Miami’s branded towers under $2 million: the lower the entry, the longer the wait
Delano opens at $758.9K, with keys listed for late 2031. Cipriani starts at $1.6M and has already topped out. Between them sit Faena on the Miami River and HQ by sbe in Edgewater. Four hotel names, one price line, and very different waits.
Renderings courtesy of the developer · subject to change. Image: Haute Residence building page for Delano Residences & Hotel Miami.
As of November 10, 2026, Haute Residence’s project pages list Delano Residences from $758.9K (Downtown, Q4 2031), Faena from $1.3M (Miami River, 4Q 2029) and Cipriani from $1.6M (Brickell, 2027 est.). Those three developers’ own sites showed no from-price that day. HQ by sbe’s official site lists from $850K. Not a ranking.
Two million dollars is a line, not a price. In Miami’s branded market, it is where a great many searches begin.
As of November 10, 2026, four branded Miami projects publish a from-price below that line. The names on the doors are hotel names: Delano, HQ by sbe, Faena and Cipriani. The catch is time. Among the three with a published delivery date, the lowest entry figure comes with the longest wait.
A from-price is an entry figure. It is not a claim that most residences in a tower sell under $2 million, and the upper ranges at Faena and Cipriani run far above it. Prices move, so request a dated sheet before you underwrite a purchase. For a wider inventory view, Haute Residence also keeps a separate list of South Florida new developments under $2 million.
Delano: the lowest door, and the longest runway
Delano Residences & Hotel Miami has the lowest entry figure in this group. Haute Residence’s project page lists a range of $758.9K to $4.9M, with pricing last updated in July 2026. It counts 421 residences and lists delivery in the fourth quarter of 2031, with the project in pre-construction. The developer’s official buyer’s guide, from July 2026, also describes 421 fully finished residences. Neither the official site nor that guide displayed a current from-price when checked on November 10.
The same project page describes a 90-story, 985-foot supertall in Downtown Miami, with architecture by Carlos Ott & CUBE 3, interiors by Meyer Davis, and the Delano hotel operated by Ennismore and Accor. For a buyer, that is the trade at the bottom of the price line: the most accessible door, attached to a delivery date that is still years out. A longer design briefing is in the Delano Residences guide.
HQ by sbe: an official price, and no published date
HQ Residences Miami is the only one of the four whose entry figure comes straight from the developer. Its official site, hqresidencesmiami.com, read “Starting at $850,000” and “From $850K” when checked on November 10, 2026. The same site describes 229 residences in a 35-story tower, with hospitality by sbe and architecture by Arquitectonica.
What the site does not publish is a delivery date, and Haute Residence does not yet have an HQ building page. Haute Residence’s October 25 news report (updated November 7, 2026) already attributed the $850K figure to the official site. For a buyer, HQ offers a clear price in Edgewater and an open question on timing. Ask for the construction schedule and the contract’s completion terms before comparing it with the dated towers.
Faena: a river setting, and a unit count to confirm
Faena Residences Miami has the widest spread in this group. Haute Residence’s project page lists a range of $1.3M to $39.5M, with pricing last updated in July 2026, and delivery in the fourth quarter of 2029. The project is listed as pre-construction, with sales now open, and lists signature Faena hospitality service. The official site and the developer fact sheet displayed no from-price when checked on November 10.
Renderings courtesy of the developer · subject to change. Image: Haute Residence building page for Faena Residences Miami.
The project page describes twin 68-floor towers on the Miami River designed by Rafael Viñoly Architects, with interiors by Bryan O’Sullivan Studio. The residence count needs care. A developer fact sheet, reviewed November 10, 2026, lists 406 one-to-four-bedroom residences, 20 River Lofts and 4 Sky Lofts, with penthouse residences available upon request. It does not print a single combined total, and none is inferred here. Haute Residence’s project page lists 406 residences. Florida Construction News, a construction-industry news outlet, reported 434 condominium units on November 4, 2026. Those figures are not reconciled here. Confirm the current count in the developer package.
Cipriani: the nearest keys, at the highest entry
Cipriani Residences Miami sits at the other end of the clock. Haute Residence’s project page lists it from $1.6M, last verified August 30, 2026, with height, status and top-of-tower pricing updated October 1, 2026, from developer materials. Delivery is listed as 2027 (estimated), with occupancy targeted for summer 2027, and the tower topped out in July 2026. The official site, checked November 10, states that vertical construction is complete and schedules occupancy for summer, the third quarter, of 2027. It did not display a from-price.
Renderings courtesy of the developer · subject to change. Image: Haute Residence building page for Cipriani Residences Miami.
Both the project page and the official site count 397 residences. The project page describes an 85-story tower in Brickell by Mast Capital and Arquitectonica, with interiors by 1508 London, and a service culture built on Cipriani hospitality and in-home dining. For a buyer, Cipriani is the most advanced of the dated towers here. It also carries the highest entry figure under the line.
What a buyer is really choosing
Read together, the four projects describe a simple trade. Delano asks the least to enter and the longest to wait. Faena sits in the middle on both counts. Cipriani asks the most and is closest to keys. HQ publishes a firm price and no date at all. None of that makes one tower better than another. It tells a buyer which question to ask first: how much they want to spend, or how soon they want to live there.
Side by side, as of November 10, 2026
| Project | From-price (source, as of) | Delivery and status | Residences | Brand and team on the cited page |
|---|---|---|---|---|
| Delano Residences & Hotel Miami | $758.9K (Haute Residence project page; pricing last updated July 2026). The official site and July 2026 buyer’s guide displayed no current from-price on Nov. 10. | 4th Quarter 2031 · pre-construction (project page) | 421 (project page; the official buyer’s guide also states 421 fully finished residences) | Delano hotel operated by Ennismore and Accor; Carlos Ott & CUBE 3; Meyer Davis (project page) |
| HQ Residences Miami (sbe) | From $850K / Starting at $850,000 (official site, checked Nov. 10) | Not published on the official homepage; no Haute Residence building page | 229 residences, 35 stories (official site, Nov. 10) | Hospitality by sbe; architecture by Arquitectonica (official site) |
| Faena Residences Miami | $1.3M (Haute Residence project page; range $1.3M–$39.5M; pricing last updated July 2026). The official site and fact sheet displayed no from-price on Nov. 10. | 4Q 2029 · pre-construction, sales now open (project page) | 406 on the project page; see the unit-count note above | Signature Faena hospitality service; Rafael Viñoly Architects; Bryan O’Sullivan Studio (project page) |
| Cipriani Residences Miami | From $1.6M (Haute Residence project page; last verified Aug. 30, 2026, with height, status and top-of-tower pricing updated Oct. 1, 2026). The official homepage displayed no from-price on Nov. 10. | 2027 (est.); occupancy targeted summer 2027; topped out July 2026 (project page). Official site, Nov. 10: vertical construction complete; occupancy summer / Q3 2027. | 397 (project page and official site) | Cipriani service and in-home dining culture; Mast Capital; Arquitectonica; interiors by 1508 London (project page) |
Rental rules and deposits: get the documents
This article does not state that any of these buildings allows short-term rentals. The Delano building page describes a furnished Delano Collection alongside residences for full-time living, including a “short-term rental flexibility” phrase. That marketing line is not treated here as a declaration or city authorization. Request the recorded declaration, any hotel or transient program disclosure, and counsel’s reading before you assume rental use.
Deposit schedules are omitted. Cipriani’s project page says to contact the developer for the current deposit schedule, and the official sites checked November 10 did not publish a complete deposit table. Request the current schedule with the price sheet.
Sources
- Haute Residence building pages, checked Nov. 10, 2026 (figures re-read Nov. 11, unchanged): Delano Residences & Hotel Miami; Faena Residences Miami; Cipriani Residences Miami
- Official project site, HQ Residences Miami: https://hqresidencesmiami.com/ (checked Nov. 10, 2026)
- Official project site, Cipriani Residences Miami: https://ciprianiresidencesmiami.com/ (checked Nov. 10, 2026; occupancy and construction status; no from-price displayed)
- Official project site, Delano Residences & Hotel Miami: https://delanomiamiresidences.com/ and July 2026 buyer’s guide (no from-price displayed)
- Official project site, Faena Residences Miami (no from-price or combined unit total displayed, Nov. 10)
- Developer fact sheet for Faena Residences Miami (406 one-to-four-bedroom residences, 20 River Lofts and 4 Sky Lofts; no printed combined total), reviewed November 10, 2026
- Florida Construction News, Nov. 4, 2026 (434-unit figure only): https://www.floridaconstructionnews.com/construction-begins-on-817-million-faena-residences-project-in-miami/
- Haute Residence: HQ Residences Miami news report; Delano Residences guide; Downtown Miami, Brickell, Edgewater and Miami hubs; South Florida new developments under $2 million
Frequently asked questions
Are all residences in these towers priced under $2 million?
No. The comparison uses each project’s published from-price, which starts under $2 million on the sources dated above. The upper ranges listed for Faena and Cipriani extend well above that line.
Which from-prices were confirmed on official developer sites on November 10, 2026?
HQ Residences Miami: starting at $850,000 on its official site. The Delano, Faena and Cipriani official homepages did not display a from-price that day. Their entry figures come from Haute Residence’s dated project pages, not from official developer price lists.
How many residences does Faena Residences Miami have?
A developer fact sheet itemizes 406 one-to-four-bedroom residences, 20 River Lofts and 4 Sky Lofts, with penthouses available upon request, and does not print a combined total. Haute Residence’s project page lists 406. Florida Construction News reported 434 units on November 4, 2026. Confirm the current count in the developer package.
Does this article say any tower allows short-term rentals?
No. Rental use depends on the declaration, any hotel program and applicable city rules. Request those documents; do not rely on marketing language.
When does Cipriani Residences Miami target occupancy?
Haute Residence’s project page lists delivery as 2027 (estimated), with occupancy targeted for summer 2027. The official site, checked November 10, 2026, stated that vertical construction is complete and occupancy is set for summer / Q3 2027.
Why doesn’t this article link an HQ building page on Haute Residence?
Haute Residence does not yet have an HQ Residences Miami building page. This article uses the official project site and Haute Residence’s existing October 25 news report instead.
Are deposit schedules published here?
No. They were not published as complete, current tables on the official pages checked November 10, 2026. Request the current schedule with the price sheet.