Gwen Cherry Residences

Gwen Cherry Residences is being developed by Redwood Development Co. and Magasi in partnership with Miami-Dade County. This public-private collaboration brings together private homebuilders and a county partner on a Miami project. Further details about the team's portfolio and track record will be added as they become available.

Buying a pre-construction condominium typically begins with registering your interest to receive early information on floorplans, pricing, and sales timing. Registering early can matter because the first release of units in a new building is often where buyers find the widest selection.

Deposits on new condos are generally paid in stages over time rather than all at once, with the schedule set by the developer. Buyers should also understand the difference between interim occupancy — when you may take possession before the building is fully registered — and final closing, when title transfers.

In Florida, buyers of a new condominium have a 15-day rescission period under FS 718.503, during which a purchaser may cancel the contract after receiving the required condominium documents. Specific deposit terms and dates for Gwen Cherry Residences will be confirmed by the developer.