The project
JEM Private Residences is Naftali Group's 67-story, 278-residence tower at 1016 NE 2nd Avenue in Miami Worldcenter, with architecture by Arquitectonica and interiors by Rockwell Group. The project broke ground in April 2024 and completed its foundation pour in June 2025, with completion slated for late 2027.
The offering spans studios through four-bedroom residences, including Fendi Casa Sky Villas and a penthouse collection. Its Downtown Miami Worldcenter address puts the urban district's entertainment, dining, and future Brightline-adjacent development at the doorstep.
Project snapshot
JEM Private Residences at a glance.
The facts below are drawn from this guide and from the developer's published materials. Where a fact is not verified, the page says so plainly rather than guessing.
- Location / County
- Downtown Miami (Miami Worldcenter), Miami-Dade County
- Residence types
- Studios-4 bedroom; FENDI Casa Sky Villas; penthouses
- Status
- Under Construction
- Estimated completion
- Q4 2027 (est.)
- Published pricing
- From ~$600K
- Developer
- Naftali Group
- Sales gallery
- 110 NE 10th Street, Miami Worldcenter (by appointment)
- Rental restrictions
- Contact for current information
Information reviewed October 2026. Prices, availability, and completion dates change frequently. Confirm current terms with the developer or a licensed advisor.
- Developer, 67 stories and 278 condominium residences: Source: Official project site, verified October 2026
- Foundation pour May 2025; podium topped out February 2026: Source: Official project site and Florida YIMBY, verified October 2026
- $465M construction financing secured November 2025: Source: Florida YIMBY, verified October 2026
- Pricing: studios from about $600K, one-bedrooms from about $1M: Source: Official availability page, verified October 2026
- Architecture by Arquitectonica; residences by Rockwell Group; FENDI Casa Sky Villas: Source: Official project materials, verified October 2026
- Sales gallery at 110 NE 10th Street; OneWorld Properties exclusive brokerage: Source: OneWorld Properties project page, verified October 2026
Sources consulted for this guide
- JEM Private Residences official site
- Official availability page
- Florida YIMBY, vertical construction update, March 2026
- Florida YIMBY, $465M construction financing, November 2025
- OneWorld Properties project page
Source links open in a new tab and are provided for verification only. Facts carry the verification date recorded above; prices, availability, and timelines change and require sales-gallery confirmation.
Verified facts carry the source links above, each pointing to the original public source where one is available. Everything else on this page is marked Not verified or Contact for current information. This page never hosts or hotlinks external files, renderings, brochures, or floor plans; where a document exists only on the developer's site, the source link above is the reference.
At a glance
JEM Private Residences in Downtown Miami, in numbers.
County
Miami-Dade
City
Miami
Neighborhood
Downtown MiamiDeveloper
Naftali Group
Address
1016 NE 2nd Avenue, Miami (Miami Worldcenter)
Price range
From ~$600K
Starting price
~$600K
Residences
278
Floors
67
Sales availability
Sales released; studios from about $600K, one-bedrooms from about $1M
Est. completion
Q4 2027 (est.)
Residence types
Studios-4 bedroom condos, Fendi Casa Sky Villas, Penthouses
Construction status
Under Construction
Property category
Condominium
Design & architecture
Architecture by Arquitectonica; residences by Rockwell Group; FENDI Casa Sky Villas; landscape by ESDA
Official website
Official project siteGallery
Renderings and interiors.
Developer renderings and interior imagery are updated as phases release. Current documents are shared privately with registered buyers.
Interior renderings on request
Floor plans on request
Pricing & availability
What JEM Private Residences costs today.
The advertised starting price is the developer's published entry point. Available units, real pricing bands, and incentives change as phases sell, so we confirm current terms with the sales team before you commit capital.
- Advertised starting price
- ~$600K
- Published price range
- From ~$600K
- Available units / sales status
- Sales released; studios from about $600K, one-bedrooms from about $1M
- Price by bedroom configuration
- Studios from about $600K, one-bedrooms from about $1M, two-bedrooms from about $1.3M; a FENDI Casa Sky Villa sold at $9M
- Penthouse pricing
- Contact for current information
- Deposit schedule
- Downtown Miami pre-construction deposits typically run 20%-30% staged across contract and construction milestones, held in escrow; confirm the schedule in the purchase agreement
- Developer incentives
- Contact for current information
Current pricing sheet for JEM Private Residences.
Price lists, deposit schedules, and any developer incentives are shared privately with registered buyers after the sales team confirms today's numbers.
Request current pricingWhere a number is not published on this page, the row reads Contact for current information rather than guessing. Never treat an advertised starting price as the price of a specific available unit.
Architecture & residences
The building and residences at JEM Private Residences.
The building profile below records what this page verifies about the tower and its residences: floor counts, unit mix, dimensions, finishes, and views. Anything the page does not state is marked Not verified rather than guessed. Layouts, dimensions, and pricing change as phases sell, so current floor plan documents, view matrices, and availability are shared with registered buyers.
- Towers / floors
- 67
- Total residences
- 278
- Residence types
- Studios-4 bedroom condos, Fendi Casa Sky Villas, Penthouses
- Square footage
- Studios & One Bedroom: ~469-700 sq ft; Two Bedroom: ~1,000-1,400 sq ft; Three & Four Bedroom: ~1,500-2,050 sq ft; Fendi Casa Sky Villas & Penthouses: Top floors
- Ceiling heights
- Not verified
- Finishes
- Not verified
- Kitchens
- Not verified
- Baths
- Not verified
- Smart-home features
- Not verified
- Parking & storage
- Not verified
- Views
- Not verified
The floor plans at JEM Private Residences.
Layouts, dimensions, and pricing change as phases sell. We share current floor plan documents, view matrices, and availability with registered buyers.
Studios & One Bedroom
Studio-1 bedroom · ~469-700 sq ft
From about $600K for studios with den option.
Two Bedroom
2 bedroom · ~1,000-1,400 sq ft
From about $1.4M; den layouts from ~$1.85M.
Three & Four Bedroom
3-4 bedroom · ~1,500-2,050 sq ft
From about $1.85M on the upper floors.
Fendi Casa Sky Villas & Penthouses
4+ bedroom · Top floors
Branded by Fendi Casa with expanded terraces.
Full floor plan documents, view matrices, and current availability are shared privately with registered buyers.
Request floor plansAmenities & lifestyle
The amenity program at JEM Private Residences.
The list below records every amenity this page verifies for the project. Where the status of an amenity is not documented on this page, confirm with the sales team whether it is planned or already operating before you rely on it.
Sky amenities by Rockwell Group
Pool deck and outdoor living terrace
Fitness and wellness center
Private dining and lounge
24-hour concierge and security
Miami Worldcenter district access
Construction & completion
Where JEM Private Residences stands today.
Completion dates on new construction are estimates, not promises: they shift with permitting, financing, and the pace of the build. Announced milestones below are the ones this page records; anything unverified is marked plainly, and the current timeline should be confirmed with the developer before you plan around it.
- Construction status
- Under Construction
- Estimated completion
- Q4 2027 (est.)
- Announced milestones
- Broke ground April 2024; foundation pour completed May 2025; podium topped out February 2026; vertical construction advancing March 2026; $465M construction financing secured November 2025; completion targeted Q4 2027
Estimated completion is the developer's target as recorded on this page and is not a verified delivery date. Where the timeline is not verified, current scheduling requires confirmation with the project's sales team.
Location & neighborhood
Where JEM Private Residences sits.
Address, neighborhood position, and nearby attractions below are recorded from this page's own project notes. Drive times, walk scores, and ratings are never invented on this site; where they are not documented here, the community guide is the best next step.
- Street address
- 1016 NE 2nd Avenue, Miami (Miami Worldcenter)
- City
- Miami
- County
- Miami-Dade
- Neighborhood
- Downtown Miami
- Position & nearby
- 1016 NE 2nd Avenue in Miami Worldcenter; residences begin on the 43rd floor
- Transport notes
- Not stated on this page
Community guide
Downtown Miami
Explore Downtown Miami living, dining, and market context in the full community guide.
Explore the areaInvestment analysis
Why JEM Private Residences matters to luxury buyers.
Why buyers are drawn
JEM pairs a broad price ladder, from six-figure studios to branded sky villas, with the largest urban district under development in the U.S. The Fendi Casa collection gives the upper tiers a design-brand premium.
Market context
Miami Worldcenter is a multi-block district transforming the northeast edge of Downtown, and JEM is one of the towers anchoring its residential wave. Early-phase pricing reflects the district's maturation timeline.
Deposit structure
Downtown Miami pre-construction deposits typically run 20% to 30% staged across contract and construction milestones, held in escrow. The exact schedule is negotiated in the purchase agreement.
Appreciation outlook
The value case rests on the district's build-out and the scarcity of branded sky villas in the tower. We compare JEM pricing against other Miami Worldcenter towers before advising.
Ownership considerations
What to know before you commit.
General guidance for new construction buyers. Building-specific details are marked "Not verified" where they have not been confirmed for this project.
- Short-term rental policy
- Not verified on this page; rental rules are confirmed in the governing documents before you commit
- Minimum rental period
- Not verified
- Leasing / owner-occupancy rules
- Not verified; confirm current leasing and occupancy terms with the sales team
- HOA / condo fees
- Not published on this page; request the current budget before you commit
- Financing notes
- Not verified on this page; the deposit schedule above records the financing model this page states for the project, and loan terms are confirmed before contract
Closing costs
Florida buyer closing costs typically include title insurance, lender fees, county recording charges, prorated property taxes, and Florida documentary stamp tax on the purchase price. The exact figure for this project is not published on this page, so confirm the current estimate before you sign. Not verified.
Not verified
HOA and condo fees
New developments typically assess monthly HOA or condominium fees covering common areas, amenities, insurance, and building staff, with special assessments possible for capital projects. Monthly fees for this project are not published on this page; request the current budget. Not verified.
Not verified
Deposit process
Pre-construction purchases in Florida commonly require staged deposits across contract, groundbreaking, and closing milestones, held in escrow. The exact schedule for this project should be confirmed in writing with the developer before you commit. Not verified.
Not verified
Flood and wind insurance
Coastal Florida properties carry flood and windstorm insurance requirements that can add meaningfully to monthly carrying costs, and premiums have risen across the state. The current premium profile for this project is not published on this page; confirm with an insurance advisor. Not verified.
Not verified
Buyer questions
JEM Private Residences, answered.
Pricing, deposits, timelines, the developer, and the investment case, answered directly. For the broader picture on South Florida new construction, browse the full FAQ hub.
New Construction South Florida FAQsWhat are the starting prices at JEM Private Residences?
Studios start from about $600,000, one-bedrooms with den from about $1.1M, two-bedrooms from about $1.4M, and larger layouts from about $1.85M.
When will JEM Private Residences be completed?
Construction began in April 2024, the foundation pour completed in June 2025, and completion is slated for the fourth quarter of 2027, with some sources projecting into 2028.
How many residences are in JEM Private Residences?
The 67-story tower holds 278 residences from studios to four bedrooms, plus Fendi Casa Sky Villas and penthouses.
Who is developing JEM Private Residences?
JEM is developed by Naftali Group with architecture by Arquitectonica, interiors by Rockwell Group, and Coastal Construction as construction manager.
Is JEM Private Residences a good investment?
The case rests on Miami Worldcenter's district build-out and JEM's broad price ladder. Buyers should compare the per-square-foot entry against other Downtown towers and the resale market today before committing.
Can I rent out a residence at JEM Private Residences?
Rental eligibility at JEM Private Residences was not verified at the time of our latest review. New-construction buildings and communities in Florida often restrict short-term rentals or set minimum lease terms, so rental rules are confirmed in the governing documents before you commit. Contact for current information on this project's rental policies.
Where is the JEM Private Residences sales gallery?
Sales are handled by OneWorld Properties with the gallery at 110 NE 10th Street in Miami Worldcenter; visits are by appointment only.
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