The Perigon is approximately 73 residences at 5333 Collins Avenue, on the widest and quietest stretch of beach between Bal Harbour and South Beach, by Starwood Capital Group and Mast Capital, designed by OMA in its first residential building in Miami Beach. Here is what the buyers who choose it are choosing.
Written by the desk at Miami Dossier, which holds the developer brochure, the floor plans and the current release for The Perigon, for buyers comparing the Miami Beach oceanfront. The desk works in English, Spanish and Portuguese. All notes from the desk.
The desk at Miami Dossier covers a small number of Miami buildings closely rather than the whole market lightly, and The Perigon is one of them. What follows is not a brochure summary. It is the list of reasons buyers actually give when they choose this building, in the order we hear them, with the facts behind each one.
Most of Miami Beach's oceanfront is narrow, with towers close to the road and close to each other. The stretch at 5333 Collins is the widest and most secluded sweep of beach on the island, equidistant from Bal Harbour and South Beach, with water on both sides of the property and roughly 200 linear feet of shoreline. That is not a condition a developer can manufacture later. This is the reason the desk at Miami Dossier reads The Perigon as a site decision before it reads it as a design one.
OMA, the Office for Metropolitan Architecture that Rem Koolhaas founded, designed the tower. The practice does not do decorative work and had never built a residential building in Miami Beach before this one.
The tower reads as a series of diamond-shaped tiers stepping toward the water. That is not a facade treatment. It is the geometry that produces the wraparound terraces and the privacy on both faces of every home.
Your situation is specific. Tell the desk in one message and we will say what applies to you, what does not, and who to speak with.
The residences are flow-through plans with the Atlantic on one face and Biscayne Bay on the other. Every home has morning light over the ocean and evening light over the bay.
Approximately 73 homes of two to four bedrooms on a site this size is a low count by Miami standards. The amenity programme is built for residents rather than for a hotel operator, and the shoreline is never crowded.
Every residence opens from its own elevator landing. There are no shared corridors on the residential floors.
Tara Bernerd designed the interiors around two palettes chosen once at contract: a lighter scheme in French white oak and a darker one in Canaletto walnut, with honed Bianco marble in the kitchens and white marble, oak and dark bronze in the baths. Buyers who have seen a great deal of Miami product tend to notice the absence of gloss.
The landscape is by Gustafson Porter and Bowman, the London practice, which is not a firm that takes ordinary commissions. On a site with sand on one side and bay on the other, the grounds are a large part of what the resident experiences.
Nota, the residents' restaurant, with a speakeasy, a breakfast room, a sunrise lounge and a wine room, all for approximately 73 households. The spa, the salon, the oceanfront training room and the beachfront pool with cabanas complete the list. The same programme in a 300-unit tower is a different experience.
Starwood Capital Group is one of the largest private real estate investors in the world, and Mast Capital is a Miami developer with delivered buildings on the record. On a preconstruction purchase this matters more than the render. The desk at Miami Dossier holds the delivery history and shares it on request.
The developer brochure, the floor plans by line, the current release and the deposit schedule, and our own floor plan analysis. None of it is published here because it changes. Ask for it and it arrives from the desk at Miami Dossier the same day, usually by WhatsApp, with our opinion attached, whether that opinion is The Perigon or another building.
Your situation is specific. Tell the desk in one message and we will say what applies to you, what does not, and who to speak with.
Most of the people who ask the desk at Miami Dossier about The Perigon Miami Beach are not only choosing a building. They are moving to Miami from New York, California, London, Bogotá, Mexico City or São Paulo, or adding a Miami position to a portfolio held elsewhere, and the building question sits inside a larger one: how to buy new construction in Miami, how to hold it, and what changes when you do.
The desk keeps short notes on the parts that come up every week: how buying preconstruction in Miami actually works, what a normal deposit schedule looks like, whether you need to be in Miami to buy, whether a foreign buyer can get a mortgage, what taxes a foreign buyer pays on a Miami condo, and the Florida state income tax question for anyone relocating from a high-tax state. For buyers arriving from a specific market there are notes for Bogotá, Mexico City and London, and a broader one on why so many wealthy families are moving to Miami.
Read the ones that apply, then bring the rest to the desk at Miami Dossier. It usually takes one conversation to see how The Perigon Miami Beach fits the move, or whether another building fits it better.
This note is general information for people considering Miami, written by a real estate desk, not by a law or accounting firm. Nothing here is legal, tax, immigration or investment advice, and it is not a substitute for advice on your own circumstances. Rules change, treaties differ by country, and the right answer for one family is the wrong answer for another.
Speak with your own attorney and CPA before you commit to anything. If you do not have one who works with international buyers in Florida, the desk is glad to recommend an attorney, a CPA or an adviser suited to your situation, and to sit in the first conversation so that nothing is lost in translation.
Structure, financing, currency, timing, the right building and the right line: the desk works through these questions with international buyers every week, and the answer is nearly always that it can be done, in order, without surprises. If Miami is on your mind, as a home or as an allocation, we would be glad to share what we are seeing, privately, and to start with the question this note did not answer.