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Central Coral Gables

Central Coral Gables

Suburban Neighborhood in Miami, Florida

Miami/Dade County 33134

$1,266,037 Average Value
$679 Average Price per Sq Ft
39 Homes For Sale

If you're looking for a beautiful South Florida community that blends its history and future together on every tree-shaded street, look no further than Central Coral Gables.

The city of Coral Gables is well known for being a gorgeous place to live. It was developed in the 1920s by George Merrick, who had a clear idea of the kind of community he wanted to build: a beautiful garden of a city. His vision came to fruition quickly, and by 1925 the city was incorporated. Today, Coral Gables thrives as one of the best places to live in South Florida, particularly if you're looking to be somewhere close to downtown Miami, which is less than 5 miles east.

Many facets of the city's history are interwoven with the day-to-day lives of Central Coral Gables residents. From the 1920s Spanish Revival architecture to the century-old oak and banyan trees in folks' backyards, the Garden City's bygone days give this community's lush streets inimitable character and charm. Due west, you'll even come across George Merrick's historic home, now preserved as a small museum. Due east, however, you stumble out of Coral Gables' past and enter its present as a lively destination of a city. Downtown Coral Gables sits within walking distance of any home in the neighborhood, making for fun weekend day trips and quick errands.

As for properties, mid- and low-rise condominium buildings fan out around Biltmore Way, which owes its name to the nearby 4-star Biltmore Hotel. These homes typically go for anything between the low $300,000s for a 600-square-foot, one-bedroom, one-bathroom condo to $7 million for a new construction, 4,974-square-foot, five-bedroom, eight-bathroom town house. While new construction does pop up in the area frequently, much of the architecture, particularly among single-family homes, utilizes the same rustic detailing that the historic homes here are known for. Spanish Revival is the main style of single-family homes in Central Coral Gables; whether sprawled across a ranch-style home or stretched up a multifloor mansion, you'll see a lot of arches, stucco, barrel-room tiles and balconies. Of course, some midcentury modern gems are also in the area, giving the neighborhood some architectural variety from home to home. Prices for single-family properties range from the high $1 millions to just over $5 million. You can land a three-bedroom, three-bathroom, 1,826-square-foot ranch-style home on an 8,384-square-foot lot for $1.9 million. That said, these residences don't come on the market often in this community, and they sell fast.

"This is one of the top neighborhoods in the Miami area," says Trent Alvarado, a local Realtor with Keller Williams Elite. "It's great for families, but it's home to a mixed crowd; people of all ages live here. There are plenty of parks nearby. Everything is within walking distance, even the Miracle Mile." Entertainment on the north side of Coral Gables often boils down to two words: Miracle Mile. This premiere destination for shopping, dining and more can be found downtown on main road Coral Way, between LeJeune and Douglas Road. Catch a performance at the Actor's Playhouse, or sidle over to the Café at Books & Books. This well-loved bookstore has been a city fixture since the ‘80s, selling books, knick-knacks, delicious food and coffee. Across the block, there's also Tap 42 Craft Kitchen & Bar. You'll definitely want to this gastropub early on the weekend for their wildly popular bottomless brunch, including items like Tres Leches French Toast and cocktails, such as the "Don't Be a Prick" Margarita, containing prickly pear, Cazadores Blanco, basil syrup and fresh lime with a basil-salt half-rim.

Local students can begin school at Coral Gables Preparatory Academy, a mandatory uniform K-8 school rated with an A-minus on Niche. Students can remain there until high school or attend Ponce de Leon Middle, rated with a B on Niche, for grades six through eight. And for ninth grade up until graduation, there's Coral Gables Senior High, which received a B-plus rating from Niche. This high school boasts two magnet programs and five academies, including the academy of business, management and information technology.

Steps away from Coral Gables' gorgeous, trendy downtown and only moments away from main thoroughfares and major highways like U.S. 1 and I-95, Central Coral Gables lives up to its name as a beautiful, walkable, centrally located neighborhood.

Micaela Willoughby
Written By
Micaela Willoughby
Yanan Sun
Photography Contributed By
Yanan Sun
Jacob McAllister
Video By
Jacob McAllister

Agents Specializing in this Area

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Schools

Source:
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

Transit

Airport

Miami International

20 min drive

Bus

Anastasia Av & Anderson Rd

Bus

Anastasia Av & Segovia St

Bus

Segovia St & Biltmore Wy

Bus

Segovia St & Palermo Av

Bus

Biltmore Wy & Hernando St

Bus

SW 42 Av & Sevilla Av

Crime and Safety

1 - Low Crime, 10 - High Crime Central Coral Gables US
Homicide 1 4
Sexual Assault 2 4
Assault with Weapon 1 4
Robbery 2 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 4 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$799,000
Median Single Family Price
$1,834,500
Median Townhouse Price
$2,600,000
Median 2 Bedroom Price
$665,000
Median 1 Bedroom Price
$327,500
Average Price Per Sq Ft
$679
Number of Homes for Sale
39
Last 12 months Home Sales
57
Months of Supply
8.20
Median List Price
$1,097,350
Median Discount From 1st List Price
7%
Median Home Sale Price YoY Change
-17%

Home Facts

Number of Homes in Neighborhood
1,319
Median Year Built
1973
Avg. Single Family Home Size Sq Ft
2,209
Above the national average
1,935
Average Townhouse Size Sq Ft
3,254
Average 2 Bedroom Size Sq Ft
1,394
Average 1 Bedroom Size Sq Ft
799
Average Studio Size Sq Ft
450
Median Lot Size Sq Ft
6,969

Open Houses

  • Saturday, Apr 26
    12 - 2pm

    602 Malaga Ave Unit B, Coral Gables, FL 33134

    $1,775,000

    • 3 Beds
    • 2.5 Baths
    • 2,010 Sq Ft
    • 602 Malaga Ave
    • Unit B
    • New 16 days ago

    This charming two-story townhome, nestled in the heart of the historic Segovia Street Village, offers over 2,000 sq ft of elegant living space. Combining classic architectural elements with modern amenities, this spacious home is the perfect blend of timeless appeal & contemporary comfort. The first floor welcomes you with an open-concept living and dining area, featuring high ceilings, large

    Agent Photo
    Mary Jochem
    Slesnick and Jochem
    (786) 550-3155
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  • Saturday, Apr 26
    12:30 - 2:30pm

    610 Valencia Ave Unit 503, Coral Gables, FL 33134

    $2,050,000

    • 3 Beds
    • 2.5 Baths
    • 2,860 Sq Ft
    • 610 Valencia Ave
    • Unit 503

    Rare opportunity and almost never available! In the heart of Coral Gables, 3-bedrooms, 3.5-bath, 2 story Condo with an internal elevator. Large veranda with trellis off living & dining area overlooking the beautiful Gables tree canopy and the Biltmore hotel. Spacious primary suite with large bathroom and closets. Two working fireplaces. One in the primary suite and one in the living room. Jack

    Belinda Sime Sime Realty Corporation

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  • Saturday, Apr 26
    12 - 3pm

    700 Coral Way Unit 2, Coral Gables, FL 33134

    $3,100,000

    • 3 Beds
    • 3 Baths
    • 3,200 Sq Ft
    • 700 Coral Way
    • Unit 2

    Stunning 3/3 overlooking the 3rd Hole Tee of the Granada Golf Course! Completely gutted and elegantly renovated 3,200 sq ft home in the sky with wraparound balcony and beautiful floor-to-ceiling hurricane proof windows offering views from every direction. Highly coveted location providing a walkable lifestyle to fine dining, shopping & culture and minutes away from MIA, UM and hospitals. 2

    Patricia Bilbao One Sotheby's International Realty

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

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
3,125
Median Age
52
Population Density
19 ppl/acre
Population under 18
16.3%
Below the national average
23.8%
Population over 65
31.3%
Above the national average
19.1%

Finances

Median Household Income
$98,805
Significantly above the national average
$71,702
Average Household Income
$122,934

Education and Workforce

High School Graduates
98.6%
College Graduates
69.5%
Significantly above the national average
34.1%
Advanced Degrees
28.9%
Above the national average
13.3%
% Population in Labor Force
57.8%

Weather

Annual Precipitation
68''
Average Winter Low Temperature
62°F
Average Summer High Temperature
91°F
Annual Snowfall
0''

Area Factors

Very Bikeable

Bike Score®

70 / 100

Very Walkable

Walk Score®

88 / 100

Some Transit

Transit Score®

39 / 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.

Nearby Neighborhoods

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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.
NEIGHBORHOOD
Central Coral Gables