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Coral Gables Homes vs Key Biscayne Homes | What Homes are Selling for How Much?
What is the Value of Coral Gables Homes Compared to Key Biscayne Homes?
Two of Miami’s most sought-after areas are Coral Gables and Key Biscayne. Both neighborhoods offer spectacular (waterfront) real estate options and are among Miami’s most desired residential areas. Whatever is best for you and your family depends on your personal needs and wishes. This article is written from a realtor’s perspective; we provide you with essential sales numbers and prices that show you the difference between Key Biscayne homes for sale and Coral Gables Homes for sale.
Please call me for a more personalized discussion and to gain more insights into the differences of these two neighborhoods regarding safety, schools, accessibility, walkability and much more: David Siddons +1.305.508.0899
This blog is divided into several price ranges and offers key data per price range for sold and active listings as well as examples of properties that sold in each neighborhood. This study is taken over sales in the period of June 24 2018 till June 24 2019.
Average Sales Prices per SF
Including the Average of the Highest and Lowest Three Sales Prices
The Amount between brackets eg (13) and (113) are the amount of homes sold

The Inventory Levels based on Closed Sales and Closed Sales combined with Pending Sales

The Number of active Listings, The Average Listing Price per SF and Number of Pending Sales

Coral Gables Homes vs Key Biscayne Homes | Examples of Recent Sales
1428 Dorado Ave, Coral Gables (Dry Lot)
Sold for $1,935,000 | $563 per SF
5 Bedrooms | 5.5 Bathrooms
3,799 SF Interior | 10,000 SF Lot
Listed for $1,980,000 | $576 per SF
792 Ridgewood Rd, Key Biscayne (Dry Lot)
Sold for $1,920,000 | $731 per SF
4 Bedrooms | 4 Bathrooms
2,625 SF Interior | 7,656 SF Lot
Listed for $2,190,000 | $834 per SF
Average Sales Prices per SF
Including the Average of the Highest and Lowest Three Sales Prices
The Amount between brackets eg (20) and (22) are the amount of homes sold

The Inventory Levels based on Closed Sales and Closed Sales combined with Pending Sales

The Number of active Listings, The Average Listing Price per SF and Number of Pending Sales

Coral Gables Homes vs Key Biscayne Homes | Examples of Recent Sales
6920 Tulipan Ct, Coral Gables (Dry Lot, Gated Community of Cocoplum)
Sold for $2,400,000 | $575 per SF
5 Bedrooms | 5.5 Bathrooms
4,782 SF Interior | 17,804 SF Lot
Listed for $2,595,000 | $622 per SF
240 Cranwood Dr, Key Biscayne (Dry Lot)
Sold for $2,350,000 | $734 per SF
–
5 Bedrooms | 4.5 Bathrooms
2,961 SF Interior | 7,500 SF Lot
Listed for $2,500,000 | $781 per SF
6511 Maynada St, Coral Gables (Dry Lot)
Sold for $2,400,000 | $637 per SF
5 Bedrooms | 5 Bathrooms
4,205 SF Interior | 11,000 SF Lot
Listed for $2,500,000 | $663 per SF
299 W Enid Dr, Key Biscayne (Dry Lot)
Sold for $2,475,000 | $620 per SF
6 Bedrooms | 5 Bathrooms
3,792 SF Interior | 7,500 SF Lot
Listed for $2,675,000 | $670 per SF
245 Costanera Rd, Coral Gables (Waterfront Lot, Gated Community of Cocoplum)
Sold for $2,925,000 | $694 per SF
4 Bedrooms | 4 Bathrooms
4,461 SF Interior | 15,530 SF Lot
Listed for $3,295,000 | $782 per SF
345 Westwood Dr, Key Biscayne (Dry Lot)
Sold for $2,770,000 | $700 per SF
–
6 Bedrooms | 5.5 Bathrooms
3,955 SF Interior | 7,795 SF Lot
Listed for $2,999,999 | $758 per SF
Average Sales Prices per SF
Including the Average of the Highest and Lowest Three Sales Prices
The Amount between brackets eg (4) and (4) are the amount of homes sold

The Inventory Levels based on Closed Sales and Closed Sales combined with Pending Sales

The Number of active Listings, The Average Listing Price per SF and Number of Pending Sales

Coral Gables Homes vs Key Biscayne Homes | Examples of Recent Sales
1257 Mariola Ct, Coral Gables (Dry Lot)
Sold for $3,400,000 | $562 per SF
5 Bedrooms | 4.5 Bathrooms
6,527 SF Interior | 17,500 SF Lot
Listed for $3,775,000 | $623 per SF
725 Woodcrest Road, Key Biscayne (Dry Lot)
Sold for $3,150,000 | $840 per SF
6 Bedrooms | 6.5 Bathrooms
3,750 SF Interior | 7,687 SF Lot
Listed for $3,295,000 | $878 per SF
5455 Arbor Ln, Coral Gables (Dry Lot in Gated Community of Snapper Creek Lakes)
Sold for $4,100,000 | $782 per SF
5 Bedrooms | 6,5 Bathrooms
6,159 SF Interior | 51,401 SF Lot
Listed for $4,590,000 | $875 per SF
301 Island Drive, Key Biscayne (Dry Lot)
Sold for $4,350,000 | $772 per SF
–
7 Bedrooms | 7.5 Bathrooms
5,631 SF Interior | 12,000 SF Lot
Listed for $4,975,000 | $883 per SF
Average Sales Prices per SF
Including the Average of the Highest and Lowest Three Sales Prices
The Amount between brackets eg (1) and (6) are the amount of homes sold

The Inventory Levels based on Closed Sales and Closed Sales combined with Pending Sales

The Number of active Listings, The Average Listing Price per SF and Number of Pending Sales

Coral Gables Homes vs Key Biscayne Homes | Examples of Recent Sales
7275 Old Cutler Rd, Coral Gables (Dry Lot in the Gated Community of Cocoplum)
Sold for $6,500,000 | $740 per SF
8 Bedrooms | 9 Bathrooms
8,782 SF Interior | 40,365 SF Lot
Listed for $8,500,000 | $968 per SF
104 Reef Ln, Key Biscayne (Dry Lot on the Oceana Key Biscayne premises)
Sold for $6,050,000 | $1,192 per SF
7 Bedrooms | 5.5 Bathrooms
5,074 SF Interior | 12,000 SF Lot
Listed for $6,500,000 | $1,281 per SF
220 Leucadendra Dr, Coral Gables (Watefront Lot in Gated Community of Gables Estates)
Sold for $7,900,000 | $1,097 per SF
8 Bedrooms | 8,5 Bathrooms
7,203 SF Interior | 44,695 SF Lot
Listed for $9,398,7770 | $1,305 per SF
350 Island Dr, Key Biscayne (Waterfront Lot)
Sold for $7,900,000 | $1,555 per SF
–
7 Bedrooms | 7.5 Bathrooms
5,215 SF Interior | 12,800 SF Lot
Listed for $8,450,000 | $1,663 per SF
FAQ
These are the most commonly asked Google Real Estate Related questions
1. What are the Current Best New Condos in Miami?
If you want to hear in more details our opinions on the best new Miami new construction condos. Please read this article:Best New Construction Condos 2022-2023.
2. What is the best New Construction Condo in Fort Lauderdale?
In our opinion, the Residences at Pier Sixty-six are certainly the most interesting and unique. Already well underway this 32 Acre project will be home to the first of its kind Marina where owners will be able to anchor up vessels up to a staggering 400 ft! For specifics of this project see our independent review of this project.
3. How can I compare the new luxury construction Condos to the best existing Luxury Condos in Miami?
Our Best Luxury Condos in Miami article will prove to be very useful to those looking to compare the existing to the new. You may also want to watch this video which shows the performance of the best Condos in Miami over the last 15 years!
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