Preconstruction condos in Miami are incredibly popular. Purchasing at the preconstruction stage lets you secure a unit before completion, usually at a much lower price, while benefiting from appreciation as the construction progresses.

Developers structure preconstruction condos in Miami with a phased deposit schedule. Buyers start with a reservation agreement and initial deposit, followed by staged payments tied to milestones like contract signing and groundbreaking. A larger portion is due at closing once the building is completed. This structure spreads payments over the construction timeline rather than requiring full financing upfront.

Florida law gives you a 15-day rescission period after contract signing to review documents and make a final decision. Most preconstruction residences are delivered in “designer-ready” condition, so you can customize flooring, closets, appliances, and interior finishes.

Because inventory and pricing can shift quickly, it's important to work with an experienced real estate agent so you receive current floor plans, deposit schedules, and availability before public sellouts happen.

Contact Lana Bell today at 1.305.336.0457 to get up-to-date information and the latest prices.