Bidding Wars On Two Grove Properties
October 23rd, 2009 | categories: Buying Real Estate in Coconut Grove
There have been two properties to go into bidding wars in the Grove recently. The first, was a foreclosure located at 3520 St. Gaudens Court. St. Gaudens is one of the premiere streets in Coconut Grove and this 3 bedroom, 2 bath, 2,500 sq. ft. home was priced at $434,900. There has not been a sale under $1,000,000 on this street in years. Rumor has it that the property was bid up close to $200,000 over the bank’s asking price.
The second property was located at 84 Bay Heights Drive and was part of an estate sale. The home needed total renovation, but did feature a very large living room, large screened terrace with vaulted wood ceilings and a full underground basement. The home had 4 bedrooms, 2 baths, 2,912 square feet of living space on a 9,547 square foot lot. The list price was $399,000 and it was listed by EWM. Word is that this house has at least 12 offers already.
To stay updated with all of the current Coconut Grove real estate information, receive my blog posts directly to your inbox by subscribing here.
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.