Miami Overtakes New York City in Million-Dollar Home Listings
Miami has officially entered a new era of luxury real estate dominance. According to a December 2025 luxury housing market report from Realtor.com, the Miami metro area now has more homes listed at $1 million and above than New York City—a milestone that signals a major shift in the U.S. luxury housing landscape.
This data-driven turning point underscores Miami’s evolution from a seasonal luxury market into a year-round global hub for high-net-worth buyers.
Miami Surpasses New York City in $1M+ Listings
As of December 2025, Miami recorded 10,591 active listings priced at $1 million or more, edging past New York City, which had 10,176 seven-figure listings.
For years, New York City held a commanding lead in luxury housing inventory. Miami’s ascent reflects not just growth in listings, but a deeper structural change in where wealth is choosing to live, invest, and park capital.
Why Miami’s Luxury Market Keeps Growing
1. Year-Round Luxury Demand
Unlike many luxury markets that slow down toward the end of the year, Miami maintains consistent activity throughout all seasons. International buyers, second-home owners, and cash purchasers help sustain strong listing volume even during traditionally slower months.
2. Migration of High-Net-Worth Buyers
Realtor.com reports that Miami attracts more luxury buyer interest from the New York metro area than the next eight U.S. metros combined. This trend highlights ongoing domestic migration fueled by lifestyle preferences, tax considerations, and remote-work flexibility.
3. Global Appeal and International Capital
Miami’s position as a gateway city continues to attract buyers from Latin America, Europe, and beyond. For many international investors, Miami real estate functions as both a lifestyle asset and a long-term store of value.
What This Means for Miami Luxury Real Estate
According to economists and brokers cited by Realtor.com, Miami’s growing inventory of million-dollar homes is not a temporary spike—it reflects a permanent rebalancing of luxury housing supply.
Key implications include:
- Greater price resilience at the high end
- Increased competition among luxury sellers
- More diverse inventory across waterfront condos, branded residences, and single-family estates
Miami is no longer just competing with traditional luxury markets—it’s redefining them.
Miami’s Position as a National Luxury Leader
This milestone confirms what many buyers, developers, and investors have already recognized: Miami is now one of the most important luxury real estate markets in the United States.
With sustained demand, international reach, and expanding high-end inventory, Miami’s luxury market is positioned to remain a dominant force well beyond 2025.
Seaway at The Surf Club’s $54M Non-Penthouse Sale Signals Surfside Luxury Strength
$54 Million for a Non-Penthouse Condo
Surfside continues to redefine luxury benchmarks as a ground-level unit at The Seaway at The Surf Club sold for a staggering $54 million. This sale is notable not only for its price but because it was achieved outside of a penthouse unit—showing that every corner of Surfside’s luxury market is in demand.
$4,400 Per Square Foot—A New Benchmark
The 12,174 square foot residence sold at a remarkable $4,436 per square foot. This price per square foot rivals even the most exclusive penthouse sales, reflecting the extraordinary demand for oceanfront living at The Surf Club. It’s clear that premium pricing is not just limited to the top floors.
Surfside Dominates South Florida’s Luxury Market
This comes on the heels of December’s $86 million penthouse sale at The Seaway at The Surf Club, which set the county’s record. Together, these sales showcase Surfside’s unmatched momentum, positioning it at the forefront of South Florida’s luxury condo market. For more on The Surf Club and its offerings, visit our Four Seasons Surf Club page.
E41 Brickell: Peruvian Fusion & Nikkei Cuisine Coming Soon to 777 Brickell Ave
The Essence of E41’s Cuisine
E41, short for Embarcadero 41, is renowned for its masterful blend of Peruvian Fusion and Nikkei cuisine. With five thriving locations, the sixth will soon bring its innovative dishes to the heart of Brickell. Expect bold flavors, fresh ingredients, and a vibrant culinary experience.
Location & Ambiance
Situated at 777 Brickell Ave, this spot is nestled between Bank of America and Truist, making it a prime destination for both locals and visitors. With a Pisco bar and sushi bar, E41 is expected to be a hotspot for happy hours and social gatherings.
What to Expect on the Menu
From refreshing ceviches to beautifully crafted sushi rolls and Nikkei dishes, E41 promises to offer a unique journey through Peruvian-Japanese fusion. Whether you’re there for a quick bite or an elegant dinner, the menu promises something for every palate.
Anticipation Builds
Though the exact opening date hasn’t been announced, anticipation is growing. Stay tuned for updates and be ready to experience a fresh addition to Brickell’s dining scene.
Cameron Diaz Tours Miami Mansion Amid Celebrity Relocation Trend
Cameron Diaz Explores Miami’s Luxury Market, According to TMZ
TMZ revealed yesterday that Cameron Diaz was spotted touring a luxury Miami mansion in late December. The estate, located in Pinecrest and reportedly owned by Houston Rockets forward Jeff Green, is on the market for $16.4 million. This seven-bedroom, seven-bath property features expansive grounds, a chef’s kitchen, and a resort-style pool—just one example of the lavish Miami homes catching the couple’s eye.
Details on the $16.4M Jeff Green Estate
Alongside her husband, Benji Madden, Diaz has reportedly toured other Miami mansions, though according to TMZ, no offers have been made yet. This potential move comes as the couple’s Beverly Hills home has been on the market since 2024, even after a price drop.
Miami’s Celebrity Wave: Will Cameron Join Wahlberg, The Weeknd, and the Rest?
This aligns with a bigger trend. Other stars have made headlines by relocating or buying in Miami—like Mark Wahlberg in Delray Beach, Larry Page’s massive estate purchase in Coconut Grove, The Weeknd settling in Coral Gables, and Robbie Williams also purchasing a waterfront mansion in Coral Gables . As Diaz contemplates Miami, it’s clear that South Florida’s star power is only growing.
World Expo 2035 in Miami: What It Could Mean for the City’s Future Growth
The United States has officially announced its intention to bid to host World Expo 2035, with Miami, Florida emerging as the proposed host city — a move that could redefine Miami’s economic trajectory and global status. President Donald Trump confirmed the bid on social media, framing it as a milestone opportunity, and appointed Miami native Secretary of State Marco Rubio to lead the effort.
But what exactly is a World Expo, and why should Miami residents, businesses, and investors care about it?
What Is the World Expo? A Brief History
World Expos — historically known as World’s Fairs — are large-scale international exhibitions where countries, companies, and organizations showcase innovations, cultural achievements, and forward-looking ideas. The tradition traces its roots back to the 1851 Great Exhibition in London under the famous Crystal Palace.
Today, the Bureau International des Expositions (BIE) in Paris oversees these events, which occur roughly every five years and draw millions of visitors from around the world. The most recent expo took place in Osaka, Japan, in 2025 and welcomed tens of millions of attendees.
The United States hasn’t hosted a World Expo since the 1984 Louisiana World Exposition in New Orleans, making this potential Miami bid particularly notable.
Why Miami? Strategic Advantages for Hosting World Expo 2035
Miami’s bid election is no accident. As the city continues to expand as a financial and cultural hub, neighborhoods like Brickell, Downtown Miami, and Miami Beach have emerged as global-facing districts capable of supporting large-scale international events. Long known as a gateway between the Americas, Miami has:
- A thriving tourism industry that already attracts global visitors year-round.
- Major international business and trade sectors.
- Cultural diversity that resonates with Expo themes.
- A strong transportation infrastructure including a major international airport and cruise terminals.
Hosting World Expo 2035 would elevate these natural strengths into lasting global prominence.
Massive Economic Impact: Jobs, Investment & Infrastructure
One of the clearest benefits — underscored by federal announcements — is the economic impact that a World Expo could have on Miami:
1. Job Creation Across Sectors
A major global event like Expo 2035 would require massive planning, construction, hospitality staffing, transportation services, and tech innovation teams. According to early projections tied to the bid, the event could create thousands of jobs in South Florida.
2. Billions in Economic Growth
President Trump’s announcement highlighted expectations that the expo bid could contribute billions of dollars in economic growth — from planning and construction to multinational participation and tourism revenue.
3. Infrastructure Upgrades
Historically, cities preparing for World Expos invest significantly in transportation, convention space, urban development, and public amenities — all of which can have long-lasting impacts on quality of life and business growth.
4. Tourism and Global Branding
With tens of millions of international visitors drawn to world expos, Miami stands to benefit from elevated tourism — both during the event and in the decades that follow, as global travelers associate the city with innovation and cultural exchange.
How Miami’s 2035 Transformation Could Look
Hosting World Expo 2035 could catalyze several long-term growth trends:
- Urban revitalization of key districts hosting expo pavilions.
- Sustainable infrastructure investments in transit and public spaces.
- Cultural exchange initiatives that strengthen Miami’s identity as a global cultural hub.
- Enhanced global business partnerships, especially between the Americas, Asia, and Europe.
By 2035, Miami could extend its reputation — already established as a global city — into new realms of economic leadership and international influence.
Global Context: Expo Competition and Timeline
Several cities and countries are also exploring bids for World Expo 2035, including Berlin, Egypt’s New Administrative Capital, and Busan, South Korea.
The world’s expos continue to operate on a multi-year cycle, with Expo 2030 scheduled for Riyadh, Saudi Arabia under the theme “Foresight For Tomorrow.”
Miami’s bid will face international competition, but the spotlight now firmly rests on South Florida — a region that could benefit enormously from hosting such a defining global event.
Conclusion – A Future Built on Opportunity
If Miami successfully secures the World Expo 2035, the city could see a profound economic and cultural transformation. From millions of international visitors and boosted infrastructure to long-term job creation and global business attention, the stakes are high — and the benefits potentially historic.
Miami’s path to 2035 is shaping up to be one of innovation, opportunity, and global leadership. With the World Expo bid at the center, the city’s future is poised for growth — not just in tourism, but in economic depth and cultural influence.
Pagani Residences and Prestige Imports Launch Auto Privata Automotive Concierge
A white-glove automotive program sets a new benchmark for ultra-luxury living in North Bay Village
Pagani Residences has announced the launch of Auto Privata, a first-of-its-kind automotive concierge program created in partnership with Prestige Imports. Designed exclusively for residents, the bespoke service introduces an entirely new layer of luxury living—where collector-grade automotive care is seamlessly integrated into the residential experience.
The program further elevates Pagani Residences’ positioning as one of South Florida’s most distinctive boutique luxury developments, blending architecture, design, and automotive culture into a unified lifestyle offering.
Automotive Living, Reimagined for Collectors
Auto Privata was created for residents who view automobiles as works of art, engineering, and personal expression. Fully managed through the Pagani Residences mobile app, the program delivers on-demand, white-glove automotive care—ensuring each vehicle is secured, maintained, detailed, and road-ready at all times.
“This partnership brings our philosophy directly into the home,” said Brett David, CEO of Prestige Imports. “Whether it’s preparing a car for a Sunday drive or sourcing a one-off from across the globe, our goal is to make every moment with these automobiles effortless and unforgettable.”
Auto Privata Concierge Services
Core Automotive Concierge Features
Residents gain access to a comprehensive suite of services, including:
- Valet parking by trained automotive ambassadors
- Monthly digital vehicle condition reports
- Maintenance and service scheduling
- Personalized recommendations based on vehicle history and preferences
- Concierge access via dedicated app or direct line
All services, reports, and scheduling are accessible through the Pagani Residences mobile app, providing a seamless balance of digital convenience and high-touch service.
Subscription and À La Carte Offerings
Auto Privata offers flexible membership tiers and customizable packages tailored to both daily drivers and serious collectors, including:
- Climate-controlled storage with biometric access
- Professional detailing and restoration services
- Door-to-door enclosed transport within Florida and nationwide
- Pre-arrival vehicle preparation (fueled, charged, and detailed)
- Discreet sourcing of rare, limited-production, and off-market vehicles
- Custom modifications and personalization through certified partners
All care is delivered in alignment with manufacturer specifications and collector-grade standards.
Lifestyle & Administrative Support Beyond the Garage
Beyond hands-on vehicle care, Prestige Imports provides lifestyle and administrative services designed for discerning collectors. These include registration and tag renewals, insurance coordination, mileage tracking, and discreet delivery to private airports, restaurants, or social events.
Collectors also benefit from brokered access to rare vehicles through Prestige Imports’ global network, complete with pre-purchase inspections and provenance verification.
A Strategic Partnership Driving Luxury Innovation
According to Mikael Hamaoui, founder and CEO of Riviera Horizons, Auto Privata reflects how South Florida continues to redefine ultra-luxury residential living.
“Pagani Residences is about living at the intersection of art, engineering, and design,” Hamaoui said. “Partnering with Prestige Imports ensures our residents’ vehicles receive the same care and craftsmanship as their homes, delivering peace of mind and the freedom to enjoy their collections at their highest level.”
The Prestige partnership is the latest addition to the Pagani Residences Luxury Lifestyle Program, which curates bespoke services across design, hospitality, and automotive experiences.
Pagani Residences at a Glance
Located on Harbor Island in North Bay Village, Pagani Residences is a 30-story boutique waterfront tower comprising just 70 all-corner residences, including two duplex penthouses and four Sky Residences.
- Interiors: Curated by Pagani Arte, founded by Horacio Pagani
- Architecture: Designed by Revuelta Architecture
- Residences: Two-to-four bedrooms with panoramic waterfront views
- Pricing: Starting from $3.7 million
- Address: 7940 West Drive, North Bay Village, FL 33141
Amenities include private ensuite elevators, a waterfront lobby, 24-hour concierge service, valet and porte-cochère, a 240-foot boardwalk, and marina frontage along Biscayne Bay.
Why Auto Privata Signals the Future of Ultra-Luxury Living
Auto Privata highlights a growing shift in the ultra-luxury real estate market: residences are evolving into fully curated lifestyle ecosystems. By embedding a comprehensive automotive concierge directly into the residential experience, Pagani Residences positions itself at the forefront of this next generation of luxury living—where architecture, service, and personal passions converge seamlessly.
Mary Lou’s Expands to Miami With Seasonal Residency at W South Beach
A Palm Beach–Born Supper Club Brings Its Cult Following to Miami Beach
Mary Lou’s—one of the most talked-about hospitality concepts to emerge from Palm Beach—is officially opening its Miami outpost on Thursday, January 29. The new location will take over the former WALL lounge space at W South Beach, marking the brand’s third location following its original Palm Beach flagship and a highly successful Montauk residency.
Since debuting in January 2025, Mary Lou’s has quickly evolved into a celebrity magnet and VIP society, attracting names like Michael Jordan, Venus Williams, Baby Jane Holzer, and a steady rotation of high-profile DJs and tastemakers. Its arrival in Miami further reinforces the city’s position as a global epicenter for nightlife, luxury hospitality, and lifestyle-driven real estate.
Reviving an Iconic Miami Nightlife Space
Mary Lou’s Miami will operate as a seasonal residency inside the legendary WALL lounge, a venue that played a major role in Miami Beach nightlife before closing in 2020. The project reunites a storied space with a brand often described as a modern-day Studio 54—exclusive, unpredictable, and deeply rooted in atmosphere.
The expansion is led by Mary Lou’s co-founders Joe Cervasio, Topher Grubb, and Alex Melillo, in partnership with Jamie Reuben of Reuben Brothers, the global luxury real estate group. The deal was facilitated through Mama Hospitality partner Myles Shear of Palm Tree Crew, aligning hospitality innovation with high-profile real estate stewardship.
Design, Atmosphere, and the “Sense of Ridiculousness”
For the Miami transformation, the team tapped designer Jason Volenec to reinterpret the space through Mary Lou’s surrealist lens. Expect:
- Animal prints, rich textures, and layered patterns
- A seductive blend of Miami Beach glamour and vintage supper-club nostalgia
- A design that intentionally blurs the line between fantasy and reality
The concept is inspired by Mary Lou Curtis, the late grandmother of co-founder Alex Melillo and the muse behind the brand. A Palm Beach fashion icon, Curtis dressed legends like Jackie O., Elizabeth Taylor, and Betty White—an ethos that continues to guide Mary Lou’s expansion with a playful reminder to “always have a sense of ridiculousness.”
Mary Lou’s Society and a Private Beach Experience
One of the most notable additions in Miami is Mary Lou’s Society, a private members program designed to elevate the experience without the rigid structure of traditional clubs. Members gain access to curated perks, priority reservations, and preferred entry—creating a community focused more on belonging than status.
For the first time, the brand also extends beyond its interiors with Mary Lou’s Beach, an exclusive, members-only beach experience at W South Beach. Highlights include:
- 30 dedicated lounge chairs infused with Mary Lou’s signature aesthetic
- Full towel service and curated food and beverage offerings
- A rare, hospitality-driven activation of Miami Beach oceanfront real estate
This move underscores how experiential hospitality increasingly overlaps with premium real estate value in Miami Beach.
What This Means for Miami Real Estate & Lifestyle
The arrival of Mary Lou’s Miami is more than a nightlife headline—it’s another signal of how hospitality, culture, and real estate converge in Miami. High-profile venues drive global attention, elevate surrounding property values, and reinforce Miami Beach’s appeal as a lifestyle destination for residents, investors, and international buyers alike.
As brands like Mary Lou’s reimagine iconic spaces, they contribute to the narrative that selling Miami real estate is as much about experience and culture as it is about square footage.
Opening Details
- Location: WALL at W South Beach
- Opening Date: Thursday, January 29
- Hours:
- Tuesday, Thursday, Friday, Saturday: 6:00 PM – 3:00 AM
- Sunday: 6:00 PM – 12:00 AM
First Look: Miami Design Residences, a 25-Story Condo Tower by David Chipperfield
Miami’s architectural landscape is set to welcome a major new addition with Miami Design Residences, a design-driven condominium tower rising in the heart of the Miami Design District. Designed by David Chipperfield, the project marks the Pritzker Prize–winning architect’s first residential development in Florida.
The tower brings a refined, internationally influenced architectural vision to one of Miami’s most creative and globally recognized neighborhoods.
A 25-Story Condo Tower Focused on Architecture and Livability
Miami Design Residences will rise 25 stories and comprise 143 condominium homes, offering one- to four-bedroom floor plans. True to Chipperfield’s design philosophy, the tower emphasizes proportion, restraint, and long-term architectural relevance rather than overt ornamentation.
The residences are designed to integrate seamlessly with Miami’s climate and lifestyle, featuring generous terraces, natural light, and a calm, understated material palette that reflects both modernist principles and the tropical urban context.
Located in the Heart of the Miami Design District
Set within the Miami Design District, the project places residents steps from world-class fashion, art, dining, and cultural institutions. The neighborhood has evolved into a global destination known for its architecture, luxury retail, and curated public spaces—making it one of the most desirable and design-centric areas in Miami.
Miami Design Residences is positioned to benefit from this unique setting while adding a new residential landmark to the district’s skyline. The development will also include a 12-story hotel to complement the residential component.
An International Development Team
The project is led by an experienced and globally recognized development team, including Raycliff Capital, Fort Partners, Miami Design District Associates, and Constellation Hotels Holding Ltd. Together, the group brings deep expertise in luxury residential, hospitality, and design-forward real estate.
Why Miami Design Residences Matters
Miami Design Residences represents a continued shift toward architect-led luxury development in Miami—where global design talent plays a central role in shaping the city’s future skyline. With David Chipperfield’s involvement, the project signals long-term architectural significance rather than trend-driven design.
As Miami continues to attract international buyers, architects, and developers, projects like this reinforce the city’s growing reputation as a serious global design destination.
Ken Griffin and Goldman Properties Buy 545 Wyn Office Building for $180 Million
Billionaire Ken Griffin, founder of global investment firm Citadel, has teamed up with Miami-based Goldman Properties to purchase the 10-story office building 545 Wyn in Miami’s Wynwood neighborhood for approximately $180 million. This high-profile acquisition underscores continued investor confidence in South Florida’s office market and adds to Griffin’s expanding local real estate footprint.
A Strategic Partnership in Wynwood’s Office Market
The acquisition of 545 Wyn at 545 Northwest 26th Street — also referred to simply as 545wyn — involves a collaboration in which Goldman Properties will manage the asset while Ken Griffin provided the bulk of the capital. The sellers were Chicago-based developer Sterling Bay, which developed the building in 2020/2021 after purchasing the land from Goldman Properties several years earlier.
At roughly 298,000 square feet of office space plus more than 26,000 square feet of ground-floor retail, 545 Wyn is one of Wynwood’s most prominent commercial properties. Tenants include major brands like Sony Music Group, PwC, architecture firm Gensler, cryptocurrency exchange Gemini, and crypto-backed mortgage lender Milo, reflecting the diversity of the building’s tenant roster.
Features That Raise the Bar for Wynwood Offices
Beyond its prime location, 545 Wyn offers a suite of tenant amenities that enhance its competitive edge:
- Private outdoor amenity deck (~18,000 sq ft)
- Tenant amenity floor (~14,000 sq ft)
- Indoor-outdoor lounges
- Covered parking for ~441 vehicles
These features contribute to Wynwood’s reputation as one of Miami’s most dynamic environments for technology, creative, and finance companies — a neighborhood increasingly in demand by both tenants and investors.
Ken Griffin’s Growing Miami Portfolio
This purchase is the latest in a series of high-value Miami investments by Griffin since relocating Citadel and Citadel Securities from Chicago in 2022. In recent years, Griffin has:
The Wynwood acquisition complements these moves by strengthening Griffin’s presence in Miami’s commercial and urban core.
Goldman Properties’ Return to Wynwood Roots
For Goldman Properties — led by CEO Scott Srebnick — the deal represents a strategic return to Wynwood. The firm originally sold the development site that became 545 Wyn, helping catalyze Wynwood’s transformation from its industrial past into one of the region’s most vibrant business and cultural districts.
What This Means for Miami’s Office Sector
Miami’s office market has continued to attract national and international investors, even as similar markets grapple with uncertainty. The 545 Wyn transaction highlights:
- Continued demand for flexible, amenity-rich office space in urban districts.
- Premium rents and leasing activity in neighborhoods like Wynwood, where Class A assets remain attractive to both tenants and buyers.
- Strategic confidence from deep-pocketed investors, signaling belief in Miami’s long-term commercial real estate prospects.
As Miami evolves as a global business hub, high-profile deals like this one continue to shape the narrative of office space investment and urban development across South Florida.
