Miami Real Estate

What Miami Real Estate does

Pedro J. Velasco Miami Real Estate is a Miami Beach-based luxury real estate brokerage operated as a personal-agent practice by founder Pedro J. Velasco, who has been active in the Miami market since approximately 2000. The firm represents buyers, sellers, and renters in luxury residential transactions across Miami's premier neighborhoods — Miami Beach, South of Fifth, Surfside, Brickell, Downtown Miami, Edgewater, Bal Harbour, Coral Gables, and Coconut Grove — with a particular focus on new-development and preconstruction condominium sales. The practice is affiliated with Cervera Real Estate for office infrastructure and holds multi-state broker licenses covering Florida, New York, Connecticut, North Carolina, New Jersey, Pennsylvania, and South Carolina.

The business operates a sales-led go-to-market model built on direct personal-agent relationships, developer partnerships (Related Group, Integra Investments, One Thousand Group, BH3/Merrimac Ventures, Vertical Developments), and exclusive in-house sales roles on flagship developments such as St. Regis Residences Miami. Revenue derives entirely from commission-based transaction fees on real estate sales, rental transactions, and investment advisory services; pricing is not publicly disclosed but follows the standard percentage-of-sale-price real estate commission structure, with listed property values ranging from $239,995 to $175,000,000. Marketing channels are primarily content-driven (blog, weekly newsletter, press coverage) supplemented by WhatsApp direct contact. There is no disclosed technology platform, no app, no API, and no evidence of AI/ML capabilities; the offering is a traditional, relationship-driven brokerage service.

Name

Miami Real Estate

Legal name

Pedro J. Velasco PA

Website

https://pedrojvelasco.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Pedro J. Velasco Miami Real Estate is a Miami Beach-based luxury residential brokerage founded in 2000, serving high-net-worth buyers and sellers in Miami's premier neighborhoods through commission-based sales, preconstruction representation, and developer partnerships.

Ownership category

akta.pro rank

Product category

Luxury Residential Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (53121), Offices of Real Estate Agents and Brokers (5312)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Luxury & High-End Residential Brokerage (BPAJAAAC)

akta.pro secondary industries

Traditional Residential Brokerage (Existing Homes) (BPAJAAAA), Buyer Representation Services (BPAJAAAJ)

Keywords

• Luxury real estate brokerage
• Residential property sales
• New development representation
• Property rental services
• Real estate investment advisory

Headquarters

HQ city

Miami Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Others

Revenue model

1. Real Estate Commission: Commissions from buying and selling residential luxury properties in Miami market
2. Rental Services: Rental transaction fees for residential properties
3. Investment Advisory: Real estate investment consulting and advisory services

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Pedro J. Velasco Miami Real Estate is a full-service luxury residential real estate brokerage representing buyers, sellers, and renters across Miami's premium neighborhoods. The firm specializes in new development representation and high-value contract negotiation, with supplemental rental placement and real estate investment advisory services. It operates as an independent practice affiliated with Cervera Real Estate.

Product overview

Pedro J. Velasco Miami Real Estate is a single-service luxury real estate brokerage operated by Pedro J. Velasco, a licensed real estate broker in Florida. The company specializes in representing buyers and sellers in Miami's luxury real estate market, with particular expertise in new development projects and high-value transactions. Services include property buying, selling, and renting across Miami's premier neighborhoods including Miami Beach, South of Fifth, Surfside, Brickell, Downtown Miami, Edgewater, Bal Harbour, Coral Gables, and Coconut Grove. The company operates as part of Cervera Real Estate, a well-established Miami real estate firm.

Differentiator

Problem solved

Functional benefit

Products and services

• Pedro J. Velasco Miami Real Estate Services Full-service luxury residential real estate brokerage representing buyers, sellers, and renters in Miami and surrounding South Florida markets. Coverage spans Miami Beach, South of Fifth, Surfside, Brickell, Downtown Miami, Edgewater, Bal Harbour, Coral Gables, and Coconut Grove.
• New Development Representation Specialized service representing developers and buyers in preconstruction and new luxury condominium developments across Miami, leveraging long-standing relationships with developers such as Related Group, Integra Investments, One Thousand Group, Vertical Developments, and BH3/Merrimac Ventures.
• Rental Services Rental placement and transaction services for residential properties across Miami, generating commission-based rental transaction fees.
• Real Estate Investment Advisory Real estate investment consulting and advisory services assisting clients with property selection, market intelligence, and portfolio decisions in Miami's luxury market.

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and flagship.

• Cervera Real EstatecoreChannel Partner/ Reseller/ DistributorAffiliated brokerage firm providing office space and infrastructure at 1000 S Pointe Dr, Miami Beach. Cervera Real Estate is a major luxury real estate brokerage in South Florida.
• Anna Sherrill TeamflagshipGTM or Marketing PartnerExclusive in-house sales team for St. Regis Residences Miami, one of the premier luxury condo developments in Miami. Contact: +1 (305) 968-5005
• Related GroupcoreStrategic or Co-development PartnerMiami-based developer behind multiple luxury projects including St. Regis Residences, Baccarat Miami, and other high-end developments. Major player in South Florida luxury real estate.
• Integra InvestmentscoreStrategic or Co-development PartnerCo-developer of St. Regis Residences Miami alongside Related Group. Leading South Florida real estate development firm.
• Robert A.M. Stern Architects (RAMSA)flagshipTechnology or IntegrationWorld-renowned architectural firm designing St. Regis Residences Miami and Shore Club. Projects designed by RAMSA command premium pricing in Miami luxury market.
• One Thousand GroupcoreStrategic or Co-development PartnerLed by Louis Birdman, Kevin Venger, and Michael Konig. Developing Tower 36 in Edgewater and One Thousand Museum (Zaha Hadid project). Major Miami luxury developer.
• KPF ArchitectsflagshipTechnology or IntegrationRenowned architectural firm tapped to design Tower 36 in Edgewater, Miami.
• Vertical DevelopmentscoreStrategic or Co-development PartnerMiami-based developer launching Avenia by Fendi Casa in Aventura. Third branded condo project for the firm.
• Fendi CasacoreStrategic or Co-development PartnerLuxury Italian brand providing interior design for Avenia condo project in Aventura, Florida.
• BH3 and Merrimac VenturesflagshipStrategic or Co-development PartnerDevelopment partnership building Watson Harbour luxury condo project on Watson Island, Miami Beach.

Scale indicators8 records

Expansion highlights4 records

Direct peers

• Douglas Elliman: Large national luxury real estate brokerage with a strong Florida presence. Cited alongside Knight Frank in reporting on Miami's super-prime ($10M+) sales surge; directly competes for the same developer mandates and buyer representation at the top of the market.
• Engel & Völkers: International luxury real estate brand with active Florida presence. Targets the same international luxury buyer segment (Europe, Latin America) purchasing Miami residential property.
• The Corcoran Group: Luxury-led residential brokerage with established Miami and Florida operations. Competes for the same ultra-high-net-worth buyer pool and preconstruction sales opportunities in Miami Beach, Brickell and Bal Harbour.
• Premier Estate Properties: Florida-focused luxury residential brokerage specializing in ultra-high-end homes. Competes for similar high-ticket single-family estate and luxury condo listings across South Florida, including Miami-Dade County.
• ONE Sotheby's International Realty: Miami-headquartered luxury residential brokerage affiliated with Sotheby's International Realty network. Competes head-to-head for the same high-net-worth buyers, branded condo preconstruction sales, and South Florida luxury listings across Miami-Dade and Broward.
• Fort + Laud (formerly Tonino Group / Alex Boedtker): Miami-based luxury sales and marketing boutique focused on branded condominium developments. Competes for the same developer sales mandates on projects like St. Regis, Aston Martin and Baccarat in the South Florida luxury pipeline.
• Cervera Real Estate: Major South Florida luxury real estate brokerage where Pedro J. Velasco is affiliated. Operates in the same Miami luxury condo and new development sales channel, sharing inventory and developer relationships across Brickell, Miami Beach, Surfside and Sunny Isles.

Broad incumbents

• Compass: Tech-enabled national brokerage with significant share of luxury real estate. Operates in Miami against this firm, with broader agent tools and capital programs that compete for top producers and buyer mandates.
• Coldwell Banker Realty (NRT): Established national residential brokerage with a substantial agent network in Florida. Competes in the broader Florida luxury market and offers scaled agent and marketing infrastructure against boutique luxury practices.

Others

• Related Group (sales arm): Major Miami developer behind St. Regis Residences, Baccarat and other luxury condo projects. Functions as a developer/partner rather than competitor, but operates an internal sales platform on Related properties that captures share otherwise available to affiliated brokerages like Cervera.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/miamirealestate

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Miami Real Estate