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Gated Communities in Miami – Hughes Cove
The Gated Community of Hughes Cove – A Complete Review
Hughes Cove is an exclusive and gated community in Coconut Grove. This waterfront and gated community is one of the most exclusive communities in all of Miami. For the boat lovers this Coconut Grove gated community offers a canal to the bay without any bridges. Most of the homes in Hughes Cove are of newer construction.
Gated Communities in Miami – Hughes Cove
Hughes Cove is one of the most exclusive and private gated communities in Coconut Grove. Residents can enjoy a private park, a tennis court, as well as a small boat basin with a dock space. Homes in Hughes Cove vary in price between $3,950,000 and $12,850,000. Waterfront homes sell on average for $8,5M or $866 per Sq.Ft while non-waterfront homes sell for $3,950,000 or $401 per Sq.Ft. A very small amount of homes is sold on a yearly basis. In the last 2 years only 4 homes sold.
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.
Below you will find all the data of what home values in the gated community of Hughes Cove have done over the last few years and other important real estate data interesting for both sellers and buyers.
David Siddons
david@siddonsgroup.com | +1 305 508 0899
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FAQ
These are the most commonly asked Google Real Estate Related questions
1. What are the Current Best New Condos in Miami?
If you want to hear in more details our opinions on the best new Miami new construction condos. Please read this article:Best New Construction Condos 2022-2023.
2. What is the best New Construction Condo in Fort Lauderdale?
In our opinion, the Residences at Pier Sixty-six are certainly the most interesting and unique. Already well underway this 32 Acre project will be home to the first of its kind Marina where owners will be able to anchor up vessels up to a staggering 400 ft! For specifics of this project see our independent review of this project.
3. How can I compare the new luxury construction Condos to the best existing Luxury Condos in Miami?
Our Best Luxury Condos in Miami article will prove to be very useful to those looking to compare the existing to the new. You may also want to watch this video which shows the performance of the best Condos in Miami over the last 15 years!
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