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Just Listed by Valaree Byrne in South Miami 6435 Snapper Creek Drive (SW 85th Street)

 You might be reminded of ‘Old Florida’ when you meander about this property with it’s wide, shaded front porch, gleaming hardwood floors, and magnificent specimen of trees including Gumbo Limbo, Lignum Vitae, and a magnificent Royal Poinciana. This gracious home, built on one of very few half acres in the South Miami area, is ready for the next chapter with an updated kitchen, CGI impact-resistant windows and doors, vaulted ceilings, Spanish barrel tile roof, and a phenomenal resort-style pool & patio. Don’t miss it or the phenomenal neighborhood it’s located in!

Property Details:

5 Bedrooms | 3 Bathrooms

2,716 Adj. SF | 21,300 SF Lot

List Price: $1,220,000

http://6435snappercreek.com/

Learn more about real estate in South Miami, Coconut Grove, High Pines, Pinecrest, Ponce /Davis Estates, Coral Gables, and Palmetto Bay, by contacting Val Byrne & Associates at val@valbyrnerealtor.com or at 305-323-6231. Val Byrne – Working For You!

Just Sold by Valaree Byrne in Coconut Grove 4324 Lennox Drive

4324 Lennox Drive, Coconut Grove, FL

List Price: $1,295,000

I finally got to sell a home on my favorite street in Coconut Grove! For as long as I can remember I have coveted beautiful, winding Lennox Drive and the canopy of trees towering over it. This sweet home with an Old English flare and nautical influences was a shipbuilder’s cottage, built in 1936, and in my eyes is quintessential Grove.  I enjoyed working with the Buyers so much, and was over the moon to have found this jewel.  Congratulations to all!

To learn more about real estate in Coconut Grove, South Miami, High Pines, Ponce Davis Estates, Coral Gables, Pinecrest, and Palmetto Bay, contact Val Byrne & Associates at val@valbyrnerealtor.com or at 305-323-6231. Val Byrne – Working For You!

Insight 2016…The Mid-Year Update Is Here!

 

Our fearless leader, Ron Shuffield, has posted his mid-year real estate update for Miami-Dade and Broward counties.  Whether you watch the video or the online report, the data, facts, and trends he regularly provides us are a beacon light which guide EWM realtors and clients.  Ron not only presents clear pictures of activity in the luxury and non-luxury markets during the first half of 2016, he previews what lays ahead with cash buyers and their ‘pent up demand’ for real estate, foreign buyers and currency rates, and the most important gauge of our real estate market: levels of inventory and the pace at which they are moving.    Take 10-15 minutes and either watch or read Insight 2016 – you’ll be glad you did!

With 40%-50-% increases in luxury market inventory from June, 2105 through June, 2016 we can all take comfort in knowing that inventory levels appear to be leveling off.  At this point in time the luxury market appears to have 12-18 months of inventory, and by comparison the less-than-$1million price range has a healthier 6-9 months of product on hand.  My listings and sales in 2016 have predominantly been in the Coral Gables, Coconut Grove, South Miami, and Pinecrest neighborhoods, so I have graphed overall activity in both luxury and non-luxury market in those areas (see below).  As portrayed in the Insight 2016 report, after a steady climb over the past year, inventory levels do appear to have leveled off in April, May, and June.

 

Coral Gables

Coral Gables

Pinecrest

Pinecrest

Coconut Grove

Coconut Grove

South Miami

South Miami

This property was SO special the Buyers made the offer without ever having given the slightest thought to moving!  In a happenstance moment one Sunday afternoon the Buyers, who lived in the neighborhood many years ago, stopped by our open house with friends – partly to see the house that had been so talked about, and partly to say hi to their old friend.  From that point on the afternoon took on a life of it’s own; old friends rekindled, “Cool House” lived up to it’s nick name, and these wonderful Buyers who had not given a moment’s thought to moving from Pinecrest fell in love and are now my neighbors.  Congratulations to the most wonderful Buyers and Sellers.  Best of luck to all of you.

 

To learn more about real estate in South Miami,  High Pines, Ponce-Davis Estates, Coral Gables, Coconut Grove, Pinecrest, and Palmetto Bay, contact Val Byrne & Associates at val@valbyrnerealtor.com or at 305-323-6231. Val Byrne – Working For You!

Recently Sold by Valaree Byrne in South Miami 8598 SW 63rd Avenue

8598 SW 63rd Avenue, South Miami, FL

List Price: $1,639,000

2 Bedrooms | 3 Baths

This property was SO special the Buyers made the offer without ever having given the slightest thought to moving!  In a happenstance moment one Sunday afternoon the Buyers, who lived in the neighborhood many years ago, stopped by our open house with friends – partly to see the house that had been so talked about, and partly to say hi to their old friend.  From that point on the afternoon took on a life of it’s own; old friends rekindled, “Cool House” lived up to it’s nick name, and these wonderful Buyers who had not given a moment’s thought to moving from Pinecrest fell in love and are now my neighbors.  Congratulations to the most wonderful Buyers and Sellers.  Best of luck to all of you.

To learn more about real estate in South Miami,  High Pines, Ponce-Davis Estates, Coral Gables, Coconut Grove, Pinecrest, and Palmetto Bay, contact Val Byrne & Associates at val@valbyrnerealtor.com or at 305-323-6231. Val Byrne – Working For You!

Ocean Drive Magazine Makes a Poolside Splash at 181 Leucadendra Drive in Gables Estates!

Ocean Drive Leuca

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This week, Ocean Drive Magazine featured the spectacular infinity edge pool & outdoor living spaces at 181 Leucadendra Drive in Gables Estates.  To quote them in this feature story titled, “Miami Homes with Jaw-Dropping Pools to Stay Cool This Season ,”  “The open-air spaces at this Mediterranean estate rival the indoors” and anyone who has visited this exquisite property will agree!  181 Leucadendra Drive was the masterpiece creation of architect Cesar Molina, and we know Cesar Molina is the master creator of opulent, over-the-top outdoor living.  

Boasting 270′ of waterfront on Gables Estates widest lagoon adjacent to Biscayne Bay, anyone can see why this glorious setting was magazine worthy!  See for yourself in the pictures below and if you would like a private showing please call me!

 

181_Leucadendra_Dr-3

181_Leucadendra_Dr-7

Valaree-181 LeucadendraAerialBestcrop

twilight med res

 

To learn more about real estate in Coral Gables, Coconut Grove, Ponce Davis Estates, South Miami, High Pines, Pinecrest, and Palmetto Bay, contact Val Byrne & Associates at val@valbyrnerealtor.com or at 305-323-6231. Val Byrne – Working For You!

Recently Sold by Val Byrne in Coconut Grove 2975 Jackson Avenue aka ‘La Ponderosa’

Patrick Farrell  - Miami Herald file

Patrick Farrell – Miami Herald

Sadly, with the recent passing of Doug Burris, Coconut Grove’s infamous musician, party host, and the iconic leader of Miami Beach High School’s Rock Ensemble for over 40 years, came the inevitable sale of his house.   ‘La Ponderosa’ as it was affectionately called by many was not only home to Doug but home to generations of students, friends, and family who ADORED him (read the Miami Herald’s story about Carter Douglas Burris!).

51fRpx13B-L__SX346_BO1,204,203,200_It was one of my greatest privileges to know this phenomenal human being, who had a million dollar smile.  Shortly before Doug’s death from complications of a life with Multiple Sclerosis he published his autobiography, “Walk & Roll,” which I recommend everyone read! His story is nothing short of inspirational.

 

 

2975 Jackson Avenue, Coconut Grove, FL

List Price: $669,000

2 Bedrooms | 1 Baths

To learn more about real estate in Coconut Grove, High Pines, Ponce Davis Estates, South Miami, Coral Gables, Pinecrest, and Palmetto Bay, contact Val Byrne & Associates at val@valbyrnerealtor.com or at 305-323-6231. Val Byrne – Working For You!

Miami Ranks as World’s 7th Top Luxury Market in 2015!

Downtown Miami. Credit: Lonny Paul)

Downtown Miami. Credit: Lonny Paul

As reported in the Real Deal, Christie’s International Real Estate Luxury Index reports that Miami moved from ninth place in 2013 and 2014, to seventh place last year in the world’s top luxury property markets. That’s the good news…

The other side of that coin is the prediction that Miami will probably slip in its ranking in 2016. An increase in luxury inventory and slowing buyer demand is evident – I am seeing it; we are all seeing it. Ron Shuffield, President of EWM Realty International (and one of my favorite people in the world), a Christie’s Affiliate, quoted these stats to the Real Deal:

Single family homes priced over $1mil: inventory up 46% at the end of April 2016, compared to April 2015. Sales down 11 percent for same time period.

Condos priced over $1mi: inventory up 55% at the end of April 2016, compared to April 2015. Sales down 24 percent for the same time period. 

Ron told us back in our September 2015 office meeting that we would see a rebalancing of our values in the high end market, and we have. Since that forecast I have been particularly cautious and candid with Sellers on pricing luxury properties. My spectacular listing at 181 Leucadendra Drive in Gables Estates has been reduced from its original list price of $21,500,000 to its current list price of $17,900,000.  NOW IS THE TIME to buy this exceptional property with 270′ of water frontage! For more information and beautiful photographs visit www.181leucadendra.com and watch this aerial tour!

To learn more about real estate in Coral Gables, Coconut Grove, Ponce Davis Estates, South Miami, High Pines, Pinecrest, and Palmetto Bay, contact Val Byrne & Associates at val@valbyrnerealtor.com or at 305-323-6231. Val Byrne – Working For You!

The Five Cities Where Prime Property Prices Exploded the Most (and Miami is not one of them)!

Vancouver. TheRealDeal.com

Vancouver. TheRealDeal.com

The Real Deal reports that Vancouver (Canada), Shanghai (China), Sydney (Australia), Melbourne (Australia), and Cape Town (South Africa) are the top five cities where property prices have exploded the most. Let’s define Prime Residential Properties: the top 5% of the wider housing market in each city.

Shanghai. TheRealDeal.com

Shanghai. TheRealDeal.com

Put into perspective, prime prices in the top 35 cities increased an average of 3.6% in the twelve months prior to March, 2016, but the top five had prime price increases in the double digits! According to Knight Frank’s latest Prime Global Cities Index report the double digit growths were attributed to low supply and record-low interest rates.

For the curious, Miami was ranked number 14 with 3.8% growth (New York ranked #17; Los Angeles #10).

 

To learn more about real estate in Coral Gables, Coconut Grove, Ponce Davis Estates. South Miami, Pinecrest, & Palmetto Bay contact Val Byrne & Associates at val@valbyrnerealtor.com or at 305-323-6231. Val Byrne & Associates – Working For You!

Just Sold by Valaree Byrne in Coconut Grove 1644 Onaway Drive

1644 Onaway Drive, Coconut Grove, FL

List Price: $860,000

2 Bedrooms | 2 Baths

When I first visited this sweet home in the North Grove it reminded me of a watercolor painting of “Old Coconut Grove’ I’d seen at one of the art festivals.  It was love at first sight, and not only for me – I had more callers on this home than any other I have sold in the Grove! Built only a year after the 1925 incorporation of Coconut Grove (which was soon incorporated into the City of Miami), this house is the remarkable marriage of old world charm and bohemian elegance.  It was no surprise that we had multi-offers on the table the first week, and once again we could all say perseverance pays off.  Congratulations to the Seller and to the lucky Buyers!

To learn more about real estate in Coconut Grove, South Miami, High Pines, Ponce Davis Estates, Coral Gables, Pinecrest, and Palmetto Bay, contact Val Byrne & Associates at val@valbyrnerealtor.com or at 305-323-6231. Val Byrne – Working For You!

Just Sold By Valaree Byrne in Lychee Nut Grove 15225 SW 80th Avenue (Village of Palmetto Bay)

15225 SW 80th Avenue, Palmetto Bay, FL

List Price: $899,999

6 Bedrooms | 4 Baths

During our four-month search for a home in Pinecrest and Palmetto Bay we saw DOZENS of homes that weren’t quite the right fit, and these new comers to Miami needed to settle in ASAP. When we were frustrated and the Buyers’ spirits were low I would always say, “the perfect home is waiting for you” sometime in the near future.  When this fabulous home in Lychee Nut Grove near beautiful Coral Reef Park came on the market we were the very first in to see it (we went at breakneck speed).  From the moment we stepped into this shrine to the Florida Gators, I knew my seriously UM Hurricane family would be calling this home sweet home. Congratulations to all!

 To learn more about real estate in Palmetto Bay, Pinecrest, High Pines, Ponce Davis Estates, Coconut Grove, South Miami, and Coral Gables contact Val Byrne & Associates at val@valbyrnerealtor.com or at 305-323-6231. Val Byrne – Working For You!