Buying a Luxury Condo in Coral Gables 

In Coral Gables, where home prices are spiking, condominiums are the flavor of the season. For homes under $2 million, there are now almost four times as many condos for sale in the Gables as houses. While that ratio reverses when it comes to homes for more than $2 million, the trend is the same. “With fewer single-family homes available, it gives [homeowners] an opportunity to cash out on a house they have been in for 20 or 30 years,” says Eduardo Pruna, ONE Sotheby’s regional sales director for Coral Gables. “So, they are looking at condos,” Pruna says that condo sales in the city have doubled from the first quarter this year. We asked three realtors to submit one of their luxury condos (townhouses included) for sale in the Gables. 

At the Biltmore 

1228 Anastasia Ave. 
Listing Price $2.65m
4 bed/4 bath. 2,720 sq. ft.

This penthouse unit offers direct views of the Biltmore golf course, with a private elevator, three balconies, and a covered terrace with an outdoor kitchen. There are three covered parking spaces in the garage. The classic architecture is complemented by contemporary interiors and an Italian Veneta Cucina kitchen with Wolf/Sub Zero appliances. Listing Agent: Terre Shelton Berance (Shelton and Stewart Realtors) 305.607.7212 

Near the Venetian Pool 

733 Almeira Ave.
Listing Price $4.1m 
4 bed/4 bath/1 half bath. 4,258 sq. ft. 

Located on a quiet, tree-lined street near the Venetian Pool, the townhomes of Althea Row are architectural masterworks. With open floor plans, private gardens, an interior courtyard, and multiple balconies, they provide 7,000 square feet of total space. The elegance is enhanced by high ceilings, French glass doors, and skylights. Listing Agent: Anniella Tabraue (BHHS/EWM Realty) 305.302.2441

On the Urban Edge 

515 Valencia Ave. #1102
Listing Price $4.3m 
4 bed/4 bath. 1 half bath. 3553 sq. ft. 

Villa Valencia is one block from the edge of the urban core of Coral Gables, perfectly situated for a walkable lifestyle. The building has 13 stories and is the latest condominium tower in the Gables. It is replete with the latest technologies, including filtered air, filtered water, circadian lighting cycles, and high-end appliances. Listing Agent: Dennis Carvajal (ONE Sotheby’s International Realty), 786.255.3334