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Gables Estates | Inside one of the Best Gated Communities in Miami
Gables Estates Homes for Sale
In our latest blog about Coral Gables mansions, we mentioned that Gables Estates is one of the most desired locations for ultra-luxury home buyers. Gables Estates Miami is indeed by far the number 1 place for ultra-luxury buyers who are looking for waterfront estates in the Coral Gables area. In this blog, we dive into this community and tell you more about Gables Estates.
Gables Estates is an exclusive waterfront and gated community offering 170 homes in the upscale city of Coral Gables. The community is located along the Biscayne Bay and with a few exceptions all homes are located on large waterfront lots of at least an acre. This is one of the very few waterfront neighborhoods in Miami that offer bayfront lots with unobstructed views over the open water. Those homes that are not located on the open bay are situated on any of the inlets or canals with a short distance to the open ocean (no bridges). In 2020 Gables Estates was one of the top neighborhoods for luxury buyers of $10M+ homes with in total of 11 sales above the $10M mark. Gables Estates offers large homes (most are around 9,000- 10,000 SF) on very expansive lots (40,000 – 187,000 SF) making it extremely private. This exclusive community is by far one of the best Miami waterfront neighborhoods.
- Price range: $5M – $45M (Waterfront starts at $15M)
- Number of homes: 170
- SF range of Homes: 3,600 -18,000 SF (Most around 9,000- 10,000 SF)
- SF range of Lots: 40,000 – 187,000 SF (Just under 1 acre to 4 acre lots)
Gables Estate Club
Once you buy a Gables Estates home you will have to become a member of the Gables Estates Club. The Gables Estates Club requires a non-refundable application fee of $100,000.00 ($105,000.00 if the applicant is a foreigner). The HOA fee at Gables Estates is $7,500 per year. The association fee covers 24-hour security, common area landscaping, maintenance of common areas as well as the salaries for administrators and handymen.
Safety and Security
Safety is of the utmost importance in this gated community. As one of the premier neighborhoods in the US, the community’s security program is specifically designed to offer the highest level of protection including the protection of people, properties, and water crafts. Safety measures include:
- 24/7 Armed guards provided by G4S are located at both entrances and exits to the community. They stop every vehicle/person entering the neighborhood and monitor every vehicle exiting. In addition, 24-hour patrol cars are doing constant surveillance on each street in the neighborhood.
- Since most members also have a substantial investment at their dock, the association has boat patrols to guard members’ yachts and watercraft and to watch over their backyards.
- Topping this off, the community has numerous cameras throughout the neighborhood, watching the entrances, exits, streets, and waterways, which are monitored 24/7 by G4S officers. These include FLIR night vision cameras and beam detectors so nobody enters the neighborhood, or waterways, undetected, day or night. These cameras also record, and recordings are kept.
- Finally, the homeowners association is extremely proud of the fact that many G4S officers have been with the association for over a decade, some as long as 23 years. Officers are known to recognize family members and to address them by name.
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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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