What $700K Will Buy in Coral Gables

Coral Gables continues to be among the hottest housing markets in South Florida. According to Redfin, in the past year, the median sale price of homes in the city has risen an astonishing 49.3 percent, to reach $875,000. The price per square foot has also risen by 23.8 percent, to $419.

Nonetheless, there are still affordable homes available for young families looking to move here, or for older buyers looking to downscale. We asked three real estate agents to submit one of their homes for sale in the $700,000 price range – give or take a few thousand dollars. Here is what they came up with, in different Gables locations.

North Gables Post-War

813 Catalina Place
Listing Price: $695,000
3 bed/2 bath/1 half bath 1,888 sq. ft.

Completely remodeled 1947 home on a private street with only four houses. Situated in the North Gables “Cortez” neighborhood, this home has been remodeled to create an open concept kitchen and great room with porcelain “wood” floors throughout. Also has new electric, plumbing, irrigation system and impact windows, plus garage. Listing Agent: Eduardo Pruna (One Sothebys International Realty) 305.775.3154

what $700kl will buy

Historic Urban

410 Alhambra Circle
Listing Price: $710,000
3 bed/2 bath 2,047 sq. ft.

Located on a historic street with massive trees, this 1926 Frank Wyatt Woods home is walking distance from downtown restaurants, stores, theaters, etc. The vaulted ceilings of pecky cypress and the floors of cherry hardwood are updated by high-impact doors and windows. Has a remodeled kitchen, fenced back yard with garden, and one-car garage. Listing Agent: Ashley Cusack (BHHS EWM Realty International) 305.798.8685

what $700k will buy

West Gables Pre-War

1306 Milan Ave.
Listing Price: $699,000
3 bed/1 bath/1 half bath 2,013 sq. ft.

Located just blocks from the Granada Golf Course and the Coral Gables Country Club, this 1936 home features volume ceilings, wood floors, a working fireplace and a flow-through floor plan. Kitchen has wood cabinetry and granite countertops. Well maintained with new barrel tile roof, updated electrical and impact windows throughout. Listing Agent: Gloria Arango (Coldwell Banker Realty) 786.268.4956

what $700k will buy