Armando Codina Featured in Bloomberg: From Gables Estates Mansion to Regency Parc
Armando Codina, Executive Chairman of Codina Partners and the developer behind more projects than any other in the City of Coral Gables, was recently featured in Bloomberg for a significant milestone in both his personal life and his company’s vision for luxury living in Coral Gables.
After decades of shaping South Florida’s real estate landscape, Armando is listing his waterfront Gables Estates mansion for $45 million and will soon move into Regency Parc, the ultra-luxury residential building in Downtown Coral Gables that offers spacious sky residences for standard and long-term lease. Codina purchased the land for his estate in 1995 for $1.2 million and built an incredible lifestyle compound; one of the most impressive and architecturally distinct in the elite enclave of Gables Estates. Now the most expensive zip code in the United States, the residence has appreciated dramatically in value, reflecting the remarkable growth of Miami’s real estate market. Its six bedrooms, library, 2,000-bottle wine cellar, waterfront pool, and rare, recessed dock that can accommodate a vessel up to 90 feet make it one of the region’s most iconic properties.
Regency Parc, opening in early 2026, embodies Codina’s vision for modern urban living. The 126-unit building offers residences up to 12,000 square feet with initial lease term options as little as thirteen months to as long as 5 years. Regency Parc is already attracting discerning residents, including high-profile pre-leases such as Richard Fain, chairman of Royal Caribbean Cruises, who secured a full-floor apartment.
Moving to Regency Parc is more than a lifestyle choice for Codina—it’s a strategic decision. By leveraging the equity from his Gables Estates home and putting it into solid, liquid investments, he is creating a model of wealth management that yields steady returns, all while simplifying his lifestyle and estate without compromising on luxury. This approach is also a key advantage he shares with prospective tenants, demonstrating how Regency Parc can help others simplify their lives while maximizing financial flexibility.
Rental pricing reflects the building’s exclusivity, starting at $8,200 per month for a two-bedroom unit and reaching $30,000 per month for a 6,000-square-foot residence. Codina’s own full-floor apartment spans 12,000 square feet, offering unparalleled views and amenities that define a new standard for luxury living in Coral Gables.
As Bloomberg highlighted, Codina’s move reflects a desire to simplify life while maintaining the highest level of comfort and sophistication. At Regency Parc, residents experience a lifestyle that blends elegance, convenience, and thoughtful design—all hallmarks of Codina Partners’ commitment to building communities that elevate every aspect of living.
