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 getting great deals at below market value prices. Coconut Grove Residences is Ft. Lauderdale’s ONLY direct Oceanfront Condo with new Units available (yes, you read that right). Oceanfront Condos that are much older and Condos that aren’t even Oceanfront are selling for these prices. You snooze, you lose.
View details about the closed sales, pending sales, and active listings below.
Coconut Grove Developer Owned Residences Sold, to date, in 2010
- Unit #804 (2 BR, 2.5 Baths, 2,379 Square Feet): purchased for $925,000 on April 20, 2010
- Unit #504 (2 BR, 2.5, Baths, 2,268 Square Feet): purchased for $800,000 on April 9, 2010
- Unit #606 (1 BR, 1.5 Baths, 1,703 Square Feet): Purchased for $575,000 on March 31, 2010
- Unit #208 (1 BR, 1.5 Baths, 1,465 Square Feet): purchased for $430,000 on March 3, 2010
- Unit #1102 (2 BR, 3.5 Baths, 4,060 Square Feet): Purchased for $1,375,000 on March 4, 2010 (Purchased from a private Owner–not a Developer owned Unit)
- Unit #308 (1 BR, 1.5 Baths, 1,465 Square Feet): purchased for $450,000 on March 12, 2010
- Unit #206 (2 BR, 2.5 Baths, 1,603 Square Feet): purchased for $450,000 on February 25, 2010
- Unit #306 (2 BR, 2.5 Baths, 1,603 Square Feet): purchased for $455,000 on March 4, 2010
- Unit #404 (2 BR, 2.5 Baths, 2,268 Square Feet): purchased for $750,000 on March 15, 2010
- Unit #506 (2 BR, 2.5 Baths, 1,603 Square Feet): Purchased for $650,000 on January 15, 2010
Currently, 6 Units are under Pending Contract for Purchase:
- Unit #108 (1 BR, 1.5 Baths, 1,465 Square Feet): Listed for $550,000
- Unit #205 (1 BR, 2 Baths, 1,797 Square Feet): Listed for $600,000
- Unit #706 (1 BR, 1.5 Baths, 1,703 Square Feet): Listed for $650,000
- Unit #505 (2 BR, 2.5 Baths, 2,070 Square Feet): Listed for $725,000
- Unit #503 (2 BR + Den, 3.5 Baths, 2,729 Square Feet): Listed for $1,075,000
- Unit #1103 (3 BR + Media Room, 3.5 Baths, 5,195 Square Feet): Listed for $2,500,000
The following Developer owned Coconut Grove Residences Condos are currently listed for sale:
- Unit #204 (1 BR + Den, 2.5 Baths, 2,032 Square Feet): Listed for $700,000
- Unit #304 (1 BR + Den, 2.5 Baths, 2,032 Square Feet): Listed for $725,000
- Unit #403 (2 BR + Den, 3.5 Baths, 2,729 Square Feet): Listed for $1,050,000
- Unit #904 (2 BR, 2.5 Baths, 2,379 Square Feet): Listed for $1,075,000
- Unit #803 (3 BR, 3.5 Baths, 3,183 Square Feet): Listed for $1,425,000
- Unit #903 (3 BR, 3.5 Baths, 3,183 Square Feet): Listed for $1,450,000
- Unit #405 (2 BR, 2.5 Baths, 2,070 Square Feet): Listed for $700,000
In addition to the Developer owned Units, there are a few Resales available as well and, currently, 8 privately owned Units are listed for sale. Their price range is $795,000 – $7,995,000. The $7,995,000 Unit is a Penthouse Unit that includes the entire top/12th Floor of Coconut Grove Residences (originally, it was 2 separate Units which were later combined into 1 Unit and purchased by the current Owner for $10,500,000 in April of 2008). Of the Resales, none are Bank owned Foreclosures and 1 is a Short Sale. Click to view Condos for Sale in Coconut Grove Residences.
Related information:
Vickie says
December 2010 Coconut Grove Sales update:
https://southfloridahomespot.com/2010/12/16/coconut-grove-oceanfront-condo-sales/