January 22, 2024
The Village of Pinecrest is purchasing a lush five-acre property to use as a passive park located at 11855 SW 60 Ave. The site, known as the Mas property, is horticulturally significant in that it was originally owned by the Montgomery family, founders of Fairchild Tropical Botanic Garden. In addition to exotic species of trees […]
March 13, 2017
The Village of Pinecrest land sales were relatively stable in 2016. Although it took longer to move Pinecrest real estate last year, prices were up. Market Recap of Land Sales A total of 14 properties sold last year in Pinecrest, most between 3/4 of an acre and 1.25 acres, averaging $1,031, 921 per sale or $26 a square foot (SF). […]
February 19, 2016
What’s Happening with Undeveloped Land In Pinecrest? Last year, 16 parcels of undeveloped land sold in the Village of Pinecrest. An additional 8 lots with tear-down houses sold for land value only. (These statistics are included in my 2015 single-family home sales report.) Seven sales were west of 77th Av with an average sale price […]
February 18, 2016
Each year, I create a comprehensive market report that subdivides single-family home sales in the Village of Pinecrest into quadrants, with SW 112th Street representing the division between north and south and SW 67th Avenue representing the division between east and west. (See map below). These numbers reflect […]
August 30, 2015
In the Village of Pinecrest, 13 acre parcels of land this year have transferred ownership. Five lots were exclusively land sales and eight were homes on acres that sold for land value. Here’s the break down. Land Sales: Total 5 When looking at land values, the actual sale price is less significant than the sale price per square foot ($/SF) because parcels very in […]
February 24, 2015
I’ve got the inside track on a NE Pinecrest acre that is not yet listed for sale but available for $1.2 million. This is a fantastic opportunity to buy this property while it’s off-market. It’s deep interior acre – great for privacy – shaded by lovely oaks and palms on a quiet street with little traffic. The lot is .93 acres or 40,712 square […]
February 22, 2015
I just sold this spectacular acre in the Village of Pinecrest. The developer who purchased it will be building a beautiful contemporary home that will add tremendous value to the neighborhood. This was a challenging acre to sell. Although located in one of the most sought after neighborhoods in Pinecrest, on a no-traffic street with […]