he city of Coral Gables is architecture that is mostly
situated in Miami-Dade Mediterranean in character. The
County in Florida, to the developer formulated a concise
south-west of Miami. Famously is planning for the city so much so
also referred to as simply "The that he boasted that no business
Gables" and is best known for was too far away for anyone to
being the home to the University reach. Coral Gables is also
of Miami. It is located at 25 43' referred to as the "The City
42"N, 80 16' 16" W and has an Beautiful" and is situated very
area of more than 96 km sq. close to the Miami International
According to a recent estimate Airport and the Port of Miami.
the city has a population of more The city is perhaps most
than 42,000. The average price of acclaimed for being home to a
a home is about $900,000 dollars. large number of high quality
Over 60% of the residents earned dining establishments like
a bachelor’s degree or higher. Norman's and Christy’s and
Average household income is about retailers known internationally.
$75,000 dollars. The average home
age is 49 years old. The Gables also has some major
places of interest among which
The history of the city is the most famous are Coral Way
comparatively new when compared scenic drive, Montgomery
to other cities in the United Botanical Center, the University
States. It was developed by of Miami and the Venetian Pool.
George Merrick somewhere in the The Coral Way is none but the
1920's. Despite a relatively new State Road 972, in which the
history, Coral Gables is one of beauty lies in the banyan trees
the first classic planned lining the road. The Montgomery
communities with three-lined Botanical Center is a non- profit
boulevards, winding roads and botanical garden that collects
seeds of wild plants from world here is luxurious and elegant.
over, but primarily emphasizes on Currently over 500 homes are
cycads and palms. It acts as a available for sale from $400,000
research facility and is not open dollars to over 10,000,000
for public visits. The University dollars. There are over 300
of Miami happens to be a major condos for sale from $200,000
center for education for Coral dollars to over $2,500,000
Gables and the surrounding areas. dollars. Presently the real
It was founded in 1925 and is estate market in Coral Gables is
accredited to the Southern very slow and there are many
Association of Colleges and chances to find a beautiful home
Schools. Among all the at an excellent price. Coral
interesting sites in Coral Gables Real Estate is due to
Gables, one of the most unique is improve again by 2009. Now is the
the Venetian Pool which looks time to buy a home in Coral
complete with a Venetian style Gables.
bridge and classic mooring posts.
The Biltmore Hotel, the City Hall
building, the De Soto Fountain,
and Miracle Mile are also a must
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About the Author:
Hector Lesende is Owner/Licensed Real Estate Broker in Miami South Florida. Please visit http://www.lesende.com Search Coral Gables Real Estate at http://www.lesende.com/coral-gables-real-estate.php We will sell your home from only 1% commission. We offer a South Florida Foreclosure and MLS list.