Center Coconut Grove Townhouse Sales Are Slow

There have only been 2 townhouses to sell in the Center Grove in the past 2 months!  Considering that there are about 88 (45 if you only count the “true” Center Grove) on the market, it is safe to say that most of the sellers are extremely frustrated.

Allamanda

I recently listed a great Key West style townhouse on Allamanda Street which was built in 2008.  The owners have listed the townhouse very competitively at $557,900 ($225 per foot).  The townhouse features 4 bedrooms, 3 baths with 2,472 square feet of living space.  It is completely gated with top of the line finishes, travertine floors, impact windows, views of the neighboring park, two master suites and an eat-in kitchen. 

Right now, A+ townhouses (in terms of location and condition) are selling at approximately $225 a foot (This figure comes from the sales of 3067 Gifford Lane which sold for $254 a foot, 3212 Matilda which sold for $221 a foot, and 3114 Aviation Avenue which sold for $200 a foot).

If you are interested in seeing our townhouse on Allamanda, or any other properties in Coconut Grove please don’t hesitate to contact me at 305.342.1623 or send me a message here.

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