Delano Residences & Hotel
At 90 stories and 400 Biscayne Boulevard, Delano Residences & Hotel will be Miami's second supertall, with closings estimated for late 2030 to early 2031. Developed by Property Markets Group (PMG) with interiors by award-winning firm Meyer Davis and architecture by CUBE3, it brings 421 fully finished residences and an iconic brand to Downtown Miami.
We are buyer's agents at BHHS EWM Realty, independent from PMG and the developer's sales team. Our job is to give you the full picture: payment structures, contract terms, investor vs. residential unit differences, and honest resale analysis.
Explore the Building
Inside Delano
Artist conceptual renderings, interiors designed by Meyer Davis
Artist conceptual renderings. Actual views, finishes and features subject to change. See legal disclosures.
Our Independent Assessment
Our Recommendation on Delano
Delano Residences & Hotel is one of the most compelling pre-construction opportunities we have represented in Downtown Miami, but it is not the right fit for every buyer, and going in without understanding the unit tier differences is a costly mistake.
For investors, the Collection units (floors 20–47) offer genuine short-term rental income potential through the Delano hotel program. The brand is real, the operator is established, and the location at 400 Biscayne is hard to argue with. That said, hotel programs carry management fees and occupancy risks that buyers should model out before committing.
For end-users and long-term holders, the Residences units (floors 49–75) deliver the full luxury lifestyle without hotel operations overhead, higher floors, larger layouts, and a quieter ownership experience. The premium over Collection units is justified if your primary goal is use and long-term appreciation rather than short-term yield.
What we tell every client: the staged deposit structure (10-10-10-10-60) is genuinely buyer-friendly compared to most pre-construction in Miami. The 60% balance is due only at closing (estimated late 2030 to early 2031), which gives you time and flexibility. But the contract terms and condo docs deserve a close read. That is exactly where we add value.
Carlos Olivares, Broker-Associate, BHHS EWM Realty | FL #3051724
Working With Carlos & Lina vs. Going Direct
The developer's sales team works for PMG. We work for you. Here's what that difference looks like in practice.
| What you get | With Carlos & Lina | Developer's Agent |
|---|---|---|
| Represents your interests (fiduciary duty) | ✓ | ✗ |
| Independent contract review & analysis | ✓ | ✗ |
| Honest unit tier comparison (investor vs. residential) | ✓ | ✗ |
| Resale & rental yield analysis, no spin | ✓ | ✗ |
| FIRPTA guidance for international buyers | ✓ | ✗ |
| Attorney & lender referrals (cross-border) | ✓ | ✗ |
| English, Spanish & Portuguese service | ✓ | Varies |
| Cost to you | Zero, paid by developer | Zero, paid by developer |
Independent buyer representation costs you nothing, our commission is paid by the developer as part of the transaction.
Get Independent RepresentationThe Payment Schedule
Delano uses a staged deposit model spread across construction milestones, you are not paying 100% upfront. The majority is due only at closing.
| Milestone | When | Amount |
|---|---|---|
| Contract deposit | At signing | 10% |
| Second deposit | October 2026 | 10% |
| Groundbreaking deposit | June 2027 | 10% |
| Construction milestone | June 2028 | 10% |
| Balance at closing | Est. late 2030 to early 2031 | 60% |
Dates are developer estimates subject to change. Contact us for current availability and floor plan pricing.
Quick Answer
Is Delano Residences Miami a good investment?
Delano Residences Miami offers a credible investment case for buyers who understand the product. Collection units (floors 20–47) generate short-term rental income through the hotel program. Residences units (floors 49–75) suit long-term holders and end-users. The staged 10-10-10-10-60 deposit structure reduces capital exposure. Independent buyers' agent representation is strongly recommended, the developer's team works for PMG, not you.
Frequently Asked Questions
What is Delano Residences & Hotel Miami?
A 90-story, roughly 985-foot branded condominium tower at 400 Biscayne Boulevard in Downtown Miami, and Miami's second supertall. It has 421 residences in two collections, the Delano Collection (floors 20 to 47) and the Delano Residences (floors 49 to 75), plus Miami's first-ever observation deck over 850 feet. Closings are estimated for late 2030 to early 2031.
Who are Carlos and Lina, and who do you represent?
Carlos Olivares and Lina Rivera are licensed agents at Berkshire Hathaway HomeServices EWM Realty in Miami. We are independent buyer's agents: we represent buyers only, never the developer, so our advice is about what is right for you.
How much does it cost to buy at Delano?
Prices start at about $800,000 for suites, based on developer estimates that can change. Prices vary by unit line, floor and availability, so contact us for the current list.
How does the payment schedule work?
The developer's schedule is 10% at contract signing, 10% in October 2026, 10% at groundbreaking (estimated June 2027), 10% at a construction milestone (estimated June 2028) and 60% at closing. That means 40% of the price is paid before closing.
Can I buy if I live outside the United States?
Yes, in most cases. US citizenship is not required, but Florida's SB 264 restricts some purchases by people domiciled in countries of concern, including Cuba and Venezuela. Buying new construction directly from a US developer normally carries no FIRPTA withholding at purchase. Confirm your situation with a cross-border attorney and CPA; we can refer you.
What happens when I contact you?
We reply within one business day. You can ask for the official brochure, floor plans and pricing, our free Insider Guide, or a private 30-minute consultation. There is no obligation.
Free download
The Insider Guide to Buying at Delano
Six pages from Carlos and Lina: how the Collection and Residences differ, how the money moves, buying from abroad, what to weigh honestly, and ten questions to ask before you sign. Send us the short form and the download is waiting on the next page.
Get the Insider GuideReady to Learn More?
No pressure. No developer talking points. Just the facts, your options, and honest guidance from agents who work for you.
Explore views by floor, floor plans, or meet Carlos & Lina.
Artist conceptual renderings shown throughout. All features, pricing, and dates subject to change without notice.