Investing in Coconut Grove’s gated communities is a very wise decision because these homes offer an additional level of privacy and security which will always be in demand. Here is information on the best investment in a Coconut Grove gated community today.
3451 Poinciana Avenue in Four Way Lodge Estates is the lowest “$/Square Foot” for a home in a Coconut Grove gated community. It is listed for $387.00/square foot or $1,499,000. This is an architecturally distinctive home offering a large amount of square footage, expansive living spaces overlooking the tropical pool and is completely surrounded by a coral rock wall for privacy. The home has 2 bedrooms, 2 1/2 baths but can easily be converted to a 3 bedroom, 3 bath. Some of the special features include new metal roof, wood beamed ceilings, custom built-ins, as well as a cook’s kitchen with island and gas range. It is situated on an 8,160 square foot lot.
A similar home in Four Way Lodge Estates recently sold for $1,575,000 or $690.00/square foot. This comparable was located at 3575 Carmen Court and offered 2 bedrooms, 2 baths with 2,280 square feet of living space. It closed in January of 2015.
If you would like to schedule a showing of 3451 Poinciana Avenue, please call our office at 305-960-5318 or send us a message here.
As the #1 Top Producing Realtors in Coconut Grove for over 5 years, we know the market here inside and out. If you are interested in buying or selling Coconut Grove real estate and would like to set up a no pressure consultation, please feel free to contact The Riley Smith Group at 305-342-1623 or send us a message here.