Foreclosures In The Cloisters – Under Contract!

IMG_9930

Not surprisingly, the two foreclosures that came on the market in The Cloisters are already under contract and accepting back-up offers.  Although they were partially completed and needed some TLC, at $1,295,000 they were a great deal.

Foreclosures properties in Coconut Grove are extremely rare these days and get snapped up within hours of hitting the market.  If you are looking for a foreclosure deal in Coconut Grove then you better have cash in hand and be prepared to make a full price offer!

To give you an idea of what the market is like in The Cloisters, there have been two other units sold this year.  My listing, Unit #1238 closed for $1,795,000.  And Unit 307 also sold this year which closed for $1,625,000.   There are currently 4 for sale in the community, they are priced between $1,900,000 and $2,195,000.

Click here to view villas currently for sale in The Cloisters.

If you are interested in purchasing a home in a gated community, come back tomorrow, I have been working all weekend on an updated edition of The Ultimate Guide To Coconut Grove’s Gated Communities!

I am a Coconut Grove real estate specialist. Over the past 4 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.

RECEIVE MY BLOG POSTS DIRECTLY TO YOUR INBOX, SUBSCRIBE HERE!

The Real Estate Coconut is the most comprehensive online source for Coconut Grove real estate information. Whether you are looking for the latest sales, trends or homes for sale in Coconut Grove, The Real Estate Coconut has it all at your fingertips. Browse information regarding the upcoming Grove at Grand Bay new construction project, Coconut Grove’s gated communities, waterfront homes, villas, townhouses, foreclosures plus much more.

Don’t Miss Today’s News From Our Other Real Estate Blogs:

http://BrickellCondoBlog.com

http://CoralGablesRealEstateVault.com