Miami real estate news and information

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

University Housing for Qualified UM Faculty Members (Four Fillies – Pinecrest)

University of Miami qualified faculty members and medical affiliates can take advantage of an exclusive opportunity to live in the lush enclave of  Four Fillies Farm, private university housing  in the Pinecrest school district,  donated to the University by philanthropist and longtime trustee Frank Smathers Jr.  

Four Fillies

Four Fillies Farm consists of 30 newly constructed villas built on 11 acres in the center of the bucolic 32-acre Smathers Estate located between Red Road  (SW 57th Avenue) and Old Cutler, in Pinecrest.  The additional 21 acres of surrounding grounds, rare plant life, extensive fruit groves and  natural hammock are maintained by Fairchild Tropical Botanic Garden.  Gated, private, and  adjacent to the marina, this university setting is home to UM faculty and recruits.  Walking trails, swimming pool and hot tub, tennis court,  playground, workout room and clubhouse, privately gated Four Fillies offers acres of  tranquility.  Developed by MAMCO and designed and built by Breakstone,   Four Fillies has preserved, very much intact,  the natural environment of the estate… designing  the entire community in and around existing tropical plants and trees. 

Quality-built by internationally renown Breakstone,  most of the villas have already been sold, and are lived in.  A handful of homes are available.  All are GREEN CERTIFIED by the Florida Green Building Coalition, and  expected to perform 20-30% better on average than  the Florida Energy Code,  which should  provide significant savings. 

Current  and future qualified UM recruits and faculty can apply their SAM Program Incentives to any property in Four Fillies Farm. 

The homes currently available  are two-story,  4-5 bedrooms,  priced at $1,145,000 – $1, 595,00 (with a particularly lovely 5 bedroom available for $1,400.000.00)… Every home in Four Fillies offers a guaranteed buy-back program from the University, advantageous for buyers, as it encourages and enables highly competitive loan options from lenders. 

Located near Fairchild Tropical Botanic Gardens, and near Pinecrest Gardens (with it’s state of the art Community Center, library, classes, village greens), and near Matheson Hammock Park (with boating facilities, lagoon beach, biking trails), Four Fillies is located within Pinecrest’s highly desirable school district (Pinecrest Elementary, Palmetto Middle and Palmetto Senior High).

There are several floor plans.  EWM Realtors has a beautiful two-story home in listed in Four Fillies,  at the end of Smathers Road, elegant with high ceilings… flowing open living areas and a lush expanse of  back yard ‘orchard’,  priced at $1,400,000.00   It’s a regal property at the southern edge of Four Fillies,  5-bedrooms with a 2-car garage.   The entirety of  Four Fillies was previously available solely through MAMCO , the asset company for the University of Miami.  EWM Realtors can now assist you  with any of  homes available in Four Fillies, now that construction is complete. Smathers Four Fillies homes are not listed through the MLS,  as they are deed restricted to University of Miami qualified faculty members.  For additional information, or to see  any Four Fillies properties, contact  either Vicki  Restivo at 305 793-1365  or Alexandra Restivo at 305 632-0164.

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Stunning Apartment For Sale Near Dadeland

 This gorgeous 2 bedroom, 1 bathroom apartment has been newly remodeled to perfection. The unit features a wet bar, tile floors and a kitchen with granite counters. The apartment provides views of the canal and an outdoor terrace complete with tile floors.

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The Village at Dadeland Condo features a swimming pool, tennis and raquetball courts. Conveniently located at 7345 SW 82 Av # C118 – near Dadeland Mall and the University of Miami – this unit is ready to move into.

 Click here to see a brochure!


For this or any real estate needs, contact Alexandra and Vicki Restivo.

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Brickell Living At It’s Best…Live in the NeoVertika

Located in the heart of Brickell, this contemporary unit in the NeoVertika has much to offer. Enjoy stunning views of Downtown and the Miami River from your double balcony. Dazzle your guests in this trendy New York-Style building with a Miami twist. Neovertika

The unit has 1 bedroom and one bath overlooking the river and boasts fabulous city views. The building features a rooftop pool, an impressive gym and a volcanic rock sauna.

Click here for a brochure. Contact Alexandra Restivo at 305.632.0164 to see this great unit or for any of your real estate needs.

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Live In Coral Gables at 625 Biltmore Way

This beautiful 14th floor apartment is located in Gables Plaza Condo and  features views to the ocean. Great location near Downtown Coral Gables puts you close to shopping and dining. The 1 bedroom 1 bathroom apartment has an extra room that could be used as a second bedroom. The building boasts a pool, jacuzzi and sauna plus 24-hour security with a doorman.

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Unit 1404 is listed at $260,000 and is ready for you to move into!

Click here to see a brochure.

Contact Alexandra Restivo at (305)632-0164 or Vicki Restivo at (305)793-1365 to view this unit or for any of your real estate needs.

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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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