Join the Restivo Hechtman Team for a Twilight Open House at the Murano Grande Condo on Miami Beach. Located at 400 Alton Rd, unit 1405 features 2 bedrooms and 2 baths, limestone floors and views of the city and the ocean. Stop by to preview this beautiful unit and see the others available in the building. Contact the Restivo Hechtman Team for more information.
Join the Restivo Hechtman Team for two Open Houses this Sunday, January 8.
Open 12-2 PM
This pool home features 5 bedrooms, 4 bathrooms and a guest cottage! The main home features 4 bedrooms, 3 bathrooms while the cottage is a 1/1 with it’s own kitchen, living room and dining room. Offered at $649,000
Open 3-5 PM
Grove-Inspired Lifestyle…in Pinecrest. Canopied by mature, manicured black-olive trees, along pathways through gardens filled with rare palms, exotic foliage & fruit trees, this 4 bedroom, 3.5 bath Pinecrest home combines modern updates along with an unrivaled tropical backdrop. Offered at $1,495,000
Stop by and check out these beautiful homes. Contact the Restivo Hechtman Team for more information or to schedule a private showing.
Savor Coconut Grove’s Lifestyle – but from this perfect Pinecrest address. Canopied by mature, manicured black-olive trees, along pathways through gardens filled with rare palms, exotic foliage & fruit trees, this 4 bedroom, 3.5 bath Pinecrest home combines modern updates along with an unrivaled tropical backdrop.
Ultimate privacy, unpretentious setting, unforgettable haven. Everything about this home will remind you of a time when authors & artists escaped to the Grove for inspiration and solace. Remodeled, restored & renovated, this house is unique beyond words. A new wing was added in 2000. New baths, a master suite & gourmet kitchen built in 2012, offering the elegance & efficiency you’d expect in the best homes.
Originally built in 1950 by John Koumjian, this is believed to be the one of the oldest post-World War II houses in the Village of Pinecrest & just 1 of 2 remaining houses made entirely of slump brick in the area. Magical backyard, anchored by a 50 x 20 foot swimming pool. Al fresco poolside grilling & dining.
If you’re looking for the quintessential Grove home (in Pinecrest) …you’ve found it. Inspired by the casual cool luxury of the Grove…with it’s lush tree canopy & screened outdoor areas…this acre property may be the perfect one for you.
Offered at $1,595,000. Check out the Visual Tour for complete photos and contact the Restivo Hechtman Team for more information and to schedule a private showing at any time.
Home buyers are willing to pay more for extra features/improvements/upgrades (such as a pool, a new roof, a tennis court) …. But how do appraisers value those improvements? The answers may surprise you. They surprised all of the Realtors in our offices!
After surveying Appraisers in South Florida, Philip G. Spool, ASA (Appraiser and General Magistrate) presented his findings to our weekly office meeting at EWM Realty International. (First though, he had each of us (all Realtors) participate in that survey… and it was eye-opening)
So …. what contributory values do appraisers give for ‘improvements” like impact glass, a new roof, landscaping, a new pool?
Here are the answers … (**For properties in Coral Gables, Pinecrest, Palmetto Bay and the surrounding areas):
ITEM & VALUE:
Additional full bathroom: $10,000
Additional half bathroom: $5,000
Open pool & patio (original age): $15,000 – $25,000
Open pool & patio (relatively new): $20,000 – $30,000
Additional value for screen: Zero – $5,000
Additional value for heated: Zero – $5,000
Impact glass windows: $15,000 – $25,000
Stand alone generator: $5,000 – $15,000
1 car vs 2 car garage: $10,000
Carport (1 car): $5,000
Tennis court: Zero – $15,000 (average is $10,000)
Fireplace: Zero – $5,000
Located on a canal: $10,000 – $20,000
Located on a lake: $25,000 – $50,000
Landscaping: Average is Zero Dollars
Driveway: Average is Zero Dollars
Roofing: Average is Zero Dollars (but it is reflected in the the “condition” of the property)
If you’re considering buying, selling or relocating, contact the Restivo Hechtman Team at EWM Realty International … call us.
We will help make your next move, the best move!
Vicki Restivo & Alexandra Hechtman – Top Producing Miami Realtors – 305 793-1365 [email protected]
Philip G. Spool, ASA, is a State-Certified General in Florida, appraising over 36 years. Formerly the Chief Appraisal of Flagler Federal Savings and Loan Association, he has been self-employed for the past 17 years. In addition to appraising, he is an instructor with Miami-Dade College, teaching beginning and advanced residential appraisal classes as well as continuing education. He can be reached at [email protected] or 305 235-2996. Phil Spool, ASA, was interviewed for this and other articles in MiamiRealEstateCafe by Vicki Restivo, Realtor, Esslinger Wooten Maxwell (EWM Realty International), whom you can contact here with any real estate related questions..
Additional Property Appraisal Insight Link
From our Family to yours… Happy Thanksgiving!
The Restivo Hechtman Team recently sold the listing at 6330 SW 107 St in Pinecrest. This magnificent estate features 6 bedrooms, 7.5 baths with 7,429 square feet. The 2 story home boasts a gated entry, high ceilings, working fireplace and chef’s kitchen.
Upstairs features master suite with private loggia and magnificent views of the yard/pool and a separate children’s wing with play area. The backyard is great for entertaining, with ambient lighting, pool, built in bar and covered terrace.
The 6330 SW 107 St sold for full asking price – $2,500,000. It was a pleasure to be part of such an amicable process between buyer and seller. Congratulations to our Sellers and we welcome the buyers to their new home!
If you are looking to sell your home or are in the market for a new one, contact the Restivo Hechtman Team…we will help you with every aspect of the process. We’re here to help YOU!
Join us for a Progressive Brokers Open at the Murano Grande on Miami Beach, located at 400 Alton Rd #1405. From 12-3 PM on November 15, there will be a few units available to preview in the building. Unit 1405 is 2 bedroom 2 bath unit with city views and ocean views as well. Unit features marble kitchen counter tops, warm 18×36 blue limestone floors, alpine snow quartz vanity top and Majorca limestone floors and walls in the master bathroom. It also comes equipped with designer light fixtures, frameless shower doors and impact glass windows and sliding doors.
The Murano Grande boasts luxury amenities such as a concierge, tennis court, spa and pool with views of the bay. You will enjoy being near the beach, nightlife, shops and restaurants. Don’t miss this opportunity to see a beautiful building and condos all at once. Contact the Restivo Hechtman Team for more information or to schedule a private showing if you are unable to make it to the Broker’s Open.
The morning after the election, our inbox was filled with inquiries from foreign investors, second home buyers and international clients, inquiring as to what the impact of the election of Trump as the 45th President of the United States might have on Real Estate Trends.
We wanted to share one email … along with our thoughts in response”
“Dear Vicki and Alexandra, Finally America has elected and has chosen the 45th President of America.
It was an amazing election that the whole world has followed and has held their breath.
We also have followed closely the American polls till the end and we witnessed the result very early in the morning in Asia.
We don’t know if it is good to have Donald Trump as a President but what we can say is that we wish America all the Best
It’s time to show to everybody the end of the establishment and the it’s legacy.
We hope the economy of America will be maintained, with stability and growth. God bless America!
We would also be grateful if you could give us your opinion about the consequences for the real estate in Miami. What trends do you foresee and expect?”
Ready to move into a new home but not sure where to start? Here’s a breakdown of the process from start to finish.
To start, enlist the services of a Realtor you trust and can rely on.
In working with buyers, we like to chat with you and find out what you’re looking for…location, size, design style, pool, yard, school preferences, gated community, and ideal price range. Once we have your ideal home in mind, we sort through the homes that fit your needs and we make appointments to view them with you. Once you narrow it down, we can go back for a second look and make an offer on the home you want.
We will present the offer to the selling side and negotiate the contract out on your behalf. When the terms are agreed to and the contract is fully executed, there will be an inspection of the home. During the inspection, an inspector will take a look at everything- plumbing, electric, structural, pests, mold- and give you a report. Depending on the results, you can continue moving forward with the purchase or move on to another home.
If you’re obtaining financing for the purchase, your application will be submitted very shortly after the contract is fully executed. The file will go to underwriting, where the bank will review your finances and qualify you for the loan. The bank will also order an appraisal of the property to determine the value of the home they are going to lend on. With a loan commitment in hand, you’re on the track to close.
There will be a survey, title and lien searches in order to provide clear title.
Once we have the clear to close, there will be a walk thru of the home to make sure everything is still the way it was agreed to in the contract and that appliances and any inclusions are in fact still at the property. Then…closing, where documents will be signed, title transferred to the buyers, funds transferred and keys exchanged. The home is yours!
The home buying process can be intimidating, but we can help you navigate through it smoothly, ultimately finding you your dream home. Don’t wait, contact the Restivo Hechtman Team today!