Miami’s Coconut Grove Grows from Birkenstocks to Billionaires After years of losing luxury buyers and developers to South Beach and Downtown, the Miami enclave is attracting record-setting condo projects The WSJ wrote a piece that was published today about the transformation taking place in Coconut Grove. Its amazing what the 5.6 square mile village has blossomed into. At the same time where prices are soaring (One Park Grove will see prices as high as $1,900 psf) the developers are working closely with the residents and city officials to ensure that the Grove keeps its identity. Now is as good as a time as any to invest in the future of Coconut Grove. As prices are plateauing in areas of Miami, Coconut Grove continues to rise. If you have any questions or are interested in commercial or residential opportunities in Coconut Grove please feel free to contact me.
Below you will find a link from today’s Miami Herald. In the Business Monday section there was an extensive real estate article that highlighted the current status of the Miami market. In the article there was an announcement that EWM was the #1 choice as Miami-Dade’s top residential real estate brokerage firm. http://www.miamiherald.com/news/business/biz-monday/article21123369.html Miami Herald and Bendixen & Amandi (International research firm) conducted an anonymous survey of major developers, brokers and other industry watchers. These 105 real estate professionals were asked the question, “Which real estate company would you choose to buy or sell your own personal residence, if you could not use your own company?”. Their #1 response was EWM. Recognition by our industry peers of our collective professional ability is perhaps the greatest honor that any brokerage firm within our industry can receive. As you will see, during the first four months of 2015, EWM ranked #1 in all luxury sales in both Miami-Dade & Broward Counties combined, for EVERY luxury price range — $1M+, $2M+, $5M+, $10M+, $15M+ and $20M+. Over one-half billion dollars of luxury properties in just 120 days! Thank you for your support and your business.