Coral Gables Price Reduced Homes & Condos

Find the Coral Gables home that fits your life, with the costs understood and the offer planned before you commit.

Live BeachesMLS listings matching this search in Coral Gables, Florida, updated throughout the day.

Price cuts in Coral Gables tend to trace back to what a buyer is allowed to do with the house. An original home priced as though it could be freely expanded gets reduced once buyers learn that historic designation, the Board of Architects or the tree canopy limits the plan. A low waterfront lot gets reduced when the flood elevation and the substantial-improvement rule are priced in. An apartment in an older building gets reduced after a milestone inspection or an assessment becomes known. Homes in the unincorporated pockets with a Coral Gables mailing address get reduced when buyers realize the jurisdiction differs. Read each reduction against the days on market and the permit file, which usually explains the number better than the listing remarks.

39 listings, newest first.

The 39 listings on this page run from $492,000 to $172,500,000, with a median of $2,199,000, about $855 per square foot, and they have been listed a median of 65 days.

The communities with the most listings here are Coral Gables (4), Merrick Manor (3), C Gab Country Club (2), C Gab Riviera (2) and Coral Bay (2), 13 of the 39; the others are spread across 23 more communities. By type: 24 single-family homes, 11 condos, 3 multifamily properties and 1 townhome or villa. Bedrooms run from 1 to 10, a median of 4; they were built between 1922 and 2026, a median of 1969, and 6 in the last ten years. 17 of the 39 have a pool, and 6 are on the water. They sit in 6 ZIP codes: 33133, 33134, 33143, 33146, 33156 and 33158.

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Tell us which of these homes you want to see, or what you are looking for that is not here, and a Coral Gables agent replies with the homes that fit, the questions to ask about each and a time to see them. Call or text (786) 914-1017 or send the form on this page.

Coral Gables Price Reduced Homes: What Is on the Market

What the 39 price reduced homes for sale in Coral Gables tell you about this market, counted from the listings on this page as of November 8, 2026. Every figure moves with the inventory. Ask about any of these homes or request a showing from this page.

Listings on this page39
Asking prices$492,000 to $172,500,000
Median asking price$2,199,000
Median price per square foot$855/sq ft
Median living area2,659 sq ft
Bedrooms1 to 10, median 4
Year built1922 to 2026, median 1969
Median association fee (condos)$1,232/mo
Median days on market65 days
Listings with a price cut39 of 39
With a pool17 of 39
On the water6 of 39
With ocean access2 of 39
No fixed bridges to the inlet3 of 39
Garage spaces1 to 8
Median lot size (houses)10,890 sq ft

Communities With the Most Listings

CommunityListingsMedian asking price
Coral Gables4$1,824,500
Merrick Manor3$875,000
C Gab Country Club2$2,942,500
C Gab Riviera2$3,550,000
Coral Bay2$13,425,000
Coral Gables Granada2$2,540,000

By Asking Price

  • Under $1,500,000: 16 listings
  • $1,500,000 to $3,500,000: 11 listings
  • $3,500,000 and up: 12 listings

Counted from the listings on this page, BeachesMLS, as of November 8, 2026. Asking prices, not sale prices. Not an appraisal.

Coral Gables Price Reduced Homes: Questions Buyers Ask

How much do price reduced homes cost in Coral Gables?
The 39 price reduced homes for sale in Coral Gables on this page ask from $492,000 to $172,500,000, a median of $2,199,000 or about $855 per square foot, from BeachesMLS listings as of November 8, 2026. 16 are under $1,500,000, 11 are between $1,500,000 and $3,500,000 and 12 are at $3,500,000 and up. Asking prices are not sale prices: the Coral Gables housing market report shows what homes closed for.
How many price reduced homes are for sale in Coral Gables right now?
39 price reduced homes are listed for sale in Coral Gables as of November 8, 2026, and the typical one has been on the market 65 days; 39 of them have cut the asking price since listing. The list refreshes from the MLS through the day, and the alert on this page sends each new one the day it lists.
Which Coral Gables communities have price reduced homes for sale?
Coral Gables (4, median $1,824,500), Merrick Manor (3, median $875,000), C Gab Country Club (2, median $2,942,500), C Gab Riviera (2, median $3,550,000), Coral Bay (2, median $13,425,000) and Coral Gables Granada (2, median $2,540,000) hold the most price reduced homes for sale in Coral Gables today. The rest are spread across 22 more communities.
What are the association fees on price reduced homes in Coral Gables?
The median association fee on the condos in this search is $1,232 a month, from $495 to $14,419, as the listings state them as of November 8, 2026. The fee depends on what the association covers, from insurance and reserves to staff and amenities; we read the budget, the reserve study and any assessment before you offer.
Are these Coral Gables price reduced homes houses or condos?
24 of the 39 are single family houses and 11 are condos; the other 4 are townhomes, villas or multifamily, as of November 8, 2026. A house in Coral Gables is priced from the closed sales on its streets; a condo from its building's closings and its association's documents.

Before You Buy: The Guides

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