Exclusive Cloisters on the Bay Villa in Coconut Grove Offered at $2.195M $1.995M

Michael and Jaimee Light of the Miami Luxury Homes Group at Douglas Elliman Real Estate are proud to announce their newest luxury listing situated in the exclusive guard-gated bayfront enclave “Cloisters on the Bay” located in the sought-after neighborhood of Coconut Grove in Miami, Florida.

Cloisters on the Bay Unit 1032 located at 3471 Main Highway in the heart of Center Coconut Grove, is a 4-level Mediterranean-style townhome offering 4,963 square feet, 2-car attached garage + 4 additional parking spaces and a spectacular private rooftop terrace overlooking Peacock Park and Biscayne Bay for only $2,195,000 reduced to $1,995,000!

Aerial View of Cloisters on the Bay

Aerial View of Cloisters on the Bay

This residence features a private interior elevator that operates from the main level to the 4th level rooftop, hurricane-impact windows and doors, 24″ travertine flooring, beautiful rod iron staircase and multiple terraces throughout. The Main Level offers an entrance foyer, large family room, ample storage closets, access to the 2-car garage and a vast outdoor covered patio, which is perfect for entertaining and could easily be enclosed for additional AC living space. The Second Level offers an entrance foyer, formal dining room, powder room, office with custom built-in bookshelves, large family room with custom bar and a covered terrace overlooking Peacock Park. The gourmet eat-in kitchen completes this Second Level, and features a Chef’s island with butcher board and removable granite top, Cherry wood cabinetry, granite countertops, dual stainless-steel sinks, Thermador professional-grade gas range, Thermador built-in double ovens and warming tray, built-in Miele coffee/espresso machine, 2 built-in custom China cabinets, a walk-in pantry with stainless-glass double doors with Cherry wood trim and a large breakfast room.

Cloisters on the Bay Unit 1032 Kitchen

Cloisters on the Bay Unit 1032 Kitchen

Cloisters on the Bay Unit 1032 Kitchen

Cloisters on the Bay Unit 1032 Kitchen

Cloisters on the Bay Unit 1032 Family Room View

Cloisters on the Bay Unit 1032 Family Room View

The Third Level consists of all 3 bedrooms with ensuite bathrooms, including a master suite boasting a sitting area, private terrace and a master bathroom with 2 separate matching vanities, corner soaking Jacuzzi tub, glass-enclosed shower and separate water closet. This level also has a spacious laundry room with a Samsung front-load washer and dryer. The Fourth Level offers a large elevator foyer before stepping out to the expansive rooftop terrace featuring a built-in hot tub with a pergola, a covered dining area and stunning views of Peacock Park, Biscayne Bay and the Coconut Grove skyline.

Cloisters on the Bay Unit 1032 Rooftop Terrace Hot Tub

Cloisters on the Bay Unit 1032 Rooftop Terrace Hot Tub

Cloisters on the Bay Unit 1032 Rooftop Terrace

Cloisters on the Bay Unit 1032 Rooftop Terrace

Overview of Cloisters on the Bay Unit 1032

Residence Features

  • Cloisters on the Bay | 24-Hour Guard-Gated Townhome Enclave Completed in 2003
  • Bayfront and Parkfront Community Situated Along Biscayne Bay and Peacock Park
  • Home Square Footage: 4,963 SF
  • 4-Story Townhome with an Interior Elevator with Access to All Floors
  • 3 Bedrooms / 3 Ensuite Bathrooms + Powder Room
  • Hurricane Windows and Doors Throughout
  • 24” Travertine Flooring (Berber Carpets in Bedrooms)
  • Gourmet Kitchen with Chef’s Island and Thermador Gas Cooking
  • Expansive Rooftop Terrace with Hot Tub Overlooking Peacock Park and Biscayne Bay
  • Parking: 2-Car Attached Garage + Private Guest Parking for 4 Cars
  • Exterior of Townhome was Completely Repainted (2018)
  • Two A/C Zones (New 2017 & 2018)
  • Offered at $2,195,000 $1,995,000

Cloisters on the Bay Community Features and Amenities

  • 24-Hour Guard-Gated Enclave of only 40 Residences
  • Club House
  • Heated Swimming Pool
  • Outdoor Bar Overlooking Pool
  • Lighted Tennis Court
  • Bay Access for Watersports
  • Lush Park-Like Landscaping
  • Stunning Views of Biscayne Bay
  • Ideally Located in Coconut Grove, Steps from Shopping, Restaurants and Marinas

Download Cloisters on the Bay Unit 1032 Residence Features

If you, or someone you know, are interested in a private viewing of Unit 1032 at Cloisters on the Bay in Coconut Grove, please contact listing Broker, Michael Light, Senior Director of Luxury Sales at Douglas Elliman Real Estate and Member of the elite Sports & Entertainment Division. You may reach Michael directly at (786) 566-1700 or michael@miamiluxuryhomes.com.

Aerial View of Coconut Grove with Cloisters on the Bay Featured

Aerial View of Coconut Grove with Cloisters on the Bay Featured

Aerial View of Cloisters on the Bay Amenities

Aerial View of Cloisters on the Bay Amenities

Cloisters on the Bay Pool

Cloisters on the Bay Pool

JUST LISTED | Modern 3-Bed/2.5-Bath Townhome in Coconut Grove Offered at $998,000

 
Michael and Jaimee Light of the Miami Luxury Homes Group at Douglas Elliman Real Estate are very excited to announce their newest luxury listing ideally located in the heart of Center Coconut Grove at 3175 Florida Avenue, walking distance from CocoWalk and all of the restaurants, boutique shopping, parks & marinas that Coconut Grove has to offer.

Built in 2011, this modern 3-bedroom/2.5-bathroom gated townhome in Center Grove offers 2,440 square feet of high-designed interior living space and a spectacular, lush outdoor entertainment area featuring a unique convertible Florida room with Phantom blinds and a private pool. 

On the first floor, this luxury home offers a formal open-concept living/dining room, powder room, spacious family room with a show-piece built-in maple accent wall/television console and a gourmet kitchen boasting top-of-the-line Wolf/SubZero stainless-steel appliances, real maple cabinetry, Quartz countertops, Chef’s island with Wolf gas cooking and a custom, built-in bar with a wine refrigerator.

A beautiful wood staircase leads you to the second floor of this home, which consists of all 3 bedrooms including the grand master suite offering a private terrace, oversized walk-in closet with custom California closets and a spa-like bathroom boasting an extra-long dual vanity sink with maple cabinetry and marble countertops, a separate water closet and an oversized glass-enclosed shower with steam and rain showers. The second and third bedrooms are both large rooms with custom California closets and are joined by a Jack and Jill bathroom featuring a dual sink vanity with marble countertops and maple cabinetry and a separate room with a shower/bathtub combination. A laundry closet with a stackable, full-size front-load Whirlpool washer and dryer complete the second floor of this townhome.

Additionally, this immaculate townhome offers hurricane-impact windows/doors, 36″ contemporary grey porcelain flooring, high ceilings, custom California closets, built-in Maple accent pieces, contemporary ceiling fans, Lutron Lighting, Luxul wireless internet access point, Ring system and an alarm system throughout. This home also offers ample parking including an attached 1-car garage, 2 spaces within the gate and multiple spaces outside the gate.

This townhome is ideally located in Center Grove directly behind CocoWalk & walking distance to all of the restaurants, boutique shopping, parks & marinas that Coconut Grove has to offer.

If you are interested in a private viewing of this townhome in Coconut Grove, please contact listing broker, Michael Light, Senior Director of Luxury Sales at Douglas Elliman Real Estate. You may reach Michael directly at (786) 566-1700 or michael@miamiluxuryhomes.com.

3175 Florida Avenue Foyer and Formal Living/Dining Room

3175 Florida Avenue Foyer and Formal Living/Dining Room

3175 Florida Avenue Formal Living/Dining Room Flow Through

3175 Florida Avenue Formal Living/Dining Room Flow Through

3175 Florida Avenue Kitchen

3175 Florida Avenue Kitchen

3175 Florida Avenue Kitchen

3175 Florida Avenue Kitchen

3175 Florida Avenue Kitchen Flow Through

3175 Florida Avenue Kitchen Flow Through

3175 Florida Avenue Family Room

3175 Florida Avenue Family Room

3175 Florida Avenue Pool Deck

3175 Florida Avenue Pool Deck

3175 Florida Avenue Master Bedroom

3175 Florida Avenue Master Bedroom

3175 Florida Avenue Master Bathroom

3175 Florida Avenue Master Bathroom

3175 Florida Avenue Portion of Master Closet

3175 Florida Avenue Portion of Master Closet

 

Coconut Grove – September 2018 Market Snapshot

 
The Coconut Grove September 2018 Market Snapshot gives you up-to-date market statistics for real estate in Coconut Grove including current properties listed for sale and closed sales in the last six (6) months.

If you are considering selling your home or purchasing real estate in Coconut Grove, it is important for you to be informed on the current state of the market with regards to price. So, I have compiled statistics from the Multiple Listing Service (MLS) regarding the inventory of single-family homes that are currently listed for sale in Coconut Grove.

Below, you will find charts highlighting the percentage of homes that are currently on the market in certain price points and the average price per square foot of these homes currently listed for sale.

After looking at what is currently on the market, most people ask, “what will these homes actually sell for?!” The best indicator of what a home may sell for in the current market is to look at the closed sales in the area over the last 6 months. This will give you a good indication of the “discount” that you may be able to expect if you plan to buy a home today. So, I have also included a graph showing all closed sales in Coconut Grove over the past 6 months, broken down by price per square foot.

Coconut Grove Single-Family Homes Currently For Sale (as of 9/6/2018)

Coconut Grove Single-Family Homes Currently For Sale (as of 9/6/2018)

 

Coconut Grove Single-Family Homes Currently For Sale - Average Price Per Square Foot (as of 9/6/2018)

Coconut Grove Single-Family Homes Currently For Sale – Average Price Per Square Foot (as of 9/6/2018)

 

Coconut Grove Single-Family Homes Closed Sales - Last 6 Months - Average Price Per Square Foot (as of 9/6/2018)

Coconut Grove Single-Family Homes Closed Sales – Last 6 Months – Average Price Per Square Foot (as of 9/6/2018)

If you are interested in purchasing a home in Coconut Grove, or simply would like more information about the Coconut Grove real estate market, please contact Michael Light, Senior Director of Luxury Sales at Douglas Elliman Real Estate. You may reach Michael directly at his Coconut Grove office at (305) 350-9842, on his cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.

 

To see all Coconut Grove market stats, please read: 2017 Coconut Grove Real Estate Statistics: A Look Back

Note: The MLS data for the information contained herein was retrieved from the MLS on September 6, 2018.

Listed & Sold in 6 Days | Modern Free-Standing Townhome in Center Coconut Grove

 
Michael and Jaimee Light of the Miami Luxury Homes Group at Douglas Elliman Real Estate recently listed 3121 Oak Avenue, a unique, free-standing townhome in Coconut Grove and placed this modern home under contract in 6 days after receiving multiple offers!

Built in 2009, this 3-story, 3-bedroom, 3.5-bathroom, gated home offers 2,410 square feet of interior living space, is detached and has a 2-car garage, which is quite rare to find in Center Grove. This lovely residence also offers a lush backyard with a private pool and a 1,200-square-foot private rooftop patio with a summer kitchen hook up.

3121 Oak Avenue Private Pool

3121 Oak Avenue Private Pool

This townhome is ideally located in Center Grove directly across from Kirk Munroe Tennis Center & Park and directly behind CocoWalk. Center Coconut Grove is an ideal location to call home because it is walking distance from pretty much everything…CocoWalk (which is currently getting a major face-lift), delicious Grove restaurants, entertainment, boutique shopping, parks, markets and marinas.

If you are interested in making Coconut Grove your new home, Michael Light, resident of Coconut Grove, would appreciate the opportunity to give you a private tour of the highly-sought-after, bayfront neighborhood and provide you with the current statistics of the Coconut Grove real estate market. For all serious inquiries, please contact Michael Light directly at (786) 566-1700 or michael@miamiluxuryhomes.com.

JUST LISTED | VERY RARE – Free-Standing, Gated Townhome in Center Coconut Grove with 2-Car Garage

 
Michael and Jaimee Light of the Miami Luxury Homes Group at Douglas Elliman Real Estate are very excited to announce their newest, unique listing situated at 3121 Oak Avenue in the highly-sought-after neighborhood of Coconut Grove. This free-standing, gated townhome not only has a 2-car garage, which is completely rare for Center Grove, but also has a private pool, a 1,200-square-foot private rooftop patio and no maintenance fees! I challenge you to find this property anywhere else in Center Grove for sale…it does not exist! This home is ideally located in Center Grove directly across from Kirk Munroe Tennis Center and Park and directly behind CocoWalk.

3121 Oak Avenue is offered for sale at $1,050,000.

If you are interested in a private viewing of 3121 Oak Avenue, please contact listing agent Michael Light directly at (786) 566-1700 or michael@miamiluxuryhomes.com.

3121 Oak Avenue, Coconut Grove

3121 Oak Avenue, Coconut Grove

3121 Oak Avenue 2-Car Garage

3121 Oak Avenue 2-Car Garage

Built in 2009, this 3-story, 3-bedroom, 3.5-bathroom home offers 2,410 square feet of interior living space boasting 24″ white porcelain flooring and hurricane-impact windows and doors throughout. The main level features an open-concept kitchen with espresso cabinetry, granite countertops and stainless-steel appliances, dining room, powder room and an expansive living room overlooking the private pool surrounded by lush landscaping.

3121 Oak Avenue Living Room Flow Through

3121 Oak Avenue Living Room Flow Through

3121 Oak Avenue Kitchen

3121 Oak Avenue Kitchen

3121 Oak Avenue Kitchen Flow Through

3121 Oak Avenue Kitchen Flow Through

3121 Oak Avenue Living Room

3121 Oak Avenue Living Room

3121 Oak Avenue Private Pool

3121 Oak Avenue Private Pool

3121 Oak Avenue Private Pool

3121 Oak Avenue Private Pool

The 2nd level offers 3 bedrooms with ensuite bathrooms including the master suite boasting a large walk-in closet, private terrace overlooking the pool and bathroom with large dual sink vanity, marble countertops, glass-enclosed shower with marble wet walls and a separate water closet with bidet. A laundry room with full-size Whirlpool front-load washer and dryer completes the 2nd level. The 3rd level is a private, 1,200-square-foot rooftop terrace with a built-in sink and summer kitchen hookup.

3121 Oak Avenue Entrance and Staircase Foyer

3121 Oak Avenue Entrance and Staircase Foyer

3121 Oak Avenue Master Bedroom

3121 Oak Avenue Master Bedroom

3121 Oak Avenue Master Bedroom

3121 Oak Avenue Master Bedroom

3121 Oak Avenue Master Bathroom

3121 Oak Avenue Master Bathroom

3121 Oak Avenue Private Rooftop Terrace

3121 Oak Avenue Private Rooftop Terrace

About Center Coconut Grove

Center Coconut Grove is an ideal location to call home because it is walking distance from pretty much everything…CocoWalk, delicious Grove restaurants, entertainment, boutique shopping, parks and marinas. And what is even more unique about the Center Grove neighborhood is that it mostly consists of attached townhomes, which are basically big homes split into two separate residences and managed by the 2 owners together like a mini homeowner’s association. This is the common theme specifically in Center Grove, and most townhomes are around 2,400 square feet in size. But…as I mentioned earlier…finding a free-standing home with a 2-car garage in Center Grove is nearly impossible.

Discover the Gated Communities in Coconut Grove

 

Coconut Grove is one of the most sought-after places to call home in South Florida, offering a variety of exclusive, gated waterfront and non-waterfront communities. Below is a list of gated communities in Coconut Grove broken down into single-family homes and townhomes & villas for you to learn more about each of the gated neighborhoods.

Single-Family Home Gated Coconut Grove Communities

Hughes Cove | Devon Road, Devon Court

Hughes Cove is one of the most exclusive gated communities in all of Coconut Grove. Situated in South Grove and nestled behind a 24-hour guard gated entrance on the quiet street of Devon Road, this community consists of only 10 ultra-luxury estates with a select few situated directly on Biscayne Bay. Hughes Cove is home to some of the most influential people in South Florida who enjoy a private bayfront park, tennis court and boat basin with dock space.

Camp Biscayne | Banyan Circle, Munroe Drive, Wildwood Drive, Main Lodge Drive

Immersed in history, Camp Biscayne is the former 1920’s winter getaway resort that catered to such aristocratic visitors as the Rockefeller family and Alexander Graham Bell, providing these visitors with a captivating and rustically-charming camp for water activities such as fishing and sailing. Now, Camp Biscayne is one of Miami’s best-kept secrets offering ultimate tropical serenity surrounded by giant oak trees, natural park-like landscaping and the sparkling waters of Biscayne Bay.

As one of the most exclusive neighborhoods in Miami, Camp Biscayne offers only 21 luxury homes which are all nestled into the lush scenery of Coconut Grove, offering an array of private in-home amenities as well as luxe exterior amenities such as tennis courts, tropical pool decks and outdoor kitchens. Homes situated in Camp Biscayne are in high demand, but are hard to come by as these homes seldom hit the market for sale.

Camp Biscayne is perfectly tucked away next to the notable Barnacle Historic State Park in Center Grove, but is walking distance from an eclectic variety of boutique shopping, entertainment and Coconut Grove restaurants.

The Moorings | Moorings Court, North Moorings Way, South Moorings Way

The Moorings is a small, gated bayfront neighborhood in South Grove comprised of only 43 homes situated off of Main Highway, along the Commodore Bike Trail, with the main streets being North Moorings Way and South Moorings Way. The very lush tropical foliage and vegetation of Coconut Grove is a perfect setting for the stunning, architecturally-designed mansions that grace this neighborhood, most of them being Mediterranean, with the most spectacular features and lavish details.

The Anchorage | Anchorage Way

The Anchorage is a small, gated waterfront community in South Coconut Grove consisting of only 8 homes which were built in the mid 1990’s. These estate homes are quite large ranging in size from approximately 5,000 square feet to over 10,000 square feet and rarely come on the market for sale.

Treasure Trove | Treasure Trove Lane

Situated off of South Bayshore Drive in North Coconut Grove across from the Coral Reef Yacht Club, Treasure Trove offers a beautiful grand entrance that leads to 10 single-family homes surrounded by lush park-like landscaping. This gated community also offers a rear entrance off of Tigertail Avenue.

Entrada Estates | Matheson Avenue, Stewart Avenue, West Drive

Situated in the southernmost point of Coconut Grove in South Grove, Entrada Estates is a gated, waterfront community offering residents a central location between Coconut Grove, Coral Gables, South Miami and Pinecrest. Entrada Estates offers 3 different types of residences which include non-waterfront homes, canal-front homes offering ocean access and waterfront estates that offer incredible views of Biscayne Bay. This community is open to the public, but offers a 24-hour security guard and lighted tennis court.

De Garmo Estates | De Garmo Lane

De Garmo Estates is a private, gated community in South Grove situated at the intersection of Main Highway and Douglas Road. This small, lush community consists of only 11 homes, one of which was the original home of prominent architect Walter De Garmo which has since been beautifully restored but still holds the Mediterranean charm that Mr. De Garmo was celebrated for. The other homes in De Garmo Estates were built in the early 1990’s, boasting Mediterranean-style facades.

Four Way Lodge Estates | Poinciana Avenue

Four Way Lodge Estates is a gated community in South Coconut Grove, which is open to the public but offers a 24-hour security guard at the entrance. This community offers 42 lovely single-family homes, with a select few being canal front and some bay front.

Poinciana Closed Road

Poinciana Closed Road is a gated community situated in South Coconut Grove off of Poinciana Avenue. This private community offers 5 Mediterranean-style single-family homes with spacious lots offering beautiful green spaces that the Grove is celebrated for.

Ye Little Wood | Wood Avenue, Little Avenue

Ye Little Wood is a charming gated community in South Coconut Grove offering only 33 homes and a lush private park for its residents. The homes in this community range from lovely quintessential Grove cottages to modern luxury estate homes.

Townhome & Villa Gated Coconut Grove Communities

L’Hermitage | South Bayshore Drive

L’Hermitage is a gated, bayfront community of luxury townhomes in North Coconut Grove.  Situated off of scenic South Bayshore Drive and nestled into the natural, beautiful setting along Biscayne Bay, L’Hermitage offers 75 tri-level, spacious villas, 10 of which are waterfront.  L’Hermitage features luxury amenities such as a swimming pool, tennis courts, luscious landscaping and privately-owned boat slips.

Cloisters on the Bay | Main Highway

Cloisters on the Bay is a gated, bayfront enclave of luxury townhomes situated in the heart of Center Coconut Grove. Cloisters on the Bay features 40, tri-level villas offering 3 to 5 bedrooms with open floor plans ranging from 4,500 to 7,900 square feet. Each villa features a private backyard and patio, private parking garage, rooftop terrace with stunning views, European-inspired kitchen and much more. Cloisters on the Bay is one of the most exclusive addresses in all of Coconut Grove and is just steps away from all of the boutique shops, eclectic variety of fine-dining and casual restaurants and historical landmarks that Coconut Grove has to offer.

Abitare | Via Abitare Way

Ideally situated in Center Coconut Grove, Abitare is a gated, waterfront community offering 21 charming townhomes ranging in size from 2,427 to 3,053 square feet offering 2-3 spacious bedrooms. This community offers a swimming pool and private boat docks with no-bridge access to Biscayne Bay.

Bayshore Villas | Bayshore Villas Drive

Bayshore Villas is a beautiful, gated waterfront community located in North Coconut Grove just off of South Bayshore Drive. This community offers 25, tri-level villas that are very large and offer the feel of a single-family home. These homes were built in the early 1990’s, but most of them offer completely remodeled interior spaces. Bayshore Villas offers residents a community pool and tennis courts.

Longview | South Bayshore Drive

Longview is a private, gated enclave of luxury villas situated in North Coconut Grove between South Bayshore Drive and Tigertail Avenue. Longview offers 10, 2-level townhomes ranging in size from approximately 2,500 to 3,800 square feet and a community 60′ swimming pool with a waterfall and tennis court.

Bay View Villas | South Bayshore Drive

Situated in North Coconut Grove just steps from Kennedy Park, Bay View Villas is a private, gated community offering 5, tri-level villas surrounded by lush park-like landscaping.


If you, or someone you know, are interested in learning more about the gated communities in Coconut Grove, please contact resident and Broker, Michael Light, Owner of the Miami Luxury Homes Group at Douglas Elliman Real Estate in Coconut Grove. You may reach Michael directly at (786) 566-1700 or michael@miamiluxuryhomes.com.

JUST LISTED | 3-Bedroom Center Coconut Grove Townhome Offered at $629k

 
Michael Light of The Miami Luxury Homes Group at Douglas Elliman is proud to announce his newest 3-bedroom, 2.5-bathroom townhome listing in the highly-sought-after Center Coconut Grove neighborhood of Miami, walking distance from CocoWalk, the Cinépolis movie theater and an eclectic variety of boutique shopping, delicious restaurants, parks and entertainment. Situated in a private, gated 7-residence enclave, tucked away in the lush canopy-tree-lined streets of Center Grove, this townhouse is an ideal place to call home.

3078 Bird Avenue

This beautiful townhome offers a spacious layout with 1,810 interior square feet featuring gorgeous, real Oak hardwood flooring on the main level and staircase. The main level of this townhome boasts an expansive living and dining room, powder room and updated kitchen with white shaker cabinetry, Quartz countertops, mosaic-tile backsplash and stainless-steel appliances. The 2nd level includes a master suite with walk-in closet, dual-sink vanity and shower/bathtub combination with marble flooring/wet walls, 2 additional bedrooms and a full bathroom with a bathtub/shower combination and marble flooring/wet walls.

This charming townhome also features a private, 600-square-foot entertaining patio with Travertine flooring, which is partially covered and features a BBQ area and a gorgeous, blooming Hibiscus tree. This home also offers a 1-car attached garage with a spacious storage closet, 1 additional assigned parking space, 2 secured guest parking spaces and ample street parking.


If you, or someone you know, are interested in viewing this charming townhouse in Coconut Grove located at 3078 Bird Avenue, please contact listing agent, Michael Light. You may reach Michael directly at (786) 566-1700 or michael@miamiluxuryhomes.com.

 

3078 Bird Avenue, Staircase View of Main Level

3078 Bird Avenue, Staircase View of Main Level

3078 Bird Avenue Living Room

3078 Bird Avenue Living Room

3078 Bird Avenue Dining Room

3078 Bird Avenue Dining Room

3078 Bird Avenue Kitchen

3078 Bird Avenue Kitchen

3078 Bird Avenue Private Patio

3078 Bird Avenue Private Patio

3078 Bird Avenue

3078 Bird Avenue

Coconut Grove – March 2018 Market Snapshot

 
The Coconut Grove March 2018 Market Snapshot gives you up-to-date market statistics for real estate in Coconut Grove including current properties listed for sale and closed sales in the last six (6) months.

If you are considering selling your home or purchasing real estate in Coconut Grove, it is important for you to be informed on the current state of the market with regards to price. So, I have compiled statistics from the Multiple Listing Service (MLS) regarding the inventory of single-family homes that are currently listed for sale in Coconut Grove.

Below, you will find charts highlighting the percentage of homes that are currently on the market in certain price points and the average price per square foot of these homes currently listed for sale.

After looking at what is currently on the market, most people ask, “what will these homes actually sell for?!” The best indicator of what a home may sell for in the current market is to look at the closed sales in the area over the last 6 months. This will give you a good indication of the “discount” that you may be able to expect if you plan to buy a home today. So, I have also included a graph showing all closed sales in Coconut Grove over the past 6 months, broken down by price per square foot.

Coconut Grove Single-Family Homes Currently For Sale (as of 3/26/18)

Coconut Grove Single-Family Homes Currently For Sale (as of 3/26/18)

Coconut Grove Single-Family Homes Currently For Sale - Average Price Per Square Foot (as of 3/26/18)

Coconut Grove Single-Family Homes Currently For Sale – Average Price Per Square Foot (as of 3/26/18)

Coconut Grove Single-Family Homes Closed Sales - Last 6 Months - Average Price Per Square Foot (as of 3/26/18)

Coconut Grove Single-Family Homes Closed Sales – Last 6 Months – Average Price Per Square Foot (as of 3/26/18)

If you are interested in purchasing a home in Coconut Grove, or simply would like more information about the Coconut Grove real estate market, please contact Michael Light, Senior Director of Luxury Sales at Douglas Elliman. You may reach Michael directly at his office at (305) 350-9842, on his cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.

To see all Coconut Grove market stats, please read: 2017 Coconut Grove Real Estate Statistics: A Look Back

Note: The MLS data for the information contained herein was retrieved from the MLS on March 26, 2018.

 

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