Coconut Grove Has 2 Townhouse Markets

Coconut Grove has 2 distinct townhouse markets.  The first is the townhouse market of Center Coconut Grove. The second is the luxury townhouse market.

The Center Coconut Grove Townhouse Market

The first townhouse market in Coconut Grove consists of the townhouses in Center Grove.  Here you see an average price of $300,000 to $800,000 and is comprised of old construction and new construction. 

1st Qtr. Closed Center Grove Townhouses:

Address Bd/
Bth
Sq. Ft. Original List Price List Price At Time Of Sale Sale Price Distress?
3187 Lamb Ct. 3/2.5 2,318 $649,000 $649,000 $550,000 No
3075 Alamanda St. 4/3 2,472 $699,000 $569,000 $510,000 No
2972 Shipping 3/2 1,756 $499,000 $499,000 $446,700 No
3041 Orange St. 5/3 2,600 $849,000 $475,000 $470,000 No
3154 Mary St. 2/2 1,032 $439,000 $399,000 $320,000 No
3076 McDonald St. 2/2.5 1,380 $299,900 $269,000 $250,000 No

1st Qtr. Pending Center Grove Townhouses that have not closed:

Address Bd/
Bth
Sq. Ft. Original List Price List Price At Time Of Contract Distress?
3036 Matilda St. 3/2.5 2,500 $689,000 $619,000 No
3060 Indiana St. 3/2.5 3,025 $649,000 $599,000 No
3092 New York St. 4/3.5 2,706 $449,900 $449,900 No
3054 Day Ave. 3/2.5 1,710 $499,000 $399,000 No
3075 Elizabeth St. 3/2.5 2,104 $850,000 $335,000 Short Sale
3112 Ohio St. 3/2 2,400 $322,900 $322,900 Foreclosure
3110 Ohio St. 3/2 2,400 $330,000 $289,900 Foreclosure
3151 New York St. 3/2.5 2,406 $379,900 $319,900 Foreclosure
3024 Aviation Ave. 2/2.5 1,252 $315,000 $315,000 No
2990 Virginia St. 2/2 1,116 $385,000 $171,000 Foreclosure
The Luxury Townhouse Market

The luxury townhouses (villas) in Coconut Grove are located in gated communities as opposed to individually gated units as you see in the Center Grove.  From North to South the luxury townhouse communities in Coconut Grove consist of L’Hermitage, Bayshore Villas, Longview, Abitare and The Cloisters.  The minimum size is usually 2,500 square feet and list prices (excluding foreclosures) begin around $800,000.

1st Qtr. Closed Sales in Luxury Townhouses:

No Closed Sales

1st Qtr. Pending Luxury Townhouses that have not yet closed:

Community   Bd/Bth  Sq.Ft. Original List Price List Price At Time Of Contract    Distress? 
L’Hermitage 4/4 3,717 $1,047,000 $895,000 No