What $2 to $3 Million Will Buy on the Water
February 2020
Residential real estate in Coral Gables continues to be among the most valuable in South Florida, with a median home value of more than $750,000 – twice the median home value county-wide. One of the most coveted types of property in the city, which has 40 miles of waterfront, is a home with access to Biscayne Bay. To see what kind of waterfront you could buy for $2 million to $3 million, we asked three 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 Edge of Fairchild
11050 Tanya St.
Listing Price: $2.395M
4 bed/3.5 bath/pool/garage 4,711 sq. ft.
In gated Hammock Oaks, adjacent to Fairchild gardens this handsome home has vaulted wooden ceilings, impact windows and, for the auto crazy, an eight-car garage. The master suite has two walk-in closets, a loft-style seating area and private balcony with pool access. A 40-foot boat dock across the street included. Listing agent: Lourdes Alatristo (Engel & Voelkers), 305.926.5322
Gables by the Sea
13065 San Mateo Ave.
Listing Price: $2.245M
4 bed/3 bath/pool/garage 3,259 sq. ft.
In Gables by the Sea in south Coral Gables, this renovated house has a 78-foot seawall and no bridges to Biscayne Bay – waterfront for just over $2 million. Open floor plan downstairs, with one bedroom; three bedrooms upstairs. Balcony for large master suite with walk-in closet. Two-car garage, impact windows throughout. Listing agent: Michael Martinez (One Sotheby’s International Realty), 305.979.9367
Modern Cathedral of Glass
4880 Granada Blvd.
Listing Price: $2.995M
5 bed/5.5 bath/pool/garage 7,147 sq. ft.
Sited on the Gables Waterway, next to the Riviera Country Club, Doctors Hospital and UM, this Frank Lloyd Wright inspired home (“Watersong”) uses lots of glass in a bold, modern design that lets the light in and shares its space with the tropical landscaping. A truly unique home. Listing agent: Mauricio J. Barba (Compass Real Estate), 305.439.8311
