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Coral Gables, FL Real Estate News

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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By Maggie Dokic | Indialantic, Selling the beach in Florida's space coast
(Magdalena Dokic)
The city of Coral Gables is hosting it's 9th annual "jazztronomical arts festival" this weekend. If you've never experienced it, you're missing out! The Carnaval on the Mile is well regarded as a fun time for all and a premiere showcase of Latin Jazz. The event takes place on the famed Miracle Mile in Coral Gables the first weekend in March. Miracle Mile is the mile from LeJeune Road to Douglas Road on what would otherwise be Coral Way. It's a mile long walk of exclusive shops, restaurants, cafes, the Miracle Mile Theater and more. There's plenty for the family to do starting Friday, March 6th and the activities continue on Saturday and Sunday. Art displays, sculptures, crafts, lots of food and drinks and lots of live performances all weekend long. The event is free as are all the perfo...
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By Lynn Cromer
(ReMax Advance Realty)
The 11th Annual Carnaval on the Mile, part of Carnaval Miami – a three day event, begins this Friday night, March 6th at 7pm.  It's a "fusion of Jazz & Art" and continues throughout the weekend.  It's kickoff begins at the Ponce Circle Park, 2800 Ponce de Leon Blvd in Coral Gables, Florida.   Like a Mardi Gras carnival, but with a Latin flair, it's a big latin party all weekend, beginning Friday night March 6 at 7pm and covering the entire street of Coral Way on Miracle Mile. Some 30 bands from New Orleans, New York, San Fransisco & Miami will be performing on 3 different stages. Some local schools also participate, and 2 years ago, my son Casey's school Jazz Band performed there. Gourmet food from local Coral Gables restaurants will delight your senses, an Artists Village will be set u...
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By Daniel Hornek
(Barclay's Real Estate Group)
ENTER HOME PAGE:Da Vinci Condo Coral Gables The Da Vinci condo address location: 2665 SW 37th Ave., Miami, Fl. 33133     Da Vinci Photos   photos from the Da Vinci  condominium         About the Da Vinci Da Vinci condominium year built: 2002 Architect: Cohen, Friedman, Encinosa Views: The City of Coral Gables Number of Floors: 16 Number of units: 200 Da Vinci Floor plans Sq. Ft. range: 694-1,628 Beds: 1-3 Baths: 1-3 Da Vinci Condos Amenities: - 24-hr Security Cameras - Covered Parking - Gated Community - Pool - Gym The Da Vinci condo in Coral Gables Florida has been designed and built to meet strict standards. Da Vinci Condos Real Estate strategically located at Douglas Road and just blocks from Miracle Mile (SW 37th Avenue and 26th St), the Da Vinci Condominium is surrounded by palm-t...
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By Daniel Hornek
(Barclay's Real Estate Group)
ENTER HOME PAGE: Ponce De Leon Coral GablesLocation: 1607 Ponce de Leon Blvd Coral Gables, FL 33134Unit types: 1, 2, & 3 bedroomUnit square footage floor plans range: 882 - 1,781 (interior), 993 - 2,355 (total) See FloorplansNumber of floor plans: 15Total units: 50Ponce de Leon condos views: South: Downtown Coral Gables & Coconut Grove, West: Coral Gables residential & the Biltmore, North: North Gables, East: Downtown Miami.Completion date: Fall 2008Architect: Treister Design & Development, IncEnter Condos Floor plans Ponce de Leon's DescriptionPonce de Leon condominium an urban address in a peaceful upscale neighborhood, the invitingly luxurious and inexpensive Ponce de Leon condominium is ideally located in the heart of Coral Gables, within walking distance to the shops and restaurant...
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By No Longer Active
(Real Estate)
Recently I took a trip to run the Miami Marathon and the first person I met upon arriving in Miami Beach was Janie Coffey of Papillon Real Estate.  Janie came out for a few hours and introduced us to the unique atmosphere of the Lincoln Road area where we spent quite a bit of time during our stay on South Beach.  During our dinner discussion we learned that the Miami area although currently depressed offers a great opportunity for anyone with vision that is considering relocating into the area.  This year the New England Winter seems exceptionally long and the thought of a warmer climate crosses many minds.  If you are thinking of retirement or relocating to Southern Florida in the next few years it might be wise to contact Janie Coffey and accelerate your plan to pick up a home at toda...
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By Daniel Hornek
(Barclay's Real Estate Group)
  One Village Place condominium year Built: 2008Developer: Roger Development GroupDescription: Residential, RetailType: Condominiums, Mix -Use Building Floors: 9Number of Bedrooms: 1 & 2Floorplans Unit Sq. Ft. Range: 1,065-2,207   See Floor plansPrice Range: $ 450,000's - $ 750,000'sAmenities: Temperate Controlled Pool, Fitness Center, ValetConstruction starts: 2006year Built: 2008ONE VILLAGE PLACE HOME PAGEThe One Village Place is located next to the "Village of Merrick Park on Salzedo Street (between Ponce de Leon and Lejeune Road). The area is up and coming and will be a booming residential/commercial area in the next 2-3 years. Walking distance to high end stores like Neiman Marcus, Nordstrom's and restaurants like Villagio Italian restaurant, Chispa and coming soon P.F. Chang!  MI...
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By Daniel Hornek
(Barclay's Real Estate Group)
About the Da Vinci   ENTER HOME PAGE: Da Vinci Condos Da Vinci condominium year built: 2002 Da Vinci PhotosArchitect: Cohen, Friedman, Encinosa Views: The City of Coral Gables Number of Floors: 16 Number of units: 200 Da Vinci Floor plans Sq. Ft. range: 694-1,628 Beds: 1-3 Baths: 1-3 Da Vinci Condos Amenities: - 24-hr Security Cameras - Covered Parking - Gated Community - Pool - Gym The Da Vinci condo in Coral Gables Florida has been designed and built to meet strict standards. Da Vinci Condos Real Estate strategically located at Douglas Road and just blocks from Miracle Mile (SW 37th Avenue and 26th St), the Da Vinci Condominium is surrounded by palm-tree-lined avenues that lead you to a wealth of activities and possibilities. First class restaurants, theater, shopping and more. Breath...
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By Michael Zebold
(Miami Public Adjusters)
  Professional Real Estate Sales Associate As a professional real estate sales associate you are fully aware of the inspection process required in most sales and purchase contracts prior to closing. The inspection results can sometimes create undue stress and tension for the seller, buyer and real estate professional. What you and the Homeowner (Seller) might not be aware of is, that in many cases, damages such as roof leaks, mildew, mold, plumbing leaks, back ups, and other water sewage related damages may be covered by insurance. As Licensed Public Adjusters with many years of experience, our company will conduct a free preliminary inspection and evaluate and determine if those damages are covered under the Homeowner’s policy. We will represent the Insured (Seller) for covered damages...
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By Lynn Cromer
(ReMax Advance Realty)
Fairchild Gardens in Coral Gables, Florida Today I went to Fairchild Gardens to see the annual Chocolate Festival. Yummm! There were people all over the place eating all kinds of chocolate foods... chocolate churros (Cuban version of a donut or funnel cake), chocolate fruits, chocolate candies. You can only imagine! People were learning how to make chocolate, listening  to lectures on the history of chocolate, visiting the Chocolate Spa & exploring the rainforest to learn how chocolate grows and sample yummy chocolate delights. There were cooking demonstrations, tastings, plant sales and lectures all over the gardens. It was truly a lovely 74 degrees day in sunny Coral Gables, Florida. Doesn't it look like everyone is having a great time? For those of  you unfamiliar with Fairchild Gard...
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Miami FHA Home Loans 97% Financing, Miami, FL FHA Mortgage Lender, Miami FHA Mortgage programs The FHA loan program was created to help increase homeownership. The  FHA program makes buying a home easier and less expensive than other types of Seminole County loan programs. Here are just some Examples of how FHA can help you buy a Seminole County Florida home,Minimal Down Payment and Closing Costs.  ·  Down payment less than 3% of Sales Price ·  100% Financing options available ·  No reserves or required. ·  FHA regulated closing costs. ·  Seller can credit up to 6% of sales price towards buyers costs.  Easier Credit Qualifying Guidelines such as:  ·  No minimum FICO score or credit score requirements. ·  FHA will allow a home purchase 2  years after a Bankruptcy. ·  FHA will allow a hom...
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The Old Spanish Village - A Luxury development of Condos, Townhomes, and office in Coral GablesAs a member of Miami's elite Real Estate Professional's Association- The Master Broker's Forum, I had the privilege of attending a dinner on the future site of Old Spanish Village in Coral Gables.After assembling approximately 20 parcels of residential and commercial office buildings, visionary builder Ralph Sanchez is rolling out this mixed use project in the heart of Coral Gables. Featuring new 400 upscale condos and townhouse, which will be completed in the second half of 2009.  Old Spanish Village will comprise a seven acre complex of homes, offices and shops in the Ponce Circle area. The 42 three story townhomes will come with elevators, roof top terraces and two car garages. All resident...
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By Audrey Ross
(Audrey Ross)
     Splendid Mediterranean villa designed by Ramon Pacheco rests privately behind gates amid lush tropical plantings and charming brick walkways and patios at 2505 de Soto Boulevard in Coral Gables.     Inside, fresh interiors reveal tiled marble insets, old-world windows and beautiful vaulted cypress ceilings. Antique French doors welcome the gentle breezes and frame the splendid garden and pool views. This stunning home features a layout designed for grand entertaining - with formal living and dining rooms perfect for hosting an "all out" dinner party or casual cocktails by the wet bar in the family room. Equally suited for family living the first level shows four family bedrooms and a grand staircase leads to the luxurious and spacious second level master suite with loft area, priv...
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