Buyer FAQ
Your questions, answered.
Prices, deposits, floor plans, construction, rentals, and how buying with us works.
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Quick answers
The questions buyers ask first.
Straight answers. Anything not here, ask us directly. Availability, contract terms and costs for a specific residence are always confirmed in writing.
Prices & deposits
What do residences cost?
From about $1.4 million for a one-bedroom, based on the developer price sheet from July 15, 2026. Two-bedrooms start around $2.2 million, three-bedrooms around $3.75 million and four-bedrooms around $6.1 million. Prices change often; we confirm the current price for any home you like.
How do the deposits work?
20% at contract, 10% 120 days after signing, 10% one year after signing, 10% when the highest residential floor is poured, and 50% at closing. Your signed contract is what counts.
Is this a live list of what's available?
No. We check current availability with the developer and send you the homes that are actually for sale.
Can prices or terms change?
Yes. The developer can change prices, plans and terms until you sign. Your contract locks yours in.
The building
How many residences are there?
The developer fact sheet lists 406 one-to-four-bedroom tower residences, plus river lofts, sky lofts and penthouses. Fortune International Group describes approximately 440 residences in total.
How tall are the towers?
68 stories each, filed with the FAA at 802 feet. There is no floor 13. Floors 1–2 are the lobby, 11–12 are amenities and the pool deck, and the tower residences start on 14.
What is Faena Rose?
Alan Faena's private club. Its first permanent home is the 45,000-square-foot sky club that bridges the towers on floors 61, 62 and 64, about 700 feet up. Owners receive VIP membership.
When does construction start and finish?
Groundbreaking is next, and completion is targeted for 2029. Dates can change; we post updates as they happen.
Are the square footages exact?
They are close but approximate. The developer measures generously in marketing; the official condo documents give the exact figures.
Are the renderings and amenities final?
Not yet. Finishes and amenities can change, and some services may cost extra. We get you the current list before you sign.
Can I rent my residence?
Yes, with a 12-month minimum lease. We confirm the full rental rules in the condo documents with you.
Buying with us
Is this the official Faena Residences Miami website?
No. This is an independent buyer's guide. It is not sponsored by, endorsed by, or affiliated with Faena, FRM Associates LLC, Fortune International Group, or KAR Properties.
What do you do for me?
We find the homes that fit, get current prices from the developer, compare them honestly, arrange a private tour, and handle the purchase with you through closing.
Can I buy from outside the U.S.?
Yes. Many buyers do it entirely by video and e-signature. We introduce you to legal, tax and currency specialists when you need them.
Do you give legal, tax or investment advice?
No. We are your real estate advisors. Any numbers we show are examples, not promises of rent, appreciation or resale value.
What happens after I send a request?
Your request comes straight to our team. We reply with the residences that match what you asked for, current pricing from the developer, and a time for a private consultation. You can also book that consultation yourself right after sending the form.
Still have a question?
Ask us directly.
We will request current availability, confirm unit-specific pricing, compare the strongest alternatives, and coordinate the presentation.
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