The 15 South Florida New Developments Delivering in 2027, Ranked by Buyer Readiness

Fifteen luxury condominiums from Miami Beach to West Palm Beach are verifiably targeting 2027 completion. We rank them by buyer readiness — a composite of construction progress, percent sold, and developer track record — and flag which schedules look solid versus aspirational.

“Delivering 2027” is the most-used phrase in South Florida sales galleries — and the least policed. To separate real closings from marketing calendars, we scored every project with a publicly stated 2027 target on three criteria, weighted equally: construction progress, sales absorption, and developer track record. Fifteen projects cleared our verification bar; several familiar names did not, and we say so below. For the longer horizon, see our ranking of deliveries through 2030.

Which buildings actually close in 2027?

Fifteen verified projects: Cipriani Residences Miami, The Perigon, The St. Regis Residences, Miami, Rosewood Hillsboro Beach, Ella Miami Beach, Villa Miami, Okan Tower, Rivage Bal Harbour, Meliá Miami Brickell, The Rider at Wynwood, South Flagler House, 7200 Collins, Surf Row Residences, Botanic Residences, and Olara West Palm Beach.

The readiness ranking, with the evidence behind each position:

1. Cipriani Residences Miami  — Topped off at roughly 950 feet on July 23, 2026, more than 80% sold, summer 2027 delivery, from $1.8 million. Mast Capital’s 397-unit Arquitectonica tower is the cycle’s readiness benchmark.
2. The Perigon  — Topped off March 2026 and described as approaching sellout; remaining residences from $12.55 million. Mast Capital and Starwood’s 72-unit OMA building is the first oceanfront tower of this cycle to top out in Miami Beach.
3. The St. Regis Residences, Miami — Over 80% sold as of August 20, 2026, with structural top-off projected Q3 2026 and completion in Q4 2027. Related Group and Integra’s 50-story bayfront tower launched from $2.8 million at its 2022 redesign.
4. Rosewood Residences Hillsboro Beach — Topped off February 2026; early-2027 delivery; 92 units from $5.95 million. Absorption is undisclosed. Milestones tracked in our Rosewood 2027 tracker.
5. Ella Miami Beach  — 70% pre-sold and nearing top-off as of March 2026, early-2027 completion, from $600,000.
6. Villa Miami  — 37 of 55 floors poured by June 2026, pacing about 10 floors in two months; 2026 delivery; 49 residences from $5.5 million.
7. Okan Tower  — 62% pre-sold and approaching its 50th floor as of March 2026; condos from $3.6 million, condo-hotel units from $750,000.
8. Rivage Bal Harbour — Under construction since September 2024 with a $424 million loan and 45% sold as of December 4, 2024; 2027 delivery from $10 million.
9. Meliá Miami Brickell — 111 condo-hotel residences topped off May 2026 for Q1 2027 completion.
10. The Rider at Wynwood — Vertical construction underway, over 50% pre-sold, from about $650,000.
11. South Flagler House  — Related Ross’s 108-unit tower in vertical construction as of October 2025 for a 2027 target.
12. 7200 Collins  — A remarkable 93% pre-sold, from $600,000 — but ground broke only in March 2026 against a late-2027 target, so schedule risk caps its rank.
13. Surf Row Residences  — Broke ground November 2025; boutique product from $1.4 million targeting 2027.
14. Botanic Residences  — Broke ground June 2025 for a stated Q1 2027 completion.
15. Olara  — Savanna’s 275-unit waterfront tower broke ground August 2025 for a 2027 target — the most compressed schedule on this list.

Which are ahead of or behind schedule?

Topped-off buildings — Cipriani, The Perigon, Rosewood Hillsboro, Meliá — are effectively de-risked for 2027. The watch list is the 2025–2026 groundbreaking cohort: 7200 Collins, Olara, Surf Row, and Botanic all need roughly 20-month construction runs to hit their stated dates.

Several marquee names quietly moved out of 2027 entirely. Waldorf Astoria Residences Miami passed its 60th of 100 floors in February 2026 but targets 2028. Faena Residences on the Miami River tracks to 2028, and the Residences at Mandarin Oriental on Brickell Key targets 2030. At the other end, Pier Sixty-Six Residences already announced completion in September 2025 — buyers there are shopping finished inventory, not pre-construction; see our Fort Lauderdale guide. We could not verify a 2027-completing Mandarin Oriental project in West Palm Beach.

Where does inventory remain?

Meaningful availability sits mid-list: Rivage, Okan Tower, The Rider, and the undisclosed-absorption projects — Rosewood Hillsboro, South Flagler House, Olara, and Botanic.

At the top of the ranking, choice is thin. Cipriani and The St. Regis Residences, Miami both report over 80% sold, meaning line and floor selection — not just price — now favors the developer; The Perigon is approaching sellout with remaining homes from $12.55 million. The practical takeaway: buyers who need a specific stack, a low $/SF basis, or negotiating room should look at ranks 8 through 15, where construction risk is the currency that buys optionality. Monthly inventory shifts are logged in our August 2026 pre-construction monthly.

Which 2027 deliveries are the best value today?

On entry price against readiness, Ella Miami Beach and Okan Tower’s condo-hotel line lead. In the luxury tier, Rosewood Hillsboro’s $5.95 million entry buys a topped-off oceanfront building — rare risk-adjusted value.

Value in this cycle is a function of certainty. A topped-off building delivering in twelve months carries almost no completion risk, so any residual pre-construction discount is arguably mispriced — the Rosewood case. Conversely, 7200 Collins’s 93% absorption at sub-luxury prices shows how quickly attainable product clears, leaving late buyers with the least desirable lines. Ultra-prime buyers comparing Cipriani, St. Regis, and Villa Miami against the broader field should benchmark them versus our top 20 developments, the branded-residences universe, and the full Miami market pipeline before committing a 30–40% deposit to any 2028-and-beyond alternative.

Frequently Asked Questions

How is “buyer readiness” calculated?

Three equally weighted factors: construction progress, publicly reported percent sold, and the developer’s completed track record in South Florida.

Which 2027 project is most sold out?

7200 Collins reports 93% pre-sold; Cipriani and The St. Regis Residences, Miami each exceed 80% as of mid-2026.

Which projects have already topped off?

Cipriani, The Perigon, Rosewood Hillsboro Beach, and Meliá Miami Brickell.

Is Waldorf Astoria Miami delivering in 2027?

No — the 100-story supertall passed its 60th floor in February 2026 and targets 2028.

What is the cheapest verified 2027 delivery?

Ella Miami Beach and 7200 Collins, each from about $600,000.

What is the most expensive entry point on the list?

The Perigon, where remaining residences start at $12.55 million.

Is Pier Sixty-Six part of the 2027 wave?

No — Pier Sixty-Six Residences announced completion in September 2025; buyers there purchase finished inventory.

Are West Palm Beach’s 2027 targets realistic?

South Flagler House was in vertical construction by October 2025; Olara broke ground in August 2025, making its 2027 date the tightest on the list.

Do all 15 projects have guaranteed 2027 closings?

No. These are developer-stated targets; the four topped-off buildings carry the least schedule risk, while 2025–2026 groundbreakings carry the most.