Also known as City Beautiful, Coral Gables, is a tranquil, pretty neighborhood and one of the oldest cities in South Florida. Originally developed in 1925 by George Merrick, it is often dubbed as a town of Mediterranean Revival houses. Merrick also developed an extremely luxurious hotel in the area which is called The Biltmore that has some historic significance.
The streets in the area are adorned meticulously with chic fountains, and are largely residential, such as Venetian fountain on De Soto Boulevard. The foodie-approved restaurants, modern boutiques, historic houses, canopied streets and stately gates are relics since the time this city was founded. Although the city lacks waterfront views, it more than makes up for it in swanky hotels, lush parks and luxury shopping.
During the day, the town is a major employment hub, while by nightfall the bar scene and hip restaurants attract locals, tourists and college kids to Miami’s happy hours. Coral Gables is only a few minutes’ drive away from Miami International Airport, Port of Miami and Miami Beach. Moreover, the University of Miami is located in this city.
The real estate in Coral Gables comprises medium-sized (3 to 4 bedrooms) and large-sized (5 to 6 bedrooms) properties and some expansive homes have up to 8 or 9 bedrooms. There are over 600 homes available for sale in this stunning neighborhood.
If you are planning to purchase or rent a condo, apartment complex or mansion in this area, we can help you pick out the perfect home. You can contact our realtors to browse a wide range of properties in Coral Gables for both selling and renting.
The average household income in Coral Gables is $136,699. Whites and Hispanics make up over 85% of the population and the rest are African-Americans and Asians. The city has a higher female population than males. The average price of real estate here is $738,300, while the average cost of renting is $3,940. The number of white-collar workers is more than double compared to blue collar workers in the region. Most professionals in the city are engaged in tech, healthcare and educational service jobs.
Restaurants and Shopping Malls
From French fare and classic American-Italian to casual restaurants and local pubs, the dining experience in Coral Gables offers something for everyone. There are a slew of delectable restaurants that can satisfy most cravings you can think of. Some notable restaurants are Eating House, Bulla Gastrobar, La Palma Ristorante, Christy’s Restaurant and Caffe Abbracci.
From large and small malls, to neighborhood boutiques and designer shops, the city is a great shopping destination for anyone. Some popular shopping malls include Miracle Mile, Shops at Merrick Park, Bridal Boutiques, Dadeland Mall and The Shops at Sunset Place.
There are some good schools in Coral Gables, some of which them are listed below:
- Coral Gables Preparatory Academy
- Somerset Gables Academy
- George Washington Carver School
- Ponce de Leon Middle School
- Gulliver Schools
The construction work in Coral Gables began after 1930s and the majority of residential properties were built after 1940s.
You can contact our realtor, Dan Maza on +1 (305)433-2818 for more information.