Living at The Perigon Miami Beach means having the ocean just outside the door without giving up the privacy and calm that make Mid-Beach so appealing. It is the kind of setting where mornings can begin on a private terrace overlooking the water, while Miami Beach dining, culture and city life remain close enough to enjoy without feeling surrounded by them.
For buyers drawn to that balance of beachfront living, privacy and access, Joelle Oiknine can help narrow the options to the residences that fit how they actually want to live. Whether the priority is a primary home, a seasonal retreat or a long-term Miami Beach purchase, the right residence should work for the buyer beyond the initial attraction of the building itself.
What Is The Perigon Miami Beach?
The Perigon is a low-density beachfront condominium on Collins Avenue in Miami Beach's Mid-Beach area. Mast Capital and Starwood Capital Group are identified by OMA as the development clients, with OMA partner Jason Long leading the architectural work.
The site stretches between Indian Creek and the Atlantic Ocean. OMA uses a series of rotated volumes to orient views toward the water and away from neighboring buildings, giving the project a noticeably different form from a conventional Miami Beach tower.
That physical design is relevant when comparing mid beach condos, but it does not make every residence interchangeable. Floor, line, orientation, terrace configuration, neighboring buildings and the possibility of future development all affect the experience inside a specific home.
Listings for Perigon Miami or The Perigon Miami generally refer to this Miami Beach project at 5333 Collins Avenue, not a separate condominium in the City of Miami.
Who Developed and Designed The Perigon?
Mast Capital and Starwood Capital Group are the development clients identified by OMA. OMA is the architect, with Jason Long listed as partner on the project. The project materials also identify Tara Bernerd & Partners for interiors and Gustafson Porter + Bowman for landscape design.
The design pedigree is meaningful, but it is one part of the purchase rather than the entire investment case. Buyers still need to evaluate the particular residence, purchase basis, operating costs and intended use.
How Many Residences Does The Perigon Have?
The current official project lists 73 residences.
Older online sources show different totals, including a March 2026 construction report that referenced 72 condominium residences. Buyers making a purchase decision should therefore rely on the latest prospectus, declaration and developer sales documents for the legal unit count rather than an older portal or article.
The Perigon Miami Beach Prices: What Does a Residence Cost?
Buyers researching The Perigon Miami Beach prices will find figures from different phases of the sales cycle. A developer price from early sales, a remaining residence close to completion and a penthouse resale or assignment are not equivalent benchmarks.
When the project topped out in March 2026, remaining residences were reported from approximately $12.55 million and the building was described as approaching sellout.
That gives buyers historical context, but current availability needs to be priced from today's actual inventory.
Pricing Reference | Inventory Context | What It Tells a Buyer |
From about $12.55M in March 2026 | Remaining developer inventory at top-out | Dated entry benchmark |
Penthouse-level asking prices | Trophy inventory | Upper end of the project's range |
Current available residence | Developer, assignment or resale | Relevant basis for an active purchase |
Price differences within The Perigon can reflect much more than interior square footage. Floor height, line, ocean or bay exposure, terrace area, layout scarcity, privacy and penthouse status can all move the value substantially.
Inventory type matters too.
Perigon Miami Beach for Sale: Developer, Assignment or Resale?
A query for Perigon Miami Beach for sale may surface developer inventory, a permitted contract assignment or a resale. Before comparing two asking prices, determine which transaction you are actually looking at.
Developer inventory is purchased through the developer's latest documents and deposit structure. An assignment, where permitted by the original contract, involves acquiring another buyer's contractual position. A resale involves an owner selling the property rather than the developer.
Those distinctions affect due diligence, deposit treatment, closing timing and sometimes the ability to negotiate.
Public availability can move quickly as the building approaches completion. Buyers considering completed alternatives can also review current Miami Beach condo listings.
Perigon Miami Beach Residences, Floorplans and Views
The project's existing residence materials show two- to four-bedroom configurations with private elevator entry, floor-to-ceiling glass and substantial outdoor space. One displayed Residence 1 plan on floors 11 through 15 includes four bedrooms, five bathrooms plus a powder room, approximately 5,778 interior square feet and 1,772 exterior square feet.
That example shows why a building-wide average price per square foot can be misleading. The value of a particular home depends on how its indoor and outdoor space, orientation and views come together.
Three-Bedroom Residences and Penthouse Options
A buyer considering a penthouse Miami Beach purchase should compare usable space, terrace configuration and privacy rather than relying on the penthouse label alone.
The same applies across Miami Beach penthouses for sale. Specifics worth asking include how much of the quoted area is exterior space, whether terraces receive usable sun and shade, which views are protected, and how many comparable penthouses could compete for a future buyer.
The Perigon should therefore be compared with completed penthouse inventory as well as residences still under construction. Buyers can review additional Miami luxury homes for sale as part of that comparison.
Floor, Exposure, Parking and Storage
Oceanfront does not give every residence the same view.
A buyer should consider floor height, orientation, neighboring buildings and what could legally be developed on nearby parcels. Renderings are helpful for understanding design intent, but the actual line and surrounding sites matter more when assessing long-term view exposure.
Parking and storage also need to be confirmed for the individual residence. The number of spaces, whether they are assigned, storage rights and any EV provisions can affect both daily ownership and eventual resale.
When Will The Perigon Miami Beach Be Completed?
The Perigon Miami Beach reached its full structural height in March 2026. The present project now specifies occupancy Summer 2027.
Topping out means the structural frame has reached its planned height. It does not mean the building is ready for occupancy. Façade work, interiors, mechanical systems, amenities, landscaping, inspections and final approvals still follow.
A simplified timeline is:
Topping out → façade and interiors → building systems and amenities → inspections → occupancy approval → closings
What If Completion Moves Beyond Summer 2027?
The purchase agreement is more important than the marketing timeline.
Buyers should understand how the contract addresses estimated completion, permitted extensions, outside dates, closing notices and any remedies if delivery takes longer than expected. A real estate professional can help identify the relevant provisions, but contract interpretation belongs with a Florida real estate attorney.
When Is the Remaining Balance Due?
The final balance is tied to the contractual closing process rather than the building simply reaching its full height.
Before signing, establish which deposits remain outstanding, what triggers each payment, how much is due at closing and how much notice may be provided before that closing.
For buyers managing investments across currencies or markets, that liquidity schedule deserves as much attention as the purchase price.
How Deposits Work at The Perigon and Other Miami Pre Construction Condos
Buyers comparing The Perigon with other Miami pre-construction condos should separate The Perigon's actual contract terms from generic market deposit schedules.
The deposit requirements need to come from the project documents. Percentages from another development are not a reliable substitute.
Stage | What to Confirm |
Reservation | Amount, refund terms and escrow agent |
Purchase contract | Amount and exact due date |
Later deposits | Percentage, timing and triggering event |
Pre-closing | Any remaining scheduled contribution |
Closing | Final balance and funding deadline |
How Florida Law Treats Pre-Construction Deposits
Florida Statutes §718.202 generally requires payments up to 10 percent of the sale price for an unfinished developer condominium to be held in escrow. Amounts above that initial 10 percent are also subject to statutory escrow requirements, although the law permits certain funds above 10 percent to be used for specified construction costs when the contract and statutory requirements allow it.
Reservation deposits receive separate treatment under the same statute. That is why buyers should know whether they are placing a reservation deposit or making a payment under an executed purchase agreement.
What Is Florida's Developer Condo Review Period?
Florida condominium law also gives buyers of qualifying developer units a statutory review period connected with the purchase agreement and required disclosure documents.
That period should be used to examine the contract, condominium documents, estimated operating budget and other disclosures with the appropriate advisors rather than simply to reconsider the aesthetics of the residence.
Before Wiring a Deposit
Large wire transfers deserve a disciplined verification process.
Confirm the escrow agent, amount, due date, ownership name and wire instructions through an independently verified contact channel. A last-minute email changing bank details should never be treated as sufficient verification on its own.
For transaction-specific coordination, contact The Joelle Team.
How Does The Perigon Compare With Other Miami Luxury Condos?
Among Miami luxury condos, The Perigon occupies a distinct niche: low-density new construction directly on the sand in Mid-Beach, with architecture playing a substantial role in the project's identity.
Buyers comparing luxury condos in Miami Beach, oceanfront condos in Miami Beach and other Mid-Beach condos should still consider the practical differences between ownership options, beyond the architecture and amenities.
Option | What the Buyer Is Primarily Comparing |
The Perigon Miami Beach | OMA-designed beachfront residences in Mid-Beach, with Summer 2027 occupancy targeted |
Rivage Bal Harbour | Under-construction oceanfront residences in Bal Harbour, with 56 homes and an emphasis on privacy |
The Ritz-Carlton Residences, South Beach | Boutique pre-construction residences pairing a South Beach setting with Ritz-Carlton hospitality |
Completed Surfside oceanfront inventory | Finished residences, established resale history and existing building operations |
Sunny Isles new construction | Larger oceanfront towers, branded developments and a different neighborhood environment |
The Perigon's Mid-Beach location places it in a different coastal setting from both Rivage and The Ritz-Carlton Residences, South Beach. Rivage offers the quieter residential character of Bal Harbour, while the Ritz-Carlton project places owners closer to South Beach's restaurants, cultural attractions, and hotel amenities. Buyers considering all three developments will encounter different residence configurations, construction schedules, and service arrangements, even when their budgets overlap.
A completed residence allows the buyer to inspect the finished view, common areas and building operations firsthand. A Perigon buyer is making some of those decisions before the project has begun normal operations.
That difference is not a reason to favor one automatically, but it does change what needs to be investigated.
Miami Beach Condos for Sale Oceanfront: Where The Perigon Fits
Buyers looking for Miami Beach condos for sale on the oceanfront encounter both completed resale properties and new projects approaching delivery.
With a completed residence, the buyer knows exactly what the view looks like and how the building operates. At The Perigon, the buyer instead gets newer architecture and a Summer 2027 occupancy target, while accepting the remaining delivery and pre-construction considerations.
The Perigon vs. New Condos in Miami
Comparing new condos in Miami with beachfront preconstruction condos in Miami Beach involves more than comparing finishes.
Brickell and Downtown provide a more urban environment and different inventory profile. Sunny Isles has its own established corridor of oceanfront towers. Surfside and Bal Harbour have another style of lower-density luxury, while Miami Beach combines beachfront living with a broader hospitality and cultural environment.
A similar price does not make those ownership experiences equivalent.
Long-Term Ownership, Resale and Intended Use
The Perigon may suit a long-term owner who values beachfront land, lower density, large outdoor spaces and architecture. Those characteristics do not guarantee appreciation.
Purchase basis, association expenses, insurance, building operations, rental rules and future competing inventory still shape the ownership outcome.
One question is particularly important as the building nears delivery: how many comparable residences could reach the resale market at the same time?
Some original buyers may hold for years. Others may decide to sell after closing, while permitted assignments or competing new developments could add more alternatives for the same buyer pool.
A residence with a strong line, useful terrace, desirable view and sensible acquisition basis may therefore behave differently from another unit in the same tower.
Primary Residence or Vacation Home?
For a primary resident, The Perigon offers private elevator entry, substantial living space and direct beachfront access. Project materials also describe spa and fitness facilities, concierge services, valet and in-residence dining.
For buyers comparing Miami Beach condos as second homes, the service model may make the building particularly attractive for lock-and-leave ownership.
That also places The Perigon within the broader market for oceanfront condos in Miami Beach, where service level can be as important as the physical apartment.
Recurring costs still matter. Resort-style amenities and extensive staffing become part of the association's ongoing operating structure.
Guest Suites and Rental Flexibility
The project promotes guest accommodations, but owners should confirm how reservations, fees, availability and use rights work rather than assuming a private guest suite belongs to every residence.
Rental rights also need to be checked in the current condominium documents. Buyers planning to rent should verify minimum lease terms, annual leasing limits, and other restrictions before signing.
Seasonal buyers who want to experience the area first can also browse luxury rentals in Miami.
What Should I Ask Before Reserving at The Perigon?
A serious buyer should have clear answers to the following before committing:
- Which residences are available now?
- When was the current price sheet issued?
- Is the unit developer inventory, an assignment or a resale?
- What is the exact deposit schedule?
- What is the expected occupancy and closing window?
- What does the proposed association budget show?
- Which parking and storage rights come with the residence?
- What are the leasing restrictions?
- Is assignment permitted before closing?
- Which finishes and appliances are included?
- Could neighboring development affect the view?
- How are owner guest suites reserved and charged?
Some answers come from the sales team. Others belong in the contract, prospectus, declaration or conversations with legal and tax advisors.
What International Buyers Should Check
International buyers are a significant part of South Florida luxury real estate, but nationality, tax residence and ownership structure can add another layer to a Perigon purchase.
Foreign buyers may need to consider financing, currency movement between deposits, ownership entities, estate planning and remote closing logistics.
FIRPTA is generally a future-sale issue rather than a tax created simply by purchasing a condominium. The IRS applies FIRPTA withholding to dispositions of US real-property interests by foreign persons.
Florida also has property-acquisition restrictions that can affect certain foreign principals and specific transactions. Buyers whose circumstances may fall within those rules should obtain qualified legal advice rather than relying on a general statement that all foreign nationals can purchase without restriction.
Buying at The Perigon With Buyer-Side Representation
Buyer-side representation becomes most useful when it moves beyond arranging a tour.
At The Perigon, that can mean identifying whether the available opportunity is developer inventory, assignment or resale; comparing lines and floorplans; reviewing completed alternatives; coordinating attorney review; tracking deposit obligations; and preparing for delivery.
Joelle Oiknine has worked in South Florida luxury real estate for more than two decades and leads The Joelle Team at ONE Sotheby's International Realty. Her profile lists Florida license #3046848 and a focus on luxury condominiums, homes and trophy residences.
Learn more about Joelle Oiknine and The Joelle Team.
For current Perigon inventory and a residence-by-residence comparison, call 305.491.1885 or contact The Joelle Team.
Frequently Asked Questions About The Perigon Miami Beach
What is the price of a residence at The Perigon Miami Beach?
The Perigon Miami Beach prices have changed during the sales cycle. When the tower topped out in March 2026, remaining residences were reported from approximately $12.55 million. Buyers should request the latest price sheet because the available inventory and pricing may now be different.
Is The Perigon directly on the beach?
Yes. The development is on the Atlantic Ocean side of Collins Avenue in Mid-Beach. OMA describes the site as extending between Indian Creek and the Atlantic, with the architecture oriented toward ocean and bay views.
Who developed The Perigon?
Mast Capital and Starwood Capital Group are identified by OMA as the project clients. OMA designed the building, with Jason Long listed as partner.
How many residences does The Perigon have?
The official project states that The Perigon has 73 residences. Older sources show slightly different totals, so the prospectus and current developer documents should control for transaction purposes.
Can I buy at The Perigon if developer inventory sells out?
Potentially. Future opportunities may include permitted assignments or resale listings. Whether an assignment is possible depends on the original contract, while availability will change as the project approaches closing.
Does The Perigon have penthouses?
Yes. Buyers comparing Miami Beach penthouses for sale should assess interior area, terrace configuration, privacy, view and inventory type rather than relying on the penthouse designation alone.
What is the best luxury condo in Miami?
There is no single best building for every buyer. The answer depends on whether the priority is new construction, direct beachfront, privacy, density, hotel-style services, immediate occupancy, neighborhood or purchase basis. The Perigon's distinguishing characteristics include OMA architecture, direct Miami Beach frontage and low-density positioning.
What is the most expensive condo in Miami?
The answer changes depending on whether the measure is asking price, signed contract or closed sale. For someone considering The Perigon, recent comparable oceanfront transactions and competing inventory are more useful than a citywide record price.
Where do most billionaires live in Miami?
There is no official count showing where "most" billionaires live. Ultra-high-net-worth ownership is associated with areas including Indian Creek, Fisher Island, Star Island, Bal Harbour, Surfside and premium sections of Miami Beach.
What is The Perigon Miami?
The Perigon Miami is a common search variation for The Perigon Miami Beach, the OMA-designed oceanfront condominium at 5333 Collins Avenue. The project is located in Miami Beach rather than within the City of Miami.
Compare the Residence, Not Just the Building
The Perigon has several attributes that are difficult to reproduce: direct beachfront land, OMA architecture, a limited residence count and a service model aimed at the highest end of the Miami Beach market.
The purchase still comes down to the individual residence.
The inventory, floor and exposure, terrace quality, purchase basis, deposit timing, operating expenses and contract terms will determine whether a particular opportunity makes sense for a particular buyer.
The project currently lists Summer 2027 occupancy, which gives buyers time to make that comparison carefully rather than treating the decision as a race to reserve.
To compare available Perigon residences, floorplans and other Miami Beach options, call The Joelle Team at 305.491.1885 or schedule a private consultation.
