Miami’s real estate market continues to evolve—and now, it’s embracing cryptocurrency in a big way. Leading developer PMG (Property Markets Group) has announced a new partnership with payment processor Shift4, giving crypto holders a simplified, secure way to purchase condos across PMG’s Florida portfolio.

From Downtown Miami to Wynwood and Fort Lauderdale, buyers can now use crypto to invest in some of the most anticipated preconstruction condo developments in the state.

PMG Brings Crypto to Florida Real Estate

This crypto payment option is now available at all of PMG’s active projects, including:

Rather than accepting cryptocurrency directly, PMG uses Shift4 to handle the conversion. Buyers can use their digital wallets—Bitcoin, Ethereum, or stablecoins like USDT—to convert crypto into U.S. dollars, which are then used to finalize the purchase.

How It Works

To participate, buyers complete a simple verification process through Shift4, which includes Know Your Customer (KYC) documentation and an addendum to the sales contract. Once approved, the crypto is converted into USD and transferred to the developer—no need for buyers to handle conversions independently.

A Solution for Global Investors

PMG’s managing partner, Ryan Shear, noted that demand for crypto purchasing options has been growing, especially among international buyers.

“There’s a large group of people who hold crypto and want to use it to purchase real estate,” Shear said. “We wanted to make sure the process is safe and secure.”

Crypto transactions can be especially attractive for foreign investors facing banking restrictions in their home countries. By offering a direct conversion pathway, PMG removes common barriers and brings flexibility to the sales process.

A Track Record in Innovation

This isn’t PMG’s first time offering crypto-powered real estate deals. The company had previously partnered with FTX before the platform’s collapse in 2022. The new partnership with Shift4 reflects a more stable and secure approach to integrating digital finance with real estate.

PMG’s move comes on the heels of major construction financing wins, including $413 million for One Twenty Brickell and $215 million for 38 West Eleventh Residences—further solidifying its position as a leader in Miami’s urban core development scene.

The Future of Real Estate Transactions?

While crypto real estate deals in South Florida are still rare, they are gaining momentum. High-profile examples include the 2021 sale of a Surfside penthouse for $22.5 million in crypto and a 2018 home sale in Miami nearly fully transacted in Bitcoin.

PMG’s strategy suggests that crypto may soon become a standard option for luxury real estate transactions, especially in innovation-friendly markets like Miami.