Constellation Group

Most buyers start by registering interest in a project, then review pricing and availability, select a unit and sign a purchase contract. Deposits are usually paid in stages over the construction period. Closing happens when the unit is complete and ready for transfer.

For new condos in Florida, buyers have a 15-day rescission period under FS 718.503, which lets them cancel within that window under the statute's terms. This applies to condos only, so it does not cover the single-family project. Have a real estate attorney review the contract and disclosures.

Pre-construction purchases let a buyer secure a unit with staged deposits well before completion, so capital is committed gradually rather than all at once. That structure also means you carry market risk between contract and closing, and no outcome is guaranteed.

When evaluating a Constellation Group project, look at the home type (three of four are condos), local rental demand, how many comparable units are coming to market in that city, and any rental or occupancy rules in the building documents. Markets like Miami Beach, Coral Gables and Marathon differ considerably, so review each on its own. Read the contract and developer disclosures carefully and get professional advice.

Pre-construction purchases typically require a larger upfront commitment than a resale, because deposits are paid in stages between signing and closing. Ask each project's sales team for the exact deposit schedule and closing costs, and confirm your financing plans early. Specific first-time buyer assistance varies, so check eligibility for any Florida programs with a lender instead of assuming it applies to new construction.

Registering early on a project can give you earlier access to pricing, floor plans and unit selection, which tends to matter most when a project has limited inventory.