Miami Real Estate - Sales Looking Up!

Once again we have the latest market stats for real state in Miami-Dade County.  I thought I'd share with you this graph showing a few things...

A FEW NOTES ON THE STATS:

• Inventory in the county has dropped,  we have a 6 month supply "normal market conditions" of homes for sale (light green bars).
• Pending sales are up to 1,515 for June 2011, the highest we've seen in over 7 years...
• Short sale inventory equals 33.1% of our total home inventory for sale.
• Pricing remains steady overall for Miami-Dade... average single family home up to $341,000 from $338,000.
• Lack of inventory and increase in buyer activity w/low mortgage interest rates is what's keeping our prices stable now, rather than declining.
• This statistic is for Miami-Dade county as as whole.  Contact me for specific information about Coral Gables, Coconut Grove, Pinecrest, Miami Beach, Palmetto Bay, South Miami, or your specific neighborhood in Miami Dade or Broward County.

For more detail or market discussion, contact me directly at 305-345-8153, or at Lisa@FoxProductions.com.

Country Style - Large Yard and Room for the Boat!

Here's a new listing I just posted last week in the Metro Zoo area.  This is just west of 137th Avenue off 152 ST in the Southwest part of town.  The great thing about this property is its lush builder's half acre lot full of fruit and palm trees in the back.  Also there is plenty of space with double gates to park a large boat or extra cars.

Front View - 14711 SW 152 STREET

The house itself is nice, well kept and very clean.  There are 3 bedrooms / 2 baths in a split plan.  Vaulted ceilings add to the spacial dimension in the living room, especially with the flanked french doors opening up to the patio.

The kitchen is newly remodeled and includes a nice eat-in kitchen area with a huge double door pantry area.  The master bedroom also has an addition with a huge walk-in closet.  You can definitely say it's "walk-in" but it's actually more like an extra room... the closet is huge and would be considered a dressing area.  A new or expectant mother could probably turn the closet into a nursery room with a crib... that's how large it is.

I find the neighborhood to be quiet, and most of the homes around appear to be  in good condition... meaning not a lot of distressed looking properties around this house.  That's a good thing if you care about eye soars and your neighbors.  The house is conveniently located, right off 152 ST and close to shopping - there are both Publix and Sedanos supermarkets nearby, and the turnpike entrance is not far away.

Call me for more details or to arrange a showing.  This is not a distressed sale, and the property is only for sale, NOT for rent.  List price is $237,000.

Pleasant Surprise in Coral Gables - Single Family Home for $368,500.

If you are looking for the bottom of the pricing market, here is a great opportunity in the north Coral Gables area.  This home has been completely renovated and is perfect for either a new family or someone wanting to downsize.

1260 VENETIA AVENUE, CORAL GABLES, 33143

Here are some great pictures below of the kitchen and dining area. The kitchen is spacious and open to the kitchen, and the cabinets are real wood with granite countertops and stainless appliances.





Kitchen Open to Dining Room

Although this is a smaller home with about 1500 SF, the property has a good layout and has a large bedrooms with plenty of closet space through the hallway and in the master bedroom.

If you are interested, catch it while it's still available as it will be gone soon.





Wow, What a Condo! ... in the Brickell area.

I just rented a unit over at the new 500 Brickell Av. condo.  This is a beautiful property designed by the renown "Architectonica" firm in Miami, and with interior design by Michael Wolk.  Here is a link to the 500 Brickell photos on Michael Wolk's web page.  Wolk's motto is "Making Design Matter", and he sure did with this project.

The 500 Brickell is classy and contemporary.  There are two towers (east and west), and the buildings are joined up to the 11th floor with a very SOBE patio area and large round infinity swimming pool.   There are cabanas, lounge chairs, and entertainment areas, as well as "his and hers" spa areas. 


Rooftop Pool

The common area decor has a zen feel, using all the correct Feng Shui elements and a nice color scheme in the hallways.  On the top of the East tower is a surprising small round dipping pool and rooftop entertaining area... nice.

Lobby

 The rooms are spacious with modern kitchens, high ceilings and floor to ceiling windows.  The bathrooms are large and spacious.  Most of the units have 1 or 2 bedrooms although the NE Corner of the East tower has 3 bedroom units, directly facing the bay.    There are currently 19 units for sale in the complex, ranging from $285,000 to $595,000 in listing price.  Call me for more info!