Coral Gables – Community Information
June 24, 2013
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 14, 2013
The COMMODORE TRAIL dedication wall at the entrance to the new pedestrian bridge over the Coral Gables Waterway at the LeJune/Sunset Circle. Photo courtesy of Bob Deresz. Did you know that the Miami Marine Stadium on Virginia Key on Key Biscayne was originally dedicated as the Ralph Munroe Marine Stadium on December 23, 1963? There […]
May 31, 2013
New on the market in a great South Gables neighborhood is this fully renovated three bedroom, three bath, 2,479 square foot home. Check out the photos of the gleaming hardwood floors, open living spaces, updated kitchen, large master bedroom with his and her walk-in closets, two car garage and pool- patio with that lounge feeling. […]
May 25, 2013
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 […]
May 10, 2013
Sales are heating up in the luxury waterfront community of Gables by the Sea. Eighteen single family homes are on the market. The most expensive home is a 5 bedroom, 5 bath contemporary offered at $8,199,000 . This property, with phenomenal wide bay views, was recently subdivided allowing for a much better asking price. The […]
April 30, 2013
Tucked away off Old Cutler Road in Coral Gables is the exclusive gated community of Journey’s End. This neighborhood, with its towering oaks and palms, features 18 estates with tennis courts, 24-hour security and a marina with boat slips. Four residential homes are for sale in this lush Coral Gables community, once privately owned by industrialist Arthur […]
April 23, 2013
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 […]
April 13, 2013
I read an article today in Florida Realtors who reported that the greater Miami area posted the highest foreclosure activity of any large city in the U.S. for the first quarter, with one in every 79 residences receiving some type of foreclosure filing. This prompted me to analyze the distressed sale activity of single family homes in the South […]
March 26, 2013
Three months ago, I reported that sales in the Coral Gables community of Snapper Creek Lakes have stalled. This is a very desirable gated community yet, it has been six months now since there has been a sale. There are currently two properties under contract and eight homes for sale. Also on the market since last October is an oak laden lot around three quarters of an acre listed […]