So You Want An Ocean View In Coconut Grove?
June 19th, 2009 | categories: Coconut Grove Real Estate
Many people who come to this blog are not completely familiar with Coconut Grove so I like to write posts that offer general information about different segments of our market.
If you are looking for something with ocean views, Coconut Grove offers properties in all price ranges.
You will notice that in the lower price ranges the options are limited to condominium buildings, but as the price goes up you get into the luxury townhouse market as well as single family homes.
The Sonesta and The Mutiny Ocean View Condos Start At $200,000-$300,000
If you were interested in what we have to offer in the lowest price ranges, you would be looking at The Mutiny or The Sonesta condo/hotel buildings. The units in here are relatively small but do offer water views beginning from $200,000 to $500,000. Water view units in this price range offer 1 or 2 bedrooms with approximately 600 to 1,500 square feet of living area.
Ritz Carlton, Grove Towers, Coconut Grove Bayshore, Grove Isle and Yacht Harbour Ocean View Condos Begin At $600,000-$800,000
If you can go up a little bit in price you would be looking at buying property at The Ritz Carlton, Grove Towers, The Coconut Grove Bayshore, Grove Isle and Yacht Harbour. Here prices ranges start at $600,000-$800,000 for water views. In this range the water view units feature 2 to 3 bedrooms with roughly 1,500 square feet of living space.
Grove Hill, Grovenor House, L’Hermitage, Abitare with Ocean View Condos Start At $1,000,000
Once we get into the million dollar price range, you are looking at the Grove Hill and Grovenor House condominiums as well as the luxury townhouses such as L’Hermitage and Abitare. The lowest prices for water views in The Cloisters (another luxury townhouse community) run in the $2,000,000 range.
Coconut Grove Waterfront Homes Start at $3,000,000
To get into the single family home market with water views, you would have to start in the price range of about $3,000,000. Be aware that there are homes that offer Riparian Rights (access to the water) that are priced lower.
To see more information about the Coconut Grove condo buildings I mentioned above, see the left sidebar of my website. If you are interested in viewing any property in Coconut Grove I would be happy to arrange a showing for you. Give me a call or send me a note here.