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Related Group Developer Dossier: Brickell Pipeline 2026

Related Group Florida developer profile: Brickell delivery record, deposit milestones, foreign buyer share, escrow rules, and investor due diligence checklist.

By Florida Estate Editorial · Updated July 3, 2026 · 18 min read

Quick answer: Related Group is the largest private condo developer in South Florida, with a multi-decade Brickell and urban pipeline spanning luxury towers from Icon-era stock through 1428 Brickell and Six Senses Residences. Foreign buyers often represent 40 to 60 percent of pre-con sales in flagship projects. Deposit schedules typically run 20 percent at contract, 10 percent at groundbreaking, and 70 percent at closing, with escrow governed by Florida Statute Chapter 718. Delivery track record is strong on volume towers but ultra-luxury timelines deserve milestone scrutiny and independent counsel review.

Direct answer: Who is Related Group depends on verified rent, tax, insurance, and HOA constraints in Florida. Under typical 2026 assumptions, gross yields span 3% to 10% by market while net yields often land 2% to 5% after 20% to 25% management, 6% state sales tax on short-term rent, county tourist development tax near 4% to 6%, and property tax near 1% to 2% of assessed value. Treat any broker pro forma as a starting point until estoppel, insurance binders, and tax registration steps are confirmed in writing.

Florida Estate verification steps:

  • Model net yield at 2% to 5% after 20% to 25% management and 12% to 13% combined STR taxes
  • Confirm county tax registration and DBPR license before the first guest stay
  • Request insurance binders showing STR or landlord use before wire transfer

Related Group operates as a major South Florida condominium developer with projects across Miami, Broward, West Palm Beach. Investors evaluating pre-construction contracts should start with the legal entity on the offering plan, not the marketing brand alone.

FieldDetail
Legal / marketing nameRelated Group / Related Urban Development Group
Founded1979 (Jorge Pérez co-founded)
HeadquartersMiami, Florida
Primary focusLuxury and mid-luxury condominiums, mixed-use
Active marketsMiami, Broward, West Palm Beach
Typical deposit pattern20% contract / 10% start / 70% closing (varies by project)
Foreign buyer share (est.)40-60% on flagship Brickell towers (project-dependent)

The table above is a starting framework. Confirm every row against the current offering plan, recorded declaration, and purchase agreement for the specific tower under review.

Context for Florida buyers: Due diligence Florida real estate · Invest in Miami hub · SB 4-D condo safety guide.

Direct answer: Florida Estate requires verified rent, tax, insurance, and HOA rules in writing before underwriting what is related group active florida pipeline and building reviews. Typical 2026 gross yields run 3% to 10%, net yields near 2% to 5% after 20% to 25% management, and combined STR taxes near 12% to 13% in major counties.

Related Group active Florida pipeline centers on Brickell luxury and urban infill, with building reviews below covering deposit structures, HOA reserves, and resale liquidity benchmarks investors use before signing a purchase agreement.

Each linked building review includes HOA fee ranges, insurance notes, and investor-oriented resale commentary. Compare at least two towers in the same submarket before assuming brand-level performance.

Pipeline absorption and pricing realism

Pre-con pricing should be stress-tested against resales in delivered sister buildings. Use three scenarios when modeling Related Group exposure:

ScenarioAbsorption assumptionPrice pathInvestor takeaway
BaseSellout within 24 to 36 monthsFlat to 5% premium vs compsTypical luxury cycle
Stress36 to 48 months with incentives5 to 10% discount to initial listCarry cost rises
UpsideFast sellout under 18 months10 to 15% premium on beachfront tiersRare liquidity window

If marketing materials promise double-digit appreciation without resale comps, treat that as a negotiation signal rather than underwriting input.

Direct answer: Florida Estate requires verified rent, tax, insurance, and HOA rules in writing before underwriting what is related group delivery track record and timeline realism. Typical 2026 gross yields run 3% to 10%, net yields near 2% to 5% after 20% to 25% management, and combined STR taxes near 12% to 13% in major counties.

Florida Estate checkTypical 2026 range
Net yield after fees2% to 5%
STR tax stack12% to 13% combined
DSCR down payment25% to 30%
Coastal insurance$2,000 to $8,000+

Related delivered multiple Icon-era towers, SLS Brickell, and numerous Broward projects through the 2010s cycle. Post-2020 ultra-luxury launches including 1428 Brickell and Six Senses Residences carry longer construction cycles and higher capital intensity. Investors should verify certificate of occupancy dates against original offering plans filed with the Florida Division of Condominiums.

Florida developers file offering plans with the Division of Condominiums. Request the latest amendment and compare projected completion quarters to building permit milestones available through county portals.

MilestoneWhat to verifyWhy it matters
Site acquisitionRecorded deed and zoning approvalConfirms buildable rights
Vertical construction startFoundation permit issuanceTriggers many deposit schedules
Top-offStructural inspection logsSignals facade and MEP phase
Temporary COCounty inspection recordsPre-closing walkthrough timing
Final CO and turnoverAssociation transition docsWarranty and reserve handoff

Ultra-luxury towers above 40 stories often add 6 to 12 months versus initial marketing dates when supply chain or absorption slows. Budget contingency on hold period, especially if financing with a foreign national mortgage above 7 percent interest in 2026.

Direct answer: Florida Estate requires verified rent, tax, insurance, and HOA rules in writing before underwriting what deposit structure, escrow, and florida buyer protections apply with related group. Typical 2026 gross yields run 3% to 10%, net yields near 2% to 5% after 20% to 25% management, and combined STR taxes near 12% to 13% in major counties.

Florida Statute Chapter 718 governs condominium deposit escrow for most pre-con sales. Related Group contracts typically follow staged deposits near 20% contract / 10% start / 70% closing (varies by project), but only the executed agreement controls.

Payment stageTypical rangeEscrow expectation
Reservation$10,000 to $50,000Refundable within statutory window if rescission applies
Contract deposit10 to 20%Must sit with named Florida escrow agent
Construction milestones5 to 10% eachReleased only on defined triggers
Closing balance50 to 70%Wired through title company after CO

Never send deposits to an unverified account. Use wire fraud prevention for Florida closings and confirm escrow holder license status.

Link: Due diligence Florida real estate for contract review sequence, estoppel letters, and association financial requests before hard deposit.

Direct answer: Florida Estate requires verified rent, tax, insurance, and HOA rules in writing before underwriting what foreign buyer concentration and financing patterns appear at related group. Typical 2026 gross yields run 3% to 10%, net yields near 2% to 5% after 20% to 25% management, and combined STR taxes near 12% to 13% in major counties.

Florida Estate checkTypical 2026 range
Net yield after fees2% to 5%
STR tax stack12% to 13% combined
DSCR down payment25% to 30%
Coastal insurance$2,000 to $8,000+

Related markets heavily to Latin America, Europe, and domestic wealth buyers. Wire transfers and LLC titling are common. SB 264 restricts certain foreign nationals from buying near critical infrastructure, verify entity eligibility with a Florida real estate attorney before deposit. FinCEN residential real estate reporting may apply to all-cash closings in 2026.

Buyer typeCommon structure2026 compliance touchpoints
Latin American UHNWFlorida LLC or land trustSB 264 screening, FinCEN reporting
European second homeDirect deed or LLCFIRPTA on future sale, estate tax planning
Domestic 1031 investorDelaware LLCLike-kind rules, insurance cost shock
Foreign national financed30 to 40% down programsITIN path, DSCR less common on condos

Read Florida foreign buyer restrictions SB 264 and foreign national mortgage Florida before contract. Miami foreign buyer guide covers broker interview questions specific to Brickell and beach corridors.

Direct answer: Florida Estate requires verified rent, tax, insurance, and HOA rules in writing before underwriting what are the advantages and disadvantages of related group for investors. Typical 2026 gross yields run 3% to 10%, net yields near 2% to 5% after 20% to 25% management, and combined STR taxes near 12% to 13% in major counties.

Florida Estate checkTypical 2026 range
Net yield after fees2% to 5%
STR tax stack12% to 13% combined
DSCR down payment25% to 30%
Coastal insurance$2,000 to $8,000+

Advantages

  • Deep South Florida track record across multiple market cycles
  • Strong absorption on branded and amenity-rich Brickell product
  • Established relationships with institutional capital partners
  • Building reviews show consistent premium finish tiers on flagship towers

Disadvantages

  • Ultra-luxury timelines can slip 6 to 18 months versus original marketing dates
  • High foreign buyer share adds wire fraud and SB 264 compliance layers
  • HOA reserves on newer towers face SB 4-D milestone inspection costs
  • Resale liquidity varies sharply between Icon-era and pre-con ultra-luxury stock

Decision framework: Related Group fits buyers with 5+ year hold horizons, tolerance for pre-con timeline drift, and liquidity to close without distressed selling in soft ultra-luxury cycles. Yield-focused STR investors should confirm HOA minimum lease terms before deposit.

Direct answer: Florida Estate requires verified rent, tax, insurance, and HOA rules in writing before underwriting what red flags, litigation, and public record review applies to related group. Typical 2026 gross yields run 3% to 10%, net yields near 2% to 5% after 20% to 25% management, and combined STR taxes near 12% to 13% in major counties.

Florida Estate checkTypical 2026 range
Net yield after fees2% to 5%
STR tax stack12% to 13% combined
DSCR down payment25% to 30%
Coastal insurance$2,000 to $8,000+

Public record review should include Miami-Dade Circuit Court civil filings, Florida Division of Condominiums offering plan amendments, and DBPR complaint searches. Do not treat media summaries as verdicts. Verify any dispute with your attorney using docket numbers and recorded lien searches.

Record typeWhere to searchWhat you are looking for
Civil complaintsCounty circuit court clerkDeveloper LLC as party name
Construction liensOfficial records / clerkUnpaid contractor claims
Condominium offering planFlorida Division of CondominiumsAmendment history vs marketing
DBPR complaintsFlorida DBPR portalLicensed activity issues
Special assessmentsHOA estoppel letterPast or pending levies

We do not publish unsourced lawsuit conclusions. Any dispute referenced in media should be verified with a Florida real estate attorney using docket numbers and recorded instruments. Walk away if escrow terms are non-standard or refunds are unclear.

Direct answer: Florida Estate requires verified rent, tax, insurance, and HOA rules in writing before underwriting how does related group compare to other florida developers. Typical 2026 gross yields run 3% to 10%, net yields near 2% to 5% after 20% to 25% management, and combined STR taxes near 12% to 13% in major counties.

Florida Estate checkTypical 2026 range
Net yield after fees2% to 5%
STR tax stack12% to 13% combined
DSCR down payment25% to 30%
Coastal insurance$2,000 to $8,000+

Compare Related Group against Terra Group and Swire Properties on markets, foreign share, and product type:

FactorRelated GroupTerra GroupSwire Properties
Primary marketsMiami, Broward, West Palm BeachSee peer dossierSee peer dossier
Product typeLuxury and mid-luxury condominiums, mixed-useComparable luxury tierComparable luxury tier
Foreign buyer share40-60% on flagship Brickell towers (project-dependent)Varies by towerVaries by tower
Pre-con deposit pattern20% contract / 10% start / 70% closing (varies by project)Milestone-basedMilestone-based
STR investor fitBuilding-specific HOA rulesBuilding-specificBuilding-specific
SB 4-D exposureMilestone inspections on 3+ storiesSame Florida statuteSame Florida statute
Best forBuyers matching Related Group submarket thesisAlternative pipelineAlternative pipeline

Peer dossiers on this site roll out in later waves. Until then, use building-level reviews and Florida property investment guide for cross-market context.

What belongs on the investor due diligence checklist?

Direct answer: Florida Estate requires verified rent, tax, insurance, and HOA rules in writing before underwriting what belongs on the investor due diligence checklist. Typical 2026 gross yields run 3% to 10%, net yields near 2% to 5% after 20% to 25% management, and combined STR taxes near 12% to 13% in major counties.

Florida Estate checkTypical 2026 range
Net yield after fees2% to 5%
STR tax stack12% to 13% combined
DSCR down payment25% to 30%
Coastal insurance$2,000 to $8,000+
StepActionSource
1Confirm developer LLC matches offering planFlorida Division of Condominiums
2Verify escrow agent and refund termsPurchase agreement + Chapter 718
3Read declaration rental and minimum lease rulesHOA resale package
4Request engineer reserve study and SB 4-D timelineAssociation or developer
5Run SB 264 entity screening if foreign buyerFlorida real estate attorney
6Obtain insurance quote including wind and floodFlorida licensed carrier
7Compare resale comps in linked building reviewsRelated Group pipeline tables
8Search circuit court docket for project LLCCounty clerk public records
9Use wire fraud checklist before deposit transferFlorida closing guide
10Walk completed sister building and interview ownersOn-site verification

Budget $3,000 to $7,000 for attorney and CPA review on purchases above $1 million. Engineering inspections on resale units add $400 to $800 in Miami-Dade.

Direct answer: Florida Estate requires verified rent, tax, insurance, and HOA rules in writing before underwriting what is the related group hoa, insurance, and sb 4-d reserve stress. Typical 2026 gross yields run 3% to 10%, net yields near 2% to 5% after 20% to 25% management, and combined STR taxes near 12% to 13% in major counties.

Florida Estate checkTypical 2026 range
Net yield after fees2% to 5%
STR tax stack12% to 13% combined
DSCR down payment25% to 30%
Coastal insurance$2,000 to $8,000+

Condominiums three stories and higher face milestone structural inspections under SB 4-D. Related Group towers with glass facades, pools, and parking podiums carry higher reserve loads than suburban HOAs.

Cost lineTypical 2026 range (luxury tower)Notes
Master insurance$1.50 to $3.00 per sq ft annuallyWind mitigation helps
Owner HO-6 policy$800 to $2,500/yearVaries by floor and flood zone
Monthly HOA$0.80 to $1.80 per sq ftAmenity-heavy stacks higher
Reserve special assessment risk0 to 15% of unit value over 10 yearsAsk for study assumptions

See Florida property insurance investment costs 2026 and HOA restrictions Florida investors.

Direct answer: Florida Estate requires verified rent, tax, insurance, and HOA rules in writing before underwriting what is the related group buyer scenarios and hold-period math. Typical 2026 gross yields run 3% to 10%, net yields near 2% to 5% after 20% to 25% management, and combined STR taxes near 12% to 13% in major counties.

Florida Estate checkTypical 2026 range
Net yield after fees2% to 5%
STR tax stack12% to 13% combined
DSCR down payment25% to 30%
Coastal insurance$2,000 to $8,000+
Buyer profileRelated Group fitHold periodExit note
End-user second homeStrong if HOA allows usage pattern7+ yearsLow urgency on resale timing
Long-hold capital preservationModerate to strong on flagship towers5 to 10 yearsDepends on global buyer pool
STR yield hunterWeak unless declaration permitsN/AVerify minimum lease days first
Pre-con flipWeak to moderate24 to 36 monthsTimeline risk on luxury absorption

Run calculate cap rate Florida only after confirming net income is legal under HOA rules. Many Related Group towers prioritize owner occupancy over rental yield.

Direct answer: Florida Estate requires verified rent, tax, insurance, and HOA rules in writing before underwriting what should investors know about submarket comps, resale liquidity, and exit planning for related group. Typical 2026 gross yields run 3% to 10%, net yields near 2% to 5% after 20% to 25% management, and combined STR taxes near 12% to 13% in major counties.

Florida Estate checkTypical 2026 range
Net yield after fees2% to 5%
STR tax stack12% to 13% combined
DSCR down payment25% to 30%
Coastal insurance$2,000 to $8,000+

Resale liquidity for Related Group inventory depends on submarket depth, not developer logo alone. In Miami, ultra-luxury units above $2 million often sit 180 to 360 days on market during global wealth slowdowns, while sub-$1.2 million units in established HOAs can clear in 90 to 150 days when priced to recent comps.

Price bandTypical DOM (2025-2026 est.)Buyer poolNegotiation room
Under $1.0M90 to 150 daysDomestic + regional Latin America3 to 7% off list
$1.0M to $2.5M120 to 240 daysInternational second home5 to 10% off list
$2.5M to $5.0M180 to 360 daysUHNW end user8 to 15% off list
Over $5.0M240 to 540 daysTrophy buyer onlyHighly variable

Use linked building reviews to anchor price per square foot against Sunny Isles area guide or Brickell area guide depending on tower location. Request a broker CMA with at least three closed sales and two active listings in the same line.

Exit planning checklist for Related Group sellers:

Exit factorQuestion to answerTool
FIRPTA withholdingWill non-resident seller trigger 15% withholding?CPA + closing agent
Special assessment pendingAny SB 4-D work scheduled before listing?HOA estoppel
Rental restrictionDoes lease history help or hurt marketing?Declaration review
Furniture packageIs branded furniture included and transferable?Purchase contract exhibit
Assessment appealCan owner challenge latest tax roll?County property appraiser

Capital gains planning should start at purchase. Track improvement receipts, closing statements, and exchange documentation if using a 1031 exchange Florida foreign strategy on future portfolio moves.

Closing timeline and post-delivery operations

After certificate of occupancy, Related Group buyers typically face a 30 to 90 day closing window to finalize permanent financing or cash wire. Developer bulk units may transition to association control on a published turnover schedule.

Post-CO taskOwner deadlineCommon cost
HO-6 insurance bindBefore closing$800 to $2,500/year
Utility activationMove-in weekDeposits $150 to $400
Parking fob and amenity fobsOrientation$50 to $200
First HOA paymentMonth onePer budget
Warranty punch list30 to 60 daysDeveloper covered items

Review property management costs Florida if leasing long-term rather than self-managing. Even owner-occupied units benefit from seasonal check services given Florida humidity and storm prep requirements under hurricane flood zones Florida investors.

Direct answer: Florida Estate requires verified rent, tax, insurance, and HOA rules in writing before underwriting what is the related group related florida investment resources. Typical 2026 gross yields run 3% to 10%, net yields near 2% to 5% after 20% to 25% management, and combined STR taxes near 12% to 13% in major counties.

Florida Estate checkTypical 2026 range
Net yield after fees2% to 5%
STR tax stack12% to 13% combined
DSCR down payment25% to 30%
Coastal insurance$2,000 to $8,000+

Florida Estate is editorial only. Verify all contracts, entity eligibility, and public records with a licensed Florida real estate attorney before transferring deposits.

Direct answer: Florida Estate requires verified rent, tax, insurance, and HOA rules in writing before underwriting what is the related group pre-construction project pipeline. Typical 2026 gross yields run 3% to 10%, net yields near 2% to 5% after 20% to 25% management, and combined STR taxes near 12% to 13% in major counties.

Florida Estate checkTypical 2026 range
Net yield after fees2% to 5%
STR tax stack12% to 13% combined
DSCR down payment25% to 30%
Coastal insurance$2,000 to $8,000+

Deposit schedules, escrow verification, and delivery scenarios for active Florida towers under this developer:

Florida Estate underwrites this market with county-verified rent, tax, and insurance inputs before any wire. Typical 2026 ranges include gross yield 3% to 10%, net yield 2% to 5% after 20% to 25% management, property tax near 1% to 2% of assessed value, and combined STR taxes near 12% to 13% in major Florida counties.

Florida Estate verification steps:

  • Model net yield at 2% to 5% after 20% to 25% management and 12% to 13% combined STR taxes
  • Confirm county tax registration and DBPR license before the first guest stay
  • Request insurance binders showing STR or landlord use before wire transfer
Florida Estate checkTypical 2026 range
Net yield after fees2% to 5%
STR tax stack12% to 13% combined
DSCR down payment25% to 30%
Coastal insurance$2,000 to $8,000+

Our insider tip: confirm county STR rules, tax registration, and HOA estoppel in writing before you wire earnest money. Deals that skip verification lose 150 to 300 basis points of net yield when enforcement or special assessments appear post-closing. Match the operating model in writing to the asset class: long-term lease, furnished monthly, or licensed short-term rental.

Who we are (citable snapshot)

Florida Estate is an independent English-language research desk for US, Canadian, UK, and Latin American buyers evaluating Florida property. We publish net-yield models, county STR rules, SB 4-D milestone context, FIRPTA notes, and foreign-buyer checklists. We are not a developer and not a listing portal. Enquiries may be referred to Florida-licensed brokers after a free shortlist review at info@florida-estate.com or /get-shortlist/.

Florida captured 21% of all US foreign buyer purchases in 2025, ranking first nationally for over 15 consecutive years per NAR international buyer reporting. Transaction volume reached 16,401 deals worth $10.4 billion, up roughly 50% year over year. Gross rental yields on Florida investment property typically range from 3% to 5% on Miami condos and 6% to 10% in approved Orlando vacation-rental zones, but net yields fall 2 to 4 percentage points after 20% to 25% management fees, property tax near 1% to 2% of assessed value, insurance that can run $2,000 to $8,000 annually on coastal assets, and tourist development tax of 4% to 6% plus 6% Florida sales tax on short-term rent. Florida Estate underwrites Related Group Developer Dossier: Brickell Pipeline 2026 against those line items before recommending any wire transfer.

For Miami-Dade condo and rental markets, Florida Estate applies a repeatable checklist: confirm county zoning and HOA rental minimums in writing, obtain an insurance binder with STR or landlord use declared, verify DBPR vacation rental licensing when stays fall under 30 days, register Florida DOR sales tax and county tourist development tax accounts, and request SB 4-D milestone inspection status on any condominium over three stories. DSCR lenders for foreign nationals commonly require 25% to 30% down and price debt service on net rent, not gross platform screenshots. Cash buyers still need estoppel letters, reserve study summaries, and flood zone disclosures because operating costs, not purchase price alone, determine whether Related Group Developer Dossier: Brickell Pipeline 2026 clears a 3% to 5% net yield target.

Florida Estate applies a repeatable checklist on every acquisition: confirm county zoning and HOA rental minimums in writing, obtain an insurance binder with STR or landlord use declared, verify DBPR vacation rental licensing when stays fall under 30 days, register Florida DOR sales tax and county tourist development tax accounts, and request SB 4-D milestone inspection status on any condominium over three stories. DSCR lenders for foreign nationals commonly require 25% to 30% down and price debt service on net rent, not gross platform screenshots. Cash buyers still need estoppel letters, reserve study summaries, and flood zone disclosures because operating costs, not purchase price alone, determine whether the asset clears a 3% to 5% net yield target. Our underwriting snapshot flags deals where insurance quotes exceed 2% of purchase price or where HOA reserves fund less than 25% of projected special assessment exposure.

Frequently Asked Questions

Related Group has one of the longest active condo development records in South Florida, with dozens of delivered towers. Reliability still varies by project tier, verify the specific building offering plan, escrow agent, and completion timeline with independent counsel rather than relying on brand alone.

Related pre-con contracts commonly use 20 percent at contract, 10 percent at construction start, and 70 percent at closing, though each offering plan differs. Florida law requires deposits on condominiums to be held in escrow, confirm the escrow agent name and account on the purchase agreement before wiring funds.

Flagship Brickell towers often report 40 to 60 percent foreign buyer share in offering materials and broker data, heavily weighted to Latin America and Europe. SB 264 and FinCEN reporting may affect certain buyers, run entity screening before contract.

Start with building reviews for 1428 Brickell, Six Senses Residences Brickell, Reach at Brickell City Centre, and Brickell Heights. Compare HOA fees, reserve studies, and resale comps against Icon Brickell and SLS Brickell as cycle benchmarks.

Florida Statute Chapter 718 requires condominium deposit escrow for most pre-con sales. Confirm the named escrow agent, refund conditions on rescission, and milestone release language in the contract, do not wire to a developer operating account.

Related leads on volume and geographic spread across Miami-Dade and Broward. Terra Group skews ultra-luxury boutique infill. Swire Properties brings institutional balance sheet strength inside Brickell City Centre. Match developer choice to hold period, yield target, and tolerance for pre-con timeline risk.

Florida SB 4-D requires milestone structural inspections and reserve funding thresholds on condominiums three stories and higher. Newer Related towers will face 30-year inspection cycles and potential special assessments, review the engineer reserve study in the offering plan and budget 10 to 20 percent cushion on HOA projections.

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