Coral Gables Classic Designed by George Merrick Listed for $999K

It really doesn't get any more classic than this Coral Gables historic designed by Coral Gables founder George Merrick himself. Located at 6704 S Le Jeune Road in the Dutch South African Village part of Coral Gables, the home is 2,008 SF with 3 bedrooms and 2 bathrooms. It was in fact designed after a traditional South African 17th century farmhouse and features classic styling including oak wood floors and a wood-beam vaulted ceiling. The home is currently listed for $999,000. Photos by Avatar. 

Bacardi Family Heir Lists Coral Gables Mansion for $27.26 Million

Hilda Maria Bacardi has listed her recently completed Coral Gables mansion for $27.26 million. She is the sister of Bacardi Chairman Fecund Bacardi and great, great granddaughter of Facundo Bacardí Massó, who founded the rum company in 1862. The property was previously listed uncompleted for $18 million in 2014, but was taken off the market. Bacardi had originally planned to live in the house but ultimately decided to reside somewhere else. 

The property is 1.3 waterfront acres in the Islands of Cocoplum gated community section of Coral Gables. There is a 10 bedroom mansion with over 21,000 SF, a 2 bedroom guest house, and over 400 feet of waterfront including a 100-foot private dock. It also includes a wine cellar, elevator, 15 bathrooms, 3 kitchens and a pool. Photos and listing by Barbara Estela of Douglas Elliman Real Estate.

City Commission to Vote on Coral Gables City Center by End of Month

The Allen Morris Company and Related Group have teamed up again as they are set to propose their own bid on a new mixed-use project in the fast-growing downtown area of Coral Gables. The City of Coral Gables has tagged the 2 acre zone between 245 and 345 Andalusia Ave. as ready for development, and weighed 5 proposals from the areas' top developers before cutting the list down to two. Later this month, the city Commission will vote between The Allen Morris Company & Related Group's proposal against that of Terranova and Zom.

The Allen Morris Company/ Related Group proposal for Coral Gables City Center will be a $250 million, twin tower development that will bring more residential units, office space and retail to downtown Coral Gables. Spread out over 2 towers towers, the development is expected to feature over 270 residential units, 140,000 SF of office space, 28,749 SF of ground-floor retail and  1,560 parking spaces. The residential tower will be 17 floors while the office tower will be 16 floors. The proposal also includes the building of a public park on the site. The building will be designed by Zyscovich and will reflect the historical charm that makes Coral Gables such a clean, beautiful city.

Photo via South Florida Business Journal

The Terranova & Zom proposal includes expanding the footprint of the potential development site to include land that Terranova already owns at 220 Miracle Mile. The proposal includes twin, 16-story towers on Terranova's land in addition to 21,260 SF of commercial space expanding the existing garages. The towers would feature 335 residential units, 51,485 SF of retail space and 923 parking spaces. 

Segovia Tower's 3-Story Penthouse Lists for $10.5 Million

The 3-story mega-penthouse in Coral Gables' Segovia Tower just listed for a cool $10.5 million, at $1,236 SF. The Mediterranean-inspired, 8,492 SF unit includes 8 bedrooms, 12 bathrooms and 5 parking spaces. It also includes a library, billiards room, media room, wine cellar, private elevator, summer kitchen, 2 indoor kitchens, private gym and a marble fireplace.  The penthouse is currently owned by attorney James L. Ferraro. Listing and photos by One Sotheby's.