Monday, April 29, 2013

Sunrise Harbour - Coral Gables

Coral Gables is one of Miami-Dade's most luxurious cities.  Several neighborhoods like Sunrise Harbour take this luxury to a new level.  As one of the exclusive gated communities, it is filled with gracious estate-size homes.  Sunrise Harbour is a neighborhood that houses only about 80 homes and is an ideal neighborhood for families seeking larger homes in a tranquil location.  The landscaping around the beautiful homes and throughout the neighborhood features lush and tropical trees and plants that are native to this South Florida and offer a true feeling of living in paradise.  

Sunrise Harbour Locale
Situated in the northern portion of Coral Gables, known as "North Gables," Sunrise Harbour is surrounded by other exclusive neighborhoods like Gables Estates, Snapper Creek Lake, Cocoplum, Tahiti Beach, and others.   It is in close proximity to Coconut Grove and all it has to offer as well as well-known sites such as the famed Coral Gable’s Miracle Mile, Fairchild Botanical Gardens, Vizcaya Museum and the area's top public and private schools.  Sunrise Harbour is only a 15-minute drive from Brickell and the Design District and a 30-minute drive from Miami International Airport and the Miami beaches.  

Sunrise Harbour Highlights
Sunrise Harbour features several streets each flanked by deep and wide canals that offer easy access into Biscayne Bay with no bridges.  In fact, the homes situated at the end of the streets face out onto Biscayne Bay.  With only waterfront homes, most feature large docks that accommodate mega yachts and multiple vessels as most homeowners enjoy living on the water and choose to live in Sunrise Harbour because of its location.  This small and close-knit community enjoys the security and safety of living in a gated community that is a little off the beaten path.  

Sunrise Harbour homes offer amenities expected in homes of this caliber.  As an older neighborhood with homes built as early as the late 1960s and early 1970s, it is not uncommon for properties to be purchased only to demolish the current home in order to build a new estate size home with many amenities.  Older homes offer a classic "Florida-style" appeal in their architecture but, for the most part, have been updated or remodeled inside to include gourmet kitchens and high-end fixtures and finishes.  Additionally, residents make the most out of life in such a glamorous and sophisticated neighborhood with extensive outdoor living areas that include outdoor kitchens and resort-like pool areas that open up to the beautiful panoramic views of the Bay.  

With only about 80 homes in Sunrise Harbour, there are never more than a handful of homes for sale at any given point in time.  Home values range from about $1.5 million to over $10 million mainly depending on the location, size and condition of the homes, and the views.  Currently, there are five Sunrise Harbour properties for sale with list prices falling between about $2.4 million and almost $9 million.  One property is listed for sale at just under $6 million and is a point lot facing out onto Biscayne Bay.  Because the home is much older and dated, the list price is based primarily on the value of the lot.  

sunrise-harbour-real-estateOver the past six months, six homes have sold with sale prices between $2 million and just over $4.1 million.  Most homes take about six months to sell on average but because of the size and amounts paid for each home, this is not uncommon.   

A Perfect Coral Gables Neighborhood
When it comes to looking at Coral Gables real estate, Sunrise Harbour is a perfect Coral Gables neighborhood.  It exudes all the class and grace that one at this level must have without the pretense that is found elsewhere throughout the area.  For those seeking an elite community with the safety of being gated and the tranquility of being set back away from all the excitement for which the area is known, Sunrise Harbour real estate meets and exceeds the expectations of anyone interested in this kind of property.

Saturday, April 20, 2013

Gables Marquis

Gables Marquis is a somewhat new condominium in Coral Gables.  Built in 2007, this 20-story building with 177 units stands out along the Coral Gables skyline with its distinctive architecture.  It is a very popular condominium with those in search of Coral Gables real estate as a second or vacation home as well as retirees who relocate to the area. 
Gables Marquis adds a touch of contemporary to an upscale area that has tons to offer its residents in terms of golf, boating, its close proximity to other popular areas of Miami Dade County and more.

Location of Gables Marquis
Located at 3232 SW 22 Street, in the heart of Coral Gables, Gables Marquis is just a couple of blocks from the famed Miracle Mile for which Coral Gables is known.  The condominium features unbelievable views of Coconut Grove, Sailboat Key and the unbelievable Miami skyline. 

Coral Gables is a beautiful city in Miami Dade County that is known for its upscale atmosphere and excellent shopping.   It caters to an upper echelon crowd that enjoys the finest shopping, dining, arts and culture.  Its location is ideal for those who want to go to Miami for some fun or the Miami beaches for a day in the sun.  Additionally, it is close to the major transportation hubs and traffic arteries.   Without a doubt, Coral Gables is one of the most stunning cities in all of the state of Florida.

Gables Marquis has a modern feel to the architecture with the palazzo pool situated on a lush and tropically landscaped deck with white cabanas and pool attendants.  Other community amenities include 24-hour complimentary valet parking, concierge service, wireless high speed internet  throughout the community, a perfectly appointed club house, contemporary-designed lobby area, high speed elevators and more.

Residents enjoy perfectly decorated residences with a nice, open kitchen that has high-end stainless steel appliances and granite counter tops with lots of work space, spa-like bathrooms with marble countertops and flooring, a large master bedroom with walk-in closet in addition to other great features and finishes.

Real Estate at Gables Marquis
Gables Marquis real estate is very much in demand.  Because the condominium features more affordable units along with amenities in condominiums with much higher priced residences, there are always only a few residences available for sale.  List prices in Gables Marquis are typically priced between the upper-$100s for one-bedroom homes and the mid to upper-$300s for three bedrooms.  Currently there are only two properties for sale priced from the mid-$200s to mid-$300s. 

Over the past six months, only five homes sold (all two-bedroom units) with sale prices from just under $200K to almost $300K.  The average number of days on the market for those five properties was only 78 days.  

For investors, Gables Marquis is an incredible investment opportunity.  Owners of Gables Marquis rental property can lease their units up to three times per year for a minimum of 90 days each.  Monthly rental rates range from about $1,300 to over $2,400.  

Affordable Luxury
Gables Marquis real estate is the epitome of affordable luxury when it comes to living in Coral Gables.  With all that it has to offer and the incredible list prices for a condominium in such a prime location, opportunities to own a home in Gables Marquis is one of which the most savvy real estate buyers take hold.  

Monday, April 15, 2013

L'Hermitage -- Coconut Grove

L’Hermitage is a wonderfully secluded townhome community in the Coconut Grove section of Miami-Dade County.  This exclusive enclave has only 75 Mediterranean style townhomes with many of them facing out onto Biscayne Bay.  Constructed in the early 1980's, the townhomes features clusters of eight to 10 residences around cul-de-sacs throughout the community.  L’Hermitage real estate appeals to those who want to feel like they still live in a single family home but have the conveniences of living in a condominium style community. 

Located in in Coconut Grove, L’Hermitage is situated along Biscayne Bay.  L’Hermitage is just a short drive to Coconut Grove’s historic district and excellent shopping and dining at the famed CocoWalk.  It is tucked away from the hustle and bustle in its own tranquil and tropical setting. 

Coconut Grove is just five minutes away from Brickell, 15 minutes from Miami International Airport, 10 minutes from Coral Gables’ famed Magnificent Mile and only 15 minutes from Key Biscayne and Miami Beach.

L’Hermitage Amenities
A lot of amenities come with living in L’Hermitage Coconut Grove that adds to the comfort of living in this exclusive community.  From the beautiful gated entrance with a 24-hour guard to the tennis courts, private docks and community pool with tropical landscaping, residents have all the niceties of living at a five-star resort. 

Individual residences are designed like a Mediterranean Villa right down (or up as the case may be) to the Spanish tile roofs.  The three story residences feature main living areas on the second level with two-car garages and an additional living area on the first level and bedrooms on the third level.  Some of the larger townhomes even have elevators.  While many of the residences have been remodeled or updated, every residence has tons of space with total square feet between
approximately 3,400 and just over 4,000.   Not only do they have large master suites and gourmet kitchens with updated appliances, they have the most inviting screened in patios ideal for morning coffee or afternoon tea.  Because the homes are individually owned, each one has an individual style and design elements.

L’Hermitage Real Estate
L’Hermitage Coconut Grove real estate offers a level of exclusivity found in only the most elite townhome communities in Miami-Dade County.  This is a very popular community with buyers wanting a second home in South Florida, international buyers who conduct business in the area and retirees who have relocated or downsized from larger single family homes.  Even though most of the homes are owner-occupied, this is an excellent opportunity for investors who desire to own Coconut Grove rental property at L’Hermitage. 

List prices typically start at about the $1 million mark and climb to over $2 million depending on the size, location in the community and the view.  In 2012, three units sold with sale prices ranging from the upper $900s to over $2 million.  In terms of additional costs for homeowners, there is a monthly HOA fee fluctuating between $1,100 to over $3,400 (subject to change).

As for Coconut Grove rental property, occasionally, there are opportunities to rent property at L’Hermitage Coconut Grove.  When these properties come available, they are typically swiped up in the blink of an eye.   When there is a rental property, monthly rental rates usually fall between $5,000 and $8,000.

A Secluded Tropical Oasis in Coconut Grove
Coconut Grove, in and of itself, is a very chic and exclusive part of Miami-Dade County.  L’Hermitage offers a secluded tropical oasis within Coconut Grove.  It is easy to see why so many have the desire to live here.  When the opportunity arises, buyers who want the convenience of a condominium, lean towards L’Hermitage real estate because they get the best of both worlds.   

Friday, April 5, 2013

The Top Five New Construction Homes in Coral Gables

With the real estate market rebounding in Miami-Dade County and home sales increasing over 10 percent in the last year, new home construction is also on the rise.  In terms of Coral Gables real estate, there are several properties in gated communities that include detailed plans by renowned Miami architects.  Whether a Mediterranean or more contemporary style home, the one common element is that each home is grand in its design and situated on large, mature lots. The following are the top five new construction homes in Coral Gables.

325 Leucadendra Drive, Gables Estates, List Price:  $10,900,000
This is a huge opportunity to build a beautiful Rafael Portuondo designed home on a prime waterfront lot in exclusive Gables Estates.  Known for designing some of the grandest homes in Coral Gables and Miami, the plans for this home include nine bedrooms of which two are master bedrooms; nine full baths; two half baths; a large gourmet kitchen; four-car garage; and, resort style pool surrounded by tropical landscaping and facing a private dock on a deep canal with direct access to Biscayne Bay.  For interested buyers, plans and more detailed information are available upon request.

10101 Sabal Palm Avenue, Snapper Creek Lakes, List Price:  $9,900,000
Built in 2012 and designed by Jorge L. Hernandez, this Mediterranean estate with a modern flair is situated on a corner lot with the ideal combination of indoor and outdoor living.  Homeowners will enjoy living in such a tropical paradise with mature trees and vegetation surrounding their home.  The newly built home features open rooms, high-end fixtures and finishes as well as an enormous outdoor living area with terraces and patios.  With almost 12,000 square feet of living space, this Snapper Creek Lakes home is luxury living at its finest. 

10101 Lakeside Drive, Snapper Creek Lakes, List Price: $7,250,000
Luxury home builder, Hollub Homes has designed this modern estate in guard-gated Snapper Creek Lakes.  Under construction, the plans show an inviting appeal with a natural flow throughout the entire home.  The 9,000+ square foot home set on 1.25 acres features six bedrooms and seven and a half baths; smart technology; beautiful and large gourmet kitchen and family room; a game room; three-car garage; and, elaborate pool area.  Buyers have the opportunity to put the finishing touches on the home to add their own personality.

340 Leucadendra Drive, Gables Estates, List Price:  $7,200,000
Another unbelievable home is ready for construction in gated Gables Estates.  The plans, designed by renowned architect, Ramon Pacheco, call for an enormous 16,000+ square foot estate with contemporary design and large open rooms, floor to ceiling windows, balconies, sundecks and a large pool.  Additionally, the backyard faces a private dock with direct access to Biscayne Bay.  Because the plans are completed and all permits have been handled, the construction is ready to get underway.

6825 Veronese Street, Coral Gables Riviera, List Price:  $2,400,000
This beautiful European-style estate, Villa Veronese, features plans that show a 4,900+ square foot home with five-bedrooms and five and a half baths.  The details are superb with open rooms, terraces, loggias and so much more.  High end finishes and fixtures will give this unbelievable estate that joy de vivre to make it one of the most exclusive in Coral Gables Riviera. 

More Opportunities to Build
In addition to these beautiful homes on the horizon, there are more opportunities to build a Coral Gables luxury home on one of several multi-million dollar Coral Gables vacant lots just waiting for buyers.  With the renowned area architects who have designed some of Miami-Dade’s most exclusive homes, building a dream home is as easy as 1-2-3!
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