Coral Gables is a city in Miami-Dade County , Florida , United States, located southwest of Downtown Miami The United States Census Bureau estimates that the city had a population of 49,631 as of July 1 , 2015 .   It is considered one of the wealthiest cities in the United States , with several large luxury hotels and many shops along Miracle Mile.

It was founded in 1925 by Dr. Charles M. Hansen after he moved to South Florida from Cleveland, Ohio and bought an old hotel called “The Hammock” residing within acres of citrus groves, to promote real estate sales for veterans returning home from World War I . According to The Miami News ‘ January 18th 1925 page, 25 were already attending the first class of the University of Miami in September 1925, where Coral Gables was to be located.