If you remember my recent post about waterfront properties in Coconut Grove then you know that the market for waterfront properties has been extremely slow here over the past year. That being said, I have good news to report this month! There is one more waterfront sale on the books. 1800 South Bayshore Lane has just closed for $3,500,000 or $1,198/square foot. This property offered protected deep water dockage (for 3 boats) with a boat lift and jet ski lift. The property came on the market in June for a list price of $4,295,000 and sold 3 months later. The main value of this property was in the land, it was located on a 10,328 square foot lot with direct bay views.
Details of 1800 South Bayshore Lane: