Preconstruction
Real Estate News
Coral Gables
by , October 16, 2022
It’s turnkey boutique luxury. It’s short-term rental approved. And, it’s bringing European charm to City Beautiful - Coral Gables - next fall.
The Avenue by Roger Development Group is set on bringing something new to Miami – a brand-new standard of European-style, luxe condo living in the beautiful city of Coral Gables. Located next door to the very popular Shops at Merrick Park, the boutique residences will be built as much for elegant year-round living as for the second homer with flexible rentals allowed.
Prices at this modern European enclave will start from the low $700s for one-bedroom condos and from the higher $900s for its two-bedroom residences. Layouts will range from 571 to 978 square feet in size. Completion is scheduled for Fall 2023.
The Avenue will mark Coral Gables’ first luxury residences built for short-term rentals. Considering Miami has always been a vacation hotspot plus the recent influx of businesses and remote workers from across the country, this luxury mid-rise will hold great investment value. Owners will be able to rent out directly to the likes of Airbnb or reach out to the on-site short-term rental management office to keep things hassle-free.
Designed by the Miami-based, globally recognized Bermello Ajamil & Partners, The Avenue will rise only 9 stories with 54 modern residences. The boutique mid-rise will be built using the latest green building technologies and feature modern European references and a scale reflective of its environment.
The lobby and unit interiors at The Avenue will be designed by the Ecuador-based Adriana Hoyos Design Studio – a team best known for its timeless, warm, and sophisticated aesthetic. Each fully-furnished residence will open up to breathtaking views of City Beautiful, available from their private terraces. Besides thoughtful layouts and 9- to 11-foot ceilings, residents will be treated to European kitchens with stone counters, Sub-Zero and Wolf appliances, imported Italian cabinetry, frameless glass showers, and premium European-style fixtures. Buyers will further be given options for porcelain flooring, baseboards, and designer paint.
In true Miami flavor, The Avenue will feature an artfully landscaped, resort-style pool deck on level 9. The pool deck will come complete with poolside lounge chairs and daybeds, summer kitchens and a family-friendly dining area, a hammock garden, plus 360-degree views of Coral Gables.
The boutique mid-rise will also feature 3,536 square feet of ground-floor luxury retail space.
Living at The Avenue, residents will have every imaginable convenience within a 2-mile radius – from the University of Miami to Trader Joe’s, Starbucks, a Metrorail station, schools, a hospital, a country club, and of course, a grand collection of retail and restaurants at the iconic Shops at Merrick Park.
Coral Gables is also known as City Beautiful for its tree-lined streets, lush tropical greenery, and gorgeous architecture at every turn – making it a great neighborhood to step out for a leisurely walk. By car, the historic parks and international-grade marinas of Coconut Grove will be 10 minutes, business at Brickell will be 25 minutes, and the Miami International Airport will be 25 minutes as well.
If you’d like to know more about owning European luxury at The Avenue, please call, chat, or email us for more on early bird prices, to reserve a preferred unit, or for a unit in any other pre-construction condo in Miami or Fort Lauderdale.
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