Coral Gables

Miami, FL

Neighborhood Market Analysis

Q3 2025 Report
$1,397,500 (June 2025)
Median Home Price
67 (walkable core, car-dependent in residential areas)
Walkability Score
A-rated public and private schools; highly competitive admissions.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by Red Road (SW 57th Ave) to the west, Le Jeune Road (SW 42nd Ave) to the east, US-1 to the south, and Tamiami Trail (SW 8th St) to the north. Includes the historic core, Miracle Mile, and residential enclaves.

Zip Codes

33134331463314333156

Market Data Summary

Price Range$374,200 (1 bed) to $5,000,000+ (5+ beds)
Price per Sq FtData not specified for 2025; historically ranges $700–$1,200/sqft for luxury properties.
Inventory Levels419 active listings as of July 2025; lowest inventory among Miami luxury markets.

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesLuxury estatesHistoric homesTownhomesCondos (limited supply)

Architectural Styles

Mediterranean RevivalSpanish ColonialMissionModern luxuryArt Deco (select pockets)

Property Details

Typical Lot Sizes6,000–20,000+ sq ft (larger for estates)
Home Age Range1920s–present; many historic 1920s–1940s homes, plus new construction
Construction QualityHigh; strict city codes, historic preservation, premium finishes in luxury segment

Community Profile

Demographics & Lifestyle

Demographics

Affluent, highly educated, diverse mix of families, professionals, and retirees; significant international presence (Latin America, Europe).

Community Vibe

Elegant, historic, tranquil, with a strong sense of civic pride and cultural sophistication.

Typical Residents

  • Families
  • Executives
  • Retirees
  • International buyers

Family Friendly

Excellent; top-rated schools, parks, low crime, walkable downtown.

Amenities & Lifestyle

Parks & Recreation

  • Fairchild Tropical Botanic Garden
  • Venetian Pool
  • Matheson Hammock Park
  • Biltmore Golf Course

Dining Options

  • Miracle Mile restaurants
  • Fine dining (Ortanique, Caffe Abbracci)
  • Cafés and bakeries

Shopping Centers

  • Shops at Merrick Park
  • Miracle Mile
  • Village of Merrick Park

Local Businesses

  • Boutique shops
  • Art galleries
  • Professional services
  • Wellness studios

Education & Schools

A-rated public and private schools; highly competitive admissions.
Overall School Rating

Elementary Schools

  • Coral Gables Preparatory Academy
  • Sunset Elementary

Middle Schools

  • Ponce de Leon Middle School

High Schools

  • Coral Gables Senior High

Private Schools

  • Gulliver Academy
  • St. Philip's Episcopal
  • Riviera Schools

Transportation & Accessibility

Transit & Roads

Public Transit

  • Coral Gables Trolley
  • Miami-Dade Metrobus
  • Proximity to Metrorail (Douglas Road, University stations)

Major Roads

  • US-1
  • Le Jeune Road
  • Red Road
  • Bird Road

Commute & Walkability

Commute Times15–25 min to Downtown Miami; 20–30 min to Miami International Airport.
WalkabilityHigh in downtown/Miracle Mile; moderate to low in residential areas.
ParkingAmple residential parking; metered/garage parking in commercial core.

Marketing Intelligence

Target Buyer Types

  • Affluent families
  • International buyers
  • Executives
  • Retirees

Key Selling Points

  • Historic architecture
  • Top schools
  • Walkable downtown
  • Lush landscaping
  • Prestige and exclusivity

Pricing Considerations

Price competitively but allow for negotiation in upper brackets; highlight unique features to justify premium.

Common Objections & Response Strategies

Objection: High home prices compared to other Miami neighborhoods

Response Strategy:

Emphasize long-term value, historic appreciation, and lifestyle advantages.

Objection: Older homes may require updates

Response Strategy:

Highlight quality of construction, potential for customization, and city incentives for preservation.

Objection: Flood risk in select areas

Response Strategy:

Provide flood zone maps, discuss mitigation measures, and highlight city infrastructure investments.

Investment Insights

Investment Potential

Appreciation Potential

Strong; 33.1% YoY price growth (2024–2025), historic resilience, luxury cachet.

Rental Demand

High for luxury rentals, corporate relocations, and seasonal leases.

Buyer Competition

Intense for move-in ready and historic homes; some price negotiation possible in higher price brackets.

Best For

  • Luxury buyers
  • Families
  • International investors
  • Corporate executives

Potential Concerns

  • High entry price
  • Property taxes
  • Flood insurance costs

Professional Recommendations

1

Leverage historic and luxury branding in all marketing.

2

Network with international brokers and relocation specialists.

3

Stay informed on flood zone changes and insurance requirements.

4

Highlight school quality and walkability in listing materials.

5

Use professional staging to showcase unique architectural features.

6

Monitor inventory closely for pricing strategy adjustments.

Competitive Analysis

Comparable Markets

  • Pinecrest
  • Coconut Grove
  • South Miami

Market Positioning

Premier historic luxury enclave with strong family and international appeal.

Competitive Advantages

  • Historic character
  • Central location
  • Top schools
  • Luxury amenities

Price Comparison

Coral Gables median ($1.4M) is below Pinecrest ($2.4M), above South Miami ($1.1M), and far above Miami overall ($589K).

Investment Metrics

2.5–3.5% (luxury segment)
Cap Rates
3–4% for single-family homes; higher for short-term furnished rentals
Rental Yields
High (indicative of owner-occupant market)
Price-to-Rent
Modest for long-term rentals; stronger for luxury seasonal/short-term leases
Cash Flow
Continued above-average appreciation expected, barring macroeconomic shocks.
Appreciation

Buyer Journey Insights

First-Time Buyers

Challenging due to high prices; best suited for affluent buyers or those with significant down payments.

Move-Up Buyers

Strong appeal for families seeking larger homes, better schools, and lifestyle upgrade.

Downsizers

Attractive for retirees seeking walkability, safety, and luxury condos/townhomes.

Investors

Best for long-term appreciation and luxury rental strategies; not ideal for high cash flow.

Relocators

Popular for corporate and international relocations due to prestige, schools, and amenities.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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