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Archive for the 'MIAMI REAL ESTATE' Category

Spectacular Waterfront Sunset Views …New Lakefront Listing For Sale in Gated Cutler Cay $550,000 Corporate Relocation

Amazing sunset …  beautiful lakefront home … breathtaking views.  CORPORATE RELOCATION just listed today .  GATED COMMUNITY.

We invite you to our first OPEN HOUSE  (open to Realtors/Brokers … as well as to the public):   Wednesday October 1 from 12:30-2:30pmcutler cay home

Waterfront …  2 story… Milan model… on Cutler Lake…  Quiet cul-de-sac.  Wide views of the lake.   Oversized backyard with wrought iron fence  …. Hurricane shutters… 5 bedrooms… 4 baths.  Vaulted ceilings. Updated kitchen. Crown moldings. New window treatments & light fixtures.  Freshly painted. Granite. Stainless steel appliances.  Formal dining room. Breakfast area. Snack bar. Dual staircases.  Master plus 3 other bedrooms upstairs.  (Master bath includes roman tub, separate shower, bidet and additional WC. ) Walk in closets.  Fifth bedroom is downstairs. Laundry room.  2 car garage.

RESORT-STYLE LIVING in EXCLUSIVE GUARD-GATED COMMUNITY of CUTLER CAY:   Clubhouse.  “4” Lit Tennis Courts. “2” Gyms. Full size Basketball Court. Heated Junior Olympic pool. Sauna. 24/7 Security Patrol. Full Amenities.

18862 SW 77 Ct, Cutler Bay Florida  …  List price: $550,000.00


For private showings or  any additional information contact us  at  either 305  793-1365 or 305 632-0164. The Restivo Hechtman Team at EWM Realty International.


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The Price of Real Estate Experience – WSJ says $25,000

“Can you put a price on experience? In real estate, you can. It is about $25,000 for the average house” according to one Wall Street Journal article.

The price of real estate experience  … and  the difference between a rookie and a seasoned real estate professional …  can mean a 12% higher home sales price on average.  

If you’re contemplating moving or relocating, we would be delighted to assist you … The Restivo Hechtman team will help you sell for the best terms possible … and we can refer you to other  top real estate experts elsewhere throughout  the world … whether you’re moving across country or internationally.

The Restivo Hechtman Team at EWM Realty, International

Vicki Restivo 305 793-1365 [email protected]

Alexandra Hechtman 305 632-0164 [email protected]

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Restivo Hechtman Report – Real Estate Market Update – Pinecrest – Second Quarter 2013

BASED ON CURRENT INVENTORY and CLOSED SALES IN PINECREST,   WE ARE IN LIMBO.  WE ARE NOT IN A BUYER’S  MARKET … NOR ARE WE IN  A SELLER’S MARKET )… We in what’s called a “NEUTRAL REAL ESTATE MARKET” … meaning that we  now have between 3-6 months of available inventory for sale:

Less than 3 months of inventory would put us in a seller’s market.

More than 6 months of inventory would move us into a buyer’s market.

And having 3-6 months of inventory places us in a neutral market.


In January 2013:    There were 6.3 months of available single family homes listed

By mid-August 2013:    Inventory was down to 2 months worth. Read the rest of this entry »

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Historic Coral Gables Home is a Work of Art … a European Masterpiece

Unless I’m at Vizcaya, I don’t often stumble across the kind of artistic European detailing that we saw yesterday … in a house listed for sale at 644 Altara Avenue.  The workmanship and details are unique …. a breath of fresh air.   Listed for $2,189,000 the asking price translates to $450.00 a square foot.

Price per square foot can be “sticky”… because…  with any piece of artwork,  value hinges on workmanship (and location) … not just on mere size comparison.

644 Altara Av Kitchen

This  3/3.5 historic 1925-built Gables home … is a veritable museum of ornately detailed workmanship  … an artisan’s masterpiece….full of handcarved woodwork, stained glass, mosaic tile, a wine cellar, high impact copper windows and doors, vaulted ceilings,  charming gardens and patios, pool, and a 1/1 guest house.

644 Altara Av Wine Cellar

This two story home is  listed listed by Remax.

I don’t often come across such exquisitely preserved homes in Miami … Historic homes are few and far between. They don’t get much ‘older’ than 1925  in South Florida.   And this one has the flair and warmth of the ‘old world’.

644 Altara Av Dining RoomIf you’d like to see this or others … please call ….   You are welcome to contact us by phone or email: Alexandra 305 632-0164 or Vicki 305 793-1365 …  Restivo Hechtman Team @ EWM Realty International  [email protected] .



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The Restivo Report: Miami Real Estate – Coral Gables – Price per Square Foot – 2013

The Restivo Report – Second quarter 2013 – Coral Gables:

“Single family homes  in Coral Gables are selling for $366.87 per square foot  (Average Sold Price) over the first and second quarters of 2013.

Most are selling within 5-10% of the original list price.

Homes valued below $1 million,  sold (on average)  for $242 per square foot as of January 2013 … The average sold price jumped to $297 per square foot in August 2013.

For homes priced between $1 – $2 million,  they sold (on average) for $323  per square foot back  in January.  As of August 2013 the average sold price reached $380 a square foot.

With inventory declining, Miami is seeing an upturn in competitive bidding.

Coral Gables had 5 months of available inventory (in August 2013)  …  7.5 months of available inventory in January 2013.”

If you are considering  buying or selling property in Miami, please give The Restivo Hechtman Team at EWM Realty Int’l a call 305 632-0164 or  305 793-1365   … We are ready to help you make the most of this market.

Alexandra Hechtman … [email protected]           –         Vicki Restivo …  [email protected]


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Matchmakers have plenty to work with in Miami – Real Estate

This past week’s broker’s opens in Miami showcased 3 rather unique and unusual properties…  Each have been  listed by top EWM colleagues of ours.  Nothing is cookie cutter about any one of them …  And since there’s plenty to spark one’s imagination … and since (as Realtors) we do play matchmaker, this week was fun.

Here are the three that caught our eye:

1) Listed for $1,795,000,   Leslie Jones and Margaret Del Valle have a 5 bedroom 3.5 bath New England Style estate on 4960 Sunset Drive which was built in 1938 … This one took me back in time. 4960 Sunset Dr It’s a 4,250 square feet house,  nestled into a builder’s acre, and  it abuts  Sunset Elementary school (to the east). This house is an historic canvas which could be turned into an masterpiece…  as grandiose  as one’s imagination might allow.

2) Priced virtually the same as the first house Read the rest of this entry »

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Miami Spice Culinary Experience – August and September 2013

Miami Spice  officially kicked off  last night.   From August 1 through September 30,  many of Miami’s top restaurants participate in what locals and visitors look forward to each summer in South Florida … a now-traditional summer dining-event known as “MIAMI SPICE”.

Typically, each participating restaurant offers their own ‘signature’ specials …  for a fixed price …  ‘ THE MIAMI SPICE PRICE’…

Dozens of restaurants showcase their own three-course  meals  (lunch $19 or $23 … dinner $33 or $39) …

It started in an effort to drive business (during the slower summer months), and has evolved into an annual two-month event.

Some of the restaurants have found the promotion worth  continuing even after it’s official ‘end’.

Here’s the link to the participating restaurants…  menus…. and more details on Miami Spice.

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Time to Buy a House is Now

This might well be the ideal time to buy.   Why ?

Interest rates are rising  … continuously.  They  are up a full point from recent  historic lows.

Home values have jumped, and continue to increase.

There is an undeniable shortage of  homes on the market,  and a lack of inventory for buyers to choose from.

The overall consensus  seems to forecast continuing  increases in  home values,  along with higher  mortgage rates.   That’s the general consensus and the prediction of not only the analysts and investment strategists, but of real estate experts,  economists,  as well as the news media.

The KCM Blog predicts a 12 – 32% increase in home values over the next 5 years.

Now might well be the right time to buy.  Appraisal values are coming in higher than in the recent past  … Properties are going under contract within days of being listed … Inventory continues to dwindle ….  We are seeing bidding wars, and homes selling for above list price.  I don’t think the experts are wrong.   In South Florida, the market has definitely turned, and buyers are scrambling.

We  would be happy to help you find the right home…  or help you sell yours.   Whether you’re  investing, finding a new home or a vacation home,  selling yours first,  downsizing  or relocating, we would be pleased to chat with you.  Call us any time … the Restivo/Hechtman Team at EWM Realty International  305 793-1365 Vicki Restivo  …  305 632-0164 Alexandra Hechtman

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Apartments for Rent in Florence, Italy … Tuscany


I’ve gotten a number of recent requests from friends and clients heading to Italy on vacation, asking where to stay (since Tuscany is our ‘second home’) .

Windows on Italy  is a website that  offers unique and truly remarkable apartment and villa rental options  (day/week/month)  in Tuscany  (the area of Chianti  and in and around Florence) …  as well as Rome, Venice, Milan, Sardinia and Lake Como.

Some apartments and villas showcased are magnificent and regal …  offering spectacular views and amazing settings  …  Some provide comforts and amenities that are beyond expectations …  Some have the benefit of convenience, location and charm….   And each of them are an nice alternative to booking a hotel room.

With summer semi-officially upon us,  I wanted to share this site with you …

I wish we were headed to Italy this summer …   For the most part we will be here in Miami …  If you (or someone you know)  are wanting to move to  South Florida and the tropics …  and looking to rent or buy here….  contact us any time  305 793-1365  …  Vicki Restivo and  305 632-0164 Alexandra Hechtman  –  EWM Realty International.  e-mail:  [email protected]


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It’s All in a Handshake … Buyer Seller Congrats!

Our wonderful sellers are off to their dream life in Costa Rica …  to enjoy the outdoors …  surf … and enjoy the carefree lifestyle they’ve been dreaming of.

They just SOLD their house, and handed over the keys to the new owners.

This photo was taken weeks ago.  The sellers emailed it to me  ….  minutes after I pulled out of the driveway,  following the  home inspections.  I haven’t seen a photo-op like this before:  Buyer and seller shaking hands at end of the inspections …

buyer seller handshake

It’s nice when  buyers and sellers can ‘connect’  before the actual closing date.

Buying and selling a house  isn’t  JUST a business transaction …

It’s VERY personal and  it’s sometimes emotional.

The seller is leaving with memories  as they close the door .  The buyer is opening the door to something new and unknown …  full of hopes and expectations.

I love this photo …

Thank you Beth, Facundo  and Lala  …  Selling your house was such an immense pleasure for me as your Realtor.  I’ve enjoyed every minute with your beautiful family  … loved working with you  and getting to know you … and  I wish you every happiness in the world.

Congratulations to you Sherrie, Roberto and Rio …   This unique and special house  is officially  your  “home”.    All my very best to you!

Wishing both families incredible happiness.  My warmest congratulations again.

Warmly, Vicki Restivo   and Alexandra Hechtman

EWM Realty   305 793-1365  [email protected]


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