Miami’s Billionaire Turn: What Buyers Must Know
Posted by Alex & Joe on
For two decades, Miami’s high-rise market followed a predictable script: foreign buyers flew in, wired deposits, picked up shiny pre-construction units, and left them waiting for weekend use. Post-pandemic, the script flipped. Today the people writing the biggest checks aren’t speculators from abroad. Instead they’re domestic ultra-wealthy buyers: founders, fund managers, and family offices relocating for tax strategy, weather, and network effects. One top colleague summed it up best: billionaires are replacing millionaires. That single shift is reshaping which buildings command premiums, how deals close, and what gets built next.
This is my field guide to Miami’s Billionaire Turn and the moves you need to stay relevant for the next 24 months.
The…
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