5353 SW 60th Place Two-Bedrooms/Two Baths Offered at $799,000 An architect-designed private resort-like retreat on a 39,000 square foot lot, will be held open on two days: Wednesday, February 24th from Noon until 2 PM, and Sunday, February 28th from 2 PM until 5 PM. For those who are looking for a spectacular home near South Miami, but nestled away in the most private of spaces, this is for you. Lush foliage, winding paths, even a giant Koi pond complete with waterfalls and a meditation...Continue Reading!
According to Jackie Bueno Sousa's column in this morning's Miami Herald, the County is not reporting the sold prices of foreclosures. Instead the property information website is showing the previous sale price and date. I was shocked by this and didn't think that a government website could possibly be carrying purposely bad information. But it is the truth. Here are some of my recent foreclosure sales and closing dates and what the County website says: 1057 NE 42nd...Continue Reading!
This 1954 3-bedroom, 2-bath, 2,600 square-foot home in Miami Springs has been completely re-modeled by the owner/construction professional. He spared no expense. An over-sized covered porch overlooks a magnificent pool and patio area worthy of Architectural Digest. There is a guest house with its own covered porch that features a summer kitchen. Marble floors, wood inlaid ceilings, tasteful wall coverings, and textured columns grace the interior that features an expansive eat-in kitchen with stainless steel appliances. There is both a...Continue Reading!
Easy-living South Miami/High Pines is a kid- and dog-friendly, get out and walk the streets kind of neighborhood. This new listing at 5360 SW 76th Street is a well maintained three-bedroom, two-bath beauty on an oversized 12,500 square foot lot. The home is a split plan, with two bedrooms and a bath on one side and the other bedroom and bath separated by a breezway. So it would be perfect for a guest room, mother-in-law quarters, an office or even a...Continue Reading!
When a homeowner in an association or a condo owner stops paying monthly maintenance fees, the budget falls short and the remaining owners have to pick up the slack. When there are many owners who, due to foreclosure, have stopped paying their fees, the association has to ask the remaining owners to pay big special assessments to make up the difference. This is a problem for property owners. If there are too many non-payers, lenders are less likely to approve...Continue Reading!
I’ve been working with an investor who buys small apartment buildings downtown near the civic center. We identified one that he wanted, took a look at it and noted that it had a coin-operated laundry—one washer and one dryer on the premises. My buyer says to be sure that the coin-operated laundry equipment comes with the building and that there is no lease. So I put that in the contract, talk to the listing agent and am assured that the...Continue Reading!
We real estate agents are beginning to hear about more multiple offers on properties. Why is this important? Because multiple offers mean that buyers, finally, are beginning to believe that prices represent true value. I did some analysis using single-family homes in Miami-Dade County. As of this morning there were 1585 homes in "pending" or "backup" status. Of those, 1482 were in "pending" status, meaning that there was one contract and 103 were in "backup" status, meaning...Continue Reading!
Many thanks to all of you who offered helpful suggestions on how to find Riggs a new home. Here's her story for those of you who might have missed it. The latest leg of her journey takes her not across the country, but across the street. One of our neighbors who recently lost her beloved cat of 17 years has taken Riggs in. High Pines, between South Miami and Coral Gables, is that kind of...Continue Reading!
This 1,676 square foot 3-bedroom, 2.5-bath condo townhome is priced at just $119,900--only $71.50 per square foot. It's in the Cedar Woods Homes development at SW 260th Street and US 1. Very convenient for someone working at Baptist Homestead Hospital or anywhere in the SW area. The community has a nice pool and exercise room, meeting facilities. This property sold for $235,000 in 2006. Here's another steal of a foreclosure, priced at just $139,900 in the beautiful...Continue Reading!
This spacious 3-bedroom, 3-bath, 2-story townhouse is in the beautiful Waterstone community. Imagine having lunch enjoying the peaceful view of the large lake right outside your window. 1057 NE 42nd Avenue, Homestead, is in the Floridian Isles South complex. The Waterstone community is just a stone's throw from the Homestead Miami Speedway and a short drive from the Homestead Hospital. There is a full-service recreation center which features an enormous pool, fully-equipped exercise room and...Continue Reading!