Coral Groves Homes for Sale

Coral Groves 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 $999,998 to $2,000,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Coral Groves 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 Groves 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 a single listing for Coral Groves Coral Gables homes for sale as of September 2026. The median asking price is $1.29M.

That is 32% below the Coral Gables median of $1.9M. On a per-foot basis, homes here ask about $593 per square foot, compared with $934 across Coral Gables. So the median price buys roughly 2,200 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 22 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 Groves date from 1946 to 2026. That puts them between 0 and 80 years old.

The range straddles 2002, when Florida adopted its statewide building code. Therefore two similar-looking homes here can carry very different insurance premiums. Ask for the wind mitigation report on any home you consider, since it drives much of that difference.

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 Groves have a median asking rent of $1,900 per month, across 2 active rental listings. For comparison, the Coral Gables median is $4,200, so rents here run 55% lower.

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

Here is what the median Coral Groves price means in Florida closing terms. At $1.29M, a 20% down payment comes to about $259,000, leaving a loan near $1.04M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $3,626. Next, the intangible tax of 0.2% adds about $2,072. 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 $7,770 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.