Biltmore Parc is the newest luxury condo development coming to Coral Gables. This project is just a few blocks from the world renowned Biltmore Hotel and will be at 718 Valencia Avenue.The project will be 5 stories and have 32 units. Prices range from $950,000 to $1.7 Million. Units will be 2 and 3 bedrooms with square footage between 1,700 and 2,500. The price per square foot will be between 550 and 700 which is extremely high for Coral Gables condos. There are many luxurious single family homes but there has been no new Coral Gables preconstruction condo projects in over 6 years.
Owners of this project will also be given 1 year membership access to the Biltmore Hotel which has an incredible pool, gym and spa area. I haven’t received any information regarding golf memberships though. Construction should take around 1.5 years beginning this summer and ending at the end of 2016 but I estimate this project will be complete in the Spring or Summer of 2017.
If interested in receiving a presentation or getting more information on this project please call me at (305) 588-9469 or email me at Michael@MDrealtyMiami.com