With a sizzling hot nightlife, sumptuous beaches, and some of the best restaurants in all of Florida, Miami is a golden opportunity for investors and long-term residents alike. Where other metropolitan areas have flagged after the pandemic as people seek a better work-life balance, this sunny city has only grown more popular.

Fueled by a tech boom and huge population growth, Miami has undergone a miraculous transformation in recent years. This, along with the investor-friendly political environment, assures great returns for anyone lucky enough to snag one of the many gorgeous condominiums in the town.

Today, we’ll take a look at five of the most high-class condo projects in the city, including some tantalizing pre-constructions waiting for your investment.

Porsche Design Tower

One of Miami’s most remarkable innovations in recent years has been the increasing investment by high-end automotive manufacturers into real estate. Among these is the shining gem on Sunny Isles Beach, Porsche Design Tower.

The 60-story, 132-unit tower has one of the most unique features in any Miami condominium: the Dezervator, named for developer Gil Dezer. This automotive elevator allows residents to go from street to studio without ever stepping out of their car; they can park two to four vehicles directly outside of their unit in a “sky garage.” A resident of the Porsche Design Tower need never worry about dings or scratches to their brand new electrified Porsche, as it will always be right in line of sight. Every unit also has its own summer kitchen to better appreciate South Florida’s beautiful climate.

Porsche Design Tower was designed by the renowned Sieger Suarez Architects and opened in 2017. Units start at $4 million and go up to $32.5 million.

YotelPad

YotelPad, completed in 2022, was made for digital nomads. The 31-story tower, designed by Canada-based Stantec, offers 231 furnished units and 222 micro-hotel rooms with no rental restrictions, making it an excellent option for investors.

What sets YotelPad apart is its three Techi robotic butlers, which can deliver snacks, drinks, gifts, and documents to any of the units at any time of day. The tower also includes an outdoor pool with tiki bar, Middle Eastern restaurant, club lounge, and pet spa, as well as a gourmet coffee bar to meet any caffeine needs.

Units here are affordable compared to other options on the list, ranging from $400,000 to $600,000, which makes them a good choice for an entry-level investor still learning the trade.

Palazzo della Luna

Designed by well-respected design firm Kobi Karp and delivered in 2019, Palazzo della Luna is a 10-story condominium complex located on Fisher Island that bills itself as not just luxury but ultra-luxury.

Fisher Island is one of the richest ZIP codes in the United States; it’s a man-made island constructed by the government to ease traffic. Over the last century, it has grown into one of the most exclusive areas in the world, featuring stunning beaches made with white sand imported from the Bahamas. The average annual salary of a Fisher Island resident is $2.2 million, which is more than enough to afford prices that range between $6.5 and $40 million.

Residents and visitors of the 50-unit building can enjoy a plethora of amenities, which include tea gardens, a bocce ball court, a yoga lawn, saunas, a theater, a fitness center, and a beauty salon.

Viceroy Brickell - The Residences

Moving back to Miami’s mainland, there are many exciting projects coming up on the pre-construction side of investment, particularly in Miami’s most desirable neighborhood: Brickell. The financial heart of the city, Brickell continues to outperform in terms of amazing opportunities for short-term condominium rentals.

One of the most highly anticipated projects, set to be delivered in 2026, is Viceroy Brickell Residences, which is the brainchild of the world-renowned Viceroy hospitality brand. This extensive experience in hotel services has paid off in the perfectly designed condominium high-rise, which will have 45 stories and 498 units.

Designed by Arquitectonica and featuring interior design from award-winning boutique interior design firm Meyer Davis, Viceroy-Brickell will afford residents and visitors complimentary membership to the exclusive Grand Bay Club at Key Biscayne, as well as an outdoor spa, fitness center, exclusive clubroom, and 24/7 security services for total peace of mind.

Unit prices start in the mid-$600s for a studio, affording owners an amazing return on investment when considering Miami’s huge tourism traffic.

Mercedes-Benz Places

Another highly anticipated project is by the beloved car manufacturer Mercedes-Benz who, like Porsche, has broken into the real estate market in grand style. They recently broke ground on another property in Dubai and have now joined the rush in Miami.

The 65-story Mercedes-Benz Places, located in the trendy Brickell neighborhood, will feature 390 residences and is designed by SHoP architects, with a particular focus on sustainability and lush outdoor spaces. It’s one of the largest development projects underway in Miami and will encompass over 2.5 million square feet.

The building’s amenities include a pool, office spaces, fitness center, restaurant, spa, and over 1,000 parking spaces so that car enthusiasts will never have to worry about finding a place to park. Prices start at $800,000 for a studio, and the project is set to be delivered in 2027.