The Village at Coral Gables Location & Neighborhood
535 Santander Avenue, Coral Gables, FL 33134
The Neighborhood
What's within reach.
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Miracle Mile Walking distance0.4 mi
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Riviera Country Club Short walk0.3 mi
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Biltmore Hotel Walking distance0.4 mi
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Coral Gables business district Steps away0.2 mi
Life at The Village at Coral Gables
Coral Gables was master-planned by George Merrick in the 1920s with a vision of European-inspired villages — the original plan called for seven distinct neighborhoods, each with its own architectural style. The Village at Coral Gables revives this concept on a contemporary scale.
George Merrick's Vision Revived
Inspired by George Merrick's original 1920s plan for seven distinct Coral Gables villages — each with its own architectural style. The Village is the modern realization of this concept.
Spanish Colonial Architecture
19th century Seville-inspired Spanish Colonial aesthetic with Mediterranean Revival details, gardens, courtyards, and fountains modeled after Plaza de España.
Record-Breaking Pricing
Villa 4 sold for $4.8M at $1,675 per square foot — setting the record for highest price per square foot for new construction in Coral Gables.
Four Residence Collections
The Village offers four collections: Flats (24), Townhomes (16, three-story), Lofts (4, three-story), and Villas (4, two-story) — providing diverse living configurations.
Wellness Clubhouse
Nearly 4,000 sq ft wellness clubhouse with plunge pool, fitness wing, library, lounge, and conference center — shared by all Village residents.
The Village at Coral Gables 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 Village at Coral Gables 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 Village at Coral Gables 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 Village at Coral Gables
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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03
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 Village at Coral Gables FAQs
Answers to the most common questions about The Village at Coral Gables pricing, amenities, and policies. For anything else, our team is here to help.
How much do The Village at Coral Gables residences cost?
The Village pricing starts at approximately $2.1 million. Townhomes from $2.65M, larger 4-bedroom townhomes from $3.5M, and the record-breaking Villa 4 sold for $4.8M ($1,675 psf).
What types of residences are in The Village?
48 residences across four collections: 24 Flats (2-bedroom + study, ~1,750 sq ft), 16 Townhomes (three-story, 2,400-3,100 sq ft), 4 Lofts (three-story), and 4 Villas (two-story, ~3,000 sq ft).
Who is developing The Village?
MG Developer (founded 2014 by Alirio Torrealba). Also developing The George Residences in Biltmore Square. MG is Coral Gables-headquartered with deep local expertise.
Who designed The Village?
Architecture by De La Guardia Victoria Architects & Urbanists — the Coral Gables-based firm led by Maria de la Guardia. Same firm also designed The George Residences.
When was The Village completed?
Groundbreaking was September 2023. First residences began delivering in 2025 with ongoing completion throughout 2025-2026.
What is the record-breaking sale?
Villa 4 — a corner residence on Santander Avenue — sold for $4.8 million at $1,675 per square foot, setting the record for highest price per square foot for new construction in Coral Gables.
What's included in each residence?
Italian cabinetry, skylights, recirculating hot water systems, integrated smart home technology, energy-efficient appliances. Mediterranean Revival exterior with private courtyards, gardens, and fountains.
What is the wellness clubhouse?
A nearly 4,000 sq ft wellness clubhouse shared by all Village residents — includes plunge pool, fitness wing, library, lounge, conference center, and tropical/Mediterranean color palette interior.
