New homes & pre-construction in Coral Gables
9 active developments in Coral Gables, Florida — get pricing, floor plans, and first access before the public.
9
Active developments
$553,000 – $3,100,000
Starting-price range
1 types
Home types
7
Active builders
Coral Gables currently has 8 new-construction developments listed on the platform, with starting prices that run from $553,000 to $3,100,000. The mix here leans heavily toward condominiums — 6 of the active projects are condo buildings — which reflects how new supply tends to arrive in an established, built-out city rather than through large tracts of single-family lots.
Several builders are active in the market at once. MG Developer, Roger Development Group, Constellation Group, Ascendra Capital, Alta Development, Allen Morris Company and Alta Developers each have projects moving through different stages. That range of developers means you can compare product types, unit sizes and price points across teams with different track records.
Sample projects give a sense of what's available: Alhambra Parc, Village Coral Gables, The Avenue Coral Gables, Cora Merrick Park, Seventeen Gables and Somi Walk. Because Coral Gables is a smaller, design-conscious city with limited developable land, new projects are usually mid-rise condos on infill sites rather than mass-scale communities, and that scarcity shapes both pricing and how quickly units sell.
condo
299 Minorca
Constellation Group, The Boschetti Group, and Vietmar
condo
Somi Walk
Alta Development
$553,000 – $2,000,000
condo
The Avenue Coral Gables
Roger Development Group
Builders active in Coral Gables
Buying new construction in Coral Gables
How buying pre-construction works in Coral Gables
Buying new construction in Coral Gables usually starts with registering interest in a project to get first access when units are released. From there you sign a purchase agreement and pay deposits in stages tied to construction milestones rather than all at once. Because most of the active inventory here is condominium, you'll typically go straight to a final closing once the building receives its certificate of occupancy, at which point the balance is due and your mortgage funds.
For new condominium purchases, Florida law provides a 15-day rescission period under FS 718.503, which applies to condos only. That means a buyer generally has 15 days after signing the contract and receiving the required condominium documents to cancel and recover their deposit. Confirm the exact timing and document delivery with your closing agent or attorney, since the clock is tied to when you receive the disclosures.
For investors: what matters in Coral Gables
Pre-construction buying lets you commit to a unit today through a staged deposit rather than paying the full price up front, so you control a specific unit over the construction timeline while your capital goes in over several milestones. That structure is the core mechanic to understand — you are securing a contract at today's agreed price, with the balance due at closing once the building is complete.
Before buying in Coral Gables, evaluate the things that actually drive outcomes in this kind of market: how many competing condo units are coming online and how fast they absorb, rental demand for the unit type and price band you're considering, the builder's history of delivering on time, and the deposit schedule and closing costs written into your contract. With starting prices spanning $553,000 to $3,100,000 across the active projects, the buyer profile varies widely by building, so match the product to a clear hold plan and run your own numbers on carrying costs, association fees and financing.
Coral Gables new-construction: common questions
What do new-construction homes cost in Coral Gables?
Starting prices across the 8 active developments range from $553,000 to $3,100,000. Where a given unit lands in that range depends heavily on the building, floor plan and size, so compare projects directly.
What types of new homes are available?
The current inventory is predominantly condominiums — 6 of the active projects are condo buildings. That reflects how new supply typically arrives in a built-out city like Coral Gables, usually as mid-rise infill rather than large single-family communities.
Which builders are active in Coral Gables?
Active builders on the platform include MG Developer, Roger Development Group, Constellation Group, Ascendra Capital, Alta Development, Allen Morris Company and Alta Developers. Having several developers working at once lets you compare product types and price points across different teams.
What are some of the current projects?
Sample projects include Alhambra Parc, Village Coral Gables, The Avenue Coral Gables, Cora Merrick Park, Seventeen Gables and Somi Walk. Availability and pricing vary by project and release phase.
New homes in nearby cities
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