www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29816633
29816634

719 Biltmore Way, Coral Gables, FL 33134

DA
FL 3310315
LUXE Capital Advisors
Listed by LUXE Capital Advisors
$8,200,000
106 days on market
Updated 1 day ago

719 Biltmore Residences

Details
APN 03-4117-008-0160
Property Type Land, Multifamily
Sub Type Apartment Building, Commercial (+1)
Square Footage 46,479
Price per SqFt $176
Class A
Stories 12
Lot Size (SqFt) 11,987
Zoning MF4 Multifamily
Investment Type Redevelopment

Land | 11,987 SqFt

Marketing description

Prime, Shovel-Ready Boutique Condo Development | 719 Biltmore Way | Coral Gables

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.

Location Advantages:

Walkable to the dining and retail corridor of Miracle Mile and minutes from the Shops at Merrick Park. Immediate proximity to the Miami International Airport, major employment centers, and premier institutions such as the University of Miami enhances long-term demand fundamentals.

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.

A rare opportunity to deliver an ultra-luxury, privacy-driven product in one of Miami’s most prestigious residential corridors.

Investment highlights

Approved Project Overview:

  • 9 full-floor luxury residences (one unit per floor)

  • Average unit size: ~4,200 GSF

  • Select floors (3 & 4): 3,539 SF interior + expansive terraces (~4,250 total SF)

  • Floors 5–11: ~3,911 SF per residence

  • Total enclosed area: 46,479 SF

  • Total gross floor area: 57,883 SF

  • Folio: 03-4117-008-0160

Rooftop & Lifestyle Amenities:

  • Rooftop relaxation pool (approx. 330 SF water feature)

  • 260 SF fitness center

  • Over 4,200 SF of indoor/outdoor rooftop amenity space

  • Business/study lounge

  • 24/7 concierge service

Market Fundamentals:

  • Miami-Dade occupancy: ~95%+

  • Coral Gables/South Miami submarket average rent: $2,855/month

  • Submarket rent premium: 16%+ above county average

  • Strong historical absorption and limited luxury boutique supply

Listing Contacts

DA
FL 3310315
LUXE Capital Advisors
Listed by LUXE Capital Advisors

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Maria Gabriela Diaz
License
3216350
Brokerage
Luxe Properties LLC
Brokerage Phone
786-853-0060
Title
Broker of Record
Brokerage Address
55 Merrick Way Suite 402, CG, FL 33134
Name
Deni S. Alvarez
License
3310315
Brokerage
Luxe Capital Advisors
Brokerage Phone
3054878487
Title
VP of Commercial Sales
Brokerage Address
55 Merrick Way
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591