Originally listed for $27M in 2010, this penthouse just sold for $21.5 million and was owned by Netscape Founder Jim Clark.

The Miami Beach condo property is a 5803 square-foot, multi-story residence that sits at the top of The Setai, overlooking South Beach and the Atlantic Ocean.

The world-famous 40-storey Setai Resort is serviced by Singapore-based, five-star hotel management company GHM Hotels.

Miami’s most exclusive enclave, Fisher Island is still America’s number one “Millionaire Capitol” according to Forbes‘ calculations.

Forbes.com combed through IRS data and ranked zip codes by the average income of those who make at least $200,000 a year.

They then estimated the average net-worth for people making over $200,000 a year. Fisher Island came in first place by a large margin.

A Miami Beach condo developer plans to build a new skyscraper with a robotic parking deck built in.

The Porsche Design Tower project will allow owners to ride their vehicles into a robotic elevator system that drops them and their vehicles at their doorstep.

The $560 million tower will rise in Sunny Isles Beach as part of a collaboration between Porsche Design Group and a local developer, Gil Dezer.

A renowned yacht designer has unveiled a new concept yacht based on the luxury vehicles of supercar maker Aston Martin.

The Aston Martin Voyage boat was inspired by Aston Martin vehicles such as the Vantage, Rapide, DBS and Virage and was unveiled last week.

De Basto, a Miami-based custom yacht designer, put together the concept as a way to test whether the car brand’s signature design could be transposed onto water.

Miami is to get a new $3 billion mega-resort next year constructed by the same firm behind Singapore’s massive Resorts World Sentosa destination.

The enormous Resorts World Miami, which will overlook Miami’s prized waterfront, is set to open next year in between Miami International Airport and Miami Beach, Malaysian developer Genting confirmed.

The development will stretch three miles along the bayfront, filling a total of 13.9 acres and containing multiple skyscrapers with a futuristic ocean-inspired design.

Located at 11th Street and Collins in the heart of Miami Beach, Lords South Beach is the first gay boutique hotel brand in the US.

The hotel opened in an historic Art Deco building with 54 rooms and a variety of hotel venues, including the Cha Cha Rooster Restaurant and the poolside Cabana Bar.

Amenities include a Lords online social network for guests, staff uniforms custom designed by Levis, and linens by Frette.