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Coral Gables, FL Real Estate News

By JM Padron, CCIM, CCP, MRICS, CCIM, CCPP, CRB, MRICS
(LA ROSA CRE)
On June 12th, the Coral Gables commission approved the city’s biggest development project ever—“The Mediterranean Village” a 7.1-acre Coral Gables project once known as Old Spanish Village.After more than three years of hard and persistent work the project got finally approved. The massive $500 million plan developed by Agave Ponce LLC will include: a high-end business hotel office space restaurants, retail establishments and a gym 214 condo units and 15 townhouses. Construction paper work will take about six (6) months, plus three (3) months to apply for building permits. The project is estimated to be completed in four (4) years including the paper work and permitting time.The developer is Agave Holdings, LLC a company related to the tequila giant José Cuervo. Agave is the owner and o...
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By JM Padron, CCIM, CCP, MRICS, CCIM, CCPP, CRB, MRICS
(LA ROSA CRE)
The Coral Gables submarket continues to strengthen with office vacancy reaching historical lows and all time high sales prices being set. Most notably the Ponce de Leon Blvd corridor has experienced tremendous growth in multifamily, retail and office.Properties benefit from the acquisition and planned redevelopment of Douglas entrance. Among the relevant factors that contribute to the strength of the Coral Gables office market are: The institutional quality, amenities, easy access/egress, and proximity to the Miami International Airport. Companies are looking to consolidate their headquarters in the gables area. For instance HBO Latin America just consolidated its headquarters by leasing 70,000 square feet at 396 Alhambra Circle. Definitively Miami is the hub for Latin America, and the ...
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Hurricane windows in Florida homes, such as Coral Gables luxury homes, have become standard. Home owners without them are turning more frequently to impact glass. This home improvement addition is a great preventative measure in the Florida area, and add value to a home upon resale.What home owners need to be aware of are the new energy codes that were instituted this year by the Florida Building Commission. These changes affect how insulated impact glass windows are made, and are meeting with a lot of resistance from manufacturers. Learn more about the new energy codes and how these newly instituted rules might be changing.
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Real estate professionals always need to stay abreast of the latest market trends in order to keep themselves as well as their customers informed. One of the newest shifts in the real estate arena is the use of digital media.Whether it is searching to buy homes for sale in Oviedo or renting Coral Gables luxury homes, knowing how consumers are using the latest in digital technology in their home search process was the goal of study conducted by Google and the National Association of Realtors.Learn more about how today’s uber-connected home buyer is using the digital marketplace and what role real estate professional do and can play to stay competitive.
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
According to a new study, immigrants are becoming increasingly an important part of the U.S. home buying home market.Whether it is Coral Gables luxury homes, Palm Beach Gardens luxury homes, or properties across the nation, can immigrants be expected to assimilate enough to buy their own homes and become an important part of the real estate market?A study released by the Center for American Progress projects immigrants’ integration into American society through the year 2030, entitled “Assimilation Tomorrow” examines this topic and how America’s immigrants will be integrating.Authored by University of Southern California Professor Dowell Myers that teaches, researches, and studies demography and urban planning in the School of Policy, Planning, and Development, along with USC Research A...
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Available mortgage credit continues to increase, which is great news for home buyers looking at Coral Gables luxury homes, Weston luxury homes, or other similar real estate properties. According to the monthly report from the Mortgage Credit Availability Index (MCAI), credit availability is loosening across the nation. August numbers are just another indicator that mortgage credit availability is becoming more obtainable for interested home buyers. In fact, the MCAI shows mortgage credit availability has increased 8 of the past 9 months. The MCAI comes from a study by the Mortgage Bankers Association (MBA). Learn more about the August available mortgage credit report.
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
With schools everywhere back in session, many home owners start thinking about their fall gardens. In Florida, the growing seasons are much the same. From spring and fall, the weather is warm and moist. All the more reason to think about growing your own!  If adding a garden to Coral Gables luxury homes has ever crossed your mind, then you need to consider whether you want an in-ground or raised bed. There are pros and cons to both. Find out what will work best for Coral Gables luxury homes and start planting your beans, tomatoes, broccoli, cabbage and collards now!
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
 Wine Cellar and tasting room that is! This stunning estate in Coral Gables famed Gables Estates offers every imaginable amenity in just under 15,000 air-conditioned square feet.As you motor up the cobblestone drive the magnificent Mediterranean styled hacienda greets you with welcoming charm. The spectacular staircase takes you up to the 7 bedroom suites all with water views. This home sports 270 feet of waterfront luxury with direct ocean access.Cocktails on the terrace anyone? There are several to choose from and all are equally glorious.Let's not forget the fabulous pool for those sun drenched south Florida days!Call this home tomorrow by calling Marco Giancola today!Asking $22,500,000
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Catastrophic damage can be done to Coral Gables luxury homes or any other type of residential property if flooding starts when no one is at home. If home owners are on vacation, water sitting in a home for any extended period of time can make the situation even worse. What many home owners don’t realize is that flooding to Coral Gables luxury homes are not typically caused by natural disasters, even with the threat of hurricanes. It is a failure in an appliance or plumbing that usually causes the most water damage in homes.  Find out how you can prevent accidental flooding by inspecting these appliance culprits.
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Buying and moving into a new home, especially Coral Gables luxury homes, can be a very exciting time for everyone, except may be the kids. Children can get very attached to the people they know and places they frequent.Moving can be an exceptionally stressful time for children. When making a move, keep in mind that the children in your life may need some extra time and special attention as the family prepares to make this transition. Learn what you can do to help make the move easier for kids by using the following tips:
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
In today’s visual society, home owners wanting to sell their Coral Gables luxury homes, Weston luxury homes, or other real estate property need to consider posting a virtual tour of their home online. Since virtual tours are the closest thing to physically touring a house it is an easy way to get a lot of interested home buyers to see your home before actual scheduling tour. This helps eliminate those who aren’t really interested, and so you can make time for serious home buyers. Get 10 tips on how to present your home in a virtual tour and then call real estate sales professionals, like Berkshire Hathaway HomeServices Florida Realty, who can help get your property on the Web and sold fast!
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Coral Gables luxury homes are some of the finest pieces of real estate on Florida’s Southwest coast. Potential homebuyers can easily be enticed into securing one of these stunningly beautiful Coral Gables luxury homes only to find out carrying such a substantial home mortgage is more than they expected.  Financial difficulties and other circumstances beyond your control may occur causing you to fall behind on your mortgage payments. If you are experiencing this type of situation or soon will not be able to make your mortgage payments on your Coral Gables luxury homes, there are options worth pursuing with your lender.  There are several options you can explore to assist you during difficult times. Forbearance: A forbearance is a temporary suspension of payments sometimes offered if a bo...
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Living in Florida is fantastic, but the summer months can get very, very hot.Coral Gables luxury homes, Palm Beach Gardens luxury homes, and other residences across the state can really feel the heat right now. Energy costs can more than double for some residents who don’t monitor their home’s utility usage.There are some really simple ways that Coral Gables luxury homes, Palm Beach Gardens luxury homes, and other places can minimize their energy costs while staying comfortable. For example, by being thermostat smart, home owners can save up to five percent on their cooling bill.Get more tips now! 
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Anyone looking to buy Coral Gables real estate is in for a treat. With lush green-lined streets that wind through the residences that make this planned community just southwest of downtown Miami a gem in Miami-Dade County. Many of the homes for sale in Coral Gables reflect the Mediterranean Revival architectural style that blend in so nicely with the surrounding landscape. If you’ve set your sights on owning one of the gorgeous homes for sale in Coral Gables or are interested in investing in Coral Gables real estate, than take moment to read through a couple of secrets in finding the right Coral Gables homes for sale. Become a StalkerTo truly know a neighborhood, you must live there. Eyeing up homes for sale in Coral Gables will only give you an idea of the home itself, but the surround...
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
Ultra-luxury with old world style and modern taste blended together on an open bay point lot is just the beginning of the description for this magnificent home. Just listed @$67M  The Gables Estates home of auto dealer Alan Potamkin (Potamkin Honda, Potamkin Hyundai, Potamkin Mitsubishi, Potamkin Manhattan, etc.) Built in 2000, the home's three levels include a main floor with both a chef's and separate family kitchen, a formal dining room with a1,500 bottle wine room, a family room, corporate office with private bath, a his office/den and hers office/library, children's playroom, three powder rooms and a guest bedroom and bath. Additional amenities include an elevator, three fireplaces, two built-in saltwater aquariums and an aviary. The other 2 floors feature bedroom suites and a mast...
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
The Venetian Pool has been around since the 1920's in the middle of Coral Gables. There is an interesting history behind this one which actually came about by accident. The original developer of the Gables was quarrying coral rock (hence the name Coral gables) to use in building homes. When the quarry started to fill with water he decided to make it into an attraction and built the Tuscan styled buildings and pergolas which is the style in most of the original homes.This cool and beautiful spot is open to the public 365 days a year. One more fact, it is non-chlorinated and a drain/fill system was created way back when. Each evening it is emptied and then refilled with the natural spring water.
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
Nothing short of spectacular at The Biltmore Hotel. The Grand Dame of Coral Gables  has a pool that is still the largest hotel pool in the country. At over a half acre thats a lot of water!In the far left corner the tower used to be a diving platform where they held diving shows and competions back in the day. Johnny W. & Esther W. (for those old enough to remember) were often there.
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By JM Padron, CCIM, CCP, MRICS, CCIM, CCPP, CRB, MRICS
(LA ROSA CRE)
101 Almeria Building 101 Almeria Avenue, Coral Gables, FL 33134 Price Not Disclosed 4,682 SF | Office     Office Property For Sale Price: Price Not Disclosed Building Size: 4,682 SF Property Type: Office Property Sub-type: Office Building Property Use Type: Investment Commission Split: 3% Occupancy: 0% No. Stories: 1 Tenancy: Single Year Built: 1954 Lot Size: 0.11 AC APN / Parcel ID: 03-4117-005-3050 Listing ID 18949276 Last Updated 7 days ago Attachments 40 Year Certification Floor Plan Highlights Excellent investment opportunity Corner stand alone building High Visibility Plenty of parking: Street plus Municpal across Zoned 6600 COMMERCIAL - LIBERAL 40 year inspoection report available Description Excellent investment opportunity, 4,700 SF office building, located at the NW corner of...
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By JM Padron, CCIM, CCP, MRICS, CCIM, CCPP, CRB, MRICS
(LA ROSA CRE)
101 Almeria Building 101 Almeria Avenue, Coral Gables, FL 33134 Price Not Disclosed 4,682 SF | Office       Office Property For Sale Price: Price Not Disclosed Building Size: 4,682 SF Property Type: Office Property Sub-type: Office Building Property Use Type: Investment Commission Split: 3% Occupancy: 0% No. Stories: 1 Tenancy: Single Year Built: 1954 Lot Size: 0.11 AC APN / Parcel ID: 03-4117-005-3050 Listing ID 18949276 Last Updated 7 days ago Find Out More...Is this listing inaccurate? Report Listing Error Attachments 40 Year Certification Floor Plan Highlights Excellent investment opportunity Corner stand alone building High Visibility Plenty of parking: Street plus Municpal across Zoned 6600 COMMERCIAL - LIBERAL 40 year inspoection report available Description Excellent investment...
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By Philippe Diener
(Brown Harris Stevens)
Gables on the Green Condo Information about Gables on the Green: Heat/Cool: Central air conditioning, Central heat, Electric heating, Parking: Assigned parking, Attached parking, Covered parking area, Recreation: swimming pool, Heated pool Amenities: Exercise room, Foyer. Scenery: Golf course view/ The twin towers of Gables on the Green rise majestically above the city's premier location. Gables on the Green overlooks the historic Granada Country Club and Golf Course in the very heart of this unique city where crimson Poinciana's, cascading fountains and winding waterways complement broad boulevards and Banyan-shaded courtyards. Coral Gables' exclusive residential district is discreetly set apart from the pressures and pace of modern life by a series of dramatic arches that serve as gra...
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