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Coconut Grove Real Estate

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Coconut GroveAmidst the seemingly chaotic Miami environment is Coconut Grove, a serene yet lively village that provides peace of mind to residents and visitors alike. The

beautiful scenery and bayside views add to Coconut Grove’s laid-back vibe that has been attracting visitors of all sorts and been the key inspiration of writers and artists since its once-humble beginnings in the late 1800s.

Coconut Grove is a pedestrian-friendly neighborhood adorned with charming tree lined streets, quaint outdoor cafes, upscale dining establishments, and eye-catching boutiques.

Referred to as “The Grove” by locals, Coconut Grove also boasts a bustling nightlife that rivals some of Miami’s top hotspots.
Coconut Grove is home to The Barnacle Historic State Park, a park offering exclusive views of the Biscayne shore and the last remnants of hardwood hammock forestland, as well as an exclusive boating community. Coconut Grove’s ideal location on the Biscayne Bay makes it a popular destination for sailing.

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rileysmith

South Coconut Grove Foreclosure Is Under Contract In Less Than A Week

Nov 19th 2009
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Just as I predicted, the foreclosure I wrote about last weekend got snapped up in a matter of days.  It officially went pending today.
I took several clients over to see the house but they all decided that it was more of a “project” than they were hoping for.
To stay updated with all of the current [...]

Authored by Riley Smith | Discussion: No Comments »

rileysmith

Recent Pocket Listing Sales

Nov 19th 2009
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There have been a few sales recently that sold before they ever made it to the MLS.   Both of these homes were pocket listings by my fellow EWM colleagues, congratulations!

2727 Hilola Street | 5 Bedrooms/5 Baths| 3,471 Sq. Ft. | 10,316 Sq. Ft. Lot | Sale Price: $1,135,000 | Sale Price PSF: $326.00 | Built [...]

Authored by Riley Smith | Discussion: No Comments »

rileysmith

The Snowbirds Are Coming!

Nov 18th 2009
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It is that time of year again when the northerners head south for the winter.  For all of you who are interested in second homes, Coconut Grove has one of the most stable condo markets in South Florida.  Our luxury buildings here in Coconut Grove offer bay views and top amenities.
Click on the links below [...]

Authored by Riley Smith | Discussion: No Comments »

rileysmith

Recent Pending Sales In Coconut Grove

Nov 16th 2009
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Coconut Grove Homes Recently Under Contract
A little self promotion, I am representing the buyers on the Micanopy house and the Battersea house.

Address:
Bds/Bths:
Sq. Ft.
Sq. Ft. Lot
Asking Price:

1666 Micanopy Avenue
5/5.5
4,777
7,500
$1,535,000

247 East Shore Drive
4/4.5
2,970
9,750
$905,000

17 North Shore Drive
3/3.5
3,083
11,131
$799,900

4035 Battersea Road
2/2
2,085
13,000
$749,000

301 East Shore Drive
4/5
4,529
10,098
$699,900

2927 Shipping Avenue
3/2
2,107
N/A
$439,999

Coconut Grove Townhouses Recently Under Contract

Address:
Bds/Bths:
Sq. Ft.
Asking Price:

L’Hermitage
4/3.5
4,029
$1,195,000

2960 Bridgeport Avenue
3/3.5
2,755
$595,000

3056 Elizabeth Street
3/2.5
2,636
$239,900

2650 Bird Avenue
2/2.5
1,046
$239,000

2740 SW 28 Terrace #305
1/1
705
$120,000

Coconut Grove Condos [...]

Authored by Riley Smith | Discussion: No Comments »

rileysmith

Gorgeous home on St. Gaudens listed by EWM

Nov 15th 2009
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This 4 bedroom/3.5 bath home on St. Gaudens Road was featured in the Miami Herald Home Section this weekend.  Listed by EWM, it is priced at $2,345,000.

The home is an original 1928 Old Spanish that has been beautifully renovated and restored and features a separate guest quarters/staff house and a catering kitchen.

Details:

3,426 square feet of [...]

Authored by Riley Smith | Discussion: No Comments »

rileysmith

NEW Foreclosure On The Market In South Coconut Grove, $874,900/$201 PSF

Nov 14th 2009
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This foreclosure came on the market just hours ago and is sure to be gobbled up quickly.  I got the lockbox number as soon as I saw it come on the MLS and took some clients over this evening to preview it (yes, at 6:00 pm on a Saturday night).

Here is a run down on [...]

Authored by Riley Smith | Discussion: No Comments »

rileysmith

This is no joke

Nov 13th 2009
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I have a client who is coming in from out of town this weekend to look at high end homes in the area.  This is an exact transcript of a conversation that I had with another real estate office regarding a $1,000,000+ listing.
So that I won’t be sued, I have changed the names (appropriately I [...]

Authored by Riley Smith | Discussion: No Comments »

rileysmith

Short Sale on Justison Road Closes in Good Time

Nov 12th 2009
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As far as short sales are concerned this listing on Justison Road closed quickly – about 3.5 months.  I had the listing back in 2008 priced at $799,000, and it closed last week for $700,000.
The house was a little choppy on the interior and needed updating, but was located on a beautiful lot and had [...]

Authored by Riley Smith | Discussion: No Comments »

rileysmith

North Grove Old Spanish Home With Guest House Comes On Market

Nov 10th 2009
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This Old Spanish home recently came on the market in North Coconut Grove.
I was in the house last week and it is charming, in good condition and shows very well.  The owners are asking $773,000.  At this number it is not a steal, but it is a good house for a good price and worth [...]

Authored by Riley Smith | Discussion: No Comments »

rileysmith

Under $400k Homes Moving Fast In South Grove

Nov 4th 2009
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There were 3 homes that came on the market recently that went pending in a matter of days.  They were all priced under $400,000.
The first home was located at 4095 La Playa Blvd. and was priced at $399,000.  The house featured 3 bedrooms, 1.5 baths and 2,026 square feet of living space.  Broker was Coldwell [...]

Authored by Riley Smith | Discussion: No Comments »

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