Coconut Grove, Coral Gables & South Miami Real Estate
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Coconut Grove Luxury Home reduced by $300,000. under contract within 7 days
Recently my home for sale at 3835 Park Avenue, Coconut Grove, was reduced by $300,000. to an asking price of $1,499,000. It is a 6 bedroom, 6.5 pool home located on a cul-de-sac in South Grove. Within days it was under contract. Just goes to show that when a home is priced right, it will get attention.
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.
Mortgage Rates Lowest in 30 Years – 3.75% for 15-year Conventional Mortgages
Once again, rates continue to drop. This morning we had Todd Wheeler of HomeServices Lending stop by our office and he stated that right now 15-year rates are at 3.75% and 30-year conventional is around 4.5%. If you are thinking of buying, selling or re-financing, we may not see rates like this for many years, there is no time like the present.
So if you or anyone you know of is considering buying, selling or renting a home here in Miami, Coconut Grove, Coral Gables and South Miami and would like working with a professional, give me a call at 305-987-2644 or you can email me here.
Tri-City Market Update – July 2010 – Coconut Grove, Coral Gables & South Miami
Under $500,000.
$500,000. to $1,000,000.
Over $1,000,000.
Condominium and Townhomes
Coconut Grove (Miami) to the Florida Keys – Short Trip, Big Vacation
For those of you that follow my blog, you may have noticed a little break in blogging this last week. I was on a much needed and truly valued vacation. The best part for me is that I didn’t have to go too far. One of the many benefits of living here in Coconut Grove (Miami) is it’s location to many coveted vacation spots. None more frequented by this native Miamian than the Florida Keys.
Within 1 hour’s drive you are in this vacation paradise. As a native, I have been going to the Keys all my life and for some reason, the minute I hit the infamous Card Sound Road I feel the stresses and tensions of everyday life just slip away. It is almost magical how it happens every time.
On this trip, we spent the entire time in Key West, the southernmost point in the continental U.S. The Florida Keys are known for their sunny days, spectacular sunsets and many water sports including boating, scuba diving, snorkeling and fishing. In addition to the above, Key West also boasts of a lively nightlife, a variety of eateries and a sunset celebration every evening on Mallory Square.
I couldn’t have asked for more. It was perfect. I feel rested, refreshed and have a tan to boot.
Well now I am back and ready to get back to work so, if you are looking for a real estate professional who specializes in Miami, Coconut Grove, Coral Gables or South Miami real estate, give me a call at 305-987-2644 or send me a note here.
From Fresh Market to Shoppes of Mayfair, Peacocks, Peacocks Everywhere
As the 2010 Coconut Grove Peacock Tour progresses, there are new peacocks popping up all over town. Here are three peacocks you can see strutting their stuff at The Shoppes of Mayfair and Fresh Market.
Golden Ring Peacock
The “Golden Ring Peacock” is the work of The Miami Mosaic Academy’s founder Gina Hubler. The mirrored detail on the peacock actually makes it appear to glow from within. Sponsored by Gary Clark and Jeffrey Sibley it is a delightful and unique peacock. Located on the east side of Mayfair on the corner of Mary Street and Grand Avenue.
Night and Day, you are the one
“Night and Day, you are the one” was created by Fred Hunt and is sponsored by the Mayfair Center. Mayfair in the Grove is an open-air promenade lined with shops and galleries with a tiled fountain and seating areas that invite one to linger. This peacock sits at the Promenade entrance to Mayfair, located at 2911 Grand Avenue.
Coco Fresca
Click here for an interactive map of the locations for all the Coconut Grove peacocks.
If you or someone you know is looking for a real estate professional who specializes in Coconut Grove real estate, give me a call at 305-987-2644 or send me a note here.
Miami Spice – try it, you’ll like it!!
Being a bit of a foodie, I love this time of year. Each summer, beginning in August, several of Miami’s top restaurants participate in a citywide promotion known as “Miami Spice“. All over town, popular eateries are offering 3-course prix fixe menus from world renowned chefs featuring their signature dishes. The goal? To get you and me to step outside of our comfort zones and try someplace and something new!
I have to say that in years past, it has definitely worked for me and my circle of friends. There is so much available here in Miami with all it’s diversity, it would be a shame not to taste every part of it.
The promotion began August 1st and continues through the end of September. Lunches are $22 and dinners are $35. If you are interested in expanding your epicurean horizons, here is the list of the participating restaurants and menus available.
From one foodie to another, ENJOY!!
Buying a Home, Do it Yourself or Not???
Like many people, I am a bit of a do-it-yourselfer. I assume if I handle something myself, I can get a better price or do a better job without having to pay extra for a professional.
Cliffs of Moher
Recently, I found that in certain instances, this is not the case. I was organizing a trip to Ireland for my mother’s 70th birthday and was doing my homework online, of course. I found exactly what we wanted. It was offered by a specific tour group that I assumed did all their transactions online. Just to cover my bases, I contacted a friend of mine who is a travel agent and asked what she had available. Turns out, she can get me the same trip, through the same company, for the same price BUT I will have the additional advantage of the individual service and experience that her company provides. I have to say that I was very surprised. Of course, I would prefer to have a contact person and not a computer as my go to, especially when it comes to something as important as travel arrangements.
While we were talking it occurred to me that it seems like many people feel the same way about buying a home. If they do all the legwork themselves, go to the open houses, look at homes online, deal directly with the listing agent or owner, they will save money.
But, just as in the instance above, that is not usually the case. First of all, and most importantly, here in Florida the Seller pays the entire commission. Both sides of the deal, buyers agent commission and selling agent commission. Buyers are not responsible for any commission. The only fee that a buyer may be charged by his/her realtor is a fee for processing, typically under $300., and that is only at time of closing.
Additionally, wouldn’t you prefer to have someone represent you that is a professional and specializes in the market in which your are looking to buy? Someone to help you navigate the ups and downs of the home buying process? Someone who’s job it is to assist you in all aspects of purchasing a home?
Buying a home, just like travel, can have it’s unexpected challenges and having someone you can rely on is priceless. So if you or anyone you know of is considering purchasing a home and would like working with a professional, give me a call at 305-987-2644 or you can email me here.
Bayshore Drive, Coconut Grove’s Waterfront Corridor
The winding bayside road that links Coconut Grove to Brickell and Downtown Miami is know as Bayshore Drive. Beginning in the Coconut Grove Village center it curves past Peacock Park, Dinner Key Marina, Monty Trainers, Kennedy Park then snakes past Vizcaya on it’s way towards Downtown.
There are some of the most breaktaking homes located along this drive. Here are just a few.
This landmark estate is located at 1653 S. Bayshore Drive and is a 4 bedroom, 4.5 bath with 4,310 square feet of living area with just under an acre of land. Asking Price $2,295,000.
I featured this home, Villa Valentina, in a previous blog as one of my Coconut Grove favorites. This 6 bedroom, 4.5 bath estate consists of 4 separate living quarters and is located at 1855 S. Bayshore Drive. Asking Price $2,885,000.
This three story Meditteranean Villa features 4 bedrooms, 5.5 baths with 6,150 sq ft of living area and comes with a boat slip. It is located in a private community consisting of 25 homes. Asking Price $2,799,000.
Here is a complete list of homes currently for sale on Bayshore Drive, Coconut Grove, Florida
In addition to single family homes there are several condominiums along Bayshore that overlook the sparkling waters of Biscayne Bay. The Grovernor House, Mutiny, Grove Hill Tower, Grove Tower and Yacht Harbor, to name a few, are all luxury at it’s best.
If you or someone you know is looking for a real estate professional who specializes in Coconut Grove real estate, give me a call at 305-987-2644 or send me a note here.
