Miami real estate news and information

Archive for the 'GOOD DEALS & WHAT’S SELLING' Category

9365 SW 170 Ln – Palmetto Bay Home Reduced!

Newly reduced in Palmetto Bay is a  great 4 bedroom / 2 bathroom home featuring a pool with a waterslide. Trees overflowing with avocados. Adorable kitchen to build memories in. Located on a quiet cul-de-sac, this is a one of a kind home with charm and warmth. Perfect starter home and located in a multi-use neighborhood.

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Now listed at $261,000

Click here to see a brochure

To see this wonderful home or for any of your real estate needs,  call Alexandra Restivo at (305)632-0164 or Vicki Restivo at (305)793-1365.

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Palmetto Bay Home Listed for $799,000 is similar to one that sold in June for $830,000 with multiple offers


 If you missed out on this house, there’s a similar one for sale now in Palmetto Bay… bigger… and for less money.  The one pictured above, with 4,273 square feet of living space,  sold in June of 2008 for $830,000 on 8598 SW 168 Terrace… having multiple offers on it. 

Take a look at the home for sale below.  7469 SW 168 Terrace in Banyan Woods  is  a spacious  five bedroom home… SIMILAR  in many ways to the one pictured above … It’s listed for considerably less.  At $799,000  it’s the best priced property currently available  in Banyan Woods… on a corner lot …  walled  and gated! [slideshow=6] 

With  high ceilings throughout the living areas,  it is open and spacious… with a comfortable flow.  Double doors open to the foyer and  sunken living room… with views of the pool patio and garden beyond.   The  focal point of the family room  is the working marble  fireplace.  In the  kitchen there’s  a cook island,  in black granite, a snack counter and an eat-in area  by the bay windows looking out onto the pool.  A separate formal dining room  faces the front of the home … on a “circular cul-de-sac” .  Floors are a combination of tile and marble.  Listed for $799,000… 7469 SW 168th Terrace is a split five bedroom / four bath home :  with one bedroom separate and apart from the other four.  The private back yard is both walled and fenced, and jutts up against SW 168th Street.  It’s pristine pool,  and two separate, covered  patio areas are perfect for entertaining… with domed, screened-in  pool enclosure … removable kiddie safety pool-fence… an grassy area… and basketball court. 7469 SW 168th Terrace consists of 4,729 square feet  under air… a two car garage… and is located  just west of Old Cutler…  around the bend from the quaint Starbucks on Old Cutler… in Palmetto Bay… aptly dubbed the “Village of Parks”.  

Just the block,  7399 SW 168 Terrace  is listed for sale as well… the  identical model to this one… but with a rock fountain in the front, awnings… and a carport. 

For more information on living in  the Village of Palmetto Bay, contact Vicki and Alexandra Restivo, Luxury Home Marketing Specialists  with EWM Realtors, or visit  a comprehensive website for those considering making South Florida “home”!  We welcome your comments,  your questions… and of course, your referrals!

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Miami Hurricanes Basketball Game Gets Crowd On Their Feet

Coach Frank Haith surrounded by fans that swarmed the court

Coach Frank Haith surrounded by fans that swarmed the court

The Miami Hurricanes beat the Wake Forest Demon Deacons at the Bank United Center on Wednesday night. As the underdogs, the Hurricanes won and had the crowd of over 5,000 people up on their feet cheering on the team. President Donna Shalala and Miami Heat President and former coach Pat Riley were also in attendance as the Miami Hurricanes beat the Wake Forest team.

At half time, the Canes led 29-26 and played well in the second half, scoring 25-8 over the first 9:10 of the half. Senior Jack McClinton scored 14 consecutive points for the Canes and they led the entire second half. Adrian Thomas’  final 3-pointer sealed the score at 79-52 and fans rushed the court to celebrate the season high 32-points, the largest margin of victory over a top 10 opponent in the University of Miami’s history.

Lance Hurdle shoots a 3-pointer

Lance Hurdle shoots a 3-pointer

The Hurricanes won after a three-game losing streak at the start of a three-game stretch against Top 10 teams. The Canes will travel to North Carolina on Saturday to face off against No. 4 Duke and will play at home on Feb. 15 against No. 3 North Carolina. For more information on the Men’s Basketball Team, click here. LET’S GO CANES!

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Historic 1912 Coral Rock House for sale for $899,000 in Coral Gables

I stumbled across a 1912 Coral Rock house in Coral Gables, very near to the Grove, just off Ingraham Highway… currently listed for sale for $899,000.  Anyone looking for an historic property to restore should  take a look at this one.  It has been gutted, with beams now exposed, and previous plasterboard removed. Some of the work was begun by the previous owners …  including a few newer ‘picture’ windows.  The potential for this house hits you like lightning as you take your first glance inside.  Wandering through,  beneath the dust and (rather substantial) debris, what you can see of  the floors shows you that they are remarkable.  I spent an hour, trapsing through in awe, in spiked heals.  (Don’t! …   Wear flats instead!  You’ll appreciate the house all the more in appropriate attire.)  It’s fabulous… It’s NOT move in ready, or anywhere remotely close to that… and it’s not even livable at this point… but it has infinite potential to be beautiful beyond words.  Traditional,  historic Gables coral rock home: Small rooms. Low ceilings. It’s so typically a home from a century ago!  Even the garage has the feel of a carriage house.

On the grounds. toward the back of the property, are ruins of second coral rock house, and a shed.  Someone will make this property “grand” beyond words.  If you know of someone looking for a coral rock house, tell them about this one!  I think for what it is, and where it is, it’s a real find.  Apparently there are architectural plans for restoring it… but even a layman can see the potential.  Bring your own architect if you’d like.  (or…  I can recommend one)  For anyone looking to own or restore a coral rock house, this is a gem!  The address is on Ingraham Highway, but the entrance is not … The house has the feel of a very private villa, set well away from the road.  The lot is 15,561 square feet, and the two story house itself is listed as having 5,326 square feet . You’ll drive right by, missing it… truly… never noticing it, if you don’t keep your eyes peeled.  Again, the entrance is off the side street… not on Ingraham Highway… although the address is listed as 4395 Ingraham Highway, Coral Gables, Florida 33133.  Want a project?  This is going to be a home unlike anything anyone else has!   Believe me, it’s worth a glance.

Your comments on this, or other historic gems in Coral Gables are welcomed.   Call us for help finding, selling, or restoring coral rock homes in the Gables:  Vicki and Alexandra Restivo  –  EWM Realtors, Inc. – (305) 793-1365  or by email through [email protected] (website: )

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What’s Selling in Pinecrest ?

Five homes sold in Pinecrest over the past 3 months in the price range of $700,000 to $900,000. One sale stands out: In gated Arabesque, 11020 SW 77 Court Circle sold within three weeks for $850,000. Four bedrooms, three and a half baths, 3878 square feet of living space and a 15,084 square foot lot, it was listed for $879,800. High ceilings, turn key, appealing to the eye, in a private gated community, and offering Pinecrest’s sought-after public and private schools, it sold in the blink of an eye.

Of the other four closed recorded sales in the past three months in Pinecrest (each selling between $700,000 and $900,000) one was on the market for a year-and-a-half before it sold. On 3/4 of an acre (a 38,768 square foot lot) 6175 SW 133 Street sold for $800,000 (dramatically reduced from it’s original asking price of $1,250,000 a year and a half back).

It’s still very much a buyers’ market. Among the lowest priced listings in Pinecrest, and originally priced at $750,000 – 8395 SW 136 Street – is currently the lowest priced bank-owned property in Pinecrest, listed at $379,000. Four bedrooms. Two baths. From there, the list prices in Pinecrest soar upward, ranging all the way up to $6,999,000.

With some 250 homes currently listed for sale in the Village of Pinecrest, the majority are luxury properties… priced to sell at $750,000 and above…. and there are some good opportunities for those ready to buy. Certainly, this is a time where negotiation skills are key. But more importantly, recognizing a good deal when you see one, and not hesitating when you do, is key. It’s not always a matter of negotiating down a price, but often one of recognizing when you’ve found something you like, that is “priced right”… and jumping on it.

For any questions about Pinecrest, whether you are buying or considering moving, please call us. Vicki Restivo (305) 793-1365 or Alexandra Restivo (305) 632-0164.

Your comments are of course welcome below, as well.

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Palmetto Bay: Two BEST Home Deals of the past six months!

In the past six months, two homes were scooped up fast in Palmetto Bay. Both were phenomenal buys!

Only listed for THREE days, 7490 SW 148th sold for $755,000 in Tuscany Estates (October 29, 2008). Five bedrooms/three baths …and 4128 square feet… This buyer moved fast!

Another great deal, was this one:

Catch your breath:

Listed for only 44 days, this one sold for $590,000 (August 1, 2008): 8205 SW 184 Lane was listed for $638,969 (and sold for $590,000 …which comes out to $121 a square foot, for all 4,869 square feet of beauty this six bedroom, five bath home had to offer!) That is a steal!
Anything you’d like to know about property in Palmetto Bay, whether you’re buying or selling, please call us. Vicki Restivo (305) 793 1365 or Alexandra Restivo (305) 632 0164

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Best Priced Property on Ocean Drive!

Best Priced Waterfront Condo on Ocean Drive Sold in 10 days (Contract to Closing!)

I knew THIS was the  steal of the century,  as a weekend get-away or as an investment, either one!

WATERFRONT, on OCEAN DRIVE!  It was listed for $288,000  in the BENTLEY HOTEL…  with views of the ocean from the balcony!

What a find!

I told you it would get scooped up fast… and it did!

It sold for cash in 10 days!  Contract to closing.  And the buyer got it for $265,000  (That’s $464.91 sq ft)


501 Ocean Drive #401 Miami Beach, Florida… home to the elegantly quaint Bentley Hotel.  In the art deco section of Miami Beach…. waterfront … and beautiful …  this one bedroom the classy Boutique Hotel, The Bentley,  at at Fifth and Ocean… went for  $265,000 – cash .  Worth that (and more!)
Truly a steal!    A buyer’s market, indeed … but only if you move with lightning speed when you see something you want.   The really good properties tend to move fast … and this one was an absolute gem, and priced right!   For fabulous finds on Miami Beach, EWM Realtors, Vicki and Alexandra Restivo can guide you to the cream of the crop!

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Find the RIGHT Townhouse in Miami! Your quick “How-To” Guide

For a variety of reasons,  a townhouse or villa may be a plausible answer to ‘what’s next?’  Whether you want to lock-up and take-off for a well-deserved romp around the globe… or  eliminate  entirely the hassle of maintaining a large home ( and grounds!)…  both can offer you freedom, without catapulting you into  quarters of claustrophobically minimal dimensions.  If you’re looking for independence and elbow room …  and a condo seems a bit confining…  Read the rest of this entry »

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Lap of Luxury: Outdoor Terraces and Views of the Biltmore… As seen from 920 Sevilla’s Venetian Coral Gables Townhomes

Outdoor terraces & views of the Biltmore: A dusty bottle of Sassicaia from the wine cellar. Armagnac by the fireplace. A casual evening with Read the rest of this entry »

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Living in the North Quadrant of Coral Gables… in one of the most expensive zip codes in the United States

With homes in Coral Gables priced (for the most part) from the mid $300,000’s to $24,500,000  there’s a wide variety to choose from.  Those in the North Quardrant of the Gables, in the vicinity of the Biltmore Hotel, are priced upward of 5 million.  With views right over the Biltmore Golf Course, this one at 1415 Sevilla Avenue,  with a zip code of 33134,  is currently the top contender for the highest price tag, scheduled for completion in early 2009, and  priced at $5,495,000.
The Gables zip codes of 33134, 33143 and 33146 are among the priciest in the nation.
Coral Gables…. Tranquil, well-maintained, residential setting.  Green spaces.  Mature trees.  Quiet reflection, the sounds of the birds, aromatic caffe latte in hand. 
No interruptions.
Coral Gables….Steeped in historical beauty … Elegant, tropical backdrop with a distinctly European feel, and a vibrancy, uniquely it’s own.
The North Biltmore Quadrant is home to the historic Biltmore Hotel and Golfcourse…  an underground spring bubbling into what’s been, since 1924, The Venetian Pool, which, like the Biltmore, is on the National Registry of Historic Places.
While Coral Gables is a community of multimillion dollar residences,  growing exceedingly more cultured and more pedestrian, the Gables also offers more accessible price tags. This home on  412 Alminar lies within the 33134 zip code, and is  currently on the market for nearly half it’s sticker price it had two years ago.  Listed at $349,000:
412 Alminar in Coral Gables has both warmth and charm.
Art galleries nearby. Fine dining. Cultural events. Shopping and coffee houses.  Bookstores and boutiques. There’s home, there’s work, and there’s more… there’s  Coral Gables!  With homes from the mid $300,000’s to $24,500,000 perhaps this is the neighborhood for you.

For more information on living in Coral Gables, or elsewhere in Miami, call us.  Whether you are already here, or are looking to move here,  let us make your transition to a new home a good one.

From one end of the pendulum to the other, Coral Gables offers an array of residential styles, and there’s truly something for everyone.  We welcome any questions you might have.  Feel free to call.

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