Just Sold – Grove Hill Tower #1901

January 24, 20201 Comment

grove hill 1901'

View from Grove Hill Tower #1901
2645 S Bayshore Dr.
2 beds plus den/2.5 baths | 1,910 sq ft | built in 1996 | sold for $1.215M

Happy New Year! I am thrilled for my happy homebuyers who closed out 2019 with the purchase of their beautiful new condo at Grove Hill Tower in Coconut Grove! Grove Hill is a boutique, full service building located on Bayshore Dr., just steps from downtown Coconut Grove’s galleries, boutiques, cafes and bayfront parks and marinas.

This particular unit feels like a single family home in the sky; located on a high floor with just under 2,000 square feet of living space and 9-foot ceilings, this corner unit boasts 2 bedrooms plus an enclosed den, 2 full baths, a powder room, and a beautiful kitchen with glassed-in breakfast room. Two spacious wrap-around terraces, marble flooring and two assigned parking spaces complete this residence.

Grove Hill recently completed a full building renovation. Its first class amenities include: stunning atrium lobby, 24 hour concierge, 2 lighted tennis courts, large children’s playground, walled gardens and dog walk, gazebo for grilling and private parties, and 75-foot lap pool.

Scroll through for more photos of the unit, below. If you are interested in buying or selling in Coconut Grove or the surrounding neighborhoods, contact me directly at 305.799.2124 or LRubens@bhsusa.com.

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Center Coconut Grove Homes Under $600k in High Demand

April 2, 2019April 2, 2019Leave a comment

There is no question that the Center Coconut Grove townhouse market is currently facing a major shortage of “affordable” townhouses. In fact, there is only a very small handful of 3+ bedroom townhouses presently listed on the MLS, and about half of them are asking over $1 million.

As the demand for Center Coconut Grove townhouses has increased over the last several years, we have naturally seen an increase in price. It is now incredibly rare to find a decent 3+ bedroom property listed for under $600k, and usually when one comes along, it goes fast.

Case in point: last week, an updated 3 bedroom/2 bathroom townhouse with almost 1,600 square feet was listed at 3038 Day Avenue for $565,000 ($354/sf). The property was built in 1970 but had been renovated extensively (including impact glass), and is located in a small gated community with a heated pool and two assigned parking spaces. When I contacted the agent only 3 days later, she informed me that the property was already under contract, having received multiple cash offers and dozens of inquiries within one day of the listing going up! Hopefully we will see more affordable listings coming to market in the coming months, as buyers are ready and willing to jump on these types of opportunities.

If you are a buyer interested in Coconut Grove, it is critical to work with an experienced Realtor who knows the neighborhood inside and out, understands the market, and is connected to the community. As a Coconut Grove resident specialist, it would be my pleasure to help you through this process. Similarly, if you own a home in Coconut Grove and you are interested in selling or learning about the current value of your home, please contact me at any time. I can be reached directly at 305.799.2124 or LRubens@bhsusa.com.

2018 Center Coconut Grove Sales Recap

February 2, 2019February 1, 2019Leave a comment

coconut-grove-accutour-real-estate-drone-photography-7.jpg Aerial 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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Notable New Construction Sales in Center Grove – November 2018

November 29, 2018Leave a comment

3220 Matilda St., Miami, FL 33133
3 beds/3.5 baths | 3,300 sq ft | built in 2018 | sold for $1,265,890 on 11/9/18

Just drive around Coconut Grove and you’ll see it everywhere – bulldozers, front loaders, dump trucks and trenchers. New construction, whether you like it or not, remains alive and well in the Grove and prices are stronger than ever.

There were 2 notable new construction sales in Center Grove in November. Pictured above is 3220 Matilda Street, which sold for $1,265,890 ($384/sf). The property has 3 bedrooms, 3.5 baths and 3,300 square feet of living space. The developer is Drive Development, which currently has a number of ongoing and completed projects throughout the neighborhood (including my two new construction sales back in July). The home features a contemporary design and beautiful wood features which are in line with Drive’s other projects, including a floating frame which Drive describes as “simultaneously providing shelter from Miami’s summer rains and serving as a versatile wood-screen shading device system that offers tranquil tree top views.” Below are some renderings of the gorgeous interior design and finishes of the home.

Another mentionable sale was 3190 Lamb Court (a small cul-de-sac tucked off of McDonald St.), which sold for $1,285,000 ($453/sf). The home has 4 beds, 4 baths and 2,833 square feet of living space. The property features a dramatic double-height entry with floating staircase, Italian 48″X24″ porcelain tile flooring, a sleek Euro-style kitchen with high-gloss custom cabinetry, quartz countertops and Thermador appliances, including a 36” gas dual fuel range. Other notable features include: LED lighting, Hikvision camera system and Sonos sound system. Finally, the property has a large roof-top terrace with artificial grass, and a backyard with private patio and pool. View the slideshow below for photos of the property.

For more information on these properties and/or other real estate opportunities in Coconut Grove and the surrounding neighborhoods, contact me directly at 305.799.2124 or LRubens@bhsusa.com.

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*images via Riley Smith Group

Just Sold: 2 New Construction Townhouses in Center Grove

July 30, 20182 Comments

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

Congratulations to my buyers who recently closed on their gorgeous new construction homes in Center Coconut Grove! The two townhouses, located on Jackson Ave. and Shipping Ave., were designed and built by the same developer, Drive Development. The projects were truly a labor of love as both buyers worked tirelessly with the developer from start to finish to customize nearly every detail of the homes.

These townhouses are unlike any other property currently existing in Center Coconut Grove, from the extra large floor plans to the custom millwork, supreme finishes and high quality construction. Scroll below to view all of the beautiful renderings and photos of these homes. For more information on these properties or other new construction opportunities in Coconut Grove, contact me directly at lrubens@bhsusa.com or 305.799.2124.