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John Gibes
Realtor
    Years of Experience: 18

    CDPE- Certified Distressed Property Expert

Direct: 954-483-4115

Office: (954) 874-2500



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RE/MAX PowerPro Realty
4301 S.W. 124 Avenue #101
Davie, FL
(954) 874-2500


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Posts Tagged ‘Cascada at Monterra’

Monterra at Cooper City New Homes

Friday, July 16th, 2010

Real Estate is coming back in Cooper City! Even with foreclosures and short sales, Cooper City is seeing some REAL real estate success. Let us look at the three new developments:

First there is Estada at Monterra, a gated community of 149 homes with access off Pine Island Rd. The first construction of homes on this site just west of Pine Island Rd and South of Stirling Rd. was started with TOUSA homes.

 After it went bankrupt, Lennar, a well respected builder took over. They are offering five models with prices starting  between $399,990 for a 1 story 3 bedroom, 2 bath home to $549,990 for a 2 story 5 bedroom, 4.5 bath home.

The most popular is the Bonita model- 1 story, 4 bedrooms, 3 baths and a 3 car garage starting at $429,990.

  Although models will not be available until September or October, they have sold 13 homes as of July 5 2010.

Next is Monterra, built by CC Devco, a Codina Carr Company. They have been in South Florida for a long time. They have the largest tract of land and are developing several communities  east of Pine Island Rd. between Sheridan St. and Stirling Rd. This gated community has its’ main entrance off of Pine Island Rd. with future entrances off  University Dr. and another off Sheridan St.

 Two communities are currently offered: Bella Terra and La Costa.  There are 11 models available in 3 different collections.

The Monterey Collection has 3 models starting from $280,900 for a 3 bedroom, 2.5 bath home to $314,900 for a 4 bedroom 2.5 bath home. These are all 2 story homes with 2 car garages.

 The Santa Barbara Collection has 4 models starting from $335,900 for a 1 story 3 bedroom 2.5 bath 2 car garage home to $414,900 for a 2 story 4 bedroom 3 bath 3 car garage home.

 Finally there is the Catalina Estate Collection with 4 models between $434,990 for a 1 story 4 bedroom 3 bath 2 car garage home to $514,900 for a 2 story 5 bedroom 5.5 bath 3 car garage home.

 Some models are available to see and they have sold 107 homes as of July 5 2010.

The newest is  Cascada at Monterra,  a gatedcommunityof  148 town-homes  built by Minto, another well established builder. They have 4 models of townhomes, all with a 2 car garage with prices from the $220′s for a 2-bedroom 2 bath with a mezzanine up to the $250′s for a 3 bedroom 3 bath unit. As of 7/5/2010 they have sold 20 homes. Models are open

I have previewed the models, floor plans and amenities and conclude that each of these communities have a lot to offer. Construction looks great and many features are set up for energy efficiency and lowering insurance costs.

If you are looking for a home in Cooper City, I would be happy to take you to Monterra as well as to resale homes.

Market Recap

  • Avg. Sales Price: 379,000

  • Avg. Days on Market: 69

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    National Stats

    Market Trends:

    • Ave. Home Sale: $379,000

    • Ave. Days on Market: 69

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