Category: Pinecrest

Pinecrest Homes For Sale: Market Update

Post author By
Post date October 16, 2013

We are already half way through October and almost at the end of the year. 2013 will probably break another record in terms of the number of real estate sales we have had in Miami-Dade County. A quick snapshot of the Pinecrest real estate market shows the following:

205 single family homes have closed since January 1, 2013. 12 were short sales, 4 were bank-owned
47 of the closed sales were between $1 million and 1.999.999. 25 were over $2 million. Highest sale to date this year was for $3.8 million.
42 single family homes are under contract, over half are distressed sales. 21 are short sales and 2 are bank-owned
out of the 42 pending sales, only 15 are listed for over $1 million, none are listed over $2 million
127 single family homes currently listed for sale, 5 of which are short sales and one is a bank-owned property
90 of the homes that are currently listed are over $1 million, 42 are listed over $2 million

Since October 1, there have been 11 new listings, 2 of which are short sales, and 2 homes have gone under contract. So far, there have been no closed sales in October. Going forward, I expect the inventory to increase slightly until Spring, at which point I think we will see more inventory come on the market. I still expect properties priced from $600,000 – $1 million to move fairly quickly.

If you are a buyer, especially in the luxury price range, you will have a lot to choose from and have more negotiating room.

If you are a seller, you will want to price your property so that it sells before the inventory increases in the Spring.

Buying Environmental Home Improvement Neighborhood News Pinecrest

Going Green In Your New Construction? First Step Should Be Protecting Existing Trees

Post author By
Post date October 7, 2013

Well, it finally happened. My neighbor has sold his home on a beautiful, tree-lined, deep lot in north Pinecrest. It is not quite an acre, but I am guessing a huge home will be going up on the site. I hope I am wrong and that our soon-to-be-new-neighbor will appreciate all of the wildlife their back yard is home to and remodel instead of tear down and build the maximum allowed home. Over the years that we have lived in our house, we have enjoyed seeing fox and watching large predatory birds nest and raise their young in our neighbor’s yard.

We are lucky to live in the Village of Pinecrest, which like many cities in Miami-Dade County, has landscaping regulations that include tree preservation, but I have witnessed lushly grown lots be completely bulldozed to accommodate homes that cover the majority of the lot. Once built, small oaks and palm trees are planted in the front and back yards with shrubs planted around the sides.

The house below is a great example of how existing trees can be incorporated into new construction. The house on this lot was torn down but many of the trees were kept. They provide shade and character for the house as well as a canopy to shade the street.

Aventura Coconut Grove Coral Gables Florida Life Miami Beach Palmetto Bay Pinecrest Things To Do

10 Things To Do In Miami In October

Post author By
Post date October 1, 2013

I love October in South Florida. Not only does the weather start to tease with occasional cooler, drier temperatures, but it is the official start of our art season. Although we now have cultural activities year-round with our monthly art walks, museum exhibits, and great musical programming at the Arsht Center and venues throughout South Florida, we really kick into high gear in October. Here is a list of some venues to try in October:

Soundscape movies every Wednesday starting in October through December 18 at the New World Symphony (free)
Wallcasts October 5 & 25 at the New World Symphony (free)
Sounds At Fairchild October 6, 13, & 20 at Fairchild Tropical Garden
Barnacle Under Moonlight Concert October 11
Diavolo’s Transit Space Dance October 12 & 13 South Miami Dade Cultural Arts Center
Ruthless, the musical October 18, Actor’s Playhouse
Artists At Vizcaya October 19 at Vizcaya Museum and Gardens
Wine on Harvest Moon October 19 at the Deering Estate
Jazz at Pinecrest Gardens October 26
New World School of the Arts Repertory Dance Ensemble October 30 at the Aventura Art and Cultural Center

In case you have a free day in October with this calendar,remember most of our museums have free days every month.

Tags Culture, entertainment, Free things to do in Miami, Things to do in Miami

Pinecrest Things To Do

Tomorrow is WineWednesday at Anacapri Restaurant in Pinecrest

Post author By
Post date September 10, 2013

Tomorrow is the second Wednesday in September, which means it is time for WineWednesday at Anacapri Wine Bar in Pinecrest. If you have never been, you are in for a treat. $10 is all it costs to sample dozens of wonderful wines from around the world. They also have food to sample while you are sipping wine and socializing with friends.

Tags Food tasting, Pinecrest, Red Wine, Things to do in Miami

Brickell/Downtown Miami Buying Coral Gables Miami Beach Neighborhood News Palmetto Bay Pinecrest Selling

Properties Close To Public Transportation Popular During and After The Recession

Post author By
Post date August 26, 2013

Properties that were in communities near public transportation with frequent routes did 42% better in maintaining their value than those that were not near public transportation. As real estate sales in Miami continue to rise, neighborhoods near public transportation are some of the areas with the tightest inventories.

Many communities, such as Brickell and Coral Gables, have added trolleys and many suburban communities, such as Pinecrest and Palmetto Bay, have added People Movers.

Tags Investment Real Estate, Miami Beach Real Estate, Miami Real Estate, Pincrest Real Estate

Buying Luxury Real Estate Pinecrest Selling

$20 Million In Sales In One Week From EWM Coral Gables Office

Post author By jenniferwollmann
Post date August 7, 2013

Even though this close to the start of the school year sales should be slowing down, nothing could be further from reality. Our EWM office had over $20 million worth of sales this week, which represents a total of 31 sales. 5 of the sales went for the asking price and 3 went above asking.

The graph below is for single family homes in Pinecrest, a neighborhood known for its luxury homes on large lots community parks and great schools. Second quarter inventory in Pinecrest is down 12% from the same time last year, and based on both closed and pended sales for the quarter, there is only a 4.7 month supply of inventory. Although it is only a snapshot of one Miami community, it is indicative of what many communities are going through: tight inventories, increasing sales, and frustrated buyers.

Coconut Grove Coral Gables Florida Life Key Biscayne Palmetto Bay Pinecrest Things To Do

Bike 305 Aims To Form An Interconnected System of Greenways, Bike Lanes and Trails

Post author By
Post date July 14, 2013

I recently visited Ecuador and enjoyed running on the Chiquinan Trail, a 20 km bike and running trail converted from an old railway trail.

While I was running, I thought it would be great if Miami-Dade had something similar. I was thrilled to find out it does, though most of it is still in the making. It is called Bike 305 and so far 130 miles, out of the 5o0 planned, have been completed. The current routes include Key Biscayne, Coconut Grove, Coral Gables, Pinecrest, Palmetto Bay and Cutler Bay. I have run along several of the routes, without even knowing it was part of a grander plan to interconnect greenways, bike lanes, and trails. I look forward to running more portions of the route as they come on line!

Neighborhood News Pinecrest Things To Do

Chocoholics to Converge at Pinecrest Gardens March 9-10

Post author By jenniferwollmann
Post date March 7, 2013

I love chocolate, especially dark chocolate, so I am thrilled that the first ever Miami Fine Chocolate and Food Show is coming to Pinecrest Gardens this weekend. One of my favorite chocolate stores, Romanicos on Coral Way, will be there as well as Valor chocolates from Spain. Romanicos’ chocolates are pure artistry from their Tropical Collection, with painted fish motiffs, to their Nostalgia Habanera, with chocolates filled with dulce de leche and guava paste. My favorite from Valor is their 70% dark chocolate bar with banana. Pair any of these with red wine and…heaven!

I am looking forward to tasting chocolate from all of the chocolatiers that I don’t know yet and adding to my current stash.

Tags Food tasting, Pinecrest, Pinecrest Gardens, Things to do in Miami

Neighborhood News Pinecrest Restaurants

Del Sur Restaurant In Pinecrest: Great Food & Wine At Reasonable Prices

Post author By
Post date December 22, 2012

so miami ave 010 — Lamb Osso Bucco with Polenta at Del Sur Restaurant

Del Sur Market and Restaurant in Pinecrest, which was voted best restaurant in South Miami-Dade of 2012 by the Miami New Times, is a great little restaurant tucked into a small strip mall in Pinecrest . I stumbled across it several months ago, misguided by the word “Market” in their name. I went looking for Argentine cuts of meat for a parillada mixta I was having at my house. Turns out their restaurant has been so successful, they expanded the restaurant portion and shrunk the market portion of their space.

Last week I went with a group of friends and family for dinner. All of us had wonderful, fresh, homemade dishes (all of them were meat, though they do have a nice selection of pastas, chicken and fish) accompanied by two very nice red Argentine wines recommended by the owner, Hernan. We had such a wonderful experience that several of us when back with a couple of first timers the following week. This is one restaurant I am eager to go back to again and again. Not only is their food delicious, eating here will not break the bank!