Miami Real Estate

If you’re in the market for a pre-construction home, check out Laguna House. It’s a new project being brought to the heart of Coral Gables, at 4220 Laguna Street. We recently had the opportunity to visit the showroom and see what it’s all about.

Laguna House will be made of just 13 residential units…12 units and one penthouse on the 10th floor. The building will feature 2 units per floor (with the exception of the penthouse) accessed with elevators opening directly into the unit, high energy efficient glass windows and doors, private balconies and summer kitchens, as well as a pool and sun deck on the 4th floor.  Interior features include custom Italian kitchens, imported floors and vanity tops in the bathrooms and a spa-like master bathroom. Each unit will feature open concept designs with a modern feel while still maintaining the integrity of the classic Coral Gables Mediterranean design.

The project is brought to you by the Rogers Development group- the group behind projects like One Village Place and Gables on the Green. Units will begin at 3,000 square feet, while the penthouse will be over 6,000 square feet. The ground floor will feature retail space as well. Average price per square foot is $732, with prices ranging from $1.9M – $3.2M (for the penthouse).

The building will be located next to Merrick Park which boasts shopping, dining and a new cinema currently under construction. It’s also centrally located with easy access to Coral Gables dining and shopping, an easy route to the airport, and not far from Coconut Grove, Pinecrest, Brickell and Miami Beach.

Construction will begin when 50% are under contract and they are close to that and ready to go. Contact the Restivo Hechtman Team today for more information and to set up a meeting to see the showroom. Even if you’re not looking for this project, we would still love to help!

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Don’t miss a chance to preview this wonderful Palmetto Bay Pool home. The main house features 4 bedrooms and 3 baths, while the separate guest cottage boasts 1 bedroom and 1 bath. The home features a beautiful swimming pool that can be seen from most rooms in the home. The cottage features a kitchen, living and dining area – perfect for guests or for whomever you choose!

Offered at $665,000, the home will be open on Sunday October 23 from 3-5 PM…Join us! If you can’t make the open house and would like to preview the home, contact the Restivo Hechtman Team for more information and to schedule a private showing.

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Unlike much of the country (which celebrates autumn’s seasonal changes with the more traditional apple picking and enjoyment of fall foliage),  Miami has our own special way of welcoming in the fall.

Miamians mark the start of OUR fall, effective  the day “Stone Crab Season” opens, and that was this weekend!

Officially underway as of October 15th…. Stone Crabs are back … and Joe’s Stone Crab is open again for business thru May 16 ( Joe’s  is an iconic Miami Beach restaurant, which started as literally just a shack  … in the same spot … and is now in it’s 103rd season):  Joe’s Stone Crab –  111 Washington Avenue – Miami Beach.

I’m sure the lines are exceptionally long, as ususal …  I know of many who will be waiting on line, but some of us will wait a few days before attempting entry.   It’s a fun way to welcome in the Fall, Miami Style.

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If you’re grappling with how to determine home value, based on SQUARE FOOTAGE,  you’re not alone.

One of the most frequently questions our clients ask us is “How does this property compare to that, as far as price is concerned, based on square footage?

Knowing what comparable properties are LISTED and SELL for, helps.  But sometimes the square footage is   “adjusted” … sometimes “total” …. and sometimes “living”.

Realtors make every effort to calculate property value based on “Adjusted Square Footage”  –  at least in Miami Dade.  It can be confusing though, because the tax rolls and the property appraiser’s office and the MLS often differ as to the information shown  …  (and sometimes the  is inaccurate) …  Sometimes “adjusted square footage” isn’t shown, but instead “living area” and/or “total area” is).

In  Miami Dade we tend to use “ADJUSTED SQUARE FOOTAGE” in the Multiple Listing System (the MLS).   Many of the other internet sites (Realtor.com, Zillow, Trulia, etc) feed from the MLS.

“Adjusted square foot” measurements combine ground floor interior spaces & living areas, along with a percentage of each of these: the second story,  the garage, & any covered patio/porch/carport areas.

THE BREAKDOWN FOR DETERMINING ADJUSTED SQUARE FOOTAGE IS:

100% –  main house under air (1st floor)

80% – main house under air (2nd floor) … And this is because second story construction only costs roughly 80% of that of the ground floor costs to build.

66%  – Florida room/enclosed patios or additions.

50% – garage … again based on construction costs relative to the building costs associated with the main house.

50% –  laundry room

33% – covered patios/porches with overhangs.

***Screen-covered pool areas would not  be included (unless they had a solid roof).

***Sheds are not included.

I hope this helps clarify adjusted square footage .  If you have other questions or want more information, please call us …  The Restivo Hechtman Team at EWM Realty Int’l  305 793-1365  305-632-0164

(Appraisals for loan purposes  … that is another topic …for another blog).

“LIVING AREA” (air conditioned)

“ADJUSTED” (a percentage of  various covered spaces)

” TOTAL AREA” (everything).

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The Restivo Hechtman Team recently represented the seller in the sale of 13918 SW 163 St.  This immaculate 4 bedroom 2 1/2 bathroom home  had multiple offers on in within the first few days.  Located near the Metro Zoo and Tamiami Airport and Air Force Base, this home sold within a week.

Features:  1,675 sq ft  …  2 story home … with a covered patio and fenced backyard… light & airy interior spaces … 4 bedrooms  upstairs … ceramic and wood floors throughout (with carpeting in the bedrooms).   “California Model” … No HOA.

We listed at $285,000 and it sold for $274,000, at $164 per sq ft.

Congratulations to our seller and a warm welcome to the buyers!

If you are interested in selling your home or are in the market for a new one, contact the Restivo Hechtman Team.  305 632-0164 or 305 793-1365  [email protected]

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Join the Restivo Hechtman Team this Sunday – October 9 – for two Pinecrest Open Houses, from 2-5 PM.

6330 SW 107 ST is a 6 bedroom, 7.5 bathroom home featuring lovely outdoor entertaining areas including a pool, covered patio and bbq. The home boasts a working fireplace, soaring ceilings, a separate children’s wing with play area and a private loggia off the upstairs master suite. Sophisticated elegance at it’s best.

10651 SW 65 Ave is a 4 bedroom, 3.5 bathroom home with grounds that rival Fairchild Tropical Gardens. The home has been remodeled and updated with impact windows and new bathrooms. There is also a magazine quality chefs kitchen that has been used in commercials. The updated home oozes charm and a the beauty of a classic Florida home.

Stop by and check out these beautiful homes from 2-5 PM. For more information or to schedule a private tour, contact the Restivo Hechtman Team.

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This 5 bedroom, 4 bathroom Palmetto Bay pool home features a separate guest house perfect for the guests you want staying with you but not under the same roof. The cottage boasts its own private entrance as well as living room, kitchenette, bedroom, bathroom and dining area. Screened in pool and patio make a great space for entertaining and enjoying the outdoor Miami lifestyle.

7740 SW 141 St is offered at $665,000. For more information, contact the Restivo Hechtman Team. If you’re looking to buy or sell in Palmetto Bay, call us today.

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Moving day is exciting and hectic all wrapped into one. You’ll have many many boxes filled with your belongings and they probably won’t be unpacked on the first day. Why not have a box set aside with the essentials that you’ll need immediately upon move in? Here are some suggestions…

• Cleaning supplies
• Toilet paper
• Paper towels
• Sponges
• Big outdoor trash bags
• Paper plates, cups & utensils
• Scissors
• Snacks (food & drink)
• A set of towels & sheets
• Bathroom toiletries

Make getting settled in your new home easier by using this list to pack a go to box when you walk thru the door. If you’re looking for a home or want to sell yours, contact the Restivo Hechtman Team today. We would love to be a part of your adventure.

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This beautiful home is a 4 bedroom, 4 bathroom home is a masterpiece. Remodeled and updated, the home features a magazine quality chef’s kitchen that’s been used in commercials.

The grounds rival Fairchild Tropical Gardens and are home to exotic palms, black olive, clusia, 30+ varieties of tropical palms and 12+ varieties of fruit trees, including avocado, mango, lychee, guava and citrus trees.

There is also a large pool (20 x 50 ft) as well as a hot tub, screened patio and shaded pathways throughout the grounds.

The home was built in 1950 and is believed to be the oldest post WWII house and only 1 0f 2 remaining homes in the Village of Pinecrest made entirely of slump brick.

10651 SW 65 Avenue is offered at $1,595,000.

Contact the Restivo Hechtman Team from more information and to schedule a private showing.

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FREE … and Open Every Sunday…  all year long …. from 9am to 2pm ….  PINECREST GARDENS FARMER’S MARKET

Small locally owned and operated businesses and local farmers open for business under the tree canopy of Pinecrest Gardens – at 11000 Red Road for what has become a Sunday morning tradition for many of us.  Fun place to wander and shop for goodies.

What’s for sale?   Organic fruits and vegetables, specialty artisan breads (ZTB … Zak the Baker),  locally grown organic produce, herbs, plants & trees, fresh flowers, orchids, spices, teas, coffees, eggs, tropical fruit smoothies, gourmet specialties, prepared foods (barbeque and pizza cooked there), cheeses, meats, olives, granola, candles, gift items.

One more reason that Pinecrest is such a desirable place to live, work and play!  Feels like a pinch of Europe, right here in Pinecrest.

Thinking about moving here?  Call us … We can make that happen!   The Restivo Hechtman Team at EWM Realty International  305 793-1365  -or-  305 632-0164

[email protected]

Our Blog: MiamiRealEstateCafe.com

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