Why Live in Gables Estates
Gables Estates in Coral Gables is a prestigious neighborhood known for its luxury homes and sophisticated atmosphere. This gated community features properties with direct access to Biscayne Bay, large lots, and resort-style amenities such as pools, tennis courts, and private docks. Architectural styles range from Mediterranean to contemporary, with meticulously maintained landscapes. The area is home to some of Miami’s wealthiest residents, offering privacy and security. Top-rated schools serve the community, including Sunset Elementary and Coral Gables Senior High, both highly rated. The neighborhood is intersected by the Old Cutler Road Trail, a 13.5-mile bike path shaded by ancient trees, leading to Matheson Hammock Park and Marina, ideal for picnicking, kiteboarding, and enjoying a manmade atoll pool. Nearby, Fairchild Tropical Botanic Garden offers 83 acres of walking paths, lakes, and a butterfly garden. Local attractions include the annual Carnival on the Mile festival and events at Fairchild Tropical Botanical Garden, such as the International Mango Festival. Dining options feature Noma Beach at Redfish and Glasshouse Café. For shopping, residents can visit Whole Foods Market, Publix, and The Shops at Merrick Place. The neighborhood is safer than the national average but prone to flooding due to its proximity to Biscayne Bay. Gables Estates is conveniently located about 10 miles from Downtown Miami and 15 miles from Miami International Airport, with public transportation options including Miami-Dade Metrobuses and the Dadeland North Metrorail station.
Home Trends in Gables Estates, FL
On average, homes in Gables Estates, Coral Gables sell after 42 days on the market compared to the national average of 70 days. The median sale price for homes in Gables Estates, Coral Gables over the last 12 months is $539,000, down 62% from the median home sale price over the previous 12 months.
Median Sale Price
$539,000
Median Single Family Sale Price
$570,000
Average Price Per Sq Ft
$1,847
Number of Homes for Sale
2
Last 12 months Home Sales
2
Median List Price
$2,203,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-62%