The high-end real estate market in South Florida shows no signs of slowing down. Houses are becoming more of a staple food, not a rare one, rather a desire to exceed US$100 million.
The New York Post includes 11,855 square feet of waterfront real estate priced at US$135 million this year, and three compounds listed by celebrity agent Fredrik Ecklund for US$150 million. We reported that some amazing lists are on the market this year.
The most expensive candidate? The Spec Home for Manarapan is listed for an astounding $285 million.
Even former NFL star Tom Brady is rumoured to be testing the waters with a custom-built “billionaire bunker” at Indian Creek Village, with potential price tags of 100 million That’s USD 50 million.
Some of these eye-opening figures speculate that Miami’s real estate market is in bubble territory. However, industry experts have opposed, saying the New York Post has a super-luxurious segment working in different arenas.
“The market hierarchy at SuperLux has little to do with the local real estate market,” said Jonathan Miller, CEO of valuation company Miller Samuel. “The $150 million sale is a global list.”
Agents are taking advantage of momentum. In 2024 alone, sales in the US were over US$100 million. This is the second highest number on record since the 9th in 2021.
