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September 2, 2014 / Oceanica Real Estate / 0 Comments /

Coral Gables

Located southwest of Downtown Miami, the City of Coral Gables was one of the first planned communities in the United States. Developed  by real estate mogul, George Edgar Merrick, during the Florida land boom of the 1920s, the city is made up of predominantly Mediterranean Revival architecture. Called “The City Beautiful,” Coral Gables is known for their tree-lined boulevards, fountains, and winding roadways, making it one of the most popular “old-fashioned” neighborhoods in the Miami area. Today nearly 50,000 people live and work in this very attractive and vibrant community.

The downtown commercial district of Coral Gables was designed to be only four blocks wide and just two miles long, giving Merrick bragging rights that all of the businesses in the area were located within a two-block walk. Today, a portion of this business center is referred to as the Miracle Mile, and is one of South Florida’s premier shopping destinations. Packed full of shops, art galleries, boutiques, theater, and restaurants, the Miracle Mile attracts tourists and residents alike, known for its commitment to quality and personal service. In addition, Coral Gables also receives national attention as the home of the University of Miami. Not only does the university provide exciting entertainment opportunities, such as collegiate sporting events, arts, and music events, it is also the largest employer in the area, bringing thousands of jobs to the community. Other local points of interest include the Biltmore Hotel, Coral Gables Museum, Coral Way scenic drive, Fairchild Tropical Botanic Garden, Jerry Herman Ring Theatre, Lowe Art Museum, and the Venetian Pool.

Coral Gables is a dynamic community that, unlike many other parts of Florida, isn’t influenced as greatly by seasonal shifts. Due to it’s easy access to Miami International Airport, the Port of Miami, and downtown Miami, the city is very attractive to potential residents and businesses alike. In addition to world class shopping, dining, and entertainment, Coral Gables has a strong offering of banking, investment institutions, health care, and professional services.  The city also provides 22 parks with seven playgrounds and 33 public tennis courts for the active residents. There are two private and two public golf courses, as well as hiking and bike paths, and the Matheson Hammock Park and Marina, offering something for just about everyone in this diverse community.

Real estate in Coral Gables is about as diverse as the community itself. Whether you dream of living in a gated estate with privacy or a sky-high luxurious condo with breathtaking views, you can find it in Coral Gables. Single family homes are plentiful while townhouses and apartments are also available. The price range of homes in the area is wide, ranging from $350,000 to $35 million. Convenient access, world-class dining, shopping, and entertainment, exposure to art and culture, and recreational opportunities galore make Coral Gables a very desirable place to live, work and play.

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