Best New Developments in Miami for 2026 Buyers: Amenities, Pricing & Investor Incentives

Miami's 2026 new developments offer buyers unprecedented luxury amenities, flexible pre-construction pricing starting in the mid-$400Ks, and developer incentives including deposit structures as low as 20% — making now the optimal time to secure units in high-growth neighborhoods like Edgewater, Brickell, and Miami Beach before inventory tightens.

What You'll Learn in This Guide

• The top new construction projects launching in Miami for 2025–2026 and their expected completion dates

• Which Miami neighborhoods are experiencing the fastest residential growth and highest ROI potential

• Current pre-construction pricing ranges and available developer incentives for early buyers

• Luxury amenities now standard in Miami's newest condo towers (and which buildings offer the best value)

• Step-by-step guidance on how to register early and secure priority access to new Miami developments

Miami New Development Market Snapshot:

Miami’s residential pipeline remains exceptionally robust. According to Miami-Dade County’s 2024 economic records, the region authorized billions in new residential construction permits to support a pipeline of over 22,000 planned units. This expansion is driven by record-breaking capital investment, with the Miami Downtown Development Authority (DDA) reporting that total property values in the urban core continue to outpace the broader county average.

The market’s global appeal is a primary factor in this growth. Official demographic and market studies confirm that international buyers account for a significant portion of new construction purchases—often reaching 40% to 50% in luxury corridors. As a result, the average price per square foot for new inventory now typically ranges between $1,150 and $1,800, depending on the neighborhood’s proximity to waterfront and cultural hubs.

What Are the Leading New Real Estate Developments in Miami Currently Available for Buyers?

New developments in Miami fall into three distinct purchase phases. Pre-construction properties allow buyers to secure units before ground breaks, typically with reduced deposit schedules and first-choice floor plans. Under-construction developments provide more certainty about completion timelines while still offering below-market pricing. Newly completed projects deliver immediate occupancy but command premium pricing.

Pre-construction buyers in new construction Miami accept longer waits in exchange for maximum appreciation potential. Related Group's latest Brickell tower offers units at $1,100 per square foot now but comparable resale units in their completed buildings trade at $1,450. That $350 spread represents substantial wealth creation for buyers willing to wait 24 months.

OKO Group's Una Residences in Brickell represents the current standard. The 47-story tower includes a private marina, automotive concierge with in-unit car elevators, and a wellness center designed in partnership with a hospitality group. These features define the minimum threshold for attracting serious buyers in Miami's competitive market.

Developers of new real estate projects in Miami release units in phases, with initial pricing below the eventual sellout average. Fortune International's Jade Signature demonstrated this pattern — early buyers paid $1,500 per square foot while final penthouse purchasers topped $2,100.

New construction in Miami inventory concentrates in neighborhoods experiencing infrastructure investment. Brightline rail expansion into Aventura preceded a surge in upcoming developments in Miami that buyers can now access via high-speed rail from downtown in 18 minutes.

Ready to explore available new construction listings? Browse active new developments in Miami →

Where Can Buyers Find Pre-Construction Homes and Condos in Miami?

Developers maintain priority registration lists that determine access to VIP pricing and first-release floor plans. Your position on that list often matters more than your financial qualification, because the most desirable units sell before public marketing begins.

Registered real estate agents with direct developer relationships provide the most reliable access channel. These agents receive advance notice of project launches, allocation of specific units before public release, and insight into which buildings will actually deliver. Connected agents secure multiple unit options for their clients while unconnected buyers join waitlists or settle for less desirable exposures.

Early registrants in Terra's latest Edgewater project saved an average of $73,000 compared to buyers who purchased the same unit types four months later through standard MLS channels.

Miami new construction homes attract different buyer profiles than new condo developments in Miami that investors typically target. Single-family new building projects in Miami concentrate in suburban areas like Pinecrest, Coral Gables, and Coconut Grove, where lot availability permits ground-up development.

How to Register Early for New Construction Condos

You submit contact information and financial qualification documentation, which places you on a master list tracked by the developer's sales team. When the project approaches launch, the developer invites registered buyers to private presentations where floor plans, pricing, and deposit structures get revealed before public announcement.

Buyers who register through agents with proven purchase histories receive preferential treatment. An agent who previously closed five transactions with Related Group will secure better unit access for their clients than buyers registering independently.

Reservation deposits, typically $5,000 to $25,000, hold a specific unit while you finalize financing. These deposits are usually refundable. Purchase deposits, ranging from 20% to 50% of the purchase price, formalize the binding purchase agreement and follow structured payment schedules tied to construction milestones.

When Waldorf Astoria Residences Miami announced sales in 2023, registered buyers received 72-hour exclusive access to floor plans and pricing. Unregistered buyers found most premium units already under contract.

Which Miami Neighborhoods Have the Most New Housing Projects on the Market?

Edgewater leads Miami's development surge with more active construction sites than any other neighborhood. Edgewater offers direct bay access, proximity to the Design District and Wynwood, and underutilized mid-rise zoning. Buyers targeting Miami's new residential developments find more options here than anywhere else, with prices ranging from $950 to $1,200 per square foot.

Brickell maintains its position as Miami's financial center, and upcoming developments in Miami that developers launch here reflect that professional demographic. The neighborhood's towers cater to finance professionals, attorneys, and international executives who prioritize proximity to corporate offices. SLS Lux and Echo Brickell represent the recent standard, but newer new real estate projects in Miami like Waldorf Astoria Residences push amenity expectations even higher.

International buyers drive significant Brickell demand, particularly from Latin America and Europe. These buyers view Miami real estate as political and economic insurance. The Ritz-Carlton and St. Regis flagged residences in Brickell command premiums because international buyers trust those brands.

Miami Beach development activity concentrates in Mid-Beach, where several underutilized sites permit new construction without the historic preservation constraints affecting South Beach. Cipriani Residences and Arte by Antonio Citterio established Mid-Beach as viable territory for ultra-luxury new condo developments in Miami. Pricing reflects oceanfront scarcity — $1,500 to $2,500 per square foot represents the entry point, with penthouses exceeding $5,000.

Wynwood represents Miami's emerging development frontier. New building projects in Miami that developers launch in Wynwood typically feature smaller unit sizes, rooftop amenities prioritizing social spaces, and ground-floor retail. Pricing remains below citywide averages, creating opportunity for buyers willing to accept neighborhood evolution.

Downtown Miami development serves first-time buyers and urban professionals who prioritize commute convenience. The neighborhood lacks waterfront sites but compensates through proximity to transit and comparatively affordable pricing.

Coconut Grove's established character limits development density, but available projects attract families and professionals seeking village atmosphere within an urban context.

Explore Miami neighborhoods with the highest growth potential: View Neighborhood Guides →

Are There New Luxury Condo Towers in Miami Worth Investing In?

Successful luxury towers share specific characteristics: established developer track records, proximity to employment hubs, and high owner-occupancy rates. According to research from the Federal Reserve Bank, properties with higher owner-occupancy generally experience better long-term performance and lower default risks compared to those dominated by short-term investors.

• Una Residences, Brickell: Developed by OKO Group, this 135-unit tower is a hallmark of "investment-grade" construction. Official Miami-Dade County property records and planning documents highlight its unique yacht-inspired architecture and its location in the southern, more residential end of the Brickell Financial District. With completion projected for 2026, its automotive concierge and private marina amenities provide the "product differentiation" necessary to maintain pricing power.

• Bentley Residences, Sunny Isles Beach: This 216-unit project by Dezer Development is notable for its patented "Dezervator" car elevator system. Sunny Isles Beach building permits confirm its status as a high-density, luxury-branded development designed to attract ultra-high-net-worth individuals who prioritize privacy and direct beach access.

• Baccarat Residences, Brickell: This 75-story glass tower, a collaboration between Related Group and SH Hotels & Resorts, demonstrates how luxury branding shifts market value. City of Miami zoning data identifies the project at the mouth of the Miami River, an area designated for high-density, mixed-use growth that benefits from the riverfront promenade expansion.

• The Ritz-Carlton Residences, Miami Beach: Located in Mid-Beach, this 111-unit building and its accompanying villas bring hospitality-grade management to a purely residential setting. Unlike hotel-condo hybrids, these residences do not have mandatory rental programs, a factor that Miami DDA market reports suggest leads to higher property value stability and lower turnover.

• Aston Martin Residences, Downtown Miami: Now nearing completion at the confluence of the Miami River and Biscayne Bay, this 391-unit tower targets the intersection of luxury automotive design and real estate. Official marina and planning records detail its deep-water yacht berths, which serve as a critical differentiator in the Downtown corridor.

Which Developers Are Leading New Builds in Miami?

Related Group built more Miami condos than any other developer over the past three decades, with projects including Icon Brickell, Brickell Heights, and Paraiso. This track record provides confidence in their ability to navigate permitting, manage construction timelines, and deliver buildings that maintain value.

Terra partners with internationally recognized architects to create buildings that function as architectural statements. Their collaboration with Bjarke Ingels Group on The Seventeen produced a twisting tower design that maximizes water views. Terra's track record includes Grove at Grand Bay, among Miami's most architecturally significant residential developments.

OKO Group specializes in ultra-luxury developments that emphasize automotive amenities and sky garages. Their focus on car enthusiasts creates strong differentiation in a market where most luxury towers treat parking as afterthought.

Fortune International Group built its reputation on branded residences and beachfront locations. Their Jade series in Sunny Isles Beach and recent Ritz-Carlton Residences partnership demonstrate consistent focus on hospitality-branded projects.

PMG pushes boundaries through partnerships with lifestyle brands. E11EVEN Hotel & Residences combines ultra-luxury residential with the E11EVEN nightlife brand, creating Miami's first integration of nightlife culture into luxury real estate.

What Incentives Are Available for Buyers in Miami's Latest Housing Developments?

Developer incentives reflect market conditions and project-specific sales velocity. Strong-selling developments offer minimal incentives because demand exceeds supply. Projects facing slower absorption rates deploy incentives to accelerate sales pace.

Traditional luxury condo deposits required 50% down over the construction period. Today's standard for new developments in Miami has shifted to 20-30%, with payments structured around construction milestones. This change dramatically reduces capital requirements for buyers pursuing multiple properties in new construction in Miami.

Common Pre-Construction Incentives in Miami:

✓ Reduced deposit schedules (20–30% vs. traditional 50%)
✓ Closing cost contributions (developer pays 1–2% of purchase price)
✓ Complimentary upgrade packages (flooring, appliances, smart home tech)
✓ Preferred financing through developer-affiliated lenders
✓ Waived HOA fees for first 6–12 months
✓ Price locks protecting against increases during construction

A developer contributing 1-2% of the purchase price on a $1.5 million unit delivers $15,000 to $30,000 in real savings. These contributions typically cover title insurance, transfer taxes, and attorney fees.

Complimentary upgrade packages offering premium flooring, upgraded appliances, and smart home integration might represent $40,000 to $75,000 in retail value. Smart buyers compare base finishes across competing buildings to understand whether the "free" upgrades truly add value.

The typical Miami luxury condo carries $800 to $1,500 in monthly HOA fees, so a 12-month waiver delivers $9,600 to $18,000 in value.

Price lock provisions protect buyers against increases during construction but rarely include protections against market declines. In a declining market, buyers remain obligated to their original purchase price while comparable units sell for less.

Want to know which developments are currently offering buyer incentives? Schedule a consultation →

What Amenities Are Offered in New Miami Projects?

Features considered ultra-luxury five years ago now define the baseline for successful new condo developments in Miami. Rooftop pools transitioned from differentiator to requirement. Fitness centers expanded from single rooms with basic equipment to multi-level wellness complexes. Co-working spaces evolved from business centers with a printer to full WeWork-style operations.

A standard fitness center might occupy 1,500 square feet. Premium facilities span 5,000+ square feet with dedicated zones. Ultra-luxury developments like Una Residences allocate 15,000+ square feet to wellness.

Co-working amenities address the remote work reality. Standard business centers provide basic infrastructure. Premium co-working spaces include soundproof phone booths, multiple conference rooms with video capability, and dedicated staff.

Ultra-luxury developments like Porsche Design Tower and Una Residences feature sky garages — private elevators that lift vehicles directly into residential units.

Standard concierge means lobby attendant who accepts packages. Premium concierge provides 24/7 staffing with capability to handle reservations and travel arrangements. White-glove service includes house cars for local transportation and proactive service.

Are Waterfront Properties Being Developed?

Bayfront and oceanfront developments carry pricing premiums ranging from 20% to 40% over identical units in non-waterfront buildings. This premium reflects genuine scarcity — Miami's waterfront sites are finite.

Bayfront developments along Biscayne Bay offer water views and marina access. Edgewater's concentration of bayfront towers — Missoni Baia, Elysee, Biscayne Beach — demonstrates developer confidence in this segment's sustained demand. Bay views command $1,200 to $1,800 per square foot compared to $950 to $1,200 for identical units with city views.

Oceanfront developments on Miami Beach deliver direct beach access and Atlantic views but face limited new construction opportunities. Mid-Beach emerged as the primary zone where new oceanfront projects remain viable. Oceanfront pricing starts around $1,500 per square foot and extends beyond $2,500 for premium exposures.

The Intracoastal Waterway in Sunny Isles Beach provides another waterfront development corridor. This location offers both ocean and bay access through the waterway.

What's the Average Price in New Developments?

Entry-level studios and one-bedrooms in new construction in Miami properties currently trade between $450,000 and $750,000 depending on neighborhood and building quality. These units typically range from 550 to 850 square feet.

Mid-range two-bedroom, two-bathroom units span $750,000 to $1.5 million. This segment captures the largest buyer pool. Square footage typically ranges from 1,100 to 1,500 square feet.

Luxury three-bedroom-plus units command $1.5 million to $4 million depending on location, views, and building amenities. Square footage extends from 1,800 to 2,800 square feet.

Ultra-luxury penthouses and sub-penthouses occupy their own category, with pricing from $4 million to $50 million-plus. Automotive elevators, private pools, outdoor kitchens, and floor plans spanning 3,000 to 10,000+ square feet create true differentiation.

Waterfront and branded residences command premiums of 20-40% over non-waterfront comparables. A two-bedroom unit in a mid-tier Brickell building might trade at $900,000, while an identical unit in a bayfront building with marina access reaches $1,150,000.

Entry-level buildings in emerging neighborhoods like Wynwood trade around $850 to $1,100 per square foot. Established urban locations like Brickell and Edgewater range from $1,100 to $1,600. Miami Beach oceanfront properties command $1,500 to $2,500 per square foot.

See what's currently available in your price range: Search New Listings →

When Will These Developments Be Completed?

Construction timelines for Miami new construction homes and condos typically span 24 to 36 months from groundbreaking to the issuance of a Certificate of Occupancy (CO). According to Miami-Dade County’s planning phases, high-rise projects generally move through three distinct stages: soil improvement, foundation work, and superstructure construction. Based on current averages, projects breaking ground in Q1 2026 are projected to deliver units in late 2027 or early 2028, while buildings that began vertical construction in 2024 are targeting completion between late 2025 and early 2026.

Established developers with deep local experience often navigate the permitting and departmental review process within 12 to 18 months. In contrast, newer projects or those requiring complex zoning variances may spend three to four years in pre-construction. Official city data identifies several factors that can influence these windows, including:

• Permitting Bottlenecks: New construction plan reviews typically require three to six months for initial approval.

• Inspections: Large-scale projects require sequential sign-offs from structural, mechanical, electrical, and plumbing (MEP) departments.

• External Disruptions: Factors such as material procurement issues and hurricane season scheduling can create logistical shifts.

For buyers, the level of "occupancy certainty" increases as a project hits structural milestones. A tower with a completed shell and installed facade faces significantly fewer variables than a site in the excavation phase. As outlined in the City of Miami’s Inspection Guidelines, the final handover requires a rigorous series of inspections to secure the CO. This timeline is particularly critical for investors, as the ability to generate rental income or finalize financing depends entirely on the building reaching this official "completion" status.

What Neighborhoods Are Seeing the Most Growth?

Edgewater currently leads Miami’s growth metrics, serving as a primary driver of the urban core’s 68% population surge reported by the Miami Downtown Development Authority (DDA). Between 2015 and 2024, population increased 47%, making it the county’s fastest-growing neighborhood. This expansion is fueled by more than 8,000 new residential units and significant price appreciation, which averaged 73%—substantially outpacing the countywide average of 52%. These gains are rooted in Edgewater’s bayfront access and its role as a central corridor between the Design District and Downtown.

Wynwood represents Miami’s most dramatic transformation, evolving from an industrial warehouse district into a premier arts and residential destination. According to the Wynwood Business Improvement District (BID), the neighborhood's residential population increased by 124% between 2015 and 2024, the fastest rate in the city. Development has already added approximately 3,500 units, with another 2,000 in the pipeline, while price appreciation reached a remarkable 89% during this period.

The Arts & Entertainment (A&E) District anchors another high-growth zone, benefiting from its density and proximity to cultural institutions like the Adrienne Arsht Center. City of Miami neighborhood records detail how the area’s connectivity has spurred the addition of 5,000 residential units since 2015, resulting in a 64% increase in property values.

Across all these districts, infrastructure investment remains the most reliable driver of value. The expansion of the Brightline rail into Aventura and Orlando has created immediate demand; research published by the City of Boca Raton indicates that property values near these transit hubs have surged by as much as 83%, significantly outperforming properties further from the stations.

Considering renting before you buy? Explore Miami rental properties →

Timing Matters More Than Most Buyers Realize

Miami's new development market in 2026 presents conditions that favor decisive buyers willing to commit before new developments in Miami sell out or pricing adjusts upward. The combination of established developer track records, diverse neighborhood options, and pre-construction incentives creates opportunity that closes once buildings reach 70-80% sold.

The buyers who capture the greatest value in new construction in Miami recognize that waiting for perfect clarity means accepting higher prices or reduced inventory selection. Pre-construction purchases require comfort with uncertainty around completion dates, but they reward that acceptance through below-market entry pricing.

Working with an agent who maintains direct developer relationships provides decisive advantage in accessing priority registration, securing preferred floor plans, and navigating the pre-construction purchase process.

Miami's trajectory — sustained population growth, continued international buyer interest, limited waterfront inventory, and ongoing infrastructure investment — supports confidence in new development purchases as sound long-term positions.

Your next step depends on your specific timeline and objectives. Buyers targeting 2026-2027 occupancy should focus on new building projects in Miami currently under construction. Investors with longer horizons should examine upcoming developments in Miami just launching sales. Either path requires beginning the registration and evaluation process now.

The best units in Miami's newest developments go fast. Get priority access to upcoming projects and expert guidance through the buying process: Contact Joelle Today →

Frequently Asked Questions

What are the top new developments in Miami?

The top new developments in Miami for 2025–2026 include projects in Edgewater, Brickell, Downtown Miami, and Miami Beach from developers like Related Group, OKO Group, and Terra.

Where are the newest condos being built in Miami?

The newest condos are concentrated in Edgewater, Brickell, Wynwood, Downtown Miami, and along the Miami Beach waterfront.

Are there pre-construction deals available in Miami?

Yes, many Miami developers offer pre-construction incentives including reduced deposits (20–30%), closing cost credits, and complimentary upgrade packages.

What amenities are offered in new Miami projects?

New Miami projects typically include resort-style pools, state-of-the-art fitness centers, coworking spaces, 24/7 concierge services, and smart home technology.

What's the average price in new Miami developments?

Average prices range from $450,000 for entry-level units to $1.5M+ for luxury condos, with price per square foot between $950 and $2,500 depending on location.

Are waterfront properties being developed in Miami?

Yes, multiple bayfront and oceanfront developments are underway in Edgewater, Brickell, and Miami Beach with premium pricing.

When will Miami's new developments be completed?

Most projects currently in pre-construction are scheduled for completion between late 2025 and 2027, depending on the construction stage.

Can I register early for new construction condos?

Yes, buyers can register on priority lists through developers or experienced buyer's agents to receive early access and first-pick pricing.

Which developers are leading new builds in Miami?

Related Group, Terra, OKO Group, Fortune International, and PMG are among the most active developers in Miami's new construction market.

What neighborhoods are seeing the most growth in Miami?

Edgewater, Wynwood, and the Arts & Entertainment District are experiencing the fastest residential growth and appreciation rates.

How much deposit do I need for a pre-construction condo in Miami?

Current deposit structures range from 20-30% of the purchase price, payable over the construction period tied to specific milestones.

Do new Miami developments offer financing options?

Many developers partner with preferred lenders offering streamlined approvals and potentially reduced origination fees, though buyers should compare terms independently.

What happens if a development doesn't complete on time?

Purchase agreements typically include force majeure clauses protecting developers from penalties for reasonable delays, though extended delays may provide buyer exit rights.

Can I customize my unit in a new development?

Customization options depend on construction progress — early buyers often select finishes and minor layout changes, while late buyers receive as-designed units.

Are new Miami condos a good investment?

Investment viability depends on neighborhood fundamentals, developer track record, and owner-occupancy ratios — buildings with 70%+ owner occupancy typically outperform Investor-heavy properties.