Land In Coral Gables Sells For $58.00/Square Foot

September 8th, 2014 Written By


Categorized under Coral Gables Real Estate

Land for sale in Coral Gables

With home prices on the rise, developers are circling Coral Gables real estate looking for opportunities to build.  The property at 6505 Castaneda Street sold for full price in just 2 days after hitting the market.  The property offered 17,078 square feet of land in a prime location.  Although there was a structure on the lot, the property sold for land value at $1,000,000 or $58.00/square foot.  Listed by Dee Quintero of EWM Realty.

Currently in Coral Gables the average sale price per square foot of non-waterfront lots is $55.00, while the average waterfront lot is selling for over $100.00 per square foot.

There have been 14 other lots sold in Coral Gables this year, see details below:

  1. 2 Arvida Parkway | Sale Price: $6,125,000 | Waterfront and Gated Community | $161.00/Sq. Ft.
  2. 10350 Old Cutler Road | Sale Price: $1,300,000 | $29.00/Sq. Ft.
  3. 1507 Cordova Street | Sale Price: $600,000 | $55.00/Sq. Ft.
  4. 432 Madeira Ave. | Duplex Lot | Sale Price: $425,000 | $42.00.Sq. Ft.
  5. 450 Como | Sale Price: $1,500,000 | $60.00/Sq. Ft.
  6. 6975 Sunrise Terrace | Sale Price: $5,000,000 | Waterfront and Gated Community | $187.00/Sq. Ft.
  7. 2 Arvida Parkway | Sale Price: $6,159,000 | Waterfront and Gated Community | $112.00/Sq. Ft.
  8. 111 San Souci Drive | Sale Price: $950,000 | $55.00/Sq. Ft.
  9. 816 Paradiso Avenue | Sale Price: $600,000 | $71.00/Sq. Ft.
  10. 4940 Hammock Lake Dr. | Sale Price: $1,830,000 | $36.00/Sq. Ft.
  11. 145 Leucadendra Dr. | Sale Price: $7,000,000 | Waterfront and Gated Community | $193.00/Sq. Ft.
  12. 0 Cantoria Ave | Sale Price: $650,000 | $59.00/Sq. Ft.
  13. 0 Calibira Ave | Sale Price: $490,000 | $75.00/Sq. Ft.
  14. 12 Sorolla Ave | Sale Price: $470,000 | $62.00/Sq. Ft.
We are Coral Gables real estate specialists.

If you are interested in buying or selling real estate in Coral Gables, we would love the opportunity to work with you.  We can be reached anytime at 305-342-1623 or by sending us a message here.

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Top Broker In Coral Gables | EWM Realty International Ranks #1

August 26th, 2014 Written By


Categorized under Coral Gables Real Estate

Top Broker In Coral Gables

With so many real estate brokerage firms out there, it can be hard to find the best company who will give your home the most exposure and offer the best service.  I am proud to announce that my firm, EWM Realty International, is the #1 top choice for buyers and sellers in Coral Gables.  Check out the chart above which shows that we dominate the Coral Gables real estate market.

How do we do it? We combine traditional marketing channels and cutting edge strategies to reach maximum exposure.  Through our affiliation with Christie’s Great Estates we have a network of more than 25,000 agents across 40 countries offering an unmatched level of global viability.   Our listings are also showcased on LuxuryPortfolio.com which is an award-winning website marketing over 25,000 listings and featuring more $1,000,000+ homes than competitor sites.

For our buyers, EWM Realty International has a relocation team to help streamline the moving process reducing stress, energy and money.

Above all that, we are known for having top-notch, professional agents who will do whatever it takes to help you find the right home, or get yours sold.

If you are interested in learning about the benefit of hiring an EWM real estate agent and would like a no pressure buyer or seller consultation, please contact me directly at 305-342-1623 or send me a message here.

Pocket Listing In North Gables!

August 21st, 2014 Written By


Categorized under Coral Gables Real Estate

Coral Gables Home For Sale

I wanted to give our blog reader’s the first opportunity at a Coral Gables listing we have coming online after Labor Day.  This great North Gables home has tons of curb appeal. The home offers 3 bedrooms, 2 bathrooms and brand new hardwood floors.  Please call our luxury real estate specialist Liz Perdigon at 786-543-5777 if you would like more information.

We are Coral Gables real estate specialists.

If you are interested in buying or selling real estate in Coral Gables, we would love the opportunity to work with you.  We can be reached anytime at 305-342-1623 or by sending us a message here.

Visit Our Other Miami Real Estate Blogs:
Coconut Grove Real Estate | Brickell Condo Blog Key Biscayne Real Estate

Coral Gables Waterfront Homes | Market Update

August 19th, 2014 Written By


Categorized under Coral Gables Waterfront Homes

Coral Gables Waterfront Homes

I was doing an analysis of Coral Gables waterfront homes for a client of mine and created these charts to show him where the market has been over the past few years.

As you can see, prices are up significantly this year and have made a nice recovery from the drop we experienced in 2013. Right now Coral Gables waterfront homes are selling over $600.00/square foot.  These are some of the highest average figures we have seen in the history of Coral Gables real estate.  Keep in mind that prices can vary drastically depending on the type of waterfront home you are looking for.  Homes that have direct bay views, for example, are selling over $800.00/square foot while those with limited ocean access can come in as low as $400.00/square foot.

Coral Gables Waterfront Homes In Coral Gables

The market is changing rapidly and it is more important than ever to use a knowledgeable, experienced Realtor.  If you are interested in setting up a buyer or seller meeting with us, please contact me directly at 305-342-1623 or send us a message here. 

Coral Gables Homes Have Increased $1,300 Per Day This Year!

August 13th, 2014 Written By


Categorized under Coral Gables Real Estate

Santa Maria

If you have been on the fence about buying a home, then this figure will certainly light a fire under you.  Per my calculations, the average home in Coral Gables has increased an astonishing $1,300 per day every day this year.   If that doesn’t make you want to get something under contract NOW, then I don’t know what will.  The market is showing no signs of slowing down and if you wait another 6 months the home you can afford today may be out of your price range.

Home values are rising at a quick pace.  Last year, the average home in Coral Gables sold for $1,082,454 and this year they are selling for an average of $1,373,806.  They have also increased from $332.00/square foot last year, up to $379.00/square foot this year.

Coral Gables isn’t the only city in South Florida which is seeing gains.  According to the Miami Association of Realtors, median sales prices increased by 6% in June compared to the same month last year and the number of sales increased by 2%.

The market is changing rapidly and it is more important than ever to use a knowledgeable, experienced Realtor.  If you are interested in setting up a buyer or seller meeting with us, please contact me directly at 305-342-1623 or send us a message here.

 

 

Former Housewives Of Miami Star Ana Quincoces Lists Coral Gables Home

August 4th, 2014 Written By


Categorized under Coral Gables Real Estate

Realtorcom snapshot

Realtor.com reported last week that the former Real Housewives of Miami star Ana Quincoces listed her Coral Gables home for $2,400,000.  Located at 3310 Alhambra Circle next to the historical Biltmore Hotel and Golf Course, this property offers 4,369 square feet of living space on a 1/2 acre corner lot.  The home is American Colonial style and features a grand foyer with a stunning parquet compass star as the focal point. Some of the special features of the home include a gourmet kitchen which opens into a spacious family room, formal living and dining room and a large terrace perfect for entertaining which overlooks the sparkling pool and lush, private gardens.  The property is listed by Meg DelValle and Leslie Jones of EWM Realty International.

We are Coral Gables real estate specialists.

If you are interested in buying or selling real estate in Coral Gables, we would love the opportunity to work with you.  We can be reached anytime at 305-342-1623 or by sending us a message here.

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Golf Lovers Wanted! New Listing On Santa Maria Street In Coral Gables

July 28th, 2014 Written By


Categorized under Coral Gables Golf Course Homes, Coral Gables Real Estate

Home For Sale On Santa Maria Street In Coral Gables

Real estate is all about location and in Coral Gables location doesn’t get any better than Santa Maria Street.  Santa Maria is one of the most coveted streets in Coral Gables.  Bordered by the Riviera Country Club Golf Course on either side and shrouded in a lush tree canopy, it is known for its grand homes offering tons of charm and character.

Great Room On Santa Maria Street, Coral Gables

I wanted to let you know about a new listing which has just come on the market on Santa Maria.  This Palm Beach Mediterranean style estate offers endless views of the golf course spanning 4 fairways, a central foyer opening to a 2 story great room with dramatic open beamed ceilings, storybook fireplace and a covered loggia for enjoying the Miami weather year round.  The home is located on a large 18,750 square foot lot with extra space for a guest house, pool or addition.

Santa Maria Street, Coral Gables

Details of 4209 Santa Maria Street:

  • 5,300 Square Feet Of Living Area
  • 4 Bedrooms, 4 Bathrooms, 1 Half Bath
  • 2 Car Garage
  • Offered at: $2,875,000
  • Listed by Nancy Iliffe of Shelton and Stewart

Another Sale On Tahiti Beach! | 4 Tahiti Beach Island Road Sells For $18,000,000

July 24th, 2014 Written By


Categorized under Coral Gables Gated Communities, Coral Gables Real Estate, Coral Gables Waterfront Homes

Home For Sale On Tahiti Beach, Coral Gables

You may remember my recent post about Miami Heat star Ray Allen purchasing a home on Tahiti Beach for a reported $11,000,000.  This was the first sale in the exclusive gated community of Tahiti Beach this year.   But now another sale has just come across the wire located at 4 Tahiti Beach Island Road.  This home offered 21,235 square feet of living space on a 62,051 square foot lot with 10 bedrooms, 10.5 baths with a private beach, expansive bay views, soaring ceilings, wine cellar, media room with theater seating, meditation room, elevator and much more.  The sale price was $18,000,000.  Congratulations to the listing agent Saddy Delgado of One Sothebys.

This sale also a record setter for 2014.  At $18,000,000 it is currently the highest sale price Coral Gables has experienced for a single family home this year.

We are Coral Gables real estate specialists.

If you are interested in buying or selling real estate in Coral Gables, we would love the opportunity to work with you.  We can be reached anytime at 305-342-1623 or by sending us a message here.

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Homes Under $1,000,000 Sell Faster And Closer To List Price In Coral Gables

July 22nd, 2014 Written By


Categorized under Coral Gables Real Estate

calculator

I was doing some research on the $1,000,000 and below market in Coral Gables and uncovered some interesting statistics.  So far in 2014, homes that had sale prices under $1,000,000 had an average “Sale Price to List Price” ratio of 95% and sold in an average of 66 days.  This figure varies drastically from the homes that sold for $1,000,000 and higher which had an average “Sale Price to List Price” ratio of 90% and sold in an average of 114 days.

The “Sale Price to List Price” ratio gives buyers a sense of how negotiable sellers are in the current market.  One reason that the ratio is so high for the $1,000,000 and below market is due to the fact that inventory is limited and demand is high for this segment of the market.  Buyers in this price range understand that they have to come in with a strong offers in order to secure the home.

We are Coral Gables real estate specialists.

If you are interested in buying or selling real estate in Coral Gables, we would love the opportunity to work with you.  We can be reached anytime at 305-342-1623 or by sending us a message here.

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4 Homes Sold In The Platinum Triangle This Year

July 16th, 2014 Written By


Categorized under Coral Gables Real Estate, The Platinum Triangle

Platinum Triangle, Coral Gables

The Platinum Triangle is an area of Coral Gables that is highly desirable due to its convenient location between Old Cutler Road and Ponce de Leon Boulevard.  Homes in The Platinum Triangle tend to get snapped up very quickly and sell for a premium compared to other Coral Gables neighborhoods.  There have been 4 homes sold in The Platinum Triangle this year.  They closed for an average sale price of $954,000 or $372.00/sq. ft. (other non-waterfront homes in Coral Gables have sold this year for an average sale price/sq. ft. of $318.00).

  1. 740 Tibidabo Avenue | 4 Bedrooms, 3 Bathrooms | Listed by EWM | Sale Price: $1,150,000
  2. 731 Santurce Avenue | 4 Bedrooms, 4 Bathrooms Listed by One Sothebys| Sale Price: $999,000 (FULL PRICE!)
  3. 615 Santurce Avenue | 3 Bedrooms, 3 Bathrooms Listed by EWM | Sale Price: $960,000
  4. 7350 Mindello Street | 3 Bedrooms, 2 Bathrooms Listed by EWM | Sale Price: $710,000

There are currently 6 homes available for sale in The Platinum Triangle, view details of these properties below:

  1. 7030 Almansa Street | 4 Bedrooms, 4 Bathrooms | Listed by Coldwell Banker | List Price: $2,199,000
  2. 610 Gondoliere Avenue | 5 Bedrooms, 5.5 Bathrooms | Listed by EWM |  List Price: $1,999,000
  3. 7028 Mindello Street | 6 Bedrooms, 4 Bathrooms | Listed by EWM | List Price: $1,799,000
  4. 611 Tiziano Avenue | 4 Bedrooms, 3 Bathrooms | Listed by Coldwell Banker | List Price: $1,265,000
  5. 500 San Juan Drive | 3 Bedrooms, 2 Bathrooms | Listed by EWM | List Price: $1,150,000
  6. 521 San Juan Drive | 3 Bedrooms, 2.5 Bathrooms | Listed by Coldwell Banker | List Price: $1,087,000

We are Coral Gables real estate specialists.

If you are interested in buying or selling real estate in Coral Gables, we would love the opportunity to work with you.  We can be reached anytime at 305-342-1623 or by sending us a message here.

Visit Our Other Miami Real Estate Blogs:
Coconut Grove Real Estate | Brickell Condo Blog Key Biscayne Real Estate

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