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← Back to the blog September 12, 2026 · 2 min read

How much does it cost to buy preconstruction in Miami in 2026? Real price ranges by area

From under $500K in Brickell to over $3.5M on the Intracoastal. Here is what each price band buys you and how much you pay during construction.

Delano Residences & Hotel Miami
Pictured: Delano Residences & Hotel Miami · Downtown Miami

It is the first question almost every Latin American investor asks me: "Giselle, how much do I need to get into Miami?" The short answer is that you can still buy preconstruction for under half a million dollars. The useful answer depends on the area, the product and how the payments are spread over the construction period.

These are the starting prices in my catalog today, taken from the developers' price lists as of September 2026. They move as units sell, so treat them as a reference, not an offer.

Under $600,000: the entry level

This is where most first-time investors land: studios and one-bedrooms, usually furnished and designed to be rented.

$600,000 to $1 million: more space and recognized names

Two-bedrooms and the first branded projects show up here. One Twenty Brickell Signature Residences starts at $716,000; Delano Residences in Downtown at $700,000 with delivery in 2031; and Cassia in Coral Gables at $828,000.

Over $1 million: true branded residences

This is hotel-serviced branded living. Anantara Residences in Edgewater starts at $1.8 million and The Ritz-Carlton Residences Fort Lauderdale Beach at $3.5 million.

What really matters: how much you pay before delivery

You do not pay the full price at signing. You pay staged deposits during construction, typically 30% to 50% of the price depending on the project, and the balance at closing. Your peace of mind here is the escrow account Florida law requires: the developer can never put that first 10% into the build, and may only draw on the rest if your contract authorizes it.

So before you look at the list price, look at the deposit schedule and make sure it fits your cash flow for the next three years.

Tell me your budget and when you want the keys, and I will put together a shortlist with the real numbers for each project.

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Giselle Fermín

Giselle Fermín

Realtor in Miami

eXp Realty · FL License SL3571272

Realtor in Miami with eXp Realty (Florida license SL3571272). Pre-construction and branded residences for Latin American investors.