Coconut Grove Buyers Guide

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Alba Biondi / 305 323 2595 • Isabelle Andrews P.A. / 305 546 5421 theteam@groveexperts.com

The Grove Experts ® . All Rights Reserved.

The Five Coconut Grove sub-neighborhoods offer unique features and values.

North Grove North Grove is close to downtown Miami and features mostly single-family homes. Many contemporary construction projects have been recently built in this area, and some streets, including Emathla, Seminole, and Secoffee, offer very large lots. David Kennedy Park borders the Bay and has space for exercise and picnics under the palms. North Grove a jump” for those who work in Brickell or downtown and a 10-minute drive from the newest art scene in Miami, the Wynwood Arts District. From cozy neighborhoods to a waterfront manse adjacent to Villa Vizcaya and the Miami Museum of Science, North Grove offers old-world charm with a newworld global economy at its front door.

Sample of Single-Family Homes Sold in North Grove 1Q 2017 Lot Sq/Ft

Sold Price

SP$ Sq/Ft

Sq/Ft LA

$ 2,275,000

$ 428

5,315

14,275

5

2315 Swanson Ave

$ 615,000

$ 585

1,051

5,145

2301 S Bayshore Dr

$ 698,250

$ 442

1,579

2240 Tequesta Ln

$ 540,000

$ 283

2410 Overbrook St

$ 705,000

41 N Shore Dr

#HB

Yr Blt

5

2

2016

0

Y

3

1

0

1947

0

N

11,620

3

2

0

1951

1

N

1,905

5,500

4

2

0

1947

0

Y

$ 477

1,478

9,065

3

2

0

1944

0

N

$ 965,000

$ 342

2,820

9,225

4

3

0

1957

2

N

1782 Opechee Dr

$ 955,000

$ 402

2,378

6,960

4

4

0

1926

0

Y

3505 Crystal View Ct

$ 989,000

$ 666

1,484

5,600

3

2

0

1957

1

N

2815 Crystal Ct

$ 850,000

$ 453

1,876

7,700

2

2

0

1936

0

Y

115 Shore Dr

$ 1,490,000

$ 482

3,094

11,190

5

4

1

1962

2

Y

1701 Tigertail Ave

$ 1,800,000

$ 511

3,525

5,655

4

4

1

2016

2

Y

3221 Calusa St

$ 1,700,000

$ 490

3,471

7,910

4

3

0

2016

0

Y

Address 1623 S Bayshore Dr

Alba Biondi / 305 323 2595 • Isabelle Andrews P.A. / 305 546 5421 theteam@groveexperts.com

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Center Grove Center Grove has a great many townhomes. This area is attractive for those wanting to have a more “citified” lifestyle. Most of the newer townhouses have Mediterranean or Key West-inspired architecture. In the last few years, however, a new wave of contemporary-style townhouses have been built, giving the area a modern touch. Only steps away from a vibrant nightlife, coffee shops, boutiques, and a grand supply of delicious dining establishments, Center Grove is the place to be for the “Urban Naturalist.” Something’s always happening in the Center of the Village!

South Grove South Grove is a lush sub-neighborhood, with many gated communities.

Some of the most stunning Mediterranean estates are located in South Grove, and Kampong Botanical Garden and Barnacle Historical State Park are located here.

From waterfront splendor to a quaint Bahamian cottage, South Grove is the setting for sophisticated, quiet elegance, with a “laid back” flare.

A dog walk or a bike ride through South Grove becomes a ritual.

A stroll under a canopy of trees while a tropical sun rises or sets becomes your norm.

Sample of Single-Family Homes Sold in South Grove 1Q 2017 Lot Sq/Ft

Sold Price

SP$ Sq/Ft

Sq/Ft LA

3897 Leafy Way

$ 3,000,000

$ 492

6,102

65,681

8

3639 Park Ln

$ 2,250,000

$ 391

5,760

11,964

4040 Kiaora St

$ 2,850,000

$ 511

5,582

3720 Poinciana Ave

$ 2,475,000

$ 456

4035 Malaga Ave

$ 2,135,000

3883 Wood Ave

#HB

Yr Blt

6

0

1925

1

Y

5

6

1

1990

2

Y

36,714

6

6

2

1949

2

Y

5,432

32,706

5

5

1

1937

0

Y

$ 433

4,931

9,000

6

5

1

2004

2

Y

$ 2,190,000

$ 513

4,266

16,530

6

5

0

1940

0

Y

3940 Braganza Ave

$ 1,699,300

$ 438

3,879

13,750

4

3

1

1939

2

Y

4025 Poinciana Ave

$ 1,612,500

$ 418

3,859

9,715

4

3

1

1992

2

Y

4071 Battersea Rd

$ 1,655,000

$ 451

3,666

6,500

5

5

0

2005

2

Y

4121 Raynolds Ave

$ 1,200,000

$ 355

3,382

7,000

4

3

1

1990

2

Y

3903 Loquat Ave

$ 1,300,000

$ 385

3,380

14,300

5

3

0

1925

0

Y

3980 Kumquat Ave

$ 1,080,000

$ 365

2,961

7,150

4

3

1

1984

0

Y

3645 Battersea Rd

$ 1,400,000

$ 502

2,787

10,500

3

3

0

1963

2

Y

Address

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Sample of Single-Family Homes Sold in South Grove 1Q 2017 Sold Price

SP$ Sq/Ft

Sq/Ft LA

Lot Sq/Ft

3763 S Douglas Rd

$ 1,593,750

$ 613

2,598

8,500

4

4207 Braganza Ave

$ 1,360,000

$ 530

2,564

10,710

3470 Poinciana Ave

$ 1,200,000

$ 483

2,487

4149 Bonita Ave

$ 640,000

$ 340

3930 Irvington Ave

$ 608,000

3610 N Bay Homes Dr

#HB

Yr Blt

3

1

2014

0

Y

4

3

1

1955

1

Y

10,580

3

3

0

1957

1

Y

1,885

8,475

3

2

0

1948

0

N

$ 344

1,766

10,000

3

2

0

1955

0

N

$ 780,000

$ 490

1,593

5,188

3

2

0

1958

0

N

4180 S Douglas Rd

$ 882,000

$ 555

1,590

13,000

3

2

0

1952

0

N

3865 Poinciana Ave

$ 855,000

$ 542

1,578

6,008

3

2

0

1959

0

N

3910 Battersea Rd

$ 701,000

$ 509

1,377

7,800

3

2

0

1954

0

N

Address

#BR

#FB

#Gar

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Grove Waterfront Grove Waterfront properties are the priciest in the area and remarkably beautiful. Any property with waterfront access will offer its owner magnificent views day and night. Waterfront properties may be found from North to South Grove, or you may prefer canal access, which offers a variety of depths and dockage accommodations.

Nothing compares with the serenity of the sea lapping against a dock and a gentle breeze wafting the scent of night-blooming jasmine across your patio while you watch the sun and moon rise and set. Jump on your boat, your kayak, your jet ski, or your paddleboard and head out to the Bay. Experience the freedom and mystery of the deep blue from your own backyard... see you Monday morning... maybe!

Sample of Waterfront Single-Family Homes Sold in 2016 Sq/Ft LA

Lot Sq/Ft

#BR

#FB

#HB

Yr Blt

2,962

10,328

3

3

0

1998

16,500 300,860

9

8

3

1920

12,863

11,851

6

5

3

2009

$ 784

5,252

19,500

5

5

1

1986

$ 3,300,000

$ 601

5,495

11,300

5

5

1

1982

$ 2,550,000

$ 783

3,255

11,544

3

2

0

1979

Address

Sold Price

1800 S Bayshore Lane

$ 3,550,000

$ 1,199

$ 34,600,000

$ 2,097

1840 S Bayshore Ln

$ 5,936,000

$ 461

3579 Stewart Ave

$ 4,120,000

3333 S Moorings Way 3830 Carole Ct

3551 Main Hwy

SP$/SqFt

Alba Biondi / 305 323 2595 • Isabelle Andrews P.A. / 305 546 5421 theteam@groveexperts.com

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West Grove West Grove is the most affordable Grove neighborhood. The area was the original home of Bahamian settlers in the 1870s. Many of their descendants still call West Grove home. Each year a celebration of Bahamian pride is relived during the much beloved Goombay Festival. The north part of West Grove has seen a resurgence of new construction, with most of the improvements being contemporary-style townhomes.

While more modest in price than surrounding neighborhoods, this area of the Grove is experiencing a renaissance of growth and revitalization, all just steps away from the lively Center Grove scene.

EACH COCONUT GROVE SUB-NEIGHBORHOOD HAS ITS OWN UNIQUE VALUES. Property style, lot size, and age of construction offer such variety that a median sales price can only be used for a micro market evaluation for two very similar properties.

The neighborhoods are so unusual because property lots measure anywhere from 5,000 to 383,000 square feet.

YES, it’s that diverse!

Alba Biondi / 305 323 2595 • Isabelle Andrews P.A. / 305 546 5421 theteam@groveexperts.com

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Gated Communities in Coconut Grove • Abitare

• Bella Vista

• Four Way Lodge Estates

• The Anchorage

• Arboretum in the Grove

• Camp Biscayne

• Grove Enclave

• Treasure Trove

• Aviation Bay Villas

• Cloisters On The Bay

• Hughes Coves

• Villagio in The Grove

• Bayshore Villas

• DeGarmo Estates

• L’Hermitage

• Ye Little Wood

• Bayshore View Villas

• Estrada Estates

• Longview Villas

• The Moorings

Sample of Single-Family Homes and Luxury Townhouses Sold in Gated Communities in 2016 Community Name

Sold Price

#BR

#FB

#HB

1

Year

Sq/Ft LA

Lot Sq/Ft

THE CLOISTERS 3471 Main Hy # 1201

$ 2,675,000

5

5

3471 Main Hy # 931

$ 2,100,000

4

4

3305 S Moorings Wy

$ 8,650,000

7

7

3333 S Moorings Wy

$ 3,300,000

5

3431 N Moorings Wy

$ 3,025,000

3885 S Moorings Ct 3485 N Moorings Wy

2005

6,140

N/A

2004

5,090

N/A

2

2009

12,702

21,786

5

1

1982

5,495

11,300

5

4

1

1936

5,372

12,000

$ 2,900,000

5

5

1

2003

6,288

11,800

$ 2,750,000

5

4

1

1951

5,128

11,930

3632 Stewart Ave

$ 2,650,000

5

5

0

1925

5,080

24,000

3690 Stewart Ave

$ 2,550,000

6

6

1

1973

5,300

13,950

$ 2,425,000

5

6

1

1993

5,224

10,000

$ 2,875,000

6

5

1922

5,501

17,100

2000 S Bayshore Dr # 0

$ 1,100,000

4

4

0

1982

4,029

N/A

2000 S Bayshore Dr # 9

$ 1,150,000

4

4

1

1983

4,029

N/A

2000 S BAYSHORE DR # 10

$ 1,450,000

3

4

0

1982

4,029

N/A

2000 S Bayshore Dr # 22

$ 1,350,000

4

3

1

1982

4,029

N/A

2000 S Bayshore Dr # 54

$ 1,325,000

4

4

0

1981

3,490

N/A

THE MOORINGS

ENTRADA

TREASURE TROVE 3276 Treasure Trove YE LITTLE WOOD 3976 Little Ave L'HERMITAGE

Alba Biondi / 305 323 2595 • Isabelle Andrews P.A. / 305 546 5421 theteam@groveexperts.com

The Grove Experts ® . All Rights Reserved.

Condos in Coconut Grove Coconut Grove offers a vast array of condos at differing price points. From a small condo in West Grove to an expansive multimillion dollar penthouse with breathtaking views in one of the prestigious new buildings along the Bayshore corridor, “The Blue Sky’s The Limit”!

Among the luxury condo buildings, here are some of the finest: • Grovenor House

• Grove Hill

• Ritz Carlton Residences

• Park Grove

• Yacht Harbor

• Beacon Harbour

• Grove Isle

• The Fairchild Grove

• Grove At Grand Bay South Bayshore Drive Corridor Most of these condos offer breathtaking water views”

Sample of Condos Sold at The Grovenor in 2016 Sold Price

SP$/SqFt

Sq/Ft LA

#BR

#FB

Yr Blt

2627 S Bayshore Dr # 3002

$ 7,622,000

$ 1,101

6,920

6

6

2006

2627 S Bayshore Dr # 2501

$ 3,650,000

$ 907

4,026

4

5

2006

2627 S Bayshore Dr # 1002

$ 2,380,000

$ 1,020

2,333

3

3

2005

2627 S Bayshore Dr # 502

$ 1,675,000

$ 718

2,333

3

3

2005

2627 S Bayshore Dr # 1606

$ 1,670,000

$ 951

1,756

2

2

2005

2627 S Bayshore Dr # 606

$ 1,625,000

$ 925

1,756

2

2

2005

2627 S Bayshore Dr # 1105

$ 1,590,000

$ 905

1,756

2

2

2006

2627 S Bayshore Dr # 905

$ 1,553,000

$ 884

1,756

2

2

2005

Address

* For ALL condos sold in Coconut Grove, go to groveexperts.com

Alba Biondi / 305 323 2595 • Isabelle Andrews P.A. / 305 546 5421 theteam@groveexperts.com

The Grove Experts ® . All Rights Reserved.

Additional Tips • When using a bank loan to buy property in a flood zone, flood insurance will be required.

• For boat lovers and intrepid mariners, Coconut Grove offers sailing clubs, private and public marinas, and two private yachting clubs. Some condominiums offer deeded dock space. Most waterfront homes have seawalls and docks.

• Coconut Grove is well known for its impressive canopy of trees. Most are protected, and your neighbors will expect you to respect the lush and verdant landscape as a beloved feature of the community. Since most trees are protected, a City of Miami permit is required to trim or remove one.

Some big trees, such as the banyan, can have a negative impact on a property, so do your homework if you plan to build.

• Peacocks are the mascot of Coconut Grove. They roam freely and are prone to a screech or two now and again. These beautiful creatures are common throughout the Grove, and drivers are asked to proceed slowly at “Peacock Crossings.” Perhaps the French kings were not so fond of these magnificent birds, though, since they dined on them regularly. Coconut Grove residents (Groveites) would discourage this practice!

So, is Coconut Grove your type of neighborhood?

Do you picture yourself and your family living here, enjoying our tree-lined streets, sunrises on the Bay and dining around the Village? This is when our knowledge of the Grove comes in handy! Leave it to us to find the best properties for you in Coconut Grove.

Alba Biondi / 305 323 2595 Isabelle Andrews P.A. / 305 546 5421 theteam@groveexperts.com GroveExperts.com IsaMiami.com The Grove Experts ® . All Rights Reserved.