Monday, September 29, 2014

Downtown Doral

doral-pre-construction
With the construction of the Townhomes at Downtown Doral underway and properties listed, the Downtown Doral development is in full swing.  Doral is undergoing a major overhaul with the addition of new residential and mixed-use properties but none compare to the extent that is planned for Downtown Doral.  The new Doral Government Center’s location in the middle of the Downtown Doral development and the construction of a new charter elementary school (due for completion by Fall 2015) show the importance of this part of Doral.  The Codina Partners have a vision of Downtown Doral being the hub of the entire city.   To bring this dream to life, Codina has teamed up with Lennar to build a city within a city.

In addition to the Government Center, there three-acres of public park space with $2 million of playgrounds, green space and a sculpture pavilion by artist Michelle Ona Doner.  Construction of the Townhomes is in full swing with completion of the first phase in the works and already sold out (re-sales have been listed) while the condominium is expected to be complete by the end of 2016.  On top of that, one million square feet of office space and 200,000 square feet of retail space are shown to be part of the development. 

doral-real-estate
Downtown Doral Location
Situated just north of the Miami International Airport, Downtown Doral is located between NW 87th Avenue and NW 79th Avenue with the newly, redesigned Blue Monster Course at Trump National Doral adjacent to the new community.  The location, in the heart of Doral, is ideal as it offers easy, quick access to the major thoroughfares leading into and out of Miami and the other areas within Miami-Dade, not to mention the major area travel hubs.    

Residential Property at Downtown Doral
Developers want living at Downtown Doral to be like living in a small town.  With tree lined streets, sidewalks and plenty of green space, residents will never want to live anywhere else. 

The residential plans for Downtown Doral consist of 2,840 properties spread out between condominium towers, townhouses and rental apartments.  With most still in the planning stages, the Townhomes at Downtown Doral are currently under construction.  Condominium construction should begin soon with completion of the first round of condominiums due at the beginning of 2016.  The first phase of the Townhomes is already sold out with strong sales for the first round of condominium sales.   Following is an overview of the residential property at Downtown Doral:
doral-new-construction

The Townhomes at Downtown Doral.  The Townhomes at Downtown Doral are large and luxurious inside and out.  Gourmet kitchens feature European custom cabinets, granite counter tops, Energy Star certified stainless steel appliances and a work island with raised breakfast bar as well as a roomy breakfast area.  The main living areas and bedrooms are open and airy with marble tile floors in the main living areas and marble framed window sills throughout the entire home.  These properties are in high demand which is obvious by the fact that the first phase is sold out. 

doral-pre-construction-condominium
5252 Paseo/5300 Paseo.  The condominiums at Downtown Doral are to be located at 5252 Paseo and 5300 Paseo.  The first, 5252 Paseo, feature one, two and three bedroom units with high-end finishes just as 5300 Paseo’s plans indicate.  Both buildings will be 20 floors with about 200 units in each building.  In addition to beautiful paseo or golf views, amenities in each residence will include a gourmet kitchen with stone counter tops, high-end steel appliances and designer Italian kitchen cabinets.  At 5252 Paseo, the first 18 floors will house condominium units with six penthouses per floor on the top two floors.  Every unit will be accommodated with one assigned parking space with the penthouses receiving two spaces.  Every unit will have amazing paseo or golf views.  5300 Paseo is still in development but will be just as elegant luxurious as its sister condominium.

Cordoba Apartments.  For those who do not want to own real estate but want the opportunity to live in Downtown Doral, Cordoba will offer luxury rentals that are hands above the rest.  With fully green eco-friendly units offering high efficiency HVAC systems, thermal comfort windows for temperature and humidity control, and gourmet kitchens with Energy Star stainless steel appliances and modern cabinetry, Cordoba is definitely going to be a top rental community in the entire city of Doral. 

Real Estate at Downtown Doral
The response to Downtown Doral has been unbelievable which is logical considering the mix of residential property and the continually growing popularity of Doral real estate.

townhomes-at-downtown-doral
The Townhomes Real Estate.  There are two main floor plans which offer several options and range in size from about 1,800 square feet to almost 2,000 square feet.  The two-story townhomes have several options to accommodate buyers’ needs. Whether buyers want two master suites, a master and two guestrooms, or even a master suite, guestroom, and an upstairs loft or home office, these properties are hot tickets at the current moment.  On top of this, buyers have the option of adding a third floor with either a loft, family room, or large guest suite as well as a large top floor deck that accommodates an outdoor living/dining area which is perfect for living in Florida.  The first phase of Townhomes is sold out with a couple of re-sales listed in the upper-$500s to low-$600s.  For the upcoming construction, general Pricing is as follows (subject to change):

Floor Plan A
Price Range:                                                          $449,000 - $549,990
1,796 SF A/C Area + Garage = 2,276 Total SF

Floor Plan B
Price Range:                                                         $582,990 to $604,990
1,998 SF A/C Area + Garage = 2,504 Total SF      

3RD Floor Penthouse Option
500 SF A/C Area
152 SF Covered Terrace
525 SF open deck
Total Additional Area: 1,177 SF                             $75,000

3rd FLOOR ATRIUM OPTION
638 SF A/C Area
152 SF Covered Terrace
387 SF Open Deck
Total Additional Area: 1,177 SF                             $100,000

Buyers can expect a payment structure for the Townhomes at Downtown Doral to be:
  • 15% at Contract
  • 10% at Groundbreaking
  • 10% at Top-off
  • Finishes / Upgrades: 75% of Total Upgrade Package or amount to sum 50% of total purchase

5252 Paseo.  5252 Paseo features one, two, and three-bedroom units some with dens as well as two and three-bedroom penthouses.  The square footage ranges from about 750 to just over 1,900 square feet.  At this point, there are over 40 units reserved.  

General pricing for the condominium is as follows:

Tower

Line #

Residence

Type

View
Sq Ft (A/C)
List
Price
Paseo
02
A
3BR/2BA
Golf
1,455
$501-568K
Paseo
12
B
3BR/BA +DEN
Golf
1,577
$513-612K







Paseo
11
C
2BR/2BA
Paseo
1,195
$388-425K
Paseo
10
D
2BR/2BA +DEN
Golf
1,166
$412-476K
Paseo
04
D
2BR/2BA +DEN
Golf
1,162
$411-481K
Paseo
01
E
2BR/2BA
Paseo
1,163
$393-450K
Paseo
09
F
2BR/2BA
Paseo
1,038
$369-390K
Paseo
03
F
2BR/2BA
Paseo
1,030
$360-387K







Paseo
08
G
1BR/1BA +DEN
Golf
848
$284-319K
Paseo
07
G
1BR/1BA +DEN
Golf
848
$280-334K
Paseo
06
H
1BR/1BA
Paseo
755
$252-287K
Paseo
05
H
1BR/1BA
Paseo
755
$252-290K







Paseo
06
PH1
3BR/2BA +DEN
180°
1,927
$839K
Paseo
01
PH2
3BR/2BA +DEN
180°
1,755
$779K
Paseo
02
PH3
2BR/2BA +DEN
Golf
1,560
$630K
Paseo
04
PH3
2BR/2BA +DEN
Golf
1,557
$630K
Paseo
05
PH4
2BR/2BA
Paseo
1,168
$490K
The payment structure for 5252 Paseo is as follows:
  • 10% Reservation
  • 10% at Contract
  • 20% Groundbreaking (forthcoming)
  • 10% Top-off (Approximately April 2015)
  • Balance to close (Early 2016)


5300 Paseo.  The newly released plans show two and three-bedroom units ranging in size from 1,118 to 1,927 square feet.  Amenities will include a pool, children’s play area, fitness facilities and massage rooms. The units will have a golf-course view.  General pricing is as follows:

Model
# Bed/Bath
View
SQ FT
Price Range





A
3 BD/2BA
Golf
1,455
$512 to $596K
C
2 BD/2BA
Paseo
1,195
$399 to $449K
D
2 BD/2BA + Den
Golf
1,162
$439 to $508K
E
2 BD/2BA
Paseo
1,163
$420 to $470K
F
2 BD/2BA
Paseo
1,038
$373 to $400K
F
2 BD/2BA
Paseo
1,030
$368 to $403K
G
1 BD/1BA + Den
Golf
848
$330 to $373K
G
1 BD/1BA + Den
Golf
848
$324 to $368K
H
1 BD/1BA
Paseo
755
$287 to $313K
H
1 BD/1BA
Paseo
755
$285 to $307K
J
2 BD/1BA
Golf
1,052
$376 to $471K
K
1 BD/1BA
Golf
860
$299 to $353K
L
1 BD/1BA
Golf
829
$312 to $337K
PH
Various
Golf/Paseo
1,560-1,927
$679 to $869K
doral-pre-construction
Making a Dream a Reality
Downtown Doral is something that the Codina Partners have been planning for almost 10 years.  Construction of the residential parts of the project signifies that they are finally making the dream a reality.  As more construction begins, so do the opportunities to buy Doral real estate at Downtown Doral.  Now is the time to consider all it has to offer. 


Saturday, September 20, 2014

Neovita: Doral's Newest Community on the Horizon

doral-new-construction
Terra Group is one of South Florida’s most innovative residential developers.  With neighborhoods like Doral Commons and Modern Doral, it is very evident that Terra Group seems to have its signature style with up and coming neighborhoods in Doral.   On some of the last remaining parcels of land in Doral, the Terra Group has created another exclusive Doral neighborhood – Neovita.  Inspired by clean, sleek lines, the architecture at Neovita Doral and other Terra Group neighborhoods is subtle in its design and contemporary in its style.  The plans show that Neovita is another pedestrian friendly neighborhood offering a mix of single family homes and townhouses.  Just like other Terra Group neighborhoods, Neovita will offer luxury Doral real estate for discerning home buyers.

doral-new-construction
Location of Neovita
The gated Neovita neighborhood is located on 104 Avenue NW between68th and 71st Streets in the heart of Doral.  The location is ideal as it is close to the most desirable Miami destinations such as Miami International Airport, shopping at Dolphin and International Malls, Trump Doral Golf Resort & Spa, Doral’s growing business district and the major travel arteries in and out of Doral.

Neovita Amenities
Neovita will be gated with a 24-hour guard and have a large clubhouse along with an infinity pool, fitness center, spa, areas for entertaining and more.  Additionally, there will be lush tropical landscaping at the entrance and throughout the neighobrhood.  
doral-new-construction

Inside each home, the details will focus on contemporary luxury.  The kitchens are large and gourmet-styled with porcelain tile flooring, high-end stainless steel Bosch appliances, custom-cabinetry and quartz counter tops.  The master baths are spa-like with a Roman tub and bidet, white bathroom fixtures, porcelain tile on floors and wet areas, and a frameless glass shower door.  Main living areas are open and airy creating a comfortable space for gathering and relaxed living. 

Other touches include covered terraces, driveways with pavers, fully sodded and landscaped yards with automatic sprinkler systems, hurricane impact windows with aluminum shutters, fenced-in backyards that provide privacy from neighbors, and more.  On top of this, homes offer other features including fixtures and finishes that give Neovita its luxury look and feel.

doral-new-construction
Real Estate
Construction at Neovita Doral is slated to begin at the end of the year with 80 single-family homes and 142 townhouses in the plans.  Single-family homes will offer four, five and six bedroom under about 2,700 to 3,600 square feet while townhouses will feature three and four bedrooms under about 1,800 to 2,000 square feet.  List prices range from the upper-$400s to upper-$500s for townhouses and the mid-$700s to about $1 million for single-family homes.

Currently, the payment schedule begins with a reservation deposit of $25,000 for townhouses and $50,000 for single family homes.  From there, another 10% will be at contract which includes the reservation deposit.  When construction begins, another 5% is due with 5% being paid at certain stages of construction.  When the roof is set to be added, another 10% must be paid with the remaining 30% at completion. 

Terra’s Last Doral Community
As the Terra Group’s last community development in the heart of Doral, this is definitely a signature Terra Group neighborhood with so much to offer.  Its contemporary style and ideal location will make it a highly sought-after Doral neighborhood


Friday, September 5, 2014

Top Five Doral Isles Listings Under $500,000

Doral is an excellent alternative to Miami for those who want to afford more house than they could in other parts of South Florida.  Within the city, there are excellent neighborhoods some of which are still under construction while others are established and attract many who are interested in moving to Doral – one of which is Doral Isles. Doral Isles is ideally located close to some of Doral’s top schools as well as major roadways and top golf courses. 

doral-isles-under-$500K
Doral Isles is a spectacular neighborhood in the heart of Doral that is made up of 13 smaller communities named after tropical Caribbean destinations.  The entire community is well sought-after by many buyers as the smaller “isles” consist of a combination of townhouses and single-family homes.  One drive through the tree-lined streets of Doral Isles showcases the resort-style environment and top of the line amenities that for the most part surround the Island Club.  Here residents and their guests enjoy the use of a large state-of-the-art fitness center as well as a coffee bar and club house.  On the outside, there are two large swimming pools with lush, tropical landscaping and an amazing playground as well as basketball courts and soccer fields.

With all that Doral Isles has to offer, many assume that it is an expensive community that most cannot afford.  But, truth be told, Doral Isles has something to offer for most every Doral home buyer with list prices that start in the low to mid-$200s and climb into the millions.  Following are the top five Doral Isles listings under $500K:

Doral Isles St. Lucia
St. Lucia is a gated community of three and four-bedroom townhouses with two and three baths and one to two-car garages.  On the larger size, the size of the residences in St. Lucia ranges between about 2,100 square feet and 2,300 square feet making it great for families as well as retired couples and most any other buyer.  As part of living in this community, residents have full access to the unbelievable amenities at Doral Isles including the clubhouse and pools, playground and sports fields. 

doral-isles-real-estate
As a point of reference, these are currently the only two listings in St. Lucia.  Over the past six months, nine properties have sold with sale prices from the
Currently there are only two homes for sale at Doral Isles St. Lucia.  Over the past six months, nine properties have sold with sale prices between the mid-$300s and mid-$400s.  It is worth noting to investors that there are rentals in St. Lucia with rental rates typically between about $2,600 and $3,500 per month.  Following are two of the top five Doral Isles listings under $500K which are located in St. Lucia:

11531 NW 68th Terrace, Doral Isles St. Lucia, List Price:  $499,900
This is a fabulous three-bedroom, three-bath home in St. Lucia with tons of upgrades.  From the kitchen with stainless steel appliances and granite counter tops to the large master suite with plantation shutters and a spa-like bath, the upgrades make this residence a gem.  Other features include a newly rescreened patio overlooking the lake and a large capacity air conditioning unit replaced in 2012 as well as a front load washer and dryer, accordion shutters, high ceilings and more.

doral-isles-real-estate
11622 NW 69th Terrace, Doral Isles St. Lucia, List Price:  $479,000
Another spectacular St. Lucia property is this four-bedroom, two and a half bath home with an open dining, living and kitchen area with granite counter tops ideal for families and entertaining.  The master bedroom is large and connects to a private bath with shower and Jacuzzi tube.  Other highlights include tons of storage, a separate laundry room, back patio with hot tub and an entertainment area adapted from the garage.


Doral Isles Martinique
Another Doral Isles community is Martinique which is home to one and two-story single-family homes and townhouses with three and four bedrooms.  The homes are smaller in size than other Doral Isles neighborhood with most ranging between slightly over 1,400 square feet and about 2,800 square feet.  Like the other neighborhoods, Martinique residents have access to all of the top notch amenities at Doral Isles.  This is also another perfect neighborhood for many buyers from those looking to upgrade their homes to those wanting to downsize or have a vacation or investment property.

doral-isles-real-estate
There are five properties for sale in Martinique with list prices from the upper-$300s to mid-$500s.   Over the past six months, three properties have sold with sale prices between the upper-$400s and mid-$500s and the average number of days on the market at 104 days.  For investors, rental rates for properties in Martinique usually range from just under $3,000 to about $4,000 per month.  Here are two of the top five Doral Isles listings under $500K are in Martinique:   

11218 NW 73rd Terrace, Doral Isles Martinique, List Price:  $495,000
Here is a beautiful townhouse with three bedrooms, three baths, and a large kitchen with granite counter tops as well as a computer nook or home office area on second floor.  In addition, flooring on the main level is tile while the second is all laminated wood floors.  There is also ample closet space, a nice private patio in the rear and a one-car garage.

doral-isles-real-estate
7353 NW 113th Court, Doral Isles Martinique, List Price:  $479,000
This is a single family home in Martinique situated on a corner lot.  There are three bedrooms and three baths under over 2,100 square feet with a large kitchen that has tons of counter space and cabinetry.  The master is large with a private spa-like bath that has a double sink vanity and nice glass enclosed shower.  This is an excellent option for investors as it currently has tenants. 


Doral Isles North
Doral Isles North is a community in Doral Isles that is comprised of a combination of townhouses and single-family homes.  Properties in Doral Isles North range from about 1,650 square feet to over 3,300 square feet in size with list prices between the mid-$300s and mid-$600s.  As for recent sales, there have been about 20 sales over the last six months with sale prices from the mid-$300s to mid-$500s.  Rentals in Doral Isles North typically have rental rates between about $2,000 and $3,500 per month.  Like the other communities, Doral Isles North residents enjoy full access to all of the amazing amenities that come with living in this highly-sought after neighborhood. 
doral-isles-real-estate

7671 NW 113th Court, Doral Isles North, List Price:  $479,000
This is an excellent 2,100+ square foot home with four bedrooms and four baths of which one bed and bath are situated on the first floor.  The kitchen is large with stainless steel appliances and granite counter tops and opens up to a roomy family room.  The large master is on the second floor and includes a wonderful bath with separate vanities and a whirlpool bath tub.  There is a separate laundry room as well as a wonderful patio that faces the community lake. 


Real Estate for Every Buyer
There are currently over 100 properties for sale Doral Isles with list prices topping $1 million.  From first time buyers to those looking for estate style properties to those who want to downsize and make homeownership easier, there is definitely real estate for most every buyer.  The best part is that large properties are plentiful for under $500K. 



Saturday, August 30, 2014

Five Most Recent Doral Real Estate Sales

Every so often, it is worth checking out what is selling on the Doral real estate market.  As it changes almost on a daily basis, Doral continually grows getting stronger and stronger.  The most recent sales show that home buyers are buying single family homes, condominiums and townhomes.  Following are the most recent Doral real estate sales:

doral-real-estate
7056 NW 116th Court, Barbados, Islands at Doral, Sale Price:  $398,000
When you compare this property to the others for sale around it, this was an awesome opportunity for the buyers.  As the largest model in the Barbados community at the Islands at Doral, it has four bedrooms and two and a half baths.  Built in 2002, this home sits on the corner and has everything a buyer wants in a new home – glorious kitchen with granite, stainless steel appliances and tons of counter tops.  Islands at Doral has on-site guards every day of the week, all year long along with tons of amenities including a great pool, club house, fitness center and more.  The Islands at Doral is a popular and well-sought after community in Doral that is close to A+ schools, shopping, major thoroughfares, and Miami International Airport.   As a comparison, there are about 35 single family homes for sale in the Islands at Doral with list prices falling between the upper-$300s to almost $1 million.  Additionally, over the last six months, there have been 14 sales in the Islands at Doral with sale prices from the upper-$200s to upper-$500s and an average number of days on the market at 115 days.  The Islands at Doral is a wonderful neighborhood that has a lot to offer many types of buyers from first time buyers to those who are upgrading to larger, nicer homes to those wanting to downsize or even buy a second home or investment property. 


doral-real-estate
6101 NW 114th Court, Apt 120, The Gates at Doral Isles, $230,000
Townhouses are always sought after properties in Doral.  With so many people doing business in and around Miami, condominiums and townhouses are perfect as second homes as well as investment property.  This townhouse features large bedrooms and a nice open living area.  The kitchen has granite counters, custom cabinets, and an island with lots of workspace.  At the Gates at Doral Isles, residents enjoy living in a gated community with access to the unbelievable community amenities like the pools, clubhouse with meeting rooms, playground, fitness center, tennis courts and more.  One of the nicest attributes of the Gates at Doral Isles is that the HOA fees include insurance, water, sewer, trash, building exterior and amenities.  On top of all this community is located near I-75 and Costa Del Sol Golf course, schools and shopping.  Currently, there are 11 units at the Gates at Doral Isles with list prices ranging from the lower-$200s to mid-$300s.  In the past six months there have been nine sales with sale prices falling in the $200s and an average number of days on the market at about 80 days.  In terms of investments, monthly rental rates run from about $2,000 to about $2,500 for annual leases depending on the size and location of the unit.  Doral Isles is one of the best neighborhoods in which to live in all of Doral. 


doral-real-estate
5300 NW 87th Avenue, # 1206, The Blue, Sale Price:  $210,000
The Blue gives investors the best of both worlds in Doral.  Its location is close to Miami and it sits on a gorgeous golf course making it perfect for doing business.  As a condo/hotel resort, The Blue Hyatt Residences is the perfect opportunity to invest in vacation property that is fully managed.  Owners can visit when they desire then put their properties in the pool for others who come to the area for a golf vacation.  The unit is professionally designed and has tons of space with a beautiful kitchen and living area.  The views are spectacular too!  There are about four listings at the Blue Hyatt Residences with list prices falling between the low-$200s and low-$400s.  As for rental rates, owners can expect to get $2,200 (studios) to $4,000 (three-bedroom) with short or long-term leases available. 


doral-real-estate
11548 NW 43rd Terrace, Sand Castles at Doral, Sale Price:  $290,000
This Sand Castles at Doral townhouses features three bedrooms, two baths with a one-car garage along with a large kitchen with ample counter space and cabinets, large bedrooms with walk-in closets, a nice open living area and large back patio that is fenced in for privacy.  On the second floor, there is a nice loft area that is perfect for a home office or homework nook.   Sand Castles at Doral is ideally situated close to the Florida Turnpike as well as the Miami International and Dolphin Malls, top rated golf courses and excellent schools not to mention having low association fees. There are currently three listings with prices falling between about $300K to $350K.  Over the past six months, there has only been one sale which stayed on the market for 73 days and sold for about $285,000. For rental investors, monthly rental rates usually fall around $2,000 to $2,500.  Because of the size of the townhouses (1,500 – 1,600 square feet), they are very popular for those seeking rentals.


doral-real-estate
9934 NW 41st Street, #18, Villas of Amberwood, Sale Price:  $182,500
This is a two-bedroom, two and a half bath townhouse in the highly sought after Villas of Amberwood.  While the community is an older one built in 1981, it is still a fantastic neighborhood that is gated and has several amenities including a pool, tennis courts and club house.  Inside this home, the features including a large kitchen with breakfast area, a screened in patio with ceramic tile floor, a large living area and large bedrooms with hardwood floors.  This was an awesome sale for the buyer.  It is one of three townhouses that has sold at the Villas of Amberwood in the last six months with sale prices in the upper-$100s and low-$200s, and the average number of days on the market at only 22 days – this property sold within five days.  Additionally, there are currently two listings that are offered from the mid to upper-$200s.  The Villas at Amberwood allow leasing; monthly rental rates typically range between $1,700 and $2,300.  It is a great place to buy property whether you are a first time buyer, are interested in downsizing or want to invest in rental property.


Lots of Opportunities for Home Buyers 
There are lots of opportunities for home buyers interested in Doral real estate.  The most appealing characteristics of Doral are that it has some of the state’s best golf courses within a short drive not to mention the major travel arteries in and out of Downtown Miami and other parts of Florida.  As for potential buyers, it is the perfect area for first-time buyers not to mention those who have a desire to downsize or even invest in rental property.   


Keep in mind that Doral real estate sells fast so be ready to move when you find what you like.  There is a chance that it will be sold right out from under you!

Monday, July 28, 2014

What $300K Buys in Doral

Now that the real estate market is really back in business, people are becoming more interested in buying real estate again.  Whether looking for investment opportunities, buying a first home or vacation property, or even looking to downsize, Doral real estate offers many options to buy residential property at a reasonable price.  In fact, there are over 250 priced at $300K and below which is why so many buyers are turning their heads west towards this growing Miami-Dade community.     Following are current properties listed for sale to show what $300K buys in Doral:

$300K-in-doral-real-estate
8243 NW 107 #6-13, Leeward Islands, List Price:  $299,999
This is a wonderful two-story townhouse at Leeward in the Islands at Doral.  One of the most appealing features is that there are four bedrooms and three baths of which a full bed and bath are situated on the main level with the others upstairs.   Ideal for a family, this property is open and inviting with nice features such as  tile floors on the first level and laminate flooring on the second as well as stairs.  Leeward is ideally located close to shopping, schools and golf.  Additionally, it offers easy access to major thoroughfares into and out of South Florida.  There are 14 properties for sale at Leeward with comparable units priced between $299,999 and $350,000 (this is the most efficiently priced unit of this size).  Over the past six months, three units have sold with sale prices $275,000 and $280,000 and the average number of days on the market at 118 days.  As for rental investments, Leeward is very popular with renters and features monthly rental rates $1,800 and $2,100 (four bedrooms and three baths) for annual leases. 


$300K-in-doral-real-estate
5630 NW 114 Path #101, Las Brisas at Doral, List Price:  $300,000
This single-story corner unit features three bedrooms, two baths and a nice kitchen with room to move.  Built in 2000, Las Brisas is a guard-gated community and perfect for anyone wanting extras like tennis courts, a fitness center, pool and even a playground for kids.  It is centrally located close to schools, shopping and restaurants.  Additionally, Las Brisas at Doral is just a short drive from excellent golf courses including Trump National.  There are currently 13 units for sale each offering two and three bedrooms with square footage between 1,260 and 1,420 square feet.  Over the past six months, three properties at Las Brisas have sold of which two have three bedrooms.  The average number of days on the market for these three was 157 days.  Las Brisas at Doral properties are excellent investments with rental rates for similar units coming in around $1,800 to $2,000 per month for annual leases.


doral-real-estate
8960 NW 97th Avenue, #202, St. Maarten at Grand Bay, List Price:  $300,000
Newly built in 2013, this is a wonderful unit at the highly sought after Grand Bay.  It features over 1,200 square feet that encompasses a large and roomy kitchen with granite counter tops, stainless steel appliances and custom cabinets as well as three bedrooms and two and a half baths.  In addition to lovely lake views, Grand Bay has excellent amenities including an expansive two-story clubhouse with oversized pool, sundecks, a kids’ water park, fitness center with aerobics rooms, tennis and basketball courts, a great playground, park area and more. Other similar properties have similar list prices.  This property is under lease until January 2015 with similar properties for rent with rental rates between $2,000 and $3,000 per month.   Grand Bay is a new community with a lot to offer.


doral-isles-real-estate
10710 NW 66th Street, #413, Doral Isles, Captiva, List Price:  $300,000
This is a huge opportunity to live in highly sought after Doral Isles Captiva.  The features include two bedrooms and two baths, hardwood floors throughout the unit along with arched doorways and a lovely kitchen with tons of counter and custom cabinet space.  In the main living area, there is a stunning tray ceiling that highlights the room.  Nothing compares to living in Doral Isles with all the amenities.  The pools alone are spectacular as are the clubhouse, fitness center, playgrounds and more.  Add to that the fact that the community is gated makes this the best place to live.  Additionally, major thruways into and out of South Florida are very close by for easy access.  List prices at Captiva are priced between the upper-$200s and the mid-$400s with two-bedrooms priced up to the mid-$300s.  Investors should note that rentals in Captiva have monthly rates from about $2,000 to $4,000.   This is an excellent opportunity to buy great Doral real estate that is ideal for first-time buyers, investors and those who want to downsize or buy vacation property. 


doral-real-estate
3870 Alcantara Avenue, #73C, Costa del Sol, List Price:  $303,000
Costa del Sol is a wonderful gated townhouse and golf community centrally located in the heart of Doral.  This residence features two bedrooms and two and a half baths plus a den as well as a brand new kitchen with stainless steel appliances and double granite counter tops, custom California closets, and continuous Spanish ceramic floors throughout the entire residence.  Costa del Sol offers residents tons of amenities including a great playground for kids, a wonderful community pool, a golf club and more.   Properties at Costa del Sol are priced between the high-$200s and mid-$400s for two and three bedroom townhouses.  Over the past six months, 21 residences in Costa del Sol have sold with sale prices falling between the mid and upper-$200s and the average number of days on the market at about 93 days.  For investors, rental rates at Costa del Sol range between $2,000 and $3,000 per month. 


Lots of Options for $300K
Doral real estate offers lots of options for about $300K.  By heading west a short distance from Miami, potential buyers can get much more bang for their buck.  Whether a first time buyer, someone who is interested in vacation property or investor wanting rental property, Doral is a great place to consider. 



Sunday, July 13, 2014

Top Five Doral Condominium Listings

The Doral real estate market is always changing.  Not only are there new properties listed every day, increased development of new communities and neighborhoods is on the rise in this growing Miami-Dade city.  Because many of the residences here are second homes and investment property, condominiums and townhouse properties are very popular in Doral.  Here are the top Doral condominium listings:

for-sale-at-doral-colony
4957 NW 93rd Place, Doral Colony, List Price:  $750,000
Doral Colony is an enclave of townhouses in Doral Estates, one of Doral’s most exclusive neighborhoods.  This open and airy townhouse is situated along the Trump National Golf Resort and features three bedrooms and three baths.  The property features a new kitchen with stainless steel appliances, custom cabinets and tons of counter space.  Additionally, there are other appealing assets including a loft that can be used as an additional sitting room or home office as well as a small breakfast nook with adjoining den area, a two-car garage, and large screened-in patio.  The fixtures and finishes here incorporate marble and hardwood flooring, cathedral ceilings, hurricane impact windows and a brick paver driveway and sidewalk.  Located directly across from the community pool and tennis courts, this residence is ideal for retirees who may want to downsize or executives who spend a lot of time working in Doral. 

for-sale-at-doral-colony
4959 NW 93rd Doral Circle, Doral Colony, List Price:  $675,000
This is a rare one-story residence at Doral Colony.  It offers two bedrooms and two and a half baths plus a den (ideal for a third bedroom) plus a new gourmet kitchen with granite counter tops, tons of custom cabinet space and stainless steel appliances.  This is the perfect spot for golfers as it sits on the grounds of Trump National Doral. Additionally, the bathrooms have been remodeled and there are built-in closets and so much more.  The screened in rear patio showcases gorgeous water view and the newly rebuilt fairway of one of Florida’s most treasured PGA courses.  Because Doral Colony is located in the prestigious Doral Estates, there is 24-hour private security patrol as well as a lovely gated and private community pool and tennis courts for residents and their guests.  We cannot say enough about this special property.  It has so much to offer its owners. 


for-sale-at-doral-cay
6095 NW 104th Path, Doral Cay, List Price:  $650,000
Here is a phenomenal opportunity to own a gorgeous townhouse in the new and exclusive Doral Cay.  With four bedrooms and three and a half baths under over 2,800 square feet, this residence has tons of upgrades including an amazing gourmet kitchen with quartz counter tops, tiled back splash custom cabinets and stainless steel appliances as well as 24” x 24” porcelain tile floors throughout the downstairs and bathroom areas and hardwood and carpeted floors upstairs.  The residence has a nice outdoor area that faces the community’s lake.  Ready for move-in, Doral Cay offers residents tons of community amenities like a 24-hour guard gated entrance, elegant clubhouse with fitness center, children’s play area, meeting rooms and more, an infinity pool and spa, children’s water park on the pool deck, covered BBQ area and more.  Doral Cay is centrally located near shopping, restaurants, the malls and the soon to open IKEA located just north of Dolphin Mall.  Doral Cay is a special place to live where you feel like you are always on vacation.


doral-colony-listings
9333 NW 50th Doral Circle, Doral Colony, List Price:  $650,000
A brick paver sidewalk leads to this unbelievable residence in Doral Colony.  Another one-story property, features abound to make this a perfect place to live in Doral.  From the upgraded gourmet kitchen with stainless steel appliances, granite counter tops and contemporary custom cabinetry to the open and airy living areas, no stone has been left unturned here.  There are three bedrooms and two full baths which includes a large master suite with an elegant and roomy master bath and tons of closet space.  The rear screened in patio offers lake views with newly constructed Trump National Doral fairways across the water.  Doral Colony is one of Doral’s most prestigious townhouse communities with well-maintained and tropical landscaping as well as 24-hour security patrol located within gated and exclusive Doral Estates.  This is the perfect neighborhood for avid golfers and those who are retired with a desire to downsize without giving up luxury.

doral-colony-real-estate
9339 NW 50th Doral Circle, Doral Colony, List Price:  $648,000
This Doral Colony property was originally listed in April but underwent a price reduction recently still keeping it as one of the top condominium listings in Doral.  Located in Doral Estates, this Doral Colony condominium is ideally situated as a corner unit with three bedrooms and two and a half baths.  It offers wide open living areas with cathedral ceilings as well as a recently remodeled kitchen with granite counter tops, stainless steel appliances and beautiful custom cabinets.  Doral Colony is one of the nicest and most exclusive areas of Doral in which to live and has wonderful amenities including a beautiful community pool and tennis courts.  The large screened-in patio faces the water with golf course fairways in view from a distance.  Imagine enjoying lunch on your patio as you watch the WGC-Cadillac World Championship golfers hitting their balls across the fairway. One of the nicest features at Doral Colony is that it is established and is full of tropical landscaping that is mature and colorful. 

Tons of Doral Condominium and Townhouse Listings
While the top listings are located in Doral Colony and Doral Cay, there are tons of Doral condominium and townhouse listings throughout this ever-growing community.  More and more development is in the pipeline bringing additional Doral real estate ownership opportunities.  While the rest of the country has spent the last couple of years rebounding from dismal real estate losses, Doral has defied the norm and continued to prosper just as it will do as time moves on.

Saturday, June 21, 2014

Most Affordable One, Two, and Three-Bedroom Doral Rentals

We love to promote the fact that Doral rentals are much more affordable those in other areas of Miami-Dade County.  Even with several new communities under construction, the rental rates continue to stay at a realistic level that is reasonable.  Here are the most affordable one, two, and three-bedroom Doral rentals:

doral-rentals
One and Two-Bedroom Doral Rentals
There are not as many one or two-bedroom Doral rentals on the market as larger rentals with three or more.  Most people that come to live in Doral are in the professional sector and need a larger living space for their families.  With those that are available for rent, the monthly rental rates fall between about $1,100 at Doral Gardens and $2,500 at the Blue Resort and Doral Isles.  Doral Gardens offers the most affordable one and two-bedroom rentals in Doral. 

Doral Gardens is a gated community comprised of apartment homes that have open living spaces, large kitchens and spacious bedrooms.  It is situated very close to Trump National Golf Course as well as Miami International Airport and the main thoroughfares in and out of south Florida. 

If you are interested in an affordable one-bedroom Doral rental, here are a couple of options:

4340 NW 79th Avenue, Apartment, #2B, Doral Gardens, Monthly Rental Rate: $1,150

5221 Geneva Way, Doral Gardens II, #204, Monthly Rental Rate:  $1,175

As for the two-bedroom rentals, here are the two most affordable two-bedroom rentals:
4650 NW 79th Avenue, #2G, Doral Gardens, Monthly Rental Rate:  $1,350

4260 NW 79th Avenue, #1A, Doral Gardens, Monthly Rental Rate:  $1,400

Three-Bedroom Doral Rentals
Currently, there are over 130 three-bedroom Doral rentals with rates falling between about $1,700 at the Islands at Doral and $4,000 at the Blue Resort.   Three-bedrooms range from units in condominium buildings to townhouses in more upscale neighborhoods.  Following are a couple of the most affordable three-bedroom Doral rentals:

doral-rentals
11202 NW 83rd Street, #105, Promenade Shores at Doral, Monthly Rental Rate:  $1,699
This is a fantastic three-bedroom, two bath unit on the first floor. It offers residents a wonderful and spacious kitchen with tons of cabinet space, tiled floors and stainless steel appliances.  Additionally, the unit is equipped with a washer and dryer.  The community amenities are plentiful and include a clubhouse with fitness center and great outdoor pool area, security and tennis courts.  Promenade Shores at Doral is situated in an ideal location close to schools, highways, shopping and Doral’s championship golf courses. 

doral-rentals
6670 NW 114th Avenue, #604, The Courts at Doral, Monthly Rental Rate:  $1,700
This unit features three bedrooms and two baths under almost 1,300 square feet with amenities like a large kitchen with tons of counter space and cabinets as well as accordion shutters, a washer and dryer, large balcony and more.  The community is ideal for families with a pool, playground, and clubhouse.  It is also close to the area’s top schools, shopping, restaurants and golf courses.  

Affordable Luxury
One thing on which Doral prides itself is the fact its real estate market offers affordable luxury.  With so many neighborhoods in the works and more rental communities under construction, Doral rentals will accommodate the needs of most every renter who plans to spend extended time in Doral or is not ready to buy property.  Take time to look at the available Doral rentals to find what fits your needs.



Copyright 2012 Doral Riches. All rights reserved. 8180 NW 36 Street Suite 321. Doral, FL. 33166. Tel (305) 799-7437. Fax (786) 888-1487 info@doralriches.com