Most Expensive Coral Gables Homes Sold (So Far) in 2013

With the pendulum swinging in a new direction, Coral Gables real estate is selling at a much faster pace.  This includes the high-end luxury homes in Coral Gables’ exclusive gated communities.  Following are the most expensive Coral Gables homes sold (so far) in 2013:

For Sale in Gables Estates

400 Arvida Parkway, Gables Estates, Sale Price:  $11,500,000

Originally listed for sale in 2011 (not a great time for homes of this caliber), this 13,849 square foot home finally sold in March.  We featured in a January blog as the second most expensive home on the market at that time.  This spectacular gated home features the most exquisite details throughout the entire home.  It is situated on deep and wide canal emulates a European chateau.  In addition, the home offers its owners 180 feet of seawall with direct access to Biscayne Bay which is ideal for mega-yachts.  The entire estate is breath-taking and has a wonderful interior with huge kitchen, tons of living space, and eight bedrooms, 13 baths.  After being listed and removed from the market then re-listed again, it took 322 days to sell the home.

660 Arvida Parkway, Gables Estates, Sale Price:  $9,800,000

This beautiful estate in Gables Estates sold after 428 days on the market. The 6,512 square foot home is situated on 1.1 acres offers its owners the most unbelievable water views. From high ceilings to a wonderful and enormous gourmet kitchen, five bedrooms and seven baths, it is easy to see why this home sold.  The understated elegance abounds.  Outside, the over-sized  resort-style pool sits adjacent to a phenomenal outdoor living area and canal frontage with a seawall and dock with lift.  For yacht owners, this area of Gables Estates offers ocean access with no fixed bridges and open access to Biscayne Bay.  The list goes on in terms of details, fixtures and finishes all without being ostentatious or overdoing it. 

555 Arvida Parkway, Gables Estates, Sale Price:  $7,000,000

Gables Estates is probably Coral Gable’s most exclusive neighborhood and inside is this beautiful Mediterranean style masterpiece.  This 8,500 square foot home sits on a large canal and features a large sea wall and dock that accommodated large yachts and provides easy access to Biscayne Bay and ultimately the Atlantic Ocean.  In addition, there is a perfectly landscaped lawn that surrounds the home and showcases a beautiful over-sized pool.  Inside the home, the living area is open and features beautiful fixtures and finishes expected in a home like this one.  On the market for just a little over seven months, this home sold in 236 days. 

For Sale in Old Cutler Bay

9345 Balada Street, Old Cutler Bay, Sale Price:  $6,700,000

On the market a little over four months, it is no wonder that a home at this level sold so quickly.  Not only is it a Smart home,built in 2006, it is a home that offers details such as beautiful stone and wood flooring, expansive sliding glass walls that open to the dramatic outside, an infinity pool, home theater, two offices, a gym, wine cellar, marvelous gourmet kitchen; private baths in all seven bedrooms. Situated on the water, the trip into the bay is a very short boat ride and makes for phenomenal days on the water.  There is nothing better than this home.  It is the perfect home for families. 

190 Casuarina Concourse, Gables Estates, Sale Price:  $6,172,000

The new owners of this estate spent almost $6.2 million for a main residence with three bedrooms and four and a half bath in addition to a guest house with one bedroom, one bath.  It is a classic Florida waterfront estate with walls of glass showcasing amazing water views and elegant backyard.  One of the best highlights of this gorgeous home is the open-wood beamed ceilings that are elegant and understated.  Other bonuses are the large gourmet kitchen, salt water swimming pool, private dock, lift and 200 feet of seawall.  The canal is wide goes out into open water accommodating large yachts as there are no fixed bridges and easy access to the Bay and the Atlantic. 

More Estates Hitting the Market

The most interesting thing to note is that while a couple of these homes stayed on the market for a bit of time and others sold a little quicker, more estates are hitting the market with much higher list prices.  Coral Gables real estate is filled with gorgeous gated neighborhoods that are home to many beautiful estates and tons of opportunities to buy there. 

Top Five Coral Gables Waterfront Properties under $2 Million

Waterfront property is very popular in South Florida especially with boaters.  It is not uncommon to see yachts and boats of all sizes out on the waterways – Biscayne Bay, canals leading to the Bay as well as the Intracoastal Waterway and area rivers – all the time.

With property that lines the waterways, many of the enormous estates have elaborate and sophisticated docks that accommodate mega yachts and multiple vessels as well as lifts.  In Coral Gables, waterfront property comes at a premium.  The closer you are to the Intracoastal Waterway, the more expensive the property.  But, it is still possible to invest in Coral Gables real estate on the waterfront without breaking the bank.  Following are top five Coral Gables waterfront properties under $2 million:

For Sale in Gables Country Club

4735 Orduna Drive, Coral Gables Country Club, List Price:  $1,999,000

One of the best features in classic “old Florida” style homes like this one is the character it has.  Built in 1957, this canal home has have details that are not seen as often in newer homes.  From the Mission-style barrel clay roof tiles to the contemporary style of the era and open floor plan made for living, this is a wonderful and large home with five bedrooms, four baths, and office in addition to a huge gourmet kitchen with granite counter tops, tons of cabinet space, and two dishwashers.  The master suite is large and has a private bath with marble floors, granite counter tops and more.  The outdoor living area looks over the gorgeous pool and backyard adjacent to a great dock and unobstructed panoramic water views and a prime place to watch the manatees and dolphin swimming in the tranquil canal waters.

For Sale in Gables Riviera

825 South Alhambra Circle, Coral Gables Riviera, List Price:  $1,995,000

Upon entering this home, the first word uttered is definitely “WOW!”  It is an amazing architectural masterpiece.  Built in 1940, it has so many exquisite details that guests simply want to sit and stare.  It is a Mediterranean-style home situated on slightly over a half-acre landscaped lot and features 192 feet of waterfront on the Mahi Canal.  Boaters have direct access to the Bay with only one fixed bridge that accommodates vessels up to 12 feet.  Inside this home exudes so much elegance with stone, tile and hardwood floors, gorgeous wood-beamed ceilings and so much more.  Outside, there is a gracious living area that surrounds an inviting pool with tropical landscaping all around.  The enormous gourmet kitchen features granite counter tops, custom cabinetry, and more.  There is also a beautiful family room with all of the details seen throughout the house.  The master and five other bedrooms are large and wonderful places to squirrel away for “alone time.”  There is no doubt that how spectacular this home is.

For Sale in Gables by the Sea

951 Bella Vista Avenue, Gables by the Sea, List Price:  $1,950,000

Moving further south to the gated community of Gables by the Sea showcases a couple of waterfront homes including this gorgeous home offering quick and direct access to the Bay with NO bridges.  This home’s layout is easy and flows well creating a calm atmosphere.  Built in 1968, it has the classic “old Florida” style with modern updates.  With over 3,600 square feet, it features two master suites (one located on the first floor and the other on the second floor).  Upstairs bedrooms overlook the waterway, pool and beautifully landscaped backyard.  Also included are extra rooms ideal for a home gym, maid’s quarters, home office or any other ideas.  The outdoor living area is very private and the perfect place to spend time in the Florida sunshine. 

13040 Nevada Street, Gables by the Sea, List Price:  $1,795,000

Originally built in 1961, this Gables by the Sea home is just under 3,000 square feet with three bedrooms and three baths.  It exudes contemporary luxury with recent remodeling of the open and split floor plan.  The large kitchen is sleek with stainless steel appliances making it ideal for anyone who loves to be in the kitchen.  Other details include a large family room off the kitchen, a lovely living and dining room as well as an extra room that is perfect for a fourth bedroom or home office.  Outdoors, there is a fantastic and private pool along with 80 feet of waterfront with no bridges and easy, direct access to the bay. The best part of this home is that it is listed turn-key and has a brand new roof in addition to impact resistant windows and doors, and a two and a half car garage. 

For Sale in Gables Country Club

4706 Granada Boulevard, Coral Gables Country Club, List Price:  $1,745,000

Where do we start on this home?  It is amazing and big but not in an obtrusive kind of way.  It is simply a spectacular home with all the bells and whistles that make it unbelievable.  First of all, we cannot wait to talk about the mother of all walk-in closets in the master suite with shelves, glassed cabinets, drawers and places to hang clothing.  It is a dream closet.  From there, the eat-in kitchen features tons of granite counter top space with an island, stainless steel appliances and updated custom cabinetry.  The next thing is the fabulous outdoor living area with full outdoor kitchen (oven, dishwasher, and gas burners), large pool and panoramic canal views.  There is a dock on the canal that provides bay access with a few fixed bridges that accommodate vessels up to 10 feet.  With five bedrooms and four and a half baths under over 5,000 square feet, this is a perfect home for a large family. 

                                                                           

Waterfront Homes throughout Coral Gables

While there are waterfront homes throughout Coral Gables, they are premium properties with premium price tags.  Knowing that waterfront property under $2 million is a possibility is very promising to many buyers.  Check out the waterfront homes (and condos) in Coral Gables.  They are beautiful and make living in this part of Florida a lot more fun.

Midtown Lofts Miami

Named Midtown Lofts Miami, this piece of Coral Gables real estate is a boutique condominium built in 2006  with 14 stories and only 99 residences of which 85 are loft residences and 14 are traditional condominium units.  While it is often billed as a ‘Miami’ loft condominium and sits at the edge of Miami, it has a Coral Gables address.  As for location, it offers a straight shot to Coral Gables, Coconut Grove and Brickell.  It is just as close to Coral Gables’ Miracle Mile as it is to Brickell or the up and coming Design District with other popular areas in South Florida being just a short drive away.

As a well-sought after address in Miami and Coral Gables, Midtown Lofts was designed by Cohen, Friedman and Encinosa.  Other recognizable area condominiums from Cohen Friedman and Encinosa include Gables Marquis in Coral Gables, the  Mutiny and Grove Isle in Coconut Grove, and Related Lofts in Miami just to name a few. 

Midtown Lofts Miami Amenities

Midtown Lofts Miami is a wonderful place to live with so much to offer its residents.  Not only does it have a primo location, it features everything from a fitness center with sauna, an outdoor pool with pool deck off the fifth floor, enclosed parking as well as building and parking access controls to a relaxation garden, concierge and 24-hour security. 

Inside each residence, there are open floor plans ranging from 633 to 1300 square feet, ceilings rise up to 10 feet and floor to ceiling sliding glass doors that open up to nice balconies with beautiful city and water views.  The kitchen is open and welcoming with granite counter tops, stainless steel appliances, European cabinets, and more.  A great bonus is that all of the two-bedroom units have wine coolers in the kitchen.  In addition to the lofts and traditional condominium residences, there are also two-story townhome lofts available.

Real Estate at Midtown Lofts

As for real estate, Midtown Lofts is one of Miami/Coral Gables’ sought after condominiums.  It offers affordable and gorgeous Coral Gables real estate is ideal for first time buyers and vacation home owners alike.  In addition, these are excellent real estate investments because of their affordability.  List prices for the eight units currently for sale range between the low-$100s for a studio and mid-$400s for a two-bedroom unit.

So far, in 2013, five units have sold between the low-$100s and mid-$200s.  When looking at the average number of days on the market, average for these five properties is 209 days but that includes one property that took over 960 days to sell.  By taking that one out of the mix, the average dropped to only 20 days – less than a month. 

In terms of Coral Gables rental properties, investors can expect to receive $1,500 to around $2,500 per month for rental rates.  This makes for an excellent investment property as the community is more affordable than others around it.

Close to Everything

Not only do the Midtown Lofts offer an open and contemporary loft to call home, the condominium is close to everything.  Living here allows easy access to pretty much every popular area in South Florida.  This is a great, great place to live.    

Gables Country Club

Gables Country Club is a very established and beautiful neighborhood in Coral Gables.  Situated in the heart of the Gables, it has a Mediterranean feel where tile roofs, awnings and intricate interior details not found in today’s newly constructed homes.  While the list prices range in a broad spectrum, it is very realistic to by a beautiful home in Gables Country Club for under $1 million.  Here are the top five Gables Country Club homes priced under $1 million:

For Sale in Gables Country Club

3226 Riviera Drive, List Price: $999,000

The location of this home is ideal as it is only a half block from the Biltmore Golf Course.  It features four bedrooms and four baths under about 2,640 square feet.  It features a wonderful and large kitchen with stainless steel appliances and glass front kitchen cabinets. Some of the unique details include a hardwood floors, Cuban tile, a courtyard with small pond, and a wonderful backyard area.  While the home had additions in the 1980s, it is in need of some work.  Because the location is so spectacular, another option is to build a new home on this perfect 1/3-acre lot.

4220 Alhambra Circle, List Price:  $899,000

This fantastic home in Gables Country Club is surrounded by a privacy wall and gorgeous mature landscaping.  It has so much character inside and out.  The rooms are large and open with lots of details.  There is a large gourmet kitchen with granite of counter space, stainless steel appliances including a double oven, and tons of cabinets.  There is a perfect courtyard to sit and enjoy the beautiful Florida sunshine.  It is located on a quiet street that is close to great schools and top golf courses.   With four bedrooms and three and a half baths under 3,100+ square feet, it is perfect for a growing family.

921 University Drive, List Price:  $775,000

‘WOW’ is the word for this Gables Country Club home built in the 1950s.  It has amazing fixtures and finishes inside and out that give it so much character.  Inside the ranch style home features high wood beam ceilings and tile floors throughout the rooms, and large windows and glass doors that showcase natural light.  The large kitchen has been newly updates with stainless steel appliances, custom cabinets, a nice-size wine rack and lots of space to create gourmet meals.  There are four bedrooms and three baths in the 2,900+ square foot home that is situated on just over a ¼-acre lot with tons of mature and tropical landscaping.  The location is perfect as it is very close to the Biltmore Golf Course and just a short drive to the Miracle Mile.  With four bedrooms and three baths not to mention the large lot and top schools nearby, this is an ideal home for families. 

413 Fluvia Avenue, List Price:  $750,000

A classic Florida-style home this is an unbelievable home situated just short drive from everything including Coconut Grove, the Miracle Mile, the University of Miami.  Inside, the home has a wonderful layout with hardwood floors throughout the entire home and large rooms that are great for entertaining.  Built in in 1951, there are three bedrooms, two baths and a great kitchen in which cooks can easily move around and prepare excellent feasts.   Outside, there is a large pool with Jacuzzi as well as two stay areas where everyone can enjoy the Florida sunshine.  The home is surrounded by beautifully manicured landscaping.  This is simply a perfect home on a perfectly quiet street that is close to everything – what everyone wants!

Gables Country Club Homes For Sale

423 Candia Avenue, List Price:  $745,000

This is an absolutely lovely home built in 1926 with a Spanish-style architectural design.  It has all the charm and detail for which a home of this era is known.  From the front porch that leads from the carport to the living room with wood beam cathedral ceilings and fireplace to the large master suite with several closets (yes several) and master bath, this home has so much character throughout the entire home.  The backyard is large and features a small cottage with an open floor plan and newer bath to be used as a guest house or mother-in-law quarters.   Because it is a dated home, the home needs a little TLC to bring it to the glory of days gone by but the location close to everything in Coral Gables as well as surrounding areas makes it well worth the effort. 

The Heart of the Gables

Living in Gables Country Club is living in the heart of the Gables.  Close to most every part of Coral Gables, it is a neighborhood filled with residents who love where they live and take to preserve the character and atmosphere.  There is nowhere else in the area where you can find such wonderful homes with such attention to detail as in these “old Florida” bungalow and Spanish mission-style homes.  No wonder it is such a well-sought after area of the Gables and South Florida. 

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!

Fun Things to Do in Coral Gables

Coral Gables is a city just south of Miami with a tropical feel in a very upscale atmosphere.  With so many things to do in Coral Gables, we thought we would feature our favorite places to go and see in our “city beautiful.”

Fairchild Tropical Botanic Garden.  For locals and visitors alike, Fairchild is an enchanting place to visit.  There is so much to see from fragrant tropical plants and flowers to the world’s largest collection of palms, this is the perfect place to spend a relaxing day exploring the gardens, science village and special events.  The Science Village features an interactive exhibition that showcases nature at its most elaborate with over 3,000 butterflies and more in which visitors of all ages can participate.  It captivates and mesmerizes everyone who steps into this venue of exploration.  In addition to offering some of the most beautiful flowers, trees and plants, the garden is a catalyst for education and conservation.  We love the annual events like the Mango Festival in July and the Bird and Edible Garden Festivals in October.  For kids, the Fairchild Tropical Botanic Garden offers Free Days at Fairchild every first Wednesday, June through November – no better way to keep kids thinking and learning through the summer!

Matheson Hammock Park.  For anyone who wants to be at the beach very quickly, Matheson Hammock Park is the perfect place.  As the first county park in Miami, this 630-acre park showcases a man-made atoll with palm trees all around the area.  This is great for families who want to let their kids safely play in the water and enjoy a day at the beach.  With a snack bar, restaurant and picnic areas, it really makes for a perfect day in the Florida sunshine.  Kite boarders love launching at Matheson because of the calm waters and active breezes.  On top of all of this, there is a full-service marina that accommodates vessels up to 50 feet.  After spending one day there, everyone will see why we love Matheson so much.

Venetian Pool.  The Venetian Pool is just simply cool.  One of our clients calls it a “chunk of paradise” and that is it in a nutshell.  Made from a coral rock quarry in 1924 and listed on the National Register of Historic Places, people from all over the area come to spend the day at this magical wonder.  We always suggest it to clients as a “must see.”  The interesting thing is that it is the largest fresh water pool in the United States where the water is displaced every day from artesian wells – over 800K gallons EVERY DAY! 

Family Day on Aragon.  The second Saturday of each month between 11am and 4pm, Coral Gables Museum, Coral Gables Art Cinema and Books and Books join forces to offer a family friendly day of cultural activities.  It includes story-telling, music movies in an air-conditioned theatre (after all, this is South Florida) and so much more -- even pilates!  We love going to each place by itself but, as a group effort, they really hit the nail on the head as a wonderful Gables event.  For families, this is a very inexpensive day where everything is free or extremely discounted.  Kids love the movies and stories and parents love to meander through the museum. 

Miami Science Museum.  For now, it is a Coral Gables landmark…until the completion of the Frost Museum of Science in Brickell.  Located just across from Vizcaya, there is so much to see and do at the Miami Science Museum.  Current exhibits showcase moving things, hurricanes, Miami climate and more.  Other fascinating things to see are the planetarium, an energy tracker, Florida birds and other exhibits.  Kids can participate in summer camps and other summer fun.  We always recommend this place to clients because it is enthralling to see everything.  To take it one step further, the new museum set to be completed in 2015 offers a virtual tour on the website so that anyone can watch the progress of the new construction.

Much More to See and Do

With so much more to see and do, these are five of our favorite things to do in Coral Gables.  Surrounded by phenomenal Coral Gables real estate, residents are so fortunate to have these outstanding venues at their doorsteps.  No wonder everyone loves Coral Gables!