Brownstones In Coral Gables
September 29th, 2011 Categories:Coral Gables Townhouses
These townhouses are the Coral Gables version of a Boston Brownstone. The Almeria Row project is located on Almeria Street and offers some of the only townhouse style properties in Coral Gables. There are 10 total, one is currently under contract and there is only one on the market for sale. As you can see from the photos, the finishes and design in these townhouses are stunning. The particular unit that is for sale offers 4 bedrooms, 4 baths with 3,485 square feet of living space with a small pool and 2 car garage in the back. The townhouse is being offered at $1,329,000. If you like a classic style and are looking for something that can be closed up easily and very secure, then you should definitely check this project out. View more photos and information here. There is currently 1 townhouse under contract in this community.
I know the numbers, I analyze the market, my clients make better decisions. If you are interested in buying, selling, building or renting and are looking for a real estate agent who specializes in Coral Gables, please feel free to contact me at 305.342.1623 or send me a note here.
Just Listed: Magnificent Home On Santa Maria Street, Riviera Golf Course!
September 28th, 2011 Categories:Coral Gables "Golf Course Front" Homes For Sale, Coral Gables Real Estate
I just listed this spectacular Colonial Revival home overlooking the Riviera Country Club’s 15th fairway. The home is situated on Santa Maria Street, one of the most beautiful and highly sought after streets in Coral Gables. This is one of five of George Merrick’s original Pioneer Village homes built in 1926. The home has been extensively restored in 2008 to include exquisite built-in cabinetry, a slate roof, a luxurious master suite with walk in closet as well as a separate garage apartment and whole house generator. The home is in superb condition and is beautifully appointed with the finest finishes throughout.
Details of 4320 Santa Maria Street include 6,146 square feet of living space on a 16,875 square foot lot. The home offers 5 bedrooms, 4 full baths and 1 half bath. The home is being offered at $3,800,000. To view more photos of this property, visit www.4320santamaria.com
Contact me for more details of this home on my direct line at 305-342-1623.
Home On Tibidabo Sells For Full Price After 2 Years On Market
September 27th, 2011 Categories:Coral Gables Real Estate
You don’t see this very often. The home located at 743 Tibidabo Avenue in Coral Gables was on the market for 2 years and just closed for full asking price of $849,000. The home wasn’t reduced once over its time on the market. I don’t believe I have ever seen a case where the seller held their ground so firmly and got what they wanted. The property was listed by EWM Realtors, Inc.
I know the numbers, I analyze the market, my clients make better decisions. If you are interested in buying, selling, building or renting and are looking for a real estate agent who specializes in Coral Gables, please feel free to contact me at 305.342.1623 or send me a note here.
Cocoplum Real Estate Update: 2 Waterfront Sales Under $2,500,000
September 26th, 2011 Categories:Coral Gables Gated Communities, Coral Gables Waterfront Homes
Prior to this summer there had not been a single recorded waterfront sale in Cocoplum under $2,500,000. However in June of this year the canal-front home located at 194 Caoba Court closed for $2,225,000 and just this past week the canal-front home located at 184 Paloma Drive closed for $2,300,000. You do have to take into consideration the condition, year and size of these properties but even if you account for those things a sale under $2,500,000 for a waterfront home in Cocoplum is pretty remarkable.
This is just more evidence that buyers are getting some great deals on waterfront properties . In 2010 there were 27 waterfront homes sold under $2,500,000 in Coral Gables and this year there have already been 30 sold (plus 5 that are pending).
I know the numbers, I analyze the market, my clients make better decisions. If you are interested in buying, selling, building or renting and are looking for a real estate agent who specializes in Coral Gables, please feel free to contact me at 305.342.1623 or send me a note here.
What Are Your “Must Have” Amenities In Coral Gables?
September 22nd, 2011 Categories:Coral Gables Gated Communities, Coral Gables Real Estate
Basketball Court | 460 Marquesa Drive, Gated Community Of Old Cutler Bay | Courtesy of ReMax | Photos And More Information Click Here
Summer Kitchen | 9100 Old Cutler Road | Photos And More Information Here | Courtesy of Carole Smith, EWM.
Theater Room | 180 Arvida Parkway, Gated Community of Gables Estates | Photos And More Information Here | Courtesy of Avatar.
Walk-In Wine Cellar | 130 Casuarina Concourse, Gated Community of Gables Estates | Photos And More Information Here | Courtesy of One Sotheby’s.
I know the numbers, I analyze the market, my clients make better decisions. If you are interested in buying, selling, building or renting and are looking for a real estate agent who specializes in Coral Gables, please feel free to contact me at 305.342.1623 or send me a note here.
Waterfront Homes In Coral Gables
September 21st, 2011 Categories:Coral Gables Waterfront Homes
I am in the middle of preparing my latest Fall/2011 Coral Gables Real Estate Newsletter and I just came across some interesting numbers. We’ve known for quite some time that the average home in the Gables sells for 10% off the list price. But if you take a look at the waterfront sales this year, those are occurring at 14% off list price. This means that the average waterfront home is listed for $2,527,176 then sells for $2,175,527. That is a very large discrepancy and means that this year, waterfront sellers are taking a bigger hit off of their final list price than non-waterfront sellers.
Stay tuned here on the Coral Gables Real Estate Vault; I will soon roll out my Fall/2011 Coral Gables Real Estate Newsletter with facts, statistics and trends in the Gables real estate market.
I know the numbers, I analyze the market, my clients make better decisions. If you are interested in buying, selling, building or renting and are looking for a real estate agent who specializes in Coral Gables, please feel free to contact me at 305.342.1623 or send me a note here.
Like The Good Old Days
September 20th, 2011 Categories:Coral Gables Real Estate
I am working with two transactions that have multiple offers right now which reminds me of the good old days during the boom.
It happens more often than not that a property has buyers who are circling but not ready to pull the trigger. Once an offer is submitted, the property immediately becomes much more desirable. It is no secret that people want what they can’t have. Both of these properties were on the market for quite some time without much activity, but once that initial offer came in it was great motivation for the other buyers to get off the fence.
Many times buyers are waiting for price reductions or for the sellers to become more motivated, but sometimes that plan can backfire.
I know the numbers, I analyze the market, my clients make better decisions. If you are interested in buying, selling, building or renting and are looking for a real estate agent who specializes in Coral Gables, please feel free to contact me at 305.342.1623 or send me a note here.
Unapproved Short Sale On North Greenway
September 19th, 2011 Categories:Buying Real Estate In Coral Gables, Coral Gables Real Estate
This Old Spanish home located at 2512 North Greenway just came on the market as an unapproved short sale for $665,000. The home has quite a history, it sold 4 years ago for $1,100,000. It offers 2,312 square feet of living space with 3 bedrooms and 2.5 baths. If you have the time and patience to wait for the short sale process to go through, this could be a very good deal.
The property is located on a very deep 8,570 lot with pool and carport. Elegant mosaic cracked tile adorn the floors in the living room and sunroom and Dade County pine in the rest of the house. The bathrooms have been recently redone and the home has impact windows. The property is listed by One Stop Realty. For more photos and information click here.
I know the numbers, I analyze the market, my clients make better decisions. If you are interested in buying, selling, building or renting and are looking for a real estate agent who specializes in Coral Gables, please feel free to contact me at 305.342.1623 or send me a note here.
4415 Ingraham Highway In Coral Gables Sells
September 16th, 2011 Categories:Coral Gables Real Estate
I wanted to keep you informed about the house I wrote about at 4415 Ingraham Highway which went under contract in a matter of days back in July. It closed yesterday for a very good sales price of $1,475,000, or $316.00 per square foot. As I mentioned before, the home was well done with nice finishes. See previous posts about this house here: I know A Good House When I See One, Great New Listing On Ingraham Highway, Coral Gables. Listing agent was Carole Smith of EWM Realtors.
I know the numbers, I analyze the market, my clients make better decisions. If you are interested in buying, selling, building or renting and are looking for a real estate agent who specializes in Coral Gables, please feel free to contact me at 305.342.1623 or send me a note here.
Gated Communities In Coral Gables
September 15th, 2011 Categories:Coral Gables Gated Communities, Coral Gables Real Estate
Homes in gated communities certainly garner a higher value than homes in non-gated communities. The average home in a gated community in Coral Gables is listed for roughly $5,957,000 while the median home is running at about a $4,424,000 list price. Taking a look at the closed sales this year in the gated communities of Coral Gables, there have been approximately 36 homes sold selling at an average of $2,500,000 and a median of $2,000,000. You can see that the demand isn’t quite in line with the supply. By far, the $2,000,000 to $3,000,000 price point sees much more activity in the gated communities.
To view an up to date list of all homes for sale in the gated communities of Cocoplum, Gables Estates, Journey’s End, Snapper Creek Lakes, Hammock Oaks and Gables By The Sea click here.
If you are interested in buying, selling, building or renting and are looking for a real estate agent who specializes in Coral Gables, please feel free to contact me at 305.342.1623 or send me a note here.
