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The Tony Hotel South Beach Sells for $16.5 Million as New Owners Plan Major Expansion

September 19, 2026

Florida investor doubles down on downtown St. Paul with two-building deal

September 19, 2026

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September 19, 2026
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  • Florida Real Estate Market

    The Tony Hotel South Beach Sells for $16.5 Million as New Owners Plan Major Expansion

    September 19, 2026

    The Tony Hotel South Beach sells for $16.5 million as new owners plan expansion

    September 19, 2026

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    September 18, 2026

    Fully Leased RidgeCrest Plaza Sells for $6.6 Million in Davenport

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    The Tony Hotel South Beach Sells for $16.5 Million as New Owners Plan Major Expansion

    September 19, 2026

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    The Tony Hotel South Beach Sells for $16.5 Million as New Owners Plan Major Expansion

    September 19, 2026

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    September 19, 2026

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Florida Real Estate Wire – Real Estate NewsFlorida Real Estate Wire – Real Estate News
Florida Real Estate Market

Sunny Isles Beach Condo Market 2026: Top Picks and Properties to Sidestep

June 21, 2026
Sunny Isles Beach condos with ocean views.
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The Sunny Isles Beach condominium market in 2026 is experiencing a significant polarization, presenting a buyer’s market overall. However, discerning buyers need to navigate carefully, as choosing the wrong property can lead to prolonged holding periods and financial strain. This analysis, based on extensive transaction data, identifies the top investment opportunities and those to avoid.

Key Takeaways

  • The Sunny Isles Beach condo market is a buyer’s market with 22 months of supply.
  • Top-tier buildings like The Estates at Acqualina and Ritz-Carlton Residences show resilience despite broader market trends.
  • Older buildings with potential structural issues and unquantified special assessments pose significant risks.
  • New developments like St. Regis Residences offer long-term value for patient investors.

Top 5 Condos to Buy in Sunny Isles Beach 2026

1. Best Resale Under $3M: Parque Towers

Built in 2019, Parque Towers stands out for buyers in the $1M to $3M range. It offers strong resale value due to its modern construction, intracoastal views, and proximity to the beach. With lower ownership costs and faster market times compared to the neighborhood average, it represents a sound investment.

2. Best Resale $3M–$5M: Ritz-Carlton Residences Sunny Isles Beach

This 2020-built, purely residential building leads its price segment in liquidity. It provides five-star services without a hotel component, appealing to buyers seeking exclusivity. Despite a longer average days on market, its scarcity and quality ensure strong demand.

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3. Best Resale $5M–$10M: Turnberry Ocean Club

Known for pricing discipline, Turnberry Ocean Club offers unique floor-through layouts with both ocean and intracoastal views. While inventory levels require strategic pricing from sellers, it remains a refined choice for those valuing a boutique experience.

4. Best Resale $10M+: The Estates at Acqualina

This development has created its own category with extensive amenities and direct access to the Acqualina Resort. Its oceanfront location, luxury services, and consistent sales volume at premium prices make it the benchmark for high-end properties in Sunny Isles Beach.

5. Best New Development: St. Regis Residences Sunny Isles Beach

Scheduled for a 2029 delivery, the St. Regis Residences is architecturally distinct and offers branded hotel services. It’s positioned as a long-term investment for buyers willing to underwrite a 2029 exit, capitalizing on a supply-constrained market.

3 Condos to Avoid in Sunny Isles Beach Right Now

These properties are flagged due to structural issues, significant liabilities, or declining market performance:

  • Oceania I through V: High active inventory, declining prices, and unquantified milestone inspection costs present considerable risk.
  • Ocean Towers 1 through 4: Pre-2000 vintage buildings with extended market times and potential special assessments due to reserve requirements.
  • Pinnacle and Millennium: Trading at significant discounts with limited liquidity, indicating underlying issues rather than value opportunities.
  • Poinciana Island and Sands Pointe: Older buildings with unresolved structural review timelines and associated risks that require thorough underwriting.

Navigating the Sunny Isles Beach market in 2026 requires a data-driven approach. Understanding the nuances of supply, demand, and building-specific fundamentals is crucial for making informed decisions, whether buying or selling.

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