Cocoplum is one of the nicest gated communities in Coral Gables. Most of the homes within Cocoplum’s gates are waterfront, many with no bridges to the bay, making it even more desirable. Like the rest of Miami, prices of waterfront homes in Cocoplum have been on the rise in the past few years and the trend continues upward. This week I analyzed waterfront real estate sales in Cocoplum from the past 6 months and compared it to the same 6 months in recent years. This year, there have been 6 closed sales compared to 4 in 2012 and none in 2011! Last year, these homes sold for an average of $501/square foot and that number has increased 6% this year to $529/square foot. There are currently 7 waterfront homes pending sale in Cocoplum with an additional 13 homes on the market. Cocoplum is busy! Interested in buying in there? I can help!