Faena Residences Miami

Featured

90 SW 3rd St, Miami, FL 33130, USA

Starting from $1,300,000

Condo

Overview

Faena Residences Miami is a new condo improvement in predevelopment status, situated at 90 Southwest 3rd Street, Miami, FL 33130.

Highlights of Faena Residences Miami

Faena Residences Miami stands as a beacon of ultra-luxury living on Miami Beach’s prestigious Collins Avenue. Designed by world-renowned architects and interior designers, the property blends modern sophistication with classic Art Deco aesthetics. These oceanfront residences feature expansive layouts, floor-to-ceiling windows, and panoramic views of the Atlantic Ocean, Biscayne Bay, and the Miami skyline. From private elevators and oversized terraces to chef-grade kitchens and spa-inspired bathrooms, each unit is a masterpiece of design and comfort.

Beyond the opulent interiors, Faena Residences offers a curated lifestyle experience. Residents have access to the Faena Hotel’s five-star amenities, including a holistic wellness center, full-service beach club, and world-class concierge. Artistic inspiration pulses through every aspect of the property, thanks to its connection to the Faena District—an innovative cultural hub that houses the Faena Forum, Faena Theater, and an ever-evolving public art collection. Living here means being immersed in a cultural and social experience unlike any other in Miami.

What truly sets Faena Residences apart is its focus on personalized luxury. Services such as in-residence spa treatments, on-demand housekeeping, gourmet dining delivery, and VIP access to cultural events ensure that residents enjoy a lifestyle that caters to their every whim. With a limited number of meticulously crafted residences, exclusivity is guaranteed. This is not just a place to live—it’s a destination that redefines coastal luxury living.

Property Details

Property Name: Faena Residences Miami
Storeys: 68
Suites: 406
Bedroom: 1 to 4 Bedrooms, Lofts & Penthouses
Bathroom: 1 to 4+ (varies by unit)
Size: 712 to 7,676 Sq. Ft.
Property Type: Condo
Location: 90 Southwest 3rd Street, Miami, FL 33130
Price: From $1.3 Million
Property Status: Pre-construction
Selling Status: Selling
Ownership: Condo (Fee Simple)
Developer: Fortune International Group & KAR Properties

Location and Neighbourhood

Faena Residences is situated in the heart of the Faena District along Miami Beach’s iconic Collins Avenue, an area renowned for its glamour, history, and vibrant energy. The location offers direct access to miles of pristine beaches while being minutes from the city’s top cultural, shopping, and dining destinations. The area seamlessly blends old-world elegance with contemporary Miami vibrance, creating a one-of-a-kind atmosphere that attracts international residents and tourists alike.

The neighborhood surrounding Faena Residences is a rich tapestry of art, architecture, and entertainment. The Faena District itself was developed to serve as a cultural epicenter, hosting events and installations that regularly attract global attention. Residents can explore avant-garde art exhibitions, dine at Michelin-starred restaurants, or enjoy live performances—all without ever leaving their community. Lincoln Road, Bal Harbour Shops, and the Design District are just a short drive away, offering high-end shopping and entertainment options.

For those seeking tranquility alongside urban energy, this neighborhood delivers. Palm-lined avenues, luxury yachts gliding past the coastline, and morning strolls on the beach create a peaceful counterpoint to the city’s thriving nightlife and artistic buzz. Its central location means convenient access to both Miami International Airport and Downtown Miami, making Faena Residences ideal for both full-time residents and international investors who desire world-class living in one of the world’s most exciting cities.

Reason to Invest In Faena Residences Miami

Investing in Faena Residences Miami is not just a financial decision—it's a lifestyle upgrade and a stake in one of the most culturally significant developments in South Florida. The property is part of the Faena District, a visionary project that has successfully redefined luxury and community through a blend of real estate, art, and hospitality. For buyers, this means owning a piece of an internationally recognized destination where property value is intrinsically linked to its unique identity and sustained cultural relevance.

Miami’s real estate market continues to thrive, especially in the luxury segment. Faena Residences appeals to high-net-worth individuals seeking both a secure investment and an elite lifestyle. The property’s limited inventory ensures exclusivity and scarcity—factors that often drive value appreciation. Additionally, the alignment with Faena Hotel provides unparalleled access to branded service and amenities, significantly boosting the long-term rental and resale value of each residence.

Investors also benefit from Miami’s favorable tax environment, which includes no state income tax and investor-friendly regulations. Coupled with the city’s consistent population growth, booming tourism industry, and status as a global financial hub, Miami offers a strong foundation for real estate investment. Faena Residences, with its prime location, iconic design, and fully integrated cultural ecosystem, represents one of the most attractive and stable opportunities in the luxury property market today.

A Closer Look at the Miami, FL Real Estate Market

Miami’s real estate market remains one of the most dynamic and resilient in the United States. Its coastal geography, international appeal, and booming economy make it a magnet for both domestic and foreign buyers. Over the past decade, Miami has transformed from a seasonal destination into a year-round lifestyle city, leading to sustained demand for high-end properties like Faena Residences. This transformation has redefined neighborhoods and inspired a wave of architectural innovation and urban revitalization.

Luxury condominiums and branded residences have become especially attractive in the post-pandemic era, as more buyers seek turnkey living options that combine privacy, service, and amenities. Developers have responded by creating ultra-luxury residences that cater to changing lifestyle demands, including work-from-home needs, wellness integration, and flexible usage rights. Properties that provide exclusivity, resort-style living, and cultural immersion—like Faena—are now leading the charge in both buyer interest and market appreciation.

Furthermore, Miami’s real estate is increasingly driven by international capital. Latin American, European, and Canadian buyers continue to fuel demand, drawn by the city’s strategic location, global accessibility, and safe investment environment. Foreign investors are particularly interested in branded developments with global cachet and reliable ROI. With its cultural prestige and limited availability, Faena Residences perfectly aligns with these buyer priorities, making it a standout asset in a highly competitive market.

About Developer - Fortune International Group & KAR Properties

Faena Residences Miami is developed through a powerful partnership between two of the most respected names in the luxury real estate industry: Fortune International Group and KAR Properties. Fortune International Group is a recognized leader in high-end real estate, with a portfolio that spans some of the most exclusive developments in South Florida. Known for its visionary projects and market expertise, Fortune brings decades of experience and a sterling reputation to the table.

KAR Properties, led by real estate mogul Shahab Karmely, brings a global perspective to the partnership. With successful developments across New York, Southeast Asia, and South Florida, KAR Properties specializes in creating landmark destinations that combine world-class architecture, art, and lifestyle elements. Their involvement in Faena Residences ensures the project benefits from both bold design thinking and meticulous execution standards. Together, these firms represent the pinnacle of real estate craftsmanship and vision.

What truly distinguishes this development team is their shared commitment to excellence and innovation. Fortune and KAR are not merely constructing buildings—they are crafting a legacy. Their collaboration with the Faena brand, known globally for pushing the boundaries of art, architecture, and hospitality, elevates this project beyond traditional luxury real estate. Buyers can trust that Faena Residences Miami is backed by deep industry expertise, creative vision, and a passion for delivering timeless value.

Overview