The best Miami pre-construction condos for 2026 split by goal: St. Regis Brickell (from $4.6M) leads ultra-luxury, Cipriani ($1.1M) leads tallest-tower value, and Edgewater leads waterfront value at $800 to $1,100 per square foot, 25 to 35 percent below Brickell, per Miami Realtors data. I am steering most price-sensitive luxury buyers to Edgewater and Mercedes-Benz Places, where sub-$1M entry still buys branded product. Confirm each delivery date in the developer's offering plan before you commit a deposit.

Best Miami pre-construction luxury condo towers lit up along the Brickell skyline over Biscayne Bay at night in 2026
Branded product above $1M still posted 12 to 18 percent year-over-year gains through April 2026, per Miami Realtors data.

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. 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 $4.6M Brickell trophy and a $550K Mercedes-Benz Places unit are not competing for the same buyer. Every price, delivery date, and developer below comes from the developer's offering plan and Miami Association of Realtors data, not from a sales brochure.

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.

ProjectNeighborhoodFromEst. DeliveryDeveloper
St. Regis Residences BrickellBrickell$4,600,000Q4 2027Related Group / Integra
Cipriani ResidencesBrickell$1,100,0002028Mast Capital
Baccarat ResidencesBrickell$1,800,000Early 2028Related / GTIS
Waldorf Astoria ResidencesDowntown$1,100,000Q1 2027PMG / Greybrook
Mercedes-Benz PlacesBrickell$550,0002026-2028JDS Development
Bentley ResidencesSunny Isles$4,200,0002027-2028Dezer Development
Villa MiamiEdgewaterBy requestQ2 2028Terra / Major Food Group
Edition Residences EdgewaterEdgewaterBy request2026Two Roads Development
Rivage Bal HarbourBal HarbourBy request2026Related / Two Roads
Aria ReserveEdgewater$750,000Delivered 2025Melo 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 at a $4.6M starting price and a Q4 2027 delivery, developed by Related Group and Integra Investments on the Brickell waterfront. Bentley Residences in Sunny Isles starts at $4.2M for an oceanfront 63-story tower with the patented car elevator system, delivering 2027 to 2028 from Dezer Development. Baccarat Residences, a 75-story Related and GTIS tower on the Miami River, starts at $1.8M and reaches into eight-figure penthouses, with early 2028 completion. 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: Mercedes-Benz Places and Waldorf Astoria

Value in pre-construction is not the lowest price, it is the most building per dollar from a developer who will finish it. Mercedes-Benz Places is the single most accessible branded entry on this list at roughly $550,000, a 67-story JDS Development tower in Brickell delivering across 2026 to 2028. For branded value at a slightly higher floor, Waldorf Astoria Residences is the standout: at an average near $1,500 per square foot, it is the lowest cost-per-foot trophy branded residence in the current cycle, a 100-story PMG and Greybrook supertall starting around $1.1M with Q1 2027 delivery. I put more first-time luxury buyers into these two than any others, because they let a buyer hold a branded asset without stretching into the $4M-plus tier.

Miami waterfront skyline with luxury condo towers and a yacht marina, the Brickell and downtown pre-construction corridor in 2026
Waldorf Astoria averages near $1,500 per square foot, the lowest cost-per-foot branded residence in the current cycle.

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. Edgewater pre-construction prices in the $800 to $1,100 per square foot range with direct Biscayne Bay frontage, roughly a 25 to 35 percent discount to comparable Brickell product, per Miami Realtors data. Villa Miami is the trophy of the neighborhood, a 55-story Terra and Major Food Group tower of just 64 residences delivering Q2 2028, with a Carbone-branded lifestyle that has no equal on the waterfront. Edition Residences Edgewater from Two Roads brings 185 hotel-branded residences to completion in 2026, one of the nearest-term branded deliveries on this entire list. And Aria Reserve from Melo Group already delivered its twin-tower 792-residence community in 2025, which means a buyer can tour the finished product 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.

Miami Edgewater and downtown skyline with new condo towers and construction cranes rising over Biscayne Bay in 2026
Edgewater pre-construction prices 25 to 35 percent below comparable Brickell product, per Miami Realtors data.

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 (2026), a 24-story Related and Two Roads oceanfront tower of 61 residences, and Waldorf Astoria Residences (Q1 2027). One revision worth knowing: Edition Residences Edgewater was originally a 2026 delivery story, but The Real Deal reported in May 2026 that its completion target moved to summer 2028, so I no longer put it in the near-term bucket. Below is how the near-term field compares against the trophy projects that deliver later.

ProjectBest ForFromEst. DeliveryDelay Risk
Rivage Bal HarbourNear-term oceanfrontBy request2026Low
Edition EdgewaterBranded valueBy requestSummer 2028 (revised May 2026)Higher
Waldorf AstoriaBranded value$1,100,000Q1 2027Moderate
St. Regis BrickellUltra-luxury trophy$4,600,000Q4 2027Moderate
BaccaratBranded high-rise$1,800,000Early 2028Higher
Villa MiamiWaterfront trophyBy requestQ2 2028Higher

"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. 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, 61 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 2026, 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. According to Bureau of Labor Statistics producer price index data for the 12 months ended January 2026, aluminum mill shapes are up 33 percent and steel mill products are up 20.7 percent, driven largely by current US tariffs on imported metals. Glass, curtain wall systems, and elevator equipment are exposed to the same input cost spiral. Developers building new towers in Brickell, Edgewater, and Sunny Isles are absorbing some of that cost and passing the rest through in launch pricing, which is part of why per square foot prices on 2026 launch projects are 8 to 14 percent above what comparable 2024 launches asked.

Federal Reserve policy is the second pressure. The Fed has held the federal funds target above 6 percent through early 2026, which raises every developer's construction loan carry cost and trickles through to launch pricing and incentive packages. The third pressure is absorption velocity. According to industry reporting in Miami Today, slower pre-sale velocity on weaker projects is pushing financing timelines and forcing some developers to scale scope or postpone 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. Miami towers built between 1975 and 1995 are now issuing structural special assessments in the $30,000 to $75,000 per unit range, with some combined roof, concrete, and waterproofing projects exceeding $100,000 per unit. 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.

Miami downtown and Brickell luxury condo towers viewed across Biscayne Bay, the 2026 pre-construction skyline
A 2026 or 2027 delivery starts with zero reserve liability under SB-4D, unlike towers built between 1975 and 1995.

What Changed in Miami Pre-Construction Between Q1 and June 2026

The Q1 2026 picture is no longer the full picture. Three shifts over the past 60 days are reshaping how I price units for clients today. First, new-launch inventory remains tight: most active towers have already absorbed 60 to 80 percent of inventory before topping off, which is forcing late-arriving buyers into less desirable stacks or higher floor premiums. Second, resale inventory across Miami-Dade has climbed to roughly 17 months of supply by traditional buyer's market metrics, according to Miami Realtors May 2026 data. That divergence between tight new construction and loose resale is unusual, and it favors pre-construction buyers who plan to hold the unit past delivery rather than flip an existing condo.

Third, neighborhood spreads have widened. Edgewater pre-construction is pricing in the $800 to $1,100 per square foot range with direct waterfront exposure, which is roughly a 25 to 35 percent discount to comparable Brickell product. My Q1 2026 Miami pre-construction market report documents the spread, and I now route most price-sensitive luxury buyers toward Edgewater pre-construction rather than Brickell. The luxury segment above $1 million still posted 12 to 18 percent year-over-year gains through April, which is why I do not see pricing softness on branded product inside Brickell, Sunny Isles, or Bal Harbour.

Illuminated Venetian Causeway over Biscayne Bay with the downtown Miami condo skyline at night in 2026
Branded product above $1M held 12 to 18 percent year-over-year gains through April 2026, per Miami Realtors data.

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 July 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.

Delivery yearBuildings (developer-stated estimates as of July 2026)
2026600 Miami WorldCenter, Prices, Floor Plans & Pre-Constructio (2026), Aria Reserve Miami, Prices, Floor Plans & Pre-Construction D (2026 (North Tower)), Havana Enclave Little Havana (late 2026), Mercedes-Benz Places Miami, Prices, Floor Plans & Pre-Constr (2026-2028 (phased)), Oasis Hallandale Beach, Prices, Floor Plans & Pre-Constructi (2026), Olara Residences West Palm Beach, Prices, Floor Plans & Pre- (Q4 2026), Rivage Bal Harbour (2026), Six Fisher Island, Prices, Floor Plans & Pre-Construction De (2026), The Residences at 1428 Brickell, Prices, Floor Plans & Pre-C (2026)
2027Bentley Residences Sunny Isles Beach, Prices, Floor Plans & (2027-2028), Dolce & Gabbana Residences Miami (888 Brickell), Prices, Flo (2027), LOFTY Brickell, Prices, Floor Plans & Pre-Construction Detai (late 2027), Ponce Park Residences Coral Gables (Q4 2027), St Regis Residences Miami, Prices, Floor Plans & Pre-Constru (Q4 2027), The Standard Residences Brickell (2027), Waldorf Astoria Residences Miami, Prices, Floor Plans & Pre- (Q1 2027)
2028Baccarat Residences Brickell, Prices, Floor Plans & Pre-Cons (early 2028), Cipriani Residences Miami, Prices, Floor Plans & Pre-Constru (2028), Colette Residences South Brickell (summer 2028), Cora Merrick Park (2028), EDITION Residences Edgewater, Prices, Floor Plans & Pre-Cons (summer 2028 (revised)), Edge House Residences, Prices, Floor Plans & Pre-Constructio (2028), Four Seasons Coconut Grove (mid-2028), HQ Residences Miami (2028), NoBe Parc Miami Beach (late 2028), Shorecrest West Palm Beach, Prices, Floor Plans & Pre-Constr (2028), The Lincoln Coconut Grove (Q3 2028), Villa Miami Residences, Prices, Floor Plans & Pre-Constructi (Q2 2028)
2029Faena Residences Miami, Prices, Floor Plans & Pre-Constructi (2029), Mandarin Oriental Residences Miami, Prices, Floor Plans & Pr (2029), The Delmore Surfside (2029)
2030DELANO Residences Miami, Prices, Floor Plans & Pre-Construct (2030)
2031619 Brickell, Nobu Residences (~2031)

The Full Directory: All 42 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.

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.