Coconut Grove Gated Communities Category
One of the first things that many buyers (especially out of town clients) tell me is that they want to buy in a Coconut Grove gated community. They feel more comfortable knowing that they have an added level of privacy and security. Unfortunately I have to break the news to them that with just 15 homes for sale , the inventory in our gated communities is extremely low. It is interesting to look at the average asking prices compared to the...Continue Reading!
Investing in Coconut Grove's gated communities is a very wise decision because these homes offer an additional level of privacy and security which will always be in demand. Here is information on the best investment in a Coconut Grove gated community today. 3451 Poinciana Avenue in Four Way Lodge Estates is the lowest "$/Square Foot" for a home in a Coconut Grove gated community. It is listed for $387.00/square foot or $1,499,000. This is an architecturally distinctive home offering a large amount...Continue Reading!
The home located at 3505 Main Lodge Drive in the exclusive gated community of Camp Biscayne has just closed for $11,000,000. This is the highest sale price for a single family home in Coconut Grove in over 4 years. This incredible waterfront property was built in 1926 and designed by acclaimed architect George Fink. The house was completed in a Mediterranean Revival style of architecture and offered 6 bedrooms, 6 bathrooms, 8,138 square feet of living space on a 70,000...Continue Reading!
We recently listed a spectacular home in the gated community of The Moorings. Located at 3431 North Moorings Way, this home was built in 1936 and has been masterfully updated with the finest finishes and attention to detail. Some of the special features of this home include vaulted, wood beamed ceilings, an expansive light filled great room which opens to the pool and tropical gardens, custom millwork, impact glass and an elegant, top-of-the-line island kitchen. 3431 North Moorings Way has been...Continue Reading!
We have just listed a home in the sought-after gated community of De Garmo Estates in Coconut Grove. De Garmo Estates dates back to the early 1900's when iconic architect Walter C. De Garmo built his own personal residence on the property. De Garmo was a Cornell graduate who moved to Coconut Grove in 1903. He was the first registered architect in Miami and a protege of John Russell Pope who built the National Gallery Of Art and the Jefferson...Continue Reading!
Homes in Coconut Grove gated communities got a big boost in 2014 with the average "sale price/square foot" rising to nearly $600.00. This figure tells us that buyers are willing to pay nearly $200.00/square foot more for the added benefits of living in a gated community. The highest sale price for a home sold in a gated community during 2014 was located in The Anchorage. 3501 Anchorage Way offered 7 bedrooms, 8 baths with 8,800 square feet of living space on a 15,386...Continue Reading!
Inventory levels in The Moorings last year were very low which resulted in a total of just 3 sales for 2014. Not surprisingly, the homes that got snapped up were all listed under $3,000,000. These properties were a great opportunity to get into a Coconut Grove gated community at that price point. As of today, there are 4 homes listed for sale and prices start at $4,450,000. Many have been on the market for over 6 months. The newest home to...Continue Reading!
Coconut Grove is home to some of the most unique properties in Miami. Check out these photos of a newly built home in the prestigious gated community of Camp Biscayne. The home is designed by the architectural firm of Shulman + Associates and really takes advantage of the surrounding lush gardens. At the front of the property lies a large sink hole which dictated part of the design of the home with a cantilevered living room. The combination of tropical...Continue Reading!
In more sports news this morning, former Miami Heat player James Posey finally sold his home in the Coconut Grove gated community of The Cloisters for $1,425,000. Posey purchased the property back in 2005 for $2,170,000. The property had been on the market for 3 years. The home offered 5,090 square feet of living space with 3 bedrooms, 3 baths, marble floors, crown moldings, top of the line appliances, vaulted ceilings, private elevator and a rooftop terrace with bay views. At...Continue Reading!
A record-breaking sale has come across the wire in Coconut Grove. 3501 Anchorage Way located in the gated community of The Anchorage has just closed for $6,110,000. Aptly named, "Cove's End" this home offered a stunning entry courtyard, spectacular terraces, gourmet kitchen with breakfast area that had views of Biscayne Bay, a grand master suite with separate his/hers dressing areas, 3 car garage and elevator. It also offered protected basin dockage for yachts up to 60 feet. Details were: 8,813...Continue Reading!