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Luxury & Estate Community
Coral Gables, Florida · Miami-Dade County · $5M – $60M
About
One of the most exclusive guard-gated communities in the country, with deep-water canals leading to Biscayne Bay and trophy estates on oversized waterfront lots.
Gables Estates is one of the most exclusive guard-gated waterfront communities in the country, set within Coral Gables. Development began in the 1960s under industrialist Arthur Vining Davis, and the community holds roughly 170 estate homes on oversized lots, many an acre or more. Community rules require homes of at least 3,000 square feet, and most are considerably larger.
The draw is the water. Wide, deep, sea-walled canals and lagoons give homes direct, no-bridge access to Biscayne Bay and, from there, the ocean, which is rare even among Miami's waterfront enclaves. Prices generally run from the high single-digit millions well into the tens of millions, depending on the estate and its frontage.
Security is a defining feature. The Gables Estates Club maintains staffed entrances with around-the-clock guards, along with land and marine patrols. Turnover is low and homes here trade among a small pool of buyers, so working with an agent who tracks off-market activity matters. HOA and club membership terms are set by the association and change over time, so confirm the current structure before you buy.
Price Range
$5M – $60M
City
Coral Gables
County
Miami-Dade County
Market Overview
There are 5 active listings for sale in Gables Estates right now. The median list price is $33,495,000, or about $3095 per square foot. Listings span $17,500,000 to $175,000,000, so there is inventory across most budgets. Homes are averaging 286 days on market. These figures update from the MLS as the market moves.
Gables Estates Market Stats
Live MLSHomes for Sale in Gables Estates
Homes & Architecture
This luxury collection's current listings in Gables Estates offer 5 to 10 bedrooms and 5.5 to 16.5 baths. Floor plans span roughly 6,738 to 21,145 square feet. The mix here includes single family and land homes. Current prices run from $17,500,000 to $175,000,000. The homes on the market were built between 1987 and 2018.
Prices & Value
Active homes in Gables Estates carry a median list price of $33,495,000. Current listings run from $17,500,000 to $175,000,000. Across the homes on the market now, pricing works out to roughly $4,266 per square foot, though at this level custom finishes and water or golf frontage drive wide variation. A representative listing offers 7 bedrooms with around 10,764 square feet of living space, and the largest estates in Gables Estates run well beyond that. Values in a community like Gables Estates rest on scarcity: a limited number of homes, strong amenities, and a location buyers actively compete for.
Community Highlights
Lifestyle & Amenities
Gables Estates suits boaters. Waterfront homesites offer private dockage with access to the Intracoastal and, in many cases, the open ocean, so owners can keep a yacht steps from the door. Privacy is part of the appeal. Gables Estates is gated, with staffed or controlled access that keeps the community quiet and secure.
Location
Gables Estates, a luxury community in Coral Gables, sits within Miami-Dade County, Florida. Residents are close to the shopping, dining, schools, and parks of the Coral Gables area, with the wider job centers, beaches, and airports of the region within driving distance.
Buying in Gables Estates
Buying in Gables Estates is a different process from the broader market. A meaningful share of luxury inventory in Coral Gables trades quietly, off-market, so the most relevant homes are not always the ones on a public search. Representation matters at this level. A buyer's agent who knows the community can surface private listings, arrange showings, and guide the due diligence high-value homes require, from surveys and elevation certificates to seawall, dock, and club-membership review. Financing is available even on eight-figure homes through jumbo and portfolio lenders, though many purchases here close in cash. Either way, having proof of funds or a lender letter ready keeps you competitive when the right property comes up. Come prepared to move: the best homes in Gables Estates draw more than one qualified buyer, and a clean, well-documented offer often wins over a higher but shakier one.
Selling in Gables Estates
A sale in Gables Estates depends on reaching a small, discerning group of qualified buyers. Rare homes do not price themselves off a simple comparable pull. Recent sales inside Gables Estates and comparable Coral Gables communities set the range, while condition, water frontage, golf exposure, and finish level move a home up or down within it. Presentation is the differentiator: professional photography and video, and in many cases discreet, invitation-only marketing that protects a seller's privacy while still reaching qualified buyers and their agents. We also advise on timing and staging, and on whether a quiet pre-market launch or a full public debut is likely to net more for your specific home. We represent Gables Estates sellers with a valuation grounded in real local sales and a plan matched to the individual home.
Frequently Asked Questions
Explore the Area
Miami-Dade County OverviewGet current pricing, availability, and off-market opportunities in Gables Estates.
Luxury Representation
Much of South Florida's luxury inventory trades quietly, off-market. Pure Equity Realty represents both buyers and sellers with the discretion these transactions demand.
Talk to a Luxury Specialist