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.