Coconut Grove Townhouses Category
October 22nd, 2014 | categories: Coconut Grove Townhouses
Most buyers understand that in today's world of real estate it can be very hard to find a "deal". However, the West Grove is a great opportunity if you are looking to get in on an up-and-coming market. We have seen townhouses in the West Grove fetch as high as $695,000, however, the average "price per square foot" figure is still well below townhouses in the Center Grove. Take a look at a few of the newer construction townhouses that have...Continue Reading!
Congratulations to our sellers who recently closed on their townhouse in Coconut Grove for full asking price. The townhouse was located in the highly sought after community of Peppertree Village and offered 2 bedrooms, 2.5 baths with 1,275 square feet of living space. The property sold for $399,000. If you are interested in buying or selling a home in Coconut Grove it is essential to work with someone who knows the numbers and tracks the sales. I have been the #1...Continue Reading!
Some places just have a certain charm about them that makes them very desirable. Peppertree Village is one of those locations. This private community of 11 townhomes is surrounded by lush foliage and located just steps from Coconut Grove's boutiques, galleries, cafes, bay-front parks and marinas. As you enter the gate and walled courtyard of this residence, you are greeted by open living spaces which are flooded with natural light. The home features volume ceilings, an updated eat-in kitchen,...Continue Reading!
It is sometimes hard to grasp how well the market is doing when you hear the latest real estate percentages, averages and trends. But the story of my client who recently sold his Coconut Grove townhouse helps to put into perspective how far the market has come over the past few years. Back in 2009 he came to us looking to buy a townhouse in Coconut Grove. He liked the urban lifestyle of the Center Grove and wanted to be able...Continue Reading!
There was a frenzy over our Coconut Grove townhouse listing at 3177 Florida Avenue when it came on the market. We placed it under contract in a matter of days and closed today for full asking price. Buyers are drawn to townhouses because they are turn-key ready and typically offer more living space than a similarly priced single family home in Coconut Grove. 3177 Florida Avenue was a showcase property that had high-end finishes, light filled interior spaces, volume ceilings and...Continue Reading!
We have just listed one of the largest and widest townhouses in Center Coconut Grove. Located at 3060 Indiana Street, this townhouse has over 3,000 square feet of living space with 3 bedrooms, 2.5 bathrooms and a large pool and patio with plenty of space for entertaining. It was the developer's own unit and offers many upgrades including tray ceilings, recessed lighting, a huge master bedroom, granite counter-tops, wine cooler, spacious eat-in kitchen, walk-in closet and an over-sized shower with...Continue Reading!
In my opinion buyers who are getting financing in Coconut Grove should always use a local lender. At our team meeting today my agents discussed their frustration with those who turn to national banks to secure their financing. The trouble with national banks (particularly in Coconut Grove) is that they don't know the intricacies of our real estate market. For example, the townhouse market requires a unique understanding of our "2 unit condominiums" which share a roof and insurance but don't...Continue Reading!
We just listed this great townhouse in Center Coconut Grove. 3137 McDonald Street is ideally located just steps from Coconut Grove's many shops, restaurants, boutiques and movie theater. This townhome offers light filled living spaces, marble floors, volume ceilings, crown moldings, an expansive master suite and balconies off of each bedroom. It is a great home for entertaining both inside and outside with french doors that open to a private terrace, custom wet bar and tropical pool. Details of 3137 McDonald...Continue Reading!
If you read my post earlier this week about townhouses in Coconut Grove, then you know that the market is on fire! Case in point, we just listed a townhouses on Florida Avenue priced at $769,000 and it is already under contract! This home garnered a lot of interest because it was completely turn-key ready, had high-end finishes, volume ceilings, an outdoor covered terrace with pool, custom built-ins, impact glass and a chef's kitchen. Details of 3175 Florida Avenue, Coconut Grove: 3 Bedrooms, 3...Continue Reading!
Townhouses in Center Coconut Grove were the hardest hit segment of the market during the real estate crash. But as you can see from the charts below, they have increased in value significantly over the past few years. Demand for townhomes is also very high right now because of the rising cost of single family homes. Townhouses are a great option for buyers who want to live in the Grove but are looking for a turnkey ready home...Continue Reading!