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Debra Wellins

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New Listing in North Coconut Grove

Debra Wellins Nothing not to like about this North Coconut Grove luxury home steps from the bay with Riparian Rights. There are 4 bedrooms upstairs, 1 bedroom or office downstairs, 4.5 baths , 4,768 square feet of living space and wood and marble floors. It has all the bells and whistles including a large open kitchen, fireplace, three car garage, elevator, gym, back-up generator, pool and an outdoor grill. Offered at $2,095,000 [gallery columns="4" ids="5459,5458,5460,5462"] I am an estate specialist in Coconut Grove, Coral Gables and Pinecrest.  If you would like to... Continue Reading >

Four Reasons for Flat Home Sale Prediction for Next Year

Debra Wellins The nationwide outlook on residential home sales for next year is steady, but with rising prices due to a low inventory of homes for sale. The National Association of Realtors (NAR) predicts this sharp reversal from the past two years in which existing home sales increased from the year before. What's Bogging Down the Sales? Lack of income growth - Markets with stronger job growth will fare better next year. The best performing housing markets next year will likely include Salt Lake City, Houston, Denver,... Continue Reading >

October Home Sales in South Coral Gables

Debra Wellins Snapper Creek Lakes, Gables by the Sea, Old Cutler Bay Estates and Pine Bay Estates were the only luxury communities in South Coral Gables with closed sales in October, 2013.  A total of five homes sold along Old Cutler Road, South of Kendall Drive (SW 88th St). The chart below lists the five properties that sold, the highest in Snapper Creek Lakes and the lowest in Gables by the Sea.  When looking at price per square foot, the house on Balada St.,... Continue Reading >

October Home Sales in Pinecrest

Debra Wellins October has been a sluggish month for single family home sales in the Village of Pinecrest.  Only seven homes closed. The average sale was a 5 bedroom, 4 bath home, with 5,020 square feet of living space, that sold for an average price of  $1,126,071.00 or $222 per square foot. On the bright side, however, there are 41 homes that are pending sale, a strong market indicator leading up to the holiday season. As of Nov. 1, there are 116 homes listed for sale in Pinecrest. Check out the chart... Continue Reading >

Oceanfront Property for Sale in Vero Beach

Debra Wellins Vero Beach, located along the Treasure Coast of Florida on the Atlantic Ocean, is about 139 miles north of Miami. It only takes about 2.5 hours to drive there, which makes for a phenomenal vacation home away from the hustle bustle of Miami life. [gallery ids="5206,5205,5207"] I am a residential estate specialist.  If you would like more information on oceanfront property in Vero Beach, give me a call directly at 305-898-1852 or drop me a note at Wellins.D@ewm.com. Click here to check out my post on an inside glimpse into one of Vero... Continue Reading >

Would You Buy a Haunted House?

Debra Wellins Here are some creepy stats on consumer perceptions on buying a "haunted" house. Would you buy a haunted house? 26% would consider buying a haunted house 36% might consider a haunted house 38% would not consider a haunted house What would be the deal breaker in considering the purchase of a haunted house? 75%  levitating objects 63% objects moved from where they were placed 63% ghost sightings 61% supernatural sensations 61% flickering lights or applicances 60% by strange noises (doors slamming, footsteps) 34% by warm or cold spots Would you expect a discount... Continue Reading >

New Home for Sale in the Moorings

Debra Wellins The Moorings is an exclusive waterfront guard gated community along The Commodore Bike Trail in South Coconut Grove.  There are 41 homes in this community, poised around a large cul-de-sac with two main roads, North Moorings Way and South Moorings Way. 3485 N. Moorings Way just came on the market, completely renovated and updated with 5 bedrooms, 4.5 baths and 5,128 square feet of living area.  It has huge closets, a home generator, in-laws or guest quarters with a private entrance,  a 2 car garage, and  a... Continue Reading >

Miami Heat’s Chris “Birdman” Anderson Buys Home in Pinecrest

Debra Wellins The Birdman is roosting in Pinecrest.  Gossip Extra is reporting that Chris Anderson just bought a five bedroom, five bath home for $1.89 million in the Collins Acres area of Pinecrest. The main house, 7,505 square feet with marble floors throughout, includes a large living room, enormous family room with a fireplace, a fully equipped party-sized kitchen, and a master-suite with enough room for a gym.  Birdman can put in a b-ball court on the one acre property that includes a lighted tennis court, heated pool and guest... Continue Reading >

Alfred Browning Parker Home for Sale

Debra Wellins Alfred Browning Parker, professor emeritus at the University of Florida, School of Architecture, began designing homes in South Florida in the early 1940's. Influenced by Frank Loyd Wright's organic style, Parker's buildings are revered for their craftsmanship and use of local materials that embrace the environment and integrate seamlessly with the sub tropical climate. Built in 1947, this 3 bedroom 1 bath home, with 1,363 square feet of living space features wood paneling, open-beamed and vaulted ceilings, clerestory windows and wide overhangs.  Perfectly situated... Continue Reading >

Brazil Tops Foreign Consumer Searches for Miami Properties

Debra Wellins Brazil is back in the top spot for foreign consumers searching Miami properties on Miamire.com according to the members of the Miami Association of Realtors.  Brazil tops the list of countries - second only the the U.S - that conducted searches in August. Despite the recent weakening of the Brazilian currency, Brazil remains a strong market for Miami real estate, reflected by property searches and closed sales. Following Brazil, the top foreign markets are Canada, Argentina, Columbia Venezuela, Russia, Malaysia, France, Spain and the United... Continue Reading >