$8,200,000
**Prime, Shovel-Ready Boutique Condo Development**. Exceptional opportunity to acquire a fully shovel-ready, Class A boutique condominium development site in the heart of Coral Gables, just steps from the historic Biltmore Hotel. Positioned along prestigious Biltmore Way, this 12,000 SF (100’ x 120’) MF4-zoned parcel is approved for a 12-story, 157-foot luxury residential tower designed for maximum exclusivity and privacy. Each residence is designed with private elevator foyer access, 9’6”–11’6” ceiling heights, floor-to-ceiling impact glass, and five separate private outdoor spaces connected to living and bedroom areas. Interiors are specified with top-tier finishes including Wolf® dual-fuel gas ranges and appliances, Sub-Zero® refrigeration and wine storage, Cove® dishwashers, imported Italian cabinetry, spa-inspired bathrooms with dual rainfall showers, and expansive kitchen islands. Coral Gables remains one of the most supply-constrained and architecturally protected municipalities in South Florida, creating a high barrier to entry for new development. With approvals in place and luxury specifications defined, this offering significantly reduces entitlement risk and accelerates the path to vertical construction. This is a rare opportunity to deliver an ultra-luxury, privacy-driven product in one of Miami’s most prestigious residential corridors.
Lot Size
11987 sqft
Property Type
Residential
MLS#
426683530
Area
Coral Gables Biltmore Sec
Days on Market
114
Listing courtesy of Luxe Properties
Listing information is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Data last updated 7/6/2026. Listing provided courtesy of the Miami Association of REALTORS® MLS. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the MIAMI Association of REALTORS®.