Miami Dossierby Metrik WhatsApp the Desk
Trusted Market Intelligence™

What should you ask before reserving in the Design District or Wynwood?

For the buyer who has walked the galleries, liked a gallery of a different kind, and is being asked for a cheque before the contract exists.

This page explains. Whether the building suits you is a separate conversation. Contact the desk at Miami Dossier for the current position on any building we cover.

The short answer

Ask six things, in writing, before you reserve. What the reservation binds, and whether the deposit is refundable in full until the contract. Who the developer of record is, and what is filed with the state. What is left, on which floors and at what published entry price. When the building is expected to finish, and what the agreement will say about delay. How the deposits are staged and who holds them. And which documents you receive with the contract that start the 15 day clock. The three buildings on our file answer differently: Kempinski Residences is a two tower pre-construction project at the district's gateway, From $3,700,000; Fouquet's is the district's own hotel and residences tower with a filed offering and staged deposits, pricing on request; NoMad Residences Wynwood is finished and furnished with nine units on the August list, From $815,900, so there is no reservation stage at all.

What does a reservation actually bind?

In Florida pre-construction, a reservation is usually a placeholder, not a purchase. The buyer pays a deposit into escrow, the developer holds a unit or a line for a period, and either side may walk away before the contract, with the deposit returned. The purchase agreement is where the binding terms begin. Ask each sales team for the reservation agreement itself and read three lines: the refund clause, the conversion deadline, and what happens to the price if the developer's list moves before you sign. Our page on when a Miami pre-construction reservation becomes binding explains the sequence, and where your deposit actually sits explains escrow.

At Kempinski, sales are by ISG World for DaGrosa Capital Development Partners; ask whether a reservation is per line or per tower, because the two towers carry the same four lines per floor with different sizes. Read Kempinski: reservation vs contract. At Fouquet's, sales are by Corcoran Sunshine for RFD MDD Residences LLC; ask whether the reservation converts into the filed purchase agreement without changes. Read Fouquet's: reservation vs contract. At NoMad there is no reservation; the building opened in May 2026, and a buyer goes to contract on a finished unit.

From the coverageAll buildings ›
Who is the developer of record, and what is filed?

The name on the reservation, the purchase agreement, the escrow receipts and the deed should be one entity. Ask for it.

At Fouquet's, the developer publishes the entity, RFD MDD Residences LLC, and the offering filing, CPS-12 file CP26-0012, with Raycliff Capital, Fort Partners, Miami Design District Associates and Constellation Hotels Holding behind it. Ask for the filed documents and for the construction lender once the loan is placed. At Kempinski, the developer is DaGrosa Capital Development Partners; ask for the filing number and the entity that will sign. At NoMad, Related Group with Tricap and Sydell Group are the developers; the building is finished, so ask instead for the recorded declaration and the association's first budgets.

Read how to verify a developer's record for the public sources, and who is building Kempinski Residences for the names on file.

What is left, and on which floors?

A sales gallery shows the building; the availability list shows what you can buy. Ask for the list dated today, with the line, the floor, the area as the documents define it and the published price.

Kempinski publishes about 132 residences, 64 per tower, six townhomes and 18 guest suites sold to residents only, in four lines per floor: in the South Tower, Line 01 at about 3,102 square feet with four bedrooms and Line 03 at about 2,505 with two; in the North Tower, Line 01 at about 2,685 with three and Line 04 at about 2,225 with two, every line with a den. Ask which lines remain in each tower and on which floors. Read the floor plans and unit mix at Kempinski.

Fouquet's publishes 143 residences of one to four bedrooms in a 25 storey tower, many with dens; ask for the plans by line, which the filed materials on our file do not carry in detail. NoMad's developer list of 7 August 2026 carried nine remaining units of 528 to 931 square feet, about 90 percent sold; ask for today's list, because nine is a number that changes.

When will it finish, and what do you pay before then?

Kempinski publishes no delivery date in the material on our file; Fouquet's is pre-construction with its deposit structure published as stages at contract, groundbreaking and top off, the majority at closing; NoMad is open. Ask each pre-construction developer for the estimated completion in the purchase agreement, the outside date, and the extensions the agreement allows for weather, permits and force majeure. Read delivery timelines and how they slip for what the clauses mean, and what happens to your deposit if a project is not built for the end of the road.

Then ask for the deposit schedule as a table: the percentage at reservation, at contract, at each milestone and at closing; who the escrow agent is; and what portion may be released to construction under Florida's statute. Read the pre-construction deposit schedule explained and the deposit schedule at Fouquet's.

Before you leave the gallery

Ask for the five things that start the 15 day cancellation clock when the contract arrives: the declaration, the articles and bylaws, the rules, the estimated operating budget and the plans. A sales team that sends them before the reservation is telling you something about the building. Ask what the brand costs the budget: at Kempinski, a licence and daily management by Kempinski Group with no hotel; at Fouquet's, a hotel in the tower and a shared facilities agreement; at NoMad, a Sydell Group licence and a rooftop restaurant with its own elevator. Read what the branded residence premium buys.

Then read the ownership file for a Design District or Wynwood condo for where every answer is filed, and what should you ask before reserving at a Brickell tower for the same questions across the river. The Design District zone page places all three. The desk puts the six questions to each developer in writing and reads the answers with you before any money moves.

The Shift

What the desk holds on Miami Design District and Wynwood

Contact the desk at Miami Dossier for the current plans, pricing and availability as the developer releases them, discussed one to one.

The plans by line, and which lines are left. The developer’s current release, not the brochure’s.
The deposit schedule. Proportions, trigger dates, and where the money sits.
What the sales gallery will not volunteer. The view lines that close, the floors that trade first, the association budget.
Where we would not proceed. Sometimes the answer is a different building. Sometimes it is not yet.

WhatsApp the desk · 305.588.4547·[email protected]

Common Questions

Questions buyers ask

Is a reservation deposit refundable in Florida?
Usually, in full, until the purchase agreement is signed, because a reservation is a placeholder and not a purchase. Read the reservation agreement's refund clause; it, not the custom, decides.
Who is the developer of Fouquet's Miami?
The developer entity is RFD MDD Residences LLC, with Raycliff Capital, Fort Partners, Miami Design District Associates and Constellation Hotels Holding named, per the developer. The offering is filed as CPS-12 file CP26-0012.
Who is the developer of Kempinski Residences Miami Design District?
DaGrosa Capital Development Partners, with sales by ISG World, Arquitectonica on architecture, Rockwell Group on interiors and Kempinski managing the building under licence, per the developer.
Can you still buy at NoMad Residences Wynwood?
The developer's price list of 7 August 2026 carried nine remaining units of 528 to 931 square feet, about 90 percent sold, From $815,900. Ask for today's list; the number changes.
What is the entry price at Kempinski Residences?
From $3,700,000, per the developer brochure. Fouquet's publishes no entry price; pricing is released on request. NoMad Residences Wynwood starts From $815,900 on the August 2026 list.
How are deposits staged at Fouquet's?
At contract, groundbreaking and top off, with the majority at closing, held in escrow under Florida's condominium statute, per the developer. The schedule itself is in the purchase agreement; ask for it as a table.Read the full answer
When will Kempinski Residences be finished?
The material on our file carries no delivery date. Ask for the estimated completion in the purchase agreement, the outside date and the extensions the agreement allows.
What documents start the 15 day cancellation period?
The declaration, the articles and bylaws, the rules, the estimated operating budget and the plans, delivered with the contract. The period runs from signing or from receipt, whichever is later.
Does Kempinski Residences have a hotel?
No. The developer publishes no hotel on the site; Kempinski Group manages the building under licence, and 18 guest suites are sold to residents only.
What should I bring to a sales gallery?
The six questions on this page, in writing, and the discipline not to reserve the same day. Ask for the reservation agreement, the availability list and the condominium documents, and read them at home.Read the full answer
The Intelligence Report

Read the market from the inside.

A private report on the Miami market, sent when there is something worth knowing. No noise, no listings, no pressure.

A sense of the standardSee all buildings ›
Before You Act On Any Of This

Before you act on any of this

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. Where a question is legal, tax or structuring, we introduce you to advisers who handle that properly rather than answering it ourselves.

WhatsApp the desk · 305.588.4547·[email protected]

Who answers this page

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.

WhatsApp the deskEmail the desk