2018 Center Coconut Grove Sales Recap

coconut-grove-accutour-real-estate-drone-photography-7.jpgAerial view of Coconut Grove

It’s hard to believe that we are already well into 2019! The market for 3+ bedroom townhouses in Center Grove fared well in 2018, with an average sales price of $750,796.08 ($344/sq ft), and an average of 66 days on the market (note that these statistics are via MLS data and do not include off-market sales, including two of my new construction sales noted below).

Here’s a quick recap of some of my notable Center Grove sales in 2018:

– 2975 Jackson Ave., Miami, FL 33133
4 beds | 3.5 baths | 2,940 sf | built in 2018 | sold for $1,150,000

– 3150 Shipping Avenue, Miami, FL 33133
4 Bedrooms | 4.5 Baths | 4,030 SF | built in 2018 | sold for $1,700,000

– 3373 Day Ave, Miami, FL 33133
3 beds/3 baths | 2,014 sq ft | built in 2014 | asking price $799,000 | sold for $800,000

– 3035 Orange St, Miami, FL 33133
4 beds/3.5 baths | 2,881 sq ft | built in 2007 | sold for $950,000

– 3135 Gifford Ln Unit A, Miami, FL 33133
3 beds/2.5 baths | 1,430* sq ft | built in 1994 | sold for $550,000

If you’d like a more detailed analysis highlighting the sales and inventory levels of the major markets throughout Miami in Q4 2018, take a look at the Brown Harris Stevens Market Report, here.

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Just Rented for Asking Price: 3167 Gifford Lane, Coconut Grove

038-4311322-medium4x33167 Gifford Lane, Miami, FL 33133
3 beds/4 baths | 2,491 sq ft | Built in 2015 | Rented for $6,200/month

Earlier this summer, I posted about this newer construction (2015) ultramodern townhouse that I had listed for rent in Center Coconut Grove.     You may recall that it is a nearly brand new, larger townhouse with 3 bedrooms, 4 full bathrooms and almost 2,500 square feet of living space.  It has all of the incredible bells and whistles that come with high-end new construction (impact glass throughout, sleek modern kitchen with white quartz countertops and stainless steel appliances, recessed LED lighting, indoor/outdoor sound system, advanced security system with outdoor cameras, porcelain tile “wood look” floors throughout), as well as a large rooftop patio with wet bar, two A/C zones, and a spacious backyard with a heated saltwater pool.  We had a ton of interest right from the get-go, and within just a couple weeks we received a full priced offer for $6,200 per month!

This transaction is a perfect example of how an experienced agent who specializes in a particular neighborhood can make all the difference (and can usually help a seller or landlord make more money!).  When my client initially asked me how much he could get to rent out his home, I knew I would not find any comparable properties on the MLS that had recently rented.  Since I live and work in the Grove and know the market so intricately, I was well aware that my client’s property was super unique and incomparable to the mostly older townhouses that had been renting in the neighborhood for around $4,500/month give or take.  My client was elated when I told him that I truly believed his property was worth $6,000 – $6,500 per month, as it was more comparable to a new or completely renovated single family home in the North or South Grove.  After careful consideration he decided to list it for $6,200/month, and we were thrilled to receive a full price offer just a couple weeks later.  Imagine if my client had listed the property with another agent who works outside of the Grove – s/he would most likely have relied on the MLS comparables and suggested a list price of $1,000 – $2,000 less per month!

Take a look at all of the photos of this property, below.  If you are interested in selling or renting a similar home in Coconut Grove or the surrounding neighborhoods, contact me today for a customized property analysis. I can be reached any time at 305-799-2124 or LRubens@bhsusa.com.

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Just Listed: Stunning Newer Construction Rental in Center Coconut Grove

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3167 Gifford Lane, Miami, FL 33133
3 beds/4 baths | 2,491 sq ft | Built in 2015 | Offered at $6,200/month

I just listed this fabulous “newer construction” (2015) ultramodern townhouse in Center Coconut Grove for rent. If it looks familiar, that’s because you may recall this post when I sold it to the owner last fall.  The owner is going to be traveling for the next year or so, and it’s now available to one lucky renter while he’s away!

This is a rare opportunity to rent a nearly brand new, larger townhouse with 3 bedrooms, 4 full bathrooms and almost 2,500 square feet of living space.  Similar to other new construction homes in the neighborhood, this townhouse comes with all of the incredible bells and whistles (think impact glass throughout, sleek kitchen with white quartz countertops and stainless steel appliances, recessed LED lighting, indoor/outdoor sound system, advanced security system with outdoor cameras, and porcelain tile “wood look” floors throughout).

This particular property is unique in that it has two A/C zones (one upstairs and one downstairs) as well as a gas range, gas water heater and gas dryer. Other notable features include 20-foot ceilings in the living room and dining room, a large rooftop patio with a wet bar, a spacious backyard with heated saltwater pool, 1 car garage with porcelain floors, a spacious built-out closet in the master suite and an enormous rainhead glass shower and soaking tub in the master bath.

And of course, one of the best parts about this property is its fabulous location in the heart of Center Grove.  This home is located on Gifford Lane, a quiet, tree-lined street just minutes from Cocowalk and Downtown Coconut Grove.

Check out some of the gorgeous photos below, click here to view the full slideshow, and contact me today to schedule a private showing of this property! If you’re interested in this property or similar properties in the Grove and surrounding neighborhoods, I can be reached anytime at 305.799.2124 or Lrubens@bhsusa.com.

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Sneak Peek: New Listing in Center Coconut Grove

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Cocogrove Villas
3 beds/2.5 baths | 1,818 sf | Asking $3,550/month

Here’s a sneak peek of my new rental listing in the heart of Center Coconut Grove!  This townhouse is located in a beautiful gated community of 7 units, just off of Bird Ave. and Matilda St.  The townhouse has 3 bedrooms, 2.5 bathrooms and 1,818 square feet.

This townhouse is an end unit and features a lush patio area as well as a 1-car garage and an additional assigned parking space.  Additionally, the unit comes tastefully furnished – just bring your clothes and toothbrush!  The asking price is $3,550 per month and the property will be available for a year lease beginning March 2015.

More photos to come – stay tuned!  In the meantime, contact me directly at 305-799-2124 or lindsayrubens@avatarflorida.com for more info or for a private showing.