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Coral Gables Foreclosure Property Sells Above List Price

January 23rd, 2014 Written By

Coral Gables Real Estate – Coral Gables Real Estate Blog

Foreclosure homes in Coral Gables are few and far between.  When they do hit the market, they typically sell for cash and over list price.  The home at 5230 Alhambra Circle is no exception; it was pending in less than 10 days.  The property offered 3,145 square feet of living space on a 11,025 square foot lot with 4 bedrooms, 2 baths.  It was listed for $797,000 and closed for $808,084.  As with many foreclosure homes, the buyers had to...Continue Reading!

Charming Starter Home Under $500,000 Hits The Market In Coral Gables

January 22nd, 2014 Written By

Coral Gables Real Estate – Coral Gables Real Estate Blog

It is not easy to find a home that is charming and updated in Coral Gables for under $500,000.  That is one reason why the property at 328 Cadima Avenue will go fast.  This 3 bedroom, 2 bath home just came on the market for a list price of $475,000.  The owners recently purchased the home for $430,000 back in August of 2013 but have been relocated and now have to sell.  Broker is Coldwell Banker. There are only 26 homes...Continue Reading!

The Golden Triangle Market Update

January 19th, 2014 Written By

Coral Gables Real Estate – Coral Gables Real Estate Blog

The "Golden Triangle" neighborhood of Coral Gables is situated just east of The Biltmore Golf Course.  Due to its' ideal location, homes here tend to sell quickly and for a slightly higher price than comparable homes in other Coral Gables neighborhoods. There are currently 5 homes for sale in The Golden Triangle.  They start at $750,000 and go up to $1,750,000. Check out details of the homes for sale in The Golden Triangle: 3815 Toledo | 4 Bedrooms, 4 Baths | 3,990 Square...Continue Reading!

Beautiful Old Spanish Home Hits The Market

January 16th, 2014 Written By

Coral Gables Real Estate – Coral Gables Real Estate Blog

When you think of Coral Gables, you think of Old Spanish architecture.  It is the most prominent style that you will find throughout the City of Coral Gables whether you are downtown or on a residential street.  It is also one of the most requested types of homes that buyers here are looking for. I want to share this beautiful Old Spanish home that just came on the market because it will go fast!  2315 Granada Boulevard has all of the...Continue Reading!

Relocating To Coral Gables? Let Us Give You A Tour!

January 14th, 2014 Written By

Coral Gables Real Estate – Coral Gables Real Estate Blog

Because of our large online presence, we are contacted by clients from all over the world who are looking to relocate to South Florida.  While the process may seem daunting at first, we are here to make the transition seamless and stress-free. One thing we really love to do here at The Riley Smith Group is to show off our wonderful community.  We often give buyers who are not familiar with the area a tour of some of our favorite spots...Continue Reading!

Coral Gables Has Record Breaking Year In 2013!

January 8th, 2014 Written By

Coral Gables Real Estate – Coral Gables Real Estate Blog

The 2013 Coral Gables real estate figures are in!  I waited a few days to let the last few closed sales trickle in but I am thrilled to report that Coral Gables had a record breaking year with 629 homes sold and an incredible $690,120,602 worth of volume.  Both of these figures exceed any other year on record in Coral Gables.  In fact, the number of homes sold in 2013 was twice the amount sold in 2007. The breakdown of closed...Continue Reading!

Miami Heat’s Juwan Howard Buys In Journey’s End

January 6th, 2014 Written By

Coral Gables Real Estate – Coral Gables Real Estate Blog

Former Miami Heat basketball player and current assistant Coach, Juwan Howard, recently purchased the property at 9440 Old Cutler Lane in the gated community of Journey's End.  The home offers 5 bedrooms, 4.5 baths with 5,409 square feet of living space on a 1.7 acre lot.  The home was listed for $3,995,000 and sold for $3,400,000.  Property was listed by Shelton and Stewart.  Juwan Howard sold his Gables Estates home back in 2012 for $10,050,000. Journey's End is a very exclusive...Continue Reading!

SOLD In 10 Days By The Riley Smith Group!

January 3rd, 2014 Written By

Coral Gables Real Estate – Coral Gables Real Estate Blog

Congratulations to our seller who recently closed on his house located at 1930 County Club Prado in Coral Gables.  We listed the home in October and placed it under contract within 10 days.  The home sold for $1,125,000 which is $414.00 per square foot.  It offered 2,714 square feet of living space with 4 bedrooms, 2.5 baths. If you are curious about the value of your Coral Gables home in today's changing  market and would like to work with a realtor...Continue Reading!

Highest Sale Price In 2013 For Gables Club

January 1st, 2014 Written By

Coral Gables Real Estate – Coral Gables Real Estate Blog

During the last few days of 2013, Unit 12-AC at The Gables Club sold for $4,750,000 ($633.00/sq. ft.) making it the highest sale price the building saw all year.  This particular unit was a combination of the A and C floor plans and recently completed a $2,000,000 renovation with Constantin Georges as the designer.  The unit offered 7,500 square feet of living space and 5 bedrooms, 6.5 baths.  The average "Sale Price/Sq. Ft." for condos sold at The Gables Club...Continue Reading!

Waterfront Homes In Coral Gables Have Not Risen In Value

December 30th, 2013 Written By

Coral Gables Real Estate – Coral Gables Real Estate Blog

One of the only segments of the real estate market in Coral Gables that has not increased in value during 2013 is waterfront homes.  You may remember my recent post about the values of waterfront homes in Cocoplum which remained stable between 2012 and 2013.  The trend also applies to the rest of the waterfront homes in Coral Gables.  Check out the chart above which shows all waterfront homes sold between 2010 and 2013.  You will see they made a...Continue Reading!

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