I currently have a client looking for a home in a gated community in Coconut Grove.  Just like other high end properties there is a limited supply right now on the market.

We have a few for sale in Camp Biscayne, one in Hughes Cove, several in The Moorings, one in Treasure Trove, another in De Garmo Estates and a few more in Ye Little Wood.

The “Average List Price Per Square Foot” of these homes is $431.00 and the average List Price is $2,800,000.  Although that number seems high, there are 5 properties priced under $2,000,000 and don’t forget about the property I mentioned last week in Ye Little Wood that is priced at $890,000.

Click here to see ALL 13 homes in gated communities that are currently for sale in Coconut Grove.

To stay updated with all of the current Coconut Grove real estate information, receive my blog posts directly to your inbox by subscribing here.

If you are interested in buying or selling real estate in Coconut Grove, please give me a call at 305.342.1623 or send me a note here.

The first home features 4,262 square feet of living space, 5 bedrooms, 5 baths on a 16,533 square foot lot.  They are asking $1,995,000.  The home was purchased in 2005 for $1,707,200.  The List Price Per Square Foot is $468.00.

The second home is great for someone who is looking for a project.  The home features 2 bedrooms, 2 baths in the main house and 1 bedroom, 1 bath in the guest house.  There is a total of 2,504 square feet of living space and 14,000 square foot lot.  I was in the house with the listing agent before she put it on the market and the home has great bones.  You could certainly live on the property while you did your renovations.  This is a great chance to live in one of Coconut Grove’s gated communities for under $1,000,000.  The List Price is $890,000, and they are asking $355.00 per square foot.

Finally, there is a 12,000 square foot piece of land available for $899,000.   Although there is surely a premium for being in Ye Little Wood, at $74.00 per square foot of land these sellers will have a difficult time finding a buyer.  To give you a reference point, I just sold a 21,600 square foot piece of land on Park Avenue a block away (not in a gated community) for $29.00 per square foot.

To stay updated with all of the current Coconut Grove real estate information, receive my blog posts directly to your inbox by subscribing here.

If you are interested in buying or selling real estate in Coconut Grove, please give me a call at 305.342.1623 or send me a note here.

Cloisters On The Bay is a gated community of 40 villas in the heart of downtown Coconut Grove.  The community is waterfront although only a few villas have water views.  The amenities at The Cloisters include a heated pool, tennis court, club house and a 24 hour security guardhouse.

There have been two closed sales this year. The first was Unit 518, a 4 bedroom, 4 bath with 5,860 square feet of living space and sold for $1,350,000 ($230.00 psf).  This unit sold for $2,150,000 back in 2002.

The second Unit sold this year was Unit 1135 a short salewhich featured 3 bedrooms, 3 baths with 5,822 square feet of living space and sold for $1,000,000 ($171.00 psf).

The most expensive on the market is Unit #622 (above) priced at $2,990,000 which features direct bay views, a master suite, impact resistant doors and windows, rooftop terrace plus more.  Broker is Avatar.

Probably the best deal in The Cloisters right now is Unit #205 (above) priced at $1,395,000 asking $246.00 per square foot.  This unit has the lowest price per square foot in the community and features 5,664 square feet of living space with 4 bedrooms/4 baths.  Broker is EWM.

If you have the luxury of time, check out the two short sales in The Cloisters. Units 204 and 1137 are both priced at $1,350,000 and feature 4,500 square feet of living space with 3 bedrooms and 4 baths.  Broker is EWM for both.

Click here to view all 10 villas that are currently for sale in The Cloisters.

To stay updated with all of the current Coconut Grove real estate information, receive my blog posts directly to your inbox by subscribing here.

If you are interested in buying or selling real estate in Coconut Grove, please give me a call at 305.342.1623 or send me a note here.

View of the Atlantic Ocean

Your beautiful two-bedroom, two-bath Ibiza model awaits! Privacy is yours because this condo has a split floor plan along with other amenities such as:

• Oversized kitchen with Italian cabinetry, granite countertops and so much more!
• Breakfast nook
• Crown molding
• Decorator touches
• Marble floors
• Beautifully furnished and
• Ready to move in.

Your view is exquisite with its southeast exposure combined with the very best unobstructed views of both the Atlantic Ocean, coastline and the intracoastal waterways.

The Palms has many amenities including:

The Kitchen

• Two-story fitness and spa center
• Racquetball courts
• Tennis courts
• Board and Card Rooms
• Grand ballroom
• Two swimming pools
• Towel service
• 24-hour vale parking
• Privacy
• Gated security with service

Located between Sunrise and Oakland Park, you will enjoy the lifestyle of the best of Fort Lauderdale and South Florida including Fort Lauderdale beach, restaurants and the Galleria Mall.

Offered at $3,000 a month

More Information and Photos

One of the Pools

Location: A1A Between Sunrise and Oakland, directly on the Beach

Villa De Garmo made a nice price reduction this week and is now listed at $3,975,000.  This is one of my favorite estates in Coconut Grove, I have had the opportunity to visit it several times and each time I enter the gates a sense of tranquility washes over me.  It has been beautifully restored and as a landscape buff I can’t help but admire what the owners have done.  The home was the star property of last year’s Coconut Grove Garden Tour.   If you are looking for a one of a kind estate in Coconut Grove you must visit this home.

Details Include:

• 7,760 square feet of living area
• 19,770 square foot lot
• Located in De Garmo Estates, a private gated community
• 6 bedrooms, 6.5 baths
• 2 car garage
• Pool and Grotto with Waterfall
• Original home of Walter C. De Garmo
• Broker is Coldwell Banker

If you wish to see this property I would be happy to arrange a showing for you .  Please send me a note here, or give me a call at 305.342.1623.

Click here to read more about Walter C. De Garmo and De Garmo Estates.

]]> http://therealestatecoconut.com/2009/06/19/villa-de-garmo-makes-nice-price-reduction/feed/ 0 http://miamirealestatecafe.com/2009/06/19/best-place-to-live-in-south-florida-city-of-doral-ranked-among-top-2-in-the-usa-by-cnnmoneycom-and-forbescom/ http://miamirealestatecafe.com/2009/06/19/best-place-to-live-in-south-florida-city-of-doral-ranked-among-top-2-in-the-usa-by-cnnmoneycom-and-forbescom/#comments Fri, 19 Jun 2009 06:37:35 +0000 Vicki Restivo http://miamirealestatecafe.com/2009/06/19/best-place-to-live-in-south-florida-city-of-doral-ranked-among-top-2-in-the-usa-by-cnnmoneycom-and-forbescom/ The BEST 100 cities  in America?  Two of them are in South Florida!

Tauted for it’s combination of  lifestyle and business opportunity Doral is ranked among the top two South Florida municipalities by CNN Money.com.  Business opportunity, coupled with ”quality of life”,   art, culture, top educational venues, and WORLD CLASS GOLF,  put the City of Doral on the map  (along with Fort Lauderdale) as one of  THE TOP 100 CITIES IN THE UNITED STATES IN WHICH TO LIVE, WORK AND PLAY .

Forbes.com named the City of Doral  Doral as one of the two best places to reside in the United States out of their 25 top choices for 2009!  Patents, venture capital funding, sole proprietorships, and start up companies (per capita) …  were among the criteria used by  Forbes.com  in ranking their top 25 cities to live ”well”  in.  Incorporated 6 years ago,  and transformed  literally overnight  from cow pastures and open expanses of  green spaces into a beckoning destination with a population of just over 35,000 Doral ranks #2  as the BEST PLACE TO LIVE WELL…by FORBES.COM.

Having become a veritable small business hot-spot, in a heartbeat, Doral is home to multitudes of  businesses catering to the Latin American Market.  With one of the highest per capita concentrations of small businesses, and home to logistics, aerospace, and telecommunications industries,  the City of Doral is headquarters for several major corporate entities as well.  Pepsi-Cola is a strong  South Florida economic influencer,  and Brightstar (specializing in telecommunications and wireless communications products)….  is one of the largest Hispanic-owned companies in the United States.

Resort-style communities  abound in Doral, offering  world class golf and amenities,  and options of single family homes, or townhomes and condos.

Doral Isles offers acres of community recreational facilities :  lagoon pools with cascading waterfalls, soccer fields, baseball, basketball, kayaking, sandy beaches, docks, full-service fitness centers, open air cafes and outdoor dining. Here is a beautiful two story, 3 bedroom, 3 bath townhome for sale in the community. Considering living in Doral?   Call us!

The 24 hour private gated community of The Moorings is located in South Coconut Grove off of Main Highway.  There are 4 homes for sale right now which range in price from $1,495,000 to $2,799,000.   None of the homes that are currently for sale are on the water, but the community does have waterfront homes.  Each residence comes with Riparian Rights.  There is dock space  available for residents of The Moorings but the wait list is several years long.   The properties in here are a mixture of old and new construction and the lots are very large.

Current Homes For Sale in The Moorings

3833 Moorings Ct. | Asking Price: $2,799,000 (never been reduced) | On Market Since 09/2008 |  2,500 sq. ft. | 25,500 sq. ft. lot | 3 bedrooms, 2 baths.  Broker is Coldwell Banker.  This is a large beautiful lot, price per square feet of land is $109.00, price per square foot of living area is $1,196.00.

3462 N. Moorings Way | Asking Price: $2,390,000 (reduced from 2,990,000) | On Market Since 2/2008 | 4,563 sq. ft. | 10,800 sq. ft. lot | 5 bedrooms, 4 baths.  Broker is GRG Realtors.  Price Per Square Foot is $523.00.

3837 N. Moorings Way | Asking Price: $1,950,000 (reduced from $2,699,000) | On Market Since 4/2008 | 4,416 sq. ft. | 12,000 sq. ft. lot | 4 bedrooms, 4.5 baths.   Broker is Grove Properties.   Price Per Square Foot is $441.00.

3574 S. Moorings Way | Asking Price: $1,495,000 (never been reduced) | On Market Since 1/2009 | 3,337 sq. ft. | 13,200 sq. ft. lot | 5 bedrooms, 4 baths.  Broker is Avatar.   Price Per Square Foot is $448.00.

Sold In 2009 in The Moorings

3570 South Moorings Way | Asking Price: $4,950,000 | Sale Price: $3,700,000 | Sale Date: 3/2009 | 8,142 sq. ft. | 21,360 sq. ft. lot | 6 bedrooms, 8 baths.  Sale Price Per Square Foot: $454.00 per sq. ft.

Aside from the homes, one of my favorite things about The Moorings is this stunning tree that greets you as you drive through the guard gate.  I believe it is a Kapok Tree.

If you are interested in seeing any properties in The Moorings, please send me a note here or call at 305.342.1623.

8559 SW 115 Place, Miami, Florida 33173

JUST SOLD  $299,900 – Days on the Market 30

Beautiful 3 Bedroom 2.5 Bathroom 2-story townhouse located in the beautiful community of Kings Court.  Kings Court offers 1 and 2 story townhomes with a courtyard entrance, single car garage and a fenced back yard.  Amenities for the community include 2 pools (1 heated), tennis courts, basketball court, fitness center, clubhouse, racquetball and beautiful tropical gardens and mature trees throughout the entire complex.  It is a guard gated community located near all major freeways in Kendall.   Maintenance fees are currently $153.00 monthly.

Smathers Four Fillies Farm is among the three finalists for this year’s Urban Land Institute’s top awards recognizing sustainable developments and GREEN living. Lowering home operating costs by $1,000.00 a year,   Four Fillies far and away exceeds Florida Energy Efficiency Code standards… by  20 to 30 percent… and offers a unique quality of life. 

ULI’s  GREEN AWARD recognizes projects that offer sustainable values,  have  minimal environmental impact,  improve quality of life, comfort, and health… and incorporate regenerative site development strategies, energy and water conservation, use of sustainable or renewable materials, and improved  air quality.

As one the “Florida Green Building Coalition” (FGBC) certified developments, Four Fillies includes abundant  healthy insulation, special air filtration, energy star appliances,  and continuous water conservation (through landscaping choices and choices of appliances and fixtures).  Impact glass aids in energy conservation,  facilitates hurricane preparation and adds an intrinsic safety feature. Paints have low levels of volatile organic compounds. Interior wall studs are steel. The homes are termite and mold-resistant.

Dual concentric horseshoes consisting of  30 homes on a portion of 32 acres of lush tropical foliage, were created in and around existing plant life, mature trees, and tropical foliage… minimizing impact on the natural fauna,  hammocks and spectacular surrounding grounds maintained and protected by Fairchild Tropical Botanic Gardens.

The  32 acre property, donated to the UNIVERSITY OF MIAMI 16 years ago, was a gift from long-time philanthropist and UM trustee Frank Smathers.  31 homes will grace the grounds including a residence that will be home to the President of the University of Miami.  21 acres will remain pristine … (apart from the natural hammocks, which are stunningly wild and utterly beautiful!) and preserve the history of the original Smathers stables, as seen here to the right. 

A brilliant concept, with ingenious architectural finess and design, Four Fillies offers residents a unique opportunity to live and be a part of this eco-friendly community built by Breakstone, under the wing of MAMCO ’s (Miami Asset Management Company)  Michael Katz and Patrick Burbank… with  environmentally friendly urban design concepts from Donna Shalala , and backing and support from Evelyn Greer.

Only a handful of homes remain available in Four Fillies for purchase. Deed restrictions apply, as the property is affiliated with the University of Miami. Professors (adjunct, part-time, volunteer), deans, in addition to medical, research and recruits qualify under the deed restricted status.  Pricing ranges from $1.1  to $1.4  (11411 Smathers Circle and 11414 Smathers Circle) , and the gated communityis located is between Red Road and Old Cutler: with the entrance to Four Fillies on 11511 Red Road, Pinecrest, Florida.  For further information, call Vicki Restivo at 305 793 1365 or Alexandra Restivo at 305 632 0164.

Chinese Proverb…….

Davie FL. Has an intimate country community called” Long Lake Estates”.  Developed in the early 2000 country living and family were the builders top priority.  G.L. Homes is South Florida’s leading builders.  Known for designing outstanding communities, G.L. Homes has been building quality homes since 1976.

Long Lake Estates in Davieis an intimate community of only 95 homes.  The home sites are surrounded by a tranquil 16-acre lake.  Long Lake is located on Nob Hill Road within minutes to I-595,I-75,I-95 and the turnpike.  Live in the country and be minutes from downtown Fort Lauderdale.

This man gated community has a rustic stone guard house with cascading waterfalls ascended with lush beautiful landscaping.  Amenities include playground for the young,two tennis courts,a basketball court and picnic area.  Recreational trails for horseback riding, skating, walking or bike riding.

Tree Top Park is minutes from the community and offers 356 acres of recreation with canoeing,nature trails,fishing and playgrounds.  The park also has over 3.5 miles of equestrian trails.

Some of the models that were built in the community are the Raphael, Caliterra, Marcellina, Sonoma, Renior.  Each model has it’s own unique design with family in mind.  The square footage range from over 3,000 to over 5,o00.  One story and two story models are offered.

The public schools are just down the road from the community.  Fox Trail Elementary School is located at 1250 Nob Hill Rd.  Indian Ridge Middle School is located at 1355 Nob Hill Rd.  Western High School is located on 136th street.  As always in life thing do change, so I have given you the link to each school’s web site to make sure no changes have accured since I wrote this blog.

Community Playground

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Tennis Courts

If you want Comfort with a little bit of Country then this is the community for you.  Long Lake Ranches is the extension of this community.   Situated just south of the Long Lake  Estates this community is larger with lot sizes at an acre or larger.  More information on this community in my next blog.