Deposit schedule
Review each installment, escrow treatment, refund conditions, financing contingency, closing timeline and whether the capital commitment fits the buyer's broader liquidity plan.
A Project by Mast Capital & Starwood Capital Group
The Perigon Miami Beach
Millionaires' Row, Mid-Beach
73 Ultra-Luxury Oceanfront Residences
5333 Collins Avenue
Where Architecture Meets the Ocean
Rising 17 stories on Millionaires' Row, The Perigon presents 73 exceptional oceanfront residences designed by OMA New York - the firm's first residential project on Miami Beach. Partner-in-Charge Jason Long conceived a series of interlocking towers rotated on their axis, merging into a singular sculptural form elevated 45 feet above the flood line - maximizing panoramic ocean views from every residence across 408,000 square feet of total built area.
Interiors by celebrated London designer Tara Bernerd bring a refined materiality of organic fabrics and tailored weaves - from custom Italian kitchens with honed marble to spa-inspired natural stone bathrooms - all set against 200 linear feet of exclusive beachfront and 1,250 feet of verdant gardens by Gustafson Porter + Bowman. Targeting LEED Gold certification, The Perigon is one of Miami's greenest luxury residences.
73Exclusive Residences
213 ftHeight
17Stories
10'Ceiling Heights
2-4Bedrooms
Building Details
The Perigon at a Glance
Address
5333 Collins Avenue, Miami Beach, FL 33140
Developer
Mast Capital, Starwood Capital Group
Architect
OMA / Rem Koolhaas
Year Completed
2027
Residences
73
Stories
17
Building Type
Condominium
Neighborhood
Miami Beach
What Makes It Special
Why Buyers Choose The Perigon
Architecture by OMA and Rem Koolhaas
The Perigon is designed by OMA New York, led by Rem Koolhaas, one of the most influential architects alive. This is not a building designed by a firm known primarily for condos; OMA brings an intellectual rigor and design ambition that places The Perigon in a different conversation than most Miami Beach towers. For buyers who care about architecture as an art form, not just a marketing asset, OMA's involvement is the primary draw. Interiors by Tara Bernerd and landscape by Gustafson Porter + Bowman complete a design team that has no real parallel among competing projects on Collins Avenue.
Millionaires' Row Location in Mid-Beach
The Perigon sits at 5333 Collins Avenue on Miami Beach's iconic Millionaires' Row in the Mid-Beach neighborhood. This stretch of oceanfront has historically attracted the most discerning buyers, and for good reason: it offers the beach and ocean views of South Beach without the density, traffic, and nightlife. Our team frequently recommends Mid-Beach to families and buyers seeking a full-time primary residence. The location is 21 minutes from Downtown Miami, 23 minutes from Miami International Airport, and 20 minutes from South Beach. It is a genuine residential neighborhood with serious oceanfront presence.
73 Residences with Over 20,000 SF of Amenities
With just 73 residences across 17 stories, The Perigon maintains a relatively low density for a full-service luxury building. Residences range from 2 to 4 bedrooms, spanning 2,100 to 6,700 square feet. Pricing starts at $4.25 million for two-bedrooms, with three-bedrooms from $7.55 million and four-bedrooms from $9.52 million. The amenity program exceeds 20,000 square feet and includes a beachside pool and outdoor spa, signature restaurant by Chef Shaun Hergatt, cocktail lounge and speakeasy, conservatory with daily breakfast bar, private spa with treatment rooms, fitness center, and direct beach access.
LEED Gold Certification and Butler Service
The Perigon is targeting LEED Gold certification, which is still relatively uncommon in the Miami luxury condo market. For buyers with environmental consciousness, this adds a layer of value and future-proofing that many competing projects lack. The building also offers residential butler service and 24/7 concierge, elevating the daily living experience beyond what a typical luxury condo provides. Developed by Mast Capital and Starwood Capital Group with construction by Moss Construction, the project has institutional-grade financial backing. Construction began in April 2024 with an estimated completion in 2027.
Advisor Perspective
Our Take on The Perigon Miami Beach
The Perigon is the project we bring up when a buyer tells us they want something architecturally significant on the ocean in Miami Beach. OMA, led by Rem Koolhaas, designed the building. Tara Bernerd handled the interiors. Gustafson Porter + Bowman did the landscape. This is a design team assembled to create a landmark, and that ambition shows in the building's form and materiality.
The 17-story tower sits at 5333 Collins Avenue on Millionaires' Row, a Mid-Beach location that we consistently recommend for buyers seeking the right balance of oceanfront living and residential calm. Mid-Beach avoids the tourist density of South Beach while offering better walkability and restaurant access than the quieter northern stretches. The Perigon's 73-unit count keeps the building intimate without sacrificing the scale of amenities that full-time residents demand.
Pricing starts at $4.25 million for two-bedroom residences and climbs past $9.5 million for four-bedrooms, with duplex penthouses and a trophy penthouse available upon inquiry. At these levels, buyers are typically cross-shopping against Faena House, the Surf Club towers, and Shore Club. Our read is that The Perigon offers the strongest architectural identity of the group at a more accessible entry point than Shore Club, while providing a more contemporary aesthetic than the classical RAMSA projects.
The amenity package is extensive for a 73-unit building: a signature restaurant by Chef Shaun Hergatt, cocktail lounge and speakeasy, conservatory with breakfast bar, private spa, outdoor pool and spa, fitness center, wine room, cinema, and residential butler service. The LEED Gold certification target is a nice differentiator that may become more important as environmental standards tighten.
Mast Capital and Starwood Capital Group provide strong financial backing, and Moss Construction is handling the build. Estimated completion is 2027. The candid consideration is that OMA's design, while striking, is more avant-garde than what some traditional luxury buyers prefer. If you lean toward classical architecture, look at Shore Club or South Flagler House. If you want a building that pushes boundaries and makes a visual statement, The Perigon is the answer on Miami Beach.
About The Perigon
The Perigon Miami Beach is a 17-story ultra-luxury oceanfront residential tower at 5333 Collins Avenue on Millionaires' Row in the Mid-Beach neighborhood of Miami Beach. Designed by OMA New York, led by Pritzker Prize laureate Rem Koolhaas, with interiors by Tara Bernerd & Partners and landscape architecture by Gustafson Porter + Bowman, The Perigon presents 73 exclusive residences developed by Mast Capital and Starwood Capital Group.
Residences offer 2 to 4 bedrooms ranging from 2,100 to 6,700 square feet. Pricing begins at $4.25 million for two-bedroom residences, $7.55 million for three-bedrooms, and $9.52 million for four-bedrooms, with duplex penthouses and a trophy penthouse available upon request. The building is targeting LEED Gold certification, a commitment to sustainable design that remains uncommon in the Miami Beach luxury market and adds a layer of future-proofing as environmental standards evolve.
The amenity program at The Perigon spans over 20,000 square feet, an exceptionally generous ratio for a building of just 73 residences. Amenities include a beachside swimming pool and outdoor spa, a signature restaurant by Michelin-starred Chef Shaun Hergatt, cocktail lounge and speakeasy, conservatory with daily breakfast bar, a private spa with treatment rooms, state-of-the-art fitness center, sunrise lounge, bespoke wine room, private cinema, direct beach access, residential butler service, and 24/7 concierge. The on-site restaurant by Chef Hergatt, known for his work at acclaimed New York restaurants, brings a caliber of dining typically associated with standalone culinary destinations rather than residential amenity programs.
OMA's architectural vision for The Perigon brings an intellectual depth and formal ambition that distinguishes the building from the glass-curtainwall towers that define much of the Miami Beach skyline. The firm's globally celebrated portfolio includes the Seattle Central Library, the CCTV Headquarters in Beijing, and Fondazione Prada in Milan. At The Perigon, OMA's design language meets the specific demands of oceanfront residential living, balancing visual innovation with the practical requirements of panoramic ocean views, natural light, and livable floor plans that function beautifully for daily life.
The Mid-Beach location on Millionaires' Row places residents 21 minutes from Downtown Miami, 23 minutes from Miami International Airport, and 20 minutes from South Beach. The neighborhood offers a quieter, more residential character than South Beach while maintaining proximity to the cultural, dining, and entertainment amenities of the broader Miami Beach corridor. Construction began in April 2024 with Moss Construction as general contractor, and delivery is estimated for 2027. For buyers seeking architecturally significant oceanfront living on one of Miami Beach's most prestigious stretches of coastline, The Perigon offers a rare combination of design ambition, comprehensive amenities, and institutional-grade development backing. Contact our advisory team for current availability and to arrange a private tour.
Explore Miami pre-construction developments or view Billionaires' Beach Miami. For international buyers, see our Miami guide for foreign purchasers.
The Residences
Unparalleled Living
Pricing
Residence Collection
2 Bedrooms
From 2,100 SF
$4,250,000
3 Bedrooms
From 3,200 SF
$7,550,000
4 Bedrooms
From 4,500 SF
$9,520,000
Penthouses
Up to 6,700 SF
Inquire
Residences from $4,200,000
Amenities
World-Class Amenities
Beachside Pool & Spa
A stunning beachside swimming pool with cabanas, sunbeds, and an outdoor spa — complemented by poolside food and beverage service, all steps from 200 linear feet of exclusive beachfront.
Nota — by Chef Shaun Hergatt
An exclusive oceanfront dining experience at Nota, The Perigon's signature restaurant by acclaimed Chef Shaun Hergatt — along with an intimate speakeasy and a sprawling conservatory featuring a daily breakfast bar — all reserved exclusively for residents.
Spa & Wellness
A comprehensive private spa with treatment rooms, residents' salon, state-of-the-art fitness center with a high-impact training room overlooking the Atlantic, and serene meditation lounge areas.
Grand Lobby & Arrival
A dramatic double-height lobby with an open lounge area — the first impression of an OMA-designed masterpiece surrounded by 1,250 linear feet of lush gardens and tranquil water features by Gustafson Porter + Bowman.
Outdoor Amenities
- Beachside swimming pool with cabanas
- Outdoor spa with sunbeds
- Direct beach access with lounge chairs
- Pool and beach food & beverage service
- Meditation lounge areas
- 1,250 ft of lush gardens & water features
Dining & Social
- Signature restaurant by Chef Shaun Hergatt
- Cocktail lounge & speakeasy
- Conservatory with daily breakfast bar
- Bespoke wine room
- Sunrise lounge with catering kitchen
- Cinema & children's playroom
Services
- Residential butler service
- In-residence dining & catering
- Dedicated lifestyle concierge
- Home management services
- House car
- 24/7 security and valet parking
Design & Architecture
The Visionaries
Tara Bernerd & Partners
Interior Design
The celebrated London designer brings her signature blend of organic fabrics, refined materiality, and tailored weaves — honed across the world's finest yachts and hospitality projects — creating interiors of understated luxury.
OMA / Rem Koolhaas
Architecture
OMA New York's first Miami Beach residential project, led by Partner-in-Charge Jason Long, presents a series of rotated towers merging into a singular sculptural form — elevated 45 feet above the flood line with zig-zagging floorplans creating elongated, light-filled residences across 408,000 SF of total built area.
Gustafson Porter + Bowman
Landscape Architecture
The internationally acclaimed landscape firm creates 1,250 linear feet of verdant gardens and serene water features — a lush tropical sanctuary that connects the building to its oceanfront setting.
The Neighborhood
Millionaires' Row — Miami Beach's Iconic Address
Positioned on one of the last true oceanfront development sites in Miami Beach, The Perigon sits on the iconic Millionaires' Row between the energy of South Beach and the emerging cultural scene of North Beach — a rare oceanfront sanctuary with 200 linear feet of exclusive beachfront.
FAQ
Frequently Asked Questions
What is The Perigon Miami Beach?
A 17-story ultra-luxury oceanfront tower at 5333 Collins Avenue featuring 73 exclusive residences designed by OMA / Rem Koolhaas with interiors by Tara Bernerd, landscape by Gustafson Porter + Bowman, and targeting LEED Gold certification.
Who is the developer?
Developed by Mast Capital and Starwood Capital Group. Architecture by OMA New York (Rem Koolhaas), interiors by Tara Bernerd & Partners, landscape by Gustafson Porter + Bowman. Moss Construction is the general contractor.
What residences are available?
73 residences ranging from 2 to 4 bedrooms (2,100 to 6,700 SF), including signature residences, 9 luxury guest suites, 2 duplex penthouses, and a trophy penthouse - all with private elevator entry and wraparound terraces.
What are the prices?
2-bedrooms from $4,250,000, 3-bedrooms from $7,550,000, 4-bedrooms from $9,520,000. Duplex penthouses and the trophy penthouse are available upon inquiry.
Who is Chef Shaun Hergatt?
Shaun Hergatt is a highly decorated Australian chef who leads The Perigon's exclusive signature restaurant, speakeasy, and conservatory - creating a world-class culinary program reserved exclusively for residents.
What amenities are offered?
Over 20,000 SF including beachside pool, outdoor spa, signature restaurant, speakeasy, conservatory with daily breakfast bar, private spa & treatment rooms, fitness center, sunrise lounge, bespoke wine room, cinema, butler service, house car, and 24/7 valet and concierge.
What is the deposit structure?
20% at contract, 10% at groundbreaking, 10% at top-off, and 60% due at closing. All deposits held in escrow for buyer protection.
When will it be completed?
The Perigon Miami Beach has an estimated completion of 2027. Construction began in April 2024 with Moss Construction as the general contractor. Contact us for the most current timeline.
Can foreigners buy at The Perigon?
Yes, foreign nationals can purchase at The Perigon with no restrictions. Florida has no foreign ownership limitations, and the Rem Koolhaas/OMA architectural pedigree attracts design-conscious international buyers from Europe, Latin America, and Asia. Manhattan Miami assists international purchasers.
Why is Rem Koolhaas/OMA significant?
Rem Koolhaas is a Pritzker Prize-winning architect (2000) and founder of OMA, one of the world’s most influential architecture firms. His portfolio includes CCTV Headquarters Beijing, Seattle Central Library, and Prada stores globally. The Perigon is his first oceanfront residential tower in Miami - bringing rare architectural prestige to Mid-Beach.
How does The Perigon compare to Rosewood or Shore Club?
The Perigon offers Pritzker Prize-winning OMA architecture in Mid-Beach from $4.1M (82 units). Rosewood at The Raleigh offers Peter Marino interiors on South Beach from $7M (40 units). Shore Club offers Auberge hospitality on South Beach from $6M (49 units). The Perigon uniquely combines world-class architecture with a more accessible price point.
Is The Perigon a good investment?
The Perigon offers strong investment fundamentals: Rem Koolhaas/OMA architectural pedigree (ensures lasting design value and collector appeal), Mid-Beach’s growing prestige, oceanfront scarcity, and 82 residences from $4.1M. Pritzker Prize-designed buildings consistently command premium resale values as architectural landmarks.
What is the deposit structure?
The deposit structure for The Perigon is available upon inquiry. Contact Manhattan Miami for the current deposit schedule, milestone payments, and reservation terms.
When is The Perigon expected to deliver?
The Perigon Miami Beach is under construction with delivery anticipated soon. Contact Manhattan Miami for the latest construction timeline and completion updates.
What views are available?
The Perigon offers direct Atlantic Ocean views from its Mid-Beach oceanfront position, with select units providing Biscayne Bay and Miami skyline panoramas. The OMA-designed floor plates maximize ocean exposure, with many residences featuring wrap-around terraces for panoramic water views.
Get in Touch
Private Availability at The Perigon
For current availability, pricing history, floor plans, and off-market opportunities at The Perigon, request a confidential review with our advisory team.
Address
5333 Collins Avenue, Miami Beach, FL 33140
Phone
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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.