Coral Gables Miami Real Estate Blog

Coral Gables’ Rich History and Prices

August 16th, 2013

A front-page story from the Herald Tribune depicts Coral Gables’ rich legacy in real estate. The article describes fluctuations often seen in real estate markets. In the 1920s, suburbs and subdivisions were developed, and these were marketed to Northerners as an opportunity for investment, or “living in paradise”.

The City Beautiful as Coral Gables is known, was one of America’s first planned communities, as cited by Coral Gables Museum. The plan included the University of Miami, tree-lined streets, places of worship, shopping, entertainment and more.

In 1926 however, the city’s real estate market crashed and the event was a predecessor to the The Great Depression that would affect the entire nation three years later.

The market eventually picked up – until the 2000s during the Great Recession. Market highs and lows are standard in any location, and today Coral Gables is regarded as one of the richest zip codes in America.

Reports confirm that prices are back to the pre-bust days, where average listings include $2.67M to $3.48M for single family homes. Starter homes that are located away from waterways begin at half a million dollars. Real estate professionals in the area attribute Coral Gables’ steady prices to the fact that it’s well-planned with less incidences of rundown properties.

Are you searching for a home in this area?

Contact Miami Realtor Sydney Server for more information.

Sources: The Real Deal, Coral Gables Museum

Photo Credit: The Real Deal

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Brokerage By: Florida Capital Realty

Coral Gables Vacant Lot Sold for $24M

June 3rd, 2013

A vacant land space in Coral Gables was just sold to Miami developers for $24 Million, as per The Real Deal. The buyer of 2801 Ponce de Leon Blvd., was reportedly 2901 Ponce LLC.

Just three years earlier, the same company bought acres of the Old Spanish Village site for a similar impressive sum of $30.55 M. The seller of this $24M, one-acre vacant lot, had purchased it in 2007 for the same price. Proposals were also in place to build luxury offices on the property, however this never came to fruition. It’s unclear what the new buyer’s plans are.

Sydney Server Real Estate helps Miami real estate buyers and sellers gain pleasant experiences when transacting properties, through market knowledge and expertise in both the commercial and residential sectors.

Search now for Miami Florida Land for Sale. Celebrities and other luxury homeowners have long been attracted to Miami, where empty lots can been purchased in areas like Star Island and Fisher Island. These empty lots offer a fresh slate to personalize beautiful homes. See A-Rod’s former custom-made mansion here.

Buyers and developers who are seeking vacant lots in Miami districts may get in touch by calling 305-562-7363. SSRE’s real estate hub serves Brickell, Miami, Miami Beach, South Beach, Sunny Isles Beach, Aventura, and several other NEW MIAMI districts.

Contact Miami Realtor Sydney Server for more information.

Sources: The Real Deal
Photo Credit: The Real Deal
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Brokerage By: Florida Capital Realty

Coral Gables Mansion On The Market For $30 Million

February 11th, 2013

One of the priciest new listings on the Miami real estate market is this ten bedroom, ten bath mansion that’s located in the Tahiti Beach corner of Coral Gables. It’s also one of the handful of listings with a $30 million or higher price mark, according to The Real Deal.

Exterior Features of Coral Gables Mansion

The single-family home is located right by the waterfront, and features a fittingly spacious infinity-edge pool. Buyers also get a private beachfront, as the property expands over one acre of soft-white sand and a scenic oceanfront.

Interior Features of Coral Gables Million Dollar Home

There’s an official office space if business calls, as well as a two-story living room for family time or entertainment. The interiors consist of a lavish marble staircase, foyer, gourmet kitchen and a private maid’s quarters. In addition, there’s a private theatre, elevator, billiards room with wet bar, a four car garage, and private terraces overlooking the panoramic ocean floor.

Address: 4 Tahiti Beach Island, Miami FL, 33143
Year Built: 2009
Type: single-family home
SF: 21,235
Floor Plan: 10 BR/10 BA
Price: $30 Million

Listing Agent: Jill Eber

Sources: The Real Deal, Realtor
Photo Credit: The Real Deal
Daneil Fletcher for
Brokerage By: Florida Capital Realty

Coral Gables Single-Family Home Listed for $8.5 Million

January 7th, 2013

A home in Coral Gables real estate has been put on the market for $8.5 Million according to The Real Deal.

Even though this property was built in the ‘90s, The property underwent renovations in 2006, following the acquisition by new owners for $4.9 Million.

The home is nestled on two acres of land in a gated and private lot, where a marina dock sits on the rear. Inside, natural light is prevalent in all rooms. 9570 Journeys End also features a reserved living room that’s equipped with a bar, a master bedroom designed with him and her closets, and an elegant bathroom.

In other Coral Gables Miami real estate, a 180-unit condo project is being proposed for the Merrick Manor tower. Sydney Server spotlights new, luxury properties in the heart of Miami. In addition, older, multimillion properties with upscale features offer unique architecture and unsurpassed luxury. Real estate in Coral Gables FL has several crown jewel properties that feature historical architecture. There timeless style still appeals in the 21st century.

Also check out Sydney Server’s luxury Rental listing in Downtown Miami at the Marquis Residence. Address: 1100 Biscyane Blvd, Condo #4302. MLS# A1727471. 2BR/2.5BA FOR LEASE Price: $5,250. Monthly.  This listing is a perfect luxury rental this season in the heart of Miami!

Contact Miami Realtor Sydney Server for more information.

Address: 9570 Journey’s End, Coral Gables, Fl, 33156.
Year Built: 1990
Type: Single family home
SF: 11,132
Floor Plan: 5 BR/5.5 BA
Price: $8.45 Million

Listing Agent: Mayi De La Vega

Sources: The Real Deal, Luxury Lifestyle Florida
Photo Credit: The Real Deal
Daneil Fletcher for
Brokerage By: Florida Capital Realty