Coral Gables Gated Communities Category
Although values in certain segments of the Coral Gables real estate market have flattened, we continue to see an increase in prices for homes sold in the gated community of Snapper Creek Lakes. Snapper Creek Lakes is a highly sought after gated community located west of Old Cutler Road. Homes here are very large and situated on over-size lots. Values have increased by 72% since 2012 which is great news for residents of Snapper Creek Lakes! List prices in Snapper Creek...Continue Reading!
If you love the water and are looking for a home with plenty of dock space, then you will love our listing in the gated community of Kings Bay Estates. "Paradiso" is an elegant Bermuda style Villa with grand interior spaces which are flooded with natural light. The home overlooks the Deering Bay Marina and a stunning deep water lagoon with direct bay and ocean access. A private 100' sea wall accommodates four 60' boats. A few of the features include...Continue Reading!
Back in May of 2015, auto-tycoon Alan Potamkin's spectacular Gables Estates residence at 1 Casuarina Concourse hit the market. Listed by The Jills of Coldwell Banker, the home featured 20,862 square feet of living space, 9 bedrooms, 10.5 baths, pool, gym, tennis court, 1,500 wine cellar, a professional chef's kitchen and 937' of water frontage. After nearly 1 year on the market, Potamkin has now divided the 3.6 acre lot that his current home is situated on and reduced the price...Continue Reading!
Waterfront homes in Coral Gables sell on average for $3,900,000 or $639.00/square foot (this includes homes in both gated and non-gated communities). These high prices are not within the budget for many buyers who are interested in waterfront properties. A lot of them end up buying a home on a dry lot and looking for dock space elsewhere in Miami. However, there is a place in Coral Gables where waterfront homes sell $1,000,000's below the average price. Where can you...Continue Reading!
Alan Potamkin, the owner of Potamkin Companies (who has an estimated net worth of over $150 million), has listed his Gables Estates home for $67,000,000. Located at 1 Casuarina Concourse, the home offers 9 bedrooms, 10 baths with 20,862 square feet of living area on 3.6 acres of waterfront land (937 feet of water frontage). Some of the special features include a gym, game room, nanny's quarters, tennis court, pool, guest house, private beach and boat dock with space for...Continue Reading!
The gated community of Old Cutler Bay has had a great start to 2015 with some very pricey sales. There have been 3 homes closed since January 1st totaling nearly $15,000,000 in volume. Another impressive figure is the sale of 9320 Gallardo Street which traded for $8,350,000 - the highest sale price in Old Cutler Bay in over 4 years. Listing agent was Toni Schrager of Avatar. Old Cutler Bay is a very prestigious gated community with spectacular waterfront homes situated...Continue Reading!
Hammock Oaks is a quiet, family friendly gated-community situated off of Old Cutler Road in Coral Gables. When you enter Hammock Oaks you will notice right away the lush vegetation that surrounds the homes and two large lakes which are the focal point of the community. While many of the homes are waterfront, they do not have access to the open water. However, there are some homes that come with a community dock space which does provide ocean access. There have...Continue Reading!
If you follow the real estate market in Miami, then you know that recently there has been one luxury home sale after another. First, news broke that a $30 million home was sold on Indian Creek, earlier this week a home sold in Coconut Grove for $11,000,000 and now in Coral Gables a home in the exclusive gated community of Gables Estates has closed for $17,200,000. The home in Gables Estates was located at 555 Leucadendra Drive offered 6 bedrooms and...Continue Reading!
We have seen values in Cocoplum rise significantly in 2014. The average "sale price per square foot" climbed from $489.00 in 2013 up to $537.00 in 2014. Although we saw approximately the same number of sales, the total volume sold increased by nearly $10,000,000. Last week the property located at 125 Gavillan Avenue in Cocoplum closed for full price of $2,800,000. This house offered 5,000 square feet of living space with 5 bedrooms, 4.5 baths on a 15,500 square foot lot....Continue Reading!
Cocoplum has seen another year of increasing values with the average "Sale Price/Square Foot" coming in at $542.00 this year. The number of total sales has remained relatively stable (22 in 2014, 26 in 2013 and 21 in 2012) showing that buyers are not turned away by the higher prices in Cocoplum. Sometimes when you see such a drastic increase in price over a short period of time buyers become hesitant to jump into the market. However, that has not...Continue Reading!