New Construction Miami
Most complete inventory of New Construction Miami Real Estate Listings for sale in the area. With the continued new construction luxury condo boom in South Florida and Miami, we want to let those interested know it is still a great time to buy new construction condos in Miami. The Buyers Market is still ripe for great opportunities in prime luxury new construction Miami real estate market through out the North Miami area. Read MORE on New Construction Miami
101 Bay Harbor
1155 101 St Bay Harbor Islands Florida 33154
321 at Waters Edge
321 N Birch Rd Fort Lauderdale Florida 33004
2895 NE 33 Ct Fort Lauderdale Florida 33306
353 Sunset Residences
353 Sunset Dr Fort Lauderdale Florida 33301
400 Sunny Isles Condo
400 Sunny Isles Bl Sunny Isles Beach Florida 33160
900 NE 4 St Fort Lauderdale Florida 33301
9900 Bay Harbor
9900 E Bay Harbor Dr Bay Harbor Islands Florida 33154
209 Hendricks Isle Fort Lauderdale Florida 33301
Acqualina Mansions Condo
17749 Collins Av Sunny Isles Beach Florida 33160
Acqualina Palace Condo
17901 Collins Av Sunny Isles Beach Florida 33160
3951 S Ocean Dr Hollywood Florida 33019
920 Intracoastal Dr Fort Lauderdale Florida 33304
About New Construction Miami
Developers from across the world come to South Florida and Miami because of the increased demand in new construction luxury condo market.This increase in demand has continued over the last few years and there appears to be no end in sight as of yet. According to NAR Miami New Construction is still going strong. Meanwhile, the investment cost in these luxury condos for sale remains very competitive in a market with such high demand.
Miami New Construction Condos and Homes
Miami new construction real estate boom is what might be described as the perfect storm in real estate economics. Broward County and Miami-Dade Counties have seen a huge increase from Russia, Brazil, Venezuela, and Argentina and USA. However, the fear that interest rates increase is driving a frenzy of buyers to the market looking to take advantage of this very unique opportunity in new construction market.
Instability in other countries like South America and Europe are also fueling the demand for luxury and affordable housing. And there is a great supply of both available in New Construction and resales. The average price of the new construction condos in Miami area on the beach varies from $1000 per square foot all the way up to $2000 per square foot. Depending on the area the new construction pricing for regular condo complexes of the island range in the $500 to $1000 per square foot.
New Construction Options
Some of the developments of the new construction condos in the area feature full turnkey ready residences, while others come decorator ready. Decorator ready new construction condos means that everything is finished inside the units, the bathrooms come fully tiles but the buyer would need to finish the flooring in the rest of the condo. Most of the new construction condos in the area come decorator ready.
One of the things to consider when buying the new construction in Miami is the additional cost required to finish the condo. Depending on what kind of finishing you choose will also set the price. Again it is very hard to get a estimate as to the final cost to finish the new construction condo but figure as a reference a 1200 square foot residence may end up costing an additional $30K to $50K to finish.
As example The Mayor of Sunny Isles is expecting the property tax base for his city to nearly double within the next four to five years. This perfect storm in new construction condominiums has created a win-win situation for everyone involved and may never happen again in Florida real estate history.
New Construction Miami Condos for Sale
Those interested in new construction Miami condos for sale have many choices. Residences with flow through floor plans that provide East and West waterfront views, gated communities, and private luxury fitness centers. The interior design of many new construction Miami condos for sale feature most luxurious Mediterranean designs, marble floors, spacious kitchens with high tech appliances, and spacious terraces.
These luxury Homes in the Sky are only a few steps away from the beautiful sandy beaches and a short drive from world famous shopping destinations. Those who have scheduled appointments to view these luxury new condos for sale immediately understand why Miami is one of the best places to live in the nation and possibly the world. However, as there is no guarantee how long interest rates will remain low or how much inventory will be available, those interested in buying a New Construction Miami condo should act quickly and schedule a viewing. See other listings in the area HERE