5 Hot Trends In South Florida’s Luxury Residential Construction Market On Telescoconstruction.com

5 Hot Trends in South Florida’s Luxury Residential Construction Market

Clubhouse piano bar at 900 Biscayne Bay, designed and built by Telesco Associates and Telesco Construction

These are the features people are willing to pay more for

There are few places right now that are as hot as South Florida when it comes to the real estate market. People from all over are clamoring to live here, and it is becoming tough for developers to keep up with the demand. This is why condos and other residential buildings are being constructed at a record clip.

And sure, it can be easy to attract folks to many properties in South Florida because of the area’s appeal – but what if you don’t want just anybody? What if you are looking for a discerning buyer, someone who is probably in a higher tax bracket? How do you get them interested in your residences with all of the options out there? You have to know what they’re looking for.

Private clubs

Nowadays it’s not good enough to have an amazing home in a luxury building. Residents want to the option to live the luxury lifestyle without ever leaving the building, and this is why private clubs are being included within many high-end developments. Some condominiums in Miami are now even equipped with oceanfront cabanas.

Extra features

While gyms may be standard in many condos and apartment buildings, luxury buyers want more than just a couple of old exercise bikes. As a result, entire fitness centers that rival paid, off-site options are becoming the norm. And keeping with the theme of an all-inclusive building, other features, such as spas and playrooms for the kids, are also trending big.

Green space

Even people living in sky-high developments want to experience some green without having to go anywhere. To accommodate them, many structures are now creating their own gardens. Not only does it add an interesting element to a building, a garden can also enhance and revitalize the atmosphere of a lobby or common area.

Personalized interior design

Cookie-cutter residences don’t cut it anymore. Buyers now want unique homes that are designed for their individual preferences, and they are paying very close attention to the details. Luxury shoppers are looking for things like the option to add marble or timber floors and exposed stone. They also expect excellent craftsmanship and top-of-the-line materials.

Smart Technology

High-income buyers in South Florida who are willing to shell out big bucks for a home want it to be equipped with the latest smart technology to make their lives easier and to add an extra level of functionality. The features they are after include motorized shades, LED lighting, automatic climate adjustment, an integrated home security system, and other controls they’ll have access to through a smartphone or other device.

If you are planning on building a luxury residential structure, make sure to keep the above features in mind to attract the discerning buyers. And to get your best ROI, you should think about using a design-build solution. With a design-build firm, everyone responsible for creating your building works for the same company. This means that you will never have to deal with an assortment of outside designers and contractors during any phase of the project. It could save you both time and money, as well as undue stress.

Telesco Construction is a design-build firm with extensive experience creating luxury buildings that incorporate the amenities people want. At 900 Biscayne Bay, we designed and built a piano bar that rivals anything on South Beach, and added a state-of-the-art fitness center and a fun and colorful children’s playroom.

No matter what type of project you’re planning or what special features you want to include, our talented professionals will work with you every step of the way to bring it all to life. To get started, contact us at 305.390.0250 or just fill out our online form.