House in Miami, FL 33145

Coral Gate, 1931 Coral Gate Dr

A rare Coral Gate gem for buyers with vision! This 1949 home sits on a quiet, gated street just outside Coral Gables, giving you Miracle Mile dining, top-rated schools, and luxury living at a lower entry price than neighboring markets. Perfect to remodel, expand, or build a modern custom home, it’s a prime canvas to maximize equity in one of Miami’s most desirable, family-friendly communities with a strong sense of neighborhood charm. Key upgrades—including a new roof, updated electrical and plumbing, and other essential infrastructure—give buyers confidence and a strong head start for renovation or redevelopment. Inside, original charm shines with hardwood floors, an enclosed porch, and a functional, flexible layout ready for contemporary updates, reconfiguration, or seamless indoor-outdoor living that can accommodate entertaining and family life alike. The fully fenced backyard features mature avocado and mango trees, a storage shed, and generous space for outdoor entertaining areas, or expanded living spaces. This property offers dual upside: families can craft their dream home over time, investors can enjoy immediate rental income while planning long-term improvements, and developers can explore strategic redevelopment potential. A rare, high-value asset blending lifestyle, creative freedom, and long-term ROI in a walkable, sought-after Miami community that truly has it all.