This note is a lifestyle read on Faena Residences Miami Beach in Downtown Miami, Miami-Dade: what daily life around the building actually offers, and how the project's own verified profile fits that picture. This article is written to complement the project's own buyer guide on this site rather than repeat it. Every factual claim below carries a dated source, cited inline and opening in a new tab, and anything that could not be verified reads exactly "Contact for current information."
The lifestyle case for this neighborhood
Faena Residences Miami Beach is an under-construction Condominium in Downtown Miami, Miami-Dade , developed by Fortune International Group & Kar Properties with Faena Group. The building holds 434 residences across 68 (two towers connected by sky bridge), with 1-4 bedroom residences, penthouses, crown residence. The developer attribution is verified against a dated public source (Official developer site, verified November 2026). As with any new construction, the facts that matter most are the current ones: today's price list, today's availability, and today's timeline, all of which move as phases sell.
The verified record on this page shows the project as under construction. That status carries a dated citation (Markets of Tomorrow and South Florida Business Journal, verified November 2026). The completion evidence reviewed for this article points to Early 2030 (est.); some listings still cite 2029. See the citation (Miami Herald reporting, November 2025, verified November 2026).
Reported pricing for the project has been published from roughly Standard residences cited from ~$1M-$1.4M; earlier price guides listed $1.3M-$6.8M; Crown Residence penthouse listed at ~$39.5M. Published price-list dates are only reference points: the figures shown are the ones the cited sources recorded, and current pricing changes as phases sell. Contact for current information on today's price list.
The verified record
Each fact below is one this article could confirm against a dated, clickable source. Facts carry the verification date recorded with them (verified November 2026); where a fact could not be verified, this article says so plainly and reads "Contact for current information" rather than guessing.
- Developer partnership and names Official developer site , verified November 2026.
- Two 68-story towers, 434 residences, 45,000 sq ft sky bridge Official developer materials and press reporting , verified November 2026.
- Architecture by Rafael Viñoly Architects; interiors by Bryan O'Sullivan Studio Forbes and developer materials , verified November 2026.
- Groundbreaking targeted late 2025/early 2026 with 2029 delivery Miami Herald reporting, November 2025 , verified November 2026.
- $39.5M Crown Residence penthouse unveiled September 2026 World Red Eye reporting, September 2026 , verified November 2026.
- Construction financing closed October 28, 2026 with an $817M loan from Tyko Capital, reported as the largest construction loan in Florida history; groundbreaking followed in November 2026 Markets of Tomorrow and South Florida Business Journal , verified November 2026.
- Twin 68-story towers on the Miami River with about 440 condominiums connected by a sky bridge; architecture by Rafael Viñoly Architects; interiors by Bryan O'Sullivan Studio Official project materials and press reporting , verified November 2026.
- Most recent reporting puts delivery in early 2030; Crown Residence penthouse unveiled September 2026 and listed at $39.5M World Red Eye , verified November 2026.
What to confirm before you commit
The buyer-guide page for Faena Residences Miami Beach on this site walks the full spec sheet: floor plans, finishes, deposit structure, and the developer contract. This article deliberately does not repeat those details. Before any decision, confirm the items that always move:
- The current price list and any published price-list dates, including what is actually available at that price. Contact for current information.
- The deposit schedule and cancellation terms, confirmed in writing with the developer. Contact for current information.
- Monthly HOA or condominium fees, the reserve position, and any special assessments on the table. Contact for current information.
- Rental rules and any board approval or right of first refusal that applies to the building. Contact for current information.
- The current completion timeline and what happens if it slips. Contact for current information.
How it fits your strategy
Start with the full buyer guide for Faena Residences Miami Beach, then use the new construction directory to compare it against every other tracked project. The guide to buying new construction explains deposits, timelines, and incentives, the luxury homes overview positions it against the wider market, and the consultation page is where a private conversation about this project starts.
Nearby developments to compare
- Waldorf Astoria Hotel & Residences Miami , listings from about $1.2m; developer-side reports put remaining residences from about $3.15m; penthouses up to ~$50m, Downtown Miami. See the full buyer guide for current details.
- 888 Brickell , from ~$2.2m (one-bedroom presale entry) to ~$88m penthouse collection, Brickell. See the full buyer guide for current details.
- 7200 Collins , from ~$550k up to roughly $2.5m-$2.7m for larger and upper units, North Beach. See the full buyer guide for current details.
Written by Kelby Contreras, Florida Luxury Real Estate. Prices, availability, and completion dates change frequently; confirm current terms before committing.
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