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Coral Gables Market Update: Gated Community Of Cocoplum

March 7th, 2013 Written By

There has been just 1 sale in the gated community of Cocoplum so far in 2013.  Located at 6935 Prado Boulevard, this property was listed for $4,995,000 and traded for $4,500,000 or $606.00 per square foot.  This is well above the average in Cocoplum which typically runs at about $450 per square foot.   The property garnered such a high price due to the fact that it was located on a private peninsula with water views on 3 sides.  Broker was Shelton and Stewart.

There are 5 pending sales in Cocoplum right now which range in price from $936,100 (a short sale) all the way up to $3,995,000.

To give you a point of reference, during 2012 there were 21 homes sold in the gated community of Cocoplum with the highest sale price coming in at $4,216,000.

Cocoplum has a healthy supply of inventory right now with 34 homes currently on the market for sale.  To view a list of homes for sale in Cocoplum, click here.

We know Coral Gables real estate. If you are interested in buying, selling, building or renting and are looking for Realtors who specialize in Coral Gables, please feel free to contact us at 305.342.1623 or send us a note here.

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