Question 1

What is pre-construction real estate in Miami?

Accepted Answer

Pre-construction (or new development) refers to condos, townhomes, and single-family residences purchased before — or during — construction, directly from the developer. Buyers typically secure today's price for a residence delivered 18 to 48 months later, with deposit schedules tied to construction milestones.

Question 2

How do deposit structures work for new developments in Miami?

Accepted Answer

Most Miami luxury pre-construction projects require a 10% deposit at contract, 10% at groundbreaking, 10% at top-off, and the balance at closing. Branded and luxury towers can require 20–50% prior to delivery. We negotiate deposit timing and incentives on your behalf.

Question 3

Can international buyers purchase Miami pre-construction?

Accepted Answer

Yes. Miami is one of the most international new-development markets in the United States. We routinely represent buyers from Latin America, Europe, and the Middle East — coordinating wire schedules, FIRPTA planning, entity structuring, and US legal counsel.

Question 4

What are the benefits of buying pre-construction versus resale?

Accepted Answer

Pre-construction offers today's pricing on tomorrow's inventory, first selection of floor and view, developer finish allowances, full builder warranties, and meaningful equity appreciation between contract and delivery in supply-constrained Miami submarkets.

Question 5

Which Miami neighborhoods have the most new developments?

Accepted Answer

Brickell, Edgewater, Sunny Isles Beach, Bay Harbor Islands, Miami Beach, Coconut Grove, Coral Gables, and Wynwood lead Miami's pre-construction pipeline — each with distinct branded-residence offerings and price tiers.

Question 6

Do you charge buyers for new-development representation?

Accepted Answer

No. Developer commissions are paid by the sponsor, so our representation is at no cost to the buyer. The advantage is independent advisory — we evaluate every project on the market, not only the one a sales gallery is selling.

Question 7

Should I use a Realtor when buying directly from a builder?

Accepted Answer

Yes. The sales gallery represents the developer, not you. An independent broker compares projects across the market, evaluates the developer's track record and delivery history, reviews the purchase agreement and deposit escrow protections, and negotiates finish allowances or closing credits. Developer commissions are paid by the sponsor, so representation costs the buyer nothing.

Question 8

What are developer deposits and are they protected?

Accepted Answer

Developer deposits are milestone payments made toward the purchase price before delivery — commonly 10% at contract, 10% at groundbreaking, 10% at top-off, and the balance at closing. In Florida, a portion of buyer deposits on pre-construction condominiums must be held in escrow under the terms of the purchase agreement and applicable statute. We review the escrow and default provisions of every contract before you sign.

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