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Archive for the 'Coconut Grove' Category
Things To Do In Miami: Visit A Farmers’ Market
Fresh! Keys Gate Carrots
Well, normally the weather has cooled down enough by mid-December for to thoroughly enjoy the local Farmers’ Market that pop up in the fall and last through spring. Even though temperatures are still in the 80′s, head over to one of the markets for a fun day out and a chance to purchase produce straight from the farm. Many also have great gift ideas and live plants for your garden.
Miami Real Estate: New Single Family Home Listings
New single family homes listed since July 1.
- 8 in Coral Gables. Priced from $349,900 to $13,475,000
- 7 in Pinecrest. Priced from $585,000 to $2,099,999
- 5 in Coconut Grove. Priced from $450,000 to $1,300,000
- 3 in Miami Beach. Priced from $399,900 – $8,650,000
Free Things To Do In Miami – Yoga
Thanks to the Free Yoga Foundation, you can stay in shape, get in shape, or just help relax with yoga for free! Currently available in Kennedy Park, Margaret Pace Park, South Pointe Park, North Shore Open Space Park and C.B.Smith Park. Coming soon to other areas in south Dade, Kendall, and Aventura, so stay tuned.
Although it is free, you may want to consider a donation, considering how expensive gym memberships and individual classes are!
Coconut Grove Art Festival is This Weekend
Festival 2011 Poster by Guy Harvey
The Coconut Grove Art Festival takes place this weekend. In addition to seeing some fun, different art, it is a great time to stroll the streets, taste food, and bump into friends.
I love this year’s poster!
Coconut Grove, FL Real Estate – Market Summary
Market information from the Multiple Listing Service for single family homes for the month of January are as follows:
- Closed sales: 8. None were short sales, 7 were REOs. 5 were cash sales.
- Price range of closed sales: $565,000 – $48,000
- Pending sales: 12. 2 short sales, 1 REO
- Price range of pending sales: $2.39 million – $57,900
- Active listings: 176. 18 short sales, 5 REOs
- Price range of active listings: $16.9 million – $49,900 (no, I didn’t forget a zero!)
Distressed sales made up less of the sales going to contract in January, but made up the majority of closed sales. the actual closings for the month are of regular sales. Based on the number of active listings, distressed sales make up 13% of the market.
What does this mean if you are a buyer? Based on the number of active listings to closed sales, there is still a lot of inventory to work through, so it is still a buyers market. Once you narrow down your price range and specifications however, there won’t be as much to choose from, so use the statistics and market information to negotiate your price. If the house you like is a regular sale and it is priced right, you won’t have as much room to negotiate as you will on one that is overpriced. Cash was king in the distressed sales for January, so if you are going in with financing, make sure you have a very tight offer, including your pre-approval letter for a mortgage, a realistic deposit, and good timing for inspections and other due diligence.
What does this mean if you are a seller? You have a lot of competition so price really does matter, especially in the higher price ranges (84 of the current active listings are over $1,000,000, but the highest closed sale for January was under $600,000). Look at the active sales that most closely match your home in terms of size, location, updates, lot size, amenities. Consider pricing it 10-15% below your closest competition, make sure it has great curb appeal, and de-clutter and freshen up the inside with some elbow grease and a fresh coat of neutral paint. The good news is that if your house is priced right compared to your competition, it will sell.
Miami ING Marathon Route – Plan Your Driving Accordingly
The ING Miami Marathon is this Sunday and, with a projected 20,000 runners, there will be traffic disruptions along the route. Please plan accordingly or bring plenty of patience and courtesy. This is a pretty big event that showcases our beautiful city and we want to roll out the welcome mat. Traffic disruptions will probably start around 5:30 a.m. and last unit noon.
If you are a runner, consider joining the fun in either the 5K, 1/2 marathon or full marathon.
City of Miami Traffic Light Camera Locations
With local economies in the tank and municipalities hurting for income due to lost revenues, many cities are putting up traffic light cameras to help them catch drivers that run red lights, block intersections, or don’t make a full stop before turning right on red.
Aventura is notorious for its high fines. The City of Miami is about to join the ranks.
Ironman Triathalon Coming to Miami
http://www.vimeo.com/15462209The Rohto Ironman 70.3 is coming to Miami this Saturday, October 30. The event will mean street closures and increased traffic so be prepared. The biking portion will affect the most areas. Let’s be hospitable to these incredible athletes, share the road, and be patient!
These areas should be avoided from 7a.m – 12 p.m. These are not all of the streets, so check the map.
In Coconut Grove:
- South Bayshore Drive
- Tigertail Avenue
- Oak Ave
- Grand Ave
- Main Highway
- Poinciana Avenue
- 37 Avenue from Ingraham Highway to Main Highway
- 42 Avenue from Poinciana Ave to 72 Street/Sunset Dr.
In South Miami/South Gables:
- Sunset Drive from Cocoplum Circle to Ponce de Leon
- Ponce de Leon to SW 88 Street
In Pinecrest:
- SW 88 Street westbound lane from SW 57 Avenue to SW 67 Avenue
- SW 67 Avenue southbound lane to SW 120 Street
- SW 120 Street westbound lane to SW 82 Avenue
- SW 82 Avenue southbound lane to exit out of the Village at SW 136 Street
- Old Cutler Road/SW 57 Avenue northbound lane to exit into Coral Gables
In Palmetto Bay:
- SW 82 Ave to 168 Street
- SW 168 Street to 84 Ave
- SW 84 Ave to SW 174 Street
- SW 174 to SW 87 Ave
New Year’s Weekend 2010
In case you are planning to party the entire New Year’s weekend, you may want to consider taking in The Coconut Grove Art Stroll on January 2, 2010 from 7-11 p.m. It promises to be fun but not too high key if you are still recovering from the 31st.
Coconut Grove Art Stroll
I know Art Basel isn’t quite over, but if you want to see local art, join in the Coconut Grove Art Stroll tomorrow night from 7-11 pm.
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