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South Florida Real Estate
Archive for the 'Coral Gables' Category
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
605 Alcazar, Coral Gables, FL
According to floor plans obtained from the City of Coral Gables microfilm, this beautifully updated Old Spanish home was once a parsonage. Built in the 1920′s but recently updated, it is the perfect combination of old world charm w/modern amenities. Marble floors, impact resistant windows, granite kitchen counters & updated bathrooms are the elegant finishes that compliment the Old Spanish design. The 1 bed/1 bath cottage is perfect as an office, guest room or gym.
Rental Rates On The Rise
With the increasing popularity of living in walkable communities, rents are on the rise in areas such as downtown Brickell and Coral Gables. The fact that there are so many new buildings with great amenities and upgraded finishes, such as granite counter tops and modern kitchens and baths, in these two areas have lead to an increase in demand and rents. An unfurnished 2 bedroom 2 bath condo in a newer building starts at $2000.
Housing Reports Expected Next Week
While the local real estate news has been giving us a snapshot of what has been happening in Miami’s real estate housing market, several housing reports are due out next week, which will give us a national picture of how the housing recovery is fairing.
- Tuesday - S&P Case Shiller home price index: this index tracks changes in the value of residential real estate at both a national level as well as in 20 metropolitan regions (Miami is one them). Although it is calculated monthly and is released on the last Tuesday of every month, it is published with a two month lag. Tuesday’s report will include values through December 2010.
- Wednesday – new home sales : this report is based on a survey conducted by the U.S. Census Bureau that starts with the number of building permits authorized for single family homes .
- Thursday – pending home sales : this index is prepared by the National Association of Realtors (NAR). Because this report looks a homes that are currently under contract, it gives a good picture of where the housing market is headed in the next couple of months. Although many of the pending sales fall through due to a variety of reasons (buyer’s don’t qualify or they get impatient waiting for a bank to approve a short sale are the main reasons in today’s market), many of the sales will close thereby absorbing inventory.
As of today, pending home sales in Coral Gables currently stand at 72 (24 since 1/1/11) versus an inventory of 410 active listings (45 new listings since 1/1/11).
Pinecrest pending home sales are 30 (7 since 1/1/11) and active homes for sale are 196 (17 added since 1/1/11).
Fairchild Chocolate Festival This Weekend
The chocolate festival starts tomorrow and runs all weekend. Yum!!
In addition to learning all about chocolate, there are chocolate tastings and sales.
Wine Tasting in Miami
Looking for something to do tonight? Try Wolfe’s Wine Shop‘s “Save the Tatas” , an all women winemaker tasting to benefit mammography for those who can’t afford screening. Tonight from 7-9 pm. $20 with RSVP/$30 at door. RSVP jeffrey@wolfeswines.com or tweet @wolfeswines.
Wines to be tasted:
Jean Marc Lafage Cote Est, Cotes Catalanes 2009
Patricia Green Cellars Sauvignon Blanc, Oregon 2009
Honig Sauvignon Blanc, Napa Valley 2008
Cote Bonneville Chardonnay”DuBrul”,Yakima 2006
Ercavio Tempranillo Roble, La Mancha 2007
Peay “Scallop Shelf” Estate Pinot Noir 2007
Doamine de Marcoux Chateauneuf du Pape 2006
Paolo Scavino Barolo 2005
Another wine tasting a little further south at 9563 South Dixie Hwy:
L’Atelier Gourmet & AB Fine Wines
Come and have taste of a Chardonnay from Mendoza,
a 90 pts Robert Parker Ribera Del Duero, a Sauvignon blanc Pouilly Fume, and a wonderful Syrah Granche
from South of France. While you are there, pick up some of the pastries for a late night snack. Their macaroons are amazing!
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
Coral Gables Real Estate – Short Sales
There are currently 36 short sales, single family homes, listed on the MLS in Coral Gables. They range in price from $3.95 million to $250,000
Deering Bay, Coral Gables, FL – Progressive Brokers Open
Deering Bay Real Estate
Amazing views from this beautiful apartment at the Verona in Deering Bay. Amenities available include: small and large boat marinas, golf, tennis, restaurant, pools, gym and peace and tranquility. Proximity to downtown Miami, airport, Coral Gables, South Miami, University of Miami, Baptist Hospital, Pinecrest and Dadeland and the Falls shopping centers make this the perfect location to call home.





