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Waterfront Home On Riviera Sells $52,000 Above List Price

February 16th, 2014 Written By

Coral Gables Waterfront home

The home located at 4706 Granada Boulevard (listed by Slesnick and Jochem) closed last week for $1,800,000 – the home was listed for $1,748,000.  There were several factors that contributed to this scenario.  First, the home sat on large 18,524 square foot waterfront lot with boat dock.  Second, it was in very good condition with a nicely updated kitchen.  And the last factor was location.  There are very few waterfront homes priced under $2,000,000 in the North Gables area.

This is one of three homes to close above list price in Coral Gables so far this year.  The others were 12631 Ramiro Street which was an unapproved short sale, and 5230 Alhambra Circle which was a foreclosure property.

We know the Coral Gables real estate market and track the sales to help our clients make informed, confident decisions.  If you are interested in working with realtors who specialize in Coral Gables, please feel to contact us here .

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