Buying a new construction home or condo in South Florida offers exciting benefits – modern layouts, energy efficient features, and luxurious community amenities. But as with any major investment, there are potential pitfalls that buyers need to watch out for. Whether you’re considering a sleek waterfront condo in Fort Lauderdale or a gated community in Palm Beach, here are the top seven mistakes to avoid when buying new construction in South Florida.
1. Going Directly to the Builder Without Representation
The #1 mistake buyers make is walking into a developer’s sales center without a Broker. Builder representatives work for the builder, not the buyer. They’re focused on the developer’s bottom line – not negotiating on your behalf. Having your own licensed Broker ensures your interests are protected throughout the process and it costs you nothing – The builder pays the commission.
2. Not Understanding the Contract Terms
Builder contracts are different from standard resale contracts. They’re often longer, more complex, and heavily favor the developer. Buyers who don’t have a Broker or legal expert review the terms risk overlooking clauses related to construction delays, deposit forfeiture, or cancellation policies.
3. Assuming Everything You See Is Included
Model homes and show units are often decked out with premium finishes, upgraded appliances, designer lighting, and custom cabinetry. Don’t assume the base price includes what you see. Always request a standard features list and upgrade sheet – and have your Broker clarify costs before signing.
4. Skipping the Inspection
Even new construction project can have issues. From faulty wiring to plumbing problems or incomplete finishes, construction defects aren’t uncommon. Hire a licensed third-party inspector before your final walkthrough to catch problems early. Your Broker can also help ensure items on the punch list are addressed before closing.
5. Failing to Research the Builder
Not all builders are created equal. Look into the builder’s track record, read online reviews, and check if they’ve had issues in other communities. Your Broker may have worked with the builder before and can share insights about reputation, quality control, and customer service.
6. Ignoring Future Development Plans
South Florida is booming with growth, but not all growth benefits property values. A planned high-rise next door may block your view. A new commercial development could bring traffic and noise. Before buying, have your Broker research surrounding parcels and zoning plans so you know what’s coming.
7. Not Taking Advantage of Incentives
Many builders offer incentives – such as design credits, closing cost contributions, or interest rate buy-downs – especially when trying to meet sales quotas. A Broker who specializes in new construction knows how to time your offer and negotiate added value on your behalf.
Looking to buy new construction in South Florida the smart way? Avoid costly mistakes and get the professional representation you need to navigate contracts, pricing, and builder negotiations – at no cost to you. Reach out today to get started.
Contact me today! (954) 663-6032 | Jason@TaubRealEstate.com
– Jason Taub, Licensed Real Estate Broker/Owner of TAUB Real Estate in Fort Lauderdale, Florida.
Copyright Notice – This content has been written exclusively by Jason Taub. It may not be published, broadcast, rewritten or redistributed. © 2025 Jason Taub – All Rights Reserved.
