Murano at Portofino
Murano at Portofino commands one of the most coveted positions in South of Fifth - directly on Biscayne Bay with 600 feet of uninterrupted waterfront. Rising 37 stories at 1000 South Pointe Drive, this Related Group tower delivers the rare combination of bayfront living within walking distance of South Beach's finest dining, parks, and cultural destinations. For buyers seeking an established luxury address in Miami Beach's most exclusive neighborhood, Murano at Portofino represents a proven choice.
The 189 residences feature flow-through layouts oriented to capture both bay and ocean perspectives. Nine-foot ceilings create generous vertical proportions throughout, while terraces extending up to 14 feet deep provide substantial outdoor living space overlooking the water. Floor plans range from efficient one-bedroom designs to expansive multi-bedroom configurations, each designed by Sieger-Suarez Architects to maximize the building's exceptional waterfront positioning.
Daily life at Murano at Portofino is defined by its private bayfront yacht club - a resort-caliber amenity that includes a saltwater swimming pool, waterfront restaurant, and direct bay access. Twin tennis courts, a wellness spa, heated pool and spa deck, state-of-the-art fitness center, and around-the-clock concierge service round out an amenity collection that rivals the finest residential clubs in Miami Beach.
Murano at Portofino at a Glance
1000 South Pointe Drive, Miami Beach, FL 33139
The Related Group
Sieger-Suarez Architects
2002
189
37
Condominium
South Beach
Why Buyers Choose Murano at Portofino
600 Feet of Direct Biscayne Bay Frontage
Murano at Portofino's 600-foot bayfront position is among the most expansive of any residential building in South of Fifth. This isn't partial or obstructed water access - it's a commanding stretch of Biscayne Bay shoreline that delivers panoramic views from Government Cut to the downtown skyline, with no risk of future construction blocking the waterfront perspective.
South of Fifth's Premier Bayfront Address
Located at 1000 South Pointe Drive in the heart of SoFi, Murano at Portofino places residents within walking distance of South Pointe Park, the beach, Joe's Stone Crab, and the neighborhood's most coveted restaurants and cultural venues. South of Fifth consistently commands the highest price per square foot in Miami Beach, making this location a cornerstone of long-term value.
Private Bayfront Yacht Club
The building's exclusive yacht club - complete with saltwater pool, waterfront restaurant, and direct bay access - is an amenity that most Miami Beach condominiums simply cannot replicate. It functions as a private waterfront resort for residents, offering a daily lifestyle that extends well beyond the walls of individual units.
Flow-Through Bay-to-Ocean Layouts
Many residences at Murano at Portofino feature flow-through designs that capture both bay and ocean exposures. Combined with 9-foot ceilings and terraces up to 14 feet deep, these layouts maximize natural light, cross-ventilation, and the sense of living directly on the water - a design advantage that buyers consistently prioritize in the South Florida market.
Our Take on Murano at Portofino
About Murano at Portofino
Murano at Portofino stands as one of South of Fifth's defining bayfront residences, offering 189 luxury units across 37 stories at 1000 South Pointe Drive, Miami Beach. Developed by The Related Group and designed by Sieger-Suarez Architects, this 2002-completed tower commands 600 feet of direct Biscayne Bay frontage - positioning it among the most prominent waterfront addresses in Miami Beach's most exclusive neighborhood.
The residences at Murano at Portofino feature flow-through layouts that orient living spaces toward both Biscayne Bay and the Atlantic Ocean. Nine-foot ceilings, terraces extending up to 14 feet deep, and open floor plans ranging from approximately 1,100 to over 4,500 square feet create generous proportions suited to full-time residents, seasonal owners, and investors alike. Upper-floor units and penthouses deliver unobstructed panoramas spanning Fisher Island, Government Cut, the Port of Miami, and the downtown skyline.
The building's private bayfront yacht club distinguishes Murano at Portofino from its South of Fifth peers. This members-only amenity includes a saltwater swimming pool, a waterfront restaurant, and direct bay access - a resort-caliber feature rarely found in residential condominiums. Additional amenities include two tennis courts, a wellness spa, heated pool and spa, a state-of-the-art fitness center, and 24-hour concierge service, collectively establishing a self-contained luxury lifestyle at the southern tip of Miami Beach.
For buyers evaluating South of Fifth residences, Murano at Portofino offers an established alternative to the neighborhood's newer construction. Its irreplaceable bayfront position, proven building management, and the enduring appeal of the SoFi submarket make it a compelling option for those who prioritize location, water access, and long-term value. Residences are currently available from $1.7M, with penthouses and premium units reaching $14.5M and above.
Explore Miami pre-construction developments or view Billionaires' Beach Miami. For international buyers, see our Miami guide for foreign purchasers.
Residence Collection
Beach Residences
1,200-1,800 sq ft
Premier Residences
2,000-3,200 sq ft
Penthouse Collection
3,500-5,000 sq ft
Residences from $1,700,000
The Visionaries
The Related Group
The Related Group is South Florida's most prolific luxury condominium developer, with a portfolio spanning over 100,000 residences across more than 90 projects. Founded by Jorge Perez, the company has shaped Miami's skyline for over four decades and is recognized for delivering iconic residential towers that define their respective neighborhoods. Murano at Portofino exemplifies Related Group's ability to identify premier waterfront sites and execute luxury residences that appreciate over time.
Sieger-Suarez Architects
Sieger-Suarez Architects is one of South Florida's most accomplished architectural firms, specializing in luxury high-rise residential design. The firm's portfolio includes many of Miami's most recognized condominium towers, and their work on Murano at Portofino reflects a commitment to maximizing waterfront views, natural light, and spatial efficiency through thoughtfully oriented floor plates and generous terrace proportions.
South Beach
South of Fifth occupies the southernmost tip of Miami Beach, bounded by Fifth Street to the north and the Atlantic Ocean and Biscayne Bay on three sides. Once an overlooked pocket of the island, SoFi has transformed into Miami Beach's most exclusive residential enclave - home to trophy condominiums, waterfront parks, and some of the city's finest restaurants. The neighborhood's walkable streets, lush landscaping, and proximity to both South Pointe Park and the beach make it a preferred address for discerning buyers worldwide.
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Frequently Asked Questions
Where is Murano at Portofino located?
Murano at Portofino is located in the South of Fifth (SoFi) district of South Beach, widely considered the most prestigious residential enclave in Miami Beach. The building offers direct oceanfront living with beach access and proximity to South Pointe Park.
How many residences are at Murano at Portofino?
The building contains 189 residences across 37 stories, offering a diverse range of floor plans from one-bedrooms to expansive penthouses. The full-service building delivers resort-caliber amenities with the privacy of a residential tower.
What amenities does the building offer?
Residents enjoy an oceanfront pool deck, state-of-the-art fitness center, full-service spa, private beach club and cabanas, tennis courts, 24-hour concierge and valet, business center, and direct beach access with attendant service.
What is the SoFi district?
South of Fifth, known as SoFi, is the most exclusive residential neighborhood in South Beach. Located at the southern tip of Miami Beach, SoFi offers a quieter, more refined alternative to the energy of Ocean Drive with world-class restaurants, South Pointe Park, and stunning waterfront living.
Is Murano at Portofino a condo?
Yes, Murano at Portofino is a luxury condominium offering fee-simple ownership. The building flexible ownership structure allows for rentals, making it attractive to both full-time residents and investors seeking income-producing South Beach real estate.
What views can residents expect?
Depending on the residence, owners enjoy direct Atlantic Ocean views, Biscayne Bay and downtown Miami skyline panoramas, South Pointe Park vistas, and Fisher Island views. Upper-floor residences command truly spectacular 360-degree perspectives.
Your Murano at Portofino Awaits
Our specialists will provide personalized pricing, floor plans, and exclusive developer incentives.
1000 South Pointe Drive, Miami Beach, FL 33139
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Miami Real Estate Market Intelligence
Market Context: The Miami-to-Northeast and Miami-to-California migration has converted from pandemic-era spike to structural relocation. Miami’s millionaire population grew approximately 78% between 2013 and 2023. Geographic constraint is binding: ocean, bay, and Everglades pin supply. December 2025 medians: Miami Beach condo $620K, Brickell condo $580K. Luxury condominium price per sq ft: $1,200-$3,500+, extending to $2,000-$4,500+ on Fisher Island and $1,800-$4,000+ at South of Fifth.
Value submarkets: Brickell ($600-$1,500/SF), Edgewater ($700-$1,200/SF), Downtown Miami ($600-$2,000/SF). Trophy submarkets: Fisher Island, Sunny Isles Beach ($1,500-$3,500/SF, dense branded-residence inventory), South of Fifth. Branded benchmarks include Four Seasons Surf Club ($2,200-$3,500/SF), St. Regis Sunny Isles ($1,800-$2,800/SF), and Porsche Design Tower ($1,600-$2,400/SF). Miami now carries more hotel-branded residences than any other Western Hemisphere city.
Structural inputs compound: no state income tax (vs. 10.9% NY, 13.3% CA), no estate tax, 78% decade millionaire growth, and construction-cost inflation. Current pre-construction inventory was financed and broken ground before 20-50% tariffs landed on steel, aluminum, concrete, and lumber, effectively the last tranche of pre-tariff pricing. Florida SB 264 restricts acquisitions by nationals of certain countries within 10 miles of military installations and must be screened at contract stage for international buyers.
Key Facts
- Miami Beach Condo Median (Dec 2025): $620K
- Brickell Condo Median (Dec 2025): $580K
- Luxury Condo $/SF: $1,200-$3,500+
- Fisher Island $/SF: $2,000-$4,500
- Avg Days on Market: 95
- Closing Costs: 2-3% (cash), 3-4% (financed)
- Property Tax: ~2% of assessed value annually
- Millionaire Population Growth: +78% (2013-2023)
- State Income Tax: 0% (vs. NY 10.9%, CA 13.3%)
What Buyers Should Know
Miami’s millionaire population grew approximately 78% between 2013 and 2023 with no state income tax and hard geographic constraints (ocean, bay, Everglades) capping supply. Luxury condominium price per sq ft runs $1,200-$3,500+, extending to $2,000-$4,500+ on Fisher Island and $1,800-$4,000+ at South of Fifth. Miami now carries more hotel-branded residences than any other Western Hemisphere city.
Miami Real Estate FAQs
What are Miami’s current condominium medians?
December 2025: Miami Beach $620K, Brickell $580K. Luxury condominium stock runs $1,200-$3,500+ per sq ft, extending to $2,000-$4,500 on Fisher Island and $1,800-$4,000 at South of Fifth.
Why is Miami attracting UHNW capital structurally?
Zero state income tax (versus NY 10.9%, CA 13.3%), no estate tax, a 78% decade growth in the millionaire population (2013-2023), and geographic constraints that cap long-run supply. These are structural inputs, not cyclical.
What does the construction-cost tariff environment mean for current inventory?
Current pre-construction inventory was financed and broke ground before 20-50% tariffs landed on steel, aluminum, concrete, and lumber. Replacement-cost pricing on the next development cycle is expected to rise materially. Current allocations represent the last tranche of pre-tariff pricing.
What is Florida SB 264 and how does it affect international buyers?
Florida SB 264 restricts property acquisitions by nationals of seven countries (China, Russia, Iran, North Korea, Cuba, Venezuela, Syria) within 10 miles of military installations. The restriction must be screened at contract stage and may require entity-structure adjustments to comply.
What are typical monthly carrying costs on a Miami condominium?
HOA $0.80-$2.50 per sq ft per month, property tax ~2% of assessed value annually, HO-6 insurance $2,000-$5,000+ annually, flood insurance $500-$3,000+. A 2,000 sq ft condo runs $1,600-$5,000 per month in HOA alone.
What are the post-Surfside inspection requirements?
Buildings 3+ stories must undergo structural inspections at year 30 (year 25 if coastal), then every 10 years. Associations must fully fund reserves; reserve waivers are no longer permitted. Older buildings carry special-assessment risk; inspection and reserve-study review is required at due-diligence.