If you’ve ever felt Coral Gables was missing a condo that truly lives like an estate home, Ponce Park may be the project aiming to fill that gap. With just 58 residences, this boutique development introduces a level of scale, privacy, and architectural intent the neighborhood hasn’t seen before—pairing timeless neoclassical design with modern luxury in one of Miami’s most historic settings. This marks our 58th independent condo review, part of the research-driven framework our clients rely on to avoid costly missteps and secure homes aligned with both lifestyle and long-term value.
Architecture That Stands Apart
Ponce Park’s architecture is the defining element of the project, rooted firmly in classical design. The façade features Roman travertine stone, balanced proportions, and a steeple inspired by the iconic Biltmore Hotel. In a city dominated by sleek, modern glass towers, Ponce Park deliberately embraces Coral Gables’ architectural heritage. The result is a building designed to age gracefully and remain relevant for decades—not a glass box in the sky, but a future Coral Gables landmark that respects the city’s Mediterranean character and historic fabric.
Finishes That Rival a Custom Home
Interiors at Ponce Park are finished to a standard rarely seen in Miami condominiums. Italian travertine—sourced from the same quarry used for the Colosseum—sets the tone throughout. Kitchens are designed for serious cooking, featuring gas ranges (still a rarity in Miami condos), Sub-Zero appliances, dedicated wine refrigeration, and custom wet bars in every residence. Rounded architectural elements, tray ceilings, curved millwork, and even closet islands echo Coral Gables’ classical lines. Bathrooms are clad floor-to-ceiling in travertine, accented with fluted glass and Japanese toilets. Solid-core doors—often exceeding $3,500 per door—further reinforce a level of quality many developments overlook. The result is not a blank canvas requiring a designer, but a fully realized home delivered with intention.
Best Floor Plans at Ponce Park
Among the available layouts, three residences stand out for their scale, privacy, and livability.
Unit 405 | 2 Bedrooms + Den | ~2,000 SF
Unit 405 is a thoughtfully designed two-bedroom plus den residence spanning just under 2,000 square feet. A private elevator and foyer provide a discreet, residential arrival before opening into an expansive kitchen and living area. The space flows seamlessly onto a 300-square-foot terrace, creating a strong indoor–outdoor connection ideal for entertaining or relaxed evenings at home. Generously sized bedrooms and ample closet space ensure functionality is never sacrificed. Priced just over $3 million (approximately $1,500 per square foot), this residence is especially attractive to downsizers seeking simplicity without giving up space, privacy, or refinement.
04 Line Variation | 3 Bedrooms + Study + Wine Cellar | ~3,200 SF
The 04 Line offers more than 3,200 square feet of interior living space, combining three bedrooms with a study and a private wine cellar. As a corner residence, it benefits from expansive glass frontage that fills the home with natural light throughout the day. Two private terraces extend the living areas outdoors, while a dedicated office provides flexibility for work or study. Designed for both elegance and functionality, the layout excels for entertaining, with generous living and dining spaces that comfortably host guests. Priced around $5.3 million, or roughly $1,650 per square foot, this home truly lives like a “house in the sky,” delivering estate-level comfort with the ease of condominium living.
Penthouse 706 | Duplex | ~5,200 SF Interior + 500 SF Terrace
Penthouse 706 is the crown jewel of Ponce Park—a duplex residence offering over 5,200 square feet of interior space and an additional 500-square-foot private terrace. Spanning two levels, the home is defined by soaring ceilings and dramatic open volumes that create a sense of scale rarely found in condominium living. The design evokes the presence of a 10,000-square-foot estate, without the maintenance demands of a single-family home. Priced at approximately $9 million, or $1,725 per square foot, this penthouse is tailored for buyers seeking true estate-level living with the convenience, security, and service of a boutique condominium.
PREVIEW ALL THE PONCE PARK FLOOR PLANS
How Do the Prices Stack Up?
Pricing at Ponce Park begins at a blended average of approximately $1,675 per square foot. For context, new luxury condominiums in Miami Beach often trade between $4,000 and $5,000 per square foot, positioning Coral Gables as a relative value for buyers seeking high design and exclusivity. Within the building, residences range from just over $3 million for a 2,000-square-foot home (around $1,500 per square foot) to nearly $9 million for the 5,200-square-foot duplex penthouse (approximately $1,730 per square foot).
Within Coral Gables, Ponce Park clearly sits at the top of the market. While other new developments are well executed, they do not match this level of finish, architectural distinction, or walkability. As a result, most competing projects trade between $1,200 and $1,500 per square foot, without offering the same combination of scale, craftsmanship, and location.
Looking to neighboring Coconut Grove sharpens the comparison further. New projects there typically range from $1,600 to $1,800 per square foot, with waterfront developments pushing $2,400 to $3,600 per square foot. At roughly $1,675 per foot, Ponce Park effectively places Coral Gables in direct competition with Coconut Grove, delivering comparable finishes and lifestyle within a more classical, historically grounded setting.
On the resale side, Coral Gables condominiums generally trade closer to $1,000 per square foot, underscoring just how distinct this project is from the existing market. By contrast, Coconut Grove resale properties often command $2,400 to $3,600 per square foot, largely driven by waterfront positioning.
Taken together, Ponce Park’s pricing establishes it as both a premium offering within Coral Gables and a legitimate alternative to Coconut Grove—giving buyers access to legacy-level architecture and finishes at values that remain well below Miami Beach’s ultra-luxury tier
Who Is It For?
Ponce Park is designed for a highly specific buyer profile. For homeowners downsizing from large estates, it offers a rare blend of service, convenience, and lock-and-leave living—without sacrificing the sense of space and privacy they’re accustomed to. For end users, it stands apart from Miami’s sea of glass towers, favoring classical architecture and a boutique scale that feels intimate, residential, and enduring. And for buyers relocating from outside Miami, Ponce Park delivers an immediately familiar lifestyle—more akin to New York’s Upper East Side—with walkable streets, architectural continuity, and a community rooted in heritage and tradition.
Who Is It Not For?
Ponce Park is not designed for buyers seeking the typical glass-and-steel Miami high-rise experience. Those drawn to large towers with 200+ residences, lively pool decks, and a high-energy, social atmosphere will not find that environment here. It also won’t appeal to buyers prioritizing direct waterfront living, as Coral Gables condominiums rarely offer ocean access. And for those focused on ultra-modern minimalism or short-term speculative plays, Ponce Park’s classical design and end-user orientation may feel too permanent and too intentionally built for long-term ownership.
Why Coral Gables Is Different
Coral Gables is not Miami Beach or Brickell. It’s closer in spirit to New York’s Upper East Side—historic, prestigious, and built to endure. Strict architectural guidelines preserve this character, favoring Mediterranean and classical design over modern glass construction, and creating a streetscape that feels cohesive and intentional.
The lifestyle is quieter and more residential, with a strong sense of community, standing in contrast to the trend-driven energy of nearby Coconut Grove. Walkability is one of the neighborhood’s defining strengths: from Ponce Park, residents can easily walk to Miracle Mile, acclaimed restaurants and cafés, boutique fitness studios, and even a thoughtfully restored cultural park.
For buyers who value classical architecture, permanence, and understated elegance over ultra-modern minimalism, Coral Gables remains unmatched.
Final Thoughts
Ponce Park is not simply another Miami condominium—it is a legacy project that places Coral Gables firmly alongside Coconut Grove and Miami Beach in the luxury condo conversation. For buyers drawn to timeless design, boutique scale, and a walkable, residential lifestyle, it stands out as one of the most compelling offerings available today. To explore current availability, floor plans, and how Ponce Park fits within your broader Miami real estate strategy, we invite you to connect with us.
Connect with the David Siddons Group
Please contact me at 305.508.0899 if you want to know more about Ponce Park in Coral Gables or new construction condos in Miami. You can also schedule a meeting via the application below