The Avenue
The Avenue is a boutique new-construction condominium at 4220 Laguna Street (also addressed as 351 San Lorenzo Avenue) in the Merrick Park district of Coral Gables, developed by Roger Development Group and designed by architecture firm Bermello Ajamil & Partners. Delivered in 2025, the building offers one- and two-bedroom residences and stands out as one of the few Coral Gables condominiums approved for short-term rental flexibility, a rare feature in this market that appeals to both end users and investors. Building amenities include a rooftop pool with a BBQ and relaxation area, concierge services, and valet parking, with WiFi and water included for residents. The location places owners just steps from the Shops at Merrick Park, with its mix of upscale retail, dining, and a movie theater, as well as Coral Gables' broader cultural and culinary scene.
Amenities
- Rooftop pool with BBQ and relaxation area
- Concierge services
- Valet parking
- WiFi included
- Water included
- Ground-floor retail space
The Avenue sits in Coral Gables' Merrick Park district, directly by the Shops at Merrick Park, a roughly 900,000-square-foot outdoor luxury shopping center anchored by Neiman Marcus and Nordstrom with more than 20 restaurants and a movie theater. The surrounding area, once industrial, has been transformed into a walkable mixed-use district of dining, boutique retail, and new residential mid-rises just minutes from downtown Coral Gables.
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Coral Gables, FL 33146
Available Residences at The Avenue
2 Bedroom Condos · 2 units
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| 703 | $1,410,000 | 2 / 2 | — | — | 109 |
| 1009 | $1,309,000 | 2 / 2 | 1,054 | $1,242 | 142 |
Compare every Coral Gables building, its inventory, and area market trends in one place.
ANALYTICS
CURRENT INVENTORY
INVENTORY BY BEDROOM
- 2 Bed (2) 100%
INVENTORY TREND (ALL UNITS)
Market & Community Report
As of July 31, 2026, The Avenue carries 2 active listings at an average asking price of $1.4M, with an average time on market of 126 days. Closed sales over the preceding 36 months averaged — per sq ft, and 0 transactions closed in the past 12 months — implying — months of supply against the current pace of absorption.
Zip code 33146 (Coral Gables) is home to 18,861 residents with a median age of 22.4. Per-capita income stands at $68,544; 78.5% hold a bachelor's degree or higher. 60.4% of units are owner-occupied; 25.8% of residents work from home.
Data current as of July 31, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.
Frequently Asked Questions — The Avenue
How many condos are for sale at The Avenue?
As of July 31, 2026, 2 residences are actively listed for sale at The Avenue. Current asking prices range from $1.3M to $1.4M. Inventory updates daily from the MLS.
How much do condos at The Avenue cost?
Condos at The Avenue are currently asking from $1.3M to $1.4M. Final pricing varies by floor, line, square footage, finishes, and view.
Where is The Avenue located?
The Avenue is located at 4220 Laguna St, Coral Gables, FL, 33146, in the Coral Gables area.
What neighborhood is The Avenue in?
The Avenue is in Coral Gables, Coral Gables. You can compare every condo building, home inventory, and price trend across Coral Gables on its neighborhood guide.
What amenities does The Avenue offer?
The Avenue amenities include Rooftop pool with BBQ and relaxation area, Concierge services, Valet parking, WiFi included, Water included, Ground-floor retail space.