Tuesday, January 28, 2014

Newest Coral Gables Rental Listings

Coral Gables is filled with so many options when it comes to real estate.  Whether you want a classic “old Florida” style home with tons of unique characteristics or a newly constructed home with all of the latest modern conveniences, your ideal property can definitely be found in Coral Gables.  On top of that, there are also many Coral Gables rentals for those who are not in the market to buy but plan to spend extended time in the Gables.  Here are the most recent Coral Gables rental listings:

535 Caligula Avenue, Coral Gables Riviera, Monthly Rental Rate:  $17,000
Coral Gables Riviera is known for its “old Florida” feel with older homes that have so much character.  This gorgeous two-story home is no exception with over 5,700 square feet of living space.  Included are a gated entry, six bedrooms, six full baths and one half-bath as well a three-car garage and an elevator.  Additionally, there is a fabulous gourmet kitchen along with a wine cellar, both formals, an entertainment bar and most importantly, (after all this is South Florida) a beautiful outdoor pool with spectacular pool deck, garden and barbeque area.  This is upscale living at its finest and should be enjoyed by those who expect the best.

1607 Ponce de Leon Boulevard, Ponce de Leon Condos, #PH-B, Monthly Rental Rate:  $4,500
Ahhh!!  To live the luxury life in a luxury condo situated in the center of a luxury town is what happens when living in this penthouse with a little less than 1,800 square feet of living space!  Wow!  This unit is located in one of Coral Gables most magnificent boutique condominiums with only 50 residential units.  It has everything to exude upscale from a private elevator, wood floors, 10-foot high ceilings and balconies with spectacular views to a beautiful kitchen with European style wood cabinets, a glass tile back splash, and stainless steel appliances.  Other amenities include two of the most relished parking spaces, two large storage units, 24-hour security, a magnificent and sparkling pool and Jacuzzi, and a fully-equipped exercise room.  Situated in the heart of the Gables, the Ponce de Leon Condos are within walking distance to the best shopping and dining in the area.

4117 Alhambra Circle, Coral Gables Country Club, Monthly Rental Rate:  $4,500
Recently renovated, this is a fantastic two-story home with three bedrooms and three baths in a highly sought after part of Coral Gables.  It features a large foyer that opens into a spacious living room.  The modern kitchen, with stainless steel appliances and granite counter tops, opens up to a large family room with an office/library adjacent to it.  Residents are also very lucky because there is tons of closet space.  Situated on a quiet street and close to great schools, this home is perfect for a family.  It is important to note that this house is offered for an annual lease and also listed for sale at $865,000.

55 Merrick Way, #627, 55 Merrick Condo, Monthly Rental Rate:  $3,500
55 Merrick is a premiere condominium in Coral Gables and features some of the most unbelievable units and amenities.  This unit features two bedrooms, two baths and a large 229-foot balcony facing the resort style pool.  In addition, there is a wonderful kitchen with Italian cabinets, GE stainless steel appliances and a large den which is a great option for a third bedroom. As for community amenities, this unit comes with two covered parking spaces, valet, 24-hour security, a fully-equipped fitness center and a two-story clubhouse.  Another bonus that makes 55 Merrick so popular is its location is primo within walking distance to the best shopping and dining in the Gables.  Similar properties in 55 Merrick Condo have monthly rental rates that range from about $2,000 to $4,000 with annual leases.

1300 Ponce de Leon Boulevard, 1300 Ponce de Leon, #1102, Monthly Rental Rate:  $1,950
Another gorgeous condo in the heart of the Gables is 1300 Ponce de Leon.  Located just blocks from the Miracle Mil ppliances in the kitchen along with marble counter tops in both bath.  Along with impact windows and one parking assigned space, resort style pool and more.   This is a fantastic annual rental in one of the most fabulous parts of South Florida.  Monthly rental rates typically fall between about $1,800 and $2,900 depending on the size of the unit.

New Coral Gables Rental Properties
The rental market changes daily with properties listed one day and rented the next.  The takeaway is that there are always new Coral Gables rental properties being listed making it fairly easy to find that perfect place to land.

Tuesday, January 14, 2014

Why Do People Love Living in Coral Gables?

It has been awhile since we sang praises for the City Beautiful.  So that is just what we are going to do.  There are so many things to rave about when it comes to Coral Gables but here are a few of the highlights.

Coral Gables is a perfect blend of old and new.  Not only is there some of the most beautiful architecture in all of Florida along with lots of lush and tropical landscaping, there is definitely a newer atmosphere with commercial and residential development throughout the city.  Still, the entire atmosphere has that wonderful Mediterranean feel to it and offers so much to so many people.  It is a place where people come for a visit and immediately fall in love with everything about it. 

Reasons to Live in Coral Gables
Coral Gables offers its residents the best of everything from attractions to its locations to real estate.  Here are some of the reasons to live in Coral Gables:

We hear it all the time – “location, location, location.”  Coral Gables is situated just south of the city of Miami within a short drive to downtown and Brickell not to mention fabulous Miami Beach.  Additionally, Miami International Airport and the other major transportation hubs are also very close to Coral Gables. 
On top of being close to so much, Coral Gables is adjacent to Biscayne Bay.  There are so many canals and waterways that meander through the neighborhoods that make it a perfect place for boaters. 
There is so much to see, do and enjoy about living in Coral Gables.  There is definitely some of the best shopping and dining on the Miracle Mile.  Residents can easily walk along the street to pop in and out of some of the most unique shops and cafes.  At the Village at Merrick Park and Cocowalk (located in nearby Coconut Grove), everyone’s favorite national and regional retailers are easily accessible.  Additionally, there are more projects in the works as developers see the value and benefits of building in Coral Gables. 
Coral Gables has so many attractions that draw people.  Some of our favorites include the Venetian Pool, Dinner Key Marina and the nearby golf courses.  
The Venetian Pool is an amazing pool created in 1923 from a coral rock quarry that holds 820,000 gallons of spring water fed from an underground aquifer.  Even more amazing is that in the spring and summer seasons, the pool is filled and drained daily.
Area golf courses include the Biltmore Hotel and others located in neighborhoods in and around Coral Gables.  Doral is just a short drive and is known for its championship courses as well.
Real Estate
One of the most important aspects of settling down in Coral Gables is the real estate market.  All of South Florida has rebounded from the crash several years ago.  This includes the Coral Gables real estate market.  The past year saw a significant uptick in terms of the number of properties listed on the market as well as the list and sale prices.  The biggest increases shown are with the price per square foot which shows double digit increases across the board.  For example, the sale price per square foot for properties under $1 million saw a 15 percent increase from $248 to $286. 

For interested buyers, there are so many options in Coral Gables.  Many buyers looking for second homes and investment properties like Coral Gables because of all it has to offer.  Even first-time buyers are looking here as an alternative to Miami with the smaller homes and Coral Gables condominiums like 55 Merrick and Ten Aragon on the market.  There are also new developments on the horizon such as Merrick Manor.  High-end luxury real estate buyers often look to Coral Gables because of the amazing estate homes in unbelievable neighborhoods.  Celebrities and sports figures have flocked to Coral Gables because of the privacy there.

Coral Gables Has Everything to Offer
For those who want to live here, Coral Gables has everything to offer.  From all there is to do here to the options with Coral Gables real estate, it is easy to see why so many come here and decide to stay here.

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