Project Analysis

Is Delano Residences a sensible investment? (2026 analysis)

Erman Adanır, Gayrimenkul Yatırım Danışmanı · Florida Lisanslı BrokerGüncelleme: 9 Eylül 20269 min read
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Delano Residences is a 90-story project at 400 Biscayne Boulevard in Downtown Miami; all 421 residences are delivered furnished and prices start from $800,000. Delivery is 2031 — the furthest of the four projects MiamiLi features.

Delano Residences is the branded residence project developed by PMG in partnership with Ennismore in Downtown Miami. Ennismore sits under Accor, meaning the brand standard is tied to a corporate hotel operation. Architecture is by CUBE 3, concept design by Carlos Ott, interiors by Meyer Davis.

This project differs sharply from our other three featured projects on two points: a far lower entry band ($800,000) and a far more distant delivery (2031). Together they mean this is a different investment profile — not a cheaper alternative.

How much do residences at Delano Residences cost?

According to brand partner Ennismore’s announcement, residences start from $800,000. That is the lowest entry band among the four projects MiamiLi features.

Layouts range from studio to three-bedroom and the building holds 421 residences in total. What is on offer here is not an ultra-luxury residence but an accessible entry point in a branded building. Price separates significantly above that band by floor, exposure and collection.

Delivery in 2031 — what does that mean?

The defining feature of this project is its delivery date. 2031 is the furthest delivery among the four projects MiamiLi features and the variable at the centre of the investment decision.

Spreading payment across a long schedule is a cash-flow convenience; against that, capital stays committed for close to six years, produces no rent, and both market and personal circumstances can change over that period. This is not a flaw but a different investment profile — one that should be chosen knowingly.

In addition, timeline slippage in a 90-story supertall is normal rather than exceptional. Engineering, supply chain and permitting carry more breaking points than in a lower-rise project.

Can a Delano residence be rented out?

This is the project’s most distinctive feature and the one that most repays careful reading. The building is structured as TWO SEPARATE COLLECTIONS, and the rule differs by collection.

  • Delano Collection (floors 20 to 47) — carries no rental restrictions
  • Delano Residences (floors 49 to 75) — does not permit daily rentals

Why should this come before price?

Because the floor your residence sits on directly determines how you may use it. For an investor planning short-term rental income, floor 49 and above is the wrong address; for a user wanting a quieter neighbourhood without daily rentals, it is exactly the right one.

Having rental rules written this openly is actually rare in Miami. In most projects the rule stays inside the building documents and the buyer learns it after delivery — at which point there is no way back.

What difference does furnished delivery make?

All 421 residences are delivered fully finished and furnished. For a buyer considering remote ownership that makes a serious practical difference: there is no need to come to Miami after delivery and run a furniture, appliance and decoration process.

It also matters when budgeting — the cost of buying a comparable residence empty and fitting it out is not a small line item in this segment. In return, it is a constraint for a buyer who wants to design their own interiors; you are buying a prepared package rather than freedom of choice.

Payment schedule and HOA fees

Neither has been published by the developer. A detailed payment schedule circulates on a broker site, but that site states plainly in its own legal notice that it has no relationship with the developer. A third party’s summary is not the developer’s commitment, and for that reason it does not appear in this article.

In a project delivering in 2031 the payment schedule is the most critical part of the decision — a plan spread over six years must be sustainable for six years. The single most important clause to ask about is the assignment right: can you transfer the contract to someone else before delivery? In a project this long, whether an exit exists matters more than the entry price.

MiamiLi’s view

This is not a "cheap branded residence" opportunity but a different investment profile. The low entry band and furnished delivery are real advantages; having the rental rule written down openly is a rare transparency.

But the decisive factor is 2031. It makes sense if you can commit capital for close to six years and if spreading payment suits you. If you want early rental income or nearer delivery, this project is wrong for you — the same list contains an option delivering in 2027. The one critical question before contract: which collection’s floors are you on.

Frequently Asked Questions

How much do residences at Delano Residences cost?

According to brand partner Ennismore’s announcement, residences start from $800,000 — the lowest entry band among the four projects MiamiLi features.

When will Delano Residences be delivered?

Delivery is estimated for 2031 — the furthest of the four featured projects. In a 90-story supertall, timeline slippage is a normal risk.

How many floors and residences does Delano Residences have?

The tower was announced at 90 stories and 985 ft (≈300 m), containing 421 residences, all delivered fully finished and furnished.

Can a residence at Delano Residences be rented out?

It depends on the collection: the Delano Collection (floors 20 to 47) carries no rental restrictions, while Delano Residences (floors 49 to 75) does not permit daily rentals.

What is the payment schedule at Delano Residences?

The developer has not published a payment schedule. Schedules circulating on broker sites are not the developer’s commitment; ask for the current plan in writing.