Coral Gables
Coral Gables is a well-known suburb of Miami with a population of about 49,000. It is considered to be one of the best cities in Miami-Dade county.
Also known as “The City Beautiful,” Coral Gables is known worldwide for its streets lined with Florida oaks, and well preserved ivy-covered mansions and historical landmarks such as the world-famous Biltmore Hotel and the Venetian Pool, both built in the 1920s. Its founder was George Merrick, who had the vision to create what we now know as the beautiful city of Coral Gables. It is home to the famous and well-loved Venetian Pool from the 1920s, carved from a rock quarry, with its stone grottoes, towers, and bridge. The Gables, as many locals call it, is one of Miami’s most well-loved and desired neighborhoods.
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CORAL GABLES, FL
Nestled in the heart of Miami-Dade County is Coral Gables, a historic resort city that has since become synonymous with elegance, luxury, and sophistication.
Best known for its lush landscapes and historical architecture, Coral Gables stands out as a haven for those seeking a taste of the high life, with the city’s luxury real estate selections attracting buyers and investors from around the world. It is a family-friendly city known for its central location, proximity to top public and private schools, and great shopping and restaurants.
Continue reading, as we dive into the plush world of Coral Gables’ high-end homes and unpack everything that makes this upscale, tropical paradise a wonderful place to invest and live in.
AN OVERVIEW OF ‘THE CITY BEAUTIFUL’
Coral Gables as we know it can be traced back to visionary developer George Merrick, who founded the city in the 1920s. Merrick, who moved to the area with his family as a child back in 1899, aimed to create a luxurious paradise out of this part of Florida’s sleepy backcountry, a feat that he completed in just a decade.
Often referred to as “The City Beautiful,” Coral Gables, FL is conveniently located just 1.7 miles south of Miami International Airport and is close to major highways, making it easily accessible to neighboring cities. Moreover, the city’s well-planned layout includes an extensive system of tree-lined streets and picturesque boulevards, providing its 50,000 residents with a pleasant and pedestrian-friendly environment.
At present, Coral Gables, FL is a thriving economic hub, with the city home to numerous multinational corporations, law firms, and financial institutions. Additionally, the city is a major tourist destination that attracts more than four million visitors each year, making it rife with investment opportunities.
HOMES FOR SALE IN CORAL GABLES, FL
Much like the rest of South Florida, Coral Gables has a very competitive housing market, with the demand for homes going head-to-head with the area’s inventory of properties. These homes tend to sell after just under two months on the market, a direct result of the high demand for properties in the area.
According to industry experts, buyers are drawn to Coral Gables homes for sale because of:
- The exclusivity and prestige of Coral Gables
- The strategic location
- The robust Coral Gables economy
- The wide variety of available properties
- The dedication to preserving its historical charm
- The dedication to preserving green spaces
- The opportunities posed by ongoing and future development projects
All contribute to the desirability of the area and its luxury offerings.
Property types in Coral Gables, FL
The diverse set of luxury real estate properties for sale targets specific tastes and preferences.
Mansions and sizable estates are among the most recognizable luxury properties you can find when looking at Coral Gables homes for sale. These massive properties are all about grandeur and come with sweeping grounds, lush gardens, and gorgeous architectural elements. Many of these estates include amenities such as private tennis courts, guest homes, and beachfront access, allowing their residents to experience the ultimate in luxury living.
Historic homes stand out in Coral Gables, given the city’s strict dedication to maintaining its historical charm, These properties can be found in areas such as Coral Way, Alhambra Circle, and Indian Mound Trail, and are suitable for those who wish to live in properties with distinct character.
Waterfront properties line the picturesque canals of Coral Gables and the shimmering Biscayne Bay. Given their location, these types of Coral Gables homes for sale tend to have private boat docks and provide easy access to the water, making them perfect for those seeking an upscale, waterfront lifestyle in a serene and exclusive setting.
All these homes come in a wide range of architectural styles. They include Mediterranean Revival, Spanish Revival, Italianate, Modern, Contemporary, and a smattering of Florida’s distinctive Art Deco style.
High-end condominiums, meanwhile, are concentrated in the downtown area. They boast first-rate amenities such as concierge services and 24/7 security, as well as easy access to fitness centers, restaurants, and shopping centers. As such, condos in Coral Gables are an appealing option for those who want to live or invest in an area close to where the action is.
Homes next to some of South Florida’s most prestigious golf courses are in high demand. Golf enthusiasts will find themselves just minutes away from the top greens, with such Coral Gables homes for sale offering easy access to facilities such as tennis courts, fitness centers, and in-house restaurants.
The most popular neighborhoods in Coral Gables, FL
Coral Gables, FL, is a haven for luxury living, boasting several sought-after neighborhoods that cater to those seeking opulent homes and a lifestyle to match. Here are some of the most popular neighborhoods you can find in this gorgeous coastal city:
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Gables Estates is a wealthy and sought-after waterfront enclave in southern Coral Gables, FL. This posh neighborhood has no more than 200 luxury residences, each one situated on the winding waterways that link to Biscayne Bay and direct access to the open waters and stunning views of the ocean. Gables Estates homes are primarily built in the Mediterranean, Spanish, and Contemporary styles, and often feature amenities such as tropical gardens, large swimming pools, private docks, and luxurious outdoor entertaining areas. Contact us for available homes for sale in Gables Estates.
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Cocoplum is another sought-after waterfront neighborhood in Coral Gables with more than 300 top-tier properties. Look for stunning Mediterranean mansions, Tuscan-inspired villas, and sleek, modern estates. Cocoplum is also known for its top-of-the-line amenities such as a private marina, a fully kitted-out yacht club, a fitness center, tennis courts, a community pool, playgrounds, and a community clubhouse, all of which can be enjoyed by its residents. Contact us for available homes for sale in Cocoplum.
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Hammock Oaks is a gated neighborhood featuring gorgeous lakefront properties. There are just around 100 custom estates in this enclave, giving it a sense of ultra privacy. Roughly half of the properties are set on a beautiful lake at the heart of the neighborhood and feature private docks, making it perfect for residents looking to enjoy a good time on the waters. Contact us for available homes for sale in Hammock Oaks.
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Sunrise Harbour is home to just 80 unique waterfront houses. This small gated neighborhood is located in the southern part of Coral Gables, FL. Homes are perched on either the Biscayne Bay waterfront or the inlets found in the Coral Gables Waterway. Despite the neighborhood’s relatively small size, homes in Sunrise Harbour are on average very spacious, with huge yards, large floor plans, and incredible views of both the waterways and the Miami skyline. Contact us for available homes for sale in Sunrise Harbour.
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Gables By The Sea is one of the oldest and most established communities in Coral Gables, FL. Gables By The Sea got its name from the many inlets that weave throughout the community and feed out into Biscayne Bay. An idyllic, tree-lined neighborhood, Gables By The Sea is noted for its sprawling custom Ranch-style and multi-level Contemporary homes. All sit on large lots and feature high-end details such as vaulted ceilings, imported stone and marble flooring, luxurious bathrooms, open layouts, and spacious bedrooms, with elevators built into some of the biggest homes. Contact us for available homes for sale in Gables By The Sea.
LIVING IN CORAL GABLES, FL
With its thriving arts and culture scene, a vibrant collection of shopping and dining destinations, and status as a major financial hub, it’s safe to say that investing in a Coral Gables home means getting to live in one of the best cities in South Florida.
Here are some of the things to expect when living in Coral Gables, FL:
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Coral Gables has a robust economy. In spite of the higher cost of living, given the prestige of living in Coral Gables, the city has a very robust economy. The median household income is t $113,623, which is nearly double the national average of $69,021. This, coupled with Florida’s lack of income and estate taxes, means residents can have a comfortable and fulfilling life in South Florida’s Garden City. Plus, homebuyers and investors alike should note the scores of construction and development projects that bode well for the future of Coral Gables, FL.
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Coral Gables is home to top-performing schools. Coral Gables, FL is home to quality schools, making it a good location for families with school-age children. These include Coral Gables Preparatory Academy, which was awarded the Elementary Blue Ribbon School of Excellence Award by the U.S. Department of Education, and Coral Gables Senior High and Gulliver Preparatory School, which are noted for their rigorous academic programs.
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Coral Gables is brimming with shopping and dining options. Coral Gables, FL offers a wealth of choices when it comes to shopping and dining. For instance, residents and visitors looking to engage in retail therapy can pay a visit to Miracle Mile. Located on Coral Way between LeJeune Road and Douglas Road, Miracle Mile dates back to 1922, and is home to several high-end retail establishments, designer ateliers, furniture shops, and theaters, making it one of the most sought-after destinations for shopping and entertainment in the City Beautiful. Another major shopping destination in the area is The Shops at Merrick Park, an outdoor shopping mall anchored by high-end department stores Neiman Marcus and Nordstrom. Also very popular for its unique boutiques and restaurants is Sunset Drive, a pedestrian and family-friendly street in the heart of Coral Gables.
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Coral Gables, FL will delight foodies. Selections include Zitz Sum, a James Beard Award-nominated restaurant with a reputation built on its unconventional approach to dim sum. Another must-visit is the Michelin-starred Fiola, which serves impeccable renditions of Italian favorites. Meanwhile, the husband-and-wife team that owns Frenchie’s Diner offers classic Gallic dishes served in a casual setting.
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Coral Gables has no shortage of outdoor attractions. Aside from some of the best shopping and dining options in South Florida, Coral Gables also takes outdoor recreation seriously, with the city operating several top-rated attractions. These include the War Memorial Youth Center, the Coral Gables Golf and Country Club, the William H. Kerdyk Biltmore Tennis Center, the Salvadore Tennis Center, the Venetian Pool, and the Granada Golf Course, all of which offer hours of fun and enjoyment to residents and tourists alike. The Venetian Pool, in particular, is notable for being a former rock quarry from which materials were extracted to build Coral Gables from the ground up. It was later turned into a pool in 1924, holding 820,000 gallons of fresh water from an underground aquifer and artesian wells. It features stone grottos and a bridge and is listed in the National Register of Historic Places.
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Coral Gables has a vibrant cultural scene. Some of the must-visit attractions in the city include the historic Actors’ Playhouse at Miracle Theatre, which hosts both touring Broadway showstoppers and local productions; The Coral Gables Art Cinema, which is known for screening top independent, foreign, and documentary films; the Coral Gables Museum, which takes visitors on a deep dive through the neighborhood’s history and cultural landscape; and the Fairchild Tropical Botanic Garden, a living museum that’s home to an extensive collection of exotic plants and outdoor art installations.
EXPLORE PREMIUM REAL ESTATE OPTIONS IN CORAL GABLES, FL
Whether you’re a first-time investor or a seasoned buyer, working with experts like our team at Great Properties International Realty will help you identify and secure the kind of property you’re after in Coral Gables, FL.
As a boutique real estate company, Great Properties International Realty focuses entirely on luxury real estate. We have over 15 years of experience in helping our clients discover their ideal homes in South Florida’s tropical paradise.
Our team is made up of about 100 bilingual and multicultural agents, all of whom have years of experience in the luxury housing market. Furthermore, to ensure that our clients’ transition to Coral Gables goes as smoothly as possible, we also have a tried-and-true network of lawyers, inspectors, designers, architects, and contractors at their disposal.
Explore your luxury real estate options in Coral Gables, FL today. Give the Great Properties International Realty team a call at 305.215.1686 or send us an email here to find homes for sale in Coral Gables to live or invest in.