Chapter 03 · How to evaluate a pre-con deal without getting burned

Luxury & Pre-Construction

Pre-construction has created more millionaires in Miami than any other asset class in the last decade — and it has also burned more retail buyers than any other. The difference comes down to evaluating the deal like a developer, not a consumer. This is how I read a pre-con deal on behalf of my clients.

The five numbers that matter

  • Developer track record: how many Miami projects have they delivered, and what was the actual appreciation from reservation to TCO?
  • Deposit schedule: what percentage is due, and when? (20/20/10/10/40 is different from 50 at signing.)
  • Price per buildable square foot relative to the delivery-year comp.
  • HOA and property tax projection — the real number, not the marketing number.
  • Rental policy: is Airbnb allowed, is there a minimum lease, is there a hotel license?

Where the value really is

Brickell is still the gold standard for liquidity. Edgewater offers a better entry for the same buyer profile. Sunny Isles is a pure international play. And the new wave of Wynwood and Little River projects is where the contrarian upside sits — if you can stomach a longer hold.

Want my pre-construction early access list?

I work directly with developers in Brickell, Edgewater, and Sunny Isles. Let me know what profile you're looking for and I'll send you the current inventory.

See Pre-Construction

Want The Full 42-Page PDF?

Get the complete designed book — all 7 chapters, Casa Mare case study, FIRPTA guide, and the 90-day action plan — delivered to your inbox.

Download the Book

Enter your details and I'll send the 42-page PDF straight to your inbox. No spam, ever.

By downloading, you agree to occasional Miami real estate insights. Unsubscribe anytime.

Call NowWhatsApp