BBRE & GPC Restore and Sell Coconut Grove Single-Family Home in 10 Months

02/01/2011

BayBridge Real Estate Group, LLC and Good Property Company Restore and Sell Coconut Grove Single-Family Home in 10 Months 

MIAMI—February 2011—Working together, Good Property Company (“GPC”) and BayBridge Real Estate Group (“BayBridge”) managed to purchase, renovate and sell a 3,400sf, 4-bedroom single-family residence in Coconut Grove, FL.

The home at 3330 Crystal Court (a few blocks from LeBron James’s new home) was distressed in March 2010 when GPC purchased it, but Joshua Gurwitz and the GPC team completely restored the property adding additional bedrooms and baths, a new kitchen, a great room, a new pool, and a breathtaking roof deck.

Adam Greenberg, Managing Director of BayBridge represented GPC in the sale of the property.  The property was sold January 14, 2011 for $1,050,000 netting GPC a 10-month return of over 15 per cent on their investment.

 

 

About BayBridge Real Estate Group: a boutique full service residential and commercial real estate brokerage company specializing in the Central and South Florida Markets. Offering clients a single-source service that coordinates all phases of a transaction, from strategic planning and detailed financial analysis through assignment completion, BayBridge is designed to effectively market and sell client properties and represent potential buyers in their search for specific properties.

About Good Property Company: a diversified real estate firm based in Miami, Florida. Founded in 2009 by Joshua Gurwitz, GPC offers a broad range of real estate related services including development, project management, debt and equity financing, and consulting.

In 2010, GPC formed GPC Partners, LLC, an investment firm focused on real estate opportunities in South Florida, New York and Washington, D.C.

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