Villa Miami is a 55-story luxury residential tower at 700 NE 29th Street in Edgewater, Miami, offering full-floor and half-floor residences starting from approximately $6 million. Developed by Terra and One Thousand Group with hospitality by Major Food Group, it delivers one of the most compelling luxury living experiences in Miami's pre-construction market. Here is everything you need to know before purchasing.
What Makes Villa Miami Different?
In a market full of branded residences and luxury towers, Villa Miami stands apart for one reason: the team behind it. This is not a branded hotel partnership where a name gets slapped on a building. Instead, Terra assembled a group of creative visionaries who are each deeply involved in designing the actual living experience.
David Martin, Terra's CEO, has been one of South Florida's most thoughtful developers for over a decade. His projects — from Grove at Grand Bay to Park Grove to the Eighty Seven Park collaboration with Renzo Piano — consistently prioritize design quality and livability over sheer scale. Villa Miami follows that same philosophy but at a new level of ambition.
Major Food Group — Jeff Zalaznick, Mario Carbone, and Rich Torrisi — is not just operating a restaurant in the lobby. They are curating the building's entire lifestyle: a ground-floor signature restaurant, residents-only dining experiences, rooftop food and beverage programming, and the social culture of the building itself. If you have been to Carbone or ZZ's, you understand what that means for the quality of daily life here.
Vicky Charles of Charles & Co, formerly Soho House's Global Head of Design, brings her layered, lived-in aesthetic to the residences. And Enzo Enea, one of Europe's most celebrated landscape architects, creates the outdoor environments. This is not a developer assembling names for marketing — it is a genuinely collaborative creative team.
What Residences Are Available at Villa Miami?
The tower offers three residence types, all on the upper floors with expansive views of Biscayne Bay, the Atlantic, and the Miami skyline:
Villa Mezzo — Half-Floor Residences
Four bedrooms, four and a half bathrooms. These are the entry-level units at Villa Miami, and they are anything but basic. Each Villa Mezzo occupies a full half of its floor, with private elevator access and sweeping east-west views. Starting from approximately $6 million, these represent the most accessible way into the building. For detailed layouts, view all floor plans on our main site.
Villa Piano — Full-Floor Residences
Five bedrooms, five and a half bathrooms. A full floor of living space with 360-degree panoramic views, private elevator foyer, and the kind of square footage typically only found in single-family estates. These are true homes in the sky — not apartments with a premium label. Pricing is available on request.
The Penthouse — Levels 54-55
Five bedrooms, five and a half bathrooms across two levels, with a private rooftop terrace and pool. Crowning the tower at its highest point, this is one of the most exclusive residences in all of Miami. Available by private appointment only.
What Does the Deposit Structure Look Like?
Villa Miami uses a milestone-based deposit structure that spreads your pre-delivery investment across the construction timeline:
- 20% at contract signing — your reservation is secured
- 10% at foundation completion — construction is underway
- 10% at 50% construction — the tower is rising
- 10% at top-off — structural completion
- 50% at closing — upon delivery (estimated 2027)
This 50/50 structure is standard for Miami's top-tier pre-construction projects. You are putting 50% down during the construction period, with the remaining balance due at closing. Many buyers finance the closing payment with a mortgage. For the latest terms and any available incentives, see our deposit structure breakdown.
What Are the Amenities at Villa Miami?
Villa Miami dedicates three full levels — over 20,000 square feet — to private amenities. This is where the Major Food Group influence really shows. Rather than a standard pool deck and gym, the amenity program is designed to feel like a private members' club:
The dining and social amenities include a Major Food Group signature restaurant on the ground floor, a private residents' bar and lounge, rooftop pool bar and grill, wine cellar and tasting room, and a private dining room for events.
For wellness, there is a full-service spa with treatment rooms, a state-of-the-art fitness center, yoga and meditation studio, cold plunge and sauna, a resort-style pool with cabanas, and a separate rooftop pool and sun deck.
On the lifestyle side, the building offers a private marina with boat docks for direct bay access, a rooftop helipad, children's playroom, library and co-working lounge, pet spa, 24-hour concierge and valet, and climate-controlled wine lockers. For the complete amenity rundown, visit our amenities section.
Why Edgewater?
Edgewater is one of Miami's most strategic locations for luxury living. Sitting directly on Biscayne Bay between Wynwood and the Design District to the west and Miami Beach across the water to the east, it offers something that Brickell and Downtown cannot: a quieter residential feel with genuine waterfront access, without sacrificing proximity to everything that makes Miami compelling.
Wynwood's galleries and restaurants are a five-minute drive. The Design District's luxury retail — Hermes, Louis Vuitton, Dior — is equally close. Miami Beach is just across the Julia Tuttle Causeway. And unlike towers further south in Brickell where traffic can be a real issue, Edgewater offers easier access to I-95 and the airport.
The neighborhood has also seen significant institutional investment. Multiple ultra-luxury towers are either recently completed or under development, driving infrastructure improvements and attracting high-end retail and dining. Villa Miami's 3.5-acre bayfront site gives it a rare scale advantage — most Edgewater projects sit on much smaller parcels.
How Does the Purchase Process Work?
Purchasing a pre-construction residence at Villa Miami follows a well-established process. Here is what to expect:
First, you will work with me to identify the right residence based on your priorities — whether that is a specific view orientation, floor level, bedroom count, or budget. I will provide all available floor plans, pricing, and inventory in real time.
Once you have selected a unit, we execute a reservation agreement and you submit your initial deposit (20% of the purchase price). Your deposits are held in escrow as required by Florida law, providing buyer protection.
As construction progresses, you will make the milestone-based deposits outlined above. Throughout this period, I keep you updated on construction progress, any developer communications, and market conditions. When the building reaches substantial completion, you will do a walk-through inspection, handle any punch-list items, and close on your unit with the final 50% payment.
The entire process from reservation to closing typically spans 2-3 years for a project at Villa Miami's stage. Whether you are a first-time pre-construction buyer or an experienced investor, I will guide you through every step.
Who Should Buy at Villa Miami?
Villa Miami is designed for buyers who want a true home — not a part-time pied-a-terre or a rental investment unit. The full-floor and half-floor layouts, the Major Food Group dining programming, the Charles & Co interiors — all of it is calibrated for people who will actually live in the building and want an elevated daily experience.
That said, the investment fundamentals are strong. Edgewater waterfront property has appreciated significantly over the past five years, and Villa Miami's unique positioning — the only residential tower with Major Food Group curation — gives it pricing power that generic luxury towers cannot match. If you are considering Villa Miami as an end-user who also wants asset appreciation, you are looking at the ideal profile for this building.
International buyers are also well-represented in Villa Miami's buyer pool. There are no restrictions on foreign nationals purchasing, and the deposit structure works well for overseas buyers who want to secure Miami real estate with manageable pre-delivery capital outlay. If you are comparing St. Regis Residences in Brickell with Villa Miami, I can walk you through how the two projects compare on every dimension.
Comparing Villa Miami to Other Edgewater Projects
Villa Miami is not alone in Edgewater's recent development boom. A few other projects are underway or recently completed in the neighborhood, so understanding the distinctions is important for making the right choice.
What sets Villa Miami apart from other Edgewater projects is the collaborative creative direction. Most luxury towers are either brand-driven (like a St. Regis or Four Seasons) or pure residential plays. Villa Miami bridges both: it has the hospitality expertise of Major Food Group without being a branded hotel conversion. The design sensibility from Vicky Charles and Enzo Enea is also unusually hands-on and curated — not mass-produced across a portfolio.
The 55-story scale, the private marina with actual boat access, and the rooftop helipad are also rare amenities in Edgewater. Most other projects in the neighborhood are smaller, mid-rise development, or focus on rental rather than for-sale residential.
Pricing-wise, Villa Miami starts from approximately $6 million for a half-floor unit. Other Edgewater buildings in the luxury segment range widely — from $3-4 million for more modest penthouses to $15+ million for trophy units at established addresses. Villa Miami's per-square-foot pricing is competitive for the location and amenity package.
Investment Thesis: Why Buy Now?
If you are evaluating Villa Miami from an investment standpoint, consider three factors:
Location appreciation: Edgewater has been one of Miami's strongest neighborhoods for price appreciation over the past five years, with waterfront units appreciating 25-35% since 2019. Villa Miami's 3.5-acre bayfront footprint is literally one of the largest undeveloped waterfront parcels left in the area — when it delivers, that scarcity will drive value.
Developer track record: Terra's previous projects (Grove at Grand Bay, Park Grove) have appreciated steadily post-delivery. David Martin's reputation for tasteful, quality-focused development attracts a strong buyer pool and supports long-term value retention.
Major Food Group positioning: Carbone and ZZ's are two of the most successful, beloved restaurants in Miami right now. Having Major Food Group operate the dining and social programming at Villa Miami elevates the building's cultural profile in a way that generic amenities cannot. This is an intangible that translates to buyer demand.
For international investors seeking a Miami asset with lifestyle appeal and long-term appreciation potential, Villa Miami ticks multiple boxes. The pre-construction pricing provides entry before the market sees the building completed and operational.
Ready to Explore Villa Miami?
Get the latest pricing, floor plans, and availability from Adrian Sanchez at WIRE Miami.
Request Pricing & Floor Plans Call 305-321-7655