Villa Miami Residences in Edgewater | An Independent Review

An Independent Review of the Value and Price Levels at Villa Miami Residences in Edgewater

Welcome to our independent review of The Villa Residences in Miami. In this unbiased review, we’ll explore the features and lifestyle of Villa Miami (expected Q2 2026) as well as its prices. We won’t simply repeat the developer’s fact sheet – we aim to provide a comprehensive analysis of the condo.

We look at floor plans, uniqueness, neighborhood, the team behind this project, finishes, and of course the price point.

This is just the beginning of the conversation. You are welcome to contact me to get more specific about your individual needs and ambitions. We aim to assist clients in making better choices, and I hope this article will do just that. 

The Floor Plans at Villa Residences in Miami 

Villa Miami offers half-floor and full-floor residences. The half-floor residences come with 3 or 4 bedrooms and offer just below 3,000 SF with around 300-350 SF of terrace. The full-floor residences offer 4 or 5 bedrooms and around 5,900 SF of living space with a 600-700 SF terrace. Both the east and west-facing terraces are 10ft deep. The large Mario Carbone-designed kitchens are remarkable

The location of the bedrooms, as well as the kitchens, varies depending on the floor plan. We were told that the option of enclosing or opening up the kitchen and the location of the kitchen and master bedroom can be discussed with the developer but this depends on the type of floor plan and floor level. Needless to say, the earlier in the project you purchase, the easier this might be.

Residents can access the units via private elevator foyers and offer one entrance for service and one for residents. All units come with a separate family room, east and west-facing terraces, as well as a pantry and separate laundry room. Ceilings heights at Villa Miami are 10-11′ high.

Besides the full-floor residences, the south-facing half-floor 01 line is best. The Southside sells for a premium since it is located on a corner lot with an inlet towards the south. The only obstruction that might happen in the future, and is likely to happen, is when the corner lot on the other side of the inlet will be home to a new condo. This is however still a wide angle and will keep having amazing views. On the north side of Villa Miami views might be obstructed by the neighboring Biscayne Beach condo.

Besides the full-floor floor plans (piano model) we prefer the south-facing 01 lines. To preview all of the floor plans please go to our main Villa Miami page.

The Team

Major Food Group, the renowned hospitality and lifestyle brand, partnered up with Terra Group and 1000 Museum Group. They are well-known for their popular and trendy restaurants, such as Carbone, ZZ’s Club, Sadelles, and Dirty French. While luxury brands branching into real estate may raise concerns, Major Food Group’s experience in the hospitality industry inspires confidence.

ODP Architects, the architect of this project, has designed several prominent Miami buildings, including One Thousand Museum, Regalia, and Paramount Worldcenter. Miami’s Terra Group, recognized for their exceptional work on projects like Park Grove and 87 Park, and One Thousand Museum Group, who have an eponymous condo, are the developers of this project.

The interior design is being handled by Charles & Co, who are best known for their outstanding work at Soho House

Uniqueness of Villa Miami

While Villa Miami represents Major Food Group’s first foray into real estate, this may prove to be an advantage, motivating them to exceed expectations as they enter a new industry. The full-floor and half-floor units are a rarity in Miami, particularly in Edgewater, with only Elysee offering similar large units in a boutique condo building. With 60 to a maximum of 72 residences, Villa Miami is indeed a boutique condo.

It is important to mention that at Villa Miami, the full-floor residences are also available on the lower floors. From the 6th to the 10th floor, for example the condo offers full-floor units.

Previously, One Thousand Museum was the only Miami condo with a helipad, but Villa Miami will be the second to offer this feature. The developers are also promising a Como-inspired floating pool in Biscayne Bay, as well as marina for pick up and drop off of residents and their guests.

A notable aspect of this condo is its old-world charm, influenced by the classic elegance of villa living in Lake Como and Provence. The typical bright and sterile decor of Miami’s condos is replaced with darker colors such as greens and greys to capture the essence of Southern European elegance.

The project strives to have the same level of customer service offered at One Thousand Museum, which is renown for its excellence in Miami. Finally, every unit has 3 parking spaces.

Villa Miami Residences in Edgewater | An Independent Review of its value and lifestyle combined with market statistics and condo economics.

The Finishes

The range of finishes at Villa Miami is very particular and quite unique for Miami standards. Villa Miami offers porcelain tile and wood, typical for Miami luxury condos. Kitchen cabinets come in dark green or an off-cream grey kind of color. Very different than your usual bright Miami colors but very in line with the old-world elegance the developers want to revive.

The kitchen range is by CornuFé, a typical old age, custom range for kitchen appliances by La Cornue. In addition, this condo offers a gas range which is desired by most buyers. The brand is quite unique to see in Miami condos but it goes with that South European, old-world vibe. Countertops and backsplashes come in Taj Mahal Quartzite stone.

The developer is trying to create a true chef’s kitchen, which is hard to accomplish in a condo, but he is coming close.

The Economics

The blended average at the Villa in Miami is $1,650 as of April 2022. In the first picture in the gallery below, I share how this relates to other new construction condos in Miami. As you can see, it is well-priced for the overall Miami market, but priced higher than other new condos in the area.

The second screen shows how this price point relates to resale condos in the Edgewater and Downtown area. Here you see that the price point is relatively high compared to other condos in the area, competing with One Thousand Museum and Elysee.

If you have any questions about the analysis relevant to your potential purchase, please do not hesitate to reach out at 305.508.0899. I would be happy to discuss this further with you.

What we do not like about Villa Miami

As good as a condo might be, they will not work for everyone and depending on your buyer profile and budget this might not be the condo for you. 

  • At an average of $1,650 per SF, Villa Miami might be relatively affordable for a brand new Miami waterfront condo, but it does have a high price tag for the Edgewater neighborhood.
  • The HOA fees are high and start at $2.1 per SF. It may well be worth it, but its a high fee for Miami standards.
  • The garage is separated from the main condo building. If you will not use the valet service (which many buyers aren’t a fan of) you will need to walk from the adjacent parking garage back into the building. It’s a short walk but some buyers might find it bothersome.
  • The area is subject to flooding. Depending on how elevated the condo is this might lead to inconvencienes from time till time.

Alternative Condos

  • Most Identical Condos in Edgewater: If you are looking for a newer, boutique condo in Edgewater look at Elysee. Elysee also offers large half and full-floor residences. Finished in 2021, these are selling for around $1,200-$1,500 per SF. HOA fees at Elysee are at $1 per SF (compared to $2,10). Another identical condo with half and full floor units is One Thousand Museum in Downtown Miami.
  • Other New Construction Condos in Edgewater or the Urban Core: Edgewater also offers Edition Residences in case you want a hospitality-branded condo. The Brickell area offers 1428 Brickell AveCipriani ResidencesBaccarat, or St Regis in Brickell.

Want to compare this project to other new Condo Constructions in Miami and Fort Lauderdale?

If you want to consider or compare this to other projects in Miami and Fort Lauderdale. Please visit our complete new Condo construction page where you can find details of every single project being built between 2023 and 2028: CLICK HERE. If your ready to know more, then simply call me direct, email me or book a calendly appointment below to chat.

Why work with me to buy your pre-construction unit?

As an independent analyst, I have researched, studied, reported, and MOST importantly helped hundreds of buyers purchase new construction and resale Condos for over 15 years. I am available to help, partner, and guide you to the best units without bias. I hold ‘super-broker’ status within the real estate community. In addition, I’m one of the few agents to be hired as a consultant on the development and marketing of four luxury projects over the past five years. I understand intimately the process, strategies, and legalities of new construction. Moreover, I have an insider’s understanding of how they work, advertise, market, legally operate, and sell – both the good and bad! My experience and connections allow me to navigate my way to direct dialogue with the developer on your behalf. Advising, protecting, and executing luxury pre-construction condo deals at the best prices and with the best terms for my clients. My advanced software allows me to provide a clear understanding of new and resale value history to clients. My Top 10 New Construction Condo Rankings enable buyers to see how any new condo stacks up against the competition throughout Miami. Finally, my understanding of project specifics and statistics is unmatched. Want to know more? Call me for an impartial chat at (305) 985-0642 and let me openly and freely share my knowledge with you. You can also email me: David@siddonsgroup.com or register on the Calendly app for a Zoom call.

ady to know more, then simply call me direct, email me or book a calendly appointment below to chat.

FAQ

These are the most commonly asked Google Real Estate Related questions

1. What are the Current Best New Condos in Miami?

If you want to hear in more details our opinions on the best new Miami new construction condos. Please read this article:Best New Construction Condos 2022-2023

2. What is the best New Construction Condo in Fort Lauderdale?

In our opinion, the Residences at Pier Sixty-six are certainly the most interesting and unique. Already well underway this 32 Acre project will be home to the first of its kind Marina where owners will be able to anchor up vessels up to a staggering 400 ft! For specifics of this project see our independent review of this project.

3. How can I compare the new luxury construction Condos to the best existing Luxury Condos in Miami? 

Our Best Luxury Condos in Miami article will prove to be very useful to those looking to compare the existing to the new. You may also want to watch this video which shows the performance of the best Condos in Miami over the last 15 years!

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