Coral Gables

Coral Gables, located seven miles southwest of Miami, offers an old-world approach to luxury coastal living in South Florida; a sizable portion of the market consists of older residences dating back to 1939, the early years of Coral Cables. The man behind this so-called City Beautiful, George Merrick, was inspired by the romance and grandeur of Spanish castles. Drive along the banyan-ruled streets of Coral Gables past bubbling fountains and Mediterranean piazzas, and chances are you’ll forget you’re in the center of Florida’s largest metropolis. Instead, some faraway European city may come to mind, and that’s just how developer George Merrick wanted it. His vision can be seen in the local real estate market, where palatial waterfront estates, impressive single-family homes, and even condos have signature Mediterranean Revival features.

This city is a great place to raise a family. The traffic circles make it nearly impossible to speed through residential neighborhoods, and the city has one of the lowest crime rates in Miami-Dade County.

The market's median real estate value is around $1,285,000, with home prices ranging from the low $500,000s to $40 million or more.