Miami real estate news and information

Open Houses on Sunday June 26

Join the Restivo Hechtman Team this Sunday for two Open Houses in Pinecrest.

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Open House Sunday June 12

Open House

Sunday June 12 from 1-5 PM

6330 SW 107 St in Pinecrest.

6+ bedrooms, 7.5 baths.

Offered at $2,999,999.

6330 SW 107 St

Contact Vicki Restivo or Alexandra Hechtman for more information or to set up a private viewing.

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3 Lovely Homes Open Sunday – June 5

Pinecrest listings are Open 12pm-2pm.

Palmetto Bay listing is Open 2:30pm-5pm

The Restivo Hechtman Team at EWM Realty International   305 793-1365

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Open House on Sunday May 29

Lovely Open House on Sunday May 29, 2016 from 12-2 PM. Stop by 6330 SW 107 St.

6 bedrooms, 7.5 baths, offered at $2,999,999

AlexTphoto.com - Restivo - 6330 SW 107th St-Twilights-7-HighRes

 

Contact Vicki Restivo at 305-793-1365 or Alexandra Hechtman at 305-632-0164 for more information.

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Deering Bay is in Hot Demand … Second Closed Sale in 2 Months

FullSizeRenderBuyers have been hovering (for quite some time now) in Deering Bay (mulling over the plethora of options available for purchase).  There are currently 23 listed for sale, and no two units are the same.

Deering Bay  … This is an impeccably manicured & well-maintained  golf, tennis and yacht club/resort in Coral Gables … with a guard gate, security & clubhouse.

No two condo buildings are the same…  nor are any of the individual units identical to one another.  So matching the right buyer with a ready seller boils down to selecting, exploring and showing the top listings.FullSizeRender (1)

This upscale, gated community in Miami has seen  a significant upswing in recent sales as well as an increase in new listings.  Deering Bay is in hot demand!   Baby boomers downsizing …  Homeowners wanting to travel more and worry less about the upkeep and maintenance of their sprawling Pinecrest homes … Golfers … Yachting enthusiasts … And those wanting a vacation resort atmosphere …

We just closed on another gorgeous unit in Deering (after showing a dozen or more condos over a period of two months):  13641 Deering Bay Drive – Unit 138.  It sold for $1,164,000…. exquisitely updated and move in ready … 3 bedrooms.   This is our second sale in Deering Bay in the past 2 months.  Congratulations to our buyer, who got a spectacular condo!

FullSizeRender (2)If you are considering Deering Bay  …  either to live there or  perhaps to relocate elsewhere … we can help.  The Restivo Hechtman Team at EWM Realty International.  Call us!   Vicki (305) 793-1365  &  Alexandra (305) 632-0164  [email protected]

Buying or Selling in Deering Bay …  The Restivo Hechtman Team.

Currently there are 23 listings in Deering Bay  ..  asking $950,000 to $2,900,000.

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Zillow CEO Spencer Rascoff Sells His Own Home 40% below Zillow’s Zestimate

For all those who hold  Zillow’s  “zestimate” on a pedestal,  repudiating it to be the benchmark of home values …  this may be rather eye-opening:

Zillow’s CEO, Spencer Rascoff  sold his own Seattle home for 40% below what Zillow’s “Zestimate” showed it to be worth just a day before closing.

As realtors, we have conversations all the time with buyers & sellers who want to grasp tightly to whatever Zillow says.    And, it’s not simply that Zillow values are high … because often they aren’t.  Sometimes Zillow comes in way below market value on any given property.  Zillow admits to inaccuracies …. But the point is,  Zillow is often inaccurate … off by a little … off  by a lot …  or just simply wrong.  And the reason is fairly simple …. There is quite a lot that goes into valuing a property.   And luxury property is where Zillow most often gets it wrong, due in part to the fact that there are so many intangible factors.

Spencer Rascoff, selling his own home for 40% below what his company’s zestimate said the value was, speaks volumes.  His own company valued his house at $1,750,000.  He sold it for $1,050,000. That is a huge discrepancy.

Yes … appraisers can get it wrong …  so can Realtors …  BUT we have tools that help us be as accurate as humanly possible … and we have tons of  information at our fingertips that influences & impacts  home valuations …  information that is not based simply on auto-populated algorithms!

Buying … Selling … Please call us …  We would love to work with you!    The Restivo Hechtman Team at EWM Realtors International

Vicki Restivo 305 793-1365      Alexandra Hechtman 305 632-0164

 

 

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2 Bedroom Penthouse Condo at Douglas Grand in Heart of Coral Gables $315,000

Newly-listed  2 bedroom 2 bath penthouse with balcony … asking $315,000 … in the heart of Coral Gables…  “Douglas Grand” … 50 Menores Avenue #815 … Located just north of Alhambra Circle.  Recently updated …. Solid wood floors … granite counters.  This is a corner unit, top floor, with balcony  and wide-open city views.  Snack bar.  Entry foyer breakfast nook.  Washer and dryer inside the unit….   One of the two bedrooms comes with a built-in pull-down murphy bed.  Ideal location for UM faculty or students, near to the Coral Gables campus and just up the street from Miracle Mile.  It’s in the heart of Coral Gables with  shopping,  dining and nightlife at your feet.  2 deeded parking spaces included.   For a private showing, please contact the Restivo Hechtman Team at EWM Realty International 305 793-1365

Menores Foyer Bfst Nook

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Spectacularly Updated Deering Bay Condo with Views of the Marina … Under Contract Although Not Listed for Sale

With gorgeous views of the Grand Marina in Deering Bay,  this spacious 3 bedroom condo in  “Venice”  was perfect for our buyer… although it wasn’t  listed for sale.

The current owner meticulously remodeled it  (removing walls to create a stunning ‘open concept’ contemporary home) … and everything about it was  ‘right’, except that  it wasn’t for sale.

venice marina view

BUT … sometimes that doesn’t matter.

Warmest congratulations to our buyer, who is officially under contract, and closing in mid May… and congratulations (too) to the seller, who is thrilled as well.

If you are looking for something specific that isn’t on the market, please let us know.  We may well be able to find you just what you’re looking for!  The Restivo Hechtman Team at EWM Realty International :  Vicki Restivo 305 793-1365   …   Alexandra Hechtman 305 632-0164 [email protected] …   MiamiRealEstateCafe.com  … your real estate blog and website.

 

venice dining livingDeering Bay Yacht & Country Club has a number of options for  golf, tennis & yachting – as well as for social membership.   Deering is one of Coral Gable’s finest gated communities, offering a refined lifestyle for those wanting a condo, townhome, or single family estate home in Coral Gables….  within a variety of price categories.  Right now there are 25 condos, townhomes & single family homes listed for sale, each with different views, layouts and styles. Those actively listed have asking prices from just under $1 million upward close to $3 million … A great place to live … A great time to buy!

Venice  is a charming complex …. overlooking Deering Bay’s Grand Marina ….   It’s wide wrap-around terraces, high ceilings, sliding glass doors, floor to ceiling windows & tranquil views of palms, water & yachts (and the magnificence with which it was renovated!)  made it perfect.   Buyer and seller both benefited  …  Our warmest congratulations to both parties!

VENICE KITCHEN

The Restivo Hechtman Team SOLD  2 units in Deering this month ….  So, whether you are thinking of buying or selling, we would love to make that happen for you!   Call anytime …. 305 793-1365 or 305 632-0164

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Coconut Grove Lifestyle in the Heart of Pinecrest ! 10651 SW 65 Street

With promise of the exotic ….  This very unique Pinecrest home will make you feel as though you’re living in Coconut Grove ….  nestled beneath lush tropical foliage.  Looking for infinite tranquility?   This acre property is your own private Fairchild Botanical Garden.  Offered at $1,950,000  … 4 bedrooms …. updated … renovated …. For a private appointment to see this featured listing, contact the Restivo Hechtman team at 305 793-1365 or 305-632-0164 [email protected]

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Baptist Area Progressive Open House Schedule for SUNDAY May 1st

If you are considering living in the Baptist Hospital area of Miami, this weekend might be a good one to house hunt.  With 24 listings priced from $500,000 to $1 million, many of us who have listings  in the Baptist area will be hosting a PROGRESSIVE OPEN HOUSE …  Many will open for 2-3 hours … between  2-5pm on Sunday May 1, 2016.   Please join us!

Our featured listing at 8625 SW 110th Street – newly priced at $665,000 – is an impeccably maintained 4 bedroom 2 bath home – 3,116 square feet – with a spacious back yard and plenty of room for a pool –  located near Vineland Elementary.  Contact the Restivo Hechtman Team at EWM Realty International  305 793-1365 or 305 632-0164 for additional information.   [email protected] OPEN 3-5pm Sunday May 1,2016

Map of participating homes  …

 

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