Gables Homes for $5 Million
Properties 

Gables Homes for $5 Million

Andrew Gayle

High-end real estate in Coral Gables has seen an explosion of sales since last year, thanks to the pandemic driving well-healed denizens from the Northeast, Midwest, and California to the Greater Miami area. Consequently, the supply of Gables homes listing for more than $2 million has dwindled, from 200 midyear in 2020 to just 53 midyear this year.

To see what $5 million would buy today – give or take a half million – we asked two real estate agents to submit one of their homes for sale in that price range. Here is what they came up with, in different Gables locations. 

On the Water in Gables Estates 

191 Los Pinos Court
Listing Price $5.5m 
4.5 bed/6 bath/pool/4,135 sq. ft. 

Gables Homes for $5 Million - 191 Los Pinos Court
191 Los Pinos Court
191 Los Pinos Court
191 Los Pinos Court

Located on a three-quarter-acre lot, this bright modern home was recently remodeled, with a new roof and impact glass. There is a cabana bath and open bar area by the pool, facing waterfront with a 50-foot dock and seawall. A large open terrace has a view of the backyard lined by royal palms. Listing agent: Tere Shelton Bernace (Shelton & Stewart Realtors), 305.607.7212 

Living Large in South Gables 

7300 Capilla Ct. 
Price: $4.495m 
8 bed/8 bath/pool/8,050 sq. ft. 

Gables Homes for $5 Million -7300 Capilla Ct. 
7300 Capilla Ct. 
7300 Capilla Ct. 
7300 Capilla Ct. 

Located on almost an acre in a quiet cul-de-sac off Sunset Drive, this tastefully de- signed 1970 home is a spacious residence, with a 5-bedroom main house and a 3-bedroom guest house. Well-located near schools and shopping, its features include vaulted ceilings, skylights, a newly renovated kitchen and oak flooring. 

Listing agent: Audrey Ross Team (Compass), 305.661.4003