MMG Equity Partners Secures $21.5M for Coral Nest in West Kendall

• MMG Equity Partners secured $21.5 million in construction financing from Seacoast National Bank for Coral Nest, a mixed-use development in West Kendall.
• Coral Nest is planned for the northwest corner of Southwest 26th Street/Coral Way and Southwest 144th Avenue, Miami, Florida 33175.
• The project will feature 38 two-story townhomes and nearly 25,000 square feet of retail space on a 6.5-acre site.
• The townhomes will range from 1,615 to 1,826 square feet, with prices starting at $650,000 and private garages included with every residence.

What Coral Nest Will Include

MMG Equity Partners is moving forward with Coral Nest, a mixed-use development planned at the northwest corner of Southwest 26th Street, also known as Coral Way, and Southwest 144th Avenue in Miami-Dade County. The 6.5-acre project will combine residential and retail uses. The residential portion will include 38 two-story townhomes, while approximately 25,000 square feet of retail space will front Coral Way. The townhome community will offer three- and four-bedroom layouts. The mix includes eight three-bedroom, two-and-a-half-bath residences; 22 four-bedroom, two-and-a-half-bath residences; and eight four-bedroom, three-bath residences.

What the Townhomes Will Offer

The residences will range from 1,615 to 1,826 square feet and will include private garages. Interior features will include impact-grade windows, high-end appliances, and energy-efficient upgrades. Prices for the townhomes currently start at $650,000, positioning Coral Nest within the West Kendall market for buyers seeking newer construction with more space and private parking.

What the Retail Component Will Bring

The retail portion of Coral Nest will occupy approximately 3.5 acres of the overall development and will have frontage along Coral Way. Plans call for nearly 25,000 square feet of retail space, with anticipated tenants including a supermarket and a fast-casual restaurant. The commercial component will add everyday shopping and dining options for both Coral Nest residents and the surrounding West Kendall community.

What the Financing Means for the Development

MMG Equity Partners recently secured $21.5 million in construction financing from Seacoast National Bank to help fund the project. The developer acquired the Coral Nest development site for $7.5 million in 2025. Of the 6.5-acre property, approximately 3.5 acres will be dedicated to retail, with the remaining three acres used for the townhome community. The financing marks a significant step toward construction as MMG Equity Partners advances the mixed-use project.

What the Development Team Includes

Pinecrest-based MMG Equity Partners is the developer behind Coral Nest, while C4 Legacy Builders Group is serving as the general contractor. The project adds to MMG Equity Partners' activity in South Florida and reflects continued development interest in West Kendall, where new residential communities are being paired with retail and neighborhood-serving commercial uses.

What the Location Offers

Coral Nest is planned for the northwest corner of Southwest 26th Street/Coral Way and Southwest 144th Avenue, Miami, Florida 33175, in Miami-Dade County. Its location along Coral Way gives the development direct visibility and access to a major local corridor. The combination of townhomes and neighborhood retail is intended to create a more integrated residential and commercial environment within West Kendall.