Villa Valencia Breaks Record For Most Expensive Condo Sale
May 29, 2021.
Villa Valencia was recently featured in PROFILEmiami article, highlighting our record-breaking sale of Lower Penthouse South for $6.5 million. Making it the largest apartment unit sale in Coral Gables history.
More from the article:
Villa Valencia just completed the most expensive condo sale of all time in Coral Gables with Lower Penthouse South for $6.5 million. To date, the building has sold 50% percent of its inventory and earlier this year celebrated ‘topping off’ at 13 stories.
“Our goal is to deliver a landmark project to the area and this monumental sale makes it even more rewarding,” said Rishi Kapoor, CEO of Location Ventures, the developer behind the condominium. “It showcases how high-quality, wellness real estate is taking over.”
The sky estate encompasses half of the 12th floor, boasting 4,211 square feet of indoor space and an expansive 2,179-square-foot terrace with breathtaking views of the city, golf course and bay water horizon. Accessed directly via a personal elevator, the five-bedroom, five-and-a-half-bathroom residence includes custom millwork, a spacious media and entertainment room, grand master bedrooms and a large outdoor kitchen and wet bar complete with a private pool. Designed on the pillars of nature, technology and wellness, the home is integrated with Delos’ DARWIN™, a pioneering home intelligence system that delivers clean, fresh air, energizing light and pollutant-reduced water, creating an environment that brings the best of the outdoors, inside.
Each residence interior at Villa Valencia will showcase a private foyer and elevator entry, complete with superior finishes, including European flooring, 10-foot exterior sliding doors, and finished custom closets. Kitchens are equipped with state-of-the-art Subzero and Wolf appliances, a wine cooler, custom cabinetry and quartz countertops. On the outside, the façade features a modern take of Coral Gables’ signature Mediterranean architecture style, designed by Hamed Rodriguez Architects.
In the boutique building, residents can enjoy an amenity portfolio that leaves no stone unturned. The wellness program includes a hammam, steam room, his-and-her saunas, hydrotherapy plunge pools, alongside a state-of-the-art fitness facility with areas for yoga, Pilates and weight training. For outdoor enjoyment, a 78-foot resort-style pool with a lap lane and waterfall is complemented by two summer kitchens and spacious sunbeds for relaxation. A dinner party can be hosted in the Cucina, while a game night can take place in the lively entertainment room, followed by movies in the theater. An executive room with video conferencing allows professionals to work from home with ease. It overlooks the adjacent park, whose grassy field features a large sculpture and water features. Nearby a dog run is perfect for pet lovers.
For residents looking for additional private space, poolside cabanas and private garages are also available for purchase.
Located in the heart of the City Beautiful, the building has direct access to Miami International Airport and is blocks from Miracle Mile. The Greater Miami Area is a rapidly expanding economic hub, and Coral Gables alone is home to 20 consulates and 140 multinational corporations. It is an ideal community with “Class A” office space, top private and public schools and universities, country clubs, golf courses and world-class culture – all within steps to Villa Valencia.
Villa Valencia residences start from $2 million; limited residences remain.
Click HERE to read more from the PROFILEmiami article.