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Debra Wellins

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Pinecrest Category

Just Listed in Pinecrest

Debra Wellins This spacious home located at 7650 S.W. 122nd St.,  in S.W.  Pinecrest,  is 5 bedrooms and 4 baths with  5,599 square feet of living space on just under an acre. It has a large open kitchen, an oversized master bedroom and a long  covered terrace overlooking the private pool and backyard. As you can see in the photo gallery below, the spaces of  this Mediterranean home are roomy and airy with tasteful updates.  It's a fantastic family home that is move in... Continue Reading >

Pinecrest Real Estate Market Update

Debra Wellins To show you the trends in the Village of Pinecrest real estate market these days, I've created the chart below that shows the number of new listings that came out on the market each month in 2013 combined with how many of those new listings have either pended or sold. As you can see, we had the highest number of new listings in April and the highest number of pending or closed sales in May.  This trend is very common for... Continue Reading >

Luxury Sales in Pinecrest, Coral Gables and Coconut Grove

Debra Wellins The luxury residential market is healthy with 38 homes selling at $2 million and up.  Since January,  11 homes in  Pinecrest, 10 homes in Coral Gables and 17 homes in Coconut Grove have closed, 21 of which are waterfront. *Some Nice Features* Most of these high-end homes have what you would expect: gourmet kitchens, luxurious bathrooms, game rooms, quality craftmenship, guard gates, spectacular landscaping and boat dockage with waterfront estates.  But many have additional features that make them alluring homes to attract specific... Continue Reading >

Fire Protection Crisis in East Pinecrest and Palmetto Bay

Debra Wellins 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. Way too long! Lives are genuinely at stake!  According to the new Miami-Dade County Fire Chief, Dave Downey, an eight minute response time is inadequate.  Downey... Continue Reading >

Five Year Comparison of Average Price Per Square Foot in Pinecrest

Debra Wellins In looking at the "average list price per square foot" and the "average sale price per square foot" in Pinecrest, there is good reason for optimism.  These numbers are indicative of buyers and sellers frame of mind. Between  2009 - 2011, prices per square foot declined.  You can see by the graph below that  prices began to rise in 2012 and continue to rise by almost 7 percent this year. Buyers and sellers are clearly more confident about increasing home... Continue Reading >

Pinecrest Homes Under a Million

Debra Wellins There are some good buys in Pinecrest right now, particularly if you don't mind updating.  Out of 50 homes for sale under $1,000,000, eight are less than $600,000,  21 are between $600,000 and $799,000 and 28 are between $800,000 and $999,000 . Sixteen homes are reduced price listings and may be a good opportunity for buyers to negotiate a great deal. Single family home prices are on the rise so now is the time to buy.  See the chart below for a breakdown of Pinecrest homes under a million.            Pinecrest... Continue Reading >

Dog Park Needed in Pinecrest

Debra Wellins I just joined Mayor Lerner's Dog Park Committee to explore the development of a dog park in The Village of Pinecrest.  I don't know about you other puppy owners, but our Hungarian Vizsla has made a daily snack out of the family room sofa and needs play dates in the neighborhood  to burn up some of her remarkable energy.  A Pinecrest dog park would be fantastic. The committee is meeting Thursday evening, May 9 at 7:00 pm at Pinecrest Municipal Center... Continue Reading >

Pinecrest Under $500,000

Debra Wellins Only six residential homes are for sale in The Village of Pinecrest for under $500,000 and all but one are clustered near Evelyn Greer Park between 81st - 83rd Ave. and 127th - 132nd St..  Four of these are regular sales of homes built between 1955 and 1963 offering 3 - 4 bedrooms and 2 - 3 baths with 1,553 - 2,056 square feet of living space .  Two houses are short sales, one of which is a 4 bedroom, 2 bath build in 1983 listed for $399,000 and the other, a builders acre with a house... Continue Reading >

Zen is Hot in Pinecrest

Debra Wellins Several homes in Pinecrest have sold for more money this year (3 to be exact), but the home that sold for the "highest price per square foot"  is located in NE Pinecrest at 5952 S.W. 102nd St.   Homes in the NE quadrant of Pinecrest typically sell for the highest price and price per square foot and this property is no exception. 5952 S.W. 102nd St., built in 2008, offered 5,749 feet of living space with 5 bedrooms, 6 baths on an acre and sold for $2,600,000 or... Continue Reading >

Hard to Find a House in Pinecrest’s Devonwood

Debra Wellins Devonwood is a picturesque tree-lined and walled community in Pinecrest with approximately 77 homes located off 67th Avenue between 131st Street and 136th Street. The homes range from 4 - 8 bedrooms with 2,200 - 7,300 square feet (sf) of living area on sizable lots from a half acre to just under an acre.  Homes for sale in Devonwood generally cost from $600,000 to over $1.5 million. Devonwood, like all Village of Pinecrest communities, is a stable residential neighborhood, with a very low turnover of homes.  Since March, 2012, only six homes have sold and currently, only... Continue Reading >