Downtown Miami Condos for Sale

By Anthony Guerriero, Licensed Real Estate Broker | Manhattan Miami Real Estate | Updated January 2026

Downtown Miami has transformed from a 9-to-5 business district into one of America's most dynamic urban neighborhoods. Anchored by Biscayne Bay, the Miami River, and billions of dollars in new development including Miami Worldcenter—the second-largest urban development in the United States—Downtown Miami now offers luxury waterfront living, world-class cultural institutions, professional sports, and round-the-clock urban energy. From starchitect-designed towers like Zaha Hadid's iconic 1000 Museum to the automotive luxury of Aston Martin Residences—one of Miami's premier branded residences—Downtown Miami delivers architectural diversity and price points unmatched elsewhere in South Florida.

 

 

Downtown Miami at a Glance

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

Why Downtown Miami?

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).


Price Ranges by Property Type

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

Downtown Miami Sub-Neighborhoods

Central Business District (CBD)

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

Park West / Museum Park

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

Miami Worldcenter District

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

Arts & Entertainment District

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


Featured Buildings by Category

Starchitect & Branded Luxury (2019–2029)

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

 

Established Luxury (2008–2018)

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

 

Value & Investment (2005–2010)

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

 


Signature Building Profiles

Waldorf Astoria Hotel & Residences (Under Construction — 2028 Completion)

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 (Completed 2024)

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 by Zaha Hadid (Completed 2019)

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 (Completed 2019)

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 (Completed 2009)

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 (Completed 2008)

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


New Developments & Future Projects

Under Construction

Waldorf Astoria Hotel & Residences (2028)

  • 387 residences, 205 hotel rooms
  • 100 stories, 1,049 feet (Florida's first supertall)
  • 90%+ sold, from $3.3M
  • Developer: PMG, Greybrook, Mohari Hospitality, Hilton

E11EVEN Hotel & Residences (2025)

  • 375 fully-furnished condo-hotel units
  • 65 stories
  • Developer: PMG, E11EVEN Partners
  • From ~$500K, short-term rental allowed

Legacy Hotel & Residences (Status Uncertain)

  • 310 residences, 219 hotel rooms at Miami Worldcenter
  • 50 stories, stalled at 16th floor (foreclosure proceedings as of late 2025)
  • Developer: Dan Kodsi

Proposed / Pre-Construction

Faena Residences Miami (2028–2029)

  • Address: 90 SW 3rd Street (Miami River)
  • Units: 434 condos across two 60-story towers
  • Size: 700–3,300 SF | 1–4 bedrooms
  • Prices: Starting $1.3M–$10M+
  • Developer: Fortune International Group, KAR Properties
  • Architect: Rafael Viñoly (one of his final masterpieces)
  • Interiors: Bryan O'Sullivan Studio
  • Investment: $700 million
  • Signature Feature: 45,000 SF sky bridge connecting towers with cultural programming, performance spaces, Tierra Santa Healing House spa, Faena Club theater, infinity pool
  • Construction: Groundbreaking late 2025/early 2026
  • Significance: Alan Faena's second Miami district after transforming Miami Beach; creating new "Faena District Miami River" cultural epicenter

Learn more about Faena Residences Miami


Downtown Miami Timeline

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

Market Snapshot: January 2026

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


Domande frequenti

What's the difference between Downtown Miami and Brickell?

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.

Is Downtown Miami safe?

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.

What is Miami Worldcenter?

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.

How tall will the Waldorf Astoria be?

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.

What is 1000 Museum known for?

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.

Can I rent out my Downtown Miami condo?

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).

What cultural attractions are in Downtown Miami?

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.

How do I get around Downtown Miami?

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.

What's the most expensive condo in Downtown Miami?

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.

Is Downtown Miami a buyer's market?

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.


Downtown Miami vs. Brickell Comparison

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

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