Camp Biscayne In Coconut Grove | Market Update
Camp Biscayne is one of the most exclusive gated communities in Coconut Grove due to its rich history dating back to the early 1900’s and the fact that it is located just steps from downtown Coconut Grove. The community has a “Walk Score” of 90 which earns it the title of a “Walkers Paradise”. A location’s Walk Score is ranked based on the percentage of daily activities that can be completed on foot (dining, shopping, entertainment, groceries, errands, parks, schools).
If you follow the market then you know that there is typically very little turnover in Camp Biscayne. This can be attributed to several factors: (1) the community is small so there is never an abundance of inventory (2) the entry level price point is very high (3) residents who live here love the location and never want to sell!
Camp Biscayne Market Update | New Property Available For Lease
There were two closed sales in 2015: 3505 Main Lodge Drive closed for $11,000,000 & 3120 Monroe Drive closed for $2,800,000 (sold for land value). Right now there are 3 homes listed for sale starting at $4,750,000 (view all Camp Biscayne homes for sale here) and in addition The Riley Smith Group has just listed a great home for lease in this sought after community. 3500 Munroe Drive has been recently renovated with attention to every detail. It offers 4 bedrooms (potential for a 5th bedroom) plus 4.5 baths with 4,742 square feet of living area on a 15,250 square foot lot. Some of the special features include: marble and wood floors, fireplace, chef’s kitchen with top of the line appliances and large private office. The light filled living spaces open to a large covered terrace with pool and tropical gardens. It is being offered for $19,000/month.
If you would like more information on Camp Biscayne or any of the properties listed above, please contact us at 305-342-1623 or Riley@RileySmithGroup.com.
Riley Smith has been the #1 Top Producing Coconut Grove Realtor for over 7 years and knows the market inside and out. If you would like to buy or sell real estate in Coconut Grove, please contact us at 305-342-1623 or send us a message here.
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