Mark A. Trowbridge, Maggie Buck, Nury Enamorado, Gus Rubio & Jay Phillip Parker
Douglas Elliman has celebrated the grand opening of its first office in Coral Gables hosted by Jay Phillip Parker, CEO of Douglas Elliman Florida brokerage, Gus Rubio, COO of Douglas Elliman Florida brokerage and Maggie Buck, Managing Broker of Douglas Elliman’s Coral Gables office.
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New renderings have been revealed of Plaza Coral Gables, the largest project to ever be built in Coral Gables, valued at over $600 million. Construction on the project, which was formerly proposed as Mediterranean Village by developer Ralph Sanchez, is currently underway after Phase 1 broke ground in Summer 2018.
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Douglas Elliman, the third largest residential real estate company nationwide, has continued their expansion across South Florida with the opening of its first Coral Gables office location. The 4,040 SF office will be located on the first floor at Facundo Bacardi’s 1515 Sunset Drive, designed by Leo A. Daly, and will house approximately 75 agents and will be led by Managing Broker Maggie Buck.
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The Miami office of global architecture and design firm Perkins+Will has announced the completion of its new Coral Gables studio, showcasing some of the firm’s best-in-class workplace design strategies, including sustainability, biophilia, health and wellness, and integrated technology.
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Adler Group and 13th Floor Investments have submitted plans for Link at Douglas to Miami-Dade County, representing the first step of their multi-phase plan bring a mixed-use development to the Douglas Metrorail Station.
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The 3-story mega-penthouse in Coral Gables' Segovia Tower has relisted for $6.99 million. The residence was listed last year $10.5 million, at $1,236 SF, but did not sell. The Mediterranean-inspired, 8,492 SF unit includes 8 bedrooms, 12 bathrooms and 5 parking spaces.
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Casa Costanera, formerly owned by Bacardi heiress, Hilda Bacardi, has sold for $19 million. Bacardi was represented by Barbara Estela & Hilda Jacobson of Douglas Elliman’s Sports & Entertainment Division. The sale marks the highest price ever paid for a single-family home in Cocoplum.
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MG Developer continues to develop The City Beautiful, recently celebrating the groundbreaking of Villa Blanc, the firm’s latest project located on 311 Santander Avenue. At the evening celebration, guests enjoyed remarks by CEO Alirio Torrealba and Coral Gables Mayor Raúl Valdés-Fauli championing another highly anticipated development offering style and originality.
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Sean Murphy, Co-President of Coastal Construction’s, has sold his home at 5490 Hammock Lake Drive home in Coral Gables, which was purchased by Chicago based family for $7.43 million. The price, which equates to over $1,000 SF, sets a new record in the Hammock Lake neighborhood after the previous high sale was $7.25 million.
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There is a new highest priced listing in Coral Gables nestled on a waterfront lagoon at 8901 Arvida Lane. The luxurious estate was designed by local architect Rafael Portuondo with a neoclassical design which radiates elegance and features bright open spaces, high ceilings and dramatic interiors.
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