Homes Rising | New Construction Projects All Over Coconut Grove

By
Real Estate Agent with EWM Realty, International 3028618

Coconut Grove New Construction Home

If you drive around Coconut Grove you no doubt have noticed all of the residential construction.  It is great news that developers and builders have so much confidence in our market here.  The common theme among these new projects is that the builders purchased dividable lots and are building 3-4 similar homes on each site.  Most of the homes tend to be modern architecture which is in high demand right now. 

Just yesterday the pre-construction homes located at 1621 South Bayshore Drive and 1619 South Bayshore Drive hit the market with $2,000,000+ price tags.  These homes offer more than 5,000 square feet of living area on 9,000 square foot lots.  They offer all of the bells and whistles that you would expect in a new home - chef's kitchen, pool, lush landscaping, 2 car garage, surround sound plus more.

There were 5 new construction homes (post 2009) sold in Coconut Grove last year, they closed for an average sale price of $1,484,000 or $305.00 per square foot.

 

Posted by

Riley Smith | The Riley Smith Group

Coconut Grove Real Estate Specialist

Direct: 305-342-1623

Office: 305-960-5318

Address:

3560 Main Highway, Coconut Grove, Florida 33133

Comments (1)

Tina D Saporito, Your Dedicated Palm Desert, CA Realtor Since 2005
Ronald Christopher & Associates. Proudly serving Palm Desert, La Quinta, Indio, Rancho Mirage, & Palm Springs. - Palm Desert, CA
Call (760)799-8460. www.JustListedinPalmDesert.com

New homes are so appealing! The market in Coconut Grove sounds a lot like the Palm Springs, CA area with lots new construction beginning to happen again.

Jan 17, 2014 01:37 AM

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