Condominiums in Coral Gables

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Coral Gables property for sale

The nickname of Coral Gables is “The City Beautiful” and it speaks for itself. The city is a part of Miami-Dade county located 7 miles (11 km) southwest of Downtown Miami. With just under 50 000 population, it is a very safe and friendly community to enjoy your life not far from the ocean. 

Why moving to Coral Gables is a brilliant idea?

  • An ideal location

Coral Gables is a very calm area, a perfect combination of an urban and suburban environment. You can live a life in a busy city during the working week and enjoy your wonderful beach weekends spending quality family time near the ocean. If you move 9.36 miles from Coral Gables in the northeast direction following the US-1 route, you’ll reach South Beach. Coral Gables and South Beach are 18 minutes apart if you drive non-stop. 

  • High standards of safety

Coral Gables has been announced as the second safest city in Florida and one of the safest cities in the country. The crime level is one of the US's lowest. The city has its own police and fire departments.
Brilliant job opportunities
Since the city itself is quite a small community, job perspectives are not so great. But being part of such a great megapolis as Miami provides profound career opportunities in almost every sphere possible. 

  • Education and health care

There is a wide variety of elementary and high schools in Coral Gables as well as preschools and daycare facilities. Medical facilities are all part of the National Health Care system and provide all necessary medical services, so there is no need to travel to central Miami every time your check-up is due.

  • Affordability 

You can’t really say that Coral Gables is one of the most affordable cities to live in. In the chart below you can see that, by most parameters, Coral Gables is more expensive than other cities in Florida or elsewhere in the country. The cost of living numbers in the chart are based on a US average of 100. If you see a lower number for Coral Gables, it means the cost of living in this perspective is cheaper in Coral Gables, the number that is more than a hundred would mean it is more expensive than in the rest of Florida or the US.

Coral Gables cost of living is 176.3

COST OF LIVING

Coral Gables

Florida

USA
Overall 176.3 102.8 100
Grocery 114.2 102.8 100
Health 98.8 98 100
Housing 322.8 102.6 100
Median Home Cost $902,900 $294,900 $291,700
Utilities 93.6 101.3 100
Transportation 133.4 112.6 100
Miscellaneous 103.3 96.9 100

As you can see, most indices are higher than 100, which means that the cost of living in Coral Gables is above average. So are the standards of living and the quality of life as well. Nevertheless, we should admit that living in Coral Gables cannot be called unaffordable. The reason for that is mentioned above great choice of career opportunities, a hot property market that offers many household options, and very friendly tax laws. All that put together attracts thousands of new residents to this area every year and makes the idea of moving to Coral Gables so appealing.

What are the pros and cons of living in Coral Gables?

We would like to present a well-organized list of advantages and disadvantages of living in officially one of the best cities in Florida, Coral Gables. But the thing is: here in Miami and around it, everything is so ambiguous that it can be really hard to tell pros from cons. A very good example here is the weather. It is wonderful almost all year round. Nice and warm it will let you celebrate Christmas on the beach and enjoy any kind of water sports yet even in January. It is absolutely wonderful almost 70% of the time. Well, the rest 30% can be really tough when it rains every afternoon, get really hot and humid so that you feel like a ready-made dumpling.

Another thing that makes living in Coral Gables unique in both good and unpleasant ways is international diversity. Miami and all the cities that are in or around the megapolis, and Coral Gables is not an exception, are multicultural. And this wonderful variety of nations can be both a blessing and a serious difficulty. With so many cultures mixed together like a melting pot you can enjoy pretty much any cuisine in the world in the restaurants and a great number of diners in Coral Gables. On the other side, such a crazy number of drivers from all different cultures, all with their own traffic rules, makes driving around Miami-Dade pretty difficult, impossible at times. The situation with public transportation unfortunately does not make things any easier. 

With all that mentioned Coral Gables is still a unique and very attractive city to live in. and, if you are still in doubts about whether to choose this beautiful place for living or not, you are very welcome to contact our real estate advisors who are always happy to consult you and provide you with all necessary details to help you with such life-changing decision.