Seventeen Gables is moving from sales-gallery mode into active construction in Coral Gables, adding a new condominium option to East Gables as the project’s developer team pushes toward a first-quarter 2028 delivery. The eight-story building at 1715 Douglas Road will include 117 residences, ground-floor retail and a mix of shared amenities.
Developed by BAM Developers and Ascendra Capital, the building is being marketed as a new-construction choice for buyers seeking one-, two- and three-bedroom residences in one of Miami-Dade County’s most established residential enclaves. Pricing starts from the mid-$600,000s, and the development team says construction began in April 2026 after the partners secured a $60 million construction loan earlier this year.
The project’s opening sales gallery at 120 Aragon Avenue also gives buyers a closer look at the design direction behind the condominium, which is being positioned around everyday livability rather than a pure trophy-home pitch. That includes co-working areas, a fitness center, a pool deck, a sauna and assigned parking, along with the ground-floor retail intended to activate the street level.
| Project Detail | Information |
|---|---|
| Project Name | Seventeen Gables |
| Address | 1715 Douglas Road, Coral Gables |
| Developer | BAM Developers and Ascendra Capital |
| Building Height | Eight stories |
| Residential Count | 117 condominiums |
| Unit Mix | One-, two- and three-bedroom residences |
| Pricing | From the mid-$600,000s |
| Construction Status | Under construction |
| Expected Delivery | First quarter of 2028 |
| Sales Gallery | 120 Aragon Avenue, Coral Gables |
| Sales and Marketing | Cervera Real Estate |
Construction underway in East Gables
Seventeen Gables is being built at the intersection of 17th Street and Douglas Road in East Gables, a section of Coral Gables that sits close to the city’s central commercial and dining corridors while still retaining a more residential feel than some of Miami’s denser urban neighborhoods. The project’s location is a key part of its sales story: buyers can reach Miracle Mile and nearby neighborhood destinations on foot, while also maintaining access to Brickell, Downtown Miami and Miami International Airport.
That combination of proximity and neighborhood character has long been one of Coral Gables’ real estate advantages. New condominium supply remains relatively limited compared with the pipeline in nearby Miami neighborhoods, which makes projects such as Seventeen Gables notable whenever they move into construction and active sales.
According to current project materials, the building is anticipated to be completed in the first quarter of 2028. The developer says construction started in April 2026, meaning the project is already moving beyond the conceptual stage and into the multi-year buildout typical of mid-rise condominium development in South Florida.
What buyers are getting at Seventeen Gables
The project will include 117 residences with one-, two- and three-bedroom floor plans. While the developer has not publicly released a full unit-by-unit inventory in the source materials reviewed for this article, the available information points to a broad mix aimed at end users who want a new-construction condominium in Coral Gables without entering the ultra-luxury price tier.
Pricing starts from the mid-$600,000s, according to the sales team. That entry point places Seventeen Gables below many of the larger waterfront and skyline-oriented condo projects that have dominated Miami-Dade headlines in recent years, while still offering a new building, modern finishes and a Coral Gables address.
The residences are being presented as practical as well as design-driven. The developer has emphasized open layouts, refined interiors and efficient use of space, with the sales gallery designed to help buyers understand how the finished homes will look and feel. The gallery includes a building model, a full-scale model kitchen and curated finish displays.
Design approach and interior concept
Interiors for Seventeen Gables are being handled by Asprea Studio, led by Karen Asprea. The design direction is described by the project team as a blend of New York refinement and Coral Gables’ Mediterranean character, using warm materials and contemporary detailing to reflect the neighborhood’s architectural identity while still keeping the interiors current.
The project’s renderings show a relatively restrained mid-rise profile, with a focus on clean lines rather than a highly sculptural tower form. That fits the broader urban fabric of East Gables, where many buildings are lower in scale than the high-rise developments common to Brickell or Miami Beach. The concept is intended to sit comfortably within the neighborhood rather than dominate it.
Renderings also indicate a landscaped amenity deck, a pool area and interiors that lean toward a light, neutral palette. For prospective buyers, the sales gallery functions as a key part of the marketing process, allowing the team to present the design language well before the building is complete. Visitors can learn more through the project’s official website, Seventeen Gables.
Amenities center on everyday use
Rather than focusing on an oversized amenity package, Seventeen Gables appears to be positioning its offerings around practical daily routines. Planned features include a resort-style swimming pool, a fitness center, sauna, resident lounge, integrated co-working spaces, assigned parking and ground-floor retail.
The amenity mix reflects the way many South Florida condo projects have evolved in recent years. Buyers increasingly expect spaces that support remote work, wellness and informal socializing, not just decorative common areas. The co-working component in particular is a response to changing lifestyle patterns that have influenced both condo design and sales strategy across the region.
Assigned parking is another notable feature, especially in a central Coral Gables location where automotive convenience still matters to many buyers. While walkability is part of the pitch, the project’s access to major roads makes parking a meaningful value point for residents who commute to other parts of Miami-Dade County.
Developer team and sales strategy
BAM Developers and Ascendra Capital are leading the project. BAM Developers is headed by founder and chief executive officer Mayer Berkovits, while David Steinberg serves as partner and chief investment officer of Ascendra Capital, according to the project materials. Cervera Real Estate is handling exclusive sales and marketing.
The development team’s financing milestone earlier this year helped move the project from pre-development into construction. Securing a construction loan is often one of the clearest signs that a condo project has crossed an important threshold, especially in a market where higher borrowing costs have challenged some new-development plans. In this case, the $60 million loan gave the sponsors the capital needed to begin work and continue sales with a concrete timeline in place.
The opening of the sales gallery in September 2026 added another indication that the project is being actively positioned for buyers rather than simply reserved as a future proposal. For developments in Coral Gables, a polished sales gallery is more than a marketing tool; it is often the place where prospective residents first see the design narrative and the level of finish the developer hopes to deliver.
Why Seventeen Gables matters in Coral Gables
Coral Gables is generally known for a more measured pace of development than some of Miami’s faster-changing neighborhoods. Zoning, neighborhood character and buyer expectations all tend to favor lower-density projects that fit the city’s established streetscapes. Seventeen Gables aligns with that pattern, bringing a new condominium option to East Gables without the scale of a large high-rise tower.
That matters because the city’s condo inventory is often dominated by older buildings or by product that sits at very high price points. New supply in the sub-$1 million range, particularly in a location as central as Douglas Road near Miracle Mile, is a narrower segment of the market. Projects that can thread that needle often attract attention from local buyers, downsizers and professionals who want newer construction in a more neighborhood-oriented setting.
The project also adds to a broader pattern seen across South Florida, where developers continue to pursue mid-rise and boutique-scale residential buildings in established urban and suburban districts. These projects can appeal to buyers who want new construction but do not want the scale, density or pricing of some of the region’s larger luxury towers.
Timeline and next steps
As of the latest project information, Seventeen Gables is under construction with completion targeted for the first quarter of 2028. The project’s timeline will likely remain a point of interest for buyers watching Coral Gables inventory as the building progresses from foundation and structure work to interiors, amenity buildout and finishing.
Prospective residents can review current availability and pricing through the sales team or the project website. As with most pre-construction condominiums, prices, floor plans and delivery timing remain subject to change as the project moves forward.
For readers following the development’s rollout, the original report from PROFILEmiami provides the most recent publicly available snapshot of the project’s status, while the official Seventeen Gables website offers direct sales information and additional marketing materials.
