Coconut Grove, Coral Gables & South Miami Real Estate

Archive for the 'Coconut Grove' Category

New Luxury Listing on Premier Coconut Grove Cul-de-Sac – 3835 Park Avenue

I recently listed this fabulous 2-story Mediterranean style home in south Coconut Grove.  It features 6 bedrooms (one converted) 6.5 bathrooms with 5,514 sq ft of living area on a 11,774 sq ft lot. 

What is truly wonderful about this home is the floor-plan.  All of the main living areas open to the wrap around patio complete with the heated pool and gorgeous outdoor entertainment/bar area.

 

Even though there are 2-story ceilings and it is very spacious, there is still a certain warmth to it that is not often the case with the larger homes.  Marble and wood floors throughout, epicurean kitchen, game room and heated pool/spa.  Click here to view the complete virtual tour. 

Asking price – $1,899,000.

If you are looking for homes in this price range, here is a list of the Coconut Grove properties currently available.

If you are interested in viewing this property or any of the other properties mentioned here, call me at 305-987-2644 or email me here and I will be happy to schedule a showing.

You may also subscribe here if you would like this information sent directly to your email.  After subscribing, you will receive an email requesting activation.

Open House this Sunday at 2441 Swanson Ave. Coconut Grove

This weekend I will be hosting an open house on Sunday, April 25th from 2:00 to 4:00, at 2441 Swanson Avenue.  Swanson Avenue is a beautiful, quiet street in North Coconut Grove that runs parallel to Bayshore Drive between 27th and 22nd Avenue.

 

The home has 2 bedrooms, 2 baths and an office/den and a beautiful pool.  Some of the special features include wood floors, crown molding, a formal dining room and a large corner lot.

 

 

And did I mention the pool?  This large secluded pool is surrounded by lush tropical landscaping.  Your own private oasis.

List price $549,000.

 

Click here for additional information and more photos.

If you are out and about, please make sure to stop by and say hello.  I would love to see you. 

And of course, if you or someone you know is looking for a real estate professional who specializes in Coconut Grove, Coral Gables and South Miami real estate, give me a call at 305-987-2644 or send me a note here.

Or, just subscribe here if you would like these blogs sent directly to your inbox.  After subscribing, you will recieve an email requesting activation.

New Sale in Coconut Grove’s Ye Little Wood

Last week we had our first sale in over a year the Coconut Grove community of Ye Little Wood.  It was listed for $599,000. and sold for $550,000.  The property has a 2/2 main house with a 1/1 cottage on a lot of over 14,000 sq ft.  With 2,504 of living area, it sold for just under $220 per sq ft.

I visited this property when it first came on the market and it definitely needed some TLC but there was huge potential there.  Good bones, interesting floor-plan and room to renovate.  The new owner plans on doing just that and making it into a ”green” home.

For those of you who are not familiar with Ye Little Wood, it is a private, gated community of 36 homes just off Douglas Road in South Coconut Grove. It is known for it’s exquisite homes on large tropical lots.

Click here to view the homes currently for sale in Ye Little Wood. In addition to the homes for sale, there is also a 12,050 sq ft lot listed for $899,000.

If you or someone you know is looking for a real estate professional who specializes in Coconut Grove and the surrounding areas, give me a call at 305-987-2644 or send me a note here.

Or, just subscribe here if you would like these blogs sent directly to your inbox.  After subscribing, you will recieve an email requesting activation.

Market Update – Tri-City 1st Qtr 2010 – Coconut Grove, Coral Gables and South Miami

Great news, the first quarter results for the tri-city area are in and it’s looking good.  I have broken down this information into three categories, single family under $1MM, single family over $1MM and condominium/townhomes.  We, as Realtors here in Miami, have felt the increase in activity so we knew things were moving forward but the graphs below provide the evidence to support this.

Single Family Under $1MM

In the under $1MM category, home sales are up 27.5% with inventory of homes dropping 34% over last year.  This means less homes available and more people buying.  Additionally, the homes pended are significantly higher over last year which hopefully will translate to higher closed sales in the next few months. 

 

Single Family Over $1MM

In the over $1MM single family market we are seeing the same trends, just not as drastic.  The closed sales are the same as this time last year but inventory of homes for sale did show a 15.6% decrease.  So basically, the higher end sales have not picked up as of yet.  

 

Condominium/Townhomes

Condos and townhomes have been the hardest hit in this market with the vast amount of inventory and the difficulties with financing.  The good news is that we are seeing improvements in this area too.  The inventory of units is leveling off with a 15% decrease over this time last year and and a 36.4% increase in closed sales.  There even appears to be a spike in pended sales in March.  We will see if this translates into an increase in sales over the next few months.

I love these graphs because, being a visual person, it makes interpretation of the data much easier for me to understand and provides a snapshot of a significant period of time.  I hope it does the same for you.

For more concise market information, just click on Coconut Grove, Coral Gables or South Miami to see the market data specific to each city/area.

If you or someone you know is looking for a real estate professional who specializes in Coconut Grove, Coral Gables and the South Miami areas, or if you would like a trends report tailored to your neighborhood, give me a call at 305-987-2644 or send me a note here.

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Coconut Grove Open House – April 11, 2010 2:00-5:00 – 4001 El Prado Blvd

This Sunday, April 11, from 2:00 pm to 5:00 pm, I will be holding this beautiful home open to the public.  The architecture of this home is spectacular and not to be missed.

Coconut Grove tropical meets California contemporary and the outcome is one dramatic and exciting home on one of South Coconut Grove’s most desirable streets.

This four bedroom, three bath pool home offers 4,312 square feet of living area.  Second floor master offers sweeping views of over 1/3 acre property.

Guest suite features bedroom, bath, kitchen and living room, perfect for in-laws or teens.

If you are out and about or looking to purchase a home in the near future, come by and say hello.  I look forward to seeing you!

If you are unable to come by and are looking for a real estate professional who specializes in Coconut Grove, give me a call at 305-987-2644 or send me a note here

If Contemporary is your Style, here’s the Home for You

Yesterday was Brokers Open day here in Coconut Grove.  This is the time when realtors open their listings to other realtors to view and familiarize themselves with the current inventory of homes.  After doing this for quite some time now, it takes something pretty special to make a big impression.  This home certainly did.  

Located at 3636 Hibiscus Street in South Grove, this four bedroom, five and a half bath home offers over 4,800 square feet of living area. 

Floor to ceiling glass wall brings the outdoors in.  You can see that attention to detail was the name of the game with the state of the art kitchen, full guest suite a fully finished basement complete with media room and game room area.

Since the average sales price of homes in this area of this size and in this condition is aproximately $363 per square foot, the list price of $1,900,000.,  ($390 per square foot) shows that the owners are serious about selling and have priced the home to get the attention of  buyers in that price range.

Considering the quality and spectacular condition of the home, I would be surprised if this home stayed on the market for any length of time.

If you or someone you know is looking for a real estate professional who specializes in Coconut Grove, give me a call at 305-987-2644 or send me a note here.

Or, just subscribe here if you would like these blogs sent directly to your inbox.  After subscribing, you will recieve an email requesting activation.

The Cloisters – Coconut Grove’s Luxury Waterfront Community

The Cloisters is a luxurious gated waterfront community nestled in the heart of Coconut Grove.  If you didn’t know it was there you might walk right on past.

The Italian-styled village consists of 40 villas, each with three levels of spacious living.  Built in 2004, the floorplans offer three to five bedrooms with a living area ranging from 4,500 to 7,900 sq. ft.  

Each unit boasts of epicurean kitchens, designer cabinetry, elegant marble floors, granite counters, huge living and entertaining areas and a spectacular rooftop terrace.  With a two-car garage, private elevator and private garden, you have clearly defined value and luxury throughout.

All of this is fits serenely into its lush surroundings – a natural hardwood hammock bordered by the historic Barnacle State Park, Peacock Park and Biscayne Bay.

Here is a link to the homes currently for sale in the Cloisters.

If you or someone you know is looking for a real estate professional who specializes in Coconut Grove, give me a call at 305-987-2644 or send me a note here.

Or, just subscribe here if you would like these blogs sent directly to your inbox.  After subscribing, you will recieve an email requesting activation.

The 3 Top Farmers Markets of South Miami

One of the great things about living in South Florida is the abundance of fresh produce.  We are blessed to have several options throughout the year for locally grown and organic foods.  Here are my three favorites.

 

 

The Coral Gables Farmers Market is a small outdoor European-Style Green Market.  It is in it’s nineteenth season and is held every Saturday from early January through the end of March.  It is located in the town center with historic Coral Gables City Hall in the background.  There is something for everyone with cooking classes, Tai Chi in the park, gardening workshops and children’s activities.

 

The Coconut Grove Farmers Market is provided weekly by Glaser Organic Farms and offers year round produce and organic products.  Every Saturday you will find and extensive selection of locally grown, organic, raw and vegan foods.  Additionally they have prepared food area where people gather to enjoy some of the best tasting raw and organically prepared items.  Who knew eating healthy could taste so good?

 

The Pinecrest Gardens Green Market is open every Sunday and runs from December through the end of April.  Offering numerous vendors with organic and conventional foods, plants, arts, crafts and fresh produce.  Once you’ve had your fill of the market you can wander into the Pinecrest Gardens and see why it was voted one of the top 20 parks by Miami.com.

If you or someone you know is looking for a real estate professional who specializes in South Miami neighborhoods, give me a call at 305-987-2644 or send me a note here.

January 2010 – Tri-City Market Update – Coconut Grove, Coral Gables and South Miami

Here we are at the beginning of a New Year and a New Decade and the South Florida real estate market continues heading in the right direction.  

The two below graphs represent the movement of single family homes in Coconut Grove, Coral Gables and South Miami areas for the last 15 months.  As you can see, the supply of homes remains steady in January with just a slight dip in sales for the month.  This is likely due to the slow down in buying during the holiday season.  The good news is that there is an increase in the pended homes (under contract) which should reflect an increase in closed sales in February and March.

The first chart shows the numbers for homes listed under $1MM and the second is the over $1MM numbers.

  

Interested in this information for your neighborhood?  Give me a call at 305-987-2644 or send me a note via email and I can develop a report to your specifications.

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One Coconut Grove Weekend – Two Art Shows

This Presidents Day weekend hosted two of Coconut Grove’s favorite events, the Coconut Grove Arts Festival and the St. Stephens Art and Craft Show.  Both venues offered visitors the opportunity to meet with exhibiting artists, sample savory cuisine, enjoy live entertainment and meander through the charming Village of Coconut Grove.

This is the 47th anniversary for the Coconut Grove Arts Festival and it is considered one of the nations premier outdoor fine arts festival.  Historically, over 150,000 people annually migrate to this festival to enjoy the work of over 300 artists from around the world.

The St. Stephens Art and Craft Show, which began as a hot dog stand adjacent to the Coconut Grove Arts Festival 22 years ago, has grown into a national industry event itself.  All this and it still remains a not-for-profit event that helps raise funds for outreach programs in the Coconut Grove and Miami area.

Both happenings are a must see and with the gorgeous weather we had, I can’t think of a better way to spend this holiday weekend.  It was great seeing everyone out and about.

If you or anyone you know is intereseted in buying or selling in Coconut Grove, feel free to give me a call at 305-987-2644 or email me here.