Catherine Rodstein Blog   Real Estate Blog

Amongst the vast selection of New Developments stretching from Miami to Palm Beach are the hot projects and best buys every month. Factors influencing this demand is first and foremost location, followed by pricing, amenities, and design. As mainland Miami is in the midst of positive transformation, its future expectation ups the appeal. Exclusive oceanfront and bay front are always in high demand. On the heels of a strong seller's market the last few years, the market just recently became a buyers market, especially during the slower summer months. Prime time to pick up a good buy on a hot new development pre-construction or resale condo or home.

The current condo boom, however, has been inaccessible to many buyers due to the average 50% deposit required prior to Closing. Its been an investor playground for the worlds wealthy cash buyers. But, we are beginning to see some of the hot new developments like Edgewater's popular Baltus House (top picture) in the upscale Design District neighborhood that just reduced the deposit due prior to Closing to 20% on their last remaining units. This opens doors to more Buyers who wish to capitalize on a new development in a hot location. But hurry, they'll go fast. There are also some fabulous New Developments just launching at opening prices in amazing locations like Hyde Midtown, Residences by Armani Casa, the Surf Club, Aria on the Bay, Paraiso Bayviews (pictured above), and Canvas.

Contact me for the best units currently for sale in the hottest New Developments at opening prices or remaining units pricing.

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Updated: Thursday, July 25, 2024

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