Buying Guides · June 25, 2026
Waldorf Astoria Residences Miami: Everything You Need to Know in 2026
Florida's first supertall skyscraper is rising 100 stories above Downtown Miami — and it is already one of the most-searched luxury addresses in the world. Here is the complete buyer's guide: pricing, floor plans, the nine-cube architecture, construction timeline, and how it compares to Cipriani and St. Regis.

By Condo Invest Miami Research · Editorial & market research · 11 min read
Florida's First Supertall Is Rising — and Buyers Are Paying Attention
At 1,049 feet and 100 stories, Waldorf Astoria Residences Miami will stand as Florida's tallest building and the state's first supertall skyscraper. The tower's nine stacked glass cubes, designed by Carlos Ott (the architect behind Dubai's Burj Al Arab), have already become the signature image of Miami's changing skyline.
Construction started in late 2022 and has advanced steadily. As of Q1 2026 the tower had cleared the 60th floor, with delivery aimed for 2027–2028. For buyers tracking Miami's pre-construction market, Waldorf Astoria bundles a global hospitality flag, an instantly recognizable architectural gesture, a bayfront Downtown location, and hotel-grade service delivered inside the same structure.
This guide compiles what a sophisticated buyer needs: pricing, floor plans, the building’s vertical logic, amenity depth, construction timing, and head-to-head comparisons with nearby competitors in Downtown and Brickell.
The Basics: What Is Waldorf Astoria Residences Miami?
Waldorf Astoria Hotel and Residences Miami is a 100-story mixed-use supertall at 300 Biscayne Boulevard in Downtown Miami, developed by Property Markets Group (PMG) and Greybrook Realty Partners. The tower combines 360 private condo residences with a 205-key, five-star Waldorf Astoria hotel — residents live inside an operating luxury hotel, not simply next to one.
Detail · Specification
--- · ---
Address · 300 Biscayne Blvd, Miami, FL 33132
Developer · PMG & Greybrook Realty Partners
Architect · Carlos Ott + Sieger Suarez Architects
Interior Design · BAMO (San Francisco)
Hotel Operator · Waldorf Astoria (Hilton)
Total Height · 1,049 feet
Stories · 100
Condo Residences · 360
Hotel Keys · 205
Construction Start · Late 2022
Expected Completion · 2027–2028
Starting Price · From approximately $1.2 million
PMG partnered with Greybrook to deliver the project; PMG contributes deep New York luxury development experience while Greybrook supplies private equity capital from Toronto. Sales launched in 2021, and the building achieved substantial sell-through well before structural topping out.
Pricing in 2026: What Residences Cost Today
Waldorf Astoria's pricing reflects the tower's vertical segmentation across nine distinct cubes. As of Q2 2026, pricing breaks down as follows:
Residence Type · Size Range · Price Range
--- · --- · ---
Junior Suite / Studio · 516–653 sq ft · From $1.2M
1-Bedroom · ~1,000–1,200 sq ft · $1.8M–$2.8M
2-Bedroom · 1,809–2,083 sq ft · $2.8M–$4.5M
3-Bedroom · 2,343+ sq ft · $4.5M–$7M
4-Bedroom / Full-Floor · Up to 12,302 sq ft · $7M–$12M+
Penthouse Collection (Cube 9) · Varies · Priced on application
Expect an average price per square foot near $1,500 across the tower. Penthouse Collection units in Cube 9 (floors 86–100) have reportedly traded at nearly $4,000 per square foot. Deposit terms follow a tiered pre-construction schedule: 20% at contract, 10% at one year, 10% at two years, and 60% at closing.
Buyers who reserved in 2021 and 2022 captured reported discounts of 8 to 14 percent versus projected delivery-day resale values. With construction beyond the 60th floor, that early-discount window has largely closed; current pricing now tracks closer to delivery-day value.
The Nine Cubes: Understanding the Building's Architecture
Waldorf Astoria’s defining move is its stacked-cube organization. The nine glass cubes each serve distinct functions and create vertical neighborhoods within a single tower:
Cubes 1–3 (Floors 1–39): The hotel component. 205 Waldorf Astoria hotel rooms, the grand lobby, resort pool deck, Major Food Group signature restaurant, spa, fitness center, ballrooms, and meeting facilities. Condo owners receive full access to hotel amenities.
Cubes 4–8 (Floors 40–85): Private residential floors. The bulk of the 360 condos occupy this zone, with residents-only amenities, a private pool deck, an owners' lounge with panoramic bay views, an entertainment room with billiards, and a private porte-cochère entry separate from the hotel.
Cube 9 (Floors 86–100): The Penthouse Collection. The tower's rarefied tier — 12-foot ceilings, floor-to-ceiling glass, unobstructed 360-degree views across Biscayne Bay, Key Biscayne, South Beach, and the full Miami skyline. These units have drawn interest from global ultra-high-net-worth buyers, family offices, and international investors.
The offsets between cubes create private terraces and ensure each floor delivers a distinct view. Mechanical systems span the cubes rather than concentrating in a single core — an engineering choice that matters at this scale.
Residences: What You Actually Live In
Every residence at Waldorf Astoria ships fully finished — a clear edge in a market where many developers deliver white-box units and force buyers to spend another $200 to $500 per square foot on fit-out. BAMO sets the finish standard and enforces it across all units:
- Private elevator access to each residence
- 10-foot floor-to-ceiling glass windows with unobstructed views
- Custom Italian cabinetry curated by BAMO throughout kitchens and closets
- Sub-Zero and Wolf appliance packages (refrigerator/freezer, convection oven, dishwasher, wine storage, microwave)
- TOTO toilets, Dornbracht and Duravit bathroom fixtures throughout
- Savant premium smart-home technology with iPad and touchscreen access
- Custom Waldorf Astoria Residences app connected to 24-hour concierge, dining reservations, spa bookings, valet, package delivery, and dog walking services
- In-unit washer and dryer
Penthouse residences in Cube 9 add 12-foot ceilings and summer kitchen balconies, occupying the tower’s highest floors with full-directional exposure.
Amenities: Where Hotel and Residence Life Converge
Waldorf Astoria delivers hotel-grade service integrated with private residential life. Amenity highlights include:
- Resort-style pool deck with café and signature food and beverage service (hotel level)
- Residents-only private pool deck and whirlpool areas (residential level)
- Full-service spa with tailored wellness programs
- State-of-the-art fitness center with private training studios
- Owners' lounge with billiards, entertainment room, and panoramic bay views
- Peacock Alley lounge — the Waldorf's signature bar concept
- Main ballroom, junior ballroom, and multi-purpose event spaces
- Meeting rooms and boardrooms
- Waldorf Astoria Kids' Club
- Private bar and wine tasting room
- 24-hour valet and private porte-cochère residential entry
- Beach service with umbrellas and butler at Miami Beach, with a dedicated shuttle
- Preferred pricing and access to all global Waldorf Astoria properties worldwide
Want hotel-caliber service without sacrificing residential privacy? This building is the clearest expression of that model in Miami today.
Location: Downtown Miami's Most Strategic Address
300 Biscayne Boulevard sits directly across from Bayfront Park — one of Miami's most iconic waterfront green spaces. From this address residents reach virtually everything that defines Miami's cultural and lifestyle core within minutes:
- Miami World Center — the $6 billion mixed-use development transforming Downtown's retail and hospitality landscape, directly adjacent
- Bayside Marketplace and Marina — open-air waterfront dining and entertainment, two blocks north
- Kaseya Center — home of the Miami Heat, five minutes on foot
- Pérez Art Museum Miami and Frost Museum of Science — Museum Park's cultural anchors, ten minutes by foot
- Adrienne Arsht Center for the Performing Arts — five minutes north
- Brickell — Miami's financial and culinary hub, five minutes south by car or Metromover
- Wynwood and the Design District — Miami's art and luxury retail neighborhoods, ten minutes north
- Miami International Airport — approximately 25 minutes by car
The building posts a Walk Score of 99 (Walker's Paradise) and a Transit Score of 99 (Rider's Paradise) — among the highest of any residential address in South Florida.
Construction Update: Where the Building Stands in 2026
Waldorf Astoria broke ground in late 2022 and has maintained a steady build cadence. Key milestones:
- 2022: Foundation and substructure work completed
- 2023: Tower crane installation; vertical construction commenced
- 2024: Building passed the 30th floor
- 2025: Building passed the 50th floor; entered Cube 6
- Q1 2026: Building passed the 60th floor; entered Cube 7 — construction is approximately 60 percent complete
- Target topping out: 2026
- Target completion: Q1 2027, with unit deliveries anticipated through 2027–2028
The project remains on schedule with the developer's original timeline — a notable achievement for a tower of this complexity and height.
Who Is Buying at Waldorf Astoria Residences Miami?
Waldorf Astoria attracts buyers who treat a hospitality flag as downside protection. The brand's more than 90 years of hospitality credibility matters when purchasers buy off-plan from Latin America, Europe, the Middle East, and increasingly the UK and Southeast Asia.
Frequent travelers who need a residence to function while they are away form the core buyer pool. The hotel operator runs the building, the concierge runs the property, and services continue in the owner’s absence. For investors, the Waldorf flag typically secures a rental premium — historically 15 to 25 percent above comparable unbranded residences — which improves net yields for owners who rent when they do not occupy.
Waldorf Astoria vs. the Competition
Downtown Miami's development pipeline is deep. Buyers will benchmark Waldorf Astoria against nearby projects. Here is a blunt comparison across the buildings most often cited in the same conversations:
Comparison Point · Waldorf Astoria · Cipriani Residences · St. Regis Brickell
--- · --- · --- · ---
Location · Downtown Miami · Brickell · Brickell
Height · 100 stories / 1,049 ft · 80 stories / 1,000 ft · 62 stories
Brand · Waldorf Astoria (Hilton) · Cipriani (F&B heritage) · St. Regis (Marriott)
Residences · 360 · 397 · 150
Starting Price · ~$1.2M · ~$1.5M · ~$2.5M
Avg $/sqft · ~$1,500 · ~$1,800 · ~$2,200
Delivery · 2027–2028 · 2028 · 2028
Fully Finished · Yes (BAMO) · Yes · Yes
Waldorf Astoria vs. Cipriani Residences Brickell: Cipriani carries stronger F&B heritage — important to buyers who prioritize dining culture. Waldorf Astoria offers deeper service infrastructure and a more distinctive architectural profile. Pricing aligns closely across the one-to-three bedroom set.
Waldorf Astoria vs. St. Regis Residences Brickell: St. Regis sits in Brickell and targets buyers who want immediate proximity to the financial district. Waldorf Astoria’s supertall height and signature design provide superior global recognition and higher-floor views. St. Regis commands a higher price per square foot, partly due to a smaller, more exclusive unit count.
Investment Outlook: What the Data Says
Branded residences dominate buyer discovery in South Florida. According to the 2026 South Florida AI Luxury 50 Index, branded projects captured 78 percent of AI-generated luxury property citations. Waldorf Astoria Residences earned a visibility score of 97 out of 100 in that index — the highest of any development in South Florida.
Downtown Miami has absorbed substantial new supply over the past five years while holding pricing — evidence of structural demand, not speculative froth. Migration remains the primary driver: buyers relocating from Latin America, the Northeast, and increasingly from Europe and the Middle East. Downtown's evolution from a nine-to-five office district into a 24-hour luxury residential market is one of the decade’s defining real estate shifts.
For investors, the key metrics are obvious: the Waldorf brand's historical rental premium (15–25% above comparable unbranded buildings), the building's scarcity (360 units in a 100-story tower), and proximity to Miami World Center — the $6 billion development reshaping Downtown's retail and hospitality landscape.
Frequently Asked Questions
When will Waldorf Astoria Residences Miami be completed?
Construction is targeted for topping out in 2026, with unit deliveries anticipated through 2027–2028. As of Q1 2026, the building had passed the 60th floor and was approximately 60 percent complete. The construction pace has been consistent with the developer's original schedule.
What are the prices at Waldorf Astoria Residences Miami?
As of Q2 2026, entry-level residences (studio/junior suites on lower floors) start from approximately $1.2 million. Mid-floor one and two-bedroom residences range from $1.8 million to $4.5 million. Upper-floor three and four-bedroom residences are priced from $4.5 million to $12 million+. Penthouse Collection residences in Cube 9 (floors 86–100) are priced on application, with reported transactions approaching $4,000 per square foot.
How tall is Waldorf Astoria Miami?
Waldorf Astoria Hotel and Residences Miami will stand 1,049 feet tall across 100 stories — making it the tallest building in Florida and the first supertall skyscraper in the state's history. It will surpass the current tallest building in Florida, Panorama Tower in Brickell, which stands at 868 feet.
Who is the architect of Waldorf Astoria Miami?
The building was conceptually designed by Carlos Ott — the Argentine-Canadian architect best known for designing the Opéra Bastille in Paris and the Burj Al Arab in Dubai — in collaboration with Miami's Sieger Suarez Architects. Interior design is by BAMO, a San Francisco-based firm known for its work on luxury hotels and residences worldwide.
What is the deposit structure at Waldorf Astoria Residences Miami?
The deposit structure follows a tiered pre-construction schedule: 20% at contract signing, 10% at the one-year anniversary, 10% at the two-year anniversary, and 60% at closing. Buyers who reserved early (2021–2022) secured pricing at a reported 8 to 14 percent discount versus projected delivery-day resale values.
Can I rent out my Waldorf Astoria residence?
Yes. The Waldorf Astoria hotel operator manages the building and offers a rental management program for owners who wish to generate income when not in residence. The Waldorf Astoria brand historically commands a rental premium of 15 to 25 percent above comparable unbranded residences, which improves the yield calculation for investment-oriented buyers.
How does Waldorf Astoria Miami compare to Cipriani Residences?
Both are branded luxury residences in Miami's downtown core targeting similar buyer profiles. Waldorf Astoria is taller (100 stories vs. 80), more architecturally distinctive, and offers a more comprehensive service infrastructure. Cipriani's food and beverage heritage is stronger for buyers who prioritize dining culture. Price points are comparable in the one-to-three bedroom range, with Waldorf Astoria averaging approximately $1,500/sqft and Cipriani approximately $1,800/sqft.
Is Waldorf Astoria Miami a good investment?
Waldorf Astoria Residences Miami scored 97 out of 100 in the 2026 South Florida AI Luxury 50 Index — the highest visibility score of any development in South Florida — reflecting exceptional global brand recognition. The investment thesis rests on three pillars: the Waldorf brand's historical rental premium (15–25% above unbranded buildings), the building's extreme scarcity (360 units in a 100-story tower), and Downtown Miami's structural demand from inbound migration. As with any pre-construction investment, buyers should conduct thorough due diligence and consult a licensed real estate advisor.