Miami’s real estate market has become a prime destination for international investors, particularly from Latin America, who find cash purchases of real estate an effective way to diversify their wealth.
Cash Sales Dominate
According to the latest report from Miami Realtors, in July 2025, 48.8% of the 921 condominium and townhouse sales in Miami-Dade were completed in cash. This resulted in a total volume of sales exceeding $772 million, with an average price of $838,728 per unit.
Experts Weigh In on Risks
“The risk exists, as in any market where cash usage is high, but Miami has strict regulations. The persistent gap lies in the possibility of acquiring properties through complex structures (like foreign trusts or LLCs), which make it difficult to identify the ultimate beneficiary,” explained Olin.
Popular Areas for Investors
The interest of Latin American investors is concentrated in Brickell, Downtown Miami, Edgewater, and Miami Beach, areas known for their connectivity, cultural offerings, and high-quality projects.
Investor Preferences
Olin emphasized that the properties most desired by Latin Americans in Miami are those offering short-term rental flexibility, enabling immediate income generation.
Units ready for immediate occupancy, such as fully furnished residences like the 7200 Collins project, and luxury projects with exclusive amenities and strategic locations also attract investors.
Market Trends and Future Outlook
“As long as Miami remains a reliable haven for international investors, the cash purchase trend will persist. Factors like dollar appreciation or tax policies might influence this, but the global destination’s solidity ensures that cash purchases will remain predominant,” concluded Olin.
Key Questions and Answers
- What makes Miami’s real estate market attractive to international investors? The market offers cash purchase options, high-quality projects, and strategic locations in popular areas like Brickell, Downtown Miami, Edgewater, and Miami Beach.
- What are the concerns regarding high cash sales in Miami’s real estate market? Experts point out the potential risk of money laundering and difficulties in identifying the ultimate beneficiary due to complex property acquisition structures.
- Which types of properties are most sought after by Latin American investors in Miami? Investors prefer properties that allow short-term rentals and are ready for immediate occupancy, such as fully furnished units.
- What factors might influence the cash purchase trend in Miami’s real estate market? While the trend is expected to continue due to Miami’s global appeal, factors like dollar appreciation and tax policies could potentially impact it.
