Coconut Grove Waterfront Homes – A Market Update on this Exclusive Coconut Grove Sub-Market
Coconut Grove is a very desired location for real estate investors and families looking for that laid-back yet high-end lifestyle. Coconut Grove real estate is know for its excellent waterfront homes and many people come especially to the Grove for a waterfront property. Compared to Coral Gables, Coconut Grove waterfront homes for sale offer direct bay access without any bridges. This means that homes are either located on the bay or on a canal with quick and easy access to the open bay.
Needless to say Coconut Grove waterfront homes are less affordable than homes on dry lots. Below we provide you with the average sales prices (per Sq.Ft) for Coconut Grove waterfront homes as well as the average of the three lowest and the three highest sales prices per year.
The Average Sales Prices of Waterfront Homes in Coconut Grove
The sales prices have seen a steady increase in recent years. We always prefer to look at sales prices per Sq.Ft to make more equal and reliable comparisons. The lowest and average sales prices have increased steadily while the higher sales prices show a more dynamic incline.
READ EVERYTHING ABOUT COCONUT GROVE WATERFRONT HOMES
These are all waterfront and gated communities that offer single-family homes
♦ Hughes Cove
♦ The Moorings
♦ Entrada Estates
♦ Four Way Lodge Estates
♦ DeGarmo Estates
♦ Camp Biscayne
♦ Treasure Trove
♦ Ye Little Wood
♦ The Anchorage
For more information on waterfront homes in Coconut Grove contact the David Siddons Group
+1.305.508.0899 | siddons.d@ewm.com
www.luxlifemiamiblog.com
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