Archive for the 'Coral Gables Condos' Category
Deering Bay 2009 Market Review
January 15th, 2010 Categories:Coral Gables Condos
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.
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.
New Listing in The Biltmore
January 5th, 2010 Categories:Coral Gables Condos
A penthouse listing came on the market in The Biltmore this week. The owners paid $930,000 for it and put $100,000 into the unit. It is currently priced at $799,000.
Details of 600 Biltmore Way, Coral Gables, FL Unit #108:
- 2,710 square feet of living space
- 3 bedroom, 3.5 baths + maids room
- Incredible views of The Biltmore Hotel, Coconut Grove
- Broker is EWM Realtors, Inc.
If you are interested in buying or selling real estate in Coral Gables give me a call at 305.342.1623 or email at smith.r@ewm.com.
To search all residences for sale in The Biltmore, Coral Gables click here.
New Listing in The Gables Club, $1,495,000
December 30th, 2009 Categories:Coral Gables Condos
Located in Tower 1, Unit 12F has just come back on the market at a reduced price of $1,495,000 (previously $1,650,000). This gorgeous 3 bedroom, 3 bath unit features views of Biscayne Bay and Key Biscayne, 3,000 square feet of living space, gourmet kitchen, his and hers master baths, large closets, breakfast room, guest bedroom plus bath as well as third bedroom, den/office. Unit also comes with 2 parking spaces.
Broker is Coldwell Banker.
If you are interested in buying or selling real estate in Coral Gables, give me a call at 305.342.1623 or email at smith.r@ewm.com.
Gables Club – Sold For $1,200,000
December 21st, 2009 Categories:Coral Gables Condos
Unit 8E in Tower 2 of The Gables Club closed recently at a sales price of $1,200,000. The unit has been on and off the market over the past few years with a list price of $1,550,000. The sales price per square foot was $387.00.
Features of Gables Club, Unit 8E are:
- Coveted “E” Florplan
- 3 bedrooms, 3.5 baths
- 3,100 square feet of living space
- Library/Office
- Wood, stone flooring
- Gorgeous millwork and custom built ins
- Master Suite with his/hers baths
- City and Bay Views
If you are interested in buying or selling real estate in Coral Gables, please give me a call at 305.342.1623 or via email at smith.r@ewm.com.
High End Condos/Townhouses In Downtown Coral Gables
December 19th, 2009 Categories:Coral Gables Condos, Coral Gables Townhouses
My wife and I went out to dinner in Coral Gables last night at Por Fin, a spanish tapas restaraunt that we found to be excellent. We purposely parked several blocks away so that we could have a walk down Ponce before and after our meal. Our night reminded me how great the downtown area of Coral Gables is in the evening. There were people everywhere, young and old who were out enjoying what the Gables had to offer. That is something you can’t find in many places, a thriving city in the day and night.
It made me think about the real estate market in downtown Gables. How much it has changed over the years. But I think that many people don’t realize that there are several high end condos/townhouses that are currently being built or recently completed that are sure to change the real estate market in downtown Coral Gables even more.
Old Spanish Village, 162 Palermo Avenue
This is a luxury community of townhouses and mid-rise condominiums still under contstruction that will feature cobblestone streets, hidden fountains and gas street lamps. There is currently a 4 bedroom, 4 bath townhouse on the market for $1,700,000.
Ponce Tower, 1805 Ponce de Leon Boulevard
Ponce Tower is a high rise condominium that was completed in 2008. It is located directly adjacent to Coral Gables Elementary. It is a high end luxury condominium with all of the amenities that you would expect, concierge, pool, gym, gameroom etc. The penhouse unit is on the market for $1,300,000 but other units are on the market in the $700,000 range.
Villa Alhambra, 50 Alhambra
Villa Alhambra is a gated enclave of 36 villa type residences, completed in 2008. Special features of these units include grand master bath, large balcony and terraces, 10 foot ceilings. Prices in Villa Alhambra are in the $500,000’s.
If you are interested in buying or selling real estate in Coral Gables area, please give me a call at 305.342.1623 or send me an email at smith.r@ewm.com.
The Gables Club Condo Market Update
December 14th, 2009 Categories:Coral Gables Condos
Here is a quick snapshot of the real estate market in The Gables Club, a luxury waterfront residence that consists of two high rise buildings (Tower 1 and Tower 2).
There are currently 25 units for sale total, (1o of them are located in Tower 1, the other 15 are located in Tower 2). Prices range from $898,000 to $16,000,000. To see all condos for sale at The Gables Club, please click here.
There have been 2 units sold this year in Tower 1. The first was a 3rd floor unit with 2 bedrooms, 3 baths 2,590 square feet that sold for $650,000. The second was a 4th floor unit with 2 bedrooms, 3 baths, 2,570 square feet that sold for $800,000. This unit, compared to the first, had been completely updated and renovated.
In Tower 2 there have been 3 sales so far in 2009. The first was a bayview unit on the 7th floor that featured 2 bedrooms, 3 baths and 2,960 square feet which sold for $1,400,000. The second was also a bayview unit, on the 9th floor and featured 2 bedrooms, 3 baths and 2,960 square feet which sold for $1,262,000. The last and final sale during 2009 at The Gables Club was a “Guest Suite” on the ground floor that featured 450 square feet and 2 bedrooms which sold for $300,000.
Prices vary greatly at The Gables Club due to the fact that some units have waterviews and some units have been completely renovated on the interior. As would be expected, the Units in Tower 2 tend to be priced higher due to the fact that it was built almost 7 years after Tower 1.
If you are interested in buying or selling real estate in Coral Gables, please feel free to contact me on my cell at 305.342.1623 or send me an email at smith.r@ewm.com
Condo Flip In Deering Bay
December 10th, 2009 Categories:Coral Gables Condos
I was going over some of the recent transactions in Deering Bay and came across Unit 117 in the Venice condo building. Unit 117 happens to be the former residence of Joe DiMaggio but that is not the interesting part about this unit. The previous owners sold the condo to the current owners for $550,000 back in May of 2009 (the property was never listed on the MLS), and the current owners have just listed it at $829,000. It is obvious that this was purchased as an investment, and I’d say that in the end their ROI will be substantial.
If you are interested in purchasing or selling real estate in Deering Bay, Coral Gables, or other Miami areas please give me a call at 305.342.1623 or via email at smith.r@ewm.com.
Deering Bay Market Snapshot
December 10th, 2009 Categories:Coral Gables Condos, Coral Gables Waterfront Properties, Uncategorized
Deering Bay in Coral Gables is a spectacular gated golf and waterfront community, it is high end luxury at its finest. I was over at Deering Bay recently with clients and the views are spectacular, the grounds are perfectly kept and the staff is extremely gracious.
What is For Sale in Deering Bay, Coral Gables?
There are currently 16 properties on the market in Deering Bay. The condos begin at $829,000 and the villas begin at $999,000. Click here to view all properties currently available in Deering Bay.
What has Sold This Year In Deering Bay, Coral Gables?
There have been 6 closed sales so far this year in Deering Bay, the average selling price is $999,000 and the average sales price per square foot is $311.00.
Are there Foreclosures or Short Sales In Deering Bay?
There are not any foreclosures or short sales currently for sale in Deering Bay, and there has been only one foreclosure sale this year. The unit went under contract the day it came on the market. It was priced at $619,000 and it sold for $590,000 (featured 3 bedrooms and 3 baths).
If you are in interested in buying or selling property in Deering Bay, or anywhere in Miami, please give me a call here or send me an email at smith.r@ewm.com
