Coral Gables Condos Category

The Gables Club Market Update

November 1st, 2010 Written By

Coral Gables Real Estate – Coral Gables Real Estate Blog

The Gables Club is one of the most exclusive condominium buildings in Coral Gables.  There have been 10 sales so far (+ 2 pending) this year selling at an average of $478.00 per square foot.  The market in The Gables Club has picked up since last year where we had only 6 sales selling at an average of $419.00 per square foot. Right now, there are 15 condos on the market in The Gables Club and all but one is priced over $1,000,000.  To view...Continue Reading!

Which Coral Gables Condos Have The Highest Maintenance Fees?

August 20th, 2010 Written By

Coral Gables Real Estate – Coral Gables Real Estate Blog

The highest maintenance fees in Coral Gables right now are not surprisingly in Deering Bay and The Gables Club.  Maintenance fees typically include water, sewer, garbage, trash removal and insurance.  But in the higher end buildings, you have other amenities such as health clubs, pools, marinas, tennis courts, valet parking and on site property management which add to the cost.  As the saying goes, you get what you pay for. Maintenance fees in Deering Bay vary depending on the size of your...Continue Reading!

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

July 16th, 2010 Written By

Coral Gables Real Estate – Coral Gables Real Estate Blog

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...Continue Reading!

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

July 7th, 2010 Written By

Coral Gables Real Estate – Coral Gables Real Estate Blog

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...Continue Reading!

Best Building In Deering Bay?

March 30th, 2010 Written By

Coral Gables Real Estate – Coral Gables Real Estate Blog

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...Continue Reading!

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

March 5th, 2010 Written By

Coral Gables Real Estate – Coral Gables Real Estate Blog

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.  ...Continue Reading!

Gables On The Green, Market Update

February 17th, 2010 Written By

Coral Gables Real Estate – Coral Gables Real Estate Blog

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.   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...Continue Reading!

Edgewater Drive In Coral Gables – Something For Everyone

February 15th, 2010 Written By

Coral Gables Real Estate – Coral Gables Real Estate Blog

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...Continue Reading!

Coral Gables Condo Sells For $666.00 PSF

February 8th, 2010 Written By

Coral Gables Real Estate – Coral Gables Real Estate Blog

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...Continue Reading!

Which Condos Are Selling In Coral Gables?

January 27th, 2010 Written By

Coral Gables Real Estate – Coral Gables Real Estate Blog

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...Continue Reading!

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