Coral Gables, FL Condos for Sale

In Coral Gables, FL, you can find a diverse range of condos for sale, including luxury high-rise condos, mid-rise buildings, and townhome-style units. These properties vary in size and style, offering options from one-bedroom units to expansive multi-bedroom penthouses.

Condos in Coral Gables typically offer amenities such as swimming pools, fitness centers, 24-hour security, valet parking, concierge services, and beautifully landscaped common areas. Some luxury condos also feature rooftop terraces, private balconies, and spa facilities.

Buying a condo in Coral Gables offers numerous benefits, including a maintenance-free lifestyle, access to upscale amenities, enhanced security, and a prime location close to Miami. Additionally, Coral Gables is known for its beautiful architecture, excellent dining options, and top-rated schools, making it a highly desirable place to live.

Yes, owning a condo in Coral Gables typically involves paying homeowner association (HOA) fees. These fees cover the maintenance of common areas, amenities, security, and other communal services. The amount of the fees varies depending on the condo complex and the amenities offered.

Yes, many condos in Coral Gables can be rented out to generate additional income. However, it’s important to review the condo association’s rules and regulations regarding rentals, as some may have restrictions on short-term or long-term rentals.

The average price range for condos in Coral Gables varies based on factors such as size, location, and amenities. As of recent data, condo prices in Coral Gables typically range from around $300,000 for smaller units to several million dollars for luxury condos and penthouses.

Financing the purchase of a condo in Coral Gables involves getting pre-approved for a mortgage, exploring various mortgage options (such as conventional loans, FHA loans, and VA loans), preparing a down payment (usually between 3.5% to 20% of the purchase price), and maintaining a good credit score. Working with a lender who is familiar with the local condo market can be beneficial.

When buying a condo in Coral Gables, consider factors such as location (proximity to work, schools, and amenities), HOA rules and fees, the condition of the property, available amenities, potential resale value, and conducting a thorough property inspection to identify any issues.

Yes, there are age-restricted condos available in Coral Gables, typically designed for residents aged 55 and older. These communities often provide amenities and services tailored to senior living.

The condo market in Coral Gables is competitive due to the area’s desirable location, beautiful surroundings, and quality of life. Working with a local real estate agent can help you navigate the market, stay informed about new listings, and make timely offers.