GroundFloor Miami
DELANO Residences, developer rendering

Biscayne Boulevard, Downtown

DELANO Residences

Two products in one tower. D Collection is a hotel-managed investment and D Residences is a home, so price and underwrite them separately.

From
$770K
Residences
421 in two programs
Delivery
Est. end of 2030
Stage
Pre-construction
HOA
$1.85 per sq ft

380 ft

Waldorf Astoria's 100-story tower is rising this close to Delano.

Plus 21 more lots within a quarter mile that could be built on. Also coming: Okan Tower (rising, 1,440 ft).

County parcel records, Oct 17, 2026; not checked on the street. See them on the 3D map ›

Strengths

  • Lowest entry of our top six, with a recognized hotel brand on Biscayne Boulevard.
  • D Residences (floors 49–75) comes fully finished with Delano Members Club access and beach services at Delano South Beach.
  • Many lines include a deeded office on floors 5–8, which is unusual in this price range.

Risks

  • The longest horizon of the six: 60% is due at closing, estimated end of 2030. Groundbreaking is only estimated for June 2027.
  • Carrying cost is high: $1.85 per sq ft in HOA, plus $132 a month for the office. On 1,000 sq ft that is about $1,980 a month.
  • D Collection returns depend on a hotel management agreement we have not yet seen. D Residences rentals require a six-month minimum.

Before you sign

  • Get the management agreement (owner blackout dates, revenue split, fees) before you choose D Collection.
  • Model the HOA against realistic rent before you sign, not after.
  • Confirm what 30% paid by groundbreaking means for you if the start slips.
  • Ask what share of the building is under signed contract with deposits posted. Reservations are not sales.
  • Ask for the condo budget: HOA per sq ft, the reserve study and the insurance line. Florida now requires full structural reserves, and they flow into your fees.

Cash due, by date

Schedule on a $770K residence, the entry price.

  1. 10%At contract$77K10% paid
  2. 10%October 2026$77K20% paid
  3. 10%At groundbreaking, est. June 2027$77K30% paid
  4. 10%One year after groundbreaking$77K40% paid
  5. 60%At closing, est. end of 2030$462K100% paid

Delano's published deposit schedule. The signed contract controls.

Plan to hold

Plan to hold about 6 years.

  1. TodaySign and fund the first deposits
  2. End of 2030Building finished (estimate)
  3. About 2031Developer reaches about 95% sold
  4. About 2032Your clean resale window opens

The rule we use: your real chance as a reseller starts once the building is finished and the developer is about 95% sold, usually within a year of completion. Before that, the developer undercuts resales with closing credits and incentives, and every early buyer is trying to sell at the same time. If the finish date slips, the plan moves with it.

Built next door

How the finished towers around DELANO Residences rate. They are your future neighbors, and your alternative if you would rather buy built.

  • The Elser50 m · built 2022Review3.5
  • Vizcayne160 m · built 2008Review3.5
  • Loft Downtown I170 m · built 2005Review2.5

Ratings out of 5 by Ryan's Rankings.

The other towers we brief

Compiled by GroundFloor from developer materials, Miami-Dade and City of Miami records, construction reporting, and our own site visits. Neighbor ratings by Ryan's Rankings. Verify every figure against your contract and condominium documents. Updated October 17, 2026.