Coconut Grove, Coral Gables & South Miami Real Estate
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Archive for the 'Luxury' Category
What does $18 Million buy in Coral Gables?
Lots and lots of views of blue……
From the blue tile roof to the breathtaking water views, you are surrounded by the colors and hues of the sea. Here are just a few features that make this property so special.
a spectacular two story library with it’s own elevator……
your own personal observatory……
900 linear feet of waterfront with two docks……
poolside entertainment area, heated pool and spa……
This one-of-a kind estate located at 9151 Arvida Lane in Gables Estates was designed by Chris Fergis and built with classic lines and contemporary flair. It has 8 bedrooms, 10 full baths and 2 half baths with 15,080 sq ft of living area on a 84,490 sq ft lot. This very special home is offered by Audrey Ross of EWM International.
If you or someone you know are looking for a real estate professional who specializes in Coconut Grove, Coral Gables and South Miami realty, give me a call at 305-987-2644 or send me a note here.
Boaters Dream Come True -100 Feet on Coral Gables Waterway
How would you like to walk out your back door, step into your boat, throw off the lines and be in the sparkling clear waters of Biscayne Bay within minutes of leaving your morning cup of coffee. That is what makes this home truly a “boaters dream”.
Stunning details and striking ambiance is what describes this 5 bedroom, 5.5 bath waterfront home. It was completely updated in 2011, soup to nuts. Built for entertaining, the home features vaulted ceilings, open floor plan with views to the water, epicurean kitchen, marble floors and a spectacular patio/pool area.
The asking price for this home is $2,995,000. If you are interested in seeing this magnificent home, give me a call at 305-987-2644 or send me a note here.
How would you like to wake to this view every morning?
This is the view from unit 5106 at The Quantum in downtown Miami.
This 3 bedroom, 2 bath penthouse suite offers over 1,900 sq ft of living area and has some of the most spectacular views in all of Miami.
Located at 1900 N. Bayshore Drive, you are walking distance to the heartbeat of Miami. Local attractions include the Miami Arena, Bayside, Adrienne Arshdt Center and Midtown just to name a few.
Asking price is $595,000.
If you are interested in seeing this unit or are looking for a real estate professional who specializes in Miami real estate, give me a call at 305-987-2644 or send me a note here.
Miami named as “Most Outrageous and Most Positive” City on the Road to Real Estate Recovery
In a recent interview on CNBC, Ron Peltier, CEO of Homeservices of America, stated that he believes that we are on the road to real estate recovery and expects price stabilization in the second half of the year. He specifically mentioned Miami as having the “most outrageous and most positive” turnaround regarding market stabilization.
Mr. Peltier said that we have reached a “tipping point”. Much of this is due to the increase in rental prices. Many rentals are higher than the cost of owning a home. Additionally, he feels that there are many people that have been sitting on the sidelines for years that are now ready to purchase a home.
All of this is great news for us here in South Florida and frankly, as Realtors, we have been seeing the signs for months now. If you would like to see the entire interview just click on the link below.
Buffet CEO Ron Peltier interview with CNBC
If you or someone you know are looking for a real estate professional who specializes in Coconut Grove, Coral Gables and South Miami realty, give me a call at 305-987-2644 or send me a note here.
Number 1 in Luxury Home Sales – EWM Realtors
So far this year, EWM is ranked as the #1 Realtor in Miami-Dade & Broward combined for sales in excess of $1,000,000.
For the past four months, EWM has averaged selling a million-dollar-plus property every 24 hours… averaging 33 sales per month.
When thinking of selling your home, choose a specialist with a proven record!!
If you or someone you know are looking for a real estate professional, give me a call at 305-987-2644 or send me a note here.
EWM Realtors – South Florida’s Luxury Real Estate Leader
Need I say more?
If you or someone you know are looking for a real estate professional who specializes in Coconut Grove, Coral Gables and South Miami realty, give me a call at 305-987-2644 or send me a note here
Just Sold – Grove Towers Foreclosure
My buyers just closed on this magnificent 3 bedroom, 3 bath condominium in Grove Towers and all for $203.33 per sq. ft. (Sale Price $342,000) With the average list price in the building of $363.13 per sq. ft. listings and recent sales average of $373.27 per sq. ft., this was a spectacular deal.
This is another good example of how working with a “local expert” can make all the difference when it comes to buying or selling your home.
If you or someone you know are looking for a real estate professional who specializes in Coconut Grove, Coral Gables and South Miami realty, give me a call at 305-987-2644 or send me a note here
Low Mortgage Rates Aren’t Just for New Homebuyers
It’s everywhere, “Mortgage Rates at Lowest in 50 years”, even in my previous blog. But what if you aren’t a new homebuyer? What can this mean for you? Well, there are a few ways you might benefit from these lower interest rates. CNNMoney.com offers 3 suggestions for current homeowners.
1. Consider re-financing to a 15 year mortgage. A 15-year mortgage saves you in two ways. The interest rate is generally about a 1/2 point less than a 30-year conventional plus you can save tens of thousands in interest by paying off your loan in half the time.
2. Improve your Cash Flow. By re-financing your home at a lower interest rate, you will lower your monthly payment, thereby lowering your monthly expenses. Obviously you need to take into consideration your current interest rate and closing costs but you might find significant savings and be able to replenish that savings account or pay off some credit card debt. A good mortgage broker can assist you with the calculations to determine if this is a worthwhile option for you.
3. Double Down on Real Estate. If your future plans include a second home in North Carolina, a condo on the beach or maybe your looking for an investment property, now is the time to consider this purchase. While rates are low and prices are still favorable, if you have the money, the timing for that purchase is now.
To read the entire CNNMoney.com article just click here.
Of course, if you or anyone you know of is considering buying, selling or renting a home here in Miami, and would like working with a professional, give me a call at 305-987-2644 or you can email me here
Three Coral Gables Condos with Surprisingly Spectacular Views
Recently, I was showing condos to clients relocating here from Washington D.C. Because of where they were coming from their first priority was the view. When people come here to Miami looking for a view, we generally think of coastal areas such as Coconut Grove, Brickell, Downtown or Miami Beach. But in the heart of Coral Gables is an area on the northern end of Ponce de Leon Blvd. that has three new construction buildings with surprisingly spectacular views. And even better, they and are priced very competitively for sale and rent.
The buildings located at 1300, 1607 and 1805 Ponce de Leon Blvd. are all mixed use buildings which means that they feature commercial space at the base of the building with residences above. Since they are the tallest structures in the area, many of the views are unobstructed for miles. We were very surprised being able to see downtown, the beaches and even the water to the east with limitless views of the Biltmore, golf courses and the residential areas surrounding.
All the Coral Gables shopping, restaurants and even golfing are within walking distance. Even better, you can jump on the Gables Trolley which provides public transportation throughout the day. The perfect urban style living.
Here are photos of each building with a link to the units currently available.
Additionally, all of these building have units for rent and since renting seems to be more prevalent, here is a list of the rentals for all three buildings.
Coconut Grove Luxury Home reduced by $300,000. under contract within 7 days
Recently my home for sale at 3835 Park Avenue, Coconut Grove, was reduced by $300,000. to an asking price of $1,499,000. It is a 6 bedroom, 6.5 pool home located on a cul-de-sac in South Grove. Within days it was under contract. Just goes to show that when a home is priced right, it will get attention.
