Why live in Coral Gables Miami?
When a single person moves, the relocation options are quite numerous and the prerequisites are basically what that person wants. When an entire family moves, the prerequisites increase with the number of people who move, making it more difficult to find a place to move that is ideal for the whole family. However, there is […]
When a single person moves, the relocation options are quite numerous and the prerequisites are basically what that person wants.
When an entire family moves, the prerequisites increase with the number of people who move, making it more difficult to find a place to move that is ideal for the whole family. However, there is one place in Miami that is becoming a very popular option for families to move in, and that is Coral Gables.
Moving to Coral Gables means you want to have a lifestyle with numerous parks, golf courses, waterways, and a great way of life.
According to Money Inc., the city of Coral Gables ranks as the 7th best place to live in South Florida in 2020. For those weighing their options of where to relocate, Coral Gables “is not just packed with some of the streets greenest and most historic in the entire city, but it is filled to the brim with world-class restaurants, boutiques, local businesses and the kind of schools that the next generation of Ivy League scholars are producing seemingly at will. ” Source.
When moving to Coral Gables, most people will first have to decide whether they want to rent or buy property in Coral Gables. Of course, this decision is largely based on how long you plan to stay in Gables, but it will also depend on pricing.
When it comes to real estate, Coral Gables offers a wide range of real estate and a high-end lifestyle.
Coral Gables homes are generally larger in living space and lot size. This is where we find all the Coral Gables homes for sale in gated communities and Coral Gables oceanfront homes for sale with direct access to the bay or with just a few bridges away from the open bay. It is in this area where we find some of the most luxurious houses in Miami.
Being predominantly a single-family home market, the Gables’ supply of luxury condos is limited. Townhomes in Coral Gables are also relatively rare, although lately there has been more attention paid to the Coral Gables townhome market.
Many children from families residing in Coral Gables attend school in Gulliver at Pinecrest. In addition to being located near the best schools in Miami, Gables is very close to Miami’s financial district (Brickell), the beaches, and the airport.
Fun facts about the Coral Gables real estate market:
- Home Price Range: $ 500,000 – $ 50M +
- Waterfront Homes: $ 1M for dated houses on a canal.
- Median sale price: $ 880,000 – $ 1.4M
- Median home rental price: $ 4,500 – $ 5,719
- Condos rent between: $ 2,500 – $ 7,500
- Beachfront rental: $ 7,000