Miami Dossierby Metrik WhatsApp the Desk
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Which Downtown Miami condo suits an executive buying a primary residence?

For the executive who has moved the job, or the company, to Miami and is buying Downtown as the primary residence, with a spouse's name, a lender and a board calendar to fit around the closing.

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

Three Downtown buildings answer, and only one of them publishes homes of four bedrooms today. Waldorf Astoria Residences Miami publishes 1 to 4 bedroom residences and furnished junior suites across 100 stories, ~360 homes managed by Hilton, From $3,300,000. Delano Residences & Hotel Miami publishes studios through 3 bedrooms in its released collection, ~421 finished homes across ~90 stories, From $760,000, with larger residences expected in later releases. Faena Residences Miami on the Miami River publishes one to four bedrooms plus River Lofts, delivery about 2028 or 2029, and no price. None publishes a delivery date for the two Biscayne towers in the material on our file. The executive's choice is less about the brand than about four documents: the deed, the homestead declaration, the insurance policy and the purchase agreement's closing calendar. The building decides the first two only by what it allows.

How do the three compare?

Five axes, from the developers' published material only.

Waldorf Astoria Residences Miami. Price point: From $3,300,000. Delivery: no date in the material on our file. Unit mix: ~360 branded residences across a 100 story tower, furnished junior suites and 1 to 4 bedroom residences, with hotel guestrooms and suites; 10 foot floor to ceiling glass, Italkraft kitchens, Savant smart home with concierge access. Position: Downtown Miami, unobstructed views of downtown, Miami Beach and the Atlantic. Operator or brand: Hilton Worldwide under licence of the Waldorf Astoria name; Property Markets Group with Greybrook, S2 Development and Mohari Hospitality; private residential pool deck, owners lounge, signature spa, fitness centre with private studios, kids club.

Delano Residences & Hotel Miami. Price point: From $760,000. Delivery: no date in the material on our file. Unit mix: ~421 fully finished residences across ~90 stories; the released Delano Collection on floors 20 to 47 carries studio, studio and den, 1 and 2 bedroom lines, with 3 bedrooms in the released collection and larger homes expected later; Meyer Davis interiors with built out closets. Position: Fourth and Biscayne, views of downtown, Biscayne Bay, Miami Beach and the Atlantic. Operator or brand: Delano under licence with Ennismore and Accor, hotel below; Property Markets Group; two resort pools, The Source spa, a Members' Club, Beach Club access at Delano Miami Beach, Accor ownership benefits subject to the annual fee.

Faena Residences Miami. Price point: released on request. Delivery: pre-construction, completion approximately 2028 or 2029 per the project index. Unit mix: one to four bedroom residences plus River Lofts; interiors from 711 square feet for a one bedroom per the June 2026 availability sheet; total count not in the filed materials. Position: the Faena District on the Miami River; sales gallery at 90 SW 3rd Street. Operator or brand: Faena, with KAR Properties and Fortune International Group; the full broker package is thin on our file, so amenity and architecture detail is verified with the desk.

Read Waldorf Astoria's floor plans and unit mix, Delano's floor plans and unit mix, reading the floor plan at Faena and Waldorf Astoria vs Delano.

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Whose name goes on the deed?

An executive buying a primary residence has three ordinary choices and each has a consequence. Two spouses on the deed as tenants by the entirety, which Florida gives married couples and which carries creditor protection and survivorship; one spouse alone; or a revocable trust, which keeps the home out of probate and can still carry the homestead. A company is the unusual choice for a home the family lives in, because the homestead and the entity do not sit easily together. The purchase agreement names the buyer at contract, and changing the name before closing is an assignment the developer must allow. Read LLC, trust or personal name, how a married couple takes a Miami condo from offer to recording and how to take title at Waldorf Astoria. The choice is counsel's; the building's part is whether its declaration allows a trust or an entity to own, and all three are asked that question in writing.

When does the homestead start?

On January 1 of the year after the executive lives in the home, if the declaration is filed with the Miami-Dade property appraiser by March 1. That matters here because none of the three has a date in the material on our file, and a home that delivers in late December starts its homestead a year earlier than one that delivers in early January. The property tax resets to the sale price in the first full year; the Save Our Homes cap holds increases after that while the homestead stands. A furnished junior suite at Waldorf Astoria or a furnished suite line at Delano is still a homestead if the family lives in it. Read homestead at Waldorf Astoria, homestead at Delano, homestead at Faena and why property tax resets when you buy a Miami condo.

What does the hotel below do to a primary residence?

Service in the morning and traffic in the evening. Waldorf Astoria publishes a private residential pool deck and an owners lounge beside the resort pool, Peacock Alley and a kids club, so the family has rooms the hotel does not. Delano publishes two resort pools, a public observation deck at ~850 feet and a Members' Club, so the family shares more and pays less at the door. Faena publishes the brand and the river and little else on our file. For an executive who leaves at seven and returns at eight, the questions are the resident elevator, the porte cochere on a Friday night, and whether the home's insurance names the association's master policy correctly, with the owner's policy covering the interior, contents and loss assessment. Read which Design District, Wynwood or Downtown condo keeps its amenities for residents, Miami condo insurance and Waldorf Astoria deliveries and arrivals.

Can the home hold the office and the family?

Waldorf Astoria's 4 bedroom residences are the only published four bedroom plans Downtown today; Delano's released collection stops at 3 bedrooms, with larger homes expected in later releases; Faena publishes up to four bedrooms with River Lofts, two to three years out. Delano publishes a den line, studio and den, in the released collection. The office question is the plan's: a room that closes, a wall that takes the desk, and the building's internet and cell coverage above the thirtieth floor. Read working from home at Waldorf Astoria, working from home at Delano and which Downtown Miami condo suits a multigenerational household.

Who each one suits, and what you give up

Waldorf Astoria suits the executive whose family needs four bedrooms, rooms the hotel does not share and a Hilton-run house. You give up the lower door and take a 100 story tower's assessment. Read the Waldorf Astoria dossier.

Delano suits the executive buying alone or as a couple who wants a finished home at the lowest Downtown entry, From $760,000, with a beach club across the bay. You give up four bedrooms for now and share the tower with a hotel and a public deck. Read the Delano dossier.

Faena suits the executive who can wait until 2028 or 2029 for the river and the Faena name. You give up a published price, a published count and certainty on the file. Read the Faena dossier.

The Downtown Miami zone page maps the three; Downtown Miami or Brickell for a full-time city life runs the same question across the river. The desk reads the deed question, the delivery calendar and the plans by line with the executive before the reservation.

The Shift

What the desk holds on Downtown Miami

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

Which Downtown Miami condo has four bedroom homes?
Waldorf Astoria Residences Miami publishes 1 to 4 bedroom residences. Delano's released collection runs studios through 3 bedrooms with larger homes expected later. Faena publishes one to four bedrooms plus River Lofts for 2028 or 2029.
Can a married couple hold a Miami condo as tenants by the entirety?
Yes. Florida gives married couples that form of title, with survivorship and creditor protection that counsel explains. The purchase agreement names the buyers at contract; the deed follows at closing.
Can a revocable trust claim the Florida homestead?
Where the trust gives the beneficiary the right to live in the home, yes, with the trust papers filed with the property appraiser. The declaration must also allow a trust to own; ask the developer in writing.
When do I file for homestead on a new Downtown Miami condo?
By March 1 of the year after you live in the home as of January 1. A late December delivery starts the homestead a year earlier than an early January one.
Does the Save Our Homes cap apply to a new condo?
From the first year after the homestead is granted, yes. The first full year's tax is on the sale price; the cap limits increases after that while the homestead stands.
Is the Delano observation deck open to the public?
Yes. The developer publishes Miami's first public observation deck at ~850 feet with a sky restaurant and sky pool at ~800 feet. Ask which elevators the public uses.
What does Waldorf Astoria give residents that hotel guests do not use?
The developer publishes a private residential pool deck and an owners lounge with bay views, beside the shared resort pool, Peacock Alley, the spa and the kids club. The shared facilities agreement draws the lines.
What is published about 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, completion about 2028 or 2029, no published price, and a thin file to verify with the desk.
Do I need a lender's approval of the building to get a mortgage?
A lender reviews the condominium's documents and budget as well as the borrower. On a pre-construction home the loan is applied for near delivery, which is why the delivery calendar matters.
Who should I call about buying a primary residence Downtown?
A Florida real estate lawyer for the deed and the homestead papers, your lender early, and the desk for the plans by line, the delivery calendar and the deposit schedules.
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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

Metrik Real Estate is a Miami real estate company built around one idea: the buyer gets their own team. Miami Dossier is its private buyer advisory for new construction.

A person replies within 24 hours, usually much sooner. On weekends, back on Monday morning.

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