Archive for the 'Coral Gables Gated Communities' Category
Cocoplum Market Update
July 19th, 2010 Categories:Coral Gables Gated Communities
There have been two closed sales since my last Cocoplum Market Update. The first is located on Los Pinos Boulevard in the southern section of Cocoplum (non-waterfront). This beautiful home came on the market back in January at an asking price of $6,250,000. The owners just sold it for $4,500,000 which makes it the highest sale in Cocoplum all year.
The second home to sell in Cocoplum since my last market update is located at 286 Costanera Road. The owners purchased the house in 2008 for $2,125,000 and sold it for $1,650,000 last month. As I tell my clients, luxury real estate is at an all time low. It is evident that homes in Cocoplum have not escaped the downturn.
Aside from sales, other happenings in Cocoplum include a $420,000 renovation to the gatehouse that is just about completed. This renovation cost the owners in Cocooplum $830.00 per home. The house is getting a new gate, new windows, new fountain, bathroom and landscaping.
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.
To subscribe to the Coral Gables Real Estate Vault, just enter in your email address here. A followup email will be sent and you will be required to “activate” the subscription.
Pending In Cocoplum – $6,250,000 Home
May 26th, 2010 Categories:Coral Gables Gated Communities
The above home priced at $6,250,000 just went under contract in Cocoplum. When it closes, it will be the highest priced home to sell in Cocoplum all year. Details of the home include 6 bedrooms, 6 baths with an astounding 9,470 square feet of living space on a 34,333 square foot lot. Special features include a dramatic reflection pool with fire bowl, loft library, butlers pantry, wine cellar, 2 staff rooms, 3 fireplaces, 2 laundry rooms and a summer kitchen. The house is listed by Shelton and Stewart.
Take a look at this year’s closed sales in Cocoplum:
- 7270 West Lago Drive | Sale Price: 3,095,000 | 6 Bedroom, 6.5 Bath | 5,769 Sq. Ft.
- 112 Palmoa Drive | Sale Price: $2,950,000 | 5 Bedroom, 5 Bath | 5,893 Sq. Ft.
- 8250 Los Pinos Circle | Sale Price: $2,600,000 | 6 Bedroom, 6 Bath | 7,395 Sq. Ft.
- 150 Rosales Court | Sale Price: $2,550,000 | 6 Bedroom, 6 Bath | 5,131 Sq. Ft.
- 386 Isla Dorada | Sale Price: $2,300,000 | 6 Bedroom, 6 Bath | 7,216 Sq. Ft.
- 7400 Monaco Street | Sale Price: $1,500,000 | 4 Bedroom, 3 Bath | 4,608
If you are interested in buying or selling in Coral Gables and are looking for a local realtor who specializes in the area, don’t hesitate to contact me at 305.342.1623.
Cocoplum – Market Update
May 20th, 2010 Categories:Coral Gables Gated Communities
Cocoplum has $205,000,000 worth of real estate on the market today. This large figure is comprised of 51 homes for sale priced between $1,195,000 and $16,900,000. The average asking price per square foot is $400 for a non-waterfront home and $500 for a waterfront home. The average size home on the market in Cocoplum is currently 6,000 sq. ft.
A property that stands out to me as a great deal in Cocoplum is located at 6910 Tulipan Court. The owners are asking only $257.00 per square foot. Details of the home include 6,016 square feet of living area with 5 bedrooms, 4 baths and pool. The home is listed by Prudential Realty and the asking price is $1,550,000. The house was under contract back in 2009 but the deal fell through.
If you are interested in buying or selling within the gated community of Cocoplum please don’t hesitate to contact me at 305.342.1623 or send me a note here.
Snapper Creek Lakes – Buy A Piece of Miami’s History
May 19th, 2010 Categories:Coral Gables Gated Communities
Last night I got a call from John Seidel of Coldwell Banker. He asked me to stop by his Broker’s Open House in Snapper Creek Lakes today and assured me that his listing was a “must-see”. I have to say that John did not let me down, it really is a spectacular home with a special history.
Let me start out with my first impressions of the property: the home is located on an extremely large lot with Fairchild-esque landscaping (not surprising as it was designed by Raymond Jungles), it offers sweeping views of the garden from every window, large spacious living areas, extra wide hallways, beautiful keystone terrace and pool area and a gorgeous courtyard entryway.
The home was designed by Robert Bradford Brown and is situated on an angle in order to best capture the light in every room. It features 5 bedrooms with 5.5 baths, 12 foot ceilings, Saltillo floors, built-in bookcases, eat-in kitchen with butler’s pantry, formal dining room, elevator and maid’s quarters.
The property has a special history thanks to the 2 bedroom guest house located out back. Built by Charles Seibold and Maud Black in 1899 it is one of the remaining houses from the Pioneer Period in Dade County (others include the Richmond Inn in Deering Bay and The Barnacle in Coconut Grove). The guest house was designated as a “historic site” back in 1981 by the Metro Historic Preservation Board.
The offering price of this home has recently been reduced to $1,998,000. Click here to view the Virtual Tour of this home.
If you are interested in seeing this property or any others in Coral Gables, I would be happy to arrange a showing for you. Please give me a call at 305.342.1623 or send me a note here.
Great Waterfront Home In Cocoplum – Reduced Today By $500,000
May 10th, 2010 Categories:Coral Gables Gated Communities
The home located at 194 Caoba Court was reduced today from $3,500,000 to $2,995,000 making it a very good opportunity and one of the least expensive waterfront homes currently on the market in Cocoplum. Keep in mind that the average waterfront home in Cocoplum right now is listed at $5,600,000. Click this link to see all homes for sale in Cocoplum.
This home is listed by Sotheby’s International Realty.
If you are interested in buying or selling real estate in Coral Gables and are looking for a realtor, please don’t hesitate to contact me at 305.342.1623 or send me a message here.
Best Value In Gables Estates, Coral Gables Gated Community
March 15th, 2010 Categories:Coral Gables Gated Communities
There are currently 13 properties on the market in the premiere gated community of Gables Estates. Homes range in price from $4,800,000 all the way up to $49,500,000. The average “List Price/Square Foot” in Gables Estates is currently $1,328 psf (compared to the rest of Coral Gables which is selling at an average of $261.00 per square foot!).
The house with the lowest “List Price/Square Foot” in Gables Estates and the best value right now is located at 220 Leucadendra Drive (photos above). The property is an approved short sale with 6 bedrooms, 6 baths, 7,203 square feet of living space on a 44,695 square foot lot. The home is also located on a canal with 200 feet of sea wall and boat lift. The home sold in 2006 for $6,700,000 and is now priced at $4,999,999.
If you are interested in seeing this property or any others in Coral Gables I would be happy to assist you in your home search. Please give me a call on my cell at 305.342.1623 or send me a note here.
You may also be interested in: The Ultimate Guide To Gated Communities in Coral Gables
Broker for 220 Leucadendra Drive is Florida Realty.
The Ultimate Guide To Gated Communities In Coral Gables
February 12th, 2010 Categories:Coral Gables Gated Communities
Taking a look at the below numbers you will see that Gables Estates still remains the premiere gated community in Coral Gables with an average list price per square foot of $1,328.00 and sale price per square foot of $856.00. If you want to be in a gated community for good value you should check out Gables By The Sea. The homes in Gables By The Sea are priced at $448.00 per square foot and sell for an average of $375.00 per square foot.
Snapper Creek Lakes
There are 14 homes for sale in Snapper Creek Lakes. They range in price from $1,799,000 all the way up to $12,500,000. The average list price per square foot is $614.00. There was one home sold in Snapper Creek Lakes in 2009 and it sold for $2,100,000 at a sale price per square foot of $384.00. There have been no closed sales in 2010 so far in Snapper Creek Lakes. To view homes currently on the market in Snapper Creek Lakes click here.
Gables Estates
There are 13 properties for sale in Gables Estates and prices range from $4,800,000 to $49,500,000. The average list price per square foot is $1,328.00. There were 5 homes in Gables Estates sold in 2009 at an average sale price of $6,570,000 and an average sale price per square foot of $856.00. There have been no closed sales in Gables Estates so far in 2010. To see homes currently for sale in Gables Estates please click here.
Cocoplum
There are 45 homes for sale in Cocoplum. The properties range in price from $1,197,000 to $12,000,000. The average list price per square foot is $650.00. There were 15 homes sold in Cocoplum in 2009 and they had an average sale price of $3,261,324 and an average sale price per square foot of $468.00. There was 1 home sold in Cocoplum in 2010 and it sold for $2,550,000 at a sale price per square foot of $497.00. To view homes currently for sale in Cocoplum, please click here.
Old Cutler Bay
There are 11 properties for sale in the gated community of Old Cutler Bay. Homes range in price from $3,295,000 to $10,500,000. The average list price per square foot is $970.00. There were 3 homes sold in Old Cutler Bay in 2009 at an average selling price of $2,908,333 with an average selling price per square foot of $508.00. And no homes have sold in 2010 so far in Old Cutler Bay. To view homes currently for sale in Old Cutler Bay please click here.
Journey’s End
There are 2 properties for sale in Journey’s End. They are priced at $4,200,000 and $4,900,000. The average list price per square foot of these properties is $602.00. Two homes sold last year in Journey’s End. The average sale price was $4,450,000 with an average sale price per square foot of $368.00. To see all properties currently for sale in Journey’s End, click here.
Gables By The Sea
There are 13 properties for sale in Gables By The Sea. They range in price from $699,000 to $3,575,000. The average list price per square foot for homes in Gables By The Sea is $448.00. There were 14 homes sold in 2009 at an average sale price of $1,530,993 and an average sale price per square foot of $375.00. There have been no closed sales so far in 2010 in Gables By The Sea. To view the properties in Gables By The Sea that are currently on the market click here.
Snapper Creek Lakes of Coral Gables, Market Update
February 4th, 2010 Categories:Coral Gables Gated Communities
Snapper Creek Lakes is a prestigious gated community in the city of Coral Gables. The entrance sits across from Fairchild Gardens on Old Cutler Road. Snapper Creek Lakes has a bay access marina, 24 hour gated security and high end homes with acre+ estates ranging in price from $1,699,000 to $12,500,000. The community sits within the highly desirable Pinecrest/Palmetto school district. The average list price per square foot is $595.00 currently in Snapper Creek. There was only 1 closed sale in Snapper Creek in 2009, it was a 5,469 square foot home on a 57,499 square foot lot with 5 bedrooms, 5.5 baths. The home was on the market for 5 months and after 4 price reductions it sold for $2,100,000 (original list price was $3,900,000). EWM was the listing and buying broker for the home. Photos and Information on homes for sale in Snapper Creek Lakes, Coral Gables.
The above home just came on the market today in Snapper Creek today priced at $3,750,000. It is a 7,243 square foot home with 5 bedrooms and 5 baths. It sits on 1.3 acres of land and was built in 2005. The home is located at 5295 Fairchild Way.
If you are interested in buying or selling real estate in Coral Gables and are looking for an experienced realtor please contact me on my cell at 305.342.1623 or send me a note here.
Life at Deering Bay, Coral Gables
January 22nd, 2010 Categories:Coral Gables "Golf Course Front" Properties, Coral Gables Condos, Coral Gables Gated Communities, Coral Gables Waterfront Properties
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.
Cocoplum Real Estate Market Update
December 22nd, 2009 Categories:Coral Gables Gated Communities
Cocoplum Estates Current Market Update
There are currently 47 properties on the market in Cocoplum Estates, a gated community in Coral Gables. The prices range from $1,200,000 for a 4 bedroom, 3 bath home all the way up to a $12,000,000 for a 38,000 square foot lot (125 foot of waterfront) that features 9,171 square feet of living area.
The lowest “price per square foot” in Cocoplum is currently the home located at 301 Costonera Road priced at $1,425,000 (PPSF is $306.00). The average “list price per square foot” in Cocoplum is $663.00.
Cocoplum Estates 2009 Year In Review
There were 13 homes sold in Cocoplum Estates in 2009. The average “sale price per square foot” was $467.00. Interesting that the average Sale Price to List Price ratio is 80% – that means that sellers on average were giving a 20% discount off of their asking price.
Click here to view all homes for sale in Cocoplum Estates as of December 22, 2009.
If you are interested in buying or selling real estate in Coral Gables, please send me an email at smith.r@ewm.com, or call me at 305.342.1623.
