Development Spotlight: Seventeen Gables

Seventeen Gables brings 117 new condominium residences to East Gables, pairing interiors by Asprea Studio with wellness amenities, co-working spaces and ground-floor retail. Developed by BAM Developers and Ascendra Capital, the eight-story project offers one-, two- and three-bedroom homes starting from the mid-$600,000s, with construction underway and delivery anticipated in Q1 2028.

Rendering of the eight-story Seventeen Gables condominium at 1715 Douglas Road at dusk. Image courtesy of BAM Developers and Ascendra Capital.

Coral Gables’ appeal is rooted in its established neighborhoods, tree-lined streets and connection to Miami’s major employment and cultural destinations. Seventeen Gables brings a new condominium option to that setting, pairing contemporary interiors and everyday amenities with one-, two- and three-bedroom residences starting from the mid-$600,000s.

Developed by BAM Developers and Ascendra Capital at 1715 Douglas Road, the eight-story, 117-residence community is already under construction, with delivery anticipated in the first quarter of 2028. The recent opening of its Sales Gallery gives prospective buyers an opportunity to experience the materials, finishes and design behind the project firsthand.

Project Overview

Seventeen Gables is located at the intersection of 17th Street and Douglas Road in East Gables. The development combines 117 condominium residences with ground-floor retail and a collection of wellness, leisure and workspaces designed to support daily life.

Construction began in April 2026, according to the development team. The project follows the partners’ securing of a $60 million construction loan earlier this year, adding a tangible construction milestone to its sales story. Completion is anticipated in Q1 2028.

Rendering of the Seventeen Gables swimming pool and landscaped amenity deck. Courtesy of BAM Developers and Ascendra Capital.

Why It Matters

Seventeen Gables broadens the conversation around new condominium ownership in Coral Gables. Its starting price in the mid-$600,000s offers an alternative for buyers seeking a newly built residence with contemporary design, shared amenities and access to an established neighborhood.

The combination of multiple bedroom configurations, integrated co-working spaces and assigned parking gives the project a practical foundation alongside its lifestyle offering. Its appeal centers on how the homes can be used every day: living near Miracle Mile while remaining connected to Brickell, Downtown Miami and Miami International Airport.

Architecture & Design

The eight-story building is planned to offer views across the Coral Gables tree canopy toward the Miami skyline. Interiors by Asprea Studio, led by Karen Asprea, blend New York sophistication with the Mediterranean character associated with Coral Gables. Warm natural materials, refined detailing and contemporary furnishings establish the project’s interior direction.

Asprea Studio also designed the Sales Gallery as an extension of that residential experience. A detailed building model, full-scale model kitchen and curated displays allow buyers to explore the design and finishes before completion.

Residences

Seventeen Gables comprises 117 residences with one-, two- and three-bedroom floor plans. Pricing starts from the mid-$600,000s, as reported at the Sales Gallery opening in September 2026.

The residences are designed to balance refined aesthetics with efficient layouts and the needs of modern lifestyles. Buyers can review available floor plans, finishes and current pricing directly with the sales team.

Amenities & Lifestyle

The amenity collection brings wellness, relaxation and flexible working into the residential experience. Planned offerings include:

• Resort-style swimming pool

• State-of-the-art fitness center

• Sauna

• Resident lounge

• Integrated co-working spaces

• Assigned parking

• Ground-floor retail

Together, these spaces create opportunities to exercise, work and gather close to home.

Location

Located at 1715 Douglas Road, Seventeen Gables sits at the intersection of Douglas Road and 17th Street. Miracle Mile’s shops, dining and neighborhood destinations are within walking distance, while the location provides convenient access to Downtown Miami, Brickell and Miami International Airport.

The setting connects the quieter residential character of East Gables with the activity of central Coral Gables and the wider Miami area.

Development Team

Seventeen Gables is being developed by BAM Developers and Ascendra Capital. BAM Developers is led by founder and CEO Mayer Berkovits; David Steinberg is partner and chief investment officer of Ascendra Capital.

Asprea Studio, led by Karen Asprea, is responsible for the project’s interiors and Sales Gallery. Exclusive sales and marketing are handled by Cervera Real Estate.

Sales Information

The Seventeen Gables Sales Gallery opened at 120 Aragon Avenue in Coral Gables in September 2026. Visitors can explore the building model, model kitchen and curated material displays by arranging an appointment with the sales team.

One-, two- and three-bedroom residences start from the mid-$600,000s. Construction is underway, with delivery anticipated in Q1 2028. Pricing, availability and delivery timing are subject to change; contact the sales team for current details.

For more information, visit seventeengables.com or contact the sales team at 786-686-0762.

Renderings courtesy of BAM Developers and Ascendra Capital.

Past PROFILEmiami articles about Seventeen Gables:

BAM Developers and Ascendra Capital Open Seventeen Gables Sales Gallery in Coral Gables — September 28, 2026

BAM Development and Ascendra Capital Lock Down $60 Million Construction Loan for Seventeen Gables Condominium — February 11, 2026

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BAM Developers and Ascendra Capital Open Seventeen Gables Sales Gallery in Coral Gables

Partners BAM Developers and Ascendra Capital are proud to announce the opening of their Seventeen Gables Sales Gallery, an immersive space designed to showcase the vision behind Seventeen Gables, the 117-unit attainable luxury condominium located at 1715 Douglas Road.

Partners BAM Developers and Ascendra Capital are proud to announce the opening of their Seventeen Gables Sales Gallery, an immersive space designed to showcase the vision behind Seventeen Gables, the 117-unit attainable luxury condominium located at 1715 Douglas Road.

Located in the heart of Coral Gables at 120 Aragon Ave., the Sales Gallery reflects the sophisticated aesthetic that will define Seventeen Gables. Asprea Studio, led by acclaimed design architect and interior designer Karen Asprea, conceived both the project's interiors and the Sales Gallery, creating a seamless extension of the residential experience.

Blending timeless New York sophistication with Coral Gables' Mediterranean character, the space features warm natural materials, refined detailing and contemporary furnishings. A detailed scale model of the building, a full-scale model kitchen and curated displays allow visitors to explore the project’s architecture, interiors, premium finishes and elevated lifestyle.

"The Sales Gallery was designed to give buyers a true sense of what makes Seventeen Gables different," said Mayer Berkovits, founder and CEO of BAM Developers. "Construction began in April of this year, and opening the Sales Gallery marks the next step in bringing the project to life. Prospective buyers can now experience the project firsthand while seeing the momentum behind a community that is already taking shape.”

"Our commitment has always been to move forward with certainty," said David Steinberg, partner and CIO of Ascendra Capital. "Opening the Sales Gallery while construction is progressing demonstrates that commitment and gives buyers confidence that Seventeen Gables is thoughtfully envisioned and actively becoming a reality."

Seventeen Gables presents an opportunity to own new construction in one of South Florida's most desirable neighborhoods, with one-, two- and three-bedroom residences starting from the mid-$600,000s, a rarity for new construction in Coral Gables.

Anticipated to deliver in Q1 2028, the eight-story Seventeen Gables will become the tallest building in East Gables, offering uninterrupted panoramic views from the Coral Gables tree canopy to the Miami skyline. Each residence balances refined aesthetics with the needs of modern lifestyles, creating homes that are both elegant and efficient.

Residents will enjoy a collection of wellness and lifestyle amenities, including a state-of-the-art fitness center, sauna, resort-style pool, resident lounge, integrated co-working spaces, assigned parking and ground-floor retail.

Ideally situated at the intersection of 17th Street and Douglas Road, Seventeen Gables places residents within walking distance of Miracle Mile while providing convenient access to Downtown Miami, Brickell and Miami International Airport. Sales and marketing for the project are exclusively handled by Cervera Real Estate.

"As more new condominium developments cater to the ultra-luxury buyer, Seventeen Gables offers something increasingly rare in Coral Gables," said Jesse Ottley, President of Development Sales for Cervera Real Estate. "It combines thoughtful design, an exceptional location and an attainable price point without compromising on quality, creating a compelling opportunity for buyers."

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