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Miami Oceanfront Penthouse
Penthouse 4501, Faena House, Miami Beach, FL 33140
LLC
Miami Oceanfront Residence LLC
5 bedrooms7 bathrooms8,200 sq ftBuilt 2016
Property overview
Full-floor penthouse with 360° ocean and skyline views at Faena House.
An 8,200 sq ft full-floor sky residence with a 3,000 sq ft wraparound terrace and private rooftop plunge pool. Foster + Partners architecture, full Faena hotel service, and white-glove concierge.
Investment summary
Total offering
$28.0M
Price per share
$250,000
Total shares
112
Target yield
7.2%
Stay days / share
2 nights / yr
Rental discount
30%
5-yr projection
+35%
Available
92 shares
18 of 112 shares sold16.1% funded
Highlights
Foster + Partners design
Faena hotel service
Tax-friendly Florida jurisdiction
Amenities
Private rooftop poolFaena hotel servicesConciergeBeach club accessSpa membership
Ownership structure
Title to the property is held by a dedicated, bankruptcy-remote LLC. Each share represents a membership interest, governed by the LLC Operating Agreement.
- LLC entity
- Miami Oceanfront Residence LLC
- Total membership shares
- 112
- Vote weighting
- 1 share = 1 vote
- Property management
- Equity & Estate Concierge LLC
- Quarterly distributions
- Net of OPEX, mgmt fee, reserves
- Minimum holding period
- 3 years (transfers reviewed)
Risk disclosure
- Coastal exposure introduces hurricane and flood risk; insurance costs are elevated.
- Florida property tax assessment can rise after closing.
- Past performance does not guarantee future results. Real estate investments involve risk, including loss of capital.