The Perigon Miami Beach has officially reached its full 17-story height at 5333 Collins Avenue in the Mid-Beach section of Miami Beach, marking a major milestone as the first new oceanfront residential tower from the current development cycle to reach the topping-out stage. Developed by Mast Capital in a joint venture with a controlled affiliate of Starwood Capital Group and supported by a significant $390 million construction loan, the 73-residence tower represents a series of design firsts for the area. It is the first residential project in Miami Beach by the world-renowned architectural firm OMA, featuring sophisticated interiors by Tara Bernerd & Partners and landscape architecture by Gustafson Porter + Bowman—the same firm responsible for the prestigious gardens surrounding the Eiffel Tower in Paris.
The tower’s unique diamond-shaped footprint is composed of layered volumes strategically oriented to maximize views of the Atlantic Ocean, Biscayne Bay, and the iconic Miami skyline. Rising from meticulously landscaped grounds, the structure sits on cylindrical concrete columns that elevate the residential floors, creating an open and airy feel that blends into the beachfront environment. The building offers more than 20,000 square feet of exclusive resident amenities, including a 25-meter beachfront lap pool, a private beach club, and two signature dining venues—Nota and FiftyThree—both led by Michelin-starred chef Shaun Hergatt. With exceptionally strong pre-sale absorption, the remaining luxury inventory at the project currently starts at $12.55 million.
The completion of The Perigon’s vertical structure confirms Miami Beach’s robust capacity to absorb ultra-luxury oceanfront supply at price points exceeding the $12 million mark—a threshold that very few residential markets globally can consistently sustain. As the only new oceanfront condominium from this specific development cycle to reach full height ahead of its anticipated 2027 delivery, The Perigon holds a singular and highly competitive position in the Mid-Beach market. The combination of OMA’s architectural pedigree, Tara Bernerd’s high-end interiors, and a Michelin-starred culinary program creates a residential profile with no direct equivalent currently available on the Miami Beach shoreline.
Frequently Asked Questions (FAQs)
What makes The Perigon a milestone in Miami Beach?
It is the first new oceanfront residential tower of the current development cycle to reach its full 17-story height.
Who is the architect behind the project?
The tower was designed by the world-famous firm OMA, marking their first residential project in Miami Beach.
What is the starting price for the remaining residences?
Remaining luxury inventory at The Perigon starts at $12.55 million.
Which Michelin-starred chef is leading the on-site dining?
Chef Shaun Hergatt will lead the two exclusive dining venues, Nota and FiftyThree.
When is the project expected to be delivered?
The Perigon is currently on track for completion and delivery in 2027.