FIRPTA Explained for Miami Luxury Property Owners
FIRPTA Explained for Miami Luxury Property Owners offers a clear, practical overview of how the United States Foreign Investment in Real Property Tax Act affects high value transactions when a foreign seller exits a Miami condominium or estate. The guide outlines who is treated as a foreign person, how the standard 15 percent withholding works at closing, how ownership structures interact with FIRPTA, and what strategies can improve cash flow while remaining compliant, so international families can plan their next move with confidence.
TCO vs CO in Miami New Developments: Move-In Timing Explained
Buying into a New-construction or Pre-construction tower in Miami means planning around the moment the city clears your building for move in. This article demystifies the Temporary Certificate of Occupancy (TCO) and the final Certificate of Occupancy (CO) in the context of high end condominiums, explains how each approval affects closings, financing, amenities and day to day living, and offers a practical framework for deciding whether to move in at TCO or wait patiently for the final CO.
How to Vet a Miami Luxury Developer: Track Record and Red Flags
Buying a Miami luxury condo in pre-construction is a bet on the developer’s ability to finance, build, and stand behind the promise. From lender strength and contractor caliber to design fidelity and warranty behavior, the right due diligence protects both lifestyle and capital. This guide outlines the non-negotiables: how to evaluate a developer’s track record, identify financing and timeline risks, test construction quality, and spot the red flags that sophisticated buyers should never ignore.
International Buyer Guide to $5M+ Miami New Construction
For global buyers targeting $5M+ new construction in Miami, the real purchase is a blend of residence design, building operations, and contract structure. This guide compares Brickell, Downtown, and Edgewater dynamics, highlights three standout projects, and walks through deposits, remote closings, ownership structuring, and due diligence priorities so international buyers can move with clarity and discretion.
HOA Fees in Miami Luxury Condos: How to Compare True Carrying Cost
Miami and Miami Beach luxury condominiums deliver resort-level services, but the HOA fee behind that lifestyle is now one of the highest recurring costs of ownership. For high-rise buildings in Miami Dade, average monthly assessments have climbed to levels that can rival a mortgage payment, and fees in ultra-boutique or hotel-branded towers can be substantially higher. This MILLION Luxury editorial explains what HOA fees actually fund, why they have risen so sharply, how to compare buildings on a cost-per-square-foot basis, and how to translate those numbers into an accurate view of long-term carrying cost.
Ultra-Luxury Miami Penthouses in New Developments: A Discerning Buyer's Guide
Miami's new generation of ultra-luxury penthouses is reshaping the skyline from Downtown and Brickell to Miami Beach, Coconut Grove and Edgewater. For a global cohort of discerning buyers, these sky estates offer collectible architecture, branded services and rare waterfront or bayfront views. This guide from MILLION Luxury profiles flagship developments such as Waldorf Astoria Miami, St. Regis Residences Brickell, 1428 Brickell, Baccarat Residences Brickell, Aston Martin Residences, Five Park Miami Beach, The Perigon Miami Beach, Rosewood Residences Miami Beach at The Raleigh, Vita at Grove Isle and Villa Miami, and outlines the key criteria that should underpin an informed penthouse acquisition.
