Paseo de la Riviera

Property Address

Paseo de la Riviera
1350 S Dixie Hwy
Coral Gables, FL 33146


100% LEASED!

Demo Snapshot (1 mile)

Population: 19,000

Daytime Population: 21,400

Average Income: $137,300


Please contact us by email or by phone: 305.576.9008

Property Highlights

Located on S Dixie Hwy directly across from University of Miami

An open-air walkway, or ‘paseo’ in Spanish, connects residents to shops, restaurants, on-site parking, as well as Jaycee Park

GLA : ±33,000 sf

5 levels of parking with ±550 spaces

246-room urban hotel brand from Europe

204 apartments ranging from $2,000-$5,000/mo

Average household income of $137,300 within 1-mile radius

Steps from University of Miami, University Metrorail station and the Coral Gables trolley

Traffic counts:
–  86,500 vpd on S Dixie Hwy
–  21,100 vpd on Ponce de Leon Blvd

Market Overview

Paseo de la Rivera is located in the beautiful city of Coral Gables, FL. The city is known for its tree-lined boulevards, ivy-covered mansions and historical landmarks such as the famous Biltmore Hotel. Coral Gables’ Miracle Mile, situated in the center of the downtown commercial district, is a sought-after shopping destination featuring world-renowned shops and restaurants. A mere two miles south is the University of Miami, which abuts US-1 (S Dixie Hwy). US-1 is the major arterial thoroughfare in Coral Gables and much of Southeast Florida. Across from the university is Paseo de la Riviera, a 115,870 sq. ft. project situated at the corner of US-1 and Caballero Blvd. Paseo de la Riviera is designed to complement the area’s Mediterranean style architecture.

The project will include a hotel, residences, retail, restaurants, public art displays and multi-level parking. An innovative mixed-use and pedestrian-friendly development, Paseo will serve to enhance connectivity and walkability in Coral Gables. With traffic concerns and pedestrian safety top of mind, the design and development of the site has implemented such measures as traffic circles, crosswalks, and thoughtful strategies for traffic flow. The Underline, a visionary linear park beneath the elevated Metrorail, will span over 10 miles. It provides a safe trail for pedestrians and bicyclists and will also serve as a recreational green spine to the greater Miami area. Paseo de la Riviera offers a unique opportunity for young professionals seeking to shed their cars for a more pedestrian-oriented way of living within the Coral Gables community. Additionally, with its close proximity to the heart of the University of Miami campus, Paseo will drive residency from UM professionals while the hotel will provide a convenient short-term stay option for visiting families, professors and other professionals.

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