Exemplary Service

Debra Wellins

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Pinecrest Acre for Sale

Blank 3 I've got the inside track on a NE Pinecrest acre that is not yet listed for sale but available for $1.2 million.  This is a fantastic opportunity to buy this property while it's off-market. It's deep interior acre -  great for privacy - shaded by lovely oaks and palms on a quiet street with little traffic.  The lot is .93 acres or 40,712 square feet (SF). Although the property is being sold for land value, there is a comfortable 4 bedroom, 3 bath family home, with 2,312 SF of living space, including a renovated kitchen... Continue Reading >

The Gang Miami is Delish

Pork Rolls They call it "A concept of life" and I call it delish.  My gang had dinner here a few nights ago at this Asian fusion hot spot in Midtown (but where else these days). Besides absolutely loving the washing machine counter and cool vibe, the wait staff adorned lab coats inspiring in-vivo experimentation of their menu. We had a fantastic variety of small plates, my favorite being the Vietnamese Pork Rolls served with lettuce, mint and a phenomenal dipping sauce.  I would return just... Continue Reading >

Just Sold – Gorgeous Acre in Pinecrest

Front Elevation 2   I just sold this spectacular acre in the Village of Pinecrest.  The developer who purchased it will be building a beautiful contemporary home that will add tremendous value to the neighborhood. This was a challenging acre to sell.  Although located in one of the most sought after neighborhoods in Pinecrest, on a no-traffic street with beautiful majestic oaks and nice property dimensions, this acre had many site development issues that had to be resolved. moving a fire hydrant moving power lines, moving neighboring fences, boundary line issues and removal and... Continue Reading >

Village of Pinecrest Land Sales – 2014 Market Report

land photo The Village of Pinecrest has very few undeveloped parcels of land remaining.  Last year, 17 lots were purchased, 6 of which were undeveloped and 11 with tear-down houses that sold for land value only. Developers are chomping at the bit for beautiful parcels of land in prime locations in The Village. The chart below has all the data for 2014 Pinecrest land sales generated from the MLS.  This is a most time-consuming analysis as most of the acres sold are not necessarily listed under land sales but under... Continue Reading >

Pinecrest Home Sales 2014 – The Annual Report

Village of Pinecrest Map The numbers are in for 2014 single family home sales in the Village of Pinecrest. These numbers reflect all sales listed in the MLS but not homes sold by owner. Each year, I brake down Pinecrest sales by quadrants, with SW 112th Street representing the division between north and south and SW 67th Avenue representing the division between east and west. The chart below is self explanatory, but I'd like to point out the relevant changes between 2013 and 2014 that are the most interesting. The 2014 total volume in sales was up 18% over 2013.... Continue Reading >

Julian Marley in Concert at Pinecrest Gardens

Julian Marley 2 On Sat. March 7, the Garden Fund will present Julian Marley in concert at Pinecrest Gardens' Banyan Bowl. The Banyan Bowl is the Village of Pinecrest's premiere venue for an intimate outdoor music experience where every seat is great. Marley, son of legendary Bob Marley, is a grammy award nominated roots-reggae musician, singer-songwriter, producer and humanitarian.  Julian performs to sold out crowds throughout the world, and he comes to Miami for the Garden Fund's "Ninth annual Soiree in the Gardens",  a yearly event that raises funds for horticultural enhancement... Continue Reading >

Same Sex Marriage- The Property Title Issue

SSMC Same sex marriage became legal in the State of Florida on January 6, 2015.  And up until now, gay and lesbian couples had no rights as a married couple, despite being legally wed in other states. There are, however, legal issues that remain unresolved concerning same sex marriage that can and will impact real property and ownership rights. So how are the underwriters handling the issuance of title to same sex married couples (SSMC)? Here's the legal lowdown. They are instructing that joinder of... Continue Reading >

Sold – Waterfront Condo in Bay Harbor

kitchen The condo market continues to be hot.  I represented the buyers in the sale of a two bedroom, two bath waterfront condo on Bay Harbor Island in Miami Beach . This condo sold for a sweet $285,000, a great price for an apartment with bay and city views from every room. The owners are thrilled with their purchase and are in the process of fixing it up as they make this their new home, all the way from Sitka, Alaska. The condo has great amenities including... Continue Reading >

Hitchcock Film Festival at The Barnacle

42-21937410 Good Evening! Come on down to the waterfront tonight and enjoy two Hitchcock thrillers on the front lawn of The Barnacle, Friday, January 23, 2015. The Rope @ 7 pm The Birds @ 9 pm See one or see both.  Picnics are welcome and encouraged.  No alcohol served so BYOB.  Gates close 15 minutes after each movie begins.  No pets please. The Barnacle is located at 3485 Main Hwy in Coconut Grove. Contact: (305) 442-6866 I'm an estate specialist in Pinecrest, Coconut Grove and Coral Gables.  If you would like to schedule... Continue Reading >

Is There a Housing Bubble About to Burst?

Housing-Bubble I've been reviewing economic outlooks for the national housing industry to see what the experts are saying about bubble trouble for 2015. The “bubble” is an unsustainable rise in prices, often fueled by speculation and lending and characterized by easy credit, irrational exuberance and a rapid rise in prices. Real estate bubbles are measured by a few fundamentals and a crystal ball.   (1) Are prices rising faster in markets that are already inflated? (2) How many markets are overvalued by 10% or more? It seems that national home prices... Continue Reading >