Welbon Homes for Sale

Welbon is a luxury community in Coral Gables, Miami-Dade County, Florida. Properties are priced from $1,100,000 to $1,600,000. Pure Equity lists homes in Welbon 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 Welbon 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 Welbon Coral Gables homes for sale as of September 2026. The median asking price is $1.29M. Asking prices run from $995,000 to $1.58M.

That is 32% below the Coral Gables median of $1.9M. On a per-foot basis, homes here ask about $799 per square foot, compared with $934 across Coral Gables. So the median price buys roughly 1,600 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 69 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 Welbon date from 1939 to 1947. That puts them between 79 and 87 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 $1.29M, Welbon sits in the luxury tier of Coral Gables. Jumbo financing and proof of funds usually come up early in these negotiations.

Here is what the median Welbon price means in Florida closing terms. At $1.29M, a 20% down payment comes to about $258,000, leaving a loan near $1.03M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $3,612. Next, the intangible tax of 0.2% adds about $2,064. 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 $7,740 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 Welbon 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.