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Faena Reveals $39.5M Crown Residence at Miami River Twin Towers
Project update

Faena Reveals $39.5M Crown Residence at Miami River Twin Towers

Yoann Dorat September 23, 2026 2 min read
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Faena is putting a price — and a design team — on the top of its Miami River residential play. The brand has introduced the first penthouse collection at Faena Residences Miami, led by the Crown Residence, a two-story home listed at $39.5 million and designed by Faena Design Studio with Bryan O’Sullivan Studio in the London firm’s Miami debut.

Fortune International Group and KAR Properties are developing the project at 90 SW 3rd Street. Rafael Viñoly Architects designed the twin 60-story towers, which are planned for 434 condominiums. Until now, the published residential range sat roughly between 700 and 3,300 square feet; the new penthouse tier extends that ladder into the ultra-trophy segment that has defined recent Miami riverfront and Brickell launches.

The towers are linked by Faena Rose, an approximately 45,000-square-foot cultural and wellness environment spanning floors 61 through 64 — nearly 700 feet above the river — with programming space, an infinity pool, dining, lounges and private suites. Podium-level Tierra Santa Healing House adds spa and longevity programming, while fitness studios, padel, a golf simulator and resort pools round out the amenity stack.

Positioned as Faena’s permanent residential footprint on the mainland — and part of a broader Miami River district concept — the penthouse reveal is less a soft amenity update than a sales-market signal. At $39.5 million for the Crown Residence, Faena is competing for the same ultra-high-net-worth buyers chasing limited top-floor inventory across Miami’s branded pipeline.

Faena residence
For Sale
Downtown · Miami 21 images
Project behind this story Reservation

Faena residence

24 SW 4th St, Miami, FL, 33130

Faena Residences Miami is a forthcoming twin-tower luxury condominium project along the Miami River at 90 SW 3rd Street (Faena River District), delivering 434–440 residences across...

Developer website
Where the project stands ~2.5 years until keys are released
Coming Soon Proposed Contract Reservation Just Completed Completed

Currently at Reservation

440

Residences

62

Stories

$1M

Entry price

1–4

Bedrooms

Development

Fortune International Group, KAR Properties & Faena Group

Architecture

Rafael Viñoly

Interiors

Bryan O’Sullivan Studio

Landscape

Sasaki

CondoGrid outlook Announced handover window
~2.5 years until keys are released Targeting Q1 2029 Moderate confidence

Taken from the delivery window the development team has put on record, then tracked against construction milestones as they are reported.

Average rate
$2,672 / sq ft
faena miami
miami river
faena miami river