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Coral Gables Luxury Homes: What $2M to $15M+ Gets You

Coral Gables Luxury Homes: What $2M to $15M+ Gets You
Quick answer Luxury home market in Coral Gables - Mediterranean Revival estates, Gables Estates waterfront, and what different price tiers deliver in 2026.

Coral Gables luxury real estate is anchored by Mediterranean Revival architecture, large mature lots, and for the waterfront tier, some of the most beautiful bay-front properties in Miami-Dade. Here is what different price tiers actually get you.

$1.5M-$2.5M

The entry to mid-range for Coral Gables single-family. Historic Mediterranean homes on smaller lots in the core neighborhoods, or larger lots further from the historic center. These homes typically need some updating (kitchens and bathrooms from the 1980s-1990s) but the bones and the location are excellent. Good school zones. This is the most active price range in the Coral Gables market.

$2.5M-$5M

Well-positioned, updated Mediterranean Revival homes in the best interior neighborhoods. Large lots in Ponce Davis and Riviera. Contemporary new builds adjacent to the historic area. Fully renovated estates. At this level you are getting a home that is move-in ready and represents Coral Gables at its best for non-waterfront.

$5M-$15M

Gables Estates and large waterfront properties on the bay and canal system. At this level the homes are custom, large (5,000-10,000+ sq ft), and positioned on properties with meaningful land. The architecture ranges from updated Mediterranean to contemporary new construction.

Gables Estates

The top tier of the Coral Gables market. A gated enclave on Biscayne Bay with properties that rank among the most significant residential real estate in South Florida. Very limited turnover, prices typically $8M-$25M+. Buyers here are serious and typically know exactly what they want.

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