$962,678Average Value$767Average Price per Sq Ft13Homes For Sale
The walkable, European-style charm of Downtown Gables
Residents of Downtown Gables are treated to a European-style village every time they leave home, thanks to the vision of George Merrick, founder of Coral Gables, “The City Beautiful.” Merrick set out in the 1920s to create a walkable “community of villages.” Fast-forward to today, and those who call this South Florida community home live steps away from boutiques, international restaurants, music venues and art galleries; all of it set against a backdrop of tropical landscaping and elegant Mediterranean Revival architecture.
Downtown Gables’ Miracle Mile is historic corridor shaped by merchants, leaders and generations of local pride.
With its lush streetscapes and cultural vibrancy, Downtown Gables offers a walkable, curated lifestyle in South Florida.
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Transit, quick highway access and a short drive to Miami’s core
Thoughtful street planning makes Downtown Gables walkable, but there are still plenty of cars. Traffic is worst around signature events like the annual Coral Gables Festival and during the winter tourist season when snowbirds flock to the area. The neighborhood centers around Ponce de Leon Boulevard, lined with Metrobus and Coral Gables Trolley stops. Another main thoroughfare, Douglas Road, is a straight shot to Miami International Airport, about 4 miles north. Downtown Miami is just over 6 miles away. Nearby highways include U.S. Route 1, the Dolphin Expressway, the Palmetto Expressway and Interstate 95.
What to expect pricewise in Downtown Gables
The market in Downtown Gables features houses, condos and a smattering of townhouses. Listings typically take over 90 days to sell, with a median price of just under $900,000. Prices begin with condos, starting in the low $300,000s and maxing out in the mid $800,000s. Houses roughly range from the mid $900,000s to $2 million. Owners of condos and townhouses in the neighborhood pay regular fees to their respective homeowners associations, while most single-family properties here are HOA-free. Flood insurance is another cost to consider. There are a few special flood zones in Downtown Gables. Residences located within them may require flood insurance to qualify for federally backed mortgages.
Houses from the 1920s and 1950s add timeless character
Local Lindsey Brown, a Realtor with Berkshire Hathaway HomeServices EWM Realty, says neighborhoods in Coral Gables are renowned for their beauty, and the city’s heart is no exception. "It has a lot of really beautiful old Spanish and Mediterranean [Revival] homes, which many people have recently refurbished,” she says. “This architecture is a big part of the community, and it gives it some nice character." Many of these earthy, stucco-sided, terracotta-roofed homes were originally built in the 1950s, though some date back as early as the ‘20s. Lots are small, with a median just over an acre. As for condominiums, there are low-rise, midrise and high-rise options. Boutique buildings like 100 Andalusia offer luxury units for a higher price tag.
Mediterranean Revival and Spanish eclectic cottages from the mid-20th century are common.
Ranch-style homes in Downtown Gables offer single-level living with timeless design and lush surroundings.
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Hundreds of shops and dozens of restaurants on the famed Miracle Mile
The Miracle Mile, a famous section of Coral Way, is home to hundreds of places to shop and dine. Local favorites include La Pata Gorda, an Ecuadorian seafood favorite for its fresh ceviche; Fratellino, a cozy trattoria serving classic pizzas and pastas; and CRAFT, serving elevated Americana dishes in a chic setting. Good eats aren’t limited to the Miracle Mile. Brown suggests exploring the nearby Giralda Avenue. “It’s a brick street, cute area for walking around or getting a bite to eat,” she says. “It has some really great restaurants, my favorite is a great Italian spot, Luca Osteria."
Top-rated public, charter and magnet schools serve Downtown Gables
Downtown Gables is served by a top-rated school district, Miami-Dade County Public Schools, and top-rated schools, such as George W. Carver Elementary School and Coral Gables Senior High School. Top-rated charter and magnet schools are also nearby, including Somerset Gables Academy and International Studies Preparatory Academy. Students are placed into magnet programs through a lottery; however, arts school admissions are based on an audition. Open enrollment lets students switch schools depending on seat availability.
George Washington Carver Elementary, located in Downtown Gables, is a top-rated public school offering strong academics and international magnet programs.
Since opening in 1950, Coral Gables Senior High has stood as a proud educational landmark in Downtown Gables.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the Downtown Gables neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Downtown Gables
US
Homicide
2
4
Sexual Assault
3
4
Assault with Weapon
3
4
Robbery
3
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
3
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
Downtown Gables Demographics and Home Trends
On average, homes in Downtown Gables, Miami sell after 99 days on the market compared to the national average of 58 days. The median sale price for homes in Downtown Gables, Miami over the last 12 months is $540,000, down 43% from the median home sale price over the previous 12 months.
Rare opportunity to aquire MIXED-USE zoned property. (Coral Gables Business District). (2Bdrm. 2Bth 1 car garage and driveway + street parking).Situated on 4,000 sq. ft. lot. This Property offers Immediate income or occupancy potential with significant long-term upside through redevelopement and or assemblage with neighboring parcels. Coral Gables zoning framework encourages thoughtful mixed-use
Beautiful Penthouse with Spectacular Views – 2 Bed / 2 Bath, 1,248 sq ftExperience elevated Coral Gables living in this penthouse unit featuring west and north-facing balconies with unbelievable sunset views. Located just two blocks from the vibrant Miracle Mile—with restaurants, shopping, and entertainment within steps. Built in 1974, the Coral Gables Tower offers secured access, an inviting
The Most Exquisite Expression of Home, set among the pristinely landscaped streets and refined energy of Coral Gables—shaded by a canopy of live oak and mahogany trees—Ponce Park is a balance of high design and individual character, iconic interiors, and graceful discretion. Perfectly European, unexpectedly evocative, and flawlessly detailed, with architecture by renowned neoclassicist John
RARELY AVAILABLE. GORGEOUS 1/1,5 APARTMENT. JUST STEPS AWAY FROM MIRACLE MILE, WALK EVERYWHERE, SHOPS, CAFES, NIGHTLIFE, RESTAURANTS, RIGHT IN THE CENTER OF DOWNTOWN CORAL GABLES. OPEN KITCHEN, FEATURES GRANITE COUNTERS, STAINLESS STEEL APPLIANCES, BALCONIES & WINDOWS, TILE FLOOR OVERLOOKING THE COURTYARDS, FOUNTAIN & BEAUTIFUL CORAL GABLES VIEW ,BOUTIQUE BUILDING AMENITIES INCLUDE 24 HR.
The Most Exquisite Expression of Home, set among the pristinely landscaped streets and refined energy of Coral Gables—shaded by a canopy of live oak and mahogany trees—Ponce Park is a balance of high design and individual character, iconic interiors, and graceful discretion. Perfectly European, unexpectedly evocative, and flawlessly detailed, with architecture by renowned neoclassicist John
Lilia Maria GambogiOne Sotheby's International Realty
The Most Exquisite Expression of Home, set among the pristinely landscaped streets and refined energy of Coral Gables—shaded by a canopy of live oak and mahogany trees—Ponce Park is a balance of high design and individual character, iconic interiors, and graceful discretion. Perfectly European, unexpectedly evocative, and flawlessly detailed, with architecture by renowned neoclassicist John
Experience the best of Coral Gables living in this charming 1-bedroom, 1.5-bath residence at the sought-after boutique condominium, 100 Andalusia. Perfectly positioned in the heart of Downtown Coral Gables, this inviting unit offers the ideal blend of comfort, convenience, and lifestyle. Enjoy a spacious layout with abundant natural light, an open living area, and the convenience of a guest
Old World Charm in the heart of Coral Gables. Lovely One bedroom/one bath, wood floors, kitchen with granite counter tops. Easy access to University of Miami, hospitals, Miami Airport, Merrick Park, Miracle Mile and more.Residential Parking Zone.
Stunning 2,653 sq. ft. remodeled home near The Plaza Coral Gables and Miracle Mile. This home features four bedrooms, three bathrooms (two en-suites), new electrical, mechanical, PVC plumbing, brand-new roof, and impact windows/doors. The contemporary kitchen boasts quartzite countertops and KitchenAid appliances. New detached carport via alley road and exterior wood deck. Experience vibrant
In the heart of Coral Gables, this bright 2 bed 2 bath + Den residence offers refined living just steps from the city’s iconic dining, shopping, and cultural hubs. Perched on a high floor, the home features expansive city views and a flood of natural light. The functional layout features an open living and dining area connected to the kitchen, complete with marble countertops, stainless steel
Best urban location! Nestled between Historic Miracle Mile & The Magnificent Plaza, this immaculate 97-unit boutique building features a serene Zen garden entry. Stunning unit boasts 2 spacious en-suite bedrooms, a guest half-bath, a modern kitchen with white quartz counters, wood flooring, and a large balcony overlooking vibrant city views. Maintenance fee conveniently covers everything except
Regency Parc in Coral Gables is redefining ultra-luxury living in the City Beautiful. Developed by Codina Partners, with design by Nichols Architects and interiors by David Smith, Ltd., this boutique community offers 126 Sky Residences from 1,768–6,005 sq. ft., blending the privacy of single-family homes with high-rise convenience. Residents enjoy resort-style amenities, including a full-time
The Reserve at the Plaza is located at 122 Sevilla Avenue Coral Gables, FL and is managed by Jones Lang LaSalle Americas, Inc., a reputable property management company with verified listings on RENTCafe. The Reserve at the Plaza offers Studio to 3 bedroom apartments. Amenities include Clubhouse, Concierge, Controlled Access/Gated, Elevator, Fitness Center and more. This rental community is pet
Totally pristine and immaculate unit at one of Coral Gables most favorite boutique buildings: 100 Andalusia is now available. Located just one block from Miracle Mile and all that Downtown Coral Gables has to offer. This 2-bedroom, 2.5 bath North-facing unit has spacious walk-in closets, a balcony, a separate air-conditioned storage space, and assigned, covered, secure parking on the same floor
Sky Residence D at Regency Parc is an iconic corner residence designed to showcase breathtaking views from every angle. Spanning over 2,235 sq. ft., it combines the spacious comfort of a single-family home with the sophistication of luxury high-rise living. The open layout connects a large kitchen, expansive living room, and dining area that flows to a terrace—ideal for alfresco dining. The
Courtesy of Compass Florida, LLC Posted by Manuel Escotet Luma International Realty.Stunning 3-bedroom, 2-bathroom home available for rent in one of Coral Gables' most walkable and sought-after neighborhoods. Fully furnished and move-in ready — this one checks every box. The home features a fully remodeled interior with an open floor plan, stylish finishes, and three well-proportioned
Experience refined living at Alexan Roxy, a luxury residential community in the heart of Coral Gables. These modern residences feature sophisticated interiors and thoughtfully curated amenities including a rooftop saltwater pool with cabanas, social sky lounge, co-working lounge with café, wellness suite with infrared sauna, state-of-the-art fitness center, rooftop entertainment spaces, grilling
This rare Regency Parc residence captures the full majesty of the Miami skyline from every room. Designed with a classic split floor plan, it blends the spaciousness and comfort of a single-family home with the elegance of luxury high-rise living. The expansive living and dining areas flow seamlessly into a gourmet kitchen featuring ITALKRAFT® Italian cabinetry and premium WOLF & SUB-ZERO®
Residence H1, the pinnacle of Regency Parc, offers 1,794 sq. ft. of terrace space with breathtaking views of the Biltmore, Coral Gables, and Miami skyline. This “mansion in the sky” combines the scale and comfort of a single-family home with elevated penthouse luxury. A traditional foyer leads to open living areas including formal dining, media, and main living spaces, all framed by incredible
Experience refined living at Alexan Roxy, a luxury residential community in the heart of Coral Gables. These modern residences feature sophisticated interiors and thoughtfully curated amenities including a rooftop saltwater pool with cabanas, social sky lounge, co-working lounge with café, wellness suite with infrared sauna, state-of-the-art fitness center, rooftop entertainment spaces, grilling
Residence H, the most expansive penthouse at Regency Parc, offers 2,024 sq. ft. of terraces with sweeping views of the Biltmore, Coral Gables, and beyond. Designed as a “mansion in the sky,” it blends the scale and comfort of a single-family home with elevated penthouse luxury. A traditional foyer leads to open living areas, including a formal dining room, media room, and living space, all framed
Experience refined living at 357 Almeria Ave, ideally located in the vibrant heart of Coral Gables. This beautiful 2-bedroom, 2-bath residence features a desirable split-bedroom layout across 932 square feet of thoughtfully designed living space. Elegant vinyl wood floors run throughout, complementing the bright and airy interior. The open kitchen flows seamlessly into the living and dining
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