When Is Villa Miami Completed?
Villa Miami is targeted for delivery in 2027, with closings at completion.
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The Short Answer
Villa Miami is targeted for delivery in 2027. The 55-story, 70-residence tower is under construction at 710 NE 29th Street in Edgewater and is currently in active pre-construction sales. Closings take place at completion, not at contract, and the delivery date is the developer's estimate — subject to change without notice.
The Buyer Timeline
| Milestone | Payment | On a $6M residence |
|---|---|---|
| Contract signing | 10% | $600,000 |
| 90 days after contract | 10% | $600,000 |
| Six months after contract | 10% | $600,000 |
| 12 months after contract | 10% | $600,000 |
| Closing (targeted 2027) | 60% + closing costs | $3,600,000 + costs |
Deposits are held in escrow under Florida Statute 718.202. The full mechanics, including wire procedure and escrow agent, are covered on the escrow and wire transfer page and the deposit structure guide.
What Happens Between Now and Closing
The construction period is not passive. Buyers move through contract review and the 15-day Florida rescission window, escrow funding, scheduled deposit milestones, any developer-offered finish selections, and finally pre-closing walkthrough and funding. The contract-to-closing checklist lays out each step in order, and the closing timeline covers the final 90 days.
Why Buying Earlier Matters
In a 70-residence building, collection inventory is finite from day one. Buyers who contract earlier in the release cycle choose from a wider set of floors, exposures and stacks — and floor and exposure are the two variables that drive per-square-foot pricing most inside a single address. Current availability by collection is tracked on the availability page.
| Project | Villa Miami Residences |
|---|---|
| Address | 710 NE 29th Street, Miami, FL 33137 (Edgewater) |
| Developer | Terra and One Thousand Group |
| Architecture | ODP Architecture |
| Interiors | Charles & Co (Vicky Charles) |
| Landscape | Enzo Enea |
| Hospitality program | Major Food Group (residents-only restaurant and private dining) |
| Height | 55 stories |
| Residences | 70 |
| Price range | $6,000,000 to $55,000,000 |
| Price per square foot | Approximately $1,800 to $3,500 |
| Collections | Villa Mezzo from $6M, Villa Piano from $9M, Villa Doppio from $18M, penthouses from $25M |
| Deposit schedule | 10% at contract, 10% at 90 days, 10% at six months, 10% at 12 months, 60% at closing |
| Estimated HOA | Approximately $2.50 to $3.50 per square foot per year |
| Delivery | Targeted for 2027 |
| Buyer representation | Kyle Gilligan, Douglas Elliman — +1 (305) 713-3884 |
Figures are developer-provided and subject to change without notice. Independently verify all information before reliance.
Current Construction Status
The most recent progress recorded on this site is published on the Villa Miami construction update page. For the developer's latest schedule and a projected closing window for a specific residence, request it directly — construction milestones are confirmed by the developer and change over the course of a build.
Frequently Asked
When is Villa Miami completed?
Villa Miami is targeted for delivery in 2027. The tower is under construction at 710 NE 29th Street in Edgewater, Miami, and is currently in active pre-construction sales. As with all pre-construction, the delivery date is the developer's estimate and is subject to change.
Can I move in before 2027?
No. Closings occur at completion, and occupancy follows the certificate of occupancy. Buyers who contract now hold their residence through the construction period on the staged deposit schedule and take possession at closing in 2027.
What happens between contract and delivery?
You pay 10% at contract, 10% at 90 days, 10% at six months, and 10% at 12 months, with the balance of 60% due at closing. Deposits are held in escrow. Buyers receive construction progress updates, and design or finish selections are made on the developer's schedule where offered.
Is Villa Miami under construction now?
Yes. Villa Miami is an active construction project in Edgewater. Progress milestones are published periodically; the construction update page carries the most recent status recorded on this site.
What if delivery is delayed?
Pre-construction contracts in Florida contain force majeure and outside-date provisions that govern delay. Review those terms with your attorney before signing — they define what a delay means for your deposit and your obligation to close. This site does not provide legal advice.
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.