Preconstruction means contracting to buy a residence before the building is finished, directly from the developer, at pricing set today for delivery years from now. You choose a specific unit and line from floor plans, sign a purchase contract, and fund the deposit in stages while the tower goes up.
The appeal is position: early buyers get first pick of lines, floors, and views, and they contract at the developer's opening price sheet, which typically adjusts upward as the building sells through. The trade is time and uncertainty. Your capital is committed during construction and the finished product is delivered on the developer's schedule, not yours.
Rangely tracks the new development pipeline from Miami up to Fort Lauderdale and maintains a preconstruction directory at rangelyadames.com/preconstruction. Developer sales teams represent the developer; a buyer's agent in the room represents you, and the developer pays that representation.