Cocoplum Real Estate News: a must read for all sellers!

Cocoplum Real Estate News: Recent Sales Have Shown an Upward Trend in Prices

This is a must read for sellers. To discuss your personal needs please call me directly.

Here is our update. Thus far in 2016 sale prices in Cocoplum had been seeing a slight dip, but 2 sales will push these averages over. Just last week 9 Tahiti Beach closed for an eye popping $23.5M, a record breaking sale for Cocoplum real estate and the second-highest residential sale in Miami-Dade County this year.

Tahiti Beach is a renowned private community within Cocoplum and one of the most prestigious locations in Coral Gables. The 3 story home with 155 feet of waterfont closed at $1,907 per Sq.Ft, representing the highest price per Sq.Ft sale in Cocoplum. In December of 2015, 24 Tahiti Beach, which is a larger home and sits on a larger lot sold for $10,900,000 ($648 per Sq.Ft). If you see where these homes are situated on the Island, 9 Tahiti has the better view and the home has impeccable interiors by Ramon Pacheco/Jonathan Hogg.

9 Tahiti Beach was put on the market for $28 million three months ago. The seller is listed in public records as Adrianne Mittentag. The couple paid $2.32 million for the property in 1997. They tore down an existing home and built the mansion four years later. These kind of investment opportunities are quite common in Miami. Tearing down an existing house and rebuilding a luxury mansion has become a true trend.

 

Dry lots themselves have also seen a slight dip in the price per Sq.Ft. But much like the recent sale on Tahiti Beach the numbers are certain to change as 141 Rosales went pending in June and is scheduled to close at the end of August. This new construction built by Chatburn Group was listed at $4.8M ($854 per Sq.Ft). We will keep you posted when this property closes but be assured that anything over $630 per Sq.Ft will represent a record for dry lots in Cocoplum. The previous record for a dry lot was last May when 8020 Los Pinos Blvd sold for $629 per Sq.Ft. This was a much smaller home and the sales price was $2,080,000.

There is much happening in Cocoplum. The community is going through some changes and there is big money being spent on home acquisitions, repairs and construction.

We are on the forefront of everything that is happening in the community. For more information about Cocoplum Real Estate, Tahiti Beach or any other Gated Community in Coral Gables please contact us directly at

305-508-0899 – david@siddonsgroup.com – David Siddons

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David Siddons
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Akbota YerseitAkbota Yerseit
13:29 03 Jun 22
Excellent leaders!
Cathryne HaladnerCathryne Haladner
12:12 18 Sep 21
We have only superlatives to describe how wonderful Cris Buzolin was throughout the process of selling our townhouse in Coral Gables. We were away in the UK while the transaction was taking place and Cris handled everything-from clearing out our house, selling contents when she could, arranging the moving and storage and dealing with some very difficult problems which arose. Always patient and very willing to help in every way, Cris is a consummate professional who really cares about her clients and worked extremely hard to get the price we had asked for and make things for us as easy as she could. Nothing was too much for her to handle.Cris and Marianela (who provided additional very helpful assistance to us during the transaction) are part of the team that David Siddons has assembled.When we decided to sell our property, we contacted David and he established the framework for the transaction and ensured that everything proceeded smoothly and in accordance with our wishes. In sum, David Siddons and his team are extremely competent and professional and we are totally satisfied with the service they provided. To repeat, Cris Buzolin in particular, went way beyond what one would expect from a real estate agent. The David Siddons Group has our highest recommendation!
Jose Eduardo FilhoJose Eduardo Filho
17:17 13 Jul 21
I thank the whole team and especially Cris Buzolin who, in a very professional and competent way, helped me to sell my property safely and in the best market condition.
Idan Singh (Idan)Idan Singh (Idan)
19:53 07 Jun 21
Great Service for British Expats looking to move to the States.
Simone GarrettSimone Garrett
17:20 26 Feb 21
Fantastic group of people to work with!! David and Adriana were responsive and professional throughout the entire process. We weren't familiar with South Florida so David took us under his wing and did a fabulous job giving us a tour of select neighborhoods in South Florida and shared a great deal of information about each. We fell in love with the Botaniko community in Weston and closed the deal with Adriana. If you are buying/selling this is the team you want to work with!! Thank you guys for helping us find our dream home.
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