Ponce Park Residences: A New Standard of Luxury Living in Coral Gables
Exclusive Condo Development by Allen Morris Company
The Allen Morris Company has officially launched sales for Ponce Park Residences, an ultra-luxury condominium project in Coral Gables. This milestone comes approximately nine months after the development received approval from the city. Situated at 3000 Ponce de Leon Boulevard, this exclusive 11-story residential tower will offer 58 meticulously designed residences catering to discerning buyers looking for high-end urban living.
Prices for these elite condominiums begin at $2.4 million, with unit sizes ranging from 1,900 to 6,500 square feet. Mayi and Daniel de la Vega’s One Sotheby’s International Realty is leading sales efforts, with Ena Espino at the forefront of the project’s marketing strategy.
Luxury Features and World-Class Amenities
Ponce Park Residences is redefining modern living in Coral Gables with an array of opulent amenities and bespoke designs. The development includes 30,000 square feet of resident-exclusive amenities, ensuring an unparalleled lifestyle experience. These include:
- Rooftop pools with panoramic city views
- Jacuzzi and full-service spa
- State-of-the-art fitness center
- Private rooftop bar and lounge
- Exclusive resident club room
Additionally, the building will feature 25,000 square feet of ground-floor retail space, with a high-end anchor restaurant bringing a new level of culinary excellence to the area.
Architectural Brilliance and Interior Elegance
The visionary team behind Ponce Park Residences includes top industry professionals known for their expertise in luxury developments:
- Architect: John Cunningham of Zyscovich Architects
- Interior Designer: The world-renowned Meyer Davis
Each residence boasts 11-foot-deep private balconies with summer kitchens, offering residents a seamless indoor-outdoor living experience, perfect for entertaining guests or enjoying quiet moments overlooking Coral Gables.
Prime Location in Coral Gables
Ponce Park Residences enjoys a prime location in the heart of Coral Gables, just steps away from The Plaza Coral Gables and the iconic Miracle Mile. Residents will have immediate access to:
- Over 100 shops and fine dining restaurants
- Boutique retail experiences
- Lush parks and walking trails
- Cultural landmarks and entertainment venues
The development’s strategic location places it within walking distance of high-end shopping and gourmet restaurants, making it an attractive investment for both local and international buyers.
Public Improvements and Community Enhancements
As part of the agreement with the city, Allen Morris Company has committed $2 million towards public improvements, ensuring the betterment of surrounding infrastructure. This includes contributions to the renovation of Ponce Circle Park, an essential green space in the community. The firm has also pledged to cover potential funding gaps and cost overruns for the park’s redevelopment.
Project Timeline and Development History
The Allen Morris Company has been assembling the Ponce Park site since 2011, acquiring properties at:
- 216 and 224 Catalonia Avenue
- 203 University Drive
- 225 Malaga Avenue
Construction is expected to commence in the fourth quarter of this year, with a projected completion date in late 2027.
Insights
What makes Ponce Park Residences unique compared to other luxury condos in Miami?
Ponce Park Residences offers a boutique luxury experience, with spacious floorplans, world-class amenities, and an unbeatable location in Coral Gables. Unlike other high-rise developments, the focus here is on elegant, modern living with personalized amenities tailored for a select group of residents.
How does Ponce Park Residences integrate with the Coral Gables community?
This development not only elevates luxury living but also contributes to the community by revitalizing Ponce Circle Park and incorporating 25,000 square feet of retail space, enhancing the neighborhood’s vibrancy and economic landscape.
Who is leading the sales efforts?
One Sotheby’s International Realty, led by Mayi and Daniel de la Vega, with Ena Espino spearheading the project’s sales and marketing strategy.
What is the significance of the project’s location?
The project is strategically located near The Plaza Coral Gables and Miracle Mile, offering residents access to premium shopping, fine dining, and cultural experiences, making it one of the most desirable residential locations in Miami.
What types of floor plans are available?
Residences range from two- to five-bedroom layouts, with sizes between 1,900 and 6,500 square feet, catering to buyers who seek expansive, luxurious living spaces in an urban setting.
When is construction expected to be completed?
Construction will begin in late 2024 and is scheduled for completion by late 2027.
Final Thoughts
Ponce Park Residences is set to become a landmark luxury development in Coral Gables, offering an unmatched living experience with high-end amenities, sophisticated design, and an unbeatable location. With sales now open and demand rising for premium residences in Miami, this project is expected to attract buyers looking for elevated urban living in one of South Florida’s most prestigious neighborhoods.
For more information, visit the official website or contact One Sotheby’s International Realty for sales inquiries.
