Active Listings · 2
2 Bedrooms · 2 units
★ Insider Notes from Ricky
- →Gables Plaza is a 14-story mid-rise at 625 Biltmore Way, Coral Gables, FL 33134, built 1969. Currently 1 active listing on the market, with active asking prices ranging up to $595K.
- →Neighborhood: Coral Gables. Coral Gables is George Merrick's planned 1920s 'City Beautiful' -- Mediterranean Revival architecture written into the zoning code, oak canopy that survived a half-dozen hurricanes. Older neighborhood feel, school quality (Carrollton, St. Hugh, public Coral Gables Senior), and the University of Miami sits within the city.
- →Buyer profile here: Family buyers, established-wealth primary residents, multigenerational ownership patterns. Larger Spanish-speaking buyer share than other Miami neighborhoods.
- →Built 1969 (now 57 years old) -- past Florida's 25-year structural recertification trigger.
- →Mid-tier condo inventory ranging up to $595K.
- →At 14 stories, Gables Plaza is low-rise scale -- fewer total units typically means a more intimate building feel.
- →Compared anchor: Compared to Coconut Grove (bohemian-water, marinas), Gables is Mediterranean-formal, structured around the Miracle Mile shopping core.
- →Rental rules vary per association in this market -- most Miami-Dade condos require 6 or 12-month minimum leases. Verify per-association before assuming Airbnb potential.
- →Pre-offer diligence: Coral Gables broadly restricts short-term rentals citywide. Most associations require 6 or 12-month minimums.
- →Ricky has worked the Coral Gables market for years and can pull HOA documents, recent comps, and reserve study status on any unit you're considering. Text (305) 33-RICKY -- that's (305) 337-4259 -- for a same-week walk-through.
