Description

**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.

Address

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Address: Biltmore Way
City: Coral Gables
State/county: Miami-Dade County
Zip/Postal Code: 33134
Area: CORAL GABLES BILTMORE SEC

Details

Updated on February 19, 2026 at 3:45 am

Property ID A11963747
Price $8,200,000
Land Area 0.275 Square Feet
Type Residential
Property Status Commercial Land

Additional details

BuildingAreaUnits Square Feet
BuildingName CORAL GABLES BILTMORE SEC
ContractStatusChangeDate 2026-02-12
CurrentUse Unimproved Multi Family (5+Units), Other Style
DaysOnMarket 6
Directions Use GPS
DocumentsAvailable Additional Assessment, Building Permit, Engineering Studies, Environmental Audit, Site Plans, Soil Test
DocumentsCount 6
ExpirationDate 2026-07-28
FrontageLength 100
GrossScheduledIncome 0
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-853-0060
LotFeatures City Location, Urban Area Development, Less Than 1 Acre
LotSizeDimensions 100x120
LotSizeSquareFeet 11987
MLSAreaMajor Coral Gables Biltmore Sec
MajorChangeTimestamp February 12, 2026 at 09:51pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp February 19, 2026 at 12:09am
OnMarketDate 2026-02-12
OriginalEntryTimestamp February 12, 2026 at 09:51pm
OriginalListPrice 8200000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 03-41-17-008-0160
PhotosChangeTimestamp February 12, 2026 at 09:54pm
PhotosCount 23
PossibleUse Other Plan Use
PostalCodePlus4 7554
PriceChangeTimestamp February 11, 2026 at 07:39pm
PublicSurveyRange 41
PublicSurveySection 17
PublicSurveyTownship 41
RoadFrontageType City/County Maintained
RoadResponsibility Public Maintained Road
RoadSurfaceType Paved
Sewer Other
ShowingContactType Agent
ShowingInstructions Call Listing Agent, Go Directly
SourceSystemKey 426683530
StateOrProvince FL
StatusChangeTimestamp February 12, 2026 at 09:51pm
StreetName Biltmore Way
StreetNumber 719
StreetNumberNumeric 719
StructureType Residential
SyndicationRemarks **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.
TaxAnnualAmount 44476
TaxLegalDescription 17 54 41 C GABLES BILTMORE SEC PB 20-28 LOTS 20 TO 23 INC LESS THE S80FT OF E .16FT LOT 20 BLK 1 LOT SIZE 11987 SQ FT M/L
TaxYear 2025
Utilities Sewer Connected, Water Connected, Water Available
WaterSource Municipal Water
Zoning A