Cassia's Turnkey Restoration Hardware Condos Break Ground in Coral Gables

Key Points:

• 174 Fully Furnished Units: Cassia will feature 174 condos, each fully furnished by Restoration Hardware, with sizes ranging from 662 to 1,461 square feet. ​

• Short-Term Rental Friendly: One of the few new condos in Coral Gables permitting short-term rentals, offering flexibility for investors and residents. ​

• Completion by February 2027: Construction is underway with an expected completion date in February 2027. 

Alta Developers has commenced construction on Cassia, a 12-story condominium in Coral Gables that uniquely permits short-term rentals. This development reflects the growing trend of flexible living arrangements in South Florida's real estate market. In this article, we'll explore the features of Cassia, its strategic location, and its potential impact on the Coral Gables community.​

Cassia: A Blend of Luxury and Flexibility 

• Design and Furnishings: Each of the 174 units will be fully furnished by Restoration Hardware, offering a turnkey experience for buyers. ​

• Amenities: Residents will enjoy a range of amenities, including a pool deck, indoor pool, steam room, sauna, treatment room, fitness center, barbecues, and a business center. 

• Pricing and Sales: Units start at $700,000, with over 50% pre-sold, indicating strong market interest. ​

Strategic Location in Merrick Park District 

• Proximity to Amenities: Located at 4011 Salzedo Street, Cassia is steps away from the Shops at Merrick Park, offering residents access to luxury shopping and dining options. ​

• Transportation and Accessibility: The area boasts walkability and is serviced by a free trolley to the Coral Gables business district, enhancing convenience for residents.

Implications for Investors and Residents 

• Short-Term Rental Appeal: Cassia's allowance for short-term rentals caters to investors seeking flexibility and potential income through platforms like Airbnb. ​

• Market Demand: The high pre-sale rate reflects a robust demand for flexible living options in Coral Gables, appealing to both domestic and international buyers. ​

Cassia represents a significant addition to Coral Gables' real estate landscape, blending luxury living with the flexibility of short-term rentals. Its strategic location and comprehensive amenities position it as a desirable option for investors and residents alike.

The addition of Cassia signal's Coral Gables' continued growth. Often referred to as the Beverly Hills of Miami, the project will bring in much needed flexible living to the area, bringing in more residents and visitors alike. The development is slated for a 2027 completion.