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Debra Wellins

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Luxury Properties Category

Luxury Homes for Sale in South Coral Gables

Debra Wellins There are 55 homes for sale in the Southeastern corridor of Coral Gables, thirty five of which are waterfront. Nine homes are currently under contract and eight of these are waterfront. In the last three months, ten homes have sold in South Coral Gables, nine of which are in the luxury waterfront communities of Gables by the Sea and Gables Estates. The graph provides a quick glimpse of active listings in the South Gables subdivisions. South Coral Gables is the area below SW 8oth... Continue Reading >

Two acres and a Wine Cellar In Palmetto Bay

Debra Wellins Take the three story elevator down to your wine cellar, select a bottle of Chateau Haut Brion Vintage 1990, bring it upstairs, open it and let it breath while you dial me up for an invite over to share it on your terrace overlooking the back acreage. La  Maison (these estates have names) is a chateau style residence of old world scale, that offers eight bedrooms, eight baths, 8,415 square feet of living space, a formal living room, a formal dining... Continue Reading >

Luxury Sales in Coconut Grove

Debra Wellins Forty two homes sold in the residential luxury market in Coconut Grove this year, with sales beginning at $1,000,000. The chart below breaks down the sales in increments of $200,000 until reaching $2,000,000.  Sales were strongest between $1,200,000 and $1,399,000, with nine of those sales falling between $1,200,000 and $1,299,000. In the ultra luxury category, only five homes sold this year between $2,000,000 and $3,000,000. View Homes for Sale in Coconut Grove I am a luxury home specialist.  If you would like to schedule... 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 >

Compare Your City – Average Price Per Square Foot of Homes for Sale

Debra Wellins Check out how your neighborhood compares in average price per square foot for single family homes for sale.  I analyzed homes currently on the market in six cities: Coconut Grove, Coral Gables, Key Biscayne, Pinecrest, Palmetto Bay and South Miami. The numbers are quite interesting, especially if you are thinking of buying or selling a home. Key Biscayne is king of the mountain with the average home offered at $1,079 a square foot.  Coconut Grove and Coral Gables  are comparable to each... Continue Reading >

South Coral Gables Market Report – July 2013

Debra Wellins Closed Sales In July, a total of six properties sold in South Coral Gables off Old Cutler Road averaging 5 bedrooms, 4 baths with 4,428 square feet of living area at an average sale price of $2,740,833 or $619 per square foot.  These homes were on the market an average of 130 days and sold for 94% of list price. By comparison, last July, 2012, four homes sold for an average price of $1,900,000 or $313 per square foot. Pending Sales Eight residential homes... Continue Reading >

Pinecrest Market Report – July 2013

Debra Wellins In July, 27 single family homes were sold in The Village of Pinecrest for a total volume in sales of $29,898,500.  Sales were strongest in the $600,000 - 700,000  range and in the $1 - 2 million range for the luxury market.  The average home was 5 bedrooms, 4 baths, with 4, 050 square feet of living space that sold for $1,107,352 or $273 per square foot.  The average house sold for 95% of sales price to list price and... Continue Reading >

Pinecrest Real Estate – The Elysium

Debra Wellins The Elysium is a walled community off 57th Ave. (Red Road) and 112th Terrace with 27 homes.  Residences in this Pinecrest community range from 2 - 7 bedrooms with 2,360 - 8,144 square feet of living area and  lots from approximately 1/2 acre to 1.5 acres.   Homes for sale in The Elysium range from $600,000 to over $3.5 million. This year, there have been no closed sales in The Elysium. One home is a pending sale and two homes are... Continue Reading >