ADI ZILBERBERG | EXECUTIVE DIRECTOR OF LUXURY SALES





Alhambra Parc Coral Gables at 33 Alhambra Circle Coral Gables Florida 33134 delivers timeless Mediterranean elegance blended with contemporary sophistication in the heart of Miamis City Beautiful. This exclusive 9 story boutique tower developed by MG Developer and Vertical Developments features 78 meticulously crafted residences ranging from 858 to 2,801 sq ft with private elevators expansive terraces 10 ft ceilings and world class amenities positioning Alhambra Parc as Coral Gables luxury condos Alhambra Parc residences pre construction Mediterranean homes Miracle Mile boutique investment and sophisticated urban lifestyle opportunities.
Perfectly situated moments from Miracle Mile The Plaza Coral Gables Shops at Merrick Park and downtown Coral Gables Alhambra Parc combines historic architectural charm low density living (8 10 residences per floor maximum) and resort caliber programming with unmatched walkability to Miamis premier dining shopping and cultural epicenter. Pricing begins at 1M for 1BR 1.8M for 2BR 2.8M for 3BR with delivery Q4 2028 capturing Coral Gables 25 30% appreciation trajectory driven by constrained supply and affluent professional demand.
Project Overview and Developer Vision
Alhambra Parc represents MG Developer and Vertical Developments commitment to preserving Coral Gables iconic Mediterranean Revival heritage while introducing modern luxury engineering. Designed by Bellin Pratt & Fuentes Architects with interiors optimized for light flow and spatial drama the project creates an intimate residential enclave blending limestone facades wrought iron detailing red barrel tile accents and floor to ceiling contemporary glass technology. Only 78 residences across 9 stories ensure extraordinary privacy with residences occupying levels 4 through 9 above dedicated office and retail podiums.
The vision fuses Coral Gables timeless aesthetic with sophisticated urban living: 10 ft ceilings porcelain tile flooring premium Italian kitchen cabinetry quartz countertops luxury Sub Zero Wolf appliances Grohe fixtures spacious balconies terraces and penthouse rooftop entertaining realms. Ground floor activates with 18,000 sq ft retail and 13,000 sq ft office spaces plus paseos connecting to vibrant Alhambra Circle pedestrian realm.
Key Project Stats:
| Metric | Details |
|---|---|
| Total Residences | 78 luxury homes across 9 stories |
| Tower Height | 9 stories (8 10 units per residential floor) |
| Sizes | 858 2,801 sq ft interior + expansive terraces |
| Pricing | 1M 3.5M+ starting |
| Amenities | 25,000 sq ft amenities + 31K sq ft retail/office |
| Delivery | Q4 2028 |
Architecture and Design Excellence
Bellin Pratt & Fuentes crafts a Mediterranean masterpiece with textured limestone facades arched entryways wrought iron balconies and red barrel tile rooflines framing expansive floor to ceiling impact glass. Residences feature 10 ft ceilings 7 8 ft interior doors porcelain flooring throughout custom Italian millwork and smart home pre wiring. Penthouse terraces span up to 2,735 sq ft with dedicated outdoor dining summer kitchen areas and Coral Gables skyline panoramas.
Kitchens showcase premium Italian cabinetry quartz waterfall islands Sub Zero integrated refrigeration Wolf gas ranges convection ovens integrated dishwashers and built in wine storage. Primary baths feature Grohe fixtures custom glass enclosures dual vanities designer porcelain tile and spa inspired soaking tubs in select layouts. Every residence includes spacious balconies terraces framing cityscape park and Alhambra Circle views.
Residence Features Table:
| Feature | Specifications |
|---|---|
| Layouts | 1 3 bedrooms + penthouses |
| Ceilings | 10 ft throughout expansive spatial volumes |
| Windows | Floor to ceiling impact glass city views |
| Kitchens | Italian cabinetry Sub Zero Wolf quartz islands |
| Baths | Grohe fixtures spa tubs designer porcelain |
| Terraces | Expansive balconies penthouse rooftop realms |
Strategic Coral Gables Alhambra Circle Location
Positioned at 33 Alhambra Circle in Coral Gables geographic and cultural epicenter Alhambra Parc commands walking distance to Miracle Mile 160 shops boutiques restaurants The Plaza Coral Gables Shops at Merrick Park University of Miami and downtown civic institutions. Five minutes to Coconut Grove waterfront Biltmore Hotel Coral Gables Country Club and Matheson Hammock Park with Brickell Financial District 10 minutes away.
Location Advantages:
Views: Coral Gables banyan canopies Alhambra Circle skyline
Walk Score: Miracle Mile Plaza Merrick Park dining culture
Drive Times: Brickell 10 min Coconut Grove 5 min MIA 12 min
Transit: Metrorail US1 direct access Coral Gables trolley
This positioning drives 5 7% annual appreciation and 4 5% gross rental yields (1 long term lease per year permitted) from corporate executives physicians academics and seasonal professionals.
Comprehensive Residences and Unit Mix
The 78 residences thoughtfully balance 1BR pied à terres (858 1,200 sq ft) 2BR urban homes (1,500 2,000 sq ft) and spacious 3BR family residences (2,300 2,801 sq ft) all featuring corner positioning private elevator access oversized principal rooms and expansive outdoor terraces. Penthouse collection offers dramatic rooftop entertaining realms up to 2,735 sq ft with summer kitchen installations.
Unit Mix Breakdown:
| Type | Count | Size Range (sq ft) | Starting Price |
|---|---|---|---|
| 1BR Pied à Terre | 25 | 858 1,200 | 1M |
| 2BR Urban Homes | 35 | 1,500 2,000 | 1.8M |
| 3BR Family | 15 | 2,300 2,801 | 2.8M |
| Penthouses | 3 | 2,500+ terraces | 3.5M+ |
World Class Amenities and Services
Twenty five thousand square feet create Coral Gables most refined residential retreat: dual rooftop decks with resort style swimming pool spa cabanas childrens play area summer kitchen state of the art fitness center outdoor yoga garden Paraiso garden with Spanish style fountain pickleball court residents lounge business center 24/7 concierge and ground level private park. Additional 18,000 sq ft retail and 13,000 sq ft office spaces activate paseos and pedestrian realms.
Amenities Table (Rooftop Retreat):
| Amenity | Details |
|---|---|
| Pool Deck | Resort pool spa cabanas childrens play area |
| Fitness | State of the art gym yoga garden |
| Social | Summer kitchen residents lounge business ctr |
Amenities Table (Ground Level Lifestyle):
| Amenity | Details |
|---|---|
| Paraiso Gdn | Spanish fountain pet friendly private park |
| Retail | 18K sq ft fine dining luxury boutiques |
| Office | 13K sq ft executive spaces private elevators |
Pricing Deposits and Investment Potential
Pricing reflects Coral Gables boutique positioning: 1BR 1,400 psf 2BR 1,200 psf 3BR 1,100 psf. Deposits: 50K ERD 20% contract 10% groundbreaking Q2 2027 10% 50% construction 60% closing Q4 2028. Current sales 32% pre sold since Q2 2025 launch (25 units) with strongest demand for mid stack 2BRs averaging 1,350 psf realized pricing driven by local professionals and Latin American buyers.
Comparable Coral Gables boutique towers achieved 30% appreciation from pre construction to delivery. Alhambra Parc projects 35 40% total return by closing supported by zero competing supply MG Developer pedigree walkable lifestyle and controlled rental program yielding 4 5% gross stabilized returns.
Sales History Performance Metrics
| Period | Units Sold | Absorption Rate | Avg PSF Realized |
|---|---|---|---|
| Q2 Q3 2025 | 12 | 2/mo | 1,250 |
| Q4 2025 Q1 2026 | 13 | 2.2/mo | 1,400 |
| Projected 2027 | 28 | 2.3/mo | 1,650 |
Why Choose Alhambra Parc Coral Gables
MG Developer Vertical Developments boutique execution
Low density 78 homes maximum 9 stories
Alhambra Circle Miracle Mile epicenter walkability
Comprehensive 25K sq ft resort programming
Pre construction pricing in zero supply Coral Gables
Why Partner With Us for Alhambra Parc Coral Gables
As Coral Gables Alhambra Circle boutique specialists we secure priority corner residences confidential pricing and assignment opportunities before public release. Our white glove service spans reservations through closing rental strategy Miracle Mile lifestyle integration and strategic resale positioning to maximize your investment in Coral Gables most walkable Mediterranean address.
Preliminary details subject to change. Contact for current floor plans pricing sheets 3D renderings Bellin Pratt architecture and private sales presentation.
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