$8,724,604Average Value$2,500Average Price per Sq Ft21Homes For Sale
A coastal paradise for outdoor lovers
From gated, canal-front communities with direct access to Biscayne Bay to large estates tucked away on quiet, tree-lined streets, the Gables Estates area of Coral Gables is known for its luxury and sophistication. “Gables Estates is one of the most prestigious neighborhoods in Miami,” says Andres Morales, a Realtor with Coldwell Banker Realty, who lives 10 minutes away in Pinecrest and has been selling real estate in Miami for the past several years. “Some of Miami’s top billionaires live here. They like the privacy and security. Plus, Miami is only a 10-mile drive north.” With top-rated schools, upscale shopping and fine dining nearby, Gables Estates has all the trappings of an elite enclave.
Many Gables Estates residents dock their boats in their backyards.
Fairchild Gardens by Gables Estates has outdoor spaces to host events.
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From bike paths to butterfly gardens
Old Cutler Road Trail, a 13.5-mile bike path, cuts through the neighborhood and is shaded by centuries-old fichus and banyan trees. Residents can bike it to Matheson Hammock Park and Marina, which offers a picnic pavilion made from coral rock, a full-service marina, and a beach with a manmade atoll pool that fills with the tide every day. The coast here is ideal for kiteboarding because the waters are calm and the ocean breezes are always active. Right below the park, Fairchild Tropical Botanic Garden features 83 acres of walking paths, lakes, rare tropical plants and a butterfly garden with over 40 species exhibited throughout the year.
Gables Estates residents can enjoy a manmade saltwater pool.
Matheson Marina in Gables Estates.
The Fairchild Gardens have a buterfly pavillion Gables Estates
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Large estates with resort amenities
Homes in Gables Estates are meticulously maintained, selling for between $4.5 million and $70 million. Architectural styles range from Mediterranean to contemporary, with lush and mature landscaping and resort-style amenities like pools, tennis courts and private docks. “The lots here are large — at least a half-acre to over a full acre of land in many cases,” Morales says. “It’s rare to see properties this large in Miami or Miami Beach. You can also keep up to a 100-foot boat docked at your home if you live on a canal with access to the bay.”
Modern mansion in Gables Estates.
Waterfront Italian-style villa with a large outdoor entertaining space in Gables Estates.
Italian-style villas are a common sight in the Gables Estates enclave.
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Art, mangos and chocolate
Carnival on the Mile is an annual two-day street festival along the Miracle Mile in Downtown Coral Gables, with local art, live music, food and children’s entertainment. Even closer, Fairchild Tropical Botanical Garden hosts events like the International Mango Festival and A Festival of Chocolate, each with cooking lessons, tastings, entertainment and samples.
Dining and shopping destinations
On the beach at Matheson Hammock Park, visitors can walk over to Noma Beach at Redfish, a waterfront restaurant known for its rooftop dining and coastal Italian cuisine. Glasshouse Café in the Fairchild Tropical Botanical Garden serves organic food made from local ingredients and boasts gorgeous views of the gardens. Whole Foods Market and Publix are about 3 miles east, and The Shops at Merrick Place, about 4 miles north, is an outdoor mall with stunning architecture and luxury brands, such as Gucci and Louis Vuitton.
NOMA Beach at Redfish restaurant in Gables Estates.
Glasshouse Cafe in Gables Estates.
Gables Estates locals love getting their lunch in The Glasshouse Cafe in the Fairchild Gardens.
The Whole Foods supermarket by Gables Estates offers plenty of organic produce.
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Nationally recognized schools
The schools that serve the community all received above-average grades from Niche. Sunset Elementary scored an A-minus and was designated an exemplary high-performing national blue-ribbon school by the U.S. Department of Education. Ponce de Leon Middle, a B school, features an International Baccalaureate Middle Years Magnet Program and is a designated gold STEM school. At Coral Gables Senior High, another A-minus school, students can choose from several career academies, including finance; business, management and information technology; and visual and performing arts.
Public transit and highway access
Gables Estates offers easy access to the Miami International Airport via the Palmetto Expressway, about a 15-mile trip. Downtown Miami is about 10 miles up Route 10/South Dixie Highway, passing the University of Miami, just 3 miles north en route. Miami-Dade Metrobuses stop in Gables Estates, such as the 73 and 136, and the closest Metrorail station is Dadeland North, 3.5 miles east on Southwest 88th Street.
Other important information
The nearby University of Miami enrolls over 19,000 students, bringing a vibrant energy to the area. St. Thomas Episcopal Church at the corner of Southwest 88th Street and 57th Avenue offers weekly mass, socials, and men’s and women’s groups. The closest hospital, Baptist Health South Maimi, is less than 3 miles away. According to the CAP Index, Gables Estates is one of the safest communities in the country, although it's also very susceptible to flooding due to its proximity to major bodies of water, such as Biscayne Bay.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Linda Maria Erice,
an experienced agent in this neighborhood.
Parks in this Area
Dison Park
Dante Fascell Park
Matheson Hammock Park
Bike Trails
Fishing
Picnic Area
Fairchild Tropical Botanic Garden
Picnic Area
Trails
Events
Banyan Drive Park
Trails
Multi-Purpose Field
Leucadendra Park
Tennis
Transit
Airport
Miami International
26 min drive
Crime and Safety
1 - Low Crime, 10 - High Crime
Gables Estates
US
Homicide
1
4
Sexual Assault
1
4
Assault with Weapon
1
4
Robbery
1
4
Burglary
1
4
Motor Vehicle Theft
1
4
Larceny
1
4
Crime Score
1
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Gables Estates, Coral Gables sell after 148 days on the market compared to the national average of 47 days. The average sale price for homes in Gables Estates, Coral Gables over the last 12 months is $11,530,625, down 31% from the average home sale price over the previous 12 months.
Nestled within the ultra-exclusive, guard-gated community of Gables Estates, this nearly 1-acre waterfront lot presents a rare opportunity to build a custom dream estate. Boasting 175 feet of water frontage, this prime parcel is a haven for yachting enthusiasts. Surrounded by lush landscaping & multi-million-dollar estates, it offers the perfect blend of privacy, security, & prestige in one of
Nestled within the ultra-exclusive, guard-gated community of Gables Estates, this nearly 1-acre waterfront lot presents a rare opportunity to build a custom dream estate. Boasting 175 feet of water frontage, this prime parcel is a haven for yachting enthusiasts. Surrounded by lush landscaping & multi-million-dollar estates, it offers the perfect blend of privacy, security, & prestige in one of
Located in the exclusive, gated community of Hammock Lakes, this tropical modern estate is a private sanctuary surrounded by mature oaks and lush landscaping. With 7 bedrooms and 8.5 bathrooms, the residence is filled with natural light, featuring floor-to-ceiling windows and doors that create a seamless indoor-outdoor flow. A true chef’s kitchen opens to a spacious family room and a fully
A rare opportunity to live in the exclusive gated community of Banyan Drive in Coral Gables. Take advantage of this "Best Price in Class" property in all of the Hammocks in Coral Gables. This spacious and peaceful home is nestled into nature, boasting an oversized lot shy of an acre, features 5 bedrooms, 4 bathrooms, ample storage, a private tree-house and an air-conditioned garage for 2 cars.
Mid-century sanctuary in gated Hammock Lakes with a front row seat to sunsets over the lake. Lake-front easy living floor plan. Includes flowing social areas and great outdoors with spectacular lake view. 1 story, 4 bedrooms + office. A peaceful and private retreat, close to top-rated schools, parks and entertainment, with easy access to business centers and MIA.
Nestled on almost 3/4 acre of mature oaks and lush vegetation in the newly gated community of Snapper Creek Oaks, this striking 2-story home is perfectly suited for those individuals who demand a distinct architectural style. Designed for the tropics with walls of glass, expansive decks and gorgeous pool. Polished concrete floors throughout first floor, sisal carpeting upstairs. Huge 2-car (or
Interested in learning more about homes in this area?
Reach out to
Linda Maria Erice,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
1,155
Median Age
49
Population Density
2 ppl/acre
Population under 18
20.3%
On par with the national average
23.8%
Population over 65
27%
Above the national average
19.1%
Finances
Median Household Income
$201,099
Significantly above the national average
$71,702
Average Household Income
$205,428
Education and Workforce
High School Graduates
98.3%
College Graduates
71%
Significantly above the national average
34.1%
Advanced Degrees
39.7%
Significantly above the national average
13.3%
% Population in Labor Force
67.4%
Weather
Annual Precipitation
68''
Average Winter Low Temperature
62°F
Average Summer High Temperature
91°F
Annual Snowfall
0''
Area Factors
Somewhat Bikeable
Bike Score®
37/ 100
Car-Dependent
Walk Score®
3/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
