150 Edgewater Drive Sells For $7,500,000

February 15th, 2013 Written By Riley Smith

The owners of 150 Edgewater Drive garnered an unbelievable price for this partially completed new construction home on the Gables Waterway.  Sale price was $7,500,000.  The home was not located in a gated community and did not have direct bay views.  However, part of its value came from the large 36,960 square foot lot and 13,746 square feet of living area. 

The estimated cost to finish the house was $1,261,000.

This is the highest priced home to sell in the past 18 months in Coral Gables that was not located in a gated community.

We know Coral Gables real estate. If you are interested in buying, selling, building or renting and are looking for Realtors who specialize in Coral Gables, please feel free to contact us at 305.342.1623 or send us a note here.

The Coral Gables Real Estate Vault is the most comprehensive source for real estate information in Coral Gables. Read the latest news, statistics and opinions on our market or browse the latest listings in our Coral Gables Gated Communities, Waterfront Homes, Land For Sale, Foreclosures, Short Sales and more.

RECEIVE OUR BLOG POSTS DIRECTLY TO YOUR INBOX!

Don’t Miss Today’s News From Our Other Real Estate Blogs:

http://www.TheRealEstateCoconut.com

http://www.BrickellCondoBlog.com

Leave a Reply

Copyright ©     Log in     Design by Real Estate Tomato     Powered by Tomato Real Estate Blogs