New Construction Condo Prices in MIAMI

David Siddons

1 month ago

How do the New Construction Condo Prices Stack up?

Analyzing Miami New Construction Condo Prices in Miami

This blog offers an in-depth comparison of Miami condo prices to assist you in navigating the thriving market. We will examine the average condo prices across Miami and break down new construction prices by neighborhood. This analysis will help you understand how much your budget can cover in each area and how your selected condo measures up against others.

Join us as we explore the variations in new construction condo prices in Miami and discover where you can find your ideal home or the next great investment opportunity.

Condo Project	Price per SF
Casa Bella, Downtown	$1,100
9900 West, Bay Harbor Islands	$1,150
Icon Beach Hollywood	$1,150
One Park Tower by Turnberry, North Miami	$1,150
Solina Bay Harbor Islands	$1,150
Aria Reserve, Edgewater	$1,175
2200 Brickell	$1,200
Solana Bay, North Miami	$1,200
Villa 17 Townhomes Miami Beach	$1,200
Origin Residences by Artefacto, Bay Harbor Islands	$1,250
The Standard Residences, Midtown	$1,250
La Baia North, Bay Harbor Islands	$1,250
Shoma Bay North Bay Village	$1,250
Salato Pompano Beach	$1,315
Viceroy Residences Brickell	$1,350
Casamar Pompano Beach	$1,350
Ritz Carlton Residences Pompano Beach	$1,400
Elle Residences Miami	$1,400
Edition Residences Miami	$1,475
The Well Bay Harbor Islands	$1,475
Waldorf Astoria Residences Pompano Beach	$1,500
La Mare Regency, Bay Harbor Islands	$1,500
La Mare Signature, Bay Harbor Islands	$1,500
Bay Harbor Towers, Bay Harbor Islands	$1,525
Twenty-Nine Indian Creek, Miami Beach	$1,550
OPUS Coconut Grove	$1,550
719 Biltmore Way, Coral Gables	$1,600
Continuum Club and Residences, North Bay Village	$1,600
Cipriani Residences Brickell	$1,600
VILLA Miami	$1,650
Baccarat Residences Brickell	$1,650
Mercedes Benz Places, Brickell	$1,650
Pagani Residences North Bay Village	$1,650
72 Park Miami Beach	$1,700
1414 West, Miami Beach	$1,775
Indian Creek Residences & Yacht Club, Bay Harbor Islands	$1,825
1428 Brickell Residences	$1,850
ORA By Casa Tua, Brickell	$1,850
Five Park Miami Beach	$1,900
La Mare Bay Collection, Bay Harbor Islands	$1,900
St Regis Residences Brickell	$2,000
The Residences at Shell Bay Hallandale Beach	$2,150
888 Brickell by Dolce & Gabbana	$2,200
Una Residences, Brickell	$2,200
VITA GROVE ISLE	$2,250
Bentley Residences Sunny Isles	$2,350
Waldorf Astoria Residences Downtown Miami (Block 8 and 9)	$2,450
St Regis Residences Sunny Isles	$2,500
The Residences at Mandarin Oriental Miami	$2,500
Ritz Carlton Residences South Beach	$2,750
The Perigon Miami Beach	$3,250
Ocean House Surfside	$3,300
Rivage Bal Harbour	$3,600
Six Fisher Island	$4,000
The Four Seasons Private Residences Coconut Grove	$4,000
The Shore Club Private Residences Miami Beach	$5,500

Why Average Condo Prices in Miami Matter to You

Understanding the average price per square foot (SF) for Miami condos is crucial for several reasons, particularly when evaluating different properties:

Fair Market Value: The price per SF helps you determine if a condo is priced appropriately compared to similar units in the area. It serves as a vital indicator of market value, ensuring you don’t overpay.
Property Comparison: By comparing the price per SF of various Miami condos, you can better assess their relative value, regardless of size. A condo with a lower price per SF might offer more value than one with a higher overall price but less space.
Location Impact: Price per SF can vary significantly by location. Comparing condos across neighborhoods like Brickell, South Beach, or Coconut Grove helps you identify areas where your money goes further.
Quality and Amenities: New construction condos or luxury developments typically command a higher price per SF due to premium finishes, superior amenities, and views. Analyzing these prices allows you to weigh the advantages of these extras against their costs.
Investment Potential: Investors use price per SF to evaluate growth potential. Condos priced below the market average may have room for appreciation, while those significantly above may suggest overvaluation.

In summary, understanding and comparing price per SF enables you to make more informed decisions, whether you’re buying, selling, or investing in Miami condos. It offers a clearer view of the market and helps ensure you maximize your investment.

FULL LIST OF NEW CONSTRUCTION CONDOS IN MIAMI

Why Choose Me to Help You Purchase Your Pre-Construction Condo Unit in Miami

With over 15 years of experience in researching, reporting, and assisting hundreds of buyers with new construction and resale condos, I’m here to help, partner with, and guide you to the best units without any bias. As a recognized ‘super-broker’ within the real estate community, I have a deep understanding of the processes, strategies, and legal aspects involved in new construction.

Additionally, I possess insider knowledge about how developments operate, advertise, market, and sell—both the advantages and the drawbacks. My extensive experience and connections enable me to facilitate direct communication with developers on your behalf. I focus on advising, protecting, and securing luxury pre-construction condo deals at the best prices and terms for my clients.

Schedule a Meeting with David (Via Zoom, Call or in Person)

Do you want to discuss New Construction Condo Prices in Miami? Call me at 305.508.0899 or schedule a meeting below.