What is the construction cost per square foot in Miami?

The construction cost per square foot in Miami depends on the type and quality of the building. On average:

For standard construction, the cost ranges from $110 to $150 per square foot.

For premium construction, the cost is around $150 to $190 per square foot.

For luxury or high-end homes, the cost can go up to $190 to $230 per square foot or more.

In some ultra-luxury cases, with high-end finishes, smart home features, and custom designs, the cost can reach $500 to $550 per square foot.