Coconut Grove, Coral Gables & South Miami Real Estate

Looking for a Spacious Home for your Family for less than $300,000?

Then I’ve got the house for you!!!  This spectacular custom built home is currently available for just $284,900.

It has 3 bedrooms (easily converted to 4), 3 bathrooms with over 2,700 sq ft of living area on a 13,019 sq ft lot.

 

Eat-in kitchen with granite counter tops open to extra spacious family room.    Even has room for a pool table/gaming area.

 

 

Home features formal living and dining rooms, two master suites, screened patio and two car garage.  The over-sized lot is completely fenced  and perfect for entertaining.

 

 

Located at 20000 Cutler Court in the community of Serenity, these homes are well known for their solidly built construction.

 

 

If you or someone you know would like to schedule a showing to see this home please give me a call at 305-987-2644 or send me a note here.

Art Deco Beauty in Little Gables – Open House this Sunday 2:00 – 5:00

I just listed this fabulous Art Deco inspired home in “Little Gables”.

Little Gables is a lovely neighborhood surrounded by Coral Gables on three sides but is actually City of Miami.   It is know for the location as it has the conveniences of the Gables without the Gables prices.

This lovely home offers 4 beds, 3 baths plus loft area.  It features vaulted ceilings, new bamboo flooring, updated kitchen and baths, split floor plan, upstairs master bedroom & second bedroom, large family room leading to covered deck and spacious outdoor entertainment area.  Literally blocks from downtown Coral Gables & Miracle Mile and minutes from the Airport, Downtown Miami and Miami Beach, it is truly centrally located.

If you or someone you know is interested in seeing this home, please stop by Sunday, March 4th from 2:00 – 5:00 or contact me to schedule a showing 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.

 

Coconut Grove – Then and Now

If you want to catch up on your Coconut Grove history and see some really interesting photos, check out this post in the Miami Social Diary, Coconut Grove: From Arquitectonica to Zen, by Augustus Mayhew.  It is kind of a photo tour highlighting Coconut Grove, past and present.

His article includes information on several areas such as Dinner Key (back when it was the Pan Am Seaplane Terminal) Mayfair in the Grove, Main Highway,  North Grove and The Kampong.

Whether your new to the area, a longtime resident or considering a move to our bayside community, this article offers interesting tidbits for all.

And as always, if you are considering buying or selling your home in our lovely, historic village, please call me at 305-987-2644 or email me at [email protected].

Top Ten Reasons to Own Rather than Rent

With all the conversation regarding the real estate market bottoming out and if buyers should buy now or wait, I thought it was important to remember that not all home ownership decisions are financial ones.

The Florida Association of Realtors recently reported the top ten reasons to buy a home, rather than rent.  I felt is was worth repeating….

1. You own it:  With no landlord, you make the decisions.

2. You deduct it:  Mortgage interest, property taxes and some costs involved with buying a home can be deducted from federal income taxes.

3. Interest rates:  The cost to borrow mortgage money is at an all-time low. If you’re going to buy, this is the time to jump into the market.

4. You invest in it:  Rent money is gone forever. Mortgage payments build home equity ownership interests.

5. You save for the future:  Home equity is a ready-made savings plan. Sell it and you can make up to $250,000 cash without owing any federal income tax on the profit.

6. You can predict expenses:  Unlike rent, a fixed-mortgage payment doesn’t get more expensive over time.

7. You pick it:  Choose from different neighborhoods, styles and price ranges.

8. You create it:  Decorate, renovate, get a pet or paint the walls whatever color you want – it belongs to you.

9. You live in a neighborhood:  You and your neighbors take pride in the local schools, roads and more – and you work together to build a friendly community.

10. You spend money on yourself:  When you buy a chandelier or hardwood floor or kitchen cabinet, you’re spending hard-earned money on yourself and building your equity at the same time.

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.

Open House – 2929 Center St, Coconut Grove Sunday, Aug 14, 2011 – 1:00 to 3:00

Thinking of buying or selling your home yourself?

All you need to know in just 65 seconds.  Get your pencils ready!!

If you still think buying or selling a home without the assistance of a professional is for you, I wish you all the best.  But if you decide that a real estate professional with many years of experience might be the way to go, give me a call at 305-987-2644 or send me a note here.

Coconut Grove’s Melrose Place

There is an investment property here in Coconut Grove that I think is rather special.  I am calling it Coconut Grove’s Melrose Place because it has four one bedroom cottages, each with their own walled yard, surrounding a lovely pool and courtyard area.

   

This is truly a “Grovey” place.  The cottages all have coral rock accents and are surrounded by mature oak trees and lush foliage.  The cottages all need a bit of TLC but for the right price, I think that it is a gem.  The address is 3311 Franklin Avenue and it located one block from Main Highway and right around the corner from the heart of the village.

If you are interested in this property and 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

Move-in ready homes are moving

Fixer-uppers are no longer the rage.  A recent article by the Florida Realtors Association stated that 87% of first-time homebuyers prefer a move-in ready home.  I think that one of the main reasons may be the initial costs of purchasing a home.  Many lenders are now requiring 25% or more for the down payment and that’s not including the closing costs.   All of this adds up to alot of money up front and after all that, who wants to fork up the cash to renovate a bathroom. 

So Sellers that are willing to do what it takes to make their homes free of clutter, address maintenance and cosmetic repairs are going to get their homes sold and at a better price.  I have even noticed that even some of the banks are fixing up foreclosures prior to putting them on the market.  I was recently in a foreclosure that the lender had not only maintained the yard but they painted the walls and even re-finished the wood floors.  I was so surprised that I called the agent to confirm it was a foreclosure.  The banks must be realizing that if they want to get more of their money back, they need to put in a bit of work.

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

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