Waterfront and Luxury Real Estate and Lifestyle Blog
Market Activity in Coconut Grove Oceanfront Condo Another Developer Owned Unit was just purchased in Coconut Grove Residences Oceanfront Condo in Ft. Lauderdale. Unit #903 (pictured above) was purchased on December 10, 2010 for $1,250,000, a Unit with fabulous views, which I had the pleasure of viewing prior to its purchase It has 3 Bedrooms, 3.5 Baths, and… Read More
Sales of the Developer Owned Units at Coconut Grove Residences continue to be brisk since the most recent slashing of prices and only 6 Developer owned Units are available for purchase. To date in 2010, 16 Coconut Grove Residences Condos have been purchased and their purchase price range was $405,000 – $1,950,000. 1 Unit is currently under… Read More
To date in 2010, 10 Coconut Grove Residences Condos have been purchased and their purchase price range was $430,000 – $1,375,000. 6 Units are currently under Contract for purchase and, of the 63 total Units in the Building 17 are listed for sale (7 Developer owned Units and 8 Resales/privately owned Units). Buyers are… Read More
Payment of Property Taxes at Coconut Grove Beach Residences Condo in Ft. Lauderdale I’ve had several interested Buyers ask me if the Developer owned Units at Coconut Grove Residences are in a state of Tax Delinquency. Additionally, in viewing my Blog stats and Website stats, I’ve noticed that a number of people have searched for terms… Read More
Buyers who contact me about their interest in Ft. Lauderdale area Condos often inquire about the high inventory of new Condos in South Florida that they heard about. Well, Inventory varies drastically in different Cities and, in the words of D.J. Sander Kleinenberg, “This is not Miami.” Ft. Lauderdale has only 3 Condos with new Inventory… Read More
As you might already be aware, the Auction at Coconut Grove Residences was cancelled (per my Post on February 25th and the e-mail sent from Accelerated Marketing on February 25th). I spoke with a Coconut Grove representative today who told me that 9 of the 21 Developer owned Units are currently under contract for purchase (these… Read More
Thursday night, 2/25/10: Just received an e-mail from Accelerated Marketing Partners announcing that the Auction scheduled to be held Sunday, 2/28/10, for the 21 Coconut Grove Condos has been cancelled. I included excerpts from their e-mail below: “Over 1500 site tours have taken place in the past four weeks….the overwhelming majority of our registered bidders… Read More
The Developer has decided to Auction the remaining 21 Units with a Bidding Price Range of $260,000 – $1,700,000. The Auction is scheduled for February 28, 2010. The most recent purchase in the Building was on January 15, 2010 for $650,000. The lowest purchase price in the Building was $450,000 and the highest… Read More
South Florida Oceanfront Condo Steals in Ft. Lauderdale and Pompano Beach There are 4 Condos that represent my picks for the top Oceanfront Condo STEALS in the Ft. Lauderdale area: Sapphire Condo in Ft. Lauderdale just reduced their prices last month by 50%. Current prices begin in the $300,000′s. Maintenance Fee Price per square foot = .64 cents. Waterfront type: Across from… Read More
