With the construction of the Townhomes at Downtown Doral underway
and properties listed, the Downtown Doral development is in full swing. Doral is undergoing a major overhaul with the
addition of new residential and mixed-use properties but none compare to the
extent that is planned for Downtown Doral.
The new Doral Government Center’s location in the middle of the Downtown
Doral development and the construction of a new charter elementary school (due
for completion by Fall 2015) show the importance of this part of Doral. The Codina Partners have a vision of Downtown
Doral being the hub of the entire city. To bring this dream to life, Codina has teamed
up with Lennar to build a city within a city.
In addition to the Government Center, there three-acres of
public park space with $2 million of playgrounds, green space and a sculpture
pavilion by artist Michelle Ona Doner. Construction
of the Townhomes is in full swing with completion of the first phase in the works
and already sold out (re-sales have been listed) while the condominium is
expected to be complete by the end of 2016.
On top of that, one million square feet of office space and 200,000
square feet of retail space are shown to be part of the development.
Downtown Doral
Location
Situated just north of the Miami International Airport,
Downtown Doral is located between NW 87th Avenue and NW 79th
Avenue with the newly, redesigned Blue Monster Course at Trump National Doral
adjacent to the new community. The
location, in the heart of Doral, is ideal as it offers easy, quick access to
the major thoroughfares leading into and out of Miami and the other areas
within Miami-Dade, not to mention the major area travel hubs.
Residential Property at Downtown Doral
Developers want living at Downtown Doral to be like living
in a small town. With tree lined
streets, sidewalks and plenty of green space, residents will never want to live
anywhere else.
The residential plans for Downtown Doral consist of 2,840
properties spread out between condominium towers, townhouses and rental
apartments. With most still in the
planning stages, the Townhomes at Downtown Doral are currently under
construction. Condominium construction
should begin soon with completion of the first round of condominiums due at the
beginning of 2016. The first phase of
the Townhomes is already sold out with strong sales for the first round of
condominium sales. Following is an overview of the residential property
at Downtown Doral:
The Townhomes at Downtown
Doral. The Townhomes at Downtown
Doral are large and luxurious inside and out.
Gourmet kitchens feature European custom cabinets, granite counter tops,
Energy Star certified stainless steel appliances and a work island with raised
breakfast bar as well as a roomy breakfast area. The main living areas and bedrooms are open
and airy with marble tile floors in the main living areas and marble framed
window sills throughout the entire home.
These properties are in high demand which is obvious by the fact that
the first phase is sold out.
5252 Paseo/5300 Paseo.
The condominiums at Downtown Doral
are to be located at 5252 Paseo and 5300 Paseo.
The first, 5252 Paseo, feature one, two and three bedroom units with
high-end finishes just as 5300 Paseo’s plans indicate. Both buildings will be 20 floors with about
200 units in each building. In addition
to beautiful paseo or golf views, amenities in each residence will include a
gourmet kitchen with stone counter tops, high-end steel appliances and designer
Italian kitchen cabinets. At 5252 Paseo,
the first 18 floors will house condominium units with six penthouses per floor
on the top two floors. Every unit will
be accommodated with one assigned parking space with the penthouses receiving
two spaces. Every unit will have amazing
paseo or golf views. 5300 Paseo is still
in development but will be just as elegant luxurious as its sister condominium.
Cordoba Apartments. For those who do not want to own real estate
but want the opportunity to live in Downtown Doral, Cordoba will offer luxury
rentals that are hands above the rest.
With fully green eco-friendly units offering high efficiency HVAC
systems, thermal comfort windows for temperature and humidity control, and gourmet
kitchens with Energy Star stainless steel appliances and modern cabinetry,
Cordoba is definitely going to be a top rental community in the entire city of
Doral.
Real Estate at Downtown Doral
The response to Downtown Doral has been unbelievable which
is logical considering the mix of residential property and the continually growing popularity of Doral real estate.
The Townhomes Real
Estate. There are two main floor
plans which offer several options and range in size from about 1,800 square
feet to almost 2,000 square feet. The two-story
townhomes have several options to accommodate buyers’ needs. Whether buyers
want two master suites, a master and two guestrooms, or even a master suite,
guestroom, and an upstairs loft or home office, these properties are hot
tickets at the current moment. On top of
this, buyers have the option of adding a third floor with either a loft, family
room, or large guest suite as well as a large top floor deck that accommodates
an outdoor living/dining area which is perfect for living in Florida. The first phase of Townhomes is sold out with
a couple of re-sales listed in the upper-$500s to low-$600s. For the upcoming construction, general
Pricing is as follows (subject to change):
Floor Plan A
Price Range: $449,000
- $549,990
1,796 SF A/C Area + Garage = 2,276 Total SF
Floor Plan B
Price Range: $582,990 to $604,990
1,998 SF A/C Area + Garage = 2,504 Total SF
3RD Floor
Penthouse Option
500 SF A/C Area
152 SF Covered Terrace
525 SF open deck
Total Additional Area: 1,177 SF $75,000
3rd FLOOR
ATRIUM OPTION
638 SF A/C Area
152 SF Covered Terrace
387 SF Open Deck
Total Additional Area: 1,177 SF $100,000
Buyers can expect a payment structure for the Townhomes at
Downtown Doral to be:
- 15% at Contract
- 10% at Groundbreaking
- 10% at Top-off
- Finishes / Upgrades: 75% of Total Upgrade Package or amount to sum 50% of total purchase
5252 Paseo.
5252 Paseo features one, two, and three-bedroom units some with dens
as well as two and three-bedroom penthouses.
The square footage ranges from about 750 to just over 1,900 square
feet. At this point, there are over 40
units reserved.
General pricing for the condominium is as follows:
Tower
|
Line
#
|
Residence
|
Type
|
View
|
Sq
Ft (A/C)
|
List
Price
|
Paseo
|
02
|
A
|
3BR/2BA
|
Golf
|
1,455
|
$501-568K
|
Paseo
|
12
|
B
|
3BR/BA +DEN
|
Golf
|
1,577
|
$513-612K
|
Paseo
|
11
|
C
|
2BR/2BA
|
Paseo
|
1,195
|
$388-425K
|
Paseo
|
10
|
D
|
2BR/2BA +DEN
|
Golf
|
1,166
|
$412-476K
|
Paseo
|
04
|
D
|
2BR/2BA +DEN
|
Golf
|
1,162
|
$411-481K
|
Paseo
|
01
|
E
|
2BR/2BA
|
Paseo
|
1,163
|
$393-450K
|
Paseo
|
09
|
F
|
2BR/2BA
|
Paseo
|
1,038
|
$369-390K
|
Paseo
|
03
|
F
|
2BR/2BA
|
Paseo
|
1,030
|
$360-387K
|
Paseo
|
08
|
G
|
1BR/1BA +DEN
|
Golf
|
848
|
$284-319K
|
Paseo
|
07
|
G
|
1BR/1BA +DEN
|
Golf
|
848
|
$280-334K
|
Paseo
|
06
|
H
|
1BR/1BA
|
Paseo
|
755
|
$252-287K
|
Paseo
|
05
|
H
|
1BR/1BA
|
Paseo
|
755
|
$252-290K
|
Paseo
|
06
|
PH1
|
3BR/2BA +DEN
|
180°
|
1,927
|
$839K
|
Paseo
|
01
|
PH2
|
3BR/2BA +DEN
|
180°
|
1,755
|
$779K
|
Paseo
|
02
|
PH3
|
2BR/2BA +DEN
|
Golf
|
1,560
|
$630K
|
Paseo
|
04
|
PH3
|
2BR/2BA +DEN
|
Golf
|
1,557
|
$630K
|
Paseo
|
05
|
PH4
|
2BR/2BA
|
Paseo
|
1,168
|
$490K
|
The payment structure for 5252 Paseo is as
follows:
- 10% Reservation
- 10% at Contract
- 20% Groundbreaking (forthcoming)
- 10% Top-off (Approximately April 2015)
- Balance to close (Early 2016)
5300 Paseo.
The newly released plans show two and three-bedroom units ranging in
size from 1,118 to 1,927 square feet. Amenities will include a pool, children’s play
area, fitness facilities and massage rooms. The units will have a golf-course
view. General pricing is as follows:
Model
|
# Bed/Bath
|
View
|
SQ FT
|
Price Range
|
A
|
3
BD/2BA
|
Golf
|
1,455
|
$512
to $596K
|
C
|
2
BD/2BA
|
Paseo
|
1,195
|
$399
to $449K
|
D
|
2
BD/2BA + Den
|
Golf
|
1,162
|
$439
to $508K
|
E
|
2
BD/2BA
|
Paseo
|
1,163
|
$420
to $470K
|
F
|
2
BD/2BA
|
Paseo
|
1,038
|
$373
to $400K
|
F
|
2
BD/2BA
|
Paseo
|
1,030
|
$368
to $403K
|
G
|
1
BD/1BA + Den
|
Golf
|
848
|
$330
to $373K
|
G
|
1
BD/1BA + Den
|
Golf
|
848
|
$324
to $368K
|
H
|
1
BD/1BA
|
Paseo
|
755
|
$287
to $313K
|
H
|
1
BD/1BA
|
Paseo
|
755
|
$285
to $307K
|
J
|
2
BD/1BA
|
Golf
|
1,052
|
$376
to $471K
|
K
|
1
BD/1BA
|
Golf
|
860
|
$299
to $353K
|
L
|
1
BD/1BA
|
Golf
|
829
|
$312
to $337K
|
PH
|
Various
|
Golf/Paseo
|
1,560-1,927
|
$679
to $869K
|
Making
a Dream a Reality
Downtown Doral is something that the Codina Partners have
been planning for almost 10 years. Construction
of the residential parts of the project signifies that they are finally making the
dream a reality. As more construction
begins, so do the opportunities to buy Doral real estate at Downtown
Doral. Now is the time to consider all it
has to offer.
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