Villa Valencia, a distinguished collection of only 39 luxury condominiums contributing to Coral Gables' skyline transformation with more luxury residential offerings, is now completed.
Location Ventures, a Miami-based real estate investment firm with a portfolio of residential and mixed-use projects throughout South Florida, envisioned and developed Villa Valencia. The firm announced the completion of the luxury project today following record-breaking sales. The project also received its Temporary Certificate of Occupancy (TCO) from Miami-Dade County.
Villa Valencia is the first U.S. condominium development to integrate the revolutionary Delos’ DARWIN™ Home Wellness Intelligence network. General contractor Winmar Construction was in charge of building the structure. Closings are currently occurring, and residents have begun to move in.
Villa Valencia, which ONE Sotheby's International Realty exclusively represents, is currently 95 percent sold. The property's inventory is limited, including a $14.9 million upper penthouse, the most expensive listing in the submarket. The building has set an unrivaled new standard for luxury condominium living in "The City Beautiful" throughout its sales process, currently holding the record for the condo with the highest price-per-square-foot ever sold in the area at $1,100 per square foot.
The project is built around three pillars: nature, technology, and wellness, to promote optimal living unlike any other. The development has integrated Delos' pioneering DARWIN Home Wellness Intelligence network within residences and common areas. This unique system is the world's first platform for improving human health, well-being, sleep, and performance through monitoring and calibrating air, light, and water quality. It uses innovation to bring the best of organic outdoor conditions inside, aligning technology with nature's intent.
"Not only is this a pivotal moment for Location Ventures and Coral Gables, but also for wellness real estate," said Rishi Kapoor, CEO of Location Ventures. "Villa Valencia showcases the ongoing demand for health-centric amenities and well-designed spaces that mirror those of nearby estates. Located in a desirable, growing Miami suburb, it is a testament that high quality and timeless elegance in a legacy offering is in great demand."
Villa Valencia's amenity program leaves no stone unturned in its pursuit of wellness. The structure includes a hammam, steam room, his-and-her saunas, hydrotherapy plunge pools, and a cutting-edge fitness center with yoga, Pilates, and weight training. A 78-foot resort-style pool with a lap lane and waterfall is complemented by two summer kitchens, spacious sunbeds, and resident-owned cabanas for outdoor enjoyment.
The condominium recently debuted Elevate Wellness, a customized wellness program that offers spa and wellness services tailored to the needs of residents. Closet organization, physician-led health evaluations, acupuncture for humans and canines, dietician-led consultations, and other services are available. The project will also include a 9,000-square-foot public park with lush landscaping, which will add to Coral Gables' green spaces.
Villa Valencia's architectural DNA is a modern interpretation of Coral Gables' signature Mediterranean architecture style, with modern tropical interiors. Each residence has a private elevator entrance and high-end finishes like European flooring, exterior sliding doors, and finished custom closets. The kitchens feature cutting-edge Subzero and Wolf appliances, a wine cooler, custom cabinetry, and quartz countertops. Each living space is complemented by expansive outdoor terraces that offer some of the best views.
"We are proud to be a part of Villa Valencia's journey from conception to completion," said Daniel de la Vega, President, ONE Sotheby's International Realty. "Location Ventures set out to deliver one of the most iconic buildings in the city, and that is exactly what they did. Villa Valencia is a market maker in a category of its own. With over $100 million sold to date, this is an unprecedented moment for our teams and the incredible city of Coral Gables. We are truly privileged to have achieved this milestone together."
Villa Valencia's prime location provides residents with direct access to Miami International Airport and is just blocks away from Miracle Mile, a local mecca for dining, shopping, art, and cultural entertainment. The Greater Miami Area is a rapidly expanding economic hub, with Coral Gables housing 20 consulates and 140 multinational corporations. Major metro necessities include "Class A" office space, top private and public schools and universities, country clubs, golf courses, and museums within minutes of the desired address.
Villa Valencia is located at 515 Valencia Avenue. For more information visit the website.
Photography by: Courtesy Location Ventures