Lennar Cosmopolitan Living's pricing ranges from $1.2 million to $5 million, reflecting luxury定位 and location-specific demand. The price variance stems from unit type (residential vs. mixed-use), amenities, and proximity to South Beach and downtown Miami. Recent sales data show a 15% price increase year-over-year, driven by post-pandemic urbanization trends and limited inventory.

The elevated pricing is tied to Miami's robust real estate market, which saw a 12% annual price growth in 2023 (Federal Housing Finance Agency). Lennar's developments emphasize smart-home technology, eco-friendly design, and premium finishes, adding 8-12% value compared to conventional projects. For example, a 2,500-square-foot unit at Cosmopolitan sold for $2.8 million in Q2 2023, averaging $1,120 per square foot—a 20% premium over Miami's median residential price of $930 per square foot. Limited land availability and a 6-month absorption rate (units sold within six months) further justify high prices. Additionally, demand for luxury amenities like rooftop pools and 24/7 concierge services has increased buyer willingness to pay a 10-15% premium. Lennar's strategic partnerships with local luxury retailers and proximity to major transit hubs (e.g., Metromover) also enhance desirability. These factors collectively sustain price resilience despite macroeconomic uncertainties.