July 15, 2013

Palmetto Bay 2nd Quarter Sales 2013

Palmetto Bay is selling like hot cakes.  Eighty residential homes closed between April 1 and June 30, 2013 compared to 55 homes sold in the first quarter. That’s a 31 % increase.  Check out the graph to see the price breakdown.  The majority of homes sold between $400,000 – 449,000. The lowest sale was a […]
May 20, 2013

Fire Protection Crisis in East Pinecrest and Palmetto Bay

Residents along the Eastern boundary of Pinecrest and Palmetto Bay have no fire station to protect their homes and families.   There are two fire stations that serve Pinecrest and Palmetto Bay, both located on US1 at SW 104th St and and SW 152nd St.  The response time is about eight minutes to both neighborhoods. […]
May 18, 2013

New Listing in Palmetto Bay’s Cutler Oaks

Move right into this pretty home in Palmetto Bay’s Cutler Oaks, a gated community of 24 homes with French Colonial flair.  Just picture the fireplace in the parlor surrounded by furnishings of your own taste, where you can cozy up with a great book on one of the few cold nights we have. This family […]
April 23, 2013

Oceanfront Views – For Sale in Coral Gables, Coconut Grove, Key Biscayne and Palmetto Bay

You’d be surprised to know that true oceanfront single family homes for sale these days are rare.  Hundreds of properties have ocean access and are located off canals of Biscayne Bay, but there are only 17 properties in all of Coral Gables, Coconut Grove,  Key Biscayne and Palmetto Bay with true ocean or wide bay views – the kind you’d want to pay $10 million for. You […]
April 13, 2013

Distressed Sales Single Family Homes – Southeast Miami-Dade County – First Quarter

I read an article today in Florida Realtors who reported that the greater Miami area posted the highest foreclosure activity of any large city in the U.S. for the first quarter, with one in every 79 residences receiving some type of foreclosure filing.  This prompted me to analyze the distressed sale activity of single family homes in the South […]
April 10, 2013

What’s for Sale in Palmetto Bay?

As of April 8, there are 37 homes for sale in The Village of Palmetto Bay that are not under contract.  Six homes are listed for over $1,000,000, 15 are listed between $500,000 to $999,000 and 16 are listed for under $500,000.   None of these are foreclosures and only three are short sales. With so little inventory on the market […]
February 25, 2013

********* Palmetto Bay 2012 Year in Review *********

  Residential home sales in Palmetto Bay in 2012 were strong with 290 closed  sales  for a total volume of $118,073,513. The most expensive house sold for $1,00,000.00 at $285 per square foot while the least expensive home sold for $70,000.00 at $94 per square foot.  The average house in Palmetto Bay was a 4 bedroom, 2.5 […]