Coral Gables Sec B Homes for Sale

Coral Gables Sec B is an age-restricted 55+ community in Coral Gables, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $1,800,000 to $7,000,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Coral Gables Sec B and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Coral Gables Sec B and the Coral Gables area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 6 Coral Gables Sec B Coral Gables homes for sale as of October 2026. The median asking price is $1.87M. Asking prices run from $1.3M to $3.52M.

That sits close to the Coral Gables median of $1.9M. On a per-foot basis, homes here ask about $1,127 per square foot, compared with $934 across Coral Gables. So the median price buys roughly 1,650 square feet of living area.

Listings here have averaged 36 days on the market. That is faster than the Coral Gables average of 137 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Coral Gables Sec B date from 1925 to 1989. That puts them between 37 and 101 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

At a median near $1.87M, Coral Gables Sec B sits in the luxury tier of Coral Gables. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Coral Gables Sec B have a median asking rent of $7,750 per month, across 4 active rental listings. For comparison, the Coral Gables median is $4,200, so rents here run 85% higher.

For investors, those medians imply a gross yield near 5.0% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current Coral Gables rentals or ask us for a rent estimate on a specific Coral Gables Sec B home.

Here is what the median Coral Gables Sec B price means in Florida closing terms. At $1.87M, a 20% down payment comes to about $375,000, leaving a loan near $1.5M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $5,247. Next, the intangible tax of 0.2% adds about $2,998. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $11,244 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Coral Gables Sec B listings show assignments to Coral Gables Preparatory Academy (elementary) and Coral Gables (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.