Real Estate News Category

Just Listed By The Riley Smith Group! 3025 Blaine Street

Riley Smith

I just listed this beautiful home in North Coconut Grove.  Located at 3025 Blaine Street, it has been completely renovated with the finest of finishes.  Bright, open spaces, a double sided fireplace, wood & limestone floors and vaulted wood ceilings are just a few of the special details.  The owner will also be installing a new pool in the coming weeks which is going to add tremendous value to the property. Details of 3025 Blaine Street, Coconut Grove: 4,063 square feet of living space 12,000 square...Continue Reading!

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South Florida’s Housing Market Continues to Grow

Josh Garcia

Potential sellers have much to be excited about these days as South Florida's housing market continues to grow. According to S&P/Case-Shiller index South Florida's housing stock appreciated 10.8% in Feburary from last year, reported by the Sun-Sentinel, which marks 14 consecutive months of increases. According to the report, which surveyed 20 metro areas across the US, the South Florida market showed double digit increases in the housing market over the past year. As evidence...Continue Reading!

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Living Large: Luxury Living in Miami Beach

Nelson Gonzalez

This past weekend, CBS4’s Entertainment Reporter, Lisa Petrillo, launched a new segment called “Living Large”, featuring some of Miami’s most luxurious homes. The charming Lisa Petrillo kicked-off the segment with the stunning seven-bedroom, 22,000 square foot, $45 million 12 Indian Creek Drive home. Currently the highest priced, single family home in Miami-Dade County The short, detailed video displays the home’s multifaceted amenities including large sunny living areas, the large-scale kitchen equipped with two refrigerators, three ovens and a built-in espresso machine...Continue Reading!

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Sunset Lakes Grand Isles

Sandra Rathe, P.A.

[gallery] Amazing 4 bedroom, 3.5 Bath, pool home in the sought after community of sunset lakes, completely remodeled kitchen, bathrooms, loft built in computer desks, all new wood flooring on the spiral staircase and upper level.  Right click here to read more about this Sunset Lakes Pool Home http://www.sandrarathe.com/blog.aspContinue Reading!

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Looking For A Home On A Large Lot?

Beth Kipnis

Kiaora Street is one of the most exclusive in all of Coconut Grove. Only thirteen homes front onto this lushly overgrown south Grove lane, with lots between one-half and two acres in size. Considering that only a handful of homes in the Grove have over 20,000 square feet of land, you can see why this one is so unique. The original homes were built in the late 1930's and throughout the 1940's and have been extensively enlarged and renovated over the...Continue Reading!

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South of Fifth Sales Comparison Chart

Anthony J. Giulino, P.A.

The two charts above represent the First Quarter Condo Sales in the South of Fifth Neighborhood since January 2012.  From January to March, 2012, 82 units were sold, and in the same January – March period of 2013, 75 units were sold. There seems to be a more dramatic difference in the price points of unit sales between the two quarters observed as well.  In 2012 period, half of the sales were below $500,000, while in 2013, just 37% of the...Continue Reading!

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3950 Leafy Way Sells For $925,000

Riley Smith

You may remember the house that I wrote about last month located at 3950 Leafy Way in South Coconut Grove.  (Read that post here: Property Alert: 3950 Leafy Way).  As predicted, there were multiple offers on the property within days of it coming on the market.  I had the chance to tour the home with some clients of mine and can tell you that it needed a significant amount of renovation which was reflected in the list price of $995,000.  It also had a difficult...Continue Reading!

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NOW REDUCED IN PRICE: Beautiful 5 Bedroom Home in Coral Gables with a heated pool!! $8,500 per Month

David Siddons

This beautiful Home in Coral Gables is located on 6845 Veronese Street and is now for rent for $8,500 a month For more pictures of 6845 Veronese Street please click here This 5 Bedroom and Den / 5 Bathroom home in Coral Gables measures 4200 Sq.Ft and was renovated in 2011.  This home will be rented unfurnished This  house in South Gables features a professionally landscaped garden with a covered terrace overlooking the heated pool. The Master bedroom is located on the 2nd floor and features a private ensuite Den / Kitchenette. The house...Continue Reading!

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Ocean View Hallandale Beach Seasonal Rental $4,600/MO

Patricia Borges

Seasonal rental at 2080 S Ocean Dr in Hallandale. Available between May 15 and September 15. 2/2 in the 11th floor. South facing unit with ocean view and ocean access. Fully furnished with very refreshing beach style decorations. It has in-suite washer and dryer. Amenities include pool, gym and tennis court. Many vacationers in the building so very friendly atmosphere. Perfect for a relaxing vacation!Continue Reading!

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Appraisals Continue To Be A Problem

Riley Smith

Despite the turnaround in the Coconut Grove real estate market, buyers continue to have issues with their appraisals.   Property values have increased significantly over a short period of time (particularly here in Coconut Grove) and appraisers are hesitant to use the higher sales figures in their analyses.  This is just another reason why cash is king!  Sellers will take a cash deal over a financed deal any day because it gives them peace of mind that they don't have to worry...Continue Reading!

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