9/22/2015 0:00:00

It`s no secret Doral has had an influx of foreign cash buyers buying real estate. But some of the prices are getting a little wild…and in so doing…it`s making Miami Springs real estate prices look like amazing bargains.

Take this home listed on Realtor.com for $910,000. It`s a new construction town home (not a detached home) with 5 beds and 4 baths at 2,497 Sq ft. Here`s the description from Realtor.com: “BEAUTIFUL NEW TOWN HOUSE WITH AMAZING GOLF VIEW,5 BEDROOMS, 4 BATHROOMS, STUDIO ON THE THIRD FLOOR, AND A GREAT ROOF TOP TERRACE WITH BARBEQUE INCLUDED. STEPS FROM SHOPPING, DINNING, SCHOOL AND WALKING DISTANCE TO THE TRUMP NATIONAL DORAL GOLF CLUB”

General Information
Beds 5 Bed
House Size 2,497 Sq Ft
Price $910,000
Property TypeCondo/Townhome/Row Home/Co-Op
Stories 3
Baths 4 Full Bath
Price/sqft $364
Year Built 2015
Style Townhouse Condo
Garage 2 car garage

Yes, that`s $910,000 (list price) for a town home.

By contrast, here`s a similar sized Miami Spring home at 2,294 Sq Ft with 3 Beds, 2 and a half baths on the Miami Springs golf course with a pool. The house sits on one-third of an acre, and also has a 2 car garage.

Here are details as listed on Realtor.com:” Classic Vintage Miami Springs Golf Course Home. This well maintained tri-level golf course home maintains most of its original charm. Features include new kitchen with stainless steel appliance`s and granite counter tops,new roof, impact windows,real wood burning fire place,2 car garage,updated under ground electric,resurfaced pool with new tile,outdoor jacuzzi,oak hardwood floors and stunning views of the golf course while maintaining your own privacy. Just bring your golf cart. Move in and enjoy….”

General Information
Beds 3 Bed
House Size 2,294 Sq Ft
Price $679,000
Property Type Single Family Home
Neighborhood Miami Springs
Status Active-Available
Baths 2 Full, 1 Half Bath
Lot Size 0.33 Acres
Price/sqft $296
Year Built 1952 – Request Renovation Report
Style Two Story, Tri Level
Garage 2 car garage

So what`s a better value? The golf course town home in Doral at $910,000 with 5 bed, 4 baths or the golf course home in Miami Springs with 3 beds, 2.5 baths and a pool at $679,000?

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