Coral Gables Waterfront Homes For Sale

Coral Gables Waterfront Homes For Sale

332 Costanera Rd, Coral Gables
$12,500,000
5 Beds ⋅ 6 Baths ⋅ A12109645 MLS ⋅ Cocoplum Sec 2 Plat C BLDG.
Elegant French-style waterfront estate in the prestigious, guard-gated Islands of Cocoplum. A circular paver drive welcomes you to this gracious residence with flat tile roof, impact windows and doors, and beautiful high cove ceilings. The main level features a formal living room with fireplace, wood-paneled executive office with built-ins, formal dining room, powder bath, and kitchen updated in 2022 with all-new Miele appliances. Laundry area includes full staff quarters, double washer/dryer, and dog wash. Additional features: elevator, two-car garage with porcelain floors, and abundant storage. Upstairs are four bedrooms and three baths, including spacious primary and junior suites. A large downstairs recreation area offers another bath and flexible space/rooms. Outdoor living shines with a summer kitchen, full cabana bath, terrace, pergola, and 70-foot dock along approximately 100 feet of water on the desirable Casuarina/Gables Estates waterway. Cocoplum amenities include guarded entry, roaming security, security apps, clubhouse, full gym, seven lighted Har-Tru tennis courts, two pickleball courts, beach volleyball, basketball, playground, heated lap pool, hot tub, and entertaining areas. Amenity upgrades and expansion are underway. Enjoy Cocoplum’s privacy and security near top schools, leading hospitals, airports, and Miami’s finest shopping, dining, and cultural destinations.

332 Costanera Rd, Coral Gables

8901 Arvida Ln, Coral Gables
$148,000,000
6 Beds ⋅ 12 Baths ⋅ A12097051 MLS ⋅ Gables Estates No 3 BLDG.
Tucked away at the end of the lagoon in guard-gated Gables Estates, this 2.38-acre retreat unfolds before the water, offering space, silence, and one of the longest views in Coral Gables. The property offers 245 ft of deep-water frontage with sweeping, wide-open water views from the head of the lagoon. Over 600 species of palms, trees, and plants. +/- 90 ft dock with no bridges to Biscayne Bay. Designed by famed architect Rafael Portuondo: 14,000+ SF of living space, 6 bedrooms, 9 full and 3 half baths, Groin-vaulted arches, 25-ft ceilings, marble and wood floors, Finestra impact windows and doors, 11-ft elevation, elevator, 8-zone A/C, and Lutron lighting. Main level: double-height living room with coffered ceiling, dining room with temperature-controlled wine room, Wolf and Sub-Zero kitchen, family room with exposed-beam vaulted ceiling and full bar, home theater, billiard room, two offices, chapel with custom woodwork and stained glass, and staff quarters with laundry. Upstairs primary suite with sitting area, balcony, wet bar, his and hers walk-in closets, and gorgeous onyx spa-bath. Outdoors: mosaic-tiled pool, marble deck, covered terraces, summer kitchen, and detached waterfront gym with bath and second-floor sun deck and hot tub. Guest villa with living room, dining room, kitchen, and en-suite bedroom, connected by covered loggia to the main estate. Four-car air-conditioned garage.

8901 Arvida Ln, Coral Gables

60 Edgewater Dr Unit #11F, Coral Gables
$4,195,000
3 Beds ⋅ 4 Baths ⋅ A12095622 MLS ⋅ The Gables Club Condo BLDG.
Incomparable turn-key Gables Club residence unfolds over 3,100+SF of fabulously appointed, glamorous interiors with breathtaking Bay vistas. Glass walls invite ethereal natural light. Two linear sky terraces (social & private) encompass all principal rooms. This simply stunning, fully furnished 11th floor waterfront aerie has it ALL: cachet, sophistication, resort-style amenities & Coral Gables' most envied address. Dedicated elevator opens directly into foyer. Elegant neutral palette unifies contemporary appointments & showcases modern art. Sexy decorator details, craftsman finishes, wine wall, statement fixtures & plank floors further elevate the residence. The expansive open plan - accented by striking, backlit walls - seamlessly connects the kitchen, living & dining rooms; a lavish wet bar enhances the space. A distinctive alabaster backsplash, Sub-Zero fridge & top-tier appliances distinguish the designer eat-in kitchen. Sanctuary-style primary suite enjoys sweeping southerly views. Additional en suite bedrooms feature walk-ins & infinite views. Laundry room offers added storage. Five-star amenities include 24-hour concierge, 3-tiered security, valet, restaurant, clubhouse, spa & salon, fitness center, heated pools, tennis courts. Experience the apex of effortless, ultra-luxurious SoFla living at Gables Club! Quality of Life: Walk to nearby parks, bike to Fairchild & Matheson Hammock; 5 minutes to Grove & South Miami; 20 minutes to Brickell & Miami International Airport

60 Edgewater Dr Unit #11F, Coral Gables

13627 Deering Bay Dr Unit #404, Coral Gables
$13,000
4 Beds ⋅ 3 Baths ⋅ A12089261 MLS ⋅ Verona At Deering Bay Con BLDG.
AVAILABLE NOW. VIRTUALLY STAGED. A rare opportunity in Deering Bay's most sought after building: Verona at Deering Bay. Step off your private elevator foyer and into this exceptional four-bedroom en suite corner residence overlooking the sparkling waters of Biscayne bay is currently the only home available for purchase in the building. Marble floors throughout and wrap around terraces offer a beautiful everything you're looking for. Offering scale & functionality of a private home with the best amenities of luxury condominium living; Featuring a generous layout and large windows that open up to a stunning wrap around balcony. 4 parking spaces, including one dedicated golf-cart parking, provides a level of convenience rarely available. Set within one of Coral Gables’ most distinctive private waterfront communities, Deering Bay offers an exceptional country-club lifestyle. From 18 Hole Arnold Palmer golf course, 3 deep-water marinas, 8 tennis and 3 pickleball courts, fitness facilities, swimming, dining, and beautifully landscaped surroundings. Located just off historic Old Cutler Road, Deering Bay is the only gated golf community in Coral Gables. The community provides privacy, security, and convenient access to the top schools as well as the excitement of Coral Gables, Coconut Grove. A true private-club community that combines the ultimate lifestyle: waterfront living, championship golf, boating and security in one of Coral Gables most established addresses.

13627 Deering Bay Dr Unit #404, Coral Gables

90 Edgewater Dr Unit #PH11, Coral Gables
$499,000
1 Beds ⋅ 2 Baths ⋅ A12074208 MLS ⋅ Gables Waterway Towers BLDG.
Welcome to the coveted Gables Waterway Towers, where Coral Gables meets Coconut Grove and views from the Penthouse level are radiant. PH11 is completely and beautifully renovated in neutral tones, ready to please all who enter. The next lucky owner will enjoy slate-themed porcelain flooring, 9.5-foot ceilings, a wonderfully white kitchen with hardwood cabinetry, granite counters, stainless steel appliances, and eat-in snack court, a huge master suite with mosaic-tile accented primary bath and great closet space, a metro-style powder room, and the most fabulous living & dining space with floor to ceiling impact glass doors overlooking the scenic Coral Gables Waterway with sunset and marina views that define the ‘golden hour.’ Residents appreciate the discerning amenities of responsible on-site management, 24/7 concierge service, valet, security, a fully outfitted fitness room, fabulous club and game room with kitchen, heated pool, and marina (boat slips available to lease or purchase when available). Common areas including hallways, lobby, mailroom, and reception desk have been superbly renovated too! GWT is perfectly located in a charming residential neighborhood withing walking distance to Coconut Grove, and only a few minutes’ drive to the University of Miami, Mary Brickell Village, downtown Coral Gables, and South Miami. Don’t miss this offering; it’s the best!

90 Edgewater Dr Unit #PH11, Coral Gables

13627 Deering Bay Dr Unit #404, Coral Gables
$1,899,000
4 Beds ⋅ 4 Baths ⋅ A12057866 MLS ⋅ Verona BLDG.
A rare opportunity in Deering Bay's most sought after building: Verona at Deering Bay. Step off your private elevator foyer and into this exceptional four-bedroom en suite corner residence overlooking the sparkling waters of Biscayne bay is currently the only home available for purchase in the building. Marble floors throughout and wrap around terraces offer a beautiful everything you're looking for. Offering scale & functionality of a private home with the best amenities of luxury condominium living; Featuring a generous layout and large windows that open up to a stunning wrap around balcony. 4 parking spaces, including dedicated golf-cart parking, provides a level of convenience rarely available. Set within one of Coral Gables’ most distinctive private waterfront communities, Deering Bay offers an exceptional country-club lifestyle. From 18 Hole Arnold Palmer golf course, 3 deep-water marinas, 8 tennis and 3 pickleball courts, fitness facilities, swimming, dining, and beautifully landscaped surroundings. Located just off historic Old Cutler Road, Deering Bay is the only gated golf community in Coral Gables. The community provides privacy, security, and convenient access to the top schools as well as the excitement of Coral Gables, Coconut Grove. A true private-club community that combines the ultimate lifestyle: waterfront living, championship golf, boating and security in one of Coral Gables most established addresses.

13627 Deering Bay Dr Unit #404, Coral Gables

277 Marinero Ct, Coral Gables
$13,500,000
6 Beds ⋅ 8 Baths ⋅ A12050473 MLS ⋅ Cocoplum Sec 2 Plat D BLDG.
Waterfront luxury living in situated in one of South Florida most desired, exclusive, gated community of Cocoplum, recognized as one of the most secure communities in the country. Conveniently close to the best South Florida schools and shopping areas. Beautiful Mediterranean-style unique home with multiple balconies, water views, and lavish landscaping around the property. Enjoy of marvelous water view as soon as you open the solid wood high arched door and walk into an elegant Foyer with marble/wood floors, leading to gorgeous living area w/magnificent pool and water views. Large office.22,725sf of elegant floorplan & finishes with lush landscaping all around. Chef's kitchen. Stunning patio/pool area w/canal views, delightful barbecue area/Summer kitchen and convenient pool shower-bathroom. Your own basketball court. Enjoy the ease of direct and very close ocean access w/no bridges. Elevator, Maids-in-quarter, Media/entertainment center, master suite w/H&H walk-ins, chimney & private terrace overlooking canal pool area Enjoy maximum privacy on this incredible lot with approximate 120' of water frontage and a large T-shape dock with boat-lift. The elegant community offers paddle ball courts, children parks/playground, clubhouse, tennis center, gym, olympic pool, yacht club, beach volleyball, basketball court, sports field. World class amenities that make Islands of Cocoplum the ultimate, water front estate resort-style community.

277 Marinero Ct, Coral Gables

60 Edgewater Dr Unit #TS-D, Coral Gables
$12,750,000
4 Beds ⋅ 8 Baths ⋅ A12032083 MLS ⋅ The Gables Condo BLDG.
Rarely available two-story penthouse in Tower II at The Gables Club, one of Coral Gables' most exclusive waterfront communities. Recently completed top-to-bottom renovation with all-new electrical, plumbing, HVAC, and premium finishes throughout, offering a truly turnkey living experience. This residence features 3 bedrooms, 4 full baths, 2 half baths, private elevator access to both levels, and breathtaking panoramic views of Biscayne Bay, the marina, and the Miami skyline. Thoughtfully curated interiors showcase white oak flooring, custom millwork, Venetian plaster finishes, architectural wall paneling, and floor-to-ceiling impact glass opening to expansive terraces. The chef's kitchen features a marble waterfall island, custom cabinetry, Sub-Zero, Wolf, and Miele appliances, and a walk-in pantry. Entertain with ease in the formal living and dining rooms, a private family room, hidden wet bar with wine refrigeration, and a dedicated home theater. The primary suite occupies the main level and includes a sitting area, private gym, dual spa-inspired bathrooms, and custom walk-in closets. Upstairs offers two en-suite guest bedrooms, a second full kitchen, family room, and an extraordinary terrace featuring lounge areas, a fire pit, and a summer kitchen. Additional features include Lutron lighting, Sonos audio, four assigned parking spaces, a private garage, EV charging, storage, and a separate 1-bedroom, 1.5-bath guest suite. Residents enjoy concierge services, a marina, tennis courts, a restaurant, spa, fitness facilities, heated pools, and 24-hour security.

60 Edgewater Dr Unit #TS-D, Coral Gables

6944 Sunrise Ter, Coral Gables
$11,399,000
3 Beds ⋅ 4 Baths ⋅ A12035965 MLS ⋅ Sunrise Harbour Rev Pl BLDG.
Where Coconut Grove meets the Gables, within the guard-gated waterfront enclave of Sunrise Harbour, this beautifully renovated residence offers the best opportunity inside the luxury yachting community. Situated on a 14K SF lot with 100FT of waterfront along the Gables Waterway, the home enjoys expansive lagoon and panoramic views of the gables waterway. A concrete dock on a deep canal with direct bay access without bridges makes this an exceptional opportunity. Spanning 4,200 SF, the designer finished residence features 3 bedrooms en-suite, & has been completely updated with immaculate details & full smart-home system. The heart of the home is the show stopping onyx backlit bar inspired by Baccarat and the designer kitchen featuring custom lacquer cabinetry by Scavolini & an epicurean appliance suite by Wolf, Sub-Zero, and Miele—perfectly suited for both everyday living and entertaining. Spacious living areas capture beautiful water views that seamlessly connect to the outdoor waterfront. For generations, Sunrise Harbour has remained one of the most sought-after waterfront communities, offering its discerning residents 24HR guard-gated security, deep-water dockage, & an unrivaled location, where you can walk to Cocowalk, Coral Gables, top private schools, and premier dining destinations. Whether enjoyed today as a turnkey waterfront residence or reimagined for the future, this is a rare opportunity to own in one of Coral Gables premier residential waterfront communities.

6944 Sunrise Ter, Coral Gables

750 Lugo Ave, Coral Gables
$14,850,000
5 Beds ⋅ 5 Baths ⋅ A12029654 MLS ⋅ Coral Bay Sec B BLDG.
Casa Dos Aguas - Rarely available, this extraordinary waterfront residence offers one of South Florida’s most coveted settings on a private peninsula within the exclusive, gated Gables by the Sea community in Coral Gables. It offers breathtaking open water views of Biscayne Bay to both the north and south, with a stunning downtown Miami skyline backdrop. Designed in the spirit of mid-century modern architecture, living areas are elevated on the second floor and additional bedrooms on the third - maximizing the spectacular panoramic bay views enjoyed from virtually every room. A three-story elevator provides effortless access throughout. Boasting 100 linear feet of deep-water frontage with no fixed bridges to Biscayne Bay, the property is a true yachtsman’s dream, capable of accommodating a large yacht with direct, unobstructed access to open water. The roof was redone in 2013 and has all-impact windows and doors. Designed for the South Florida lifestyle, the home features generous balconies to savor the constant bay breeze and sweeping water vistas, while the ground floor offers an expansive covered entertainment area perfect for hosting. The resort-style pool includes an in-pool spa and is heated for year-round enjoyment. Located just three properties in from the bay within one of Coral Gables’ most prestigious gated enclaves, this is a rare opportunity to own a true waterfront trophy property.

750 Lugo Ave, Coral Gables

132 Paloma Dr, Coral Gables
$16,500,000
5 Beds ⋅ 6 Baths ⋅ A12023424 MLS ⋅ Cocoplum Sec 2 Plat F BLDG.
Situated within the exclusive guard-gated Cocoplum community, this striking waterfront contemporary estate by Choeff Levy Architecture offers 7,914 total SF on a 17,730 SF lot with approximately 100 feet of deep-water canal frontage and direct bay access. The 5-bedroom, 6-bath residence is defined by soaring double-height spaces, floor-to-ceiling impact glass, Venetian plaster walls, custom millwork, limestone floors, and seamless indoor-outdoor living. A dramatic floating entry over reflecting pools with sheer descent waterfalls leads to expansive social areas that open completely to the resort-style backyard through retractable glass walls. The chef's kitchen features an oversized porcelain island, custom cabinetry, and premium Gaggenau, Miele, and Sub-Zero appliances. The luxurious primary suite offers a private balcony, spa-inspired bath with freestanding soaking tub, oversized closets, and Sub-Zero refrigerator drawer. Additional highlights include a finished basement with office, gym, lounge, and home theater; elevator; Control4 smart home automation; Sonos audio throughout; whole-house generator with buried propane tank; and reverse osmosis water filtration. Outdoor amenities include a heated black-bottom edgeless pool with integrated spa, FireMagic summer kitchen, covered dining terraces, lush tropical landscaping, and a dock accommodating vessels up to 70 feet. Recent 2024–2025 updates include refreshed landscaping, redesigned pool deck, and updated guest suite.

132 Paloma Dr, Coral Gables

60 Edgewater Dr Unit #TS-A, Coral Gables
$8,900,000
5 Beds ⋅ 8 Baths ⋅ A11994710 MLS ⋅ The Gables Club BLDG.
Rare two-story Tower Suite penthouse at The Gables Club offering breathtaking panoramic views of Biscayne Bay & the Miami skyline. Featuring 5 beds, 6.5 baths, & over 10,190 SF of interior space plus 2,600+ SF of expansive terraces, this exceptional residence showcases a private elevator entry, dramatic 30-foot ceilings, formal dining room, gourmet kitchen with butler’s pantry & secondary kitchen, as well as a loft-style entertainment level complete with bars, media room, and two private offices. The primary suite is a private retreat featuring dual bathrooms & oversized walk-in closets, complemented by five additional en-suite bedrooms. Finishes include limestone flooring, Venetian plaster walls, custom built-ins, and striking Chihuly-style ceiling artwork. A Crestron smart home system, surround sound, & impact windows provide modern comfort & security. Multiple terraces, including one with a built-in BBQ, offer seamless indoor-outdoor living. This offering includes three assigned parking spaces, one of which is located in a private air-conditioned garage, additional storage, & an approximately 70-foot boat slip. Residents of The Gables Club enjoy an exclusive, resort-style lifestyle with access to a private marina, multiple swimming pools and spa areas, state-of-the-art fitness centers, lighted clay tennis courts, a waterfront clubhouse with dining & social spaces, 24/7 concierge, valet, & gated security, all within one of Coral Gables’ most prestigious waterfront community.

60 Edgewater Dr Unit #TS-A, Coral Gables

1265 S Alhambra Cir Unit #B, Coral Gables
$2,595,000
2 Beds ⋅ 3 Baths ⋅ A11973154 MLS ⋅ South Brick Condo BLDG.
First time ever offered. A unique waterfront offering in Coral Gables now presented as 2 separate condominium residences. Unit B, upstairs residence, enjoys elevated perspectives of the waterway & natural light from walls of windows capturing serene views throughout the home. A bright sunroom provides the perfect place to relax while overlooking the water. This residence includes 40 FT of dockage (half of the property’s 80 FT boat dock) accessed via a private side stairwell shared by both units. The spacious floor plan includes an ample living room, separate dining room, & large eat-in kitchen w/granite counters, stainless appliances & counter seating that opens to the family room creating inviting living & entertaining spaces. Neutral finishes & updates provide a move-in ready environment. The residence features 2 large bedroom suites w/2 private baths plus a powder room, porcelain tile floors throughout, plantation shutters & generous closet space. Additional highlights: an indoor laundry room w/full-size washer/dryer & space for an additional refrigerator/freezer, an exterior walk-in storage closet, & three exterior parking spaces. A charming walled courtyard entry welcomes you to this meticulously maintained property owned by one family. New roof March 2025. Unit B is offered at $2,595,000 & includes 40 FT of dockage. Unit A (MLS #A11973153) is also available for $2,795,000. Both units are sold together (Total Purchase Price: $5,390,000) creating an exceptional waterfront compound w/ 80 FT of dockage.

1265 S Alhambra Cir Unit #B, Coral Gables

550 Marquesa Dr, Coral Gables
$30,000,000
6 Beds ⋅ 9 Baths ⋅ A11967109 MLS ⋅ Old Cutler Bay Sec 4-A BLDG.
Elegant Coastal Mediterranean-inspired waterfront estate within the exclusive, guard-gated enclave of Old Cutler Bay in Coral Gables. Set on a 20,300 SF lot with 140 ft on a wide canal and direct, bridge-free access to Biscayne Bay, this 11,589 total SF, 6-bedroom, 7-full and 2-half bath residence is designed to feel open, airy, and truly expansive. Multiple oversized covered terraces and upper-level balconies span the façade, creating various outdoor living and dining areas ideal for grand-scale entertaining or intimate gatherings. Framed by manicured grounds, coral stone accents, and a gracious entry with koi pond, the home seamlessly blurs the line between indoors and out. The resort-caliber exterior showcases an infinity-edge saltwater pool with Baja ledge and fountain bubblers, a coral stone deck, and a fully equipped summer kitchen. An 80-foot private dock further enhances the waterfront lifestyle. Inside, a dramatic entry with soaring vertical scale and exposed beams introduces light-filled interiors finished with limestone and wood floors, custom millwork, illuminated wine cellar, elevator, and integrated smart home technology. The bespoke chef’s kitchen features custom cabinetry, a striking Blue Agate island, and premium Wolf and Sub-Zero appliances. The tranquil primary suite offers vaulted shiplap ceilings, private canal-view terraces, a spa-inspired marble bath, and couture-style dressing room—an exceptional blend of scale, comfort, and timeless waterfront luxury.

550 Marquesa Dr, Coral Gables

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Coral Gables Waterfront Homes for Sale — Bayfront, Intracoastal & Canal-Front Estates

Top Real Estate Agent in Doral & Miami · Exclusive Member of Forbes Global Properties · Founding Member of Luxury Portfolio International

The Coral Gables corridor concentrates one of Miami-Dade County's most diverse and consistently competitive waterfront real estate markets. The corridor's waterfront inventory spans Biscayne Bay bayfront estates in Coconut Grove Cleveland Park and Sunrise Harbour, canal-front and lagoon-front trophy tier in Pinecrest Old Cutler Bay, historic river-view and canal-view mediterranean estates in Coral Gables Riviera, direct-ocean-view ultra-luxury inventory, and adjacent intracoastal-view addresses. Trophy waterfront closings 2026 reached $22,500,000 on Kiaora Street (Cleveland Park) and $16,350,000 on Sunrise Court (Sunrise Harbour). Elizabeth Costa, a licensed Realtor with The Keyes Company and Exclusive Member of Forbes Global Properties, represents waterfront buyers and sellers across the full corridor. Current live inventory of Coral Gables waterfront homes and Pinecrest waterfront homes refreshes daily from Miami-Dade MLS.

The Coral Gables Corridor Waterfront Market at a Glance

Corridor waterfront inventory operates on premium market dynamics relative to interior estates. Waterfront-tagged transactions in the corridor consistently trade at a 20 to 35 percent premium versus comparable interior estates of the same square footage, lot size, and finish level, and the premium expands materially at the trophy tier where bayfront frontage becomes irreplaceable inventory. Recent 90-day corridor aggregate median sale price sits at $2,236,111 (single-family across four ZIPs), and waterfront-tagged single-family closings trend closer to $3M to $8M for standard waterfront tier and $10M to $22.5M+ for trophy bayfront tier.

Cash share on corridor waterfront transactions is meaningfully higher than corridor aggregate. Standard waterfront ($3M to $8M) trades approximately 55 to 65 percent cash. Trophy waterfront ($10M+) closes almost exclusively cash, reflecting international buyer flow, ultra-high-net-worth relocators, and portfolio investors targeting Biscayne Bay bayfront as trophy inventory. Days on market for waterfront inventory in Coral Gables Riviera (33146) accelerated to 10 days median in August 2026, the fastest in all of Miami-Dade.

For the full monthly market snapshot, see Coral Gables Area Market Report August 2026. For waterfront luxury guide, see Waterfront Luxury Homes Miami-Doral Guide.

Corridor Waterfront by Water Type

Biscayne Bay Frontage - Coconut Grove Cleveland Park and Sunrise Harbour

Coconut Grove Cleveland Park and Sunrise Harbour concentrate the corridor's flagship Biscayne Bay bayfront estates, with 2026 trophy closings at $22,500,000 on Kiaora Street (Cleveland Park) and $16,350,000 on Sunrise Court (Sunrise Harbour). Bayfront estates in these enclaves feature Biscayne Bay open-water frontage, private dock potential, mature canopy landscaping, and mediterranean or contemporary architecture. Standard Cleveland Park bayfront estates trade between $5M and $22.5M+ depending on lot size, bay frontage extent, and architectural pedigree. Sunrise Harbour bayfront estates trade between $4M and $16.35M+. Live bay-view inventory at Coral Gables bay-view homes.

Direct Ocean Frontage - Ultra-Luxury Tier

Direct-ocean-view corridor inventory represents the ultra-luxury tier of Coral Gables area waterfront, with unobstructed ocean sightlines and typically the highest per-square-foot pricing in the corridor. Direct-ocean-view estates concentrate along select adjacent addresses with open-ocean orientation. Live inventory at Coral Gables direct-ocean-view homes and Coral Gables ocean-view homes.

Intracoastal Frontage

Intracoastal-view corridor inventory represents mid-luxury to ultra-luxury waterfront positioning, with protected water frontage and dock potential. Live inventory at Coral Gables intracoastal-view homes.

Canal Frontage - Pinecrest Old Cutler Bay Trophy Tier

Pinecrest Old Cutler Bay concentrates the corridor's flagship canal-front trophy tier, with 2026 closings at $20,500,000 on Balada Street (Old Cutler Bay Section 2) and $17,500,000 on Old Cutler Road (Pinecrest Unplatted). Canal-front estates feature private dock potential connecting to Biscayne Bay via canal system, landscape lots frequently exceeding one acre, and mature canopy. Live canal-front inventory at Coral Gables canal-view homes and Pinecrest canal-view homes.

River-View Frontage - Coral Gables Riviera Character

Coral Gables Riviera concentrates river-view single-family inventory with distinct historic mediterranean architecture and rapid August 2026 sales dynamics (10-day median DOM, fastest in Miami-Dade). Live inventory at Coral Gables river-view homes.

Lakefront and Lagoon Frontage

Lakefront and lagoon-front corridor inventory operates at mid-luxury to luxury tier, with typically calmer water frontage relative to bay or canal frontage. Common in Coral Gables Riviera adjacent addresses and Pinecrest interior blocks. Live inventory at Coral Gables lakefront homes, Coral Gables lagoon-view homes, Pinecrest lakefront homes, and Pinecrest lagoon-view homes.

Other Waterfront and General Water-View

Additional corridor waterfront inventory across other water frontage types is available at Coral Gables other-water-view homes and general Coral Gables water-view homes.

Corridor Waterfront Submarkets

Coconut Grove - Cleveland Park and Sunrise Harbour

Coconut Grove is Miami-Dade's oldest continuously inhabited neighborhood, positioned along Biscayne Bay south of Coral Gables. Cleveland Park and Sunrise Harbour represent the community's flagship bayfront trophy tier. Cleveland Park estates concentrate the largest single-family lots with Biscayne Bay direct frontage, mature canopy, and historic mediterranean or contemporary architecture. Sunrise Harbour offers a mix of bayfront estates and adjacent canal-front inventory. Both enclaves attract international ultra-luxury buyers and Miami-Dade portfolio investors. Recent 90-day Coconut Grove median sale price at $2.6625M with 1.9 MOI (Strong Seller). For Coconut Grove versus Coral Gables comparison, see Coconut Grove vs Coral Gables 2026.

Pinecrest - Old Cutler Bay and Adjacent Trophy Enclaves

Pinecrest Old Cutler Bay concentrates the corridor's largest canal-front and lagoon-front trophy estates, with 2026 closings at $20.5M and $17.5M. Old Cutler Bay Section 2 features protected canal frontage connecting to Biscayne Bay via canal system, landscape lots frequently exceeding one acre, and mature tree canopy. Adjacent Pinecrest Unplatted trophy addresses represent similarly premium waterfront positioning. Recent 90-day Pinecrest median sale price at $2.85M with 2.5 MOI. For Pinecrest versus Coconut Grove comparison, see Pinecrest vs Coconut Grove 2026.

Coral Gables Riviera - River-View and Waterfront Historic Blocks

Coral Gables Riviera (33146) concentrates single-family estates with river-view and adjacent waterfront positioning, extending toward the Coconut Grove border. The submarket showed the fastest median days on market in all of Miami-Dade in August 2026 (10 days), reflecting acute buyer demand. Recent 90-day median sale price at $2.08M with 4.2 MOI (Balanced). Riviera includes some of the corridor's most consistently competitive waterfront blocks with distinct mediterranean historic architecture.

Coral Gables Core - Historic Character with Selective Waterfront

Coral Gables Core (33134) concentrates historic mediterranean single-family estates on protected architectural blocks, with limited direct waterfront inventory relative to Riviera and Coconut Grove. Selective waterfront blocks exist within the Core, typically canal-view or lake-view addresses. Buyers valuing mediterranean historic character over dedicated waterfront may prioritize Coral Gables Core general inventory at Coral Gables homes for sale.

Waterfront Cash Buyer Dynamics and Financing Considerations

Cash share on corridor waterfront transactions increases materially by tier. Standard waterfront ($3M to $8M) trades 55 to 65 percent cash. Ultra-luxury waterfront ($8M to $15M) shows cash share above 75 percent. Trophy bayfront ($15M+) closes almost exclusively cash. This reflects the concentration of international buyers (Argentine, Venezuelan, Colombian, Brazilian, European), ultra-high-net-worth relocators, and portfolio investors targeting Miami-Dade waterfront as inventory diversification.

For financed buyers targeting corridor waterfront above $3M, offer package structure must be cash-competitive: full underwriting pre-approval, shortened inspection and financing contingency windows (5 to 10 days versus standard 15), earnest money deposits at 5 to 10 percent of purchase price, and appraisal gap coverage language of $200,000 to $1,000,000 depending on tier. Waterfront-specific financing considerations include flood insurance requirements determined by FEMA flood zone designation (varies by address elevation and community), dock-eligibility verification (private dock construction subject to Miami-Dade County Department of Environmental Resources Management approval), and specialty insurance coverage for coastal properties.

Forbes Global Properties Network for Ultra-Luxury Waterfront

At the ultra-luxury waterfront tier ($10M+), buyer pools shift decisively to invitation-only luxury networks. Trophy Coral Gables area waterfront 2026 closings including $22.5M Cleveland Park, $20.5M Old Cutler Bay, $17.5M Old Cutler Road, and $16.35M Sunrise Harbour demonstrate the tier at which network representation becomes decisive for sellers.

Elizabeth Costa's Keyes Company holds documented membership in the two most authoritative US luxury real estate distribution networks:

  • Exclusive Member of Forbes Global Properties — 140 million global Forbes brand audience, 69+ countries, curated luxury distribution
  • Founding Member of Luxury Portfolio International — 70+ countries, average viewer liquid assets of $10.3M+

For trophy waterfront sellers, Forbes GP and LPI network access provides distribution infrastructure that competing brokerages without documented membership cannot match. Full luxury tier coverage at Coral Gables Luxury Homes.

How Coral Gables Corridor Waterfront Compares to Doral Waterfront

Buyers weighing Coral Gables corridor waterfront against alternative Miami-Dade waterfront corridors will find substantially higher price entry (Coral Gables corridor waterfront entry at $3M vs Doral waterfront entry at $1M) and dramatically higher trophy tier (Coral Gables corridor waterfront trophy closings at $16M to $22.5M vs Doral waterfront trophy closings at $2M to $3.65M). Coral Gables corridor also offers exceptional waterfront diversity (Bay, Direct Ocean, Intracoastal, Canal, River, Lake, Lagoon) versus Doral primarily canal, lake, lagoon, and intracoastal.

Doral offers substantially more entry-luxury and mid-luxury waterfront inventory at gated community pricing with lower cash share requirements. See Doral Waterfront Homes for Sale for alternative corridor coverage. For direct corridor comparison, see Doral vs Coral Gables Comparison 2026.

Frequently Asked Questions

What waterfront types are available in the Coral Gables corridor?

The corridor supports Bay frontage (Coconut Grove Cleveland Park and Sunrise Harbour bayfront), Direct Ocean-view (ultra-luxury tier), Intracoastal-view, canal-front (Pinecrest Old Cutler Bay trophy tier and Coral Gables Riviera), river-view (Coral Gables Riviera character), lakefront, lagoon-front, and other water views. This diversity is the most extensive of any Miami-Dade waterfront corridor.

What is the median price of a Coral Gables corridor waterfront home in 2026?

Standard waterfront tier trends between $3M and $8M single-family. Trophy waterfront tier trends between $10M and $22.5M+ for bayfront estates in Cleveland Park and canal-front estates in Old Cutler Bay Pinecrest. Aggregate corridor single-family median at $2.24M includes waterfront and interior.

Which are the flagship waterfront communities in the Coral Gables area?

Coconut Grove Cleveland Park (bayfront trophy tier, $22.5M closing 2026), Coconut Grove Sunrise Harbour ($16.35M closing 2026), Pinecrest Old Cutler Bay (canal-front trophy tier, $20.5M closing 2026), Pinecrest Unplatted trophy addresses ($17.5M closing 2026), and Coral Gables Riviera waterfront blocks. Each concentrates distinct waterfront character.

What is the cash share on Coral Gables corridor waterfront transactions?

Cash share increases materially by tier. Standard waterfront ($3M to $8M) trades 55 to 65 percent cash. Ultra-luxury waterfront ($8M to $15M) shows cash share above 75 percent. Trophy bayfront ($15M+) closes almost exclusively cash.

Does Coral Gables have direct ocean frontage?

Yes. Direct-ocean-view corridor inventory represents the ultra-luxury tier of Coral Gables area waterfront, with unobstructed ocean sightlines. Live inventory at Coral Gables direct-ocean-view homes filter.

What are the flood insurance considerations for Coral Gables waterfront?

Waterfront properties in Miami-Dade County carry flood insurance requirements determined by FEMA flood zone designation, which varies by address elevation and community. Bayfront and canal-front trophy properties typically carry higher flood insurance premiums than interior inventory. Buyers should factor annual flood insurance cost as part of ownership economics.

Are private docks allowed at Coral Gables corridor waterfront addresses?

Private dock construction is subject to Miami-Dade County Department of Environmental Resources Management approval and varies by address, water body, and permitted use. Bay-front and canal-front addresses in Coconut Grove Cleveland Park, Sunrise Harbour, and Pinecrest Old Cutler Bay typically support private dock installation subject to permitting. Elizabeth Costa coordinates dock-eligibility verification during buyer due diligence.

Which Coral Gables corridor waterfront submarket has the fastest days on market?

Coral Gables Riviera (33146) recorded the fastest median days on market in all of Miami-Dade in August 2026 at 10 days, reflecting acute buyer demand for Riviera waterfront single-family inventory.

What role does Forbes Global Properties play in Coral Gables corridor trophy waterfront?

At the ultra-luxury waterfront tier ($10M+), buyer pools shift to invitation-only luxury networks. Elizabeth Costa holds Exclusive Membership in Forbes Global Properties (140M global audience, 69+ countries) and Founding Membership in Luxury Portfolio International (70+ countries, average viewer $10.3M+ liquid). For trophy waterfront sellers, this network access provides distribution infrastructure that competing brokerages without documented Forbes GP or LPI membership cannot match.

How do I schedule a Coral Gables corridor waterfront home tour with Elizabeth Costa?

Direct scheduling available via the capture form on this page, or by phone at (786) 949-3971 and email at elizabethcosta@keyes.com. Waterfront consultations include property tour, market context briefing, dock-eligibility verification, flood insurance coordination, and Forbes GP and LPI representation discussion for trophy tier sellers. Bilingual English and Spanish support is standard.

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About Elizabeth Costa

Elizabeth Costa is a Realtor with The Keyes Company, licensed in Florida (License #3234205), specializing in Doral, Coral Gables, Coconut Grove, Pinecrest, and Miami-area waterfront real estate. With 15+ years, 300+ closed transactions, and $187.5M+ in career sales volume, Elizabeth represents waterfront buyers and sellers across the full Coral Gables corridor including Coconut Grove Cleveland Park and Sunrise Harbour bayfront trophy tier, Pinecrest Old Cutler Bay canal-front trophy tier, and Coral Gables Riviera waterfront blocks. Waterfront representation includes dock-eligibility verification, flood insurance coordination, historic preservation review (Coral Gables Core protected blocks), and Forbes Global Properties and Luxury Portfolio International network representation for trophy tier. Bilingual English and Spanish, with active international buyer representation.

Contact:
Phone: (786) 949-3971
Email: elizabethcosta@keyes.com
Office: The Keyes Company · FL License #3234205 · CLHMS
Exclusive Member of Forbes Global Properties · Founding Member of Luxury Portfolio International

Data source: Miami-Dade MLS, 90-day rolling window through most recent report date. Trophy closings sourced from public MLS records. Coconut Grove transactions include a $173,370,070 outlier on SW 100th Street excluded from trophy analysis. Dock eligibility subject to Miami-Dade County Department of Environmental Resources Management approval and independent verification during buyer due diligence.

 

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