Paradise Point Entrance
Paradise Point is a private waterfront community just south of Coral Gables’ Deering Bay Yacht and Country Club. It is comprised of 13 single family homes and 92 townhomes built between 1984 and 2009. The community has 2 private marinas; Royal Harbour Yacht Club Marina with 49 slips and Paradise Point Marina with 26 slips. In addition, Paradise Point has a clubhouse, exercise room, 2 tennis courts, a private beach, and a very unique boardwalk that goes through a protected mangrove forest and ends at a dock with a beautiful view of Biscayne Bay.
In 2008, a total of 3 townhomes sold ranging in price from $600,000 to $1.5 million. In 2009 there were a total of 6 closed sales; 2 single family homes and 4 townhomes. Here are the details based on tax rolls information:
- In March, 2009, 5970 Paradise Point Dr, a townhome, sold for $700,000 or $212.77/sqft. This home is 3 bedrooms, 3 baths with 3,290 square feet and was built in 1984.
- In July, 2009, 6151 Paradise Point Dr, a townhome, sold for $600,000 or $211.19/sqft. This home is 3 bedrooms, 3.5 baths with 2,841 square feet and was built in 1996. The owner of this unit purchased 5848 Paradise Point Dr and used this property as part of the payment.
- Also in July, 2009, 5848 Paradise Point Dr, a single family home, sold for $1,401,420 including boat slip #12 in the Paradise Point Marina. The tax rolls Just Market Value of this slip is $74,290, which leaves a sales price of $1,327,130 or $225.89/sqft. This home is 5 bedrooms, 4 baths with 5,875 square feet and was built in 2004.
RHYC Marina
- In September, 2009, 6227 Paradise Point Dr, a townhome, sold for $685,000 or $269.69/sqft. This home is 3 bedrooms, 2.5 baths with 2,540 square feet and was built in 2007.
- In December, 2009, 5840 Paradise Point Dr, a single family home, sold for $1,450,000 including boat slip #18 and #19 in the Paradise Point Marina. The tax rolls Just Market Value for these slips are $91,750 for #18 and $85,930 for #19, which leaves a sales price of $1,272,320 or $454.40/sqft. This home is 3 bedrooms, 3 baths with 2,800 square feet and was built in 2001.
- Also in December, 2009, 6012 Paradise Point Dr, a townhome, sold for $688,000 including boat slip #3 in Royal Harbour Yacht Club Marina. The tax rolls Just Market Value of this slip is $89,940, which leaves a sales price of $598,060 or $213.59/sqft. This home is 3 bedrooms, 3 baths with 2,800 square feet and was built in 1987.
Currently there are 11 townhomes offered for sale in Paradise Point including 6216 Paradise Point Dr.
If you would like more information about Paradise Point or other great waterfront locations in South Florida, please call me at 305-331-2765.