March 2025: Miami New Development and Pre-Construction Condo Update

Fueled by the rising demand for luxury living in South Florida, developers are fast-tracking timelines, reviving paused projects, and prioritizing on-time completions. This past March, two eagerly awaited developments officially welcomed their first residents: 72 Park in North Beach and Alana in Bay Harbor Islands.

Also in March, the Allen Morris Co. launched sales for Ziggurat, a boutique, nature-inspired retreat featuring spacious, modern residences in the heart of Coconut Grove. Meanwhile, two notable condo projects have undergone fresh rebrands and enhancements to better meet today’s buyer expectations: Twenty-Nine Indian Creek, now simply 29 Indian Creek, in Mid-Beach, and 7918 West Drive, now reintroduced as Tula Residences, in North Bay Village.

Keep reading to discover which Airbnb-friendly project—complete with fully furnished units and wellness-focused amenities—officially broke ground this month, plus other key highlights in our March 2025 Miami condo pre-construction and development update:

— March 2025 - Miami Condo Pre-Construction Market at a Glance

Sales Launched

• Ziggurat – Coconut Grove

Converting to Contracts

• 14 ROC – Arts & Entertainment District

To Be Relaunched

• 29 Indian Creek (previously Twenty-Nine Indian Creek) – Mid-Beach
• Tula Residences (previously 7918 West Drive) – North Bay Village

Completed

• 72 Park – North Beach
• Alana – Bay Harbor Islands

Broke Ground

• Edge House – Edgewater

Approved

• Clear Residences – Downtown Miami
• Deauville Hotel Redevelopment – North Beach

Planned/Proposed

• Casa Cipriani Miami – Mid-Beach
• Season One – Brickell
• Midtown Park – Midtown
• Kolter and BH Group’s Oceanfront Condos – North Beach
• Multiplan REAM Plans Luxury Condos – Coral Gables

Construction Updates

• 501 First – Downtown Miami
• Vida Residences – Edgewater
• Waldorf Astoria Hotel and Residences – Downtown Miami
• Casa Bella Residences by B&B Italia – Arts & Entertainment District
• 600 Miami Worldcenter – Downtown Miami
• Legacy Hotel & Residences – Downtown Miami
• Cipriani Residences – Brickell
• Tower 36 – Edgewater
• The Delmore – Surfside
• The St. Regis Residences – Brickell

Other Updates

• Ella Miami Beach – North Beach
• Arbor Residences – Coconut Grove
• Shoma Bay – North Bay Village

Watchlist

• Failed Buyout Attempt at The Mutiny – Coconut Grove

— Miami Pre-Construction Condo Market: Sales Launched

Ziggurat – Coconut Grove

Groundbreaking – Q3 2025 | Completion – N/A

Developer Allen Morris Company launched sales for its stunning mixed-use project in the heart of Coconut Grove this March. The architectural masterpiece by Oppenheim Architecture blends modern design with lush landscaping, featuring gardens by Naturalficial’s Andres Arcila.

Rising three stories in the shape of a pyramid, this nature-clad retreat will offer only 19 homes with bespoke interiors by Collarte Interiors. Units will range from 1,254 to over 5,000 square feet. The condo low-rise will be accompanied by a separate five-story building providing 100,000 square feet of class-A office space next door. Together, the two buildings will encompass 40,000 square feet of ground-level retail and a rooftop restaurant with views of Biscayne Bay.

With a focus on community and sustainability, the building will unveil lush paseos that lead to a landscaped interior courtyard. Ground-floor retail spaces—including various shops, restaurants, and wellness concepts—will also connect to this inner courtyard, fostering a vibrant atmosphere.

In exchange for approvals, the developer has offered to fund improvements to the nearby Kirk Munroe Park and Fuller Street. 

Prices range from $2.3 million to $8 million, with a choice of two- to five-bedroom residences.

— Miami Pre-Construction Condo Market:

: Converting to Contracts

14 ROC – Arts & Entertainment District

Groundbreaking – Spring 2025 | Completion – 2027

With 20% of the project already presold, developer GFO Investments is now preparing to convert reservations into contracts. This move not only reflects the developer's confidence in the Airbnb-friendly project, but also offers buyers the opportunity to secure their preferred floor plans early. Reach out now to connect with a short-term real estate investment expert on our team who can share details on unit availability, investment potential, and projected returns at this centrally located development.

Designed by RSP Architects and with interiors by March and White Design, this short-term rental-friendly project will rise 32 stories with 283 furnished residences. It is named after its organic architectural design with a base that resembles a rock. Units will range from 410 to 960 square feet.

Featuring 25,000 square feet of amenities across three levels, as a resident you will have access to a rooftop pool, grilling areas, a fitness center, a yoga lounge, a steam and sauna room, a game room, a kids’ room, and a coworking lounge. The entertainment lounge will come complete with a kitchen, a karaoke room, and a theater. There will also be 1,502 square feet of retail, a 2,000-square-foot full-service restaurant, and lush landscaping by Urban Robot Associates. 

Approved by the Federal Aviation Administration to rise 407 feet above sea level, and with a utilities agreement in place, developers expect to break ground on this luxury development by spring. Since the development falls within the School Board Metromover rapid transit zone, there will be no on-site parking.

Prices started at $495,000, with a choice of studios to two-bedroom residences.

—

Miami Pre-Construction Condo Market: To Be Relaunched

29 Indian Creek (previously Twenty-Nine Indian Creek) – Mid-Beach

Groundbreaking – 2025 | Completion – Year-end 2026

Developer Trinity Southern has re-launched sales for the new 29 Indian Creek, with Serhant taking over sales. Originally launched by JMH Development two years ago under the name Twenty-Nine Indian Creek, the highly exclusive project originally offered just 11 luxury condos and two townhouses. Trinity took over in September 2024, and has since revitalized the waterfront development in partnership with JMH. 

With Urban Robot Associates handling architecture, interiors, and landscaping, you can expect a seamless narrative crafted for modern, upscale living. The waterfront building will include 20 luxury condos and two two-story townhomes, all offering striking views of the bay and Faena District. Units will range from 820 to 1,750 square feet.

Each residence will feature a high-end kitchen with a large stone island, custom bone-white lacquered millwork cabinetry, and a premium appliance package that includes a built-in wine cooler for every residence.

Developers announced that this exclusive project will deliver amenities on par with Miami’s major condo developments. It will feature a state-of-the-art fitness center, an infrared sauna and cold plunge, a rooftop pool area with lounge chairs, a summer kitchen with barbeque and dining areas, and an outdoor shower. 

First-time buyers will also enjoy an exclusive membership to the Beach Club at the Miami Beach EDITION, including unlimited access to oceanfront beach service, cabana reservations, discounts at all EDITION restaurants and lounges, full hotel amenity access, and perks for EDITION hotel events and experiences.

Prices are expected to range from $1.4 million to over $3 million, with a choice of one- and two-bedroom residences plus two two-story townhouses.

Tula Residences (previously 7918 West Drive) – North Bay Village

Groundbreaking – February 2023 | Completion – 2026

With developer Vivian Dimond taking over the project, 7918 West Drive will now be re-launched and completed under its new name, Tula Residences. Construction has been on hold since February last year, with the building shell completed up to the 15th floor. The original developer, Malaysia-based Pacific & Orient Properties, will remain a partner but no longer be actively involved in development activities.

Tula Residences, despite its one-year delay, will be the first luxury project to be completed in North Bay Village in over a decade. Since Dimond’s takeover, several updates have been made, including changes to the unit floor plans and a revamped building layout, with the lobby now relocated from the sixth to the first floor.

Initially designed by MTTR MGMT's Juan Azulay, the 21-story tower will retain much of its original architectural design while integrating the latest improvements. The building will feature a unique play on sun and shade and rise to offer 54 residences with uninterrupted views in every direction. Plans are also underway to install larger windows in certain units for better views.

Enhancements to amenities include a gym and pool area re-designed with wellness in mind. We will share the full list of amenities once it is available. Sales are expected to launch this spring.

Prices are expected to start at just under $2 million, with a choice of two- to three-bedroom residences and six five-bedroom penthouses.

— Miami Pre-Construction Condo & New Development News: Completed

72 Park – North Beach

Groundbreaking – N/A | Completion – March 2025

Developer Lefferts celebrated the completion of 72 Park this March. After topping off last September, the ready-to-Airbnb tower received its Temporary Certificate of Occupancy (TCO) this month. With closings currently underway in the 90% presold tower, buyers have a limited opportunity to buy one of the last developer units. Contact us to discuss remaining units and their prices at this investment-friendly new construction.

Designed by Built Form, this LEED Gold-certified tower rises 22 stories with 206 luxury homes. Residences in this MiMo-inspired boutique tower feature deep balconies framing spectacular views, open-concept interiors by Urban Robot, a neutral color palette, high ceilings, Italian cabinetry, imported stone, energy-efficient appliances, and keyless entry systems, among other high-end touches.

A 35,000-square-foot amenity deck boasting an acre of tropical landscaping by Urban Robot is the centerpiece of the 64,000 square feet of amenities residents can enjoy. Another major highlight is Roberta’s, the Brooklyn-born restaurant led by Michelin-starred chef Carlo Mirarchi.

Additional amenities include a 150-foot-long resort-style pool with cabanas, an ocean-view bar and lounge with indoor-outdoor seating, a private outdoor barbecue area, a private rooftop sun deck offering 360-degree views, an outdoor screening area for movie nights, a kid’s playroom, a 24/7 coworking lounge with private “pods,” and 8,500 square feet of ground-floor retail space.

Prices for remaining residences start in the $900,000s, with a choice of studios to three-bedroom residences.

Alana – Bay Harbor Islands

Groundbreaking – May 2023 | Completion – March 2025

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