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Coral Gables, FL Real Estate News

By Janie Coffey, Uniting Extraordinary Homes w/ Extraordinary Lives
(First Coast Sotheby’s International Realty)
People always ask us if there are any foreclosures in Coral Gables.  Sellers want to know if their property values are protected and buyers want to know if there are deals to be had in one of Miami-Dade's most prestigious addresses.  Yes, but they come on the market infrequently and the competition is fierce. The stability of the Coral Gables has mostly protected it from foreclosures.  There have been short sales, but due to the desirable address, they normally do not make it all the way to foreclosure and are sold at the short sale stage.  Even those are not nearly as common as they are in the rest of Miami-Dade County.   Let's compare the numbers: Coral Gables Foreclosures vs Miami-Dade Foreclosure and see how they compare   Total Listed Single Family Homes Miami-Dade 10,218 Coral Gab...
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By Janie Coffey, Uniting Extraordinary Homes w/ Extraordinary Lives
(First Coast Sotheby’s International Realty)
Going green in Coral Gables can be easier than you think! Just looking around with eyes wide open, you will see lots of opportunities to green your day. Lets take a shor tour to see what we might find: Here are the Top 10 Ways to join the Galbes goes Green Movement 1. The trolley travels the North/South Ponce de Leon Boulevard Route runs along Ponce de Leon Boulevard from the Douglas Metrorail Station to Southwest Eighth Street. This service runs every 10 to 15 minutes from Monday-Thursday: 6:30 a.m. - 8 p.m., Friday: 6:30 a.m. - 10 p.m. 2. Trade in your Clunker for a Smart fortwo for as low as $99/month. 3. Have a meal or have one catered by Green Gables Cafe, where they use fresh and the most organic ingredients. 4. Use OXXO dry cleaners, where they use Green Earth Cleaning products. ...
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By Janie Coffey, Uniting Extraordinary Homes w/ Extraordinary Lives
(First Coast Sotheby’s International Realty)
Coral Gables, FL is the home to 5 of the top 10 Wealthiest Hispanic Communities in the Country (and Miami-Dade has 21 of the top 25 in the Country!).  (Note; 9 of these are in Miami-Dade!  Key Biscayne, Pinecrest (2) and Miami Beach make up the additional 4) www.Higley1000.com is a website the covers integration in the country's most wealthy communities in the country.  Dr. Higley is the an Associate Professor of Urban Geography at the University of Montevallo and the author of "Privledge, Power and Place" Top 10 Hispanic/Latin Neighborhoods in the US (per US Census)   (ranked by percentage of households that are Hispanic in the neighborhood or suburb) 1: Cape Florida-Mashta Island - 51.8% (Higley #584) (Key Biscayne, Miami) Search Live Local Maps----Search Google Maps 2: Biltmore Golf ...
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By South Florida Movers Miami Moving and Storage Company
(Sunrise Movers, LLC)
(305) 443-0124Visit Our Website: Coral Gables MoversStorage Coral Gables As Movers in Coral Gables Fl, we are Licensed&Insured movers. We are Coral Gables movers for both residential and commercial. We set ourselves apart from other Coral Gables movers with our experience and capabilities in domestic packing and crating, International packing and our focus as local movers in Coral Gables and the Miami metro area. We make your Coral Gables move simple by provding customer service for each step of your move. We are a Miami-Dade County Fl moving company Coral Gables Fl and your best of choice of Coral Gables moving companies because we offer the highest quality moving and relocating services.We are local relocation home movers in Coral Gables Fl. We perform local moving of all types includ...
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By Janie Coffey, Uniting Extraordinary Homes w/ Extraordinary Lives
(First Coast Sotheby’s International Realty)
Papillon Real Estate and ReDevelopment LLCs offer full service real estate disposal and liquidation services for all of your real estate needs.  We are licensed and insured Real Estate Brokers and General Contractors and have team members we work closely with to offer you one-stop shopping when a relocation, consolidation or loss of a family member means selling a home and it's contents. We Offer - Clean up and trash out - Estate sale and liquidation of personal goods - Handy-man services to fix up and prepare for sale - Landscaping services to prepare for sale - Maintenance during listing time - Real Estate consultation and lisitng services You have likely have many things to deal with, working with one firm who can manage all of these services will take the burden off of you, allowin...
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By Janie Coffey, Uniting Extraordinary Homes w/ Extraordinary Lives
(First Coast Sotheby’s International Realty)
Coral Gables is known for it's amazing architecture, especially Mediterranean Revival, which was one of the prevelant styles implemented during the birth of Coral Gables in the 1920s.  The developer of Coral Gables, George E. Merrick, selected Walter C. De Garmo as one of the lead architects to design the public facade of the new City Beautiful.   De Garmo was a Coconut Grove resident, having moved to The Grove in 1903 after graduating from Cornell with a degree in architecture.  He helped design the face not only of Coral Gables, but many other historic neighborhoods in South Florida including Miami Beach, Coconut Grove, Star Island, Belle Isle, Miami Shores and even futher locales such as Key Largo and Ft.  Lauderdale. De Garmo's most prolific years were from 1906-1926, during the Mia...
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By Lynn Cromer
(ReMax Advance Realty)
Continuing with informing you about Arts happenings in the area, I am doing my weekend round-up for weekend beginning June 26th. Deering Estate in Palmetto Bay, FloridaSaturday, June 27 at 8PM  As part of the Summer Caberet Series, Deering Estate  will be featuring the local Jazz Trio - Cindy Curtis & Company. They will be playing in the historic Stone House Ballroom. Cindy has been playing in South Florida since the 1970's, playing with Dave Bruebeck in 1974. Saturday night's concert will feature the Miami Native & award-winning singer-songwriter-pianist Johnny Rodgers. The main gate opens at 7pm and concert starts at 8pm.  Concert goers are able to bring snacks to enjoy during the concert. Tickets are $20. For more information call 305-235-1668 ext. 233. Bass Art Museum on Miami Beach...
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By Philippe Diener
(Brown Harris Stevens)
Gables by the Sea Coral Gables Gables by the Sea is located within the City of Coral Gables at the point where Red Road and scenic Old Cutler Road diverge. This well established waterfront community features a series of canals which provide direct access to Biscayne Bay. A private gated community with 24-hour guarded house, located just minutes from Miami International Airport and the business districts of Coral Gables, Coconut Grove and Brickell. Gables by the Sea is a community near public and private schools in the south Coral Gables area including Pinecrest Elementary, Gulliver Academy, Ransom-Everglades, Palmer Trinity, Carrolton, University of Miami and Florida International University. Consisting of only 19 streets, Gables by the Sea is the perfect description of paradise in this...
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By Philippe Diener
(Brown Harris Stevens)
Villa Zamora Coral Gables Condos Villa Zamora Affordability with an exclusive lifestyle in one of the heart of Coral Gables neighborhood. Thirty-eight units offer floorplans that look like they belong in a much more expensive price range. Villa Zamora is one of the best home-buying opportunities to come along in years. Just think, you could soon be living right in the heart of Coral Gables! In addition to the exquisite details you'll find in every residence, Villa Zamora offers the unique opportunity to personalize your home to your individual tastes, lifestyle and desires - with a selection of fine finishes including granite countertops, marble flooring, crown molding and custom paints. Also Mediterranean inspired exteriors, controlled security, covered parking. Quiet living on a lush,...
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By Philippe Diener
(Brown Harris Stevens)
 The Clubhouse  Membership to the private club at Deering Bay requires its' own seperate club membership: being a resident at Deering Bay alone is not enough.  Applications are available at the Clubhouse and acceptance is at the discretion of the club. But if and when you become a memeber, you'll see why they say "membership has it's priviledges."  We at DeeringBayRealEstate.com (Miami Real Estate Co.) are not affiliated with the club... but we are members, and we love it. Membership does have its privileges. The clubhouse at Deering Bay is the epicenter of activity.  Yes, it is a 30,000 square foot Mediterranean classic, yet it feels very comfortable and personal.  The staff is terrific; always wanting to help.  It's our place, where everybody knows your name.  Enter Deering Bay Condos...
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By Philippe Diener
(Brown Harris Stevens)
Deering Bay Yacht & Country Club is home to Coral Gables only Arnold Palmer Signature Course. Thoughtfully designed among the protected mangroves and meandering South Florida waterways, this 18-hole, par-71 layout, considered among the top in Florida, will delight you with its beauty and test you with its design. In classic Palmer style, each hole offers its own distinctive visual and strategic playing experience. It's large, subtle greens and beautiful fairways lined with mangroves and palms create a setting you'll want to return to time and again. And, in fact, you can do just that. Deering Bay offers all the amenities you would want from a country club membership. In addition to the Palmer course, Deering Bay offers a full driving range and putting green complemented by an elaborate ...
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By Philippe Diener
(Brown Harris Stevens)
55 Merrick Condo55 Merrick Condominium Address55 Merrick Way, Coral Gables Fl. Location of 55 Merrick Condo Floor Plans for 55 Merrick Condo Request Info 55 Merrick Condo 55 Merrick Condo
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By Daniel Hornek
(Barclay's Real Estate Group)
Segovia Tower Coral gables Florida featuring one residence per floor and 360-degrees views per residence, this condominium is inspired by the classic splendor of Old World architecture. Segovia Tower Luxury and craftsmanship have been taken to new heights in each of the 15 residences, with dramatic 10-foot ceilings, over 4,000 sq. ft. of living space, comfortable eat-in kitchens, master baths with Jacuzzis, marble floors, and columned terraces overlooking Coral Gables' Granada Golf Course. Segovia Tower rises majestically from the heart of historic Coral Gables, offering its residents unparalleled aesthetic grandeur, spectacular panoramic views and a remarkable sense of privacy. The Segovia Tower in Coral Gables condominium is located at 600 Coral Way in the "City Beautiful" - Coral Gab...
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By Lynn Cromer
(ReMax Advance Realty)
Rates on 30-year mortgages inched up this week to 4.84 percent after matching an all-time record low last week, according to Freddie Mac's weekly nationwide survey. Rates have been below 5 percent for eight consecutive weeks. All Coral Gables statistics are for South Coral Gables (east of US1). There are currently 102 homes for sale on non-waterfront property in Coral Gables: Highest priced: $4,200, 000 located at 8015 Los Pinos Blvd ($465 per square foot & 545 days on market). Lowest priced: $445,000 at 6900 Veronese St ($216 SF) Pending Sales: 6 Closed Sales 03/09-05/09: 6 Highest Price: $1,550,000 at 4500 Ridgewood Road ($309 SF) Lowest Price: $499,000 at 6611 San Vicente St ($245 SF) 13 homes are short sales (selling a home for less than its mortgage value), up from 10 in the last m...
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By Janie Coffey, Uniting Extraordinary Homes w/ Extraordinary Lives
(First Coast Sotheby’s International Realty)
                              Coral Gables Active Listings - 561 (similar to last month)     236 are "luxury listings" (ie over $1,500,000) (same as last month)     52 are short sales (same as last month)     10 are foreclosures (less than last month)     Median List Price - $1,175,000 (up from last month)  Coral Gables Pending Sales - 80 (Way Up from 40 last month)     6 are "luxury listings" (same as last month)     19 are short sales (up from 15 last month)     14 are foreclosures (up from 8 last month) Coral Gables Closed Sales - 10 (down almost 66% from last month)     3 were "luxury listings"     1 was a short sale (down from 4 last month)     0 were foreclsoures     Average List Price - $2,388,000 (three times as high as last month)     Average Sold Price - $2,082,000 (three tim...
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By Monica Rich, Coral Gables Real Estate
(Berkshire Hathaway Florida Realty)
  733 Santander Avenue, Coral Gables Florida 33134  $1,050,000 Gorgeous 4 bedroom (plus den), 4 bath completely updated on an oversized lot.  Featuring: Hardwood and marble floors Granite kitchen with cooking island Wine cooler Vaulted ceilings in living and dining room Fireplace (non working) 2 car garage Grand master bedroom suite For information or a private showing, contact listing agent Monica LoMonaco at lomonaco.m@ewm.com 305-215-5564.  
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By Janie Coffey, Uniting Extraordinary Homes w/ Extraordinary Lives
(First Coast Sotheby’s International Realty)
    Coral Gables Active Listings - 601 (same as last month)     238 are "luxury listings" (ie over $1,500,000) (same as last month)     48 are short sales (same as last month)     15 are foreclosures (same as last month)     Median List Price - $996,000 (same as last month)  Coral Gables Pending Sales - 47 (same as last month)     6 are "luxury listings"; one is a short sale (same as last month)     15 are short sales (same as last month)     8 are foreclosures (down from 1/4 from last month) Coral Gables Closed Sales - 28 (up almost 50% from last month)     5 were "luxury listings" (up nearly 50% from last month, 1 short sale)     4 were short sale (up from 1 last month)     9 were foreclsoures (up from 6 last month)     Average List Price - $887,000 (up $100,000 from last month)     ...
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By Janie Coffey, Uniting Extraordinary Homes w/ Extraordinary Lives
(First Coast Sotheby’s International Realty)
  If you are looking for mortgage updates for luxury real estate in South Florida, you should visit Juicy Estates ! Created by James R. Venney, a top producing Private Mortgage Banker in the South East, Juicy Estates is a community built on passion.From exquisite homes that populate South Florida neighborhoods to trends in the luxury housing market to guest blogs by influential community memebers, Juicy Estates makes it easy to stay informed on what’s hot in real estate. James keeps you updated on all the latest new with jumbo and luxury financing, which is very important in these rapidly changing times.   James will be a guest blogger on Miami by Land and Sea, our real estate blog.   Visit James' blog here Call him at 305-960-2671 Email him at James.R.Venney@homesvclending.com     If ...
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By Lynn Cromer
(ReMax Advance Realty)
According to the Realtor Association of Greater Miami and the Beaches, the Miami real estate market is showing signs of recovery. Sales of single family homes in Miami were up 47% in January 2009 compared to a year ago. Coral Gables Real Estate Report The Coral Gables Real Estate Report that I will be supplying monthly, will contain home statistics for the area of Coral Gables East of US1. This will then in turn be divided into homes that are on the water and homes that are not on the water. Coral Gables Non-Waterfront Homes: There are currently 107 homes on the market in this Coral Gables area. * Highest priced listing: $4,200, 000 (located at 8015 Los Pinos Blvd.) * Lowest priced listing: $450,000 (short sale located at 5620 Alhambra Circle) * Pending Sales: 5 * Closed Sales 01/09-03/...
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By Janie Coffey, Uniting Extraordinary Homes w/ Extraordinary Lives
(First Coast Sotheby’s International Realty)
Coral Gables Active Listings - 598     227 are "luxury listings" (ie over $1,500,000)     51 are short sales     17 are foreclosures     Median List Price - $995,000     New Listings in Feb - 82 Coral Gables Pending Sales - 52     7 are "luxury listings"     16 are short sales     12 are foreclosures Coral Gables Closed Sales - 16     3 were "luxury listings"     1 was a short sale     6 were foreclsoures     Average List Price - $777,000     Average Sold Price - $677,000     List price to Sold Price Ratio - 90%     Higest Closed Listing - $1,900,000 -     Lowest Closed Listing - $189,900 (a foreclosure) What does this mean to you?   If you have a listing in the luxury market, there is stiff competition with over 1/3 of all listings in Coral Gables in the top 10% of Miami-Dades' pricin...
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