Historic Coral Gables Home Sells For $840,000
Updated, Old Spanish homes have a broad appeal to buyers in Coral Gables. I wrote about this one located at 908 Andres Avenue when it hit the market a few months ago (Read Here). Once the sellers reduced the price from $965,000 to $895,000 they got an offer quickly and placed the home officially under contract. The home was situated in the prestigious “Golden Triangle” area of Coral Gables and had a new pool, impact doors and windows, new kitchen and fireplace. All of these variables helped the home garner $339.00 per square foot which is well above the average for non-waterfront homes in Coral Gables. The home was listed by Laura Mullaney of Coldwell Banker.
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Times Have Changed For Home Buyers And Sellers
It is more important than ever for a Realtor to KNOW their local market. By this I don’t just mean keeping track of new listings that hit the MLS or the recent closed sales. I mean the true ins and outs of the market, why some homes sell higher/lower than seemingly similar comparables, why certain properties are better deals than others, as well as expert guidance on where specific segments of the local market are headed.
Thanks to Trulia.com, Zillow.com, Realtor.com and other websites (including ours), buyers and sellers have access to more information than at any other time in history. Many people these days are already informed about recent home sales, new listings and broad national trends in the marketplace which may leave some agents without any new information to offer their clients. This is one reason that I have a philosophy of continuously studying, tracking and analyzing the hyper-local data. As agents, we have to show our clients why we are an essential and valuable resource for them. I can’t tell you how many phone calls I receive from buyers and sellers who tell me that they called us because we specialize in the area. Our in-depth knoweldge of the market helps to set us apart from the rest.
In my opinion, this is a relatively new trend in the real estate world. Gone are the days when a realtor from Ft. Lauderdale drives down to Coral Gables to show property. Today, buyers and sellers want to work with someone who has a solid handle on the local market.
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.
The Coral Gables Real Estate Vault is the most comprehensive source for real estate information in Coral Gables. Read the latest news, statistics and opinions on our market or browse the latest listings in our Coral Gables Gated Communities, Waterfront Homes, Land For Sale, Foreclosures, Short Sales and more.
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List With EWM For Global Exposure During Art Miami 2012
EWM Realtors has just announced that our affiliate, Christie’s International Real Estate, is the exclusive real estate sponsor for Art Miami 2012. Art Miami hosts over 170 artists and galleries who display their works over the 6-day period beginning Dec 4th, during the same days as the Art Basel fair on Miami Beach. This is a wonderful opportunity for myself and other EWM realtors to showcase our luxury listings to over 55,000 art enthusiasts. I have already placed several of my $1,000,000+ listings in art related publications that will run during that week and look forward to the exposure it will provide.
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.
The Coral Gables Real Estate Vault is the most comprehensive source for real estate information in Coral Gables. Read the latest news, statistics and opinions on our market or browse the latest listings in our Coral Gables Gated Communities, Waterfront Homes, Land For Sale, Foreclosures, Short Sales and more.
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Don’t Miss Today’s News From Our Other Real Estate Blogs:
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Waterfront Home Hits The Market In Sunrise Harbour
In connection with my recent post about the inventory levels in Sunrise Harbour (read here), I wanted to update you with a new listing that just hit the market there. 6959 Sunrise Drive came on the MLS at a list price of $8,950,000. The home was designed by architect Ramon Pacheco and offers 8,111 square feet of living space on a 16,500 square foot lot. How would you like to wake up to those views every morning? View more photos and information here. Listed by Mauricio Barbra.
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.
The Coral Gables Real Estate Vault is the most comprehensive source for real estate information in Coral Gables. Read the latest news, statistics and opinions on our market or browse the latest listings in our Coral Gables Gated Communities, Waterfront Homes, Land For Sale, Foreclosures, Short Sales and more.
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Don’t Miss Today’s News From Our Other Real Estate Blogs:
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Got Homes?
Check out the chart above which shows the number of homes for sale in Coral Gables since 2007. At 258 single family homes for sale right now, we are currently seeing the lowest inventory levels in over 5 years. This figure is one reason home values are on the rise. Just this week, 3 of the 7 homes that closed in Coral Gables sold at or above list price.
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.
The Coral Gables Real Estate Vault is the most comprehensive source for real estate information in Coral Gables. Read the latest news, statistics and opinions on our market or browse the latest listings in our Coral Gables Gated Communities, Waterfront Homes, Land For Sale, Foreclosures, Short Sales and more.
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New Listing Hits The Market In The French Village, Coral Gables
The homes in George Merrick’s French Village in South Coral Gables are very much in demand right now. You may remember my post recently about the last home to come on the market in the French Village that went under contract in a matter of days (read that post here: Full Price Offers, Cash Deals, Quick Closings). Because of these conditions, I want my readers to be the first to know about any new listings that hit the market in here.
541 Hardee Road came on the MLS yesterday at a list price of $1,795,000. This renovated and updated home offers 4,148 square feet of living space on a 10,500 square foot lot with 4 bedrooms, 3 baths. Special details include high ceilings, new roof, impact windows, wine cellar, electric entry gate and private brick drive with carport. Listed by Ashley Cusack of EWM. View more photos and information here.
Below is a map of Geroge Merrick’s other villages in Coral Gables, courtesy of www.brittexusa.com. If you are interested, I would be happy to provide you with a list of other homes for sale in these historic neighborhoods.
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.
The Coral Gables Real Estate Vault is the most comprehensive source for real estate information in Coral Gables. Read the latest news, statistics and opinions on our market or browse the latest listings in our Coral Gables Gated Communities, Waterfront Homes, Land For Sale, Foreclosures, Short Sales and more.
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Just Sold By The Riley Smith Group In Coral Gables!
Congratulations to our buyers who closed on their home located at 1215 Santona Street today. These buyers were looking for a property with good bones in a good location and we found them the perfect combination of both. We acted quickly when we saw the house come across the MLS and were able to place it under contract within a week. The home offered 3,011 square feet of living space on a 13,525 square foot lot and the sale price was $760,000 or $252.00 per square foot.
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.
The Coral Gables Real Estate Vault is the most comprehensive source for real estate information in Coral Gables. Read the latest news, statistics and opinions on our market or browse the latest listings in our Coral Gables Gated Communities, Waterfront Homes, Land For Sale, Foreclosures, Short Sales and more.
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Just Listed In Snapper Creek Lakes By The Riley Smith Group!
I am excited today to announce our latest Coral Gables listing located in the prestigious Snapper Creek Lakes community. As you enter the private gates of this island inspired sanctuary, you are instantly whisked away from the hustle and bustle of Miami living. Enjoy the bay breezes on one of the home’s many verandas as you overlook the Geoff Gordon designed botanical gardens full of specimen palms and fruit trees. Walk the meandering pathways to sunken grottos and koi ponds. The grounds are truly stunning and capture the essence of tropical living.
The home was completely renovated in 2004 with attention to every detail. The owners have hand selected every material to maintain consistent quality and character throughout the home. Some of the special details include mahogany woodwork designed by architect Trelles Cabarrocas Architects and executed by master carpenters Hector and Hector, as well as Ipe Brazilian wood on the balconies, and Dade County Pine in the entryway. The hand-cut coral rock and Caribbean keystone on the property took approximately 2 1/2 years to complete.
If you like to entertain, then you will love the spacious living areas which open onto the expansive terraces as well as the poolside gazebo with summer kitchen equipped with misting system, Star 20,000 BTU gas griddle and Star 4 burner gas stove. Being a sports lover, I particularly like the home theater with 84″ screen, sound proof upholstered walls and 13 theater style seats.
This incredible property offers the best of both worlds when it comes to enjoying the outdoors. In addition to the Fairchild-like gardens I mentioned above, there is also a 60 foot sparkling pool with Jacuzzi as well as plenty of grass for the kids to play.
The home offers so many unique and special details that I cannot possibly cover them in one post. If you are interested in taking a tour of this special home please don’t hesitate to contact me at 305-342-1623 I would love the opportunity to show it to you.
10200 Old Cutler Road, Coral Gables FL 33156
- 7,363 (8,338 Per Appraisal) Square Feet Of Living Area
- 64,469 Square Foot Lot
- 7 Bedrooms, 9 Full Baths, 2 Half Baths
- 3 Car Garage
- Asking Price: $3,990,000
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.
The Coral Gables Real Estate Vault is the most comprehensive source for real estate information in Coral Gables. Read the latest news, statistics and opinions on our market or browse the latest listings in our Coral Gables Gated Communities, Waterfront Homes, Land For Sale, Foreclosures, Short Sales and more.
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Sunrise Harbour Suffering From Lack Of Inventory
I write about the Sunrise Harbour area of Coral Gables quite frequently here on my blog. I find that it is an unknown area for many buyers and I really like how centrally located it is between Coral Gables, South Miami and Coconut Grove. It is also home to some of the least expensive waterfront properties you can find in Coral Gables. The neighborhood has suffered this year (as have most areas in CG) from a severe lack of inventory. Check out the map above which shows that there are just 8 homes for sale in the Surnise Harbour/Sunrise Point areas. Then read my posts written in 2010 and 2011 which show inventory here running anywhere between 20 to 25 homes at any given time: Coral Gables Hot Spot – Sunrise Harbour & Homes For Sale In Sunrise Harbour
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.
The Coral Gables Real Estate Vault is the most comprehensive source for real estate information in Coral Gables. Read the latest news, statistics and opinions on our market or browse the latest listings in our Coral Gables Gated Communities, Waterfront Homes, Land For Sale, Foreclosures, Short Sales and more.
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Alonzo Mourning Sells Gables Estates Home, Buys In Pinecrest
Back in 2005, former Miami Heat basketball star Alonzo Mourning purchased his house in Gables Estates for a cool $12,750,000. Earlier this month he sold it for $11,350,000. You can read about the sale of his Gables Estates home here. Although he was looking for homes in several areas of Miami (including Coconut Grove and Coral Gables) Alonzo and his wife decided on a beautiful home in Pinecrest. The new property is located at 6342 SW 109 Street and offers 6 bedrooms, 8.5 baths with 9,863 square feet of living space on a 38,768 square foot lot. Listing broker for both properties was Engel and Voelkers.
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.
The Coral Gables Real Estate Vault is the most comprehensive source for real estate information in Coral Gables. Read the latest news, statistics and opinions on our market or browse the latest listings in our Coral Gables Gated Communities, Waterfront Homes, Land For Sale, Foreclosures, Short Sales and more.
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