Shovel-Ready Condo Development
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719 Biltmore Way, Coral Gables, FL 33134
Approved 12-story luxury residential tower development site in Coral Gables.
Property Size46,479 SF
Lot Size0.28 Acres
Price / SF$176.42
Days on Market177
Property Features for 719 Biltmore Way
General Information
Standard status
Active
Size
46,479 SF
Class
A
Lot size
0.28 Acres
Property subtype
Land, Multifamily
Zoning
MF4 Multifamily
Investment Type
Redevelopment
Building Details
Stories
12
Listing Agency:
LUXE Capital Advisors
Listed By:
Deni S. Alvarez · License #3310315
Source:
Crexi
Added: Feb 18
Changed: Aug 14
Last Checked: Aug 14 at 6:05AM
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 Capital Advisors
Investment Insights
Based on property information with market context.
This is a fully shovel-ready site for a Class A boutique condominium development in Coral Gables, situated near the Biltmore Hotel. The 12,000 square foot parcel, zoned MF4, has approvals for a 12-story, 157-foot luxury residential tower. The residences are designed with private elevator foyer access, ceiling heights between 9 feet 6 inches and 11 feet 6 inches, floor-to-ceiling impact glass, and five private outdoor spaces connected to living and bedroom areas. Interior specifications include Wolf dual-fuel gas ranges and appliances, Sub-Zero refrigeration and wine storage, Cove dishwashers, imported Italian cabinetry, and spa-inspired bathrooms with dual rainfall showers, and expansive kitchen islands. The location is within walking distance to the dining and retail corridor of Miracle Mile and minutes from the Shops at Merrick Park. It is also in proximity to the Miami International Airport, major employment centers, and the University of Miami. The site offers a reduced entitlement risk and accelerates the path to vertical construction, presenting an opportunity to deliver a privacy-driven product.
Key Highlights
- Shovel‑ready development site with approvals in place for a 12‑story luxury residential tower.
- Prime location on Biltmore Way in Coral Gables, steps from the Biltmore Hotel and walkable to Miracle Mile.
- MF4 zoning allows for a 157‑foot building on a 12,000 SF parcel.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8,336
Businesses Nearby
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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 for a 12‑story luxury residential tower.; Prime location on Biltmore Way in Coral Gables, steps from the Biltmore Hotel and walkable to Miracle Mile.; MF4 zoning allows for a 157‑foot building on a 12,000 SF parcel.
