What’s New in Condo Construction in Downtown Coral Gables

Coral Gables or City Beautiful as locals like to call this lovely private enclave, can hold its own in the current Miami condo marketplace.  Buying and selling condos is big and frequent business, so much so that often information conflicts and can be confusing to say the least. Keeping up with condo developments in the world of Coral Gables real estate requires astute attention on the part of both buyers and sellers alike.

The two most prominent new condo constructions in downtown Coral Gables are Ponce Tower and 55 Merrick. They both are located in or very close to the heart of the city and are worth considering for those interested in buying Coral Gables real estate.

Built more like a boutique condominium tower with only 110 units, Ponce Tower Condo is situated at 1805 Ponce De Leon, which is within walking distance of the city’s Miracle Mile, so renowned for fine dining and its many diverse shops. Completed in 2008, Ponce Tower condos represent premium Coral Gables real estate are beautifully finished and offer an ambiance of serenity and cozy tranquility.  

There are sixteen floor plans to choose from, ranging in size from an 897 square-foot one bedroom all the way up to a glorious 3,200 square-foot two-story penthouse. One of the loveliest available views is in the eight-story atrium wing; the one wing overlooking the pool features a view of towering palms lining the edge of the spacious pool.

Ponce Tower buildings offer the following amenities in all of their units:

• 11-foot high ceilings

• Energy-efficient cooling & heating systems

• Modern European style cabinetry in the kitchen and baths

• Private balconies

• High-speed Internet and cable television access smart building.

• Meditation and tranquility garden

The condos at 55 Merrick were completed a year earlier in 2007 and there are 167 one, two and three bedroom residences. These luxury condos are similar to those at Ponce Tower, and they both represent top-of-the-line Coral Gables real estate. Their units range from 848 square feet to over 1800 square feet and there are more than 20 diverse floor plans to choose from.

Named after the founder of Coral Gables, George Merrick, these condos reflect the original vision for City Beautiful in terms of its classic architecture. Elegant contemporary interiors are contrasted with classic, grandiose exteriors in a Mediterranean architectural style.  Most of the residences are designed with nine-foot ceilings but units on the penthouse level feature ten-foot ceilings, and town-homes have ceiling heights of twenty feet.

 Some of the amenities available at 55 Merrick include:

• 24-hour controlled-access security system

• Tropical pool

• High-speed Internet and cable TV

• Gourmet kitchens

• Concierge service

• Custom wood cabinetry and upgraded appliances

• Italian tile flooring

View both these luxury condominiums before making up your mind to buy Coral Gables real estate. They both have a lot to offer for those who choose to reside in the City Beautiful.