Faena Residences Miami, Prices, Floor Plans & Pre-Construction Details
440 luxury residences across twin 68-story towers connected by a Sky Bridge at 700+ feet, from $1,300,000. Developed by Fortune International Group & Kar Properties. Designed by Rafael Vinoly Architects with Bryan O'Sullivan Studio interiors. 327 feet of Miami River frontage.
Faena Residences Miami: The Brand That Redefined Miami Beach Is Coming Downtown
If you know the Faena name, you already understand what this project means. When Alan Faena transformed a forgotten stretch of Collins Avenue in Mid-Beach into the Faena District, he did not just build a hotel. He created an entire cultural ecosystem: a theater designed by Rem Koolhaas, a Damien Hirst mammoth in the lobby, a live performance series that draws from Buenos Aires to Basel. The Faena brand carries weight in art, hospitality, and luxury real estate circles that very few developers can match. Now that identity is being applied to a 440-unit residential project on the Miami River, and the development team behind it has the credibility to execute. Fortune International Group has completed over $10 billion in South Florida real estate. Kar Properties built 565 Broome SoHo with Renzo Piano. Together, they commissioned Rafael Vinoly Architects to design twin 68-story towers connected by a three-story Sky Bridge at 700+ feet. This is not a quiet entry into the downtown market. This is a statement.
Rafael Vinoly, whose portfolio includes 432 Park Avenue in New York (the Western Hemisphere's tallest residential tower at the time of its completion) and the Tokyo International Forum, brings a particular sensibility to vertical architecture. His twin-tower design for Faena is structurally ambitious. The Sky Bridge connecting both towers at roughly 700 feet above ground houses three floors of amenities, including a restaurant with a bar and lounge, an infinity pool with an underwater sound system, and The Pistol, a DJ-driven cultural venue that extends Faena's arts programming into the residential experience. I have toured dozens of amenity decks across Miami's pre-construction market, and nothing currently in development matches the scale or concept of what Faena is proposing at the Sky Bridge level. Bryan O'Sullivan Studio, the Irish-born London-based designer behind Four Seasons Surf Club's renovation and several high-profile Faena properties, is handling the interiors. Sasaki Associates, the landscape architecture firm, is designing the riverfront gardens and grounds.
The wellness program at Faena Residences is unlike anything else in Miami residential development. The Spa Penthouse, which the developers describe as "Miami's first Sauna Penthouse," occupies its own dedicated floor and includes botanical steam rooms, salt passages, a hammam, cold plunge pools, red-light infrared saunas, a longevity clinic, a glam room, and a beauty arcade. The fitness level features a 25-meter smart pool, Pilates and yoga studios, a weight and cardio room, and an outdoor terrace. There is also a padel court, a children's nursery and play area, a pet spa, and an immersive room. According to Knight Frank's 2025 Wealth Report, wellness amenities are now the number-one driver of purchase decisions among ultra-high-net-worth buyers globally. Faena has built its entire amenity stack around that trend.
The Miami River corridor is the story within the story. For years, downtown Miami's river frontage was underused, mostly industrial and commercial. That is changing fast. The Waldorf Astoria is under construction nearby. Baccarat Residences is rising on the river's eastern bank. Major restaurant groups have moved in along the waterfront. The city has invested in the Miami Riverwalk, a continuous pedestrian path along both banks that will eventually connect Brickell to the bay. Faena's 327 feet of river frontage, combined with a porte cochere arrival, fire pits, cabanas, and lap pools at the ground level, positions the project to take full advantage of this transformation. For buyers who recognize that Miami's downtown river corridor in 2026 is where Wynwood was in 2014 or Brickell was in 2010, the timing is significant.
Pricing from $1.3M to $6.8M+ puts Faena in a competitive range against other branded towers in the market, but the cultural identity of the brand gives it a different buyer profile. Faena buyers tend to be art collectors, entrepreneurs, and globally mobile individuals who are drawn to lifestyle as much as location. The twin-tower format with 440 total units also creates a broader product mix, from compact 712 sqft one-bedrooms to 7,676 sqft penthouses, than most single-tower projects. For an independent, unbiased comparison of how Faena stacks up against competing downtown and Brickell launches, contact me directly. I work with buyers across every active pre-construction project in the market and can walk you through floor plans, pricing, and deposit structures side by side. Call 305-964-8614 or visit the contact page to get started.
"Faena is not just a building. It is a cultural brand with real weight in the luxury world, and the Sky Bridge concept at 700 feet is the kind of differentiator that holds value over time. For buyers who want more than four walls and a view, this project delivers an identity."
Gerardo Gonzalez, Licensed Agent at Compass
Residence Features & Finishes
Bryan O'Sullivan Studio designed every residence with a focus on natural light, material richness, and spatial flow. Key specifications include:
- Floor-to-ceiling impact-resistant glass
- 10-foot deep terraces with panoramic views
- Private elevator vestibules
- Pre-wired smart home technology
- Wide-plank European oak flooring
- Italian cabinetry with integrated hardware
- Natural stone countertops and backsplash
- Sub-Zero and Wolf appliance package
- Integrated wine storage
- Under-cabinet lighting
- Full-slab natural stone walls and floors
- Freestanding soaking tub (select units)
- Rain shower with body jets
- Backlit vanity mirrors
- Heated towel bars
- Pre-wired for full smart home automation
- High-velocity central A/C with air purification
- Electric vehicle charging infrastructure
- High-speed fiber optic connectivity
- Impact-rated windows and doors throughout
Floor Plans & Unit Types
Contact us for current availability and pricing on specific units. Four distinct product types across twin towers: standard residences, River Lofts, Sky Lofts, and Penthouses.
Tower residences
River, city, or bay views
Tower residences
Panoramic river & skyline views
River Lofts (lower) & Sky Lofts (upper)
Double-height living, 10ft terraces
Upper floors, both towers
360-degree panoramic views
Deposit Structure
Faena Residences Miami requires a total deposit of 50% of the purchase price, staged across five construction milestones. This is standard for luxury pre-construction in the Miami market. The remaining 50% is due at closing.
| Milestone | % Due | Estimated Timing |
|---|---|---|
| Reservation Deposit | 10% | At reservation |
| Contract Execution | 10% | At contract signing |
| Groundbreaking | 10% | Upon groundbreaking |
| 30th Floor Milestone | 10% | Mid-construction (projected 2027) |
| Top-Off | 10% | Structural completion (projected 2028) |
| Balance at Closing | 50% | 2029 (estimated delivery) |
Deposit structure is subject to change and should be verified with the developer's sales team prior to contract execution. International buyers: ask Gerardo about wire transfer procedures, FIRPTA implications, and currency considerations specific to your country of origin.
Amenities & Building Features
Faena Residences features one of the most extensive amenity programs in the Miami market, anchored by the three-story Sky Bridge at 700+ feet and a full-floor Spa Penthouse.
Sky Bridge (700+ Feet, 3 Floors)
Spa Penthouse (Full Floor)
Fitness & Recreation
Ground Level & Lobby
Life on the Miami River Corridor
The Miami River corridor is experiencing a transformation that mirrors what happened in Brickell a decade ago. What was once an industrial waterway lined with marine supply yards is rapidly becoming one of the most sought-after residential addresses in the city. Major restaurant groups have opened along the riverbanks. The Waldorf Astoria and Baccarat Residences are both under construction within walking distance. The city's Miami Riverwalk project will create a continuous pedestrian and cycling path connecting Brickell to the bay. Faena's 327 feet of direct river frontage positions it at the center of this change. Downtown Miami offers direct access to the Brightline station (high-speed rail to Fort Lauderdale and West Palm Beach in under an hour), the Metromover free circulator, and I-95 and I-395. Miami International Airport is 15 minutes west. Brickell's restaurants and retail are a short walk south. The Adrienne Arsht Center and Perez Art Museum Miami (PAMM) are minutes north. For residents who move between cities and value connectivity, this location is hard to beat.
Construction Timeline
All projected dates are estimates provided by the developer and are subject to change. Last updated Q2 2026. Contact Gerardo Gonzalez for the most current construction updates.
Investment Analysis
The Downtown Miami and Miami River corridor has posted strong price appreciation driven by transit infrastructure improvements, corporate relocations, and a persistent shortage of new luxury product. Here is how Faena Residences stacks up as an investment. Past performance does not guarantee future results.
Downtown Miami's average price per square foot has grown significantly over the past decade, driven by the Brightline high-speed rail connection, a wave of corporate relocations from the Northeast, and the broader rerating of Miami as a Tier 1 global city. According to the Miami Association of Realtors, downtown condo prices have increased approximately 85% since 2015, with the Miami River sub-market outperforming the broader downtown average due to its waterfront character and scarcity of new luxury supply. Faena Residences enters this market with a brand that already commands premium pricing in Miami Beach, where Faena Hotel residences have historically traded at 30-40% premiums to comparable non-branded product in the area.
The branded residence premium is well documented globally. According to Knight Frank's annual Branded Residences Report, branded properties command a 25% average premium on resale. In Miami, where international buyers frequently make decisions based on brand trust and cultural recognition, this premium tends to be even more durable. The Faena brand, with its roots in art and culture rather than traditional hospitality, appeals to a specific buyer who values identity and experience. That buyer profile tends to be less price-sensitive on resale and more loyal to the brand, which supports long-term value retention. The twin-tower format with 440 units also creates a larger owner community, which typically leads to a more active and liquid resale market compared to boutique buildings with fewer than 100 units.
Disclaimer: All projections are market estimates only and do not constitute financial or investment advice. Consult with a licensed financial advisor and real estate attorney before making investment decisions. Past neighborhood appreciation does not guarantee future results at this or any specific property.
Frequently Asked Questions
Residences start at approximately $1,300,000 for a 1-bedroom unit of about 712 sqft. The price range extends to over $6,800,000 for penthouses and Sky Lofts up to 7,676 sqft. The project includes 440 total residences across twin 68-story towers. Contact us for current availability and specific unit pricing.
Total deposits equal 50% of the purchase price, spread across 5 milestones: 10% at reservation, 10% at contract execution, 10% at groundbreaking, 10% at the 30th floor, and 10% at top-off. The remaining 50% is due at closing. This structure is standard for luxury pre-construction in the Miami market.
The project is a joint venture between Fortune International Group, one of South Florida's most experienced developers with over $10 billion in completed projects, and Kar Properties, the New York-based firm behind 565 Broome SoHo designed by Renzo Piano. The design team includes Rafael Vinoly Architects, Bryan O'Sullivan Studio (interiors), and Sasaki Associates (landscape).
The estimated completion is 2029. The project is currently in pre-construction with sales actively underway. Fortune International Group has a strong track record of delivering major projects in South Florida. As with all pre-construction, the timeline is subject to adjustment based on permitting and construction conditions.
The Sky Bridge is a three-story amenity structure connecting the twin towers at 700+ feet above ground. It includes a full restaurant with bar and lounge, The Pistol (a DJ-driven cultural venue), an infinity pool with underwater sound system, a golf simulator, game room, screening room, cabanas, and jacuzzi. It is designed by Rafael Vinoly and is one of the most architecturally ambitious residential amenity concepts currently in development in Miami.
Yes. Fortune International Group has extensive experience with international transactions, and the Faena brand has global recognition from its Miami Beach, Buenos Aires, and New York properties. Gerardo Gonzalez at LuxuryDade is bilingual (English/Spanish) and can guide international buyers through the full process, from contract review to wire procedures and closing logistics.
Get Pricing, Floor Plans &
Availability for Faena Residences Miami
As an independent advisor, Gerardo Gonzalez provides unbiased guidance, not a developer sales pitch. Get the full picture on Faena, including what is actually still available and how it compares to competing luxury launches downtown and in Brickell before you commit.
Or call directly: 305-964-8614 | [email protected]
Also Consider These Developments
Other pre-construction projects in Downtown Miami, Brickell, and nearby neighborhoods worth comparing.








