What $2.5 Million Will Buy in Coral Gables

June 2019

Coral Gables has some of the most valuable real estate in South Florida. As Forbes Magazine puts it, “Coral Gables has long set the high bar for luxury real estate,” with a median home value more than twice that for Miami-Dade County as a whole. The median price per square foot is also more than twice the Miami-Fort Lauderdale-West Palm Beach average. To see what $2.5 million would buy today, we asked three real estate agents to submit one of their homes for sale in that price range – give or take a few hundred thousand dollars. Here is what they came up with, in different Gables locations.

Nouveaux Plantation

120 N. Prospect Dr.

Listing Price: $2.68M

5 bed/5 bath/1 half bath. 3,765 sq. ft.

Located on the edge of leafy Coconut Grove, this plantation style home is new construction. With 11-foot ceilings, floors of Floridian cream marble and Brazilian walnut, it is bright and spacious, with a custom Hector & Hector kitchen. Three upstairs suites, including the master. Walking distance to Sunrise Park. Listing Agent: Alexandra Sierra (Shelton and Stewart Realtors), 305.281.0175

The Long View

13055 SW 57th Ave.

Listing Price: $2.599M

6 bed/6 bath/1 half bath. 4,428 sq. ft.

Just completed modern home located inside the gates of Gables By The Sea. Two floors of party-sized terraces with dramatic long water views of an enclosed lagoon. Open floor plan, elevator ready, nearby marinas, and great public and private schools in the area. The master suite has its own terrace, ready for sunset views. Listing Agent: Jo-Ann Forster (ONE | Sotheby’s International Realty) 305.778.5555

On The Old Waterway

4014 Granada Blvd.

Listing Price: $2.6M

6 bed/6 bath/1 half bath/pool. 5,287 sq. ft.

Set on three quarters of an acre, this sprawling house sits on the old Gables Waterway, with ocean access for a low-silhouette vessel and its own bit of beach for sunbathing. Four bedrooms with en-suite bathrooms, superb pool, and updated impact-resistant windows and doors. Two-car attached garage with utility room. Listing Agents: Audrey Ross and Jeanie Vidaurreta (Compass FL) 305.469.7127