Project Description:
Waldorf Astoria, an iconic name in luxury hospitality worldwide, has partnered with renowned New York-based developer Property Markets Group to create a new pinnacle of luxury real estate – Waldorf Astoria Hotel and Residences Miami. Located at 300 Biscayne Blvd in downtown Miami, the development consists of 400 private residences, a 5-star luxury hotel, and a variety of top rated restaurants and retail locations. Standing at 1,049 feet tall, the tower is the tallest in Miami, and is set to define the Miami skyline. Beautiful innovative design, coupled with the highest standards of luxury elegance and service that Waldorf Astoria is known for makes Waldorf Astoria Hotel and Residences Miami the primary residence for luxury in Miami.
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CraneSpotters Preconstruction Condo Project Overview
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Condo Description |
Details |
PROJECT NAME |
Waldorf Astoria Residences Miami |
ADDRESS |
300 Biscayne Blvd Miami, FL 33132 |
SUBMARKET |
Greater Downtown Miami |
COUNTY |
Miami-Dade |
WATERFRONT PROJECT |
No |
TYPE OF WATERFRONT? |
|
NUMBER OF TOWERS |
1 |
TOTAL FLOORS (BY ELEVATOR) |
100 |
TOTAL RESIDENTIAL UNITS |
360 Residences / 205 Guest Rooms and Suites |
BED RANGE |
Studios, 1 ,2 ,3 and 4 |
RANGE OF SQUARE FEET |
516-3,256 |
UNIT TYPE – TOTAL UNITS – SQUARE FEET |
1 BED – XX – X,XXX SF |
UNIT TYPE – TOTAL UNITS – SQUARE FEET |
2 BED – XX – X,XXX SF |
UNIT TYPE – TOTAL UNITS – SQUARE FEET |
3 BED – XX – X,XXX SF |
UNIT TYPE – TOTAL UNITS – SQUARE FEET |
4 BED – XX – X,XXX SF |
MINIMUM PRICE PER UNIT |
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MONTHLY MAINTENANCE FEE PER UNIT |
$700,000 |
MONTHLY MAINTENANCE FEE PER SQUARE FOOT |
$ 0.80 |
TURNKEY READY |
Finished not furnished |
PROPERTY AMENITIES |
Concierge, Spa & Fitness Center, Doorman & Bellman Services, Private Bar/ Wine tasting Room, Peacock Alley True Walford Service, Brasserie, Meeting and boardrooms |
WATER VIEWS |
Yes |
PETS PERMITTED |
Yes |
MAXIMUM NUMBER OF PETS |
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RENTAL TIMES PER YEAR |
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TOTAL ONSITE PARKING SPACES |
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FIRST DEPOSIT % |
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SECOND DEPOSIT % |
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THIRD DEPOSIT % |
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FOURTH DEPOSIT % |
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TOTAL DEPOSIT % |
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UNIT FINANCING AVAILABLE |
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RECOMMENDED LENDERS |
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PROJECT STATUS |
Under Construction |
PRESALES UNDERWAY? |
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RATIO OF PRESALES |
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SCHEDULED CONSTRUCTION START |
2023 |
SCHEDULED COMPLETION DATE |
2027 |
YEAR COMPLETED |
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DEVELOPER |
PMG |
COUNTRY OF DEVELOPER |
United States |
DEVELOPER FEE % |
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ARCHITECT |
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ARCHITECTURAL FIRM |
Carlos Ott & Sieger Suarez |
GENERAL CONTRACTOR |
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DATE OF GROUNDBREAKING PARTY |
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NOTICE OF COMMENCEMENT FILED |
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DATE CRANE ERECTED |
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DATE OF CONDO DECLARATION FILING |
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DATE OF CONDO LAUNCH PARTY |
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DATE OF TOPPING OFF |
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DATE OF FIRST RECORDED TRANSACTION |
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LEAD LENDER |
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LEAD LOAN AMOUNT |
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DATE OF LEAD LOAN |
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SECONDARY LENDER |
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SECONDARY LOAN AMOUNT |
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DATE OF SECONDARY LOAN |
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CONDO PROJECT WEBSITE |
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INHOUSE SALES BROKERAGE |
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INHOUSE SALES REPRESENTATIVE |
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INHOUSE SALES REP TELEPHONE |
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INHOUSE SALES REP EMAIL ADDRESS |
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INHOUSE SALES BROKERAGE ADDRESS |
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BUYSIDE COMMISSION % |
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PRICING SURVEY DATE |
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MINIMUM PRICE PER DOOR |
$ 700.000 |
MINIMUM PRICE PER SQUARE FOOT |
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SALES RATION |
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COMMISSION % |
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INCENTIVES |
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