Foreclosures
Foreclosure On Le Jeune Road Finally Sells
Categories: Coconut Grove, Foreclosures, Real Estate News
hiI wrote about this foreclosure in South Coconut Grove several times on my blog. I knew the home very well because I had many clients who were interested in buying it and one client who made an offer on it. Initially it was priced at $534,000 which was too high (due to the fact that [...]
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Two foreclosures sell under $200.00 per square foot
Categories: Coconut Grove, Foreclosures, Real Estate News, Selling Real Estate
hiThis week there were 2 foreclosures that closed under $200.00 per square foot.
3701 Battersea Road (photo above) | 4 Bedroom, 4 Bath | 2,680 sq. ft. Living Space | List Price: $364,000 | Sale Price: $340,000 | Sale Price Per Square Foot: $126.00 | Last Sale Price in 2006 was $920,000
3690 Stewart Avenue (photo above) [...]
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The End Of The Grove Garden Foreclosure Story
Categories: Coconut Grove, Foreclosures, Real Estate News
hiThe foreclosure unit at Grove Garden which got so much interest last month (see post here, and here) closed on Friday for a price of $320,000. If you recall, my client’s offer was $327,000. The backup offer and the offer that they finally accepted was $330,000. As it turned out there was a government lien on the property that brought the final sale price [...]
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New Foreclosure On The Market In Prestigious Beacon Harbour Condo
Categories: Coconut Grove, Foreclosures, Real Estate News
hiI hate to write about foreclosures so many days in a row, but this one I found so interesting I couldn’t help myself.
A foreclosure came on the market today in Beacon Harbour. It is Unit 302, priced at $1,790,000 and features 3,444 square feet of living space with 3 bedrooms and 3.5 baths.
Beacon Harbour is a luxury boutique condo [...]
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Grove Garden Foreclosure Story
Categories: Coconut Grove, Foreclosures, Real Estate News
hiLast week I posted a great foreclosure opportunity in Grove Garden. I had a large response from my readers who were very interested in the property and I took several of them to see it. You can read the post here.
One of my clients decided to put in an all cash offer for the unit. After submitting our [...]
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Coconut Grove’s Foreclosure Market
Categories: Coconut Grove, Foreclosures, Real Estate News, South Florida Market Stats
hi**Update: The foreclosure on 3690 Stewart Avenue went under contract on July 28, 2009.
Shockingly there are only 3 single family foreclosures currently on the market in Coconut Grove (2 in South Grove, 1 in North Grove). To view pictures and information of the foreclosures in Coconut Grove, click here.
301 East Shore Drive, $749,000
3690 Stewart Avenue, $675,000
3871 Le Jeune Road, $429,900
The interesting [...]
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Not Your Average Foreclosure Flip
Categories: Coconut Grove, Foreclosures, Listings, Real Estate News
hiThis is one of the first foreclosures to be flipped in Coconut Grove. I wrote about the house when it came on the market as a foreclosure back in July of 2008 ($259,000 home on Kumquat…gone in seconds, Update on 3970 Kumquat) because it had been used as a marijuana grow house prior to the [...]
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Luxury Foreclosures – South Florida Real Estate
Categories: Coconut Grove, Coral Gables, Foreclosures, Pinecrest, Real Estate News
hi1)Pinecrest, FL — PINE TREE Estates
7 Bedrooms
4 Full Bathrooms
2 Half Bathrooms
6,092 Sq Ft
Pool
Built by Kenner Custom Estate in two end street-quite. Crown moldings high cealing,impact windows & doors.stone fire place,brazilian woods floors in master,kitchen:granite &wood gabinets.Tabertine marble floor though the house
Asking 2,350,000
This Listing is Courtesy Of: INTERNATIONAL INVESTORS REALTY
2) Coral Gables, FL — Coral Bay
3 [...]
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New Foreclosure In Bay Heights – Needs To Be Reduced
Categories: Coconut Grove, Foreclosures, Real Estate News
hiThis new foreclosure in Bay Heights came on the market last week. I previewed the home for some clients and was impressed with its large size. It has 4,529 square feet of living space on an 11,000 square foot lot with ample room for a pool. The home is a sprawling ranch-style home which is very typical for [...]
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Setbacks When Buying A Foreclosed Townhouse In Coconut Grove | Proceed With Caution
Categories: Coconut Grove, Foreclosures, Real Estate News
hiThere is a new trend developing in the townhouse market here in Coconut Grove and it can happen just days before the buyer is ready to close. If a buyer is purchasing a townhouse that is currently in foreclosure, he/she may not be able to obtain the condo documents for the association which can result in the lender not providing funds [...]
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