New Construction and New Development in Coral Gables and Coconut Grove, Florida

01 Featured communities

Two to start with in Coral Gables and Coconut Grove

There are 17 new home communities and new developments in and around Coral Gables and Coconut Grove in this guide. These are the two I'd tour first, for the homes available now and what the builder or developer is offering. Every one of them is in the search below.

PEND and Alchemy Group

CANOPY Coconut Grove

From $3.3M

Townhomes and villas

Ask me what PEND and Alchemy Group is offering this month.

Four four-story townhouses on Florida Avenue. Sales gallery opened August 2026.

Community details

BAM Property Development and Ascendra Capital

Seventeen Gables

From $635K

New development residences | 1 to 3 beds | 557 to 1,428 sq ft

Completion 2028 (est.), 117 residences, 8 stories. Ask me what BAM Property Development and Ascendra Capital is offering this month.

Eight-story Mediterranean-style building at the Coral Gables edge with 117 one- to three-bedroom residences. Broke ground May 2026.

Residences and details

02 The place

Getting to know Coral Gables and Coconut Grove

Coral Gables is its own city, incorporated in 1925 and planned by George Merrick under the City Beautiful movement, with Mediterranean Revival design rules and strict zoning: the Biltmore Hotel, Venetian Pool, Miracle Mile and the University of Miami's 240-acre campus. Coconut Grove, part of Miami since 1925, centers on the village where Main, McFarland and Grand Avenues meet, with CocoWalk and Mayfair, and Vizcaya's house and gardens nearby. Key Biscayne sits offshore at the end of the Rickenbacker Causeway.

Facts from the Florida Office of Economic and Demographic Research and public sources on Coral Gables and Coconut Grove, checked October 26, 2026.

Coral Gables had about 50,850 residents in 2025 and was incorporated on April 29, 1925.
Its landmarks include the Biltmore Hotel (1926), Venetian Pool, Miracle Mile and the Douglas Entrance.
A free trolley runs on Ponce de Leon Boulevard, and Metrorail's University station serves the University of Miami's 240-acre main campus.
Vizcaya Museum and Gardens, built in 1916, is a 28-acre National Historic Landmark in Coconut Grove.
Coconut Grove holds Miami's highest natural point, 24 feet above sea level.

17

Communities and towers

15

Builders and developers

$635K

Starting from

0

Move-in ready homes listed

03 The neighborhoods

Where Coral Gables and Coconut Grove are building

These are places that build carefully. Mid-rise residences around Merrick Park, Ponce de Leon Boulevard and downtown Coral Gables, boutique towers and townhomes through Coconut Grove, new waterfront estates in the Gables, and new residences on Key Biscayne. Here's what each part feels like and what's going up there.

8 in this guide

Coral Gables

Coral Gables was planned under the City Beautiful movement, and its Mediterranean Revival character comes from the design rules set at the start. Downtown runs along Miracle Mile and Ponce de Leon Boulevard, with a free trolley on Ponce, and the Biltmore Hotel, Venetian Pool and the University of Miami campus are all within the city. New residences are going up around Merrick Park (CORA Merrick Park and Cassia), downtown (Alhambra Parc and Ponce Park), near the Biltmore (The George) and in North Coral Gables (Ponce 8), and new waterfront estates are being built here too, one listed at $40 million with more than 170 feet on the water.

Seventeen GablesBAM Property Development and Ascendra Capital, From $635K
CORA Merrick ParkConstellation Group and The Boschetti Group, From the $900s
Alhambra ParcMG Developer and Vertical Developments, From $1.1M
Cassia Residences at Coral GablesAlta Developers, From $1.31M
The Village at Coral GablesMG Developer, From $4.0M
Ponce Park Coral GablesThe Allen Morris Company, Pricing on request
The GeorgeMG Developer, Pricing on request
Ponce 8Shoma Group, Pricing on request

8 in this guide

Coconut Grove

Coconut Grove centers on its village, where Main, McFarland and Grand Avenues meet around CocoWalk and Mayfair, with Vizcaya's 28 acres of house and gardens nearby and Brickell just to the north. Its new building is a mix of boutique towers and townhomes: the Four Seasons Private Residences, OPUS, Arbor, The Lincoln, The Well and Ziggurat, plus CANOPY's townhomes.

OPUS Coconut GroveMETA Development, From $2.8M
CANOPY Coconut GrovePEND and Alchemy Group, From $3.3M
Arbor Coconut GroveArbor Grove Development, Pricing on request
Four Seasons Private Residences Coconut GroveCMC Group and Fort Partners, Pricing on request
The Lincoln Coconut GroveLORE Development and Element Development, Pricing on request
The Well Coconut GroveTerra, Pricing on request
ZigguratThe Allen Morris Company, Pricing on request
Wave HouseUrbane Capital, Pricing on request

1 in this guide

Key Biscayne

The Rickenbacker Causeway starts at the south end of Brickell and crosses Virginia Key to Key Biscayne. One&Only Residences Key Biscayne is the island's new development in this guide; ask me for its residences and timing.

One&Only Residences Key BiscayneTerra and Fortune International Group, Pricing not yet released

04 The new developments

Every new development in Coral Gables and Coconut Grove

15 towers and boutique buildings in Coral Gables, Coconut Grove and on Key Biscayne, sorted by expected completion. Prices, residence counts and deposit schedules as the developers and public reporting show them today. Tap Save to keep the ones you like, or Ask for the price list and the deposit schedule.

Tower	Neighborhood	Residences	Stories	Completion	From	Deposits
Arbor Coconut GroveArbor Grove Development	Coconut Grove	45	5	2025	Pricing on request	Ask me
Cassia Residences at Coral GablesAlta Developers	Merrick Park	174	12	2027	$1.31M	Ask me
OPUS Coconut GroveMETA Development	Coconut Grove	14	6	2027	$2.8M	Ask me
Four Seasons Private Residences Coconut GroveCMC Group and Fort Partners	Coconut Grove	70	20	2027	Pricing on request	Ask me
ZigguratThe Allen Morris Company	Coconut Grove	19	3	2027 (est.)	Pricing on request	Ask me
The GeorgeMG Developer	Biltmore area	13	3	2027 (est.)	Pricing on request	Ask me
CORA Merrick ParkConstellation Group and The Boschetti Group	Merrick Park	74	13	2028	the $900s	Ask me
Alhambra ParcMG Developer and Vertical Developments	Downtown Coral Gables	74	8	2028	$1.1M	Ask me
The Lincoln Coconut GroveLORE Development and Element Development	Coconut Grove	48	8	2028	Pricing on request	Ask me
The Well Coconut GroveTerra	Coconut Grove	194	8	2028	Pricing on request	Ask me
Ponce 8Shoma Group	North Coral Gables	201	16	2028	Pricing on request	Ask me
Seventeen GablesBAM Property Development and Ascendra Capital	Coral Gables area (Douglas Road)	117	8	2028 (est.)	$635K	Ask me
Ponce Park Coral GablesThe Allen Morris Company	Downtown Coral Gables	58	11	2028 (est.)	Pricing on request	Ask me
One&Only Residences Key BiscayneTerra and Fortune International Group				Pre-construction	Pricing not yet released	Ask me
The Village at Coral GablesMG Developer	Coral Gables	48	3	Delivered 2025	$4.0M	Ask me

Completion dates are the developer's estimates and change often. Pricing from developer websites and public reporting, checked October 26, 2026. Resale-only buildings are not included.

05 The incentives

What builders in Coral Gables and Coconut Grove are offering

Builder by builder, the money on the table in and around Coral Gables and Coconut Grove right now. Offers change often and most come with the builder's affiliated lender, so I confirm what applies before you sign.

Builder or developer	Communities here	Closing cost help	Flex cash and design	Price reductions	Rates or deposit terms
MG Developer	2	Ask me	Ask me	Ask me	Ask me
The Allen Morris Company	2	Ask me	Ask me	Ask me	Ask me
Alta Developers	1	Ask me	Ask me	Ask me	Ask me
Arbor Grove Development	1	Ask me	Ask me	Ask me	Ask me
BAM Property Development and Ascendra Capital	1	Ask me	Ask me	Ask me	Ask me
CMC Group and Fort Partners	1	Ask me	Ask me	Ask me	Ask me
Constellation Group and The Boschetti Group	1	Ask me	Ask me	Ask me	Ask me
LORE Development and Element Development	1	Ask me	Ask me	Ask me	Ask me
META Development	1	Ask me	Ask me	Ask me	Ask me
MG Developer and Vertical Developments	1	Ask me	Ask me	Ask me	Ask me
PEND and Alchemy Group	1	Ask me	Ask me	Ask me	Ask me
Shoma Group	1	Ask me	Ask me	Ask me	Ask me
Terra	1	Ask me	Ask me	Ask me	Ask me
Terra and Fortune International Group	1	Ask me	Ask me	Ask me	Ask me
Urbane Capital	1	Ask me	Ask me	Ask me	Ask me

Offers as shown on each builder's or developer's website, checked October 26, 2026. Amounts are the largest published for that builder's communities here and apply to select homes and dates.

See Coral Gables and Coconut Grove in the incentives table

Every community in and around Coral Gables and Coconut Grove, offer by offer, with rate programs and their APRs.

06 The search

Search new homes in and around Coral Gables and Coconut Grove

Pick a place and a budget. Every community and new development that fits shows up right below, with its floor plans, move-in ready homes and what the builder is offering. Tap any home to ask me about it, or save it to your list.

Sort

Want these sent to you? I'll email you this search with current prices and what each builder is offering, and let you know when something new fits. Saved homes and communities ride along with it.

Planned oceanfront residences on the former Silver Sands site in Key Biscayne

Pricing not yet released

New development residences

Residences, pricing and offers Urbane Capital

Wave House

Pricing on request

5 beds | 7 baths | 4,747 sq ft

Floor plans, homes and offers

08 Living there

Living in Coral Gables and Coconut Grove

Landmarks and parks

The Biltmore Hotel opened in 1926, and Venetian Pool, Miracle Mile and the Douglas Entrance are among the Gables' other landmarks.
Vizcaya Museum and Gardens (1916) is a 28-acre National Historic Landmark in Coconut Grove.
CocoWalk and Mayfair hold the Grove's shops and restaurants at the village center.
Virginia Key, on the way to Key Biscayne, is one of Miami's waterfront parks.

Getting around

Coral Gables is about 7 miles southwest of downtown Miami and about 4 miles from Miami International Airport.
A free trolley runs on Ponce de Leon Boulevard, and Metrorail's University station serves the University of Miami's 240-acre campus.
The Rickenbacker Causeway starts at SW 26th Road in Brickell, just north of the Grove, and leads to Virginia Key and Key Biscayne.

09 The payment

What's a comfortable monthly payment for you?

Start with the payment that feels right, or with a home price, and see the whole picture: principal and interest, property taxes, insurance, mortgage insurance and HOA dues. Then see how a builder's rate buydown changes the first years.

Monthly payment you're comfortable with

$

Loan type

Down payment

Interest rate

%

Loan term

Rate starts at the Freddie Mac weekly average for a 30-year fixed loan, 7.32% (15-year: 6.68%), as of October 22, 2026. It's a reference point, not a quote. Change it to anything you like.

Taxes, insurance and HOA

Property tax, % of price a year

%

Home insurance, per year

$

HOA and CDD, per month

$

Mortgage insurance, % a year

%

Starting values: a property tax of 1.7% of the price, a planning figure from Miami-Dade's 2025 total millage of about 15.5 to 22.4 mills after the homestead exemption; Homestead and Florida City run near 21 (Miami-Dade Property Appraiser, tax year 2025). Home insurance of $4,200 a year, near Citizens' 2026 approved Miami-Dade average for a homeowners policy ($4,116) and adjusted for new construction built to the High-Velocity Hurricane Zone code. HOA and CDD of $250 a month, near the middle of published Miami-Dade new-community fees. Private mortgage insurance usually runs $30 to $70 a month per $100,000 borrowed (Freddie Mac), so 0.60% sits in the middle. FHA uses 0.55% a year plus a 1.75% upfront premium (HUD). Flood insurance is extra where a lender requires it.

Homes up to about

$0

How a builder buydown works

Lower payments in the first years

With a temporary buydown, the builder pays money up front so your rate starts lower and steps up to the full rate. A 2-1 buydown starts two points lower in year one and one point lower in year two. A 1-0 buydown is one point lower for the first year. Here's what it does on the loan above.

Year	Rate	Principal and interest

Payment options

Ways to buy at this price

The same home, four ways to finance it. More down means a smaller loan and, at 20%, no private mortgage insurance. Pre-construction residences usually close with a conventional or cash purchase once the building is complete.

Option	Down payment	Est. monthly

For illustration only. These are estimates from the numbers you enter, not a loan estimate, a quote, an advertisement of credit terms or an offer to lend. Your rate, APR and payment depend on your credit, loan program, down payment, lender fees and the property, and taxes, insurance, flood coverage, HOA dues and CDD assessments vary by home, building and county. The Wulf Collaboration and Compass are not lenders. Talk with a licensed lender before you decide.

Before you visit a model or a sales gallery

The builder's team works for the builder

The sales team in the model home or the sales gallery is great at what they do, and their job is to sell the builder's homes or the developer's residences. Having your own agent costs you nothing extra in most cases, and it puts someone on your side for the decisions that matter most.

Tell me before your first visit.

Most builders and developers need your agent with you, or registered, at your first visit. If you walk in on your own first, it can be hard to bring an agent in later. A quick text to 954-495-0767 before you go is all it takes.

Register you at the first visit
I set up the appointment, come with you, and make sure you're on record as my client.
Compare communities, homesites and floors
Lake and preserve premiums, which way the home or residence faces, what's planned next door, HOA and CDD fees and what they cover.
Work the builder's offer
Closing cost help, design credits, rate buydowns and deposit terms. I know what each builder and developer is offering this month and what's worth asking for.
Review the purchase agreement
Builder and developer contracts are written by the seller. We go through deposits and escrow, timelines, the 15-day review on a new condominium, and what happens if dates move.
Inspect during construction
An independent inspector before drywall and again before closing, so problems get fixed while they're easy to fix.
Walk the punch list with you
The final walkthrough, then the warranty list before your first year is up.

Finding the right deal in new construction

I know every building, and I start with what you want

Over the years I've helped a lot of clients find the right deal in new construction, and it rarely looks like the number on the banner. On a recent new development deal, we negotiated pre-construction pricing for my clients: the developer's earliest price, before the increases that usually follow as a building sells and rises. That's what knowing every building gets you. I know which developer is opening a new release, which floors and views are still available, what the deposit schedule asks of you and where there's room to negotiate. It starts with your needs and wants: the view, the floor plan, the amenities, the timeline and the budget. Then I match them to the building or the community that fits and work the terms, price, deposits, credits and closing costs, so the deal fits your life. More than 350 homes and $120 million in sales later, that's still how I work.

Your needs and wants: View, floor plan, amenities, timeline, budget
The right building: Every tower and community, side by side
Pre-construction pricing: The developer's earliest price
The terms: Deposits, credits, rate and closing costs

How I work a builder's or developer's offer, not a promise of a specific result. Every buyer's situation, program eligibility and builder or developer offer is different.

Other places to start

Fort Lauderdale Brickell Downtown Miami and Edgewater Wynwood, Midtown and the Design District Miami Beach Sunny Isles and Aventura Hallandale Beach Hollywood and Dania Beach Pompano Beach Boca Raton Delray Beach West Palm Beach and Palm Beach Weston and West Broward Wellington and Westlake Homestead All of South Florida

Coral Gables and Coconut Grove

Two to start with in Coral Gables and Coconut Grove

CANOPY Coconut Grove

Seventeen Gables

Getting to know Coral Gables and Coconut Grove

Where Coral Gables and Coconut Grove are building

Coral Gables

Coconut Grove

Key Biscayne

Every new development in Coral Gables and Coconut Grove

What builders in Coral Gables and Coconut Grove are offering

Search new homes in and around Coral Gables and Coconut Grove

Coral Gables and Coconut Grove communities in this guide

Seventeen Gables

CORA Merrick Park

Alhambra Parc

Cassia Residences at Coral Gables

OPUS Coconut Grove

CANOPY Coconut Grove

The Village at Coral Gables

Arbor Coconut Grove

Four Seasons Private Residences Coconut Grove

The Lincoln Coconut Grove

The Well Coconut Grove

Ziggurat

Ponce Park Coral Gables

The George

Ponce 8

One&Only Residences Key Biscayne

Wave House

Living in Coral Gables and Coconut Grove

Landmarks and parks

Getting around

What's a comfortable monthly payment for you?

Lower payments in the first years

Ways to buy at this price

The builder's team works for the builder

Register you at the first visit

Compare communities, homesites and floors

Work the builder's offer

Review the purchase agreement

Inspect during construction

Walk the punch list with you

I know every building, and I start with what you want

Tell me what you are looking for

Got it

See it in person, with me