Published by Peter Zalewski
12/28/2023 
3:38:18 PM 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 | |
| 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 |
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| PROJECT STATUS | Under Construction |
| PRESALES UNDERWAY? | |
| RATIO OF PRESALES | |
| SCHEDULED CONSTRUCTION START | 2023 |
| SCHEDULED COMPLETION DATE | 2027 |
| YEAR COMPLETED | |
| DEVELOPER | PMG |
| COUNTRY OF DEVELOPER | United States |
| DEVELOPER FEE % | |
| ARCHITECT | |
| ARCHITECTURAL FIRM | Carlos Ott & Sieger Suarez |
| GENERAL CONTRACTOR | |
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| MINIMUM PRICE PER DOOR | $ 700.000 |
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Condo Market Inventory Tracker
A Snapshot Of Downtown West Palm Beach And The Island
| Databases | Active Listings | Months Of Supply |
|---|---|---|
| Condos | 344 | 8.2 |
| Luxury Condos | 153 | 9.6 |
| Shortsales | 0 | NA |
| REOs | 0 | NA |
| Rentals | 365 | 5.2 |
Peter Zalewski is a licensed real estate broker and consultant focused on the South Florida condo market. Zalewski is a former special contributor to the Miami Herald and a former real estate columnist for The Real Deal magazine. Zalewski now hosts the Miami Real Estate Investing Podcast that is available in audio and video wherever you get your podcasts.
Confused about whether it is the appropriate time to buy or sell a condo in South Florida? The experts at CVR Realty are here to assist you in crafting a strategy during this uncertain time. Unlike many brokers offering services, our organization has been through the cycles and can assist you to capitalize on the situation.
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