Coral Gables offers almost eleven thousand (11,000) single family homes on beautiful tree-lined streets in many separate neighborhoods. Known as "The City Beautiful", it is easy to see why George Merricks' vision has become one of the most desirable communities of Miami in which to live.
Coral Gables is one of the nation's first Planned Urban Developments or PUDs. The architecture features what is called "Old Spanish Mediterranean Revival", with barrel tile roofs, pastel colored stucco and lush tropical landscaping. Many older homes feature Miami-Dade county pine board flooring or saltillo tile floors. The charm and beauty of these fine homes cannot be overstated.
While Coral Gables' most famous building is the classic Biltmore Hotel, residents of Coral Gables enjoy many superb restaurants, boutiques, theaters and art galleries in equally charming settings. Miracle Mile, in the center of downtown Coral Gables, features dozens of fine restaurants and specialty stores. Actually a part of Coral Way (SW 22nd Street), Miracle Mile is miraculously one-half mile in length running East to West from Douglas Road (37th Avenue) to LeJeune Road (42 Avenue). I suppose when you count both sides of the street is adds up to one Miracle Mile!
The Village of Merrick Park is also a frequent destination for shoppers from around the globe and also features many fine restaurant, boutique shops as well as being anchored by Nordstrom and Neiman Marcus. Specialty shops include Coach, Gucci, Jimmy Choo, Tiffany & Co. and Victoria's Secret along with dozens more. Merrick Park is also home to Equinox Fitness. This open air tropical mall is the perfect spot for a leisurely lunch after a hard day of shopping.
Coral Gables features many exclusive luxury waterfront single-family home developments like Cocoplum, Gables Estates, Gables by the Sea, Deering Bay Estates, Snapper Creek, Tahiti Beach and Journey's End as well as many wonderful open street areas like the North Gables, the Platinum Triangle and the Gold Triangle. These different neighborhoods offer homes to enjoy that range from a small three bedroom and two bath Old Spanish on a five thousand square foot lot to a massive 12,000 square foot compound on several acres with direct ocean access for your yacht.
Coral Gables is home to many corporations and their executives live here and enjoy this beautiful city. As home to the University of Miami, Coral Gables offers residents access to many wonderful art, music and cultural events and, of course, nationally competitve sports programs...Go 'Canes!
Coral Gables homes hold their value over time. Currently there are less than three (3%) percent of these homes on the market. Many sell quickly for over the asking price as the demand for Coral Gables living is extremely high. The prices currently start around three hundred thousand ($300,000) dollars for the least expensive, smallest home on a busy street and go up to over fifteen million. ($15,000,000).
Coral Gables Home Construction Data
Coral Gables has approximately 10,800 homes built from the 1920's to the present. The following table shows the number of homes built by decade.
|Number of Homes
|1930 to 1939
|1940 to 1949
|1950 to 1959
|1960 to 1969
|1970 to 1979
|1980 to 1989
|1990 to 1999
|2000 to 2009
|2010 to 2018