Single family homes in Coral Gables are currently in high demand, with Northeasterners fleeing to warmer – and safer – climes. Sales of high-end Gables homes in particular – those starting at $1 million – more than doubled in the third quarter this year over last year. And in the category of $10 million or more, sales are unprecedented. In a normal year, perhaps one or two houses in this category sell. This year it could cross a dozen. “We have had an extreme uptick in the ultra-high end,” says Audrey Ross of Compass Realty, who specializes in multi-million dollar sales. Here are two currently on the market.
In Gables Estates
8815 Arvida Dr.
Listing Price: $14.85 million
6 bed/8 bath/2 half bath. 10,625 sq. ft
Newly built (2017) on a 50,000-square foot waterfront lot, this Palladian style home is perfect for entertaining – or cozy family affairs. The home has a theater, large family room, gourmet eat-in kitchen, and master suite with his and her baths and dressing room closets. The oversized pool has a cabana and summer kitchen. Listing Agent: Audrey Ross (Compass), 305.206.4003
In Old Cutler Bay
9320 Gallardo St.
Listing Price: $11.8 million
8 bed/9 bath/2 half bath. 9,264 sq. ft.
Originally built in 2007 and remodeled in 2015, this home has a 100-foot dock on 170 feet of waterfront. Designed by famed architect Ramon Pacheco, it has a soaring entrance with a sweeping stairway. There is a full-home generator, home theater, three guest suites, staff quarters, four-car garage and infinity-edge pool. Listing Agent: Raquel Cordon (Brown Harris Stevens), 305.778.1910