For Sale 1
One of the most exclusive communities in the world, and one of the most prestigious addresses in the USA, Gables Estates reflects living in perfection. This enclave hugs Biscayne Bay on the edge of Coral Gables with winding waterways throughout the community and vibrant foliage and gardens surrounding the homes. The community was developed in the 1960s by renown industrialist Arthur Vining Davis, and consists of just 164 homes with deep water, sea-walled waterways that wind through the estates. 24-hour security and private patrols closely guard this gated community to protect the privacy and security of its residents. With easy driving distance to downtown Miami, Miami International Airport, shops at Bal Harbour, Wynwood District and a vibrant cultural scene, as well as charming downtown Coral Gables’ numerous, outstanding, restaurants, boutiques and upscale shopping at Merrick Park, this family friendly community rests in an ideal location. It is close to impossible to find any place quite as lovely and private such as Gables Estates.
The homes range from grand Spanish Mediterranean style homes to Art Deco to sleek modern designs. When homes become available on this market, it is a rare opportunity. Potential residents must join Gables Estates Club, Inc., the homeowners association, in order to purchase a home. A process similar to passing a coop board with very high standards, it requires letters of recommendation, a thorough background check, financial background check and a non-refundable $75,000 deposit. As one of the most exclusive communities, properties start above $6M and easily go into the double digits millions. The lucky few elite who live in these large estates tend to hold onto their homes. It’s a bit of paradise tucked along the water’s edge of “The City Beautiful.”