Miami real estate news and information

Join us for a Palmetto Bay Open House

Stop by our Open House this Sunday, February 11 from 3-5 PM in Palmetto Bay. Located at 7740 SW 141 St, this 5 bedroom, 4 bath home features a separate guest cottage and wonderful outdoor entertaining spaces. Guest cottage boasts kitchenette, dining area, bedroom and bathroom – and it’s own private entrance from the screened in pool and patio area. The home features 3,176 square feet and is offered at $649,000.

Stop by and check out this Palmetto Bay pool home! Contact the Restivo Hechtman Team for more information or for a private showing.

 

To receive my blog posts directly to your inbox, click here to subscribe or here to make a comment

5 Reasons to Hire a Realtor

If you’re thinking of buying or selling a home, there’s plenty to think about. A real estate professional can make it easier to help navigate from start to finish. Here are five reasons you might want to hire a Realtor…

1. PAPERWORK – There are lots of rules, regulations and disclosures involved in a real estate transaction and it’s helpful to have someone on your team that knows the ins and outs and who’s able to look out for you. If you’re buying, we will gather all the information and prepare the offer, make sure there are no surprises in the contract and look out for your best interests. If you’re selling, we sift through any offers that come in and make sure you’re getting the best outcome for you.

2. EXPERIENCE – Working with a local realtor who has dealt with buying and selling homes in the area you want to buy or sell in is invaluable. You need someone who knows the area, understands the market, can navigate through unexpected surprises (yes-they happen), and who has a rapport with other realtors in the area. We have been part of the local Miami real estate community for over 15 years combined and are well versed in all there is to know and help you.

3. NEGOTIATIONS – This is a key factor in a real estate transaction. Of course, we help get the best price we can for you. What’s also important is having someone on your team who is able to help keep a transaction from falling apart after inspections or an appraisal. As Realtors, we do our best to ensure that you are able to sell or buy your home.

4. PRICING – A Realtor knows the value of local properties and we can help you establish a fair value when buying or selling a home. It’s important to get the most value for our buyers or sellers, based on the local market.

5. UNDERSTANDING MARKET CONDITIONS – The market is constantly changing. It’s helpful to have a professional who knows the market conditions and can easily explain them to you.

Many people won’t hire a Realtor because they think it benefits them in the long run. A Realtor is there to help you and to represent you. Often times, a Realtor can get you a better price and will also make sure there are no surprises in a contract or throughout the buying or selling process. The Restivo Team works diligently to take care of their clients and would love to chat with you about your needs. Contact the Restivo Hechtman Team today to get started.

 

Source of Chart: Keeping Current Matters

 

To receive my blog posts directly to your inbox, click here to subscribe or here to make a comment

Time to file for Homestead Exemption

If you moved within the last year, don’t forget to file for your Homestead Exemption.To qualify, you must be a US Citizen or Legal Resident, you must own the home and it must be your primary residence.

The deadline to apply is March 1, 2017 – don’t wait! Filing for the exemption will give you significant tax savings. Once you have the Exemption, it will be automatically renewed every year.

CLICK HERE for detailed instructions on filing.

If you have questions about filing, or are interested in selling or purchasing a home, contact the Restivo Hechtman Team today.

To receive my blog posts directly to your inbox, click here to subscribe or here to make a comment

Miami Beach Condo – Progressive Open House

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.


To receive my blog posts directly to your inbox, click here to subscribe or here to make a comment

Sunday Open Houses

Join the Restivo Hechtman Team for two Open Houses this Sunday, January 8.

 

7740 SW 141 St in Palmetto Bay

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

 

 

 

10651 SW 65 Ave in Pinecrest

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.

To receive my blog posts directly to your inbox, click here to subscribe or here to make a comment

Grove-Inspired Lifestyle in the Heart of Pinecrest

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.

 

 

To receive my blog posts directly to your inbox, click here to subscribe or here to make a comment

How Much Are Home Improvements Worth … According to Appraisers?

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

To receive my blog posts directly to your inbox, click here to subscribe or here to make a comment

Happy Thanksgiving

From our Family to yours… Happy Thanksgiving!

miami real estate

To receive my blog posts directly to your inbox, click here to subscribe or here to make a comment

SOLD for FULL PRICE in Pinecrest

img_5063The 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!

 

To receive my blog posts directly to your inbox, click here to subscribe or here to make a comment

Brokers Open at the Murano Grande

viewJoin 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.

 

murano-progressive-open

 

To receive my blog posts directly to your inbox, click here to subscribe or here to make a comment