After Surfside, Florida rewrote the rules for every condominium of three storeys or more. A new building like Faena Residences Miami starts under them. Here is what that means at contract.
This page is a framework. Whether the building suits you is a separate conversation. Contact the desk at Miami Dossier for the current position on any building we cover.
A milestone structural inspection by an engineer when a building reaches a set age, earlier near the coast. A structural integrity reserve study on a schedule. Reserves for structural items that may not be waived. The regime binds the association, which means it binds the budget every owner pays into.
Faena Residences Miami: One- to four-bedroom residences plus River Lofts; interiors from 711 square feet for a one-bedroom per the June 2026 availability sheet; total residence count not in the filed materials.. As the dossier records.
Read it against the Kempinski Residences Miami Design District dossier for the nearest comparison.
The estimated first budget showing structural reserves as a funded line. The schedule for the first reserve study. The developer’s structural warranty terms. The engineer of record and the inspection the building passed at completion.
A building that funds reserves from year one has a higher monthly line and a lower chance of an assessment. A buyer comparing two buildings on monthly cost alone will prefer the underfunded one; a buyer reading the reserve line will not.
Show me the structural reserve line and the date of the first study. The desk has the budget.
The cheapest monthly cost is sometimes the most expensive building.
Developer materials for Faena Residences Miami as carried on the live dossier, verified September 2026. Compiled by the desk at Miami Dossier; figures are approximate and the developer’s.
Contact the desk at Miami Dossier for the documents behind this note, read one to one with you and your advisers.
A private report on the Miami market, sent when there is something worth knowing. No noise, no listings, no pressure.
Received. A note from the desk is on its way. If it has not arrived within a few minutes, please check your spam folder and mark it as not spam, so we can reach you.
We hold no listings and we are not the developer. Contact the desk at Miami Dossier and we will tell you what applies to your situation, what does not, and where we would not proceed. On this topic that means the document before the opinion. Where a question is legal, tax or structuring, we introduce you to advisers who handle that properly rather than answering it ourselves.
Miami Dossier is the private buyer advisory of Metrik Real Estate, built to represent buyers in Miami pre-construction. Principal: Samuel Strauch.
A person replies within 24 hours, usually much sooner. On weekends, back on Monday morning.
