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Miami’s ultra-luxury market: $100M+ listings become the new standard.

Miami’s ultra-luxury market: $100M+ listings become the new standard.

  • 02/24/25

South Florida’s ultra-luxury real estate market is on fire, with $100M+ listings becoming the new norm.

 

High-end homes continue to push the limits, with jaw-dropping properties hitting the market, including a $135 million waterfront estate and a $150 million three-mansion compound, both reported by The New York Post. The most extravagant? A $285 million spec home in Manalapan, setting a new benchmark for opulence.

Even sports legend Tom Brady is rumored to be testing the market with his custom-built “Billionaire Bunker” in Indian Creek Village, potentially listing for $150 million.

 

Despite speculation of a bubble, experts argue that the ultra-luxury segment operates independently from traditional market trends. As Jonathan Miller, CEO of Miller Samuel, puts it: “A $150 million sale is a global listing.”

 

The numbers speak for themselves—2024 has already seen seven $100M+ transactions in the U.S., making it the second-highest year on record after 2021’s peak of nine. The demand for Miami’s most exclusive properties isn’t just thriving—it’s redefining the real estate game.

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Joelle Oiknine has been recognized as one of the Top Ten producing agents at ONE Sotheby’s International Realty as well as being named to the Real Trends WSJ Top 100 agents in Miami on multiple occasions.

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