Villa Valencia in Miami Today
June 17, 2021.
From the article:
While the market is currently booming, Charlette Seidel, managing broker at Coldwell Banker’s Coral Gables office, said she most admired Rishi Kapoor, owner of Location Ventures, for developing the luxury condominium project Villa Valencia at a time when few such buildings were built in Coral Gables.
“He started his project two years ago when there was a condo glut in Miami,” she said. “Few new condos were being built, and certainly not luxury. He chose a central location in the Gables, not waterfront nor golf course. It was a risk, but he believed in the city and in condominiums”
“Coral Gables is close to home, it’s a neighborhood I’ve been around for 20 years,” said Mr. Kapoor, a graduate of the city’s University of Miami.
Villa Valencia, he said, is “Condo living without compromise” aimed at buyers who may be “rightsizing.” The location at 515 Valencia Ave., he said, puts residents including new empty nesters in the middle of an urban yet walkable community close to Miracle Mile.
The project, he said, broke ground in 2019 and will be delivered later this year. It’s already over 50% sold, he continue, with the average price being $1,000 per square foot.
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A sense of place. An air of history. A feeling of belonging. No other residential experience in South Florida provides all of this quite like Villa Valencia. In the heart of Coral Gables – a deeply rooted community of exceptional beauty and wonderful people – a unique lifestyle offering is taking shape.
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515 Valencia Ave, Coral Gables, FL 33134
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