Deposit schedule
Review each installment, escrow treatment, refund conditions, financing contingency, closing timeline and whether the capital commitment fits the buyer's broader liquidity plan.
Miami Worldcenter
JEM Private Residences
Private residences above Miami Worldcenter
About the Residence
Overview
JEM Private Residences is the condominium collection in Naftali Group's 67-story Miami Worldcenter tower at 1016 NE 2nd Avenue. The residences occupy floors 43 through 67.
Arquitectonica designed the building and Rockwell Group the residential interiors. The Sky Villas have interiors by FENDI Casa. The JEM Club occupies the 50th floor.
43-67Residential floors
50th floorJEM Club
67Stories
Building Details
JEM Private Residences at a Glance
Address
1016 NE 2nd Avenue, Miami, FL 33132
Developer
Naftali Group
Architect
Arquitectonica
Stories
67
Building Type
Condominium
Neighborhood
Miami Worldcenter
What Makes It Special
Why Buyers Choose JEM Private Residences
Residences on the upper floors
The condominium collection begins on floor 43. Compare the actual exposure and surrounding buildings; height alone does not tell you what a particular home will see.
A club floor within the tower
The JEM Club brings recreation and wellness together with places to work and entertain. That is useful for owners who expect to spend substantial time in the building.
A defined design team
Naftali Group, Arquitectonica and Rockwell Group each have a specific role. The FENDI Casa interiors apply to the Sky Villas, so check the finish package for the residence you are considering.
Miami Worldcenter outside the door
This is a downtown address within Miami Worldcenter. It belongs in a comparison with other urban Miami buildings where access to the surrounding neighborhood is part of the purchase.
Advisor Perspective
Our Take on JEM Private Residences
Look at JEM first as a home in Downtown Miami. The upper-floor position and club program are clear features, but the right choice still comes down to the individual layout.
Ask for the current residence schedule before relying on a starting-price headline. It should identify the unit, its exposure and what is included in the asking price.
About JEM Private Residences
The residences at JEM
The collection runs from studios through four-bedroom homes, with penthouses and two four-bedroom Sky Villas. Floor-to-ceiling glass and terraces connect the living spaces to the downtown setting.
The design and scale vary across the collection. Request the finish schedule for the exact residence, particularly when comparing a standard home with a Sky Villa.
Compare Miami Worldcenter real estate · Waldorf Astoria Residences Miami · Miami pre-construction developments.
The Residences
JEM tower at sunset. Artist rendering.
JEM residential amenity setting. Artist rendering.
Unparalleled Living
JEM tower at sunset. Artist rendering.
JEM residential amenity setting. Artist rendering.
Pricing
Residence Collection
Private residences
Studios to 4 bedrooms
Request current pricing
Penthouses
Request current plans
Request current pricing
Sky Villas
4 bedrooms; FENDI Casa interiors
Request current pricing
Residences from Request current pricing
Amenities
World-Class Amenities
JEM Club
- 50th-floor club spaces
- Fitness and wellness areas
- Indoor and outdoor recreation
Daily life
- Co-working spaces
- Entertainment spaces
- Children's areas
- Dedicated residential arrival
Design & Architecture
The Visionaries
Naftali Group
Developer
Arquitectonica
Architecture
Rockwell Group; Sky Villas by FENDI Casa
Interior Design
Location
Miami Worldcenter
Miami Worldcenter is part of Downtown Miami, close to the city's arts and entertainment venues. Compare the walking routes you will actually use and the surrounding development when choosing a line in the tower.
FAQ
Frequently Asked Questions
Where is JEM Private Residences?
JEM is at 1016 NE 2nd Avenue within Miami Worldcenter in Downtown Miami. The sales gallery is a separate location.
Who is the developer and design team?
Naftali Group is the developer, Arquitectonica the architect and Rockwell Group the interior designer. The Sky Villas have interiors by FENDI Casa.
Which floors contain the private residences?
The official project website places the private residences on floors 43 through 67 and the JEM Club on floor 50.
What types of homes are offered?
The collection includes studios through four-bedroom residences, penthouses and two four-bedroom Sky Villas. Request current availability for the exact home.
Get in Touch
Private Availability at JEM Private Residences
For current availability, pricing history, floor plans, and off-market opportunities at JEM Private Residences, request a confidential review with our advisory team.
Address
1016 NE 2nd Avenue, Miami, FL 33132
Phone
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Miami Real Estate Market Intelligence
Market Context: The Miami-to-Northeast and Miami-to-California migration has converted from pandemic-era spike to structural relocation. Miami’s millionaire population grew approximately 78% between 2013 and 2023. Geographic constraint is binding: ocean, bay, and Everglades pin supply. December 2025 medians: Miami Beach condo $620K, Brickell condo $580K. Luxury condominium price per sq ft: $1,200-$3,500+, extending to $2,000-$4,500+ on Fisher Island and $1,800-$4,000+ at South of Fifth.
Value submarkets: Brickell ($600-$1,500/SF), Edgewater ($700-$1,200/SF), Downtown Miami ($600-$2,000/SF). Trophy submarkets: Fisher Island, Sunny Isles Beach ($1,500-$3,500/SF, dense branded-residence inventory), South of Fifth. Branded benchmarks include Four Seasons Surf Club ($2,200-$3,500/SF), St. Regis Sunny Isles ($1,800-$2,800/SF), and Porsche Design Tower ($1,600-$2,400/SF). Miami now carries more hotel-branded residences than any other Western Hemisphere city.
Structural inputs compound: no state income tax (vs. 10.9% NY, 13.3% CA), no estate tax, 78% decade millionaire growth, and construction-cost inflation. Current pre-construction inventory was financed and broken ground before 20-50% tariffs landed on steel, aluminum, concrete, and lumber, effectively the last tranche of pre-tariff pricing. Florida SB 264 restricts acquisitions by nationals of certain countries within 10 miles of military installations and must be screened at contract stage for international buyers.
Key Facts
- Miami Beach Condo Median (Dec 2025): $620K
- Brickell Condo Median (Dec 2025): $580K
- Luxury Condo $/SF: $1,200-$3,500+
- Fisher Island $/SF: $2,000-$4,500
- Avg Days on Market: 95
- Closing Costs: 2-3% (cash), 3-4% (financed)
- Property Tax: ~2% of assessed value annually
- Millionaire Population Growth: +78% (2013-2023)
- State Income Tax: 0% (vs. NY 10.9%, CA 13.3%)
What Buyers Should Know
Miami’s millionaire population grew approximately 78% between 2013 and 2023 with no state income tax and hard geographic constraints (ocean, bay, Everglades) capping supply. Luxury condominium price per sq ft runs $1,200-$3,500+, extending to $2,000-$4,500+ on Fisher Island and $1,800-$4,000+ at South of Fifth. Miami now carries more hotel-branded residences than any other Western Hemisphere city.
Miami Real Estate FAQs
What are Miami’s current condominium medians?
December 2025: Miami Beach $620K, Brickell $580K. Luxury condominium stock runs $1,200-$3,500+ per sq ft, extending to $2,000-$4,500 on Fisher Island and $1,800-$4,000 at South of Fifth.
Why is Miami attracting UHNW capital structurally?
Zero state income tax (versus NY 10.9%, CA 13.3%), no estate tax, a 78% decade growth in the millionaire population (2013-2023), and geographic constraints that cap long-run supply. These are structural inputs, not cyclical.
What does the construction-cost tariff environment mean for current inventory?
Current pre-construction inventory was financed and broke ground before 20-50% tariffs landed on steel, aluminum, concrete, and lumber. Replacement-cost pricing on the next development cycle is expected to rise materially. Current allocations represent the last tranche of pre-tariff pricing.
What is Florida SB 264 and how does it affect international buyers?
Florida SB 264 restricts property acquisitions by nationals of seven countries (China, Russia, Iran, North Korea, Cuba, Venezuela, Syria) within 10 miles of military installations. The restriction must be screened at contract stage and may require entity-structure adjustments to comply.
What are typical monthly carrying costs on a Miami condominium?
HOA $0.80-$2.50 per sq ft per month, property tax ~2% of assessed value annually, HO-6 insurance $2,000-$5,000+ annually, flood insurance $500-$3,000+. A 2,000 sq ft condo runs $1,600-$5,000 per month in HOA alone.
What are the post-Surfside inspection requirements?
Buildings 3+ stories must undergo structural inspections at year 30 (year 25 if coastal), then every 10 years. Associations must fully fund reserves; reserve waivers are no longer permitted. Older buildings carry special-assessment risk; inspection and reserve-study review is required at due-diligence.