Coral Gables Real Estate - Coral Gables Real Estate Blog » Coral Gables Gated Communities

Stand Out Home In Cocoplum, Coral Gables

Riley Smith — Mon, 23 Jan 2012 15:07:19 +0000

On Sunday morning I took some clients out to see waterfront property in Cocoplum. One home that really stood out from the rest was 330 Dolias Court. Perfectly renovated in 2009, the home offers a slight contemporary feel with very open and bright spaces. It also sits on a very wide part of the canal which gives you lots of privacy. For those who have a large boat, Cocoplum has the largest inventory of waterfront homes with no bridges to the Bay. To view more photos and information of 330 Dolias click here. The list price is $4,745,000 by Shelton and Stewart.

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.

Record $15,835,000 Sale In Gables Estates, Coral Gables

Riley Smith — Fri, 13 Jan 2012 18:44:30 +0000

This week the home located at 181 Leucadendra Drive in the prestigious gated community of Gables Estates closed for a sales price of $15,835,000. This is the highest sale on record in Coral Gables. The home sat on a lagoon in Gables Estates and offered 7 bedrooms, 7 baths with 14,946 square feet of living space on a 48,274 square foot lot with 270 feet of water frontage. The home sold for $1,059 per square foot. The listing agent was Audrey Ross of EWM.

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.

Cocoplum Has Record Year In 2011

Riley Smith — Wed, 21 Dec 2011 21:09:31 +0000

With 27 closed sales and almost $70,000,000 in volume, Cocoplum has had a record setting year in 2011. Although the average sale price in Cocoplum has been steady at $3,000,000, the average sale price per square foot has risen from $398.00 in 2010 to $427.00 in 2011. This is just another indication that prices are on the rise in Coral Gables!

Cocoplum is a luxury gated community in Coral Gables. It offers both waterfront and non-waterfront homes. List prices range from $1,195,000 to $18,000,000. To view a list of what is currently available in Cocoplum, click here.

I know the numbers, I analyze the market, my clients make better decisions. 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.

Home In Cocoplum Sells $1,400,000 Off List Price

Riley Smith — Wed, 30 Nov 2011 19:05:42 +0000

The home located at 325 Cocoplum Road recently closed for a sales price of $5,500,000 which is $1,400,000 off the list price. This home which was located in the gated community of Cocoplum had been on the market since August of 2009 with an original asking price of $12,000,000. The sellers made several price reductions over the years but were always chasing the market. When they made their final price reduction of $7,450,000 to $6,900,000 they quickly went under contract. The elegant Old Spanish home offered 125 feet of water frontage. Listing agent was One Sotheby’s.

Highest Non-Waterfront Sale In 2011 In Coral Gables

Riley Smith — Thu, 03 Nov 2011 18:32:00 +0000

The home located at 5288 Oak Lane in the gated community of Snapper Creek Lakes closed this month for a sales price of $6,600,000. This makes the highest non-waterfront sale in 2011 and also the second highest non-waterfront home to sell in the history of the MLS (highest on record is located at 760 San Bruno Avenue for $7,100,000).

The home was designed by Portuondo & Perotti and offered a wine cellar, gym, library, media room, outdoor fireplace as well as courtyards and gardens designed by Sanchez and Maddux of Palm Beach. There were 7 bedrooms, 8 baths and 3 half baths with 11,223 square feet of living space on a 50,965 square foot lot.

New Listing Hits The Market In Gables Estates, Coral Gables

Riley Smith — Tue, 25 Oct 2011 17:34:36 +0000

This beautiful home just hit the market in Gables Estates, Coral Gables’ most exclusive gated community. Priced at $12,950,000 the home offers 450′ of water frontage with many special features including a library/game room, two staff quarters, chefs kitchen, Crestron home control system, generator, heated pool with two sunbathing ledges, jacuzzi and infinity waterfall as well as a 70′ dock with boat lift. The home is listed by Toni Schrager of Avatar.

There are currently 15 homes for sale in Gables Estates priced between $4,995,000 all the way up to $23,000,000. View all Homes For Sale In Gables Estates here. There have been just 2 sales in Gables Estates this year, the first for $5,150,000 and the second for $4,750,000.

Cocoplum Real Estate Market Update

Riley Smith — Mon, 24 Oct 2011 18:59:53 +0000

The gated community of Cocoplum has had an extremely busy real estate market this year. There have been a total of 22 sales since January 1st, 2011 and there are currently 4 under contract. As predicted, this is going to be a record setting year for Cocoplum. The average home in Cocoplum sells for $2,500,000 at a price per square foot of $416.00. Click here to view homes for sale in Cocoplum, Coral Gables.

Click on the chart below to see closed sales in Cocoplum this year.

Journeys End, Coral Gables Market Update

Riley Smith — Thu, 13 Oct 2011 14:38:16 +0000

This home in Journey’s End was listed for over $5,000,000 a few years back and recently closed for a sales price of $3,750,000. According to the description on the MLS this was a foreclosure property and the home was being offered for $1,000,000 below the judgment amount. The home was not waterfront however the grounds did feature a natural stream, koi pond and waterfrall. The home offered 10,615 square feet of living space on a 75,359 square foot lot. Considering this was located in a gated community, the buyers got a great deal on the home which sold for $353.00 per square foot of living area.

Journeys End in Coral Gables is a very special gated community located just north of Matheson Hammock Park. The lot sizes are extremely large with dense foliage and several of the homes are situated on small lagoons. Right now there is only one home for sale in Journeys End, to view photos and information of this property click here.

Cocoplum Real Estate Update: 2 Waterfront Sales Under $2,500,000

Riley Smith — Mon, 26 Sep 2011 14:12:42 +0000

Prior to this summer there had not been a single recorded waterfront sale in Cocoplum under $2,500,000. However in June of this year the canal-front home located at 194 Caoba Court closed for $2,225,000 and just this past week the canal-front home located at 184 Paloma Drive closed for $2,300,000. You do have to take into consideration the condition, year and size of these properties but even if you account for those things a sale under $2,500,000 for a waterfront home in Cocoplum is pretty remarkable.

This is just more evidence that buyers are getting some great deals on waterfront properties . In 2010 there were 27 waterfront homes sold under $2,500,000 in Coral Gables and this year there have already been 30 sold (plus 5 that are pending).

What Are Your “Must Have” Amenities In Coral Gables?

Riley Smith — Thu, 22 Sep 2011 17:31:32 +0000

Basketball Court | 460 Marquesa Drive, Gated Community Of Old Cutler Bay | Courtesy of ReMax | Photos And More Information Click Here

Summer Kitchen | 9100 Old Cutler Road | Photos And More Information Here | Courtesy of Carole Smith, EWM.

Theater Room | 180 Arvida Parkway, Gated Community of Gables Estates | Photos And More Information Here | Courtesy of Avatar.

Walk-In Wine Cellar | 130 Casuarina Concourse, Gated Community of Gables Estates | Photos And More Information Here | Courtesy of One Sotheby’s.