INVESTOR PRICED: NORTH COCONUT GROVE CAPS SOUTH

My listing at 2515 SW 17 Avenue in North Coconut Grove is now priced for any investor to purchase with confidence.  This meticulous 3 bedroom may be rented as each side is self contained consisting of a 1/1 and then a 2/1 on the other side.  Large yard with plenty of room for entertaining makes this a gem waiting to be snatched up!  To read more details about the finishes read all about this amazing tropical Grove property!  With plenty of built-ins the property is ready [...]

JPG Active Listing Snapshot – End of May 2016

I’m excited to share the exclusive JPG portfolio of active listings as we come to the end of May. As you peruse luxury property choices on my website, it’s safe to say that you’ll have an excellent range of options as you search for your new home ahead of the school year. The 18 properties represent everything from significant historical homes to brand new construction from star architects. You’ll find condos, townhouses, and private single family homes that are priced right and ideally located based on [...]

Jill Penman Honored By ONE Sotheby’s: Inducted into Top Producer Circle

ONE Sotheby’s International Realty just announced that I have been inducted into the 2016 Top Producer Circle. My sales volume in 2015 placed me within an elite group of the top 20 associates in the leading luxury real estate firm. As an honoree, I was recognized in Miami Herald announcement as well as a private South of Fifth dinner at Milos where I enjoyed celebrating a year of productivity with a small group of fellow high achieving colleagues. As a top performer in a market [...]

Coral Gables Market Snapshot – March 2016

The Coral Gables Non-Waterfront property category is massive and the activity snapshot in the past 6 month reflects that.  There have been 203 transactions and the average sold price was $1,102,485 with an average price per square ft at $391. The previous 6 months before that, we saw 279 transactions with an average sold price of $1,019,750 and average price per square ft at $381. The momentum is consistent and the average price per square foot is on the rise. See all the data for [...]

JPG Community Spotlight: Gables by the Sea

Gables by the Sea is a gated waterfront community located in historic Coral Gables and very near to Pinecrest. Residents enjoy direct access to the bay with no bridges as well as a family-friendly atmosphere offering a lifestyle that includes signature South Florida pursuits like water sports, fishing, and boating. Top ranked preparatory schools are also in very close proximity to the waterfront sanctuary. The beautiful homes protected by a 24 hour guarded house are situated on small weaving canals and feature private boat docks [...]

A Step-By-Step Guide to Selling Your Home

The holidays can be a very busy time for real estate. If you’re thinking about listing right now, I’ll enumerate some steps and processes you can expect to encounter when selling your home. The experience starts with choosing your listing agent and feeling confident in the person you have selected. Visit their websites, social media accounts, and firm bio page to ensure that they are reputable and have favorable client testimonials. You should prepare your home for the professional photo shoot that will serve to [...]

Why Work With Jill Penman Group?

The Jill Penman Group offers services centered on the customer and their lifestyle. Conceived from the client’s point of view, we showcase the properties that not only match financials but also suit their lifestyle. For our sellers, we present their properties to the marketplace in the same way. Our philosophy is that bigger is not better, better is better. And the way that we deliver this differentiated and comprehensive service is through local expert knowledge from Jill Penman’s 15 years living in Coconut Grove as [...]

Experts Weigh In: Has Miami’s Luxury Market Lost Its Vigor?

The Real Deal published an interesting piece featuring market wisdom from some of Miami’s real estate rock stars including ONE Sotheby’s very own President, Daniel de la Vega. Many say that Miami-Dade’s residential market is leveling out after many consecutive months of growth. There’s a buildup of inventory and a strengthening of the US dollar that’s thwarting international buyers who historically contributed to the Miami-Dade post-recession environment. Miami-Dade leads South Florida in both sales and inventory in the $1M and up price range, but has [...]

Penman’s Take – Are We In a Buyer’s or Seller’s Market?

I believe the current story in the luxury real estate market of South Florida is a story of multiple personalities. Depending on the property and the listing strategy, property owners and seekers can experience different conditions. The good news is that if you work with me to adjust the price and condition - or seek homes with advantageous initial offerings - you can manipulate the market to work in your best interest.   For example, many Jill Penman Group clients are experiencing a seller’s market. [...]

Answering Coconut Grove vs Coral Gables Client Questions

I have a strong background of working with a lot of clients relocating from other parts of the country (read testimonials here). When I begin my work as a buyer’s guide, clients often ask to view both Coral Gables & Coconut Grove property and usually ask me to compare the two communities. In general, the Grove is bit closer to the rest of Miami from Key Biscayne, Brickell, to Downtown and Miami Beach making the convenience factor slightly higher. The supply of active listings are [...]