1014 Manati can be a poster child for the crazy residential market we have seen in our area the past few years. On March 9, 2010 this short sale property went on a pending sale status for what we believe is the bank approved price of $479,000. The house has been on and off the market since Feb. 20, 2008 when it was listed for $1,039,000. This is a 53.9% drop in price which is pretty unusual even for now....Continue Reading!
South Miami Category
Living in South Miami, High Pines/Ponce Davis, and South Coral Gables-Huge Price Drop in South Coral Gables
Living in South Miami,High Pines/Ponce Davis & South Coral Gables- New Listing In The City of South Miami
On March 9 a new listing came up in the City of South Miami at 6550 SW 75 Terr. Listed at $1,325,000 the 5,400 sq. ft. house was originally purchased 06/27/08 for $1,175,000. The house is located west of South Dixie Highway near Ludlam Road & Ludlam Elementary School.Continue Reading!
Living in South Miami, High Pines/Ponce Davis And South Coral Gables – New Home Prices Are Better Than Old Home Prices
I was looking at homes earlier today in the South Gables, and it was interesting to note that the same pricing phenomena was occurring there as in neighboring High Pines. New home prices on a per sq. ft. basis are a better buy than the older homes on a per sq. ft basis. As an example the new home listing at 7320 Mindello St. (corner of Mindello & San Juan) had a per sq. ft price of $431 while the...Continue Reading!
If you are associated with Rollins College and are interested in residential real estate in Miami, Fl.contact Rollins graduates Susan & TK Heatley, realtor associates at EWM in Coral Gables,Fl. We have embraced the changing world of residential real estate ..... Customers often start on the internet....Newspapers have slid to secondary importance....Information on houses for sale are found by searching sites such as "Realtor.com" or "Trulia.com". Social Media venues such as "Twitter" are introducing buyers to realtors .It is getting...Continue Reading!
There has been an improvement in the interest rates and down payment requirements for Jumbo Loans . This is very encouraging news because high rates and high down payment requirements for Jumbo Loans have been holding back our luxury market in South Florida. On that note, there is a new $2,350,000 home in the "Ponce Davis" area that just came on the market. Located at 4950 SW 80th Street, this 7 bedroom, 7 bath home was built in 2000 and remodeled in 2005. The...Continue Reading!
Living in South Miami, High Pines/Ponce Davis and South Coral Gables – Susan, James & TK Heatley. . . Your Local Realtors
It is crucial when buying or selling residential real estate that you work with knowledgeable local realtors who are associated with a top notch well regarded real estate company. Susan, James, and I have lived almost our entire lives in the South Miami, High Pines/Ponce Davis, South Coral Gables area and know it as only involved residents can. In addition we work with the largest real estate company in South Florida which not only provides us with all the information...Continue Reading!
Living in South Miami, High Pines/Ponce Davis and South Coral Gables – You Have To Be Smart To Be a Good Realtor !
The world of residential real estate has changed..... Customers often start on the internet....Newspapers have slid to secondary importance....Information on houses for sale are found by searching sites such as "Realtor.com" or "Trulia.com". Social Media venues such as "Twitter" are introducing buyers to realtors .It is getting increasingly difficult for a single realtor to survive. There just is not enough time to present property over the internet, show property to buyers, to communicate over social media outlets, and to handle...Continue Reading!
Many of the new construction homes on the market in Ponce Davis and High Pines are also on the market for rent. Take a look at what the price difference is of renting vs. buying these new homes. 7416 SW SW 52nd Court | $11,000 For Rent | $2,199,000 For Sale | 7 Bedrooms, 6 Baths 6,000 SF | 12,500 SF Lot 7745 SW 54th Avenue | $10,000 For Rent | $2,299,000 For Sale | 7 Bedrooms, 8 Baths 6,200 SF | 12,500 SF Lot 7832 Ponce De...Continue Reading!
Living in South Miami, High Pines/Ponce Davis and South Coral Gables-Big Drop in Per Sq. Ft. Prices In High Pines
7901 SW 53 Pl. a brand new home closed Feb.24, 2010 for $1,325,000 or $241 per sq. ft. after being on the market for 767 days. Last July we sold the house behind it,7920 SW 53 Ct., which was built in 1958 for $545,000 or $234 per sq. ft.. It looks as though this is the time to buy the remaining "spec" homes available in High Pines and Ponce Davis.Continue Reading!
Living in South Miami, HighPines/Ponce Davis and the South Coral Gables – Are You Interested In A Good South Miami Real Estate Deal
If you want a great condo at a great price in a great location that is not a short sale, then you must look at 7440 SW 59 Place #202, South Miami. Fl.. Priced at $429,000 by a motivated seller this condo is the "buy" in the South Miami, High Pines/Ponce Davis, South Gables area.It's new (2005), it's in the preferred location of downtown South Miami east of South Dixie Highway within walking distance of shops, restaurants, and movies, and...Continue Reading!