Coconut Grove Gated Communities Sees 100% Increase In Sales
Activity in Coconut Grove’s gated communities doubled in 2011. The sales were distributed between Ye Little Wood, The Moorings, Four Way Lodge Estates, Treasure Trove, Entrada Estates and Camp Biscayne. Waterfront homes in gated communities sold for a median price of $4,000,000 or $521.00 per square foot. The non-waterfront homes in gated communities sold for a median of $1,500,000 or $307.00 per square foot. Most of the homes that traded under $2,000,000 in gated communities needed a significant amount of work.
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