08/03/2026
Miami's tallest new tower is nearly sold out as South Florida continues attracting wealthy buyers, business leaders and executives from across the country.
The 100-story Waldorf Astoria Hotel & Residences Miami is expected to become the city's tallest building when completed. Developers say nearly all of the luxury residences have already been sold, with demand fueled in part by high-net-worth individuals and companies relocating to Florida.
Industry leaders say Miami's business-friendly environment, favorable tax climate and growing financial sector have helped drive the migration of executives and investors over the past several years, reshaping the city's luxury real estate market.