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Old 09-20-2008, 08:58 AM
 
69 posts, read 161,439 times
Reputation: 50

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Houses in Miami are not even worth $10. Take your $700K and invest it
somewhere nice in California where your property won't devalue as much,
better life quality, better jobs, better pay, better everything. Laguna Beach,
New Port, Marin County, San Jose etc.
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Old 09-21-2008, 08:51 PM
 
34 posts, read 157,236 times
Reputation: 33
That's a joke...$700K in Laguna beach, Marin county will get a shack or a 2 bedroom 1100 SF condo if you're lucky.
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Old 09-21-2008, 09:28 PM
 
Location: Miami
6,853 posts, read 20,100,610 times
Reputation: 2914
Quote:
Originally Posted by hbrulay View Post
That's a joke...$700K in Laguna beach, Marin county will get a shack or a 2 bedroom 1100 SF condo if you're lucky.
You can get a nice 1,800 sqft 3/2 just over the hill from Laguna Beach in Aliso Viejo for 525k, prices have come down in Cali....
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Old 09-22-2008, 11:24 AM
 
Location: Sarasota Florida
1,236 posts, read 3,661,626 times
Reputation: 1230
I lived in the "downtown" area of Coral Gables for over 30 years and left for a retirement adventure out west.

I would consider relocating back to the Gables because I'm confident of its sustained $$ value and city services (excellent police/fire).

I'd avoid buying property too close to 8th Street and Red Road.
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Old 09-22-2008, 02:10 PM
 
Location: Miami
763 posts, read 3,256,696 times
Reputation: 258
In terms of location only, both are really great.

Aledo Avenue house: Benefits of this house is it's walking distance to Shops at Merrick Park, Coral Gables HS, Miracle Mile and Metrorail. Another big plus about this house is that the FREE Coral Gables Trolley goes right down Ponce Blvd, so you could literally take the trolley from your house to Miracle Mile, Metrorail, Merrick Park, etc. and all for free.

Capri Street house: This house is in a much quieter part of Coral Gables, but at the same time VERY suburban. You'd have to drive to anywhere you want to go, because there's nothing in walking distance of this house. Judging by Google Maps, however, the property looks big and it looks like the area has a lot of big, old trees which is always very nice.
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Old 09-22-2008, 02:24 PM
 
34 posts, read 157,236 times
Reputation: 33
Thanks to all for some great advice!!
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Old 09-22-2008, 06:28 PM
 
Location: Sarasota Florida
1,236 posts, read 3,661,626 times
Reputation: 1230
P.S. From my memory, I think the 222 Aledo house is situated two blocks from Douglas Road, which is very commercial and IMHO, not all that desirable. However, it is in a location where you can walk to almost everything if you like that...... and I personally do!
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