Coconut Grove, Coral Gables & South Miami Real Estate
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New Coconut Grove Foreclosure Priced for Quick Sale
The house at 4130 Poinciana Avenue in south Coconut Grove just came on the market as a foreclosure and is priced to sell. It has 3 bedrooms, 2 baths, 1,615 sq ft of living area, pool in the front with a small back yard and screened patio. Asking price $396,000. $376,000.
It is so compellingly priced that it has recieved a lot of attention and I personally have shown it to two clients already. It appears to be in pretty good condition. This photo is from a previous sale but it gives you a good idea of the front of the home and pool area.
The list price is $245 per square foot which is approximately 15% less than the average price per square foot for Coconut Grove house sales this year.
As with most foreclosures in this price range, I don’t anticipate this property being on the market very long and I will be very interested in seeing what it actually sell for.
