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Just five months after the unveiling of their luxurious preview gallery, MAST Capital and Starwood Capital have broken ground on The Perigon Miami Beach, their much-anticipated ultra-luxury beachfront development at 5333 Collins Avenue. The project’s developers gathered on the sand yesterday to toast to their progress and welcome the new elegant development with a handful of elite brokers and clients.
“Breaking ground on The Perigon marks a new era for luxury living on Miami Beach – one that is characterized by sophisticated design and highly curated experiences,” said Camilo Miguel, Jr., CEO and Founder of Mast Capital. “We’ve partnered with some of the most brilliant visionaries in the world to create a new marvel located within the most coveted destination in the market. It’s evident by our tremendous sales that the concept is resonating with today’s discerning buyers.”
The Perigon Miami Beach is the embodiment of quiet luxury or “stealth wealth” that has become so popular over the last year. Offering the pinnacle of privacy, the development offers just 73 residences in 17 floors on the Miami Beach oceanfront.
While owners at The Perigon will have fewer neighbors, they will not sacrifice on amenities in the least. The boutique tower offers over 20,000 square feet of exclusive amenity space that includes an oceanfront restaurant helmed by the Michelin Starred Chef Shaun Hergatt, an idyllic waterfront setting with 200 linear feet of private beach and a 25-meter pool with a private club.
Inside the glistening tower, guests will find indoor dining and a private speakeasy, also helmed by Chef Hergatt as well as an extensive wellness center.
The residences feature interiors designed by Tara Bernerd & Partners. With a palette of white chocolate minimalism, the understated elegance leads to a peaceful and decadent blissful experience.
Rem Koolhaus’s unique design of The Perigon is actually a series buildings that are connected into one. The towers are oriented to maximize the views from each residence, offering a combination of Ocean, Biscayne Bay and Miami skyline views.
The bespoke 2- to 4- bedroom layouts range in size from 2,100 to 6,700 square feet and each residence offers a dramatic view. The ceilings are 10-feet throughout with floor-to-ceiling impact glass windows and 10- to 12-foot-deep terraces to offer indoor/outdoor living in the American Riviera.
Purchase opportunities at The Perigon Miami Beach start at $4.5 million. Delivery is anticipated in 2026.
Douglas Elliman is the exclusive broker for The Perigon Miami Beach. If you are interested in a private presentation of the project, with specific pricing, please contact Michael Light, Broker and Executive Director of Luxury Sales at Douglas Elliman. You may reach Michael directly at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.
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