The Platinum Triangle Sees Few Sales Due To Low Inventory

March 9th, 2016 Written By

San Servando

There are only 5 homes currently for sale in the sought after neighborhood of The Platinum Triangle. Homes in this area tend to get snapped up quickly due their proximity to the neighboring communities of South Miami and Coconut Grove. It is a very central location in Coral Gables which helps with the daily commute to work and schools.

The active listings in The Platinum Triangle range in price from $997,000 to $3,950,000. Sales in this area have ranged over the past 12 months between $670,000 and $2,575,000. Although there were 11 sales in The Platinum Triangle during 2015, there have not been any closed sales so far in 2016. The lack of activity is a result of low inventory levels.

Check out what is for sale in The Platinum Triangle below:

  1. 4 beds, 3 full baths
    Home size: 2,330 sq ft
    Lot size: 11,275 sqft
    Year built: 1953
    Parking spots: 2
    Days on market: 1
  2. 3 beds, 3 full, 1 half baths
    Home size: 1,931 sq ft
    Lot size: 10,830 sqft
    Year built: 1955
    Parking spots: 2
    Days on market: 18
  3. 4 beds, 5 full baths
    Home size: 3,175 sq ft
    Lot size: 10,200 sqft
    Year built: 1953
    Parking spots: 1
    Days on market: 22
  4. 4 beds, 3 full, 1 half baths
    Home size: 3,984 sq ft
    Lot size: 11,000 sqft
    Year built: 2016
    Parking spots: 2
    Days on market: 25
  5. 4 beds, 3 full, 1 half baths
    Home size: 3,122 sq ft
    Lot size: 8,734 sqft
    Year built: 1982
    Parking spots: 2
    Days on market: 59

See all Coral Gables Platinum Triangle.
(all data current as of 4/28/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

With over $85,000,000 in sales volume in 2015, The Riley Smith Group knows 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 305.960.5317 or send us a note here.

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