Short Sale Turned Foreclosure Sells On Hammock Lake

hammock lake, coral gables

The home I wrote about last year on Hammock Lake which was listed for $3,500,000 closed yesterday for full asking price.  It was initially a short sale priced in the $4,000,000′s but in November the home turned into a foreclosure and the price was reduced to $3,500,000.  After the price reduction they had a contract on the home in a matter of weeks.  

Details: 9001 Banyan Drive was a brand new construction home that offered 9,556 square feet of living space with 7 bedrooms, 7 baths on a 43,000 square foot lot and offered beautiful lake views.  Broker was Coldwell Banker.

If you are interested in buying, selling, building or renting and are looking for a real estate agent who specializes in Coral Gables, please feel free to contact me at 305.342.1623 or send me a note here.

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