JEM Private Residences: building rendering
Now selling

JEM Private Residences

By Naftali Group · Downtown · Delivery Q4 2027

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Sales phase
Now selling
Delivery
Q4 2027
Pricing
From $540K
Residences
273
Floors
67
Developer
Naftali Group
Architect
Arquitectonica

Sales status verified Oct 14, 2026Prices, dates and specifications come from the developer and can change.

Overview

JEM is a sculptural residential tower in the heart of Miami Worldcenter, designed by Arquitectonica with interiors by Rockwell Group. Residences on floors 43 to 67 feature soaring ceilings, full-height glass, and expansive terraces that connect indoor and outdoor living while framing views of downtown Miami, Biscayne Bay, and the Atlantic. The Sky Villas feature interiors by Fendi Casa.

On the 50th floor, the JEM Resort Club brings together outdoor recreation, fitness, wellness, and co-working spaces. Amenities include a sky deck with a Lorenzo Quinn sculpture, a sky lounge with fireplace, a game and entertainment lounge, a wellness center and spa suite, and a co-working lounge with podcast room.

Set within Miami Worldcenter, JEM is surrounded by cultural venues, museums and galleries, restaurants, retail, and waterfront destinations. The neighborhood’s mix of arts, dining, entertainment, and shopping places the tower at the center of downtown Miami.

  • Downtown Miami residences above Miami Worldcenter
  • 1- to 3-bedroom residences on floors 43–67
  • Expansive terraces and full-height glass
  • Panoramic city, Biscayne Bay, and Atlantic views
  • Sky Villas with interiors by Fendi Casa
  • Architecture by Arquitectonica; interiors by Rockwell Group
Completion date & construction timeline

Completion estimates come from the developer and move with construction; we update this page as milestones are reported.

Amenities

  • Sky Deck with Lorenzo Quinn sculpture
  • Sky Lounge with fireplace
  • Game and entertainment lounge
  • Wellness center
  • Spa suite
  • Co-working lounge
  • Podcast room
  • Private resort club on the 50th floor

Location

1016 NE 2nd Avenue

The market it delivers into

Condo market in Downtown

Live MLS figures for existing condos in Downtown: what finished buildings around this project ask and sell for, and how much supply there is.

Median asking
$858/sqft
1,036 condos for sale
Median sold, 12 months
$590/sqft
391 sales
Months of supply
31.8
Actives against the 12-month sales pace
Developer pricing
—
No floor plan prints both a price and an area
Market Index

Is Downtown a buyer's or a seller's market?

Five standard market signals in one reading: 0 is a strong buyer's market, 100 a strong seller's.

For buyers

Room to negotiate. Offers below asking are normal, and most listings will still be there next week.

For sellers

Price to the sold comps, not to other asking prices, and be ready to negotiate.

Miami overall: 25 · Buyer's market — 3 points more buyer-friendly than Miami overall

What's behind the reading

  • Months of supply31.8 months
    Favors buyers1036 listings · 391 sales in 12 months · weight 35%

    How long today's listings would take to sell at the past year's sales pace. In Miami condos, under 6 months favors sellers and over 9 favors buyers.

  • Sale-to-list price91.7%
    Favors buyers188 sales · weight 25%

    Median sale price as a share of the original asking price, sales in the last 6 months. Above 97% favors sellers; below 95% means buyers are negotiating.

  • Days on market82 days
    Neutral188 sales · weight 15%

    Median days from listing to sale for homes sold in the last 6 months. Faster sales favor sellers.

  • Listings with a price cut36%
    Favors buyers1036 listings · weight 15%

    Share of homes for sale now asking less than their original price. More cuts mean sellers are chasing buyers.

  • Sales momentum−15% vs last year
    Neutral189 sales · weight 10% · sale-to-list +1.5 pts

    Closings in the last 90 days against the same 90 days a year earlier, plus the change in sale-to-list. Rising sales tilt the market toward sellers.

Resale condos from the MLS (pre-construction towers excluded), all prices. As of Oct 15, 2026 · How the index works

Based in part on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS® for the period July 3, 2025 through October 15, 2026.

MLS data as of Oct 16, 2026Explore DowntownDowntown market report

Latest construction & sales news

Frequently asked questions

When will JEM Private Residences be completed?

JEM Private Residences has an estimated delivery of Q4 2027. Delivery dates are set by the developer and can shift during construction.

How much do residences at JEM Private Residences cost?

Residences at JEM Private Residences start from $540K.

Who is developing JEM Private Residences?

JEM Private Residences is being developed by Naftali Group.

Where is JEM Private Residences located?

JEM Private Residences is located in Downtown, Miami.

Interested in JEM Private Residences?

Register your interest to receive pricing, availability and floor plans from a licensed agent at our partner brokerage.

Licensed help, at no cost to you

Own Miami is a research platform, not a brokerage. When you register interest, a licensed Florida agent at our partner brokerage shares pricing, floor plans and availability and can guide you from reservation to closing. On new developments the developer pays the sales commission, so that help costs you nothing.

More pre-construction in Downtown

JEM Private Residences
From $540K