The project
Faena Residences Miami is a two-tower development on the Miami River at 24 SW 4th Street in Downtown Miami, developed by Fortune International Group and Kar Properties under the Faena brand, with architecture by Rafael Viñoly Architects. Two 68-story towers hold roughly 434 residences, connected by a 45,000-square-foot sky bridge.
The Faena name is synonymous with Miami Beach's cultural district, and this project brings that service culture to the riverfront. Its position on the Miami River, minutes from Brickell and the bay, gives it a distinct address in the Downtown pre-construction set.
Project snapshot
Faena Residences Miami Beach at a glance.
The facts below are drawn from this guide and from the developer's published materials. Where a fact is not verified, the page says so plainly rather than guessing.
- Location / County
- Miami (Downtown, Miami River), Miami-Dade County
- Residence types
- Condos; penthouses; sky bridge residences
- Status
- Pre-Construction
- Estimated completion
- 2029 (est.)
- Published pricing
- From ~$1.3M
- Developer
- Fortune International Group & Kar Properties
- Rental restrictions
- Contact for current information
Information reviewed October 2026. Prices, availability, and completion dates change frequently. Confirm current terms with the developer or a licensed advisor.
- Developer partnership and names: Source: Official developer site, verified October 2026
- Two 68-story towers, 434 residences, 45,000 sq ft sky bridge: Source: Official developer materials and press reporting, verified October 2026
- Architecture by Rafael Viñoly Architects; interiors by Bryan O'Sullivan Studio: Source: Forbes and developer materials, verified October 2026
- Groundbreaking targeted late 2025/early 2026 with 2029 delivery: Source: Miami Herald reporting, November 2025
- $39.5M Crown Residence penthouse unveiled September 2026: Source: World Red Eye reporting, September 2026
Sources consulted for this guide
- Faena Residences Miami official developer site
- Miami Herald project reporting, November 2025
- Forbes project profile, May 2025
- World Red Eye Crown Residence announcement, September 2026
Source links open in a new tab and are provided for verification only. Facts carry the verification date recorded above; prices, availability, and timelines change and require sales-gallery confirmation.
Verified facts carry the source links above, each pointing to the original public source where one is available. Everything else on this page is marked Not verified or Contact for current information. This page never hosts or hotlinks external files, renderings, brochures, or floor plans; where a document exists only on the developer's site, the source link above is the reference.
At a glance
Faena Residences Miami Beach in Downtown Miami, in numbers.
County
Miami-Dade
City
Miami Beach
Neighborhood
Downtown MiamiDeveloper
Fortune International Group & Kar Properties with Faena Group
Address
24 SW 4th Street, Miami
Price range
From ~$1.3M
Starting price
~$1.3M
Residences
434
Floors
68 (two towers connected by sky bridge)
Sales availability
Over 20% sold (90+ residences) with $300M+ in sales as of November 2025; 2029 delivery target
Est. completion
2029 (est.)
Residence types
1-4 bedroom residences, Penthouses, Crown Residence
Construction status
Pre-Construction
Property category
Condominium
Design & architecture
Architecture by Rafael Viñoly Architects; interiors by Bryan O'Sullivan Studio
Official website
Official project siteGallery
Renderings and interiors.
Developer renderings and interior imagery are updated as phases release. Current documents are shared privately with registered buyers.
Interior renderings on request
Floor plans on request
Pricing & availability
What Faena Residences Miami Beach costs today.
The advertised starting price is the developer's published entry point. Available units, real pricing bands, and incentives change as phases sell, so we confirm current terms with the sales team before you commit capital.
- Advertised starting price
- ~$1.3M
- Published price range
- From ~$1.3M
- Available units / sales status
- Over 20% sold (90+ residences) with $300M+ in sales as of November 2025; 2029 delivery target
- Price by bedroom configuration
- From about $1.3M-$1.5M, with premium residences to about $10M; a $16M condo sale recorded by November 2025
- Penthouse pricing
- Crown Residence penthouse unveiled September 2026 at $39.5M
- Deposit schedule
- Deposits typically run 20% to 30% staged across contract and construction milestones, held in escrow. With construction slated to begin in late 2025 and delivery around 2029, buyers should plan financing that can wait.
- Developer incentives
- Contact for current information
Current pricing sheet for Faena Residences Miami Beach.
Price lists, deposit schedules, and any developer incentives are shared privately with registered buyers after the sales team confirms today's numbers.
Request current pricingWhere a number is not published on this page, the row reads Contact for current information rather than guessing. Never treat an advertised starting price as the price of a specific available unit.
Architecture & residences
The building and residences at Faena Residences Miami Beach.
The building profile below records what this page verifies about the tower and its residences: floor counts, unit mix, dimensions, finishes, and views. Anything the page does not state is marked Not verified rather than guessed. Layouts, dimensions, and pricing change as phases sell, so current floor plan documents, view matrices, and availability are shared with registered buyers.
- Towers / floors
- 68 (two towers connected by sky bridge)
- Total residences
- 434
- Residence types
- 1-4 bedroom residences, Penthouses, Crown Residence
- Square footage
- One & Two Bedroom: Entry residences; Three Bedroom: ~1,800-2,600 sq ft; Penthouses: Floors 67-68
- Ceiling heights
- Not verified
- Finishes
- Not verified
- Kitchens
- Not verified
- Baths
- Not verified
- Smart-home features
- Not verified
- Parking & storage
- Not verified
- Views
- Miami River, downtown skyline and bay views; sky bridge roughly 700 feet above the water
The floor plans at Faena Residences Miami Beach.
Layouts, dimensions, and pricing change as phases sell. We share current floor plan documents, view matrices, and availability with registered buyers.
One & Two Bedroom
1-2 bedroom · Entry residences
River and city views with Faena services.
Three Bedroom
3 bedroom · ~1,800-2,600 sq ft
Corner layouts with wraparound water views.
Penthouses
4+ bedroom · Floors 67-68
Crown residences with expanded terraces and sky bridge access.
Full floor plan documents, view matrices, and current availability are shared privately with registered buyers.
Request floor plansAmenities & lifestyle
The amenity program at Faena Residences Miami Beach.
The list below records every amenity this page verifies for the project. Where the status of an amenity is not documented on this page, confirm with the sales team whether it is planned or already operating before you rely on it.
45,000 sq ft sky bridge between towers
Faena-branded services and service culture
Riverfront pool decks
Spa and wellness
Private dining and chef services
Concierge and valet
Construction & completion
Where Faena Residences Miami Beach stands today.
Completion dates on new construction are estimates, not promises: they shift with permitting, financing, and the pace of the build. Announced milestones below are the ones this page records; anything unverified is marked plainly, and the current timeline should be confirmed with the developer before you plan around it.
- Construction status
- Pre-Construction
- Estimated completion
- 2029 (est.)
- Announced milestones
- Sales launched with 90+ residences (over 20%) sold and $300M+ in sales as of November 2025; groundbreaking targeted late 2025/early 2026; delivery estimated 2029
Estimated completion is the developer's target as recorded on this page and is not a verified delivery date. Where the timeline is not verified, current scheduling requires confirmation with the project's sales team.
Location & neighborhood
Where Faena Residences Miami Beach sits.
Address, neighborhood position, and nearby attractions below are recorded from this page's own project notes. Drive times, walk scores, and ratings are never invented on this site; where they are not documented here, the community guide is the best next step.
- Street address
- 24 SW 4th Street, Miami
- City
- Miami Beach
- County
- Miami-Dade
- Neighborhood
- Downtown Miami
- Position & nearby
- Miami River at 24 SW 4th Street, Downtown Miami, minutes from Brickell
- Transport notes
- Not stated on this page
Community guide
Downtown Miami
Explore Downtown Miami living, dining, and market context in the full community guide.
Explore the areaInvestment analysis
Why Faena Residences Miami Beach matters to luxury buyers.
Why buyers are drawn
Faena brings a proven luxury-service brand to the Miami River, a waterfront that is still being built out. The sky bridge, the Viñoly architecture, and the brand's cultural weight give the project an identity no other riverfront tower matches.
Market context
The Miami River corridor is emerging as Downtown's next frontier, between Brickell and the bay. Early riverfront product benefits from the district's build-out, and Faena's brand gives it a head start on resale recognition.
Deposit structure
Deposits typically run 20% to 30% staged across contract and construction milestones, held in escrow. With construction slated to begin in late 2025 and delivery around 2029, buyers should plan financing that can wait.
Appreciation outlook
Riverfront scarcity, a branded service platform, and architect-led design support long-term value. We price every unit against current Downtown evidence before advising.
Ownership considerations
What to know before you commit.
General guidance for new construction buyers. Building-specific details are marked "Not verified" where they have not been confirmed for this project.
- Short-term rental policy
- Not verified on this page; rental rules are confirmed in the governing documents before you commit
- Minimum rental period
- Not verified
- Leasing / owner-occupancy rules
- Not verified; confirm current leasing and occupancy terms with the sales team
- HOA / condo fees
- Not published on this page; request the current budget before you commit
- Financing notes
- Not verified on this page; the deposit schedule above records the financing model this page states for the project, and loan terms are confirmed before contract
Closing costs
Florida buyer closing costs typically include title insurance, lender fees, county recording charges, prorated property taxes, and Florida documentary stamp tax on the purchase price. The exact figure for this building is not published on this page, so confirm the current estimate before you sign. Not verified.
Not verified
HOA and condo fees
New towers typically assess monthly HOA or condominium fees covering common areas, amenities, insurance, and building staff, with special assessments possible for capital projects. Monthly fees and assessment history for this project are not published on this page; request the current budget. Not verified.
Not verified
Deposit process
Pre-construction purchases in Florida commonly require staged deposits across contract, groundbreaking, and closing milestones, held in escrow. The exact schedule for this project should be confirmed in writing with the developer before you commit. Not verified.
Not verified
Flood and wind insurance
Coastal properties carry flood and windstorm insurance requirements that can add meaningfully to monthly carrying costs, and premiums have risen across Florida. The current premium profile for this building is not published on this page; confirm with an insurance advisor. Not verified.
Not verified
Buyer questions
Faena Residences Miami Beach, answered.
Pricing, deposits, timelines, the developer, and the investment case, answered directly. For the broader picture on South Florida new construction, browse the full FAQ hub.
New Construction South Florida FAQsWhere is Faena Residences Miami located?
Faena Residences Miami is on the Miami River at 24 SW 4th Street in Downtown Miami, not on Miami Beach. The Faena brand is associated with Miami Beach, but this project is riverfront in Downtown.
What are the starting prices at Faena Residences Miami?
Starting prices are about $1.3 million, from $1,299,000, with residences ranging up to roughly $6.8 million depending on size and view.
When will Faena Residences Miami be completed?
Estimated completion is 2029, with construction slated to begin in late 2025. Delivery dates are developer estimates and shift with construction.
How many residences are in Faena Residences Miami?
The two towers hold approximately 434 residences, with each tower about 68 stories and upper penthouses on floors 67 and 68.
What is the sky bridge at Faena Residences?
A 45,000-square-foot sky bridge connects the two towers, carrying amenities and shared spaces between them at height, a signature of the project's design.
Who is developing Faena Residences Miami?
Faena Residences Miami is developed by Fortune International Group and Kar Properties, with the two 68-story towers designed by Rafael Viñoly on the Miami River in Downtown Miami. The project extends the Faena brand's cultural and design identity into the residential market.
What is the entry price at Faena Residences Miami?
Entry pricing starts around $1.3 million, with about 434 residences across the two towers. Pricing varies by floor, view, and phase, and we share current availability privately with registered buyers.
What is the completion timeline for Faena Residences Miami?
The project is in pre-construction with estimated delivery in 2029. Pre-construction timelines are targets, not promises, and we walk buyers through the deposit schedule and the delay provisions before they commit.
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