Rent to own Homes in Coral Gables, FL
Great Real Estate Opportunities! Coral Gables has excellent real estate options, including rent to own deals. The value of homes has increased 12.4% over the last 12 months. Now is a great time to buy a property, especially in neighborhoods close to Biscayne Bay, Alex Rodriguez Park and Gifford Arboretum.
Coral Gables, FL is a great place for affordable rent-to-own homes! With a median household income of over $103,999 and a median rent of $1,794, the Coral Gables, FL rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Coral Gables, FL. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Coral Gables, FL Property Resources
Rent to own Homes in Cities Near Coral Gables, FL
- Bal Harbour
- Bay Harbor Islands
- Dania
- Doral
- El Portal
- Fisher Island
- Fort Lauderdale
- Fountainebleau
- Gladeview
- Glenvar Heights
- Golden Beach
- Golden Glades
- Goulds
- Hallandale
- Hallandale Beach
- Hialeah
- Hialeah Gardens
- Hollywood
- Homestead
- Homestead Base
- Indian Creek
- Islandia
- Ives Estates
- Kendall
- Kendall West
- Key Biscayne
- Leisure City
- Medley
- Miami
- Miami Beach
- Miami Springs
- Miramar
- Naranja
- North Bay Village
- North Miami
- Olympia Heights
- Pinecrest
- Richmond Heights
- Richmond West
- South Miami
- South Miami Heights
- Sunny Isles Beach
- Sunrise
- The Crossings
- University Park
- Westchester
- West Miami
- West Park
- Westview
- Westwood Lakes
Neighborhoods in Coral Gables, FL
Baker Homestead rent to own homes Coral Gables rent to own homes Biscayne Bay rent to own homes Biscayne Bay Sea rent to own homes Coconut Grove Manor rent to own homes Cocoplum rent to own homes Coral Estates rent to own homes Coral Gables Section rent to own homes Coral Groves rent to own homes Country Club Section rent to own homesPopular Zip Codes in Coral Gables, FL
33114 rent to own homes 33146 rent to own homes 33134 rent to own homesBuying a Home in Coral Gables, FL
Coral Gables, FL is seeing rapid growth and Coral Gables, FL's' housing market remains not optimal with an average home price that is 294% above the 2024 national average. Coral Gables, FL is part of Miami-Dade county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Miami-Dade is 1.02% which is above the national average, which is 0.99%.
Median Home Price in Coral Gables, FL
Median Rent in Coral Gables, FL
Top 10 Reasons to Live in Coral Gables
Beautiful Beaches! Beautiful, crystal waters and sandy beaches await those who live in Coral Gables. Miami Beach-South Pointe Park is a local favorite. For those looking for a more serene ocean retreat, there's nearby Sunny Isles Beach.
Fantastic Local Dining! There are countless amazing dining options in Coral Gables. Eating House as well as Xixon Spanish Cuisine are two spots where everyone should dine. Pardos Peruvian Cuisine features amazing dishes; diners there have raved about the Tiradito Aji Amarillo and the Chupe de Camarones.
Housing to Suit All! When it comes to finding the perfect home for you, you'll be impressed by the wide array of housing types here. Houses and townhomes account for just over 60% of homes; apartments and condos account for roughly 39%. Hence, you can find a variety of housing for sale and even some rent to own homes! Get a one-bedroom apartment near Lake Osceola or get a house near Biltmore Golf Course.
Exhilarating Nightlife! Whether you're looking for ballroom dancing or salsa, rave clubs or sultry lounges, you'll not be disappointed by the local scene. Local spots like The Bar, Tarpon Bend and Titanic Brewery are always a hit. And nearby Miami Beach showcases one of the best nightlife spots in the world.
Conveniently Located Residences! With real estate values rising, the current value of a housing unit is now $656,000. The market is booming because Coral Gables is a great neighborhood in a convenient location. Most pads are within striking range of The Miracle Mile, an area that features shops and restaurants that is near Coral Gables City Hall and the Coral Gables Merrick House.
Niche Shops! Coral Gables boasts many specialty stores. The Miracle Mile is full of retailers like The Rose Tree Cottage, Leather World, Silver Dragon and Edible Arrangements!
Fantastic Recreation! With Coral Gables' blend of beachfront and urban landscape, there's a whole host of activities for those who like to play. Beach sports include parasailing, snorkeling, scuba diving and more. Residents can golf at Riviera Golf Course and toss Frisbee at Coral Gables Wayside Park. There are many places to jog as well.
Options for Renters! Nearly 34% of homes in Coral Gables are renter-occupied. For this reason, there are lots of rental homes and rent to own houses and condos available. Gables Grand Plaza and The Residences at Merrick Park are two complexes with places available for lease.
Countless Cultural Activities! If you enjoy local art, be sure to check out the Lowe Art Museum; the museum regularly features exciting new exhibits, such as displays illustrating the life of Captain James Cook. You'll also find visionary work at the Coral Gables Museum. Both of these museums offer great ways to spend an afternoon, especially if it's muggy outside.