Highest-Priced Miami Pre-Construction Condos: The Perigon Miami Beach

OMA — Rem Koolhaas's firm — has shaped some of the most influential buildings in the world (CCTV Headquarters, Seattle Central Library, Prada Foundation Milan). Until The Perigon Miami Beach, none of them were oceanfront residential towers in the United States.

The project sits on 200 feet of private shoreline at 5333 Collins Avenue in Mid-Beach, and topped off in March 2026 — making it the first new oceanfront residential tower in Miami Beach to reach full height in this cycle.

This is the seventh profile in our highest-priced Miami pre-construction condo series.

The Quick Take

View The Perigon building page · Browse all Mid-Beach condos for sale · Mid-Beach neighborhood guide

Why It Sits Near the Top of the Market

Three things put The Perigon firmly in the trophy conversation:

1. OMA's first U.S. oceanfront residential commission. The project is designed around an angled, terraced massing that gives every residence both east (ocean) and west (city/sunset) views. That's structurally rare in oceanfront condos, where most lines have one orientation.
2. 200 linear feet of beach. Most "oceanfront" Miami Beach buildings sit on 100–150 feet of shoreline. The Perigon's wider footprint creates a meaningfully different relationship between the building and the beach.
3. Topped-off status. As of early 2026 it's the first new oceanfront tower this cycle to reach full height. For trophy buyers, "construction risk de-risked" is a real factor in pricing.

Pricing Reality

Public marketing places 2-bedroom starts at $4.25M, 3-bedroom from $7.55M, and 4-bedroom from $9.52M. As inventory has tightened approaching delivery, remaining lines are reportedly priced from ~$12.55M. Top inventory and the trophy penthouses have been quoted as high as ~$37M, putting The Perigon in the same conversation as Mid-Beach's existing trophy benchmarks (Faena House, Eighty Seven Park, The Edition Residences).

Per-square-foot pricing on top inventory clears $3,500–$4,500/sf, in line with current trophy Mid-Beach product.

What Makes the Product Different

OMA's massing approach is the headline:

• Angled, terraced building geometry that opens every residence to ocean and sunset views
• 9 ground-level "guest suites" for resident family/visitors — a service-oriented amenity at this tier
• Tara Bernerd interiors with high-end finishes typical of her Six Fisher Island and London Mayfair work
• Two duplex penthouses + a trophy penthouse as the top tier

The amenity stack is built for permanent residents:

• 200 feet of private oceanfront, plus pool deck and beach club
• Wellness, spa, treatment rooms, sauna, fitness
• Resident-only dining venues
• 9 guest suites bookable by residents
• Concierge, valet, in-residence dining
• Sunset terraces and sky lounges leveraging the angled geometry

Buyer Fit

The Perigon is a fit for:

• Trophy buyers who specifically value architectural pedigree — OMA carries weight in the same buyer pool as Robert A.M. Stern (Shore Club) or Foster + Partners (Faena Forum, 619 Brickell)
• Owners cross-shopping against Faena House, The Edition Residences, Eighty Seven Park, and Casa Cipriani
• Buyers who want a Mid-Beach beachfront residence without committing to a private members' club
• Multi-home owners who want dual-orientation views (sunrise + sunset) from a single residence

It's probably not the right fit for:

• Buyers who want a pure-glass-tower aesthetic — OMA's design is intentionally sculptural, not minimalist
• Anyone optimizing for short-term-rental yield (this is a long-hold residence)
• Buyers in the Brickell / Downtown supertall conversation — different product class

How It Compares to Other Trophy Projects

The closest direct comp is Eighty Seven Park (Renzo Piano's first U.S. residential), already delivered just up the beach. Both are architect-led, ultra-low-density, oceanfront product on Mid-Beach. The Perigon's edge: dual-orientation views, 200 feet of private beach, and OMA's signature massing.

The Risk Side

The Perigon's risk profile is more favorable than most pre-construction in this list because the building has topped off — but real questions remain:

• Final delivery timing — 2027 occupancy is the marketed target; finishes and TCO routinely add quarters
• Inventory pricing approaching delivery — limited remaining lines reportedly cleared $12.55M, so floor-plate selection matters more now than at launch
• HOA carrying cost — beach club service + 9-suite guest program + private oceanfront isn't cheap to operate
• Resale liquidity at the very top — penthouse-tier product trades thin
• Mid-Beach insurance assumptions — oceanfront premiums are real and pricing in

Bottom Line

The Perigon is OMA's first U.S. oceanfront residential project and one of the few new Miami Beach trophy towers that has already topped off. With $4.25M starts and a reported $37M ceiling, plus dual-orientation OMA-designed residences and 200 feet of private shoreline, it sits firmly alongside Mid-Beach's established trophy product.

For architecture-led buyers who care more about who designed the building than what brand operates it, this is the project at the top of the list. For everyone else, it's the benchmark for what de-risked, architect-led oceanfront Mid-Beach pre-construction looks like.

More From the Highest-Priced Pre-Construction Series

• Six Fisher Island: $15M+ private-island residences
• Ritz-Carlton Residences South Beach: $4M–$125M condos
• Shore Club Private Collection: Auberge + Robert A.M. Stern
• Casa Cipriani Mid-Beach: $25M+ members'-club residences
• Rivage Bal Harbour: SOM-designed $8M–$65M condos
• Waldorf Astoria Residences Miami: 100-story supertall
• 888 Brickell by Dolce & Gabbana: fashion-branded supertall
• Baccarat Residences Brickell: 75-story riverfront
• Mandarin Oriental Residences Miami: KPF-designed Brickell Key

Sources and Further Reading

• Official Perigon Miami Beach site
• CondoBlackBook profile
• PROFILEmiami — top-off announcement
• Commercial Observer — $390M financing
• Miami Condo Investments project page