reserve liability. The first reserve study is conducted under current code, contributions are funded under SB-4D rules from day one, and there is no 30 year backlog of deferred concrete or roof work waiting to be assessed against early owners. Florida House Bill 913 in 2025 further tightened developer deposit escrow standards and expanded buyer rights inside the rescission window, which I view as a net positive for first-time pre-construction buyers. Before you commit a deposit, walk through my SB-4D complete guide and my condo financial health checklist so you can compare the actual reserve trajectory of any new building against the resale stock you might be considering.
What Changed in Miami Pre-Construction Between Q1 and September 2026
The Q1 2026 picture is no longer the full picture. Start with the number that moved most. According to the MIAMI REALTORS July 2026 statistics release published August 17, 2026, Miami-Dade sales of $1 million and above rose 15.5 percent year over year in July, from 341 to 394, while existing condo sales rose 11.4 percent to 1,026 and the countywide existing condo median eased 1.48 percent to $400,000. The same release reports international buyers at 49 percent of new construction sales, which is the single most relevant figure on this page for anyone weighing a branded tower. So the top of the market is growing while the countywide median drifts down: that is a change in what is selling, not a repricing of new product.
Second, supply is tightening rather than loosening. Miami-Dade condo inventory fell 11.79 percent year over year in July 2026, from 12,838 to 11,324 listings, a sixth consecutive monthly decline and the first sustained run of declines since July 2023, per the same MIAMI REALTORS release. Third, two delivery dates on this list moved and both moved later: EDITION Edgewater to September 2029, per the Miami Herald, and Mercedes-Benz Places from 2027 to 2028 while its developer works through litigation reported by The Real Deal. My Q1 2026 Miami pre-construction market report holds the quarterly detail, and I still route most price-sensitive luxury buyers toward Edgewater pre-construction rather than Brickell.
Complete Delivery Timeline: Every Tracked Building by Year
This is the full delivery map across every pre-construction tower I track, using each developer's stated completion estimate as published on the individual building pages (last reviewed September 2026). Pre-construction dates move; when a developer revises a date, the building page and this table get updated, not quietly left stale. Nine additional tracked projects have not published a completion target yet and are listed in the directory below without a year.
The Full Directory: All 73 Pre-Construction Buildings I Track
Every building below has its own full page with pricing, floor plans, amenities, developer track record, and my honest read on who it fits. Facts shown are as stated on each building page.
- The Residences at 1428 Brickell, Prices, Floor Plans & Pre-C: 70 stories, delivery 2026
- Arbor Residences Coconut Grove: 45 residences, five stories, from $1.8 million, Certificate of Occupancy 2026 (Coconut Grove)
- Mr. C Residences Boca Raton: 12 stories, 133 residences, from $1.7 million, delivery not yet published
- 600 Miami WorldCenter, Prices, Floor Plans & Pre-Constructio: 32 stories, 606 residences, $400,000 to $849,000, delivery 2026
- 619 Brickell, Nobu Residences: 75 stories, 296 residences, delivery ~2031
- Anantara Residences Miami: 50 stories, 100 branded condos + 120 resort residences, delivery 2030
- Andare Residences by Pininfarina: 46 stories, 163 residences, most $2M to $5M, delivery 2027 (Las Olas, Fort Lauderdale)
- Aria Reserve Miami, Prices, Floor Plans & Pre-Construction D: 62 stories, 792 residences across twin towers, South Tower delivered 2025, North Tower 2026
- Baccarat Residences Brickell, Prices, Floor Plans & Pre-Cons: 75 stories, 360 residences, delivery early 2028
- Banyan Tree Residences West Palm Beach: 26 stories, 88 residences, from $1.9 million
- Bentley Residences Sunny Isles Beach, Prices, Floor Plans & : 63 stories, 216 residences, delivery 2028
- The St. Regis Residences, Sunny Isles Beach: 62 stories, 320 residences across two towers, delivery 2028 and 2029
- Cipriani Residences Miami, Prices, Floor Plans & Pre-Constru: 80 stories, 397 residences, from $1,800,000, topped out at roughly 950 ft, delivery Summer 2027
- Colette Residences South Brickell: 38 residences, delivery summer 2028
- Cora Merrick Park: 12 stories, delivery 2028
- DELANO Residences Miami, Prices, Floor Plans & Pre-Construct: 90 stories, delivery 2030
- Dolce & Gabbana Residences Miami (888 Brickell), Prices, Flo: 90 stories, 259 residences, construction not yet begun and no delivery date published
- E11even Residences Miami: 65 stories
- Edge House Residences, Prices, Floor Plans & Pre-Constructio: 57 stories, 608 residences, delivery 2028
- EDITION Residences Edgewater, Prices, Floor Plans & Pre-Cons: 55 stories, 185 residences, from $1,700,000, delivery September 2029 (revised)
- Faena Residences Miami, Prices, Floor Plans & Pre-Constructi: 68 stories, 440 residences, delivery 2029
- Four Seasons Coconut Grove: 20 stories, 70 residences, delivery mid-2028
- Frida Kahlo Wynwood Residences
- Cloud One Residences Wynwood: 8 stories, 85 residences, delivery 2028 (Wynwood, Miami)
- DUOS Wynwood: 8 stories, 49 hotel condominiums, delivery 2028 (Wynwood, Miami)
- Havana Enclave Little Havana: 8 stories, delivery late 2026
- HQ Residences Miami: 35 stories, delivery 2028
- LILLI Edgewater Miami: 53 stories, 117 residences
- LOFTY Brickell, Prices, Floor Plans & Pre-Construction Detai: 44 stories, 362 move-in-ready residences, from $500,000, delivery end of 2027
- Mandarin Oriental Residences Miami, Prices, Floor Plans & Pr: 80 stories, 220 residences, delivery 2029
- Eden Residences Ojus: 10 stories, 32 residences, delivery late 2027 (Ojus, Aventura)
- Mercedes-Benz Places Miami, Prices, Floor Plans & Pre-Constr: 67 stories, 791 residences, $750,000 to about $4,000,000, delivery 2028 (delayed from 2027)
- LEV at Aventura: 10 stories, 32 residences, delivery early 2028 (Ojus, Aventura)
- 72 Carlyle Miami Beach: 20 stories, 134 residences, delivery late 2028 (North Beach, Miami Beach)
- NoBe Parc Miami Beach: 15 stories, delivery late 2028
- The Shore Club Private Collection: 18 stories, 49 residences, under construction (South Beach, Miami Beach)
- 2200 Brickell: 5 stories, 103 residences, completed July 2026 (Brickell)
- Icon Beach Waterfront Residences: 38 stories, 350 residences, delivery 2028 (Hollywood)
- ONE Park Tower by Turnberry: 33 stories, 292 residences, delivered 2026 (SoLe Mia, North Miami)
- Oasis Hallandale Beach, Prices, Floor Plans & Pre-Constructi: 25 stories, 500 residences, delivery 2026
- Okan Tower: 72 stories, 902 ft, 163 Sky Residences, delivery 2028
- Olara Residences West Palm Beach, Prices, Floor Plans & Pre-: 26 stories, delivery Q4 2026
- South Flagler House: two 28-story towers, 105 residences, from $7,980,000, delivery 2027 (West Palm Beach)
- Maison d'Or West Palm Beach: 19 stories, 39 residences, from $5,700,000, delivery date not yet published (West Palm Beach)
- Edgeworth West Palm Beach: two 28-story towers, 184 residences, from $5,500,000, delivery date not yet published (West Palm Beach)
- One Twenty Brickell Signature Residences: 40 stories
- Palm Tree Residences Miami: 37 stories
- Palma Miami Beach: 14 stories
- 7200 Collins: 222 furnished residences, 12 stories, delivery late 2027
- Ocean Terrace Residences: 76 residences across two towers, delivery 2029
- Ponce Park Residences Coral Gables: 58 residences, delivery Q4 2027
- Seventeen Gables Residences Coral Gables: 120 residences, 8 floors, from the mid-$600,000s
- Rivage Bal Harbour: 24 stories, 56 residences, from $7,000,000, delivery 2027
- Rosewood Residences Hillsboro Beach: 92 residences, from $5.95 million, topped out February 2026
- Salato Pompano Beach: 10 stories, 40 residences, completed and ready for occupancy
- Shorecrest West Palm Beach, Prices, Floor Plans & Pre-Constr: 28 stories, delivery 2028
- Six Fisher Island, Prices, Floor Plans & Pre-Construction De: 50 residences, $15,500,000 to $31,500,000, delivery 2026
- St Regis Residences Miami, Prices, Floor Plans & Pre-Constru: 50 stories, 152 residences, from $2,800,000, delivery Q4 2027
- The Cove Residences Edgewater: 40 stories, 134 residences, delivery 2028
- Surf Row Residences Surfside: 24 residences, from $1.4M, delivery 2027
- The Delmore Surfside: 12 stories, delivery 2029
- The Lincoln Coconut Grove: delivery Q3 2028
- The Perigon Miami Beach: 17 stories, 73 residences
- The Standard Residences Brickell: 45 stories, delivery 2027
- THE WELL Coconut Grove
- TwentySixth & 2nd Wynwood Residences
- Villa Miami Residences, Prices, Floor Plans & Pre-Constructi: 56 stories, 70 residences, from $4,500,000, delivery late 2027
- Vita at Grove Isle: 65 residences, 2,400-6,500 sq ft, completed 2025 (Coconut Grove)
- Waldorf Astoria Residences Miami, Prices, Floor Plans & Pre-: 100 stories, 387 residences, from $3,150,000, 85th floor as of August 2026, delivery Q2 2028
- Jean-Georges Miami Tropic Residences: 49 stories, 338 residences, delivery 2028
- Pagani Residences North Bay Village: 30 stories, 70 all-corner residences, from $3.9 million, delivery not yet published
- Ziggurat Coconut Grove: 3 stories, 19 residences, $3.5 million to $15 million, delivery early 2028
Ready to start your pre-construction purchase? Contact Gerardo Gonzalez at (305) 964-8614 for a personalized consultation, and browse the full active new development pipeline to compare every tower on this list.