Residential Real Estate in Miami & South Florida

Foreign buyers can generally purchase property in Miami, though eligibility and reporting requirements depend on the buyer's individual circumstances; a purchase may be made entirely in cash or through financing programs available to non-residents. The process covers property search, making an offer, inspection, title search, and closing, with entity structuring and tax considerations coordinated with qualified professionals.

Each has a distinct built form. Coral Gables is 1920s Mediterranean Revival on large canopied lots, Coconut Grove mixes historic cottages with bayfront condominiums, Key Biscayne is an island with strict height limits, and Aventura is mid- and high-rise towers around a regional mall. Comparing housing stock, access, and budget across a shortlist clarifies which area fits best.

Buyers in Miami commonly budget a few percentage points of the purchase price for closing costs. The main components are title insurance, recording fees, documentary stamps, and, when financing is involved, lender fees; a detailed breakdown early in the process helps avoid surprises at closing.

Short-term rental rules differ significantly by building and municipality. Some buildings enforce minimum lease periods while others operate under more flexible policies, so confirming both the condo association documents and local ordinances before an investment purchase is essential.