The contract price is set the day you sign. The bank sets its own number the month you close. At Four Seasons Private Residences Coconut Grove, here is what happens when the two disagree.
This page is a framework. Whether the building suits you is a separate conversation. Contact the desk at Miami Dossier for the current position on any building we cover.
A pre-construction price is agreed at contract and paid at delivery, often years later. Near closing the lender has the residence appraised and lends a share of the lower of the price and the appraised value. When the appraisal comes in under the price, the buyer funds the difference in cash.
Four Seasons Private Residences Coconut Grove: 20 storeys, 70 residences.
Read it against the Kempinski Residences Miami Design District dossier for the nearest comparison.
An appraiser works from closed sales. A new tower has none of its own until the first residences close, so early valuations lean on neighbours that may be older or unbranded. A brand or a view premium needs evidence the appraiser accepts. Upgrades bought from the developer may add less to the valuation than they cost.
Four Seasons Private Residences Coconut Grove: The Four Seasons name under licence from Four Seasons Hotels Limited; an appointed Director of Residence, residential concierge, doorman and bellman, 24/7 security and valet, 24 hour on-call emergency repair; not owned, developed or sold by Four Seasons.
Most Florida pre-construction contracts carry no appraisal or financing contingency, so a low valuation neither releases the buyer nor lowers the price. The usual answers are a larger down payment, a second appraisal where the lender allows it, or another lender.
How much cash could you add at closing if the valuation came in short? Which lenders have already valued residences here or next door? What does the contract say about closing on the date whatever the loan does? The desk reads the contract with you and introduces a lender for the rest.
Four Seasons Private Residences Coconut Grove: As published on the developer fact sheet: 20 percent at contract, 20 percent at groundbreaking; the balance per the purchase agreement, held by the desk.
Plan the closing as if the appraisal will be short. If it is not, the reserve stays yours.
Developer materials for Four Seasons Private Residences Coconut Grove as carried on the live dossier, verified 28 Sep 2026. Compiled by the desk at Miami Dossier; figures are approximate and the developer’s.
Contact the desk at Miami Dossier for the documents behind this note, read one to one with you and your advisers.
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We hold no listings and we are not the developer. Contact the desk at Miami Dossier and we will tell you what applies to your situation, what does not, and where we would not proceed. On this topic that means the document before the opinion. Where a question is legal, tax or structuring, we introduce you to advisers who handle that properly rather than answering it ourselves.
The Miami Dossier team works for the buyer, not the developer. Every agent on Samuel Strauch’s team represents buyers in Miami pre-construction.
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