Buy A Property In Miami, FL Using Cryptocurrency
See all homes and condos listed for sale where listings indicate the sellers would consider cryptocurrency as a financing term for the sale of their home.
HOW DOES BUYING MIAMI REAL ESTATE IN CRYPTOCURRENCY WORK?
Generally, there are three ways you can buy a property using cryptocurrencies, such as bitcoin
Option 1: If a seller accepts a cryptocurrency in your purchase contract and you close the deal in dollars. However, with market volatility being a significant concern, some sellers and buyers are willing to accept cryptocurrency but prefer to convert it to dollars at closing. These transactions are facilitated with the help of a cryptocurrency exchange intermediary that converts the digital currency to cash.
Option 2: is to buy in crypto all the way. A proper cryptocurrency transaction where the seller will accept and keep the payment in crypto is usually determined individually between the buyer and seller. Many sellers will put in the listing notes that they’re open to using crypto.
Option 3: You can use crypto to purchase residences in pre-construction condo projects. Some Miami developers accept crypto for deposits, and some even at closing.
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Source: Southeast Florida MLS
The MLS data provided above represents properties in the following zip codes: 33139, 33140, 33154, 33141. Source: Southeast Florida MLS. Information is deemed reliable but not guaranteed. Copyright ©2021. The listing data on this page comes in part from the Internet Data Exchange (IDX), a collaboration between the following REALTOR(R) associations in the South Florida Multiple Listing Service (MLS): Miami Association of Realtors and Beaches MLS. All rights reserved. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.