High End Condos in Coconut Grove
September 21st, 2009 | categories: Coconut Grove Condos
There are 50 high end condos currently for sale in Coconut Grove. By high end I am referring to those priced $1,000,000 and up. For the most part, that price range will get you Bay views and 3 bedrooms & 3 baths. Obviously the more you move up in price, the larger the size and the higher the floor.
A majority of the luxury condos are found in The Grovenor House, The Ritz Carlton Residences and Grove Isle.
The lowest “Price Per Square Foot” (the best bang for your buck) luxury condo on the market right now is Unit #503 at The Grovenor House. The unit is listed at $490.00 per square foot and features a terrace that is extra large, 3 bedrooms, 3.5 baths, 2,640 square feet of living space and some water views. It is now priced at $1,299,999 and was initially priced at $1,490,000 when it came on the market in March and is listed by Ingletto Realty.
The highest asking “Price Per Square Foot” ($1,855.00 PSF) in the luxury condo market is the Penthouse at The Grovenor House which is going for $16,900,000. This is a 5 bedroom, 5 bath unit with rooftop terrace and pool and is listed by Sotheby’s.
To view all luxury condos on the market in Coconut Grove, click here.
There have been only 5 closed luxury condos so far this year in Coconut Grove.
| Building: | Bds/Bths: | List Price: | Sale Price: | Sale PSF: |
| Ritz Carlton Residences | 6/6.5 | $2,195,000 | $1,900,000 | $382.00 |
| Grovenor House | 3/3.5 | $1,799,000 | $1,500,000 | $568.00 |
| Ritz Carlton Residences | 3/3.5 | $1,400,000 | $1,130,000 | $505.00 |
| Grove Hill Tower | 3/3.5 | $1,399,000 | $1,150,000 | $435.00 |
| Grove Isle | 3/2.5 | $1,350,000 | $1,300,000 | $497.00 |
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If you are interested in buying or selling real estate in Coconut Grove, please give me a call at 305.342.1623 or send me a note here.
amazing set up for the penthouse. places like that are usually safe from recessions!