Gables Estates Update – On the Waterfront

9151 Arvida Lane

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 average home is six bedroom, six bath, with 8,090 sf, with an average listing price of $8,849,833.

No. Bedrooms No.   Bathrooms Square Feet   (SF) $ List Price    (LP) $ LP/SF 
High 10 10 16,311 18,000,000 2,018
Low   4   2   3,221   2,999,000    533
Average   6   6   8,090   8,849,833 1,182
Median   6   5   7,153   7,825,000 1,156

No properties in Gables Estates have closed this year but three of the properties are pending sales.

 

If you would like a private viewing of the properties listed in this fabulous neighborhood or would like to discuss buying or selling a home, feel free to give me a call directly at (305) 898-1852 or email me at wellins.d@ewm.com.

 

View Listings in Gables Estates

 

 

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