Is Coral Gables Worth Building a Padel Center In?

As of November 2026, Padelnomics counts 2 padel clubs in Coral Gables, United States, or 11.7 padel courts per 100,000 residents, in a city of about 51,000 residents. Its Padelnomics Score, our rating of the opportunity for a new club, is 72 out of 100. Source: Padelnomics, from booking platforms, public map data and official population statistics.

Padel Venues
2
padelnomics Score
72.0/100
Courts/100K
11.7
Population
51K
Key takeaway: Coral Gables is a standout investment opportunity — strong demand signals, meaningful supply gaps, and unit economics that support new builds.

Yes — Coral Gables ranks among the most promising locations in United States with a padelnomics Score of 72.0/100. This page breaks down what a padel investment in Coral Gables costs, what it returns, and how the local market compares — with a financial model you can adjust to your scenario.

The question that matters: given current pricing, occupancy, and build costs, what does a padel investment in Coral Gables actually return? The financial model below uses the national court prices and occupancy for United States and the country's build costs; the figures measured in Coral Gables itself are in Research.

What Does a Padel Investment Cost in Coral Gables?

On national figures for United States, here is what a padel center investment in Coral Gables looks like:

Coral Gables, US Investment Breakdown
Item Amount Detail
Padel Courts $28,000 1×dbl + 0×sgl
Shipping $3,390
Floor Preparation $14,000
HVAC Upgrade $23,000
Lighting Upgrade $11,000
Fit-Out & Reception $45,000
Permits & Compliance $14,000
Equipment $2,599
Working Capital $17,000
Miscellaneous $6,780
Contingency (10%) $16,477
Total CAPEX $181,246
Per Court $181,246
Per m² $386
LTV 0%
Equity $181,246
Loan $0
Total $181,246

Construction costs vary significantly depending on whether you build an indoor or outdoor facility. Indoor halls in United States run considerably higher — structural build, ventilation, and lighting drive the cost. Outdoor courts are cheaper to construct but limit your operating season and revenue potential. The number of courts is the single biggest lever on total investment: each additional court lowers the per-court cost, but increases your total capital at risk.

Revenue Potential in Coral Gables

Coral Gables, US Revenue & Operating Costs

Revenue Model

Weighted Rate $65/hr
Utilization Target 30%
Booked Hours/mo 139

Monthly OPEX

Item Monthly Detail
Rent $2,115 470m² × $4.5/m²
Insurance $350
Electricity $675
Heating $450
Water $150
Maintenance $350
Cleaning $350
Marketing / Software / Misc $400
Staff $1,150 1 × $1150
Total Monthly OPEX $5,990

Monthly Summary

Gross Revenue $10,256
Booking Fees −$908
Net Revenue $9,348
Operating Costs −$5,990
EBITDA $3,358
Debt Service $0
Net Cash Flow $3,358

Revenue depends on three factors: court rental pricing, occupancy rates, and ancillary income (coaching, retail, food & beverage). Utilisation swings sharply by time of day and season — evenings and weekends tend to run at or near capacity, while weekday mornings and afternoons have idle courts. Per-venue median hourly rates, booked occupancy over time, and the spread across facilities are part of Padelnomics Research — the inputs above are calibrated from that data.

Financial Returns

Coral Gables, US Returns & Financing

Return Metrics

IRR (5yr) 23.4%
MOIC 2.42x
Payback 59 months
Cash-on-Cash 23.1%
Yield on Cost 24.1%
EBITDA Margin 36%

Exit Analysis

Exit Value (6.0x EBITDA) $261,730
Remaining Loan $0
Net Exit $261,730

Financing

Loan Amount $0
Rate / Term 5.0% / 10yr
Monthly Payment $0

The return metrics above show how quickly your investment pays back and what long-term return you can expect. IRR (Internal Rate of Return) is the key metric — it accounts for the time value of money and lets you compare against alternative investments like real estate or equities. A payback period under 5 years is considered solid in the padel industry. These numbers use national figures for United States. Adjust the assumptions in the planner to model your specific scenario.

Adjust these numbers for your own plan → Model it in the Planner

Market Context

With 11.7 courts per 100K residents, Coral Gables has a relatively high padel density. This indicates a proven market with demonstrated demand — but also more competition for new entrants. Differentiation through location, facility quality, or pricing strategy becomes the key success factor.

Padel is growing rapidly across Europe — many markets are seeing venue counts double within a few years. The sport's relatively low barriers to entry (less space than tennis, faster learning curve for players) continue to drive expansion.

Coral Gables Market Overview

Metric Value
Courts 6
Courts per 100K residents 11.7
Venues 2
Venues per 100K residents 3.9
padelnomics Score 72.0/100
Data Confidence 100%

FAQ

Is Coral Gables a good location for a padel center?

Coral Gables scores 72.0/100 on the padelnomics Score, which evaluates investment potential based on supply gaps, catchment reach, market maturity, and sports culture. A score above 65 signals strong investment potential: meaningful catchment area, supply gaps, and a sports-oriented population. Use the Padelnomics planner to model your specific assumptions.

What is the return on investment for a padel center in Coral Gables?

ROI depends on build cost, court count, pricing, and occupancy assumptions. The defaults in the model above are calibrated from current market and booking data for Coral Gables; the specific city- and venue-level inputs (median rates, per-venue occupancy, price trends) are part of Padelnomics Research. Adjust the inputs in the planner to see how your scenario compares.

How much does it cost to build a padel center in Coral Gables?

Total investment depends on venue type (indoor vs outdoor), land costs, and local construction standards in United States. Typical benchmarks: an indoor court costs around $28,000 for court equipment plus building and fit-out; outdoor courts are significantly cheaper. Use the financial planner for a detailed Coral Gables cost breakdown.

How many padel courts are there in Coral Gables?

Coral Gables has 6 padel courts across 2 venues. With a population of 51K, that translates to 11.7 courts per 100,000 residents.

What are typical padel court rental prices in Coral Gables?

Padel prices in Coral Gables vary between peak and off-peak hours, indoor vs outdoor facilities, and facility quality. City- and venue-level medians, P25–P75 spreads, and occupancy rates are part of Padelnomics Research — the inputs in the financial model above are calibrated from that data.

How does Coral Gables compare to other United States cities?

Coral Gables's padelnomics Score of 72.0/100 reflects its investment potential among tracked United States cities. See the United States market overview for a full comparison across cities.

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Two questions worth settling first: how many courts fit on your plot? · will the site get permitted?


More United States padel markets: United States overview