4150 La Playa Boulevard Sells In South Coconut Grove

The home located at 4150 La Playa Boulevard closed this week for a sales price of $2,025,000 or $386.00 per square foot. The home had great finishes and was located on a beautiful lot. This home is one example of why you can't always use the "average price per square foot" of an area to determine value. The property sold (rightly so) for over $100 more per foot than the average home in Coconut Grove. Due to the fact that it offered so many special features and that there was nothing like it on the market helped garner a higher "price per square foot". Listing agent was Jo-Ann Forster of EWM.

Of all the sales that have occurred this year in Coconut Grove, this is only the second non-waterfront home that closed over $2,000,000. The other was the property located at 3710 De Garmo Lane in the gated community of De Garmo Estates which sold for $2,737,500 or $352.00 per foot.

If you would like to buy or sell real estate and are looking for an experienced Realtor in Coconut Grove, please don't hesitate to contact me at 305.342.1623 or send me a note here.

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