Newest Coral Gables Trend: Luxury Townhomes

February 20, 2017

coral-gablesTownhomes throughout Miami have become a new trend over the past few years. Demand has been very high and the market has responded. Coral Gables has seen many new townhomes hit the market and some have even sold for under $700K, while owners have been able to rent them about for more than $5,500 per month.

The luxury townhomes popping up in Coral Gables come with a bit of a London or New York City style. They are helping to fill a gap in the market for buyers not looking for a large single-family home, but also not looking for a condo. More luxury townhome projects are expected as demand remains high.

Coral Gables Primed for New Construction Projects

With very little new construction found in the Coral Gables residential market, it’s primed for some new projects. Investors are starting to show more attention to the area since many new restaurants have popped up and plenty of money is being poured into renovations around the Miracle Mile area.

Top New Luxury Townhomes Found in Coral Gables

There are three excellent choices for buyers seeking luxury townhomes in Coral Gables. All three provide the right type of home if you don’t prefer a single-family or a condo. Here’s a look at the top new luxury townhomes in Coral Gables.

Anastasia Townhomes Coral Gables

Luxury townhomes with 11-foot ceilings, three bedrooms and interior courtyards, these are some of the best you will find in the area. They are considered to be “Manhattan Brownstone Style” townhomes and offer plenty of luxuries throughout.

The Anastasia Townhomes include large eat-in kitchens, travertine marble flooring, wood flooring, quartz countertops, large walk-in closets, a four-car garage, large 1,200-square-foot terraces and so much more. The master bathroom comes with a shower and a tub and there is an elevator option.

These luxury townhomes are set up for entertaining with large family rooms and beautiful living rooms.

Almeria Row

almeria-rowWith phase one of the project already gaining notoriety from prestigious publications, the award-winning Almeria Row’s second phase is very highly anticipated. These are some of the most exclusive townhomes found in the Coral Gables area. Providing plenty of elegance throughout and the perfect choice for urban living, Almeria Row may be the best luxury townhomes in Coral Gables.

Floor plans vary with four-bedroom and five-bedroom options ranging from 2,995 to 3,083 square feet. The ceilings can be as high as 17 feet in some units and natural oak wood floors are used throughout. A covered terrace provides outdoor space, along with a courtyard. Units also feature skylights and plenty of luxurious fixtures.

Santander Townhomes

A 10-unit development with beautiful three-bedroom townhomes, the Santander townhomes provide plenty of space at 3,200 square feet. Interiors are fully customizable with standard features including quartz countertops, Italian cabinetry and Roman bathtubs. Units include a two-car garage, outdoor kitchens and individual courtyards.

New Projects Coming to Coral Gables

beatrice-rowAlong with these three luxury townhome options in Coral Gables, a few others are slated to open within the area soon including:

  • Gables Waterway – This is a 13-resident waterfront development with private dockage and plenty of great features. It’s a prime location and the residences will feature 1,684 to 6,789 square feet of living space. Underground parking will be available with plenty of amenities and services expected.
  • Beatrice Row – Found in the heart of historic Coral Gables, these chic townhomes will provide incredible designs. They will all stand three-stories tall and range from 3,781 to 4,132 square feet in size. All townhomes will provide garages and large terraces. Beatrice Row is expected to be completed in August of 2017.
  • Biltmore Parc – A boutique building with an incredible location. This project provides luxury condos and townhomes. Most will come with large terraces, European style kitchens and some of the finest finishes. Residents also gain access to concierge services and a membership to The Club at the Biltmore.

Townhomes are in high demand with plenty of buyers looking for something different. Not everybody wants to live in a condo or a large single-family home. With the right luxury townhome, you get the best of both worlds with low maintenance, amenities and plenty of space.

Related: Home Design Trends for 2017

These are just some of the Coral Gables townhomes available now and coming soon. Developers and investors are working on other projects, which may include townhomes. Many others are expected to be announced as this segment of the real estate market heats up in Miami.

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