August 9, 2013

South Coral Gables Market Report – July 2013

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 […]
July 26, 2013

Chateau Beach Residences in Sunny Isles

I don’t usually write about properties as far north as Sunny Isles Beach in North Miami Beach but, this 33 story lux boutique building, with 84 residences overlooking the Atlantic Ocean, is spectacular. They offer 2 bedrooms from 1,557  to 2,819 square feet, 3 bedrooms from 3,257 to 3,375 square feet and 4 bedrooms from 4,145 […]
July 19, 2013

Gables Estates 2nd Quarter Sales

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 […]
July 10, 2013

Two Estates Sell in The Moorings – Coconut Grove

The Moorings, located in the heart of Coconut Grove, just off Main Highway, is an exclusive waterfront gated community with only 41 homes.  Two of these homes just sold in the last week. 3885 S. Moorings Ct. sold for $2,900,000 ($461/square foot).  This Bermuda Colonial home is 5 bedroom, 5.5 bath  with 6,288 square feet […]
June 30, 2013

EPIC Hotel and Residences – Location and Style

Whether you desire a 4 bedroom, 4.5 bath penthouse or a 1 bedroom, 1.5 bath apartment, this downtown condo has it all – superb location, contemporary style, fantastic amenities and amazing views.  The Epic is located on the Miami River, just over the Brickell Avenue Bridge to the Northeast.  The vistas of Biscayne Bay, Brickell […]
June 25, 2013

Price Per Square Foot Surges in Gables by the Sea

There has been an astounding increase in the average price per square foot of homes for sale in Gables by the Sea for the second quarter of 2013.  Thirteen listings on the market are averaging an asking price of $589/square foot. Compare this number to the seven closed sales averaging only $316/square foot.  That’s a […]
June 24, 2013

Snapper Creek Lakes is Trending Up

Finally there have been some closings in Snapper Creek Lakes after a first quarter lull.  Four properties sold in the second quarter of the year averaging 5 bedrooms and 5 baths, with 5, 206 square feet of living space, for an average sale price of  $2,590,000 or $498 per square foot. But, the trend is […]
June 18, 2013

Key Biscayne Luxury Condo Sales

Condos with a waterfront view are selling on Key Biscayne.  Twenty seven properties have closed in the last 105 days at or above $1 million and 24 of these were waterfront. The Grand Bay had the highest sale at $5,750,000 ($1,195/square foot) for a 5 bedroom 3.5 bath condo, with 4,810 square feet of living […]
May 25, 2013

Luxury Sales in Pinecrest, Coral Gables and Coconut Grove

The luxury residential market is healthy with 38 homes selling at $2 million and up.  Since January,  11 homes in  Pinecrest, 10 homes in Coral Gables and 17 homes in Coconut Grove have closed, 21 of which are waterfront. *Some Nice Features* Most of these high-end homes have what you would expect: gourmet kitchens, luxurious […]