Coconut Grove is a very unique market, and nothing makes this clearer than when you’re looking at the numbers.
Of the 146 Single Family Homes for sale in Coconut Grove, 7% of them (11 properties) were Short Sale and only 0.6% (1 property) was bank owned.
The highest priced home in Short Sale was located in the posh gated community of The Moorings. Offered by Coldwell Banker at 1,699,000, this beautiful property has been on the market since 2008 when it was listed at $2,799,000.
The lowest priced home in Short Sale is being offered at $85,000 by The Keyes Co. This property is located at 3617 Oak Ave in the West Grove area.
The single bank owned property can be found at 3501 Frow Ave in the West Grove and was offered by Century 21 for $316,000. Unfortunately, there are no pictures for me to show you!
These numbers are great news, my fellow Grovites! The Coconut Grove market is springing back.
For the complete list of all the short sale properties in Coconut Grove, visit our website at www.groveexperts.com.
Prefer to see one of these properties in person? Call us to schedule a private showing.
Alba Biondi (305) 323 2595
Isabelle Andrews (305) 546 5421