Waterfront Homes Sold in Zip Code 33133*
Our secluded canals and welcoming shores are captivating the affluent. Let’s not forget that our front yard is Biscayne Bay, a National Park, the largest marine park in the U.S.
With an amazing increase in waterfront sales of 131% over the previous year, 2 distinctive submarkets have emerged: canal front and open water. Values differ depending on whether the properties are located on the open bay or on a canal. The median sales price is $1,100 per Sq/Ft for Open Bay properties versus $680 per Sq/Ft on a canal.
ADDRESS | #Beds | #Baths | #1/2Bths | Living Sq/Ft | Lot Sq/Ft | Year Built | Pool | $ Sold Price |
BAY FRONT | ||||||||
3505 MAIN LODGE DR | 6 | 6 | 2 | 8,138 | 69,846 | 1926 | Y | $ 11,000,000 |
3310 DEVON CT | 7 | 7 | 3 | 10,086 | 24,354 | 2003 | Y | $ 12,850,000 |
3590 CRYSTAL VIEW CT | 6 | 8 | 1 | 12,178 | 19,941 | 2010 | Y | $ 13,400,000 |
6939 SUNRISE DR | 5 | 6 | 1 | 6,388 | 16,500 | 1996 | Y | $ 6,000,000 |
3525 ANCHORAGE WY | 5 | 5 | 1 | 10,121 | 18,583 | 1996 | Y | $ 7,137,500 |
A Stable Inventory and Asking Median Price
134 single-family homes were available for sale in mid-January 2016 versus 138 during the same period in 2014. Across the board, median asking price is also very stable with an increase in the waterfront market. 50% of the properties available for sale at the beginning of 2016 have had at least one price reduction.
To find out more information, visit our ISSUU page at the link below:
https://issuu.com/groveexpertsjournal/docs/magazine_final
If you are interested in buying or selling property, call Isabelle Andrews at 305.546.5421, Alba Biondi at 305.323.2595, or email us at theteam(at)groveexperts(dotted)com.
We are Local, We are Global.
Grove Experts
EWM 2015 Chairman’s Club – Diamond Level
EWM 2014 Chairman’s Club – Diamond Level
EWM 2013 Chairman’s Club – Diamond Level
We Believe Coconut Grove is Extraordinary.
Our Purpose is to introduce Coconut Grove to the world as the ultimate neighborhood for people in search of beauty, tropical elegance, and a high quality of life. The pursuit of our client’s happiness and satisfaction is at the heart of our team’s culture.