Jill Penman's Blog

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ONE Sotheby’s International Realty just announced that I have been inducted into the 2016 Top Producer Circle. My sales volume in 2015 placed me within an elite group of the top 20 associates in the leading luxury real estate firm. As an honoree, I was recognized in Miami Herald announcement as w...
We’re heading into a new month so I’m eager to catch you up on JPG sales successes to date in 2016. Check out some recent closed and pending sales in 2016!  The first was a South Miami gem at 6475 SW 83rd St. Updated in 2004, this one-story residence with split floor plan appealed to families and...
Coconut Grove is evolving into a community with national exposure with increasing luxury projects starting here and new restaurants popping up daily. But before all the buzz, the community was more of a hidden gem which I identified as a high value community as a buyer for myself and a real estat...
With a vibe straight out of the Hamptons comes 3876 La Playa Boulevard. The very special property is the newest JPG listing generating loads of attention as we head into Spring. The Coconut Grove luxury home has been recently transformed by renowned designer Briggs Edward Solomon to convey a uniq...
The Coral Gables Waterfront property category is a more tailored universe of listings. Waterfront properties are inherently limited compared to inland options. In the past 6 months, there have been 17 transactions compared to 34 in the previous 6. This is a 50% slowdown in activity. However, in t...
The Coral Gables Non-Waterfront property category is massive and the activity snapshot in the past 6 month reflects that.  There have been 203 transactions and the average sold price was $1,102,485 with an average price per square ft at $391. The previous 6 months before that, we saw 279 transact...
The Coconut Grove Waterfront property category is some of the most sought after real estate in South Florida. The demand is high but the turnover on those homes are relatively low as they are truly valuable for discerning owners who want a piece of our tropical coastline. That is why it’s so impo...
The Coconut Grove Non-Waterfront property category has seen powerful activity in the past 6 months of sales. Single family home sales data shows that in the last 6 months we have seen 88 transactions. The average sold price was $1,171,173 with an average price per square ft at $409. The previous ...
I am excited to announce the closing of Amber House in The Setting. As the initial lead sales force in South Miami’s hottest new construction development, I’ve frequently blogged about the high end community with 5 contemporary homes by renowned Roney Mateu (see archived blogs here and here for a...
I started the week off with a sale in North Coconut Grove. 3064 Blaine Street closed at $344/SF for the newer construction townhouse in the sought after Coco Breeze community. This was a complicated sale as the property is tenant occupied with a newborn baby. So between accommodating an infant’s ...

Jill Penman

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