The Waldorf Astoria Residences in Miami | Is this the most luxurious new condo in Miami?

Will This be The Most Luxurious Condo for Miami’s Urban Core?

Today we are taking you inside the Waldorf Astoria Residences in Miami. In this video, I interview a sales executive of the Waldorf Astoria Residences to find out whether this is a truly luxurious project, what sets this project apart and how it relates to other luxury projects in Miami. If you are looking to buy a luxury condo in Miami please do call me directly at +1.305.508.0899. I have been selling Miami real estate for over a decade, I’m familiar with all the variables of the market and I’m able to provide forecasted values of the neighborhood.

The Waldorf Astoria Residences in Miami will rise to a magnificent 1,049 feet above ground offering views overlooking all of Miami. This hand-crafted iconic development was conceptually designed by world-renowned architect Carlos Ott and will be developed by New York and Miami-based developer Property Markets Group. This highly anticipated and acclaimed development will be the tallest residential tower south of New York City and will set a new architectural benchmark further elevating Miami’s position as a leading global city. Waldorf Astoria is one of only a handful of 5-star hotel brands worldwide, known as the pioneer of white-glove service dating back to 1931. Groundbreaking is scheduled for Q1 2022 and you will get your keys 4 years later. For more information about the residences, amenities and other key data please click on this link.

Key Selling Points at the Waldorf Astoria Residences in Miami.

We always like to look subjectively at new condo projects and compare them with other high-end Miami condos. We look at unique features, and characteristics that are hard to copy such as finishes, views and locations. The end goal is to see whether the condo’s features justify its price point.

Below, I listed some of the characteristics that are standing out or are hard(er) to copy

• With 100 floors and standing 1,049 ft tall this is Miami’s tallest residential tower. The residences start from the 42nd floor all the way to the 100th floor. Nowhere else in Miami can you live this high up.
• The Waldorf Astoria Residences offer very spacious units. Miami’s urban core is not known for extreme spacious units, but the developer of the Waldorf Astoria Residences in Miami is now catering to a new wave of Miami buyers. This crowd is looking for a new primary residence and they are looking for space.
•      The two bedrooms range between 1,400 and 2,400 SF
•      The three bedrooms range between 2,400 and 3,500 SF
•      The four bedrooms range between 3,500 and 4,200 SF
• Residences are delivered fully finished and interiors are designed by award-winning interior design firm BAMO
• After cube 6 or the 60th floor residents will have completely unobstructed 360 degree views over the water and the city.
• Cube 8, which are the residences from the 80th till the 89th floor, offers unique floor plans. These extremely large residences offer unique views and there are only 8 condos for each of the 4 floor plans on that level.
• Brickell and the Downtown area have a limited amount of truly luxurious condos for sale. One Thousand Museum, the Aston Martin Residences and the Four Seasons in Brickell are the only competition at this level. The Waldorf Astoria fills a gap in the market.
• Although residents will enjoy the Waldorf Astoria signature white-glove services, the residential section including its amenities and social areas will be completely separated from the hotel
• The Penthouses, which start from the 90th floor and up, range between 6,300 and 13,000 SF. The extremely large penthouses, which come with 14ft ceilings, can be completely customized. Buyers can sit down with the developer to choose their own finishes and to customize the unit to their own liking. They even have the possibility to add a pool.
• For investors this condo can be rented for minimally 3 months, three times per year.

The Best Floor Plan at the Waldorf Astoria Residences in Miami

In the drawings above we are showing the key floor plans per cube. The best floor plans at the Waldorf Astoria Residences are the 01 lines and the 02 or 03 lines. These are corner residences with either northeast exposure (01 line) or southeast exposure (the 02 or the 03 line, depending on the cube). Please find more details about these floor plans below.

• For cube 4: Levels 42-49
  • The 01 line: 2 bedrooms + Den | 2.5 Bathrooms | 2,083 interior SF
  • The 02 line:  2 bedrooms + Den | 3.5 Bathrooms | 2,343 interior SF
• For cube 5: Levels 50-59
  • The 01 line: 3 bedrooms + Den | 3.5 Bathrooms | 2,659 interior SF
  • The 03 line:  2 bedrooms  | 2.5 Bathrooms | 1,984 interior SF
• For cube 6: Levels 60-68
  • The 01 line: 4 bedrooms | 4.5 Bathrooms | 3,256 interior SF
  • The 02 line:  3 bedrooms  + Den | 4.5 Bathrooms | 2,844 interior SF
• For cube 7: Levels 70-79
  • The 01 line: 3 bedrooms  + Den | 3.5 Bathrooms | 2,502 interior SF
  • The 03 line:  3 bedrooms  + Den | 3.5 Bathrooms | 2,838 interior SF
• For cube 8: Levels 80-89
  • The 01 line: 4 bedrooms, Den + Media Room | 4.5 Bathrooms | 3,575 interior SF
  • The 02 line: 4 bedrooms, Den + Media Room | 4.5 Bathrooms | 3,542 interior SF

The Value of the Waldorf Astoria Residences Miami.

So you have been able to read more about these residences, the amenities, the best floor plans and the unique selling points, but how do the prices relate to those of other buildings in Miami? In the overview below we compare the prices of the residences as well as the special residences in cube 8 to those of other high-end residences in Miami.

Is the Waldorf Astoria Condo the Best Condo in Miami?

The Waldorf Astoria Residences are associated with a great hospitality brand and come with white-glove services and state of the art amenities. The floor plans are extremely spacious and the height of this tower is not commonly seen in Miami, therefore making these residences unique. Each cube has just a limited (less than 10) number of units per floor plan, which makes the residences less generic. The condo is located in a very walkable part of Miami, just minutes from Brickell’s busy core with many restaurants, shops and bars. The units come finished and of course the super large penthouses are spectacular as you are basically given the option to design your own penthouse with your own finishes. The units come with a higher price tag, especially for the downtown area, but we are still in the early launch stages, which means we will find out soon whether there are buyers at this price point or not. Contact me for more information about the Waldorf Astoria Residences and for specific prices. Depending on the floor plan you choose and the price tag we will be able to give you our professional opinion.