What $4 to $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 $4 to $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.
Historic Urban Home
Address: 1033 Coral Way
Listing Price: $4,889,000
Specs: 7 bed/7 bath/2 half bath. 9,858 sq. ft.
Description: Located in Coral Way’s historic district of tree-lined streets, a block from George Merrick’s home, walkable to the Venetian Pool, six blocks from Miracle Mile. On a triple lot with private courtyard, high ceilings, stone floors, pool, gazebo, outdoor kitchen, gym, covered terrace, the house was completed renovated in 2015.
Listing Agent: Iliana Abella (Greater Miami Investments), 305.505.0488
Modern Waterfront
Address: 4510 Granada Blvd.
Listing Price: $4,900,000
Specs: 6 bed/6 bath/1 half bath. 6,602 sq. ft.; 19,884 sq. ft. lot
Description: Resting on the Coral Gables waterway, with access to the ocean, this sun-filled modern mansion has a pool, boat dock, 3-car garage, marble and wood floors, enormous walk-in closets, a wine cellar, Chicago-brick driveway and an array of expansive verandas and terraces that open onto the tropical landscaping.
Listing Agent: Monica S. Betancourt (EWM Realty), 305.632.7248
Plantation Style Estate
Address: 4550 Sunset Dr., Coral Gables
Listing Price: $4,395,000
Specs: 6 bed/5 bath/1 half bath. 6,204 sq. ft.; 49,223 sq. ft. lot
Description: Nestled in lush landscaping on more than an acre, with vaulted ceiling foyer, wood floors, wood pub-style bar, ground floor master bedroom, upstairs family room with balcony. Traditional kitchen with farm-style pantry, pool, backyard with stone floors, covered terraces, full cabana bath, and lit basketball court for night games.
Listing Agent: Dennis Carvajal (Sothebys Realty), 305.666.0562
Modern in Cocoplum
Address: 7810 Los Pinos Blvd.
Listing Price: $4,499,000
Specs: 7 bed/9 bath/8,370 sq. ft.
Description: Located in gated Cocoplum, this custom-built new modern home stands out from the typically traditional and Mediterranean homes in the community. Open floor plan and large windows overlook an oversized pool patio area. Oversized Snaidero kitchen with state of the art appliances, double dishwashers and large wine fridge. Third floor has generous guest quarters.
Listing Agent: Josefina Delgado (Coldwell Banker Residential Real Estate), 305.219.3153
