Community spotlight: Coral Gables

  • The University of Miami is the city's largest employer.
  • The city's downtown is four blocks wide by two miles long.
  • Homes values in the city are predicted to slightly decline during the next 12 months.

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Developed in the 1920s by George Merrick, Coral Gables is considered one of the first planned communities and a precursor to gated communities and HOAs.

Today the city of roughly 50,000 is known mostly for its four-block by two-mile long downtown, the University of Miami and luxury homes.