Miami Dossierby Metrik WhatsApp the Desk
Trusted Market Intelligence™

Limited common elements at The Perigon: storage, terraces, cabanas and the rights that travel with a residence

Some of what a residence comes with sits outside its walls. At The Perigon, here is how those spaces are held, and why the declaration matters more than the floor plan.

This page is a framework. Whether the building suits you is a separate conversation. Contact the desk at Miami Dossier for the current position on any building we cover.

Three Kinds Of Space

Residence, common, reserved.

A Florida condominium like The Perigon splits the building three ways: the residence, which is yours; the common elements, which all owners share; and between them the limited common elements, common property reserved for one residence or a few. Terraces, storage rooms, private elevator landings, cabanas and parking spaces often fall here. The declaration decides which is which, and that decides who repairs and insures each space.

The Perigon: The homes are as the dossier records.

The Perigon dossier holds the developer’s published record. Read it against the Kempinski Residences Miami Design District dossier for the nearest comparison.

How A Space Is Assigned

At sale, by exhibit, or later.

Some are fixed in the declaration to a named residence. Others are assigned by the developer during sales, by recorded instrument and often for an added price. Some declarations let owners trade an assigned space with notice to the association; others forbid it. Ask for the exhibit at The Perigon that lists your assignment. A storage room promised in an email is not assigned until the paper says so.

The Perigon: ~73 homes · 2 to 4 bedrooms · private elevator entry to each residence.

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Storage Rights

What goes in, and who can enter.

A storage room at The Perigon comes with rules: what may be kept, with flammables usually barred; access hours; who holds a key; whether it is cooled. Contents are the owner’s to insure. Ask whether the room is caged or walled, above the flood line, and charged in the budget.

The Perigon: Resident only oceanfront restaurant and speakeasy, breakfast room, sunrise lounge, wine room, screening room, billiards, children's lounge, spa with treatment rooms, salon, oceanfront training room, beachfront pool with cabanas.

Who Pays And Who Decides

Upkeep, change, resale.

Many declarations charge the upkeep of a limited common element to the owner who uses it. Enclosing a terrace or adding heavy planters or a hot tub needs the board’s consent and often an engineer’s letter. At resale an assigned space normally passes with the residence; a separately sold one may not. The desk asks which spaces come with a residence at The Perigon, on which exhibit, and whether any can be sold apart from it.

If it is not in the exhibit, it is not yours. It is a hope drawn on a plan.

Sources

What this note rests on.

Developer materials for The Perigon as carried on the live dossier, verified 2026-09-19. Compiled by the desk at Miami Dossier; figures are approximate and the developer’s.

The Shift

What the desk holds on The Perigon

Contact the desk at Miami Dossier for the documents behind this note, read one to one with you and your advisers.

The plans by line, and which lines are left. The developer’s current release, not the brochure’s.
The deposit schedule. Proportions, trigger dates, and where the money sits.
What the sales gallery will not volunteer. The view lines that close, the floors that trade first, the association budget.
Where we would not proceed. Sometimes the answer is a different building. Sometimes it is not yet.

WhatsApp the desk · 305.588.4547·[email protected]

Common Questions

What the owner planning the space asks

What is a limited common element at The Perigon?
A part of the common property reserved by the declaration for one residence or a few, such as a terrace, storage room, cabana or parking space.
Can a storage room at The Perigon be sold separately?
Only if the declaration allows transfers between owners; some do with notice to the association, others tie the space to the residence for good.
Who repairs a terrace that is a limited common element?
The declaration allocates it; many Florida buildings charge routine upkeep to the owner who uses it, while structural repair stays with the association.
Who is the developer of The Perigon?
Starwood Capital Group · Mast Capital.
Where is The Perigon?
5333 Collins Avenue, between the Atlantic and Biscayne Bay · ~200 linear feet of shoreline on both sides.
How many residences does The Perigon have?
~73 homes · 2 to 4 bedrooms · private elevator entry to each residence.
Who designed The Perigon?
OMA, the Office for Metropolitan Architecture.
What amenities does The Perigon have?
Resident only oceanfront restaurant and speakeasy, breakfast room, sunrise lounge, wine room, screening room, billiards, children's lounge, spa with treatment rooms, salon, oceanfront training room, beachfront pool with cabanas.
What is the entry price at The Perigon?
From $12,500,000 as published by the developer; current pricing and availability are discussed one to one.
How do I get the plans and the price list for The Perigon?
Through the desk, sent privately within 24 hours, usually much sooner.
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Before You Act On Any Of This

Before you act on any of this

We hold no listings and we are not the developer. Contact the desk at Miami Dossier and we will tell you what applies to your situation, what does not, and where we would not proceed. On this topic that means the document before the opinion. Where a question is legal, tax or structuring, we introduce you to advisers who handle that properly rather than answering it ourselves.

WhatsApp the desk · 305.588.4547·[email protected]

Who answers this page

Metrik Real Estate is a Miami real estate company built around one idea: the buyer gets their own team. Miami Dossier is its private buyer advisory for new construction.

A person replies within 24 hours, usually much sooner. On weekends, back on Monday morning.

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