Where is Center Grove anyway?
I write about the Center Coconut Grove townhouse market all the time on my blog and one of the questions I get asked frequently is “Riley, where exactly is Center Grove?”.
The true Center Grove lies from Bird Avenue and continues south to Oak Avenue, then from 32nd Avenue east to 27th Avenue. In my opinion, there is certainly a premium for real estate within this box.
Due to the explosion of construction we saw a few years ago in Center Grove, some people expanded the boundaries of the area to the north and to the west. I like to call them the fringe areas of Center Grove. The fringe area lies from Bird Avenue north to US1, and from 32nd Avenue west to Hibiscus Street.
The Center Grove townhouse market remains slow right now even though prices are already heavily discounted. There have only been a few closed sales in the past 30 days.
3090 Lime Court | List Price: $449,425 | Sale Price: $400,000 | 3 Bedroom,2.5 Bath | 1,847 Sq. Ft.
3054 Day Avenue | List Price: $369,000 | Sale Price: $315,000 | 3 Bedroom, 2.5 Bath | 1,710 Sq. Ft.
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If you are interested in buying or selling real estate in Coconut Grove, please give me a call at 305.342.1623 or send me a note here.