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BY Michael Light / On March 13, 2018

 
Michael Light and Andrew K. Becerra, Jr., of the Miami Luxury Homes Group at Douglas Elliman Real Estate, have just sold 4131 Woodridge Road, setting the 2018 YTD non-waterfront record in South Coconut Grove.

The Miami Luxury Homes Group represented both the seller and the buyer in the sale of 4131 Woodridge Road, putting the home under contract after only 48 days on the market. The property just closed for $2.35 Million ($565 per square foot) marking the highest sales price and price-per-square-foot non-waterfront home to sell in South Coconut Grove, so far in 2018.

The average closed price-per-square-foot in South Grove in 2017 was $492.21…and we sold for 14.8% above 2017 pricing! The average days on market for homes in South Grove in 2017 was 170…and we sold in 48 days!

Read the full market statistics that I publish each year for Coconut Grove here: 2017 Coconut Grove Real Estate Statistics: A Look Back

The property located at 4131 Woodridge Road in the prestigious, highly-sought-after South Coconut Grove neighborhood of Miami consists of a chic, 2-story ‘smart home’ featuring 4 bedrooms, a bonus room, 4.5 bathrooms and an expansive lusciously-landscaped pool deck and covered patio that overlooks Merrie Christmas Park. Check out the video of the custom-designed luxury home below.


Michael Light, owner of the Miami Luxury Homes Group at Douglas Elliman, set a historic record in Coconut Grove in 2017 with the sale of “Hammock House” located at 3503 Banyan Circle in Camp Biscayne, setting the all-time highest-price-per-square-foot record for a non-waterfront home in the history of Coconut Grove. You may read more about this sale here: ‘Hammock House Shatters Coconut Grove Real Estate Record.’

If you, or someone you know, are interested in selling your home in Coconut Grove, please contact Michael Light, Broker Associate and Senior Director of Luxury Sales at Douglas Elliman Coconut Grove at 786-566-1700 or by email at michael@miamiluxuryhomes.com.

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