Top 5 Most Expensive Single-Family Homes Sold in Coral Gables in February 2016

Top 5 Most Expensive Single-Family Homes Sold in Coral Gables in February 2016

Located just south of Downtown Miami and Coconut Grove, Coral Gables is one of Miami’s oldest municipalities and one that continues to thrive. A popular neighborhood, Coral Gables offers condos, townhomes and single-family properties in both charming and modern designs.

According to EWM’s Facts and Trends reports, during the month of January, single-family homes valued at $750,000 or more in Coral Gables, sold at an average price of $468 per square foot. Furthermore, in January there were 230 single-family homes listed for sale compared to 30 homes that were sold during that same month.

The Coral Gables luxury single-home market is flourishing. In fact, in February all five homes in the top five were sold for more than $3,000,000.

The top five most expensive single-family homes sold in Coral Gables in February 2016 were:

#5 – $3,125,000
Closed on February 16, 2016
7425 Los Pinos Blvd

4 Bedrooms, 5 Baths
5,655 Square Feet
.64 Acre Lot

#4 – $3,400,000
Closed on February 15, 2016
8112 Los Pinos Circle

7 Bedrooms, 6.5 Baths
7,497 Square Feet
0.92 Acre Lot

#3 – $3,525,000
Closed on February 12, 2016
526 Jeronimo Drive

6 Bedrooms, 5 Full and 2 Half Baths
6,579 Square Feet
.43 Acre Lot

#2 – $4,300,000
Closed on February 4, 2016
190 Edgewater Drive

5 Bedrooms, 6.5 Baths
6,799 Square Feet
0.95 Acre Lot

#1 – $8,400,000
Closed on February 10, 2016
10101 Sabal Palm Avenue

7 Bedrooms, 8 full, 2 half Baths
11,758 Square Feet
1.72 Acre Lot

Thinking of buying or selling a property in Coral Gables? Contact Suzanne for a complimentary consultation. She will be more than happy to discuss market trends as well as your specific needs.

Results compiled from Realtor.com.