The George Residences Location & Neighborhood
717 Valencia Avenue, Coral Gables, FL 33134
The Neighborhood
What's within reach.
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Biltmore Hotel & Golf Course Historic landmark0.2 mi
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Miracle Mile Coral Gables shopping & dining0.5 mi
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Venetian Pool Historic landmark0.4 mi
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Downtown Coral Gables City core0.5 mi
Life at The George Residences
Coral Gables — 'The City Beautiful' — was master-planned by George Merrick in the 1920s with Mediterranean Revival architecture and tree-lined streets that remain largely preserved today. The George sits in Biltmore Square, steps from the historic Biltmore Hotel and walking distance to Downtown Coral Gables' Miracle Mile.
Biltmore Square Finale
The George is the final residential development in MG Developer's Biltmore Square community — the culmination of a multi-phase vision to bring new architecture to one of South Florida's most established neighborhoods.
Ryan Serhant Sales
Sales and marketing led exclusively by Ryan Serhant (CEO of SERHANT.) and Jorge Fernandez of SERHANT. New Development. Serhant called it 'the final jewel in the Biltmore Square legacy.'
Biltmore Hotel Proximity
Steps from the historic Biltmore Hotel and Golf Course — one of South Florida's most iconic luxury landmarks.
Honoring George Merrick
The George is named in honor of George Merrick, founder of Coral Gables. Architecture pays homage to his Mediterranean Revival vision with contemporary refinement.
Coral Gables Walkability
Steps from Downtown Coral Gables' fine dining, boutiques, cultural landmarks, the Venetian Pool, and Miracle Mile.
The George Residences Investment & Market Outlook
Why Coral Gables Pre-Construction Outperforms
South Florida pre-construction has historically delivered double-digit appreciation between contract and delivery, especially in branded residences. Coral Gables specifically has seen sustained demand from international buyers seeking US dollar-denominated real estate, tax advantages from Florida's no-income-tax structure, and currency hedging against home-market inflation.
Branded residences like The George Residences typically command 25–35% price premiums over comparable non-branded inventory in the same submarket, and resale price retention has consistently outpaced the broader Miami condo index over the past decade.
Friends & Family Pricing
As pre-construction specialists with direct developer relationships, we offer qualified buyers access to friends-and-family pricing — typically 4–8% below current public release pricing — along with extended deposit schedules, custom unit selection, and priority on the most desirable exposures and floors.
Deposit Structure
Standard Coral Gables pre-construction deposit structures range from 20% at contract to 50% by delivery, with milestone payments at groundbreaking, top-off, and certificate of occupancy. The George Residences follows the Coral Gables market standard. Our team can walk you through the full deposit schedule and any current developer incentives reducing the at-contract deposit requirement.
How to Reserve a Residence at The George Residences
Pre-construction purchases follow a different path than resale transactions. Here's what to expect, step by step.
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01
Initial Consultation
We start with a 30-minute call to understand your goals — primary residence, investment, legacy asset — and walk you through current availability, pricing tiers, and the floor plans best suited to your needs.
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02
Floor Plan Selection & Reservation
Once you've narrowed your selection, a refundable reservation deposit (typically $25,000–$100,000) holds your residence for 14–30 days while contracts are prepared. You'll receive the full developer reservation package and the most current pricing for your specific unit.
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Contract & First Deposit
The purchase contract is executed with the developer, and the first deposit (typically 10–20% of the purchase price) is wired to the developer's escrow account at a Florida-licensed institution. All funds are protected under Florida pre-construction escrow law until milestones are reached.
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04
Construction Milestones
Subsequent deposits are released as construction reaches defined milestones — typically groundbreaking, top-off, and certificate of occupancy. You'll receive quarterly construction updates, photo documentation, and the option to tour the unit once interiors are roughed in.
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05
Closing & Delivery
At closing, the final balance is funded (cash or financing via approved lenders), title transfers, and you receive keys. Closing typically occurs 30–60 days after the developer issues the certificate of occupancy. Move-in coordination, designer access, and Mercedes-Benz/Bentley/Armani concierge enrollment all happen at this stage.
The George Residences FAQs
Answers to the most common questions about The George Residences pricing, amenities, and policies. For anything else, our team is here to help.
How much do The George Residences cost?
The George Residences pricing starts at $6.275 million for 5,000+ sq ft townhomes. Larger configurations and corner residences reach $7.5M-$8.5M+. This positions The George among South Florida's most exclusive offerings.
Who is developing The George?
MG Developer (founded 2014 by Alirio Torrealba) is the developer. The firm is Miami-headquartered with deep Coral Gables expertise — they're also responsible for The Village at Coral Gables, Althea Row, Biltmore Row, and Biltmore Parc.
Who designed The George?
Architecture by Maria de la Guardia of De La Guardia Victoria Architects & Urbanists (Coral Gables-based firm). Interiors by Nina Takesh. Sales by Ryan Serhant of SERHANT.
When will The George be completed?
Groundbreaking was October 2025. Construction is anticipated to complete in Q2 2027.
How many residences are at The George?
13 ultra-luxury townhomes — a truly boutique scale. Each three-story townhome spans over 5,000 square feet of refined living space.
What's included in each townhome?
Custom Italian millwork, marble finishes, Sub-Zero and Wolf appliances, soaring 12-foot ceilings, expansive courtyards, loggias, summer kitchens, private elevators, 4-car garages with EV chargers, and full smart-home technology integration.
Are these single-family homes or condos?
The George Residences are townhomes — structured as fee-simple ownership of three-story homes with private elevators, garages, and outdoor space. Not traditional condos.
What is Biltmore Square?
Biltmore Square is MG Developer's master-planned multi-phase community adjacent to the historic Biltmore Hotel in Coral Gables. The George is the final residential piece of this community.
