Business Insider and the New York Post have officially confirmed that Gables Estates in Coral Gables has become America’s wealthiest neighborhood, surpassing even Beverly Hills and Palm Beach.
This distinction reflects not only rising home values but also the culmination of decades of architectural vision, generational ownership, and enduring prestige. Gables Estates is where heritage meets modernity. Waterfront living isn’t just a feature here, it’s a way of life. Every home reflects a sense of permanence rarely found in today’s real estate landscape.
Neighboring enclaves like Snapper Creek Lakes and Ponce/Davis, both just half a mile away, share the same elegance and scale. Yet, Gables Estates leads with the highest sale prices and timeless prestige, setting the benchmark for Miami’s ultra-luxury market.
With only seven homes currently available, priced between $14.9 million and $54.9 million, Gables Estates stands as the ultimate expression of refined, lasting luxury in South Florida.
How Gables Estates Surpassed Beverly Hills and Palm Beach
According to Business Insider, the median home value in Gables Estates now exceeds Beverly Hills by nearly $2 million, but that figure only hints at the deeper story.
Behind it lies a powerful movement of wealth migration. Families and individuals from New York, California, and across the world are finding their way to Miami, attracted by Florida’s tax advantages, political stability, and climate, both meteorological and financial.
Miami has become a symbol of global sophistication, a crossroads of art, finance, and design that has matured into a destination for affluent homeowners. Even celebrities like The Weeknd, reportedly acquiring a $55 million estate in Gables Estates, reflect a new era of buyers seeking belonging and exclusivity.
Inside America’s Wealthiest Neighborhood: What Sets Gables Estates Apart
Waterfront orientation
Gables Estates was designed for life on the water. Nearly every residence offers direct access to Biscayne Bay, complete with deep-water docks built for luxury yachts and vessels. Here, mornings begin with quiet reflections over the mangroves and end with sunset cruises on Biscayne Bay, all without leaving the neighborhood.
Developed in the 1960s by visionary industrialist Arthur Vining Davis, the community’s master plan prioritized navigable canals and seamless access to open water. That foresight renders Gables Estates irreplaceable today.
Lot size and privacy
Lots here span over an acre, and many estates stretch beyond two acres, nestled behind long driveways, tropical foliage, and lush tree canopies. The landscape feels organic yet curated with banyan trees, royal palms, or bougainvillea creating natural privacy walls.
Each home feels more like a private resort compound than a residence, with double-gated entries, serene garden paths, and open courtyards. The experience is intentionally secluded, mirroring the tone of historic Palm Beach or Montecito, yet distinctly South Florida in rhythm and light.
Architectural excellence
Homes in Gables Estates are designed by world-renowned architects, blending Mediterranean influence with modern refinement. Interiors often include climate-controlled wine galleries, private screening rooms, Italian marble floors, and handcrafted millwork.
Outdoor spaces mirror the same attention to luxury: infinity-edge pools, outdoor lounges, alfresco kitchens designed for sunset dining, and more. Every residence here tells its owner’s story without saying a word.
This harmony of scale, design, and landscape is carefully protected by the neighborhood’s aesthetic guidelines. No home overpowers another; instead, each complements the community’s timeless appeal.
Community integrity
The Gables Estates Club, Inc. manages membership with an approval process that ensures continuity and discretion. Prospective buyers must submit recommendations, financial references, and a membership fee of $100,000 (higher for non-U.S. residents). Every detail, like security patrols or landscape maintenance, reflects the community’s commitment to preserving privacy and prestige..
The Barba Brief: Gables Estates Offers a Lifestyle That Can’t Be Duplicated Anywhere Else in The World
Gables Estates' influence extends beyond its gates, shaping standards of architecture, land planning, and discretion across South Florida’s elite communities. Few neighborhoods have maintained such consistency in value and prestige, showing that lasting luxury comes from quality and vision, not flash or trends.
“Gables Estates has been quietly setting the standard for Miami’s luxury market for generations. What makes it remarkable is that its appeal has never depended on trends. It’s rooted in scale, design integrity, and the kind of waterfront living that simply can’t be replicated. There’s an energy here that you simply can’t find anywhere else. It’s a reminder that in a city where development continues to thrive, timeless communities have carved out a unique lifestyle that simply can’t be found anywhere else.” — Mauricio Barba, Miami Signature Homes
Coral Gables’ Broader Luxury Momentum
Luxury doesn’t stop at the gates of Gables Estates. The entire Coral Gables corridor continues to thrive, each enclave offering its own interpretation of sophistication and privacy.
Snapper Creek Lakes and Ponce/Davis stand out as two of the most distinguished. Just half a mile from Gables Estates, Snapper Creek Lakes offers a rare combination of scale and seclusion, a guard-gated community where estates sprawl across more than an acre, framed by lush landscaping and a private marina reserved for residents. It’s long been a favorite among collectors, executives, and those who value waterfront access without the spotlight.
Ponce/Davis, by contrast, blends timeless residential charm with accessibility. Its tree-lined streets and architecturally diverse estates attract families seeking generous lots, proximity to Miami’s best schools, and the kind of privacy that feels effortless yet refined. It’s one of the few neighborhoods where estate living and everyday convenience coexist gracefully.
Cocoplum remains a strong contender for waterfront luxury, with homes commanding record-breaking values, such as the $8.3 million sale on Isla Dorada Boulevard, which set a record price per square foot inside the Islands of Cocoplum. The median home price in Cocoplum is currently listed at $8.70 million as of August 2025. Old Cutler Bay continues to define quiet elegance with deep-water access and long-term ownership. Hammock Oaks Harbour rounds out the portfolio as a more intimate gated setting, with listings currently between $5 million and $6 million.
Luxury Real Estate White-Glove Service for Buyers and Sellers
The best homes in Gables Estates rarely make it to public listings. Transactions here are often discreet, handled through private networks and trusted relationships. For buyers, navigating this world requires a local expert who understands the unspoken codes that define its exclusivity.
With decades in Miami’s ultra-luxury market, Mauricio Barba has navigated every corner of Gables Estates, from hidden parcels to legacy family homes. He provides a white-glove experience: 24/7 support, access to unlisted estates, and deep vetting so every step feels seamless. Because when you’re dealing at this level, every detail, from gates to design, to culture, matters.
Private consultations by invitation only. To explore Gables Estates or top-tier alternatives in Coral Gables, Contact Mauricio at 305-439-8311.