Esteban Firpo · Miami Real Estate

Why invest in pre-construction?

Lock today’s price, stage payments during build, capture pre-delivery appreciation and finance at closing. New product, modern amenities and lower maintenance in a globally liquid market.

filtered by 2025–2028 deliveries

Model & advantages

Staged payments 20/10/10/60

Reserve, contract, milestones, closing

No mortgage until closing

Finance the balance at closing

Today’s price for future asset

Capture appreciation during build

Financing ~70–75% LTV

Available even for foreigners

Historical performance (10-year lens)

Early buyers in core zones frequently captured double-digit uplift between launch and completion.

Sources: MLS, Case-Shiller, developer reports.

Tax benefits (U.S.)

How policy improves your net ROI

Deductible mortgage interest (rental use)

Lower taxable income

Depreciation + cost segregation

Accelerated deductions

1031 exchange: defer gains

Defer capital gains

Why Miami vs. other markets

Legal certainty, liquidity and leverage

Legal certainty (title insurance)

Global liquidity; strong cash buyer base

Financing access for foreign buyers

Transparent market (MLS data)

Smart leverage

How debt multiplies returns responsibly

01

30-year fixed, predictable payments

02

Refinance: lower rate or cash-out

03

Tax shield: interest + depreciation

Assumptions

Price $500k · 30% down · +10% appreciation

Result

ROI on equity ≈ 33%

Illustrative, not financial advice.

Current trends

STR-friendly projects (Airbnb/30-day) in allowed zones

Short-term rental flexibility in the right buildings

Amenities for rentability: coworking, wellness, fit-out

Modern design supports higher demand and rates

Conclusions & investor fit

Best for 3–10 year horizons seeking appreciation, leverage and USD cashflow. Ideal for foreign buyers and diversified portfolios.

Key takeaways

Staged entry

Finance at closing

Pre-delivery uplift

New product premium

Leverage up to ~75% LTV

Higher ROI on equity

Tax-efficient net returns

Interest + depreciation

Global demand

Exit liquidity

FAQ

Typical payment plan

20/10/10/60 over ~24–36 months.

Foreign financing

Up to ~70–75% LTV at closing.

Rental flexibility

Airbnb/30-day minimum depends on building & zoning.

Completion timeline

Most projects ~2–3 years.

Ready to see numbers and available units?