Friday, August 29, 2008

The Real Estate In Coral Gables Is Luxurious And Elegant

Category: Finance, Real Estate.

The city of Coral Gables is situated in Miami- Dade County in Florida, to the south- west of Miami. It is located at 25 43 42" N, 80 16 16" W and has an area of more than 96 km sq.



Notably is also referred to as simply" The Gables" and is best known for being the home to the University of Miami. According to a recent estimate the city has a population of more than 42, 00Over 60% of residents earned a bachelor s degree or higher. The history of Coral Gables is comparatively new when compared to other cities in the United States. The average home age is 49 years old. It was developed by George Merrick somewhere in the 1920 s. 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.


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. 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 Gables also has some major places of interest among which the most famous are Coral Way scenic drive, the University of, Montgomery Botanical Center Miami and the Venetian Pool. 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 Coral Way is none but the State Road 972, in which the beauty lies in the banyan trees lining the road. It acts as a research facility and is not open for public visits. 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.


The University of Miami happens to be a major center for education for Coral Gables and the surrounding areas. 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. It was founded in 1925 and is accredited to the Southern Association of Colleges and Schools. The Biltmore Hotel, the City Hall building, the De Soto Fountain, and Miracle Mile are also a must see. A few upscale communities include, Gables by the, Coral Bay Sea, and Granada Place, Coral Estates. Coral Gables real estate is a very desirable address as it is one of the most prominent cities in South Florida.


The real estate in Coral Gables is luxurious and elegant. There are over 300 condos for sale from$ 200, 000 dollars to over$ 2, 500, 000 dollars. Currently over 500 homes are available for sale here from$ 400, 000 dollars to over 10, 000 dollars, 000. 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 200Now is the occasion to buy a home in the City Beautiful.

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This Property Can Have A Maximum Area Of 33 Acres - Finance and Real Estate:

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