How Much Does it Cost to Build a Mid-Range House in Miami in 2024?

Building a mid-range home in Miami comes with specific expectations, from quality construction materials to smart technology integration.

In 2024, a typical mid-range house includes concrete masonry unit (CMU) exterior walls, a concrete slab for both the second floor and roof, expansive floor-to-ceiling windows, large-format porcelain tiles, a comprehensive smart home system, and custom cabinetry and millwork. These elements combine to create a durable, stylish, and functional residence that reflects modern living.

Cost Overview

For a home with these specifications, construction costs range between $500 and $550 per square foot. A typical mid-range home in Miami, measuring around 5,000 square feet, would therefore fall in the ballpark of $2.5 million to $2.75 million for construction alone.

Additional Costs to Consider

Beyond construction, two additional expenses are important to consider: the cost of the land and the “soft costs.” The cost of land in Miami varies widely and depends on the specific location you choose, which can significantly impact the overall budget. Additionally, soft costs—typically 10% to 15% of the construction cost—cover design fees, permit expeditor fees, City and County permits, surveys, soil studies, and other essential services.

Our Approach to Cost Management

At Ginard Studio, we work closely with both the client and the contractor throughout every phase of the project to ensure cost transparency, helping prevent budget overruns and avoid any unexpected surprises. This collaborative approach keeps the project on track without compromising on quality or design.

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Smart Brickell Luxe stands as Ginard Studio’s latest testament to architectural brilliance in Brickell, Miami. With construction set to commence in November 2024 and an

April 15, 2024

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HOSPITALITY

Smart Brickell LUXE
New Construction | Brickell, Miami FL
Architectural Designer / Architect of Record

Miami Beach Convention Center Hotel*
New Construction | Miami Beach, FL
Project Architect

Lake Nona Wave*
New Construction | Orlando, FL
Construction Administration

Fendi Chateau Residences*
New Construction | Miami Beach, FL
Interior Design & Construction Administration

Ritz Carlton Sunny Isles*
New Construction | Sunny Isles, FL
Interior Design

Hilton Brickell*
New Construction | Miami, FL
Interior Design

Milux Hotel*
New Construction | Miami, FL
Interior Design

CONDOMINIUMS

Barefoot Pelican Naples
Condo Renovation | Naples, FL
Master Plan and Landscape Design Architect of Record

Continnum South Beach*
Condo Renovation | Miami Beach, FL
Master Plan and Interior Design of Gym, Spa, and Lobbies.

Onda Residences*
New Construction | Bay Harbor Island, Miami FL
Project Architect

Monaco Condominium*
New Construction | Miami Beach, FL
Construction Administration

Baccarat Residences*
New Construction | Miami, FL
Project Architect

The Well Residences*
New Construction | Bay Harbor Island, Miami FL
Project Architect

Driftwood Residences*
New Construction | Bay Harbor Island, Miami FL
Project Architect

Smart Brickell I*
New Construction | Brickell, Miami FL
Interior Design

OFFICES

Electrolux Headquarters
New Construction | Mexico City, Mexico
Architect of Record / Interior Designer & Construction Administration

BMC Innovation Company
New Construction | Mexico City, Mexico
Architect of Record / Interior Designer & Construction Administration

Wilkins Medical Center
New Construction | Mexico City, Mexico
Architect of Record / Interior Designer & Construction Administration

Forum Aventura*
New Construction | Aventura, FL
Interior Design & Construction Administration

The Well Residences*
New Construction | Bay Harbor Island, Miami FL
Project Architect

Bambu, Centro Comercial*
New Construction | San Salvador, El Salvador
Interior Designer

* Contribution in this project while part of Arquitectonica’s award-winning team.