Miami real estate news and information

3752 Kumquat Cottage $730,000 “The Tropical Cottage – At Home in Coconut Grove”

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Like to own a piece of Miami history?

One of the oldest cottages in the Grove was JUST listed for sale …  (This one dates back to 1935  – if not before).

Miami photographer, Claudia Uribe, photographed this one, along with 32 others for Beth Dunlop’s book  ”The Tropical Cottage – At Home in Coconut Grove”  …  It’s an awesome book on the Grove, giving some insight into the 33 most unique cottages Coconut Grove has to offer.

SRHSH-9387Our colleagues at the Riley Smith Group listed this quintessential  3 bedroom 2 bath cottage through EWM Realty Int’l for $730,000 at 3752 Kumquat Avenue … For more information or to see this cottage,  please call us at 305 793-1365 or 305 632-0164or contact us here   [email protected]

This new listing is literally two houses up the street from one of my all-time favorite bungalow/cottages  … another cottage that was showcased in  Beth Dunlop’s book, “The Tropical Cottage – At Home in Coconut Grove”  … That other one, a 2 bedroom 1 bath cottage at 3720 Kumquat Avenue, was listed and sold by the Restivo Hechtman Team for $431,000.

Getting back to this ’new’ quintessential Kumquat listing… It is adorable  … nestled under a tree canopy on one of the Grove’s most characteristic streets, Kumquat Avenue … Architecturally this one has a Spanish influence (with a touch of Alsace France  …  with it’s thick, pale blue stucco exterior).SRHSH-9399

This Kumquat cottage offers ’everything’ Grove … the lifestyle …  friends and neighbors out and about …  bicyclists and passers-by heading to the center of town for breakfast on the weekends/  newspapers in hand …  strollers, dogs …  It’s a toss up whether the front porch or the front yard wins as the best spot for morning coffee. Read the rest of this entry »

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Perfect Alternative to the Million Dollar Pinecrest Estate?

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If you want a Miami neighborhood (with acre estates – and priced below what you’ll find in Pinecrest) there is one neighborhood that relatively few people know about:  Historic Sunset ( by South Miami).

Architects and builders have been building personal residences  for themselves and their families  there for years now … living there and not wanting to move.  Up until a few of those multimillion dollar homes actually came on the market, and began to sell, prices in that neighborhood remained low – for lack of comps and lack of inventory. The neighborhood still isn’t as well known as Pinecrest or Coral Gables … and that adds to the value … Where is this “secret gem of a neighborhood” ?   It’s the Historic Sunset area …   south of St. Thomas the Apostle Church & School … north of Sunset Drive … south of Miller Road… and east of the Palmetto (SR 826)  …  It abuts both Coral Gables &  South Miami  … very close to the University of Miami.

It’s a quiet tree-lined neighborhood that juxtaposes recently-built multi-million-dollar acre-estates  with rather modest smaller older homes… in an area that many people are  only vaguely familiar with (unless they’ve searched a five mile radius of UM for property and stumbled across it that way … or have driven around to explore).  Buyers tend to be familiar with/ or ”know”  Pinecrest, Coral Gables, Coconut Grove, and South Miami … but this Historic Sunset Neighborhood is an awesome alternative for home buyers, and can offer significant bang for your buck.   And … it’s  literally just minutes from everything.  May be worth exploring if you’re relocating to Miami, working for the University of Miami, Baptist Hospital, or wanting to live and work in the general area of Coral Gables,  Pinecrest, Palmetto Bay, High Pines, Ponce/Davis, or South Miami … and not stuck on needing to be within the boundaries of Pinecrest Elementary School.

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We  listed a unique French-style two story pool home in this  Historic Sunset area  last week.  It’s an acre estate, with a lighted tennis court, fenced and gated … with European feel,  flair & warmth: 7411 SW 66th Street.  Listed for $1,100,000 this home’s façade hints of France (with it’s mansard roof)  … It blends the Mediterranean with a tropical Miami vibe and location …  It has an outdoor summer kitchen and paella grill…  Grounds surrounded by fruit trees (mango, avocado, lychee, citrus, star fruit, kumquat) … Located at the far end of a cul-de-sac across from a mega mansion that’s going up just across the street… and from what I know, amazing neighbors.

This home is  gated and fenced … with a circular drive … It’s a two story (with three of the bedrooms upstairs).  There are 3260 square feet of living area -  and the home was completely remodeled in 2001.  Lighted spacious tennis court. Sparkling pool. Outdoor summer kitchen and built-in paella grill. An understated theatre/media room.  Full house generator.  4 air conditioning units. 60 foot deep well. Impact windows/shutters. Alarm. Fireplace. Wine cellar. Wine Fridge.  4 bedrooms. 3.5 baths. Upstairs terrace overlooks the pool and tennis courts and grounds. Vegetable garden.  Covered patio entertainment area downstairs.  Surround sound (indoors and out). Located on a cul de sac with no through traffic.

To see this property or others, or to list your property for sale, contact the Restivo Hechtman Team at 305-793-1365 and 305-632-0164.  This house is a pleasure to show!   Visual Tour 7411 SW 66th Street, Miami Florida

 

 

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Join us for a Broker’s Open Today

 

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The Restivo Hechtman Team is hosting a Broker’s Open today from Noon-2:30 pm.

Come see this two story home that’s nestled among multi-million dollar homes and  features a European feel, a lighted tennis court, an outdoor paella grill and much more.

We will be serving drinks and lunch, so don’t miss it!

7411 SW 66 St

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Join Us For Broker’s Open Today 12-2

The Restivo Hechtman Team is hosting a Broker’s Open today from Noon-2 pm. Come see this charming Coconut Grove Cottage that’s been completely remodeled. We will be serving drinks and lunch, so don’t miss it!

3674 Loquat Ave

Coconut Grove

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Congratulations on Selling Your House ! Full Price Offer … one week on the market!

Warmest congratulations to OUR SELLERS, whose house just closed this week.

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Getting a full price offer within days of listing this Miami house was the goal …  The fact that this property was so beautifully redone and tastefully updated,  and was immaculately  “staged” certainly helped encourage solid offers.   Our sellers chose to list it at the upper end of the recent relevant comparable sales  …  and this house sold for cash on the first day of showings.   So much hinges on marketing…. and so much is a result of staging!

Congratulations to our  amazing sellers ….  from the Restivo Hechtman Team at EWM Realty Int’l !

www.MiamiRealEstateCafe.com   Our Real Estate Blog and Website for Buyers and Sellers  [email protected]

 

 

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Coconut Grove Upsurge

If you’re thinking of investing, it might be worth keeping an eye on the Grove.   Coconut Grove’s waterfront revitalization plan, and recent real estate developments have put Coconut Grove on our radar screen (again).

The Convention Center was demolished a few months ago,  with plans approved to transform Coconut Grove’s waterfront area…Dinner Key Marina and Sailboat Bay … into pedestrian-friendly public park areas with water-front promenades, new marinas, restaurants & shops.  The 3 new waterside restaurants are likely to include Don Shula’s … a revamped Scotty’s Landing … and a seafood spot.

2 mega-luxury spiraling-condo-towers (where the former Grand Bay Hotel stood, at 2675 South Bayshore Drive)  broke ground earlier in 2014.  What’s now under construction there will soon be The Grove at Grand Bay – a high end condo project with spectacular views and amenities.  It’s now in it’s early stages of construction  -  and although the units were priced from $3 million to $5 million per individual condo unit, The Grove at Grand Bay has already virtually sold out.  The handful of uber chic  condo units still available have price tags between $900 -$1,100 per square foot. Read the rest of this entry »

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Grove Hill Condo For Sale in Coconut Grove

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Christie’s names 3 top cities attracting globally affluent buyers

Miami – along with New York and London – are “three of the most vibrant world cities currently attracting the globally affluent buyer”  according to Bonnie Stone Sellers, CEO of Christie’s International Real Estate, in Christie’s annual research report Luxury Defined.

As the exclusive affiliates of Christie’s in Miami,  EWM Realty International will be pleased to provide you with market insights, and expertise whether you are buying or selling.

“Buyers continue to view London, New York and Miami as strong markets to invest in and great places to live.  All three cities are unusual in offering what luxury buyers are looking for: economic stability, ease of doing business, transportation options, cultural and lifestyle services, and attractions that make them desirable places to buy homes.”

If you are considering buying a home or condo in Miami, we at the Restivo-Hechtman Group at EWM Realty International will be pleased to work with you.   305 793-1365  [email protected]

 

 

 

 

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Miami Real Estate Market Overview & Projection 2014

“The median price of a single-family home in Miami-Dade increased 19% during 2013, while the median price of a condo in Miami-Dade increased 12%.  We have had double-digit annual median price increases for over 24 months for both single-family homes and condos in both Miami-Dade and Broward counties.  With the increasing inventories and new construction underway, median price increases will likely temper back in 2014 to single-digit levels.  With the large numbers of new condos being offered at pre-construction (primarily in Miami-Dade), the number of available units will be increasing fairly rapidly over the next 24 months; therefore we will be keeping a close watch on the number of newly constructed units, as well”  Managing Broker of EWM Realty International, Ron Shufffield  indicates in his “Focus on 2014 South Florida Market Report”.

Great time to buy or sell …  Call us today, but don’t wait.  Restivo/Hechtman Team at EWM Realty Int’l  305 793-1365  … 305 632-0164

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Lourdes Ruiz Toledo – Miami Caterer – Fills Our Home With Flavor

At a broker’s open house on E-Lake … I won a catered four-course / five-hour extravaganza …   that Lourdes Ruiz Toledo of Pamper Me Foods orchestrated and catered  at our house

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Lourdes has no website … yet … but her food is amazing… so she’s now in my little black book.

I met her while Alexandra and I were previewing homes for our clients  … one of which was 13611 SW 97 Avenue …  $2,075,000 waterfront property listed for sale by Margie Shanti and Liede DeValdivielso of Coldwell Banker. Lourdes catered their broker’s open that day –  serving ’bites’  in elegant plastic stemmed glasses  …

She had similar presentations the evening she catered dinner at our house …  Two of the courses were served in mimosa glasses and champagne flutes.  Her creations each came with a story …  about her travels, what inspired each dish,  the people, places , and exotic ingredients  (and enough description to make me hope I could duplicate them).   Her stories and presentations were lovely. 

She is worth recommending : Pamper Me Foods … [email protected]  305 300-3549

I know she  hosts  girls nights out … kids cooking classes …  elegant dinner parties … cocktail receptions …

And… if you,  or someone you know,  are looking find a new home  to entertain in  …  please call me.  Alexandra and I would love to help make that happen … There are so  many wonderful homes on the market right now in Miami.  305 793-1365  Vicki Restivo [email protected]  … 305 632-0164 Alexandra Hechtman  [email protected]  Restivo/Hechtman  … Mother/Daughter Team at EWM Realty International.

We invite you to visit our website and Miami real estate blog:  www.MiamiRealEstateCafe.com

 

 

 

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