The Crown Jewel of South of Fifth

The Miami ultra-luxury real estate market has hit a major inflection point. Icon South Beach PH-1—the building’s premier tri-level “house in the sky”—has officially moved to pending status.

Represented by the market-leading team of Roland Ortiz and Eddy Martinez of ONE Sotheby’s International Realty, this landmark listing stands as a testament to the enduring appeal of Miami’s “South of Fifth” enclave. With a list price of $28,900,000, this estate offers an unparalleled lifestyle, featuring over 9,000 square feet of interior living space and an expansive 11,000-square-foot private rooftop terrace complete with a saltwater pool and 360-degree panoramic views.

A New Benchmark for Miami Beach Luxury Real Estate

As we navigate the 2026 Miami real estate market, this property serves as a defining example of what ultra-high-net-worth individuals are seeking: privacy, prestige, and seamless indoor-outdoor living. Listed at $28,900,000, this residence is widely considered the crown jewel of the South of Fifth neighborhood. It is a masterclass in scale and design, offering a rare combination of space and entertainment capabilities that are virtually unmatched among luxury condos for sale in Miami Beach.

Key Features of the Iconic PH-1

• Massive Footprint: 9,039 square feet of sophisticated, bespoke interior living space.
• Unrivaled Outdoor Oasis: A sprawling 11,000-square-foot private rooftop terrace, featuring a saltwater pool, professional-grade outdoor kitchen, fire pit, and dining for 18.
• Panoramic Vistas: Unobstructed 360-degree views covering the Atlantic Ocean, Fisher Island, the bay, and the iconic Miami skyline.
• Bespoke Design: A Philippe Starck-designed tri-level layout connected by dramatic sculptural floating staircases, soaring 20-foot floor-to-ceiling glass walls, and refined marble flooring throughout.
• Exclusive Amenities: A private 7-car garage, dual wine cellars, a billiard room, a private gym, and a primary suite encased entirely in glass.

Expert Representation in a Competitive Landscape

The successful navigation of this high-profile deal reinforces the market leadership of Roland Ortiz and Eddy Martinez. By managing both sides of this significant transaction, they continue to prove why they are the preferred choice for those seeking luxury real estate agents in Miami.

As the property moves through the final stages of the closing process, it stands as a testament to the enduring global demand for trophy assets in Miami Beach. For those tracking the “SoFi” market, the movement of this specific residence is a clear indicator that the appetite for top-tier, irreplaceable estates remains incredibly robust in 2026.

Your Gateway to Miami’s Elite Real Estate

Whether you are looking to list a trophy property or are currently searching for your own slice of Miami paradise, working with the right representation is the key to navigating the competitive South Florida luxury real estate market.

Are you ready to secure your place in the Miami skyline?

• List Your Property: Leverage the unparalleled global reach and market expertise of Roland and Eddy to achieve record-breaking results.
• Find Your Next Home: Gain access to the most exclusive waterfront homes for sale in Miami and the South of Fifth neighborhood.
• Off-Market Opportunities: Contact us today to learn about our curated, private inventory that never hits the public market.

Connect with the Experts

Don’t miss your opportunity to work with the team consistently ranked among the top luxury brokers in the United States.

Roland Ortiz & J. Eddy Martinez | ONE Sotheby’s International Realty

Phone/Text: 786-286-4344
Email: [email protected]
Website: www.rolandandeddy.com
Office: 119 Washington Ave, Suite 102, Miami Beach, FL 33139

Are you interested in viewing similar ultra-luxury off-market listings in the South of Fifth area, or would you like a personalized valuation of your current property?