Miami, Florida

Coral Way

A established residential neighborhood with a grand boulevard

Coral Way is an established residential neighborhood centered along the tree-lined Coral Way boulevard, connecting downtown Miami to Coral Gables. Known for its canopy of oak trees, mix of Mediterranean-style and mid-century homes, and convenient location between downtown and Coral Gables, Coral Way offers a suburban feel with a central location. The area is popular with families seeking a quiet, established neighborhood near major employment centers.

Population

~55,000

Median Age

~42

Avg. Home Price

~$650,000

Crime Level

Low

Demographics

Population~55,000
Median Age~42
Median Household Income~$75,000
Housing TypePredominantly single-family homes

Housing & Cost of Living

Average Home Price~$650,000
Average Rent~$2,100/month

The market ranges from modest mid-century homes to extensively renovated properties. The area offers good value for a central location between downtown and Coral Gables.

Crime & Safety

Overall Level: Low

Coral Way is a relatively safe neighborhood with crime rates below the city average, benefiting from its established residential character and active neighborhood associations.

Schools & Education

ElementaryCoral Way Elementary (rated above average)
Middle SchoolPonce de Leon Middle School area
High SchoolCoral Gables Senior High School area
Overall RatingAbove average depending on school

Miami-Dade County Public Schools serve the area and include several well-regarded options. Several private and magnet options are also available.

Pros & Cons of Living Here

Pros

  • Tree-lined Coral Way boulevard with mature oak canopy
  • Central location between downtown and Coral Gables
  • Established residential character with good schools
  • Mix of housing at accessible price points

Cons

  • Traffic on Coral Way and US-1 during peak hours
  • Car-dependent for most daily needs
  • Some older homes need updating
  • Less walkable than inner-city neighborhoods

Statistics are approximate estimates based on publicly available sources (US Census data, city records, real estate listings, and GreatSchools ratings) and are provided for general guidance only. Figures may change over time. Verify current data before making housing or relocation decisions.

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