September 30, 2013

Pinecrest Homes for Sale

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, […]
September 27, 2013

EWM Realty Dominates High-End Residential Sales

EWM is the #1 brokerage in total sales of million dollar-plus residential apartments and homes in Miami-Dade County for the past year.  The Southeast Florida Regional Multiple Listing Servie (MLS) reported this data as of August 30, 2013. During the month of August, EWM reported 41 transactions in excess of one million dollars compared to […]
September 23, 2013

Luxury Homes for Sale in South Coral Gables

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 […]
September 20, 2013

Residential Land Sales in Pinecrest

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 […]
September 16, 2013

Luxury Sales in Coconut Grove

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, […]
August 30, 2013

Flipping Houses – Seven Rules to Flip By

Interested in buying properties at a discount, fixing them up and re-selling them quickly for a profit?  Follow these seven rules and you will succeed. 1.  Don’t overpay for the property.  Know its value. 2. Don’t underestimate the cost of repairs or skimp on renovations. (Save receipts to show appraisers) 3.  Don’t buy with the […]
August 27, 2013

Coconut Grove Investment Ops -Tear Downs and Renovations

Coconut Grove is bustling with investors, builders and home buyers snatching up original Grove homes on small lots that are prime for renovation or, more often than not, tear down and new construction. Built in the early to mid 1900’s, these houses are approximately 940 to 2,330 square feet, on tree lined lots from 5,000 […]
August 26, 2013

Rock Lake in Pinecrest – Two Homes for Sale

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, […]
August 20, 2013

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

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 […]