Park Grove – Coconut Grove

Brickell, Edgewater and other suburban cities around Miami are not the only areas in Miami-Dade County where developers are setting their sights.  In Coconut Grove, top developers, Terra Group and Related Group have joined forces to develop another great condominium community – Park Grove.  Being pegged as the perfect alternative to the sold out Grove at Grand Bay (just happens to be next door), Park Grove is an ultra-luxurious three-tower condominium situated right on the Bay with glorious water and city views from all vantage points.  Park Grove will bring 298 new residences to the oldest community in South Florida offering potential buyers the ideal spot to land whether downsizing is the plan or finding the perfect spot to spend part of the year. 

Tentatively slated to start construction in early next year, the three towers will be built in phases.  In addition to the residential towers, also slated is a bank and multi-level clubhouse with public amenities.  Park Grove is taking Coconut Grove real estate to the next level making it destined to be a sought after condominium in the Grove.

Parties Involved in Making It Happen

Coconut Grove’s own Terra Group has partnered with Miami’s hot-shot developer, The Related Group, to develop Park Grove.  Together, they have tapped one of the most revered architectural firms, OMA headed by partners Rem Koolhaus and Shohei Shigematsu to create and bring to life Park Grove.  From there, they have world-renowned interior designer, William Sofield, and international landscape architect Enzo Enea to give the new condominium its style and grace.   

Location of Park Grove

Situated on 5.2 acres of Bayfront property, Park Grove’s address is 2701 Bayshore Drive across from Dinner Key Marina in the heart of Coconut Grove.  It is also within walking distance to high-end shopping and dining for which Coconut Grove is known.   

Coconut Grove is the oldest town in Miami Dade County and is filled with so much history as well as sites to see including Vizcaya Museum and Gardens, Barnacle State Park, and some of the best shopping in the area.

Park Grove Highlights

Included in the Park Grove project are “50,000 amenities” according to the developers’ literature.  To highlight the community amenities, LEED-certified Park Grove offers residents expansive Bay and city views, 24-hour concierge and valet service, butler service, business center with meeting rooms, rooftop pools with private cabanas, dedicated penthouse pools, wine cellars and lockers for residents, areas dedicated for yoga, state of the art fitness centers, integrated media systems library, exquisitely designed common areas and building lobbies, adult gaming room with billiards and ping pong, and so much more.  Probably one of the most notable amenities may be the extensive art collection planned for the common areas which is not surprising considering Jorge Perez is one of the primary developers.

Property owners will enjoy open and airy residences with walls of windows, gourmet kitchens with high-end appliances, fixtures and finishes, large bedrooms and wide balconies with spectacular views.  The features are endless and make it obvious why this will become such an exclusive address. 

Real Estate at Park Grove

Reservations are being taken for the buildings with construction expected to start sometime during the first couple of months in 2015.  All three towers will have 20 floors with two towers housing only 72 units in each one and another Club Residence comprised of 140 units. 

In Tower 2 (the first of the premium tower to be built), there are only four floor plans from which to choose with sizes ranging from just over 2,200 square feet for a two-bedroom property to almost 3,600 square feet for a four-bedroom, five and a half bath residence.  List prices start around $2.5 million and climb to almost $5 million.

For the Club Residence (Tower 3), sizes are smaller and more affordable with 750-square foot, one-bedroom, one-bath units starting in the mid-$500s; two-bedroom units priced from the mid-$700s to over $1.2 million; and finally, three-bedroom units priced from the mid-$900s to about $1.5 million.

It is worth noting that about 30 percent of Tower 2 is reserved with about 20 percent of the Club Residences reserved.  For reservations, 10% is due followed by another 10% at contract.  From there, another 10% is required at ground breaking and 10% at residence floor.  Finally, 50% is due at closing.

Unbelievable Luxury

Park Grove is going to be an unbelievable property and very popular especially considering the Grove at Grand Bay is sold out.  Let us set up a private tour at the sales center.  We promise that Park Grove will amaze you.  It is Coconut Grove real estate at its finest. 

Top Five Coral Gables Country Club Listings

Many of the Miami-Dade communities are undergoing major overhauls whether through the development of planned neighborhoods or the complete destruction of older homes on premium lots.  Coral Gables is one of the area communities where buyers are buying up older homes in need of an overhaul so that they can knock it down to build their dream homes. 

But in the midst of all this new construction, the Coral Gables Country Club neighborhood sits in all its grandeur with some of the most beautiful and unique homes commonly described as “old Florida.”  Surrounding some of the Gables nicest golf courses (Riviera Country Club and Biltmore Golf Course)ost have a Mediterranean influence in their design and no matter the size offer characteristics not found in newly constructed homes today.

The Country Club neighborhood is a carefully thought out and designed neighborhood that features homes in most every price range and size from the coziest bungalows that appeal to buyers who want to update and renovate property to the most impressive estates that entice only discerning buyers who expect a level of excellence.  On top of this, the location is ideal as it is close to some of the area’s best shopping as well as top public and private schools and golf courses (as we mentioned earlier.  Additionally, the University of Miami and Miami International Airport are a short drive from this centrally located neighborhood.

There is a broad spectrum of list prices in Coral Gables Country Club typically ranging from the low-$400s to the millions.  Following are the top five Coral Gables Country Club listings:

3305 Alhambra Circle, List Price:  $12,500,000

WOW!  What else can be said for this grand manor?  Originally designed by Walter De Garmo (Women’s Club of Coconut Grove), this estate, built in 1926, is an architectural masterpiece with eight bedrooms and six and a half baths with a one-bedroom, one bath private apartment.  While the home has been updated, the original finishes radiate throughout the house with wood beam Cathedral ceilings, inlaid marble floors, intricately carved wood doors, and more.  The large chef’s kitchen is amazing as is the open living area with French doors leading out the Mediterranean-revival style pool area and deck.  A large backyard area opens up to the fairway along the Biltmore Hotel’s golf course.  The home is surrounded by a high wall on three sides with private double iron gated entrances to exude privacy as an estate of this caliber should. 

Coral Gables Homes for Sale 

3200 Granada Boulevard, List Price:  $4,850,000

Pulling into the driveway of your new home on Granada Boulevard signifies that you have truly arrived.  Granada Boulevard is a street that stretches across two Coral Gables neighborhoods.  As the street numbers get larger so do the houses along this lovely tree-lined street in one of the nicest neighborhoods in Coral Gables.  The gated, tree-lined entry of this spectacular leads to a beautiful estate is remniscent of a European estate understated in its design yet one of the most gorgeous homes on the street.  Inside, this home showcases vaulted ceilings, wood inlay floors, and so many other intricate features and fixtures.   The kitchen itself is a dream kitchen to anyone who enters with it exposed brick walls, high-end stainless steel appliances, and granite countertops.  The master features tons of room with a sitting area as well as a custom designed walk-in closet, enormous bath and terrace.  There is so much to see that it is necessary to tour this grand estate.  Remodeled in 2009, this is the ideal home for entertaining as well as enjoying life in Florida.   

2800 Alhambra Circle, List Price:  $4,395,000

Another home on the highly desirable Alhambra Circle is this showplace built by Legacy Custom Homes.  Under the 7,113 square feet are large rooms that flow from one to the other in a most relaxed manner making the house perfect for entertaining.  Additionally, there is a large chef’s kitchen with beautiful granite counter tops and stainless steel appliances and room for a large kitchen table for family dinners.  There are six bedrooms and seven and a half baths with each bedroom having its own private bath.  Outdoors, the residents and their guests can enjoy the Florida sunshine from the large rear patio and veranda adjacent to a resort-style pool while dining on meals prepared in the outdoor kitchen.  Other fixtures and finishes include a gated entry, automobile courtyard, elevator and exquisite extras throughout the home.  This is truly a showplace without being ostentatious.    

3309 Granada Boulevard, List Price:  $2,995,000

Back over to Granada Boulevard, we have another spectacular home currently under construction by Gregan.  This gated estate with a Transitional European architectural style will feature a fountain courtyard that will lead to a beautiful foyer at the main entrance.  Inside, the plans show a large kitchen and family room that open to a rear yard with beautiful pool and pergola.  On the first floor, there will be a guest suite as well as one for house staff.  Upstairs the master spreads across the entire rear of the house and includes a sitting room, two walk-in closets and an unbelievable master bath.  This is a huge opportunity to live on one of the best streets in Coral Gables in a new home that is as impressive as those around it. 

4209 Santa Maria Street, List Price:  $2,875,000

It is the intricate detail that makes this home an absolute treasure.  Situated in the main section of Merrick’s historic Pioneer Village is this gracious 5,300+ square foot estate with a Mediterranean architectural design.  Situated on Santa Maria Street, this home offers panoramic golf course views across Riviera Country Club.  Inside, the foyer opens to a huge two-story great room with stunning open beamed ceilings, a large fireplace, and upper level bookcases that line the walls.  Additionally, there is a dream kitchen with sleek granite counter tops, stainless steel appliances and custom cabinetry which opens to a large breakfast area and into a family room.  The bedrooms are large and feature hardwood floors.  Outside, there is a lovely covered loggia with an outdoor living area with a tropical feel.  There is impact glass as well as extra land large enough for a guest house, pool or an addition onto the main house. 

Classic Florida Real Estate

The Country Club neighborhood in the heart of Coral Gables is probably one of the most sought after areas for Coral Gables real estate buyers.  It is in this neighborhood that homes feature the best in classic Florida real estate with a modern twist where inside most properties there are substantial updates so that the idea of a “dream home” is a true reality.  

Dog-Friendly Restaurants in Coral Gables

Coral Gables has always been a very walkable city and with so many residents and visitors out with their dogs in tow, many businesses have embraced the idea that dogs are welcome to their establishments. There are several area restaurants that are very open to their patrons bringing their furry babies with them.  Here are our favorite dog friendly restaurants in Coral Gables:

Lokal Burgers and Beer, 3190 Commodore Plaza, Coconut Grove.  Located in Coconut Grove, Lokal is such a dog-friendly restaurant it has a dog menu with items like “Marmaduke’s Meatloaf.”  Open every day for lunch and dinner, dogs are allowed on the patio which is logical.  Lokal Burgers has received lots of accolades which is no surprise once you eat here.  Miami New Times voted Lokal as one of the “Top 10 Best Chicken and Waffles in Miami” as well as having one of the “Top Five Veggie Burgers in Miami” not to mention “Top 10 Dog Friendly Restaurants in Miami.”  It is well worth it venturing over there to enjoy one of the best burgers you will ever eat and the coldest beer you will ever drink.  The Frita burger is absolutely awesome with the guava jelly and gruyere cheese.  Another favorite is the Lokal burger with its local twist of Florida grass-fed burger topped with homemade honey mustard using local honey, melted jack cheese, Florida tomatoes, sliced red onions, arugula, and Homestead avocados. It literally does not get much better than that.  This is the perfect place to spend a lazy Saturday afternoon with Fido. 

Shake Shack, 1450 South Dixie Highway (US1), Coral Gables.  Another dog-friendly favorite is the Shake Shack.  And, yes, again, this fairly new hot spot is so dog friendly it offers a few items for the pooch.  The stand out attribute about the newest Shake Shack is that it was built with sustainable and recycled materials.  For instance, the tables were sourced from reclaimed bowling alley lanes handcrafted in Brooklyn, NY, and window seating was made with wooden counters made from river-recovered cypress.  It is just a hop, skip and a jump from University of Miami and has good burgers, fries, shakes, custards and more. They even have wine and beer if you want it.  The shakes and cones are made with frozen custard made from real sugar and milk that contains no hormones or antibiotics right at the restaurant.  If you are calorie conscious, feel good knowing that the Shake Shack features calorie counts for each item on the menu.  As for out furry children, there are a handful of items on the menu for the dogs as well as their own bowls of water. 

Ortanique on the Mile, 287 Miracle Mile.  An all-time favorite restaurant on the Miracle Mile is also a very pet friendly restaurant in the Gables.  And it is a good thing since the Mile is one of the most highly traversed roads by foot in all of Miami-Dade County. After all, the Miracle Mile is so close to Coral Gables condominiums.  So you can just imagine the number of dogs that walk on the Mile!  As for the restaurant, it is unique, Caribbean themed restaurant that is very similar to its sister restaurant in Grand Cayman.  There are so many favorites on the menu from ceviche to fresh salads and seafood that patrons have a hard time choosing something so they come back.  As for pets, it is very common to see people having lunch and dinner outside on the patio with their beloved furry family members sitting beside them.   Everyone loves Ortanique on the Mile and goes there over and over again.  It is one of those spots where you enjoy sitting outside with friends and family while enjoying tropical drinks and dining on delicious specialties. 

Pete’s Authentic Cooking, 153 Giralda Avenue.  Everyone loves Pete’s Authentic Cooking – we know that!  But to add its dog-friendly nature to its status takes it even further up the food chain.  It offers some of the best sandwiches, salads and more in addition to breakfast and brunch items that leave you wanting more.  Open only on weekdays between 8am and 4pm, Pete’s is very popular spot in Downtown Coral Gables which is why it is so crowded.  And for those who love taking their dogs with them everywhere they go, Pete’s is very dog friendly.  For those who watch what they eat or who avoid certain foods, Pete’s has vegan and gluten-free items to appeal to everybody.  Just check out the blackboard for specials and the extensive menu if you still need ideas.  When coming with the dog, be sure to sit outside.  While they love dogs, they know that not all of their customers do, so they prefer to keep them outdoors.  But, hey!  This is South Florida – it is much nicer to sit outside!

Spizzigo, 127 Giralda Avenue.  Of course, we have to include an Italian restaurant in our dog friendly picks.  And one of favorites is Spizzigo just off the Miracle Mile.  Open for lunch and dinner, Spizzigo features fresh homemade pastas as well as unbelievably good pizza and the best wines and drinks for everyone who has a craving for Italian.  And being so close to the Mile, it is also a restaurant within walking distance to many Coral Gables condominiums and neighborhoods.  When the outdoor dining is set up, dogs are very welcome to hang with their parents.  Everyone wolfs down the pizza bread they bring when seated as well as most everything on the menu.  Its classic Italian fares are the best around and the prices are not outlandish which makes it easy to eat here a couple of days (or nights) a week.  Top your meal off with their gelato and you will think you are in paradise.  And, if you bring the dog, you can walk off dinner! 

A Dog-Friendly City

Not only is Coral Gables called the City Beautiful, it is a very dog friendly city as well.  Whether you live in a centrally located Coral Gables neighborhood or away from the downtown business area, there are lots of businesses that invite dogs just as often as they invite their owners. 

Top Coral Gables Waterfront Neighborhoods

There is no doubt, if you live in South Florida, more than likely you love the water.  While many simply want to have access to it whenever they need it or have all the toys that come with living on the waterfront, Coral Gables offers neighborhoods that are ideal waterfront communities for those who are drawn to the water.  Here are a few of the top Coral Gables waterfront neighborhoods:

Deering Bay, List Prices:  $1 Million to $5 Million

Deering Bay has everything an upscale, exclusive community in South Florida should have from its own marinas and yacht club to the only Arnold Palmer Signature Golf Course as well as a nice mix of single-family homes and five condominium communities:  Verona, Venice, Siena, Milano and Padua.  It appeals to everyone including families, retirees and anyone who is accustomed to luxury style and privacy. 

In terms of the properties, no stone is left unturned leaving each and every property features all amenities along with top of the line fixtures and finishes expected in any million-dollar plus home in South Florida.  At the top of the list are the views that every home has the privilege to enjoy.  While not all may be water views, the other views play host to meticulously manicured fairways, the adjoining preserve, or one of the three yacht clubs.  To enjoy the community’s luxury amenities, private membership is required but well worth the investment.  Residents enjoy a 30,000-foot clubhouse with formal dining, an informal restaurant, private wine cellar, state of the art fitness center, and more.  As for the “fun,” there is a large swimming beach, junior Olympic-sized pool and more (we’ve mentioned the marinas and yacht club). 

Deering Bay real estate list prices start at about $1 million for a residence in one of the condominiums to about $5 million for a large single-family home with private dock and boat lift.   Many of the single-family homes sit on wide canals with direct access to the Bay.  They have docks with lifts that accommodate large yachts as well as multiple vessels.  One of the most appealing traits of Deering Bay is access to the marinas that provide accommodations for various size vessels.  This is why we put it in our list of top neighborhoods for yacht owners and water lovers.

Gables Estates, List Prices:  $3 million to over $30 Million

Another exclusive waterfront community is Gables Estates. Located in South Gables, it spreads out over 200 acres of shoreline and features some of the most unbelievably palatial estates in the entire country.  As an ideal community for yacht owners, 192 of the lots in Gables Estates are waterfront lots that sit on wide, deep sea-walled canals perfect for large mega-yachts and multiple vessels.

The architectural style in Gables Estates varies but for the most part, has a Mediterranean or Spanish influence and each is surrounded by lush tropical landscaping.  Inside each home, every fixture and finish is perfectly placed to create some of the most beautiful homes in the world.  To give an idea of available Gables Estates properties, the sizes range from about 5,000 square feet (that is large to most people) with five and six bedrooms to well over 16,000 square feet with nine or more bedrooms.  List prices fall between about $6 million to about $20 million.  Over the last three months, three properties have sold with sale prices ranging from $4.5 to $8.5 million.  Typically, homes may take up to a year to sell simply because of the limited number of potential buyers. But without a doubt, this neighborhood is well worth it to live here.

Tahiti Beach, List Prices:  $2 Million to $15 Million

Without a doubt, Tahiti Beach is the most exclusive neighborhood in all of Coral Gables.  It is one that truly takes your breath away while driving through it.  This very private neighborhood is situated in the South Gables and on Tampa Bay giving many of the beautiful estates amazing Biscayne Bay views.  Those not directly on the Bay are situated on wide canals with direct and easy access to the Bay.  Not only is this a perfect neighborhood for yacht owners, it is ideal for those who own large yachts or several vessels. 

The entire community is guard gated with some homes further secured with private gates.  The architectural styles vary with one thing in common – grand and stately.  On top of that, the interiors feature unbelievable gourmet chef’s kitchens, three car garages, elegant foyers and resort-style pool and entertainment areas that overlook the water.  From there, the neighborhood tennis facilities, a community pool with a well-appointed clubhouse, a large playground and more.  

Some of the area’s most well-known celebrities live in Tahiti Beach.  Homes in Tahiti Beach real estate is typically priced anywhere from about $2-3 million all the way to about $15 million. Only one 10-bedroom, 10-bath home with over 21,000 square feet has sold over the past few months with a sale price at $18 million.  This is the simply the top neighborhood for yacht owners and water lovers.

Other Excellent Neighborhoods

While these are three top areas for yacht owners and water lovers, there are other excellent neighborhoods from which to choose that feature similar properties and amenities.  List prices in neighborhoods like Gables by the Sea and Cocoplum start as low as $1.5 million and can climb to over $30 million in Tahiti Beach or Gables Estates.  The common denominator of all the waterfront communities is the easy direct access to the Bay whether situated directly on the Bay or on one of the deep and wide canals that feed directly into the Bay.   

Coral Gables Top Five Best Rated Restaurants

In an area like Coral Gables that known for its amazing restaurants, residents and visitors always have a major decision to make when heading out to eat.  There are so many from which to choose that it makes it so hard to decide.  Because it is such a “walkable” city, many Coral Gables neighborhoods are within walking distance to a lot of them, it is nice to make an evening out of going out to dinner by walking to and from the restaurant.  Even in the summer, the evenings cool some so it is such a pleasant way to cap off a perfect day in the Florida sunshine.  To give you an idea of the community’s favorite places, here is a list of five of the top rated Coral Gables restaurants:

Gusto Fino Italian Deli, 271 Alhambra Circle.  Let’s face it – there is nothing like a good Italian deli and at Gusto Fino is as authentic as you can get.  From the atmosphere to the mouthwatering delicacies prepared with so much love, this is one of Coral Gables top places to eat.  The sandwiches are absolutely amazing and full of fresh ingredients.  Everyone always raves about the meatball and chicken parmesan sandwiches but, no matter what you order, you will be back for more.  Gusto just moved to a new and larger location only a few blocks from the former location.  The prices are reasonable with items on the menu costing no more than $12 – that includes dishes like Chicken Parmigiano and other large pasta dishes.  Visitors must venture into Gusto for lunch – it is a favorite for most Coral Gables residents!  Hours are 11am – 6pm, Monday through Saturday.

Pete’s Authentic Cooking, 153 Giralda Avenue.  “Authentic” is the perfect word to describe another favorite breakfast/lunch spot in Coral Gables.  Located just off the Miracle Mile on Restaurant Row, Pete’s offers a wide variety of delicious sandwiches, salads and so much more as well as wonderful breakfast and brunch fares. It is situated within a nice quick walk from several Coral Gables condominiums and neighborhoods which makes for a nice walk in the Florida sunshine.  Pete’s is very popular spot in Downtown Coral Gables so it is more than likely going to have a crowd but once you eat here, you will know why it is so crowded.  It has a casual atmosphere with a touch of sophistication just as you expect a place in Coral Gables to have.  In addition to the standard menu lots of options including vegan and gluten-free, there are always specials on a blackboard that are just as delicious.  Pete’s is open only on weekdays between 8am and 4pm and is a great place to meet up with friends or take out of town guests. 

Frenchie’s American Diner, 2618 Galiano Street.   This restaurant combines the best of French and American cuisine into a restaurant that seems to be a favorite with most anyone who eats here.  Where else can you get a Duck Confit Club Sandwich with Fries (French fries that is)?  Duck Confit on a club!  Luckily Frenchie’s is open for lunch and dinner with the most delectable dishes one can imagine.  But plan on dining at Frenchie’s on a weeknight because they are closed on the weekends.  Probably the most popular thing is the French Onion Soup and when you see the bubbly cheese over the onion soup then taste it, you will be in heaven!  Situated just off the Miracle Mile, Frenchie’s is located in the heart of Downtown Coral Gables and within walking distance to many well-known Coral Gables condominiums like Ten Aragon and other neighborhoods. 

Uvaggio, 70 Miracle Mile.  Everyone loves a good tapas restaurant and in Coral Gables, the favorite tapas place is Uvaggio.  Situated on the Miracle Mile, this is a top notch wine bar that has a strong European influence and is simply a fabulous place to meet up with friends after work or end a day of Miracle Mile shopping with wine and tapas.  The place is small with only six tables but it is not what you would call overcrowded.  The service is impeccable which makes the experience that much better.  The options are delicious with items like duck confit with cherries, goat cheese hummus and, wait for it, cinnamon roll bread pudding.  Open nightly Monday through Saturday since April, everyone in the area has been raving about it, so if you haven’t already, head over to Uvaggio for some of the best food and wine you will ever eat and drink. 

Café Bistro at Nordstrom, Village of Merrick Park.  It would not be right if we did not mention the Café Bistro at Nordstrom.  They have so many delicious items on their menu that it is common to hear “let’s go eat at Nordstrom.”  This place is different in that everyone orders at the counter then waits for the staff to bring it to your table.  It is a very elegant process to order though so that shouldn't throw anyone off.  A couple of the most popular items on the menu that get the most “ooo’s and ahhh’s” are the Citrus Turkey Sandwich and the crab bisque.  It is kid-friendly which makes it easy when shopping with the kids.  But when solo or with friends, it is the perfect spot to stop and enjoy lunch or an early dinner while shopping.  Luckily, it is open seven days a week for lunch and dinner and like the others mentioned here, it is within walking distance from several Coral Gables condominiums like 55 Merrick and neighborhoods like Gables Riviera and Granada. 

Tons of Top Rated Restaurants

In addition to the elegant and tropical atmosphere for which Coral Gables is known, restaurants are something that keep people coming to our city beautiful.  There are tons of top rated restaurants from which to choose.  The ones mentioned here are a handful of those that get the most rave reviews and high ratings.  

Paraiso BayViews – Fourth Tower of Massive Related Group Mega Project

As Paraiso Bay’s first two towers are about to break ground this summer in the Edgewater neighborhood, the project has grown to become one of the largest South Florida condominium projects.  And now, pre-construction sales have just opened up for units in the “fourth tower” called Paraiso BayViews.  Along with Paraiso Bay and One Paraiso, the entire mega-project continues to grow by leaps and bounds with the buildings surrounding Paraiso Bay Park.  Related has added to the park plans which will now include a beach club with a Michael Schwartz restaurant and boat slips for use by residents and their guests.    

Adding to the fact that Paraiso means paradise, Paraiso BayViews offers bay views that will truly make living here like living in paradise.  The Paraiso BayViews plans add a 44-story tower with 396 units to the “compound” which totals 1,362 units in the four towers.  Construction is tentatively slated to start in November with completion in 2017. 

Paraiso BayViews Location

The Edgewater neighborhood is undergoing a major overhaul and revitalization to take it from the sketchy neighborhood it used to be to an up and coming trendy section of Miami.  Situated directly on Biscayne Bay, this is a logical direction with the entire Paraiso Bay development looking like it will be the sort of hub of Edgewater with four condominium towers, a huge park and a beach club with restaurant and beach club yacht slips.  In addition to Paraiso, retailers, restaurants and other condominium projects are in the works to add to Edgewater. 

The location is ideal as it is very close to other popular Miami neighborhoods including Brickell, the Design District, and the Wynwood Arts District.  Additionally, it is a short drive from South Beach (just across the Tuttle Causeway) and major travel hubs like Miami International Airport and the Port of Miami.   

Brains Behind Paraiso BayViews

The brains behind Paraiso BayViews lie with the Related Group which is, once again, partnering with Arquitectonica and famed interior designer, Karim Rashid.  This team brought us myBrickell which, by the way, is sold out.  With the Related Group, anything is possible to the point that the company’s executives were able to swing the permanent closing 31^st Street to accommodate the property and its enormous park. 

Amenities at Parasio BayViews

Amenities at Paraiso BayViews are still in the works but what we know so far makes it very attractive to live here.  Some that have been mentioned so far include a roof-top pool on the 44^th floor, a fitness club with a 50-foot pool and private treatment pools and an exclusive membership to the Michael Schwartz beach club and restaurant. 

Just like the other condominiums at Paraiso, each unit will be decorator-ready and offer amazing Biscayne Bay as well as all the bells and whistles expected in Related Group projects.  As more details become available, we will provide updates.    

Real Estate at Paraiso BayViews

Pre-construction sales have just been announced for Paraiso BayViews.  The “fourth tower” plans to offer affordable luxury with one, two, and three-bedroom plans.  List prices will fall between the mid-$300s to over $800K.  With this in mind, for pre-construction sales, the tentative payment schedule is as follows:

• 10% with Reservations
• 20% at Contract
• 20% 120 Days after Contract
• 10% 120 Days from Last Deposit
• 40% at Closing

Our Part of Paradise

Our part of paradise in Miami is destined to be at Paraiso Bay which includes Paraiso BayViews.  Like the other surrounding neighborhoods, Edgewater is on its way to becoming a top neighborhood in Miami with Paraiso Bay as one of the top condominiums.  

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. 

Top Five Coconut Grove Listings Under $1 Million

There is probably not an area in all of Florida that quite compares to Coconut Grove.  It is the essence of Classic Florida life with a slightly modern edge to it.  This quaint little neighborhood has a lot of history including the claim to fame of being the oldest continuously inhabited neighborhood in Miami.  Known by locals as “the Grove,” Coconut Grove has a lot to offer those who have a desire to live here.  Situated south of Brickell and east of Coral Gables, this is a spectacular place to raise a family. 

In addition to featuring neighborhoods, condominiums and more around Coral Gables, we like to list the top five listings.  Here is the most recent list of the top five Coconut Grove real estate listings under $1 million:

4120 Hardie Avenue, List Price:  $1,000,000

When you think about a Mediterranean-style home, this is the epitome of what comes to mind.  Built in 1945 and remodeled in 1994, it combines the charm of old Florida with the modern conveniences to create a delightful home in Coconut Grove.  Situated on a quiet tree-lined street, this gorgeous home has three bedrooms and two baths, and so much character.  In addition to the large kitchen with custom cabinetry, there is a large master suite with marble bath, elegant formal living room with large trey ceilings and a wonderful family room with beautiful murals painted on the walls.  The feel of the home gives the feeling of living in a Mediterranean villa.  Outside, the fenced back yard encloses a wonderful private pool.  List prices for homes in the same neighborhood range from the upper $800s to over $2 million with the average price per square foot at about $458.  This home is priced just under the average price per square foot.  In the last three months, six homes within a few blocks have sold with the average price per square foot sitting at about $386. 

3350 SW 27^th Avenue, #1204, Ritz Executive Residences, List Price:  $925,000

Located in the tony Ritz Executive Residences, this property is the only one that was on our list months ago.  It is an amazing property that offers the most spectacular views of Biscayne Bay, the Grove and the Gables.  The views alone are unreal but when you add its prime location within walking distance to the Fresh Market and restaurants as well as a short drive to CocoWalk and Dinner Key Marina.  Now, step inside, and see this gorgeous contemporary and large residence in one of the most well-known condominiums in all of South Florida.  From the large contemporary kitchen with granite counter tops, sleek custom cabinets and high end stainless steel appliances to the wide open space of the main living areas and two large bedrooms, there is nothing left out.  On top of all of this, you have all of the amenities of the Ritz Carlton Hotel at your fingertips including room services, a 24-hour fitness center, 24-hour concierge and so much more.   Other listings in this condominium are priced from the mid-$400s to almost $1.9 million with the average price per square foot is about $451.  The average sold price for the units that have sold thus far this year is almost $800K with the average sold price per square foot at about $473. 

3714 Matheson Avenue, Sunshine Villas, List Price:  $925,000

If you love older homes that bring history with them, then this is the right home for you.  Built in 1914 (yes, 1914), this home was built as part of the original William J Matheson estate.  There are two structures on the property – the main house and a second structure that houses a garage and storage on the first floor along with a large loft on the second.  Inside the cedar shake/wood frame home, there are two bedrooms and one bath with so many unique finishes and characteristics from the original home plus modern updates that make it conducive to today’s lifestyle.  The kitchen has a large cooking island and stainless steel appliances while other rooms have vaulted ceilings and dark hardwood floors.  Outside, there is lush tropical landscaping that shades the home and gives it privacy.  This home is so different from most Coconut Gove homes but is still a really cool home.  As for other listed homes, this home is one of only two listed properties priced under $1 million within a few blocks. 

3730 Kumquat Avenue, Douglas Circle, List Price:  $899,000

While some may think the exterior is quite understated, the inside is a different story.  This is a perfect home with a lot of room, high ceilings, and an open kitchen and living area that is perfect for entertaining.  The master is very spacious and features nice size closets.  Impact doors lead out to a wonderful covered terrace and barbeque area.  The backyard has plenty of room for a pool.  Additionally, there is a small cottage in the back.  The location of this house ideal as it is within walking distance to the historic district of Coconut Grove.  Many of the homes in this part of Coconut Grove are older classic Florida-style homes that have updated and remodeled interiors.  There are currently four properties for sale within a few blocks of this home that priced between the mid-$600s and over $1.7 million.  Only three homes have sold in past 90 days with sale prices between the mid-$500s and upper-$600s. 

View Coconut Grover Properties Under $1 Million

1669 Onaway Drive, List Price:  $875,000 
If privacy is your main objective, this house is perfect for you.  It is situated in lovely part of the Grove close to main travel arteries as well as Vizcaya Museum and Gardens as well as other locations of interest in Coconut Grove and Coral Gables.  Set back off the street and surrounded by lush tropical vegetation, the almost 1800-square foot house has a lot to offer including a wonderful and updated gourmet kitchen, hardwood floors, a large master suite with great walk-in closet and more.  The main house has two bedrooms and one and a half bath while the cottage located by the pool brings and additional bedroom and bath to the table.  The rooms are open and airy making you feel like you have more space than you do.  Other properties for sale within a few blocks start in the mid-$600s and climb into the millions.  This is simply an opportunity to buy in a great neighborhood for a lot less than many of the residents have paid.  Recently sold homes (over the past 90 days) indicate that buyers paid anywhere from the mid-$700s to over $1.7 million.  The average sold price per square foot is around $355. 

Coconut Grove – Best of Both Worlds

Coconut Grove has a lot to offer home buyers wanting a wonderful house with lots of character on a quiet street.  When considering where to buy a home in South Florida, Coconut Grove real estate gives you the best of both worlds – more house for your investment centrally located close to everything in the area. 

Top Five Coral Gables Rentals Under $10,000/Month

Coral Gables is full of extraordinary homes and condominium residences located in some of the best neighborhoods with the City Beautiful.  While many people want to live in Coral Gables, others have a desire to spend time here without having to invest in property.  With that in mind, it has been a year since we highlighted rentals.  Here are the top five Coral Gables rentals under $10,000:

7225 Vistalmar Street, Cocoplum, Monthly Rental Rate:  $9,900

This home is a lovely estate style home located in the exclusive and guard-gated Cocoplum neighborhood.  Situated on a half-acre lot and on a cul-de-sac, this is a lovely one-story home with an open floor plan that has been updated and offers so tons of luxury fixtures and finishes.  The huge kitchen is unbelievable with lots of cabinets and counter top space not to mention a pass through to the patio.  The spacious family room has a nice fireplace and French doors that lead out to a gorgeous covered terrace.  and half acre lot with great outside covered terrace, pool and garden. Other features include a new roof in 2007, impact windows and accordion shutters.  This rental property is an annual rental that is unfurnished In Cocoplum.  Rentals in Cocoplum are few and far between but when they are available, they are snatched up.   While rental rates currently start at just over $4,000, this is a fantastic opportunity to live in a large estate-style home that is just less than 5,000 square feet in size with five bedrooms and five baths for a monthly rent under $10,000.

279 Galeon Court, Cocoplum, Monthly Rental Rate:  $9,800

Another property in gated Cocoplum, this is a gorgeous Italian-style villa with four bedrooms and three and a half baths plus an extra den.  It is a perfect home for families and includes a huge kitchen with tons of granite counter space, custom cabinetry and high end appliances.  The landscaping around the lap pool is lush and tropical.  Galeon Court is flanked on both sides with canals, and although this home is not waterfront, at the end of the street is the Cocoplum Yacht Club.  As a rental in one of the most exclusive neighborhoods, this home is one of a kind and offers an opportunity to live in a gorgeous home for less than $10,000 per month. 

1107 Alfonso Avenue, University Estates, Monthly Rental Rate:  $9,000

Located in South Gables in University Estates, this home is large with over 4,200 square feet, four bedrooms and four and a half baths.  It features a split floor plan with tons of space and unbelievable fixtures and finishes including marble and wood flooring, crown molding and more.  There is an open living area that combines the large eat-in kitchen and an open family room with huge windows and French doors that open up to the gorgeous pool and patio area.  Best of all, there are tons of windows with beautiful backyard views.  In this part of Coral Gables, the beauty lies in the distinctiveness of the homes throughout the surrounding neighborhoods.  The architecture is what we call “old” Florida or “classic” Florida with the beauty of South Florida is all around.  There are many Coral Gables rentals in this neighborhood and others within a short distance.  Monthly rental rates start at about $1,500 for older and smaller properties and climb to over $15,000 for similar homes to this one. 

5201 Alhambra Circle, Gables Riviera, Monthly Rental Rate:  $8,950

This two-story Mediterranean-style home is situated on one of Coral Gables most sought-after streets – Alhambra Circle.  Built in 1993, it features five bedrooms and six baths with the master bedroom on the first floor and all bedrooms en suite with their own bathrooms.  This home is ideal for entertaining as it has both formals along with a second-floor enclosed balcony.  There is also a large living area and kitchen containing custom-tiled counter tops and lots of cabinet space.  The finishes in this home like the arched doorways and large terracotta tile floors give this home its character.  Outdoors, everyone can enjoy a beautiful and sparkling pool along with an elegant patio area and lush tropical landscaping.  This home is listed for rent on an annual basis.  Rental properties in close proximity to this featured home typically have monthly rental rates starting at about $2,500 and climbing to about $15,000.  Because of the neighborhood, homes are usually available on an annual basis.  It is the ideal location for those who want to be close to Riviera Country Club, UM, Doctor’s Hospital and Downtown Coral Gables.   

13621 Deering Bay Drive, #603, Milano at Deering Bay, Monthly Rental Rate:  $8,600

This residence in the elegant Milano in Deering Bay is spectacular.  It features breathtakingly beautiful views of golf course, pool & Miami skyline and is perfectly decorated.  The kitchen is a chef’s dream with tons of counter space and top of the line stainless steel appliances.  There are continuous wood floors throughout the interior along with a very clean and sleek design.  The residence boasts a large laundry room with cabinets and tons of room to move along with two bedrooms and two and baths.  Rentals at Milano at Deering Bay are few and far between with monthly rental rates dependent upon their location at Deering Bay.  Like most rentals, this residence is listed unfurnished on an annual basis. 

Living a Luxurious Life

Coral Gables rentals allow residents to live a luxurious life without the responsibility of upkeep on estate homes or in high-end condominiums.  The city is filled with rental opportunities to fit any budget.  For those who have the desire to live lavishly, these properties are a great place to start.