Coral Gables Homes for Sale under $5M

Laid out by George Merrick in the 1920s, Coral Gables was conceived as a complete city — Mediterranean Revival facades, banyan-shaded boulevards, the Biltmore and Miracle Mile. Design review and strict height limits keep new supply thin, the public schools sit near the top of the county, and most condo product clusters in the walkable core along Ponce de Leon.

Setting the ceiling at $5.0M turns Coral Gables into a value hunt — and the value tends to hide in specific corners: an older building whose fees undersell its address, a property type the market keeps overlooking, a block just off the prime grid. Known for the City Beautiful — Mediterranean architecture, top schools and Miracle Mile, Coral Gables always has an under-the-radar pocket, and this page keeps every listing beneath the cap in one place so none of it slips past you.