Gardens on Valencia – New Luxury Townhomes In Coral Gables
February 24th, 2010 Categories:Coral Gables Townhouses
There are 6 new luxury townhouses being built on Valencia Avenue. Valencia Avenue is situated south of Coral Way and just blocks from the Granada Golf Course and The Biltmore Hotel. Some special features of these luxury townhouses include: private elevator, 11 foot high ceilings, generator, custom wood cabinets, Sub Zero refrigerator, Wolf oven, Miele Coffee Maker, Miele Dishwasher and 2 car garage. Prices right now in Valencia Gardens range from $1,100,000 to $1,300,000.
Other luxury townhouses in Coral Gables include The Venetian, Old Spanish Village, The Deering Bay Villas. To see a complete list of the townhouses that are available for sale in Coral Gables, please click here.
If you are interested in buying or selling real estate in Coral Gables and are looking for an experienced realtor please contact Riley Smith at 305.342.1623 or send me a note here.
New Listing on Coveted Santa Maria Street In Coral Gables
February 19th, 2010 Categories:Coral Gables "Golf Course Front" Properties
EWM has a new listing on the much sought after Santa Maria Street. As you can see from the map above Santa Maria is completely surrounded by the Riviera Golf Course making it a prime location.
This house sits on a rare double lot (20,000 square feet) with 4 bedrooms, 3 baths and 3,080 square feet of living space. The house also features guest quarters with separate entrance, an updated kitchen, new roof and recently refinished wood floors. Asking price is $1,300,000. The home is also available for rent for $4,200.
If you are interested in seeing this property please contact me at 305.342.1623 or send me a note here.
40% of EWM’s Current Transactions Are Cash Deals
February 19th, 2010 Categories:Coral Gables Real Estate
South Florida real estate is experiencing a large increase in the number of cash trasnactions. About half of my current contracts and over 40% of EWM Realtor’s Inc. overall transactions are cash deals. With the number of financed transactions down due to appraisal and down payment issues Miami should count its lucky stars that it has so many cash buyers coming into the market.
Gables On The Green, Market Update
February 17th, 2010 Categories:Coral Gables Condos
Two new listings came on the market recently in Gables On The Green. The condominium was built in 2002 and all of the units have great views of the golf course, Gables canopy and the Miami skyline. Gables On The Green is ideally located just steps from Miracle Mile and downtown Coral Gables.
The first unit (#1502) came on the market in January. It is the lowest priced unit in the building at $1,025,000. The unit features 3 beds, 3 baths and is located on the 15th floor with 2,100 square feet of living space. Broker is Great Properties International.
The second unit (#1203) came on the market last week at a price of $1,350,000. This is also a 3 bedroom, 3 bath unit with 2,100 square feet but is located on the 10th floor. Broker is EWM Realtors, Inc.
The last 3 bedroom to close in Gables On The Green was in 2008. It was located on the 7th floor, had 2,100 square feet and sold for $750,000.
If you are interested in buying or selling real estate in Coral Gables and are looking for an experienced agent, please contact me at 305.342.1623 or send me an email here.
Edgewater Drive In Coral Gables – Something For Everyone
February 15th, 2010 Categories:Coral Gables Condos
Edgewater Drive is located at the mouth of the Coral Gables Waterway. As far as real estate goes, there is something for everyone on this street. You can find inexpensive non-waterfront condos on the north side of Edgwater and $16,000,000 penthouses on the south side.
Talking with residents of Edgewater Drive they tell me that they love the street for its proximity to Coral Gables and Coconut Grove. The street also has a very residential feeling. It is lined with trees and sidewalks, and is just steps from the recently renovated Sunrise Park. The street is a haven for joggers and cyclists (including myself) on the weekend who try to avoid the traffic found on Ingraham Highway.
If you are in the market for condos in Coral Gables you should check out what is available on Edgewater Drive. Condos for sale on Edgewater Drive. Condos for rent on Edgewater Drive.
The Ultimate Guide To Gated Communities In Coral Gables
February 12th, 2010 Categories:Coral Gables Gated Communities
Taking a look at the below numbers you will see that Gables Estates still remains the premiere gated community in Coral Gables with an average list price per square foot of $1,328.00 and sale price per square foot of $856.00. If you want to be in a gated community for good value you should check out Gables By The Sea. The homes in Gables By The Sea are priced at $448.00 per square foot and sell for an average of $375.00 per square foot.
Snapper Creek Lakes
There are 14 homes for sale in Snapper Creek Lakes. They range in price from $1,799,000 all the way up to $12,500,000. The average list price per square foot is $614.00. There was one home sold in Snapper Creek Lakes in 2009 and it sold for $2,100,000 at a sale price per square foot of $384.00. There have been no closed sales in 2010 so far in Snapper Creek Lakes. To view homes currently on the market in Snapper Creek Lakes click here.
Gables Estates
There are 13 properties for sale in Gables Estates and prices range from $4,800,000 to $49,500,000. The average list price per square foot is $1,328.00. There were 5 homes in Gables Estates sold in 2009 at an average sale price of $6,570,000 and an average sale price per square foot of $856.00. There have been no closed sales in Gables Estates so far in 2010. To see homes currently for sale in Gables Estates please click here.
Cocoplum
There are 45 homes for sale in Cocoplum. The properties range in price from $1,197,000 to $12,000,000. The average list price per square foot is $650.00. There were 15 homes sold in Cocoplum in 2009 and they had an average sale price of $3,261,324 and an average sale price per square foot of $468.00. There was 1 home sold in Cocoplum in 2010 and it sold for $2,550,000 at a sale price per square foot of $497.00. To view homes currently for sale in Cocoplum, please click here.
Old Cutler Bay
There are 11 properties for sale in the gated community of Old Cutler Bay. Homes range in price from $3,295,000 to $10,500,000. The average list price per square foot is $970.00. There were 3 homes sold in Old Cutler Bay in 2009 at an average selling price of $2,908,333 with an average selling price per square foot of $508.00. And no homes have sold in 2010 so far in Old Cutler Bay. To view homes currently for sale in Old Cutler Bay please click here.
Journey’s End
There are 2 properties for sale in Journey’s End. They are priced at $4,200,000 and $4,900,000. The average list price per square foot of these properties is $602.00. Two homes sold last year in Journey’s End. The average sale price was $4,450,000 with an average sale price per square foot of $368.00. To see all properties currently for sale in Journey’s End, click here.
Gables By The Sea
There are 13 properties for sale in Gables By The Sea. They range in price from $699,000 to $3,575,000. The average list price per square foot for homes in Gables By The Sea is $448.00. There were 14 homes sold in 2009 at an average sale price of $1,530,993 and an average sale price per square foot of $375.00. There have been no closed sales so far in 2010 in Gables By The Sea. To view the properties in Gables By The Sea that are currently on the market click here.
Virtual Real Estate Driving Tour Of Old Cutler Road
February 10th, 2010 Categories:Coral Gables Real Estate
Ever sit in your car on Old Cutler Road during rush hour traffic and wonder what the asking price is for all of those one-of-a-kind homes? Well you are in luck because I have compiled a list of all of the properties currently for sale on Old Cutler Road in Coral Gables.
Start your engines…here we go from north to south:
8525 Old Cutler Road | Asking Price: $14,700,000
Located within the gated community of Gables Estates but situated just south of the Gables Estates entrance this home features 5 bedrooms, 5.5 baths on 3.5 acres of prime waterfront land with 375 feet of water frontage, direct ocean access and deep water dockage. The property has been on the market since 2006. Broker is Coldwell Banker.
9440 Old Cutler Road | Asking Price: $4,200,000
This home was completely redone in 2004 and features such amentities as a 1,000 bottle wine room and 2 guest cottages on almost 2 acres of land. With waterfalls and koi ponds, this plantation style home is one of a kind. The home also features 9 bedrooms, 10 baths and 8,660 square feet of living space. It has been on the market since 2008. Broker is Avatar.
10200 Old Cutler Road | Asking Price: $5,295,000
This home is located on Old Cutler Road but technically in the gated community of Snapper Creek Lakes. It features 7 beds, 9 baths with 8,338 square feet of living space on a large lot. Special features include a 16 seat home theater, gazebo, koi ponds, waterfalls and a storybook treehouse. Broker is EWM Realtors, Inc.
10400 Old Cutler Road | Asking Price: $1,998,000
Also located in Snapper Creek Lakes is this contemporary style house designed by Robert Bradford Browne. The home features 6 bedrooms, 6.5 baths and 6,200 square feet of living space on a 51,400 square foot lot. Broker is Coldwell Banker.
10700 Old Cutler Road | Asking Price: $1,799,000
Also in Snapper Creek Lakes is this home priced for land value. The size of the lot is 49,698 square feet. It has been on and off the market since 2007 when it was priced at $2,800,000. Broker is Gateway Realty.
11401 Old Cutler Road | Asking Price: $2,100,000
This 1 acre property is adjacent to Matheson Hammock Park. The home features 6 bedrooms, 6 baths with 6,297 square feet of living space. Some special additions include a basketball 1/2 court, 3 “bonus” rooms, 3 car garage and oversized pool. It has been on the market since 2007 and was originally priced at $2,700,000. Broker is Avatar.
If you are interested in buying or selling real estate and would like to use the services of an experienced local realtor, please give me a call on my cell at 305.342.1623 or send me a note here.
Coral Gables Waterfront Homes – Market Update
February 9th, 2010 Categories:Coral Gables Waterfront Properties
There are about 100 waterfront homes currently on the market in Coral Gables. We are averaging between 3.5 closed waterfront homes in Coral Gables a month. If you take a look back at the sales during 2008 and 2009 (see chart below), you will see that the average list price of waterfront homes has remained fairly steady ranging from $4,000,000 to $5,000,000, while the sales have been much lower with a range of $1,420,000 to $6,250,000. Take a look at all waterfront properties in Coral Gables by clicking here.
If you are interested in buying or selling real estate in Coral Gables and are looking for a realtor who specializes in luxury real estate, please call me at 305.342.1623 or send me a note here.
Coral Gables Condo Sells For $666.00 PSF
February 8th, 2010 Categories:Coral Gables Condos
What was the highest “Price Per Square Foot” received for a Coral Gables condominium in 2009? Was it a Penthouse in Deering Bay? No. Was it a designer unit at Gables On The Green? No.
In fact, the condominium that garnered the highest “Sale Price Per Square Foot” in 2009 was for a 450 square foot ground floor unit at The Gables Club. This “Guest Suite” was available to Gables Club owners only and featured 2 bedrooms, 1 bath or/ 1 bedroom, 1 bath and den. The space could be used for guests, staff or as an office. It sold for $400,000.
Other sales in 2009 in the Gables Club were:
- Tower 1 | Unit 4H | 2 bedroom, 3 bath | 2,570 square feet | Sale Price: $800,000
- Tower 1 | Unit 3G | 2 bedroom, 3 bath | 2,590 square feet | Sale Price: $650,000
- Tower 2 | Unit 9G | 2 bedroom, 3 bath | 2,960 square feet | Sale Price: $1,262.500
- Tower 2 | Unit 104 – Guest Suite | 2 bedroom, 1 bath | 450 square feet | Sale Price: $300,000
- Tower 2 | Unit 7G | 2 bedroom, 3 bath | 2,960 square feet | Sale Price: $1,400,000
- Tower 2 | Unit 8E | 3 bedroom, 3.5 bath | 3,100 square feet | Sale Price: $1,200,000
If you are interested in buying or selling real estate in Coral Gables and are looking for an experienced local realtor, please give me a call at 305.342.1623 or send me a note here.
New Foreclosure in Coral Gables
February 5th, 2010 Categories:Buying in Coral Gables
A new foreclosure came on the market in Coral Gables today, it is located at 1201 Andora Avenue. The list price is $404,900, and it has 3 bedrooms, 3 baths with 2,317 square feet of living space on a 9,317 square foot lot. Asking price per square foot is $174.00 which is about $100.00 less than the average in Coral Gables.
If you are interested in buying or selling real estate in Coral Gables and are looking for an experienced realtor, please feel free to contact me at 305.342.1623 or send me a note here.
