Coral Gables, also known as City Beautiful, is one of Miami’s oldest, most scenic neighborhoods, and one of the few planned cities in Florida. Alive with sprawling botanical gardens, canopied streets, Mediterranean revival architecture, one of the best universities in the country, and nationally recognized historical landmarks, this part of Miami captivates with its idyllic charm and a family feel.

And although it is renowned for its gorgeous single-family homes and mansions, there are also beautiful and lavish condo buildings that embody what this city is all about. In this blog, we give you our review of the most luxurious and most expensive Coral Gables luxury condos, and offer a sneak peek of the pre-construction projects that are set to raise the bar in this enchanting neighborhood. We’re also answering all your frequently asked questions about living in Coral Gables from a local perspective.

— Top Five Luxury Condo Buildings in Coral Gables

5. Merrick Manor

301 Altara Avenue, Coral Gables
Average List Price: $866 per square foot

The move-in ready Merrick Manor sits next door to the Shops at Merrick Park, known for its collection of high-end brands and restaurants. Designed by Behar Font & Partners with interiors by Steven G., this upscale condo community gives its residents a highly serviced, amenity‑rich lifestyle. Each turnkey condo home comes masterfully executed with soaring ceilings, private terraces, custom wood entrance doors, Italian-inspired cabinetry, white quartz kitchen countertops, Grohe fixtures, full-size bathtubs by Duravit, a keyless lock, and more.

Built in 2019, Merrick Manor stands 10 stories with 227 stunning residences. Unified with this popular outdoor shopping center, the amenities here include 20,000 square feet of ground-level retail and restaurant space, a resort-style saline pool terrace with a BBQ area on the 4th floor, a sophisticated lounge & bar, a spacious gym with yoga studio overlooking the pool area, a next-gen business center, a dog wash, and more.

4. Verona at Deering Bay 

13627 Deering Bay Drive, Coral Gables
Average List Price: $919 per square foot

Nestled along a protected waterfront, Verona is the first tower to rise within Coral Gables' exclusive community of Deering Bay. Designed by the renowned architect Robert M. Swedroe in 2001, the exquisite tower rises 14 stories with 46 spacious residences. Each elegantly appointed residence offers floor-to-ceiling windows leading out to private terraces with stunning views of the water, European-style kitchens, and more. 

The bespoke tower offers private guest suites, a state-of-the-art fitness center, and access to the abundant amenities of Deering Bay. These standout amenities include an award-winning Arnold Palmer Signature Golf Course, premiere dining services, Har-Tru tennis courts, and three private marinas, including the Deering Bay Yacht & Tennis Club, within walking distance with direct access to the vast Intracoastal waterways and the Atlantic Ocean.

3. Siena at Deering Bay

13611 Deering Bay Drive, Coral Gables
Average List Price: $946 per square foot

Also situated in the exquisite community of Deering Bay, Siena is an architectural masterpiece drawing inspiration from old-world Europe. Rising 14 floors with only 42 units, the tower was the second project within Deering Bay and features incredible views of the vast grounds and breathtaking waterfront vistas. The spacious turnkey residences feature European-style kitchens, grand terraces, and floor-to-ceiling windows, while the tower features a state-of-the-art fitness center and a private pool.

Residents will also enjoy access to the vast amenities at Deering Bay, including potential membership to the Yacht & Tennis Club, such as Har-Tru Tennis courts, three private marinas, an award-winning 18-hole golf course through some of South Florida’s finest nature scenes, premiere dining services, and more.

2. The Gables Club 

10 & 60 Edgewater Drive, Coral Gables
Average List Price: $1,154 per square foot

Standing tall along the waterfront just south of Coconut Grove and near Cocoplum, this established, two-tower condo community offers unparalleled luxury and breathtaking views of Biscayne Bay. Designed by the celebrated architect Robert M. Swedroe, Tower 1 was built in 1996 while Tower 2 was constructed more recently in 2003. Both towers rise 16 stories offering some of the best Coral Gables luxury condos for sale, with 99 luxurious, oversized residences up to six bedrooms.

Each elegantly appointed residence at the Gables Club boasts high-end finishes, state-of-the-art appliances, and expansive balconies. The canal-front community is also home to a 42-slip private marina, four lighted clay tennis courts, a putting green, a heated pool, a fitness center, a spa, a social room, a clubhouse, manicured grounds, jogging paths, and more.

And the Winner of the Most Expensive Condo in Coral Gables Goes to… 

1. Villa Valencia 

515 Valencia Avenue, Coral Gables
Average List Price: $1,357 per square foot

The most recently completed Coral Gables condo building, Villa Valencia, was finished in 2022 and has the most expensive luxury condos in Coral Gables.  Favorited by our clients, it affords a single-family home experience within a boutique condo community. 

Designed by Hamed Rodriguez Architects, this LEED-certified ultra-exclusive luxury condo stands 13 stories with only 39 extra-large residences. Offering only three- to four-bedroom floor plans, residents in this stunning Mediterranean-inspired tower enjoy 10-foot-high ceilings, expansive outdoor terraces with summer kitchens, gourmet eat-in kitchens, a relaxing soaking tub, and floor-to-ceiling rain shower in the master bath, luxe Brizo & Delta fixtures, Darwin by Delos home wellness systems, and much more.

Highlight amenities at this boutique condo include a 78-foot resort-style pool with lap lane & waterfall, hot & cold hydrotherapy baths, private cabanas with spas, two summer kitchens on the pool deck, a hammam/steam room, a state-of-the-art fitness facility with yoga & Pilates studios, a tea room with kitchen and bar, an entertainment space with billiards and golf simulator, a library with outdoor terrace overlooking the 10,000 sq. ft. park, a separate dog park and run, EV charging stations, and more.

— Luxury Pre-Construction Condos Coming to Coral Gables

Cassia Miami

4201 S Le Jeune Rd, Coral Gables
Expected Completion: 2026

Rising only 12 stories, this boutique tower will feature 174 turnkey residences in the heart of Coral Gables charming Merrick Park District, where you’ll . Designed by Behar Font & Partners as an ode to postmodern architecture, Cassia Miami is poised to offer luxury short-term rentals and long-term residences in a highly walkable location. Each bespoke residence will incorporate tasteful furnishings from Restoration Hardware, European-style kitchens, spacious terraces, owner’s closets, and more. 

Highlight amenities within the exquisite tower will include a rooftop garden with Cassia trees, a resort-style pool, an outdoor grilling area, a state-of-the-art wellness center, a sauna, a steam room, an indoor pool, and more. Furthermore, residents will enjoy over 15,000 square feet of ground floor retail space.

The Avenue

351 San Lorenzo Avenue, Coral Gables
Completion Date: 2025

The Avenue will mark Coral Gables’ first short-term rental-approved condo project. Designed by Bermello Ajamil & Partners, this Parisian-inspired, neo-classical building will be as much for the long-term resident as for its shorter-term guests. 

Rising only nine stories tall, this European-style condo-hotel will accommodate only 54 luxury residences with interiors by the celebrated Adriana Hoyos Design Studio. Each condo will have thoughtful layouts featuring 9 to 11-foot ceilings, extra-large private terraces, imported Italian cabinetry, plus options for porcelain flooring, baseboards, and designer paint. 

Also, located right across the Shops at Merrick Park, future residents will be treated to over 3,500 square feet of ground-floor luxury retail, an artistically landscaped pool deck, a hammock garden, a summer kitchen, a family-friendly dining area, and more.

Gables Village

2990 Ponce De Leon Blvd, Coral Gables
Completion Date: End of 2025

Gables Village or the Village at Coral Gables is one of the most highly anticipated, meticulously-crafted projects to debut in Coral Gables. This Seville-inspired, walkable community will be home to a collection of 48 duplexes, townhouses, and condos, designed by De La Guardia Victoria Architects & Urbanists, and inspired by George Merrick’s historic community.

Having broken ground in 2023, this 2.6-acre, landmark project will be home to tree-lined streets, elegant plazas, lush gardens, awe-inspiring fountains, and beautiful parks –all reminiscent of the alcoves in Seville’s Plaza de España. Each building in this dreamy enclave will be a maximum of four stories tall and designed in the Mediterranean Revival style.

— FAQs About Living in Coral Gables

What’s it Like to Live in Coral Gables, FL?

Known for its Mediterranean-inspired architecture, arched gateways, lush greenery, and historic charm, this idyllic city is one of the most beautiful places to call home in Greater Miami. Living in Coral Gables offers a tranquil environment, tree-lined streets, stunning homes and estates surrounded by nature, lots of historic landmarks, and easy access to the main areas of Miami, like Coconut Grove, Brickell and Downtown. It is also home to a nationally ranked college, the University of Miami, including its excellent medical center, and excellent schools. 

Whether owning or living in a Coral Gables luxury condo or a single-family residence, you’ll have plenty of shopping and entertainment options in the Miracle Mile or the Shops at Merrick Park, plus an evolving dining scene that makes Coral Gables an exciting culinary destination. 

Enjoy the outdoors at one of several golf courses, including the historic Biltmore Hotel and Golf Course, discover the Matheson Hammock Park & Marina, or wander around the Fairchild Botanic Gardens. And history buffs will love the traditional landmarks, such as the Biltmore Hotel or the Merrick House. There’s really something for everyone here!

Why is Coral Gable Famous? 

Coral Gables is instantly recognizable in Miami because of its urbanism and Mediterranean Revival architecture, which started with developer George Merrick at the beginning of the 1900s  and is still reinforced today with strict zoning codes. 

Besides this, it is also recognized as the home of the University of Miami and as an affluent neighborhood with beautiful single-family homes and mansions scattered along the tree-lined streets, and with an excellent golf course. Some might think it’s similar to Coconut Grove, but they’ve got their differences. 

Is Coral Gables, FL, a Good Place to Live?

Ranked as the Number 1 “Best Suburb to Live in Miami” on niche.com, Coral Gables is a top choice among families and young professionals. The affluent neighborhood also gets an “A+” in terms of Good for Families, “A” in Diversity, and “A” for Nightlife, making it one of the most desirable areas to anchor down in Miami. 

Coral Gables is also home to several highly regarded schools, including the University of Miami, best known as the birthplace of some of the best sports teams in South Florida.

How Safe is Coral Gables FL?

Coral Gables is one of the safest areas in Greater Miami. It gets an “A-“ from areavibes.com and a “B“ from niche.com in terms of resident safety (both reputable sites ranking neighborhoods across the U.S.).

Is Coral Gables Expensive?

Generally, Coral Gables is considered an affluent area of Greater Miami, and particularly towards the south where all the waterfront gated communities are. Bloomberg recently ranked Coral Gables as the most expensive neighborhood in the United States, beating out Beverly Hills. However, you can find real estate in Coral Gables with varying ranges, with an average listing price for condos of $600,000. 

If you’d like to know more about the buildings mentioned in this article, see other Coral Gables condos for sale, or find out more about what it’s like to live in City Beautiful don’t hesitate to contact us and we’ll happily guide you in your search for the perfect home.