Delano Residences Miami — Complete Buyer’s Guide 2026
Last Updated: March 2026
What is Delano Residences and where is it located?
Delano Residences is a 90-story luxury condominium tower planned for downtown Miami’s World Center district. Developed by Property Markets Group (PMG) in partnership with Accor’s iconic Delano hotel brand, the tower will deliver approximately 421 residences with anticipated completion in 2028-2029. The project channels the original Delano South Beach aesthetic — Philippe Starck’s vision of theatrical luxury — into a vertical residential format at a scale Miami hasn’t previously seen.
The World Center location places Delano at the convergence of downtown’s growth corridors. Brightline’s MiamiCentral station is within walking distance, providing direct rail links to Fort Lauderdale and West Palm Beach. The Kaseya Center entertainment complex is immediately south. This is PMG’s backyard — they’ve invested heavily in the district with E11EVEN Hotel, the E11EVEN nightclub, and multiple parcels — and they have every incentive to see the neighborhood succeed.
What are the prices at Delano Residences?
Prices at Delano Residences start at approximately $800,000 for studios and one-bedrooms, with two-bedrooms ranging from $1.2M to $2.5M, three-bedrooms from $2M to $4.5M, and penthouses exceeding $8M. The average price per square foot sits between $1,100 and $2,000, positioning Delano in the upper-mid luxury tier — above generic downtown product but below the ultra-luxury pricing of Waldorf Astoria next door.
PMG’s pricing strategy reflects their proven approach: start aggressive enough to generate early sales velocity, then escalate prices as construction milestones are hit. Buyers who enter during current pre-sales phases are purchasing at the lowest price per square foot this building will ever offer. The developer’s track record at E11EVEN Hotel — where early buyers saw 20-30% appreciation by delivery — suggests similar trajectory potential here.
What is the deposit structure at Delano Residences?
The deposit structure at Delano Residences requires approximately 30-40% during the pre-construction period, paid in installments tied to construction milestones. A typical structure is 10% at contract, 10% at groundbreaking, 10% at top-off, and the balance at closing. PMG has been known to offer flexibility on deposit timing for qualified buyers, particularly in early sales phases.
The 30% pre-closing structure is standard for the downtown luxury market. What separates PMG from some competitors is their willingness to work with buyers on customized deposit schedules for larger purchases. If you’re looking at a $2M+ unit, there’s often room to negotiate the timing of installments without changing the total pre-closing commitment. I’ve structured these for clients before and the flexibility is genuine.
What amenities does Delano Residences offer?
Delano Residences will deliver over 100,000 square feet of amenity space, drawing on Accor’s hospitality expertise and the original Delano’s theatrical design language. The program includes a signature pool deck inspired by the original Delano South Beach pool (one of the most photographed hotel pools in the world), a full-service spa, fitness center, co-working spaces, private dining rooms, a screening room, children’s facilities, and dedicated social spaces designed for the kind of curated experiences the Delano brand is known for.
Delano’s amenity advantage is the hospitality DNA. This isn’t a condo developer bolting a gym and pool onto a residential tower — it’s a hotel brand extending its service culture into permanent residences. Residents will have access to Delano’s concierge, housekeeping, and lifestyle programming. The difference between a condo amenity space and a hotel-branded amenity space becomes obvious the first time you use it.
How does Delano compare to other Downtown condos?
Waldorf Astoria (PMG, 100 stories, ~$1M+) is the same developer’s flagship supertall project with higher pricing and Hilton’s most prestigious brand. Aston Martin Residences (66 stories, delivered) offers immediate occupancy with automotive branding. Okan Tower brings Turkish hospitality with a mixed-use hotel component at a more accessible price point.
Delano occupies a specific position: Accor’s lifestyle brand cachet at a price point below Waldorf but with more personality than generic downtown towers. For buyers in the $1M-$3M range who want branded residences in a supertall format, Delano may offer the best value proposition in the district. The 90-story height ensures unobstructed views from the majority of floors, which is increasingly important as downtown’s skyline fills in.
Is Delano Residences a good investment in 2026?
Downtown Miami’s investment case rests on two structural trends: corporate relocation (bringing high-income professionals who need housing) and infrastructure investment (Brightline, Signature Bridge, Underdeck park) that is permanently upgrading the district’s livability and connectivity. The World Center submarket specifically benefits from PMG’s concentrated development — they’re not just building towers, they’re building a neighborhood.
The risk is delivery timing and supply. With Waldorf Astoria, Delano, and multiple other towers delivering in the 2027-2029 window, the downtown market will need to absorb significant new inventory simultaneously. PMG’s track record suggests they manage this well — E11EVEN Hotel was heavily oversubscribed — but buyers should maintain realistic expectations about the resale market in the first 12-18 months after delivery. Contact me at 305-321-7655 to discuss positioning and unit selection strategy.
Speak with Adrian Sanchez
Contact WIRE Miami for current pricing, availability, and preferred access to Delano Residences Miami.
Call 305-321-7655