Estate
Median list price
$1,875,000
For-sale active inventory
Price / sq ft
$923
Across active listings
Active inventory
237
On the market right now
Median days on market
75
Well-priced units move faster
✦ Computed live from MIAMI MLS active inventory · refreshed every few hours · updated July 21, 2026
Market pulse
How Coral Gables is trading
Median asking price by month listed, plus how active inventory splits — all live from MIAMI MLS active listings (not closed sales).
Median list price, by month listed
12-mo avg
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
-44.5%
Median list, recent vs. earlier
$2,386,704
12-month average
237
For-sale listings
What's on the market, by price
Share of active for-sale inventory
Under $500K
11% · 27
$500K – $1M
16% · 39
$1M – $3M
41% · 97
$3M – $10M
27% · 63
$10M+
5% · 11
By the numbers
Inside Coral Gables, by ZIP
Each pocket of Coral Gables trades at its own price and pace — here's how its ZIP codes compare on live for-sale inventory.
Recently sold in Coral Gables (2)
Public MIAMI MLS closingsClosed-sale data from the MIAMI MLS · deemed reliable but not guaranteed. MiamiCityRealty.com was not necessarily involved in these transactions; the listing and selling brokerages credited above are the parties to each sale.
The insider read
Why Coral Gables is different
Coral Gables wasn’t built — it was designed. In 1925, George Merrick laid out 14 square miles of Mediterranean Revival neighborhood with banyan-lined streets, no commercial signage visible from residential streets, a Venetian-style pool quarried from old coral rock (Venetian Pool, still open today), and an architectural code so strict that almost a century later, every new home must still be approved by the Board of Architects. The result is the only place in Miami that still feels like Miami did before Miami was Miami. People who live here move away from waterfront Brickell to be here. That tells you everything.
What confuses most buyers — including buyers with $10M to spend — is that “Coral Gables real estate” actually covers four distinct markets that don’t really overlap. Prices, lifestyle, renovation rules, schools, and resale dynamics differ by 10x between them.
The four Coral Gables markets
- Homes — single-family Mediterranean Revival in the historic neighborhoods (Granada, Country Club, Riviera, French/Italian Villages). Architectural Board oversight on every exterior change. $1.5M–$5M typical. Walkable to downtown Coral Gables.
- Mansions — the architect-signed historic showpieces within city limits but not gated. 5,000–15,000 sqft, on lots of half-acre or larger, often architect-attributed (H. George Fink, Phineas Paist, Walter DeGarmo, the original Merrick-era designers). $5M–$15M. A category that sits between the standard historic homes and the gated estates — and one buyers consistently miss because the MLS doesn’t search for “mansion.” Named houses, named architects, named streets — Granada Boulevard, Coral Way, San Sebastian Avenue.
- Estates — gated luxury communities (Gables Estates, Cocoplum, Tahiti Beach, Snapper Creek Lakes, Old Cutler Bay, Hammock Lakes). $5M–$50M+. Direct deep-water boating in three of the six. HNWI privacy, multi-generational wealth. Not architecturally restricted the same way historic-section homes are.
- Buildings — boutique condos clustered around Miracle Mile, Ponce de Leon Boulevard, and Merrick Park. $500K–$5M. Smaller buildings (50–300 units, not Brickell’s 1,000-unit towers). Professionals working in the Coral Gables business district.
A buyer searching “Coral Gables real estate” without specifying which of the four is going to get a wildly mixed list that wastes everyone’s time. The first conversation we have with any Coral Gables buyer is figuring out which of the four markets they’re actually in — and then which sub-pocket within it.
The estates — gated, deep-water, generational
Six gated estate communities define Coral Gables’s ultra-luxury tier. Knowing which one fits your life isn’t a marketing exercise — these places have meaningfully different cultures, water access, and resale dynamics.
- Gables Estates — the top of the tier. ~180 homes on canals with direct Biscayne Bay access (no fixed bridges; megayachts welcome). 24-hour gate, private security force. Sales routinely clear $20M; a few transactions in the $40M–$50M range. The neighborhood that established Miami’s “ultra-private waterfront” archetype. Famous residents you’ve heard of and many you haven’t.
- Cocoplum — south of Old Cutler Road, also waterfront. Newer than Gables Estates (most homes built 1985–2010), slightly larger lots, less old-money cultural weight but easier to buy into. $8M–$25M typical.
- Tahiti Beach — small (about 60 homes), island-feeling, behind two gates. Direct ocean access. The “almost private island” alternative to Indian Creek without the Indian Creek price.
- Snapper Creek Lakes — lakefront, not bayfront. No direct boating to the ocean (you’d need to trailer out). Big yards, slightly more “settled” feel than Cocoplum.
- Old Cutler Bay — older established estates along Old Cutler Road and Biscayne Bay. Big banyan-shaded lots, traditional architecture. $5M–$15M.
- Hammock Lakes / Hammock Oaks — slightly inland from the bay, gated but quieter. Where you go if you want the gated-community privacy without the deep-water price premium. $3M–$8M.
The boating question. Three of the six gated estates have direct boat access to Biscayne Bay with no fixed bridges (Gables Estates, Cocoplum, Tahiti Beach). The other three either have constrained access (low bridge) or no waterfront. If a megayacht is in the lifestyle picture, that constraint narrows the choice from six to three before you tour anything.
The mansions — architect-signed showpieces (not gated, but trophy)
Between the standard historic homes ($1.5M–$5M) and the gated estates ($5M–$50M+) lives a category that most buyers — and most agents — collapse into “luxury homes,” missing the point entirely. Coral Gables mansions are the architect-signed Mediterranean Revival trophies that George Merrick’s original team built in the 1920s and 1930s: H. George Fink, Phineas Paist, Walter DeGarmo, Denman Fink, Paul Chalfin. Many have names. Many have been featured in Architectural Digest. All of them carry historic-district protections that turn them into long-hold trophies for the right buyer — and budget-eating renovations for the wrong one.
What makes a Coral Gables mansion (vs a Coral Gables home)
- Size — 5,000 to 15,000+ square feet; lots of half-acre to two acres. Bigger than standard Coral Gables lots, smaller than the gated estate parcels.
- Architect attribution — designed by a Merrick-era named architect or a later notable (Russell Pancoast, Robert Law Weed, Alfred Browning Parker for mid-century).
- Original architectural integrity — barrel-tile roofs, hand-carved limestone, courtyards, ironwork, original wood floors. Many were owned by Miami’s first families.
- Historic District designation — most sit in protected districts (Granada, Country Club, Coral Gables Historic, etc.), meaning the Board of Architects review is especially tight on exterior changes.
- Marquee streets — Granada Boulevard, Coral Way (between LeJeune and Granada), San Sebastian Avenue, Tigertail Avenue, Casiano Avenue, Andalusia Avenue, the Country Club section.
Mansion streets to know
- Granada Boulevard (between Coral Way and Old Cutler) — the prestige spine. Multi-million dollar architect-signed homes line both sides; the canopy of royal palms is itself a landmark.
- Coral Way (Coral Gables stretch, between LeJeune and Riviera Country Club) — the original “Grand Boulevard” of Merrick’s master plan. Banyans, original 1920s mansions, the historic core.
- Country Club Section around the Biltmore — multiple original 1920s mansions still standing, some renovated, some original. Big lots, golf-course views.
- San Sebastian Avenue / Andalusia Avenue / Cordova Street — pocket streets in the Granada section with disproportionate concentration of named houses.
The renovation calculation. A Coral Gables mansion that needs work isn’t a fixer-upper in the normal sense — it’s a 12-to-24-month preservation project. Buyers planning to “modernize” a 1925 architect-signed home should budget $400–$700 per square foot for sympathetic renovations (kitchens, baths, HVAC, electrical, structural where allowed). Removing original architectural details is generally NOT allowed without Board approval — and approval is far from guaranteed. The smart play for buyers who want move-in-ready: pay the premium for an already-renovated mansion. The smart play for buyers who want to do their own thing: buy outside Coral Gables’s historic districts (Old Cutler corridor, Coconut Grove south, Pinecrest) and reproduce the aesthetic with modern construction.
The dirty secret of the mansion tier: the MLS doesn’t have a “Mansion” filter. These properties show up classified as “Single Family Residence” alongside $1.5M three-bedroom homes. Sorting by price isn’t enough either — some unrenovated 8,000 sqft architect-signed mansions list at $4M, while some new-construction mock-Mediterranean homes list at $6M. The way to actually find Coral Gables mansions is to know the streets, know the architects, and know who’s repping them. Most don’t go on Zillow — they trade through three or four agents who specialize in this tier. Talk to us before assuming a public search has surfaced the actual market.
The historic homes — Mediterranean Revival and the design board
Outside the gated estates, Coral Gables is a single-family-home city, and most of those homes sit in one of 49 designated historic districts. The City of Coral Gables’s Board of Architects reviews every exterior change — paint colors, roof tiles, window styles, additions, even mailbox materials. People either love this (the reason the Gables looks the way it does is precisely because of this) or they hate it (renovating costs more, takes longer, and you can’t paint your front door black).
Historic sections worth knowing
- Granada — the original section. Closest to the Biltmore Hotel and the Venetian Pool. Walkable to downtown Coral Gables. Smaller lots than the estates but architecturally the most “Coral Gables” of all Coral Gables.
- Country Club Section — surrounds the Biltmore golf course. Lots of mid-century homes mixed with 1920s originals. Walkable to Coral Gables Preparatory Academy.
- Riviera — north of downtown Gables, along Riviera Drive. A mix of original 1920s homes and tasteful new builds. Some teardown activity.
- French Country Village + Italian Village + Dutch South African Village — the famous themed micro-villages George Merrick designed as architectural showcases. Each is 8–20 homes deep. Highly walkable, intentionally European-feeling. Resale dynamics here favor owners who hold long-term.
- Coral Gables Section — central, large historic homes, deep lots. The everyday “Coral Gables single-family” most buyers think of when they say “I want a Coral Gables home.”
What the design board means in practice. Buyers planning a major renovation should budget 6–9 months of architectural approval before a single permit issues. Roof replacements must use Spanish tile in approved color ranges. Driveway materials are regulated. Window changes are scrutinized. A skilled local architect (the same names recur — Ramon Pacheco, De La Guardia Victoria, Touzet) is worth the fee both for design and for board-relationship reasons. Buying a Coral Gables home planning to gut-renovate immediately is a different project than buying anywhere else in Miami-Dade.
The buildings — boutique Coral Gables condos
Coral Gables has condos, but the buildings are smaller, lower, and considerably more refined than Brickell’s. Most cluster around Miracle Mile, Ponce de Leon Boulevard, and the Merrick Park retail district. If you’re downsizing from a Coral Gables home, expanding into your first city home, or working out of the Gables business district and want to walk to the office — this is your tier.
- Merrick Manor (4380 Ponce de Leon Blvd) — Astor Companies, completed 2019. 227 units, 11 stories. The largest of the recent boutique buildings. Walk to Merrick Park. Strong rental dynamics. $700K–$2.5M.
- The Plaza Coral Gables (3201 Ponce de Leon Blvd) — Agave Holdings, completed 2023. Mixed-use (offices, hotel, residences). The newest premier building. Two-story penthouses; one closed at $11M in 2024.
- 1212 Ponce de Leon — completed 2007. 122 residences, mixed-use with retail below. Established building, deep history of resales. Excellent for first-condo buyers — predictable resale, walkable.
- Gables Marquis (4242 Ponce de Leon Blvd) — boutique, ~50 units. Loft-style interiors. Younger building.
- Royal Park Gables — older (1980s), but waterfront-adjacent and quietly underpriced for what it is. The “good bones, not flashy” pick.
- Andalusia at the Gables — historic building (1925), converted to condos. For buyers who want a piece of original Coral Gables architecture with HOA convenience.
- The Village at Merrick Park — small, walking distance to the Merrick Park retail center (Neiman Marcus, Nordstrom). Quiet.
Coral Gables condos sell on different fundamentals than Brickell condos. Brickell sells on view, lifestyle amenities, and rentability. Coral Gables sells on character, walkability to Miracle Mile restaurants, and proximity to the schools. A Brickell PH with a megaview and a James Beard restaurant downstairs is one product. A Coral Gables condo where you can walk to a Sunday breakfast at Threefold and a school pickup at Riviera Schools is a completely different product.
Living in Coral Gables
Schools (the real driver)
Schools drive a meaningful share of Coral Gables buying decisions. The lineup that matters:
- Coral Gables Senior High — large public, magnet programs, A-rated. The flagship Coral Gables public school.
- Coral Gables Preparatory Academy — K–8 public charter. High-demand, lottery-based admissions.
- Riviera Day School / Riviera Schools — private K–8, well-regarded.
- Carrollton School of the Sacred Heart (Coconut Grove, but Gables-serving) — private girls’ K–12.
- Ransom Everglades (Coconut Grove, also Gables-serving) — private co-ed 6–12.
- Gulliver Preparatory — large private, multiple campuses including Pinecrest. Strong sports.
- Mater Academy / St. Theresa — Catholic options.
The restaurants
Downtown Coral Gables runs Miracle Mile (east-west) and Giralda Plaza (a closed pedestrian street perpendicular). Dinner options worth knowing: Bouchon Bistro on Giralda (Thomas Keller’s bistro — wine list is the real reason), The Local House, Doce Provisions (the Cuban-American power-lunch pick), Threefold (Australian-style breakfast, Sunday line is real), Beba (Argentine, romantic), Yumi at Coral Gables Country Club, Ortanique on the Mile (Caribbean, established), Christy’s (steakhouse, old-school).
Landmarks
- Biltmore Hotel — 1926, National Historic Landmark, the tallest building in Florida when it opened. Sunday brunch is a local institution. The pool is the largest hotel pool in the continental U.S.
- Venetian Pool — public, 820,000-gallon spring-fed pool quarried from coral rock in 1923. Filled daily from artesian wells.
- Coral Gables Congregational Church — Merrick’s first church, 1924.
- Merrick House — George Merrick’s childhood home, now a small museum.
- Merrick Park — outdoor luxury mall (Neiman Marcus, Nordstrom, Tiffany, Bottega).
- The University of Miami — borders the city; the southern Gables is the U-M neighborhood.
The downtown
Coral Gables is one of the few Miami neighborhoods with a real, walkable downtown. Miracle Mile (a four-block stretch of Coral Way) plus Giralda Plaza is dense with restaurants, the Actors’ Playhouse, bookstores, a flagship public library, and the City Hall. Downtown is walkable from most historic-section homes — a meaningful Quality of Life delta versus living in any other Miami suburb. The most-cited reason buyers move from a Cocoplum estate into a Merrick Manor condo: I want to walk to dinner.
Coral Gables market: what we’re watching in 2026
- Estate-tier demand is concentrating in Gables Estates. Of the six gated communities, Gables Estates has had the deepest 2024–2025 transaction volume at the top end. Cocoplum is more available but slower to clear at ask. Old Cutler Bay is genuinely undervalued by neighborhood comp; if old-money architecture and shaded streets matter more than 2010-spec deep-water docks, this is the smart play.
- Historic-home renovations are getting longer and more expensive. Board of Architects approvals are running 6–9 months. Two reasons: a thinner pool of design board-experienced architects, and post-Surfside structural review obligations that are bleeding over into single-family. Bake this into any renovation budget.
- The boutique condo market is finally maturing. The Plaza Coral Gables (2023) and the upcoming Merrick Park developments are pulling the Coral Gables condo tier into a real institutional product. Resale dynamics for the 2007–2019 cohort (Merrick Manor, 1212 Ponce) are tightening as buyers compare the older buildings against the new ones.
Live Coral Gables inventory by market tier
Every listing below priced in dollars AND Bitcoin. Tier filter is computed from MLS data — building sqft, lot size, bedroom and bathroom counts, gated-community membership. The MLS lumps a $2M historic home with a $30M Gables Estates trophy in the same “Single Family Residence” bucket. We don’t.
🏝️ Coral Gables Estates — Gables Estates, Cocoplum, Tahiti Beach, Old Cutler
Gated communities + 1+ acre waterfront. The trophy tier — direct deep-water boating in three of the six communities.
Estate
Estate
$8,495,000
4620 Granada Blvd, Coral Gables FL 33146 – Residential
Granada Blvd
- 7 beds
- 6.5 baths
- 8,600 sqft
Estate
$13,790,000
545 San Antonio Ave, Coral Gables FL 33146 – Residential
San Antonio Ave
- 8 beds
- 9.5 baths
- 7,772 sqft
Estate
Estate
Estate
🏛️ Coral Gables Mansions — architect-signed historic showpieces
5,000+ sqft, 0.34-0.99 acre. Mediterranean Revival on Granada Blvd, Coral Way, San Sebastian Ave, the Country Club Section.
Mansion
Mansion
Mansion
Mansion
Mansion
$13,500,000
277 Marinero Ct, Coral Gables FL 33143 – Residential
Marinero Ct
- 6 beds
- 7.5 baths
- 6,439 sqft
Mansion
🏠 Luxury Coral Gables Homes
3,500-5,000 sqft single-family. The premium of the standard historic-section market.
Luxury Home
$3,895,000
1255 Algardi Ave, Coral Gables FL 33146 – Residential
Algardi Ave
- 4 beds
- 4.5 baths
- 3,817 sqft
Luxury Home
Luxury Home
$5,750,000
5111 Alhambra Cir, Coral Gables FL 33146 – Residential
Alhambra Cir
- 5 beds
- 5.5 baths
- 4,178 sqft
Luxury Home
Luxury Home
$3,495,000
6500 SW 127th Street, Pinecrest FL 33156 – Residential
127th Street
- 5 beds
- 4 baths
- 4,166 sqft
Luxury Home
🏡 Coral Gables Family Homes
Standard Coral Gables single-family in the historic neighborhoods. The Board of Architects-protected character is the long-term value.
📍
Home
Home
$750,000
310 Ponce De Leon Blvd, Coral Gables FL 33134 – Residential
Ponce De Leon Blvd
- 3 beds
- 1 bath
- 1,040 sqft
Home
📍
Home
Home
Home
$2,150,000
1147 Sorolla Ave, Coral Gables FL 33134 – Residential
Sorolla Ave
- 3 beds
- 2 baths
- 1,776 sqft
🌃 Coral Gables Condo Estates & Penthouses
Whole-floor units at The Plaza Coral Gables and the premier Merrick Park-adjacent buildings.
Estate Condo
$2,699,000
13645 Deering Bay Dr # 123, Coral Gables FL 33158 – Residential
Deering Bay Dr
- 4 beds
- 4.5 baths
- 4,090 sqft
Estate Condo
$3,800,000
515 Valencia Ave # 802, Coral Gables FL 33134 – Residential
Valencia Ave
- 4 beds
- 4.5 baths
- 3,210 sqft
🏢 Boutique Coral Gables Condos
1,500-2,500 sqft units in Merrick Manor, 1212 Ponce, Gables Marquis, Andalusia at the Gables.
Luxury Condo
$997,800
55 Merrick Way # 831, Coral Gables FL 33134 – Residential
Merrick Way
- 3 beds
- 2 baths
- 1,553 sqft
Luxury Condo
Luxury Condo
$1,249,956
626 Coral Way # 503, Coral Gables FL 33134 – Residential
Coral Way
- 3 beds
- 2 baths
- 1,531 sqft
📍
Luxury Condo
Luxury Condo
$2,592,000
4241 Aurora Street # 609, Coral Gables FL 33146 – Residential
Aurora Street
- 2 beds
- 2.5 baths
- 1,969 sqft
Luxury Condo
$2,400,000
718 Valencia Ave # 403, Coral Gables FL 33134 – Residential
Valencia Ave
- 2 beds
- 2.5 baths
- 2,117 sqft
Coral Gables rentals — feeding the homeownership pipeline
Coral Gables rental inventory is the quiet path into the neighborhood. Renters often lease for 1-2 years to find the right historic block before buying, or test boutique-condo living via 12-month rentals. The rental tier is where future Gables ownership starts.
🏝️ Coral Gables Estate Rentals
$20K+/mo OR 4,000+ sqft. Mansion and estate rentals, often furnished — the snowbird and trial-period tier.
🌳 Coral Gables Premium Rentals
$8K-$20K/mo. Family-home rentals + boutique condo top floors.
🏘️ Coral Gables Luxury Rentals
$3K-$8K/mo. The upgrade tier — 2-3BR boutique condos and smaller historic homes.
Luxury Rental
Luxury Rental
Luxury Rental
Luxury Rental
Luxury Rental
$3,200
1300 Ponce De Leon Blvd # 500, Coral Gables FL 33134
Ponce De Leon Blvd
- 1 bed
- 1.5 baths
- 780 sqft
Luxury Rental
🏬 Coral Gables Rentals — Starter Tier
Under $3K/mo. 1BRs and studios — the lifecycle entry into a Coral Gables address.
Rental
$2,150
1210 S Douglas Rd # 3, Coral Gables FL 33134 – Residential Lease
Douglas Rd
- 2 beds
- 1 bath
- 878 sqft
Rental
Rental
Rental
Rental
Rental
Frequently asked questions
What’s the difference between Coral Gables and Gables Estates?
The City of Coral Gables is the 14-square-mile municipality founded in 1925. Gables Estates is one specific gated community within the city — the ultra-luxury waterfront enclave (180 homes) with direct deep-water boating access. Saying “I live in the Gables” might mean a $2M historic home; saying “I live in Gables Estates” specifically means a $10M+ gated waterfront home. The price difference between adjacent ZIP codes can be 5x.
What’s a Coral Gables “mansion” — and how is it different from an estate?
In Coral Gables, a mansion is an architect-signed historic single-family home, typically 5,000–15,000 square feet, sitting on a half-acre to two-acre lot, in a designated historic district but NOT in a gated community. Designed by Merrick-era architects (H. George Fink, Phineas Paist, Walter DeGarmo, Denman Fink, Paul Chalfin). Most concentrate on Granada Boulevard, Coral Way, San Sebastian Avenue, and the Country Club Section. Price: $5M–$15M.
An estate in the Coral Gables vocabulary specifically refers to homes in one of the six gated communities (Gables Estates, Cocoplum, Tahiti Beach, Old Cutler Bay, Hammock Lakes, Snapper Creek Lakes). Newer construction (1970s–present), more design freedom, typically with deep-water boat access in three of the six. Price: $5M–$50M+.
Same price range overlaps in places, but the products are fundamentally different. A mansion buyer values architectural provenance, walkability, Mediterranean Revival history, and a historic-district address. An estate buyer values privacy, water access, security gates, and design freedom. Different buyers, different value drivers, different agents.
What’s the average home price in Coral Gables?
Excluding the gated estates: median single-family is about $2.4M (2024). Boutique condos run around $850K median. Estate sections (Gables Estates, Cocoplum, Tahiti Beach, Old Cutler Bay, Hammock Lakes, Snapper Creek Lakes) average around $12M, with Gables Estates routinely clearing $20M and reaching $40–$50M for the top trophies. Always specify which market when comparing.
What does the Board of Architects do, and does it apply to me?
The City of Coral Gables’s Board of Architects reviews exterior changes to all single-family homes — roof materials, paint colors, fence styles, additions, even mailbox replacements in historic districts. It applies to every Coral Gables home outside the gated estates (and partially within them). Plan on 2–9 months of approval before any major exterior work. Hire a local architect with board relationships. Buying a Coral Gables home with renovation plans is a different project than buying anywhere else in Miami-Dade — bake the timeline and approval costs into the deal.
Which Coral Gables estate has direct boating to Biscayne Bay?
Three of the six gated estate communities have direct deep-water access (no fixed bridges between the home and Biscayne Bay): Gables Estates, Cocoplum, and Tahiti Beach. Snapper Creek Lakes is lakefront (no ocean access). Old Cutler Bay has some bayfront homes with constrained boating. Hammock Lakes is inland.
What are the best public and private schools serving Coral Gables?
Public: Coral Gables Senior High (A-rated), Coral Gables Preparatory Academy (K–8 charter, lottery), George W. Carver Elementary, Riviera Middle. Private: Riviera Schools, Carrollton (girls), Ransom Everglades (co-ed 6–12), Gulliver Preparatory, St. Theresa Catholic. Plan school enrollment before closing — Coral Gables school waitlists are real, especially for the private K–8s.
Are there condos in Coral Gables? Where?
Yes — but smaller (50–300 units) and more refined than Brickell’s mega-towers. Most cluster on Ponce de Leon Boulevard between Miracle Mile and Merrick Park, and around the Merrick Park retail district. Notable buildings: The Plaza Coral Gables (2023, newest premier), Merrick Manor (2019), 1212 Ponce de Leon (2007), Gables Marquis, Andalusia at the Gables. Price range $500K–$5M with two-story PHs at The Plaza clearing $11M.
How walkable is downtown Coral Gables?
Genuinely walkable — one of the few Miami-Dade neighborhoods you can describe that way honestly. Miracle Mile (four blocks of Coral Way) plus Giralda Plaza (a closed pedestrian street) gives you 30+ restaurants, the Actors’ Playhouse, a flagship library, bookstores, and the City Hall within a 10-minute walk. The historic-section homes (Granada, Country Club, Coral Gables Section) are within 15-minute walk of downtown. Merrick Park (outdoor luxury mall) is a separate walking district.
Coral Gables vs Pinecrest — how do they compare?
Both are established luxury suburbs of Miami. Pinecrest has bigger lots (the famous half-acre-plus zoning) and a more suburban, drive-everywhere feel. Coral Gables has smaller lots, denser tree canopy, walkable downtown, and the Mediterranean Revival architectural character. Schools are excellent in both. The honest call: Pinecrest if you want privacy and a tennis court, Coral Gables if you want to walk to dinner and live in a designed urban neighborhood. Prices are comparable for single-family; Pinecrest estates run a touch cheaper than Coral Gables estates of equivalent size.
What are property taxes like in Coral Gables?
City of Coral Gables millage rate runs about 5.6 mills, layered on top of Miami-Dade County (~5.6 mills) and the school district (~7.0 mills). Effective rate works out to roughly 1.8–2.0% of assessed value annually for a non-homesteaded property. Florida’s “Save Our Homes” cap limits annual assessed-value increases to 3% for homesteaded primary residences, which materially favors long-term owners over recent buyers. Run the numbers before assuming the seller’s tax bill — a recently sold $5M home will often pay 2.5–3x what a 20-year resident at the same address pays.
Get the Coral Gables market report — monthly, free
Estate-tier comps, historic-home transactions, the quietly-listed properties we hear about first, and the design-board pipeline that moves the market.
One short email. Zero spam. Cancel any time.
FIRST ISSUE LANDS WITHIN 5 DAYS
Other Miami-Dade neighborhoods we cover
- Brickell — Miami’s Bitcoin capital + financial district condos
- Miami Beach — South Beach, Mid-Beach, North Beach
- Wynwood — art-district lofts
- Coconut Grove — leafy waterfront, the Gables neighbor
- Aventura — sea-front condos + international hub
- Sunny Isles Beach — ultra-luxury HNWI corridor
- Edgewater — booming new-tower neighborhood
- Design District — luxury retail
- Key Biscayne — luxury island lifestyle
Condo buildings in Coral Gables
All 17 →On the market
In Coral Gables right now
Down the block
What the numbers say about living in Coral Gables
Each figure below is live from MIAMI MLS active inventory + FEMA flood data — nothing illustrative.
🌊
Flood reality
About 3% of active for-sale homes here are mapped in a FEMA Special Flood Hazard Area. Confirm a specific home's zone, elevation and insurance before you buy.
💵
What you'll pay
Median asking price is $1,875,000 (about $923/sq ft) — +134% vs MCR median.
🏠
What's available
Single Family Residence is the most common home type among the 237 homes for sale right now.
🔑
Renting here
Median asking rent is $4,200/month across 121 active rentals — useful if you're weighing rent vs. buy.
Miami Insider Report
Coral Gables price moves, in your inbox.
New listings and monthly market shifts. No spam.
Explore nearby neighborhoods
MiamiCityRealty.com LLC · 1000 5th St Ste 200, Miami Beach, FL 33139 · (305) 547-8912 · Robert Paulson, Broker · FL Lic. BK3286709. All MCR agents are REALTORS®, members of the National Association of REALTORS®. Equal Housing Opportunity. Median price, price-per-foot, inventory, days-on-market, the price trend and inventory mix are computed live from MIAMI MLS active for-sale inventory (not closed sales); the flood figure is from FEMA's National Flood Hazard Layer. All deemed reliable but not guaranteed and never an appraisal. Lifestyle and "best for" labels describe places, amenities and inventory — not people. In accordance with Florida §475.