Foreign Owners of Miami Properties: Why This May Be the Perfect Window to Reposition
Many of my international clients who purchased property in Miami over the past decade are now sitting on significant equity—but also increasing risk and low returns.
We're seeing a wave of new regulations, rising costs, and market shifts that are particularly affecting older condos and non-primary residences. Here’s what I’m advising qualified foreign clients to consider right now:
Rising expenses: Insurance premiums, interest rates, taxes (especially for non-homesteaded properties), and condo maintenance costs are all up.
New Florida laws: Older buildings now face mandatory inspections and structural reserve funding—driving up HOA fees and lowering resale value.
Liquidity risk: Financing has tightened. Some properties can only be sold to all-cash buyers, reducing your exit options.
There is still strong demand from U.S. and international buyers, especially for quality assets under $2.5M. This could be a chance to:
Sell at or near peak value before the market shifts further.
Reinvest in smarter assets: STR-approved condos, pre-construction opportunities, or even diversified, tax-advantaged portfolios.
Plan ahead: Address estate planning, reduce U.S. tax exposure, and ensure smooth wealth transfer to heirs.
For qualified clients, I’m offering a confidential, no-obligation property review, including:
Fair market valuation
Profitability and rental performance
Risk analysis (HOA, financing, insurance)
Exit strategy and 1031 exchange options
Coordination with legal/tax advisors
If you're a foreign owner—or advise clients who are—let's talk. Repositioning even a single property can unlock six- or seven-figure capital for smarter, more secure growth.
📩 DM me or reach out at [email protected]
📞 (305) 281-2581 | 🌐 www.carlosmorean.com
Get assistance in determining current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Contact me today.