Coral Gables Sec L Homes for Sale

Coral Gables Sec L is a residential community in Coral Gables, Florida.

Pure Equity Realty covers Coral Gables Sec L 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 2 Coral Gables Sec L Coral Gables homes for sale as of October 2026. The median asking price is $2.24M. Asking prices run from $1.98M to $2.5M.

That is 17% above the Coral Gables median of $1.91M. On a per-foot basis, homes here ask about $588 per square foot, compared with $934 across Coral Gables. So the median price buys roughly 3,800 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 18 days on the market. That is faster than the Coral Gables average of 134 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Coral Gables Sec L date from 1944 to 1949. That puts them between 77 and 82 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.

Rentals in Coral Gables Sec L have a median asking rent of $1,675 per month, across 2 active rental listings. For comparison, the Coral Gables median is $4,200, so rents here run 60% lower.

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

Here is what the median Coral Gables Sec L price means in Florida closing terms. At $2.24M, a 20% down payment comes to about $448,000, leaving a loan near $1.79M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $6,265. Next, the intangible tax of 0.2% adds about $3,580. 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 $13,425 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 L 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.