Pinecrest – Community Information

September 5, 2014

The Lake at Pinecrest Gardens Gets a Facelift

Pinecrest Gardens, the spectacular botanical garden in The Village of Pinecrest, has just completed the installation of a gorgeous rock border around the lake thanks to funding provided by The Garden Fund and the support of Craig Morell, Horticulturist at Pinecrest Gardens. The oolitic rock was also placed between the grass and the dessert garden […]
August 28, 2014

Pinecrest Homes For Sale Under $700,000

The Village of Pinecrest has 11 single family homes for sale under $700,000. They range from $496,500 for a 4 bedroom, 2 bath house with 1,578 square feet of living space to $699,000 for a 4 bedroom, 2 bath home with 2,071 square feet of living space. All 11 of the homes for sale have 3 or 4 […]
August 11, 2014

Highest Sale – Lowest Sale in Pinecrest

Here’s the ying and yang of single family home sales in The Village of Pinecrest this year. Let’s start with the high end.  Located at 9030 SW 60th Ave, this 7 bedroom, 8 bath, 3 half bath home with 12,400 square feet of living area on over an acre sold in June for $6,199,000 or $444 […]
July 8, 2014

Pinecrest Townhouse Sales

Since January, only 4 townhouses have closed in Pinecrest, two at Swan Lake and two at Sutton Place. The prices ranged from $425,000 ($224/SqFt) for a 3 bedroom, 2.5 bath townhome at Sutton Place to $650,000 ($221/Sq Ft) for a 3 bedroom, 3 bath tonwhouse at Swan Lake. The townhouse market in The Village of Pinecrest is extremely small […]
June 10, 2014

Inventory of Homes for Sale is on the Rise – Especially in Palmetto Bay

There are definitely more homes on the market this year over last.  Take a look at the graph to the right that compares single family homes for sale between Jan 1 and June 1 in 2013 and 2014. Palmetto Bay has seen the greatest increase in homes for sale, up by 44%.  This is a super hot area to […]
June 8, 2014

Glorious Royal Poincianas

Spectacular, are they not?    The Royal Poinciana, with its red, vermillion, orange and yellow flowers and bright green fern-like foliage, spread their arms high and wide, shading us with the most splendid and famboyant canopy. One of the most gorgeous trees in the world, the Royal Poincianna was named after Phillippe de Longvilliers de Poincy, the 17th century governor […]
June 5, 2014

How Long to Sell Your Home in Pinecrest

Sellers frequently ask me how long I think it will take to sell their home in the Village of Pinecrest.  Homes that are priced correctly usually sell within weeks in today’s seller’s market.  Price is clearly the number one factor that determines speed of sale. That being said, the time it takes to sell a home depends […]
June 2, 2014

Pinecrest May See Decline in Sales Price Per Square Foot

This year, single family homes in the Village of Pinecrest have sold for an average of $300 per square foot. I’ve been looking at pending sales data for 2014 and it shows the average list price per square foot at $260. Since the average sale price to list price ratio is 95% for the year, meaning […]
April 27, 2014

Miami Palmetto High’s Solar Cart at Pinecrest Garden’s Earth Day

Students from Miami Palmetto High School are displaying their solar cart today at Pinecrest Garden’s Earth Day Celebration. Pam Shlachtman, science department chairperson, explained that the solar cart was built about two years ago to demonstrate how solar panels can produce electricity. The first device it powered was a Sony PlayStation but they have also used it to power a boom […]