Two Lots Go Under Contract In Gated Communities

Gated Community Of Entrada Estates

My post yesterday discussed the high market activity we are seeing in Coconut Grove right now.  Today, I wanted to point out two unique properties that went under contract recently.

First, 3600 Stewart Avenue (listed by Luxe Properties) in the gated community of Entrada Estates was listed for land value at $1,890,000.  This property offered 23,400 square feet of land.

Second, 3830 Carole Court (listed by Coldwell Banker) in the gated community of Four Way Lodge Estates was listed for land value at $2,360,000.  This property is waterfront and offered 11,544 square feet of land.

It is a good sign for the market that buyers continue to be bullish on the future!