Category: Market Update

Just Sold: 3103 Oak Ave., Coconut Grove

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p1025148352-43103 Oak Ave., Miami, FL 33133
3 beds/2.5 baths | 2,200 sf | built in 2004 | Sold for $610,000

Congratulations to my sellers who just closed on the sale of their beautiful Center Coconut Grove townhouse today!  Built in 2004, this 2-story townhouse is located in the heart of Center Grove, just steps to Cocowalk! The property has 3 bedrooms, 2 full bathrooms and a half bath on the main level.  It features a gated entry, one car garage, marble floors throughout the living areas, bamboo wood floors in the bedrooms, a walk-in closet in the master bedroom and double sinks in the master bath.

The sellers made several modern updates to the property including resurfacing the kitchen cabinets, a new, counter-depth refrigerator, new kitchen faucet, modern light fixtures, and modern railings on the staircase. The backyard was recently landscaped and features a private patio with plenty of sun and room for a pool. The home is situated across from Kirk Munroe Park and tennis courts, and is just minutes from cafes, schools and more!

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Inventory for similar properties in Center Grove continues to remain tight!  Take a look at the active listings below.  And as always, contact me today for more information about buying or selling a home in Coconut Grove or the surrounding neighborhoods!

lindsayrubens@avatarflorida.com | 305.799.2124

Active 3 Bedroom Listings in Center Coconut Grove

Address LA #Beds #FB #HB List Price LP$/SqFt YR
3333 RICE ST # 403 1751 3 3 0 938,800 536.151 2006
3036 MCDONALD ST # 4 2350 3 2 1 915,000 389.362 2006
3395 SHIPPING AV # A 2628 3 4 0 880,380 335 2015
3395 SHIPPING AV # B 2628 3 4 0 867,240 330 2015
3274 DAY AV # 3274 2862 3 2 1 849,000 296.646 2015
3276 DAY AV # 3276 2862 3 2 1 849,000 296.646 2015
3270 Day Avenue # 3270 2529 3 3 839,000 331.752 2015
3272 Day Avenue # 3272 2529 3 3 819,000 323.843 2015
2955 Bird Ave # PH A 1576 3 3 0 788,000 500 2015
3130 DAY AV # 3130 2368 3 2 1 769,000 324.747 2002
3055 INDIANA ST # 13 2350 3 2 1 769,000 327.234 2006
3241 PERCIVAL AV # 0 2592 3 3 1 759,000 292.824 2014
3333 RICE ST # 401 1644 3 3 0 749,900 456.144 2006
3258 BIRD AV # 1 2280 3 3 0 720,000 315.789 2016
3258 Bird Ave # 5 2280 3 3 0 720,000 315.789 2016
3258 Bird Ave # 6 2280 3 3 0 720,000 315.789 2016
3258 Bird Ave # 10 2280 3 3 0 720,000 315.789 2016
3059 INDIANA ST # 15 2350 3 2 1 715,000 304.255 2006
3260 BIRD AV # 2 2280 3 3 0 699,900 306.974 2016
3258 Bird Ave # 3 2280 3 3 0 699,900 306.974 2016
3258 Bird Ave # 4 2280 3 3 0 699,900 306.974 2016
3258 Bird Ave # 7 2280 3 3 0 699,900 306.974 2016
3258 Bird Ave # 8 2280 3 3 0 699,900 306.974 2016
3258 Bird Ave # 9 2280 3 3 0 699,900 306.974 2016
3060 ORANGE ST # 3060 2580 3 3 0 688,860 267 1998
3125 JACKSON AV # 3125 2410 3 2 1 669,000 277.593 1997
3101 HIBISCUS ST # 3101 1604 3 2 1 650,000 405.237 2011
2769 Coconut Ave # 2769 2476 3 3 1 650,000 262.52 2005
3269 ALLAMANDA ST # 0 2060 3 2 1 649,999 315.533 1994
3271 MATILDA ST # 3271 2130 3 2 1 625,000 293.427 2007
3273 MATILDA ST # 3273 2130 3 2 1 625,000 293.427 2007
3090 Shipping Ave # 3090 1685 3 2 1 599,900 356.024 2005
3186 NEW YORK ST # 0 2460 3 2 1 599,000 243.496 2008
3123 MARY ST # 9 1470 3 2 1 595,000 404.762 1993
2903 JACKSON AV # 12 1670 3 2 1 589,000 352.695 1997
3259 GIFFORD LN # 3259 1966 3 2 1 559,000 284.334 1996
3045 HIBISCUS ST # 3045 1922 3 2 1 549,000 285.64 2008
3045 HIBISCUS ST # 3047 1922 3 2 1 549,000 285.64 2008
2761 W TRADE AV # 2761 1510 3 2 1 539,000 356.954 1999
3103 HIBISCUS ST # 3103 1604 3 2 1 490,000 305.486 2011
3273 PERCIVAL AV # 2 2612 4 3 0 488,500 187.021 2007

Center Coconut Grove Townhouse Sells for $1,072,000

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A2093616_101_123122 Virginia Street, Miami, FL 33133
4 bedrooms/3 bathrooms | 3,107sf | Built in 2001 | Sold for $1,072,000

A freestanding “mini mansion” in Center Grove closed on August 24, 2015 for $1,072,000 ($345/sf).  The property was originally listed at the end of March 2015 for $1,350,000, and had price reductions in April and May, to $1,190,000 and $1,149,000 respectively.   The listing agent was Berk Boge of Miami Real Estate Company.

According to the MLS listing, the property  was built in 2001 by “Center Grove’s most experienced developer for his own family.”  The home is larger than most in the neighborhood, complete with 4 bedrooms, 3 full baths and 3,100+ square feet of living space.  It is also a unique property in that it is freestanding (i.e. shares no walls or roof with a neighboring home, which is the norm in the neighborhood).

The listing further provides that the home features marble and wood floors throughout,  20+ feet ceilings in the foyer and formal living room, formal dining, open kitchen with snack counter and large family room.  The property also has a covered, private backyard patio with an oversized pool and summer kitchen, and a two car garage that has been converted into a fifth bedroom.

While this was the priciest townhouse sale in Center Grove over the last 12 months based on sales price (as per the MLS data), its sales price per square foot ($345) is just slightly above the average range for the neighborhood.  Situated on Virginia St. just off of Shipping Ave., the property has an ideal location just walking distance to Blanche Park dog and kiddie park and Coco Walk.

Check out more photos of the property below, or click here for a virtual tour.  For more information on this sale or other properties in the Grove and surrounding neighborhoods, contact me directly at lindsayrubens@avatarflorida.com or 305.799.2124.

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*Photos courtesy of Miami Real Estate Company

New Construction Sells in West Coconut Grove for $700,000+

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A2074641_201_123035 Elizabeth St. #3037, Coconut Grove, FL 33133
3 beds/3 baths | 2,300 sf | built in 2015 | sold for $729,000 ($317/sf) on 5/29/15

If you’ve been following this blog for some time, you may recall my West Coconut Grove Market Update from about six months back.  At that time, new construction sales had yet to break $700k (as per MLS data), unlike their counterparts in Center Grove which were selling at prices well above that number.  Now, we’re seeing sales in the West Grove reaching $707,000 and $729,000, and a handful of properties with asking prices above $700k are currently pending.  These sales are also notable because they reached $307/sf and $317/sf, whereas the average sales price per square foot in the neighborhood is generally in the $100-$200 range.

If the above photo looks familiar, that’s because you’ve seen me post about other notable sales from this particular developer over the past year.  It should come as no surprise then that both of these $700,000+ sales were from the very same developer.  This new construction model has cropped up all over the Grove, from Orange Street to McDonald to Day Avenue and now Elizabeth Street.  A property on Elizabeth just closed for $729,000 ($317/sf), and a property on Day closed for $707,000 ($307/sf), thus raising the bar (and property values) in the West Grove.  The listing agent for both sales was Silvia Boschetti with BH Realty, LLC.     I have toured these properties multiple times and can attest to their high end designer finishes and open floor plan, ultra-modern fixtures, floor-to-ceiling impact glass, fenced-in backyard with pool, and 950 square foot private rooftop terrace (see photos below).

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A2074641_N01_75 A2074641_I01_22Curious about other real estate opportunities in Coconut Grove? Contact me directly at 305.799.2124 or lindsayrubens@avatarflorida.com.

Just Reduced | 1060 Brickell #2505 – $2,250

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1060 Brickell Ave. #2505
1 bedroom/1.5 baths | 963 sf of living space | Offered for rent at $2,250/month

You may recall that I listed this gorgeous unit in 1060 Brickell for rent earlier this month.  The owners have decided to reduce the asking price from $2,350 to $2,250, as they are motivated and prepared to rent it quickly.  This is a very competitive price for a unit in the “05” line, as others have been renting for $2,300-$2,350.  With 963 square feet, this is the largest 1 bedroom unit with a water view that is currently available in the building.  The unit is vacant and ready for immediate occupancy – contact me before it’s gone!

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For more information or to schedule a private showing, contact me today at 305-799-2124 or lindsayrubens@avatarflorida.com.

You can see all of the photos and details from my original post on this property here.