Market Update – New Construction Townhouses in Center Coconut Grove

I have previously discussed the high demand for townhouses in Center Coconut Grove.  As demand continues to remain strong, we’re seeing a handful of new construction properties going up in the neighborhood with price tags upwards of $700k.  These new townhouses are sleek and modern, complete with impact glass windows, private pools, high ceilings and beautiful kitchens with high end appliances.  Some of these properties are even selling before the developer has a chance to market them (check out 3035 Matilda, below).  Take a look at some of these new properties:

 

A1967785_101_123375/3377 Day Ave.

Asking Price: $675,000
Bedrooms: 3
Bathrooms: 3
Half baths: 0
Size: 2,300sf
Pool?: Yes
Features: High-grade designer finishes and open floor plan, ultra-modern fixtures, floor-to-ceiling impact glass, private rooftop terrace with beautiful views of lush, tropical neighborhood, 950 SF rooftop terrace, 1 car garage.

 

A1820654_101_123405 Day Ave.

Asking Price: $699,900
Bedrooms: 3
Bathrooms: 2
Half baths: 1
Size: 3,800
Pool?: Yes
Features: Dual sinks, spa tub & shower, bidet, high volume ceilings throughout, gourmet contemporary design island kitchen, pool with covered patio & deck, lush landscaping, 1 car garage with additional parking.

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 3035 Matilda

As per the listing agent, these properties have already sold!  The agent tells me that the asking price was $760,000 and that the units have 3 bedrooms, 2.5 baths and 2,500 square feet.  The developer is planning to build a few other similar properties on Gifford Lane and Shipping Ave.

 

3050 Day Ave. (Under Contract as per the Multiple Listing Service)

Asking Price: $775,000
Bedrooms: 3
Bathrooms: 3
Half baths: 1
Size: 2,684sf
Pool?: Yes
Features: 10 ft high ceilings on the first floor and 9 ft high ceilings on the second floor, high efficiency central air, pre-wired for high speed communications and surround system, energy-efficient high performance appliances, contemporary European designed cabinetry and premium finishes, quartz counter tops, imported designer porcelain tile floors, alarm system, 1 car garage

 

A1967785_101_123069/3071 Orange St.

Asking Price: $700,000’s
Bedrooms: 3
Bathrooms: 3
Half baths: 0
Size: 2,300sf
Pool?: Yes
Features: High-grade designer finishes and open floor plan, ultra-modern fixtures, floor-to-ceiling impact glass, private rooftop terrace with beautiful views of lush, tropical neighborhood, 950 SF rooftop terrace, 1 car garage.

 

A1940194_101_122930 Catalina St.

Asking Price: $769,000
Bedrooms: 3
Bathrooms: 2
Half baths: 1
Size: 2,425sf
Pool?: No
Features: 1 car garage, 9 foot ceilings throughout, open concept kitchen and family room, wood cabinets, granite countertops, stainless steel appliances, huge master suite with dual sinks, separate shower/bath and walk-in closet, fully fenced with automatic front gate.

A1940790_201_12

3241/3243 Percival

Asking Price: $689,000
Bedrooms: 3
Bathrooms: 3
Half baths: 1
Size: 2,592 sf
Pool?: No
Features: Custom kitchen cabinets, granite countertops, 10 & 9 foot ceilings, 1 high EE air conditioning & heating unit, EE tankless water heater, pool with deck and large covered patio, 1 car garage with additional gated parking gated. Completion 1/20/15.

The following properties have recently sold:

A1820654_101_123407/3409 Day Ave.

3407 Day Ave.:
Asking price: $699,000
Sale Price: $679,000 on 6/23/14

3409 Day Ave.:
Asking price: $699,000
Sale Price: $679,000 on 6/23/14

 

A1890477_101_122993 Ruth St., #2993 and #2995

2993 Ruth Street #2993:
Asking price: $699,000
Sale price: $655,000 on 4/29/14

2993 Ruth Street #2995:
Asking price: $699,000
Sale price: $650,000 on 3/5/14

Interested in buying or selling these or other similar properties?  Contact me today at 305-799-2124 or lindsayrubens@avatarflorida.com.

Unique Townhouses at EPIC Residences in Downtown Miami

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200 Biscayne Blvd. Way #507 | 2 bedrooms/2.5 bathrooms | 1,574 sf | asking $5,900/month
Listed by Miriam Poggio with One Sotheby’s International Realty

If you love city living but prefer a dwelling that feels like more of a “home” than a condo, you might want to consider the townhouses at the EPIC Residences in Downtown Miami.  These units have large floor plans consisting of 1-3 bedrooms, two levels, soaring ceilings, and multiple balconies.  Best yet, you have all the perks that come with living in a 5-star hotel, including 24 hour room service, separate pools for residents and hotel guests, a concierge, housekeeping, a state-of-the-art fitness center and spa, and the award-winning restaurant, Zuma, just to name a few.

The building was completed in 2008 and is located just over the bridge connecting Brickell and Downtown Miami, at 200 Biscayne Boulevard Way.  It’s situated right on the water, and you can often find a few very impressive yachts docked directly out front.  The building is pet-friendly for both owners and renters, and standard unit features include:

  • “EPIC-Link,” a system allowing interactive communication to the hotel amenities and services, via an in-residence touch panel or PC from anywhere in the world
  • State-of-the-art media panel, pre-wired for telephone system, HDTV, cable television, and internet
  • Glasswall impact resistant floor to ceiling windows and sliding glass doors
  • Dark oak wood Snaidero kitchen cabinets with stainless steel inserts
  • Recessed lighting
  • Bosch front loading washer and dryer
  • Sub-Zero refrigerator/freezer and ice maker
  • Stainless steel Miele kitchen appliances

Of course, such luxury comes with a price…these townhouses are currently renting for close to $6,000 per month and selling for $1,000,000 and up.  As an example, the unit I’ve featured in this post’s photos is #507, a 2 bedroom/2.5 bathroom townhouse rental listed with Miriam Poggio of One Sotheby’s International Realty for $5,900 per month.  The unit has 1,574 square feet, includes 1 garage parking space, and comes furnished, as pictured.  I recently had a chance to see this unit in person and it is gorgeous!  Due to its location on the fifth floor and its view of the water, you almost feel like you’re on a cruise ship.  It is truly the epitome of urban tranquility, a “home” in the middle of a bustling city.

There are only a couple of these units currently available to rent or buy, and they tend to go fast – contact me today for more information or to set up a private showing.

Check out some more photos of #507 below, as well as the full slideshow at the bottom of the post.

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Living/dining room at Epic #507

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Master bathroom at Epic #507 featuring double sinks and an oversized jacuzzi tub with rain showerhead.

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View from Epic #507 looking out onto the bay, Icon Brickell and Brickell Key.

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Rarely Available Townhouses Listed at Sunset Harbour on Miami Beach

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You may recall my post last month about the frenzy over Sunset Harbour.  If you think the condos are in high demand, think again – The Townhouses at Sunset Harbour are nearly impossible to buy, because they rarely go on the market.  In fact, the last sale was nearly one year ago!  Yet in the last seven days, there have been 3 townhouses listed.

It’s easy to see why these properties are such prized possessions: with such large floor plans (in excess of 2,500 square feet!), these townhouses feel more like single family homes than condos.  The gated community is situated right on the bay, and is walking distance to Lincoln Road and the shops and cafes at Sunset Harbour.  Complete with a marina and an Olympic-sized pool, the Townhouses at Sunset Harbour feels like country club-living in the middle of South Beach.

Here’s the scoop on the listings:

1413 Sunset Harbour Dr. #213:
– Offered at $1,249,000
– 4 beds | 3 full baths
– 2,640 square feet
– Listed on 10/20/13 by Felipe Restrepo of The Keyes Company, Inc.

1415 Sunset Harbour Dr. #206:
– Offered at $1,250,000
– 4 beds | 3 full baths
– 2,640 square feet
– Listed on 10/16/13 by Jay and Claudia Levy of Coldwell Banker Residential Real Estate

1413 Sunset Harbour Dr. #411:
– Offered at $1,350,000
– 3 beds | 3 full baths
– 2,790 square feet
– Listed on 10/17/13 by Daniel Sepe of Keller Williams Miami Beach

1413 Sunset Harbour Dr. #408:
– Offered at $1,399,999
– 4 beds | 3 full baths
– 2,790 square feet
– Listed on 12/2/12 by Marianna Glasser of Park Miami Realty Inc.

The Townhouses at Sunset Harbour were built in 1997, but all of these listings appear to have been beautifully updated.  Check out the photos of unit 206 below, listed by Jay and Claudia Levy of Coldwell Banker Residential Real Estate – absolutely gorgeous! Contact me today to get your hands on one of these rare gems!

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Under $500k: Nantucket-Style Townhome in Coconut Grove

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3281 Gifford Lane, Coconut Grove, FL 33133
$499,000 | 2 bedrooms/2.5 bathrooms | 1,390 sf | Listed by Pura Valdes of La Ley Realty Corp.

Coconut Grove is without a doubt one of the most sought-after locations for Miami home buyers, and it’s easy to see why.  The neighborhood is rich with history, having been formed in 1925.  Situated east of US-1 and bordered by Biscayne Bay, “the Grove,” as referred to by locals, is home to numerous parks, festivals, sailing and yachting clubs, restaurants, cafes and open-air shopping centers (notably, CocoWalk).  Additionally, the Grove boasts some of the most distinguished private schools in Miami, as well as museums and cultural attractions.

The Grove can be broken up into smaller neighborhoods, referred to as “North Grove,” “South Grove,” and “Center Grove.”  Center Grove is a unique residential area that consists of small complexes of townhomes, garden apartments/condos, duplexes and a handful of single family homes.  Young families love it for its semi-suburban feel, walkability, and proximity to Blanche Park (a dog and kiddie park), as well as CocoWalk and the Kirk Monroe Tennis Center.  Young professionals love it for the same reasons, as well as its proximity to Brickell, Downtown Miami and the beaches.  Unfortunately, the demand in the neighborhood has spiked prices over the last year or so, making it very difficult for first-time home buyers to get in on the action.

Coconut Grove

Yet patient house-hunters will be rewarded with a well-priced gem ever so often.  Recently, I have noticed more of those gems popping up; they are not necessarily new listings but rather overpriced properties that have sat on the market for quite some time and are now seeing reduced price tags.

One such property is our feature for this week’s Under $500k: a lovely Nantucket-style townhome located at 3281 Gifford Lane, listed for $499,000.  Originally listed for $599,000 in June 2013, it was reduced to $550,000 in August and to $499,000 just a few days ago.

The property sits on Gifford Lane, a beautiful, tree-lined street just walking distance to the shops at CocoWalk, Coconut Grove Elementary School, and the public tennis courts at Kirk Monroe.  It is one of a handful of townhomes that make up “Nantucket Cove,” complete with cozy, covered porches, Nantucket-style windows with shutters and paved brick driveways.

Built in 1996, the townhome has 2 bedrooms, 2 full bathrooms, a powder room, and nearly 1,400 square feet.  But before I say another word, let’s take a look at the GORGEOUS, updated kitchen, shall we?

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The listing states that the kitchen has custom-made cabinets, stainless steel appliances and a gourmet gas stove…yes, a GAS stove…heaven!

Other features of the property include two master bedrooms, travertine marble floors on the first level, a beautiful staircase in oak wood, a fireplace in the family room and gated parking to fit two cars.  There is also a small backyard and a storage shed.

Check out all of the photos below and let me know…what do you think of this little slice of Nantucket heaven in the Grove?

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