The Gables Homes for Sale

The Gables Condo is a luxury waterfront, luxury community in Coral Gables, Miami-Dade County, Florida. Properties are priced from $2,400,000 to $10,000,000. Pure Equity lists homes in The Gables 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 The Gables 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 5 The Gables Coral Gables homes for sale as of October 2026. The median asking price is $6.0M. Asking prices run from $2.79M to $12.8M.

That is 210% above the Coral Gables median of $1.94M. On a per-foot basis, homes here ask about $932 per square foot, roughly in line with the city at $936. So the median price buys roughly 6,450 square feet of living area.

Listings here have averaged 101 days on the market. That is faster than the Coral Gables average of 135 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in The Gables date from 1996 to 2003. That puts them between 23 and 30 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.

Condo buyers should also know Florida's 2022 condo safety law. It requires milestone structural inspections for buildings three stories or taller as they age. It also requires a structural integrity reserve study. Before you sign, request both reports and the current reserve balance.

The Gables includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

The Gables is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

At a median near $6.0M, The Gables sits in the luxury tier of Coral Gables. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in The Gables have a median asking rent of $25,000 per month, across 1 active rental listing. For comparison, the Coral Gables median is $4,200, so rents here run 495% higher.

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

Here is what the median The Gables price means in Florida closing terms. At $6.0M, a 20% down payment comes to about $1.2M, leaving a loan near $4.8M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $16,797. Next, the intangible tax of 0.2% adds about $9,598. 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 $35,994 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 The Gables listings show assignments to Coconut Grove (elementary), Ponce De Leon (middle) and Coral Gables (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.