Best Deals in Coconut Grove

When planning your next investment, the real estate market should always come to mind. It’s the safest way to use your money! If you’re also looking to move in to a new neighborhood with your family –or only purchase a second home to go on vacation, then Coconut Grove, in Miami, Florida, is a great option. Right now, Coconut Grove is offering the best deals in the real estate market.

            One of the best things about Coconut Grove is that it’s the perfect neighborhood for your family, especially if you have small kids. Here you’ll find great schools, amazing medical attention, a great variety of entertainment options, retail, food, and so much more. Remember, real estate is all about LOCATION!

            Gables Riches is currently offering some great deals on gorgeous properties that will probably suit you and your family’s dream home. This one over here is a single-family home, with 3 bedrooms, 2 bathrooms, and 1 half bath. This 1361 sqft house is located in the heart of Coral Gables, near the Coral Gables War Memorial Youth Center, the library, high school, Publix, Barnes and Noble, and so many food places such as: Season 52, Graziano’s in the Gables, California Pizza Kitchen, and so much more... You can buy it for only $560,000 (cash only).

http://www.gablesriches.com/propdetails.aspx?mlsid=A10148909

            If you’re looking for a smaller place, then this 936 sqft property will provide you with the most comfortable and cozy environment. At only $530,000, this 1-bed/1-bath house can become your home! It was built in 2002 and it’s located at walking distance from the beach. Nearby, you’ll find Greenstreet Café, Lulu in the Grove, Jaguar, Bombay Darbar, The Fresh Market, Grove Key Marina, Regatta Park, Peacock Park, The Barnacle Historic State Park, and more.

http://www.gablesriches.com/propdetails.aspx?mlsid=A10192108

            This last property is the perfect combination of luxury and coziness. With 2 bedrooms and 1 bathroom, this is a great home for a family with one child. Why? Because of its location. The property is near Coral Gables Hospital, Pediatric Dental Center, and Digestive Medicine Associates. Also, it’s very close to Esc. Ivet Dade School, and it’s very near the beach. This is a great area for your kids to grow up, since you have it all nearby: health, education, and entertainment. It’s a great deal when it comes to Coconut Grove. You can buy it for $489,000.

http://www.gablesriches.com/propdetails.aspx?mlsid=A10187008

So, if you’re planning on moving or investing in Miami, then you should consider Coconut Grove as a great destination. These properties are in constant movement, so if you’re interested in purchasing one of them, but they’ve already been sold, the Gables Riches team can help you find another similar, perhaps even better deal.

Gables’ Renovations

 When thinking about Gables, the first thing that comes to mind is: comfort and luxury. Coral Gables, or City Beautiful, is renovating its infrastructure every day to become the most comfortable city in America.

One on Gables’ most recent projects is the enhancement of Miracle Mile. This $21.6 million project’s main goal is to renovate the whole shopping, dining, and celebration experiences, by creating an artistic, pedestrian-friendly Downtown Coral Gables. The project has an approximate timeline of 18 months, which started in mid-April. 

This is not only a project intended to make Gables a better city, but it is also a project with artistic intentions. According to the company in charge of the construction, this project is an artistic masterpiece which will most likely result in an award. Natural stones cut from Spain are going to be used for the sidewalks, and the design mimics the effect of rain descending upon a pool of water.

Also, the Museum Parking Garage #2, at 220 Aragon, and Merrick Place Parking Garage #6, at 51 Aragon, are facing some major renovations. These include painting, lighting, repair of elevator lobbies, replacement of doors, and so much more. However, during renovations, the garages will stay open. Merrick Place Parking Garage will be the first one to be renovated and then contractors will move on to Museum Parking Garage.

The constant investments on Coral Gables City are what makes it one of the most beautiful and comfortable cities to live in. Every day, the authorities are allowing and investing on more and more new projects and renovations of old ones to keep perfecting this city for its inhabitants. Go, Gables!

Nutrition Empire -- Welcome to the Neighborhood

To be positioned on the same block as Epicure Gourmet Market is what most any small retailer wants when opening up shop in a new location and that is just what happened to Nutrition Empire.  Located in the newly built Gables Ponce apartment complex on Ponce de Leon Boulevard, Nutrition Empire is in a position to succeed. 

Nutrition Empire is situated on the ground floor of the newly built phase of Gables Ponce – a new apartment complex on the corner of Ponce de Leon and Granello Avenue. The location is ideal for this health and nutrition specialty store as it is just one block from the Village at Merrick Park and Equinox Fitness in addition to being less than a mile from the University of Miami. It features nutritional supplements and health and wellness products as well as offers superb customer service by trained athletes who have are very well educated in nutrition and healthy living. 

Growing Part of Coral Gables

Most often, when you think of Coral Gables, the Miracle Mile is the first thing that pops into your head but as real estate development continues to expand, the neighborhoods and condominiums around this part of the Gables is primed and ready to grow.  Gables Ponce is an upscale apartment community built in three phases of which the first two are completed and the third is in the works.  It offers residents five-star living in a resort-like atmosphere with high end fixtures and finishes in each apartment as well as community amenities on par with most tropical resorts. 

In addition to Gables Ponce, the Residences of  Merrick Park, another apartment community, is just a block away and provides the same type of luxury apartment living.  This community is comprised of one, two and three-bedroom apartments that are open and airy with nice, spacious balconies to enjoy Florida breezes. 

AVIVA is yet another luxury apartment rental community that is situated on the other side of The Village at Merrick Park.  It has the same tropical feel that Gables Ponce and Residences of Merrick Park have and gives residents the ability to live in high end residences.      

For those who wish to own Coral Gables real estate in this vicinity, the area is 

primarily comprised of single-family home neighborhoods with multi-family housing mixed into the areas.  List prices for homes start in the mid to upper-$400s for homes in Gables Rivera and Coral Gables Country Club neighborhoods and climb into the millions.  As for condominiums, One Village Place is a short walk and features list prices between the mid-$300s and about $600K.  There are several condominiums with properties ranging in the low to mid-$200s to $500K at condominiums like Villa Capri and University Inn Condo located a short drive away.

Coming Alive

One telltale sign that an area is truly coming alive is the retailers that set up shop there.  With high-end markets like Epicure and the shops opening in the Village at Merrick Park, the area around Gables Ponce is destined to continue to show growth.

As for now, residents who are very conscious about their health are so glad to see Nutrition Empire open up to help them make smart choices for nutrition – before and after they work out at Equinox.

Gables Ponce -- Second Tower Opening July 1st

Gables Ponce is one of the newer rental apartment buildings in Coral Gables.  Its popularity has been overwhelming due to its ideal location and style.  It offers residents a relaxing atmosphere with its calming water fountains, lush and tropical landscaping and fantastic areas where everyone can congregate to revel in where they live.  And, for the icing on the cake, residents have one of the best gourmet markets at their doorsteps with Epicure Gourmet Market situated on the ground level of the building which opened at the beginning of the year. 

The first phase of Gables Ponce, completed last year, has 10 stories with 248 residences comprised of one, two, and three-bedroom units.  And, now, the second phase is about to be completed with 119 more residences ready for occupancy beginning July 1, 2014.   

Management

Gables Residential, which owns and manages Gables Ponce, is diligent about operating successful apartment buildings across the country.  With several awards for their properties, it is obvious to see what they put into the day to day tasks of Gables Ponce.

Location of Gables Ponce

Located in the center of Coral Gables, Gables Ponce is located on Ponce de Leon Boulevard and Granello Avenue within a block of the Village at Merrick Park. This location is ideal as it is within very close proximity to the Miracle Mile’s shopping and dining, the University of Miami, and Historic Coconut Grove not to mention just a short drive from Brickell and the other popular areas of Miami. 

Amenities
Gables Ponce offers tons of high-end amenities that mirror those of a five-star resort.  From the resort-style pool with tropical landscaping to the outdoor grill area, Fuego, or Club Ponce, the gaming area that is very popular with the residents.  The amenities are plentiful and make living here equivalent to living on vacation all the time.    

Rental Information

In last year’s blog, we talked about the first phase.   Now we want to feature the information about the second phase which will be ready for occupancy in less than two weeks.  Management will lease monthly rent starting at about $2,000 to $3,000 per month one and two bedroom apartments.  As an enticement, they are only asking for the first month’s rent plus $500 security deposit at lease signing with sizes ranging from 596 to 1,214 square feet.

Vacation 24/7

One thing is for sure – living at Gables Ponce is like living on vacation 24/7.  Most residents who live here now rush home from work and plan their weekends around hanging out at the pool and enjoying life at Gables Ponce. 

Gables Ponce

With the Grand Opening event wrapped just a week ago, Gables Ponce is “officially” open and ready for business.  The modern architecture with a Mediterranean-style slant complements the up and coming community’s atmosphere.  The first phase features 10 stories with 248 residences comprised of one, two, and three-bedroom units.  Located on the first level is a large retail space with Epicure Gourmet Market, occupying over 24,000 square feet, set to open later this year.

 

This apartment community of luxury, upscale apartment homes is like no other in the area.  “What has really been lacking is luxury apartments where people can stay. This is why buildings like this are so important in this part of the city,” said James Cason, Mayor, City of Coral Gables at the Grand Opening event on July 2, 2013.  Several tenants have moved in over the past couple of months as they put on the finishing touches but with the first phase completed and the second under construction, now is the time for anyone in the rental market to seriously consider Gables Ponce.

Management

Gables Ponce is owned and managed by Gables Residential which owns and operates large mixed-use, multi-family developments in major markets across the country.  Gables Residential knows how to manage apartment communities and has won awards for their successful communities where tenants have nothing but high regards for the management teams.

Location

The location of Gables Ponce is ideal in the heart of Coral Gables.  Gables Ponce is situated along Ponce de Leon Boulevard adjacent to the Village at Merrick Park.  Its location is also within very close proximity to the University of Miami, Historic Coconut Grove, and Coral Gables’ shopping and dining district along the Miracle Mile.  Additionally, Brickell and the newly renovated Design District as well as the major transportation hubs including Miami International Airport and the Port of Miami are all within a 15 minute drive. 

For Metrorail commuters, Gables Ponce is served by the Douglas Road station making it a breeze to head into Miami for work and play.  There is nothing like leaving Miami to come home to Gables Ponce every day.

Amenities

It is rare to find a rental apartment community that steps up in the way Gables Ponce does in terms of amenities. This community offers amenities that are equivalent with those of a five-star resort.  Gables Ponce not only showcases the most amazing pool area with tropical landscaping and gathering areas surrounding it, it features an elaborate game room, bar area, state of the art fitness center, a day spa and even a tricked-out demonstration kitchen.  Gables Residential leaves no stone unturned in terms of amenities. 

As for apartment homes, Gables Ponce offers the ultimate living experience with Coral Gables rentals.  From a beautiful modern kitchen with custom espresso wood cabinetry, granite counter tops, and Energy Star stainless steel appliances to the spacious bedrooms with walk-in closets to the expansive balconies overlooking Coral Gables and downtown Miami, these Coral Gables rentals are among the top apartment homes in all of South Florida. 

Rental Information

The first phase, recently completed, features one, two, and three-bedroom apartment homes with square footage ranging from just over 700 square feet for a one-bedroom unit to almost 1,200 square feet for a two-bedroom home.  Three-bedroom residences will be just over 1,400 square feet in size.  Rental rates range from just over $2,000 per month for a one-bedroom to almost $4,000 for a three-bedroom.  There are contemporary loft styled one-bedroom townhouses as well that are just over 1,100 square feet and have monthly rental rates just under $2,500.

To move in, tenants are expected to pay a deposit of $1,000 along with a $100 application fee and $350 administrative fee.  For a rental community of this caliber, the move-in fees are very reasonable.  And, as a bonus, the first month’s rent is free. 

Phase 2 is underway with completion set for around March 2014.  This phase adds another 119 units of one, two, and three-bedroom homes with additional space for retail on the ground floor.

Living on Vacation Every Day

There is nothing like living on vacation every day of the year.  At Gables Ponce, everything about the entire community screams five-star resort.  This Coral Gables rental community is without a doubt one of the most upscale of its kind.  It is no wonder that as the completion of the first phase drew near, the building was almost one-third leased on word of mouth alone!