Introducing 4090 Barbarossa Avenue In Coconut Grove

Exterior Picture of 4090 Barbarossa Avenue

Today I would like to present my newest listing in Coconut Grove.  Located at 4090 Barbarossa Avenue, this magazine quality home is designed for entertaining with open living spaces and a large covered terrace overlooking the pool and lush tropical gardens. Some of the special features include 11′ tray ceilings, double crown moldings, limestone & wood floors, custom cabinetry and impact glass throughout.  A professional chef’s kitchen features Viking, Miele and Subzero appliances.  The master suite is not to be missed!

4090 Barbarossa Avenue is conveniently located within walking or biking distance to the Grove village center.

Home For Sale In Coconut Grove

Kitchen at 4090 Barbarossa, Coconut Grove

Pool at 4090 Barbarossa Avenue, Coconut Grove

Details of 4090 Barbarossa Avenue, Coconut Grove:

  • 5 Bedrooms, 4 Bathrooms
  • 3,552 Square Feet Living Area
  • 8,175 Square Foot Lot
  • Offered at $1,950,000

If you would like to schedule a showing of this home, please contact my office at 305-960-5318.  You can also request a showing by filling out our contact form here.

If you are interested in buying or selling a home in Coconut Grove it is essential to work with someone who knows the numbers and tracks the sales.  I have been the #1 top producing Realtor in Coconut Grove for over 5 years and would love the opportunity to work with you.  I can be reached anytime on my cell phone at 305-342-1623.

 

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Throwback Thursday | A Day In The Life Of A Realtor

I was looking through  my archive blog articles last night and came across this post from 2009.  Funny how even though the real estate market has changed dramatically since then, life as a Realtor has stayed pretty much the same.  Yesterday, for example, I still started my day at Greenstreets, answered over 75 phone calls and 50 emails, met with potential sellers and was up until 11:00 pm putting one of my listings under contract.

A Day In The Life Of A Coconut Grove Realtor

Re-Post From August 21, 2009

 The Quiet Before The Storm

Just like every day, yesterday started with breakfast at Greenstreet.  This is my opportunity to gather my thoughts for the day and to catch up with the locals about what’s going on in the Grove.

ViewFromCloisters

I was at the office at 9:30 am after breakfast.  My assistant Sandy and I sat down to answer emails from the night before and go over our game plan for the day, who was going where and who was doing what.

Real Estate Speed Dating

I am working with a great couple who are first time buyers and are very excited to move to Coconut Grove.  They had sent me a list of about 25 homes that they were considering.  Since I have previewed just about everything in Coconut Grove I was able to narrow their list down to 11 possibilities.   Usually it is not a good idea to look at that many properties in one day because it can be difficult to distinguish one from another.  These guys seem to have a firm grasp of what they are looking for and an ability to walk through a house quickly.  So at 11:00 we hit the ground running.  5 homes in the first hour in South Grove, 4 homes in the next hour in North Grove and back to 2 in the South Grove.  My buyers found out that most Grove homes are very quirky!

DSC_0044

Finished with my buyers around 2:00.  No lunch yet, back to the office to get ready for my hectic evening schedule.  Looking at my cell phone for yesterday I see that I made or received 83 phone calls.  What did Realtors ever do without cell phones!  I also prepared a listing agreement for one of my out of town blog readers who owns a great lot in the South Grove.  Stay tuned for more information on that.

I was lucky enough to take an hour and go home to play with my 2 year old from 4:00 to 5:00 pm.  This makes it all worthwhile

June222009 147

Working The Night Shift

5:30 – 6:00 pm: I had a second showing on my listing at 4070 Matheson Avenue which we just reduced by $50,000.

6:00 - 7:00 pm: Back to the office to return some phone calls.

7:00 pm: Met with the sellers of my townhouse on Jackson Avenue to discuss strategy going forward and give them an update on the townhouse market.

8:00 pm: Off to do a listing presentation with another nice couple who own a townhouse in Coconut Grove and are rapidly growing out of it.

Finally, 9:00 pm appointment on my listing at Center Street where we reduced the price of the townhouse from $450,000 to $399,000 which I hope will produce a lot more interest.

At the end of the day I am all talked out, but lucky to work with local Realtors who help to make my job easier and my loyal clients and blog readers for allowing me to do a job that I love.

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The Riley Smith Group Welcomes Bea Citron!

Bea Citron, Realtor

Today I am pleased to announce that top producing Realtor Bea Citron has joined The Riley Smith Group!  

A South Florida resident for over 50 years, Bea is an active and involved member of the Miami community.  Married to Peter Citron, a prominent Hematologist-Oncologist, she left her first career as a Registered Nurse to raise their four children.  During this time, Bea volunteered extensively with various school, community and charitable organizations, including The Wellness Community, Teach for America and Temple Beth Am, where she currently serves on the Board of Directors as Past President. 

Bea is a member of EWM’s Chairman’s Club Emerald Level, a production-based honor which ranks her in the top 1% of Realtors nationally.  Selling over $37,000,000 during the past 5 years, Bea’s success is a direct result of her dedication, unwavering work ethic, enthusiasm and infectious positivity.

With her extensive knowledge and experience in the South Florida real estate market, I know that Bea will be a great addition to our team!

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In Real Estate, Time Can Be Your Best Friend | The Story of 4190 Poinciana Avenue

Small Poincana

I got a call from the owner of 4190 Poinciana Avenue back in June of 2013.  He wanted to speak to me about listing his home.  It had been on the market for $1,1,000,000 for 2 years with a different agent and he wanted to know why it hadn’t sold during that time.  I told him my honest opinion.  The previous Realtor had done a good job, the house was priced perfectly and there was no reason the house hadn’t sold other than the location was a bit of a challenge (it was situated just 1 house away from Le Jeune Road).   After our conversation he decided to list the house with me and we put it back on the market for the same price of $1,100,000.  We had a lot of action on the property over the next few weeks but nobody would pull the trigger.  After 2 months, he decided to refinance the house and had to take it off the market.

Fast forward to July of 2014 when he called and told me that he was ready to sell again.  He was curious if the house had come up in value.  After completing my analysis, we decided on a list price of $1,250,000 ($150,000 higher than the previous price).  We showed the house just about every day and on the 6th day received a very strong offer.  We were under contract on the 7th day from a buyer who had been looking at homes for 2 years.  I am thrilled to report that we closed on the house yesterday for a sale price of $1,175,000.

If you are interested in buying or selling a home in Coconut Grove it is essential to work with someone who knows the numbers and tracks the sales.  I have been the #1 top producing Realtor in Coconut Grove for over 5 years and would love the opportunity to work with you.  I can be reached anytime on my cell phone at 305-342-1623 or you can send me a message here.

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Listings In Coconut Grove Are Down 10% From The Last Month


Decreasing Homes For Sale

If you follow the blog then you know that I am always analyzing the numbers and trends in the Coconut Grove real estate market.  I don’t just track the closed sales, but also keep an eye on the number of active and pending listings which are a good indication of how healthy the market is.   This month there was a dip in the total number of active and pending listings for single family homes in the North and South Grove.  It was down to 131.  This figure  fell 10% from last month and even more from a few months ago.

Low inventory is very typical for this time of year.  We tend to see activity slow down as people finish up their summer vacations and gear up for the new school year.  Now that it is September, I already see the market picking back up again.  Soon enough temperatures will cool off and our real selling season will begin.  I am looking forward to having new homes to sell and new buyers to work with!

If you are interested in buying or selling a home in Coconut Grove it is essential to work with someone who knows the numbers and tracks the sales.  I have been the #1 top producing Realtor in Coconut Grove for over 5 years and would love the opportunity to work with you.  I can be reached anytime on my cell phone at 305-342-1623 or you can send me a message here. 

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New Listing In Sought After Peppertree Village, Coconut Grove

Peppertree Village Collage

Some places just have a certain charm about them that makes them very desirable. Peppertree Village is one of those locations.  This private community of 11 townhomes is surrounded by lush foliage and located just steps from Coconut Grove’s boutiques, galleries, cafes, bay-front parks and marinas.   As you enter the gate and walled courtyard of this residence, you are greeted by open living spaces which are flooded with natural light.  The home features volume ceilings, an updated eat-in kitchen, updated baths, 1 car garage, private rooftop terrace and community pool.  This is a rare opportunity and one that will certainly go fast!  If you are interested in learning more about this listing, please contact my office at 305-960-5318.

Details of 2960 Day Avenue, Peppertree Village:

  • 2 Bedrooms, 2 Full Baths, 1 Half Bath
  • 1,275 Square Feet Of Living Space
  • More Photos Here
  • Listed by The Riley Smith Group

If you are interested in buying or selling a home in Coconut Grove it is essential to work with someone who knows the numbers and tracks the sales.  I have been the #1 top producing Realtor in Coconut Grove for over 5 years and would love the opportunity to work with you.  I can be reached anytime on my cell phone at 305-342-1623 or you can send me a message here. 

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Another Coconut Grove Home Sold By The Riley Smith Group! | 4045 Malaga Avenue

Low Res Malaga Exterior

Congratulations to our sellers who just closed on their home located at 4045 Malaga Avenue in South Coconut Grove.  This Miami modern style home offered 5 bedrooms, 6 baths on a 9,000 square foot lot.  The buyers got a great home that featured walls of windows, light filled living spaces, marble floors, tray ceilings, expansive kitchen which opened onto the family room and a luxurious master suite with private terrace.  The home sold for $1,213,459.

We Know Coconut Grove Real Estate.

If you are interested in buying or selling a home in Coconut Grove it is essential to work with someone who knows the numbers and tracks the sales.  I have been the #1 top producing Realtor in Coconut Grove for over 5 years and would love the opportunity to work with you.  I can be reached anytime on my cell phone at 305-342-1623 or you can send me a message here. 

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Coconut Grove Real Estate Market Review

Coconut Grove Real Estate Chart 1

Coconut Grove Real Estate Chart 2

The charts above show how the Coconut Grove real estate market has fared over the past 7 years.  It is fascinating to see how far we have come since 2008.  As you can see 2013 was a record breaking year for both “Total Volume Sold” as well as “Number Of Homes Sold” and it remains to be seen whether or not we will match or beat those figures this year.

If the market stays on track I believe that 2014 will have a higher volume than 2013 but perhaps fewer sales.  How can that happen?  Values have risen significantly since 2013 and we don’t need as many homes to sell in order to break that $216,000,000 threshold from last year.  The average “Sale Price/Square Foot” right now in Coconut Grove is $428.00/sq. ft., which is up from $356.00/square foot last year.

There are currently 30 homes under contract in Coconut Grove with list prices totaling nearly $42,000,000 in volume.

The Coconut Grove real estate market has changed dramatically over the past 12 months.  If you are curious about the value of your home in today’s market, please don’t hesitate to contact me at 305-342-1623.   Over the past 13 years I have sold over $250,000,000 in real estate and have been the top selling Realtor in Coconut Grove for over 5 years.  I would be happy to sit down with you for a no pressure consultation.  I can be reached anytime on my cell at 305-324-1623 or you can send me a message on my contact form here.

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The Story Of A Coconut Grove Townhouse Owner

Coconut Grove Townhouse

It is sometimes hard to grasp how well the market is doing when you hear the latest real estate percentages, averages and trends.  But the story of my client who recently sold his Coconut Grove townhouse helps to put into perspective how far the market has come over the past few years.

Back in 2009 he came to us looking to buy a townhouse in Coconut Grove.  He liked the urban lifestyle of the Center Grove and wanted to be able to walk into town.  He also liked that townhouses were lock-and-go and easy to maintain compared to single family homes.   At that time, there was a TON of inventory in the Center Grove.  He had his choice of units, but decided on one located at 3060 Indiana Street because it was a very large unit and also because the developer had put in some nice upgrades which added to the value.  It wasn’t the least expensive townhouse on the market but it was a good choice in terms of location and features.  It offered 3 bedrooms, 2 bathrooms with 3,025 square feet of living space with a 1 car garage and pool.  He purchased the townhouse for $515,000.

Fast forward to 2014.  He contacted me a few months ago and told me that he needed to sell.  He had been tracking the market and believed that he would see a nice return on his investment. We placed the townhouse on the market for a list price of $735,000 and put it under contract in less than 10 days.  The townhouse closed this week for $695,000 which is one of the highest sale prices for a newer construction townhouse in the Center Grove this year.  This is a gain of $180,000 in 5 years.

An experienced, knowledgeable Realtor is able to guide you towards the best investment in your price range.  We know the streets, the builders, the layouts and the amenities that will help reduce your risk and make smart decisions.

We Know Coconut Grove Real Estate.

If you are interested in buying or selling a home in Coconut Grove it is essential to work with someone who knows the numbers and tracks the sales.  I have been the #1 top producing Realtor in Coconut Grove for over 5 years and would love the opportunity to work with you.  I can be reached anytime on my cell phone at 305-342-1623 or you can send me a message here. 

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Another “Tropical Cottage” Home Sells In Coconut Grove

3582 avocado avenue

If you live in Coconut Grove and don’t have a copy of “The Tropical Cottage: At Home In Coconut Grove” by Beth Dunlop then you should definitely pick one up.  This book showcases the best of Coconut Grove’s charming bungalows and cottages.

The homes that have been featured in the book certainly have something extra special to boast about when they come on the market for sale.  There have been several that have traded hands over the past few years and most have sold for above average prices.

  • 3720 Kumquat Avenue closed for $431,000 or $451.00/sq ft. in 2013 | Listed by Vicki Restivo of EWM
  • 3559 Palmetto Avenue closed for $1,330,000 or $423.00/sq. ft. in 2014 | Listed by The Riley Smith Group 

This week another “Tropical Cottage” home sold in Coconut Grove. Located at 3582 Avocado Avenue in South Coconut Grove, the property closed for $760,000 or $420.00/sq. ft. (listed by Kathleen Morris of One Sothebys).  Built in 1919, it was one of the original homes of Coconut Grove Park and offered 4 bedrooms, 3 baths with 1,809 square feet of living area on a 7,000 square foot lot.

If you are interested in homes for sale that have been featured in this special book, you should check out my listing at 3752 Kumquat Avenue.  Built in the early 1900′s, the home has been restored to perfection and includes many of the original architectural details.    Click here for details.

I am a Coconut Grove real estate specialist.  Over the past 5 years, I have earned the distinction of selling the most number of homes in Coconut Grove.  If you would like to schedule a buyer or seller meeting with me, please feel free to call me directly at 305-342-1623 or send me a note here.

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