Ye Little Wood is a private, gated community located in South Coconut Grove right off of Douglas Road. It is a highly sought after neighborhood that consists of beautiful homes on large lots. One home in Ye Little Wood recently earned a historic designation by the City of Miami. See the article on the Grapevine here. There are currently two homes on the market in Ye Little Wood.
One property came on the market today for $959,000 listed by Sean Reichart. The property is being sold with a house and guest house, however, both would need to be heavily renovated. There is also a pool on the property. Lot size is 14,300 square feet. This property seems well priced considering in December of 2007 a 12,200 square foot lot in Ye Little Wood sold for $930,000.
The other property for sale in Ye Little Wood is for $1,995,000 with 5,800 square foot on the interior, 6 bedroom, 2.5 baths and a 17,100 square foot lot. They are asking for $343.00 per square foot. The house needs quite a bit of work as well, but the grounds are unbelievable.
Due to its’ desirability, Ye Little Wood does not get much activity, it is rare for there to be two properties on the market at once in here. There have only been 4 sales over the past 3 years.
Below are some stats for Ye Little Wood Real Estate:
There were no sales in 2008
3843 Little Avenue sold in July of 2007 for $4,100,000 at $483.00 per square foot
3944 Little Avenue sold in December of 2007 for $930,000 for land value only at $73.00 per square foot land.
3860 Wood Avenue sold in October of 2005 for $1,432,500 at $455.00 per square foot.
3950 Wood Avenue sold in September of 2005 for $3,100,000 at $471.00 per square foot.
Here are some pictures of Ye Little Wood homes