Penthouse for sale | 2675 South Bayshore Drive
Coconut Grove | Miami Real Estate Gem
In the heart of swanky Coconut Grove, footsteps away from couture shopping and exquisite dining sit this magnificent, fully-furnished 10,180 square foot penthouse in the sky. Surrounding this generous living space, is an expansive veranda, capturing majestic views of Biscayne Bay. Renowned, award-winning designer, Steven G, created exquisite spaces throughout this substantial home, including, 6 bedrooms, 7.5 bathrooms, 2 offices, a bar, wine cellar, entertainment space, and much more, including a private plunge pool and a 4 car private garage. A unit you’ll have to see to believe.
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- Floor Description: Ceramic Floor
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Coconut Grove is Miami’s oldest neighborhood and traces of the district’s colorful past are evident on every street corner. Blanketed by tropical greenery, Coconut Grove features plentiful wildlife and ebullient natural beauty. Between bricks of coral and limestone, ivy-coated walls, ample shade, and historic architecture that references its roots as a hippie commune in the ‘60s, its distinctively vibrant ambiance are unmistakable.
Tropical living in a historic neighborhood. Coconut Grove was the first settled area in South Florida, with communities surrounding the Cape Florida Lighthouse as early as 1825. Some of Miami’s oldest structures are preserved here, and even the newer parts of town conjure images of the hotels and plantations of its past.
Living in Miami
If you are looking for a place to invest in real estate, Miami, Florida is a top choice. In fact, Miami is considered one of the best American cities for a real estate investment. Located on the southeastern tip of the Florida peninsula, Miami is a major transportation and business hub. In addition, Miami is home to tons of luxury homes, resorts, and more. Are you looking for a dream home in Florida? If so, keep reading below to learn all about Miami Real Estate. Your dream home in paradise could be closer than you think.
Miami Real Estate – Luxury Investment
Right now, buying Miami real estate is a wise investment. Currently, properties are showing an 18.6 percent return each year. In addition, local real estate prices are still affordable compared to other major coastal cities in the US. Likewise, real estate experts recommend purchasing a home in the area as opposed to renting. Also, for individuals who want to buy a vacation home to earn rental income, experts indicate it is 23 percent cheaper to buy a property as opposed to renting it. Specifically, for homeowners that buy-in Miami Beach, it is 43 percent cheaper to buy a property than to rent.
Beautiful South Florida
Miami-Dade county is regarded to have some of the most beautiful neighborhoods in South Florida. There, residents and homeowners are able to enjoy a variety of activities all year round. For example, there is world-class golfing, sailing, boating, luxury shopping, fine dining, natural parks, and exciting nightlife. In terms of real estate options, there is everything from beachfront condos to luxury family homes on the Bay. Many new developers are in the process of constructing new condo buildings throughout Miami-Dade County. Whether you want a family home, a second home, or a rental property, you can find it all in Miami.
One of the best parts about living in Miami is the amazing weather. The climate of Miami is considered tropical. There, the region enjoys pleasant and sunny winters and summer months bring more heat and humidity.
On average, temperature ranges from 20 °C (68 °F) in January to 29 °C (84 °F) in July and August. As a result, visitors and residents can enjoy the miles of Miami’s incredible beaches all year round. Plus, there are wonderful restaurants and international cuisine so that everyone can find something they enjoy.
Similarly, there is world-class shopping so that fashionistas will be able to find the latest styles. Miami is a wonderful place to live. The area’s excellent weather creates an ideal location to enjoy a luxury outdoor lifestyle.