By Anthony Guerriero, Licensed Real Estate Broker | Manhattan Miami Real Estate | Updated January 2026
| Caratteristica | Dettagli |
|---|---|
| Posizione | Central Miami, along Biscayne Boulevard between Miami River and I-395 |
| ZIP Code | 33131, 33132 |
| Sub-Neighborhoods | CBD, Park West/Museum Park, Miami Worldcenter, Arts & Entertainment District |
| Total Condo Units | 15,000+ (excluding Brickell) |
| 2025 Median Price/SF | $718–$754 (luxury segment $1M+) |
| Condomini entry-level | From ~$350,000 |
| Proprietà Trofeo | $20M–$60M+ |
| Major Attractions | Kaseya Center, Pérez Art Museum, Frost Science Museum, Bayfront Park |
Downtown Miami offers a compelling value proposition for luxury buyers: waterfront living at prices significantly below Brickell, South Beach, and the barrier islands. In Q3 2025, Downtown Miami's median price of $718/SF made it the most affordable entry point into Miami's luxury condo market—compared to $902/SF in Edgewater, $884/SF in Brickell, and $2,708/SF on Fisher Island.
Beyond value, Downtown Miami delivers:
Cultural Epicenter: The Pérez Art Museum Miami (PAMM), Phillip and Patricia Frost Museum of Science, and Adrienne Arsht Center for the Performing Arts anchor Museum Park, creating a world-class cultural campus on Biscayne Bay.
Sports & Entertainment Hub: The Kaseya Center (home of the Miami Heat), Bayfront Park amphitheater, and the forthcoming Miami Worldcenter entertainment complex create year-round programming.
Transit Connectivity: Metromover provides free elevated rail service throughout Downtown, connecting to Metrorail, Brightline high-speed rail (reaching Fort Lauderdale in 30 minutes, West Palm Beach in 60 minutes), and the Port of Miami cruise terminal.
Corporate Migration: Major financial institutions and tech companies continue relocating to Downtown, including Citadel's planned 54-story headquarters at 1201 Brickell Bay Drive (technically Brickell, but with significant Downtown workforce impact).
| Tipo di immobile | Fascia di prezzo | Gamma di dimensioni | Examples |
|---|---|---|---|
| Entry-Level Studios/1BR | $350K–$600K | 500–900 SF | Centro, Loft Downtown, 50 Biscayne |
| Mid-Range 2BR | $600K–$1.5M | 1,000–1,800 SF | Vizcayne, Marina Blue, Epic |
| Luxury 2–3BR | $1.5M–$5M | 1,500–3,500 SF | Marquis, 900 Biscayne, Paramount |
| Ultra-Luxury Full/Half-Floor | $5M–$20M | 3,500–10,000 SF | 1000 Museum, Aston Martin, Waldorf Astoria |
| Trophy Penthouses | $20M–$60M+ | 8,000–20,000+ SF | 1000 Museum PH, Aston Martin Triplex |
The historic heart of Miami, the CBD stretches along Biscayne Boulevard from the Miami River to NE 5th Street. Home to Bayfront Park, the Torch of Friendship, and the Miami-Dade County Courthouse, the CBD is experiencing a renaissance with the under-construction Waldorf Astoria tower, completed Aston Martin Residences, and the forthcoming Faena Residences Miami transforming the riverfront skyline.
Key Buildings: Aston Martin Residences, Waldorf Astoria (2028), Faena Residences Miami (2028–29), Epic Residences, Met 1, One Miami
Located between NE 10th and 14th Streets along Biscayne Boulevard, Park West—also known as Museum Park—is anchored by the Pérez Art Museum Miami and Frost Science Museum. This cultural district features some of Downtown's most architecturally significant residential towers, including Zaha Hadid's 1000 Museum.
Key Buildings: 1000 Museum, Ten Museum Park, 900 Biscayne Bay, Marquis Residences
The 27-acre Miami Worldcenter is the second-largest urban development in the United States (after Hudson Yards in New York). Located between NE 6th and 11th Streets, the master-planned district features the signature Paramount Miami Worldcenter residential tower, retail, dining, and entertainment destinations.
Key Buildings: Paramount Miami Worldcenter, Natiivo, E11EVEN Hotel & Residences, The Elser Hotel & Residences
Extending north from the Miami Worldcenter to the Adrienne Arsht Center, this district historically hosted nightclubs and warehouses but is now a rapidly developing residential corridor. The 100-story Waldorf Astoria will become its defining landmark upon completion in 2028.
Key Buildings: Waldorf Astoria (2028), Vizcayne, Madison
| Edificio | Anno | Unità | Storie | Fascia di prezzo | Architect/Brand |
|---|---|---|---|---|---|
| Faena Residences Miami | 2028–29 | 434 | 60 (×2) | $1.3M–$10M+ | Rafael Viñoly |
| Waldorf Astoria Hotel & Residences | 2028 | 387 | 100 | $3.3M–$50M+ | Sieger Suarez/Carlos Ott |
| Residenze Aston Martin | 2024 | 391 | 66 | $500K–$59M | Revuelta/Aston Martin |
| 1000 Museo | 2019 | 83 | 62 | $5.9M–$24M | Zaha Hadid |
| Paramount Miami Worldcenter | 2019 | 569 | 58 | $350K–$10M | Elkus Manfredi |
| Edificio | Anno | Unità | Storie | Fascia di prezzo |
|---|---|---|---|---|
| Residenze Marquis | 2009 | 292 | 67 | $700K–$6M |
| 900 Baia di Biscayne | 2008 | 516 | 63 | $400K–$3M |
| Dieci Museo Parco | 2007 | 200 | 50 | $500K–$4M |
| Residenze epiche | 2008 | 259 | 54 | $600K–$5M |
| Edificio | Anno | Unità | Storie | Fascia di prezzo |
|---|---|---|---|---|
| 50 Biscayne | 2007 | 526 | 55 | $350K–$1.5M |
| Vizcayne | 2008 | 849 | 49 | $300K–$1.2M |
| Blu Marina | 2008 | 516 | 57 | $350K–$2M |
| One Miami | 2005 | 896 | 44 | $300K–$900K |
Waldorf Astoria Hotel & Residences at 300 Biscayne Boulevard will become Florida's first supertall skyscraper and the tallest residential building south of New York City. Rising 100 stories and 1,049 feet above Biscayne Bay, the tower's revolutionary design features nine spiraling, offset glass cubes wrapped in a distinctive "glass skin" unlike anything else on the East Coast. As of December 2025, construction has passed the 50th floor—the halfway point—with the tower rising at a pace of one floor every 10 days.
The development includes 387 private residences and 205 Waldorf Astoria hotel rooms, with the hotel occupying the first three cubes and residences in the upper six. Designed by Sieger Suarez Architects in collaboration with Carlos Ott, with interiors by BAMO, the project is over 90% sold. The 33,000+ SF penthouse across the top five floors—the largest residential unit south of New York City—has already sold for an undisclosed amount.
Key Details: 387 residences | 100 stories | 2028 | 1–4 bedrooms | $3.3M–$50M+ | 90%+ sold
Aston Martin Residences at 300 Biscayne Boulevard Way marks the legendary British automaker's first-ever real estate collaboration. The iconic sail-shaped tower rises 66 stories (817 feet) at the mouth of the Miami River, commanding 490 feet of waterfront and a full-service superyacht marina with 15-foot draft depth. Developed by G&G Business Developments (Argentina's Coto family), the tower is 99% sold with only the trophy triplex penthouse remaining—offered at $59 million and including the last-ever Aston Martin Vulcan hypercar.
Every element reflects Aston Martin's design DNA, from carbon fiber welcome desks to custom door handles with signature stitching. Interiors follow the Fibonacci sequence, the same mathematical proportions used in Aston Martin's sports cars. The four-level amenity deck (floors 52–55) includes an infinity-edge pool, art gallery, virtual golf, spa, and the exclusive Aston Martin Club with dedicated butler service.
Key Details: 391 residences | 66 stories | 2024 | 1–5 bedrooms + penthouses | 698–19,868 SF | $500K–$59M
1000 Museum at 1000 Biscayne Boulevard is the first and only residential skyscraper designed by the late Pritzker Prize-winning architect Zaha Hadid for the Western Hemisphere. The building's distinctive "exoskeleton"—featuring 5,000 pieces of glass fiber-reinforced concrete shipped from Dubai—earned it the nickname "Scorpion Tower" and recognition by PBS's "Impossible Builds" as "one of the most complex skyscrapers ever to make it off the drawing board."
With only 83 residences across 62 stories, 1000 Museum offers extreme exclusivity: half-floor units (4,600–4,800 SF), full-floor penthouses (9,900 SF), and duplex townhomes. The building is Miami's only residential tower with a private rooftop helipad. Amenities include a double-height aquatic center with infinity pool on floors 60–61, a Sky Lounge for private events, and a bank-quality vault for storing artwork and valuables.
Key Details: 83 residences | 62 stories | 2019 | Half-floor, full-floor, townhomes | 4,600–9,900 SF | $5.9M–$24M
Paramount Miami Worldcenter at 851 NE 1st Avenue is the signature residential tower of Miami Worldcenter, rising 58 stories and over 700 feet with a distinctive LED glass façade that has become a Miami skyline icon. With 569 residences, it holds the Guinness World Record for the most amenities of any residential building globally—spread across six levels including a rooftop observatory.
The ninth-floor amenity deck features America's first outdoor soccer field in a high-rise residential building, plus two tennis courts, a boxing studio, a jam room with recording studio, and resort-style pools with floating pods and Balinese bungalows. The four-level skydeck includes sunrise and infinity pools, a Tai Chi deck, and 360-degree views from the observatory. Direct third-floor access connects residents to the retail at Miami Worldcenter.
Key Details: 569 residences | 58 stories | 2019 | 1–4 bedrooms | 1,294–4,087 SF | $350K–$10M
Marquis Residences at 1100 Biscayne Boulevard remains one of Downtown's most prestigious addresses, rising 67 stories with unobstructed bay and ocean views from Museum Park. The tower's curved glass façade and open floor plans attracted high-profile residents since opening. All 292 residences feature private elevator entry, 10-foot ceilings, and floor-to-ceiling windows.
Key Details: 292 residences | 67 stories | 2009 | 1–4 bedrooms | 1,095–4,500 SF | $700K–$6M
900 Biscayne Bay at 900 Biscayne Boulevard offers luxury living adjacent to Museum Park with 516 residences across 63 stories. The Philippe Starck-designed lobby and amenity spaces established the building as an early Downtown design destination. Bayfront units enjoy direct views of PAMM and Frost Science Museum.
Key Details: 516 residences | 63 stories | 2008 | 1–4 bedrooms | 818–2,700 SF | $400K–$3M
Waldorf Astoria Hotel & Residences (2028)
E11EVEN Hotel & Residences (2025)
Legacy Hotel & Residences (Status Uncertain)
Faena Residences Miami (2028–2029)
Learn more about Faena Residences Miami
| Anno | Event |
|---|---|
| 1896 | Miami incorporated; Downtown established as commercial center |
| 1926 | Boom ends with Great Miami Hurricane |
| 1980s | Bayside Marketplace opens; Downtown revitalization begins |
| 2005–2008 | First wave of luxury towers: One Miami, 50 Biscayne, Marina Blue, 900 Biscayne |
| 2010 | Pérez Art Museum Miami (PAMM) opens in Museum Park |
| 2017 | Frost Museum of Science opens |
| 2019 | Paramount Miami Worldcenter and 1000 Museum completed |
| 2022 | Waldorf Astoria breaks ground; Miami Worldcenter retail opens |
| 2024 | Aston Martin Residences completed |
| 2025 | Waldorf Astoria passes 50th floor; Faena Residences Miami launches sales; Downtown median price at $718/SF |
| 2025–26 | Faena Residences Miami breaks ground |
| 2028 | Waldorf Astoria projected completion |
| 2028–29 | Faena Residences Miami projected completion |
| Metrico | Downtown Miami (Luxury $1M+) |
|---|---|
| Median Price/SF | $718–$754 |
| Prezzo medio di vendita | $1.4M–$1.5M |
| YoY Price Change | +5.1% (price/SF) |
| Giorni sul mercato | 83 days (fastest in Greater Downtown) |
| Inventory | 25 months (buyer's market) |
| New Construction | Waldorf Astoria (2028), E11EVEN (2025), Faena Residences (2028–29) |
Source: CondoBlackBook Q3 2025 Greater Downtown Miami Report
Downtown Miami refers to the area north of the Miami River, centered on Biscayne Boulevard and including the CBD, Park West/Museum Park, and Miami Worldcenter. Brickell is the financial district south of the Miami River. Downtown offers lower price points ($718/SF vs. $884/SF median), larger cultural attractions, and more architectural diversity, while Brickell has more restaurant/nightlife density and corporate office towers.
Downtown Miami has transformed significantly since 2010. The areas around Miami Worldcenter, Museum Park, and Biscayne Boulevard are well-patrolled and vibrant. As with any urban core, some blocks—particularly west of I-95—remain transitional. The Metromover provides safe, free transit throughout Downtown.
Miami Worldcenter is a 27-acre master-planned development in Downtown Miami—the second-largest urban development in the United States after Hudson Yards. It includes retail, dining, entertainment venues, and residential towers including Paramount Miami Worldcenter, with continued expansion through 2030.
At 1,049 feet and 100 stories, the Waldorf Astoria Hotel & Residences will be Florida's first supertall skyscraper and the tallest residential building south of New York City. Construction is expected to complete in early 2028.
1000 Museum is the first and only residential building in the Western Hemisphere designed by legendary architect Zaha Hadid. Its distinctive exoskeleton of curved concrete, rooftop helipad, and just 83 ultra-luxury residences make it Miami's most architecturally significant tower.
Rental policies vary by building. Investment-friendly buildings like Natiivo and E11EVEN Hotel & Residences allow short-term/Airbnb rentals. Most luxury buildings (1000 Museum, Aston Martin) allow rentals with minimum terms of 6–12 months and limited frequency (1–2 times per year).
Downtown Miami hosts the Pérez Art Museum Miami (PAMM), Phillip and Patricia Frost Museum of Science, Adrienne Arsht Center for the Performing Arts, HistoryMiami Museum, and the Kaseya Center (Miami Heat). Bayfront Park hosts concerts and festivals year-round.
The free Metromover elevated rail connects all Downtown neighborhoods. Brightline high-speed rail reaches Fort Lauderdale (30 min) and West Palm Beach (60 min). The Port of Miami cruise terminal is accessible via car or taxi. Miami International Airport is 20 minutes by car.
The Aston Martin Residences triplex penthouse is listed at $59 million and includes the last-ever Aston Martin Vulcan hypercar. At 1000 Museum, full-floor penthouses trade between $15M–$24M.
Yes. As of Q3 2025, Downtown Miami has approximately 25 months of inventory—well above the 9–12 months that indicate a balanced market. This gives buyers significant negotiating power, particularly in the $1M–$5M range.
| Caratteristica | Centro di Miami | Brickell |
|---|---|---|
| Character | Cultural/entertainment hub | Financial district |
| Median Price/SF (2025) | $718 | $884 |
| Edifici principali | 1000 Museum, Aston Martin, Waldorf | Icon Brickell, Una, Four Seasons |
| Cultural Attractions | PAMM, Frost, Arsht Center, Kaseya | Limitato |
| Dining/Nightlife | Growing | Dense |
| Office Density | Moderate | Very High |
| Ideale per | Cultural enthusiasts, value seekers | Finance professionals, walkable luxury |
UFFICIO DI MANHATTAN
157 Columbus Avenue,4° piano
New York, NY 10023
+1-646-376-8752
UFFICIO DI MIAMI
1688 Meridian Avenue, Suite 700
Miami Beach, FL 33139
+1-305-296-8885