Ponce 8

Shoma HQ

Mixed

Mixto

Commercial

Comercial

Residential

Residencial

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Ponce 8 will stand as a timeless addition to Coral Gables’ skyline, offering a curated collection of residences that blend classic elegance with modern comfort. This sophisticated address will also feature premier commercial space envisioned for fine retail or signature dining. At its heart, an exclusive amenity deck will provide a pool, refined clubhouse, and thoughtfully designed coworking spaces; each crafted to reflect the charm and prestige of The City Beautiful.

Con un diseño que fusiona sofisticación y encanto, Ponce 8 llega para redefinir la vida residencial en Coral Gables, ofreciendo una colección de residencias cuidadosamente concebidas para combinar la elegancia clásica con el confort moderno. Contará también con exclusivos espacios comerciales, ideales para albergar boutiques de lujo o propuestas gastronómicas de autor. Un exclusivo nivel de amenidades reunirá una piscina, un elegante salón social y espacios de coworking diseñados, cada uno reflejando el encanto y el prestigio de 'The City Beautiful'.

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* Disclaimer: This project is no longer under SHOMA'S Management

* Aclaración: Este proyecto ya no está bajo la administración de SHOMA.

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Press

Recent

May

2026

South Florida Business Journal

Ponce 8

Shoma Group buys Coral Gables development site for $13M

Shoma Group, led by Masoud Shojaee and The Real Housewives of Miami star Stephanie Shojaee, paid a combined $13.25 million to assemble a development site in Coral Gables.

Shoma Group Proposes ‘Ponce 8’ for 3850 SW 8th St, Coral Gables, FL

Ponce 8 would rise 16 stories, featuring both residences and commercial space. Regarding the residential aspect: current plans call for 201 apartments, 40 percent of which would be designated as affordable housing to gain incentives from the Live Local Act. These homes would be reserved for tenants earning up to 120 percent of the area median income (AMI). According to Coral Gables, the city’s median household income is currently $127,834.

South Florida developer plans Coral Gables' first Live Local Act project

Developer Masoud Shojaee’s Shoma Group is proposing Ponce 8, a new multifamily development at the entrance of Coral Gables, Florida, and the city’s first Live Local Act project.

Live local Ponce 8 planned in Coral Gables with Mediterranean bonus

Developer Shoma Group has announced for a Live Local project in Coral Gables called Ponce 8. The mixed-use development is proposed to rise 16 stories, which is the maximum height permitted in the area, near the historic Douglas Entrance. The developer did not say how many residential units would be included. It would include over 18,000 square feet of non-residential space, the developer said. In addition to a Live Local designation, the developer will also apply for the city’s new Mediterranean Bonus.

Shoma Group plans high-rise Live Local Act project in Coral Gables

The developer has a strip of retail buildings under contract.

Shoma Group plans Ponce 8, Coral Gables first Live Local project

A 16-story tower from SHOMA Group is rising near Coral Gables' historic Douglas Entrance, marking the city's first development under Florida's Live Local Act. The mixed-use project, designed by PPKS Architects, sits strategically between Ponce de Leon Boulevard and Douglas Road along Tamiami Trail, introducing affordable housing options to one of Miami's most exclusive neighborhoods.

jun

2023

New Times

Shoma Bazaar

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