Top Five Coral Gables Rental Properties Under $10,000

For many Coral Gables residents, their time there is temporary.  Foreign nationals, corporate executives or, even those who want a change in scenery head to the Miami area for extended stays to enjoy the warm sunshine and outdoor activities as well as the business opportunities that abound in this part of the country.  
There are tons of options for Coral Gables rentals for those who plan to live in the area for a longer than normal period of time or those who are interested in investing in larger rental properties.  Rental rates vary greatly from as low as around $1,500 per month for smaller, dated properties to over $20,000 per month for a beautiful estate home in one of the Gable’s exclusive gated neighborhoods.  With all of the rental options, following are the top five vacation rental homes under $10,000 per month.

Gables by the Sea Rentals

 13005 Zambrana Street, Gables by the Sea, Rental Rate:  $8,750/month
Gables by the Sea is a very popular, upscale and gated community in Coral Gables.  This annual rental is a canal-front home with four-bedrooms and three-baths in a  split floor plan that features covered parking for four vehicles, a wonderful updated kitchen with breakfast area, two master bedroom suites, walk-in closets in all bedrooms, a laundry room with tons of storage, impact windows, and a private dock with lift and a 100-foot seawall.  The canal is wide and deep and accommodates larger vessels with no bridges in the short ride into Biscayne Bay.

12855 Red Road, Coral Gables, Rental Rate:  $8,500/month
Enjoy staying in this beautiful Mediterranean-designed custom home with tons of amenities.  Enjoy the outdoors with a grotto pool with heated Jacuzzi tub and large covered terrace looking out onto panoramic water views or spending time indoors on any of the three floors with an elevator to each one that features a large laundry room, huge gourmet kitchen with high-end appliances and granite counter tops, private master suite with a spa-like master bath, two terraces on the second floor, and so much more.  Additionally, there is an emergency power generator, an electric gate at the property entrance, surveillance cameras and professional lighting for maximum security.   This home allows visitors to live like the upper echelon while spending time in Coral Gables.  

Coral Gables Riviera Rentals

6845 Veronese Street, Coral Gables Riviera, Rental Rate:  $8,500/month
For anyone who plans on an extended stay in Coral Gables or is not ready to buy a home but still wants to live in a luxurious home, this Gables Riviera annual rental is perfect.  Renovated with in an addition in 2011, it has five bedrooms and five baths with two master suites.  The upstairs master features a kitchenette while the second master is downstairs.  In addition, the rooms are open and spacious with Saturnia and wood floors throughout both floors.  Outside, the heated pool is larger in size and provides a relaxing atmosphere.  Additionally, there is a private covered terrace and indoor outdoor surround sound and internet accessible security cameras.  Situated in the perfect spot, this home is close to Coconut Grove, the Miracle Mile and the area marinas for entertainment, shopping and dining.  

Deering Bay Rentals

13621 Deering Bay Drive, #101, Milano at Deering Bay, Rental Rate:  $7,800/month
Living in this 2,800+ Deering Bay condo rental is like living in a single family home with all the amenities of a five-star resort.  Residents enjoy 12-foot ceilings, contemporary design, fixtures and finishes as well as a private terrace with lush landscaping, three bedrooms and three baths, and a large, gourmet kitchen with granite counter tops and stainless steel appliances.  Other community amenities include a beautiful outdoor pool with tropical landscaping and more.  The home looks out over the golf course at Deering Bay Yacht and Country Club.  This monthly rental is based on an annual lease.  

Gables by the Sea Rentals

1385 Bella Vista Avenue, Gables by the Sea, Rental Rate:  $7,500/month
In exclusive and gated Gables by the Sea is this wonderful and privately gated executive home that features lots of unique fixtures and finishes as well as a large kitchen with cooking island and breakfast nook, large pool with deck for entertaining and balcony overlooking the wide canals, tons of storage and open rooms with tons of space.  Additionally, there is a built-in shutter protection system with accordion and motorized shutters.  Perfect for families, this home is within walking distance to top rated public and private schools.  

An Elite Lifestyle
Many of the Coral Gables rental homes offer residents an elite lifestyle.  With these homes and others, it is possible for those living in Coral Gables for an extended period of time to live in a home similar to those in which they are accustom to living.  Coral Gables is a fantastic city in Miami-Dade County and the real estate reflects what it has to offer.

Sunrise Harbour - Coral Gables

Coral Gables is one of Miami-Dade's most luxurious cities.  Several neighborhoods like Sunrise Harbour take this luxury to a new level.  As one of the exclusive gated communities, it is filled with gracious estate-size homes.  Sunrise Harbour is a neighborhood that houses only about 80 homes and is an ideal neighborhood for families seeking larger homes in a tranquil location.  The landscaping around the beautiful homes and throughout the neighborhood features lush and tropical trees and plants that are native to this South Florida and offer a true feeling of living in paradise.  

Sunrise Harbour Locale

Situated in the northern portion of Coral Gables, known as "North Gables," Sunrise Harbour is surrounded by other exclusive neighborhoods like Gables Estates, Snapper Creek Lake, Cocoplum, Tahiti Beach, and others.   It is in close proximity to Coconut Grove and all it has to offer as well as well-known sites such as the famed Coral Gable’s Miracle Mile, Fairchild Botanical Gardens, Vizcaya Museum and the area's top public and private schools.  Sunrise Harbour is only a 15-minute drive from Brickell and the Design District and a 30-minute drive from Miami International Airport and the Miami beaches.  

Sunrise Harbour Highlights

Sunrise Harbour features several streets each flanked by deep and wide canals that offer easy access into Biscayne Bay with no bridges.  In fact, the homes situated at the end of the streets face out onto Biscayne Bay.  With only waterfront homes, most feature large docks that accommodate mega yachts and multiple vessels as most homeowners enjoy living on the water and choose to live in Sunrise Harbour because of its location.  This small and close-knit community enjoys the security and safety of living in a gated community that is a little off the beaten path.  

Sunrise Harbour homes offer amenities expected in homes of this caliber.  As an older neighborhood with homes built as early as the late 1960s and early 1970s, it is not uncommon for properties to be purchased only to demolish the current home in order to build a new estate size home with many amenities.  Older homes offer a classic "Florida-style" appeal in their architecture but, for the most part, have been updated or remodeled inside to include gourmet kitchens and high-end fixtures and finishes.  Additionally, residents make the most out of life in such a glamorous and sophisticated neighborhood with extensive outdoor living areas that include outdoor kitchens and resort-like pool areas that open up to the beautiful panoramic views of the Bay.  

Sunrise Harbour Real Estate 

With only about 80 homes in Sunrise Harbour, there are never more than a handful of homes for sale at any given point in time.  Home values range from about $1.5 million to over $10 million mainly depending on the location, size and condition of the homes, and the views.  Currently, there are five Sunrise Harbour properties for sale with list prices falling between about $2.4 million and almost $9 million.  One property is listed for sale at just under $6 million and is a point lot facing out onto Biscayne Bay.  Because the home is much older and dated, the list price is based primarily on the value of the lot.  

Over the past six months, six homes have sold with sale prices between $2 million and just over $4.1 million.  Most homes take about six months to sell on average but because of the size and amounts paid for each home, this is not uncommon.   

A Perfect Coral Gables Neighborhood

When it comes to looking at Coral Gables real estate, Sunrise Harbour is a perfect Coral Gables neighborhood.  It exudes all the class and grace that one at this level must have without the pretense that is found elsewhere throughout the area.  For those seeking an elite community with the safety of being gated and the tranquility of being set back away from all the excitement for which the area is known, Sunrise Harbour real estate meets and exceeds the expectations of anyone interested in this kind of property.

Gables Marquis

Gables Marquis is a somewhat new condominium in Coral Gables.  Built in 2007, this 20-story building with 177 units stands out along the Coral Gables skyline with its distinctive architecture.  It is a very popular condominium with those in search of Coral Gables real estate as a second or vacation home as well as retirees who relocate to the area. 

  

Gables Marquis adds a touch of contemporary to an upscale area that has tons to offer its residents in terms of golf, boating, its close proximity to other popular areas of Miami Dade County and more.

Location of Gables Marquis

Located at 3232 SW 22 Street, in the heart of Coral Gables, Gables Marquis is just a couple of blocks from the famed Miracle Mile for which Coral Gables is known.  The condominium features unbelievable views of Coconut Grove, Sailboat Key and the unbelievable Miami skyline. 

Coral Gables is a beautiful city in Miami Dade County that is known for its upscale atmosphere and excellent shopping.   It caters to an upper echelon crowd that enjoys the finest shopping, dining, arts and culture.  Its location is ideal for those who want to go to Miami for some fun or the Miami beaches for a day in the sun.  Additionally, it is close to the major transportation hubs and traffic arteries.   Without a doubt, Coral Gables is one of the most stunning cities in all of the state of Florida.

Amenities

Gables Marquis has a modern feel to the architecture with the palazzo pool situated on a lush and tropically landscaped deck with white cabanas and pool attendants.  Other community amenities include 24-hour complimentary valet parking, concierge service, wireless high speed internet  throughout the community, a perfectly appointed club house, contemporary-designed lobby area, high speed elevators and more.

Residents enjoy perfectly decorated residences with a nice, open kitchen that has high-end stainless steel appliances and granite counter tops with lots of work space, spa-like bathrooms with marble countertops and flooring, a large master bedroom with walk-in closet in addition to other great features and finishes.

Real Estate at Gables Marquis

Gables Marquis real estate is very much in demand.  Because the condominium features more affordable units along with amenities in condominiums with much higher priced residences, there are always only a few residences available for sale.  List prices in Gables Marquis are typically priced between the upper-$100s for one-bedroom homes and the mid to upper-$300s for three bedrooms.  Currently there are only two properties for sale priced from the mid-$200s to mid-$300s. 

Over the past six months, only five homes sold (all two-bedroom units) with sale prices from just under $200K to almost $300K.  The average number of days on the market for those five properties was only 78 days.  

For investors, Gables Marquis is an incredible investment opportunity.  Owners of Gables Marquis rental property can lease their units up to three times per year for a minimum of 90 days each.  Monthly rental rates range from about $1,300 to over $2,400.  

Affordable Luxury

Gables Marquis real estate is the epitome of affordable luxury when it comes to living in Coral Gables.  With all that it has to offer and the incredible list prices for a condominium in such a prime location, opportunities to own a home in Gables Marquis is one of which the most savvy real estate buyers take hold.  

L'Hermitage -- Coconut Grove

L’Hermitage is a wonderfully secluded townhome community in the Coconut Grove section of Miami-Dade County.  This exclusive enclave has only 75 Mediterranean style townhomes with many of them facing out onto Biscayne Bay.  Constructed in the early 1980's, the townhomes features clusters of eight to 10 residences around cul-de-sacs throughout the community.  L’Hermitage real estate appeals to those who want to feel like they still live in a single family home but have the conveniences of living in a condominium style community. 

Location

Located in in Coconut Grove, L’Hermitage is situated along Biscayne Bay.  L’Hermitage is just a short drive to Coconut Grove’s historic district and excellent shopping and dining at the famed CocoWalk.  It is tucked away from the hustle and bustle in its own tranquil and tropical setting. 

Coconut Grove is just five minutes away from Brickell, 15 minutes from Miami International Airport, 10 minutes from Coral Gables’ famed Magnificent Mile and only 15 minutes from Key Biscayne and Miami Beach.

L’Hermitage Amenities

A lot of amenities come with living in L’Hermitage Coconut Grove that adds to the comfort of living in this exclusive community.  From the beautiful gated entrance with a 24-hour guard to the tennis courts, private docks and community pool with tropical landscaping, residents have all the niceties of living at a five-star resort. 

Individual residences are designed like a Mediterranean Villa right down (or up as the case may be) to the Spanish tile roofs.  The three story residences feature main living areas on the second level with two-car garages and an additional living area on the first level and bedrooms on the third level.  Some of the larger townhomes even have elevators.  While many of the residences have been remodeled or updated, every residence has tons of space with total square feet between

approximately 3,400 and just over 4,000.   Not only do they have large master suites and gourmet kitchens with updated appliances, they have the most inviting screened in patios ideal for morning coffee or afternoon tea.  Because the homes are individually owned, each one has an individual style and design elements.

L’Hermitage Real Estate

L’Hermitage Coconut Grove real estate offers a level of exclusivity found in only the most elite townhome communities in Miami-Dade County.  This is a very popular community with buyers wanting a second home in South Florida, international buyers who conduct business in the area and retirees who have relocated or downsized from larger single family homes.  Even though most of the homes are owner-occupied, this is an excellent opportunity for investors who desire to own Coconut Grove rental property at L’Hermitage. 

List prices typically start at about the $1 million mark and climb to over $2 million depending on the size, location in the community and the view.  In 2012, three units sold with sale prices ranging from the upper $900s to over $2 million.  In terms of additional costs for homeowners, there is a monthly HOA fee fluctuating between $1,100 to over $3,400 (subject to change).

As for Coconut Grove rental property, occasionally, there are opportunities to rent property at L’Hermitage Coconut Grove.  When these properties come available, they are typically swiped up in the blink of an eye.   When there is a rental property, monthly rental rates usually fall between $5,000 and $8,000.

A Secluded Tropical Oasis in Coconut Grove

Coconut Grove, in and of itself, is a very chic and exclusive part of Miami-Dade County.  L’Hermitage offers a secluded tropical oasis within Coconut Grove.  It is easy to see why so many have the desire to live here.  When the opportunity arises, buyers who want the convenience of a condominium, lean towards L’Hermitage real estate because they get the best of both worlds.   

The Top Five New Construction Homes in Coral Gables

With the real estate market rebounding in Miami-Dade County and home sales increasing over 10 percent in the last year, new home construction is also on the rise.  In terms of Coral Gables real estate, there are several properties in gated communities that include detailed plans by renowned Miami architects.  Whether a Mediterranean or more contemporary style home, the one common element is that each home is grand in its design and situated on large, mature lots. The following are the top five new construction homes in Coral Gables.

325 Leucadendra Drive, Gables Estates, List Price:  $10,900,000

This is a huge opportunity to build a beautiful Rafael Portuondo designed home on a prime waterfront lot in exclusive Gables Estates.  Known for designing some of the grandest homes in Coral Gables and Miami, the plans for this home include nine bedrooms of which two are master bedrooms; nine full baths; two half baths; a large gourmet kitchen; four-car garage; and, resort style pool surrounded by tropical landscaping and facing a private dock on a deep canal with direct access to Biscayne Bay.  For interested buyers, plans and more detailed information are available upon request.

10101 Sabal Palm Avenue, Snapper Creek Lakes, List Price:  $9,900,000

Built in 2012 and designed by Jorge L. Hernandez, this Mediterranean estate with a modern flair is situated on a corner lot with the ideal combination of indoor and outdoor living.  Homeowners will enjoy living in such a tropical paradise with mature trees and vegetation surrounding their home.  The newly built home features open rooms, high-end fixtures and finishes as well as an enormous outdoor living area with terraces and patios.  With almost 12,000 square feet of living space, this Snapper Creek Lakes home is luxury living at its finest. 

10101 Lakeside Drive, Snapper Creek Lakes, List Price: $7,250,000

Luxury home builder, Hollub Homes has designed this modern estate in guard-gated Snapper Creek Lakes.  Under construction, the plans show an inviting appeal with a natural flow throughout the entire home.  The 9,000+ square foot home set on 1.25 acres features six bedrooms and seven and a half baths; smart technology; beautiful and large gourmet kitchen and family room; a game room; three-car garage; and, elaborate pool area.  Buyers have the opportunity to put the finishing touches on the home to add their own personality.

340 Leucadendra Drive, Gables Estates, List Price:  $7,200,000

Another unbelievable home is ready for construction in gated Gables Estates.  The plans, designed by renowned architect, Ramon Pacheco, call for an enormous 16,000+ square foot estate with contemporary design and large open rooms, floor to ceiling windows, balconies, sundecks and a large pool.  Additionally, the backyard faces a private dock with direct access to Biscayne Bay.  Because the plans are completed and all permits have been handled, the construction is ready to get underway.

6825 Veronese Street, Coral Gables Riviera, List Price:  $2,400,000

This beautiful European-style estate, Villa Veronese, features plans that show a 4,900+ square foot home with five-bedrooms and five and a half baths.  The details are superb with open rooms, terraces, loggias and so much more.  High end finishes and fixtures will give this unbelievable estate that joy de vivre to make it one of the most exclusive in Coral Gables Riviera. 

More Opportunities to Build

In addition to these beautiful homes on the horizon, there are more opportunities to build a Coral Gables luxury home on one of several multi-million dollar Coral Gables vacant lots just waiting for buyers.  With the renowned area architects who have designed some of Miami-Dade’s most exclusive homes, building a dream home is as easy as 1-2-3!

Buying Cocoplum Real Estate for Under $2.5 Million

Coral Gables is a part of Miami-Dade County that exudes history and culture unlike any other part of the area.  These great qualities draw some of the most elite residents to live in one of the exclusive neighborhoods like Cocoplum.  As one of the most affluent areas of Coral Gables, Cocoplum offers the privacy and security on which residents of this distinction insist.  Inside this low-key neighborhood with winding streets, lush tropical landscaping, a private yacht club and marina, tennis courts, and more, residents find a tranquil refuge to call home.

The estate-size homes in Cocoplum vary with options of waterfront and non-waterfront homes as well as wide-ranging architectural styles that bring together the old charm of Florida, the truly traditional, and the newly constructed homes with a Mediterranean flair.  With home values ranging from about $1 million to well over $10 million, potential buyers have the ability to buy Cocoplum real estate for under $2.5 million.

FOR SALE IN COCOPLUM,CORAL GABLES

8400 Old Cutler Road, List Price:  $1,650,000

Situated on the edge of Cocoplum and Gables Estates, this lovely home is tucked away on a lot just over an acre of beautiful and mature tropical foliage.  With four bedrooms and three and a half baths, it is a wonderful opportunity to own a gated home with French doors, screened porches, lots of space and unique architectural characteristics throughout the inside.  There is certainly room for a pool and extensive patio on the property and so many more updates.

139 Rosale Court, List Price:  $2,350,000

High ceilings, large and spacious rooms, and a formal living room and dining room are just some of the special features of this home.  With a tall privacy hedge, it is ideal for a buyer looking for complete privacy.  The open family room leads out to a large covered terrace and pool and outdoor living area surrounded by perfect landscaping.  This home is also very close to the Club and perfect for a family as it is also close to excellent public and private schools in Coral Gables.

8303 Old Cutler Road, List Price:  $2,395,000

This contemporary-designed home is another that is situated inside Cocoplum but very close to Gables Estates. Updated in 2003, this one-story home is gated for privacy on a lot that is just less than one acre.  It features a brick paver circular driveway and includes both formals and a large gourmet kitchen with high-line, stainless steel appliances and granite counter tops as well as a large family room that leads out to a great patio with built-in pool, summer kitchen, and perfect landscaping.  The large master bedroom includes a grand master bath and unbelievable his and hers walk-in closets.  This is truly a dream home.

7133 West Lago Drive, List Price:  $2,475,000

This gorgeous Mediterranean styled home is set away from the street on quiet cul-de-sac. Fully updated, this home has excellent curb appeal with a beautiful entrance that leads to a tranquil retreat.  Some of the features include both formals, a huge, newly updated gourmet kitchen that leads to a large family room.  The tropical terrace overlooks an elegant pool area, cabana bath and lush backyard.  The large master suite opens up to its own balcony and has large walk-in closets and an elegant master bath.  The best part about this home is that it is vacant and ready for new owners.

280 Carabela Court, List Price:  $2,490,000

Huge windows let in tons of light everywhere in this contemporary home that is situated on a corner lot in the Marina section of Cocoplum. With double volume ceilings and large, open spaces, this is a fabulous home.  It features a huge, downstairs master suite with his and hers bathrooms (now we are talking), a large gourmet, eat-in kitchen with updated high-end appliances and French doors that open to covered terrace and private pool/patio area.  A second family room with open loft is upstairs with three bedrooms that have private baths and walk-in closets. 

275 Veleros Court, List Price:  $2,495,000

One of only two canal-front homes priced under $2.5 million, this home is ideal for boaters as it has a 75-foot dock and direct access to Biscayne Bay and the ocean.  The home is contemporary in its design but still very warm and welcoming with lush and tropical landscaping.  With an open floor plan that features a gourmet kitchen that was remodeled in 2006, the entire home is open and airy.  Unique details like a flagstone floor and wood-beamed ceilings in the glassed-in sunroom and a stone, floor to ceiling fireplace in the enormous family room are just some of the features that stand out in this wonderful home. 

181 Vera Court, List Price:  $2,499,000

As the second of two canal-front homes priced under $2.5 million, this is truly a luxurious home with no details omitted.  From the elaborate fixtures and finishes throughout the home to the unbelievable chef’s kitchen with high-end appliances and granite counter tops, this home is well thought out in its planning.  A large pool area and manicured backyard are adjacent to a large private dock with lift on a wide and deep canal that has direct access to Biscayne Bay.

Live in Cocoplum

Cocoplum is an ideal neighborhood for full-time and part-time residents.  Upon driving through this gated community, it is easy to see why so many people want to live here.  While it is a very high-end neighborhood, there are lots of opportunities to live on or off the water.  Cocoplum real estate draws tons of “Ooo’s” and “Ahh’s from many people throughout Miami-Dade County and it is very easy to see why.  

Coral Gables Riviera

Coral Gables Riviera is the kind of neighborhood that appeals to a broad range of homeowners.  From older homes in contemporary and traditional styles to newly constructed Mediterranean estate-like homes, there is definitely a home to fit most needs and desires as well as accommodate buyers looking for a permanent residence, vacation home or investment property.

Coral Gables Riviera Location

As a fairly large neighborhood, Coral Gables Riviera is situated just a short jaunt from Merrick Park, the University of Miami and the exclusive Riviera Country Club.  West of Coconut Grove, the residents of Coral Gables Riviera enjoy spending time shopping, dining and enjoying everything in Coconut Grove.   

Coral Gables Riviera Highlights

Coral Gables Riviera is bound by 72^nd Street to the south and considered by some realtors as part of the Coral Gables Platinum Triangle.  This elite part of Coral Gables is home to some of the most exclusive homes in this stylish Miami-Dade County city.  Considered a waterfront community, some of the homes back up to Coral Gables waterways and provide access into Biscayne Bay while others are surrounded by land and tropical, green foliage.  The waterfront homes have direct access to Biscayne Bay with fixed bridges.  The fixed bridges along the area waterways have 7 to18-foot clearances and accommodate boats 20 to 40-feet.   

For golf lovers, the Riviera Country Club is very close to Coral Gables Riviera making it easy for residents to hit the links.  And families find the neighborhood ideal as it is close to some of the best private and public schools in the entire state. 

Real Estate in Coral Gables Riviera

CoralGables Riviera real estate features some of the most beautiful estate homes in all of Coral Gables.  On that same note, the neighborhood is also home to the quaintest and coziest Florida bungalows that showcase unique characteristics and charm.  One thing that all the homes in this exclusive neighborhood have in common is the care and lush landscaping that surround each and every home. 

Throughout the community, architectural styles vary from classic “old Florida” bungalows built in the early to mid-1900s to newly-built mammoth estates and everything in between them.  Many of the older homes have either been remodeled over the years to incorporate modern amenities and updates or are in need of some tender loving care. 

Because the home values range from just under $500K into the multi-millions, Coral Gables Rivierareal estate appeals to many different buyers.  Currently, there are 46 homes listed for sale with prices falling between $460K and just under $7 million.  There is also a lot for sale in the mid-$300s. 

Recent sales indicate that almost 30 homes have already sold in Coral Gables Riviera since the beginning of 2013 with a wide range of sale prices between $360K for a home in need of remodeling and $3.75 million.  And, more importantly, the average number of days on the market is only 62 days.  The interesting thing to note is that only three of the 28 properties that sold were on the market more than 100 days. 

In terms of Coral Gables Riviera rentals, because there is such a wide range of homes, it is common for investors to seek out investment property in this neighborhood.  For those who go this route, monthly rental rates typically range from about $2,000 to over $9,000. 

A Very Desirable Neighborhood

Coral Gables Riviera is a very desirable neighborhood that appeals to a diverse group of home buyers.  No matter the size or style of home, this is a neighborhood where the residents love where they live and take great pride in preserving the appearance and atmosphere.  It is definitely a top pick in Coral Gablesreal estate.

Mutiny Park -- Coconut Grove

Mutiny Park is a beautiful condominium in Coconut Grove that was built in 2001. With 22 stories and 211 condominium residences, Mutiny Park lends itself more as a boutique Coconut Grove condominium because of its warm and inviting atmosphere.  Its setting in Coconut Grove only adds to the ambiance of living at Mutiny Park. 

Developed by the Flagler Group, which also developed the Meridian in South Beach, Mutiny Park was built in conjunction with the Sonesta Hotel as one of the area’s first condo-hotel projects in Miami-Dade County.  In a 2001 Miami Today article, Ricardo Dunin, President of the Flagler Group, stated that "condo-hotels such as Mutiny Park are in great demand among South Americans and Europeans who travel here frequently."  The success of this initial project by the Flagler Group was evident before construction was completed when about 65 percent of the units were sold at top off.  

Location
Located at 2889 McFarlane Road, in the heart of Coconut Grove, Mutiny Park is situated in an ideal location within walking distance to Dinner Key Marina, Coco Walk and all that Coconut Grove has to offer.  Coconut Grove real estate appeals to many area celebrities and professional athletes as it is an exclusive part of Miami-Dade County that offers residents a quaint atmosphere and lots of privacy.   As a village within the city of Coral Gables, it is a top destination for anyone living or visiting in the area.

Amenities
Homeowners at Mutiny Park enjoy the use of the Sonesta Hotel’s amenities that include a resort-style swimming pool and luxurious pool deck on the 8th floor, a fully equipped, state of the art fitness center located on the top floor that offers the most amazing views from the floor to ceiling windows, 24-hour security and concierge as well as valet parking and a 24-hour, self-service business center.  Other amenities include assigned parking associated with the owners’ units, free shuttle service to the sister property, Sonesta Beach Resort at Key Biscayne, and the most amazing Bay and city views.  High-end retail shops and excellent restaurants on the ground level of the property add to the convenience of living at Mutiny Park.  Amenities in each residence include large balconies, walk-in closets, well-appointed details, and updated kitchens with stainless steel appliances and granite counter tops.  And, best of all, Mutiny Park allows owners and guests to have their beloved pets in the residences.

Real Estate Information
Mutiny Park is most attractive to those who have retired to sunny Florida as well as part-time residents and investors and features one to four bedroom units of which many are turn-key furnished.  Sizes of the units range from 365 square feet to 2,358 square feet.   List prices range from the upper-$100s to about $1.7 million.  Recent sales indicate that five units have sold since January 2013 with sale prices ranging from the mid-$200s to almost $900K while 11 units sold in 2012 between the mid-$100s to over $600K.  

An ideal investment for part-time residents and investors, owning at Mutiny Park affords owners the ability to place their units into the hotel’s rental pool which are very popular with visitors who spend winters in Florida.   Mutiny Park rentals typically have monthly rates between just under $2,000 for a studio and about $7,000 for an upper floor, three-bedroom unit.  Rental rates vary depending on the size and location of the unit.

An Excellent Investment
The location, quality and amenities alone make Mutiny Park an excellent investment in Coconut Grove real estate.  When adding the advantage of using Sonesta Hotel’s rental program and its management services, the investment is even more enhanced.  Coconut Grove is an exclusive area in Miami-Dade in which many enjoy spending time.  Mutiny Park enhances the experience with everything in and around the property.  

Top Five Homes In Coconut Grove

As beautiful as Coral Gables is, much of the real estate emphasis is placed on condominium living.  Because it is such a “resort-style” area, Coral Gables attracts many vacation home owners and investors.  But, in a part of the city lies one of the most elite areas in all of Miami-Dade County – we are talking about Coconut Grove.

 

There is a lot of history behind Coconut Grove as it is the oldest continuously inhabited neighborhood of Miami in all of Miami-Dade County.  Many notable professional athletes and other celebrities make their homes or have owned homes in the exclusive communities within Coconut Grove because of the atmosphere and the fact that while it is as luxurious and affluent as many affluent areas of the city of Miami, it is kind off the beaten path and offers privacy and a quieter lifestyle.

Coconut Grove real estate reflects this atmosphere and lifestyle with elegant and beautiful estates in some of the most elite neighborhoods in all of Miami-Dade County.  While the homes are architecturally different, their common attributes are the exclusivity of the neighborhoods, the privacy, and the absolute magnificence of the homes.  To highlight this level of real estate, following are the top five single family homes on the market in Coconut Grove. 

Homes for Sale in Hughes Cove

Hughes Cove is, without a doubt, one of Florida’s most elite communities.  Its draw for decadent living is obvious in the size and detail of each home in the small neighborhood.  With such a small number of homes set on multiple lots, the neighborhood features its own park, private dock and tennis courts secured with a gated entry and perimeter security wall.

3310 Devon Court, Hughes Cove, List Price:  $12,900,000

Built in 2003, this estate home exudes perfection.  The contemporary Italian-style architecture of the home showcases very unique finishes and details.  Situated on three lots, it offers five bedrooms, SMART home capabilities and the added extra of a rooftop haven.   Owners who enjoy entertaining will be enthralled with this home as the formal dining room accommodates 14+ with the outdoor dining area over 20.  On the Bay, the home features a gorgeous pool that overlooks the Bay and is close to the best public and private schools in the area as well as the quaint business district in Coconut Grove.

3316 Devon Court, Hughes Cove, List Price:  $12,000,000

Newly built in 2010, this home exudes privacy sitting on two walled lots and only 250’ off the Bay.  It features detailed finishes, an amazing kitchen with custom cabinetry and high-end appliances, mahogany doors, a gas fireplace, private library and an elaborate floating staircase that exposes all floors.  Along with elevator that goes to every floor, there is also a beautiful rooftop patio with cook area and unbelievable views of the Bay.  Additionally, there is a saltwater pool and deeded boat slip that is just a few steps away from the home.  No detail is left out in this magnificent work of architecture.

Homes for Sale in The Moorings

The Moorings is a gated community filled with large multi-million dollar estates many of which have private docks as well as the most stunning landscaping throughout the entire community.  Homes are extravagant in their appearance and amenities.  Situated near the home to the renowned CoCo Walk, The Moorings is a very relaxed community where residents buy here and stay here.  Be aware that when a home comes on the market in The Moorings, it is gobbled up quickly so it is necessary to be ready to move when this happens.  Close to top schools as well as Coconut Grove shops and dining, this is an ideal neighborhood for families and those seeking a generous amount of privacy.

3467 North Moorings Way, The Moorings, List Price:  $11,900,000

Built in 1929, this classic old Florida estate with a Mediterranean feel was remodeled and restored in 2002 to showcase updated fixtures and finishes while still maintaining the quality and uniqueness that only a home of that era has.  From the beautiful, intricate wood beamed ceilings to the custom made staircase to the handsome arches in interior doorways and entries, this home is a sight to behold.  On the grounds, perfect landscaping surrounds a beautiful lily pond as well as a multitude of gardens, a gorgeous pool, loggias and courtyards that offer a tropical oasis unlike any other.  Multiple large patios offer amazing Bay views.

Homes for Sale in The Anchorage

Inside this tiny enclave of only eight homes, residents in The Anchorage enjoy living in a very exclusive community that is far away from the rest of the world but still close enough to walk into Historic Coconut Grove and its quaint shops and restaurants.  With estate style homes topping 10,000 square feet, this 24-hour, guard-gated community is home to the most discerning and affluent residents in all of Miami-Dade County.

3501 Anchorage Way, The Anchorage, List Price:  $7,490,000

This unbelievable tri-level home is situated on the water and features beautiful Bay view.  With over 10,000 square feet of living space, there are seven bedrooms and eight and a half baths as well as large rooms ideal for entertaining and large terraces that offer the ultimate in relaxation.  An outdoor living area with bar and kitchen leads out to a crystal pool that overlooks a private dock and the bay.  An amazing kitchen with tons of counter space, high-end appliances and more awaits anyone with a love for cooking.  Other amenities that can only be found in a home of this caliber are a massage room, elegant bedrooms and spa-like baths, media room and large dining room that accommodates large parties.

   

Homes for Sale in Crystal Bluff Addition

The next featured neighborhood is Crystal Bluff.  Not only is it gated but also walled and offers neighborhood patrol for maximum privacy and security.  Homes in Crystal Bluff are priced at levels starting at about $1 million and vary in size from modest 3,000+ square foot homes to larger homes that top 8,000 square feet.  This is a lovely neighborhood that features a nice walkway to an area that overlooks the Bay as well as Grove Isle.  With waterfront homes as well as interior lot homes, there are lots of styles of homes that appeal to different buyers. 

1872 South Bayshore Lane, Crystal Bluff Addition, List Price:  $6,749,000

This beautiful Mediterranean home faces Biscayne Bay and features an inviting patio area surrounding an infinity pool that seems to spill into the bay.  A chef’s dream kitchen with cooking island, tons of cabinets and high-end appliances as well as an elegant master bedroom and unbelievable bath make this a home in which potential buyers take notice.  In addition to the main home, there is a small, two-bedroom guest house or along with staff quarters and garage. 

The Elite of the Elite

The gated Coconut Grove neighborhoods cater to the elite of the elite.  With these grand estates tucked away in quiet secure neighborhoods, it is no wonder that the most affluent residents in Miami-Dade County choose to live in Coconut Grove. 

Journey's End -- A Tropical Oasis in Coral Gables

Located in South Coral Gables adjacent to some of the most exclusive homes in all Miami-Dade County is the neighborhood of Journey’s End.  This small enclave of only 18 homes, most of which are waterfront properties, offer the most beautiful landscaped estates for the most discerning and private home owners. 

Location

Journey’s End is situated in a part of Coral Gables that is home to luxury estate neighborhoods.  Adjacent to the Fairchild Tropical Botanic Garden and Matheson Hammock State Park, this very exclusive neighborhood is quiet and secluded offering maximum privacy and security. 

Journey’s End is within a very short drive to Historic Coconut Grove and Coral Gable’s famed Miracle Mile.  There, residents enjoy fine dining and culture as well as shopping in some of the most chic boutiques.   Coral Gables is a very special place where residents and visitors are assured the certain level of luxury in a true South Florida lifestyle.

The Neighborhood

Just like the other exclusive neighborhoods in the immediate vicinity, Journey’s End is gated with 24-hour security.  Many of the homes are waterfront homes on spectacularly beautiful lots with tropical foliage and perfect landscaping.   While there is a private, neighborhood marina, many of the waterfront estates feature private docks some of which accommodate mega-yachts and multiple vessels.   Landscaping is absolutely picture-perfect and provides a tranquil and serene environment.

Although Journey’s End homes are, for the most part about 15 to 20 years old, many have been renovated or remodeled to feature the most modern updates.  They are gracious in size topping 10,000 or more square feet and offer luxury interior and exterior finishes.  Inside each home, the residents enjoy large rooms with expansive ceilings, designer finishes, unobstructed views of foliage and/or water, chef-worthy kitchens with granite or other high end counter tops, state of the art stainless steel appliances and so much more.  Outside, large one to two-acre lots feature extravagant lawns that accommodate beautiful swimming pools and extensive patios with outdoor living and kitchen areas.  Waterfront homes feature large, sturdy docks on canals that have direct access to Biscayne Bay with no bridges.  

Real Estate Information

Because Journey’s End is such an affluent neighborhood, potential buyers can expect to see list prices starting in the millions.  In fact, currently, there are four Journey’s End homes on the market with list prices from just under $4.4 million to over $10 million.  In 2012, the average sale price for single family homes in the same area was about $3.8 million.  For potential buyers of homes in Journey’s End, price is not as much a factor as the privacy and exclusivity of the neighborhood which puts it at the top of the list with these considerations.

Coral Gables Most Elite

Some of Coral Gable’s most elite residents live in Journey’s End.  In fact, some of Miami’s most famous residents have homes throughout the neighborhoods surrounding Journey’s End.  It is a gracious community that offers privacy, luxury amenities and a lifestyle that is reserved for the most elite of South Florida.