Trusted Market Intelligence

Buying a Miami condo after a liquidity event

Different sources, one shape: the money arrives in stages, and so does the contract.

This page is the map. Each question below has its own page, and this one exists to point at the right one. Contact the desk at Miami Dossier for the current position on any building we cover.

The Shape

The source changes the vocabulary. It does not change the mechanics.

A company goes public and shares become sellable in tranches. A fund pays out on its own schedule. A business sells with money arriving across several years. Compensation is deferred and lands in pieces.

Those sound like four different situations and they behave like one. A large amount is coming, the timing is roughly knowable, and the exact dates belong to someone else.

A Miami preconstruction contract has exactly the same shape. Payment is spread across roughly two to four years, tied to contract, groundbreaking, construction milestones and closing. So there are two schedules, and whether they line up is the only question that matters.

The Rule

Negotiable before signing. Fixed afterward.

Deposit dates can usually be moved before contract, particularly on larger units in buildings still selling, because a developer sets a schedule to fund construction rather than because those specific dates matter.

After signing they are dates in a contract and they do not move.

Almost nobody asks in time. That is the single most useful thing on this page, and it costs nothing to act on.

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Where To Go Next

Each of these has its own page.

After a company goes public. Lockups, vesting, buying before shares can be sold. Buying a Miami condo after an IPO.

How the payments actually work. The tranches, the percentages, what triggers each one. The deposit schedule explained.

When the building runs late. Why milestone-linked payments behave differently from calendar-linked ones. Delivery timelines, and how they slip.

Whether preconstruction is right at all. One payment for something that exists, against a schedule to manage. New construction or resale.

Who signs. Personally, an entity, or a trust, and what each changes. Buying through an entity.

If Florida becomes home. What actually has to change, and what does not count. Moving from New York to Miami.

Where The Answer Is Neither

Money arriving is not a reason to buy.

The most common mistake in this whole cluster is buying because the money landed rather than because of the apartment. Miami is a good reason to buy in Miami. A payout is not.

Where the timing is genuinely uncertain rather than merely staged, resale removes the problem completely: one payment, an apartment that exists today, a higher price per foot, no calendar to manage.

And waiting costs nothing. The money will still be there next quarter.

The Shift

The dates are the whole game.

Amounts get all the attention and dates decide the outcome, and dates are only movable in the weeks before a contract is signed. Contact the desk at Miami Dossier and we will tell you what a specific developer has actually agreed to. Where a question is legal, tax or compliance, we introduce you to advisers who handle that properly rather than answering it ourselves.

Which developers have moved deposit dates. Who has actually done it, and at what size.
Which use milestone language. Payments that move with the building rather than against a calendar.
Delivery record. The last three buildings, announced against actual.
Price per foot by stack and floor. On request, because published numbers go stale.

WhatsApp the desk · 305.588.4547·[email protected]

Common Questions

What people ask about buying after a payout

What counts as a liquidity event?
Any point where an illiquid holding becomes cash. A company listing publicly, a fund distribution, the sale of a business, an earnout paid over years, or deferred compensation. For these purposes what matters is that the money arrives in stages rather than at once.
Does it matter where the money came from?
Not to the mechanics of a purchase. It matters to documentation, since a bank and a title company will ask where funds originated and expect a clean paper trail. That is a records question, handled before the first wire rather than during closing.
Is preconstruction better than resale for staged money?
It matches the shape more closely, since both spread across years. That is not the same as better. Resale is a single payment for an apartment that exists today, which removes all scheduling risk at a higher price per foot.
How far ahead should this be planned?
Before signing anything, because deposit dates stop being negotiable at that point. In practice a few weeks of thinking about the calendar is worth more than months of looking at floor plans.
Can a purchase be signed before the money has arrived?
It happens routinely, since a first deposit is a small fraction of the purchase and later payments fall months or years out. The check is whether those later dates fall after the money is genuinely available, with margin for delay on both sides.
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Before You Act On Any Of This

Commentary, not a recommendation.

Nothing here is advice about a position, a portfolio, or when to sell anything, and nothing here says to buy. It sets out how two schedules interact so the right question gets asked in time. Contact the desk at Miami Dossier for the current position on any building we cover. Where a question is legal, tax or compliance, we introduce you to advisers who handle that properly rather than answering it ourselves.

WhatsApp the desk · 305.588.4547·[email protected]

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