Coral Gables Waterway
Eight miles of channel cut inland from Biscayne Bay
ALERTS FOR CORAL GABLES WATERWAY
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About Coral Gables Waterway
The Coral Gables Waterway is eight miles of channel cut inland from Biscayne Bay when Merrick's corporation was advertising the new city as forty miles of waterfront. It runs west from the bay to Cartagena Plaza, the roundabout at Le Jeune Road, Sunset Drive and Old Cutler Road, then curves north along Riviera Drive toward the Biltmore golf course, with a western loop through the University of Miami campus to the Mahi Waterway. Its banks expose Miami oolite, a Pleistocene limestone that rises twenty feet and more near the Le Jeune Road bridge.
By Mark Zilbert, Global Real Estate Advisor · updated September 2026
For Sale
No single-family homes for sale in Coral Gables Waterway right now.
Pending Sales
Under contract, awaiting closing. Once the property has closed, the sold price will be available.
No homes under contract in Coral Gables Waterway at the moment.
Recently Sold Homes
Sorted by date.
| Address ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed ⇅ |
|---|---|---|---|
| 1220 S Alhambra CircleHome 5 bed · 4,074 SqFt | $5,750,000list $5,950,000 | 97% | 10/29/2610/29 |
Every home sale in Coral Gables Waterway since 2012 · 25 sales
Map
Nearby
Averages are weighted as total dollars over total square feet. We calculate averages based on closed sales in the MLS for the past 12 months, as of October 29, 2026. Averages are based on properties that are listed or sold for $350,000 and greater. Additional reports at all price points are available here. Price-per-square-foot figures are rounded to the nearest dollar, up or down. Where fewer than 5 closed sales exist in the window, we report the count rather than an average.
| Homes · Avg Selling Price | 1 sales, too few to report |
|---|---|
| Asking today, all prices | Nothing for sale |
The page above reports from $350,000; this table has no price floor. Same 12-month window, same exclusions before 1990, same minimum sample of 5.