Top Five Coral Gables Condominiums Under $500K

Living in Coral Gables carries with it sense of accomplishment since this gorgeous city offers some of the best shopping, dining arts and culture in the Miami-Dade metro area.  The city attracts many different residents from business people who want to escape the “rat race” to part-time residents who enjoy spending winters in the warm Florida sunshine to real estate investors interesting in acquiring rental property.  

While Coral Gables real estate can carry a hefty price tag in any one of the exclusive gated communities, there are still many condominiums that offer the luxury and exclusivity but at a much more realistic list price.  Following are the top five Coral Gables condominiums priced under $500K. 

For Sale at 55 Merrick

55 Merrick Way, #702, 55 Merrick, List Price:  $499,000
Living in this two-bedroom/two-and-a-half-bath residence in one of Coral Gables most popular condominiums is perfect for anyone wanting to be in the heart of Coral Gables.  Located just off the Miracle Mile, this 1,273-square foot home features spacious rooms, a great kitchen with granite counter tops and stainless steel appliances, porcelain flooring and Berber carpet in bedrooms, walk-in closets and so much more.  Community amenities include a resort style pool and expansive pool deck, a state of the art fitness center, two-story clubhouse, security, concierge, valet, and a nice variety of retail on the first floor of the building.  There is definitely attention to detail throughout the condominium and each residence.

55 Merrick Way, #602, 55 Merrick, List Price:  $494,000
55 Merrick is located in the heart of Coral Gables right off the Miracle Mile.  This 1,273 square foot home features a nice-size kitchen with granite counter tops, GE stainless steel appliances and Italian cabinets, porcelain tile floors and Berber carpet throughout the home, wonderful city views and more.  Enjoy the state of the art fitness center, large resort pool, clubhouse that is excellent for entertaining, and concierge and valet services.  With retail on the first floor and dining and shopping within a very short walk, this is a perfect place to live in Coral Gables.

For Sale at Puerto de Palmas
888 Douglas Road, #1009, Puerto de Palmas, List Price:  $490,000
Located in the heart of Coral Gables, this home is in a very prestigious condominium that is close to the Miracle Mile and everything in the heart of Coral Gables.  It features a wonderful gourmet kitchen with granite counter tops, stainless steel appliance and a very contemporary design as well as nine-foot ceilings, impact resistant sliding glass doors, and a balcony with wonderful city views and tons of space in this 1,300+ square foot home.  Community amenities a large, resort-style pool, well-equipped fitness center, outdoor meditation gardens, a clubhouse with billiards, media room, and outdoor entertainment plaza, private storage lockers and more.  This is an ideal residence for part-time residents and full-time residents who want to be in the heart of the city.

1300 Ponce 
1300 Ponce de Leon Boulevard, 1300 Ponce de Leon, #505, List Price: $489,000
Enjoy life in this 1,290 square foot residence with two bedrooms and two and a half bath.  With downtown Miami views from the 243 square foot balcony, this home is the epitome of luxury in Coral Gables.  It features GE stainless steel appliances, Italian cabinets and granite countertops as well as a fitness center, large pool with pool deck, clubhouse, security and more.  Just blocks from the Miracle Mile’s shopping, dining and culture, this is the perfect place for anyone who loves to walk to destinations!

For Sale at Ponce Tower Condo
1805 Ponce de Leon Boulevard, Ponce Tower Condo, #834, List Price:  $484,000
Ponce Tower’s European style and luxury move throughout the building.  With an elegant balcony overlooking the pool, this two-bedroom, two-bath residence is situated in a prime corner location and has marble flooring, 11-foot ceilings, European style cabinetry and granite counter tops.  Other amenities include a beautiful heated spa and pool, fully-equipped fitness facility, business center and more.  Ponce Tower is one of the most prestigious condominiums in Coral Gables.

Condos in Coral Gables
There are so many opportunities to buy condos in Coral Gables at a very reasonable price.  In addition to owning real estate in such a prestigious area, these condos provide an excellent stream of investment revenue.  It is no wonder that so many potential buyers seek out Coral Gables real estate.