A rare case where the marketed penthouse faces west rather than at the ocean, which is a design decision worth understanding rather than a compromise.
This page describes the residence. Whether it is available, and on what terms, changes without notice. Contact the desk at Miami Dossier for the current position on any building we cover.
A west facing duplex of approximately 5,600 square feet has been marketed at around $37 million, with a full penthouse above it.
West facing at the top of an oceanfront building is not an obvious choice and it deserves a direct explanation: it buys the sunset, the bay and the skyline, and it gives up the direct Atlantic outlook that the building is otherwise sold on. In Miami Beach the western exposure also carries the afternoon heat load.
Whether west is a discount or a preference is genuinely a matter of how you live. Morning people and evening people should not buy the same residence.
The duplex has been marketed at around $37 million. This is a marketed figure, not a recorded sale.
The building has been reported at roughly 85 per cent sold ahead of a 2027 completion, which is a meaningful data point: it means most of the price discovery in this building has already happened, and the remaining inventory is being priced against contracts already signed.
A building that is 85 per cent sold and a building that is 40 per cent sold are different negotiating environments, and this is the more disciplined of the two.
A 73 residence Mid-Beach oceanfront tower designed by OMA, one of the few buildings in this market carrying a genuinely significant architectural signature rather than a decorative one.
Completion is indicated for 2027. Mid-Beach sits between the density of South Beach and the quieter stretch north, which is the appeal for a particular buyer and a drawback for the buyer who wanted to walk to dinner.
The Perigon appears in the Metrik Residences advisory alongside the Shore Club Private Collection, and the two make a useful pairing: same coast, same era, very different scale and very different architectural intention.
Ask what OMA specified and what survived value engineering. The gap between a signature architect’s drawings and the delivered building is where the difference between an architectural building and a building with an architect’s name on it appears.
At 73 residences the running cost per household for an oceanfront building with full amenity is a specific number worth having before you weigh exposure.
The west facing duplex will always have a smaller resale pool than an ocean facing residence in the same building. That is not a reason to avoid it, and it is a reason to buy it because you want it rather than because it appears to be better value per foot.
If you want the sunset and the skyline, this is the residence and the pricing reflects a smaller pool of buyers who agree with you. If you want the Atlantic in the morning, buy that instead and do not talk yourself into the value. Contact the desk at Miami Dossier and we will walk the exposures floor by floor.
We hold no listings and we are not the developer. Contact the desk at Miami Dossier and we will tell you what is actually available at the top of this building, what the last comparable trade was, and where we would not proceed. Where a question is legal, tax or structuring, we introduce you to advisers who handle that properly rather than answering it ourselves.