731 Minorca Avenue listed by Jeannett Slesnick hit the market with a description that read:
“Stunning, updated/expanded home close to CG Country Club and downtown Gables. Enter large foyer, then step into LR with carved stone fireplace & cathedral ceiling. Formal DR leads to the Fam Rm that opens to a covered back porch and lushly landscaped/lighted back yard. The new kitchen has breakfast area, plus dining counter. 3 large bdrms/2 baths. Master is huge with walk-in closet. Like a brand new home as most major updates have been completed including impact windows. FIRM PRICE OR ABOVE LIST PRICE EXPECTED“
They weren’t joking with that caveat! The home went under contract in days and sold $84,000 above asking price. This was a 1930’s home that had been well updated and expanded. It offered 2,954 square feet of living space on a 11,250 square foot lot with 3 bedrooms, 2 baths. Special features included carved stone fireplace, cathedral ceilings & impact windows and doors. The home closed for $1,180,000.
With inventory so low in today’s market, a well priced home garners a huge amount of interest and typically sells at or above list price.
The Coral Gables real estate market is changing on a daily basis. If you are interested in buying or selling and want to work with an experienced Realtor who knows the numbers and tracks the sales, please contact me directly at 305-342-1623.