A 62-Story Oceanfront Tower Just Got Approved in Sunny Isles — Here’s What Happens Next
Sunny Isles Beach just approved what will become the tallest building on the barrier island.
And this changes the market — immediately.
A 62-story, 820-foot luxury condominium tower at 19051 Collins Avenue received official approval after hours of debate, public opposition, and intense discussion among city commissioners.
This is not just another condo project.
This is a skyline shift.
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What Was Approved
The future Miami Beach Club Residences will feature:
• 62 stories
• Approximately 820 feet tall
• Only 145 luxury residences
• Direct oceanfront location
• Developed by BH Group, Related Group & Dezer Development
• Sales projected to launch in 2027
• Construction expected to begin around 2028
The new tower will replace an aging low-rise building — marking another transition from old Sunny Isles to ultra-luxury vertical living.
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Why It Sparked Controversy
Residents raised concerns about foundation drilling and vibration impact on surrounding buildings. Because Sunny Isles sits on a barrier island, deep construction requires careful structural monitoring.
As part of the approval, the city required vibration monitoring during construction.
When a project requires this level of oversight, it tells you something:
This isn’t ordinary development — it’s transformational.
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The Bigger Market Signal
Here’s what most people miss.
The developers did not request zoning variances. Instead, they used transferable development rights and bonuses — and agreed to pay the city more than $26 million.
Developers are now paying premium dollars simply for the right to build taller.
That means land is no longer the scarce asset.
Height. Exclusivity. Prestige.
That’s where the value is shifting.
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What This Means for Property Owners
When a record-setting tower enters a luxury market, history shows three things happen:
1. Nearby properties see upward pricing pressure
2. Older buildings become redevelopment conversations
3. Inventory tightens as owners wait for appreciation
We’ve seen this pattern before with major Sunny Isles launches. And each time, resale values adjusted well before completion.
The reaction doesn’t start in 2028.
It starts quietly — now.
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The Real Timeline
• 2027 → Sales launch
• 2028 → Construction
• Early 2030s → Completion
But pricing psychology changes long before the ribbon cutting.
Savvy owners position themselves before the market fully absorbs the impact.
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The Strategic Question
If you own in Sunny Isles Beach right now, the question isn’t simply “Should I sell?”
The real question is:
Are you holding lifestyle property — or strategic land value?
That distinction matters more than ever.
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Thinking About Your Next Move?
Major projects like this reset expectations, pricing benchmarks, and buyer behavior.
If you would like a private evaluation of how this new 62-story tower impacts your property specifically, we’re here to guide you.
Contact Brosda & Bentley Realtors
📞 305-788-9393
Whether you’re considering selling, investing, or simply understanding your equity position — timing matters in markets like this.
And early positioning is everything.
