What Less than $2 Million Will Buy

March 2020

Residential real estate in Coral Gables continues to be among the most valuable in South Florida, rising in value some 149 percent since the year 2000. Last year median house prices did slide five percent, according to BHHS/EWM, making it more of a buyer’s market; still, the median price last year ranged from $752,000 to $1,100,000, depending on the month. Even at its lowest, the Coral Gables median price was more than twice the median value for Miami-Dade County homes as a whole. To see what you could buy for under $2 million 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.

In the Canopy

420 Tivoli Ave.

Listing Price: $1.79 million

4 bed/3 bath/pool/3,015 sq. ft.

Located on a lovely street of Southern live oak trees, just in from canopied Old Cutler Road near Cartagena Circle, with a flowing layout, marble floors in the common areas and hardwood floors in the bedrooms. A butler pantry segues into a white eat-in kitchen. Walk-in closet in the master bedroom. Listing agent: Tony Rios, Jr. (Shelton and Stewart Realtors), 305.968.7323

Spanish Revival

1319 Castile Ave.

Listing Price: $1.596 million

3 bed/4.5 bath/garage/courtyard/2,713 sq. ft.

Located between historic Coral Way and the Granada Golf Course, this is a 1920s vintage home with architectural charm: original Spanish tile floors, a courtyard, and fountains. The living room has a high ceiling with beams and a large fireplace, the dining room has a stone, corner fireplace and stone framed windows. Listing agents: Laura Mullaney, 305.790.1000 and Jane Gomez-Mena, 305.491.6485 (Berkshire Hathaway EWM Realty)

Large, Modern Cocoplum

7161 E. Lago Drive

Listing Price: $1.998 million

5 bed/5.5 bath/pool/4,646 sq. ft.

Located in the gated Cocoplum community with high ceilings and floor-to-ceiling impact windows, this home is a study in white and light. The master suite overlooks the heated saltwater pool and hot tub. Separate kids wing with its own family room, updated kitchens, maid’s room, two-car garage. Marble floors and security cameras throughout. Listing agent: Belinda Sime (Sime Realty Corporation), 786.344.9579