Pre-construction · 24 SW 4th St, Miami, FL 33130

Faena Residences Miami

Pre-construction by Fortune International Group, 434 residences over 68 floors, delivery 2029.

At a glance Faena Residences Miami (24 SW 4th St, Downtown) is a pre-construction condominium planned with 434 residences over 68 floors. The developer lists delivery in 2029. Source: developer-published figures from my pre-construction files.

13 developer renderings from the sales gallery. The finished product can differ.

Delivery
2029
Status
In Contract
Floors
68
Residences
434
Developer
Fortune International Group
Mix
1 to 4 Bedrooms
Est. HOA
$2.13/SF/mo
Waterfront
River

Developer-published figures, from my pre-construction files

The project, decoded.

Status, the build, the rental rules and the deposit schedule as the developer publishes them, cross-checked against the MLS.

Pre-construction intel

Status & delivery

In Contract

Est. completion
Q4 2029
Est. HOA
$2.13/SF/mo
Price sheet
On file, ask me

Delivery dates are developer estimates and slip more often than they hold. I track the actual construction milestones.

The build

Floors
68
Residences
434
Mix
1 to 4 Bedrooms
Ceilings
10 Ft (Standard residences); 13 Ft 3 In (Penthouses, Lofts, Villas, and River Lofts)
Balconies
10 Ft deep
Waterfront
River
Developer
Fortune International Group, KAR Properties
Data
Developer-verified

Rental rules

Short-term / Airbnb
Not allowed
Minimum lease
6 months
Leases per year
2

Deposit schedule

  1. 5% at Contract
  2. 5% 45 Days After Contract
  3. 10% 120 Days After Contract
  4. 10% at Groundbreaking
  5. 10% 12 Months After Groundbreaking
  6. 10% Pouring of Highest Residential Unit
  7. Balance at Closing

What Faena Residences Miami comes with.

Amenities 55 listed

  • Cocktail Lounge
  • Lap Pool
  • Recording Studio
  • Theater
  • Poolside F&B
  • Spa Shop
  • Outdoor Lounge
  • Locker Room
  • Treatment Room(s)
  • Showers
  • Sensory Shower
  • Pet Spa
  • Dock
  • Social Lounge
  • Podcast Room
  • Billiards Table
  • Conference Room
  • Game Room
  • Art Gallery
  • Kids' Playroom
  • Table Tennis
  • Pilates Studio
  • Steam Room
  • On-Site Restaurant(s)
  • Cardio Room
  • Hammam
  • Spa Services
  • On-Site Café
  • Infinity-Edge Pool
  • Longevity & Vitalization Programs
  • Salon
  • On-Site Entertainment Venue
  • Security
  • Sauna
  • Yoga/Aerobics Room
  • Co-Working Spaces
  • Concierge Service
  • Golf Simulator
  • Fire Pit
  • Private Dining Room
  • Valet Parking
  • Poolside Cabanas
  • Gym
  • Front Desk Reception
  • Library
  • Guest Suites
  • Red Light Therapy
  • Cold Plunge
  • Poolside Daybeds
  • Juice Bar
  • Towel Service (Pool)
  • Padel
  • Outdoor Dining
  • Salt Therapy Room
  • Outdoor Fitness/Yoga Area

The developer

Fortune International Group · KAR Properties

The sales gallery works for the developer (sales by Fortune International Realty). I work for you. Same prices, same inventory, but the diligence, the negotiation and the read on this project against every other one in the pipeline are yours.

Represent me here

The read on Faena Residences Miami.

Faena Residences Miami is a pre-construction condominium at 24 SW 4th St in Downtown, planned with 434 residences over 68 floors. The developer lists its status as in contract and completion as Q4 2029. It was developed by Fortune International Group and KAR Properties. Landscape architecture is by Sasaki Studio. Residences range across 1 to 4 bedrooms, with 10 ft (standard residences); 13 ft 3 in (penthouses, lofts, villas, and river lofts) ceilings. It is a waterfront site (river).

The deposit schedule on file: 5% at contract, 5% 45 days after contract, 10% 120 days after contract, 10% at groundbreaking, 10% 12 months after groundbreaking, 10% pouring of highest residential unit, balance at closing. Rental rules as published: no short-term rentals; minimum lease 6 months; up to two leases a year. The developer's estimated association fee is $2.13 per square foot per month. 55 amenities are listed, among them cocktail lounge, lap pool and recording studio. I have 10 developer documents on file for it, including the brochure.

Sources: Developer-published project data and my pre-construction files. Blanks mean the record doesn't state it; nothing here is estimated.

The record 14 facts

The record

Address
24 SW 4th St, Miami 33130
Neighborhood
Downtown
Developer
Fortune International Group, KAR Properties
Landscape architect
Sasaki Studio
Residence mix
1 to 4 Bedrooms
Ceilings
10 Ft (Standard residences); 13 Ft 3 In (Penthouses, Lofts, Villas, and River Lofts)
Est. HOA
$2.13/SF/mo
Expected delivery
2029
Status
In Contract
Floors
68
Residences planned
434
Waterfront
River
Short-term rentals
Min lease 6 months
Sales by
Fortune International Realty

The free project brief

For Faena Residences Miami I'll pull the developer's current price sheet, the deposit structure and what is actually still available, and give you a straight read against the rest of the pipeline. Free, usually same day.

Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy the unit.The sales gallery works for the developer. I work for you, at the same prices.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group

What you'll get back

  • The price sheet and deposit schedule, as published today.
  • Real availability: which lines are left, and which are assignments.
  • The honest read on this project against the rest of the pipeline.
Call / Text786-578-6900 Emaileponteojeda@gmail.com
BuildingFaena Residences Miami, 24 SW 4th St, Miami 33130