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Coral Gables Foreclosure Flip | 6815 Brighton Place

January 26th, 2015 Written By

Foreclosure Flip in Coral Gables

Now that the economy has turned around, we are seeing fewer and fewer foreclosures come on the market in Coral Gables.  Typically when they do hit the MLS, they are under contract in a matter of days and the buyers are usually investors who offer very favorable terms (i.e. cash and a quick closing!).  The property at 6815 Brighton Place came on the market in 2014 as a foreclosure and sold right away for $1,300,299.  The home offered 5 bedrooms, 5.5 baths with 4,048 square feet of living area on a 10,001 square foot lot.

Now renovated, the home is back on the market listed for $2,149,000.  The MLS description states that everything is brand new including a high-end kitchen, Travertine pool deck and Travertine driveway.

In 2014 there were 20 foreclosures sold in Coral Gables.  They closed for an average of $482,000 or $226.00/square foot.

View a list of Coral Gables Foreclosures below:

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If you are interested in buying or selling real estate in Coral Gables, we would love the opportunity to work with you.  We can be reached anytime at 305-342-1623 or by sending us a message here.

Visit Our Other Miami Real Estate Blogs:
Coconut Grove Real Estate  | Brickell Condo Blog  | Key Biscayne Real Estate

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