Pocket Of Homes In Coral Gables Garners Much Higher Prices
December 19th, 2009 Categories:Coral Gables Waterfront Properties
Doing some research for a client, I noticed that homes in the triangle between Sunset, LeJeune and US1 tend to have a higher value due to their proximity to the Gables Waterway (even though some are not even be located ON the waterway). The pocket of homes that I am discussing sits right at the fork of the Gables Waterway. Homes here currently range from $990,000 for a non-waterfront 4 bedroom, 4 bath on Riviera Drive all the way up to $10,000,000 for an 8 bedroom, 7 bath house on a 3 acre waterfront estate. The average list price per square foot of homes for sale in this area is $437.00 which is significantly higher than the rest of Coral Gables.
If you are interested in buying or selling real estate in Coral Gables please feel free to contact me at 305.342.1623 or via email at smith.r@ewm.com.
