I quote that from this week’s Miami Herald Business Monday, and I can vouch for it! I have been out this month searching for the ‘perfect’ condo in Coral Gables for 3 different Buyers and 2 different Renters, and in both markets condos are moving like hot cakes; especially in the $300,000-$750,000 range. Special writer Peter Zalewski says Coral Gables is statistically outpacing – on a per capita basis – nearly every coastal condo market east of I-95 in Dade, Broward, and Palm Beach Counties.
All of my clients are looking for a newer building with the bells and whistles like luxurious lobbies, 24-hour security, gym (or two!), club & party rooms, business rooms, and resort style pools. Of course all of that needs to be within walking distance to downtown Coral Gables and its wonderful restaurants, boutiques, and farmer’s market!
There are so many wonderful developments that fit that bill, and they are not only great to buy to live in, but they are wonderful to rent until you’re ready to buy. My new favs are 55 Merrick Place, the Andalusia (although there’s no pool), 1300 Ponce, and 50 Alhambra. I’m so glad Peter Zalewski found the time to write about Coral Gables; it was refreshing to hear about something other than Brickell City Centre for a change!