Nestled in the heart of Florida, Coral Gables stands out as a beacon of charm and elegance. Known for its rich history, lush landscapes, and vibrant community, Coral Gables offers a unique lifestyle that blends cultural heritage with modern luxuries. Whether you’re drawn by the stately architecture or the welcoming atmosphere, this city has something for everyone. 

This Coral Gables relocation guide is designed to provide valuable insights and practical tips for anyone considering making Coral Gables their new home. From navigating the neighborhoods to understanding the local lifestyle, we’ll explore what makes this area so special. 

If you’re wondering if it is worth moving to Coral Gables, FL, you’re about to find out why so many choose to call this beautiful city their home.

Why Choose Coral Gables?

Coral Gables is renowned for its Mediterranean Revival architecture, a design choice meticulously planned by the city’s founder, George Merrick, during the Florida land boom of the 1920s. This architectural style prominently features stucco exteriors, red tile roofs, arches, and wrought iron embellishments. 

Landmarks such as the iconic Biltmore Hotel and the Venetian Pool exemplify this unique style, contributing to the city’s aesthetic appeal and historical significance.

High Quality of Life

The quality of life in Coral Gables is one of its most compelling attributes. It ranks highly in safety, making it a preferred destination for families. The city fosters a tight-knit community with an array of activities ranging from cultural festivals at the Coral Gables Museum to performances at the Actors’ Playhouse at the Miracle Theater. 

Additionally, the lush landscapes and well-maintained public spaces, such as Matheson Hammock Park, offer residents a serene environment​​.

Vibrant Economy and Job Opportunities

Coral Gables hosts a dynamic economic environment, and the University of Miami serves as a major employer and a hub for education and research. Beyond academia, the city’s economy is supported by sectors like tourism, retail, and professional services. 

Miracle Mile, the city’s downtown area, is a bustling commercial hub featuring local and international businesses, offering ample employment opportunities. This economic vibrancy makes Coral Gables an attractive place for professionals and business entrepreneurs alike.

Best Neighborhoods in Coral Gables

Coral Gables is renowned for its beautiful residential areas that offer a variety of lifestyles, from tranquil waterfront retreats to vibrant community hubs. Below are some of the best neighborhoods in Coral Gables, focusing on their unique atmosphere, amenities, and types of housing available.


One of the premier gated communities in Coral Gables, Cocoplum offers an opulent lifestyle with a variety of luxurious Tuscan-inspired villas and modern estates. Residents enjoy access to the following: 

  • Private marina

  • Yacht club

  • State-of-the-art fitness center

  • Tennis courts

  • Community pool

The neighborhood emphasizes privacy and exclusivity, making it a coveted location for affluent residents interested in living in Coral Gables​​.

Hammock Oaks

Hammock Oaks is an exclusive neighborhood known for its serene setting and custom-built homes. Many residences here boast lakefront views with private docks, offering direct access to the water. This neighborhood merges privacy with accessibility, being just minutes away from dynamic areas like Downtown Miami and Coconut Grove. This location is ideal for those who enjoy a tranquil home environment close to urban conveniences.

Sunrise Harbour

This smaller, highly desirable community is known for its spectacular waterfront homes that offer stunning views of Biscayne Bay and the Coral Gables Waterway. Most homes here maintain a Mediterranean style, aligning with the architectural theme of Coral Gables, and feature large yards and spacious floor plans. The gated community enhances privacy and security, making it an attractive choice for those seeking an exclusive waterfront lifestyle​​.

Living Costs in Coral Gables

The housing market in Coral Gables is characterized by high-value properties. According to, the median home price in the area is approximately $1,602,500, with a median price per square foot of $828. For those interested in renting, the average monthly rent for a two-bedroom home is around $2,954, which is significantly higher than the national average.

Cost of Living Compared to National and State Averages

Living in Coral Gables is notably more expensive than in many other parts of Florida and the US. Specifically, it is 15.4% higher, reflecting the upscale and affluent nature of the city. The median household income in Coral Gables is also considerably higher than the state average, at $118,203, supporting the higher cost of living in the city​​.

Budgeting and Financial Planning Tips

For potential movers, it’s important to align housing costs with income to maintain financial comfort. A commonly used guideline is the 28% rule, which suggests that your monthly housing costs (rent or mortgage payments, including property taxes and insurance) should not exceed 28% of your gross income. 

Additionally, applying the 50-30-20 budgeting rule can help manage expenses effectively: 50% of your net income should go toward needs, 30% toward wants, and 20% toward savings and investments. Planning with these rules can help ensure that living in Coral Gables is both enjoyable and financially sustainable​​.

Lifestyle and Amenities in Coral Gables

Coral Gables is a hub of rich cultural and recreational activities that cater to all ages and interests. The city is home to the iconic Venetian Pool, a historic public swimming pool with waterfalls and grottos, offering a unique aquatic experience. 

The Coral Gables Museum and the Lowe Art Museum enrich the community with a variety of exhibitions and educational programs, showcasing both local history and international art. Additionally, the Fairchild Tropical Botanic Garden provides an expansive green space with vast collections of rare tropical plants and hosts various environmental educational programs​​.

Dining and Shopping Options

For those interested in living in Coral Gables, the dining and shopping opportunities are abundant and varied. Miracle Mile is the heart of Coral Gables’ shopping and dining scene, featuring a range of boutiques, cafes, and restaurants. It’s a place where one can find everything from high-end retailers to unique independent shops. 

Dining options include award-winning restaurants such as Caffe Abbracci and Talavera Cocina Mexicana, which offer exquisite Italian and Mexican cuisines, respectively. For an outdoor shopping experience, the Shops at Merrick Park provide a luxurious atmosphere with upscale brands and al fresco dining options​.

Education and Healthcare in Coral Gables

Living in Coral Gables offers access to a wide range of educational opportunities, from public schools to higher education. The Miami-Dade County Public Schools serve Coral Gables, with several high-performing institutions noted for their strong graduation rates and comprehensive academic programs. Notable among them is Coral Gables High School, which features specialized academies focused on STEM subjects​​.

Higher education is prominently represented by the University of Miami, located right in Coral Gables. This prestigious university offers extensive programs across various fields, including marine science, medicine, business, law, and the arts, making it a cornerstone of higher education in the area​​.

Healthcare Facilities

The healthcare landscape in Coral Gables is anchored by the University of Miami Health System (UHealth), which provides cutting-edge patient care supported by significant medical research and education. 

Facilities under UHealth include: 

  • Leonard M. Miller School of Medicine

  • Sylvester Comprehensive Cancer Center

  • Bascom Palmer Eye Institute

This network not only offers comprehensive healthcare services but also participates in medical advancements through clinical trials and research​​.

Why Choose Coral Gables for Your New Home?

Living in Coral Gables offers a blend of luxurious lifestyle, rich history, and vibrant community life, making it an ideal place for anyone considering a move. From the top-tier educational institutions and world-class healthcare facilities to the lush green spaces and abundant cultural attractions, Coral Gables provides an unmatched living experience. 

Whether you’re drawn by the stunning architecture or the high quality of life, this city has something to offer everyone. If you’re looking for a smooth transition to this wonderful city, Ciao Moving & Storage is here to help. Trust us to make your Coral Gables relocation a reality with ease and confidence.