Now the question becomes: what’s next? Which upcoming developments have the potential not only to follow in One Park Grove’s footsteps, but to push values into uncharted territory above $4,000 per square foot on the resale market?
While there’s no way to know for sure (preconstruction contracts aren’t publicly recorded until closings occur), here are the Top 5 mainland Miami preconstruction condo developments most likely to break $4,000 per square foot once they deliver and resales begin.
As one of the most anticipated launches in Miami, the St. Regis Residences Brickell checks nearly every box for record-breaking resale potential. Set on a prime waterfront site with private, gated access, the project pairs a world-class location with the cachet of the St. Regis brand—long synonymous with ultra-luxury hospitality.
Brickell, Miami’s financial district, continues to attract global wealth, and this development’s combination of exclusivity, waterfront views, and brand prestige make it a strong contender to cross the $4,000 per square foot line.
Coconut Grove has quietly emerged as Miami’s hottest neighborhood, with recent sales at One Park Grove proving just how high values can climb. Enter the Four Seasons Residences Coconut Grove, set directly across from Regatta Park, Dinner Key Marina, and Biscayne Bay.
Anchored by the prestige of the Four Seasons brand, the residences deliver sweeping water views of Biscayne Bay alongside Regatta Park and the marina, all within Coconut Grove’s highly walkable setting—an ideal formula for top-dollar resales. If One Park Grove can set new records, Four Seasons Residences Coconut Grove may be the project that takes the next leap.
Brickell Key is one of the most unique enclaves in all of Miami, and The Residences at Mandarin Oriental will rise on the last remaining waterfront lot there. With unmatched exclusivity, panoramic views, and the pedigree of the Mandarin Oriental brand, this project offers buyers a rare opportunity to own in a setting that cannot be duplicated.
That combination of scarcity, branding, and location could easily propel resales into the $4,000 per square foot range, especially as international buyers continue to favor turnkey, waterfront branded residences.
While not waterfront, Waldorf Astoria Residences Miami brings something entirely different to the table: height and history. Rising 100 stories, it will be the tallest skyscraper in Miami and the first supertall tower south of New York City.
As the first Waldorf Astoria branded residences in the city, the tower will redefine Miami’s skyline and create a true architectural icon. For collectors of rare, trophy properties, its cachet could easily translate into resales well above $4,000 per square foot.
The final entry on this list is 888 Brickell by Dolce & Gabbana, a bold new development that will stand as the tallest tower in Brickell (tied in height with Waldorf Astoria) and the first branded residence by the Italian fashion powerhouse.
While not on the water, its height, branding, and ultra-luxury positioning could attract global buyers seeking something unique. In a competitive luxury market, 888 Brickell’s mix of design, fashion, and visibility make it one of the strongest contenders to cross the $4,000 per square foot mark on resales.
Final Thoughts
The mainland Miami luxury condo market has already entered a new era, with One Park Grove proving that $3,000 per square foot is not only possible but repeatable. Looking ahead, the next great milestone will be $4,000 per square foot on resales—and these five projects are best positioned to get there first:
St. Regis Residences Brickell – waterfront exclusivity, St. Regis prestige
Four Seasons Residences Coconut Grove – Grove location, Four Seasons brand
Residences at Mandarin Oriental, Miami – last Brickell Key waterfront site
Waldorf Astoria Residences Miami – Miami’s first supertall skyscraper
888 Brickell by Dolce & Gabbana – tallest in Brickell, iconic fashion brand
In a city defined by constant reinvention, it’s only a matter of time before one of these towers rewrites the record books.
First Glass Installed at Waldorf Astoria Residences Miami
A major milestone has recently been reached at Waldorf Astoria Residences Miami — the first glass panels have officially been installed, marking a visually striking chapter in the rise of Miami’s most iconic residential skyscraper.
Currently under construction at 300 Biscayne Boulevard, this architectural marvel is being developed by PMG (Property Markets Group) in collaboration with Greybrook Realty Partners, and designed by world-renowned architect Carlos Ott in partnership with Seiger Suarez Architects. The project broke ground in late 2022.
What makes the Waldorf Astoria Residences Miami unlike anything else is its bold and imaginative design. The tower is comprised of nine stacked and staggered cubes. As of now, construction has reached the third cube, which is where the dramatic staggering begins — making it one of the most visually captivating structures taking shape on the Miami skyline.
Set to be completed in Q1 2028, the Waldorf Astoria Residences Miami will redefine the city’s skyline and history. Upon completion, it will become Miami’s first supertall skyscraper and the tallest residential tower south of New York, rising to an astonishing 1,049 feet.
Demand for this once-in-a-generation property has been unprecedented — 93% of the building is already sold. Remaining availability includes:
One-Bedroom Residences from $3.1 Million
Two-Bedroom Residences from $3.3 Million
Three-Bedroom Residences from $4.5 Million
Four-Bedroom Residences from $7.5 Million
If you’re interested in owning a piece of this architectural icon, contact Lucas Lechuga at [email protected] for available inventory and private presentations.
Tony Robbins’ Bold Move to Miami’s Waldorf Astoria
Tony Robbins, the motivational speaker and life coach who has helped millions transform their lives, is making headlines for a transformative move of his own. Robbins has signed a contract to purchase a stunning penthouse at the Waldorf Astoria Hotel & Residences Miami, a building that promises to change Miami’s skyline forever.
The Waldorf Astoria Miami is no ordinary building. Standing at 1,049 feet, this architectural masterpiece will become Miami’s tallest structure and the first “supertall” tower in the city. Designed by Sieger Suarez Architects with Carlos Ott, its unique design features nine offset glass cubes stacked to create a striking silhouette.
Expected to be completed in 2028, the tower will offer a blend of luxury residences and hotel accommodations, making it a global landmark.
Tony Robbins’ new 7,000-square-foot penthouse is as impressive as his career. Positioned to provide breathtaking views of the Atlantic Ocean and Miami’s vibrant cityscape, the residence includes:
A private plunge pool on the terrace
A smart-wired home system
A state-of-the-art chef’s kitchen and a summer kitchen
Three bedrooms and 4.5 bathrooms
The design is still being finalized, but Robbins’ vision reflects his belief in the power of environment to inspire greatness. “Our minds thrive in spaces that connect us with beauty and possibility,” Robbins has said.
More than just a residence, the Waldorf Astoria offers an unparalleled lifestyle with a host of amenities:
Elevated pool decks with panoramic views
A private owners-only lobby
Fine dining restaurants and event spaces
Family-friendly features like a kids’ club
A luxurious billiards room and more
With over 90% of units already sold, it’s clear this development has captivated buyers worldwide. Starting prices for units without water views are $3.2 million, but Robbins’ penthouse—like other exclusive offerings in the building—is in a league of its own.
Robbins’ purchase is a testament to Miami’s growing status as a magnet for high-profile individuals. The city’s appeal is rooted not only in its sunny weather but also in its dynamic blend of cultural vibrancy and luxury living. The Waldorf Astoria Miami embodies this evolution, standing as a beacon of innovation and elegance.
This move by Tony Robbins is not just about acquiring real estate; it’s about embracing a lifestyle that aligns with his principles of growth, connection, and inspiration. As Miami continues to attract visionaries like Robbins, it solidifies its position as a global destination for luxury and ambition.
Elevating Miami’s Skyline – Waldorf Astoria Hotel & Residences Tower Cranes Set to Soar Higher
The Waldorf Astoria Hotel & Residences in Downtown Miami, a remarkable 100-story skyscraper, is reaching new heights—literally and figuratively. On October 25, 2024, permits were filed with the Federal Aviation Administration (FAA) to raise the heights of two Maxim cranes currently stationed on-site. Located at 300 Biscayne Boulevard (or alternatively 249 Northeast 3rd Street), the building project initially received FAA approval for crane heights at 955 feet above ground level (966 feet above sea level). However, new permits now seek approval to extend these cranes to 1,214 and 1,225 feet (1,238 and 1,249 feet above sea level), enabling the construction team to push upward toward the tower’s ultimate planned height of 1,049 feet.
A unique collaboration of industry leaders has come together for this iconic project. PMG, Greybrook, Mohari Hospitality, S2 Development, and Hilton are the powerhouse developers behind the Waldorf Astoria Hotel & Residences, combining their expertise to deliver an unparalleled luxury experience in Downtown Miami. This ambitious project will ultimately feature 387 luxury residences and 205 hotel rooms, merging high-end living with the elegance and hospitality for which Waldorf Astoria is known.
Designed by the acclaimed Sieger Suarez Architects and renowned architect Carlos Ott, the building’s structure is defined by nine stacked and offset glass cubes. These cubes create a distinct visual profile that promises to redefine Miami’s skyline. General contractor John Moriarty & Associates is overseeing construction, while Capform Inc. is handling the turnkey concrete work. CHM Structural Engineers is serving as the structural engineer, ensuring that this monumental tower remains safe and resilient.
According to Christian Tupper, Vice President of Sales at PMG, the building’s structural shell has already made significant progress, reaching around 7 to 8 stories as of his LinkedIn update two weeks ago. This milestone brings the structure close to completing the first of its nine unique cubes, signifying a major step in the project’s upward journey. With the approval of the additional crane height, the construction team can continue their ascent, bringing the Waldorf Astoria Hotel & Residences ever closer to its final form.
A project of this scale requires substantial financial support, and the Waldorf Astoria Hotel & Residences has secured a record-breaking $668 million construction loan to fuel its progress. This financing underscores the importance of the development within Miami’s rapidly evolving real estate landscape. Upon its projected completion in 2028, the Waldorf Astoria will stand as Florida’s tallest building and the tallest residential structure south of New York, symbolizing a new era of architectural innovation and luxury living in Miami.
As construction progresses and additional permits are approved, the Waldorf Astoria Hotel & Residences will continue to capture the attention of Miami residents and architecture enthusiasts worldwide. This monumental project is not only redefining the Miami skyline but also setting new standards for luxury and mixed-use developments in South Florida.
$668 Million Construction Loan Secured for Waldorf Astoria Hotel & Residences
Waldorf Astoria Hotel & Residences, spearheaded by PMG in collaboration with esteemed partners including Greybrook, Mohari Hospitality, S2 Development, and Hilton, has secured a monumental $668 million in construction financing, setting a new record in Florida’s residential condominium development history.
Nestled at 300 Biscayne Boulevard, the Waldorf Astoria Hotel & Residences Miami is not just another skyscraper; it’s a marvel in architectural ingenuity and luxury living. Designed by the renowned Sieger Suarez Architects in collaboration with Carlos Ott, the 1,049-foot tower will stand as the tallest residential building south of New York City. Its distinctive design features nine spiraling, offset glass cubes wrapped in a stunning “glass skin,” ensuring it stands out as an iconic addition to Miami’s ever-evolving skyline.
What sets Waldorf Astoria Hotel & Residences Miami apart is its seamless blend of luxury residences and world-class hospitality. The development will house 387 private residences alongside 205 guestrooms and suites within the luxury hotel segment. Each unit is meticulously crafted with BAMO’s award-winning interior design, offering not only breathtaking views but also unparalleled comfort and sophistication.
Residents and guests will enjoy access to the Waldorf Astoria brand’s renowned Peacock Alley, a specialty restaurant, and indoor/outdoor event spaces for memorable gatherings. A resort-style pool deck with private cabanas, a holistic wellness spa, and state-of-the-art fitness center ensure relaxation and rejuvenation at every turn. Private residential amenities include an exclusive lobby, billiard room, and a kids’ club, offering something for every member of the family.
As the project moves into its vertical construction phase, anticipation builds for the grand unveiling slated for Q2 2028. Managed by Hilton Management Services, Waldorf Astoria Hotel & Residences Miami promises not just a residence, but a refined haven where personalized service and best-in-class experiences define everyday living.
Waldorf Astoria Residences Miami-A $50 Million Penthouse Epitomizing Luxury and Investment Potential
In the heart of Miami, an architectural masterpiece rises, setting a new benchmark for luxury living and investment opportunities. The Waldorf Astoria Residences Miami, an iconic structure unparalleled in its design, has unveiled its crown jewel: a $50 million penthouse located in its ninth cube. This penthouse doesn’t just offer a residence; it offers a statement, positioning its inhabitants atop the highest residential edifice south of the Big Apple.
This penthouse is more than just a living space; it’s a testament to opulence and strategic investment. Spanning 13,119 square feet, it boasts features that cater to the discerning tastes of hedge fund magnates: a private gym for those early morning workouts, a theatre for private screenings, a wine room showcasing the world’s finest vintages, and a library that can double as a space for strategic meetings. The 360-degree views encompassing Miami Beach, Downtown Miami, and the vast expanse of the Atlantic Ocean are bound to inspire and invigorate its residents.
The penthouse’s design is both lavish and functional, with six spacious bedrooms, nine state-of-the-art bathrooms, and expansive floor-to-ceiling windows that flood the space with natural light. The primary suite is a haven, complete with luxury walk-in closets and Italian-crafted marble-finished vanities. The flexibility to tailor spaces, be it a personal gym or a contemporary kitchen, adds a personal touch, ensuring that each resident’s unique needs are met. The renowned design firm, BAMO, has lent its expertise to the interiors, ensuring that every inch exudes sophistication.
The Waldorf Astoria Residences Miami itself is a marvel, with its nine offset glass cubes enveloped in a shimmering “glass skin.” This 1,049-foot tower will house 360 private residences, alongside 205 guestrooms and suites that form part of the luxury hotel. The hotel’s signature spaces, private amenities, and the renowned Peacock Alley of the Waldorf Astoria brand are all housed within the first three cubes. The visionary design was a collaborative effort between Sieger Suarez Architects and the illustrious architect Carlos Ott.
For those who seek exclusivity, the tower offers a plethora of amenities. From a resort-style pool deck, holistic wellness spa, and a state-of-the-art fitness center to an owners-only lobby and bar, every detail has been meticulously curated. The integration of the latest smart home technology via a dedicated mobile app ensures that residents have access to a myriad of services at their fingertips, from spa reservations to dog walking services.
Hilton Management Services, known for its commitment to unparalleled service, will manage the Waldorf Astoria Residences Miami. This ensures that both residents and visitors experience the epitome of luxury and world-class experiences.
If you or someone you know have an interest in purchasing at Waldorf Astoria Residences Miami, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Waldorf Astoria Hotel & Residences Construction Update
The 100-story Waldorf Astoria Hotel & Residences in Miami is progressing significantly with the filing of tower crane licenses for 300 Biscayne Boulevard. This incredibly tall tower was created by Sieger Suarez Architects and Carlos Ott and is being built by a group of prestigious investors. These companies include international investment business Mohari Hospitality, S2 Development, national developer Property Markets Group, Canadian private equity firm Greybrook Realty Partners, global hospitality giant Hilton, and general contractor John Moriarty Associates.
Two tower cranes are planned to rise 1,255 feet above ground level, or 1,266 feet above sea level, according to the FAA file from May 31. The estimated work timeline for the cranes is from October 24, 2023, to August 23, 2027, demonstrating the precise planning and long-term dedication required for this enormous undertaking.
The Waldorf Astoria Miami, which is situated at 300 Biscayne Boulevard, will have nine spiraling, offset glass cubes that are evenly placed and covered in what is sometimes described as a “glass skin” to set it apart from other East Coast properties. In order to develop an iconic edifice in Downtown Miami that offers 360-degree views of Downtown Miami, Miami Beach, and the Atlantic Ocean, Sieger Suarez Architects and famous architect Carlos Ott collaborated.
Additionally, the developers collaborated with award-winning interior design company BAMO, which takes pride in designing enticing surroundings that flow, function, and inspire individuals to live and dream more completely. Along with guest rooms and suites inside the five-star hotel, the resort will have 360 private houses. Peacock Alley, a specialty restaurant, indoor/outdoor pre-function, and event spaces, conference and boardrooms, a resort-style pool deck with private cabanas, a spa, and a fitness facility will all be considered signature areas.
If you or someone you know have an interest in purchasing at Waldorf Astoria Hotel & Residences, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Waldorf Astoria Residences Miami Sold the Largest Penthouse in the United States
The Waldorf Astoria Residences Miami’s 5-star luxury penthouse, which will grow to be the largest in the country and sit atop Miami’s first supertall tower, has been sold for an undisclosed sum. The tallest residential building south of Manhattan will be the five-story, 33,000+ square foot “Mansion in the Sky.”
For the future of real estate in Downtown Miami, the transaction represents a fortunate start. The unidentified client was looking for an upscale residence, and together with the development team, they created what will serve as the pinnacle of the buyer’s individual real estate portfolio as well as the Miami skyline.
Upon completion, this unique penthouse suspended 1,050 feet in the air, will occupy the top five floors of the skyscraper and provide unmatched vistas in every direction. The home will be just under 34,000 square feet in size and have 10 bedrooms, 11 and a half bathrooms, and ceiling heights of up to 25 feet.
A wall-street-style trading room, safe room, billiards area, private movie theater, screening room with two 90-inch theater screens, three wine cellars, full-scale bar, wellness center with cutting-edge equipment, massage rooms, infrared sauna, and a 20-car garage to house the owner’s extensive car collection are just a few of the extravagant amenities it will feature.
The sole usage of the tower’s private roof deck belongs to the mega-penthouse. Three cabanas, a huge pool, a swim-up tiki bar, an outdoor gym, and a multi-use court for racquetball, pickleball, and basketball are all located on the roof. Other features are currently being finished for the owner.
According to the Managing Partner of PMG, “This penthouse sale is an indicator of the strength and tenacity of the luxury real estate market in Miami, and just how special Waldorf Astoria is to buyers and brand enthusiasts. We are confident in the continued momentum at Waldorf Astoria Miami, and know the property will completely elevate the standard of luxury living as we know it.”
Construction on the Waldorf Astoria Residences Miami is expected to begin on October 27, 2022, and end in 2026.
In order to highlight Waldorf Astoria’s first foray into the Miami market, PMG, along with partners Greybrook, Mohari Hospitality, S2 Development, and the international hospitality business Hilton, set out to build a landmark beacon for the city of Miami. The goal is to offer an aesthetically spectacular structure with expertly built residences and unmatched amenities to Miami’s famous Biscayne Boulevard for residents and future hotel visitors to enjoy. The Waldorf Astoria Miami anticipates ushering in a new era for this magical city as the tallest residential structure south of New York and the first supertall tower in Florida.
The Waldorf Astoria Miami, which is situated at 300 Biscayne Boulevard, will have nine spiraling, offset glass cubes that are evenly placed and covered in what is sometimes described to as a “glass skin” to set it apart from other East Coast properties. In order to develop an iconic edifice in Downtown Miami that offers 360-degree views of Downtown Miami, Miami Beach, and the Atlantic Ocean, Sieger Suarez Architects and famous architect Carlos Ott collaborated.
Additionally, the developers collaborated with award-winning interior design company BAMO, which takes pride in designing enticing surroundings that flow, function, and inspire individuals to live and dream more completely. Along with guest rooms and suites inside the five-star hotel, the resort will have 360 private houses. Peacock Alley, a specialty restaurant, indoor/outdoor pre-function and event spaces, conference and boardrooms, a resort-style pool deck with private cabanas, a spa, and a fitness facility will all be considered signature areas.
Setting records as Miami’s first “supertall” tower, the structure, will rise 1,049 feet and 100 floors above Biscayne Bay. This will be the tallest residential tower south of New York City.
In attendance were Ryan Shear, managing partner at PMG Development, Mohair Hospitality, Bamo Inc, Greybrook, and architect Carlos Ott.
Along with 205 guest rooms and suites, the Waldorf Astoria Hotel & Residences Miami will have 360 private residences. Nine glass cubes that resemble Jenga will be part of the tower itself.
The building’s design, which was overseen by Sieger Suarez Architects in association with renowned architect Carlos Ott and award-winning interior design firm BAMO, is incredibly distinctive and stands out even among the busy Miami beachfront.
According to the developers, 180-foot-deep foundation piles are now being built by drilling and concrete pouring. According to the developers, 180-foot-deep foundation piles are now being built by drilling and concrete pouring.
Work won’t be slowed down because a building permit to start the vertical work will likely be obtained in a few months, according to the developers.
The tower is expected to be finished in 2026.
If you or anyone you know has an interest in acquiring it, contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.
