Apogee will become the centerpiece of the southern tip of South Beach, an area known as "South of Fifth." The aptly named property will rise on the neighborhood's last great waterfront parcel, surrounded by Biscayne Bay, Government Cut and the Atlantic. The South of Fifth neighborhood is nearly a decade in the making -- the vision of developer Jorge Perez of The Related Group of Florida. It started with Perez's Portofino Tower and culminates with Apogee, the 67-unit ultra-exclusive property priced from $4-15 million.

In contrast to frenetic central Miami Beach, SoFi (as South of Fifth has
become known) feels alluringly laid back. Sophisticated insiders know Apogee’a location well, and head south at Ocean Drive for five eclectic blocks between Fifth Street and Government Cut. SoFi is part of the Ocean Beach Historic District and contains 20 Art Deco gems, many operating as hotels, restaurants and clubs. It's also home to the Miami Beach Marina.