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Home Buying in Northeast Coconut Grove : Real Estate Advice

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  • Local Info1
  • Home Buying8
  • Home Selling0
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Activity 7
Wed Oct 23, 2013
Irina Karan answered:
It is the listing agent's responsibility to update the status of the sale in MLS and on Trulia.com.
If you are the seller, have your agent take care of this for you.

Hope this helps,

Irina Karan
Beachfront Realty, Inc.
IrinaKaran@gmail.com
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Wed Oct 23, 2013
Irina Karan answered:
When working with a realtor, ask her/him to call the management office and verify the information for you. Multiple Listing System (MLS) does not warranty their information. Often, the info their is either missing or wrong...

Hope this helps,

Irina Karan
Beachfront Realty, Inc.
IrinaKaran@gmail.com
... more
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Wed Oct 23, 2013
Irina Karan answered:
If you plan to buy there, make sure that you offer a lower price to reflect the upcoming assessments.
If the assessments come up before you buy - offer the lower price and pay for the assessments separately, so that your sale is lower for tax assessment purposes.
This is all negotiable - to the extend the seller is willing to work with you, of course...

Most buildings have to go through 40 year recertification.
Once that is done - the values will go up, but before it is done - you do have a good opportunity to buy, as more sellers will not want to go through the noise of a construction site and the expense of the building improvement, and will start selling now. I see this happening all the time.
Again, once the building looks better - the values will go up.

Hope this helps,

Irina Karan
Beachfront Realty, Inc.
IrinaKaran@gmail.com
... more
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Sun Oct 24, 2010
John Walin answered:
Hi
I found this old question and have a personal interest in buying an REO 2BR condo in Miami beach or coconut grove area. This posting is over a year old, since that time has prices gone down further? I am capping my buy at 100k and am at the earliest stages of searching. Would be nice to be walking distance to beach, near shopping,restaurants and bars. Wife and I are 50 yrs old so we are lookng at being able to rent out 10 months a year and spend 2 weeks at a time in FLA. HOA's in trouble are a concern to me, and deed restrictions not allowing non owner occupancy is also a factor. I like the idea of cabbing from the airport and not need a car using public trans on visits. Anyone have web links to actives? ... more
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Tue Aug 11, 2009
Maria Eugenia Neret answered:
I was just reading your question, and one other interesting option that you did not mention is the Coconut Grove Bayshore, located on South Bayshore, accross from Monty's. The units are very large, with enourmous balconies, and closets, the building offers tennis, pool, sauna, and gym. I have a listing there that you might want to see. I can be reached on my phone, 305-609-8408, or by e-mail neret.e@ewm.com. Good luck on your search. ... more
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Sun Nov 23, 2008
Maricel Cobitz answered:
I have friends that live in Yacht Harbour, Grove Towers and Grovernor House. Yacht Harbour is older and some units are a bit dark. They have a good layout inside though. Grove Towers have big balconies with wonderful views of either the city or bay and the condos are a very good size inside. Some of their condos were updated by the owners. If you view the penthouses they have a spectacular view with their wraparound balconies. They are two level condos with two main entrances on each floor and a jacuzzi on the roof. The negative part is the jacuzzi is not private you can see everyone else's jacuzzi on the rooftop. And finally, Grovernor House in newer with a beautiful lobby and condos. If you want to spend the money go for Grovernor House otherwise I would choos Grove Towers the layout inside the condo and balcony are wonderful.

Maricel Cobitz
www.coconutgroverentals.net
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