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Coral Gables was incorporated on April 29, 1925 as one of the United States' first planned cities, the work of developer George Merrick, who modelled it on the City Beautiful Movement and mandated a Mediterranean Revival aesthetic for nearly every structure. A century later that original code still

Coral Gables
Coral Gables

FL

Coral GablesCity Guide

Mediterranean Revival blocks, Biltmore towers, banyan tunnels.

Median sale price$1.3M
Founded1925
Population~50,700
Area12.9 sq mi
Median household income$130K

Coral Gables was incorporated on April 29, 1925 as one of the United States' first planned cities, the work of developer George Merrick, who modelled it on the City Beautiful Movement and mandated a Mediterranean Revival aesthetic for nearly every structure. A century later that original code still shapes the streetscape: cream stucco, barrel-tile roofs, banyan-shaded boulevards, and named entrance gates instead of street signs.

The city covers 12.9 square miles south-west of downtown Miami and is home to roughly 50,700 people, the University of Miami's main campus, and a median household income of about $131,000. Spanish is spoken at home by more than half of residents, and Coral Gables sits at the centre of Greater Miami without surrendering its own quieter, more architectural character.

What it feels like

It is the part of Miami that closes for lunch. Old-money tennis clubs, Italian restaurants that have been here since the 80s, a free trolley you can flag down on Ponce de Leon, and the Biltmore looming at the western edge like a stage set. Buyers come here for the trees as much as the houses.

Key Details

What makes Coral Gables special

The housing market

Single-family Mediterranean Revival homes dominate the historic core, with high-rise condos clustered along Coral Way and Ponce de Leon. Median sale price hovered around $1.3M in early 2026, with luxury bayfront enclaves like Cocoplum and Gables Estates pushing well into eight figures.

Getting around

The free Coral Gables Trolley has run since 2003 and now carries over a million riders a year across the Ponce, Grand Avenue, and Southern Loop routes. Douglas Road Metrorail station puts Brickell and downtown Miami within a 15 to 20 minute ride.

Schools and university

The University of Miami's main campus sits inside city limits, anchoring the southern half. Coral Gables Senior High is a long-running public option; the surrounding Miami-Dade district has been A-rated four years running, and 40+ private schools serve the area.

Landmarks

The 1926 Biltmore Hotel, the 1923 spring-fed Venetian Pool, the Miracle Mile, and Coral Gables City Hall form a tight cluster of National Register architecture inside two square miles.

Green space

Fairchild Tropical Botanic Garden's 83 acres back onto Matheson Hammock's 630, with a tidal atoll pool, marina, and the city's only waterfront restaurant. Inland, the streets themselves act as canopy, with banyan and live oak tunnels along Granada Boulevard and Coral Way.

Who lives here

Families, university faculty, attorneys, doctors, and a sizeable Latin American community. Median age 39, 56% Hispanic, and a homeownership rate well above Miami-Dade as a whole.

Lifestyle & Highlights

The best of Coral Gables

Market Intelligence

Real estate trends in Coral Gables

Frequently Asked Questions

Common questions about Coral Gables

Talk to a Coral Gables specialist

From historic Mediterranean homes around Miracle Mile to waterfront estates in Cocoplum, our local agents can match you with the right pocket of Coral Gables. Tell us what you're looking for.