Coconut Grove Real Estate Category
California Inspired Waterfront Home In Coconut Grove
February 1st, 2012 | categories: Coconut Grove Real Estate, Waterfront Homes In Coconut Grove
The home located at 3825 Bayside Court (in the gated community of Four Way Lodge Estates) came on the market recently at a list price of $5,985,000. I love the California style of this home with the wood, multi-levels and expansive windows. It offers dock space directly behind the home as well as its own protected boat slip in a side basin. 5,908 square feet of living area on a 13,182 square foot lot. It is listed by Chris Crystal of Miami Real Estate Company.
This is currently the least expensive direct waterfront home on the market. Check out the spreadsheet below which shows all of the waterfront homes for sale in Coconut Grove.
| Address | List Price | Sq. Ft. | Sq. Ft. Lot | View |
|
$16,500,000 | 4,015 | 70,534 | Direct Water View |
|
$8,350,000 | 10,832 | 15,386 | Direct Water View |
|
$6,950,000 | 8,759 | 13,561 | Direct Water View |
|
$6,500,000 | 10,982 | 39,000 | Direct Water View |
|
$5,985,000 | 5,098 | 13,182 | Direct Water View |
|
$4,999,000 | 5,958 | 24,960 | Canal |
|
$2,975,000 | 6,500 | 18,480 | Canal |
|
$2,498,000 | 6,304 | 20,000 | Canal |
|
$2,249,000 | 2,369 | 16,640 | Canal |
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 Coconut Grove’s gated communities, waterfront homes, villas, townhouses, foreclosures plus much more.
When listing or buying a home it is essential to have a local Realtor who knows the numbers, tracks the market and can value a home correctly. If you are interested in buying or selling I would be happy to meet with you for a no pressure consultation. Call me on my cell at 305.342.1623 or send me a message here.
Not Always Sunshine And Rainbows In Coconut Grove Real Estate
January 30th, 2012 | categories: Coconut Grove Real Estate, Coconut Grove Real Estate Market Conditions

If you read my blog you know that I do my best to “tell it like it is” whether the news is good or bad. The real estate market in 2011 was fantastic but things haven’t always been nor will they always be sunshine and rainbows. In fact, this month was pretty disasterous with just 2 single family homes sold in the Grove. This figure is down from 6 sales in January of 2011 and 10 sales in January of 2010. *The above figures represent north and south Grove and exclude west Grove.
One explanation for the low number of sales could be the lack of inventory we have had in the Grove for the past few months, we are down significantly from previous years. Another reason could be that many short sales went under contract in November and December. Had these been typical sales, they would have closed in January but since they are short sales they will not likely close for several more months.
The good news is that in just the past few weeks there has been an influx of new properties on the market in Coconut Grove. I am confident that things will pick up over the next several months but I am wary that as we get closer to the presidential election the market may see another slowdown. As we have seen in the past, buyers tend to get nervous when the future is uncertain.
As always, I will keep you posted.
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 Coconut Grove’s gated communities, waterfront homes, villas, townhouses, foreclosures plus much more.
When listing or buying a home it is essential to have a local Realtor who knows the numbers, tracks the market and can value a home correctly. If you are interested in buying or selling I would be happy to meet with you for a no pressure consultation. Call me on my cell at 305.342.1623 or send me a message here.
Construction Continues In Coconut Grove Via @StrangArchitect
January 27th, 2012 | categories: Coconut Grove Real Estate
Just saw this on Twitter and thought I would share it with you. Strang Architecture is designing an incredible house in South Coconut Grove.

You can follow Max Strang and his team @StrangArchitect and @TropicalModern.
Follow me @RileySmithGroup.
Enchanting Coconut Grove Waterfront Home
January 26th, 2012 | categories: Coconut Grove Real Estate, Waterfront Homes In Coconut Grove

I was out touring Coconut Grove brokers open houses yesterday and stopped in to see this beautiful waterfront home located at 3635 Stewart Avenue in the gated community of Entrada Estates. You may remember my post a few years back about this house, it sold privately (was not placed on the MLS) for $3,000,000. That post can be read here: Private Sale Occurs On 3635 Stewart Avenue.
The house was built in the 1920’s but has been carefully renovated with attention to every detail. It has a great combination of luxury and character that is often hard to find. I am always partial to well done landscaping, and the gardens surrounding the home here are spectacular. Other special features include a limestone edged pool, cabana/boat house, Pecky Cypress living room ceiling, custom carved black oak doors, guest suite with private entrance and a full house generator. View more photos and information of 3635 Stewart here.

Details of 3635 Stewart Avenue include: 4 bedrooms, 5.5 baths, 5,958 square feet of living space on a 24,960 square foot lot. There are no bridges to the bay. The home is being offered at $4,999,000 by Avatar.
This home is just one of a handful of waterfront homes that are for sale in Coconut Grove. To view all waterfront homes in Coconut Grove, click here.
When listing or buying a home it is essential to have a local Realtor who knows the numbers, tracks the market and can value a home correctly. If you are interested in buying or selling I would be happy to meet with you for a no pressure consultation. Call me on my cell at 305.342.1623 or send me a message here.
Just Listed Contemporary Home In North Coconut Grove
January 25th, 2012 | categories: Coconut Grove Real Estate, New Listings in the Grove

I just listed this great property in North Coconut Grove. It is a magazine quality contemporary style home with an urban sophistication. The home was built in 2002, it is completely concrete block and has been immaculately maintained on the interior. There is a great rooftop terrace which sits under the tree canopy.
The home will appeal to buyers who are looking for a turnkey, townhouse style home in a single family home community. Due to the fact that it is single family and not a condo or townhouse, FHA financing is available. This will open up the house to many more potential buyers.
Details of 2436 Secoffee Terrace: 2 bedrooms, 2.5 baths with 1,573 square feet of living space. The home is being offered at $449,000. View more photos and details here.



When listing or buying a home it is essential to have a local Realtor who knows the numbers, tracks the market and can value a home correctly. If you are interested in buying or selling I would be happy to meet with you for a no pressure consultation. Call me on my cell at 305.342.1623 or send me a message here.
South Coconut Grove Home Featured On HGTV!
January 24th, 2012 | categories: Coconut Grove Real Estate, Grove News

Some buyers of mine (and dear friends) who purchased a home in the South Grove will be featured on HGTV’s show Color Splash this weekend! David Bromstad has redesigned their family room to help bring the outdoors in and combine Old Florida style with a contemporary twist.
If you’ve ever seen the show Color Splash before you know that the homeowners are asked to choose an inspiration for their design. Wanting to keep it local, they decided on The Peacock Garden Cafe which is located in the heart of Coconut Grove.
I have seen the finished product and can tell you that David did an incredible job. It will be great to see Coconut Grove in the national spotlight. The show airs this Saturday, January 28th at 9:00 pm.
Under Contract! 25 Samana Drive In Coconut Grove
January 23rd, 2012 | categories: Coconut Grove Real Estate, What Is Selling In Coconut Grove Real Estate?

Over the weekend we placed our listing at 25 Samana Drive under contract. The buyers were very typical of many buyers we see in this market…..they were ready to act fast when they found something that suited their needs. I showed them the home on Thursday afternoon, they came back for a second showing Thursday evening and we had an offer in our hands by 9:00 am on Friday morning. It doesn’t get better than that!
The home was listed for $850,000 and was one of just a few homes for sale in the Bay Heights area of Coconut Grove. To view pictures and information of 25 Samana Drive, click here.
When listing or buying a home it is essential to have a local Realtor who knows the numbers, tracks the market and can value a home correctly. If you are interested in buying or selling I would be happy to meet with you for a no pressure consultation. Call me on my cell at 305.342.1623 or send me a message here.
Why Coconut Grove?
January 20th, 2012 | categories: Coconut Grove Real Estate

Continuing on with my “Why Coconut Grove?” series of blog posts, here is a wonderful explanation from some clients of mine who purchased a home in Ye Little Wood last year.
“Our family began the search for the perfect vacation home about five years ago. The operative words in our search were Vacation and Home. We wanted to find a perfect climate that allowed us to escape from our winter lives in Toronto. We also wanted more than just a holiday destination… We wanted a home that was part of a safe, friendly, interesting and vibrant community. A tall order.
So many places had already been eliminated after starting out with such high hopes. When our friends mentioned a great regatta weekend in Coconut Grove. “Have you heard of it? It’s divine!” I did some research and fell in love with the online version of Coconut Grove. Could reports of this town in a city live up to our expectations, was I in for another disappointment?
We booked a holiday, rented a great cottage in The Grove as I was instructed to call it, and decided to find out for ourselves. The best way to decipher a neighbourhood is on foot so I strapped on my running shoes for a first hand look…
I began to believe the hype when I saw people having breakfast on a patio, kids walking to school, dog walkers strolling through the neighbourhood, diversity in people, houses, yards. I saw peacocks, trees and foliage and nature… A neighbourhood that had not been razed. I enjoyed mom and pop stores and restaurants, a bookstore open late, and even music on the street corners.
But most importantly and proven over and again, it’s the people in Coconut Grove that made us fall in love. The people who recommended great restaurants, who special ordered the book, who toured us through the real estate, who got us tickets to see the Heat, who invited us to neighbourhood parties, who left welcome orchids on moving day, who have been nothing but kind, and who bent over backwards to make us love The Grove as much as they did.
Best of all it’s the complete strangers who said hello and smiled knowingly as I ran through their neighbourhood that was soon to become my neighbourhood too. ”
After reading that story, how could you possibly live anywhere else?
Influx Of Foreclosures In Coconut Grove Was Expected
January 19th, 2012 | categories: Coconut Grove Real Estate, Short Sales And Foreclosures In Coconut Grove

Since the new year Coconut Grove has seen an influx of foreclosures come on the market. If you have been following my blog over the past year you know that we saw a similar trend at the beginning of 2011. I’m not sure if the banks have a reasoning behind it but if history is any indication they will release several more foreclosures over the next few months and then we will see them taper down as we enter the middle of the year. If you are interested in one of these foreclosures, you have to be ready to pay cash and act fast.
I mentioned the foreclosure on Frantz Avenue earlier this week here…Buyers circling at foreclosures on Frantz and another one worth discussing is located at 4288 Douglas Road in the South Grove (photo above). This has been for sale previously as a foreclosure but the contract fell through at the last minute. The house sits on a nice big lot however it needs a substantial amount of renovations to the interior. List price is $1,299,000 by Kerdyk Real Estate.
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 Coconut Grove’s gated communities, waterfront homes, villas, townhouses, foreclosures plus much more.
When listing or buying a home it is essential to have a local Realtor who knows the numbers, tracks the market and can value a home correctly. If you are interested in buying or selling I would be happy to meet with you for a no pressure consultation. Call me on my cell at 305.342.1623 or send me a message here.
Buyers Circling At Foreclosure On Frantz Avenue
January 17th, 2012 | categories: Coconut Grove Real Estate, Short Sales And Foreclosures In Coconut Grove

Yesterday a foreclosure came on the market at 3830 Frantz Avenue in the South Grove for $370,800. I went to take a look at it for some clients last night and there were several groups of buyers checking out the house. At this price, the home will certainly sell to a cash buyer and very likely over asking price. View photos and information here. Details: 1,994 square feet of living space, 3 bedrooms, 3 baths with 10,681 square feet of living space.
I knew the previous owners who sold the house back in 2005 for $1,000,000. Back then it was a charming little Grove house but as many foreclosures do it has fallen into disrepair. In my opinion, the house also has some mold issues that will need to be cleared up.
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 Coconut Grove’s gated communities, waterfront homes, villas, townhouses, foreclosures plus much more.
When listing or buying a home it is essential to have a local Realtor who knows the numbers, tracks the market and can value a home correctly. If you are interested in buying or selling I would be happy to meet with you for a no pressure consultation. Call me on my cell at 305.342.1623 or send me a message here.