Pre-construction Miami?

[Gonzalo Baraybar]

Any thoughts on buying pre-construction condos in the Miami/Brickell area? Its apparent that this area is having tremendous growth right now and there have already been several more approved projects to boost up the property values in the coming years. I've dealt with several clients and have come across some mixed feelings although most have been positive. Has anybody already invested into this or has anyone been considering? I am very interested in hearing everyone's thoughts about the pros/cons about investing into pre-construction in Miami. 

"Knowledge is power"

- Gonzalo Baraybar - Miami Dream Properties Inc.

[Dan D.]

Thanks for the feedback.  I guess at those prices, I'm not real interested.  (Haha).  That's a tremendous amount of money.  It's interesting to see how outside money can impact a area.