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Coral Gables
Miami, FL
Coral Gables, established as a planned community in 1921, is Miami-Dade's best well-rounded community. Situated southwest of Miami and along Biscayne Bay, Coral Gables boasts clean and modern public spaces, beautiful green parks, shopping, restaurants, and extensive professional services. The city is home to more than 150 multinational corporations and is known as the Corporate Capital of the Americas.
Coral Gables is also one of South Florida's primary cultural centers; there are currently 44 art galleries and 28 theater/dance groups located within the city. Local sporting enthusiasts enjoy three golf courses, extensive tennis facilities, and the Venetian Pool, a spring-fed 820,000 gallon swimming pool surrounded by caves, waterfalls, and grottos. Coral Gables is also home to the University of Miami and the world renowned Biltmore Hotel.
The population of Coral Gables is 42,249 with a median age of 38 (vs 35 for the US as a whole). 58% have a bachelor's degree or higher vs. 24% for the US as a whole. 38% are foreign born vs. 11% for the US as a whole, and 57% speak a language other than English at home vs. 18% for the US. The median commute time is 23 minutes, and the median household income is $66,839 vs. $41,994 for the US. 34% of housing units are renter-occupied. Single-family owner-occupied homes have a median value of $336,800 vs. $119,600 for the US. Median monthly owner costs are $2,309 with mortgage, or $767 without mortgage.
Median rent is $754. Residents primarily work in management and professional related occupations.
Advantages. Like Miami Beach, Coral Gables has so many advantages it's hard to list them all. It's centrally located; four miles to downtown Miami, five miles to the seaport, three miles to the airport, and three miles from Coconut Grove. The city is well laid out and covered with trees. Cultural and sporting activities are numerous and restaurants of every flavor are only minutes away from the residential neighborhoods. Medical services are abundant; the city is served by three hospitals and one nursing home. Professional jobs are plentiful; the city houses numerous legal, financial, architectural, engineering, and accounting firms. Coral Gables is the perfect city for the up-and-coming professional who wants to live, work, and shop in one location.
Disadvantages. The primary disadvantage of Coral Gables is the cost of living; Coral Gables is approximately 33% more expensive than the average American city and 23% more expensive than Miami-Dade County as a whole.
Developments in this Suburb
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Events Calendar
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| Suburb Facts |
| Population: |
42249 |
| Average home price: |
$ 336800 |
| Home price range: |
$300000 to $3000000 |
| Commute time: |
23 minutes |
Major employers:
150 corporate headquarters |
Activities:
Golf, tennis |
Shopping:
Extensive local shops and boutiques, Merrick Park Mall |
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| Apartments, Condos, Houses and Roommates |
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apartments for rent; includes maps, pictures, complete apartment details and a special $100 rebate. | |  | |
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