Top Five Coral Gables Rentals Under $5,000/Month

For some, living in Coral Gables is a temporary situation whether it is just for the winter months or while in South Florida for business.  Coral Gables offers everything that many part-time residents want from phenomenal shopping on the Miracle Mile to some of the area’s most exclusive yacht clubs to a home-life that is similar to how they live when not in Miami-Dade County. 

To that point, Coral Gables rentals showcase some of the nicest properties in all of South Florida.  Living here provides residents with the ability to be as involved in the South Florida lifestyle as they want to be.  Whether a single-family home or condominium, the difference is that by living in Coral Gables part-time residents can rent “more house” (or condominium as the case may be) for the monthly investment.  Following are the top five Coral Gables rentals under $5,000 per month. 

2901 Columbus Boulevard, Coral Gables Country Club, Monthly Rental Rate:  $5,000

Everything about this home screams classic in this beautiful Coral Gables home built in 1940.  Situated in a very established neighborhood, it is just blocks from the Biltmore Hotel and Golf Course.  The main floor features beautiful and stately formals along with a guest room with private bath.  The kitchen is one of those that many dream of having with white cabinetry, counter tops and appliances to create a very pristine atmosphere.  Upstairs there are three bedrooms including the master suite.  The landscaping is breathtaking and is surrounded by a privacy hedge so that residents and guests can enjoy the fresh flowers and tropical landscaping.  Other essential features include impact resistant windows and a great laundry room.  Offered on an annual lease, this exquisite home is unfurnished and waiting for tenants to create their own masterpiece in this Coral Gables Country Club neighborhood.   Oh, and pets (even large ones) are very welcome.

610 Santurce Lane, Monthly Rental Rate:  $4,950

Built in 1954, this classically designed old Florida-style home is situated in a well-established quiet neighborhood that is family friendly and has a quality feel to it.  With three bedrooms and two baths under almost 1,700 square feet, this unfurnished Coral Gables rental home has been updated with a new kitchen that has stainless steel appliances, ceramic tile counter tops and beautiful walnut finished cabinets.  Additionally, there is a built-in wine cooler and breakfast bar ideal for quick meals.  The perfectly maintained Cuban tile floors in the living and dining areas blend beautifully with the hardwood through the rest of the house.  As for fixtures and finishes, this home boasts crown molding, ceiling fans, and an alarm system.  Outside, there is an awesome living area under a custom-built pergola creating the perfect spot to enjoy Florida evenings.  Top rates schools along with excellent shopping and dining is a short distance away from the ideal family home (that allows the family pet) available on an annual lease.

440 Giralda Avenue, Monthly Rental Rate:  $4,900

It does not get much more classic Florida in terms of architectural design than this home.  Even with its updated interior, this home has tons of character.  Al four bedrooms are situated on the first floor with a den upstairs.  In the eat-in kitchen, there are marble counter tops, stainless steel appliances and custom cabinetry.  Tenants enjoy the private pool that has a courtyard entrance.  In terms of location, the Miracle Mile and the Biltmore Hotel and Golf Course are just a few blocks away even though the neighborhood is very quiet and calm.  This is without a doubt a perfect home in a perfect location.  Leased on an annual basis and unfurnished, the only caveat is that the owners prefer not to allow pets.

921 Placetas Avenue, Coral Gables Riviera, Monthly Rental Rate:  $4,600

Classic Coral Gables design seems to be the ticket for rental homes.  This one is situated close to the University of Miami and just a short drive to the Miracle Mile restaurants as well as the Village at Merrick Park.  With three bedrooms and two baths, it features a renovated kitchen that is a chef’s dream with wood counter tops, stainless steel appliances, a movable center island, and tile back splash all the way around the kitchen counters.   The garage has been converted into an extra den.   With three bedrooms and two baths this home has beautiful wood floors and lots of detail.  Lush and tropical landscaping surrounds the property and creates an inviting and peaceful atmosphere. 

800 Beneveneto Avenue, Monthly Rental Rate: $4,432

Situated close to the University of Miami as well as the three major Gables golf courses, this wonderful old Florida style home has been remodeled inside and features a brand new kitchen with stainless steel appliances as well as new counter tops and new flooring.  Additionally, the master bath showcases marble walls and floors.  Outside the updated screened in porch runs the length of the house and features tile flooring and an outdoor kitchen with gas grill with hood and tile prep area with built-in sink.  Newly landscaped, the lawn enhances the beautiful style of the home. 

Tons of Opportunity with Coral Gables Rentals

Living in Coral Gables carries a certain prestige.  There is tons of opportunity with CoralGables rentals.  While single family homes in the center of town are readily available for those who do not want to buy, there are also a high number of condominiums with rental units available with short and long-term leases.  

Top Five Coconut Grove Real Estate Listings Under $1 Million

Coconut Grove is well known for its beautiful homes and elegant condominium properties.  While this is a very exclusive community where many area celebrities and athletes live, it is also a favorite of local South Florida residents who have the ability to afford high-end real estate.  Following are the top five Coconut Grove real estate listings under $1 million. 

Coconut Grove Homes for Sale

4070 Hardie Avenue, Eleda, List Price:  $970,000

For buyers who love character and charm, this classic Key-West style home has four bedrooms and three baths under 2,716 square feet.  Built in 1945, the home has recently had major renovations in 2009 and features a perfectly balanced combination of an updated modern look with an old Florida charm.  The floor plan is absolutely perfect maximizing space with a nice flow from room to room.  With three bedrooms upstairs including the master and one bedroom on the first floor, there is definitely room for guests.  Some of the highlights include beautiful wood beam vaulted ceilings and bamboo floors in every room.  The kitchen is magnificent with a contemporary design and tons of counter space.  It is a chef’ dream kitchen and has high end appliances and cabinetry.  The second-floor master suite is huge with a custom-built walk-in closet and large bath.  This is a glorious home in a one of Coconut Grove’s well-sought after neighborhoods.

3350 SW 27^th Avenue, Ritz Carlton Residences,

The Ritz Carlton Residences are situated on the waterfront with wonderful bay and city views.  They feature floor to ceiling windows and fantastic kitchens with granite counter tops and high-end cabinetry and appliances.  Residents enjoy all the five-star amenities of the Ritz Carlton Hotel including valet parking, concierge and in-room dining.  The pool and surrounding pool deck have a resort atmosphere with cabanas, cushioned lounge chairs and full-service extras. 

RitzCarlton Residences for Sale

#1204, List Price:  $925,000

#1406, List Price:  $895,000

Irvington Homes for Sale

3845 Irvington Avenue, Irvington, List Price:  $915,000

Another beautiful Coconut Grove home, this classic Florida bungalow offers a balanced mix of old and new on a quiet well-sought after kid-friendly street in a popular neighborhood.  The home has vaulted ceilings and wonderful fixtures and finishes that make this home outstanding.  The master suite is large and had a fireplace.  French doors lead out to a great outdoor area with a pool surrounded by tropical landscaping and a wonderful area for entertaining.  One of the best features of this property is the mature landscaping that surrounds the home.

3670 SW 37^th Avenue, Irvington, List Price:  $849,000

Here is a huge opportunity to own a large, 3,300+ square-foot home at a lesser price than similar homes in the neighborhood with this short sale.  This Mediterranean-style home has tons of high-end features like custom details, surround sound throughout the home, a great kitchen with granite counter tops, an island workspace/breakfast bar, and stainless steel appliances.  The master suite has a steam and Jacuzzi and a balcony overlooking an exquisite backyard.  Surrounding the pool is a lovely entertaining area with lush tropical landscaping. Situated in a quiet neighborhood, this is a great family home. 

Lots of Options for the Price

Coconut Grove real estate offers lots of options for the price.  Whether it is a home in a condominium or on a wonderful Coconut Grove street, buyers can easily find what they want for under $1 million.

Gables Ponce

With the Grand Opening event wrapped just a week ago, Gables Ponce is “officially” open and ready for business.  The modern architecture with a Mediterranean-style slant complements the up and coming community’s atmosphere.  The first phase features 10 stories with 248 residences comprised of one, two, and three-bedroom units.  Located on the first level is a large retail space with Epicure Gourmet Market, occupying over 24,000 square feet, set to open later this year.

 

This apartment community of luxury, upscale apartment homes is like no other in the area.  “What has really been lacking is luxury apartments where people can stay. This is why buildings like this are so important in this part of the city,” said James Cason, Mayor, City of Coral Gables at the Grand Opening event on July 2, 2013.  Several tenants have moved in over the past couple of months as they put on the finishing touches but with the first phase completed and the second under construction, now is the time for anyone in the rental market to seriously consider Gables Ponce.

Management

Gables Ponce is owned and managed by Gables Residential which owns and operates large mixed-use, multi-family developments in major markets across the country.  Gables Residential knows how to manage apartment communities and has won awards for their successful communities where tenants have nothing but high regards for the management teams.

Location

The location of Gables Ponce is ideal in the heart of Coral Gables.  Gables Ponce is situated along Ponce de Leon Boulevard adjacent to the Village at Merrick Park.  Its location is also within very close proximity to the University of Miami, Historic Coconut Grove, and Coral Gables’ shopping and dining district along the Miracle Mile.  Additionally, Brickell and the newly renovated Design District as well as the major transportation hubs including Miami International Airport and the Port of Miami are all within a 15 minute drive. 

For Metrorail commuters, Gables Ponce is served by the Douglas Road station making it a breeze to head into Miami for work and play.  There is nothing like leaving Miami to come home to Gables Ponce every day.

Amenities

It is rare to find a rental apartment community that steps up in the way Gables Ponce does in terms of amenities. This community offers amenities that are equivalent with those of a five-star resort.  Gables Ponce not only showcases the most amazing pool area with tropical landscaping and gathering areas surrounding it, it features an elaborate game room, bar area, state of the art fitness center, a day spa and even a tricked-out demonstration kitchen.  Gables Residential leaves no stone unturned in terms of amenities. 

As for apartment homes, Gables Ponce offers the ultimate living experience with Coral Gables rentals.  From a beautiful modern kitchen with custom espresso wood cabinetry, granite counter tops, and Energy Star stainless steel appliances to the spacious bedrooms with walk-in closets to the expansive balconies overlooking Coral Gables and downtown Miami, these Coral Gables rentals are among the top apartment homes in all of South Florida. 

Rental Information

The first phase, recently completed, features one, two, and three-bedroom apartment homes with square footage ranging from just over 700 square feet for a one-bedroom unit to almost 1,200 square feet for a two-bedroom home.  Three-bedroom residences will be just over 1,400 square feet in size.  Rental rates range from just over $2,000 per month for a one-bedroom to almost $4,000 for a three-bedroom.  There are contemporary loft styled one-bedroom townhouses as well that are just over 1,100 square feet and have monthly rental rates just under $2,500.

To move in, tenants are expected to pay a deposit of $1,000 along with a $100 application fee and $350 administrative fee.  For a rental community of this caliber, the move-in fees are very reasonable.  And, as a bonus, the first month’s rent is free. 

Phase 2 is underway with completion set for around March 2014.  This phase adds another 119 units of one, two, and three-bedroom homes with additional space for retail on the ground floor.

Living on Vacation Every Day

There is nothing like living on vacation every day of the year.  At Gables Ponce, everything about the entire community screams five-star resort.  This Coral Gables rental community is without a doubt one of the most upscale of its kind.  It is no wonder that as the completion of the first phase drew near, the building was almost one-third leased on word of mouth alone!

Favorite Coral Gables Restaurants on the Miracle Mile

Coral Gables Restaurant Week just wrapped its 6^th annual event with huge success. Many of the participating restaurants are located on the Miracle Mile, the hub of “the Gables.”  While a lot of of our clients got to revel in Restaurant Week, others were not able to participate so we thought we would suggest some of our favorite Coral Gables restaurants on the Miracle Mile.

Ortanique on the Mile.  If you are looking for a unique and fun restaurant that is highly rated by most, if not all, restaurant critics and websites like Yelp, Ortanique on the Mile is a unique restaurant with an authentic Caribbean flair that mirrors its sister restaurant in Grand Cayman in terms of design, atmosphere and, especially, the food.  From ceviche to fresh salads and seafood (and let’s not forget fun tropical drinks), there are so many things from which to choose.  In fact, a common remark is that many people have trouble deciding when it is time to order.  A favorite extra that is actually a necessity is getting a menu with a little flashlight on it because it is rather dimly lit at Ortanique.  Ortanique is definitely a favorite for locals and visitors alike.  There is no better place to take out-of town guests if you want a “WOW” factor added to the evening. 

The Dome Restaurant Bar and Lounge, 271 Miracle Mile.  Located between Salzedo and Ponce de Leon is the recently opened Dome Restaurant Bar and Lounge.  An interesting delicious restaurant, the Dome is the first LEED certified restaurant in Coral Gables.  It is described as a “Latin Fusion Caviar Bar” but is actually so much more.  The great thing about the Dome is it is a great place for everyone whether you are with a group of people or having ‘date night.’  Everything on the menu is prepared using fresh, organic ingredients from the Dome’s garden.  At the Dome, presentation is everything.  They know how to make the meal unforgettable.  This is definitely one that you must try.

Seasons 52, 321 Miracle Mile.  Though not a ‘local restaurant,’ Seasons 52 is a new place that is all the talk.  It features the most delicious and fresh food that you swear that it comes straight from the local farmer’s market.  When paired with a wine from its award winning international wine list, you know you have hit the jack pot.  The service is impeccable.  This is an excellent place to have lunch while shopping, a business lunch or dinner, dinner with friends or even a nice quiet dinner for two.  A cool experience at Seasons 52 is dining at the Chef’s Table where the chef lays out a spread of amuse bouche for guests enjoy. 

CrepeMaker, 76 Miracle Mile.  This is not what you think when you think crepes.  The CrepeMaker features a more non-traditional crepe where the crepe is made into a cone and filled with fresh ingredients like salad, fresh vegetables, fruits and more.  For the traditionalist, they also make more “normal” crepes but stuff them with delicious fillings like pizza and other delicious fillings.  And for desserts, YUMMY is the only thing to say.  The CrepeMaker is a perfect stop when shopping along the Miracle Mile or at the Village at Merrick Park not to mention meeting a friend for one of their coffees or smoothies.

Red Koi Thai and Sushi Lounge, 317 Miracle Mile.  The Red Koi Thai and Sushi Lounge is the perfect spot when you are craving sushi or have a yen for Thai food.  With a décor style of Japanese minimalism on the lower level and a more lounge type atmosphere with candle light, lounge seating, a full-service bar and the ability to order from the full menu on the second level, Red Koi is bound to fit your mood. No one ever leaves the Red Koi without raving about everything from the food to the great drinks and awesome service.  This is a favorite of most everyone who lives in or regularly visits the Gables. 

So Many Choices

There are so many choices when it comes to dining on the Miracle Mile in Coral Gables.  No matter the type of food you crave, we promise that there is a restaurant on the Mile to accommodate it.  Venture over a block or two on each side of the popular street and the world is your oyster when it comes to discovering even more great eateries.  We cannot even begin to name them all!