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Market Summary Miami Beach

Miami Beach, Florida Annual Real Estate Update for 2008

Single Family Homes

  • Total single family sales in 2008: 116
  • Highest Sales Price: $13,100,000 for a 10,000 square foot home built in 1936 on a 32,000 square foot waterfront lot
  • Lowest Sales Price: $200,000 for a 1,261 square foot duplex on a 2,499 square foot lot.  Bank-owned foreclosure.
  • 54 of the sales were water front properties

Condos

  • Total condos sales in 2008: 1,303
  • Highest Sales Price: $12,360,000 for a  8,900 square foot unit on Fisher Island
  • Lowest Sales Price: $39,000 for a 711 square foot bank-owned foreclosure
  • 914 of the sales were in water front buildings

Categories
Key Biscayne Market Summary Neighborhood News

Key Biscayne, Florida Annual Real Estate Summary 2008

Single Family Homes

  • Total single family sales in 2008: 37
  • Highest Sales Price: $7,500,000 for a 6,369 square foot home built in 1991 on a 16,271 square foot water front lot on S. Mashta
  • Lowest Sales Price: $817,900 for a 1,763 square foot 7,500 square foot lot.  Bank-owned foreclosure on Cranwood.
  • 6 of the sales were water front properties

Condos

  • Total condos sales in 2008: 161
  • Highest Sales Price: $8,550,000 for a  6,700 square foot unit in Ocean Club
  • Lowest Sales Price: $220,000 for a 610 square foot unit in the Key Islander
  • 9125 of the sales were in water front buildings

Categories
Coral Gables Neighborhood News Palmetto Bay Pinecrest

Calling All Miami Palmetto Senior High Alumni

mphs_header7.jpg will be celebrating its 50th birthday the weekend of October 17, 2008. If you attended Palmetto or are a current student, save the date and please update your information so the alumni committee can keep you informed of all of the upcoming events and special dedications.

Categories
Coral Gables

Coral Gables Commuter-Friendly Neighborhood

I wrote a blog the other day about walkable neighborhoods in Miami-Dade County and decided to blog about each neighborhood in more detail. The first neighborhood on my list was Coral Gables, also known as the City Beautiful.

The Gables, as it is known to most residents, stretches into south Miami-Dade County and runs parallel to trolley_s2.jpgthe village limits of Pinecrest and Palmetto Bay, so not all parts are convenient to walk to shops, restaurants, entertainment and work, if you happen to work in the Gables. However, using a combination of the City’s hybrid-electric trolley, which runs along Ponce de Leon between the Douglas Metro Rail station and 8th Street, Metro Rail and bus routes you can get to downtown Coral Gables, the University of Miami and downtown Miami from just about anywhere in the Gables using public transportation.

According to a study by the University of Florida about consumer confidence, gas prices are a big reason that consumer confidence has hit a 16-year low. Should you be considering a move, think about where most of your driving takes place (to and from work, children’s activities, pursuing hobbies and interests) and take this into consideration when you look at different neighborhoods and homes within them.

Do you live in an area of Coral Gables and walk or use public transportation? If so, please share your commuting experience.

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Coral Gables South Miami

Who Counts the Bubbles in Champagne?

champagne-glass.jpegI attended the champagne and caviar tasting at the Whole Foods in Coral Gables last night and learned a lot! I already knew I love caviar and am extremely picky about my champagne, so I was thinking I would just go and have fun.

Little did I know I would actually learn that champagne has 56 million bubbles per bottle, that the reason for checking the cork from a champagne bottle is to make sure it matches the label, and that proper champagne opening etiquette is to make the cork “kiss” instead of “pop”!

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Coral Gables South Miami

More Than Just Shopping at Coral Gables Whole Foods

SangriaWell, I went to my first event at the Coral Gables Whole Foods since the grand opening last week. On Thursday they had a sangria tasting and it was a good excuse to hang out in their Whole Lifestyle Center (LC) and chat with friends and neighbors who stopped by. The Tarantas Sangria, an organic bottled sangria, was the better of the two and could serve as a starting point to doctor your own, but nothing beats homemade sangria.

Patrick, one of the sommeliers at Whole Foods, was extremely friendly and helpful, and took time out to chat about wines and sangria. I an organic wine tasting oncaviar1.jpg Friday, but will be there tonight for a champagne and caviar tasting.

My only critique of the store is that the LC is inconveniently located on the opposite side of the store and can only be accessed from the outside. This was poor planning since it discourages shoppers from meandering through the store prior to an event or from returning to the store to purchase items after an event. I am sure they will be working on fixing this oversight so they can maximize the marketing potential of their tastings, cooking classes, and demonstrations.

Categories
Coral Gables South Miami

Whole Foods Coral Gables Wine Tasting Calendar

berriesGotta admit that I am a food geek who has been anxiously awaiting the opening of Whole Foods in Coral Gables. I loved shopping at Whole Foods in California and though I wouldn’t trek to the Aventura store, I did trek all the way to Fairfax, Virginia to visit the store there. Actually, I was visiting family and we just made this a side trip to plan dinner.

Geek that I am I signed up for the pre-opening behind the scenes tour today and enjoyed eating my way through the isles. In addition to fresh squeezed orange juice, bananas, cookies, cake, a turkey empanada with mango chutney, and Parmesan cheese, we were treated to a wine tasting in their Whole Lifestyle Center, a community-hall style room for cooking demonstrations and wine tastings.Champagne

They have several tastings coming up: Sangria on Thursday, September 27 from 7-8:30, Intro to Organic Wined Friday, September 28 from 7-8:30, Caviar and Moet Champagne Tasting on Saturday, September 29 from 7-8 and a Cheese and Wine Pairing on Sunday, September 30 from 4-5. The Cheese and Wine Pairing is a fundraiser for The Pet Project, which helps individuals with disabling illnesses keep their pets.

I am looking forward to the lifestyle center offerings as much as I am to the store opening. I don’t like to shop and find grocery shopping especially tedious, but I like cruising (and tasting my way) through the isles at Whole Foods. It can bring out the cook in anyone. And if you don’t like to cook, take home their delicious meals. A nice change from rotisserie chicken!

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Coral Gables

Vampires and Werewolves, Oh My!

No, this is not an early Halloween blog but rather one about Books and Books, our Manhattan-style bookstore. Mitch Kaplan, Books and Books owner and a co-founder of Miami Book Fair International, has done an incredible job bringing distinguished authors to speak, read, and sign books over the years, but none got my teen daughter’s attention until Stephenie Meyer showed up on September 15 to talk about Eclipse, the latest in the Twilight Series.

I was lucky, or crazy, enough to attend the Books and Books Vampire Ballsponsored Vampire Ball, guest starring Stephenie Meyer, with my 13 year old daughter and hundreds of other fans. The Coral Gables War Memorial was packed but the event was extremely well organized. Fans waited in line for asked questions of the author and then waited to get their books signed.

It was wonderful to see so many young readers and would-be authors enjoying a Saturday afternoon with their parents, friends, and books. Thanks, Mitch!

Categories
Pinecrest

Miami Palmetto High School Turns 50!

Miami-Palmetto Senior High School is celebrating its Golden Anniversary and the PTSA is having a special membership drive to commemorate it.

Ranked in the top 100 public schools in the country by Newsweek Magazine, the school is one of the reasons so many families move to Pinecrest. I remember the first time I attended a new student orientation with my now senior student. The principal asked all of the parents who had graduated from Palmetto High to stand up and an extremely large percentage of the people in the auditorium stood up.

I wouldn’t have been surprised at the numbers if we were in a small town, but Miami has a very large and transient population. I was thrilled that so many adults felt the school and Pinecrest community had been such a positive experience in their upbringing that they chose to return and raise their families here.

The school will be holding their open house on Tuesday, September 18 at 7:00 p.m. I Love South Florida

Categories
Pinecrest

8 Adjustments to Village of Pinecrest Results in 9% Decrease in Millage

Village of PinecrestThe Village of Pinecrest reduced its millage from approximately 2.4 mills to 1.95 mills by cutting $1,600,000 from its 2007-2008 budget. This was attained by:

  1. Increasing the admission fee at the Splash and Play at Pinecrest Gardens.
  2. Charging memberships at the future community center.
  3. Increasing rental rates at Village facilities.
  4. Decreasing expenditures on out-of-state travel and staff education.
  5. Not filling vacant positions.
  6. Reduce park hours.
  7. Postponing replacement of vehicles.
  8. Reducing the amount of funds spent on promotional activities.