Faena House
3315 Collins Avenue, Miami Beach, FL 33140
Faena House is the residential centerpiece of the Faena District — a Foster + Partners-designed 18-story tower with 47 residences, beachfront, and full access to Faena Hotel services next door.
It sets the price ceiling for Mid-Beach. A buyer choosing Faena over South of Fifth is usually trading nightlife proximity for privacy, the cultural pull of the Faena Forum and Theater, and a quieter beach.
Building Snapshot
| Year Built | 2015 |
| Units | 47 |
| Price / sqft | Approx. $2,500 – $3,500+ / sqft |
| HOA Range | Approx. $1.80 – $2.40 / sqft / month |
| Rental Rules | 6-month minimum lease, max 2x per year |
| Financing | Non-warrantable — portfolio or jumbo lenders |
| FHA Approved | No |
What Buyers Need to Know
- Beachfront with direct service from the adjacent Faena Hotel — pools, spa, restaurants, beach club all accessible.
- Limited resale inventory; 47 units total. When a desirable line comes up, it moves quickly even in a slower broader market.
- Rental rules align with Mid-Beach norms — primary/secondary use, not short-term investor product.
- The Faena District (Forum, Theater, Bazaar) drives ongoing demand from cultural and design-oriented buyers, which insulates pricing somewhat from broader market softness.
Frequently Asked Questions
Is Faena House on the beach?
Yes. Faena House is directly on the sand with access to a private beach club operated by the adjacent Faena Hotel.
Can residents use the Faena Hotel amenities?
Yes. Residents have access to hotel services and amenities including pools, spa, restaurants, and beach service. Specific terms can change — confirm current arrangement with management.
What are the rental restrictions?
6-month minimum lease, with a cap of two rentals per calendar year. Short-term and vacation rentals are not permitted.
How does Mid-Beach pricing compare to South of Fifth?
Faena House sits at or near South of Fifth trophy pricing on a per-square-foot basis. The trade-off is location: more residential, quieter beach, less nightlife proximity, more cultural programming.
Building data current as of May 2026. HOA fees, rental rules, and financing eligibility change — verify directly before making any offer.