Construction Continues On Irvington Avenue In South Coconut Grove Via @StrangArchitect
January 27th, 2012 | categories: Coconut Grove Real Estate
Just saw this on Twitter and thought I would share it with you. Strang Architecture is designing an incredible house on Irvington Avenue in the South Grove.
You can follow Max Strang and his team @StrangArchitect and @TropicalModern.
Follow me @RileySmithGroup.
Grovenor House Market Update: 2 Sales So Far In 2012
January 27th, 2012 | categories: Coconut Grove Condos
This month there have already been two condos sold at The Grovenor House in Coconut Grove. Both were 1,756 square feet with 2 bedrooms, 2 baths. They sold for $975,000/$555.00 per sq. ft. (located on the 7th floor) and $1,050,000/$597.00 per sq. ft. (located on the 22nd floor).
In 2011, there were a total of 11 sales at The Grovenor House ranging in price from $725,000 to $2,875,000. The average selling price per square foot was $578.00, which was up $28.00 per sq. ft. from 2010 and $60.00 per sq. ft. from 2009.
There are currently 13 condos for sale at The Grovenor House. With this year’s two sales, there is just one smaller unit (1,756 square feet) available right now, all others are 2,333 square feet and up. Prices range from $1,175,000 and go all the way up to $14,500,000 for the penthouse unit. To scroll through condos for sale at The Grovenor House click here.
The Real Estate Coconut is the most comprehensive online source for Coconut Grove real estate information. Whether you are looking for the latest sales, trends or homes for sale in Coconut Grove, The Real Estate Coconut has it all at your fingertips. Browse Coconut Grove’s gated communities, waterfront homes, villas, townhouses, foreclosures plus much more.
When listing or buying a home it is essential to have a local Realtor who knows the numbers, tracks the market and can value a home correctly. If you are interested in buying or selling I would be happy to meet with you for a no pressure consultation. Call me on my cell at 305.342.1623 or send me a message here.
Enchanting Coconut Grove Waterfront Home
January 26th, 2012 | categories: Coconut Grove Real Estate, Waterfront Homes In Coconut Grove
I was out touring Coconut Grove brokers open houses yesterday and stopped in to see this beautiful waterfront home located at 3635 Stewart Avenue in the gated community of Entrada Estates. You may remember my post a few years back about this house, it sold privately (was not placed on the MLS) for $3,000,000. That post can be read here: Private Sale Occurs On 3635 Stewart Avenue.
The house was built in the 1920’s but has been carefully renovated with attention to every detail. It has a great combination of luxury and character that is often hard to find. I am always partial to well done landscaping, and the gardens surrounding the home here are spectacular. Other special features include a limestone edged pool, cabana/boat house, Pecky Cypress living room ceiling, custom carved black oak doors, guest suite with private entrance and a full house generator. View more photos and information of 3635 Stewart here.
Details of 3635 Stewart Avenue include: 4 bedrooms, 5.5 baths, 5,958 square feet of living space on a 24,960 square foot lot. There are no bridges to the bay. The home is being offered at $4,999,000 by Avatar.
This home is just one of a handful of waterfront homes that are for sale in Coconut Grove. To view all waterfront homes in Coconut Grove, click here.
When listing or buying a home it is essential to have a local Realtor who knows the numbers, tracks the market and can value a home correctly. If you are interested in buying or selling I would be happy to meet with you for a no pressure consultation. Call me on my cell at 305.342.1623 or send me a message here.
Just Listed Contemporary Home In North Coconut Grove
January 25th, 2012 | categories: Coconut Grove Real Estate, New Listings in the Grove
I just listed this great property in North Coconut Grove. It is a magazine quality contemporary style home with an urban sophistication. The home was built in 2002, it is completely concrete block and has been immaculately maintained on the interior. There is a great rooftop terrace which sits under the tree canopy.
The home will appeal to buyers who are looking for a turnkey, townhouse style home in a single family home community. Due to the fact that it is single family and not a condo or townhouse, FHA financing is available. This will open up the house to many more potential buyers.
Details of 2436 Secoffee Terrace: 2 bedrooms, 2.5 baths with 1,573 square feet of living space. The home is being offered at $449,000. View more photos and details here.
When listing or buying a home it is essential to have a local Realtor who knows the numbers, tracks the market and can value a home correctly. If you are interested in buying or selling I would be happy to meet with you for a no pressure consultation. Call me on my cell at 305.342.1623 or send me a message here.
South Coconut Grove Home Featured On HGTV!
January 24th, 2012 | categories: Coconut Grove Real Estate, Grove News
Some buyers of mine (and dear friends) who purchased a home in the South Grove will be featured on HGTV’s show Color Splash this weekend! David Bromstad has redesigned their family room to help bring the outdoors in and combine Old Florida style with a contemporary twist.
If you’ve ever seen the show Color Splash before you know that the homeowners are asked to choose an inspiration for their design. Wanting to keep it local, they decided on The Peacock Garden Cafe which is located in the heart of Coconut Grove.
I have seen the finished product and can tell you that David did an incredible job. It will be great to see Coconut Grove in the national spotlight. The show airs this Saturday, January 28th at 9:00 pm.
Under Contract! 25 Samana Drive In Coconut Grove
January 23rd, 2012 | categories: Coconut Grove Real Estate, What Is Selling In Coconut Grove Real Estate?
Over the weekend we placed our listing at 25 Samana Drive under contract. The buyers were very typical of many buyers we see in this market…..they were ready to act fast when they found something that suited their needs. I showed them the home on Thursday afternoon, they came back for a second showing Thursday evening and we had an offer in our hands by 9:00 am on Friday morning. It doesn’t get better than that!
The home was listed for $850,000 and was one of just a few homes for sale in the Bay Heights area of Coconut Grove. To view pictures and information of 25 Samana Drive, click here.
When listing or buying a home it is essential to have a local Realtor who knows the numbers, tracks the market and can value a home correctly. If you are interested in buying or selling I would be happy to meet with you for a no pressure consultation. Call me on my cell at 305.342.1623 or send me a message here.
Why Coconut Grove?
January 20th, 2012 | categories: Coconut Grove Real Estate
Continuing on with my “Why Coconut Grove?” series of blog posts, here is a wonderful explanation from some clients of mine who purchased a home in Ye Little Wood last year.
“Our family began the search for the perfect vacation home about five years ago. The operative words in our search were Vacation and Home. We wanted to find a perfect climate that allowed us to escape from our winter lives in Toronto. We also wanted more than just a holiday destination… We wanted a home that was part of a safe, friendly, interesting and vibrant community. A tall order.
So many places had already been eliminated after starting out with such high hopes. When our friends mentioned a great regatta weekend in Coconut Grove. “Have you heard of it? It’s divine!” I did some research and fell in love with the online version of Coconut Grove. Could reports of this town in a city live up to our expectations, was I in for another disappointment?
We booked a holiday, rented a great cottage in The Grove as I was instructed to call it, and decided to find out for ourselves. The best way to decipher a neighbourhood is on foot so I strapped on my running shoes for a first hand look…
I began to believe the hype when I saw people having breakfast on a patio, kids walking to school, dog walkers strolling through the neighbourhood, diversity in people, houses, yards. I saw peacocks, trees and foliage and nature… A neighbourhood that had not been razed. I enjoyed mom and pop stores and restaurants, a bookstore open late, and even music on the street corners.
But most importantly and proven over and again, it’s the people in Coconut Grove that made us fall in love. The people who recommended great restaurants, who special ordered the book, who toured us through the real estate, who got us tickets to see the Heat, who invited us to neighbourhood parties, who left welcome orchids on moving day, who have been nothing but kind, and who bent over backwards to make us love The Grove as much as they did.
Best of all it’s the complete strangers who said hello and smiled knowingly as I ran through their neighbourhood that was soon to become my neighbourhood too. ”
After reading that story, how could you possibly live anywhere else?
Influx Of Foreclosures In Coconut Grove Was Expected
January 19th, 2012 | categories: Coconut Grove Real Estate, Short Sales And Foreclosures In Coconut Grove
Since the new year Coconut Grove has seen an influx of foreclosures come on the market. If you have been following my blog over the past year you know that we saw a similar trend at the beginning of 2011. I’m not sure if the banks have a reasoning behind it but if history is any indication they will release several more foreclosures over the next few months and then we will see them taper down as we enter the middle of the year. If you are interested in one of these foreclosures, you have to be ready to pay cash and act fast.
I mentioned the foreclosure on Frantz Avenue earlier this week here…Buyers circling at foreclosures on Frantz and another one worth discussing is located at 4288 Douglas Road in the South Grove (photo above). This has been for sale previously as a foreclosure but the contract fell through at the last minute. The house sits on a nice big lot however it needs a substantial amount of renovations to the interior. List price is $1,299,000 by Kerdyk Real Estate.
The Real Estate Coconut is the most comprehensive online source for Coconut Grove real estate information. Whether you are looking for the latest sales, trends or homes for sale in Coconut Grove, The Real Estate Coconut has it all at your fingertips. Browse Coconut Grove’s gated communities, waterfront homes, villas, townhouses, foreclosures plus much more.
When listing or buying a home it is essential to have a local Realtor who knows the numbers, tracks the market and can value a home correctly. If you are interested in buying or selling I would be happy to meet with you for a no pressure consultation. Call me on my cell at 305.342.1623 or send me a message here.
The Riley Smith Group Is #1 In Coconut Grove!
January 18th, 2012 | categories: Grove News
The numbers are in and I am proud to announce that my team has sold the most number of homes in Coconut Grove in 2011. This marks the second consecutive year that we have earned this title. Thank you to all of our friends and clients who have trusted us with their business needs. We are looking forward to a successful and productive 2012!
Buyers Circling At Foreclosure On Frantz Avenue
January 17th, 2012 | categories: Coconut Grove Real Estate, Short Sales And Foreclosures In Coconut Grove
Yesterday a foreclosure came on the market at 3830 Frantz Avenue in the South Grove for $370,800. I went to take a look at it for some clients last night and there were several groups of buyers checking out the house. At this price, the home will certainly sell to a cash buyer and very likely over asking price. View photos and information here. Details: 1,994 square feet of living space, 3 bedrooms, 3 baths with 10,681 square feet of living space.
I knew the previous owners who sold the house back in 2005 for $1,000,000. Back then it was a charming little Grove house but as many foreclosures do it has fallen into disrepair. In my opinion, the house also has some mold issues that will need to be cleared up.
The Real Estate Coconut is the most comprehensive online source for Coconut Grove real estate information. Whether you are looking for the latest sales, trends or homes for sale in Coconut Grove, The Real Estate Coconut has it all at your fingertips. Browse Coconut Grove’s gated communities, waterfront homes, villas, townhouses, foreclosures plus much more.
When listing or buying a home it is essential to have a local Realtor who knows the numbers, tracks the market and can value a home correctly. If you are interested in buying or selling I would be happy to meet with you for a no pressure consultation. Call me on my cell at 305.342.1623 or send me a message here.