Construction at JEM Private Residences is advancing at an impressive pace. The project broke ground in April 2024, less than six months after the project was introduced to the market, an unusually fast timeline for Miami real estate. That momentum has been fueled by strong buyer demand, including the recent international $8 million sale of Sky Villa 2 with Interiors by FENDI Casa, and further accelerated by Naftali Group securing $465 million in construction financing in 2025. The funding provides the capital to drive all phases of the project forward, reflecting strong institutional confidence and underscoring Naftali Group’s commitment and ability to deliver large-scale, design-driven residential developments in South Florida. Construction continues on schedule, with completion anticipated in Q4 2027.
Developed by Naftali Group and designed by Arquitectonica with interiors by Rockwell Group and landscape architecture by EDSA, JEM Private Residences will feature 273 luxury condominium residences ranging from studios to four-bedroom layouts, along with a limited collection of Sky Villas with Interiors by FENDI Casa at the crown of the building. Residences are intentionally positioned to begin on the 43rd floor to maximize views of the Miami skyline, Biscayne Bay and the Atlantic Ocean.
The sales gallery is open daily and located in Miami Worldcenter at 110 NE 10th Street.