Coral Gables · Luxury · $3M and above

Coral Gables Luxury Homes for Sale $3M+

Above $3 million the Gables is a different market: fewer houses, wider lots, and a good part of the activity happening before a listing is ever published. Every residence and every figure below is read live from the MLS — what is not public, I will tell you about directly.

Updated October 28, 2026

102 active listings in this range across Coral Gables.

Looking between $1M and $3M? See the full range

Mediterranean Revival estate in Coral Gables with a reflecting pool beneath a live oak canopy at golden hour

Coral Gables $3M+

The market, in numbers

Coral Gables, $3M and above

Updated October 28, 2026

Median sold price

$4.89M

2.2% lower

was $5M

Average days on market

148 days

15 days longer

was 133 days

Active listings

102

18 more

was 84

Months of supply

13.9 months

8.5 more

was 5.4 months

Sale-to-list ratio

94.5%

0.5 points higher

was 94%

22 homes at $3 million and above closed in Coral Gables in the 90 days to October 28, 2026, at a median of $4,890,000, 2.2% lower than the $5,000,000 median of the previous 90 days (47 sales). Homes took an average of 148 days to sell and closed at a median of 94.5% of list price, against 133 days and 94% in the previous 90 days. There are 102 active listings in the range, about 13.9 months of supply at the current pace, 8.5 more than 90 days ago.

Trailing 90 days compared with the 90 days before it. Source: MIAMI REALTORS® MLS, live IDX feed.

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What your budget buys

At this level the city's larger single-family houses appear: five and six bedrooms, renovated or rebuilt, with pools, summer kitchens and often a guest house on a wide lot. Condominium and townhome residences in the band sit in the newer buildings along Ponce de Leon and Douglas Road.

46 active listings · median $4M

46 homes shown

Both sides of the same decision

Moving between the Beach and the Gables

From Miami Beach to Coral Gables

The Beach gives you the ocean, the walkable districts and a building with services. The Gables gives you a house, a lot and garden, shade from mature trees, and a car-first life with the downtown restaurants a short drive away. Condominium living exists here too, in the newer buildings along Ponce de Leon and Douglas Road, so the move does not have to mean leaving a doorman behind.

From Coral Gables to Miami Beach

Moving the other way means trading the lot and the oak canopy for a residence with a terrace, the water at the end of the street and a walk to dinner. The buildings differ block by block in age, exposure, house rules and what the association includes, so the work is in narrowing those before you look at anything.

Sell first, or buy first

On this move the financing is usually the deciding factor, not the market. If the equity in the home you are selling is funding the next purchase, the sale generally has to come first, with a rent-back or a longer closing so the two dates line up. If you can carry both, buying first lets you move deliberately and sell into a settled timeline, though it means holding two properties for a while. We look at both before either one is listed.

Alerts, off-market, valuations

Tell me what you are looking for

Above $3 million a meaningful share of the Gables market never reaches a portal. Tell me the area and the budget once, and I will send the houses that fit as they come up — including the ones being prepared for market.

Listings on this page are open to everyone; no registration is needed to browse. Your details are used to answer you and to send the alerts you ask for, nothing else.

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Dan Rascon, luxury real estate advisor in Coral Gables and Miami Beach

About

Dan Rascon

I have spent fifteen years selling property in Miami, and I work both markets that matter to people making this move: Miami Beach and Coral Gables. That means I can tell you what a Gables house is worth against the Beach condominium you already own, and what the timing looks like when the two depend on each other.

I am the number-one producing agent at Keyes Miami Beach, and I handle every one of these conversations myself. If you are buying or selling in either market, the answer comes from me, not from a team.

Brokerage

Keyes · Miami Beach

Dan Rascon, Florida Real Estate License #[add license number]

Equal Housing Opportunity. All real estate advertised is subject to the Federal Fair Housing Act, which makes it illegal to advertise any preference, limitation or discrimination based on race, color, religion, sex, handicap, familial status or national origin, or an intention to make any such preference, limitation or discrimination.

Listing data

Listing data provided by MIAMI REALTORS® MLS through the Bridge Interactive RESO Web API. All listing information is deemed reliable but not guaranteed.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Dan Rascon shall be responsible for any typographical errors, misinformation or misprints, and shall be held totally harmless. © 2026 MIAMI REALTORS®. All rights reserved. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Each listing on this page carries the credit of its listing broker. Market figures are calculated from the same feed and refresh every few hours.

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Market Insights

Occasional commentary on Miami’s luxury market, pricing strategy, and notable properties.

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© 2026 Dan Rascon. All rights reserved.

Keyes Miami Beach · Licensed Real Estate Professional

Equal Housing Opportunity. All information deemed reliable but not guaranteed. Listings provided via IDX from the Miami MLS. Property data is refreshed periodically and may not reflect real-time availability.