October 5, 2015
The luxury market in the Village of Pinecrest continues to thrive in the $1M to $1.4M price range. Out of 30 single family home sales, almost half the sales were in this pocket. The balance of sales fell between $1.5M and $2.9M. When comparing high-end sales for the third quarter of 2015 to 2014, the numbers are stable. However, sales under […]
October 3, 2015
Devonwood is a very desirable community in the Village of Pinecrest located off Ludlam Road between 131 St and 136 St. Many of us call it the Coconut Grove of Pinecrest because the streets and homes are so beautifully shaded by towering oaks, mature trees and lush tropical landscaping. The lovely and prestigious enclave of Devonwood has had only three sales since January of this year. […]
September 9, 2015
Who are they and do they want? For starters, these uber rich folks have at least $30 million in assets. They are ultra-high net worth indivuduals (UHNW) who buy the finest wines, watches, cars, yachts, jewelry and real esatate. In seeking safe investment diversification, they purchase second homes in foreign countries to gain citizenship or residency status. Acccording to a recent study, there are […]
August 15, 2015
June single family home sales in The Village of Pinecrest ranged from $5,100,000 for a new modern home with 9 bedroom, 9.5 bath and 10,000 square feet of living space to $433,650 for a 3 bedroom, 2 bath home built in 1957. The top sale price per square foot was $505 and the lowest $212. The average June sale in Pinecrest was $1,441,825 or $311 […]
August 28, 2013
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 […]