Blog

January 15, 2014

Average days on the market in Coral Gables

The average days on the market from 2012 to 2013 dropped by nearly 1 month. The average days on the market in 2013 was 85 days. This was due to the supply of inventory in Coral Gables. The amount of Single Family Homes in Coral Gables has dropped, creating an increase in prices and homes lasting less time in the market. However, towards the end of the 4th quarter in 2013, I have noticed a bit of a slow down in the small “frenzy” that there was in the middle of 2013. Many sellers are trying to take advantage of […]
January 13, 2014

Coral Gables Events Increase Open House Traffic!

Starting this Saturday, January 18th, the Coral Gables Farmers Market is starting up once again. Located on the corner of Miracle Mile & LeJeune Road, the market will be open every Saturday from 8:00 AM until 2:00 PM. This means lots of busy weekend mornings right in the heart of Coral Gables, ideal for scheduling open houses because of the increase in traffic. 
January 8, 2014

Coral Gables December Sales Trends

In the month of December there were a total of 32 single family home sales in Coral Gables, five of which were waterfront and golf view properties. Even considering the holidays there was a significant amount of transactions in the real estate market. The average sales per square foot for non-waterfront homes was $315.45. The average sales per square foot for waterfront homes was $672.51. The only sale on the Riviera Golf Course sold at $472.70 per square foot. It will be interesting to see how the next quarter does considering we are out of the holidays. In my humble […]
January 7, 2014

New Coral Gables Listing! 3315 Monegro Street

  Introducing our newest Coral Gables listing! This Art Deco 2 bedroom, 2 bathroom home is 1,369 sq. ft. and built on a 5,950 sq. ft. lot. It is located in a great neighborhood very close to the Gallery District of downtown Coral Gables. The living spaces of the home are beautifully tiled and the bedrooms all have hardwood flooring. A large family room is great for entertaining guest. This charming home is on a corner lot on a very quiet street. This allows for access to more land. Also, there is a small side street that does not allow […]
January 6, 2014

Back on the Market! 338 Minorca Ave, Coral Gables

This commercial rental located in Coral Gables is once again back on the market! This rental includes:  Three office spaces, one covered parking space, cleaning, utilities, furnished reception area, 24-hour access, alarm, kitchen, internet/WiFi (telephone not included). Listing Details: Square Footage: 800 Located in Downtown Coral Gables Listed for rent at $900 per month   Please see below for other Coral Gables commercial properties. If you are interested in this or any other property, please feel free to contact Oscar Arellano at 305-525-7324 or simply click here for our contact page. 
December 27, 2013

Coral Gables Condo Conversions are Breaking Back into the Market

  Condo conversions are making a return to the Coral Gables market once again. This is the process of taking an existing apartment building and converting the units into condominiums for individual sale. These conversions, although not seen too often since the last crash, are making a comeback based on a couple of  factors. Firstly, Coral Gables has a lack of condo inventory and there is such high demand, including the demand from foreign investors. Also, it is cost beneficial. Constructing a condo building from the ground up is a much more costly and lengthy process, while converting an existing […]
December 27, 2013

Just Reduced! 1100 Coral Way in Coral Gables

We have just reduced this 4 bedroom/5 bathroom home located on the historic Coral Way in Coral Gables. It is complete with a two-car garage and some very unique style features. It has original oak wood flooring & a brick-lined fireplace in both the living room and the master. In the center of the home is an enclosed courtyard. Once a Spanish-style Andalusian patio, this room has a fountain in its center and the skylight has impact-resistant windows.    Details about 1100 Coral Way, Coral Gables: 4 Bedrooms / 5 Bathrooms 3,689 Square Feet of Living Space 15,000 Square Foot Lot Reduced […]
December 27, 2013

Unique Roof Makes this Home a First in South Florida

Outside, 1430 San Marco is like most beautiful Coral Gables homes. Built on an 11,500 sq.ft. lot, this home has 4 bedrooms and 3.5 bathrooms, along with a cabana bath out by the pool. But what makes this home so unique is its 8 inch thick solid concrete roof. This is a rarity that isn’t usually found in South Florida. It adds optimal hurricane protection and ensures that the owner will never have to replace it, nor worry about termites. This roof, along with the homes Hurricane Impact Windows, make this house as close as you can get to hurricane proof, which in South Florida […]
December 20, 2013

Coral Gables Townhomes Now Under Contract!

We can happily announce that our four townhomes at 343-349 Madeira Avenue have gone under contract in less than one week. These beautiful listings were definitely very popular, our open house brought in more than 60 interested buyers. Each other homes is about 2,153 sq. ft. and was sold for $499,000. They have their own private elevators, generators, rooftop terrace, and amazing views of lovely Coral Gables. With Miracle Mile being only a few blocks away, the location is wonderful.        Look below for more properties in this area