Shovel-Ready Condo Development
For Sale
$8,200,000
719 Biltmore Way, Coral Gables, FL 33134
Approved 12-story luxury residential tower development site in Coral Gables.
Property Size12,000 SF
Lot Size0.28 Acres
Price / SF$683.33
Days on Market112
Property Features for 719 Biltmore Way
General Information
Standard status
Active
Size
12,000 SF
Lot size
0.28 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$44,476
Listing Agency:
Luxe Properties
(786) 853-0060
Listed By:
Maria Gabriela Diaz · License #3192493
(786) 853-0060
Source:
Elliman
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 15 at 10:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Luxe Properties
Investment Insights
Based on property information with market context.
This is a 12,000 square foot parcel zoned MF4, approved for a 12-story, 157-foot luxury residential tower. The site is positioned along Biltmore Way in Coral Gables, near the Biltmore Hotel. The development is designed for exclusivity and privacy, with each residence featuring 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. The location has a walk score of 80, indicating it is very walkable, a bike score of 66, indicating it is bikeable, and a transit score of 36, indicating some transit options are available. This shovel-ready site offers a reduced entitlement risk and accelerates the path to vertical construction, presenting a rare opportunity to deliver an ultra-luxury, privacy-driven product in a prestigious residential corridor.
Key Highlights
- Shovel‑ready development site with approvals in place, significantly reducing entitlement risk and accelerating construction.
- Prime location in Coral Gables, steps from the Biltmore Hotel and along prestigious Biltmore Way.
- Approved for a 12‑story luxury residential tower designed for maximum exclusivity and privacy.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8,336
Businesses Nearby
Explore this area
Business Placement
Demographics for 33134, FL
38,739
Population
18,136
Households
2.1
Avg Household Size
46
Median Age
54%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
7,450
Density / Sq Mi
$92,009
Median Household Income
$56,392
Median Earnings
$1,818
Median Rent
$660,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Approved 12-story luxury residential tower development site in Coral Gables.
Where is this residential land & home lot located?
The property is located at 719 Biltmore Way Coral Gables, FL.
What is the asking price?
The asking price for this property is $8,200,000.
What are key features of this property?
This property features: Shovel‑ready development site with approvals in place, significantly reducing entitlement risk and accelerating construction.; Prime location in Coral Gables, steps from the Biltmore Hotel and along prestigious Biltmore Way.; Approved for a 12‑story luxury residential tower designed for maximum exclusivity and privacy.
