New Pre-Construction Condos in Coral Gables

Coral Gables — dubbed "The City Beautiful" — is one of America's first planned communities, founded in the 1920s by George Merrick with Mediterranean Revival architecture, tree-lined boulevards, and lush tropical landscaping. Today, the city's pre-construction market blends this historic character with contemporary luxury, attracting buyers who value elegance, culture, and some of South Florida's strongest public services. Current developments include The Village at Coral Gables, Alhambra Parc, Ponce Park, CORA at Merrick Park, The Avenue Coral Gables, and Seventeen Gables. These projects honor the city's strict architectural guidelines while delivering modern amenities, with many clustered around the Miracle Mile retail corridor and Shops at Merrick Park. Pre-construction pricing in Coral Gables ranges from approximately $800,000 for two-bedroom units to $5M+ for premium penthouses. Price per square foot typically falls between $700 and $1,500. The city commands a premium over neighboring areas due to its excellent schools, low crime rates, and protected neighborhood character. Coral Gables is home to the University of Miami, providing a cultural and economic anchor, along with the Biltmore Hotel — a National Historic Landmark — and the Venetian Pool, a spring-fed swimming hole carved from coral rock in the 1920s.

Coral Gables offers a sophisticated, culturally rich lifestyle rooted in its Mediterranean heritage. Miracle Mile and Giralda Avenue form the city's dining and retail heart, with restaurants like Christy's, Seasons 52, and Ortanique on the Mile drawing foodies from across Miami. The Shops at Merrick Park provide luxury retail (Nordstrom, Neiman Marcus, Gucci) in a beautifully landscaped outdoor setting. Cultural attractions include the Coral Gables Museum, Lowe Art Museum at UM, and year-round festivals including Carnaval on the Mile. For families, Coral Gables offers top-rated schools including Coral Gables Senior High (an IB World School) and numerous private options. The city maintains 42 parks, the Granada Golf Course, and the historic Venetian Pool. The Riviera Country Club and Coral Gables Country Club provide private club amenities for residents.