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Debra Wellins

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Gables Estates Category

Luxury Homes for Sale in South Coral Gables

Debra Wellins There are 55 homes for sale in the Southeastern corridor of Coral Gables, thirty five of which are waterfront. Nine homes are currently under contract and eight of these are waterfront. In the last three months, ten homes have sold in South Coral Gables, nine of which are in the luxury waterfront communities of Gables by the Sea and Gables Estates. The graph provides a quick glimpse of active listings in the South Gables subdivisions. South Coral Gables is the area below SW 8oth... Continue Reading >

South Coral Gables Market Report – July 2013

Debra Wellins Closed Sales In July, a total of six properties sold in South Coral Gables off Old Cutler Road averaging 5 bedrooms, 4 baths with 4,428 square feet of living area at an average sale price of $2,740,833 or $619 per square foot.  These homes were on the market an average of 130 days and sold for 94% of list price. By comparison, last July, 2012, four homes sold for an average price of $1,900,000 or $313 per square foot. Pending Sales Eight residential homes... Continue Reading >

Gables Estates 2nd Quarter Sales

Debra Wellins Three residential properties sold during the 2nd quarter in the luxury waterfront gated community of Gables Estates, located off Old Cutler Road in Coral Gables. The exquisite acre estate at 555 Arvida Parkway was  listed for $7,995,000 and sold for $7,000,000.  This Mediterranean home, built in 1990, is 5 bedrooms, 6.5 baths with 8,500 square feet of living space and parking garages that have room for a fleet of cars plus his and her jet skis.  I don't think the yacht... Continue Reading >

Oceanfront Views – For Sale in Coral Gables, Coconut Grove, Key Biscayne and Palmetto Bay

You'd be surprised to know that true oceanfront single family homes for sale these days are rare.  Hundreds of properties have ocean access and are located off canals of Biscayne Bay, but there are only 17 properties in all of Coral Gables, Coconut Grove,  Key Biscayne and Palmetto Bay with true ocean or wide bay views - the kind you'd want to pay $10 million for. You would think Key Biscayne would come in first for ocean views but there are only three homes for sale that meet the criteria.  Coral Gables has... Continue Reading >

Gables Estates Update – On the Waterfront

Debra Wellins Gables Estates, the privately gated waterfront community east of Old Cutler Road, between 80th St and 92nd St. currently has 12 homes for sale.  Most of these residential estates have been on the market for only two to three months, suggesting that luxury waterfront property is selling in Miami.  Properties for sale in this exclusive community range between a ten bedroom, 10 bathroom home with 16,311 square feet (sf) listed at $18,000,000 to a four bedroom, two bathroom house with 3,221 sf of living space listed for $2,999,000.  The... Continue Reading >