Neighborhood Profile - Coral Gables

In keeping with my previous posts regarding the high activity in Gables Estates, this week another home came on the market in the prestigious gated community.  Located at 9175 Arvida Parkway, the home sits on a very private section of the canal with 44,000 square feet of land and no bridges to the Bay.  Listed [...] Read full article »

The above chart (click to view larger) shows all closed land sales in Coral Gables so far this year.  As you can see, prices range from $24.00 per square foot and go all the way up to $177.00 per foot.  There are many factors that influence the price of land which include location, size, dimensions and whether or not [...] Read full article »

The exclusive gated community of Old Cutler Bay is located just north of Matheson State Park and is one of the smaller gated communities in Coral Gables.  Due to its size (just 136 single family homes), we don’t typically see a lot of activity here.  This year, there has been 1 closed sale and 3 new [...] Read full article »

View original local artists paintings from “Fairchild Artists in Bloom Exhibition 2012″ , going on Thursday through Saturday, at the Exhibition and Sale in the Garden House http://www.fairchildgarden.org/events/.  Fairchild art instructors and students will transform the Garden House into a gallery showcasing more than 150 original oil and acrylic paintings, watercolors and botanical illustrations. Mother’s Day Lunch, Sunday, May [...] Read full article »

Evaluating Pending Sales over the past 30 days , and there have been 33 in as many days, indicates value depends on where you live, whether you are a distressed sale,  on the Coral Gables water front or  golf course, lot size and degree of renovations. Most noteworthy is the approximate $100.00 difference in price per sqft [...] Read full article »

When you list a property for sale on the MLS you are given 500 characters to describe the home and really sell it to potential buyers.  We use this space to highlight special features such as impact windows, wood floors, water frontage etc.  My friend and colleague Javier Gonzalez of ReMax deserves an award for his hilarious (and informative) [...] Read full article »

With all of this talk about how hot the real estate market is in Coral Gables, I would like to point out that the foreclosure market has been extremely slow in 2012.  Over the last year there has been so much talk about shadow inventory and all of us were wondering when the onslaught of foreclosures was going [...] Read full article »

Sales activity has been getting hot in High Pines. On April 25th the short sale at 7925 SW 54 Ave closed at $260 a sq. ft or $480,000. This was followed by 2 closings on May 1st of remodeled homes. 7505 SW 53 Pl. closed at $313 per sq. ft or $1,050,000 and 7441 SW [...] Read full article »

Today the Wall Street Journal published and article stating that buyers are “stunned because bidding wars are back.”  This is something that we, the Realtors here in Miami, have been trying to explain to our buyers for months now.  Unfortunately, it has been our experience that instead of heeding our advice, they’ve had to experience it [...] Read full article »

Congratulations to our buyers who just closed on this wonderful townhouse at Villa Alhambra.  Villa Alhambra is located in the heart of Coral Gables and is just minutes from Miracle Mile.  The townhouse offered 2,860 square feet of living space with 3 bedrooms, 3 baths.  Sale price was $750,000.  Welcome to Coral Gables! If you are interested in buying [...] Read full article »