Categories: Florida Business News

Cassia Condos Launches Construction in Coral Gables

News Summary

Alta Developers has commenced construction on the Cassia condominium project in Coral Gables, promising luxury living with stunning design and top-notch amenities. Designed by Behar Font & Partners, this 12-story building features 174 fully furnished condos with prices starting at $700,000, and over 50% have already been pre-sold. Emphasizing a balanced lifestyle, residents will enjoy lavish amenities including a pool deck, fitness center, and more. The project is expected to be completed by February 2027, marking a significant addition to the Coral Gables skyline.

Cassia Condos Making Waves in Coral Gables

Coral Gables is buzzing with excitement as Alta Developers, under the leadership of CEO Raimundo Onetto, has officially kicked off construction on the much-anticipated Cassia condominium project. This fabulous new development is set to redefine luxury living in the area, with its prime location and stunning design sure to attract a wide range of buyers.

Turning Dreams into Reality

Setting a firm foundation for dreams, Alta Developers snagged this prime property back in 2020 from Baptist Health South Florida for a cool $17.45 million. Nestled on a peaceful 1.41-acre site at 4011 Salzedo Street, Cassia is more than just a building; it’s a vision of luxurious living harmonized with nature’s beauty.

The Details You’ll Love

Cassia will boast 174 fully furnished condos, with unit sizes ranging from cozy 662 to 1,461 square feet. Priced starting at $700,000, these condos are designed with elegance and comfort in mind, featuring chic interiors curated by Restoration Hardware. Even better news? Over 50% of these beauties have already been pre-sold, signaling a strong interest from savvy buyers.

Breaking New Ground

This 12-story spectacular is being constructed by Doral-based Jaxi Builders, and residents can expect to start calling their new condos home by the end of February 2027. The construction timeline is designed to be efficient, ensuring that this impressive project rises quickly into the Coral Gables skyline.

More Than Just a Home

Living at Cassia isn’t just about having a roof over your head; it’s about embracing a lifestyle filled with fantastic amenities. The project will feature a lavish pool deck, an indoor pool, steam room, sauna, treatment room, and a state-of-the-art fitness center. Residents can also enjoy barbecues and utilize a business center for work and meetings, creating a perfect blend of relaxation and productivity.

Architectural Brilliance

The architectural prowess behind Cassia is credited to Behar Font & Partners, who have brought a vision that pays homage to Coral Gables’ beloved “Garden City Vision.” This design boasts lush landscaping and green spaces that beautifully reflect the vibrant life of the area.

The Smart Investment

For those eyeing investment possibilities, this development offers the exciting option of short-term rentals. Such flexibility is expected to attract investors interested in capitalizing on home-sharing platforms and the booming hospitality market. Just remember, while short-term rental management might come with higher costs than traditional leases, the potential returns can be well worth it!

A Hub for Travelers

Cassia’s design and amenities appeal to frequent travelers and seasonal residents, making it an ideal choice for those seeking a turnkey living experience with flexible rental policies. In early 2024, Alta Developers secured a $6.76 million loan from Amerant Bank, paving the way for this extraordinary project.

Come and See for Yourself!

If you’re intrigued, the sales center for Cassia is conveniently located at 4201 S LeJeune, right at the crossroads of Altara Avenue. Visit and take a closer look at what could be your future home in the lively Coral Gables community.

The Buzz is Real

As the construction progresses, the buzz surrounding Cassia is palpable, showcasing a strong market interest in this unique living offering. From its prime location to its amazing amenities, Cassia is set to be a jewel in Coral Gables’ sparkling crown, and you won’t want to miss out!

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