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Debra Wellins

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Luxury Properties Category

Journey’s End is the Beginning for Some

Tucked away off Old Cutler Road in Coral Gables is the exclusive gated community of Journey's End.   This neighborhood, with its towering oaks and palms, features 18 estates with tennis courts, 24-hour security and a marina with boat slips. Four residential homes are for sale in this lush Coral Gables community, once privately owned by industrialist Arthur Vining Davis.  The estates range from $4,395,000 to $10,500,000 for a waterfront property and all are on almost two acres of land.  Featured in the photos is  a... 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 >

Echo Brickell – New Boutique Luxury Condo

Echo Brickell is taking reservations now for its 172 luxury residential units, featuring a cutting edge robotic parking system, a 4,000 square feet state-of-the-art fitness center and spa and a full floor infinity pool suspended over 250' in the air.  Each residence will be delivered furniture ready, complete with interior design inspired by Carlos Ott, and include Apple home technology, panoramic water and city views, 8' deep terraces with bbq area, 10 - 12' ceilings with floor to ceiling windows, Wolf stoves, SubZero appliances, dual temperature... Continue Reading >

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 would think Key Biscayne would come in first for ocean views but there are only three homes for sale that meet the criteria.  Coral Gables has... 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 >

Luxury Real Estate – Everything You Should Know

Debra Wellins Christie's International Real Estate  published a superb compendium titled LUXURY DEFINED: AN INSIGHT INTO THE LUXURY RESIDENTIAL PROPERTY MARKET.  This is a must read for anyone in the luxury real estate business or interested in buying or selling luxury properties.  Christie's is the world's leading network of independent real estate companies dedicated to the sale and marketing of luxury residential real estate. In this well researched study, Christie's created an "Index" which synthesizes and compares key metrics on prices, inventory, buying trends, client profiles and lifestyles across... Continue Reading >

Devonwood Contemporary Home Sold

Debra Wellins A Pinecrest tri-level contemporary home just closed in Devonwood for $1,200,000.  Comtemporary architecture is red hot right now and this 5 bedroom, 4.5 bath, 1974 total renovation is no exception.  It sold in just under two months for 97% of list price at $269/sq ft. Want to learn the difference between Modern and Contemporary architecture? Check out my blog here. I am a Pinecrest real estate specialist.  If you would like to schedule a buyer or seller meeting with me, please feel free to give me a call at (305)... Continue Reading >

No Sales in Snapper Creek Lakes for Six Months

Debra Wellins Three months ago, I reported that sales in the Coral Gables community of Snapper Creek Lakes have stalled.   This is a very desirable gated community yet, it has been six months now since there has been a sale.  There are currently two properties under contract and eight homes for sale.  Also on the market since last October is an oak laden lot around three quarters of an acre listed for $1,899,999. The largest  home listed is a seven bedroom, 10 bath, 11,776 square foot house with an asking price of $9,900,000.  The smallest is a five bedroom, five bath, 5,019... Continue Reading >

Gables Estates Update – On the Waterfront

Debra Wellins Gables Estates, the privately gated waterfront community east of Old Cutler Road, between 80th St and 92nd St. currently has 12 homes for sale.  Most of these residential estates have been on the market for only two to three months, suggesting that luxury waterfront property is selling in Miami.  Properties for sale in this exclusive community range between a ten bedroom, 10 bathroom home with 16,311 square feet (sf) listed at $18,000,000 to a four bedroom, two bathroom house with 3,221 sf of living space listed for $2,999,000.  The... Continue Reading >

Gables by the Sea Update

Debra Wellins Gables by the Sea, a lovely Coral Gables community on the water, has fifteen homes for sale as of March, 2013.  The most expensive listing is a 6 bedroom, 5 bathroom contemporary beauty that has 7,765 SF with fabulous views of Biscayne Bay, offered at a list price of $8,999,000.00 (a whopping $1,159/SF).  The lowest priced listing is a 3bedroom, 2 bathroom house with 2,929 SF of living space offered at $1,080,000.00 ($286/SF).  The median property of this neighborhood is... Continue Reading >