What $2.5 Million Will Buy in Coral Gables

April 2018

Coral Gables has some of the most valuable real estate in South Florida, with a median price per square foot ($423) that is almost twice that of the Miami/Fort Lauderdale area. Average prices over the last five years have risen 43 percent.

To see what $2.5 million would buy today, we asked four 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.

Historic Gables


Listing Price: $2.69M

5 bed/3.5 bath; 4,562 sq. ft.

Landmark 1938 Mediterranean/Art Deco home designed by Keihnel & Elliot, renovated in 2015. Guest cottage with 1 bed/1 bath; 2-car A-C grade; pool; walkable to downtown; across from Granada Golf Course. Listing agent: Audrey Ross (Compass Realty) 305.206.4003

647 N. Greenway Drive front entrance
Family room
Living room

Inside Cocoplum


Listing Price: $2.42M

5 bed/4.5 bath; 4,790 sq. ft.; 20,000 sq. ft. lot

Hollub-built home in private, guard-gated Cocoplum. Pool, master suite with sitting room and walk-in closets, family room with custom built bar, community amenities include clubhouse, tennis, volleyball, basketball, pool. Listing agent: Toni Schrager (Brown Harris) 305.338.9000

7185 E. Lago Drive front entrance
Living room

South Gables

6511 Maynada Street

Listing Price: $2.75M

5 bed/5 bath; 4,985 sq. ft.

New home walkable to University of Miami, Sunset Elementary and Shoppes at Sunset. Master suite with two balconies; saltwater pool; wood and stone floors throughout; Wolf appliances; 2-car garage. Listing agent: Maria Media (Caldwell Banker) 305.305.2109

6511 Maynada Street front entrance
Living room

Modern Plantation

5545 Riviera Drive

Listing Price: $2.65M

4 bed/4.5 bath; 4,677 sq. ft.; 12,000 sq. ft. lot

Plantation-style; two-story surrounded by lush gardens and mature live oaks. Keystone fireplace; white oak floors; master suite with 2 walk-in closets; three upstairs bedrooms with private baths; heated pool with waterfall. Listing agent: Judy Zeder (EWM) 305.613.5550

5545 Riviera Drive front entrance
Outdoor patio