Wednesday, July 6, 2016

Investing in Miami is Still a Safe Decision


When looking for a new home or a place where to spend your vacations, Miami always comes to mind. Not only will Miami offer you an excellent lifestyle, but it also comes with a great environment, amazing weather, excellent schooling zones, beaches, infinite recreational areas, great job offers, and best of all, economic stability. Miami is still one of the safest places to put your money in, and real estate is one of the most stable markets of all. If you are thinking about investing on a new property, here are some reasons why Miami should be your first choice.

·     Miami is the eighth largest growing city in the United States, and it’s growing daily. Thousands of people are moving to Florida every day.
·      85% of Greater Downtown Miami is under construction. Products to be delivered in 2016 are pre-sold.
·        Over the next 3 years, 100% of the inventory under construction in Greater Downtown (about 7,200 units) will be delivered.
·     More than 80% of the new condos sold over the past three years were obtained allcash, without bank financing. This means a tremendous amount of equity and very little bank exposure or default risk.
·       The most important worldwide city for high worth individuals is New York City. On a 10 year projection, Miami and New York will be the only two U.S. cities for high worth investors.


So, Miami is still one of the safest cities to invest. Whether it’s to purchase a vacation home, a primary residence, or just as an investment, Miami is an excellent choice. This city has everything to offer in terms of quality of life. And numbers don’t lie; your money will be safe in Miami.

Tuesday, June 28, 2016

Little Havana: the best of Miami but with lower prices

Since prices have been rising around Downtown Miami and the surroundings of Brickell, investors have decided to revitalize and redevelop Little Havana. Rents are being pushed up while keeping a high level of demand due to limited affordable rental inventory. The upside to this market trend is that a potential buyer could replace the current Section 8 tenants and replace them with tenants who pay market rate. The units in the complex measure about 651 square feet, with a mix of three studio/one-bath condo, 48 one-bedroom/one-bath units, and 28 two-bedroom/one-bath apartments.

In fact, Key International places low-rise apartment buildings in Little Havana on the market. They are asking for $12million for all the units. The portfolio includes: 10 two-story rental properties at 931 Southwest 3rd Street and 910 Southwest 2nd Street in Miami, 79 units, and 51,774 square feet of rental space. Each unit costs about $152,000 and $231 per foot.

Little Havana has become a potentially commercial and it’s a magnet for multi-family investments. For residents, rental and sale property prices are significantly lower than in Downtown Miami or Brickell. Still, its location is pretty good, since it’s very close to Brickell. Little Havana has everything that Miami has to offer, but with lower prices. Investors see it as a great opportunity and they have their hopes high in the potential of Little Havana.



Saturday, May 7, 2016

New Inventory coming up in Miami

A new inventory is about to be released in Miami. About 7,200 units, which are currently under construction, will be delivered in the next three years. Several big projects are being developed in this city.

For instance, the new Brickell City Centre will be inaugurated this year. This is so far the biggest project in Miami. About $1.05 billion dollars have been invested on this mixed-use development. It is located in the center of the Brickell financial district (between 8th and 6th Street) and it is believed to provide the most sophisticated and urban living experience in the area. The Brickell City Centre offers 5.4 million square feet of office, residential, hotel, retail, and entertainment space. This means 243 hotel rooms, 89 exclusive apartments, and 790 residential units distributed in two towers. It also includes a variety of stores and restaurants that will provide the most amazing experience in Miami. For example, the biggest Apple Store in the south of Florida, Saks Fifth Avenue, a Cinemex, and Porsche Design, among other luxury stores.




And the best complement for the whole Miami experience is the Brickell Heights project, opening in 2017. This new project consists of 358 residential apartments, spread among 48 floors. The apartments will have different sizes –between 676 and 1276 square feet, including big balconies. This Related Group project ensures a sophisticated and unique design and quality of the condos. The living experience in Brickell Heights will include a movie theater, a billiard club, a glamorous pool, playing rooms for kids, and concierge service. 
           
Miami is all about new projects trying to fit your interests and needs. As time goes by, more and more innovative developments are being carried out; at this moment we are very excited for the new inventory Miami has to offer. It is the perfect time to think about investing, since we are being given an extensive variety in terms of design, comfort, and prices.



Tuesday, April 26, 2016

Multifamily Project

A multifamily project is a mine of benefits. It is the perfect way to invest in a personal home that can produce a certain income. When buying a multifamily project, either if it’s a duplex, triplex, or quad, you will always have the open possibility of living in one of them and renting the other(s). This would give you a monthly income that could help you pay your bills and offset a part of your mortgage payment. So, as an investment, a multifamily project is a very safe one, especially for first-time buyers.

Also, the American Council for anEnergy-Efficient Economy (ACEEE) is engaged in a project that is dedicated to saving between 15% and 30% of energy in multifamily projects. Regarding water, there’s an estimation of a 6% savings. So, living in one of these properties would be a smart decision. They have lots of economic benefits and offer the perfect means to reunite with your family.

This project over here consists of a main house with three bedrooms and one bathroom, and a separate two-story building with two units, each with two bedrooms and one bathroom. This means: seven bedrooms total! It is a perfect place for a big family that is looking forward to more quality time together.

The main house features many original details. It also has an amazing front yard where your kids can play or where you can organize a get-together with friends or other family members. The house also has a very charming porch with fruit trees.

This family project is located at 4727 NE 1 Ct, Miami, Florida, an area where prices are continuously rising. The main house is currently occupied by owners and its rent price is $3000 a month. As for the two-story units, each can be rented for $1000 a month. If you are looking forward to buying, the whole project has a price of $699,000. A great deal!

This structure has lots of potential and economic benefits. It is well located; very near Biscayne Boulevard, where you can find anything you need: Publix Super Market, Bank of America, CVS Pharmacy, restaurants, and much more. Don’t miss the opportunity of sharing with your family in this beautiful place!

 

Sunday, March 20, 2016

Artisanal Donuts Have Arrived to Miami


Most major cities are offering a variety of artisanal donut shoppes, and Miami couldn't be left behind. That's why Amanda Pizarro and Andy Rodriguez, partnered up with Executive Pastry Chef Max Santiago to build an amazig idea: The Salty Donut.

This Artisanal Donut Shop & Coffee Bar is focused on chef-made, small-batch craft donuts, and an incredible coffee program, featuring rotating coffees with interesting flavor profiles.

To make this mouthwatering donuts, they use fresh and natural ingredients. Their fillings, glazes, jams, doughs... everything starts off as raw ingredients. Yes, they make everything in house! That's their secret to offer the best donuts in Miami.

You'll always have new flavors to be amazed with, because their menu changes around every week, featuring 6-8 different donuts and also a different coffee menu.

The Salty Donut started business in December 3rd, with a pop-up shop in a vintage trailer painted white and blue, it’s open every Fri-Sun until their retail store opens in a few moths. If you want to stop by they're at 29 NW 24thSt Miami, FL 33127 in Miami’s Wynwood Design District.

Tuesday, February 9, 2016

This is what you are going to find in the renewed Whole Foods Market at Coral Gables

If you have been to one WholeFoods Market you have been to all of them, right? Well, that’s not entirely true. Whole Foods Market Coral Gables has been working on a few renovations in the past few months. This store is located across the street from the Shops atSunset Place and one block east of US-1. They serve local community with high quality natural and organic foods.

When you go inside the store you will find a great variety of items in stock, a lot of free samples, and even cooking and healthy eating classes for the community. Additionally, you can chat with their department experts to help you learn the best way to choose, prepare, serve, and enjoy their products. From fine wine, beer, cheese, meat, seafood, to vitamins and supplements, they want you to get everything you need from your shopping list.

Another activity that you can do while at Whole Foods Market Coral Gables is to enjoy delicious healthy meals, from breakfast to dinner. You won’t want to cook another day, just go there to satisfy your daily diet and even get some snacks on a very nice seating area.

The renovations are related to this succulent activity. The store opened a new Tapas y Taps bar, where you can grab a bite, a beer, or both with a curated menu of tapas by Chef Ysee and specialty wine and beer lists. As a plus, cheer on your favorite sports team or maybe watch your favorite Food Network star on the flat-screen TVs at the bar.

Jugofresh is another add-on, now located inside the store. It offers the full Jugofresh menu plus some additional items, including wheatgrass shots, smoothie flavors not offered elsewhere, and a mash-up bar where you could make your own snack bowls from a choice of yogurts, nut butters and fruits.

If you are still unsure about going to this Market, we can tell you the staff is kind and always ready to assist and go above and beyond to help you. The store is clean and organized, and the location is very convenient. Parking choices are ample; there is a parking garage and street parking available. We invite you to visit Whole Foods Market Coral Gables to enjoy what it offers first hand, then come back and tell us what you think about it. 


Monday, January 4, 2016

Gables Riches goes the extra mile


We are proud to be a realestate investment company that represents investors in the process of buying, selling, renting and managing properties in South Florida. Thus, not only we manage your property; we look after your investment. We act on your behalf to preserve the value of your property while generating income.

We offer professional, “hands-on” property management services. These services include:

- Tenant screening: helps identify the best tenants by an accurate credit, employment, previous landlord and income verification.

- Tenant relations: we are responsible for maintaining effective relationships between tenants and you.

- Rental deposit management in escrow accounts.

- Rent collection, including late rent notifications and collections.

- Inventory management.

- Repairs/maintenance management: we identify and deal with repair needs.

- Monthly statements and yearly operating statements.

- Expense management: utility bills, association payments, real estate taxes, insurance and mortgage.



Wednesday, December 30, 2015

Changes are coming to Coral Gables

Next year several remodeling projects for the city will be carried out. Coral Gable's future comes with towers pushing up against the limits of the city's famously stringent zoning rules, new hotels, hundreds of condos, apartment units, an array of offices, restaurants, public art and pedestrian-friendly developments.

The discussion about the renovation of Miracle Mile lasted for about three decades. Recently, the approval of local residents made the difference to go through with the modernization project. Within this project is also the renovation of neighboring Giralda Avenue.

Miracle Mile and Giralda Avenue streetscape project aimed to give a new face to the streets. An expansion of the sidewalks width will be made, making the streets a lively pedestrian-friendly area capable of luring new and diverse businesses, provide more space for bicycles by slightly narrowing auto travel lanes, and replacing angled street parking with parallel parking. Retractable bollards will make it easy to close the street for special events such as the popular Giralda Under the Stars. The development of this project will be done quickly and without interfering with normal business life since it will not be done all at once but gradually after the holiday season.

Among other projects is the Mediterranean Village at Ponce Circle, a project of more than 6 acres. In one of its areas it will have a greater height than the Biltmore Hotel, which has been the limit for the last 90 years. It is expected to result in an urbanistically cohesive, well-designed set of buildings; including a five-star hotel, a class A office building, two condo towers, 15 townhomes, a rooftop restaurant, public plazas and streets that will bring fresh commercial and pedestrian life to what has been a dead zone for too long.

Under the Mediterranean Village development, the city is also installing new bike lane routes and expanding its popular trolley-bus system.

Also, among new developments redefining Coral Gables is this project that involves replacing the old Holiday Inn with two towers; a 13-story residential building and a 10-story hotel. The project would feature shops and restaurants on the ground floor and a pedestrian passage connecting to the adjoining neighborhood.  It will activate the corner of U.S. 1 and Caballero with transit-oriented development, which includes the green space that the 0.5-acre Paseo will provide.

This is not even the beginning; there are still many projects in the city develoment pipeline. However, not all the contemplated projects will actually get built or go as big as proposed, since they must meet the strict zoning rules of the city. 

Monday, December 28, 2015

What’s new in The Roads

The Roads is known for its old homes, historic public schools, and its tree-covered streets. It was designed, platted and developed by Mary Brickell in 1922 as a pedestrian-friendly neighborhood, with wide streets, median parkways and roundabouts with native Miami plants. Today, many of the residents in the Roads are young families and urban professionals who work in neighboring Brickell and Downtown Miami.

A Limited Edition of 24 modern residences has been developed in this neighborhood.  Designed by award-winning architect Kobi Karp, Eleven in The Roads is quintessentially refined and uncommonly private, designed for the most discerning of purchasers.

According to its website, residences feature the ultimate in modern luxury living with breathtaking attention to detail and a carefully curated sense of style; these 24 bespoke condominium residences ranging from 1,386 square feet to 2,187 square feet embrace the quiet confidence and modern elegance that define Miami.

All residences offer generous layouts with up to 10.4′ ceilings, in-suite bathrooms, oversized windows and flowing entertainment spaces, custom cabinets by Snaidero, Compac Quartz counters, Bosch stainless steel appliances, and other unexpected surprises including private gardens, decks and roof-top terraces in select residences.  Three types of units are available: Garden Residences, Spa Residences, and Penthouse Residences.


Eleven in the Roads is as much about transcending trends, forsaking conventional ideas, and creating innovative living spaces. The landscape is an active interplay of nature and architecture featuring gardens and roof-top amenities imaginatively configured and set in an environment of tropical gardens, swimming pools, cabanas, lounges, summer kitchens and other recreational areas, making it one of Miami’s most relaxing urban oasis.







Thursday, November 5, 2015

New homes in Coral Gables – Say hello to sleek and modern construction

Coral Gables is well known for their 1920’s and 1950’s feeling. Such feeling comes from its architecture that reflects an enchanted time mix with modern touches. Properties with these characteristics are really appealing for their elegance. However, the market is expanding and attending to the demand of new brand constructions. Most of these homes are under construction, done or what we like to call "spec home”. Also, there are empty lots where the builder will get done a custom home for the buyer. Below you’ll be able to see some the offers we got.



Here is an all-new construction on a tidy lot in highly desirable central Gables. It has an ingenious design & crisp details that are shown on both levels (indoor and outdoor). Has a plus you’ll be able to find a captivatingly light and a bright/airy interior. Also, has a spacious master; formal living & dining rooms. The kitchen is open, so you’ll be more comfortable when you have guests at home. Includes 3 bedrooms and 2 ½ bathrooms. Among other features: covered terrace, balcony and 1-car detached garage.

It is on an amazing walking distance to schools, dining, shops, churches & doctors via pink sidewalks. Highly advisable as a starter home, or for downsizing.


Totally remodeled home. Has new plumbing and electrical systems, external barbeque and washer/dryer. It has been expanded from 1369 sq/ft to 3110 sq/ft. Comes with new impact windows and doors. Totally new kitchen that has stainless steel appliances and a quartz countertop. Has a beautiful solid wood flooring in almost every room. There is marble in the 3 ½ bathrooms. This one sums up to: 4 bedrooms, a family room at 1st floor, a study/TV Room at 2nd Floor and a Master Bed with the covered terrace.


Unforgettable French style home in a highly desired South Gables location. Sophisticated and elegant, this home will feature stone and wood floors. Also, it will have an eat-in kitchen, a 2 car garage, a pool, and an oversized terrace. The floorplan shows wonderful and generous living areas. The master suite will come with a large sitting room and a grand bathroom. This is a very special opportunity by TEAMWORK Group Developers that will set the standard of exceptional design and finishes. Its completion is estimated for fall 2015.




Magnificent 6 bedroom and 6 ½ bathroom brand new construction in highly desired South Gables. Ramon Pacheco designed with volume ceilings, top of the line finishes, marble floors and impact windows & doors. Has a Gourmet kitchen with natural quartzite countertops, wolf & subzero appliances and dual dishwashers. Comes with a gorgeous master suite with a sundeck, a beautiful ensuite bathroom and walk-in closets. As a plus you’ll be able to find a large pool, an outdoor kitchen and a covered terrace.

Great for a big family, giving its spacious areas and location. There are schools (from elementary to high school) close by and it is a safe environment for children.


A guard gated and quiet property. Has its own private waterfront enclave. It is located within 3 minutes of Biscayne Bay and the open waters of the Atlantic Ocean! The seller will custom build this impressive contemporary masterpiece or purchase the lot for $2,499m and build your vision.

This is the lowest priced waterfront lot with a seawall and no bridges to the bay in Coral Gables. Has a deep wide waterway that will accommodate your sailboat or yacht secure. This home is a gated tropical paradise in the heart of Coral Gables.



A fantastic under construction home! It is a luxurious modern living home with more than 9,800 sq/ft. The floorplan shows a 5 bedrooms and 5 1/2 bathrooms structure that will be situated in the prestigious guard-gated Entrada Estates. It will have features such as a 4 car garage, pool, marine storage, private dock and a separate guest house with (1 bedroom and 1 bathroom). It’ll have a welcoming foyer, high-grade designer finishes, lush landscaping, a community tennis court, boat access for easy pick up/drop off, 24 hour security and much more. And as a big plus: Minutes away from Coconut Grove and Brickell.


This home is set on 1.71 lush acres of landscaped Enzo Enea-designed grounds. This luxurious new 7BR, 6.1BA estate with a saltwater pool, private dock and tennis court access is a unique contemporary haven. An architecturally distinctive home by famed Chad Oppenheim architects, boasting 9,105 sq/ft of sleek, sweeping living space graced by an open living/dining/entertaining area. 

Other features: Mia Cucina kitchen, Miele stainless appliances, separate family room, office, library, and large glass doors leading out to the park-like greenery.






Friday, October 30, 2015

Jugo Fresh – Nature in your palate

Within freshness and healthy choices you’ll be able to find yourself with no guilty pleasures. Jugofresh offers pleasures with no boundaries that shows you nature´s way to enhance your body. With different organic ingredients and right to the point mixtures you’ll be able to follow this new trend of eating yummy and modern meals. However, it’s necessary to point their main product: delicious juices. They have been well established in Miami thanks to them and Coral Gables couldn´t be left behind from that treat.

Recently opened in Coral Gables
Jugofresh already has a restaurant in South Miami, close to Dixie Highway, but with their increasing success they have decided to open a new establishment in Ponce de Leon Boulevard. This is an area full of glamour and has a vintage air, that will make you go for calm shopping walk and then for a refreshing lunch. Also, you can jazz up your day with a juice cream, one of their newest products.

Coral Gables finds itself growing with a lot of eating, shopping and recreational options, getting more to offer and to enjoy. This proves nothing more than how right is the decision to live in this area. Among the prices you can find for the condominiums there is wide range that goes from $150K to $400K. While the family homes can vary from the mid $400K up to millions. Most of them are in a walkable distance from Jugofresh, so make sure to eat there, after you check out the properties of the area.

Getting healthier options

This franchise is well known for their variety of juices, but there is more than meets the eye. Their owners are focused on a hard working passionate menu that covers their whole essence with good vibes for your mind and body.

In there you are going to be able to find juices, smoothies, holy waters, salads, parfaits and others. These are all done for a specific effect on your body, which means their ingredients are carefully chosen depending on their properties and flavor. For example, their juice “el green go” is made for kidney cleansing, blood building and anti-inflammatory purposes. Another one with a Spanglish name is the “esta too hot”, which is done for cell-defending and tummy amer. And when it comes to the ingredients of every juice or meal, well, we suggest you to go and find out yourself. 

Organic and produced locally, is the statement they stand by. This makes them a healthy option for the body depending on its needs. Also, it increases the local market and production. Their proposal for a better care of ourselves and organic products adds up more value and a sense of a modern lifestyle to the Coral Gables community.

Wednesday, July 15, 2015

Coral Gables Rentals under $5,000 per Month

Coral Gables has always been one of Miami-Dade’s nicest and more desirable neighborhoods.  Once you spend some time here (just a day is all it takes), you see why it everyone loves it so much whether traveling through terrific neighborhoods, both new and established, or spending time in phenomenal restaurants and shops along the Miracle Mile.

Real estate in Coral Gables If you are not in the market to buy real estate but want to rent, here are several Coral Gables rentals under $5,000 per month:

1364 Alegriano Avenue, Coral Gables Country Club, Monthly Rent:  $5,000
What a wonderful opportunity to live in one of the most well established, upscale neighborhoods in Coral Gables.  This property, built in 1949, is classic Florida at its very best.  And it is huge – 4,155 square feet – with four bedrooms and four baths not to mention being situated on a corner lot. Inside, you can find ceramic tile floors throughout large and spacious rooms, high ceilings, a fireplace, one-car garage and spacious rooms.  This house is ideal for families and business professionals as it is located just minutes from the Riviera Golf Course and the Biltmore Hotel and Golf Course, and only a short drive from University of Miami.  Coral Gables Country Club is a fabulous neighborhood for families and those who desire space and homes with character but also want to be in a very walkable neighborhood.  Rental rates in Coral Gables Country club range from about $2,000 to $18,000 per month.  As for this property, it is the least expensive Coral Gables Country Club rental on a price per square foot basis at $1.20/square foot.


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1170 S Alhambra Circle, Gables Riviera, Monthly Rent:  $5,000
Ideal for a family with in-laws, this is a phenomenal four bedroom, three-bath home in Gables Riviera.  The main house boasts three bedrooms and two baths while the in-law’s suite features one bedroom and one bath on the other side of the garage.  In addition to a huge kitchen, this home has a large master bedroom and closet and tons more closet space throughout the house.  Gables Riviera rentals start at about $2,500 per month and often top $10,000 per month.  There are a handful of properties situated on South Alhambra Circle with this one being one of the more affordable ones as well as right in the middle of the pack overall. Gables Riviera rentals start at about $2,500 per month and often top $10,000 per month.   This one stands out as a top pick with the accents and characteristics found only in homes built during the 1950s and 60s. 

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1100 S Alhambra Circle, Gables Riviera, Monthly Rental Rate:  $4,800
As a comparison, this home is situated a block from the previous listing and features just over 2,000 square feet. The house offers a very spacious living area with fireplace as well as an oversized dining room/Florida room combo that opens up to a large kitchen with granite counters, custom wood cabinets and stainless steel appliances.  The split floor plan places a large master in the front of the house and two other bedrooms in the back of the house along with a two-car garage. As another home on a corner lot, this home has been fully remodeled and is surrounded by lush landscaping. Like the aforementioned home, UM and excellent shopping are very close.


217 San Sebastian Avenue, Gables Craft, Monthly Rental Rate:  $4,800

411 Vittorio Avenue, Gables Rivera, Monthly Rental Rate:  $4,700

1123 Sorolla Avenue, Gables Granada, Monthly Rental Rate:  $4,700

There are tons of options for Coral Gables rentals whether single-family home or condominium all offering tons of space and amenities.  Coral Gables is a wonderful city rich in history and things to do – perfect for families, single adults, retirees and pretty much anyone who wants to live here.


Saturday, May 23, 2015

Biltmore Parc – More Luxury Condominiums Come to Coral Gables

In February it was announced that Biltmore Parc, a new luxury Coral Gables condominium, would begin construction this summer.  In a more recent Miami-Herald article, it was stated that Biltmore Parc would begin construction in June and be ready to unveil in December 2016.  Here is some general information about Biltmore Parc.
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The Basics of Biltmore Parc
The plans for Biltmore Parc show a five-story condominium with 32 luxury residences ranging in size from a little over 1,700 square feet to a little over 2,500 square feet.  Located just a mile from the Biltmore Hotel and a few blocks from the Miracle Mile, Biltmore Parc is situated in a pristine location in the heart of Coral Gables. 

Biltmore Parc’s Mediterranean-modern design will be developed by Alirio Torrealba and United Developers Miami with the architecture under the helm of Bellin & Pratt Architects. Interior design will be handled by Avazanto Design, a premiere Miami design firm that has designed commercial, residential and mixed-used properties all over the world including The Jewelry Boutique in Coconut Grove along with restaurants and other condominiums. 
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Amenities at Biltmore Parc
Just like other luxury Coral Gables condominiums, the fixtures, finishes and amenities at Biltmore Parc will be top of the line.  From a full-time concierge to assigned parking, private elevators that open into each unit and NanaWalls folding glass walls that create an indoor/outdoor space with the balcony and living area, no expense will be spared.  Inside each unit, owners can expect to find 10-foot high ceilings, a European-style kitchen, baths with separate showers and baths and laundry rooms in each unit.  Oh and the condominium is pet-friendly. The best part is that with each sale, a one-year membership to the Biltmore Hotel for swimming, events and the spa.

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Real Estate at Biltmore Parc
The 32 units in the boutique style Biltmore Parc consists of large two and three-bedroom units.  List prices currently start at $950K and climb to $1.6 million.  At this point, the information for the real estate at Biltmore Parc is very basic.  There are several units listed for sale.

More to Come

Coral Gables is such a beautiful place to live.  And, it looks like Biltmore Parc is going to add to the exclusivity of living in a luxurious Coral Gable condominium.  As more information comes available, we will report it here.

Tuesday, May 5, 2015

Classic Coral Gables Home Listings Built in the 1920s

Established in the 1920s during the land boom in Florida, Coral Gables has a claim to fame of being one of the first planned communities in Florida.  The city covered almost 10,000 acres with the architectural design being Mediterranean Revival throughout the city.  Following the boom, the market went bust (sound familiar?) and its founder, George Merrick, lost everything but the ancestral home.
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Over the course of several decades, the home, called Merrick Manor, went through several hands and was occupied by different types of occupants.  Since about 1976, it has been in the hands of the City of Coral Gables which restored it to its 1925 style with d├ęcor, fixtures and finishes because it “best represented the Merrick family,” according to a recently featured article in Curbed Miami and is open twice a week for tours.

This got us thinking about Coral Gables real estate and how it has changed over the years.  While there are many new construction homes that have replaced some of the original homes built in the 1920s, there are still those that stand out as original Coral Gables properties with the unique characteristics of the architectural design. Here are five Coral Gables homes listed for sale and built in the early to mid-1920s that reflect the design of properties during that era while featuring modernized upgrades on the interiors that make these homes spectacular and ideal for those who love the uniqueness to original “old Florida” style.

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920 Coral Way, List Price:  $2,495,000
This gorgeous home located just very short distance from the Coral Gables Merrick House consists of the best of the old with truly modern updates.  Built by George Merrick in 1922, this historically designated house is constructed with coral rock and still has the original hardwood floors, terracotta tile floors and other classic details along with newer, remodeled upgrades like a fabulous walk-in closet, new kitchen with updated stainless steel appliances and so much more.  A screened-in porch that runs the across the rear of the house features exposed coral rock walls and posts with the terracotta tile floor and the original tongue and groove plank ceiling. On top of this, in addition to four bedrooms and four baths includes a library with a wet bar, large living and dining rooms, and a Florida room just off the kitchen and family room.  One really nice attribute is the pool house (with bath) that accommodates guests. The entire property encompasses three lots and is filled with tropical landscaping and fruit trees.


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1046 Almeria Avenue, List Price:  $999,000
This Spanish-style villa, built in 1923, features the epitome of “classic Florida” with a two-bedroom, two-bath main house and a one-bedroom, one-bath guest residence above the garage.  Situated on a 10,000+ square foot corner lot, the home was designed by renowned architect, Walter DeGarmo and features the original Dade County pine and terracotta floors throughout the house as well as modern upgrades and remodels to bring the house to its updated state.  These updates include a fabulous chef style kitchen, a large master bedroom with unbelievable closet space and a master bath, and impact-resistant windows and doors.  In the back is a wonderfully large brick-paver patio perfect for entertaining.  The location is just one block to Salvadore Park and only a short walk (or drive) to the Biltmore Hotel.
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1248 Aguila Avenue, List Price:  $568,000
Located in one of Coral Gables most established neighborhoods, this Gables Granada house was built in 1924 and features the best of both worlds in terms of old and new.  The home recently went through a huge remodel to update while still keeping the unique charm of this original Gables home.  It offers two bedrooms, one bath and an artist studio with a wall of arched windows as well as beautiful wood floors, a living room with a wood-burning fireplace, and a family/sunroom.  The kitchen and bath have been totally remodeled with contemporary fixtures and cabinets and stainless steel appliances.  A loggia opens up to a beautiful courtyard and patio.  This is a truly spectacular home.  Real estate listings in Gables Granada feature list prices starting as low as the mid-$400s and climbing into the millions.  This is a fantastic neighborhood for families.
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1232 Palermo Avenue, List Price:  $1,499,000
This is a 3,600+ square foot home built in 1924 and located in the Coral Gables Country Club neighborhood.  It showcases a Spanish-style architectural design with lots of room to house the five bedrooms and four baths.  The main floor has a split floor plan with two master bedrooms one featuring a spa-style master bath with marble walls and floors and a large walk-in closet.  Original hardwood floors have been refinished and other rooms have been modernized and updated.  The rear of the home opens to a beautiful pool area with brick paver deck and lots of lush landscaping that spreads over the entire 12,000+ square foot lot.
gables-historical-property
1416 Medina Avenue, List Price:  $689,000
This home screams history as it is one of the original homes built by George Merrick in 1925.  It offer three bedrooms and two baths under almost 2,000 square feet as well as a detached garage that easily be transformed into a perfect in-law’s suite or pool house.  Inside, there are travertine and tigerwood floors throughout and a large recently remodeled gourmet kitchen with stainless steel appliances, custom cabinets and granite counter tops not to mention new contemporary baths – the master bath has marble, and a Jacuzzi tub.  The master bedroom includes a walk-in closet and pool access. On top of that, there is new central A/C and a new garage roof.
Everything Under One Roof
There is nothing like history kept in its original state even when you want to remodel or update property.  In the neighborhoods within a short radius of The Merrick House showcase so many homes like this that feature everything under one roof.  When considering a home in Coral Gables, be sure to consider the older homes as they have the character of classic Florida combined with newer upgrades in terms of appliances and all the conveniences of modern day.


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