Coral Gables, FL Real Estate News

By Philippe Diener
(Brown Harris Stevens)
Navarre Park Condo  Navarre Park Condo Miami The Navarre Park Condo located in the "City Beautiful" of Coral Gables is a real find. Featuring a distinctive Coral Gables architecture, beautifully finished condos, assigned parking and great location. Navarre Park Condos are located at 290 Navarre Ave. Within close distance to the heart of Coral Gables known for its fine dining and shops. With its cozy and serene surroundings, the Navarre Park condo will surely make you feel at home. Navarre Park condo is built more like a boutique condominium tower with only 15 total units. Navarre Park has a selection of units that puts creativity and choice. Navarre Park Condo
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By Philippe Diener
(Brown Harris Stevens)
514 Santander Condo  514 Santander Condo Miami The 514 Santander Condo located in the "City Beautiful" of Coral Gables is a real find. Featuring a distinctive Coral Gables architecture, beautifully finished condos, assigned parking and great location. 514 Santander Condos are located at 514 Santander Ave. Within close distance to the heart of Coral Gables known for its fine dining and shops. With its cozy and serene surroundings, the 514 Santander condo will surely make you feel at home. 514 Santander condo is built more like a boutique condominium tower with only 7 total units. 514 Santander has a selection of units that puts creativity and choice. 514 Santander Condo
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By Philippe Diener
(Brown Harris Stevens)
Gables Grand Plaza | Apartments Coral Gables Rental  Gables Grand Plaza Offering corporate and short term rental units in Coral Gables.  Furnished and unfurnished: 1-3 beds. About Gables Grand Plaza Year Built: 2000Number of Floors: 8Number of units: 195Sq. Ft. range: 775-1,312Beds: 1-3Baths: 1-2Gables Grand Plaza Amenities:- Secured entrance- Clubhouse- Gym- Business Center- Pool- Covered Parking- Assigned parking- Centrally located in Coral Gables
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By Riley Smith, Coconut Grove Specialist
(EWM Realty, International)
Over the Memorial Day weekend I took some friends out on the boat for some swimming and sightseeing.  Being a realtor, one of my favorite things to do is to tour the Coral Gables waterways and see the homes from a different perspective.   Yesterday we decided to hit the "back-country" of Cocoplum.  While the homes on Tahiti Beach have direct Bay views and are obviously more prestigious, the homes that are located on the canals have a serenity and peacefulness about them that is hard to find in Miami.  These homes offer views of the lush mangrove trees, a bit of Florida wildlife, and the serene waters you see in the photo above.  Although we didn't happen to see any this trip, it is not uncommon to see the whiskers of a manatee poking his head up for a breath of fresh air, or a great Eg...
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By Riley Smith, Coconut Grove Specialist
(EWM Realty, International)
Last night I got a call from John Seidel of Coldwell Banker.  He asked me to stop by his Broker's Open House in Snapper Creek Lakes today and assured me that his listing was a "must-see".  I have to say that John did not let me down, it really is a spectacular home with a special history. Let me start out with my first impressions of the property: the home is located on an extremely large lot with Fairchild-esque landscaping (not surprising as it was designed by Raymond Jungles), it offers sweeping views of the garden from every window, large spacious living areas, extra wide hallways, beautiful keystone terrace and pool area and a gorgeous courtyard entryway.   The home was designed by Robert Bradford Brown and is situated on an angle in order to best capture the light in every room.  ...
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By Riley Smith, Coconut Grove Specialist
(EWM Realty, International)
Cocoplum has $205,000,000 worth of real estate on the market today.   This large figure is comprised of 51 homes for sale priced between $1,195,000 and $16,900,000.  The average asking price per square foot is $400 for a non-waterfront home and $500 for a waterfront home.   The average size home on the market in Cocoplum is currently 6,000 sq. ft.  A property that stands out to me as a great deal in Cocoplum is located at 6910 Tulipan Court.  The owners are asking only $257.00 per square foot.  Details of the home include 6,016 square feet of living area with 5 bedrooms, 4 baths and pool.   The home is listed by Prudential Realty and the asking price is $1,550,000.  The house was under contract back in 2009 but the deal fell through. If you are interested in buying or selling within the...
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By Riley Smith, Coconut Grove Specialist
(EWM Realty, International)
Deering Bay has some exciting things going on this summer for its members.   Sonoma vs. Napa Valley Wine Tasting on May 29th  with fine wine specialist Julie Mushett "Dive-In Movie Night" on June 18th features dinner and a movie poolside at 7:30 pm.  A great event for the kids! Summer Camp beginning on June 18th.  Whether its arts, golf, swimming or crafts the Deering Bay Summer Camp offers the perfect mix of activities for children looking to beat the heat. To view all real estate currently for sale in Deering Bay, please click here.   I have an agent on my team who lives in Deering Bay and specializes in Deering Bay real estate.  She offers a very unique perspective on the market and the community there.  If you are interested in seeing any properties in Deering Bay please give me a ...
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By Riley Smith, Coconut Grove Specialist
(EWM Realty, International)
We have fewer and fewer clients who are interested in buying foreclousres these days.  In my opinion, the negatives outweigh the positives for a typical buyer.   First, you usually have to pay with cash.  Second,  foreclosures are poorly maintained and are missing appliances which can be discouraging.   Finally, if the house is priced below market value you must be willing to put in an offer on the spot which makes buyers nervous. Lets take a look at the Coral Gables foreclosure market in 2010: There have been 17 foreclosures sold. Only 4 have sold above list price. Average selling price: $442,000 Average Sale/List Price Ratio: 93% Average Sale Price Per Square Foot: $177.00 (The rest of Coral Gables is at $280.00) Sales Prices range from $615,000 to $63,500 There are currently only 7 f...
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By Riley Smith, Coconut Grove Specialist
(EWM Realty, International)
The above home priced at $6,250,000 just went under contract in Cocoplum.  When it closes, it will be the highest priced home to sell in Cocoplum all year.   Details of the home include 6 bedrooms, 6 baths with an astounding 9,470 square feet of living space on a 34,333 square foot lot.    Special features include a dramatic reflection pool with fire bowl, loft library, butlers pantry, wine cellar, 2 staff rooms, 3 fireplaces, 2 laundry rooms and a summer kitchen.  The house is listed by Shelton and Stewart. Take a look at this year's closed sales in Cocoplum: 7270 West Lago Drive | Sale Price: 3,095,000 | 6 Bedroom, 6.5 Bath | 5,769 Sq. Ft. 112 Palmoa Drive | Sale Price: $2,950,000 | 5 Bedroom, 5 Bath | 5,893 Sq. Ft. 8250 Los Pinos Circle | Sale Price: $2,600,000 | 6 Bedroom, 6 Bath |...
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By Riley Smith, Coconut Grove Specialist
(EWM Realty, International)
Are you a professor or student who wants to live close to the University of Miami campus?  If so, you may be surprised by the price point of the homes that surround the school.  Even though the University has a prime location (just south of The Biltmore Hotel and Golf Course) prices for a move in ready home are as low as $435,000.   Click here to view homes currently for sale in the area. Below are two great homes for sale in the area surrounding UM's campus: 1533 Mantua Avenue (photos below) | 4 Bedroom, 3.5 Bath | 3,435 Sq. Ft. | 10,5000 Sq. Ft. Lot | List Price: $899,000 | Listed by Altara Realty 5111 Donatello Street (photos below) | 3 Bedrooms, 2 Baths | 2,024 Sq. Ft. | 9,925 Sq. Ft. Lot | List Price: $539,000 | Listed by EWM Realtors, Inc. If you are interested in buying or selli...
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By Riley Smith, Coconut Grove Specialist
(EWM Realty, International)
Taking a look at the most recent statistics for Coral Gables real estate it seems that the market has stabilized.  Currently inventory levels are down, the number of home sales is up and prices remain flat. The attached chart shows inventory and sale levels for the past 3 years.  Inventory Levels Coral Gables has 11% less homes for sale than it did back in 2007.   The absorption rate (the amount of time it takes to sell all of our inventory) is down to 13 months (we saw figures as high as 45 months back in 2007).   Experts say that a neutral market has an absorption rate of 4 to 6 months while anything less than 4 months is a seller's market and anything more than 6 months is a buyer's market.   Lower inventory is likely a result of 2 contributing factors.  First, many people are under ...
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By Philippe Diener
(Brown Harris Stevens)
Mendoza Village Condo Coral Gables | Sale Rent Mendoza Village Condo Coral Gables address115 Mendoza Ave Coral Gables Fl. 33134 Mendoza Village Condo Coral Gables About Mendoza Village Condo Year Built: 2004Number of Floors: 5Number of units: 12Sq. Ft. range: 865-1,450Beds: 1-2Baths: 1-2Mendoza Village Condo Miami Amenities:- Secured entrance- Well appointed lobby- Assigned parking- Centrally located in Coral Gables
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By Ed Macias, Miami FL-REO Property Management Multifamily
(Real Estate Teammates)
The U.S. housing market has witnessed its smallest annual increase in foreclosure activity in four years last month. Foreclosure filings were reported on over 300,000 homes in the month of February, that's approximately 2 percent decline from January but an increase from last year. February represents the 12th consecutive month with more than 300,000 foreclosure filings. The slight monthly decrease can be linked to the HAMP program. This has worked to slow the pace of troubled mortgages from going into foreclosure, lenders have been attempting to determine if borrowers qualify for government assistance. Unfortunately there are a number of forces that are working to push foreclosures higher. A major indicator that we all should keep on eye on is the the sluggish labor market which isn't ...
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By Philippe Diener
(Brown Harris Stevens)
Minorca Coral Gables condos sale rent Minorca Coral Gables The Minorca Coral Gables, at 2030 S. Douglas Road, is ideally located in the heart of "The City Beautiful" (Coral Gables, Florida). Minorca Coral Gables is an eight-floor Mediterranean revival style building completed in 2005. Just like many of its neighboring buildings, The Minorca Coral Gables Condo rooftop is lined with Spanish tile. The first floor windows are lined with striped awnings and columns. The Minorca Coral Gables consists of 120 residential units on the top 5 floors. Units range in size from 1, 2, and 3 bedrooms to one exceptional two-level penthouse. Each residential unit has a balcony with beautiful city views, an upgraded kitchen with stainless steel appliances and granite countertops, as well as a master bathr...
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By Philippe Diener
(Brown Harris Stevens)
Minorca Coral Gables condos sale rent Minorca Coral Gables The Minorca Coral Gables, at 2030 S. Douglas Road, is ideally located in the heart of "The City Beautiful" (Coral Gables, Florida). Minorca Coral Gables is an eight-floor Mediterranean revival style building completed in 2005. Just like many of its neighboring buildings, The Minorca Coral Gables Condo rooftop is lined with Spanish tile. The first floor windows are lined with striped awnings and columns. The Minorca Coral Gables consists of 120 residential units on the top 5 floors. Units range in size from 1, 2, and 3 bedrooms to one exceptional two-level penthouse. Each residential unit has a balcony with beautiful city views, an upgraded kitchen with stainless steel appliances and granite countertops, as well as a master bathr...
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By Riley Smith, Coconut Grove Specialist
(EWM Realty, International)
No doubt about it, EWM stays on top of the figures.  Check out this chart that was recently released to our agents.  The chart shows the return on investment (ROI) for real estate in Miami Dade compared to the stock market.  As you can see, real estate has far outperformed investments in stocks.   This chart is just more confirmation that now is the time to buy in Miami! Click on graph to view larger.    If you are interested in buying or selling real estate in the Miami area and are looking for an experienced realtor, please contact me at 305.342.1623 or send me a note here, I would be happy to assist you! To view this chart in its original form, visit Coral Gables Real Estate Vault.
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By Philippe Diener
(Brown Harris Stevens)
Emerald Plaza Condo Miami Emerald Plaza Condo Coral Way address 3410 Coral Way Miami Fl. 33145 Emerald Plaza Condo Miami About Emerald Plaza Condo Miami Year Built: 2007 Number of Floors: 10 Number of units: 61 Sq. Ft. range: 486-899 Beds: 1 Baths: 1-2 Emerald Plaza Condo Miami Amenities: - Secured entrance - Well appointed lobby - Assigned parking - Centrally located in Coral Gables Enter Miami Brickell Condos and Real Estate Website
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By Philippe Diener
(Brown Harris Stevens)
Dakota Condo Coral Gables  Dakota Condo Coral Gables address 111 Edgewater Dr Coral Gables Fl. 33133 Dakota Condo Coral Gables About Dakota Condo Coral Gables Year Built: 1992 Number of Floors: 3 Number of units: 5 Sq. Ft. range: 1,360-2,520 Beds: 3-2 Baths: 2-3 Dakota Condo Miami Amenities: - Secured entrance - Pool (access for one unit) - Assigned parking - Centrally located in Coral Gables See Coral Gables Condos Home Page
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By Philippe Diener
(Brown Harris Stevens)
DAVID WILLIAM HOTEL CONDO David William Hotel Condo Coral Gables address 700 Biltmore Wy Coral Gables Fl. 33134 David William Hotel Condo Coral Gables About David William Hotel Condo Coral Gables Year Built: 1963 Number of Floors: 12 Number of units: 192 Sq. Ft. range: 320-2,630 Beds: Studio, 1-3 Baths: 1-3 David William Hotel Condo Miami Amenities: - Secured entrance - Concierge - Pool - Gym - Assigned parking - Centrally located in Coral Gables See Coral Gables Condos Home Page
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By Philippe Diener
(Brown Harris Stevens)
Douglas Grand Coral Gables Condo  Douglas Grand Condominium address50 Menores, Coral Gables, Fl. 33134 About Douglas Grand Condo Year Built: 2002Number of Floors: 8Number of units: 159Sq. Ft. range: 574 - 1,078 - Floor PlansBeds: Studio, 1 & 2Baths: 1-2Douglas Grand Amenities:- 24-hr Security Cameras- Covered Parking- Gated Community- Pool- Tennis Courts Next to Building- Gym- On-site Publix Supermarket- Central Coral Gables Location See Coral Gables Condos Home Page
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