What $2.5 Million Will Buy in Coral Gables
Coral Gables has some of the most valuable real estate in South Florida, with a median price per square foot ($423) that is almost twice that of the Miami/Fort Lauderdale area. Average prices over the last five years have risen 43 percent.
To see what $2.5 million would buy today, we asked four 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.
Inside Cocoplum
Address: 7185 E. Lago Drive
Listed Price: $2.42M
Specs: 5 bed/4.5 bath; 4,790 sq. ft.; 20,000 sq. ft. lot
Description: Hollub-built home in private, guard-gated Cocoplum. Pool, master suite with sitting room and walk-in closets, family room with custom built bar, community amenities include clubhouse, tennis, volleyball, basketball, pool.
Listing Agent: Toni Schrager (Brown Harris), 305.338.9000
Courtesy: Brown Harris
South Gables
Address: 6511 Maynada St.
Listing Price: $2,749,000
Specs: 5 bed/5 bath; 4,985 sq. ft.
Description: New home walkable to University of Miami, Sunset Elementary and Shoppes at Sunset. Master suite with two balconies; saltwater pool; wood and stone floors throughout; Wolf appliances; 2-car garage.
Listing Agent: Maria Mejia (Coldwell Banker), 305.305.2109
Courtesy: MiamiRealEstatePhotographers
Historic Gables
Address: 647 N. Greenway Drive
Listing Price: $2,685,000
Specs: 5 bed/3.5 bath; 4,562 sq. ft.
Description: Landmark 1938 Mediterranean/Art Deco home designed by Keihnel & Elliot, renovated in 2015. Guest cottage with 1 bed/1 bath; 2-car A/C garage; pool; walkable to downtown; across from Granada Golf Course.
Listing Agent: Audrey Ross (Compass Realty), 305.206.4003
Courtesy: Compass Realty
Modern Plantation
Address: 5545 Riviera Drive
Listing Price: $2,650,000
Specs: 4 bed/4.5 bath; 4,677 sq. ft.; 12,000 sq. ft. lot
Description: Plantation-style two-story surrounded by lush gardens and mature live oaks. Keystone fireplace; white oak floors; master suite with 2 walk-in closets; three upstairs bedrooms with private baths; heated pool w waterfall.
Listing Agent: Judy Zeder (EWM), 305.613.5550
Courtesy: EWM