Following record sales and being recognized as the first condominium development in the United States to integrate Delos’ groundbreaking DARWIN™ Home Wellness Intelligence Network, Location Ventures has received its TCO for Villa Valencia. The now completed luxury condominium building in downtown Coral Gables offers a collection of 39 luxury condominiums that are currently 95% sold. The building was constructed by general contractor Winmar Construction. Closures are currently underway and residents have begun to occupy their residences.
Villa Valencia has a limited amount of remaining inventory, including a $14.9 million top penthouse that is also the most expensive listing in the submarket. Throughout its sale process, the building has set an unparalleled new standard for luxury condominium living in “The City Beautiful”, currently holding the record for the condo with the highest price per square foot ever sold in the city. area at $1,100 per square foot.
Villa Valencia is centered on three pillars, nature, technology and well-being, to promote an optimal life like no other. At its coveted address, 515 Valencia Avenue, the development has integrated Delos’ pioneering DARWIN Home Wellness Intelligence network into the residences, as well as common areas. This proprietary system is the world’s first platform to improve human health, well-being, sleep and performance by monitoring and calibrating air, light and water quality. It aligns technology with nature’s intent using innovation to bring the best of organic outdoor conditions, indoors.
“This is not only a pivotal moment for Location Ventures and Coral Gables, but also for wellness real estate,” said Rishi Kapoor, CEO of Location Ventures. “Villa Valencia presents the continued demand for health-oriented amenities and well-designed spaces that mirror those of neighboring estates. Located in a desirable and growing suburb of Miami, this is proof that the high quality and timeless elegance of a legacy offering is in high demand.
With wellness as its centerpiece, Villa Valencia’s amenity program leaves nothing to chance. The building is complete with a steam room, steam room, his and hers saunas, hydrotherapy pools, as well as a state-of-the-art fitness center with yoga, Pilates, and weight training. For outdoor enjoyment, a 78-foot resort-style pool with a lap lane and waterfall is complemented by two summer kitchens, spacious loungers, and resident-owned cabanas.
More recently, Villa Valencia launched Elevate Wellness, a bespoke wellness program that features spa and wellness services tailored to residents’ needs. This includes closet organization, doctor-led health assessments, acupuncture for humans and dogs, dietitian-led consultations, and more. The project will also include an adjoining 9,000 square foot public park with lush landscaping, contributing to the green spaces of Coral Gables.
The architectural DNA of Villa Valencia is a new interpretation of the Mediterranean architectural style characteristic of Coral Gables, combined with modern tropical interiors. Each residence has a private elevator and superior finishes such as European floors, exterior sliding doors and custom finished closets. The kitchens are equipped with state-of-the-art Subzero and Wolf appliances, a wine cooler, custom cabinetry and quartz countertops. Large outdoor terraces accompany each living space.
“We are proud to be part of Villa Valencia’s journey from conception to completion,” said Daniel de la Vega, President of ONE Sotheby’s International Realty. “Location Ventures set out to deliver one of the city’s most iconic buildings, and they did just that. Villa Valencia is a market maker in a class of its own. With over $100 million sold to date, this is an unprecedented time for our teams and the incredible city of Coral Gables. We are truly privileged to have taken this step together.