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 Sold Date
1209 San Miguel Ave, Coral Gables, 33134 $970,000 1,347 SF $720 07/12/2024
1214 Madrid St, Coral Gables, 33134 $920,000 1,500 SF $613 02/02/2024
912 Alberca St., Coral Gables, 33134 $900,000 974 SF $924 08/15/2023
720 Coral Way #1F, Coral Gables, 33134 $900,000 1,736 SF $518 12/22/2023
1213 Aguila Ave, Coral Gables, 33134 $887,500 1,202 SF $738 07/28/2023
841 Alberca St, Coral Gables, 33134 $873,805 884 SF $988 08/30/2024
1213 La Mancha Ave, Coral Gables, 33134 $871,000 1,339 SF $650 06/28/2024
1210 Columbus Blvd, Coral Gables, 33134 $865,000 1,405 SF $615 07/07/2023
817 Alberca St, Coral Gables, 33134 $860,000 1,502 SF $572 05/08/2024
824 Granada Groves Ct., Coral Gables, 33134 $850,000 820 SF $1 10/30/2024
1424 San Marco Ave, Coral Gables, 33134 $820,500 1,138 SF $721 05/17/2024
1144 Milan Ave, Coral Gables, 33134 $815,000 1,285 SF $634 02/20/2024
833 Madrid St, Coral Gables, 33134 $811,500 1,371 SF $591 03/11/2024
5165 Southwest 7th St, Coral Gables, 33134 $800,000 1,819 SF $439 06/20/2024
4926 Southwest 7th St, Miami, 33134 $760,000 1,015 SF $748 05/28/2024
5930 Southwest 7th St, Miami, 33144 $750,000 831 SF $902 09/27/2023
5119 Southwest 6th St, Miami, 33134 $750,000 1,899 SF $394 04/26/2024
5175 Southwest 6th St, Miami, 33134 $680,000 1,879 SF $361 09/23/2024
420 Southwest 51st Ave, Miami, 33134 $632,000 948 SF $666 06/25/2024
5151 Southwest 6th St, Miami, 33134 $620,000 1,482 SF $418 06/29/2023
9341 East Bay Harbor Dr #PH-B, Bay Harbor Islands, 33154 $610,000 1,640 SF $371 10/07/2024
720 Coral Way #14P, Coral Gables, 33134 $600,000 738 SF $813 11/20/2024
720 Coral Way #13D, Coral Gables, 33134 $490,000 750 SF $653 06/14/2024
201 North Ocean Blvd #107, Pompano Beach, 33062 $390,000 1,000 SF $390 10/20/2023
201 North Ocean Blvd #PH2, Pompano Beach, 33062 $340,000 775 SF $438 10/14/2023
8101 Southwest 72nd Ave #302W, Miami, 33143 $315,000 1,087 SF $289 05/22/2024
2001 Granada Dr #O1, Coconut Creek, 33066 $270,000 1,291 SF $209 12/15/2023
8701 Southwest 141st St #F8, Palmetto Bay, 33176 $265,000 777 SF $341 06/29/2023
8701 Southwest 141st St #K2, Palmetto Bay, 33176 $265,000 777 SF $341 08/07/2023
8107 Southwest 72nd Ave #221E, Miami, 33143 $263,250 780 SF $337 09/25/2023
8701 Southwest 141st St #H6, Palmetto Bay, 33176 $255,000 777 SF $328 03/22/2024
8701 Southwest 141st St #H8, Palmetto Bay, 33176 $255,000 777 SF $328 01/17/2024
8701 Southwest 141st St #K1, Palmetto Bay, 33176 $250,000 777 SF $321 10/13/2023
904 Ferdinand St, Coral Gables, 33134 $2,425,000 3,453 SF $702 10/24/2024
5271 Southwest 8 #209, Miami, 33134 $240,000 0 SF $0 11/15/2023
1215 Ferdinand St, Coral Gables, 33134 $2,330,000 2,351 SF $991 02/22/2024
925 Mariana Ave, Coral Gables, 33134 $2,022,500 2,706 SF $747 07/06/2023
#A4, Palmetto Bay, 33176 $199,000 560 SF $355 06/06/2024
8701 Southwest 141st St #B2, Palmetto Bay, 33176 $198,000 560 SF $353 04/04/2024
817 Lisbon St, Coral Gables, 33134 $1,910,000 2,066 SF $924 07/22/2024
9521 Southwest 97th St, Miami, 33176 $1,850,000 3,587 SF $515 08/28/2023
1224 Tangier St, Coral Gables, 33134 $1,800,000 2,211 SF $814 07/06/2023
831 Cortez St, Coral Gables, 33134 $1,750,000 2,002 SF $874 08/12/2024
1115 Capri St, Coral Gables, 33134 $1,725,000 2,155 SF $800 11/09/2023
9751 Southwest 96th Ct, Miami, 33176 $1,700,000 3,091 SF $549 08/23/2023
1414 Messina Ave, Coral Gables, 33134 $1,700,000 1,816 SF $936 06/30/2023
915 Lisbon St, Coral Gables, 33134 $1,625,000 1,595 SF $1 07/25/2024
1605 Madrid St, Coral Gables, 33134 $1,605,000 1,544 SF $1 03/22/2024
1015 Venetia Ave, Coral Gables, 33134 $1,600,000 3,285 SF $487 08/09/2024
1414 Lisbon St, Coral Gables, 33134 $1,535,000 1,435 SF $1 08/07/2023
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