Market Update: Center Coconut Grove Townhouses

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3 bedroom townhouses in Center Coconut Grove continue to be in high demand.  Below is a mailer I sent around the neighborhood last month, which shows all of the sales data for the properties that had closed from February-May 2016. The average sales price was $650,490 or $296/sf.  Since then, there have been 4 other sales as follows:

  • 3276 Day Ave – 2,862 sf – 3 beds/2.5 baths – sold for $855,000 ($299/sf) on 5/24/16
  • 3121 McDonald St – 2,079 sf – 3 beds/2.5 baths – sold for $680,000 ($327/sf) on 5/20/16
  • 3180 New York St – 2,460 sf – 3 beds/2.5 baths – sold for $575,000 ($234/sf) on 5/20/16
  • 3123 Gifford Ln – 2,695 sf – 3 beds/2.5 baths – sold for $780,000 ($289/sf) on 5/16/16

Take a look at the rest of the data below, and contact me directly at 305.799.2124 or lindsayrubens@avatarflorida.com for more info or to be added to my mailing list!

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Lindsay Rubens Recognized in Avatar’s President’s Circle for 2015 Sales

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I am excited to share that I have been recognized within Avatar’s prestigious President’s Circle for my sales performance in 2015, with more than $3 million in sales.  Thank you to my wonderful clients for choosing me for your real estate needs – it has been a pleasure to work with each of you and get to do what I love every single day!

2015 was truly a spectacular year, as my husband and I also welcomed our baby girl to the world in October!   Sloane Noa Rubens arrived on 10/29/15 at 6:33pm, and she has already assisted Mommy with three showings in her 5.5 months of life.  She looks forward to meeting all of you soon!

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Just Sold: 3103 Oak Ave., Coconut Grove

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

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.