Gables Estates, a small gated community located in Coral Gables just outside Miami, was named by Zillow as the most expensive neighborhood in the U.S. in 2024. Beverly Hills, California, which is now ranked No. 4, no longer holds that crown.
According to the report, 7 of the 10 most expensive neighborhoods are in the Sunshine State, including the top 3. Port Royal in Naples (No. 2) and Old Cutler Bay in Coral Gables (No. 3) have typical home values between $11 million and $15 million.
San Marino Island (No. 7), Palm Island (No. 9), and Rivo Alto Island (No. …