About The Avenue Coral Gables
Developed by Roger Development Group · Designed by Bermello Ajamil & Partners
The Avenue Coral Gables is a 9-story, 54-unit condominium at 4220 Laguna Street, directly across from the Village of Merrick Park’s shops and restaurants. Developed by Roger Development Group — a family-owned South Florida firm — and designed by Bermello Ajamil & Partners, it delivered fully furnished in 2024, one of the newest completed buildings in the Merrick Park district.
Building Fees & Assessments
MLS listings for The Avenue Coral Gables have shown a median association fee around $1.85/sqft/month -- shown per square foot, not as a flat dollar figure, since that's comparable across unit sizes rather than skewed by whichever units happen to be listed right now. This is a point-in-time reference, not a live figure, and can change over time. Confirm the current fee for a specific unit before making an offer.
Specific reserve fund balances, pending special assessments, and financial statements aren't public MLS data -- request them directly from the condo association or your agent before making an offer.
Rental Potential
See the live "Monthly rental from" figure above for The Avenue Coral Gables's current lowest asking rent, and the market snapshot's closed-lease count and median rent for actual rental demand over the trailing 12 months -- both update automatically, unlike a number written here. Specific rental rules -- minimum lease term, rentals allowed per year, and whether short-term/Airbnb-style rentals are permitted -- are set by the condo association and vary by building. Verify current rental restrictions directly with the association before buying as an investment.
Frequently Asked Questions
Is The Avenue Coral Gables pet-friendly?
Yes, The Avenue Coral Gables is generally pet-friendly. Verify current pet rules and any breed or weight restrictions directly with the building association before purchasing.
Can I rent out my unit at The Avenue Coral Gables?
Long-term rentals are generally permitted at The Avenue Coral Gables, though minimum lease terms and any short-term rental restrictions vary by building. Verify the current rental policy directly with the association before purchasing as an investment.
Are the units at The Avenue Coral Gables furnished?
Yes -- The Avenue was delivered as a fully furnished, turnkey building, a newer format aimed at buyers who want move-in-ready units without a separate furnishing process.
Reviewed by Carlos Olivares, FL License #3051724. Last updated September 2026.