RET New Development Select · Miami Beach

The Perigon, Miami Beach

OMA’s distinctive oceanfront architecture meets a smaller residential collection in Mid-Beach. RET’s focus is the selected plan, ocean exposure and all-in ownership commitment—not the silhouette alone.

Sales package received October 22, 2026 · Official milestone checked October 23, 2026 · Independent RET analysis

Collection
73 residences in the supplied sales package · two to four bedrooms
Setting
5333 Collins Avenue · Mid-Beach · direct beach access
Occupancy guidance
Official website: Summer 2027 estimate · subject to contract

RET Quick Take

The architecture matters most when it improves the home

The Perigon’s angled design matters most in the chosen home: room shape, terrace space, privacy and ocean outlook. Its direct beach setting and smaller collection are worth a look. Compare the exact floor plan and annual costs before deciding whether the asking price is reasonable.

Expect a large purchase commitment and ongoing costs for the services. Compare usable space, included services and completed alternatives as carefully as the architecture.

Developer lifestyle film

Supplied sales-team film. Conceptual marketing imagery and lifestyle scenes; not a current construction report or a promise of included services.

Project overview and current position

The sales team’s October 22 package describes 73 residences, with two- to four-bedroom layouts, OMA architecture led by Jason Long, interiors by Tara Bernerd & Partners and landscape design by Gustafson Porter + Bowman. Development partners are Mast Capital and Starwood Capital Group; the offering entity identified in the fact sheet is 5333 Collins Acquisitions LP.

The project has topped out. The official project news page, checked October 23, reports the tower reaching its full 17-story height. The official website now advertises Summer 2027 occupancy. That is developer guidance, not a contractual delivery guarantee. It supersedes the email’s older Q2 2027 closing estimate for this guide; obtain the selected residence’s binding dates and delay provisions.

Pricing and availability: a dated reference, not a live quote

The package supplied October 22 links to a sheet named “The Perigon Availability 5.4.26”, dated May 4, 2026 in its filename. The figures below are that historical sales reference. They do not confirm that these residences remain available today.

Supplied May 4, 2026 price list · request current availability
ResidenceBeds / bathsInterior / exterior sq ftPriceMaintenance / month
6064 / 5.53,808 / 2,240$12,545,000$8,489.43
12023 / 3.53,528 / 918$13,387,500$7,110.99
15014 / 5.55,774 / 1,772$30,500,000$12,695.42
15064 / 5.54,784 / 2,588$20,900,000$10,646.63
17023 / 3.53,528 / 918$16,206,750$7,110.99
Penthouse West4 / 5.55,685 / 6,487$37,000,000$12,561.26

These are source-listed asking prices and maintenance estimates, subject to change. Exterior space is shown separately; it is not interchangeable with interior living area. Current availability, updated charges and floor-plan measurement definitions require confirmation.

Payment structure

The October email states 20% at contract, a further 10%, 10% at top-off and 60% at closing. The middle installment is written with an apparent “90% days” typo, and the top-off date was still described as an estimate for Spring 2026. RET has verified that top-off has occurred and does not repeat those lines as a current payment timetable. The current contract must confirm the timing, any catch-up deposits for a new purchaser, escrow protections and refund provisions.

Ownership economics

The dated maintenance column gives a starting point for a unit-specific budget, not an all-in annual ownership figure. Request the latest association budget, reserves, insurance allocation and service schedule, then add property taxes, individual insurance, utilities and separately charged services. Home-management services are expressly described as extra-fee offerings in the fact sheet.

A large terrace may be valuable to you, but outdoor space is different from indoor living area. Check how much is shaded and usable, the outlook and the room proportions. Compare interior and exterior areas separately.

Neither a smaller residence count nor a distinctive design guarantees appreciation, rental income or a quick resale. Rental, assignment, financing and guest-suite terms require the governing documents.

Location intelligence

At 5333 Collins Avenue in Mid-Beach, The Perigon’s distinguishing setting is direct access to the Atlantic beachfront rather than a mainland or Intracoastal-only address. The supplied materials describe approximately 200 linear feet of shoreline and a site extending toward Indian Creek.

Ocean exposure, shade, wind and privacy still vary by line and floor. Test the actual walking route, beach access and daily trips along Collins Avenue; do not infer journey times or a guaranteed private beach from a rendering. Waterfront exposure also makes insurance coverage, storm planning and building operations relevant parts of the ownership review.

RET Worth Knowing

  • Occupancy: official guidance now says Summer 2027; the purchase agreement controls.
  • Payment wording: the supplied email contains a timing typo and an obsolete future top-off estimate. A current contract schedule is required.
  • Availability: an October email links to a May price sheet. RET has not relabeled that sheet as current inventory.
  • Collection scope: supplied sales materials identify 73 residences. Some articles linked from the official news page describe 72 units; confirm the final condominium schedule and any combinations for a transaction.
  • Amenities: the proposed resident dining, butler, concierge and guest-suite program should be checked for inclusion, operating rules and charges.
  • Imagery: developer renderings depict proposed features and illustrative views; they are not current construction photographs.

Buyer fit

This may suit a buyer who specifically wants a design-led oceanfront home, a relatively small resident community and a staffed service offering, and who can comfortably fund the deposit and recurring costs. It calls for a more cautious comparison if near-term occupancy, a low carrying cost, rental flexibility or an easy pre-completion exit is essential.

How it compares

Shore Club Private Collection is an oceanfront location comparison with a different scale and hospitality context. The Residences at Mandarin Oriental, Miami offers a contrasting Brickell Key, bayfront setting and longer completion horizon. Separate the location decision from the unit-level price and service comparison.

The RET view

Start with the exact plan, view and terrace. Then compare a current quote and service budget with other oceanfront homes you could buy. The architecture matters when it makes the home work better for you.

Sources and confidence

Primary sources: Pietro Belmonte, Douglas Elliman, October 22, 2026 email and supplied Showpad package; May 4, 2026 availability sheet; fact sheet, residence plans, finish book, brochure and developer rendering books. Official project contact and news pages checked October 23, 2026. Pricing and proposed features are developer statements; RET interpretations are editorial analysis.

Developer-supplied conceptual renderings. Sales and marketing: Douglas Elliman Development Marketing. Real Estate Today is an independent brokerage; no developer affiliation is implied.

Plans and developer materials

Use these supplied documents to examine room proportions, inclusions and the offering terms. Materials are dated; request the current unit-specific version before making a decision.

Current RET-Tracked Availability

No publicly eligible MLS units are currently tracked by RET for this project. Developer-direct availability may differ.

Showing the last validated intelligence. A refresh is overdue; source verification dates remain unchanged.

RET Intelligence

Analysis by Real Estate Today

RET Compare

Sources and verification

Check current written terms for the residence before deciding. These comparisons do not predict an investment return.

RET Data & Verification Standards

The decision behind the project

Branded-residence premiums · Future supply · The RET Exit Test

Request Current Availability

Tell RET your preferred bedroom count, budget, intended use and timing.

Request Current Availability

Independent RET analysis. Developer statements are dated and subject to change; contractual documents control. No developer affiliation is implied.

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