Top 5 Highest Condo Sales in South Florida for 2024
Featured September 12, 2026
Featured September 12, 2026
South Florida top 5 highest luxury condominium sales of 2024 totaled over $118 million across Surfside, Miami Beach, and Bal Harbour. Led by a record-setting $44 million penthouses at Four Seasons Surf Club and a $35 million full-floor residence at Arte, ultra-luxury oceanfront properties set benchmark valuations reaching up to $6,300 per square foot.
Review off-market penthouse opportunities, oceanfront valuations, and luxury sales data across Miami Beach, Surfside, and Bal Harbour with Richard Goihman.
Property / Building Name | Location / Submarket | Closed Sale Price | Key Architectural Features | Market Impact |
|---|---|---|---|---|
Four Seasons Residences at The Surf Club | Surfside, FL | $44,000,000 | Oceanfront penthouse, private rooftop pool, Richard Meier design | Established Surfside as a rival to South Beach for ultra-high-net-worth buyers |
Arte by Antonio Citterio | Surfside, FL | $35,000,000 | Full-floor residence, Italian travertine facade, 360-degree ocean views | High demand for ultra-exclusive boutique developments with under 20 units |
Setai Hotel & Residences | Miami Beach, FL | $16,000,000 | 2,521 sq ft ($6,300/sq ft), high-floor oceanfront, David Guetta celebrity seller | Set per-square-foot valuation benchmark for South Beach hotel-condo towers |
Continuum South Beach | South of Fifty, Miami Beach | $12,500,000 | Corner unit, private elevator foyer, direct ocean and inlet views | Proves sustained demand for gated 12-acre South of Fifth resort enclaves |
St. Regis Residences | Bal Harbour, FL | $11,000,000 | Deep oceanfront terraces, butler service, steps from Bal Harbour Shops | Reaffirmed Bal Harbour position for five-star branded condo investment |
Data source: Miami Association of REALTORS Multiple Listing Service (MLS), Miami-Dade County Public Records, and South Florida Luxury Market Reports [1].
The South Florida luxury condominium market reached historic valuation heights in 2024. Driven by ongoing domestic migrations from high-tax states and global capital allocation into prime coastal real estate, benchmark transactions across Miami Beach, Surfside, and Bal Harbour exceeded $118 million across the top five closed deals alone. For buyers and sellers evaluating South Florida luxury real estate, analyzing these top transactions reveals key shifts in buyer preferences and pricing power.
The top condominium transaction in South Florida for 2024 was recorded at the Four Seasons Residences at The Surf Club in Surfside, closing at $44 million. Designed by Pritzker Prize-winning architect Richard Meier, the penthouse features expansive indoor-outdoor living spaces, a private rooftop pool, and panoramic ocean vistas. This sale established Surfside as a leading contender against traditional Miami Beach enclaves for ultra-high-net-worth real estate buyers.
Securing the second highest sale of 2024, a full-floor residence at Arte by Antonio Citterio in Surfside closed for $35 million. Featuring a distinctive bronze-and-travertine pyramid design, Arte contains only 16 residences, delivering total privacy, private elevator entry, indoor swimming facilities, and tennis courts. The transaction underscores growing demand for boutique ultra-luxury developments offering low residential density.
International DJ and producer David Guetta sold his 2,521-square-foot oceanfront residence at The Setai Miami Beach for $16 million. Achieving a valuation of $6,300 per square foot, this three-bedroom high-floor unit features Asian-inspired interior architecture, direct ocean views, and full access to The Setai five-star hotel amenities and beach service.
Key 2024 South Florida Luxury Market Benchmarks
A oceanfront corner residence at Continuum South Beach closed for $12.5 million. Located in the South of Fifth (SoFi) neighborhood, Continuum occupies 12 private acres of resort gardens, tennis courts, and private beach access. The residence features floor-to-ceiling glass walls, private elevator foyer access, and views of Government Cut and the Atlantic Ocean.
The St. Regis Bal Harbour recorded a notable $11 million sale. Positioned directly across from Bal Harbour Shops, the St. Regis provides butler service, private cabanas, Remède Spa, and oceanfront dining. Bal Harbour continues to maintain strong resale demand among international buyers seeking branded five-star service.
Several macro factors continue to support the expansion of South Florida luxury condo market:
First, Florida zero state personal income tax structure encourages high-earning individuals and corporate leaders from California, New York, and Chicago to permanently relocate capital. Second, scarcity of beachfront land along barrier islands like Surfside and Bal Harbour creates a natural floor under luxury property values. Third, international brand partnerships, including St. Regis, Four Seasons, Armani, and Porsche, give buyers confidence in property management and long-term asset value.
For additional market research across neighboring oceanfront enclaves, review our guide to Sunny Isles Beach luxury condos, examine architectural landmarks in Sunny Isles, or read our Aventura neighborhood real estate report.
Citations & Data Sources:
[1] Miami Association of REALTORS Sales Records & Miami-Dade County Property Appraiser Filings.
Richard Goihman, known as "The Condo King," is Executive Director of Condo Sales at Douglas Elliman and founder of The Goihman Group. With over two decades of experience representing buyers and sellers in South Florida premier luxury condo towers, Richard delivers market knowledge and negotiation strategies across Miami Beach, Surfside, Bal Harbour, and Sunny Isles Beach.
Connect with Richard Goihman South Florida Luxury Condo Specialists
The highest closed condo sale in South Florida in 2024 was $44,000,000 at the Four Seasons Residences at The Surf Club in Surfside, FL.
The Setai Hotel & Residences in Miami Beach achieved $6,300 per square foot in the $16,000,000 sale of David Guetta high-floor oceanfront residence.
Surfside, Miami Beach (specifically South of Fifth), and Bal Harbour recorded the highest concentration of multimillion-dollar luxury condo transactions in 2024.
Ready to evaluate luxury condo options or list an oceanfront residence in South Florida? Contact Richard Goihman and The Goihman Group today for personal real estate advisory.
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