Best Places to Live in Coral Gables

Everyone who knows Coral Gables knows about its streets lined with oak trees, Mediterranean-inspired architecture, and coral exteriors. 
But imagine strolling through a city where you can travel from the charming streets of the French countryside to the elegant courtyards of an Italian villa, all without leaving your neighborhood.
Yes, that’s what sets Coral Gables apart from other Florida cities. 
The city isn’t just about its lush landscapes and luxurious living; it also boasts international-themed villages tucked away in different corners. In fact, Coral Gables, or the City Beautiful as it’s known, has so many awesome spots where you’d like to plant roots. 
If you think your next home is here, let’s look at some of the best places to live in Coral Gables.

Sunrise Harbor

In southern Coral Gables, you will find the neighborhood of Sunrise Harbour along Biscayne Bay. The area’s unique position allows you to view the Atlantic Ocean, the bay, and the Miami skyline. 
If you love being out on the water, then this is one of the best places to live in Coral Gables. The homes here have private docks, so you can set sail whenever the mood strikes. 
Moreover, the community is also small, with only 80 homes, giving it a friendly, laid-back vibe — with highly walkable environs. For security, entry to the neighborhood is guarded, ensuring safety at all times.

• Population: 1,355
• Median Household Income: $87,924
• Average House Rent: $3,825
• Median Home Value: $3.05 million
• Best Known For: Prime waterfront properties, boating culture, and luxury rentals

Gables Estates

In Coral Gables, Gables Estates is the epitome of luxury. The gated community screams luxury, with estates sitting on large lots (thanks to the strict HOA regulations that mandate homes must be at least 3,000 square feet). 
The neighborhood also has direct access to Biscayne Bay, offering stunning waterfront views and private docks for your yacht. 
If security is a concern, rest assured that Gables Estates is one of the safest neighborhoods in Coral Gables — the community has a 24-hour security patrol. Gables Estates is a dream come true if you’re looking for prestige, exclusivity, and privacy.
So, if you’re planning to make this exclusive neighborhood your new home, don’t forget to call in the best movers Coral Gables has to offer. Relocating to such grandeur as this neighborhood requires a touch of professionalism from these movers.

• Population: 330
• Median Household Income: $133,862
• Average House Rent: Unavailable
• Median Home Value: $19.1 million
• Best Known For: Ultra-luxurious waterfront residential homes and celebrity/top executives’ residents

Cocoplum

To perfectly blend family-friendly living with luxurious amenities, Cocoplum is the ideal luxury neighborhood in Coral Gables for you. 
From beautifully tamed streets, and lush greenery to top-notch security, Cocoplum has its own private marina. There’s also a clubhouse, tennis courts, and a playground for the kids. 
If you’re a shopaholic, the high-end shopping opportunity of Miracle Mile is only a few minutes away. Basically, Cocoplum is the ideal spot for families who want a safe and active lifestyle.

• Population: 400
• Median Household Income: $78,525
• Average House Rent: $3,850
• Median Home Value: $8 million
• Best Known For: Exclusive amenities and family-friendly environment

Gables by the Sea

If coastal living is calling your name, Gables by The Sea is where you need to be. 
Beyond the offerings of waterfront homes with direct access to Biscayne Bay, the neighborhood’s perfect for those who love water sports or simply want to relax by the sea. In fact, many canals and inlets in the area all lead to Biscayne Bay. 
Although it is one of the oldest neighborhoods in Coral Gables, the homes, totaling over 500, are still in good shape. The neighborhood is pretty much quiet and secure, with idyllic semblances. 
It’s the perfect area, ideal for families and retirees.

• Population: 1,097
• Median Household Income: $133,862
• Average House Rent: $3,200
• Median Home Value: $4.06 million
• Best Known For: Waterfront homes with bay access and unique restaurants

Old Cutler Bay

Living in Coral Gables’ Old Cutler Bay means living in a neighborhood with Mediterranean and Spanish-inspired homes enveloped by nature. 
Old Cutler Bay is where to be. There are canopies of banyan trees and lush vegetation all around. Not only is this area a historic neighborhood with a rich past and a luxurious present, but it also has lots of custom-designed residencies with canal frontage.
The homes are grand, with large lots and waterfront views. For outdoor activities, you can go hiking or biking around the area. Plus, for a fresh experience and some bird watching, the Deering Estate nature preserve, and Fairchild Botanical Gardens are only a short distance away.

• Population: 554
• Median Household Income: $133,862
• Average House Rent: $1,447
• Median Home Value: $425,000
• Best Known For: Historic elegance and scenic Old Cutler Road

Hammock Oaks

When you think about a neighborhood centrally positioned near key areas, Hammock Oaks should spring to mind. It’s a great location when moving to Coral Gables if you care about nearness to happening areas.
Hammock Oaks’ proximity to Downtown Miami, Coconut Grove, and even Brickell, which is only minutes away, means residents can access shopping centers and multiple dining options.
This neighborhood’s greenery is dotted by mangroves, which give it a typical tropical ambiance — perfect for nature lovers.
The homes here are spacious, with large yards and plenty of privacy. They are a mix of Mediterranean-style homes, contemporary ones, and European-styled ones. 
Plus, the area’s right next to Matheson Hammock Park, offering plenty of opportunities for outdoor activities.

• Population: 846
• Median Household Income: $133,862
• Average House Rent: $1,998
• Median Home Value: $3.5 million
• Best Known For: Proximity to nature and spacious, private homes

Hammock Lakes

Just skirting the Hammock Oaks neighborhood is its neighbor, Hammock Lakes, in southern Coral Gables. 
In addition to enjoying the same benefits as Hammock Oaks, this community is home to some of the area’s influential individuals. From business leaders to professional athletes, the neighborhood has them all. 
Many of the homes here have views of beautiful Hammock Lake. These homes, numbering over 100, provide an incredibly private and exclusive atmosphere, separated from the bustle of city life. 
Effectively, it makes Hammock Lakes one of the best places to live in Coral Gables.

• Population: 450
• Median Household Income: $133,862
• Average House Rent: $2,236
• Median Home Value: $3.5 million
• Best Known For: Secluded, nature-rich environment and lake views

Deering Bay

Last but certainly not least is Deering Bay!
A golf course, an Olympic-size pool, country clubs, and tennis courts — if you can think of it, you can find it in Deering Bay. 
The neighborhood is the perfect picture of luxury with natural simplicity. Its community feels more like a luxury resort, and residents have access to a marina and even a private beach. 
Mediterranean-style homes, villas, and condos all offer one unique thing — breathtaking views of Biscayne Bay and the surrounding nature.

• Population: 1,187
• Median Household Income: $155,890
• Average House Rent: $7,300
• Median Home Value: $2.6 million
• Best Known For: Resort-style amenities and golf course living

Wrap Up: The Best of Coral Gables

No doubt about it, the City Beautiful is an all-around stunner. Not only is the crime rate low and insignificant in these areas, but they offer the best quality of life in Florida. 
The draw might be the waterfront luxury of Gables Estates or the nature-rich tranquility of Hammock Lakes — whatever it is, Coral Gables has a neighborhood that’s just right for you. 
It could be the highly walkable Sunrise Harbor or the family-friendly environment of Cocoplum that ensures you get an area that meets your preferences.
Remember: each of these neighborhoods offers a unique slice of paradise, making them one of the best places to live in Coral Gables and, by extension, Florida!