Urban Network Capital Group

Buyers typically register interest first, which can give early access to availability and pricing. After choosing a unit, you sign a purchase contract and pay deposits according to the project's schedule. As construction finishes, you move to closing, when the balance is due and ownership transfers.

In Florida, new condominium purchases carry a 15-day rescission period under FS 718.503. This applies to condos only. Have a real estate attorney review the contract and the developer's disclosure documents within that window.

Pre-construction purchases usually let a buyer secure a unit with a series of staged deposits rather than paying the full price upfront, so the commitment is spread over the build period. That structure carries risk as well as flexibility: values, rents and financing conditions can change before completion, and nothing here predicts appreciation or returns.

With this builder's condos in Miami and Orlando, evaluate each market separately. Look at how many comparable units are being delivered nearby, how quickly similar buildings have sold, local rental demand, and the cost of ownership such as HOA fees and taxes. Also review the deposit schedule, the contract terms and the builder's stated timeline before committing.

Expect to pay a deposit in stages, often with a meaningful portion due at signing and more at set milestones. Exact amounts vary by project, so check each listing's deposit schedule. Lenders will also look at your finances closer to completion, not only at signing, so plan for how your position may look then.

Incentive programs for first-time buyers vary and may not apply to every condo or price point, so confirm eligibility with a lender or advisor. Registering early on a project can matter because it may give you earlier access to floor plans and pricing before wider release.