Coral Gables Waterfront Homes Average $3,000,000 In 2009
January 17th, 2010 Categories:Coral Gables Waterfront Homes
About 10% of Dade County’s waterfront homes currently on the market are located in Coral Gables. Prices range from $49,000,000 for a 20,000 square foot home in Gables Estates to a $658,000 foreclosure canal front property with no Bay access.
The average list price right now for a waterfront home in Coral Gables is $5,000,000 ($770.00 per square foot). Compare that to the average waterfront home sold in 2009 which is only $3,000,000 at ($523.00 per square foot).
A majority of Coral Gables waterfront homes are located in gated communities such as Gables Estates, Cocoplum, Old Cutler Bay and Gables By The Sea. To see a complete list of all waterfront properties that are currently on the market (119) in Coral Gables, click here.
As always, if you are interested in buying or selling real estate in Coral Gables please give me a call at 305.342.1623 or send me a note here.
