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Monthly Archives: May, 2022

Is $3.5 Million For An Historic South Coconut Grove Cottage Reasonable or Outrageous?

The quaint cottage at 3564 Avocado Ave, in the heart of the South Grove, combines a home originally built in 1936, replete with brick walls, a blue front door, Pecky Cypress paneling, and a gabled roof, along with a breezier section with sliding glass doors and a beamed ceiling that may have been added a few decades later to open out to the pool. Containing four bedrooms and four baths in just under 3,000 square feet, the house feels like a charming melange of old-Miami charm from a few different eras, with a huge price tag that seems appropriate for the maniacal post-pandemic housing market of today. Newly listed at $3.5M, the owners are asking more than twice what the house went for merely four years ago. Check out the photos, below.

Inside the Brand New Canopy Park; Inside Supertall Tower Major, Coming to Brickell

The latest real estate news around South Florida:

$55 Million Palm Beach Estate Immediately Flipped Back on the Market, Asking $79M

Just a few months ago, this 10,000 square foot Palm Beach estate on a sweeping piece of property facing Lake Worth sold for a whopping $55 million, which any sane person might think was an impressive enough price tag, after having been on the market for about five months. But this is how over-the-top the current real estate market is. The house appears to have been almost immediately whallopped back onto the market, with a new listing price of $79 million. If that brash of a flip isn't proof we live in truly bizarre real estate times, than what is?

Midtown Miami’s New Trader Joe’s Is Almost Ready To Open

Trader Joe's roomy new Midtown Miami store, which began construction at Gio Midtown back last June, is racing toward completion, as can be seen by a quick stroll by the new space. Peek in the window, and the store looks practically, almost, just barely complete. All that's seemingly missing is perhaps the last of the chain's signature visual flourishes, taking the plastic off the cash registers, and well, stocking the shelves, and boom. Although the store (#794) still hasn't announced an official opening date, the Big Bubble would not be shocked if it happens in the next week or two. Read on for a few interior photos, including a glimpse of the majorly big mural in the soaring entry.

“Motorsport Tower” Proposed; Trippie Redd Buys A House In Miami

A roundup of local and regional real estate news to wet your appetite:

Elegant South Grove Courtyard House Makes a Statement for $4 Million

In this real estate market, prices keep rising and rising to a point where it's almost embarrassing to write about a property when in the back of your mind you keep thinking "you get THAT for THAT???" This is not one of those houses. Compared to some of the hovels on offer in Miami Beach for literally the exact same price, this rather stately and elegant home in South Coconut Grove doesn't feel like its price, a cool $4 million, is extravagantly out of step with what's on offer.

Notorious Starlite Motel Being Demolished; Steven Ross is Taking Over SoFlo

All that, and a survey of more interesting and significant real estate news across Miami:

Explosion At A Big Havana Hotel; Could Miami Host The World Cup?

South Florida's latest real estate news:

Check Out the Big Bubble Newsletter for the Most Interesting Coverage of Miami Real Estate News

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