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Top 10 Most Expensive Homes Sold in 2011 – Coral Gables, Florida

January 25th, 2012 Written By Carol Pawley

Despite turnarounds, the real estate market in 2011 had its share of challenges. The South Florida market is no exception to the national housing market stress, but with help from foreign buyers and investors we’ve experienced a boost in sales. Perhaps, the most challenging area is the single family luxury homes market. With homes priced in the millions the average sold is one a month. When compared to the average of 39 sales a month for median and lower priced homes luxury real estate may seem like a tough sell. Even so, 2011 saw its share of multimillion dollar sales, leaving one with the impression that the Miami luxury market is still in demand.

Here are the top 10 most expensive sales of 2011 in Coral Gables, Florida:

1. 385 SOLANO PRADO

$ 9,000,000

2. 21 TAHITI BEACH ISLAND

$ 7,500,000

3. 6939 SUNRISE DRIVE

$ 6,800,000

4. 5228 OAK LANE

$ 6,600,000

5. 480 ARVIDA PW

$ 5,830,900

6. 325 COCOPLUM ROAD

$ 5,500,000

7. 6312 RIVIERA DRIVE

$ 4,500,000

8. 2 LEUCADENDRA DRIVE

$ 5,150,000

9. 23 TAHITI BEACH ISLAND

$ 5,150,000

10. 225 LEUCADENDRA DRIVE

$ 4,750,000

If you would like more information on available properties on the luxury market, please contact me at (305) 992 6188 or email me at carolapawley@gmail.com

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