Faena Residences Brickell Location & Neighborhood
24 SW 4th Street, Miami, FL 33130
The Neighborhood
What's within reach.
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Miami River frontage Direct riverfront0.05 mi
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Brickell City Centre Walking distance0.5 mi
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Brickell financial district Walking distance0.5 mi
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Miami Beach Across causeway4.0 mi
Life at Faena Residences Brickell
Faena reinvigorated Miami Beach's luxury market a decade ago with Argentine flair anchored by the Faena Hotel and Residences Miami Beach. Faena Brickell — the brand's second Miami project — brings the same lifestyle programming to a 14-acre gated riverfront ecosystem.
14-Acre Gated Riverfront Community
Not just a tower — a 14-acre gated community with lush landscaping, water features, and extensive lifestyle programming. Permanent view corridors across the Miami River.
Twin Towers + Skybridge
440 residences spread across two twin towers connected by a striking skybridge — a distinctive architectural move uncommon in Miami high-rise development.
100,000+ sq ft of Amenities
Indoor and outdoor paddle courts, lush gardens, art and cultural programming, premium Faena-curated lifestyle services.
Cultural Programming Anchor
Faena is famous for its art, music, design, and cultural programming — Damien Hirst and Jeff Koons sculptures on Miami Beach, Vegas-style shows. Site-specific artworks throughout the project.
Top Sale Already at $16M
Pre-construction sales already exceed 20% with one buyer at $16 million (well above the $10M previously reported upper range).
Faena Residences Brickell Investment & Market Outlook
Why Brickell Pre-Construction Outperforms
South Florida pre-construction has historically delivered double-digit appreciation between contract and delivery, especially in branded residences. Brickell specifically has seen sustained demand from international buyers seeking US dollar-denominated real estate, tax advantages from Florida's no-income-tax structure, and currency hedging against home-market inflation.
Branded residences like Faena Residences Brickell typically command 25–35% price premiums over comparable non-branded inventory in the same submarket, and resale price retention has consistently outpaced the broader Miami condo index over the past decade.
Friends & Family Pricing
As pre-construction specialists with direct developer relationships, we offer qualified buyers access to friends-and-family pricing — typically 4–8% below current public release pricing — along with extended deposit schedules, custom unit selection, and priority on the most desirable exposures and floors.
Deposit Structure
Standard Brickell pre-construction deposit structures range from 20% at contract to 50% by delivery, with milestone payments at groundbreaking, top-off, and certificate of occupancy. Faena Residences Brickell follows the Brickell market standard. Our team can walk you through the full deposit schedule and any current developer incentives reducing the at-contract deposit requirement.
How to Reserve a Residence at Faena Residences Brickell
Pre-construction purchases follow a different path than resale transactions. Here's what to expect, step by step.
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01
Initial Consultation
We start with a 30-minute call to understand your goals — primary residence, investment, legacy asset — and walk you through current availability, pricing tiers, and the floor plans best suited to your needs.
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02
Floor Plan Selection & Reservation
Once you've narrowed your selection, a refundable reservation deposit (typically $25,000–$100,000) holds your residence for 14–30 days while contracts are prepared. You'll receive the full developer reservation package and the most current pricing for your specific unit.
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03
Contract & First Deposit
The purchase contract is executed with the developer, and the first deposit (typically 10–20% of the purchase price) is wired to the developer's escrow account at a Florida-licensed institution. All funds are protected under Florida pre-construction escrow law until milestones are reached.
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04
Construction Milestones
Subsequent deposits are released as construction reaches defined milestones — typically groundbreaking, top-off, and certificate of occupancy. You'll receive quarterly construction updates, photo documentation, and the option to tour the unit once interiors are roughed in.
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05
Closing & Delivery
At closing, the final balance is funded (cash or financing via approved lenders), title transfers, and you receive keys. Closing typically occurs 30–60 days after the developer issues the certificate of occupancy. Move-in coordination, designer access, and Mercedes-Benz/Bentley/Armani concierge enrollment all happen at this stage.
Faena Residences Brickell FAQs
Answers to the most common questions about Faena Residences Brickell pricing, amenities, and policies. For anything else, our team is here to help.
How much do Faena Residences Brickell cost?
Faena Residences Brickell pricing ranges from $1.19 million for 1-bedrooms to $6 million for premium layouts, with top sale already at $16 million. Penthouses 4,500+ sq ft from $6M+.
Where is Faena Residences Brickell located?
Faena Residences Brickell is located at 24 SW 4th Street along the Miami River — technically Miami River corridor adjacent to Brickell. The 14-acre site is gated with permanent view corridors across water and skyline.
Who developed Faena Residences Brickell?
Faena Residences Brickell is developed by Fortune International Group (led by Edgardo Defortuna) in partnership with KAR Properties. Both are Brickell-based real estate firms. The project also involves Faena Group (founder Alan Faena).
Who is Alan Faena?
Alan Faena is the Argentine hospitality entrepreneur who founded the Faena hotel brand — known for reinvigorating Miami Beach's luxury market with the Faena Hotel and Residences a decade ago. The brand is known for art, music, design programming, with Damien Hirst and Jeff Koons sculptures, gourmet restaurants, and Vegas-style shows.
Who designed Faena Residences?
Conceptual architecture by Uruguayan architect Rafael Viñoly. Faena Group curates the interior design and cultural programming.
When will Faena Residences Brickell be completed?
Groundbreaking is targeted between July and December 2026 with completion 38-40 months later — meaning 2029-2030 delivery.
How many residences does Faena Brickell have?
440 residences across twin towers connected by skybridge. 1-bedroom to 5+ bedroom layouts plus penthouses.
What is the skybridge?
A skybridge connecting Faena's twin towers at an upper floor — a distinctive architectural move uncommon in Miami high-rise development. The skybridge provides shared upper-level amenity space and visual interest.
