Luxury rental community under development on Riviera Drive

Luxury rental community under development on Riviera Drive
Luxury rental community under development on Riviera Drive
Rendering of Riviera Waterway Villas, which currently is being built in Coral Gables.

Tom Cabrerizo, CEO of CFH Group, a Miami-based, full-service real estate development and management company, and builder Jose Garcia, CEO of All-Go Construction Systems, have partnered to build Riviera Waterway Villas, a contemporary, three-story rental apartment community along the waterfront on Riviera Drive in Coral Gables.

“We are delighted to partner with All-Go Construction to build this unique property, which will be the only rental apartment community on Riviera Drive with direct waterway access, and to include it in our growing portfolio of managed properties,” Cabrerizo said.

“The property offers residents the best of South Florida living, including waterfront views and luxurious amenities, in the vibrant and lush city of Coral Gables.” The property is conveniently located at 5100 Riviera Dr., the southeast corner of S. Dixie Highway (US1) and Riviera Drive. The new complex will consist of 14 modern units and offer two- and three-bedroom floor plans ranging in size from 1,100 to 1,400 square feet. Each unit will feature wood cabinetry, stainless steel appliances, quartz countertops, porcelain tile floors, impact-resistant windows and sliding glass doors, private balconies and water views.

Nestled in a prime Coral Gables location, Riviera Waterway Villas is located conveniently near schools for grades K-12 and various shopping centers, and is within walking distance of the University of Miami. Residents also will enjoy community amenities, including rental dock space, a pool area with sundeck and barbecue grills and covered parking.

Pre-leasing will begin in January 2014 and completion is slated for the end of the first quarter. Prices start at $2,900. The project is being financed by BankUnited and will be managed by CFH Group. For more information, visit <www.cfhgroup.com>.


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