Entrada Estates – A Waterfront Gated Community in Coconut Grove
Entrada Estates is a waterfront, gated community in South Coconut Grove with just 32 homes on three main streets: Stewart Avenue, Matheson Avenue and West Avenue. Besides 24/7 security and the waterfront location, residents of Entrada Estates enjoy a community tennis court and community boat docks with direct access to Biscayne Bay.
There are only 32 homes in Entrada Estates and prices of homes in this gated community vary between $1M and $5M. On average waterfront homes sell for $770 per Sq.Ft while non-waterfront homes sell on average for $516 per Sq.Ft. Most homes in Entrada Estates are larger, 3,000 Sq.Ft + homes that sit on a 15,000 SqFt + lot.
Gated communities in Miami are in great demand with buyers and see little turnover. The safety aspect, the exclusivity of Miami’s gated communities and the proximity to great schools are the main reasons they are in demand with buyers. Because of the scarcity of homes located in a gated community the demand is often higher than the supply, which makes a home in a gated community in Miami an excellent investment.
Related News on Coconut Grove and Gated Communities
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♦ 8 Reasons to Live and Buy in Coconut Grove
The Gated Communities in Coconut Grove
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