Miami real estate news and information

Archive for the 'MIAMI’S TOP NEIGHBORHOODS' Category

Price Per Square Foot in Brickell

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Price Per Square Foot in Palmetto Bay on Single Family Homes

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Price Per Square Foot in Coral Gables on Single Family Homes

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Pinecrest Price Per Sqare Foot on Single Family Homes

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Midtown Miami … Exploding

Midtown, described as “a neighborhood that offers a contemporary interpretation of urban living and a lifestyle rich in the amenities and conveniences of city life … within an intimate artistic and culturally-enriched community”  is one of Miami’s new hot spots.

The developer of Midtown 2 and 4 considers the area to be “better priced than comparable buildings in Brickell and Downtown”.  He says “Midtown is experiencing uncharacteriscally high demand…  as residential real estate goes,  with high rental rates that are continuing to increase … and in some cases match rental prices in luxury buildings like the Icon Brickell.”

Midtown has seen exponential growth in a relatively short period of time …  residential and commercial.

As the brainchild of Midtown Equity Group, the Midtown community is referred to as the new SoHo of Miami, hosting Art Basel, and about to become  home to stores like Cartier, Prada, Ferragamo, Hermes, Louis Vuitton, all of which are moving from Bal Harbour and all slated to be going into a high end, pedestrian shopping center in the heart of Midtown. Read the rest of this entry »

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Inventory is Down … The tide is turning in Miami

Miami is spiraling downward …  with available inventory continuing to diminish.

Investors, international buyers, second home buyers, and people relocating to Miami for job opportunities have purchased the bulk of the excess inventory, making homes and condos considerably scarcer throughout much of South Florida.

The specific buyers who are most affected by Miami’s recent drop in inventory are the ones looking  in the mid price range.

The sellers who are listing and selling now seem to be quite serious about doing so.

There are fewer ‘tire-kickers’… fewer buyers “just looking”  …  The buyers who are out there are well-informed and eager to pounce on the opportunities.

If you are looking to buy or ready to move,  there are a number of good investment options in South Florida …   suburban neighborhoods with top schools … charming beach communities … trendy hot spots such as Brickell, Wynnwood, Midtown… well-established neighborhoods with single family homes … artsy, bohemian communities …

See more on Miami’s neighborhoods and what Miami has to offer on our website and blog MiamiRealEstateCafe.com

Feel free to call any time … 305 793-1365  The Restivo Team at EWM   … Vicki and Alexandra  [email protected]  We’d love to help you find your next home!

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Four Fillies House Available for Lease – 5 bedroom/5 bath for $5,900 in Pinecrest

There’s a shortage of  homes for lease  in Smathers Four Fillies …  and  … good news if you’re  looking to rent:   We just listed one!   Four Fillies in Pinecrest  is a fabulous place for incoming UM faculty  to live – with 32 acres of bucolic grounds, hammocks, walking trails, orchards, fields and tropical paradise surrounding you … all within  gated Four Fillies …  in Pinecrest with the public schools being among Pinecrest’s finest: Pinecrest Elementary, Palmetto Middle, and Palmetto Senior.   The community is deed restricted (even as rental property)  to UM faculty, and medical and research associates and doctors and faculty at U-Health and Jackson Memorial.

Our new listing is a  magnificent 5 bedroom home in Four Fillies …  $5,900 a month … entitling the resident to  use of all of the grounds, along with the community pool, clubhouse, gym, tennis court,  playground facilities.  Read the rest of this entry »

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UM Presidents House Sells for $9 Million

By Michael Vasquez  The Miami Herald
 
The Gables Estates home that has housed every University of Miami president since 1974 has been sold for $9 million, while the school puts the finishing touches on a new Pinecrest presidential residence.
 
This bayside home on Old Cutler Road has served as the residence of University of Miami presidents for more than 40 years. It sold last month for $9 million.

Courtesy of Esslinger-Wooten-Maxwell Realtors

The waterfront Coral Gables estate that has housed University of Miami presidents for more than a generation — hosting everyone from world leaders to bright-eyed college freshmen — has been sold.

The price: a cool $9 million. The buyer: New Yorker Maria Montalva, who listed a posh Upper East Side Fifth Avenue address on county sales records.
Montalva could not be reached for comment, while UM President Donna Shalala declined comment.

A local real estate blog written by Esslinger-Wooten-Maxwell Realtor Alexandra Restivo described the home, built in 1965, as boasting a “tropical ambiance,” 4.6 acres of lush gardens, and a prestigious Gables Estates address.

“Here’s a chance to own a rare piece of South Florida history,” wrote Restivo, whose firm, EWM, represented both buyer and seller in the transaction. Read the rest of this entry »

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Restivo Team Named Top 1/2 of 1% of Realtors Nationally

Thank you to each of OUR WONDERFUL buyers and sellers … and each of you who have referred the people you care about,  who are considering moving or relocating, to us.   You are the reason we are in the TOP 1/2  of  1%  Realtors Nationally.

 

We are honored to be recognized for our work … more honored still to have earned your trust …  in listing, selling and buying your homes and property through us.

Vicki & Alexandra Restivo – EWM’s Chairman’s Club –  Diamond Level 2011

Thank you again for your trust in us, and for your continued referrals of friends and family and neighbors.  We know you have choices … and we are honored to be your choice!    Vicki and Alexandra Restivo  305 793-1365  and 305 632-0164

EWM Top Producers Vicki & Alexandra Restivo

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Midtown Miami … Recreating the Look & Feel of New York’s SoHo & Meat Packing District

MIAMI’S MIDTOWN is starting to take on the look and feel of New York’s Meat Packing and SoHo Districts.  

Miami has a new  “fashionably-trendy” hot spot… offering walkability… a neighborhood feel … nightlife… shopping and dining … entertainment … art … and a vibrant interactive community in the areas of  MIDTOWN  and the MIAMI DESIGN DISTRICT.   Wynwood, Midtown and the Design District are all  pretty much adjacent to one another – each of them located  immediately north of Downtown Miami … and  within blocks of the “10 billion dollar mile”.  

A host of trendy new restaurants, new condo construction, shops and restaurants  have seemingly sprung up overnight in Midtown and the Design District …  With the Miami Art Festival  (and influx of art galleries, dining options and stores popping up)   Midtown planted itself on the map at the end of 2011 …  and made it the talk of Miami in a matter of a few months.

Condos in Midtown can be bought for around $200.00 a square foot … brand new…   and range in price from around $200,000.00 – upward . Read the rest of this entry »

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