Highest-Priced Miami Pre-Construction Condos: Shore Club Private Collection

The Shore Club site has been one of Miami Beach's most-watched redevelopment stories for years. Witkoff and Monroe Capital are now building it out with Robert A.M. Stern Architects (RAMSA) on the architecture and residential interiors and Auberge Resorts Collection managing the resort. The project is branded The Shore Club Private Collection: 49 residences across a new tower, the restored Cromwell House and a single-family Beach House.

The project is under construction. Coastal Construction finished the concrete foundation pour for the tower in November 2025, and Florida YIMBY reported then that all three components are scheduled to open together in 2027. In March 2024, The Real Deal reported a penthouse in contract for more than $120 million, which puts Shore Club firmly in the conversation with Miami's other ultra-trophy projects.

This profile is part of our highest-priced Miami pre-construction condo series.

The Quick Take

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Why It Sits at the Top of the Market

Three things set Shore Club apart:

1. The site. Shore Club is a roughly three-acre oceanfront property in the heart of South Beach with a named-hotel history. An oceanfront South Beach assemblage at this scale is very hard to repeat.
2. The architecture. Robert A.M. Stern Architects designed some of New York's most expensive residential towers, including 15 Central Park West, 220 Central Park South, 520 Park Avenue and 30 Park Place. Shore Club brings that residential design approach to the Miami Beach oceanfront.
3. The Auberge stack. Auberge Resorts Collection manages the resort, so residents get access to Auberge spa, concierge and housekeeping services alongside RAMSA's residential design.

Pricing Reality

The Real Deal's March 2024 report put launch pricing at about $6 million to about $40 million below the penthouse level. The headline deal is the penthouse reported in contract for more than $120 million: about 10,500 square feet of interior space with roughly 7,500 square feet of terraces and a rooftop pool. The Real Deal reported at the time that the sale would set a Miami-Dade condo record once it closes, which is expected after the project is completed.

Availability matters as much as price here. Florida YIMBY reported in November 2025 that the tower's residences were more than 85% sold, and that Douglas Elliman Development Marketing handles sales exclusively. As of October 27, 2026, our MLS data showed no active listings and no closed sales in the building, as expected for a project that has not delivered. Buyers today are choosing among a small number of remaining developer residences, not a deep inventory.

What Makes the Product Different

Most luxury condo towers stack identical layouts. Shore Club is structured more like a small private community on one site:

• The Tower: a new 20-story oceanfront tower with views of the Atlantic Ocean and Biscayne Bay
• Cromwell House: the Art Deco building completed in 1939, being restored into six residences
• Beach House: a single-family oceanfront home designed by RAMSA, surrounded by gardens, with its own entrance and pool

Based on the developers' published plans as reported in 2024 and November 2025, residents are slated to get:

• A private porte cochère entrance
• Access to three swimming pools, including a residents-only pool
• A private fitness center, library and lounges
• Auberge spa, concierge and housekeeping services
• Beach club with direct beach access
• In-residence dining and sommelier services
• A signature restaurant, a poolside café and bar with cabana service, and a double-height café and bar opening onto an outdoor lounge

Buyer Fit

Shore Club Private Collection is a fit for:

• Buyers who want South Beach oceanfront without the brand-new-glass-tower aesthetic
• Owners who specifically value Robert A.M. Stern's prewar-residential design language
• Buyers comparing it against The Ritz-Carlton Residences South Beach, Six Fisher Island and Casa Cipriani
• Auberge loyalists who already know the service standard

It's probably not the right fit for:

• Buyers who want a modernist glass tower look (this is intentionally less aggressive architecturally)
• Buyers underwriting the purchase mainly for rental income
• Anyone optimizing for the lowest monthly carrying cost, since resort-level service is part of the package

How It Compares to Other Trophy Projects

Compared to the rest of the top tier:

• Six Fisher Island offers private-island isolation
• The Ritz-Carlton Residences South Beach is a planned 30-residence boutique building at 1671 Collins Avenue, at the east end of Lincoln Road
• Casa Cipriani is planned in Mid-Beach around a private members' club
• Shore Club Private Collection combines a historic site, RAMSA design and Auberge service in one package

RAMSA's New York towers, including 220 Central Park South, built their reputations on classical proportions and careful residential planning. Shore Club brings that firm to the Miami Beach oceanfront.

The Risk Side

Construction financing is in place and the tower is underway, but real questions remain for any pre-construction buyer:

• Delivery timing: when the loan closed in July 2023, completion was expected in 2026. The current schedule is 2027, so check the latest timeline before you sign.
• Deposit schedule and escrow terms: confirm contract specifics with the sales team, including any FIRPTA, foreign buyer or assignment clauses
• HOA, club and Auberge service fees: at this tier, the all-in carrying cost is a meaningful part of the underwrite
• Component mix: make sure you understand the resale dynamics of Tower vs. Cromwell House vs. Beach House
• Final residence count: confirm the residence count and the specific residence in your contract, since condo-hotel programs can be adjusted during permitting
• South Beach insurance and assessment risk: oceanfront property in South Beach sits in an exposure zone that insurers and lenders scrutinize more each year

Bottom Line

Shore Club Private Collection pairs Robert A.M. Stern design with Auberge service on one of South Beach's most storied oceanfront sites, and it is under construction for a 2027 opening. The penthouse reported in contract above $120M makes the record-price debate real, and the rest of the residences matter even to buyers in the "merely" eight-figure tier.

With the tower's residences reported more than 85% sold in November 2025, the window for buying from the developer is narrow. For trophy buyers who care more about how a building will look in 30 years than at ribbon-cutting, it is worth a call now. After delivery, the realistic path in will be resales.

More From the Highest-Priced Pre-Construction Series

• Six Fisher Island: $15M+ private-island residences
• Ritz-Carlton Residences South Beach: $4.25M–$125M condos
• Casa Cipriani Mid-Beach: planned members'-club residences
• Rivage Bal Harbour: SOM-designed oceanfront condos
• Waldorf Astoria Residences Miami: 100-story supertall
• The Perigon Miami Beach: OMA-designed Mid-Beach oceanfront
• 888 Brickell by Dolce & Gabbana: fashion-branded supertall
• Baccarat Residences Brickell: 75-story riverfront
• Mandarin Oriental Residences Miami: KPF-designed Brickell Key