What $10-$12 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 $10 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 million dollars. Here is what they came up with, in different Gables locations.
Inside Sunset Harbour
Address: 6939 Sunrise Drive
Listed Price: $10.1M
Specs: 5 bed/6.5 bath; 6,384 sq. ft.; 16,500 sq. ft. lot
Description: Contemporary design with dramatic views. Located in gated Sunrise Harbour, 3-story home with high ceilings, spacious walk-in closets, commercial elevator, pool, private dock, gym, and arts & crafts room.
Listing Agent: Saddy Delgado, (One Sotheby’s International Realty), 305.632.4256
Courtesy: One Sotheby’s International Realty
Inside Gables Estates
Address: 515 Casuarina Concourse
Listed Price: $11,000,000
Specs: 8 bed/8 bath, 2 half bath; 12,492 sq. ft.; 70,727 sq. ft. lot
Description: Palm Beach style estate in gated community, resplendent in details. Spaces opulent and intimate throughout, for grand scale entertaining or intimate family gatherings. Spectacular gardens with meandering paths, hidden tennis court pavilion.
Listing Agent: Audrey Ross, (Compass Realty), 305.206.4003
Photos Courtesy of: Compass Realty
On the Gables Waterway
Address: 60 Edgewater Drive
Listing Price: $10,500,000
Specs: 3 bed/6 bath/ 2 half bath; 10,190 sq. ft.
Description: 360-degree views, 2-story penthouse with private elevator, 7 terraces, gourmet kitchen, second staff kitchen, formal dining room, media room, and glass staircase. Master suite with separate bathrooms and Kohler steam showers.
Listing Agent: Jill Hertzberg (Coldwell Banker Residential Real Estate), 305.788.5455
Photos Courtesy of: Coldwell Banker
Inside Gables Estates
Address: 80 Leucadendra Drive
Listing Price: $12,900,000
Specs: 5 bed/6.5 bath; 12,336 sq. ft.; 48,533 sq. ft. lot
Description: Direct access to bay with 270 feet of water frontage and 52-foot dock. Media room, 2 offices, chef’s kitchen, butler pantry, breakfast room, craft room, wine cellar, generator, 4-car garage.
Listing Agent: Stephanie Ubeda (Liz Hogan/Compass), 305.607.6970
Photos Courtesy of: Liz Hogan Group/Compass Realty