Since January, only 4 townhouses have closed in Pinecrest, two at Swan Lake and two at Sutton Place.
The prices ranged from $425,000 ($224/SqFt) for a 3 bedroom, 2.5 bath townhome at Sutton Place to $650,000 ($221/Sq Ft) for a 3 bedroom, 3 bath tonwhouse at Swan Lake.
The townhouse market in The Village of Pinecrest is extremely small when compared to single family homes. There are several townhouse communities just west of US1 and 104 Street that include Kendall Trace and Dadeland Cove with the 33156 zip code, but they are not actually in the Village of Pinecrest.
Silver Palm Plantation, just west of US1 on 111th St. is one of the newest of the townhome communities west of Pinecrest and also one of the most spacious. A 4 bedroom, 3 bath townhouse with 3,423 square feet of living space sold for $560,000 or $164 per square foot.
I am an estate specialist in The Village of Pinecrest. If you would like to schedule a buyer, seller or investor consultation, or would enjoy a complementary market analysis of you home, text or call me at 305-898-1852 or send me a note at Wellins.D@ewm.com.