Regency Parc: The Catalyst for a Seismic Shift in Market

The first-of-its-kind ultra-luxury residential rental tower is redefining homeownership and giving the wealthy a way to extract their equity and transform it into a vehicle that will help fund their lifestyle in future years.

In a housing market grappling with complexity and change, Regency Parc emerges as more than a development—it’s a catalyst for a seismic shift in how high-net-worth individuals view homeownership, legacy planning, and lifestyle design. Located at 2601 Salzedo Street in the heart of Coral Gables, this ultra-luxury residential tower is setting a new precedent by offering an elegant solution to one of the most pressing questions facing today’s affluent property owners: How can I unlock the equity in my home and reallocate it to fund the next chapter of my life—without compromising quality, security, or lifestyle?

Liquidating Without Losing

For many empty nesters, entrepreneurs, and families with second homes across the country, the desire to simplify doesn’t mean downgrading—it means reimagining. Regency Parc provides a compelling alternative to the traditional single-family estate, allowing residents to extract the equity tied up in large homes and redirect it toward experiences, investments, philanthropy, or generational wealth planning.

“This building was designed with that exact transition in mind,” said developer Armando Codina, who will personally relocate to the project’s top-floor Skyhome with his family. “It offers a rare opportunity to maintain the feel of a single-family home—spacious, private, elegant—without the burden of ownership.”

With residences ranging from nearly 1,800 to over 12,000 square feet, the tower introduces an inventory of estate-style rentals unlike anything else in the Coral Gables market. Select larger residences—those over 3,400 square feet—will be offered on long-term leases, providing both flexibility and stability for those looking to make a permanent lifestyle shift without tying up capital.

Built for the Future—And for Peace of Mind

In an era marked by climate uncertainty and growing concerns over disaster preparedness, Regency Parc’s location offers unique environmental and infrastructural advantages. Unlike many coastal properties, the building is not located in a flood zone, not in an evacuation zone, and critically, it is positioned just blocks from emergency services, placing it within an area that receives priority reconnection to electricity in the event of a major storm.

“People are thinking more seriously about where they live—not just how it looks, but how it performs under pressure,” said Codina. “Regency Parc was designed with long-term resilience in mind.”

This strategic positioning ensures that residents won’t face the same vulnerabilities common to waterfront properties, while still enjoying all the benefits of an urban, walkable lifestyle in one of South Florida’s most desirable neighborhoods.

A Lifestyle Unlocked

The concept behind Regency Parc is as financial as it is emotional. It responds to a growing trend among affluent homeowners who are re-evaluating the true cost of ownership—from maintenance and taxes to risk exposure and liquidity constraints. By shifting into a luxury rental model with lock-and-leave flexibility, residents gain control over their assets, reduce lifestyle friction, and reclaim their time.

From large-format units and full-floor Skyhomes to amenities rivaling those of elite private clubs, Regency Parc’s offering is deliberately scarce—just 126 total residences, including two guest suites and two Skyhomes, promise an exclusive experience. The ground floor will also feature a world-class restaurant, adding to the building’s curated lifestyle ecosystem.

A Movement Begins

More than a building, Regency Parc represents a mindset shift. It challenges the outdated notion that downsizing must mean giving something up, and instead offers a blueprint for maximizing life through intelligent design, financial freedom, and peace of mind—something the building’s developer refers to as “right-sizing.”

For those who have worked hard to build their legacy, Regency Parc offers an opportunity to live it, protect it, and evolve it—all under one roof.