Coral Gables is an independent city of about 49,000 residents, a short drive southwest of downtown Miami. For us, it is also home. Charlie Rua has lived in the Gables most of his life and previously served on the city's Parks and Recreation Board, and several of our agents live here and are active in the community.

George Merrick planned the city in the early 1920s, and it was incorporated in 1925. It took its name from his family's home, which was built of local coral rock. Nearly a century later, the plan still shapes daily life: tree-lined streets, Mediterranean Revival architecture, and some of the strictest zoning in South Florida. That consistency is a large part of why homes here hold their value.

Coral Gables Market Snapshot

Sold prices, January 1 to October 20, 2026, compared with the same period in 2025:

  • Single family homes: average sold price of $1,238 per square foot, up 3.8%
  • Condos and townhomes: average sold price of $660 per square foot, up 5.1%

Source: TrendGraphix. See the latest figures on our Coral Gables Market Update.

Where We Work in the Gables

  • North Gables and the Granada area: classic 1920s and 1930s homes near the Biltmore and Granada Golf Course
  • Downtown and Miracle Mile: condominiums and townhomes within walking distance of restaurants, shops and offices
  • South Gables and the Riviera section: larger lots near the University of Miami and Riviera Country Club
  • Cocoplum and Gables Estates: guard-gated waterfront estates with private docks and direct bay access
  • Old Cutler and Snapper Creek: estate properties on generous lots under a mature canopy
  • Nearby: we also represent buyers and sellers in High Pines and Ponce Davis, which border the Gables

Living in Coral Gables

  • Miracle Mile and Giralda Plaza anchor downtown dining and shopping, and the Shops at Merrick Park offer a luxury retail setting
  • The Biltmore Hotel, opened in 1926, remains the city's landmark
  • Venetian Pool, built in 1924 from a former coral rock quarry, is listed on the National Register of Historic Places
  • The University of Miami is the city's largest employer and adds a steady calendar of arts and athletics
  • A free trolley runs along Ponce de Leon Boulevard, and Miami International Airport is about four miles away

Frequently Asked Questions

Is Coral Gables part of the City of Miami?

No. Coral Gables is its own city, with its own mayor, commission, police and building department.

What does a single family home in Coral Gables cost per square foot?

Year to date in 2026, single family homes sold for an average of $1,238 per square foot. Waterfront homes in Cocoplum and Gables Estates trade well above that average.

Why do Coral Gables homes require extra review when renovating?

The city's Board of Architects reviews exterior changes to protect its architectural standards. Many older homes are also historically designated. We help clients understand these requirements before they buy.

Who should I contact about buying or selling in Coral Gables?

Rua Realty's agents live and work throughout South Florida, led by broker Charlie Rua, who brings more than 20 years of experience and over Coral Gables00 million in sales. Call our office at 305.807.0121 and we'll connect you with the agent best suited to your search, or meet our team. Our office is at 333 Palermo Avenue, Coral Gables, FL 33134.

Listings Currently For Sale in Coral Gables

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