Coconut Grove Townhouses Category
I pride myself on "telling it like it is" when it comes to real estate and my blog articles are no exception. Right now the real estate market is SLOW in the Center Grove and I am not afraid of saying it. There have been only 37 townhouses closed this year compared to 50 during the same time period last year. In my opinion, the downturn can be attributed to low inventory levels. We have just 16 townhouses currently on...Continue Reading!
June 11th, 2015 | categories: Coconut Grove Townhouses
Congratulations to our buyers who just purchased the townhouse at 3081 Matilda Street in Center Coconut Grove. This was a fantastic townhouse that had great features such as wood + marble floors, stainless steel appliances, metal roof, steel doors, new A/C, plantation shutters, California closets, 2 car garage, Chicago Brick exterior as well as an outdoor jacuzzi. It offered 3 bedrooms, 2 baths with 2,070 square feet of living space. The townhouse sold for $650,000 or $314.00/square foot. The Riley Smith...Continue Reading!
The Coconut Grove townhouse market can be summed up in one quick phrase: "High Demand and Rising Prices". Right now, the townhouse market is the only place where you can buy a turn-key property with 2,000+ square feet of living space for under $700,000 in the Grove. That being the case, when a new townhouse comes online that is properly priced, it sells in a matter of days. Last year 116 townhouses sold at an average sale price of $534,536...Continue Reading!
Due to the fact that prices are rising so quickly in Coconut Grove, entry-level properties can be hard to find. We just listed a great townhouse in Center Grove located at 2855 Coconut Avenue for $350,000. This lovely gated townhouse has light filled living spaces which open to a private patio for outdoor entertaining and an expansive rooftop terrace. This property was built in 2002, has 2 side-by-side parking spaces and is move-in ready. Details of 2855 Coconut Avenue: 1,070 Square Feet...Continue Reading!
Congratulations to our sellers who recently closed on their townhouse located at 3030 Bird Avenue. This was a very unique townhouse because it was free-standing and felt very much like a single family home. It had a California contemporary feel with light filled living spaces, vaulted wood beamed ceilings and a floating staircase. It offered an open floor plan with formal living, dining and family room. The custom kitchen had granite counter-tops, stainless steel appliances and an island snack bar....Continue Reading!
The Center Grove townhouse market continues to be a great option for buyers who want to live in the Grove but are priced out of the single family home market. Other great reasons to live in the Center Grove are that the homes are within walking distance to the shops & restaurants of the village and many of the newer townhouses are completely turn-key ready. We recently sold our listing in the Center Grove at 3234 McDonald Avenue for $630,000. This...Continue Reading!
I wanted my blog readers to be the first to know about our off-market listing in Center Grove. Located at 2927 Day Avenue, this Coconut Grove townhouse is in great condition and has been recently updated with a new A/C, stove and dishwasher. Special features include impact resistant windows, marble and wood floors, crown moldings, custom kitchen, spacious master suite with large walk-in closets and balcony overlooking the pool It has private gated entry with a 1 car garage. Details of...Continue Reading!
The Center Grove townhouse market continues to thrive. We just closed on our listing located at 3094 New York Street for $635,000. It was on the market for just 15 days before we placed the property under contract within 2% of its' asking price. This townhouse was built in 2008 and offered porcelain tile, wood floors, 10' ceilings, California closets, an upstairs loft area and multiple balconies. The European style kitchen opened to a spacious family room. French doors lead...Continue Reading!
We just closed on another townhouse in Coconut Grove! 2919 Coconut Avenue was a Mediterranean style tri-level townhome that offered 1,050 (1,236 per owner's appraisal) square feet of living area and 2 bedrooms, 2.5 baths. The unit sold for $355,000. Although inventory is extremely low right now, this sale is proof that it is still possible to get a great property in the Grove for under $400,000. If you are interested in this price point, there are other similar opportunities currently...Continue Reading!
October 24th, 2014 | categories: Coconut Grove Townhouses
You may remember my recent blog post about the huge opportunity that exists in West Grove right now. Townhouses are valued significantly below those in Center Grove just a few blocks away. However, with all of the development in the West Grove you can bet that it won't be long until prices equalize between the two neighborhoods. We just listed one of the best townhouses you will find in the West Grove. 3094 New York Street sits on a corner lot...Continue Reading!