Foreign investors have long fueled South Florida’s condo market, but a recent report reveals a significant shift in international buyer behavior. With Latin American buyers leading the way, foreign buyers now dominate new development sales in submarkets with significant pipelines.
Foreign Buyers Dominate South Florida’s New Dev Condo Market helps improve planning, consistency, and publishing quality when teams follow a repeatable workflow.
It’s no secret that foreign investors fuel South Florida’s condo market, but a new report shows how international buyers now dominate new development sales in submarkets with significant pipelines.
Across 66 condo projects in the tri-county region, foreign buyers make up 52 percent of total sales, according to a report by the Miami Association of Realtors. The report covers sales data for the 22-month period from January of last year through October of this year. The Miami Association of Realtors partnered with the brokerages Fortune Christie’s International Real Estate, Cervera Real Estate, ISG World, PMG, Serhant New Development and One Sotheby’s International Realty to obtain the data. It expands upon a July report that covered foreign buyer deals from January 2024 to June 2025.
The latest report found that 6,931 units were presold in the latest 22-month period, and 3,620 of the presales were from foreign buyers. Latin American buyers made up 86 percent of foreign buyers during that period. The top countries represented by foreign purchases were Colombia, Mexico, Argentina, Brazil and Turkey.
The report also shows foreign buyers particularly have come to dominate new development markets. In Miami’s Brickell and Coconut Grove, foreign buyers accounted for 63 percent of sales; in North Miami, 59 percent of sales; in Miami’s Wynwood, 63 percent of sales; in Hollywood, 76 percent of sales; and in Pompano Beach, 63 percent of sales.
While foreign buyers reigned supreme in those markets, they represented a much smaller share of sales in Fort Lauderdale and West Palm Beach. Just 13 percent of Fort Lauderdale’s reported sales involved foreign buyers, and in West Palm Beach that share dropped to 7 percent.
At The Real Deal’s Miami Real Estate Forum last week, Fortune International Group’s Edgardo Defortuna and ISG World’s Craig Studnicky discussed the shifting behavior of international buyers in South Florida. Also, they said the Trump administration’s immigration crackdown has not deterred foreign buyers, rather, they have rushed to invest though the EB-5 visa program.
“Demand has been incredible,” Defortuna said. “Before, EB-5 used to be mainly Chinese or the Far East, but now the Latin American buyer really understands the process.”
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var(–wp–preset–gradient–midnight) !important;}.has-small-font-size{font-size: var(–wp–preset–font-size–small) !important;}.has-medium-font-size{font-size: var(–wp–preset–font-size–medium) !important;}.has-large-font-size{font-size: var(–wp–preset–font-size–large) !important;}.has-x-large-font-size{font-size: var(–wp–preset–font-size–x-large) !important;}”,”type”:”list”,”__typename”:”StyleItem”}],”post”:{“id”:”cG9zdDoxMDAwMzA2″,”databaseId”:1000306,”title”:”Foreign condo buyers dominate South Florida’s new development pipeline”,”status”:”publish”,”slug”:”foreign-buyers-dominate-south-floridas-new-dev-condo-market”,”uri”:”/miami/2025/11/12/foreign-buyers-dominate-south-floridas-new-dev-condo-market/”,”link”:”https://therealdeal.com/miami/2025/11/12/foreign-buyers-dominate-south-floridas-new-dev-condo-market/”,”dateGmt”:”2025-11-12T20:35:29″,”contentTypeName”:”post”,”contentFiltered”:”u003cpu003eIt’s no secret that foreign investors fuel South Florida’s condo market, but a new report shows how international buyers now dominate new development sales in submarkets with significant pipelines.u0026nbsp;u003c/pu003enu003cpu003eAcross 66 condo projects in the tri-county region, foreign buyers make up 52 percent of total sales, according to a report by the u003ca href=”/miami/2025/06/24/south-florida-residential-sales-dive-in-may-2025/”u003eMiami Association of Realtorsu003c/au003e. The report covers sales data for the 22-month period from January of last year through October of this year. The Miami Association of Realtors partnered with the brokerages Fortune Christieu0026#8217;s International Real Estate, Cervera Real Estate, ISG World, PMG, Serhant New Development and One Sothebyu0026#8217;s International Realty to obtain the data. It expands upon a July report that covered foreign buyer deals from January 2024 to June 2025.u0026nbsp;u003c/pu003enu003cpu003eThe latest report found that 6,931 units were presold in the latest 22-month period, and 3,620 of the presales were from foreign buyers. Latin American buyers made up 86 percent of foreign buyers during that period. The top countries represented by foreign purchases were Colombia, Mexico, Argentina, Brazil and Turkey.u003c/pu003enu003cpu003eThe report also shows foreign buyers particularly have come to dominate new development markets. In Miami’s Brickell and Coconut Grove, foreign buyers accounted for 63 percent of sales; in North Miami, 59 percent of sales; in Miami’s Wynwood, 63 percent of sales; in Hollywood, 76 percent of sales; and in Pompano Beach, 63 percent of sales.u0026nbsp;u003c/pu003enu003cpu003eWhile foreign buyers reigned supreme in those markets, they represented a much smaller share of sales in u003ca href=”/miami/2025/01/15/inside-broward-countys-condo-development-pipeline/”u003eFort Lauderdaleu003c/au003e and u003ca href=”/miami/2025/09/04/here-is-west-palm-beachs-condo-pipeline/”u003eWest Palm Beachu003c/au003e. Just 13 percent of Fort Lauderdale’s reported sales involved foreign buyers, and in West Palm Beach that share dropped to 7 percent.u0026nbsp;u003c/pu003enu003cpu003eAt u003cemu003eThe Real Deal’su003c/emu003e u003ca href=”/miami/2025/11/07/latin-american-investors-still-bullish-on-south-florida/”u003eMiami Real Estate Forum last weeku003c/au003e, Fortune International Group’s Edgardo Defortuna and ISG World’s Craig Studnicky discussed the shifting behavior of international buyers in South Florida. Also, they said the Trump administration’s immigration crackdown has not deterred foreign buyers, rather, they have rushed to invest though the u003ca href=”/magazine/november-2025/free-money/”u003eEB-5 visa programu003c/au003e.u0026nbsp;u003c/pu003enu003cpu003e“Demand has been incredible,” Defortuna said. “Before, EB-5 used to be mainly Chinese or the Far East, but now the Latin American buyer really understands the process.”u003c/pu003enu003csection class=”ReadMoreSection_root”u003entu003ch4 class=”ReadMoreSection_title”u003eRead moreu003c/h4u003enttttttttu003ca class=”BlogrollPost” href=”/miami/2025/11/04/south-fla-foreign-buyer-mix-shifts-as-canadians-demand-falls/”u003enttttu003carticle class=”BlogrollPost_container”u003entttttu003cfigure class=”BlogrollPost_image FeaturedImage”u003entttttttttttttu003cimg decoding=”async” width=”200″ height=”133″ src=”https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Foreign-Buyers-Feature-1-200×133.jpg” class=”FeaturedImage_image wp-post-image” alt=”Colombian President Gustavo Petro, United States President Donald Trump, Canadian Prime Minister Mark Carney, and Argentina’s President Javier Milei (Getty)” loading=”lazy” /u003etttttttttttu003c/figureu003entttttu003cdiv class=”BlogrollPost_content”u003enttttttu003cdiv class=”BlogrollPost_heading”u003entttttttu003cdiv class=”MarketSectorLabel_categoryCityLabelWrapper”u003enttttttttttttttttu003cdiv class=”MarketSectorLabel_sectorLabel”u003entttttttttResidentialttttttttu003c/divu003enttttttttttttttttttttttttu003cdiv class=”MarketSectorLabel_marketLabel”u003entttttttttSouth Floridattttttttu003c/divu003entttttttttttttttu003c/divu003enttttttu003c/divu003enttttttu003cdiv class=”BlogrollPost_title”u003eSouth Florida’s foreign buyer mix shifts, as Canadian demand falls u003c/divu003entttttu003c/divu003enttttu003c/articleu003entttu003c/au003enttttttu003ca class=”BlogrollPost” href=”/miami/2025/11/07/latin-american-investors-still-bullish-on-south-florida/”u003enttttu003carticle class=”BlogrollPost_container”u003entttttu003cfigure class=”BlogrollPost_image FeaturedImage”u003entttttttttttttu003cimg decoding=”async” width=”200″ height=”133″ src=”https://static.therealdeal.com/wp-content/uploads/2025/11/DeFortuna_MIA-Panel_11.7-200×133.jpg” class=”FeaturedImage_image wp-post-image” alt=”Fortune International Groupu0026#039;s Edgardo Defortuna” loading=”lazy” /u003etttttttttttu003c/figureu003entttttu003cdiv class=”BlogrollPost_content”u003enttttttu003cdiv class=”BlogrollPost_heading”u003entttttttu003cdiv class=”MarketSectorLabel_categoryCityLabelWrapper”u003enttttttttttttttttu003cdiv class=”MarketSectorLabel_sectorLabel”u003entttttttttResidentialttttttttu003c/divu003enttttttttttttttttttttttttu003cdiv class=”MarketSectorLabel_marketLabel”u003entttttttttSouth Floridattttttttu003c/divu003entttttttttttttttu003c/divu003enttttttu003c/divu003enttttttu003cdiv class=”BlogrollPost_title”u003eMexico, Brazil and Colombia top foreign buyers in South Florida, but US demand still rulesu003c/divu003entttttu003c/divu003enttttu003c/articleu003entttu003c/au003enttttu003c/sectionu003enntt”,”noAds”:false,”alternativeHeadline”:{“subheadline”:”More than 50% of buyers in Brickell, Wynwood, North Miami, Hollywood and Pompano Beach are international”,”__typename”:”AlternativeHeadline”},”updatedPost”:{“updated”:false,”date”:”2025-11-12T20:42:00+00:00″,”__typename”:”UpdatedPost”},”aiSummary”:{“summary”:”u003cpu003eu003c!– wp:list –u003eu003c/pu003ernu003cul class=”wp-block-list”u003eu003c!– wp:list-item –u003ernu003cliu003eForeign buyers account for 52 percent of total sales across 66 new development condo projects in South Florida’s tri-county region over a 22-month period, demonstrating their dominance in the market.u003c/liu003ernu003c!– /wp:list-item –u003ernrnu003c!– wp:list-item –u003ernu003cliu003eLatin American buyers represent 86 percent of the foreign purchases, with the top countries being Colombia, Mexico, Argentina, Brazil and Turkey.u003c/liu003ernu003c!– /wp:list-item –u003ernrnu003c!– wp:list-item –u003ernu003cliu003eForeign buyers particularly dominate new development submarkets such as Miami’s Brickell, Coconut Grove, and Wynwood, North Miami, Hollywood and Pompano Beach, where their share of sales ranges from 59 percent to 76 percent.u003c/liu003ernu003c!– /wp:list-item –u003eu003c/ulu003ernu003cpu003eu003c!– /wp:list –u003eu003c/pu003e”,”reviewed”:true,”disabled”:false,”autoGenerate”:false,”__typename”:”AISummary”},”audioArticleSettings”:{“audioUrl”:”https://eleven-public-cdn.elevenlabs.io/audio-native/a24c95b71e45d877e2798ceb32ef0ff8b1d79dced18bffc58f5b3a0c6e8468ac/eJVe1OKKXwtIB6cJuXkW/eJVe1OKKXwtIB6cJuXkW.mp3″,”__typename”:”AudioArticleSettings”},”mainArt”:{“mediaType”:”image”,”image”:{“node”:{“sourceUrl”:”/wp-content/uploads/2025/11/MIA_Foreign-Buyer-Report-1400×933.jpg”,”srcSet”:”/wp-content/uploads/2025/11/MIA_Foreign-Buyer-Report-1400×933.jpg 1400w, /wp-content/uploads/2025/11/MIA_Foreign-Buyer-Report-300×200.jpg 300w, /wp-content/uploads/2025/11/MIA_Foreign-Buyer-Report-700×467.jpg 700w, /wp-content/uploads/2025/11/MIA_Foreign-Buyer-Report-200×133.jpg 200w, /wp-content/uploads/2025/11/MIA_Foreign-Buyer-Report-768×512.jpg 768w, /wp-content/uploads/2025/11/MIA_Foreign-Buyer-Report-1024×683.jpg 1024w, /wp-content/uploads/2025/11/MIA_Foreign-Buyer-Report-50×33.jpg 50w, /wp-content/uploads/2025/11/MIA_Foreign-Buyer-Report.jpg 1500w”,”sizes”:”(max-width: 1400px) 100vw, 1400px”,”caption”:”u003cpu003eFortune International Group’s Edgardo Defortuna with Brickell skyscrapers (Getty, Alive Coverage/Tu0026#8230;u003c/pu003en”,”altText”:””,”__typename”:”MediaItem”},”__typename”:”AcfMediaItemConnectionEdge”},”video”:null,”caption”:”Fortune International Group’s Edgardo Defortuna with Brickell skyscrapers (Getty, Alive Coverage/The Real Deal)”,”__typename”:”MainArt”},”featuredImage”:{“node”:{“sourceUrl”:”https://static.therealdeal.com/wp-content/uploads/2025/11/MIA_Foreign-Buyer-Report-1400×933.jpg”,”srcSet”:”https://static.therealdeal.com/wp-content/uploads/2025/11/MIA_Foreign-Buyer-Report-1400×933.jpg 1400w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA_Foreign-Buyer-Report-300×200.jpg 300w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA_Foreign-Buyer-Report-700×467.jpg 700w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA_Foreign-Buyer-Report-200×133.jpg 200w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA_Foreign-Buyer-Report-768×512.jpg 768w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA_Foreign-Buyer-Report-1024×683.jpg 1024w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA_Foreign-Buyer-Report-50×33.jpg 50w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA_Foreign-Buyer-Report.jpg 1500w”,”sizes”:”(max-width: 1400px) 100vw, 1400px”,”caption”:”u003cpu003eFortune International Group’s Edgardo Defortuna with Brickell skyscrapers (Getty, Alive Coverage/Tu0026#8230;u003c/pu003en”,”altText”:””,”mediaDetails”:{“sizes”:[{“width”:”1400″,”height”:”933″,”__typename”:”MediaSize”}],”__typename”:”MediaDetails”},”__typename”:”MediaItem”},”__typename”:”NodeWithFeaturedImageToMediaItemConnectionEdge”},”__typename”:”Post”,”template”:{“templateValue”:”right-rail”,”__typename”:”DefaultTemplate”},”seo”:{“title”:”Foreign Buyers Dominate South Florida’s New Dev Condo Market”,”fullHead”:”u003c!– This site is optimized with the Yoast SEO Premium plugin v26.0 (Yoast SEO v26.1.1) – https://yoast.com/wordpress/plugins/seo/ –u003enu003cmeta name=”description” content=”A new report shows how international buyers dominate new development condo sales in submarkets with significant pipelines. ” /u003enu003cmeta name=”robots” content=”index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1″ /u003enu003clink rel=”canonical” href=”https://therealdeal.com/miami/2025/11/12/foreign-buyers-dominate-south-floridas-new-dev-condo-market/” 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The report covers sales data for the 22-month period from January of last year through October of this year. The Miami Association of Realtors partnered with the brokerages Fortune Christieu0026#8217;s International Real Estate, Cervera Real Estate, ISG World, PMG, Serhant New Development and One [u0026hellip;]” /u003enu003cmeta name=”twitter:creator” content=”@trdny” /u003enu003cmeta name=”twitter:site” content=”@trdny” /u003enu003cmeta name=”twitter:label1″ content=”Written by” /u003entu003cmeta name=”twitter:data1″ content=”Steven Dilakian” /u003entu003cmeta name=”twitter:label2″ content=”Est. reading time” /u003entu003cmeta name=”twitter:data2″ content=”2 minutes” /u003enu003cscript type=”application/ld+json” 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Miami market relevance
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The Miami Association of Realtors’ latest report shows that Latin American buyers made up 86% of foreign buyers during the 22-month period from January 2024 to June 2025. Colombia, Mexico, Argentina, Brazil, and Turkey were among the top countries represented by foreign purchases.
Foreign Buyers Dominate South Florida’s New Dev Condo Market: Practical Checklist
- Confirm scope and audience
- Define the content goal and CTA
- Use clear headings and examples
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- Review before publishing
Most quality issues come from unclear scope and rushed publishing. A simple checklist improves consistency and readability.
Review your introduction, headings, and conclusion to ensure the article matches search intent and provides practical next steps for the reader.
FAQ: Foreign Buyers Dominate South Florida’s New Dev Condo Market
What should be planned first?
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