Verified 25 September 2026Miami-Dade County Property Appraiser, Florida YIMBY, The Real Deal +13 more16 sources
The Perigon Miami Beach seen from the west — developer rendering
The arrival and porte-cochere at The Perigon Miami Beach — developer rendering
The garden walk at The Perigon Miami Beach — developer rendering
A residence terrace over the ocean at The Perigon Miami Beach — developer rendering
A residence kitchen at The Perigon Miami Beach — developer rendering
A residence dining room over the Atlantic at The Perigon Miami Beach — developer rendering
A residence living room at The Perigon Miami Beach — developer rendering
The residents' bar at The Perigon Miami Beach — developer rendering
The fitness centre at The Perigon Miami Beach — developer rendering
A poolside cabana at The Perigon Miami Beach — developer rendering
The pool deck at The Perigon Miami Beach — developer rendering
The Perigon Miami Beach above its pool deck — developer rendering
Building facts
- Address
- 5333 Collins Avenue
- Neighborhood
- Miami Beach
- Occupancy anticipated
- Summer 2027 (developer’s website)
- Floors
- 17
- Residences
- 72 (Florida YIMBY, March 2026)
- Status
- Under construction; topped out, reported 6 March 2026
- Developers
- Mast Capital, with a controlled affiliate of Starwood Capital Group
- Architect
- OMA, with ODP Architecture & Design as architect of record
- Pricing
- From $12.55 Million, remaining residences (March 2026)
Key Takeaways
- 72 residences across 17 storeys — at 5333 Collins Avenue (Florida YIMBY, 6 March 2026). The developer’s own website still says 73, and the March 2022 launch count was 82.
- Status: under construction, topped out in March 2026 — Florida YIMBY and Traded reported on 6 March 2026 that the tower had reached its full 17-storey height. The county roll (retrieved 25 September 2026) still carries one land folio for the site and shows no unit folios.
- Developed by Mast Capital in a joint venture with a controlled affiliate of Starwood Capital Group; the developer entity named on the project website is 5333 Collins Acquisitions LP.
- Architecture by OMA, the practice founded by Rem Koolhaas, with ODP Architecture & Design as architect of record (Florida YIMBY, 4 April 2024); interiors by Tara Bernerd & Partners; Moss Construction is the general contractor.
- Occupancy anticipated in 2027 — the developer’s website reads “Occupancy Summer 2027” (read 25 September 2026) and Florida YIMBY (6 March 2026) says completion is anticipated in 2027. The date was 2025 at the March 2022 launch.
- Pricing: remaining residences from $12.55 million — the development team, as reported by Florida YIMBY and Traded on 6 March 2026 and the New York Post on 14 May 2026. Launch prices were reported from $3 million (March 2022) and from $4.5 million (April 2024). Sales are handled exclusively by Douglas Elliman Development Marketing (Florida YIMBY, 6 March 2026); confirm current availability with the developer’s sales team.
- Sales: about 75 percent presold in January 2025 (developer release, via The Real Deal) and approaching sellout in March 2026 (the development team, via Florida YIMBY). These are developer statements; the county roll shows no unit folios to check them against.
The Perigon Miami Beach topped out in March 2026 — 17 storeys and 72 residences at 5333 Collins Avenue, designed by OMA, the practice founded by Rem Koolhaas, with interiors by Tara Bernerd & Partners. The development team called it the first new oceanfront residential tower of this cycle in Miami Beach to reach that stage (Florida YIMBY, 6 March 2026). Mast Capital is developing it in a joint venture with a controlled affiliate of Starwood Capital Group.
Have a question about The Perigon Miami Beach? This page is built from the county record and the trade press, not a listing feed. If you want what has actually closed here, or an honest read on whether it suits you, ask me directly.
Its reported delivery date has moved twice, from 2025 to 2027, and its reported unit count has been cut twice, from 82 to 73 to 72. Both are dated below, with the sources.
The Perigon Miami Beach — Building Facts
- Address
- 5333 Collins Avenue, Miami Beach, FL 33140
- Neighbourhood
- Mid-Beach, oceanfront
- Developers
- Mast Capital, in joint venture with a controlled affiliate of Starwood Capital Group (developer entity on the project website: 5333 Collins Acquisitions LP)
- Design Architect
- OMA — the practice founded by Rem Koolhaas
- Architect of Record
- ODP Architecture & Design (Florida YIMBY, 4 April 2024)
- Interior Design
- Tara Bernerd & Partners
- Landscape Architecture
- Gustafson Porter + Bowman
- General Contractor
- Moss Construction
- Storeys
- 17 (full height reached, Florida YIMBY, 6 March 2026; one April 2023 article said 18)
- Residences
- 72 per Florida YIMBY, Traded and the New York Post (March to May 2026); the developer’s website still says 73; 82 at the March 2022 launch
- Announced
- March 2022, with reservations opening the same month
- Groundbreaking
- Announced 3 April 2024 (developer release); reported 4 April 2024
- Construction Loan
- $390M · Eldridge Real Estate Credit, January 2025
- Units Sold
- About 75% presold in January 2025; approaching sellout per the development team, March 2026; the county shows no unit sales
- Prices Reported
- From $3M (March 2022) · from $4.5M (April 2024) · just over $10M (January 2025) · remaining residences from $12.55M (March 2026)
- Status
- Under construction; topped out, reported 6 March 2026
- Original Delivery
- 2025 (March 2022 launch)
- Current Delivery
- 2027; the developer’s website reads “Occupancy Summer 2027” (25 September 2026) — two documented changes of year
- Site History
- Former La Costa condominium (15 storeys, 120 units), since demolished. A Mast affiliate bought out the majority of units in 2021: 88.5% per a Mast spokesperson (The Real Deal, 17 March 2022); 104 of 120 units per the South Florida Business Journal, as cited by Bisnow (4 April 2024)
Verified 25 September 2026 against Florida YIMBY, The Real Deal, Bisnow, Traded, the New York Post, the developer’s website and the Miami-Dade County Property Appraiser. Reservations opened two years before groundbreaking, and both the delivery date and the unit count have moved twice. Confirm every figure against the current price sheet and the recorded condominium documents before you sign.
What is actually being built at The Perigon Miami Beach?
A 17-storey oceanfront tower at 5333 Collins Avenue holding 72 residences, two- to four-bedroom, marketed at 2,100 to 6,700 square feet (Florida YIMBY, 6 March 2026; The Real Deal, 17 January 2025). The design architect is OMA, the Office for Metropolitan Architecture founded by Rem Koolhaas, with ODP Architecture & Design as architect of record (Florida YIMBY, 4 April 2024); interiors are by Tara Bernerd & Partners; landscape architecture is by Gustafson Porter + Bowman; Moss Construction is the general contractor.
The developers are Mast Capital in joint venture with a controlled affiliate of Starwood Capital Group; the developer entity named on the project website is 5333 Collins Acquisitions LP. The site was the former La Costa condominium, a 15-storey building of 120 units (Florida YIMBY, 22 November 2023). The Real Deal reported on 17 March 2022 that a Mast affiliate had bought out the majority of its units the previous summer, and quoted a Mast spokesperson putting the developer’s ownership at 88.5 percent, with 14 units it did not control. Bisnow reported on 4 April 2024, citing the South Florida Business Journal, that the developer’s entity bought 104 of the 120 units in 2021, and that demolition of the building had recently been completed. The two ownership figures differ and I have not found a source that reconciles them.
The reported unit count has been cut twice. The March 2022 launch marketed 82 residences (The Real Deal, 17 March 2022; Florida YIMBY, 18 March 2022). From April 2023 through January 2025 the coverage I found said 73 (Florida YIMBY, 15 April 2023 and 4 April 2024; The Real Deal, 17 January 2025). At the March 2026 topping-out it was 72 (Florida YIMBY and Traded, 6 March 2026; New York Post, 14 May 2026), although the developer’s own website still says 73 (read 25 September 2026). I have not found a source that says why the count changed, so anyone who contracted in 2022 should confirm the current unit count and floor plans in the offering documents.
Inside the residences
Interiors as Mast Capital presents them — renderings, not photographs of finished homes.
Where Construction Stands
Reservations opened in March 2022. The developers announced the groundbreaking on 3 April 2024 (Florida YIMBY and Bisnow reported it on 4 April) — roughly two years later, and Bisnow noted that the tower had not yet secured a construction loan. The $390 million construction loan from Eldridge Real Estate Credit was announced in January 2025, about nine months after groundbreaking, and the developers said the building was about 75 percent presold (The Real Deal, 17 January 2025).
The tower topped out in March 2026: Florida YIMBY and Traded reported on 6 March 2026 that it had reached its full 17-storey height, and Florida YIMBY attributed to the development team the claim that it is the first new oceanfront residential tower of this cycle in Miami Beach to reach that stage. The development team also said the project was approaching sellout, with remaining residences priced from $12.55 million. On 14 May 2026 the New York Post reported that developers said they had logged more than $70 million in sales to New York buyers in the 30 days after the building reached full height; that is a developer figure, and the county roll shows no unit folios to check it against. As of 25 September 2026 I have not found a later dated construction update.
Current delivery guidance is 2027: the developer’s website carries the banner “Occupancy Summer 2027” (read 25 September 2026), Florida YIMBY (6 March 2026) says completion is anticipated in 2027, and the New York Post (14 May 2026) says the project expects to open in 2027.
Two Slips and Two Unit Cuts
The delivery record, dated:
- March 2022 — sales launch, completion promised 2025 (The Real Deal, 17 March 2022).
- April 2023 — slated for 2026 (Florida YIMBY, 15 April 2023).
- April 2024 — groundbreaking, late 2026 (developer release, PROFILEmiami, 3 April 2024; Florida YIMBY, 4 April 2024).
- January 2025 — construction loan announced, 2027 (The Real Deal, 17 January 2025).
- March 2026 — topping out, 2027 (Florida YIMBY, 6 March 2026); the developer’s website reads “Occupancy Summer 2027” (25 September 2026).
That is two changes of year and two years of total movement, from 2025 to 2027. It is not unusual — on the Miami Pre-Construction Delivery Tracker, 22 of 38 towers have slipped at least once and 33 slips are documented in total (tracker read 25 September 2026) — but a buyer who reserved in March 2022 expecting to close in 2025 is now looking at 2027.
The reported date moved twice between the March 2022 reservation launch and the January 2025 loan announcement. In every dated source I found after that (The Real Deal, 17 January 2025; Florida YIMBY, 6 March 2026; the New York Post, 14 May 2026; the developer’s website, 25 September 2026) it is 2027. I have not found a source that says why the date moved.
The amenity levels
The pool deck, the arrival, the fitness floor and the gardens, as the developer renders them. Florida YIMBY (6 March 2026) lists more than 20,000 square feet of amenities, including Nota, an oceanfront restaurant, and FiftyThree, a residents-only lounge, both led by Michelin-starred chef Shaun Hergatt; The Real Deal (17 January 2025) put the amenity space at about 40,000 square feet, and I have not found a source that reconciles the two.
What to Watch Before You Sign
- Financed, largely sold and topped out. A $390 million construction loan was announced in January 2025 with the building about 75 percent presold (The Real Deal, 17 January 2025); the development team said in March 2026 that it was approaching sellout (Florida YIMBY, 6 March 2026); and the tower reached its full height that month. Those are developer statements, and the county roll shows no unit folios to check the sales against.
- Check what you contracted against. The building marketed in March 2022 had 82 residences and a 2025 delivery; the one reported now has 72 and 2027. Ask for the current floor plate and the outside date in your agreement.
- Oceanfront in Florida carries its own arithmetic. Insurance and reserve funding are real costs of an oceanfront tower. Ask for the projected association budget and the reserve study, not just the maintenance estimate.
- Small buildings concentrate cost. 72 units splitting the operating cost of an oceanfront tower with a full amenity programme is very different arithmetic from 400 units doing it. That is the trade for the privacy.
The building on Collins Avenue
The Perigon shown from the beach, the pool deck and the west.
Mid-Beach Around It
5333 Collins sits in Mid-Beach, on the strip between Indian Creek and the Atlantic Ocean beside the La Gorce Country Club (Florida YIMBY, 18 March 2022); the county’s neighbourhood label for the folio is Oceanpoint. The developer’s website describes the site as equidistant from Bal Harbour and South Beach, with almost 200 feet of beachfront backed by the Miami Beach Boardwalk (read 25 September 2026).
The site’s history is the other half of the picture: the tower stands where the 15-storey La Costa condominium stood, on 104,200 square feet, about 2.4 acres, according to the county roll and Bisnow. The former building was demolished (Florida YIMBY, 22 November 2023; Bisnow, 4 April 2024).
The Perigon Miami Beach — Frequently Asked Questions
Where is The Perigon Miami Beach?
5333 Collins Avenue, Miami Beach, FL 33140 — oceanfront in Mid-Beach, between Indian Creek and the Atlantic Ocean (Florida YIMBY, 18 March 2022). The county’s neighbourhood label for the folio is Oceanpoint.
Who designed The Perigon?
OMA, the Office for Metropolitan Architecture founded by Rem Koolhaas, is design architect, and Florida YIMBY (4 April 2024) named ODP Architecture & Design as architect of record. Interiors are by Tara Bernerd & Partners and landscape architecture is by Gustafson Porter + Bowman. Moss Construction is the general contractor. The developers are Mast Capital in joint venture with a controlled affiliate of Starwood Capital Group.
When will The Perigon be completed?
Reported as 2027: the developer’s website reads “Occupancy Summer 2027” (25 September 2026) and Florida YIMBY (6 March 2026) says completion is anticipated in 2027. The date has moved twice: 2025 at the March 2022 sales launch, 2026 in April 2023, and 2027 in the January 2025 construction-loan announcement. The tower topped out in March 2026. I have not found a source that says why the date moved.
How many residences are there?
72, per Florida YIMBY and Traded (6 March 2026) and the New York Post (14 May 2026); the developer’s own website still says 73. The count was 82 at the March 2022 launch and 73 from April 2023 through January 2025. I have not found a source that says why it changed; confirm the current count and plans in the offering documents.
Is The Perigon financed and how much has sold?
A $390 million construction loan from Eldridge Real Estate Credit was announced in January 2025, when the developers said the building was about 75 percent presold (The Real Deal, 17 January 2025). In March 2026 the development team said the project was approaching sellout (Florida YIMBY, 6 March 2026). These are developer statements; the county roll shows no unit folios to check them against.
How much do residences at The Perigon cost?
Remaining residences were priced from $12.55 million in March 2026, according to the development team (Florida YIMBY and Traded, 6 March 2026; New York Post, 14 May 2026). Earlier reports put prices from $3 million at the March 2022 launch, from $4.5 million in April 2024 and just over $10 million in January 2025. Residences were marketed at 2,100 to 6,700 square feet, and sales are handled exclusively by Douglas Elliman Development Marketing (Florida YIMBY, 6 March 2026). I have not found a published deposit schedule; the developer’s website says prices are subject to change without notice and to check with the sales center for current pricing.
Sources and further reading
- Property Search — Miami-Dade County Property Appraiser (folio 02-3214-001-0220, 5333 Collins Avenue, the only folio at that address; lots 27 and 28 and outlots, “fka La Costa Condo”; 104,200 sq ft; land use vacant land, commercial; zone label multi-family 101+ units per acre; assessed $65,236,003 in 2024, $71,711,777 in 2025, $78,882,954 in 2026; one sale in the file, 15 May 2021, $4,000,000, qualified, noted as a multi-parcel sale; no unit folios; retrieved 25 September 2026)miamidadepa.gov
- Florida Statutes 192.042, Date of assessment (real property is assessed as of 1 January; improvements not substantially completed on that date have no value placed on them; read 25 September 2026)flsenate.gov
- The Perigon Miami Beach Tops Out at 5333 Collins Avenue in Mid-Beach — Florida YIMBY, 6 March 2026 (full 17-storey height; 72 residences; completion anticipated 2027; development team says first new oceanfront residential tower of the cycle in Miami Beach to top out and approaching sellout, remaining residences from $12.55 million; OMA, Tara Bernerd, Gustafson Porter + Bowman, Moss Construction; Douglas Elliman Development Marketing)floridayimby.com
- Mast Capital & Starwood Top Off OMA-Designed Perigon Tower at 5333 Collins Avenue in Miami Beach — Traded, 6 March 2026 (topped off; 72 residences; targeting 2027 occupancy; available residences from $12.55 million; more than 20,000 sq ft of amenities)traded.co
- Miami building sees more than $70M in sales from NYC buyers in last month — New York Post, 14 May 2026 (72-unit oceanfront condominium; developers say more than $70 million in sales to New York buyers in the 30 days after full structural height in early March; priced from $12.55 million; expects to open in 2027)nypost.com
- Mast, Starwood score $390M construction loan for Miami Beach condo project — The Real Deal, 17 January 2025 (Eldridge Real Estate Credit loan; 17-storey, 73-unit building expected in 2027, about 75 percent presold per the release; 2,100 to 6,700 sq ft, two to four bedrooms; asking prices just over $10 million, up from $3 million at the 2022 launch; La Costa buyout in 2021, later demolished)therealdeal.com
- Starwood, Mast Capital Break Ground On Oceanfront Condos With Private Dining From Michelin-Starred Chef — Bisnow, 4 April 2024 (broke ground the Tuesday before; 73 residences from $4.5 million; delivery scheduled for 2026; no construction loan yet; 2.4-acre site; 5333 Collins Acquisitions LP bought 104 of the former building’s 120 units in 2021, per the South Florida Business Journal)bisnow.com
- Developers Break Ground On 17-Story ‘The Perigon’ At 5333 Collins Avenue In Miami Beach — Florida YIMBY, 4 April 2024 (completion anticipated late 2026; OMA with ODP Architecture & Design as architect of record; 73 residences, 2,100 to 6,700 sq ft; prices from $4.5 million; Moss Construction and Malcolm Drilling)floridayimby.com
- OMA-Designed The Perigon Breaks Ground on Miami Beach — PROFILEmiami, 3 April 2024 (developer release announcing the groundbreaking; occupancy slated for late 2026; pricing from $4.5 million; 17 stories, 73 residences)profilemiamire.com
- Demolition Work Progresses At 5333 Collins Avenue For The Perigon’s Future Site In Miami Beach — Florida YIMBY, 22 November 2023 (the former 15-storey La Costa condo of 120 units being demolished; groundbreaking expected early 2024)floridayimby.com
- The Perigon Miami Beach Takes Shape at 5333 Collins Avenue, Miami Beach, Florida — Florida YIMBY, 15 April 2023 (slated for 2026 completion; 73 units; the article says 18 storeys)floridayimby.com
- Mast Capital, Starwood launch sales of planned oceanfront condo project in Miami Beach — The Real Deal, 17 March 2022 (17-storey, 82-unit building; reservations opening; units from $3 million; delivery expected 2025; Mast affiliate bought out the majority of La Costa units the previous summer; a Mast spokesperson put ownership at 88.5 percent, with 14 units not controlled)therealdeal.com
- Mast Capital And Starwood Capital Group Launch Reservations For The Perigon In Miami Beach — Florida YIMBY, 18 March 2022 (reservations launched; 82 residences of 2,100 to 6,700 sq ft; 213 feet tall; between Indian Creek and the Atlantic Ocean beside the La Gorce Country Club; from $3 million; construction expected to complete in 2025)floridayimby.com
- The Perigon Miami Beach — official website, home, vision, residences, lifestyle, design story, setting, team and contact pages, read 25 September 2026 (73 residences; banner “Occupancy Summer 2027”; OMA, Tara Bernerd & Partners, Gustafson Porter + Bowman; almost 200 feet of shoreline; equidistant from Bal Harbour and South Beach; sales gallery at 2341 Collins Avenue)theperigonmiamibeach.com
- Legal notices and disclaimers — The Perigon Miami Beach official website, read 25 September 2026 (developer 5333 Collins Acquisitions LP; prices subject to change without notice; renderings conceptual)theperigonmiamibeach.com
- Miami Pre-Construction Delivery Tracker — Josh Stein, read 25 September 2026 (22 of 38 towers slipped at least once, 33 slips documented; Perigon row: 2025 to 2027, two slips, topped off)joshsteinrealtor.com
Thinking about The Perigon Miami Beach?
I have sold South Florida property since 2002, more than $1 billion of it. Ask me for the recorded declaration, what has genuinely closed, or a straight answer on whether this building fits what you are after.
Josh Stein · Florida real estate sales associate, license SL3057661 · (305) 695-8257 · hello@joshsteinrealtor.comRelated coverage
Part of South Florida New Construction.
Get this building’s public record before you put down a deposit
- Its permits, approvals and construction status as they appear in city and county filings, each with its filing date.
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- No sales pitch, no inventory blasts. One building, and only what the public record shows.
Tell Josh which building. He’ll send what the filings show and let you know when it changes.