Seventeen Gables: A New Boutique Preconstruction Condo in Coral Gables

Seventeen Gables condominium

Seventeen Gables exterior

Seventeen Gables is a newly announced preconstruction condominium development coming to East Coral Gables, offering a rare opportunity to own in one of Miami’s most established and walkable neighborhoods. Located at 1715 SW 37th Avenue, the project will rise 8 stories and feature 120 boutique residences, positioning it as a refined alternative to larger high-density towers found elsewhere in Miami. With an estimated completion in Q4 2027, Seventeen Gables is designed for buyers seeking long-term value, lifestyle convenience, and architectural character in a low-rise luxury setting.

The development is being led by Ascendra Capital, with architecture by Caymares Martin A&E Design and interiors by Asprea Studio. Together, the team brings a balance of institutional execution and boutique design sensibility, drawing inspiration from classic Coral Gables architecture while incorporating modern layouts, premium finishes, and resort-style amenities. As one of the tallest residential buildings in East Gables, Seventeen Gables is set to offer elevated views while maintaining harmony with the surrounding neighborhood.

Seventeen Gables kitchen

Residences Designed for Light, Comfort, and Modern Living

Seventeen Gables will offer a thoughtfully curated mix of one-, two-, and three-bedroom residences, including select den layouts. Floor plans are designed with open, flexible living spaces that emphasize natural light and functionality, making them well-suited for both full-time residents and long-term investors.

Residence features are expected to include floor-to-ceiling impact glass windows, premium engineered stone or quartz countertops, European-style cabinetry, and a Bosch kitchen appliance suite, with integrated Fisher & Paykel refrigerators and dishwashers in select homes. Bathrooms will feature spa-inspired designs with floating vanities and designer fixtures, while curated flooring packages and smart-home technology for lighting and climate control add a modern layer of convenience.

Many residences will also feature private balconies, with views ranging from Coral Gables’ lush tree canopy to surrounding city skylines. The emphasis on light, proportion, and understated luxury reflects a growing demand for homes that feel both elevated and livable.

Seventeen Gables club room

Amenities and Services Focused on Lifestyle and Wellness

Seventeen Gables is planned to offer a comprehensive yet intimate collection of amenities that support daily living without the excess of large high-rise developments. A third-floor amenity deck will serve as the social heart of the building, featuring a resort-style swimming pool with in-pool lounging areas, landscaped sun shelves, private cabanas, and outdoor gathering spaces.

Additional amenities are expected to include a fully equipped fitness center, sauna and wellness areas, resident club and social lounges with entertainer kitchens, and a co-working center with private booths and an A/V-ready conference room. Outdoor recreation spaces will include a dog park, children’s playground, half basketball court, yoga terrace, and landscaped green areas designed for relaxation and connection.

Building services are expected to include 24-hour valet parking, controlled-access entry, smart package management, secure bicycle storage, resident storage rooms, and a dedicated building management app that allows residents to manage amenities, reservations, and communication seamlessly.

Prime Coral Gables Location with Walkable Appeal

One of Seventeen Gables’ strongest selling points is its East Coral Gables location, offering a rare combination of tranquility and accessibility. Residents will be within walking distance of Miracle Mile, Giralda Plaza, and The Shops at Merrick Park, providing immediate access to some of Coral Gables’ best dining, shopping, cafés, and cultural destinations.

Nearby points of interest include the Coral Gables Museum, Actors’ Playhouse, and the historic Biltmore Hotel, while the neighborhood’s tree-lined streets and Mediterranean-inspired architecture reinforce Coral Gables’ reputation as “The City Beautiful.”

By car, Seventeen Gables is approximately 4 miles from Miami International Airport, 2 miles from Coconut Grove, 5 miles from Downtown Miami and Brickell, and about 8 miles from Miami Beach. This central positioning makes it an attractive option for buyers who want proximity to Miami’s business districts and waterfront lifestyle while enjoying a more residential environment.

Why Seventeen Gables Stands Out Among Coral Gables Preconstruction Condos

Unlike many new developments in Miami, Seventeen Gables is intentionally boutique in scale, offering fewer residences, a lower building height, and a design approach that prioritizes quality over volume. This makes it particularly appealing to end-users, professionals, and downsizers looking for new construction without the density of large towers.

For investors, the project benefits from strong long-term fundamentals: a prime Coral Gables location, limited new condo supply in East Gables, walkability, and proximity to major employment and lifestyle hubs. As Coral Gables continues to attract buyers seeking stability, charm, and enduring value, Seventeen Gables positions itself as a compelling new preconstruction opportunity.

Seventeen Gables Pricing Overview

Initial pricing at Seventeen Gables reflects its boutique positioning within the Coral Gables preconstruction market, with residences starting in the mid-$600,000s and extending into the low $1.2M range, depending on residence type, size, floor level, and view.

Based on the current price list, one-bedroom residences begin around $634,900 for approximately 557 square feet, with larger one-bedroom layouts reaching the high $600,000s. One-bedroom plus den residences are currently priced from the mid-$800,000s, with select south-facing layouts approaching $900,000+.

Two-bedroom residences are priced from the mid-to-high $800,000s, with larger layouts and premium east-facing views exceeding $1.2 million. As with most preconstruction developments, pricing is expected to evolve over time as inventory is absorbed and higher floors are released.

Interested in Seventeen Gables?

Construction is expected to move quickly with groundbreaking slated for January 29, 2025. For the latest updates on Seventeen Gables preconstruction condos in Coral Gables, including early access opportunities, feel free to reach out directly at [email protected].

Naftali Group Secures $465M Construction Loan for JEM Private Residences at Miami Worldcenter

JEM Private Residences Miami

JEM Private Residences Miami

The Naftali Group has officially secured a substantial $465 million in construction financing for its highly anticipated JEM Private Residences, a condo tower set to rise in the heart of Miami Worldcenter. This financing milestone positions the project as one of the most significant residential developments within the vibrant, mixed-use Miami Worldcenter district.

A Major Step Forward for JEM Private Residences

The $465 million loan, arranged with Nuveen Real Estate, underscores the confidence in the Miami condo market and the project’s appeal. JEM Private Residences will feature a blend of luxury condominiums and multifamily units, adding a new layer of sophistication to the Miami Worldcenter landscape. The development is expected to include high-end amenities and stunning views, catering to discerning buyers and renters alike.

Development Context and Market Impact

Located within the sprawling Miami Worldcenter—a 27-acre mixed-use development that’s been a focal point of Miami’s urban revitalization—JEM Private Residences is poised to attract both local and international attention. The project’s financing success signals strong demand and investor confidence in Miami’s luxury condo sector, even amid broader economic fluctuations.

Conclusion

In summary, the Naftali Group’s successful securing of $465 million in construction financing is a pivotal moment for the JEM Private Residences and the Miami Worldcenter at large. As construction progresses, this development is set to become a standout addition to Miami’s skyline and a beacon of luxury living in one of the city’s most dynamic neighborhoods.

Simon Property Group Acquires Brickell City Centre in $512M Power Move

Miami’s Brickell district just witnessed one of its biggest real estate shakeups of the year. Swire Properties, the Hong Kong-based developer that brought Brickell City Centre to life, has officially sold its remaining 75% stake in the retail and parking components of the complex to Simon Property Group for a whopping $512 million.

If you’ve spent any time in Brickell, you’ve likely walked through the sleek, open-air corridors of Brickell City Centre—home to more than 90 luxury and lifestyle retailers, a showstopping Saks Fifth Avenue, and a carefully curated mix of food and drink concepts. Now, the mall’s future is squarely in the hands of one of the biggest names in U.S. retail: Simon.

This acquisition gives Simon 100% control over the 500,000-square-foot shopping center and its underground parking facility, adding yet another trophy asset to their Miami portfolio, which already includes Dadeland Mall, Sawgrass Mills, and Miami International Mall. It’s a strong signal that Simon believes Brickell is still on the rise—and they’re doubling down on experiential, high-foot-traffic properties in urban cores.

For Swire, this sale wraps up a years-long repositioning effort. Over the past few years, they’ve sold off Brickell City Centre’s office towers, the EAST Miami hotel, and nearby development parcels. But it’s not a goodbye—Swire is now focusing on the nearby Residences at Mandarin Oriental, Miami, a luxury condo-hotel project that will rise on the last developable site on Brickell Key.

So what’s next for Brickell City Centre? With Simon at the helm, we can expect new retail activations, events, and perhaps some exciting shifts in the tenant mix to keep up with evolving trends in fashion, dining, and entertainment. This is also part of a broader trend: retail real estate is evolving, and owners like Simon are adapting by creating immersive, lifestyle-driven destinations—not just places to shop.

In many ways, this deal reflects Miami’s maturation as a global city. Institutional investors are all-in on neighborhoods like Brickell, and the demand for luxury experiences—whether in condos, hotels, or retail—isn’t slowing down anytime soon.