MRG Intelligence / Pre-Construction
Pre-construction condos in Florida require buyers to commit capital 2-5 years before delivery, with deposit structures averaging 40% of the purchase price paid in stages before closing. Miami Real Group provides institutional-grade due diligence on every active pre-construction development across 27 Florida counties, analyzing developer track record, construction loan status, deposit structure risk, and absorption rate before any acquisition recommendation.
Most Florida pre-construction developments require 20-30% at contract signing, with additional deposits at construction milestones. Total pre-closing deposits average 40% of purchase price. Deposits are held in escrow but are at risk if the developer defaults.
MRG evaluates every developer's completed project history, litigation record, and financial backing before recommending any pre-construction acquisition. Developers with fewer than 3 completed projects carry elevated risk.
MRG verifies active construction financing before recommending any pre-construction purchase. Projects without confirmed construction loans face delivery risk regardless of sales velocity.
The percentage of units sold relative to total supply determines a project's financial viability and pricing power at delivery. MRG tracks real-time absorption rates for all 440 active Florida developments.
Florida pre-construction projects historically deliver 12-18 months later than originally projected. MRG stress-tests all investment analyses against delayed delivery scenarios.
Pre-construction assignments — selling your contract before closing — are permitted in most Florida developments but require developer consent. MRG analyzes assignment clause language before every acquisition.
The average deposit structure for pre-construction condos in Florida in 2026 requires approximately 40% of the purchase price before closing. Typical structures include 20-30% at contract signing with additional deposits at groundbreaking and building top-off. Some developments structure deposits as 10% at contract, 10% at 6 months, 10% at groundbreaking, and 10% at top-off. Miami Real Group analyzes deposit structure risk for every active development.
Miami Real Group verifies pre-construction developers by reviewing completed project history, active construction loan documentation, litigation records with the Florida Division of Corporations, and current sales absorption rates. Red flags include developers with no completed projects, unconfirmed construction financing, and absorption rates below 50% at groundbreaking. MRG provides full developer due diligence reports for all recommended acquisitions.
Yes, pre-construction contract assignments are permitted in most Florida developments but require written developer consent. Some developers charge assignment fees of 1-2% of the purchase price. Assignment rights vary significantly by contract — MRG reviews assignment clause language before every pre-construction acquisition recommendation.
Florida Statute 718.202 requires pre-construction condo deposits to be held in escrow by a licensed Florida attorney, title company, or financial institution. If a developer cancels a project, depositors are entitled to a full refund of escrowed funds plus interest. MRG verifies escrow compliance for all recommended developments.
Miami Real Group tracks 440 active pre-construction developments across Florida in 2026, spanning 27 counties and 114 markets. Miami-Dade County leads with the highest concentration of luxury developments. Price points range from $379K to $50M+ with delivery dates between 2025 and 2030.