Home » Most Expensive Neighborhoods » Coral Gables » Granada Place/ Granada Terrace

Description

Granada Place and Granada Terrace are two distinguished neighborhoods located in the historically rich and architecturally vibrant city of Coral Gables, Florida. These areas epitomize the vision of George E. Merrick, who founded Coral Gables in the 1920s as one of the nation’s first planned communities, infusing it with distinct Mediterranean Revival style that continues to draw admiration.

Development History

The development of Granada Place and Granada Terrace was integral to Merrick’s broader plan for Coral Gables, which was designed to offer an idyllic blend of residential tranquility and aesthetic elegance. These neighborhoods were developed during the Florida land boom...


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Granada Place and Granada Terrace are two distinguished neighborhoods located in the historically rich and architecturally vibrant city of Coral Gables, Florida. These areas epitomize the vision of George E. Merrick, who founded Coral Gables in the 1920s as one of the nation’s first planned communities, infusing it with distinct Mediterranean Revival style that continues to draw admiration.

Development History

The development of Granada Place and Granada Terrace was integral to Merrick’s broader plan for Coral Gables, which was designed to offer an idyllic blend of residential tranquility and aesthetic elegance. These neighborhoods were developed during the Florida land boom of the 1920s, a period characterized by rapid growth and ambitious architectural undertakings. Granada Terrace, in particular, was designed to feature spacious single family homes with expansive lots, ensuring privacy and exclusivity for its residents. The area's layout was carefully planned to include tree lined streets, wide avenues, and lush green spaces that highlight the natural beauty of South Florida.

Community and Lifestyle

Both Granada Place and Granada Terrace today are reflective of Coral Gables’ overall atmosphere, which is one of sophistication and quiet luxury. The neighborhoods are known for their well manicured landscapes, stately homes, and streets that showcase the classic Coral Gables canopy of banyan trees and tropical foliage. This environment provides a serene living experience that is highly valued by residents. Residents in these areas enjoy access to a plethora of Coral Gables’ amenities, including world class golf courses, country clubs, and the historic Venetian Pool. Additionally, the proximity to downtown Coral Gables means easy access to high-end shopping, fine dining, and cultural institutions like art cinemas and galleries.

Architectural Significance

The homes in Granada Place and Granada Terrace often feature Mediterranean Revival architecture, which is synonymous with George Merrick’s vision. This style is characterized by stucco walls, red tile roofs, arched doorways, and intricate ironwork, which collectively imbue the neighborhoods with a romantic, old-world charm. Many homes have been preserved or restored to maintain their historical integrity while incorporating modern conveniences.

Real Estate Market

The real estate market in Granada Place and Granada Terrace remains robust, with homes often fetching premium prices due to their architectural significance and desirable location. The stability of property values in these neighborhoods is bolstered by their historic status and ongoing community preservation efforts. Granada Place (also known as Granada Terrace) in Coral Gables is a historic neighborhood known for its charming Mediterranean Revival homes, tree-lined streets, and proximity to Coral Gables’ cultural landmarks. Here’s an overview of notable architects, famous residents, and helpful links for further information:

Notable Architects

  1. George Merrick – The visionary behind Coral Gables, Merrick developed the Mediterranean Revival aesthetic that characterizes Granada Place. Though he wasn’t an architect, Merrick’s influence was instrumental in shaping the neighborhood.
  2. Phineas Paist – Merrick’s chief architect, Paist, contributed heavily to Coral Gables’ signature look, designing numerous homes and public spaces in the Mediterranean style, which are seen throughout Granada Place.
  3. Walter De Garmo – As one of Coral Gables’ most prominent early architects, De Garmo’s designs are marked by arched entryways, stucco exteriors, and terracotta roofs, which are characteristic of Granada Place’s historical architecture.

Famous Residents

Granada Place has attracted several notable figures over the years due to its historical charm and proximity to Coral Gables’ bustling center:
  1. Al Capone – While he primarily resided on Palm Island, Capone reportedly owned property in Coral Gables and is linked to Granada Place’s history as part of Miami’s early real estate development.
  2. Business Executives and Local Politicians – Due to its location near Miracle Mile and Downtown Coral Gables, Granada Place has been popular with Miami business executives and political figures who value its historical appeal and central location.

Nearby Parks and Places

  1. Granada Golf CourseGranada Golf Course - A historic nine hole course near Granada Place, offering a scenic golfing experience.
  2. Venetian PoolVenetian Pool - A landmark spring fed pool with waterfalls and grottoes, located nearby and offering a unique recreational option.
  3. Miracle MileMiracle Mile - Coral Gables’ premier shopping and dining area, within walking distance from Granada Place.

Helpful Links

Granada Place remains one of Coral Gables’ most charming historical neighborhoods, attracting those who appreciate its rich architecture, lush surroundings, and proximity to the city’s cultural and recreational offerings.  

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Address Price SF $/SF Rented Date
806 Milan Ave, Coral Gables, 33134 $8,250 2,440 SF $3 11/15/2023
806 Milan Ave, Coral Gables, 33134 $8,000 2,440 SF $3 04/10/2023
1503 Columbus Blvd #0, Coral Gables, 33134 $7,700 1,687 SF $4 09/23/2024
1424 Alberca St, Coral Gables, 33134 $6,500 1,966 SF $3 02/01/2023
1206 Columbus Blvd, Coral Gables, 33134 $6,500 2,834 SF $2 12/01/2023
, Coral Gables, 33134 $6,500 2,286 SF $2 04/15/2024
1314 Ferdinand St #0, Coral Gables, 33134 $6,500 1,812 SF $3 09/15/2024
1212 Aguila Ave, Coral Gables, 33134 $6,250 1,557 SF $4 05/21/2023
720 Coral Way #4A, Coral Gables, 33134 $6,200 2,082 SF $2 03/18/2024
1212 Aguila Ave, Coral Gables, 33134 $6,200 1,557 SF $3 04/19/2024
1430 Messina Ave, Coral Gables, 33134 $6,000 1,947 SF $3 06/20/2023
1225 Tangier St, Coral Gables, 33134 $6,000 1,028 SF $5 09/15/2024
834 Mariana Ave, Coral Gables, 33134 $5,950 1,627 SF $3 05/16/2023
1501 Lisbon St, Coral Gables, 33134 $5,850 1,296 SF $4 02/01/2023
1240 Ortega Ave, Coral Gables, 33134 $5,800 2,071 SF $2 04/15/2024
1114 Columbus Blvd, Coral Gables, 33134 $5,700 1,769 SF $3 06/12/2024
1412 Medina Ave #1412, Coral Gables, 33134 $5,650 1,736 SF $3 06/01/2023
1249 Ortega Ave, Coral Gables, 33134 $5,600 1,389 SF $4 04/01/2024
837 Alberca St, Coral Gables, 33134 $5,600 1,576 SF $3 09/02/2024
1106 Genoa St, Coral Gables, 33134 $5,500 2,059 SF $2 02/15/2024
817 Columbus Blvd #n/a, Coral Gables, 33134 $5,400 1,644 SF $3 03/20/2023
833 Alberca St, Coral Gables, 33134 $5,375 1,650 SF $3 10/01/2024
1207 Red Rd, Coral Gables, 33144 $5,350 1,702 SF $3 07/15/2024
902 Madrid St, Coral Gables, 33134 $5,300 1,508 SF $3 01/20/2023
829 Granada Groves Ct #0, Coral Gables, 33134 $5,300 1,065 SF $4 12/01/2023
902 Madrid St, Coral Gables, 33134 $5,300 1,508 SF $3 02/10/2024
1302 Pizarro St, Coral Gables, 33134 $5,200 1,692 SF $3 11/15/2023
1207 Red Rd, Coral Gables, 33144 $5,100 1,702 SF $3 06/15/2023
1260 Milan Ave, Coral Gables, 33134 $5,000 1,531 SF $3 01/01/2023
840 Granada Groves Ct, Coral Gables, 33134 $5,000 1,260 SF $3 05/03/2023
1250 Medina Avenue, Coral Gables, 33134 $5,000 1,252 SF $3 09/01/2023
1220 Milan Ave, Coral Gables, 33134 $5,000 1,264 SF $3 04/27/2024
832 Granada Groves Ct, Coral Gables, 33134 $5,000 1,211 SF $4 10/04/2024
1507 Tangier St #0, Coral Gables, 33134 $4,900 1,610 SF $3 11/20/2023
911 Pizarro St, Coral Gables, 33134 $4,875 1,764 SF $2 05/01/2024
555 Southwest 51st Ave, Miami, 33134 $4,850 1,697 SF $2 11/03/2022
1110 Pizarro St #0, Coral Gables, 33134 $4,800 1,787 SF $2 02/15/2024
555 Southwest 51st Ave #0, Miami, 33134 $4,800 1,248 SF $3 05/15/2024
1115 Madrid St, Coral Gables, 33134 $4,600 1,443 SF $3 07/01/2024
7610 Southwest 48th Ct #7610, Miami, 33143 $45,000 6,265 SF $7 05/22/2024
822 Medina Ave #0, Coral Gables, 33134 $4,500 1,325 SF $3 07/04/2023
1222 Pizarro St, Coral Gables, 33134 $4,500 1,610 SF $2 10/01/2023
1212 Medina Ave, Coral Gables, 33134 $4,500 1,385 SF $3 03/15/2024
1507 Tangier St #0, Coral Gables, 33134 $4,500 1,610 SF $2 08/01/2024
900 Milan Ave, Coral Gables, 33134 $4,500 1,448 SF $3 08/07/2024
1260 Milan Ave, Coral Gables, 33134 $4,500 1,531 SF $2 09/20/2024
914 Madrid St, Coral Gables, 33134 $4,400 1,156 SF $3 11/04/2022
720 Coral Way #9E, Coral Gables, 33134 $4,400 1,650 SF $2 06/23/2023
840 Granada Groves Ct, Coral Gables, 33134 $4,400 1,260 SF $3 10/30/2023
1431 Algeria Ave, Coral Gables, 33134 $4,398 1,429 SF $3 06/22/2024
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