Published by Peter Zalewski
1/11/2024 
6:24:40 PM Project Description:
Arbor Residences in Coconut Grove is a living experience like no other – designed and inspired by nature. At Arbor Residences, good living starts with getting back to enjoying the great outdoors, with homes that are inspired by eco-living to provide the comfort necessary to live well. With beautiful natural wood finishes and an easy layout, all units are designed to promote the relaxation that comes from nature. Amenities include eco-friendly elements as well such as electric car-charging stations and an onsite bike sharing program and concierge.
With 52 residences spanning five floors, floor plans include 2–3-bedroom options of two-story lofts, penthouse residences with private terraces, and town homes with private gardens. From floor to ceiling windows to let in natural light, to 10–20-foot ceilings, to beautifully landscaped gardens, homes in Arbor Residences create a tranquil experience for residents to escape the hustle and bustle of the city – while its central location in Coconut Grove puts a world of entertainment, culture, and enjoyment right at your fingertips.
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CraneSpotters Preconstruction Condo Project Overview |
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| Condo Description | Details |
| PROJECT NAME | Arbor Residences |
| ADDRESS | 3034 Oak Avenue |
| SUBMARKET | Coconut Grove |
| COUNTY | Miami-Dade |
| WATERFRONT PROJECT | No |
| TYPE OF WATERFRONT? | |
| NUMBER OF TOWERS | 1 |
| TOTAL FLOORS (BY ELEVATOR) | 5 |
| TOTAL RESIDENTIAL UNITS | 52 |
| BED RANGE | 2 to 3 |
| RANGE OF SQUARE FEET | 1,455-3,000 |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 1 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 2 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 3 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 4 BED – XX – X,XXX SF |
| MINIMUM PRICE PER UNIT | 1.4 million |
| MONTHLY MAINTENANCE FEE PER UNIT | |
| MONTHLY MAINTENANCE FEE PER SQUARE FOOT | TBD |
| TURNKEY READY | |
| PROPERTY AMENITIES |
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| WATER VIEWS | No |
| PETS PERMITTED | Yes |
| MAXIMUM NUMBER OF PETS | |
| RENTAL TIMES PER YEAR | TBD |
| TOTAL ONSITE PARKING SPACES | |
| FIRST DEPOSIT % | |
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| UNIT FINANCING AVAILABLE | |
| RECOMMENDED LENDERS | |
| PROJECT STATUS | Under Construction |
| PRESALES UNDERWAY? | |
| RATIO OF PRESALES | |
| SCHEDULED CONSTRUCTION START | |
| SCHEDULED COMPLETION DATE | 2024 |
| YEAR COMPLETED | |
| DEVELOPER | Arbor Grove Development LLC |
| COUNTRY OF DEVELOPER | |
| DEVELOPER FEE % | |
| ARCHITECT | |
| ARCHITECTURAL FIRM | Behar Font & Partners |
| GENERAL CONTRACTOR | |
| DATE OF GROUNDBREAKING PARTY | |
| NOTICE OF COMMENCEMENT FILED | |
| DATE CRANE ERECTED | |
| DATE OF CONDO DECLARATION FILING | |
| DATE OF CONDO LAUNCH PARTY | |
| DATE OF TOPPING OFF | |
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| DATE OF SECONDARY LOAN | |
| CONDO PROJECT WEBSITE | |
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| MINIMUM PRICE PER DOOR | |
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Condo Market Inventory Tracker
A Snapshot Of Downtown West Palm Beach And The Island
| Databases | Active Listings | Months Of Supply |
|---|---|---|
| Condos | 344 | 8.2 |
| Luxury Condos | 153 | 9.6 |
| Shortsales | 0 | NA |
| REOs | 0 | NA |
| Rentals | 365 | 5.2 |
Peter Zalewski is a licensed real estate broker and consultant focused on the South Florida condo market. Zalewski is a former special contributor to the Miami Herald and a former real estate columnist for The Real Deal magazine. Zalewski now hosts the Miami Real Estate Investing Podcast that is available in audio and video wherever you get your podcasts.
Confused about whether it is the appropriate time to buy or sell a condo in South Florida? The experts at CVR Realty are here to assist you in crafting a strategy during this uncertain time. Unlike many brokers offering services, our organization has been through the cycles and can assist you to capitalize on the situation.
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