MIAMI—Brickell and Downtown Miami are hardly the only areas of South Florida condo developers are targeting in this new wave of projects. Beachfront properties are, of course, also en vogue with foreign buyers and affluent Americans. We caught up with two leading industry players to get their predictions on condo development prospects beyond the urban core.

Alicia Cervera Lamadrid, managing partner of Cervera Real Estate, which has exclusive sales listings on a number of condo projects rising from Miami's dirt, predicts we will see continued and passed absorption of the projects that were introduced to the market in 2013.

“Construction will begin on several new buildings in the first and second quarters of the year resulting in much-needed new inventory introduced to the market,” Lamadrid tells GlobeSt.com. “Areas near the urban core that were overlooked during the last development cycle will make their debut this year."