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Sunny Isles Beach Condo Sales, September 2026: 27 Closings

Updated October 2026 Sunny Isles Beach recorded 27 condominium closings at $1 million and above in September 2026. Sold volume totaled $86,862,500 against $91,739,500 in list price, so sellers received 94.7% of list price by volume. Four of the 27 residences closed at or above asking. The average sale price was $3,217,130 and the median price per square foot was $1,155. The Ritz-Carlton Residences led by volume with four closings totaling $22,450,000. This report is by Rita Japhet, Broker Associate, eXp Realty, Sunny Isles Real Estate, and draws on Southeast Florida MLS (Matrix) data. How many condos closed in Sunny Isles Beach in September 2026, and at what prices? Sunny Isles Beach recorded 27 closings at $1 million and above, totaling $86,862,500 in sold volume against $91,739,500 in list price. The average sale price was $3,217,130. Median sold price per square foot was $1,155, within a range of $724 to $2,403. The highest closing was Muse residence LPH-1 at 17141 Collins Avenu...
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Miami is more than a destination. It is an address. By Rita Japhet · Broker Associate · eXp Realty · eXp Luxury Realty For many international buyers, Miami once followed a familiar rhythm: winter on the ocean, Art Basel, the boat show, then a flight home. A residence here was a place to return to each season. Today, the conversation reaches beyond the seasonal stay. What the visitor numbers show Greater Miami and Miami Beach welcomed 28.3 million visitors in 2025, according to the Greater Miami Convention & Visitors Bureau. That speaks to the city’s international appeal. But visitor numbers tell only part of the story. From seasonal stay to primary address Today the interest is how a residence fits into a client’s life: a winter retreat, a year-round base, or a primary address. When buyers consider living here throughout the year, their priorities become more exacting. Views matter, but so do the building’s management, financial condition, servi...
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Ken Griffin, Carnegie Mellon and Wynwood’s Next Chapter

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By Rita Japhet · Broker Associate · eXp Realty · eXp Luxury Realty Wynwood’s next chapter is taking shape around a significant investment in education and innovation. Ken Griffin’s approximately $1.1 billion acquisition of about 30 acres from Mana Common will form part of the planned Carnegie Mellon University Miami campus. For those following Miami real estate, this is a development worth understanding beyond the headline. A university campus with a substantial planned presence Griffin’s $3 billion gift to Carnegie Mellon includes $2 billion to establish its Miami campus, with the remaining $1 billion supporting the university’s Pittsburgh campus. Planned for Wynwood, the Miami campus is ultimately expected to support more than 3,500 undergraduate and graduate students, nearly 300 faculty and more than 600 staff members. The first students are expected to enroll in 2028, subject to appropriate regulatory approvals. These figures describe the university’s planned future scale, rat...
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Branded Residences in Sunny Isles Beach: A 2026 Pricing Overview Sunny Isles Beach has the densest concentration of branded oceanfront towers in the country. Here's where pricing and resale stand across the market as of 2026. Delivered towers (resale market) Porsche Design Tower, completed 2016: listings from $3.7 million to $14.6 million, averaging roughly $1,800 to $2,200 per square foot for oceanfront units. Ritz-Carlton Residences: averaging approximately $2,167 per square foot on recent resales, with established on-site service staff. Pre-construction Bentley Residences (18401 Collins Avenue): from $5.8 million, penthouse at $37.5 million, targeting completion in Q1 2028. St. Regis Residences: two-bedrooms from about $4 million, three-bedrooms from $5 million, four-bedrooms from $6 million. A note on Aston Martin Residences This one sits in Downtown Miami at 300 Biscayne Boulevard Way, on the river and bay, not on the Sunny Isles oceanfront. Nineteen resales ...
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> Miami Luxury Real Estate: Where the Market Is Gaining Strength Miami’s luxury condominium market continues to show strength, but the market is becoming more selective. Sunny Isles Beach & Bal Harbour The strongest oceanfront residences continue to attract attention, particularly when they combine direct water views, generous floor plans, updated interiors and strong building fundamentals. Buyers today are looking beyond the residence itself. Association reserves, insurance, assessments, management and future resale potential are becoming increasingly important. This is creating a clearer distinction between exceptional properties and more conventional inventory. Edgewater Edgewater continues to strengthen its position as one of Miami’s leading luxury residential corridors. The planned EDITION Residences project is moving forward after a major site issue was resolved, adding another important branded development to an area already seeing substantial investment. F...
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Condo Insurance Is Dropping in 2026 — But Building Repair Costs Are Rising: for Sunny Isles Condos

For three years, South Florida insurance moved one way: UP. So when Property Insurance rates dropped this summer ,the first cut since 2015 , What are the benefits separate two costs that owners often treat as one. The wind premium is reduced. The structural reserve obligation is not. What Changed on June 1 Citizens new rates took effect June 1, 2026. Statewide the average cut is small — 2.6% — but it concentrates in South Florida. Reporting on the approved rates puts Miami-Dade at an average 14.0% reduction and Broward at 14.1% (Citizens Property Insurance, Dec. 10, 2025; Live Insurance News, May 1, 2026). On a $6,000 premium, 14% is about $840 savings These figures describe Citizens, the state carrier and the owners in premium buildings often hold private wind and flood coverage Florida premiums remain among the highest in the nation; this narrows the gap, but does not close it.
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Hurricane Season 2026 and Sunny Isles Luxury Condo Construction: What Buyers Should Ask Before They Sign

Read more in my Sunny Isles Real Estate Newsletter for current market data. By Rita Japhet, 305 450 6662 Broker-Associate, eXp Realty Luxury Group | Sunny Isles Beach, Florida | SunnyIslesRealEstate.com In June, from the 42nd-floor balcony of a Sunny Isles Beach tower, a client watched a summer squall roll in off the Atlantic and asked, "How do I know that this building was actually made for that?" It is a question I hear often when I show properties to my clients. Published July 2026, this guide is written for the buyer who asks it before signing — not after the first named storm. Hurricane season in South Florida runs June 1 through November 30, and it arrives every year like clockwork. Yet in the luxury tier, the storm conversation is often the one buyers skip. They tour the spa, the amenities, the private beach service — and forget to ask what happens when 150-mile-per-hour wind meets the glass they'll be standing behind. In Sunny Isles Beach in 2026, that is the...
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