$17,500,000
- 7 Beds
- 11 Baths
- 11,190 Sq Ft
7701 Old Cutler Rd, Coral Gables, FL 33143
Denis Suarez Coldwell Banker Realty
$17,500,000
7701 Old Cutler Rd, Coral Gables, FL 33143
Denis Suarez Coldwell Banker Realty
Coral Gables, FL, known as "The City Beautiful," is situated between downtown Miami and the Everglades. Envisioned by developer George Merrick in the early 1900s, the city features Mediterranean-style architecture, multimillion-dollar waterfront properties, historic homes, mature oak trees, and canals. Residents enjoy tranquil streets adorned with public art, orchid gardens, and farmers markets. The city boasts more than 60 parks and green spaces, including the Venetian Pool and the Biltmore Hotel, both popular attractions. The Miracle Mile offers a vibrant stretch of shopping, dining, and entertainment, with eateries like Bugatti Bistro and Michelin-starred Bouchon Bistro. Coral Gables hosts numerous cultural events, such as Carnaval on the Mile and Fourth of July festivities. Homes range from one-bedroom condos to seven-bedroom mansions, with a median single-family home price of $2 million. The city is served by highly rated schools, including International Studies Preparatory Academy and Gulliver Preparatory. The University of Miami, the largest employer, contributes to the city's international business presence. Coral Gables is well-connected, with U.S. Route 1 providing direct access to downtown Miami, 6 miles away, and Miami International Airport, 12 miles away. The Coral Gables Trolley offers free transportation along Ponce de Leon Boulevard.
On average, homes in Coral Gables, FL sell after 96 days on the market compared to the national average of 55 days. The median sale price for homes in Coral Gables, FL over the last 12 months is $1,300,000, up 6% from the median home sale price over the previous 12 months.