12 Tahiti Island Road in Tahiti Beach, an ultra-private enclave of Coral Gable's Cocoplum, has hit the market for $19,995,000. The home features a unique, Chanel styled master bedroom that features Chanel pillows and a headboard styled after the purses including the same quilted, lambskin. The estate is 6 bedrooms, 7.5 bathrooms spread over 10,441 SF. The home also features a movie theater, views of the Miami Skyline and 127 feet of waterfront complete with a pool and private dock. The home is currently listed with Dora Puig of Luxe Living Realty. Enjoy the photo tour below.
Featured Listing: Contemporary Coral Gables Spec Home Lists for $14 Million
A stunning new spec home at 445 Solano Prado in Coral Gables has hit the market for a cool $14 million. The home is 7,398 SF spread over 7 bedrooms and 8 bathrooms. The contemporary new construction estate features a floating master bedroom, walls covered in natural stone sourced from Spain, interior design by Porcelanosa Corporation and Italian Calacatta marble countertops in the kitchen. Outdoors the home features a rooftop terrace, infinity pool, and 171 feet of water front. The home was built as a collaboration between Condores Capital, a Chilean luxury home developer, and The Jills of Coldwell Banker. 445 Solano Prado is currently listed for $14 million by Danny Hertzberg of The Jills at Coldwell Banker Real Estate.
Coral Gable's Historic Biltmore Hotel Releases Renderings of Lobby Renovation
The historic, 91-year old Biltmore Hotel in Coral Gables is undergoing an extensive renovation which includes updating the main lobby. The redesign is being headed up in a collaboration between D'Shakil Designs and Studio 5 Design + Architecture. The work is expected to be completed this summer and features a modern spin on the the traditional style including new green and blue tufted velvet furniture, drapery, wood inlays, gold leaf and wool carpeting. The Biltmore Hotel was originally completed by George Merrick, founder of Coral Gables, in 1926. At 315 feet it was the tallest building in Florida at the time and still features an 18-hole championship golf course and a 600,000-gallon pool to this day.
“These new enhancements will bring an added element of style to the hotel, creating an improved sense of luxury that also reflects The Biltmore’s historic legacy. This new design will bring a fresh take to the details and décor of the lobby, all while continuing to offer guests a glimpse into the hotel’s storied past," says Matthias Kammerer, Managing Director at The Biltmore Hotel.
Featured Listing: Tour Casa Costanera, the Ultra-Private Bacardi Cocoplum Estate Listed for $27,260,000
An ultra-private Cocoplum estate that is owned by Hilda Maria Bacardi of the family-owned spirits company, is currently listed for $27,260,000. Located at 300 Costanera Road in Coral Gables, the 21,042 SF mega-mansion sits on 1.3 beautifully landscaped acres with over 480' of water frontage. Casa Costanera is 13 bedroom Italian villia with 12 full-bathrooms and 2 half-baths, 3 kitchens, commerical elevator and features the finest craftsmanship, designer interior finishes. It also features beautifully landscaped grounds that house separate staff or guest quarters and an outdoor entertainment area with pool and 100-foot concrete dock with direct access to Biscayne bay. Casa Costanera is listed with Barbara Estela and Hilda Jacobson of Douglas Elliman. Tour the stunning estate below.
New Renderings Released of Artefacto's New 45,000 SF US Flagship Coming to Coral Gables
Miami-based Brazilian furnishings house Artefacto is bringing their US flagship showroom to Coral Gables and they just unveiled their eye-catching designs for its highly anticipated storefront. The design is by Miami-based architects DOMO Architecture+Design and features a Modernist concept. The new US flagship will be the largest upscale furnishings showroom in Florida spanning 45,000 square feet lined with sustainable materials and green walls as well as exclusive pieces from designers such as the Campana Brothers and Jader Almeida.
March Construction Update from Coral Gable's Merrick Manor
Construction on Astor Companies' Merrick Manor is now cruising at 301 Altara Avenue behind Merrick Park in Coral Gables. The 227-unit condo building will rise 10-stories and was designed by Behar Font & Partners with interiors by Steven G. Units come in one to five bedroom floor plans and start around $500,000, ranging up to $3 million. They will feature custom wood doors, spacious terraces and gourmet kitchens with white quartz waterfall island and countertops and Bosch and Duravit appliances. Merrick Manor will feature resort style amenities including pool, state-of-the-art gym, 24-hour valet, 24-hour concierge, business center and 19,000 SF of ground-floor retail. Merrick Manor is currently around 50% under contract and completion is expected in 2019. Check out their construction update video below.
Gables Estates Mansion Owned by Alan Potamkin Sells for $43.7 Million
1 Casuarina Concourse is under contract for $43.7 million, which would be the most expensive sale in Miami-Dade County in 2017. The home is being sold by Alan Potamkin, Co-Chairman of Potamkin Automotive Group. He purchased the property in 1987 for $2 million before later building the existing house in 2000. 1 Casuarina Concourse was originally listed for $67 million in May 2015. The home includes 20,682 SF spread over 9 bedrooms, 15 bathrooms, his and hers libraries, elevator, saltwater aquarium, boxing room, gym, spa & massage room, staff quarters and a 1,500-bottle wine room. Spread over 3-acres, the estate also features a koi pond, tennis court, beautifully landscaped pool, and over 1,000 SF of waterfront on Biscayne Bay.
PROFILE Exclusive: Interview with Patrick O'Connell of Gables Waterway
PROFILEmiami had the exclusive opportunity to sit down with Patrick O'Connell, the Senior Vice President - New Business Development for EWM Realty. He is heading up sales at Gables Waterway, a luxury-boutique condominium development located at 6100 Calballero Boulevard. Gables Waterway features 13 residences designed by Cesar Molina & CMA Architects with interiors by Assure Interiors. Residences feature select private elevators, private foyers, large open floor-plans, and come in Penthouse, Villa, Flat and Atelier layouts. Residences range from 2 to 6 bedrooms and 1,684 SF to 6,789 SF starting at $1.2 million. Sales of Gables Waterway are being handled exclusively by EWM Realty.
PM: Where did the idea for Gables Waterway come about?
PO: Gables Waterway is the developers vision. Jorge Ortiz and his family, after acquiring this property, they hired a very well-known Coral Gables architect known as Cesar Molina and shared with him their idea of doing something really truly unique and capturing the spirit of Coral Gables and the Mediterranean architecture. Rather than doing something contemporary like many developers are doing now he wanted to honor the classic tradition of the gables and build a showpiece property that is one-of-a-kind here in this city.
PM: What sets Gables Waterway apart from anything else in Coral Gables?
PO: I would say the fact that it's the last buildable multi-family opportunity in the city with access to the water. It's the last multi-family parcel on the Gables Waterway. Just that classic Mediterranean appeal, other developers are focusing on cotemporary and not this classic gables design.
PM: Who is the target buyer for Gables Waterway?
PO: We see as a lot of families in Coral Gables as the kids get older and graduate college and the parents want to stay in the Gables but do not want a house. That is the main focus of our development and those are our buyers. Its many families that have been here and older couples that have been here for years and years. They love Coral Gables but they also perhaps have a home up in North Carolina or Maine where they want to spend half the year, so the idea of having a large condominium here that they can also lock-up and go that is our customer.
PM: What are the 3 best features of the Gables Waterway development from your perspective?
PO: I would say the waterfront appeal, that is first and foremost and unique. The fact that you can have your boat right behind your condominium. I would also say the Mediterranean architecture and the shear size and livability of these condominium units. These were designed taking months of reworking the interiors to make sure that we have the best interior design for families that live here full-time.
PM: How did EWM get involved with Gables Waterway?
PO: In the summer of 2015 we were originally approached by the owners of the property with the original sketches and plans for "The Waterway". They knew that EWM was the top-selling luxury brokerage in Coral Gables. Many of the buyers for this development are our customers already. We have their homes listed, so it was just a natural request that they would come to us and ask for our help. Even from the beginning Ron Shuffield, our President, spent a lot of time with the developer on the floor-plan really perfecting it.
PM: What has been the biggest obstacle to overcome to bring Gables Waterway to completion?
PO: Heres the thing, the city loves this development. It's the right size development for the neighborhood. The developer is building "as-of-right," which means he didn't have to ask for any special permissions from the city. The commissioner and Mayor are squarely behind it, and they love it. It has actually been a fairly pleasant process, we haven't really had a lot of obstacles. We nearly have a permit and we are ready to build.
PM: What is one feature of Gables Waterway that the residents are sure to love that buyers (residents) may not have thought about yet?
PO: In the lower garage level the developer is building very large, "extra rooms," complete with electricity that is sort of like a personal basement for each unit. It is basically an entire separate room that they can place all of their fishing gear, everything for their boat, but it is the size of a bedroom and you can build-it out as you wish and it is metered to your unit so you can put a refrigerator or a freezer. From these rooms you can just walk right out to the private dock and load your boat and go. The developer is himself a boater so he built this very much with the boater in mind.
PM: Where do you see Coral Gable’s place in Miami over the next decade? Twenty years?
PO: I think that Coral Gables is going to continue to attract multi-national companies, which it has done a great job of already. With some new office product going up in Downtown Coral Gables. With the density of Downtown and the Brickell market right now and the difficulties of coming and going from there I think more companies are going to choose Coral Gables as their preferred location for their offices. With that comes all of their senior executives and their employees that are going to want to live here. I think it will continue to outperform the rest of Miami-Dade counties in our property values because of our location and the strict code enforcement that makes the residential experience superior to everything else in South Florida.
Check-out our full PROFILE on Gables Waterway for a complete overview of the project.
Gables Waterway by Cesar Molina To Bring Luxury Condos with Marina to Coral Gables
A new ultra-luxury, end-user targeted boutique condo development is coming to 6100 Calballero Boulevard in Coral Gables. Gables Waterway will include 13 residences designed by Cesar Molina with interiors by Assure Interiors and designed by CMA Architects. Residences feature select private elevators, private foyers, large open floor-plans, and come in Penthouse, Villa, Flat and Atelier layouts. Residences range from 2 to 6 bedrooms and 1,684 SF to 6,789 SF starting at $1.2 million. Gables Waterway also features lush landscaping and oversized walkways by Bell Landscaping, access to the adjacent Jaycee Park, waterfront pool, fitness center, cabana lounge, 24-hour security, oversized-climate controlled storage room with each unit as well as private elevator entrance for the units. Gables Waterway was also designed to cater to the boater, featuring a private marina available for residents with access to Biscayne Bay and the Atlantic Ocean. The Marina will be completed with boat slips, dock facilities, boater supply and storeroom as well as kayaks and paddle boards available to rent directly from the building. Sales of Gables Waterway are being handled exclusively by EWM Realty.
University of Miami Planning $155 Million, Arquitectonica Designed Expansion
The Univeristy of Miami has teamed up with Arquitectonica and is planning a major expansion to their Coral Gables campus. The proposal includes 23 new buildings, all interconnected featuring 1,104 new dorm beds, residential recreation room, 200 seat auditorium, Launch Pad start-up incubator and workspace, learning center, multi-purpose rooms, retail including mail room, print shop, bike shop, and food options. The design shows ground level being educational, retail and student space while the upper levels are living. The build-out is estimated to cost $155 million and the plans are under review by the city. Completion is expected in 2019.
