Villa Miami Construction Update
A running record of the publicly reported construction milestones for Villa Miami Residences in Edgewater — updated as new public reports appear.
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Figures reflect the most recently reported public information and may not represent real-time construction status. Delivery timelines on pre-construction condominiums are subject to change.
Publicly Reported Milestones
- December 2024 — Financing closed. Terra Group and One Thousand Group closed a $285M construction loan for Villa Miami, reported by Bloomberg and The Real Deal.
- 2024 — Groundbreaking. Formal groundbreaking and start of vertical construction on the Edgewater bayfront parcel.
- January 30, 2026 — 21st floor. Florida YIMBY reported the tower had reached its 21st floor.
- May 12, 2026 — 37th floor. Florida YIMBY reported the tower had reached its 37th floor, continuing on schedule toward the 2027 target delivery window.
How to Read This Timeline
The floor counts above are drawn from independent third-party coverage, not from the developer's real-time construction schedule. Because construction proceeds continuously between publicly reported milestones, the actual current floor count on any given day is typically ahead of the last published figure. For a real-time developer-issued update on construction progress and remaining availability, use the request form on this page.
Target Delivery Window
The Villa Miami target completion window is 2027. Pre-construction delivery dates in South Florida are subject to permitting, weather, and supply-chain conditions and can shift. The developer — Terra Group with One Thousand Group — has a Miami delivery track record spanning multiple delivered towers, which is a relevant underwriting factor for buyers evaluating the value case.
What This Means for Buyers
For buyers currently in contract, ongoing vertical progress is the most direct evidence that the project is executing on its stated timeline and that the deposit structure detailed on the deposit page is being drawn against real construction milestones. For buyers still evaluating, the fact that Villa Miami closed its $285M construction package before broad market softening in the Miami pre-construction pipeline is a materially different capitalization posture from projects still seeking construction financing today.
Where Milestones Are Documented
Every milestone above is sourced from independent third-party coverage summarized and linked on the Press & Media page. Financing and groundbreaking coverage is from Bloomberg and The Real Deal; construction floor-count progress is from Florida YIMBY's ongoing series. When new milestones are publicly reported — topping-out, façade installation, TCO — this page will be updated.
Buying While the Tower Is Under Construction
Purchasing before delivery is a different transaction from buying a finished condominium: deposits are staged against construction milestones and held in Florida-licensed escrow, and the contract is signed years before a certificate of occupancy issues. The pre-construction buying guide walks through that sequence end to end, and how to buy at Villa Miami covers the residence-selection and reservation steps specific to this building. International purchasers should read the foreign buyer guide before signing. The current plate drawings and finish schedules are in the Villa Miami brochure.
For context on where this tower sits in the wider delivery pipeline, see Miami branded residences 2026, Edgewater vs Brickell vs Sunny Isles and the Villa Miami vs Elle Residences comparison. Residents' access to the Major Food Group members' club is described in The Copper Club.
Frequently Asked
What floor is Villa Miami on right now?
As of the most recently reported public milestone, Villa Miami had reached its 37th floor (Florida YIMBY, May 2026). This page reflects the latest publicly reported figures — not a real-time construction count. Reach out for the current developer-issued status.
When did Villa Miami break ground?
Terra Group and One Thousand Group publicly announced the groundbreaking in 2024 alongside the $285M construction financing package reported by Bloomberg and The Real Deal in December 2024. Vertical construction has continued through 2025 and 2026.
When is Villa Miami expected to be delivered?
The developer's target completion window is 2027. Delivery dates on pre-construction condominiums in South Florida are subject to permitting, weather, and supply-chain factors and can move. This page will be updated as public milestones are reported.
How can I verify the construction progress?
Independent construction milestones for Villa Miami have been documented in Florida YIMBY's ongoing coverage — 21 floors as of January 30, 2026 and the 37th floor reached by May 12, 2026. Financing milestones were reported by Bloomberg and The Real Deal in December 2024. Links and paraphrased summaries are on the Press & Media page.
Is the tower topped out?
Not as of the most recent public report. The tower's design height and total floor count exceed the last publicly reported 37th floor milestone from May 2026. This page will be updated when topping-out is publicly reported.
Can I visit the construction site?
The active construction site is not open to the public. Private appointments are held at the Villa Miami Sales Gallery, which houses the bayfront amenity model, kitchen model, and finish library.
Ready to move forward? Book a private presentation at the Villa Miami Sales Gallery, review the floor plans, or see the current price list.
A limited collection of bayfront residences in Edgewater.
Contact us to learn more about current availability, floor plans, and pricing for specific residences at Villa Miami, 710 NE 29th Street, Edgewater.
Inquiries are handled by Kyle Gilligan. Typically a same-day response.