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Snapper Creek Lakes, Coral Gables Real Estate Market Update

July 27th, 2011 Written By

Coral Gables Real Estate Vault

The real estate market in Snapper Creek Lakes has been very active this year with 5 closed sales since January 1st of 2011.   The average home is selling for approximately $2,000,000 in this gated community.  To scroll through homes sold in Snapper Creek Lakes click here. Even though there has been a large number of sales in Snapper Creek Lakes there still remains quite a bit on the market in there.  There are 8 single family homes for sale and 4 pieces of vacant land.  Properties for sale range in...Continue Reading!

Another Luxury Home Sold In Cocoplum

July 15th, 2011 Written By

Coral Gables Real Estate Vault

More news on luxury homes in Coral Gables.  A home on Tahiti Beach (located within the gated community of Cocoplum) closed yesterday for a sales price of $7,500,000.  The home offered 11,336 square feet of living space on a 29,395 square foot lot with 7 bedrooms and 7 baths.  It had phenomenal bay views and 120 feet of water frontage.   The home was listed by Toni Shrager of Avatar.  This makes the second home to close on Tahiti Beach this year,...Continue Reading!

What Is The Most Expensive Home In Coral Gables?

July 14th, 2011 Written By

Coral Gables Real Estate Vault

The most expensive home for sale in Coral Gables is located, not surprisingly, in the gated community of Gables Estates.  The asking price for this spectacular estate is $23,000,000 and offers 900 feet of water-front.   The home also has a state of the art media room, an 800 bottle wine cellar, a gorgeous pool featuring an aqua bar, a private sandy beach plus much more.  The home has been on the market since October of 2010.  It is listed by Audrey Ross of...Continue Reading!

2 Recent Land Sales In Coral Gables

July 6th, 2011 Written By

There have been two recent properties which sold for land value in Coral Gables.  The first was located in the gated community of Gables Estates. This was a 2 acre non-waterfront lot and sold for $2,556,250 or $30.00 per square foot.   Second, a lot at 1233 Alegriano Avenue (7,680 square feet) closed yesterday for a sales price of $270,000.  The property sold for $35.00 per foot which is about on target considering the size and excellent location near the Riviera Golf Course.  There have...Continue Reading!

New Listing On Tahiti Beach, Cocoplum’s Exclusive Private Island

July 5th, 2011 Written By

Coral Gables Real Estate Vault

A new listing has come on the market on Tahiti Beach in Cocoplum.  The home is being offered for $13,475,000 and offers 15,563 square feet of living space on a 49,095 square foot lot with 7 bedrooms/8 baths and has water views.  Photos will be coming on the MLS soon, you can see the location of the home on the map above.   The home is listed by Jeffrey Lehman of Coldwell Banker. There are currently 5 homes for sale on the...Continue Reading!

Cocoplum Is Set To Have A Great Year

June 14th, 2011 Written By

Coral Gables Real Estate Vault

There are currently 6 homes under contract in the gated community of Cocoplum including an $8,150,000 waterfront home on Tahiti Beach that has been on the market since 2009.   This is a good sign for all of those luxury homes out there that have been sitting and waiting for the right buyer.   With 8 homes already closed in Cocoplum this year, it appears that they will sell many more homes in 2011 than 2010. Below is a list of what has recently been placed under contract in...Continue Reading!

Land And Lots For Sale In Coral Gables

June 13th, 2011 Written By

Coral Gables Real Estate Vault

Land in Coral Gables hasn't exactly been flying off the shelf this year.  Right now in Coral Gables there are 34 pieces of land for sale and only 3 have sold this year (9 sold in 2010). 1/3 of the lots for sale in Coral Gables are located in gated communities where the prices start around $1,275,000 for a 15,000 square foot lot.  The other 2/3 of the lots are located in non-gated communities and prices range anywhere from $259,900 to $1,190,000.   To view all land/lots for sale...Continue Reading!

Historic Estate Sells On Old Cutler Road, Coral Gables

June 9th, 2011 Written By

Coral Gables Real Estate Vault

The home located at 10400 Old Cutler Road in the gated community of Snapper Creek Lakes sold this month for a sales price of $1,479,250 or $238.00 per square foot.  I wrote about the home several times here on the blog because it was a very special property.  The home which was designed by Robert Bradford Brown was contemporary style, had beautiful Fairchild-like gardens as well as a historic 1889 guest house from the Pioneer Period.  Congratulations to John Seidel...Continue Reading!

Condo In Deering Bay Sells Higher Than List Price!

June 7th, 2011 Written By

Coral Gables Real Estate Vault

A penthouse unit in the Siena building of Deering Bay closed yesterday for $100,000 over list price.  The final sales price was $1,500,000.  The condo was only on the market for a matter of days before it went under contract.  There are two possible reasons why the unit would sell over list price.  The first and most obvious reason is that there were several interested parties and the price was bid up.  However another reason might be that the sales price included some furniture from the unit or other...Continue Reading!

Complete Guide To Gated Communities In Coral Gables

June 6th, 2011 Written By

Coral Gables Real Estate Vault

If you are looking for the security and privacy of a gated community then Coral Gables has quite a bit to offer you.   The price point for most of the gated communities in Coral Gables is fairly high with an average list price of  $4,478,000 and an average sale price of $1,627,000 this year.  There are currently 91 homes for sale in the gated communities of Coral Gables (roughly 1/3 of all Coral Gables homes for sale) and 25 have sold this year. Cocoplum, Coral...Continue Reading!

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