What $2 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 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.
URBAN LIVING
Address: 718 Valencia Ave.
Listing Price: $1,900,000
Specs: 3 bed/3 bath/1 half bath. 2,422 sq. ft.
Description: Condominium penthouse in brand new Biltmore Parc building, walking distance from the urban core of Coral Gables. Expansive floor plan with den/library, great room, covered terraces, dual sinks in the master. Building has business center, clubhouse, community room and 24/7 concierge service. Attached garage with two spaces, elevator foyer entry, fully equipped kitchen.
Listing Agent: Daniel Guerra (Fortune International Realty), 305.338.0126
SPACIOUS CONTEMPORARY
Address: 753 Majorca Ave.
Listing Price: $1,895,000
Specs: 5 bed/6 bath/1 half bath. 4,018 sq. ft.; 10,890 sq. ft. lot
Description: Contemporary style home in the heart of the old Gables near Granada Golf Course, completely remodeled in 2016, including impact windows and Thermador appliances in the kitchen. A light, bright spacious home on a corner lot with pool/patio area, covered terrace, summer kitchen and cabana bath. Two car garage. Also for rent ($11,500).
Listing Agent: Consuelo Stewart (Shelton and Stewart Realtors), 305.216.7348
MEDITERRANEAN VILLA
Address: 2508 De Soto Blvd.
Listing Price: $1,900,000
Specs: 4 bed/5 bath/1 half bath. 4,326 sq. ft.; 10,480 sq. ft. lot
Description: 1925 Mizner Villa designed by Frank Woods, a piece of legacy preserved with its original grandeur. The residence boasts an elegant rotunda with winding marble staircase, volume ceilings, detailed millwork, formal living and dining room, sunroom, unique kitchen and spectacular open vistas of the private, lush gardens and inviting pool.
Listing Agent: Josie Wang (Brown Harris Stevens), 305.666.9759
LIVING LARGE
Address: 5825 SW 119th St.
Listing Price: $1,845,000
Specs: 6 bed/5 bath/1 half bath. 6,040 sq. ft.; 22,940 sq. ft. lot; guest house
Description: Located in deep south Gables on a half-acre, expansive home includes large guest house with full kitchen. Modern Hollub built style (1974), terrazzo and tile floors, large bedrooms, walk-in closets, pool with child gate, two-car garage, and gourmet kitchen with Bosch, Jenn-Air and Sub Zero. Close to Matheson Hammock park, good schools.
Listing Agent: John Seidel (Coldwell Banker), 786.488.9756
