This Week In Coconut Grove Real Estate
May 29th, 2009 categories: Coconut Grove Real Estate
3 Coconut Grove Foreclosures Got Snapped Up This Week
There were 3 foreclosures to go under contract this week in Coconut Grove. The first is 1835 Opechee Drive priced at $612,500, which I wrote about last week in a post titled “1835 Opechee, Is It Worth It?”. The house has been in and out of contract several times over the past few months. The second was 4243 Lennox Drive priced at $549,900. The third was 4365 Ingraham Highway priced at $365,900. All three of the above homes were in poor condition and needed significant repairs.
$100,000 Price Reduction On Barbarossa Avenue
In a willingness to stay competitively priced and in light of the pending sale on Irvington Avenue, my client at 4054 Barbarossa Avenue has reduced his price by $100,000 and is now listed at $1,395,000. In my opinion, Barbarossa is the best new construction house in the South Grove. You can see pictures and details of the home here. Now priced at $303.00 per square foot, this house is a great value.
5 Coconut Grove Townhouses Sold In May
The Center Grove has been particularly active this month thanks in part to myself and Berk Boge. Together we sold 2 of the 5 townhouses that closed in May. The other 3 townhouses that sold were foreclosures.
