Coral Gables Real Estate: The City Beautiful
By: lesende
The city of Coral Gables is situated in Miami-Dade County in Florida, to the
south-west of Miami. Notably is also referred to as simply "The
Gables" and is best known for being the home to the University of
Miami. It is located at 25 43' 42"N, 80 16' 16" W and has an area
of more than 96 km sq. According to a recent estimate the city has a
population of more than 42,000. Over 60% of residents earned a bachelor’s
degree or higher. The average home age is 49 years old.
The history of Coral Gables is comparatively new when compared to other
cities in the United States. It was developed by George Merrick somewhere in
the 1920's. Despite a relatively new history, It is one of the first classic
planned communities with three-lined boulevards, winding roads and
architecture that is mostly Mediterranean in character. The developer
formulated a concise planning for the city so much so that he boasted that
no business was too far away for anyone to reach. Coral Gables is also
referred to as the "The City Beautiful" and is situated very close
to the Miami International Airport and the Port of Miami. The city is
perhaps most acclaimed for being home to a large number of high quality
dining establishments like Norman's and Christy’s and retailers known
internationally.
The Gables also has some major places of interest among which the most
famous are Coral Way scenic drive, Montgomery Botanical Center, the
University of Miami and the Venetian Pool. The Coral Way is none but the
State Road 972, in which the beauty lies in the banyan trees lining the
road. The Montgomery Botanical Center is a non- profit botanical garden that
collects seeds of wild plants from world over, but primarily emphasizes on
cycads and palms. It acts as a research facility and is not open for public
visits. The University of Miami happens to be a major center for education
for Coral Gables and the surrounding areas. It was founded in 1925 and is
accredited to the Southern Association of Colleges and Schools. Among all
the interesting sites in Coral Gables, one of the most unique is the
Venetian Pool which looks complete with a Venetian style bridge and classic
mooring posts. The Biltmore Hotel, the City Hall building, the De Soto
Fountain, and Miracle Mile are also a must see.
Coral Gables real estate is a very desirable address as it is one of the
most prominent cities in South Florida. A few upscale communities include,
Coral Bay, Gables by the Sea, Coral Estates, and Granada Place. The real
estate in Coral Gables is luxurious and elegant. Currently over 500 homes
are available for sale here from $400,000 dollars to over 10,000,000
dollars. There are over 300 condos for sale from $200,000 dollars to over
$2,500,000 dollars. Presently the real estate market in Coral Gables is very
slow and there are many opportunities to find a beautiful home at an
excellent price. Coral Gables Real Estate is due to improve again by 2009.
Now is the occasion to buy a home in the City Beautiful.
Article Directory: http://www.articlewisdom.com
Hector Lesende is Owner/Licensed Real Estate Broker in Miami South Florida.
Please visit Miami Real Estate. Search Coral Gables Real Estate. We will
sell your home from only 1% commission. We provide a free South Florida
Foreclosure and MLS list.
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