Coral Gables Waterfront Homes Category
The foreclosure property located at 60 Casuarina Concourse (listed by ReMax) in Gables Estates sold recently for $3,055,000. It featured 4,595 square feet of living area and 3 bedrooms, 4 baths. $3,055,000 for a waterfront home in Gables Estates means that the home must have sold for land value. The house was located on a 37,917 square foot lot. The property came on the market in September of 2010 at a price of $3,559,000 and went under contract 30 days later. This is...Continue Reading!
There are currently 112 waterfront homes on the market in Coral Gables. If you follow this blog, you know that waterfront in Coral Gables can mean a variety of things including canal front, bay front and lagoon/lake front. The most expensive of course being bay front and the least expensive being canal front with no ocean access (i.e. fixed bridges to the bay). The lowest priced waterfront home in Coral Gabless is located at 1460 Tagus Avenue in Gables By The...Continue Reading!
The market in Cocoplum has been busy with 5 homes sold in the past 30 days. Taking a look at the numbers, it brings the total closed sales in Cocoplum to 15 this year. Below is a breakdown of these recent sales. You will notice that one home sold for 16% off the list price which just goes to show you how unpredictable our market is right now. 151 Paloma Drive | List Price: $2,175,000 | Sale Price: $1,812,500 | SP/SF: $367.00 | Non-Waterfront 6910 Tulipan...Continue Reading!
When you hear the word "waterfront" the first thing that most people think of are sweeping views of Biscayne Bay. But in fact, Coral Gables offers three different types of waterfront homes: Bay Front, Canal Front and Lagoon Front. Surprisingly of the 35 waterfront homes that have closed this year only 5 had views of Biscayne Bay. Coral Gables - Bay Front Homes Aside from the homes located on North/South Prospect, East Sunrise Avenue and Sunrise Drive, most of the bay view properties in Coral Gables are located in gated communities such as Cocoplum and...Continue Reading!
Over the Memorial Day weekend I took some friends out on the boat for some swimming and sightseeing. Being a realtor, one of my favorite things to do is to tour the Coral Gables waterways and see the homes from a different perspective. Yesterday we decided to hit the "back-country" of Cocoplum. While the homes on Tahiti Beach have direct Bay views and are obviously more prestigious, the homes that are located on the canals have a serenity and peacefulness about them that...Continue Reading!
Tahiti Beach is a private gated island within the boundaries of Cocoplum. This is an extremely exclusive address with ultra-luxury waterfront homes. There are currently 4 homes for sale on Tahiti Beach that total $40,795,000 worth of real estate! They range in price from $5,995,000 all the way up to $16,900,000. See the map below of homes that are currently for sale on Tahiti Beach. To view details of the homes for sale on Tahiti Beach please click here. If you are interested in buying...Continue Reading!
Wednesdays are great because brokers across South Florida hold their listings open for other agents. It is a great opportunity for me to preview homes for my current buyers. After visiting roughly 10 Broker's Open houses yesterday the shining star was the house located at 5850 Riviera Drive. This is a great waterfront home for a great price. The house features 5 bedrooms and 6 baths with 5,646 square feet of living space on an 18,750 square foot lot. The home has 2 boat slips...Continue Reading!
There are about 100 waterfront homes currently on the market in Coral Gables. We are averaging between 3.5 closed waterfront homes in Coral Gables a month. If you take a look back at the sales during 2008 and 2009 (see chart below), you will see that the average list price of waterfront homes has remained fairly steady ranging from $4,000,000 to $5,000,000, while the sales have been much lower with a range of $1,420,000 to $6,250,000. Take a look at all waterfront properties...Continue Reading!
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...Continue Reading!
There are currently two, yes two, $10,000,000 properties for sale in Coral Gables. The first just came on the market this week, located in the gated community of Old Cutler Bay. It is a direct waterfront Mediterranean estate designed by Ramon Pacheco with an infinity edge pool overlooking Biscayne Bay with deep water dockage. It features 7 bedrooms, 7 baths 12,439 square feet of living space on a 31,130 square foot lot. For more information and photos click here. The second home...Continue Reading!