Seventeen Gables: Coral Gables’ New Boutique Luxury Residence

A new chapter in luxury living is beginning in the heart of Coral Gables. Construction is now underway on Seventeen Gables, a boutique condominium development that promises to bring a more intimate and refined residential experience to one of South Florida’s most desirable neighborhoods. After breaking ground in the spring of 2026 following a $60 million construction loan, the project is expected to be completed in the fourth quarter of 2027. While the building is still taking shape, it is already attracting attention for its boutique scale, thoughtful design, and sought-after Coral Gables location. Rather than another high-rise tower, Seventeen Gables offers a more exclusive approach to luxury living, one that future residents will experience from the moment the doors open.

Seventeen Gables is a collection of boutique luxury residences set within an elegant eight-story tower, offering uninterrupted views that stretch from Coral Gables’ lush tree canopy to the Miami skyline. The project combines a relaxed, upscale lifestyle with a peaceful, walkable setting just minutes from both Miracle Mile and Brickell’s vibrant center of business, culture, dining, and entertainment.

Behind the development is a team that brings together New York real estate experience and institutional investment expertise. The project is led by Mayer Berkovits, founder of BAM Property Development, in partnership with Ascendra Capital, a collaboration the developers describe as bringing a “Miami Development, Manhattan Approach.” Berkovits’ portfolio includes nearly 5,000 multifamily units nationwide, while Ascendra contributes the financial and strategic experience needed to bring the project from launch to construction with remarkable efficiency.

Upon completion, Seventeen Gables will rise eight stories and is expected to become one of the tallest residential buildings in East Gables. The development will feature 120 residences ranging from one to three bedrooms, including several den configurations. Its architecture draws inspiration from the timeless character of Coral Gables while incorporating contemporary floor plans and finishes. Architecture and engineering firm Caymares Martin A&E Design, together with interior design studio Asprea Studio, have carefully balanced classic elegance with modern functionality throughout the project.

Located along Douglas Road in East Gables, Seventeen Gables places residents within walking distance of Miracle Mile while remaining just minutes from the Brickell and Downtown Miami corridor. The location offers the best of both worlds, a peaceful residential atmosphere with effortless access to the city’s business, cultural, and culinary destinations. The surrounding neighborhood is home to major employers including Apple, FIFA, Amazon, and Bacardi, along with highly rated schools, hospitals, banks, and cultural landmarks such as the Coral Gables Museum and the iconic Biltmore Hotel. For future residents, that means everyday conveniences, career opportunities, and weekend experiences can all be enjoyed within a short walk or drive without sacrificing the neighborhood’s distinctive charm.

Once complete, residents will enjoy a thoughtfully designed collection of amenities, including an elegant lobby, resort-style pool deck, resident lounge, and amenity kitchen. Additional reports on the development also highlight plans for a fitness center, sauna, co-working spaces, assigned parking, and approximately 2,000 square feet of ground-floor retail, creating a well-rounded lifestyle experience that extends beyond each residence.

Seventeen Gables offers a variety of floor plans designed to accommodate different lifestyles. One-bedroom residences will range from approximately 557 to 720 square feet, while one-bedroom-plus-den layouts will offer between 755 and 860 square feet. Two-bedroom residences will span roughly 810 to 1,080 square feet, including den configurations, and the largest home, a three-bedroom, two-and-a-half-bath residence, will encompass approximately 1,428 square feet. Pricing is expected to begin in the mid-$600,000s, with many residences remaining below the $1 million mark. This pricing strategy positions Seventeen Gables as an attractive option for buyers seeking long-term value in Coral Gables without entering the ultra-luxury segment, a notable distinction in a market where many new developments command significantly higher prices.

With construction underway and sales continuing, Seventeen Gables represents a thoughtful addition to Coral Gables’ evolving residential landscape. Rather than competing through scale alone, the project distinguishes itself through its boutique character, carefully considered design, and highly walkable location. Jesse Ottley, President of Development Sales for Cervera Real Estate, the project’s exclusive sales and marketing broker, has noted that construction progressing alongside the sales launch reflects the development team’s confidence in the project.

If construction remains on schedule, the first residents are expected to move into their new homes in late 2027, adding a new boutique address to one of Miami’s most established and desirable neighborhoods. Contact us today to learn more about this and other new construction projects in Miami.

Unlike many high-rise developments, Seventeen Gables offers a boutique residential experience with only 120 homes, contemporary design, and a prime Coral Gables location.

Seventeen Gables is located at 1715 Douglas Road in East Coral Gables, just minutes from Miracle Mile, Brickell, and Downtown Miami.

Seventeen Gables is expected to be completed in the fourth quarter of 2027, with construction already underway following its 2026 groundbreaking.