Pair of New Construction Townhouses Under Contract in Prime Center Grove Location

58464f70274d7dd29f9c9ef87145fa9d61a293ab6261 3127-3129 Matilda St, Miami, FL 33133
3 beds/2.5 baths | Offered at $795,900

I’ve been watching this pretty pair of townhouses go up just around the corner from my street in Center Grove, and they look like they’re nearly done. I spoke to the developer’s agent today who confirmed that both units are under contract.  The developer, Jemko Development Corp., is no stranger to Center Grove, having completed four gorgeous townhouses at 3046-3052 Day Ave. in 2015, as well as a portfolio of other projects in the Grove.

These particular townhouses have 3 bedrooms, 2.5 bathrooms, and a little over 2,000 square feet of living space.  The asking price for each unit is $795,900, which would come out to under $400/sf (assuming the units are 2,000 sf or larger).  Each unit has a carport, a backyard patio with a pool, and a rooftop terrace.

Scroll down to view the floor plans, and check back in a few weeks for an update on the sales prices once these units close.

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

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

“Coconut Grove New Construction” Expands North of US-1

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2886 SW 32nd Ct., Miami, FL 33133
3 bedrooms/2.5 bathrooms | 2,200 sf | built in 2015 | sold for $536,000

There’s no question that new construction is in high demand in Miami.  Who can resist that sleek, ultra-modern look, with its clean lines and high-end finishes?  I’ve blogged a lot about the new construction townhouses in Coconut Grove, which continue to change the landscape of the neighborhood and set new records with their ever-increasing price points.   Now, many of those developers are heading north of US-1 just outside of Coconut Grove, where the neighborhood is “transitioning” and land is cheaper.  These properties are nearly identical to those in Center and West Coconut Grove, yet priced $200,000-$300,000 less!

The property shown above is located at 2886 SW 32nd Ct., just a few blocks north of Coconut Grove and minutes from Coral Gables.  It sold on June 29, 2015 for $536,000 or $244/sf.  The listing agent was Graciela Arango-Diaz of Florida Realty of Miami Corp.  Check out more photos of the property below:

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There are a handful of similar properties currently on the market, which range in price from $559k – $699k.  Additionally, as The Real Deal recently reported, a 21 unit townhouse project dubbed “Grove Place” at 2701 Southwest 28th Ave. began selling to friends and family this month.  According to TRD, the units will have 3,700 square feet, including a rooftop patio, with an interior size of 2,350 square feet.   TRD reports that groundbreaking could take place by the end of 2015 with completion in mid-2017.

Check out some snapshots of the current inventory in the neighborhood, including a rendering of Grove Place, below:

If you’re a visual person like me, you will appreciate the map I prepared below.  It lays out where each of these properties is located and gives you some perspective as to the properties’ location to Center Grove and Coral Gables :

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If you’d like more information on these and other properties in Coconut Grove and the surrounding neighborhoods, 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.

Reduced! – 3103 Oak Ave., Coconut Grove

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3103 Oak Ave., Coconut Grove, FL 33133 | 3 bedrooms/2.5 bathrooms | 2,200 sf | Built in 2004 | Room for a pool | Asking $639,000

You may recall that I recently listed this townhouse in Center Coconut Grove for sale.  Well, the seller is serious about selling it – quickly – and just reduced the price to $639,000 (the original asking price was $669,000).  It’s a beautiful home with 3 bedrooms, 2.5 bathrooms, 2,200 square feet of living space, and a fenced backyard with room for a pool (see renderings below).  The home features marble floors throughout the living areas and bamboo wood in the bedrooms, a luxurious master suite with a built-out, walk-in closet and double sinks in the bathroom, and 1 car garage.  The driveway is made of beautiful Chicago brick pavers and the house is gated for extra privacy and security.

The owners made a handful of modern updates to the property, including resurfacing the kitchen cabinets, adding a counter-depth refrigerator and new kitchen faucet, opening up the enclosed staircase and adding a modern railing, installing a “Nest” thermostat (which is motion-sensor, learns your habits and can be controlled from your smartphone!) and installing beautiful, modern light fixtures.  The location on Oak Avenue can’t be beat – you’re directly across the street from the tennis courts at Kirk Munroe Park and Coconut Grove Elementary School, and walking distance to everything Center Grove has to offer! – schools, cafes, shops, farmer’s markets, and more!

The owners will be holding an Open House all weekend from 12:00pm – 3:00pm on Saturday and Sunday – stop by with your friends and family to check out the house in person!  You can always contact me directly at 305-799-2124 or lindsayrubens@avatarflorida.com for more information or to schedule a private showing.

To see all the photos, see my original “Just Listed” post, here.  You can also view the Multiple Listing Service (MLS) report, here.

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Gary