Coral Gables

Luxury Estates & Mediterranean Architecture

Coral Gables is one of America’s great planned cities — a masterpiece of Mediterranean Revival architecture conceived by George Merrick in the 1920s. Today it stands as one of Florida’s most prestigious residential addresses, home to the University of Miami, top-ranked private and public schools, and some of the most beautiful estate homes in South Florida. The “City Beautiful” consistently ranks among the highest-value real estate markets in Miami-Dade County.

Coral Gables Real Estate Market 2026

Home prices in Coral Gables range from $1M for a modest older home to $20M+ for a fully updated waterfront estate in Gables Estates (recently named the most expensive neighborhood in the United States). The average price per square foot for luxury homes in Coral Gables runs $600-$1,200, depending on location, condition, and water access. The Miracle Mile commercial district and Giralda Avenue anchor a vibrant dining and shopping scene at the neighborhood’s heart.

Pre-Construction in Coral Gables (2026)

• Ponce Park Residences — Coral Gables, from $1,500,000
• The Avenue Coral Gables — 301 Altara Ave, from $1,200,000
• The Village at Coral Gables — 2900 Ponce de Leon Blvd, from $900,000

Frequently Asked Questions

Q: What makes Coral Gables real estate so valuable?
A: Strict architectural guidelines (every new building must respect the Mediterranean Revival style), top-rated schools, proximity to the University of Miami and Brickell’s financial district, lush tree canopy, excellent city services, and genuinely beautiful architecture combine to make Coral Gables one of the most desirable addresses in South Florida.

Q: Are there waterfront homes in Coral Gables?
A: Yes. Coral Gables has extensive waterfront on Biscayne Bay, with prestigious communities like Gables Estates, Cocoplum, Old Cutler Road, and Gables by the Sea offering direct bay access and private boat docks.

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