Best Building In Deering Bay?
March 30th, 2010 Categories:Coral Gables Condos
I was having a chat with my Deering Bay specialist about the condo buildings in Deering Bay and we were discussing her favorite, the Padua building. Even though it is one of the older buildings she enjoys its open and airy atmosphere and appreciates the large closets. But some clients still prefer the newer buildings in Deering Bay such as the Milano, the Sienna and the Verona which have traditional lobbies, gyms, and are generally more updated than units in the older buildings. So in the end, if you are looking to purchase a condo in Deering Bay you should certainly take a look at what is available in all of the buildings as they each have something different to offer.
Here is information on condos available in Deering Bay. If you are interested in buying or selling in Deering Bay and are looking for an experienced, knowledgeable realtor, please don’t hesitate to contact my team here or on my cell at 305.342.1623.
Using Active Comparables To Price Your Home
March 29th, 2010 Categories:Selling in Coral Gables
Everyone knows that Realtors use SOLD properties in calculating the value of a home, but many people don’t realize that it is also extremely important to look at ACTIVE comparables as well. By “active comparables” I mean homes of similar size and condition that are currently on the market for sale. This is an essential part of the pricing process because you must know what your competition is. Sold comparables may give you an accurate value of your home, but the home may never sell if there are 5 similar size/condition homes currently on the market that are priced below yours. In any market good or bad, you must always keep an eye on your comeptition.
If you looking for an experienced realtor who works in the Coral Gables area to help you in your home search, I would be happy to assist you. Please contact me at 305.342.1623 or send me a note here.
12 Sold Homes This Week, 33 This Month!
March 26th, 2010 Categories:Coral Gables Real Estate
There have been 12 single family homes sold in Coral Gables over the past 7 days and 33 so far this month. That is a great indication that the market in Coral Gables is heating up! More good news is that the average selling “price per square foot” has increased slightly this month to $299.00.
Take a look at the most recent sales below.
- 255 Solano Prado | List Price: $6,200,000 | Sale Price: $5,245,000 | 6 BR/7 BA
- 3146 Alhambra Court | List Price: $1,889,000 | Sale Price: $1,650,000 | 5 BR/4 BA
- 11097 Paradela Street | List Price: $1,075,000 | Sale Price: $930,000 | 4 BR/3 BA
- 4711 Alhambra Circle | List Price: $899,000 | Sale Price: $795,000 | 3 BR/3 BA
- 63 South Prospect Dr. | List Price: $899,000 | Sale Price: $850,000 | 5 BR/3 BA
- 21 East Sunrise Avenue | List Price: $799,000 | Sale Price: $720,000 | 3 BR/ 3 BA
- 1436 Cantoria Avenue | List Price: $738,000 | Sale Price: $720,000 | 5 BR/4 BA
- 1225 Malaga Avenue | List Price: $698,000 | Sale Price: $690,000 | 3 BR/2 BA
- 414 Camilo Avenue | List Price: $398,000 | Sale Price: $406,000 | 3 BR/2 BA
- 1220 Tangier Street | List Price: $395,000 | Sale Price: $335,000 | 2 BR/1 BA
- 1221 Aguilla Avenue | List Price: $288,900 | Sale Price: $250,000 | 3 BR/2 BA
- 2025 Red Road | List Price: $167,200 | Sale Price: $137,000 | 3 BR/2 BA
If you looking for an experienced realtor who works in the Coral Gables area to help you in your home search, I would be happy to assist you. Please contact me at 305.342.1623 or send me a note here.
McMansions, Are They For Everybody?
March 25th, 2010 Categories:Coral Gables Real Estate
Certainly not. Although the Miami attitude is often times ”bigger is better” in terms of homes, cars, boats etc. I have had several buyers tell me lately that they do not want a McMansion and prefer a smaller home on a larger lot with a little bit of character and history.
For those of you who aren’t familiar with the term, a “McMansion” generally refers to a new construction home which has been built right up to the property line in order to maximize square footage.
If you are interested in buying or selling real estate in Coral Gables and are looking for an experienced realtor, feel free to give me a call at 305.342.1623 or send me a note here.
Have A $500,000 Budget? Here Is What You Can Find In Coral Gables
March 22nd, 2010 Categories:Buying in Coral Gables
The $500,000 market is very active right now in terms of sellers and buyers. Every day it seems that new listings in this price range are coming on the market in Coral Gables. Click here to scroll through the entire list of homes in Coral Gables priced under $500,000. Below is a new listing by EWM priced at $499,000. Located at 525 Miller Road in prime south Gables location, this home features an oversized lot with 3 bedrooms, 2 baths. It needs some updating on the interior, but it is a great house with great bones.
The graph below shows the average “Price Per Square Foot” for homes in Coral Gables under $500,000. Sellers in this price range are getting much more for their money compared to just a year ago.
Avg. Price Per Sq. Ft. – Coral Gables Homes Priced Under $500,000
If you are interested in seeing this property or any others in Coral Gables I would be happy to assist you in your home search. Please give me a call on my cell at 305.342.1623 or send me a note here.
Club Villas In Deering Bay
March 17th, 2010 Categories:Coral Gables Real Estate
*Two new listings came on the market today in Deering Bay, click here to see more information.
If you love Deering Bay but aren’t interested in condo living, check out their Club Villas. They offer all of the benefits of single family living with the plush amenities of Deering Bay. There are two Club Villas currently on the market. The first is located at 13632 Deering Bay Drive. This particular unit is located in a corner location across from the marina. The villa features beautiful courtyard and garden views. Details include: 3 bedrooms, 3.5 baths, 3,150 square feet of living space, 2 car garage. The asking price is $949,000 recently reduced from $999,000. The second Club Villa is located at 13630 Deering Bay Drive. This unit features 4 bedrooms, 4.5 baths with 3,105 square feet of living space. The asking price is $1,050,000.
As I have mentioned many times before, I have an agent on my team who lives in Deering Bay and specializes in Deering Bay real estate. She offers a very unique perspective on the market and the community there. If you are interested in seeing this condo or any other properties in Deering Bay please give me a call at 305.342.1623 or send me a note here, our team would be happy to assist you.
To see all properties available for sale in Deering Bay, including condos please click here.
Best Value In Gables Estates, Coral Gables Gated Community
March 15th, 2010 Categories:Coral Gables Gated Communities
There are currently 13 properties on the market in the premiere gated community of Gables Estates. Homes range in price from $4,800,000 all the way up to $49,500,000. The average “List Price/Square Foot” in Gables Estates is currently $1,328 psf (compared to the rest of Coral Gables which is selling at an average of $261.00 per square foot!).
The house with the lowest “List Price/Square Foot” in Gables Estates and the best value right now is located at 220 Leucadendra Drive (photos above). The property is an approved short sale with 6 bedrooms, 6 baths, 7,203 square feet of living space on a 44,695 square foot lot. The home is also located on a canal with 200 feet of sea wall and boat lift. The home sold in 2006 for $6,700,000 and is now priced at $4,999,999.
If you are interested in seeing this property or any others in Coral Gables I would be happy to assist you in your home search. Please give me a call on my cell at 305.342.1623 or send me a note here.
You may also be interested in: The Ultimate Guide To Gated Communities in Coral Gables
Broker for 220 Leucadendra Drive is Florida Realty.
Chasing The Market Since 2006 In Campo Sano
March 12th, 2010 Categories:Coral Gables "Golf Course Front" Properties
There is a property in the Village of Campo Sano that has been on the market since 2006, it is located at 1133 Campo Sano Avenue (Unit #2). The sellers have made about 5 price reductions since then and it is now priced at $995,000. My buyers had it under contract back in 2008 but decided not to go through with the purchase in the end. It is a very nice unit which features a gas fireplace, wood floors, a lavish master bath and great patio with direct views of the golf course. Specifics details include: 3 bedrooms, 2 baths with 2,206 square feet of living space.
For those of you who aren’t familiar with the Village of Campo Sano it is located on the Riviera Golf Course and consists of luxury 2-story villas with separate 2 car garage. It is very rare for these properties to be on the market, and the most recent sale in the Village of Campo Sano was back in 2008. The property sold for $1,200,000 and featured 3 bedrooms, 3 baths with 3,400 square feet of living space.
If you are interested in buying or selling real estate in Coral Gables and are looking for an experienced Realtor, please contact me at 305.342.1623 or send me a note here. To receive a custom market snapshot of your current property just enter your home address here.
Out And About For Coral Gables “Broker’s Open Houses”
March 11th, 2010 Categories:Coral Gables Waterfront Properties
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 (100 feet of water frontage), 2 car carport, 2 car garage and large living and entertaining spaces. The owner of the home is an artist and has done some great things to it, I agree with the listing agent, the house has great karma! Priced at $2,550,000, the home was recently reduced from $2,650,000. Broker is EWM.
If you are interested in buying or selling real estate in Coral Gables and are looking for an experienced Realtor, please contact me at 305.342.1623 or send me a note here. To receive a custom market snapshot of your current property just enter your home address here.
New Construction In Coral Gables Sells For $360.00/SF
March 10th, 2010 Categories:Selling in Coral Gables
This new construction home (built in 2008) sold this week at a price of $1,330,000. Located near the University of Miami and The Biltmore, the home featured 6 bedrooms, 6 baths with 3,627 sq. ft. of living space on a 10,000 sq. ft. lot. $360/square foot is a relatively high price for new construction right now. Recent new construction homes in similar locations in the Gables have sold between $300 to $350 per square foot. The address is 440 Vilabella Avenue and the broker was Coldwell Banker.
If you are interested in buying or selling real estate in Coral Gables and are looking for an experienced Realtor, please contact me at 305.342.1623 or send me a note here. To receive a custom market snapshot of your current property just enter your home address here.
