July 22, 2013

116 Homes for Sale in Pinecrest

As of June 20, 2013, there are 116 residential properties for sale in The Village of Pinecrest listed between $399,000 and $4,900,000. THE LOW – The lowest priced listing is a 4 bedroom, 2 bath, 2,323 square foot short sale on a third of an acre, listed for $399,000 or $172/square foot. THE HIGH – […]
July 19, 2013

Gables Estates 2nd Quarter Sales

Three residential properties sold during the 2nd quarter in the luxury waterfront gated community of Gables Estates, located off Old Cutler Road in Coral Gables. The exquisite acre estate at 555 Arvida Parkway was  listed for $7,995,000 and sold for $7,000,000.  This Mediterranean home, built in 1990, is 5 bedrooms, 6.5 baths with 8,500 square […]
July 15, 2013

Palmetto Bay 2nd Quarter Sales 2013

Palmetto Bay is selling like hot cakes.  Eighty residential homes closed between April 1 and June 30, 2013 compared to 55 homes sold in the first quarter. That’s a 31 % increase.  Check out the graph to see the price breakdown.  The majority of homes sold between $400,000 – 449,000. The lowest sale was a […]
July 13, 2013

Same-Sex Couples and Real Estate Ownership Rights

I recently met with a same-sex couple looking to buy their first house together. They were concerned about how they could own real estate together since the State of Florida does not recognize their marriage. And they were hoping that the Supreme Court’s marriage ruling would benefit them. Unfortunately, the ruling is not likely to […]
July 10, 2013

Two Estates Sell in The Moorings – Coconut Grove

The Moorings, located in the heart of Coconut Grove, just off Main Highway, is an exclusive waterfront gated community with only 41 homes.  Two of these homes just sold in the last week. 3885 S. Moorings Ct. sold for $2,900,000 ($461/square foot).  This Bermuda Colonial home is 5 bedroom, 5.5 bath  with 6,288 square feet […]
July 9, 2013

Comparison of 1st Quarter and 2nd Quarter Sales in Pinecrest

Pinecrest sales were robust in the second quarter compared to the first.  Eighty six homes sold in the second quarter while only 34 homes sold in the first. Take a look at the charts below to compare the high, low and average sales in the Village of Pinecrest for the first and second quarters. Except […]
July 8, 2013

Village of Pinecrest – 2nd Quarter Sales 2013

In The Village of Pinecrest, 86 residential properties sold from April 1 – June 30, 2013 with a total volume in sales of $86,736,675.00. Only six properties that sold were under $500,000, but 55 sales were between $500,000 and $999,999.  In the luxury market, 25 properties sold over $1,000,000 as follows:  there were ten closed […]
July 2, 2013

High Pines New Listing

High Pines continues to be a popular neighborhood for first time home buyers – and with good reason.  It’s in South Miami, one of the few remaining cities with that small town feel and great neighborhood restaurants and schools. This super bright and cheerful  four bedroom, two bath  home, with 2,289 square feet of living space, […]
July 1, 2013

Brazilians Like Miami

Brazil ranked number one in foreign countries searching for Miami properties on Miamire.com in May, 2013.  South Florida continues to be a hot spot for international real estate buyers and consumers with Canada, Columbia, Venezuela,  Spain, Argentina, France, United Kingdom and Italy in the top ten. Part of the reason that Brazil tops the list […]