5300 Paseo in Downtown Doral, Florida
New Luxury Condo in Master-Planned City
July 8, 2014
Joel Greene here from Condo Hotel Center with another pre-construction opportunity for you. Today’s featured property is located in Doral, a city near Miami, with an interesting history.
It begins with the husband-and-wife team of Alfred and Doris Kaskel, who built a fortune as New York developers and then moved to South Florida with the dream of building a golf course. In 1959 they purchased a swampy, undeveloped 2,400-acre plot and envisioned a world-class golf country club.
If you’ve ever seen photos of the Everglades, you can picture this property. It had no commercial areas or grocery stores. Most streets weren’t paved. The only entities thriving were dairy farms.
The Kaskels named their new development “Doral,” a combination of their names Doris and Alfred. They brought in renowned golf architect Dick Wilson to design the first 36 holes of their golf course, which today are known as the resort’s Red Course and the legendary Blue Monster.
It wasn’t long before family friends Bob Hope and Jackie Gleason became frequent guests at the new Doral County Club. Soon a whole city began cropping up around the resort, and in 1962, the PGA Tour decided to move its annual Miami event to Doral.
Billy Casper won that inaugural tournament, the Doral Country Club Open Invitational, and pocketed a cool $9,000. The $50,000 purse was the highest ever at that time.
Since its founding as a golf community, Doral has grown tremendously. Incorporated in 2003, today it is a beautiful and prosperous city. Prestigious multinational companies, businesses of all kinds, franchises, banks, leading television networks, hotels, schools, etc. have committed to this city. And now it is embarking on the next stage in its development, Downtown Doral.
Downtown Doral will be a 120-acre, master-planned community by Codina Partners at a cost of over $1 billion. The goal, said Codina Partners Executive Chairman Armando Codina, “is to create a live, work, learn and play community, where families can enjoy the fruits of urban life — while spending less for housing than they would in other such enclaves of Miami-Dade.” And that brings me to today’s featured condominium property, which will be located in Downtown Doral.
Sleek & Modern, 5300 Paseo
5300 Paseo is the second of nine condominium buildings to be built in Downtown Doral. The first one, which I featured back in November 2013, is already more than 80% sold out.
A 20-story tower, 5300 Paseo will be one of the tallest buildings in Doral. It will have 219 residences, which will offer panoramic views of the Paseo, surrounding golf courses and the city skyline. The Paseo will be a pedestrian-friendly, five-block long, landscaped area of shops, restaurants, offices, condos and a park.
5300 Paseo will have a sleek modern style with clean lines, bold columns, and sweeping walls of glass. Lush, green spaces and a resort-style outdoor pool deck will offer South Florida living at its best.
The amenities will include:
- Grand porte-cochere entrance
- Two-story lobby by world-renowned designer Adriana Hoyos
- Zero-entry swimming pool
- Pool deck with lounge daybeds and cabanas
- State-of-the-art fitness facilities
- Yoga room, on-site massage rooms and sauna
- Children’s play area
- Coordinated catering services for functions
- High-speed internet in common areas
- Pedestrian and bicyle friendly sidewalks
- 24-hour security and front desk
Open Floor Plans
The individual residences will feature spacious, open floor plans that allow for effortless flow between rooms and living areas, perfect for entertaining. Likewise, floor-to-ceiling windows and balconies will maximize natural light and picturesque vistas of parks and golf courses.
Kitchens will have tiled flooring, high-end appliances, Italian cabinetry by Italkraft and quartz countertops. The master baths will feature ceramic floors, wood Italian cabinets, frameless glass doors in baths and Quartz countertops.
Downtown Doral, Master-Planned Community
Downtown Doral will offer all the conveniences and amenities of city life but also all of the open space, recreational opportunities and natural appeal of suburban living. Lavish gardens and landscapes, together with world-famous fairways, will serve as the backdrop for a vibrant city.
Everything about Downtown Doral has been conceived from the outset including 2,840 residences, almost 1 million square feet of office space, 140,000 square feet of retail space and a charter elementary school offering pre-k to 5th grade.
Downtown Doral is pedestrian and bicycle friendly. Tree-lined, shaded streets, with lush green spaces, wide sidewalks, and a grand boulevard entrance are great for strolls.
Family-oriented neighborhoods will surround a three-acre public park showcasing an open-air pavilion and a permanent art sculpture by world-renowned artist, Michele Oka Doner.
With a wide range of entertainment options, Downtown Doral will offer something for everyone.
A Central Location
Every service and amenity will be within easy reach of 5300 Paseo, whether driving a car, riding a bike or even walking.
The emphasis is on convenience and leaving time for residents to enjoy the recreational activities that make life fun to live.
5300 Paseo will be located:
- 15 minutes walking distance to shops and restaurants
- Easy access to major highways I-95 and the Florida Turnpike
- 30 minutes to South Beach/Miami Beach
- 20 minutes to Coral Gables, downtown Miami, the American Airlines Arena, Marlins Stadium, Miami International Airport and the Port of Miami
Construction on 5300 Paseo is expected to begin in January 2015 and to be complete by June 2016. However, the condos can be reserved now at pre-construction prices with a 10% deposit.
Choose from one-, two- and three-bedroom condos, ranging in size from 755 sq. ft. to 1,927 sq. ft. Prices range from $285,520 to $869,000.
Want to know more? I have plenty of additional details. Just request my data sheet below.
Request the 5300 Paseo data sheet here.
Doral Comes of Age
When I started this Property Alert, I told you how Doral’s past is all about golf. Here are a few more historical tidbits.
The Doral Country Club Open Invitational, now dubbed the WGC-Cadillac Championship, is the third-longest running Tour event, behind only the Masters and the Colonial.
It has provided many great moments, including Greg Norman’s Sunday 62 in 1990, which led to a playoff win; and Tiger Woods and Phil Mickelson’s Sunday shootout in 2005, when Woods prevailed by one.
Jack Nicklaus won this event twice. Raymond Floyd and Greg Norman match Woods with three titles. There’s some serious history here.
As for Billy Casper’s $9,000 winner’s check from ’62, things have changed a bit. The 2014 champion Patrick Reed snared $1.53 million out of a $9 million purse. Now that’s progress.
As always, thank you for taking the time to read my Property Alerts. I hope you find them interesting. And if you or someone you know is looking for a condominium or condo hotel unit in South Florida, feel free to give me a call. I have detailed data sheets on available inventory and am also happy to take you on a tour of the actual properties.
Have a great day!
Licensed Real Estate Broker
Condo Hotel Center
1368 NW 165th Ave.
Pembroke Pines, FL 33028
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