How to Buy New Construction in Miami: Step by Step

Whether you are buying a $500,000 studio or a $10 million penthouse, the mechanics of a Miami new-construction purchase follow a similar arc.

1. Define budget and use

Decide upfront whether the residence is primary, secondary or investment use — it changes which projects, rental policies and financing paths make sense.

2. Shortlist by neighborhood and price

Use a neighborhood- and price-based search rather than a single developer's pitch. Compare price per square foot, not just the headline starting price.

3. Review the contract before you sign

New-development purchase agreements differ meaningfully from resale contracts — deposit schedules, escrow, assignment rights and rental restrictions are all negotiated at the developer level, not standardized. A real estate attorney should review the contract.

4. Track construction and deposit milestones

Stay informed as the project moves from pre-construction to topped-off to newly completed — status and delivery estimates can change.

5. Close

At closing you'll pay the remaining balance (financed or in cash), and title transfers once the certificate of occupancy is issued.

Diego works with both local and international buyers through each of these steps — reach out to start with a shortlist matched to your budget and goals.