Pre-construction projects in Brickell, Downtown and Edgewater

For each project the table gives the entity its official site names as developer and the completion date it publishes. Only Cipriani publishes one: summer 2027. For the others the date is not published; Aria Reserve still shows the headline “Coming to Miami 2025” next to “Under Construction”, and we do not use it as a date. There are no prices or payment schedules because no official site that can be read publishes them. Everything was checked on 7 October 2026, on the page each row links to.

What the law does fix is where the money sits: up to 10% of the price in escrow and, above that, in a special account (section 718.202). The payment schedule is written by the developer and appears only in the contract and the documents it gives you. The deposits guide splits an invented $600,000 price using the law's rule, with no real project. Before you reserve, ask the developer for the current schedule in writing; Carolina helps you read it.

Section 718.503(1) requires the contract to state, in capitals, that the buyer can void it with written notice within 15 days of signing and receiving all the documents the law requires. The period starts again if you receive an amendment that works against you. Use those 15 days to read the documents, not the handover to find out what you signed. More in the pre-construction guide.

Section 718.202 requires payments up to 10% of the price to go into an escrow account, and the escrow agent must give you a receipt for the deposit if you ask. The legal notices of 1428 Brickell and Mercedes-Benz Places Miami say, in the same words, that no agreement or deposit made with a real estate broker binds the developer. So the deposit goes to the account the contract names, not to a person, and you ask for a receipt.

The projects' own legal notices say so. Edition Residences Edgewater is developed by TRD Biscayne LLC, which uses the EDITION marks under a licence from Marriott. At Aria Reserve the project is offered and sold by the developer, not by Melo Group. At E11EVEN Residences Beyond the developer is 11th Street Ventures II, LLC, with a limited right to use PMG's name. At Mercedes-Benz Places Miami, 191 SW 12 Owner LLC is responsible for development and sales. That is why the table names the entity each site shows, not the brand. Confirm who the seller is in your contract.

The 1428 Brickell FAQ gives as its rental policy a maximum of twice a year with a minimum of six months each, and says short-term rentals are not allowed. For the other projects we give no rental rule because we have not read it in a developer document: a rule without a source is a guess. The rule that counts is in the condominium documents the developer gives you. For buildings already built, the 30-day rentals page has each building's rule with its source.

The other sites say “under construction” or nothing about delivery. Aria Reserve still shows “Coming to Miami 2025” next to “Under Construction”: it is an out-of-date headline and we do not cite it as a date. What happens in a delay depends on what you sign: deadlines, extensions and your right to leave are in the purchase contract and the prospectus, not on the sales website. This page promises no dates or returns. If a date matters to you, ask for the delivery clause in writing and read it within your 15 days.

The notice required by section 718.504 says oral representations cannot be relied upon as the developer's and refers you to the prospectus (the legal offering document). Section 718.506 adds that anyone who pays in reasonable reliance on false or misleading information from the developer can seek to rescind the contract or collect damages before closing. That is why this page only cites official sites with the date they were read, and why it pays to read the condominium documents first.

Carolina Suárez Rivas is a Florida-licensed real estate agent (SL3336060, Vreeland Real Estate) and works in Spanish and English. She is not the developer and does not set prices. Before you sign anything, ask her in writing how she is paid on the project you like, and ask the developer for the prospectus documents. If you buy from another country, start with the guide to buying from abroad. The licence can be verified with Florida DBPR.