Luxury NeighborhoodsGables Estates
General Overview
Live the high life in Gables Estates – a secluded gated community that offers nothing less than the best in luxury living in South Florida.
Bordered by the shores of beautiful Biscayne Bay, Gables Estates is an exclusive, guard-gated community famous for its extravagant mansions and lavish homes, many of which come equipped with private docks.
Homes in Gables Estates range from 1960s-era mansions to more modern properties. These homes come in various architectural styles, the most common of which include the Mediterranean Revival, Spanish, and Art Deco styles.
Highlights
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The Coral Gables Museum
Located in Downtown Coral Gables, this museum is famous for its exhibits that celebrate the history, vision, urban and environmental design, and cultural landscape of the city. Aside from its exhibits, the museum also offers monthly biking and Saturday morning walking tours, in addition to special events and programs.
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Bill Baggs Cape Florida State Park
Those looking for a quiet alternative to Miami's more popular beaches will find that tranquility in this venue. Located at the very tip of Key Biscayne, Bill Baggs Cape Florida State Beach has two on-site restaurants, as well as a historic lighthouse that offers scheduled tours.
Average Land Area/House Square Feet
Many properties in Gables Estates are also considered to be among the largest in the Miami-Dade area. Credit for the immensity of these properties goes to HOA rules that require homes to be at least 3,000 square feet in size.
General Cost of Living
It is also this more than ample size of homes here that makes property values in Gables Estates higher than usual. Other factors include their waterfront location, modern fixtures, and exquisite construction. Prices currently range from roughly $10 million to more than $50 million.
Prospective buyers should also note that membership in the Gables Estates Club, Inc., is a prerequisite to purchasing homes in the area. This is one of the key factors behind the community’s privacy and exclusivity.