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Coral Gables Real Estate The Gables



T


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       see.                                  type="text/javascript">              
                                                                        
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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.

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