Here’s What You Can Get For $ 1.5 Million In Coral Gables, Florida

Coral Gables is a Florida city offering the benefits of the state’s warm weather and low taxes, access to nearby Miami, and the green, quiet tranquility of a small community.

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Nicknamed ‘The City Beautiful’, Coral Gables is an early example of a planned community incorporated in 1925. Its houses feature Mediterranean Revival style architecture and the town has been carefully laid out around a main thoroughfare and space. green designed by Frederick Law Olmstead, who also designed New York’s Central Park.

Coral Gables is located just southwest of Miami. It is home to the University of Miami and the headquarters of companies like Fresh Del Monte Product and Bacardi USA.

The affluent community is also home to a number of celebrities. Among those believed to have bought homes there are Jennifer Lopez and Alex Rodriguez, Timbaland and Pharrell.

Many of the town’s homes are listed on the National Register of Historic Places and its Biltmore Hotel is a National Historic Landmark.

The average sale price at Coral Gables peaked at over $ 1.1 million last September, according to ONE Sotheby’s International Realty. And last month, homes were spending an average of less than 100 days on the market. The number of active ads increased from nearly 200 from January 2020 to January 2021.

Here’s a look at what you can get in Coral Gables, Florida on a budget of $ 1.5 million:

Alhambra Circle – $ 1.459 million

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This home sits on an oversized lot one block from a golf course.

The 2,718-square-foot home features four bedrooms, three bathrooms, and a half-bath, as listed with Cristina Soler.

The house has a hall with a vaulted ceiling. The living room has a fireplace and is open to the family room and the formal dining room. There are marble floors on the ground floor and wooden floors on both levels.

Two bedrooms are on the ground floor, while the master suite and a second suite are upstairs.

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Outside, the property has a terrace and swimming pool, as well as a very large garage for two cars.

Giralda Place – $ 1.25 million

This two story, seventh floor townhouse offers great views and amenities.

The 1,783-square-foot home has two bedrooms, two bathrooms, and a half-bath, as listed with Eduardo Pruna.

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The house has an open floor plan with floor to ceiling windows. The kitchen has a breakfast bar and marble floors run through the kitchen and living room.

The master bedroom has a view of downtown Coral Gables. The bathroom has a walk-in shower and a separate bathtub.

This townhouse is ready to move into. It is fully furnished.

The house includes a private elevator entrance that bypasses the main hall of the condominium building, but also offers direct access to the swimming pool and the leisure terrace.