What $5 to $6 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 $5 to $6 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.
KEY WEST IN GABLES ESTATE
Address: 130 SOLANO PRADO
Listing Price: $5.1M
Specs: 4 bed/3 bath, pool. 3,899 sq. ft. on 22,750 sq. ft. lot
Description: Key West-style, waterfront home in Gables Estates on Old Cutler Bay. Completely renovated in 2008 with resilient design, metal roof, impact windows/doors. Airy and light-filled, with flow-thru kitchen and living areas open to a 55-ft covered outdoor space bounded by 140-ft seawall. Has 40-ft dock with 15,000-lb lift. Generously scaled, with 2-car garage and saltwater pool.
Listing Agent: Toni Schrager (Brown Harris Stevens) 305.338.9000
COCOPLUM TO THE BAY
Address: 282 CARABELA CT.
Listing Price: $5.995M
Specs: 7 bed/6 bath/1 half bath, pool, tennis. 7,536 sq. ft.
Description: Two-story estate with 100 feet of water frontage and no bridges to Biscayne Bay. Concrete dock, half tennis court, pool, beach entry to canal, covered terraces. Detached 4-car garage with attached guest house and covered walkway to main house. Impressive entranceway, master suite, maid’s quarters, and 3rd level observation tower.
Listing Agent: Dennis V. Carvajal PA (ONE Sotheby’s International Realty) 786.255.3334
SPACE AND MEDITERRANEAN STYLE
Address: 380 ISLA DORADA BLVD.
Listing Price: $5.995M
Specs: 6 bed/61/2 bath/pool. 10,009 sq. ft. on 26,449 sq. ft. lot.
Description: Vast, beautiful home on a wide part of the Gables Waterway in Cocoplum. Master suite with sitting area and large master bath. Highlights include spiral staircase, fire place in the living room, open balconies, oversized entertainment area, pool, and 45-foot dock. An elegant Mediterranean mansion.
Listing Agent: Lourdes Alatriste (Engle & Volkers Miami) 305.443.2424
LAKEFRONT LIGHTNESS
Address: 10845 SNAPPER CREEK RD.
Listing Price: $5.75M
Specs: 6 bed/8 bath, pool. 8,047 sq. ft. on 1 acre lot
Description: Contemporary stone and glass home on Elbow Lake near Fairchild Tropical Gardens. Open floor plan with grand vertical windows and skylight. A chef’s kitchen with Sub-Zero and Thermador appliances, walk-in pantry. Pool, sauna, fire pit and whole-house generator. Amenities include access to private marina with full-time dock master.
Listing Agent: Judy Zeder (EWM Realty International) 305.613.5550
