Archive for the 'Gables Estates' Category

Fairchild Artists & Mother’s Day Brunch or Tea

IconWebView original local artists paintings from “Fairchild Artists in Bloom Exhibition 2012″ , going on Thursday through Saturday, at the Exhibition and Sale in the Garden House http://www.fairchildgarden.org/events/.  Fairchild art instructors and students will transform the Garden House into a gallery showcasing more than 150 original oil and acrylic paintings, watercolors and botanical illustrations.

Mother’s Day Lunch, Sunday, May 13th from 10:30-2:30 or Afternoon Tea, Sunday at 3:00PM and tour the gardens afterwards.

mothers-day-brunch-2012

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Coral Gables Price Revisions of the week

Here is this week’s price reduction activity: 12 price revisions and the list includes two short sales and two Coral Gables waterfront homes, priced from $385,000 up to $5.890 million!

Average price reduction – $47,611,  or 5.3%, Average asking price - $1.295 million, Average price per sq.ft. – $358.85

Call me when you want to see one of these great values:

Know the market, call Sheryl DiCarlo, 305.332.3256, before you make your next real estate move

A1597510_101_12A1613054_101_12R3268081_101_1220 Phoenetia Av   $385,000 short sale

1139 Venetia Ave $459,000 short sale

227 Sarto Ave        $523,000

 

A1605930_101_12A1556501_101_12A1527956_101_126833 Veronese St      $679,000

3618 Palmarito St     $799,000

5557 San Vicente St $850,000

 

M1512963_101_12A1599119_101_12A1621962_301_742112 Country Club Prado  $895,000

837 Andalusia Av                  $939,000

4820 Biltmore Dr               $1,325,000

 

A1540736_101_12A1615219_101_121413 Certosa Av  $1.695mil

9175 Arvida Dr $5.890mil

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Miami Heat Pat Riley’s Home Sells in Gables Estates

mapJust sold- Pat Riley’s Gables Estates home on an 80,150 bay point lot with over 750 linear square feed on the waterfront!   The 12,856 adjusted square foot home is surrounded by private gardens, private dock and sandy beach area.  It was listed for $23,000,000 and sold for $16,750,000 or 74% of it’s listed price, at $1,789.05 per square foot.  As a comparison, the past 6 sales, inclusive of Riley’s, had an average selling price per sq.ft. of $983.37, and an average sales price of $9,029,000.  But don’t despair– another 2010 built, bay point house is available at $27,000,000 in Gables Estates with 15,960 adjusted square feet, and over 600 linear water frontage –just call me to see it. 

Know the market, call Sheryl DiCarlo, 305.332.3256 before your next real estate move.

 

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Coral Gables: This Week’s Closed Sales

Take a look at this week’s closed Coral Gables sales!  There were 14 in all, including two closed sales in Gables Estates.  One of which was Pat Riley’s home, coach of the Miami Heat.  It had the largest price-to-sale difference; listed for $23 million and selling at $16,700,000.  The average List Price to Sold Price was a stellar 91%, and of the 14 sales, half of them sold above $1,000,000.  Only two of the sales were distressed, one short-sale and one foreclosed. 

Look for my next blog about the recent price reductions, as these are the most likely to sell next!

Know the market, call Sheryl DiCarlo, 305.332.3256, before you make your next real estate move. 

221 Viscaya                                           3/2              425,000        $  380,000

314 Velarde Av                                    3/2              449,800             420,000

5724 Michelangelo St                       3/2              590,000             510,000

424 Miller Rd                                        5/3              699,000            675,000

818 Obispo Av                                      4/3              869,000            800,000

3400 Alhambra Cr                             4/3               895,000            875,000

1321 Coral Wy                                      5/4           1,190,000        1,090,000

7528 Los Pinos Bl                               4/5.5        1,419,000        1,350,000

500 Hardee Rd                                     5/4            1,750,000       1,600,000

166 Isla Dorada Bl                               5/5.5        2,400.000       2,300,000

8021 Old Cutler Rd                             3/2.5         3,316,600        2,850,000

585 Arvida Pw                                      4/4.2         5,999,000        5,860,000

180 Arvida Pw                                      5/8           23,000,00      16,750,000

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Gables Estates Linear Waterfrontage

M1445070_F01_73Gables Estates, a premier community of acre plus waterfront homes currently has 15 homes actively on the market with an average of 358 linear water front square feet.  The two largest parcels have an incredible 1,295 and 1,270, respectively, linear water front square feet and each with list prices of over $10,000,000.  Need to dock a large boat?  Require a large turning basin for maneuverability?  The call to see homes in the Gables Estates Community.  Oh, and there is one non-waterfront estate available, for the non-boaters.

Know the market, call Sheryl DiCarlo 305.332.3256 before making your next real estate move.

 

M1416432_101_22M1279617_101_12M1145444_101_49M1090894_201_22

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Gables Estates Price Reduction

9175 Arvida Parkway, Gables Estates, Coral Gables

One of the original homes built in the Gables Estates community, developed by aluminum magnate, Arthur Vining Davis, went on the market for $7,500,000 but has now been reduced by$625,000 to $6,875,000 with approximately 154 linear waterfront square footage.  Built in 1967 and maintained through the years, its sweeping lawn has protected water frontage and easy, almost direct,  access to the bay.  Currently listed by Eric Drucker, Eric Drucker LREB, 305.491.3044.

Know the market, call Sheryl DiCarlo 305.332.3256, before making your next real estate move. 

A1615219_601_49A1615219_301_14A1615219_101_12

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New Gables Estates Listing

One of the  original homes built in Gables Estates on an acre+ with an easy, almost direct , path to the bay!  Deep waterway,  yacht dockage, two story Mediterranean style home built in 1967 and maintained/upgraded over the years.  Sweeping lawn and great water frontage,  approximately 180 feet.  Membership in Gables Estates Club a prerequisite.  It is listed by commercial broker, Eric Drucker, LREB, (305)491-3044. 

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Know the market place, call Sheryl DiCarlo 305.332.3256 before your next real estate move.

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600 Minorca Ave

600 Minorca 00699% Renovated 2 story Old Spanish in Coral Gables for sale.  Extraordinary floor plan with large open rooms seeped in natural light with over 2660 SF.  Impact doors and windows, new hard wood floors,  roof, electrical, and plumbing add quality to the infrastructure.  New eat-in kitchen has  custom white cabinetry, granite counters and stainless steel appliances.  Huge living room with a wood-burning fireplace, large formal dining room,  separate family room, and renovated  downstairs bath.  3 bedrooms 1 bath upstairs.  Just renovate this bath and you have a 100% renovated home.  Bonus: Over-sized 2-car garage and workshop. $629,000.  Call Sheryl DiCarlo 305.332.3256 to view!

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Coral Gables Closed Sales and Pending Sales

Keeping The DiCarlo Group clients apprised, here are  year-to-date sales for Coral Gables Closed/Pending Sales: 

371            total single family homes sold to date in 2011

  • highest priced sold property to date in 2011  $9 mil
  • lowest priced sold property to date in 2011    $181 K
  • number of waterfront sold to date in 2011          38

RedRoadOldCutlerBay

181         total condos/townhouses sold to date in 2011

  • highest priced sold condo/TH to date in 2011 $1.190 mil
  • lowest priced sold condo/TH to date in 2011    $35 K

MenoresGablesClub

   84               total Pending single family homes, year-to-date for Coral Gables 

  12                  total condos/townhomes pending to date in 2011

             Ask me how the market is!  (305)332-3256

Sheryl

*from the Miami Dade Realtor Association MLX

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Home Sales and Pending Home Sales

In an effort to give The DiCarlo Group clients the most recent and relevant information, we have researched informative articles with current facts and trends to help make your real estate decisions. 

  • Did you know in the past year that we had the largest number of sales in the history of the business? 
  • That international buyers purchased over $82 Billion of real estate in the U.S., and Florida captured 31% of those sales?  Their preferred location to buy?  Miami, Miami Beach, and Ft. Lauderdale, and 86% paid cash!

Please click here for a short report from chief economist, Lawrence Yun, National Association of Realtors, regarding the salability of the real estate marketplace.

Below are graphs and charts for Home Sales year to date.

HomesSalesblog101111

 

HomeSalesblog2

Ask me how the market is!  (305) 332-3256

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