Category: Sold Projects

We are thrilled to announce the complete sellout of the Gabriela Estates subdivision. On November 28, a purchase and sale agreement was executed for the final five triplexes in the community, each selling for $1,297,500.00. Momentum continued with the issuance of the certificate of occupancy for Lot 7 on December 16, allowing the closings of the triplexes on Lots 5, 6, and 7 to successfully take place on December 19. Just days later, on December 23, the triplexes located on Lots 2 and 3 closed, officially bringing the development to a successful conclusion.

In total, Gabriela Estates achieved aggregate sales of $8,187,500.00, inclusive of the earlier sale of the two duplexes on Lots 1 and 4. The successful sellout reflects strong market demand, disciplined execution, and the effective delivery of the projects business plan; marking a significant milestone and a strong finish for the project.

Single Family Residence sold for $520,000.00.

Allied Companies is proud to announce that our New Luxury Single Family Residence at Cormen Subdivision SOLD. Lot-8

“Americans purchased homes at the fastest pace in nearly 11 years, as sales climbed 5.6 percent in November. The National Association of Realtors said this week that sales of existing homes rose last month to a seasonally adjusted annual rate of 5.81 million units. Home sales were last this strong in December 2006, when properties sold at annual pace of 6.42 million.

The strong demand for buying homes is a sign of an increasingly vibrant economy after a steady eight-year expansion.”

Source:
http://www.newstimes.com/business/real-estate/article/U-S-home-sales-climb-to-an-11-year-high-12451787.php

Cormen Subdivision
10310 SW 7 Terrace
Miami, Florida

Single Family Residence sold for $490,000.00.

Cormen Subdivision
10320 SW 7 Terrace
Miami, Florida

Allied Companies is proud to announce the selling of one of our New Luxury Single Family Residences at Cormen Subdivision. Lot-7

The single-family home real estate market in Miami is as strong as ever. According to a press release published by the MIAMI Association of REALTORS and the local MLS, Miami-Dade saw a total of 13,936 single-family homes sold in 2015, a total of 3.1 percent more than in 2014. Even more impressive is that “the 2015 statistic marks the third consecutive record year of single-family homes sold in Miami.”

Source:

 

Single Family Residence sold for $499,000.00.

Located at: Cormen Subdivision
10340 SW 7 Terrace
Miami, Florida

Allied Companies is proud to announce the selling of one of our New Luxury Single Family Residences at Cormen Subdivision. Home sales in Miami-Dade County increased in December, contributing to a record year for single family home sales in 2014. Single-family home sales increased to 13,521 in 2014 (4.8 percent), compared to 12,899 in 2013. In December, single-family home sales rose up to 1,250 (9.6 percent). As published by “The Real Deal” on January 2015.

The Miami real estate market again reflected great demand in 2014, said Christopher Zoller, 2015 Residential President of the Miami Association of Realtors, in a statement. More single-family homes were sold in Miami-Dade County than ever in history.