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:
$400,000 : 600 Biltmore Way, Unit 312, Coral Gables2 beds, 2 full baths
See all Coral Gables Foreclosures.
(all data current as of 4/30/2017)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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