If you’re considering purchasing a residence at The Perigon in Miami Beach, it pays to dig deeper than the standard project details. This article provides an independent assessment of The Perigon, with the goal of offering a transparent, unbiased perspective. I visited the sales office, spoke with key members of the development team, and closely analyzed prices, floor plans, and the projected timelines. I also explored the project’s financials and meticulously reviewed the finishes. Here’s what I uncovered:
Finally, I’ve compared these residences not only with other new and existing Miami Beach condos but also with new developments across Miami. Whether you’re reading in detail or seeking quick insights, I hope you find this review helpful. Be sure to check out my conclusions at the end!
1. Enhanced Privacy and Security
The Perigon Miami Beach will feature a gatehouse, making it challenging for uninvited guests to access the lobby. Unlike many luxury condos where entry is unmonitored, The Perigon will offer robust security at both the lobby and beach entrances. A security officer will also be stationed on the beach to ensure residents’ privacy, given the high-profile nature of the community. With only 73 residences, The Perigon offers a boutique living experience, ideal for those who prioritize privacy and security.
2. Prime Location of The Perigon Miami Beach
In recent years, luxury buyers have shown less interest in South Beach due to its heavy tourist traffic. Instead, many Miami Beach condo buyers now seek quieter, more residential areas like Surfside or Bal Harbour. They want proximity to dining, shopping, and entertainment without sacrificing a peaceful home environment. The Perigon, located at 5333 Collins Ave, offers just that—a serene, residential setting. While the area isn’t as walkable as other parts of Miami Beach, it provides an ideal balance of tranquility and access to nearby amenities.
3. Architecture and Views
The Perigon is a visionary project by renowned architect Rem Koolhaas, known for acclaimed designs like Park Grove. Rather than promoting a project solely for its name, we believe it must stand out on its own merits. The Perigon’s design achieves this, offering not only striking aesthetics but also thoughtful, functional architecture.
The building’s unique layout features a series of “towers” that are rotated to provide every residence with stunning views of the Atlantic Ocean. At the same time, these towers are angled to capture views of Biscayne Bay and the Miami skyline. While ocean views are a major attraction, west-facing residences are equally impressive, offering vistas of the canal-front estates along Pinetree Drive, the Intracoastal, and the La Gorce Golf Course. Residents can enjoy these captivating, round-the-clock views.
The triangular design enhances natural light, and the spacious, well-planned floor plans create a sense of home in the sky. Expansive wrap-around and private terraces further elevate each unit’s value. The Perigon Miami Beach is set to achieve LEED Gold certification upon completion, underscoring its commitment to sustainability.
Interior design by Tara Bernerd, celebrated for her work in high-end hotels and private yachts, and landscaping by Gustafson, Porter & Bowman, known for projects like the green space at the Eiffel Tower and the Princess Diana Memorial Fountain in London, complete this exceptional residence.
4. Uniqueness of Perigon in Miami Beach
The Perigon stands out as one of the most sought-after luxury condo developments on Miami Beach. It’s the only new condo on the beach that offers spacious 3- and 4-bedroom residences directly on the sand. While Five Park is another recent construction in Miami Beach, it lacks this beachfront location. Beyond The Perigon, there are limited ultra-luxury resale options on the sand, with choices like Eighty Seven Park and 57 Ocean. As a result, many affluent buyers have turned to Surfside, Bal Harbour, or the South of Fifth area for similar offerings.
For buyers committed to Miami Beach and seeking a truly luxurious, new condo, The Perigon is a natural choice. Its status as one of the only new beachside developments in recent years makes it highly unique. With expansive residences, breathtaking views of the Ocean, Intracoastal, and Indian Creek, and an exclusive setting, The Perigon checks all the boxes for luxury in a private, spacious environment.
5. The Economics
This final point provides a data-driven look into The Perigon’s economics, using insights from our Condo Geeks analytical tool. The average blended price at The Perigon is around $3,000 per square foot, though actual pricing varies based on floor plan and elevation. It’s important to note that the price per square foot is calculated solely on interior space; however, The Perigon’s expansive terraces—many adding 25% or more to the total unit area—offer valuable, usable living space that isn’t factored into this cost.
How does The Perigon compare with other condos in Miami?
Below, we compare The Perigon to other new construction condos across Miami. While it ranks among the priciest, it aligns with other high-end BEACHFRONT options like Rivage, Six, St. Regis Sunny Isles, and Bentley.
Our Condo Geeks system provides a comparison to existing condos in beachfront neighborhoods like Sunny Isles, Surfside, Bal Harbour, and Miami Beach. Many properties in these areas command prices of $2,500 per square foot or more, with examples like The W South Beach, The Surf Club Residences, Arte, Continuum, Apogee, and Eighty Seven Park.
For a personalized analysis based on your preferred unit and price expectations, feel free to reach out at (305) 508-0899.
6. What We Don’t Like About The Perigon Miami Beach
No single condo is perfect for everyone, so here are some aspects that may not suit all buyers.
The Perigon is among the most expensive new developments in Miami. While it may be worth the investment, it’s worth noting that if you’re looking for a 3-bedroom residence under $6M, this won’t be the right fit. Additionally, the location is more residential, offering less walkability and fewer nearby restaurants and shops. The surrounding area also includes a number of older condo buildings.
If beachfront living appeals to you, you may also like these options:
- The Surf Club Four Seasons offers exceptional service and amenities.
- Eighty Seven Park is a boutique condo known for its high service standards.
- 57 Ocean is in the Perigon area, featuring a larger building and a more accessible price range.
- Fendi Chateau is a boutique-style condo that is ready for move-in.
7. Inclusion and Recommendations
The Perigon delivers a unique blend of single-family home living elevated to a high-rise setting, ideal for those who value secure, private beachfront residences. It’s a perfect match for those who prefer a quiet environment while staying close to the city’s attractions. These spacious, thoughtfully designed units boast ample natural light, and the boutique condo style does not come at the expense of amenities.
With over 15 years of studying the Miami condo market, a clear trend among high-performing condos has emerged: they are designed for end-users. The expansive residences at The Perigon Miami Beach cater specifically to this demographic, reinforcing our confidence in the development’s potential for exceptional market performance.
Schedule A Meeting with David
Want to learn more about Perigon Miami Beach or schedule a private showing of the sales center? Contact me at 305.508.0899 or schedule a meeting below.