Archive for the 'Coral Gables Gated Communities' Category
Gables Estates, New Listing Hits The Market
May 16th, 2012 Categories:Coral Gables Gated Communities, Gables Estates
In keeping with my previous posts regarding the high activity in Gables Estates, this week another home came on the market in the prestigious gated community. Located at 9175 Arvida Parkway, the home sits on a very private section of the canal with 44,000 square feet of land and no bridges to the Bay. Listed for $5,890,000 by Ashley Cusack and Suzanne Feanny of EWM, the home offers 6,129 square feet of living space with 6 bedrooms, 4.5 baths.
There have been a total of 7 sales in Gables Estates so far this year totalling $68,845,000 worth of volume.
If you are interested in buying, selling, building or renting and are looking for a real estate agent who specializes in Coral Gables, please feel free to contact me at 305.342.1623 or send me a note here.
Market Update: Old Cutler Bay, Coral Gables
May 10th, 2012 Categories:Coral Gables Gated Communities, Old Cutler Bay
The exclusive gated community of Old Cutler Bay is located just north of Matheson State Park and is one of the smaller gated communities in Coral Gables. Due to its size (just 136 single family homes), we don’t typically see a lot of activity here. This year, there has been 1 closed sale and 3 new listings to hit the market. The closed sale occurred at 601 Reinante Avenue for $4,710,000 or $657.00 per square foot.
Below is more information and photos of the new inventory in Old Cutler Bay.
140 Solano Prado | Canalfront | 6 Bedrooms, 6 Baths | 7,897 square feet of living space | 24,290 square foot lot | List Price: $8,895,000 by One Sothebys.
565 Solano Prado | Canalfront | 6 Bedrooms, 6 Baths | 7,205 square feet of living space | 19,665 square foot lot | List Price: $6,900,000 by Prudential.
505 Solano Prado | Canalfront | 5 Bedrooms, 5 Baths | 3,831 square feet of living space | 20,300 square foot lot | List Price: $3,900,000 by Florida Realty
If you are interested in buying or selling real estate in Coral Gables and would like to work with a local real estate agent who knows the market and tracks the numbers, please feel free to give me a call directly at 305-342-1623 or send me a message here.
Gotta Love A Description Like That!
May 8th, 2012 Categories:Coral Gables Gated Communities, Hammock Lakes
When you list a property for sale on the MLS you are given 500 characters to describe the home and really sell it to potential buyers. We use this space to highlight special features such as impact windows, wood floors, water frontage etc. My friend and colleague Javier Gonzalez of ReMax deserves an award for his hilarious (and informative) descriptions…check out his latest piece of work.
Buy now and you can thank me later. Please do not miss this opportunity to enter into the highly desired and exclusive Hammock Park neighborhood prior to gate being completed; after that kiddies all bets are off pricewise, (you have been warned). 5 Bed/ 3 Bath on acre lot awaits some TLC but has the bones in place to add immediately value. Lighted tennis court, pool, vaulted ceiling plus a huge family room are some of the features. Property’s location in community is amazing (very private), easy to show.
If you are persuaded by this description (and who wouldn’t be?), it is a new listing that just came on the MLS and is located in the soon to be gated community of Hammock Lakes. The home offers 3,852 square feet of living space on a 40,946 square foot lot with 5 bedrooms, 3 baths and is listed for $1,599,000.
If you are interested in buying or selling real estate in Coral Gables and would like to work with a local real estate agent who knows the market and tracks the numbers, please feel free to give me a call directly at 305-342-1623 or send me a message here.
The Rich Niche | Riley Smith Interviewed By The Miami Herald
May 7th, 2012 Categories:Coral Gables Gated Communities, Coral Gables Real Estate
In case you missed this Sunday’s article in the Miami Herald, I was interviewed for the cover story regarding the ultra-luxury real estate market in South Florida. If you read my blog, you know that this year we have experienced a surge in $5,000,000+ sales in Coral Gables, most of which are selling for cash.
Click on newspaper below to read article:
If you are interested in buying or selling real estate in Coral Gables and would like to work with a local real estate agent who knows the market and tracks the numbers, please feel free to give me a call directly at 305-342-1623 or send me a message here.
Pocket Listing Sells In Gables Estates
May 3rd, 2012 Categories:Coral Gables Gated Communities, Gables Estates
The home located at 360 Casuarina Concourse sold last week in Gables Estates for $12,000,000 adding to the incredible amount of volume that has traded in that community this year. The property went “active” and “closed” the same day on the MLS indicating that it was a pocket listing (Broker on both sides was One Sotheby’s). I am seeing these types of transactions occur with much more frequency these days. Inventory is so low that agents (including myself) are making deals happen without the help of the MLS.
If you are interested in buying or selling real estate in Coral Gables and would like to work with a local real estate agent who knows the market and tracks the numbers, please feel free to give me a call directly at 305-342-1623 or send me a message here.
Pat Riley Sells Home In Gables Estates For $16,750,000
April 20th, 2012 Categories:Coral Gables Gated Communities
This just in…..Pat Riley closed on his house located in the gated community of Gables Estates for $16,750,000. The home sits on a 2+ acre peninsula with some of the best views in Miami. Special features included a state of the art media room, 800 bottle wine cellar, private sandy beach, protected boat dockage and expansive outdoor entertaining areas. Listing agent was Audrey Ross of EWM Realtors, Inc.
This sale bumps out 181 Leucadendra Drive as the most expensive home sold in Coral Gables so far this year. For more information on the real estate market in Gables Estates read my recent post titled: Gables Estates Real Estate Activity Increases – Good Sign For Luxury Homes.
If you are interested in buying or selling real estate in Coral Gables and would like to work with a local real estate agent who knows the market and tracks the numbers, please feel free to give me a call directly at 305-342-1623 or send me a message here.
Gables Estates Real Estate Activity Increases – Good Sign For Luxury Homes
April 17th, 2012 Categories:Coral Gables Gated Communities, Coral Gables Real Estate
The gated community of Gables Estates is a good barometer for the luxury real estate market in South Florida. Homes in Gables Estates start at $4,000,000 and go all the way up to $18,000,000 and it is without a doubt Coral Gables’ most exclusive and private community.
This year we have seen a drastic increase in the amount of activity in Gables Estates. So far in 2012 there have been 4 sales with a total of $42,845,000 in volume (plus $20,000,000 worth of pending sales). This figure far surpasses the amount of volume sold in 2011 in Gables Estates.
The news should not be surprising in light of my recent posts which show that the Coral Gables real estate market is thriving in 2012 but it is encouraging that all segments of the market are seeing positive results.
If you are considering listing your Coral Gables home for sale please don’t hesitate to contact me. The market is rapidly changing and I would be happy to discuss the current value of your home with you. I can be reached on my cell at 305-342-1623 or you can send me a note here.
Snapper Creek Lakes, 2012 Market Update
April 4th, 2012 Categories:Coral Gables Gated Communities
Snapper Creek Lakes is a gated community located west of Old Cutler Road in Coral Gables. Although not directly on the bay, the community does offer canal-front, lake-front and lagoon-front properties. Snapper Creek Lakes is known for having homes with large lots that offer plenty of privacy. Prices currently range from $1,999,000 to $7,450,000. To view homes for sale in Snapper Creek Lakes click here.
So far in 2012, there have been 3 closed sales in Snapper Creek Lakes. First, the short sale that I wrote about back in February (click here to read article) at 10305 Coral Creek Road sold for $2,850,000. Agent was Elena Kemper and Libby Klein of EWM. Second, the property at 11040 Snapper Creek Road sold for $2,100,000. This home needed extenesive renovation and sold for virtually land value. It was 1.2 acres on a canal with access to Biscayne Bay. Agent was Jorge Fernandez and Malvina Godoy of One Sotheby’s. Finally, the home at 5230 Oak Lane closed for a sales price of $1,600,000. This property offered 4,846 square feet of living space on a 48,787 square foot lot. Agent was Josie Wang of Avatar.
Last year there were 7 properties sold in Snapper Creek Lakes ranging in price from $1,400,000 to $6,600,000 with an average selling price per square foot of $417.00.
When listing or buying a home it is essential to have a local Realtor who knows the numbers, tracks the market and can value a home correctly. If you are interested in buying or selling a home in Coral Gables I would be happy to meet with you for a no pressure consultation. Please feel free to contact me directly at 305-342-1623 or send me a note here.
New To The Market: $27,000,000 Home In Gables Estates
March 29th, 2012 Categories:Coral Gables Gated Communities, Coral Gables Real Estate
This incredible home in Gables Estates hit the market yesterday and is currently the highest priced listing in Coral Gables. Listed for $27,000,000 the home offers incredible views from every room and as you can see has dock space for more than one large yacht. The photo above says it all. The home is listed by Audrey Ross of EWM Realtors. Membership to the Gables Estates Club Inc. is a prerequisite to the purchase of this home, application fee is $75,000.
When listing or buying a home it is essential to have a local Realtor who knows the numbers, tracks the market and can value a home correctly. If you are interested in buying or selling a home in Coral Gables I would be happy to meet with you for a no pressure consultation. Please feel free to contact me directly at 305-342-1623 or send me a note here.
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Looking For A Home Theater In Coral Gables?
March 22nd, 2012 Categories:Coral Gables Gated Communities
This one should fit the bill.
New on the market, 660 Arvida Parkway offers many special features including the above media room, gourmet chef’s kitchen, high ceilings, oversize pool and is located on a waterfront lagoon with no bridges to the bay in the prestigious Gables Estates. The home is listed by Jorge Uribe of One Sotheby’s for $10,750,000.
There are currently 17 homes for sale in the gated community of Gables Estates ranging in price from $18,000,000 to $3,999,000. To view all homes for sale in Gables Estates click here.
When listing or buying a home it is essential to have a local Realtor who knows the numbers, tracks the market and can value a home correctly. If you are interested in buying or selling I would be happy to meet with you for a no pressure consultation. Please feel free to contact me directly at 305-342-1623 or send me a note here.
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