Alhambra Parc Coral Gables

About the Project

Alhambra Parc marks a defining chapter in Coral Gables development — and a milestone for the team behind it. The project is the tenth luxury development delivered in Coral Gables by MG Developer, the firm founded in 2015 by Venezuelan-born entrepreneur Alirio Torrealba, who relocated to Miami in 2013 and swiftly built one of the city's most respected boutique residential portfolios. From the award-winning Beatrice Row to Biltmore Parc and Biltmore Row, MG Developer has consistently produced architecture rooted in craft, civic engagement, and a deep respect for Coral Gables' identity. Co-developed with Vertical Developments, led by Fernando de Nuñez — a former senior executive at ONE Sotheby's International Realty who oversaw a .5 billion portfolio and brings backing from VyV Grupo Inmobiliario, a Peruvian group with over 80 buildings internationally — Alhambra Parc brings together two development houses whose combined experience spans hundreds of projects and billions in transaction volume. Together, they represent a partnership calibrated for one of the most architecturally exacting cities in South Florida.

The building's name is not incidental. The Alhambra — the storied Moorish palace-fortress in Granada, Spain — is one of the most celebrated examples of Mediterranean architecture in history, renowned for its intricate geometric detailing, arched colonnades, reflecting pools, and the seamless integration of indoor and outdoor space. It is this tradition of refinement and craft that architects Bellin Pratt & Fuentes have channeled into every elevation of Alhambra Parc. The facade speaks a vocabulary of traditional brown ceramic roof tiles, textured and smooth stucco walls, cast stone architectural elements, and decorative cornices — all filtered through a contemporary lens with aluminum bronze railings, Mashrabiya-inspired decorative panels, and a sculptural glass canopy at the entry. Rising eight stories at 33 Alhambra Circle, the building sits at the very address that makes its architectural statement most resonant: a street named for the same Spanish palace that inspired the design, in a neighborhood originally conceived as Miami's answer to the cities of southern Europe.

The 78 residences at Alhambra Parc occupy a 170,000-square-foot structure that also incorporates 13,000 square feet of professional office space and nearly 18,000 square feet of ground-floor retail — a mixed-use program that adds a layer of walkable convenience rarely found in boutique condominium living. Residences span one, two, and three bedrooms, ranging from 858 to 2,801 square feet, with generous terraces that extend the living space outward toward the city skyline and treetops of the Gables. Ceilings reach up to ten feet, with seven- and eight-foot interior doors reinforcing the sense of volume, while impact-resistant windows frame the views and meet South Florida's stringent storm standards. The building's residential levels begin at the fourth floor, ensuring that every home sits well above the street-level activity below — quiet, elevated, and private.

Interiors are the work of Raymond Jimenez, the Miami-based designer known to audiences worldwide through Netflix's Designing Miami and HGTV's Divided by Design. Drawing directly from the Alhambra's architectural lexicon, Jimenez has built a design language around arched forms, soft curves, and sculptural finishes that feel both historically rooted and emphatically contemporary. The palette runs to travertine flooring, medium-tone oak millwork, matte metals, and aged copper accents — materials that patina beautifully and read as genuinely luxurious rather than merely expensive. Kitchens are appointed with Italian cabinetry, quartz countertops, Sub-Zero and Wolf appliances, and Grohe fixtures throughout. Primary bathrooms offer generous walk-in showers alongside freestanding soaking tubs, evoking the spa-like retreat that the building's wellness programming reinforces at every turn. Carlos Guevara joins Jimenez in curating the shared social spaces — the lounges, wellness areas, and rooftop retreats — ensuring a coherent aesthetic thread from private residence to communal living.

The amenity program at Alhambra Parc is curated for residents who regard their building as an extension of their lifestyle rather than simply a place to sleep. Two rooftop decks anchor the upper levels, each featuring a resort-style pool, spa, and summer kitchen for al fresco entertaining against panoramic city views. A dedicated pickleball court adds the sporting element that has become a fixture of South Florida luxury living, while the Paraiso Garden and yoga garden offer quieter counterpoints — sun-drenched, landscaped terraces designed for restoration and contemplation. A state-of-the-art fitness center, business lounge with coworking spaces, and a children's playroom round out the program for residents whose needs span professional, recreational, and family life. Building services include 24/7 concierge and valet parking, Amazon package storage, and the full support infrastructure of a property managed to hotel standards. ONE Sotheby's International Realty serves as exclusive sales and marketing broker, and the project has received EB-5 USCIS designation, opening investment pathways for international buyers.

To live at Alhambra Parc is to inhabit one of the most storied addresses in South Florida. Coral Gables was conceived in the early 1920s by George Merrick as an American City Beautiful, its streets and structures drawn from the Mediterranean precedents of Spain, Italy, and North Africa — a vision that earned the city its enduring designation as a planned municipality unlike any other in the country. That original vision is alive on every block of Alhambra Circle, and this building embodies it with unusual fidelity. Downtown Coral Gables places residents within walking distance of Miracle Mile's acclaimed restaurants and boutiques, the landmark Biltmore Hotel, and the Coral Gables Museum. Miami International Airport is minutes away; Brickell and the Design District are easily accessible by car. For buyers seeking a residence that combines genuine architectural distinction, a walkable urban village, and the enduring value of Coral Gables real estate — a market with one of the strongest long-term appreciation records in South Florida — Alhambra Parc offers a compelling, singular answer. With delivery expected in 2028 and presales now active, the building represents an early opportunity in what will be a landmark address.

Amenities

Location

Coral Gables, FL 33134