August 28th, 2012 | categories: Coconut Grove Real Estate
The piece of land located at 1901 Tigertail Avenue (photo above) closed recently in a private sale (not on the MLS) for a price of $485,000 or $57.00 per square foot.? For the past few years, land here in the Grove (non-waterfront and non-gated) has sold at a consistent $35.00 ? $40.00?per square foot.? This sale is a great comparable for the Grove.
You may?know this property as the orchid house,?the previous owners?sold orchids in their front yard for?more than 10 years. ? I have heard from several people that the new owners intend to tear down or do major renovations and expansion?to?the house.
In 2010 and 2011 I earned the distinction of selling the most number of homes in Coconut Grove. If you would like to schedule a buyer or seller consultation with me, please feel free to contact me on my cell at 305-342-1623 or send me a note here.
The Real Estate Coconut is the most comprehensive online source for Coconut Grove real estate information. Whether you are looking for the latest sales, trends or homes for sale in Coconut Grove, The Real Estate Coconut has it all at your fingertips. Browse information regarding the upcoming Grove at Grand Bay new construction project, Coconut Grove?s gated communities, waterfront homes, villas, townhouses, foreclosures plus much more.
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