Coral Gables, Florida · Miami-Dade County
Gables Estates in Coral Gables, FL: Community Profile
Gated waterfront estates on Biscayne Bay in Coral Gables.
Also known as Gables Estates No 2; Gables Estates No 3; Gables Ests No 4; Gables Estates Club
At a Glance
What is Gables Estates like?
Gables Estates is a guard-gated waterfront community at the southern edge of Coral Gables, built on 192 lots across more than 200 acres of shoreline, per Gables Estates Club, Inc. Membership in the Club is a prerequisite to purchasing property, the canals are deep and sea-walled with no fixed bridges to Biscayne Bay, and the association fee funds 24-hour security. Five homes were listed in October 2026 from $27.5M to $172.5M, and the three sales in the prior twelve months closed between $24.25M and $26.2M.
| Community type | Guard-gated waterfront estate community, membership-based |
|---|---|
| Gated status | Gated with 24-hour security. The association states its guards patrol the streets and waterway and monitor all incoming traffic, and that membership in Gables Estates Club, Inc. is a prerequisite to purchasing property. |
| Security | 24-hour security is funded by the association fee and provided by guards who patrol the streets and waterway, monitor incoming traffic and file daily incident reports with the administrator. MLS listings list Security Patrol and Gated Community among the community features. |
| Location within Coral Gables | Coral Gables, at the southern edge of the city, on the shoreline and canals beyond Old Cutler Road |
| Nearest major roads | Old Cutler Road and Le Jeune Road; the association office is at 7550 SW 57th Avenue, Suite 204, South Miami |
| Architectural style | Detached Mediterranean homes dominate, mostly two-story, with one-story and contemporary estates mixed in. Homes are filed under the county plats Gables Estates No 2, No 3 and No 4. |
| Typical lot size | 45,000 to 103,707 sq ft on the current active market, median about 54,984 sq ft (roughly 1.26 acres); two of the five active lots exceed two acres |
| Typical home size | 9,236 to 21,145 sq ft on the current active market |
| Price range | $27.5M to $172.5M asking in October 2026; the three sales in the prior twelve months closed at $24.25M to $26.2M |
| HOA fee range | $6,000 to $8,500 annually reported across MLS listings; Club membership approval is separate from the annual fee |
| Amenities | 24-hour security patrolling the streets and waterway · Wide, deep-water, sea-walled canals with no fixed bridges to Biscayne Bay · Private deepwater docks on most waterfront homes · Common-area landscaping and maintenance funded by the association |
| Year established | Developed originally in the early 1960s by industrialist Arthur Vining Davis, per Gables Estates Club, Inc. |
| Number of homes | 192 lots across more than 200 acres, per Gables Estates Club, Inc. |
The Setting
Overview and Location
Gables Estates covers more than 200 acres of Coral Gables shoreline, and the Club's own description is precise: 192 lots served by wide, deep-water, sea-walled canals that wind through the community. The developer was industrialist Arthur Vining Davis, who built it in the early 1960s.
What separates it from the city's other gated communities is the water engineering, with canals sized for large vessels and no fixed bridges. Every recent MLS listing is flagged waterfront with ocean access, seawalls and canal widths of 121 feet or more. Membership in Gables Estates Club, Inc. is a prerequisite to purchasing property, so approval is part of the transaction rather than an afterthought. Distances below are straight-line miles from the community's coordinates in the MLS feed.
Driving Distances from Gables Estates
| Destination | Distance / Drive Time |
|---|---|
| Matheson Hammock Park | ≈0.8 mi (straight line) |
| Fairchild Tropical Botanic Garden | ≈1.1 mi (straight line) |
| University of Miami | ≈2.1 mi (straight line) |
| Village of Merrick Park | ≈2.8 mi (straight line) |
| Miracle Mile, downtown Coral Gables | ≈4.1 mi (straight line) |
| Downtown Miami | ≈7.2 mi (straight line) |
| Miami International Airport | ≈7.4 mi (straight line) |
The Living Experience
Lifestyle and Who Lives Here
This is a boating community first. With no fixed bridges and canals wide enough for large-vessel turning, owners keep serious boats behind the house; every recent MLS listing is flagged waterfront with ocean access. The streets are quiet, sales are few, and the association enforces its covenants through an architectural review board, with exterior paint, major renovations and landscape changes all requiring approval.
Membership shapes daily life: the Club is the governance body, and its board meets at least four times a year, with a semi-annual meeting each April and the annual meeting each November. The HOA also sets construction and landscaping hours, and recommends valet parking when residents host large gatherings.
The Association
HOA and Association Details
Fees, rules, and approval requirements at Gables Estates are set by the association and can change. Nothing on this page replaces the current governing documents, budget, and estoppel, which Dan can help you request before you make an offer.
Fees
$6,000 to $8,500 annually in the recent MLS records. The Club assesses a fee for membership to the community, and membership approval is a condition of purchase.
What the Fees Include
Per Gables Estates Club, Inc., the association fee covers 24-hour security, common-area landscaping, maintenance of common areas, and the administrator and handyman salaries.
Buyer Approval Process
Membership in Gables Estates Club, Inc. is a prerequisite to purchasing property. The Club publishes its membership application, procedures and disclosure summary on its own site, and its Board of Governors meets at least four times a year with an annual meeting each November, which is the practical constraint on how quickly an offer can close.
Rules Worth Knowing
Set by the Club's covenants, rules and architectural review board guidelines: exterior paint and major renovation require both City of Coral Gables and HOA approval; landscape changes require HOA approval; construction and landscaping are permitted Monday to Friday 7:00am to 6:00pm and Saturday 9:00am to 5:00pm; real estate signs are allowed on residential property within City code. Trash is collected Monday and Thursday, with bulk pickup on Thursday.
The Market
Gables Estates Market Snapshot
Figures below describe how Gables Estates has been trading recently. They are a starting point for a conversation, not a valuation of any one home.
| Typical asking price range | $27.5M to $172.5M asking in October 2026; the three sales in the prior twelve months closed at $24.25M to $26.2M |
|---|---|
| Recent sold range | $24.25M to $26.2M — three MLS sales in the twelve months to 23 Oct 2026 (the twelve months before that ran $10.5M to $50M) |
| Average price per square foot | $2,068 per sq ft median across the last twelve months' sales |
| Days on market | 102 days median for the sales closed in the last twelve months |
Last updated: October 23, 2026. Source: MIAMI REALTORS® MLS (Bridge Interactive) — active listings and closed sales, 12 months to 23 Oct 2026.
Schools and Commute
Schools and Getting Around
Public school assignments follow attendance boundaries and are confirmed by Miami-Dade County Public Schools for each address. Verify the assignment for a specific home before you rely on it.
Assigned Public Schools
MLS listings for this community report Sunset Elementary, Ponce de Leon Middle and Coral Gables High as the assigned public schools. Miami-Dade County Public Schools assigns by address, so confirm the assignment for the specific property.
Nearby Private Schools
Ransom Everglades School (Coconut Grove) — grades 6–12, independent, two campuses · ≈2.5 mi, ~8 min Carrollton School of the Sacred Heart (Coconut Grove) — Montessori-3 to grade 12, Catholic, girls · ≈2.3 mi, ~8 min Our Lady of Lourdes Academy (Miami) — grades 9–12, Catholic, girls · ≈1.2 mi, ~4 min Riviera Day School (Coral Gables) — PK3–5, independent · ≈1.5 mi, ~5 min Gulliver Academy (Coral Gables) — PK–8, independent · ≈1.3 mi, ~4 min St. Thomas Episcopal Parish School (Coral Gables) — PK3–5, Episcopal · ≈1.3 mi, ~4 min St. Stephen's Episcopal Day School (Coconut Grove) — PK–5, Episcopal · ≈2.8 mi, ~9 min Gulliver Preparatory School (Pinecrest) — grades 9–12 · ≈2.4 mi, ~8 min Saint Theresa Catholic School (Coral Gables) — PK–8 · ≈4.0 mi, ~13 min Immaculata-La Salle High School (Coconut Grove) — grades 9–12, Catholic · ≈4.7 mi, ~15 min Also close: Temple Beth Am Day School (Pinecrest, PK–5, Jewish) ≈5 min; The French-American School of Miami (Coral Gables, PK–5, French curriculum) ≈6 min; Saint Louis Covenant School (Pinecrest, PK–8, Catholic) ≈12 min; Saint Philip's Episcopal School (Coral Gables, PK3–5) ≈13 min. Further out, still considered by families here: Westminster Christian School (Palmetto Bay, PK–12) ≈16 min; Christopher Columbus High School (boys, grades 9–12, Catholic) ≈19 min; Palmer Trinity School (Palmetto Bay, grades 6–12, Episcopal) ≈23 min; Belen Jesuit Preparatory School (boys, grades 6–12, Catholic) ≈32 min. Distances are straight-line from the community and drive times are off-peak estimates; the school run will differ.
Typical Drive Times
Straight-line distances to these anchors are in the table above. Old Cutler Road carries you out to Le Jeune Road, the quickest line north to the Gables and the airport: off-peak, Matheson Hammock is three minutes away, Fairchild four, the University of Miami about seven, Merrick Park nine, Miracle Mile twelve to thirteen, and downtown Miami or Miami International Airport twenty to twenty-five. Peak hours add ten to fifteen minutes to the downtown and airport runs.
My Local Insight
What I tell buyers about Gables Estates
Gables Estates is the least liquid market I work in, and that is a feature rather than a flaw: three sales in twelve months, a median of 102 days to contract, and an approval process that runs for weeks before a closing can even be scheduled. If you are buying, start the Club membership work early, because it is a precondition of purchase rather than a formality after the inspection. If you are selling, the buyer pool is small, international and patient, and the property that closes is the one with the best water: canal width and dockage carry more weight here than interior finishes.
Dan Rascon · Coral Gables & Miami Beach
Questions Buyers Ask
Gables Estates: Frequently Asked Questions
Do you have to join Gables Estates Club to buy a home there?
Yes. Gables Estates Club, Inc. states on its own site that membership in the Club is a prerequisite to purchasing property. The Club publishes its membership application and procedures, and its Board of Governors reviews them. Buyers should start that process as early as the contract allows.
How many lots are in Gables Estates?
The association states 192 lots on more than 200 acres of Coral Gables shoreline, served by wide, deep-water, sea-walled canals. Because the community is effectively built out, nearly every purchase is a resale.
What do the HOA fees cover in Gables Estates?
The Club states the association fee covers 24-hour security, common-area landscaping and maintenance, and the administrator and handyman salaries. Recent MLS listings report $6,000 to $8,500 annually. Membership approval is separate from the annual fee.
Is Gables Estates bridge-free to Biscayne Bay?
Yes. Every recent MLS listing here is flagged waterfront with ocean access and no fixed bridges, and canal widths of 121 feet or more appear in the records. That is what makes the community work for large boats and why the deepwater canals carry the value here.
What is the price range in Gables Estates?
Five homes were listed in October 2026 from $27.5M to $172.5M. The three sales in the prior twelve months closed between $24.25M and $26.2M at a median of $2,068 per square foot, while the year before ranged from $10.5M to $50M. The spread follows land, water frontage and whether the house has been rebuilt.
What schools serve Gables Estates?
MLS listings for the community report Sunset Elementary, Ponce de Leon Middle and Coral Gables High. Miami-Dade County Public Schools assigns by address, so confirm the assignment for the specific house.
Can I renovate a home in Gables Estates?
Yes, with approvals. The Club requires HOA approval for landscape changes and for exterior paint and major renovations, which also need City of Coral Gables approval through its architectural review process. Work hours are Monday to Friday 7:00am to 6:00pm and Saturday 9:00am to 5:00pm.
Keep Looking
Nearby and Similar Communities
Comparable private communities in Coral Gables and Miami-Dade County, each with its own profile.
Looking for a home rather than a community guide?
Every active listing in Coral Gables — in these communities and elsewhere in the city — is on the Coral Gables page. Community profiles here do not list homes for sale.
Work With Dan
Buying or Selling in Gables Estates
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Written by Dan Rascon, Coral Gables and Miami Beach real estate agent. Last reviewed: October 23, 2026.
Sources: Gables Estates Club, Inc. — the community's governing association — for lot count, acreage, developer and date, membership requirement, fee inclusions, security and rules, from its site and published club documents; MIAMI REALTORS® MLS via Bridge Interactive for active listings, closed sales, association fees, lot and home sizes, waterfront and community features, and listed schools; Miami-Dade County Property Appraiser plat names; City of Coral Gables; Miami-Dade County Public Schools. Private-school names, grade ranges, affiliations and addresses verified against each school's own website and the City of Coral Gables school directory; distances measured from the community centre.