Multiplan Real Estate Asset Management

Most buyers register their interest first, then receive pricing and unit availability. After choosing a unit, you sign a purchase contract and pay the deposit in stages as set out in it. Closing happens when the building is complete and the unit is ready for transfer.

In Florida, buyers of new condominiums have a 15-day rescission period under FS 718.503. This applies to condos only. Have an attorney review the contract and condo documents within that window.

Buying pre-construction usually means paying a deposit in stages over the build period instead of the full price at once. This lets a buyer reserve a unit now and close later. The price at closing may be higher or lower than expected, and nothing is guaranteed.

With Multiplan's three condo projects, compare each location's rental demand, the number of similar units coming to market, and how quickly nearby buildings sell. Review the deposit schedule, HOA and carrying costs, rental rules in the condo documents, and the expected completion date. Speak with a licensed Florida professional before you commit.

Pre-construction condos generally require a larger deposit than a resale purchase, spread over several payments. Confirm the exact schedule for each project before you reserve a unit. Mortgage approval is typically needed at closing, which can be well after you sign, so it is worth speaking with a lender early.

Incentive programs for first-time buyers vary and may not apply to every condo or price point. Ask the sales team and a lender what you qualify for. Registering early can give you access to floor plans and pricing before wider release, when more units are usually available.