Archive for the 'Coral Gables Real Estate' Category
Great 1920’s Old Spanish Home Near Riviera Golf Course
July 29th, 2010 Categories:Coral Gables Real Estate
I was looking over what is available in the $700,000 to $900,000 price range in Coral Gables and this home really stood out to me. It is a 1920’s house located near the Riviera Golf Course, sits on a corner lot, has an updated kitchen, lush vegetation and has its own private courtyard. Definitely worth checking out if you are looking in this price range.
Details Include:
- 2,381 Sq. Ft.
- 17,050 Sq. Ft. Lot
- 3 Bedrooms, 2.5 Baths
- Fireplace, Wood Floors, French Doors, Updated Kitchen
- List Price: $838,000
- Broker: Slesnick and Associates
If you are interested in viewing this property don’t hesitate to contact me on my cell at 305.342.1623 or send me a note here.
Coral Gables $1,000,000+ Market
July 27th, 2010 Categories:Coral Gables Real Estate
As of today, 52% of the single family homes for sale in Coral Gables are priced over $1,000,000. Interestingly enough, homes in this price range only comprise 25% of the closed sales for this year. These figures mean that the inventory in Coral Gables is not completely in line with the demand.
It is not however indicative of a slow down in the luxury market. Take a look at the chart below and you will see that 2010 is on track to sell equal or more $1,000,000+ homes than the past few years.
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.
Just $45,000 A Month!
July 23rd, 2010 Categories:Coral Gables Real Estate
A rental property on Tahiti Beach came on the MLS yesterday priced at “just” $45,000 a month. This makes it the highest priced rental currently on the market in Coral Gables. The house (photo above) features 6 bedrooms, 6 baths, 9,000 square feet of living area on a 41,000 square foot lot.
Right now there are 224 rentals on the market (single family, condo, townhouse) in Coral Gables. I am often asked if rental prices are negotiable and in my experience they are.
To view single family rentals in Coral Gables click here.
To view condo rentals in Coral Gables click here.
I have a rental specialist on my team who would be happy to assist you in finding a home. If you would like to see any of the above properties feel free to contact us by clicking here.
A Must Read For Luxury Homeowners
July 23rd, 2010 Categories:Coral Gables Real Estate
The luxury real estate market is a world all it’s own. When selling these homes it is imperative to choose a Broker/Agent team that has the experience, knowledge and power to effectively market your home.
If you read the article in the Miami Today recently you will see that EWM dominates the luxury market here in South Florida. EWM closes on a $1,000,000+ home every 36 hours (more than any other broker in South Florida). We are also No. 1 countywide in the number of residential sales in excess of $2 million and $3 million.
With the luxury market gaining strength, these numbers are only likely to get higher.
Check out EWM’s Elite brochure featuring listings in excess of $2,000,000.
If you are interested in selling your home, please contact me at 305.342.1623 for a no pressure home valuation.
One Of A Kind Garage (And A Nice House Too)
July 13th, 2010 Categories:Coral Gables Real Estate
I just listed a house located at 5830 Leonardo Street in South Coral Gables. For all of you car lovers out there, feast your eyes on this very special garage complete with car lifts. The garage is fit for a king, and the house is great too. It features 3 bedrooms/3 baths with 2,703 square feet of property, large spacious rooms, updated baths on a 10,692 square foot lot with a beautiful pool. We have listed the home at $775,000.
If you are interested in seeing this home please contact me at 305.342.1623 to schedule a showing.
Location, Location, Location
July 9th, 2010 Categories:Coral Gables Real Estate
Check out what you can get in Coral Gables for $500,000 vs. what you can buy in Pembroke Pines for the same price.
Coral Gables: 931 Roderigo Avenue | 3 Bedroom, 2 Bath | 1,983 Sq. Ft. Living Area | 6,231 Sq. Ft. Lot
VS
Pembroke Pines: 15220 Laurel Lane | 5 Bedrooms, 3 Baths | 3,492 Sq. Ft. Living Area | Lot Unknown
Which seems like a no brainer, but then you’d live here….
As opposed to here.
Price My House Within 5% Of My Bottom Line? YES!
July 7th, 2010 Categories:Coral Gables Real Estate
If you follow this blog you know that homes in Coral Gables are selling. But we still see some homes that sit on the market for months without a contract. Why aren’t they getting offers? There are 3 simple reasons: PRICE, PRICE and PRICE.
There is a myth out there that you have to build in an extra cushion to leave some negotiating room for those low ball offers. But the truth is that the closer you price your home to its true value the more offers you will get and the higher the offers will be. Buyers these days are very educated about the market and if they are a “real” buyer they will not low-ball a seller because they don’t want to lose the house to another buyer. If it is priced right it will sell quickly and buyers know that.
Take a look at these recent Coral Gables homes which sold very close to asking price:
830 South Alhambra Circle | List Price: $2,499,000 | Sale Price: $2,400,000
61 Riviera Drive | List Price: $1,499,000 | Sale Price: $1,450,000
816 Castile Avenue | List Price: $1,165,000 | Sale Price: $1,085,000
If you are interested in buying or selling real estate in Coral Gables and are looking for an experienced local realtor, please do not hesitate to contact me at 305.342.1623 or send me a note here.
Coral Gables Like An Oxford Shirt?
June 30th, 2010 Categories:Coral Gables Real Estate
Everyone knows that the City of Coral Gables has some very strict zoning codes regarding everything from the color of your house to your landscaping. They even go so far as to restrict the type of car that is parked in front of the house (better keep that pickup truck in the garage!). But all of these rules and codes are one of the reasons that Coral Gables is desirable to many people. They like the clean, crisp and tailored look that the Gables has to offer.
Just on the other side of the highway from Coral Gables is Coconut Grove where zoning is practically non-existent. For comparison sake, the feeling of the Gables is similar to an oxford shirt that you just picked up from the dry cleaners while Coconut Grove reminds me of my favorite boat shoes (casual, comfortable and broken in). Wondering what you can and can’t do in Coral Gables? Here is their “Citizens Guide To Code Enforcement“.
Living in either area is a matter of personal taste and it only takes a quick drive around both neighborhoods to figure out which vibe you prefer.
If you are interested in buying or selling real estate and are looking for a local agent to assist you, please don’t hesitate to contact me on my cell at 305.342.1623 or send me a note here.
Is “Old Spanish” Your Style? Coral Gables Is The Place For You
June 25th, 2010 Categories:Coral Gables Real Estate
Coral Gables has more “Old Spanish” style architecture than anywhere in South Florida. In fact, it is hard to drive down a street in the Gables that does not have at least one Old Spanish home or building. People seem to gravitate towards them because they are so charming and have a feeling of warmth that other styles do not. Characteristics of Old Spanish architecture include stucco walls and chimneys, low pitched barrel tile roofs, arched windows, arched hallways, courtyards, terra cotta flooring and accents, iron trim, double hung windows and canvas awnings. To view a list of several Old Spanish style homes that are currently for sale in Coral Gables, click here.
If you are interested in buying or selling real estate in Coral Gables and are looking for an experienced local realtor, please do not hesitate to contact me at 305.342.1623 or send me a note here.
Coral Gables Real Estate Update
June 23rd, 2010 Categories:Coral Gables Real Estate
The house (photo above) I mentioned awhile back in a post titled Homes For Sale Near The University of Miami Campus closed this week for a price of $495,000 ($244.00 a foot). The property was listed by EWM Realtors. That brings this month’s sold homes in Coral Gables to 24 (to view a list of these properties please click here.) This month the average price per square foot of homes sold in the Gables is running $248.00 a foot.
As you can see from the above chart, the average price of homes for sale in Coral Gables continues to be out of line with the current demand of buyers. The chart shows that the average list price is $2,000,000+ while the average price of homes selling is $747,000.
If you are interested in buying or selling real estate in Coral Gables and are looking for an experienced local realtor, please do not hesitate to contact me at 305.342.1623 or send me a note here.
