Porto Bay

March 2026: Miami New Development and Pre-Construction Condo Update

Big developments unfolded this March in Miami’s condo pre-construction market. The Residences at Mandarin Oriental set a new pricing record on Miami’s mainland with two penthouses selling at $49.9 million each. Arbor received its TCO and is set to welcome its first residents this spring, while The Cove Residences in Edgewater marked a rare simultaneous sales launch and groundbreaking.

Watch: 10 Miami Luxury Condo Market 2026 Predictions You Can’t Ignore

Timing any market with precision is rarely possible. Positioning around anticipated shifts, however, is achievable and what ultimately drives success. With that in mind, we present our forecast for Miami’s luxury condo market in 2026.

The 5 Most Luxurious Condos in Brickell, Miami

Brickell is where Miami gets its business done, so it isn’t a surprise that this neighborhood is home to an eclectic mix of high-powered residents and some of the city's most desired properties. From globetrotting professionals to tech executives, VC investors, business moguls, Brickell is a top choice for those who seek a walkable, cosmopolitan atmosphere complete with professional opportunities, endless entertainment options, and enviable bayfront living.