ISABELLE ANDREWS P.A.
305.546.5421
theteam@groveexperts.com

Waterfront Homes Sold in Zip Code 33133*

Our secluded canals and welcoming shores are captivating the affluent. Let’s not forget that our front yard is Biscayne Bay, a National Park, the largest marine park in the U.S.

With an amazing increase in waterfront sales of 131% over the previous year, 2 distinctive submarkets have emerged: canal front and open water. Values differ depending on whether the properties are located on the open bay or on a canal. The median sales price is $1,100 per Sq/Ft for Open Bay properties versus $680 per Sq/Ft on a canal.

ADDRESS#Beds#Baths#1/2Bths Living Sq/Ft Lot Sq/Ft Year BuiltPool $ Sold Price
BAY FRONT
3505 MAIN LODGE DR6628,13869,8461926Y $ 11,000,000
3310 DEVON CT77310,08624,3542003Y $ 12,850,000
3590 CRYSTAL VIEW CT68112,17819,9412010Y $ 13,400,000
6939 SUNRISE DR5616,38816,5001996Y $ 6,000,000
3525 ANCHORAGE WY55110,12118,5831996Y $ 7,137,500

CANAL FRONT
6940 SUNRISE DR5404,00914,5001976Y $ 3,150,000
200 EDGEWATER DR107111,865133,7891936Y $ 8,675,000
3305 S MOORINGS WY77212,70221,7862009Y $ 8,650,000
3542 ROCKERMAN RD5504,5587,2601980Y $ 3,100,000
6828 SUNRISE TE5313,76614,0741977Y $ 2,350,000
3120 MONROE DR5524,52018,3751912N $ 2,800,000
3835 CAROLE CT6627,96612,4442010Y $ 4,850,000

A Stable Inventory and Asking Median Price

134 single-family homes were available for sale in mid-January 2016 versus 138 during the same period in 2014. Across the board, median asking price is also very stable with an increase in the waterfront market. 50% of the properties available for sale at the beginning of 2016 have had at least one price reduction.

To find out more information, visit our ISSUU page at the link below:

https://issuu.com/groveexpertsjournal/docs/magazine_final

If you are interested in buying or selling property, call Isabelle Andrews at 305-546-5421, Alba Biondi at 305-323-2595, or email us at theteam@groveexperts.com.

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