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Debra Wellins

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Pinecrest Category

New Semi-Custom Home for Sale in Pinecrest

Debra Wellins This home for sale in the Village of Pinecrest is a great price per square foot for a new semi-custom home.  It is offered at $1,599,000 or $264 per square foot. Why is it so reasonable?  It's located across from Evelyn Greer Park on SW 82nd Ave and SW 124th St. on just under half an acre. The trade-off is clearly location for price.  The buyer gets a new home in Pinecrest that can be semi-customized, it's located less than a mile... Continue Reading >

Pinecrest Homes for Sale

Debra Wellins There are 115 single family residential homes for sale in the Village of Pinecrest. Take a look at he graph which represents price range intervals of $200,000 up to $2,000,000, where the price range interval shifts to $500,000.   Sixty nine percent or 79 of these homes are over $1,000,000.  The most active price range, however, is between $800,000 and $999,000 with 18 homes currently listed. Highs, Lows and Averages At the top end, there are two two luxury homes for sale in Pinecrest... Continue Reading >

Save Money on Pinecrest Homes! Village Launches Clean Energy Green Corridor

Debra Wellins The Village of Pinecrest  is making it easier for homeowners to obtain 100% financing to protect their homes from hurricanes, save energy, lower utility cost and make their homes safer and healthier.  The Clean Energy Green Corridor  program offers homeowners an opportunity to finance home improvement projects that include: Impact Windows or Storm Shutters New Roofs Solar Panels Heating and Air Conditioning Water Heaters Pool Pumps Ducting and Insulation Lighting Choose your own contractor, make the improvements your want and realize the savings on your property tax bill spread... Continue Reading >

Residential Land Sales in Pinecrest

Debra Wellins The Village of Pinecrest has been active in land sales this year with nine lots between .65 acres to 1.5 acres selling for an average of $18 a square foot.  The most expensive land,  a 6,438 square foot lot  lot on 78th Ave and 111th St., sold for $1,100,000 or $23 per square foot.  The smallest parcel on 78th Ave and 110th St sold for $370,000 or $14 per square foot. These lots were on the market an average of 250... Continue Reading >

Valuing Land – Buy a Tear Down or Vacant Lot?

Debra Wellins A buyer recently inquired about the value difference in buying undeveloped residential land vs a tear down.  When you purchase land, the major considerations are location, size and shape of the property, size of the home you wish to build and limitations due to protected trees.  There are also impact fees associated with new construction. With a tear down, there are costs to demolish and remove the structure but the lot usually has water and sewer in place.  Historically, Miami homes... Continue Reading >

Residents SPEAK Out for Pinecrest Dog Park

Debra Wellins What a huge turnout today at the Pinecrest Dog Park booth at Pinecrest Gardens Farmer's Market. Hundreds of people signed the petition SPEAKING out in support of a dog park at Veterans Wayside Park on SW 112th St and South Dixie Hwy. Folks were lined up to sign, many with their beloved dogs and many without. To sign the Pinecrest Dog Park petition, click this link. Please LIKE our facebook page - Pinecrest Dog Park.   [gallery ids="4473,4465,4471"] Official Meeters and Greeters [gallery ids="4476,4469,4467"] The Pinecrest Dog Park Committee... Continue Reading >

Pinecrest Modern Home for Sale

Debra Wellins An eye appealing and spacious modern home just hit the market in Southeast Pinecrest. This gated 1990 residence was recently remodeled with a new addition by Hollub Homes. Consisting of 5 bedrooms, 6.5 baths and 7,225 square feet of living space, it has all impact doors and windows and a two car garage and pool on just under an acre that is laden with oak trees. Offered for $2,972,000. [gallery ids="4390,4382,4380,4381,4378,4377"] Click  here to view all homes for sale in Pinecrest. To search houses for sale in... Continue Reading >

Key West Style in the Village of Pinecrest

Debra Wellins Hemmingway would approve of this beautiful Key West style home under construction in North Pinecrest.  The two-story luxury home, on over an acre, will have 10,519 square feet of living space with 6 bedrooms, 8.5 baths, a media room, a gourmet kitchen, a staff or in-laws quarters, a full size gym,  an elevator, a pool with water features and 2 oversized 2-car garages on opposite ends of the estate.   Offered for $4,900,000 or $466 per square foot.   To see the Pinecrest Market... Continue Reading >

Rock Lake in Pinecrest – Two Homes for Sale

Debra Wellins Very little real estate in the Village of Pinecrest is waterfront with the exception of homes along canals and on small lakes that do not have ocean access.  Rock Lake, nestled between 67th and 69th Ave and 124th St and 130th Terr, is one such community where residents can canoe and paddle boat while enjoying the serenity, privacy and views of the lake. Two Pinecrest homes are currently for sale in Rock Lake, only one of which is lakefront.  Pictured here, it is... Continue Reading >

Distressed Sales of Single Family Homes – Southeast Miami Dade Corridor – 2013

Debra Wellins Distressed single family home sales as a percentage of total annual sales are down since the first quarter in homes along the Southeast Miami-Dade corridor.  Distressed sales include foreclosures and short sales. I analyzed distressed sales in six cities: Pinecrest, Palmetto Bay, Coconut Grove, Coral Gables, South Miami and Key Biscayne.  In the chart  to the right you can see that Palmetto Bay had the highest percentage of distressed sales (17%) followed by Coral Gables (12%), South Miami (9.5%), Coconut Grove... Continue Reading >