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Unlocking Miami’s Real Estate Treasures: Insider Insights on Where to Invest in 2024 (part 4 of 7)

Unlocking Miami’s Real Estate Treasures: Insider Insights on Where to Invest in 2024 (part 4 of 7)

Want to Buy Real Estate in Miami? Write a Request in WhatsApp and Real Estate Group Will Find the Best Options for You. Everyone Buys With Us!

Read the beginning in part 3

Neighborhood 4: Coral Gables.


Welcome to Coral Gables, a city where the essence of Mediterranean charm is woven into the very fabric of its streets. Here, the past and present dance in harmony, creating a symphony of culture, education, and sophistication. It’s a place where the pursuit of excellence is not just a goal but a way of life.

In Coral Gables, security is more than a promise; it’s a steadfast commitment. Our streets are safe, our neighborhoods are serene, and our community is vigilant. We stand as a beacon of tranquility in the bustling metropolis of Miami, offering a haven where peace of mind is the norm, not the exception.

Our location is a treasure map, with boundaries that stretch beyond the imagination. From the historic Biltmore Hotel to the iconic Miracle Mile, our city is a canvas of architectural marvels and verdant landscapes. Our infrastructure is a testament to visionary planning, and our transport system, a model of connectivity and innovation.

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The business life in Coral Gables thrives amidst the shade of banyan trees and the splendor of Spanish-style edifices. Our business centers and office buildings are not mere structures but incubators of dreams and enterprises. Here, government organizations and companies flourish, propelled by a community that values progress and prosperity.

Cultural life in Coral Gables is a mosaic of experiences. Our museums and galleries are custodians of history and art, our exhibitions are windows to new worlds, and our events are celebrations of diversity and creativity. From the jazz nights at the Coral Gables Art Cinema to the literary feasts at Books & Books, culture here is not just observed; it’s lived.

Education in Coral Gables is the cornerstone of our future. Our schools are sanctuaries of learning, our universities are fountains of knowledge, and our commitment to education is unwavering. We nurture the minds that will shape tomorrow, fostering a community where education is revered and cherished.

Shopping and entertainment in Coral Gables are journeys of discovery. Our boutiques are alcoves of fashion, our restaurants are havens of gastronomy, and our cafes and bars are the stages for memories and merriment. In Coral Gables, every purchase tells a story, and every meal is a celebration.

Healthcare in Coral Gables is a pledge to well-being. Our medical clinics and hospitals are beacons of healing, and our healthcare organizations are dedicated to the health and happiness of every resident. Here, care is not just a service; it’s a calling.

Real estate in Coral Gables is an invitation to a life of elegance and comfort. Our residential complexes are not just buildings; they’re homes where dreams reside. For families, young professionals, and retirees alike, Coral Gables offers a lifestyle that is as fulfilling as it is beautiful.

So, let us raise a toast to Coral Gables, the city beautiful, where life is not just lived; it’s embraced with passion and grace. Here in the heart of Miami, Real Estate Group invites you to find your place, build your dream and join us in celebrating a city like no other.

Welcome home!

1. Security Overview.

When considering the security of the Coral Gables area in Miami, it’s important to analyze the crime rates and the types of crimes that occur within the community. Below is a detailed overview based on the methodology from Real Estate Group:

Crime Rates and Statistics:

  • Overall Crime Rates: Coral Gables is generally considered safer than Miami, with violent crime occurring 64 percent less frequently than the state average.
  • Crime Data: Known for its laid-back atmosphere, Coral Gables boasts a low crime rate of 1.44 crimes per 1,000 people.

Sources for Crime Data:

  • Miami-Dade’s Official Website: Recent months’ crime data from Miami-Dade’s official website would provide official statistics and trends for the Coral Gables area.
  • CrimeMapping.com: This platform offers a visual overview of specific law enforcement crimes, allowing for a more detailed understanding of the types and locations of crimes committed in Coral Gables.

Interpreting the Data:

  • Crime Severity and Frequency: By analyzing the data from these sources, one can determine the frequency and severity of each type of crime, giving residents and potential residents a clear picture of the security in Coral Gables.
  • Law Enforcement Response: The effectiveness of local law enforcement can also be gauged by looking at the response times and resolution rates for reported crimes.

Conclusion: Coral Gables’ commitment to safety is reflected in its lower-than-average crime rates and proactive law enforcement. While no community is immune to crime, Coral Gables’ efforts to maintain security are evident, making it a relatively safe and secure place to live and visit. Residents and visitors are encouraged to stay informed about local crime trends and to take standard precautions to ensure their safety and the security of their property.

2. Location.

Coral Gables, a city renowned for its Mediterranean Revival style architecture and affluent character, is a jewel within Miami-Dade County, Florida. It’s situated approximately 7 miles southwest of Downtown Miami and is an integral part of the Miami metropolitan area.

Territory and Boundaries: The city spans a total area of 37.31 square miles, with 12.93 square miles of land and 24.38 square miles of water. It is bordered by Little Havana to the northeast and Coconut Grove to the east, with some areas offering splendid views over Biscayne Bay.

Infrastructure and Transport: Coral Gables boasts a smart transportation system, including a connected public transportation fleet of trolleys and electric vehicles known as “Freebees,” providing free shuttle service in the downtown area. The city is also proud of its extensive electric vehicle fleet and plans to expand its network of charging stations. Traffic is managed through an intelligent infrastructure that includes AI-powered poles, CCTV cameras with edge analytics, and IoT traffic analytics.

Population: As of the end of 2023, the population of Coral Gables is estimated to be around 49,851, reflecting a community that values diversity and quality of life.

Coral Gables’ commitment to maintaining a beautiful, sustainable, and well-connected city is evident in its careful urban planning and investment in infrastructure. This makes it not only a desirable place to live but also a model for other cities aiming for a balance between historical preservation and modern living.

3. Business life.

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Coral Gables, often referred to as “The City Beautiful,” is not only a hub of Mediterranean-style architecture and lush landscapes but also a thriving center for business life. Here's a detailed overview of the neighborhood's business environment from Real Estate Group:

Business Centers and Office Buildings.

Coral Gables is home to a variety of business centers and office buildings that cater to a diverse range of companies, from startups to established multinational corporations. Some notable office spaces include:

  • Columbus Center: A prestigious address that houses influential companies and offers amenities like floor-to-ceiling windows and a business lounge.
  • Plaza Coral Gables: A newly built office space that provides modern facilities and a strategic location for businesses.
  • The Alhambra: An office complex that combines elegance with functionality, offering a professional environment for businesses.

Government Organizations.

The city’s government organizations play a pivotal role in maintaining the high quality of life and business-friendly environment. Key government entities include:

  • Coral Gables City Hall: The administrative heart of the city, overseeing various city services and initiatives.
  • Coral Gables Chamber of Commerce: Fosters economic interests and enhances the quality of life for the Coral Gables community.


Coral Gables is the chosen location for many companies, ranging from local businesses to global firms. Some of the companies with a significant presence in the area are:

  • Bacardi: The United States headquarters of this renowned spirits company is located here.
  • Capital Bank Financial: A financial institution that contributes to the economic fabric of the city.

The business life in Coral Gables is characterized by its dynamic economic activity, supported by a well-planned infrastructure that promotes growth and innovation. With its blend of beauty, culture, and economic vitality, Coral Gables stands out as a premier location for businesses to flourish.

4. Cultural life.

Coral Gables, known as “The City Beautiful,” is rich in cultural life and offers a variety of attractions for both tourists and residents:


  • Merrick House: The historic home of George E. Merrick, the founder of Coral Gables.
  • Venetian Pool: A historic public swimming pool created from a coral rock quarry.
  • Miracle Mile: Famous for its shops, cafes, and Mediterranean architecture.


  • Coral Gables Museum: Celebrates the 1920s community with exhibits on architecture, urban design, and environmental design.
  • Lowe Art Museum: Operated by the University of Miami, it features a diverse collection of art.


  • Coral Gables Museum: Hosts various exhibitions like “Paving Roads for Latin American Art” and "A True Artist: Phineas Paist & the Early Architecture of Coral Gables".

Events and Shows in 2022 and 2023:

  • Carnaval on the Mile: A festival with live music, art, and food.
  • Annual Miami/ Coral Gables Art & Mega Festival: A gathering of fine art exhibitors and entertainment.

Planned for 2024 - 2025:

  • Farmers Market at Merrick Park: Offers local produce, baked goods, and workshops.
  • Coral Gables Festival of the Arts: Scheduled for January 13-14, 2024, featuring art exhibitors and entertainment.

Coral Gables continues to be a hub for cultural activities and events, blending historical charm with modern attractions. Whether you’re interested in the arts, history, or community events, there’s always something to explore in this vibrant area.

5. Education.

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Coral Gables is not only known for its picturesque streets and historical landmarks but also for its commitment to education. Here's a detailed overview of the schools located in the area from Real Estate Group:

Kindergartens and Preschool Institutions.

Coral Gables offers a variety of early childhood education options, ensuring a strong foundation for the youngest residents:

  • ICS Coral Gables: A private preschool providing care and education for children from 3 months to kindergarten.
  • Riviera Schools: Comprising Riviera Day School and Riviera Preparatory School, offering education from PK2 to 5th grade.
  • Early Childhood Center: An elementary school in Coral Gables with a focus on early childhood education.
  • KLA Schools: Known for its Reggio Emilia-inspired curriculum, it caters to infants up to preschoolers.


The city is served by several well-regarded schools that cater to various educational needs and preferences:

  • Henry S. West Laboratory School: A public school serving grades K-8, known for its academic excellence.
  • George W. Carver Elementary School: Offers education from PK to 5th grade and is recognized for its strong academic programs.
  • Coral Gables Preparatory Academy: A public school providing education from PK to 8th grade.
  • Somerset Gables Academy: A charter school serving grades K-8.


Coral Gables is home to the prestigious University of Miami, a private research university that offers a wide range of undergraduate, graduate, and professional programs. The university is known for its diverse academic community and is a significant contributor to the region’s educational and cultural landscape.

The educational landscape of Coral Gables reflects the city’s dedication to providing quality education at all levels, fostering a community that values learning and development.

6. Places for shopping and entertainment.

Coral Gables, known for its Mediterranean-style architecture and historical landmarks, also offers a variety of shopping and entertainment options. Here's a detailed overview of some of the places from Real Estate Group that you can visit:

Shopping and Entertainment Centers:

  • Shops at Merrick Park: This upscale shopping destination at 358 San Lorenzo Ave features high-end brands and beautiful outdoor spaces. It’s home to stores like Nordstrom and Neiman Marcus, and offers a luxurious shopping experience.


  • Gucci: Located within the Village of Merrick Park, Gucci offers luxury Italian fashion at 342 San Lorenzo Avenue, Space 1015.
  • Nordstrom: A well-known department store offering a range of fashion and lifestyle products at 4310 Ponce de Leon Blvd.


  • Merlili Bridal Boutique: Specializing in bridal gowns and evening wear, located at 356 Miracle Mile.
  • Chic Parisien: An established designer bridal boutique at 3308 Ponce de Léon Blvd.


  • Bulla Gastrobar: A Spanish tapas-style restaurant known for its lively atmosphere and delicious plates at 2500 Ponce De Leon Blvd.
  • Greenstreet Cafe: Offers globally influenced seasonal cuisine at 3468 Main Hwy.


  • Café Demetrio: Coral Gables’ first coffee house, providing a classic coffee experience at 300 Alhambra Cir.
  • Threefold Cafe: An Australian cafe known for specialty coffee and now serving dinner at 141 Giralda Ave.


  • Flanigan’s Seafood Bar and Grill: Famous for its Baby Back Ribs and fresh fish selections at 2721 Bird Ave.
  • The Bar: A relaxed spot for pub fare and a variety of drinks at 172 Giralda Ave.

These are just a few of the many options available in Coral Gables for shopping, dining, and entertainment. Whether you’re looking for luxury shopping, unique boutiques, diverse dining options, cozy cafes, or vibrant bars, Coral Gables has something to offer for everyone. Enjoy your time exploring this charming area of Miami!

7. Healthcare.

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Coral Gables, a city renowned for its aesthetic charm and historical significance, also boasts a robust healthcare system. Here's a detailed overview of medical clinics, hospitals and health care organizations in the area from Real Estate Group:

Medical Clinics:

  • UHealth Clinic at Walgreens: Offers convenient care from the experts you trust, located at 4200 SW 8th St.
  • Rosie Lee Wesley Health Center: Provides comprehensive primary care and facilitates referrals to Jackson Memorial Hospital for specialized services, located at 6601 SW 62nd Ave.
  • Body Science: Focuses on personalized medicine using genetics and hormone levels to improve health, located at 5975 Sunset Dr Ste 100.
  • El Encanto Medical Centers: Delivers personalized medical care and quality services at every stage of life, located at 255 University Dr.


  • Kindred Hospital South Florida - Coral Gables: Specializes in the treatment and rehabilitation of complex medical patients, located at 5190 SW 8th St.
  • Baptist Health South Miami Hospital: Known for providing expert healthcare services throughout Miami-Dade, located at 6200 SW 73 Street.
  • Baptist Health Doctors Hospital: A 281-bed acute care facility offering high-quality medical care, located at 5000 University Drive.
  • Larkin Community Hospital: A general medical, surgical, and psychiatric teaching hospital, located at 7031 SW 62nd Ave.
  • Coral Gables Hospital: Rated high performing in 3 adult procedures and conditions, providing general medical and surgical facilities.

Healthcare Organizations:

  • The Lennar Foundation Medical Center: Provides specialized care for cardiology, oncology, ophthalmology, and more, located at 5555 Ponce De Leon Blvd.
  • Community Health of South Florida: A nonprofit organization offering comprehensive healthcare services across multiple centers, located at 6350 Sunset Dr.

These institutions form the backbone of Coral Gables’ healthcare system, ensuring that residents and visitors have access to a wide range of medical services and expertise.

8. Real estate.

Coral Gables is a sought-after area in Miami known for its lush landscapes, historical landmarks, and high quality of life. For those interested in real estate, here are some of the new and under construction residential developments that are ideal for foreign buyers in 2024 from Real Estate Group:

New and Upcoming Residential Complexes:

  • The Residences at Merrick Park: Offers luxury living with one, two, or three-bedroom apartments featuring granite countertops, spacious floor plans, and luxurious bathrooms.
  • Gables Grand Plaza Apartments: Within walking distance to restaurants and shops, these apartments feature granite countertops, custom cabinetry, stainless steel appliances, and porcelain tile flooring.
  • Modera Douglas Station: Luxe studio, 1-, 2-, and 3-bedroom apartment homes with upscale finishes, stainless steel appliances, granite and quartz countertops, and oversized closets.
  • Douglas Grand Condo: A condo building with residences ranging from studios to 2-bedroom apartments, with sizes from 583 to 1,078 sqft.

Cost of Real Estate.

The cost of real estate in Coral Gables can vary widely based on the property type and location. As of the latest data, the median sale price of a home in Coral Gables was around $1.6M, with the median sale price per square foot at $710. For pricing clarification, it is best to consult Real Estate Group by sending a WhatsApp request today.

Advantages of Living in Coral Gables:

  • For Married Couples and Families with Children: Coral Gables offers top-notch schools, family-friendly parks, and a safe environment. The city’s suburban feel combined with its cultural offerings makes it an ideal place for raising a family.
  • For Young Professionals: With its proximity to Miami’s business districts and vibrant nightlife, Coral Gables is perfect for professionals seeking a balance between work and leisure.
  • For Retirees: The city’s tranquil streets, golf courses, and easy access to healthcare facilities provide a comfortable and convenient lifestyle for retirees.

Other Positive Criteria:

  • Cultural Richness: Coral Gables is home to various cultural attractions, including theaters, galleries, and festivals.
  • Outdoor Recreation: Residents can enjoy numerous parks, water activities, and the famous Venetian Pool.
  • Dining and Shopping: The area boasts a plethora of dining options and shopping centers, catering to all tastes and preferences.

Coral Gables combines the charm of a Mediterranean town with the amenities of a modern city, making it a desirable location for many looking to purchase property in Miami.


Want to Buy Real Estate in Miami? Write a Request in WhatsApp and Real Estate Group Will Find the Best Options for You. Everyone Buys With Us!

In the heart of Miami, there lies a community where elegance is etched into the very streets, where the lush canopy of greenery whispers tales of grandeur, and where the sun-kissed mornings promise a day of endless possibilities. This is Coral Gables, a place not just to reside, but to revel in the art of living.

Here, luxury is not a mere afterthought - it is the cornerstone upon which every home is built. The residences are more than structures; they are sanctuaries crafted with the discerning eye of artisans, designed to offer not just comfort, but a canvas for your life’s masterpiece.

Why choose Coral Gables for your luxury real estate? Because here, every detail is a testament to quality, every boulevard a gateway to culture, and every home a bridge to a future you’ve always envisioned. It’s where tranquility meets vibrancy, where the community’s heart beats in unison with your own aspirations.

From the cobblestone pathways that echo the footsteps of history to the modern conveniences that adorn your daily life, Coral Gables is a symphony of sophisticated living. It’s a place where families flourish, professionals prosper, and retirees relish the richness of well-deserved leisure.

So, let this be your clarion call to action. Embrace the allure of Coral Gables. Invest in a home that transcends the ordinary. Join a community where life is not just lived - it is celebrated in every sunlit corner, every shaded veranda, and every starlit gathering.

Choose Coral Gables where your life journey will be extraordinary, just leave a request on WhatsApp and Real Estate Group will find you the best options for buying real estate in Miami.

Read more in Part 5


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