Category Archive for ‘Coconut Grove Gated Communities’

The ultra-luxury market in Coconut Grove seems to be alive and well in 2017.  You may remember the recent sale of $12,400,000 in the gated community of Entrada Estates that occurred last month. We also have several homes listed for sale right now over $10,000,000 and quite a few pending sales in the $5,000,000 range. This week the home located at 3080 Munroe Drive in the exclusive gated community of Camp Biscayne came on the market for a list price of $28,000,000. “Casa Positano” is a bay-front villa with a 40 foot private dock and 300 feet of water frontage. The home features exquisite Jerusalem stone and mahogany floors a second floor foyer with 30 foot high coffered ceilings, and amazing rooms with covered terraces and unobstructed panoramic views.

Details of 3080 Munroe Drive, Coconut Grove:

• 7,045 Square Feet Of Living Area
• 24,500 Square Foot Lot
• 5 Bedrooms, 4.5 Baths
• Offered at $28,000,000
• Listed by The Jills of Coldwell Banker

For more information on Camp Biscayne, and the homes available for sale please click here.

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Riley Smith has been the #1 Top Producing Coconut Grove Realtor for over 8 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.

The Real Estate Coconut is the most comprehensive online source for Coconut Grove real estate information. Whether you are looking for the latest sales, trends or homes for sale in Coconut Grove, The Real Estate Coconut has it all at your fingertips. Browse information regarding the Coconut Grove Gated Communities, Coconut Grove Waterfront Homes, Coconut Grove Townhouses, Coconut Grove Condos plus much more.

Exciting news today, the spectacular Coconut Grove waterfront home located at 3575 Stewart Avenue in the gated community of Entrada Estates has just closed for $12,400,000. This is one of the top 10 highest sale prices on record in Coconut Grove. Prior to this, the most recent luxury home sale in the Grove occurred at 3551 Main Highway which closed for $34,600,000 (it was a 7 acre property and sold to Ransom Everglades High School).

I have been following 3575 Stewart Avenue for quite some time here on the blog.  It was one of the largest homes on the market in all of Miami with 14,097 square feet of living area. The property is unique because it has 200 feet of protected boat dockage on a canal PLUS 220 feet of water frontage on the bay. It originally hit the market back in 2009 at a list price of $18,000,000. Here are a few of the blog posts I have written over the years about this property:

• August 4, 2014: What Is The Most Expensive Home For Sale In Coconut Grove?
• February 18, 2011: Ultra-Luxury Homes For Sale In Coconut Grove
• June 15, 2010: Beat The Heat In Coconut Grove’s Coolest Pools
• January 28, 2010: What Does $18,000,000 Buy You In Coconut Grove?

The sellers purchased the home for $6,631,500 in 2005.

Chad Carroll of Douglas Elliman was the listing agent on the property.

View current ultra-luxury homes still on the market in Coconut Grove:

1. 1641 South Bayshore Drive | 9,165 square feet of living area | 30,375 square foot lot | 6 bedrooms, 6.5 baths | Offered at: $10,250,000 | Photos Here
2. 4020 Kiaora Street | 11,611 square feet of living area | 36,652 square foot lot | 8 bedrooms, 9.5 baths | Offered at: $10,900,000 | Photos Here
3. 4100 Kiaora Street | 9,323 square feet of living area | 47,705 square foot lot | 6 bedrooms, 7.5 baths | Offered at: $11,900,000 | Photos Here
4. 3085 Munroe Drive | 13,483 square feet of living area | 41,125 square foot lot | 7 bedrooms, 8.5 baths | Offered at: $43,000,000 | Photos Here

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Riley Smith has been the #1 Top Producing Coconut Grove Realtor for over 8 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.

The Real Estate Coconut is the most comprehensive online source for Coconut Grove real estate information. Whether you are looking for the latest sales, trends or homes for sale in Coconut Grove, The Real Estate Coconut has it all at your fingertips. Browse information regarding the Coconut Grove Gated Communities, Coconut Grove Waterfront Homes, Coconut Grove Townhouses, Coconut Grove Condos plus much more.

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.

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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.

The Real Estate Coconut is the most comprehensive online source for Coconut Grove real estate information. Whether you are looking for the latest sales, trends or homes for sale in Coconut Grove, The Real Estate Coconut has it all at your fingertips. Browse information regarding the Coconut Grove Gated Communities, Coconut Grove Waterfront Homes, Coconut Grove Townhouses, Coconut Grove Condos plus much more.

CASA BAHIA, CAMP BISCAYNE

Casa Bahia, a 13,483 square foot tropical modern masterpiece has just hit the market for a whopping $50 million (the second most expensive listing in Miami).  Designed by film-maker and first time designer Alejandro Landes, the home has spectacular bay views with floor to ceiling glass, wraparound terraces and a rooftop deck. Some of the unique architectural details include an exposed exoskeleton which is wrapped in teak and a floating staircase suspended over a pool of water. Casa Bahia offers 518 linear feet of waterfront, with a 73 foot heated pool.

The property is owned by Colombian interior designer Catalina Echaverria. She created several custom pieces for the house which are included in the price. Echaverria reportedly spent $340,000 on the minimalist 470 sq. ft. kitchen. The goal was to create a space that didn’t feel like a kitchen. When the light is right, the frosted glass on the counter-tops, cabinets, and sliding doors reflects the ocean.

You can see in the aerial view below (taken prior to construction) what a great piece of property this is.

Read more about Camp Biscayne, Coconut Grove Gated Community here.

Details of 3085 Munroe Drive:

• 13,483 Square Feet Living Area
• 41,125 Square Foot Lot
• 7 Bedrooms, 8.5 Baths
• Listed by Pablo Alfaro of Douglas Elliman

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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.

The Real Estate Coconut is the most comprehensive online source for Coconut Grove real estate information. Whether you are looking for the latest sales, trends or homes for sale in Coconut Grove, The Real Estate Coconut has it all at your fingertips. Browse information regarding the Coconut Grove Gated Communities, Coconut Grove Waterfront Homes, Coconut Grove Townhouses, Coconut Grove Condos plus much more.

Camp Biscayne is one of the most sought-after and exclusive gated communities in Coconut Grove. It also has a fantastic location just steps from the Grove village center. The community dates back to the early 1920’s when it was a winter resort which catered to wealthy northerners such as Alexander Graham Bell and the Rockefeller family.

Today I would like to introduce our newest listing in Camp Biscayne, 3500 Munroe Drive.

This home has been recently renovated with the finest finishes and attention to detail. Special features of the home include wood and marble floors, fireplace, an incredible chef’s kitchen with top of the line appliances. The living spaces are flooded with light and open to the covered terrace, pool and lush landscaping. The home offers 4 bedrooms, 4 baths plus a large office which could be convertible to a 5th bedroom if needed.

Details of 3500 Munroe Drive, Coconut Grove:

• 4 Bedrooms (plus office), 4.5 Baths
• 4,742 Square Feet Of Living Area
• 15,250 Square Foot Lot
• Available Furnished or Unfurnished
• More Photos and Information Here
• Offered at: $19,000/month

If you are interested in previewing this property, please contact our office at 305-342-1623 to arrange a private showing.

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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.

The Real Estate Coconut is the most comprehensive online source for Coconut Grove real estate information. Whether you are looking for the latest sales, trends or homes for sale in Coconut Grove, The Real Estate Coconut has it all at your fingertips. Browse information regarding the Coconut Grove Gated Communities, Coconut Grove Waterfront Homes, Coconut Grove Townhouses, Coconut Grove Condos plus much more.

De Garmo Estates is one of the most sought after gated communities in Coconut Grove. The community is named after Walter C. De Garmo, a renowned architect from the early 1900’s who built his home on the site. Today, the community is made up of 10 private villas situated along a winding road canopied by massive oak trees.

We have just listed a spectacular property in De Garmo Estates. This elegant Italian-inspired residence offers light filled living spaces with double height ceilings and the finest of finishes. Some of the special features include a marble fireplace, coffered & tray ceilings and extensive millwork throughout. An expansive custom kitchen and family room open to a covered terrace and pool surrounded by lush botanical gardens.

The home offers 4 bedrooms, 4 full baths and 1 half bath with 4,670 square feet of living area on a large 11,378 square foot lot. It is being offered at $2,700,000. View more photos here.

Join us for lunch on Wednesday, June 15 at our Brokers Open House from 12:00 to 2:00 to preview this new listing.

The Riley Smith Group has been the #1 Top Producing team in Coconut Grove 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.

The Cloisters, Coconut Grove Gated Community

The inventory for homes in Coconut Grove gated communities is higher than it has been in over a year. In fact, there are currently 23 listed for sale (including single family homes & villas) which represents about 10% of the market. One explanation for this trend is that there have been very few sales in gated communities over the past 6 months which has allowed the inventory to get backed up (only 3 single family homes and 1 villa have sold since October 2015).

The good news is that there is a wide range of prices available right now in our gated communities. Not too long ago you couldn’t find a home under $2,000,000, but recently there has been an influx of $1,000,000 – $2,000,000 properties hitting the market.

A few of my favorites include: this home listed in De Garmo Estates which is priced at $1,299,000;  a one-of-a-kind villa in The Cloisters (located in the heart of the Coconut Grove village) listed for $2,850,000;  and this 1929 spectacular estate in The Moorings listed for $8,900,000.

Want more information on Coconut Grove’s gated communities? Check out the links below which will take you to a description of each community and also photos and information of homes for sale in each.

Gated Home Communities in Coconut Grove:

• Camp Biscayne | Munroe Drive | Main Lodge Circle | Banyan Circle, 33133
• Hughes Cove | Devon Road, 33133
• The Anchorage | Anchorage Way, 33133
• Treasure Trove | 2495 South Bayshore Drive, 33133
• Four Way Lodge Estates | Poinciana Avenue, Carmen Court, 33133
• The Moorings | Mooring Court | South Moorings Way | North Moorings Way, 33133
• De Garmo Estates | De Garmo Lane, 33133
• Poinciana Close Road | Poinciana Close Road, 33133
• Ye Little Wood | Little Avenue | Wood Avenue, 33133
• Entrada Estates | Matheson Avenue | West Avenue | Stewart Avenue, 33133

Gated Townhouse and Villa Communities in Coconut Grove:

• Bay View Villas | South Bayshore Drive | 33133
• Longview | 2475 South Bayshore Drive, 33133
• L’Hermitage | 2000 South Bayshore Drive, 33133
• Bayshore Villas | Bayshore Villas Drive, 33133
• The Cloisters | 3471 Main Highway, 33133
• Abitare | Via Abitare Way, 33133

We have been the #1 Top Producing Realtors in Coconut Grove for 7 years and know 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. 

The home located at 3505 South Moorings Way has just closed for $4,770,000 or $503/sq. ft. This is the first closed sale in the guard-gated community of The Moorings during 2016. It is also the highest sale price on record for a “non-waterfront” home in Coconut Grove (the second highest was 3410 Poinciana Avenue which closed in December of 2015 for $4,500,000).

Although $503/sq. ft. is low for this community, you have to take into consideration the size of the house which was 9,481 sq. ft. When a house is so large it is difficult to value based on a “price/sq. ft.” basis because it reaches a point so high that the number doesn’t make sense for buyers. This was a beautiful home with 7 bedrooms, 7.5 baths on a 25,000 square foot lot designed by renowned architect Phineas Paist. Listing agent was Toni Schrager of Avatar.

Click here to see homes for sale in The Moorings.

We have been the #1 Top Producing Realtors in Coconut Grove for 7 years, and know 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.

The gated community of Abitare is one of the more unique communities we have here in Coconut Grove. Comprised of 21 townhouses, Abitare is located adjacent to The Barnacle and just steps from the shops and restaurants of downtown Coconut Grove. The townhouses were built in the 1970’s and completed in a rustic contemporary style. The entire community is shrouded in dense foliage and gives the feeling that you are living in a tree-house deep in the middle of a forest.

Townhouses rarely become available in Abitare, in fact, there hasn’t been a closed sale since 2013. But as of today, there are 2 units on the market for sale, view details below:

• 3495 Main Highway, Unit 21: 2,427 Sq. Ft. LA | 2 bedrooms, 2.5 baths | Offered at $1,100,000 | Listed by Marilda Fernandes
• 3177 Via Abitare Way, Unit 10: 2,427 Sq. Ft. LA | 2 bedrooms, 2.5 baths | Offered at $1,648,000 | Listed by Magnus Jennemyr

Abitare is situated on Biscayne Bay and some units have waterfront views. There is also dock space available and a community pool.

If you are interested in learning more about the townhouses for sale in Abitare, please contact us by sending a message here.

We have been the #1 Top Producing Realtors in Coconut Grove for 7 years, and know 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.

Today I would like to introduce you to my newest listing, Villa 1134 in the guard-gated community of Cloisters On The Bay.  For those of you who aren’t familiar with Coconut Grove, this is one of the only luxury communities located in the heart of Coconut Grove’s village center. Aside from its ideal location, The Cloisters offers its residents great amenities including a tennis court, clubhouse and pool. Buyers are drawn to the villas because they have a large amount of square footage, 2 car garages, elevators, and bay views from the rooftop terraces.

This villa is by far one of the nicest I have seen in The Cloisters.  The interior has been architecturally redesigned with exquisite finishes and fixtures. It is a magazine quality home with light filled living spaces, custom built-ins, wine cellar and fireplace. The spectacular kitchen with AGA gas range opens to a sun-filled breakfast room. A large family room opens to a private, tropical courtyard.  The villa also features an expansive rooftop terrace with views of Peacock Park and Biscayne Bay.

If you would like to set up a showing of this property, please contact my office at 305-960-5318 or send us a message here.

Details of 3471 Main Highway, Villa 1134:

• 5,213 Sq. Ft. Living Area
• 4 Bedrooms, 4.5 Baths
• Offered at: $2,850,000
• More Photos and Information Here

Villas at The Cloisters have always been in high demand due to their prime location in downtown Coconut Grove. There are currently only 2 villas (including Villa 1134) available on the market today. The last closed sale in The Cloisters occurred for $2,650,000 (Villa 1201) on January 29, 2016.

We have been the #1 Top Producing Realtors in Coconut Grove for 7 years, and know 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.