Archive for the 'Coral Gables Condos' Category

Which Condos Have The Highest Number Of Sales In Coral Gables?

Village1

For the most part, condominiums that have a high number of sales indicate that buyers see value in them.  Take a look at the condominiums in Coral Gables with the highest number of sales.

One Village Place, located just north of Merrick Park has had 14 sales this year (selling at an average of $365,000) making it the condominium with the highest number of units sold.  Others include The Biltmore II (6 sales at an average of $300,000), Ten Aragon (7 sales at an average of $263,000), The Minorca (7 sales at an average of $233,000) and The Gables Club (5 sales at an average of $1,370,000).

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

Spoken by Riley Smith | Please leave a comment.

Only 3 Sales All Year In Deering Bay, Could Association Fees Be The Problem?

DeeringBayDrive

The market in Deering Bay has been very slow this year.  There are currently 20 units on the market and there have only been 3 sales all year.   None of the units for sale or that have sold are in distress.  Although the value is very good in Deering Bay right now  (3 bedrooms selling under $800,000) buyers looking in this price point are typically not able to swallow their high association fees.

First sale was in the Siena Building, it was a 3 bedrooms/3 baths with 2,282 square feet of living space.  It was listed at $995,000 and sold for $927,500. 

The second unit that sold was in the Padua Building, this was also a 3 bedrooms/3 baths with 2,980 square feet of living space.  It was listed at $799,000 and sold for $720,000.

The final sale was located in the Venice Building which also sold for $720,000.  This unit featured 3 bedrooms/2 baths with 2,700 square feet of living space.

To view a list of all condos currently for sale in Deering Bay, please click here.

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

Spoken by Riley Smith | Please leave a comment.

Best Building In Deering Bay?

View In Deering Bay

I was having a chat with my Deering Bay specialist about the condo buildings in Deering Bay and we were discussing  her favorite, the Padua building.  Even though it is one of the older buildings she enjoys its open and airy atmosphere and appreciates the large closets.   But some clients still prefer the newer buildings in Deering Bay such as the Milano, the Sienna and the Verona which have traditional lobbies, gyms, and are generally more updated than units in the older buildings.   So in the end, if you are looking to purchase a condo in Deering Bay you should certainly take a look at what is available in all of the buildings as they each have something different to offer.

Here is information on condos available in Deering Bay.  If you are interested in buying or selling in Deering Bay and are looking for an experienced, knowledgeable realtor, please don’t hesitate to contact my team here or on my cell at 305.342.1623.

Spoken by Riley Smith | Please leave a comment.

Deering Bay: Sold For $1,378,000 in 2006, Now Asking $1,099,000

Deering Bay Condominium

We all know that most condominium buildings in South Florida have taken a big hit in the market crash.   But in Deering Bay, most of the units on the market are now asking much more than they sold for just a few years ago.

When doing some research for a client, I noticed that the owners of Unit #1001 in the Verona building are acutely aware of the market conditions.  They purchased the property for $1,378,000 in 2006 and are now asking $1,099,000.   The unit is updated with ebonized mahogany wood floors, silhouette and black out shades, new appliances, crown moldings and many more special features.  The unit has wonderful views of the Deering Bay Lagoon and golf course.  Other details include: 2,740 square feet of living space and 4 bedrooms, 3 baths.  Broker is Miami Real Estate.

As I have mentioned many times before, I have an agent on my team who lives in Deering Bay and specializes in Deering Bay real estate.  She offers a very unique perspective on the market and the community there.  If you are interested in seeing this condo or any other properties in Deering Bay please give me a call at 305.342.1623 or send me a note here, our team would be happy to assist you.

Spoken by Riley Smith | Please leave a comment.

Gables On The Green, Market Update

Gables On The Green

Two new listings came on the market recently in Gables On The Green.  The condominium was built in 2002 and all of the units have great views of the golf course, Gables canopy and the Miami skyline.   Gables On The Green is ideally located just steps from Miracle Mile and downtown Coral Gables.  

GablesOnTheGreenLivingRoomEdited

GablesOnTheGreenKitchenedited

The first unit (#1502) came on the market in January.  It is the lowest priced unit in the building at $1,025,000.  The unit features 3 beds, 3 baths and is located on the 15th floor with 2,100 square feet of living space.  Broker is Great Properties International. 

The second unit (#1203) came on the market last week at a price of $1,350,000.  This is also a 3 bedroom, 3 bath unit with 2,100 square feet but is located on the 10th floor.   Broker is EWM Realtors, Inc.

The last 3 bedroom to close in Gables On The Green was in 2008.  It was located on the 7th floor, had 2,100 square feet and sold for $750,000.

If you are interested in buying or selling real estate in Coral Gables and are looking for an experienced agent, please contact me at 305.342.1623 or send me an email here.

Spoken by Riley Smith | Please leave a comment.

Edgewater Drive In Coral Gables – Something For Everyone

Edgewater Drive, Coral Gables

Edgewater Drive is located at the mouth of the Coral Gables Waterway.  As far as real estate goes, there is something for everyone on this street.  You can find inexpensive non-waterfront condos on the north side of Edgwater and $16,000,000 penthouses on the south side.

Talking with residents of Edgewater Drive they tell me that they love the street for its proximity to Coral Gables and Coconut Grove.  The street also has a very residential feeling.  It is lined with trees and sidewalks, and is just steps from the recently renovated Sunrise Park.   The street is a haven for joggers and cyclists (including myself) on the weekend who try to avoid the traffic found on Ingraham Highway.

If you are in the market for condos in Coral Gables you should check out what is available on Edgewater Drive.  Condos for sale on Edgewater Drive.  Condos for rent on Edgewater Drive.

Spoken by Riley Smith | Please leave a comment.

Coral Gables Condo Sells For $666.00 PSF

The Gables Club

What was the highest “Price Per Square Foot” received for a Coral Gables condominium in 2009?  Was it a Penthouse in Deering Bay? No.  Was it a designer unit at Gables On The Green? No. 

In fact, the condominium that garnered the highest “Sale Price Per Square Foot” in 2009 was for a 450 square foot ground floor unit at The Gables Club.  This “Guest Suite” was available to Gables Club owners only and featured 2 bedrooms, 1 bath or/ 1 bedroom, 1 bath and den.  The space could be used for guests, staff or as an office.  It sold for $400,000.

Other sales in 2009 in the Gables Club were:

  • Tower 1 | Unit 4H | 2 bedroom, 3 bath | 2,570 square feet | Sale Price: $800,000
  • Tower 1 | Unit 3G | 2 bedroom, 3 bath | 2,590 square feet | Sale Price: $650,000
  • Tower 2 | Unit 9G | 2 bedroom, 3 bath | 2,960 square feet | Sale Price: $1,262.500
  • Tower 2 | Unit 104 – Guest Suite | 2 bedroom, 1 bath | 450 square feet | Sale Price: $300,000
  • Tower 2 | Unit 7G | 2 bedroom, 3 bath | 2,960 square feet | Sale Price: $1,400,000
  • Tower 2 | Unit 8E | 3 bedroom, 3.5 bath | 3,100 square feet | Sale Price: $1,200,000

If you are interested in buying or selling real estate in Coral Gables and are looking for an experienced local realtor, please give me a call at 305.342.1623 or send me a note here.

Spoken by Riley Smith | Please leave a comment.

Which Condos Are Selling In Coral Gables?

Avignon In The Gables, Coral Gables Condos

Avignon In The Gables

Buyers are finding value in the condominiums located in downtown Coral Gables and I can see why.   For $600,000 and under you can have a great property that is within walking distance to all of the top Gables restaraunts, bookstores and shops.  And if you work in Coral Gables the incentive is even higher.  Take a look at the closed condos this month that occurred in downtown Coral Gables.

  • Avignon In The Gables | 3 bedroom, 2.5 bath | Sale Price $540,000
  • Andalusia | 2 bedroom, 2.5 baths | Sale Price: $355,000
  • Ten Aragon | 2 bedroom, 2 bath | Sale Price: $295,000
  • Villa Zamora | 2 bedroom, 2 bath | Sale Price: $205,000
  • Ten Aragon | 1 bedroom, 1 bath | Sale Price: $162,000

Andalusia Avenue, Coral Gables

Andalusia Condominium

If you would like to work with an experienced realtor in the Coral Gables area, contact me at 305.342.1623 or send me a note here.

Spoken by Riley Smith | Please leave a comment.

Life at Deering Bay, Coral Gables

Deering Bay Golfer

Deering Bay is more than just a prestigious address.  The community of Deering Bay along with the Deering Bay Golf and Country Club offers its residents and members a unique lifestyle that is not available anywhere else in Coral Gables.  With an 18 hole Arnold Palmer Golf Course, 7 lighted Har-Tru tennis courts, fitness center, junior olympic size pool plus the Club’s member events, Deering Bay has enough activities to keep you busy all year long. 

Check out some of Deering Bay Country Club’s upcoming events:

Casino Night: January 24th, 2010
Book Club Meeting: February 10, 2010
Rally For The Cure: February 11, 2010
Tennis Couple’s Night Out: February 12, 2010
President’s Day Round Robin: February 15, 2010
Kids Tennis Clinic: March 29, 2010

I have a Deering Bay real estate specialist on my team who is a full time resident of Deering Bay.  She has a unique and intricate knowledge of the market there and would be happy to assist you in your real estate  needs.  To view all properties currently for sale in Deering Bay, click here.   If you are interested in buying or selling real estate in Deering Bay, call us at 305.342.1623 or send us a note here.  

Tennis at Deering Bay, Coral Gables

Spoken by Riley Smith | Please leave a comment.

Deering Bay 2009 Market Review

Deering Bay Golf Course

Deering Bay had a decent year in 2009 in terms of the amount of sales – selling roughly 50% of its inventory.  There were 8 condos and 1 estate home sold.  See below for all sales in Deering Bay in 2009.   Take a look at Padua and Venice, there were some very low priced 3 bedroom sales.

  • Padua, Unit 253, 4 bedrooms, 4.5 baths, 4,220 sq. ft., $1,465,000
  • Padua, Unit 236, 3 bedrooms, 3 baths, 2,980 sq. ft., $737,500
  • Padua, Unit 251, 3 bedrooms, 3 baths, 2,980 sq. ft., $590,000
  • Padua, Unit 265, 3 bedrooms, 3.5 baths, 3,190 sq. ft., $930,000
  • Siena, Unit 1204, 3 bedroom, 3 bath, 2,907 sq. ft., $1,150,000
  • Siena, Unit 501, 3 bedroom, 3 bath, 2,907 sq. ft., $1,350,000
  • Siena, Unit 604, 3 bedrooms, 3 baths, 2,907 sq. ft., $1,125,000
  • Venice, Unit 117, 3 bedroom, 3 bath, 2,750 sq. ft., $550,000
  • 13674 Deering Bay Drive, 6 bedroom, 6.5 bath, 5,600 sq. ft., $2,190,000 (Single Family)
  • To see all that is currently available in Deering Bay, click here.

    As always, if you are interested in buying or selling real estate in Coral Gables please feel to give me a call at 305.342.1623 or send me a note here.

    Spoken by Riley Smith | Please leave a comment.

    • Page 1 of 2
    • 1
    • 2
    • >
    Real Estate Blogs