Miami Beach
The Perigon Miami Beach
By Mast Capital & Starwood Capital Group
Under ConstructionStarting From
$4,250K
Est. Delivery
2027
Residences
73
Floors
17
About the Project
Positioned on 200 linear feet of private Atlantic shoreline at 5333 Collins Avenue in Miami Beach's Mid-Beach neighborhood, The Perigon is one of the most architecturally consequential residential towers to rise on the Florida coast in a generation. Developed by Mast Capital, led by CEO Camilo Miguel Jr., in joint venture with a controlled affiliate of Starwood Capital Group, the 17-story building contains just 73 signature residences alongside nine private guest suites. Floor plans run from two to four bedrooms, ranging between 2,100 and 6,700 square feet, with two duplex penthouses crowning the tower. The project is the first new oceanfront residential tower from Miami Beach's current development cycle to reach its full height, and it draws its name from the geometric term for a complete 360-degree angle, a reference to the panoramic views the building is engineered to deliver from every unit.
The design was entrusted to OMA, the Rotterdam- and New York-based Office for Metropolitan Architecture founded by Pritzker Prize laureate Rem Koolhaas. OMA is among the most intellectually rigorous practices in the world, responsible for such landmarks as the Seattle Central Library, the CCTV Headquarters in Beijing, and the Fondazione Prada in Milan. The firm approaches each commission not as a stylistic exercise but as a structural argument: at The Perigon, OMA rotated a series of stacked, diamond-shaped volumes to fracture the building's massing into angular fins and deep-set terraces. The result is a tower whose facade reads differently from every vantage point -- from the ocean it appears as a crystalline stack of receding planes, from Collins Avenue as a sculptural column of interlocking geometries. The project marks OMA's first residential building in Miami Beach, and the firm collaborated with landscape architect Gustafson Porter + Bowman, whose portfolio includes the Diana Memorial Fountain in London's Hyde Park, to extend the architectural logic into the surrounding two-and-a-half-acre beachfront site through layered gardens, waterfall features, and meditation terraces.
Interior design was assigned to Tara Bernerd, the London-based designer whose practice is perhaps best known for its work on ultra-luxury hotels -- including the Waldorf Astoria Amsterdam and the Thompson Hotels portfolio -- and private superyachts. For The Perigon, Bernerd developed a calm coastal palette drawn from the Riviera rather than the tropics: honed white travertine laid in a diamond pattern echoing OMA's geometry, fluted stone panels, burnished metal accents, and hand-selected Italian walnut or European white oak cabinetry. Each residence arrives with a private elevator, 10-foot ceilings throughout, and terraces between 10 and 12 feet deep that dissolve the boundary between interior and exterior. The four-bedroom units of the flagship 01 Collection begin at 4,869 square feet of interior space and are accompanied by more than 1,500 square feet of wraparound terrace. The trophy Penthouse West encompasses 5,685 square feet inside and a further 6,487 square feet of outdoor space, including a private rooftop with a 30-foot infinity-edge pool, a full summer kitchen, and a landscaped sundeck above the Atlantic.
More than 20,000 square feet of amenities have been programmed with the same restraint applied to the residences. The centerpiece at grade is a 25-meter beachfront lap pool flanked by private cabanas and sunbeds, giving way directly to 200 linear feet of deeded beach managed exclusively for residents. A full spa offers treatment rooms alongside a private salon, while a dedicated wellness wing houses a high-specification fitness center and meditation gardens with ocean sightlines. The food-and-beverage program was designed in partnership with Michelin-starred chef Shaun Hergatt, the Australian-born New York chef whose restaurant SHO earned two Michelin stars and a 29-out-of-30 Zagat rating, and whose subsequent Vestry in SoHo has held a Michelin star since 2021. At The Perigon, Hergatt oversees two venues: Nota, an oceanfront restaurant open to the water, and FiftyThree, a residents-only speakeasy lounge. A sunrise lounge with catering kitchen, a bespoke wine room, a private cinema, and a children's playroom complete the program. Twenty-four-hour security, concierge, and butler service are standard, alongside house car service and dedicated valet.
The Perigon occupies a stretch of Collins Avenue historically known as Millionaires' Row, the corridor between 44th and 59th Streets where estates and grand hotels lined the ocean through much of the twentieth century. Mid-Beach sits between the density of South Beach to the south and the quieter residential scale of Surfside and Bal Harbour to the north, offering proximity to the cultural infrastructure of the Art Deco district and the Design District without the pedestrian congestion of lower Collins. The Faena District lies minutes to the south; the Setai and the Fontainebleau are nearby landmarks; and the Miami Beach Convention Center, Bass Museum, and Lincoln Road are accessible within a short drive. The neighborhood has attracted a consistent wave of ultra-luxury development over the past decade -- 57 Ocean, the Surf Club Four Seasons, and Eighty Seven Park among them -- and The Perigon represents the latest and architecturally most ambitious addition to that continuum.
The building topped out at its full 17-story height in March 2026, with Mast Capital CEO Camilo Miguel Jr. citing the milestone as the full realization of OMA's architectural vision for the site. Construction is being carried out by Moss Construction, and a construction loan of 390 million dollars -- the largest of its kind for a Miami Beach residential project -- was closed in January 2025 with Eldridge Industries, the investment firm led by Todd Boehly. Delivery is anticipated in 2027. As of topping out, residences are priced from 4.25 million for two-bedroom configurations, with four-bedroom units in the 01 Collection starting at 9.52 million. Penthouse West is listed at 37 million dollars, a figure that reflects both the scale of the unit and the rarity of oceanfront land in Miami Beach at this level of architectural pedigree.
Amenities
Location
5333 Collins Ave, Miami Beach, FL
About Miami Beach
Miami Beach is the island that defined Miami's global image — a barrier island of Art Deco architecture, world-famous beaches, and a hospitality scene that draws visitors from every continent. For luxury residential buyers, it offers a rare combination of genuine beachfront living, a walkable urban environment, and one of the world's most recognizable addresses.
- Direct Atlantic Ocean beach access along a 7-mile barrier island
- Art Deco Historic District on the National Register of Historic Places
- World-class dining, hospitality, and cultural institutions
- Miami Beach Convention Center and SoundScape Park cultural campus