Overview
Coral Gables is one of the most traditional and consistent neighborhoods in South Florida. More than just a location, it represents an idea: the union of urban planning, aesthetics, safety, and long-term appreciation. Founded in 1925 by George Merrick under the concept of “The City Beautiful ,” Coral Gables was designed to be harmonious, functional, and timeless—and remains true to that vision to this day.
Here, living and investing go hand in hand. The neighborhood combines architectural elegance, solid infrastructure, and a highly qualified demographic profile, making it one of the safest and most desirable markets in Miami-Dade.
History & Identity
Coral Gables was conceived as a planned city, inspired by European and Mediterranean references. Its wide avenues, tree-lined squares, canals, and residences follow a coherent architectural language, preserved by strict urban planning regulations.
Icons like the Biltmore Hotel , the Venetian Pool , and Merrick House are not just tourist attractions, but symbols of the neighborhood’s identity. They reflect an urban philosophy that values permanence, heritage, and belonging—essential factors for the stability of the local real estate market.
Architecture & Urban Planning
The architecture of Coral Gables is dominated by the Mediterranean Revival style , with ceramic tile roofs, arches, internal courtyards, and coral stone facades. New developments follow strict aesthetic codes, ensuring visual continuity and preservation of urban value.
Residential areas like Gables Estates , Cocoplum , and Old Cutler Bay elevate this standard to the highest level, concentrating some of the most sophisticated properties in South Florida, many with direct water access and a high degree of privacy.
Culture & Lifestyle
Coral Gables has a refined yet vibrant rhythm. Miracle Mile concentrates restaurants, galleries, cafes, and boutiques in a walkable and elegant environment. Merrick Park , on the other hand , represents the meeting point between contemporary luxury and outdoor urban experience.
The gastronomic scene is internationally recognized, with award-winning restaurants and a constant presence in the Michelin Guide , reinforcing the neighborhood’s position as a cultural hub and sophisticated lifestyle destination.
Location & Mobility
Coral Gables boasts a strategic location, just minutes from Brickell, Downtown Miami, and Miami International Airport. While predominantly residential, central areas of the neighborhood offer high walkability, allowing access to services, shops, and leisure activities on foot.
Safety is one of its greatest strengths, with crime rates significantly below the national average, reinforcing the perception of stability and urban quality.
Real Estate Market & Key Data
The average family income in Coral Gables exceeds US$130,000, reflecting a high socioeconomic profile. The average property value is around US$1.46 million, with an accumulated appreciation of over 117% in the last decade and an average annual growth of close to 8%.
Rents range from US$3,400 to US$3,600 per month, while exclusive enclaves like Cocoplum and Old Cutler Bay feature properties valued between US$3 million and US$30 million or more, with consistent annual appreciation between 5% and 8%.
Investment Profile
Coral Gables is a market focused on preserving wealth, stability, and solid growth. It’s not about speculation, but about building a legacy.
It is ideal for investors seeking legal security, a high-net-worth demographic profile, consistent liquidity, predictable appreciation, and strong international appeal.
Reading The Miami Deal
At The Miami Deal, we interpret Coral Gables as a neighborhood where value and identity go hand in hand. We don’t just present numbers, but context. We translate history, architecture, and market insights into practical intelligence, connecting investors with advisors and experts who understand the strategic weight of every decision.
In Coral Gables, investing isn’t just about buying property — it’s about acquiring time, stability, and a long-term vision.
The Miami Deal — The art of living, investing, and seeing beyond.