MIAMI PRIMECondos

Faena House Building Guide

3315 Collins Ave, Miami Beach, FL 33140 · Miami Beach

1 for sale0 for rent$7.8M – $7.8M$3,508 / sqft median

Inside Faena House

Foster + Partners gave Faena House its signature: continuous wraparound terraces, the deep 'aleros' that turned this 2015 tower into the emblem of Alan Faena's Mid-Beach arts district in Miami Beach. Its 47 residences sit steps from the Faena Hotel, theater and Forum, drawing on the hotel's dining, spa and beach operation. A penthouse here once traded at the highest price ever recorded in Miami-Dade County, and the building has held the top of the market's conversation since. It appeals to collectors and design-driven buyers as much as to beach seekers.

On 3315 Collins Ave in Miami Beach, Faena House is a residential condominium and dates to 2015. We follow this building unit by unit: each line, floor and exposure trades at its own level, so the listings below are sorted by status — available, under contract and recently closed — rather than blended into a single average.

The layouts seen in recent MLS activity run from 2-bedroom plans up to 4-bedroom residences. Shared facilities on record for the building include bike storage, doorman, elevator(s), exercise room, heated pool and pool — worth confirming with the association which are covered by the monthly dues and which carry their own fees. For closed prices, rents and time-to-sell by bedroom count, scroll to the twelve-month market report for Faena House further down.

Building Record

Address
3315 Collins Ave, Miami Beach, FL 33140
Year Built
2015
Architect
Foster + Partners
Median Price / SqFt
$3,508

Shared Amenities at Faena House

  • Bike Storage
  • Doorman
  • Elevator(s)
  • Exercise Room
  • Heated Pool
  • Pool
  • Spa/Hot Tub

In-Unit Features at Faena House

  • Closet Cabinetry
  • Dishwasher
  • Dryer
  • Entrance Foyer
  • Gas Range
  • Impact Glass
  • Ocean View
  • Open Balcony
  • Refrigerator
  • Skyline
  • Terrazzo
  • Walk-In Closet(s)
  • Wall Oven
  • Washer
  • Wood

Finishes differ from unit to unit; check any feature against the specific listing before relying on it.

Layouts & Floor Plans in Faena House

Unit layouts recorded in Faena House listings, active and recently closed:

ResidenceSize RangeFor SaleFor RentSale PricingAvg $/SqFt
2 Bed / 3 Bath2,030–2,238 sqft1—$7.8M$3,508

Compiled from MLS records. Ask for the official plan of a particular line and we will send the developer drawing.

Faena House Listings

Faena House — Units for Sale

Faena House: Twelve-Month Condo Readout

A rolling year of recorded closings and signed leases for Faena House, recalculated as new MLS closings post. Switch the metric or bedroom count below to isolate the part of the building stock you are shopping.

Closed sales:
3
Median closed:
$16M
Per sqft:
$3,842
Median days to sell:
77
Year over year:
+160.2%
0$13M$25MDecJanFebMarAprMayJunJulAugSepOctNovJan: $7.1M (1 sales)May: $16M (1 sales)Jun: $20M (1 sales)$7.1M$20M
$16M
Median (12 mo)
3
Sales (12 mo)
77 days
Median DOM

Last 12 Months by Bedroom Count

ResidenceSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
2 Bed1$7.1M$3,4830———
4+ Bed2$20M$4,228213———
Month-by-month table — All
MonthSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
Dec 2025———————
Jan 20261$7.1M$3,4830———
Feb 2026———————
Mar 2026———————
Apr 2026———————
May 20261$16M$3,842213———
Jun 20261$20M$4,22877———
Jul 2026———————
Aug 2026———————
Sep 2026———————
Oct 2026———————
Nov 2026———————

Where Faena House Sits

Towers to Compare With Faena House

Comparable Miami Beach buildings whose current listings overlap the Faena House price band — worth touring side by side:

Questions Buyers Ask About Faena House

Which association documents should I review before buying at Faena House?

Request the current budget, the reserve study, at least a year of board minutes, the rules and regulations, and a written statement of any special assessment that is approved or under discussion. Florida's condo-safety laws now require milestone structural inspections and structural integrity reserve studies for buildings of three or more stories, so ask where Faena House stands on both.

Does Faena House allow pets?

Pet policy is set by the Faena House association and can limit the number, size or type of animals — and a board vote can change it. Get the current rule in writing before you make an offer; we request it as a standard step on every condo purchase we handle.

What leasing rules apply to owners at Faena House?

Minimum lease length, how many times a year a unit may be leased, tenant approval and any waiting period for new owners are association decisions. If you plan to rent the unit out, verify the current policy first; the rental and leased tabs on this page show the lease activity recorded here.

How do view lines and floor height affect value at Faena House?

Inside one tower, price follows the stack: exposure, view corridor, floor height and whether the line is a corner unit all matter. Compare closed prices by bedroom count in the market report, then ask us which lines in Faena House face which direction before you build a shortlist.

Does a unit at Faena House come with parking?

Parking arrangements differ by building and sometimes by unit — assigned spaces, valet, or spaces conveyed as limited common elements. Confirm how many spaces transfer with the specific residence and whether guest parking or storage costs extra.

How does Gromadzki Real Estate price a unit in Faena House?

Building first: closings in the same line and bedroom count, then nearby floors, then comparable towers in Miami Beach. The association's health — reserves, assessments and insurance — gets equal weight, because it shapes the monthly cost of ownership as much as the purchase price does.

How old is Faena House?

Faena House dates to 2015; the architect is Foster + Partners.

What is the street address of Faena House?

The building's address is 3315 Collins Ave, Miami Beach, FL 33140 — part of Miami Beach. The map lower on this page pins its exact location.

Faena House: Building Notes

Building file: Faena House, Miami Beach, Miami Beach, Florida 33140 (Miami-Dade County). Credits — architect Foster + Partners; delivered 2015. Before any offer here we pull the association's current budget, reserve funding, recent board minutes, any approved or proposed special assessment and the building's milestone-inspection status, then price the unit against closings in its own line before looking at neighboring towers. Buyers weighing Faena House usually tour The Bath Club, Villa di Mare and Monaco Yacht Club & Residences as well. To see a specific unit or ask which lines face which direction, call Matthew Gromadzki at +1 786-370-8570.