North Ponce (Coral Gables, FL)
By Adrian Salgado
(DASH - A Real Estate Company)
This one caught my eye today. A 2/2 in Puerta de Palmas just hit the market with a list price of $349,000. It is a Darien model corner unit with 1,072 SF located on the 17 line of the building. Why did it catch my eye? For one, because of the unit’s location within the building. If you look at the keyplan above, you will see that the unit sits on the northwest corner of the building. Everybody loves a corner unit, right? That’s not the best part. The best part about being in the 17 line is the fact that the main elevator shaft is located directly west of the 13 line (see keyplan above), meaning that the only residents going right upon exiting the elevator are those living in the 16 and 17 lines. The other thing that caught my eye was the listing price. At $349,000 ($325.56/sf), this un...
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By Adrian Salgado
(DASH - A Real Estate Company)
Not since Biltmore II was built on the southwest corner of Biltmore Way and Segovia Street in 1973 has the north side of Coral Gables seen a larger residential condominium project than Puerta de Palmas. Situated adjacent to the Puerta del Sol archway that marks the northeast entrance (Douglas Entrance) to Coral Gables, the 16-story Mediterranean-style structure is home to a whopping 198 units. One hundred ninety eight units? Yes, one hundred ninety eight units. Ciento noventa y ocho unidades. I know, I know. When you’re used to suffering from arthritis of the neck from looking up in disbelief at the behemoths under construction directly to the east, comparing a 198-unit building to something like a 50 Biscayne (which I happen to like a lot) is like comparing the Stardust to the MGM Gra...
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Coral Gables, FL Real Estate Professionals