What Will $1 Million (Or Less) Buy in Coral Gables?

February 2019

Coral Gables has some of the most valuable real estate in South Florida, including five of the top 10 zip codes for property values. It’s median price per square foot ($423) is almost twice that of the Miami/Fort Lauderdale area.

To see what $1 million (or less) 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.

Historic Gables

612 MAJORCA AVE.

Listing Price: $860,000

3 bed/3 bath/pool/1,977 sq. ft.

This 1920’s historic gem north of the Granada Golf Course may be a steal. It’s got working fireplaces, wood floors, a guest cottage and brick patio with pool – along with details like a claw-foot tub and glass cabinets in the kitchen. Plus, it’s been fully updated with new plumbing, electric, roof, etc. Listing Agent: JJ Snow Hansen (Lowell International Realty, LLC) Greater Miami Investments), 305.608.8750

North of Bird

616 CANDIA AVE.

Listing Price: $996,000

3 bed/3 bath/pool/2,390 sq. ft.

Built in 1998 in Mediterranean style, this house has a rarity for its price and size: A graceful curving staircase made of hand-forged iron with polished brass railings. It also has Saturnia marble floors, coffered ceilings, and elaborate moldings, plus a pool and garage – and is near the library and University Park. Listing agent: Mauricio J. Barba, P.A. (ONE Sotheby’s International Realty), 305.439.8311

Contemporary South Gables

1140 S ALHAMBRA CIRCLE

Listing Price: $975,000

3 bed/2 bath/2,220 sq. ft.

With an elementary school in walking distance, this is a house for a young family. Great oak trees out front and a covered outdoor patio in back with landscaped privacy. Well maintained with impact windows and a 2007 roof, renovated bathrooms and kitchen, and a separate bar area with a wine refrigerator. Listing Agent: Sheila Freed (Coldwell Banker Residential Real Estate), 305.793.0005