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!
Real Estate News Category
[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!
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!
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!
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!
NOW REDUCED IN PRICE: Beautiful 5 Bedroom Home in Coral Gables with a heated pool!! $8,500 per Month
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!
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!
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!
Click Chart to Enlarge This chart represents the sales of the 54 units that were sold at Murano at Portofino during the 2-year period ending on April 25, 2013. They are ordered by the sales date and reflect 14 units sold in 2011, 35 in 2012 and 5 so far this year. It shows how unit prices and prices per square foot have increased through the use of linear trend lines which help to smooth the differences in value between the more...Continue Reading!
The market has really picked up in the past few months. Buyer demand has remained strong and sellers are now looking to take advantage of this new market. Because of this increased activity we had to run twice the amount of ads this weekend! Find our ads in the paper, which feature our open houses, new opportunities, and more! MIAMI HERALD ADS NEIGHBORS AD EWM PAGE AD Continue Reading!