May 10, 2013
Sales are heating up in the luxury waterfront community of Gables by the Sea. Eighteen single family homes are on the market. The most expensive home is a 5 bedroom, 5 bath contemporary offered at $8,199,000 . This property, with phenomenal wide bay views, was recently subdivided allowing for a much better asking price. The […]
April 27, 2013
ZEN homes are commanding the highest prices this year in Pinecrest. One particular beauty, at 5952 SW 102 St., sold for the highest price per square foot.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 […]
April 23, 2013
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 […]
April 22, 2013
And I’m Not Talking About Smoking Pork… I read a timely article last week in Florida Realtors that supported what I recently told a seller about smoking and the value of his home. A survey of Ontario real estate agents and brokers, sponsored by Pfizer Canada, found that smoking in the home could potentially lower the value […]
April 19, 2013
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. […]
April 15, 2013
The City of South Miami has only 29 single family homes for sale between $2,875,000 ($436/SF) and $130,000 ($167/SF). The median home on the market right now is 4 bedroom, 2 bath, 2,225 square feet with an asking price of $639,000 ($264/SF). I have quite a few buyers right now that are looking in this neighborhood. Some are investors but most are first […]
April 14, 2013
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 […]
April 13, 2013
I read an article today in Florida Realtors who reported that the greater Miami area posted the highest foreclosure activity of any large city in the U.S. for the first quarter, with one in every 79 residences receiving some type of foreclosure filing. This prompted me to analyze the distressed sale activity of single family homes in the South […]
April 10, 2013
As of April 8, there are 37 homes for sale in The Village of Palmetto Bay that are not under contract. Six homes are listed for over $1,000,000, 15 are listed between $500,000 to $999,000 and 16 are listed for under $500,000. None of these are foreclosures and only three are short sales. With so little inventory on the market […]