Thursday, November 21, 2013

Top New Construction Listings in Coral Gables

Coral Gables real estate is experiencing an uptick in sales and construction.  Luxury home builders are in the process of buying lots and older homes only to destroy them and build lavish estate-style properties.  Several of the top new construction listings in Coral Gables are in established neighborhoods that have sections undergoing major overhauls to make it possible for luxury home owners to live in the heart of the Gables.  Here are several new properties that are under construction or newly built.

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10101 Lakeside Drive, Snapper Creek Lakes, List Price:  $7,490,000
Under construction by Hollub Homes in Snapper Creek Lakes, this is an unbelievable home with six bedrooms and seven baths under almost 12,000 square feet.  The plans call for a very contemporary architectural style with beautiful and tropical landscaping.  Everything expected in a modern-built home is in this home.   In addition to being Smart home ready, there is a custom club room with a bar and custom theater as well as a three-car garage.  The gourmet kitchen is large and features high-end appliances, luxury counter tops and custom cabinetry.  Windows in each room are positioned to allow wonderful views of the resort-style pool.  This home has it all and is perfect for any discriminating buyer who insists on the best of everything.  Snapper Creek Lakes is one of Coral Gables most exclusive neighborhoods.  It features a 24-hour guarded gate at the entrance and is ideal for those wanting the utmost security.   Homes listed in Snapper Creek feature list prices starting at over $4 million and climbing to about $10 million.  It offers residents the privacy that the neighborhood residents long to have.   

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6400 San Vicente Street, Coral Gables Rivera, List Price:  $3,500,000
This is a beautiful French Country home in Coral Gables Riviera that is under construction (as of October 7, 2013) and expected to be completed by the beginning of 2015.  The plans call for a 5,900+ square foot Mediterranean architectural design surrounded by tropical landscaping that blends well with the already established trees that line the streets in the neighborhood.  Inside, expect to find five bedrooms and six and a half baths in addition to details like built-ins, vaulted ceilings, an elevator, walk-in closets, wood and marble flooring, and so much more.  The large kitchen will have everything a chef wants including high-end cabinets, counter tops and appliances.  Because construction has just now started, the home owners have the ability to customize as they would like as well as buy this amazing property at a pre-construction price.  As construction progresses, the list price will more than likely increase.  Located in an established neighborhood of Coral Gables, the streets are quiet and lined with mature trees. Gables Riviera is filled with older homes that have tons of character and details that are not typically found in new developments.  New construction homes like this one include the intricate details of what we call “old Florida” along with modern conveniences and fixtures.

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5817 Riviera Avenue, Coral Gables Riviera, List Price:  $2,689,000
Another brand new construction property is situated on prestigious Riviera Drive. Surrounded by other luxury estate properties, this French colonial home features everything from an elegant, gated entry to high ceilings and perfect lush landscaping.  Most importantly, there are five bedrooms and five and a half baths under almost 5,000 square feet of living space.  One of the best highlights is the truly extraordinary gourmet kitchen.  It features everything from high-end counter tops, custom cabinetry and stainless steel appliances to a state-of-the-art wine cooler and a huge island with even more cabinet space and a large work area.  The home has so many elegant fixtures and finishes that there are too many to mention.  Some of our favorites are the custom details on the staircase, the marble flooring throughout the home, the arched entryways into each room and, of course, the walk-in closets and French doors leading out to balconies and an elegant backyard.  This is a spectacular home in an even more spectacular part of Coral Gables.  It has so much character and a warm atmosphere for everyone calls Gables Riviera home. 

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515 Caligula Avenue, Coral Gables Riviera, List Price:  $2,250,000
Here is yet another new construction home in Gables Riviera (see what we mean?).  It is situated on a quiet tree-lined street in one of George Merrick’s historic villages and combines the best combination of traditional and contemporary architecture.  It has a beautiful French Country design with straight lines to give it a modern edge.  The finishes include stone and wood floors throughout the interior along with vaulted ceilings, elegant balconies, a large kitchen with island and high-end appliances and counter tops, over-sized gathering areas and so much more.  This 4,600+ square foot home has five bedrooms, five and a half baths and is smart home ready.  Outside, home owners get the best of Florida with the tropical landscaping that surrounds the pool and poolside gazebo. With an estimated completion date of the first of the year, this is one of the most exquisite homes in the Gables.

Tons of Potential
With so many opportunities to build, rebuild or even remodel, Coral Gables is full of wonderful properties with tons of potential.  Along with newly developed areas and vacant lots in some of the most exclusive neighborhoods along the waterways, there are also older homes on large mature lots in established neighborhoods that can be demolished to build new estates.  

Tuesday, November 12, 2013

Paraiso Bay – The Icing on the Cake in the Edgewater Neighborhood

With several projects underway or about to begin, Paraiso Bay appears to be the icing on the cake in the Edgewater neighborhood.  Construction is set to begin in the next few months which will produce the most unbelievable masterpiece along Biscayne Bay that will only add to the draw towards Miami real estate

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Paraiso means paradise and is the perfect description for Paraiso Bay.  Set on five acres, there will be two, 53-story towers with approximately (345) units offering a combination of  one, two, three and four-bedrooms in residence sizes ranging from just over 900 square feet to almost 2,500 square feet.  Every residence has gorgeous bay views as there are only a maximum of seven units on each floor lined up across the building.  Along with the majestic towers, there will be a beautiful public park and beach.

Paraiso Bay Location
Situated in revitalized Edgewater, Paraiso Bay will be located on the directly on Biscayne Bay.  Up until the past few years, Edgewater was considered one of the more questionable Miami neighborhoods but has since been the focus of a strong campaign to reinvent the area to a trendy part of the city.  More and more retailers and restaurants are setting up shop in Edgewater as well as the addition of more high-rise and mid-rise condominium projects. 

Edgewater sits in very close proximity to other popular areas like the Design District, Brickell and the Wynwood Arts District not to mention being close to other parts of Miami such as South Beach which is just across the Tuttle Causeway, a few blocks north of Paraiso Bay and the Miami International Airport just 15 minutes away. 

coral-gables-real-estate
The Plans for Paraiso Bay
Under development by Jorge Perez and the Related Group, Paraiso Bay will be an unbelievable community.  The five-acre property’s plans calls for two huge residential towers and a Bay front park with a playground and more.  The best feature is that Perez has pulled off the ultimate coo by permanently closing 31st Street to accommodate the property. 

Once again, Perez is tapping Arquitectonica to handle the architecture of the property.  As for interior design, United Design of London will create a beautiful interior while Enzo Enea handles the landscaping. 

Amenities at Parasio Bay
Amenities at Paraiso Bay entail so much.  From private elevators for each unit to an enormous pool deck elevated 40 feet and encircling a 100-foot diameter “lagoon” style pool facing Biscayne Bay, Paraiso Bay has everything.  Other features include an outdoor massage area and spa, a state-of-art fitness center, a half-acre park with playground, exercise area, walking paths and sculptures by artists from the National Young Arts Foundation, and so much more.  Other amenities at the base of each tower are under consideration.

Each residence unit will be decorator-ready and face Biscayne Bay with amazing views of South Beach with a flow-through design, Subzero and Bosch high-end appliances, European-style kitchen cabinets, nine-foot ceilings, faceted glass railing balconies and more. 

Real Estate at Paraiso Bay
While still in the pre-construction phase, the units will offer one, two, three, and four-bedrooms at Paraiso Bay.  The plans suggest that each floor will have seven units with penthouses on the upper floors.  Until construction begins, buyers can put down deposits as a reservation to hold a unit until they go to contract. 

Following is a list of the premium units available:

Unit
type
Sq.Ft.
Price
View
2608
1 BE/ 1.5 BA
919
$473,900
NW corner
3108
1 BE/ 1.5 BA
919
$497,900
NW corner
4108
1 BE/ 1.5 BA
919
$518,900
NW corner
4608
1 BE/ 1.5 BA
919
$533,900
NW corner
4808
1 BE/ 1.5 BA
919
$536,900
NW corner





4207
1 BE/ 2 BA + DEN
1004
$623,900
NE corner
4807
1 BE/ 2 BA + DEN
1004
$626,900
NE corner





2902
1 BE/ 2 BA + DEN
1062
$610,900
E
3702
1 BE/ 2 BA + DEN
1062
$618,900
E
4002
1 BE/ 2 BA + DEN
1062
$627,900
E
4502
1 BE/ 2 BA + DEN
1062
$653,900
E





3206
2 BE / 2 BA + DEN
1244
$728,900
E
3506
2 BE / 2 BA + DEN
1244
$737,900
E
3906
2 BE / 2.5 BA + DEN
1244
$754,900
E
3805
2 BE / 3 BA + DEN
1322
$783,900
E










3301
4 BE / 4.5 BA + DEN
2246
$1,360,900
SE corner
4301
4 BE / 4.5 BA + DEN
2246
$1,410,900
SE corner
























As for deposits, there is a tentative payment schedule:
  • 10% with Reservations
  • 10% at Contract – December – January 2014 (tentative)
  • 10% at Groundbreaking (mid-2014) 
  • 10% at Completion of Floor 10 – Around the End of 2014
  • 10% at Top Off – mid-2015
  • 50% at Completion mid-2016

Paradise in Miami
Paraiso Bay, once completed, will be paradise in Miami for everyone who lives there.  Edgewater is being transformed into one of Miami’s top neighborhoods with Paraiso Bay offering some of the best Miami real estate


Monday, November 4, 2013

The Urban Villas at the Grove – An Enclave of Exclusive Luxury

Talk about a crème de la crème community!   The Urban Villas at the Grove is the embodiment of exclusive luxury with only four large townhouses situated in the tiny enclave.  Situated in a part of Coconut Grove where small townhouse communities are becoming the norm, the Urban Villas at the Grove adds to the revitalization of Coconut Grove real estate in the area.  Under construction, completion is tentatively set for early 2014 for the three-bedroom, two-and-a-half bath homes.
coconut-grove-homes-for-sale

Location
The Urban Villas are located in the center of Coconut Grove with parks and other Coconut Grove highlights within walking distance or a really short drive.  Coconut Grove has a lot of history as it is the oldest continuously inhabited city in Miami-Dade County.  It is adjacent to Coral Gables and only about 15 minutes from Brickell and Downtown Miami. 

Amenities of the Urban Villas at the Grove
Contemporary elegance is the perfect description of the Urban Villas at the Grove.  In an area of Coconut Grove where the classic Mediterranean architecture is the character of most of the surrounding homes, the Urban Villas stand apart from the rest with sleek lines and an modern appeal.  There are high ceilings, formal living and dining rooms, and the finest details throughout the each home.  The two- residences feature three bedrooms and two-and-a-half baths and upper floor balconies.  The master is large and includes a master bath with dual sinks, spa tub & shower, and a bidet. The gourmet kitchen is large and has stainless steel appliances, granite counter tops, and beautiful contemporary custom cabinetry along with a center island. Outside, each home has a pool with a covered patio and deck as well as tropical landscaping, electronic security gates and more.  Along with the one-car garage, there is room for additional parking.

coconut-grove-real-estate
Real Estate at the Urban Villas at the Grove
Each residence in this exclusive enclave encompasses 3,800 square feet of living space.  With the Urban Villa's scheduled completion in early 2014, each is listed at $699,000.  Real estate list prices and home values in the immediate vicinity vary with some starting as low as the mid-$200s for older, smaller properties in need of major overhauls to over $700K for newly constructed homes within a few blocks. 

Bringing a New Appeal to an Established Area
The Urban Villas at the Grove is bringing a new appeal to an established area in Coconut Grove.  These townhouses convey a contemporary flair that adds a sense of beauty and sophistication.  Coconut Grove real estate offers some of the most exclusive and sought after properties in all of Miami-Dade as well as Florida.  With more and more projects in the works, this part of Coconut Grove is getting a wonderful makeover. 
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