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Every Picture Tells a Story…Inside the Boom and Outside 181 Leucadendra Drive.

Inside Miami Picture

Last week the Miami Herald Business Monday ran a phenomenal story relaying the outcome of an anonymous survey of 105 top real estate professionals and their opinions about the current Miami Real Estate Market.

A couple of the ‘players’ spoke on-the-record, and it’s no surprise one of them was EWM’s President, Ron Shuffield, who is undoubtedly the backbone behind the “Best Brokerage” as voted by real estate watchers in the same poll. (BTW, it is an absolute honor and pleasure to work for EWM Realty International). Before I name a few of the highlights and opinions noted in that article I need to point out the backdrop in Ron’s picture. Yes, the Miami Herald interviewed Ron at 181 Leucadendra Drive in Gables Estates, a beautiful residence I recently listed.  If you would like more information about that property or would like to more pictures please visit www.181leucadendra.com or call me for an appointment to see this magnificent property (Alan Potamkin’s recently listed home at 1 Casuarina Concourse is pretty magnificent too).

181_Leucadendra_Dr-4Ron ShuffieldSome highlights from last week’s Business Monday feature story:

  •70% of industry professionals think residential home values will continue to rise over the next year (at a slower rate).

  •72% of industry professionals do not believe Miami real estate is in another ‘bubble’.

  •Buyers want homes within walking distance of restaurants and shops, and people are making their home buying decisions based on the traffic.

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

New Luxury Home on the Market in Gables Estates for $67,000,000!

1 Casuarina Concourse in Gables Estates

1 Casuarina Concourse in Gables Estates

 

Another uber luxurious home went on the market in Gables Estates yesterday: 1 Casuarina Concourse made it’s official debut at $67,000,000.  It’s officially the highest priced home in Gables Estates, followed by 110 Arvida Parkway which is listed at $35,000,000, and my recent listing at 181 Leucadendra Drive which is offered at $22,500,000. 

Currently owned and built by Alan Potamkin in 2000, the Casuarina home boasts 20,862 square feet, and 937 feet of water frontage on over three acres.  I’ve been to the house on a couple of occasions and of course it is over-the-top beautiful, but the stand-out feature to me are the most magnificent collection of trees on the property.

181 Leucadendra Drive in Gables Estates

181 Leucadendra Drive in Gables Estates

For the luxury Buyer not ready to shell out $67,000,000 my listing at 181 Leucadendra is a stand-out gorgeous home of nearly 15,000 square feet (total sf is 17,500), and 270 feet of water frontage on over an acre of prime property. It is one of architect Cesar Molina’s greatest accomplishments.

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

Just Listed by Val Byrne! 3016 Alhambra Circle Coral Gables, FL

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The year was 1926 – Coral Gables was newly incorporated, the Biltmore Hotel had its inaugural ceremony, and the University of Miami enrolled its first class. Also created in 1926, 3016 Alhambra Circle not only shares the history of the ‘City Beautiful’ – like Coral Gables, this beautiful, regal, Old Spanish-style grand dame has gotten better!

Property Details:

5 Bedroom & 5 Bathroom Main House | 2 Room & 1 Bath In-Law Quarter Over Garage

5,494 Adj. SF | 14,737 SF Lot

List Price: $2,200,000

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

“Setting the Stage”

I am a steadfast fan of staging an empty home when it’s for sale.  Why? Because the difference between a “house” and a “home” is invaluable, especially in Miami’s very competitive, fast-moving real estate market.  A home with artwork, floral arrangements, beautiful  furnishings and accessories, and area rugs will engage Buyers – more so than a blank palette.  The collaboration of a gifted ‘stager’, knowledgeable realtor, and motivated Seller will render the highest and best sale in the shortest amount of time.

Cloisters on the Bay "Before"

Cloisters on the Bay, Villa #1137 “Before”

 

Cloisters on the Bay Villa #1137, "After"

Cloisters on the Bay “After”

Recently, I had the ever so talented Jenny McCloskey stage homes that I had for sale in Cloisters on the Bay in Coconut Grove (3471 Main Highway), and another in Coral Gables.  Both homes looked magnificent when completed and both sold shortly after being staged (and the Buyers asked if they could purchase some of the interior decorations!).

I am so excited to have another gorgeous home for sale that we will be staging next week!  5030 Davis Road (SW 80th Street) will get that touch of the magic wand that Jenny waves…wait till you see the “before” and  “after” pictures!  Casa Iluminada has attracted a lot of attention with it’s magnificent walls of glass, European kitchen,, Brazilian walnut floors, and amazing finishes.  Stay tuned for the finale!

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

Who Sells the Most Million Dollar Residences?

Million

Once again EWM Realty International ranks #1 in the number of homes sold over $1,000,000 in Miami-Dade and Broward Counties. With $417,320,000 in sales of million dollar+ homes in the first quarter of 2015 Buyers and Sellers have chosen EWM over the competition! Bringing it down to a more simple reality, EWM Realtors sold a home in the $1mil+ range every 15 hours! I consider myself fortunate to be in such good company.

All indications of sales and pending sales in the neighborhoods I specialize in – Coral Gables, South Miami, Coconut Grove, Ponce/Davis corridor, Pinecrest, and Palmetto Bay – are pointing in the same direction for the second quarter!   If I were to predict which $1,000,000+ properties I have listed were going to sell this quarter I would bank on these timeless, outstanding residences:

181 Leucadendra Drive With 270' of Glorious Waterfrontage

181 Leucadendra Drive, Coral Gables | List Price: $22,500,000 | www.181Leucadendra.com

Back Exterior Panorama

5030 Davis Road, Ponce-Davis Estates | List Price: $5,495,000 | www.CasaIluminada.com

wonderful pool and patio for entertaining

11205 SW 93rd Court, Baptist Hospital Corridor | List Price: $1,099,000 | www.11205SW93.com

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

Come Have Lunch on Leucadendra!

181 Leucadendra Drive With 270' of Glorious Waterfrontage   www.181Leucadendra.com

181 Leucadendra Drive With 270′ of Glorious Water Frontage www.181.Leucadendra.com

Val Byrne & Associates and The Zeder Team are opening up two magnificent homes in Gables Estates on Wednesday, April 15th, between 12:30 and 2:30.  Sandwiches and refreshments will be served at 485 Leucadendra Drive, and then hop on over for a yummy dessert and more refreshments at 181 Leucadendra Drive. See you there!!

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

 

What Can You Buy in Coral Gables Under $500,000?

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I spend A LOT of time looking at real estate with young physician candidates at Miami Children’s Hospital (now Nicklaus Children’s Hospital). Last year alone I met and toured Miami with 15-20 of them!

Most of them have just completed or are nearly finished their Fellowships and are looking to ‘lay down some roots’ so to speak. Many have found the time to research the area; just about all of those inquire about Coral Gables. Why? It’s close to the hospital, it’s beautiful, and the city has a proper name that is easily ‘Googled’, unlike much of the Unincorporated Dade County neighborhoods surrounding the area.

Miami-Childrens-HospitalIf buying, most want to stay under $500,000 which isn’t such a bountiful price range in the Gables. I introduce them to wonderful Schenley Park which is where the hospital is located, as well as the neighborhoods between Coral Way (SW 24th Street) and Miller Road (SW 56th Street), along the corridor of Red Road. Parts of this lay in City of South Miami, and parts in Unincorporated Dade County. All a five minute drive to the hospital.

Back to Coral Gables….there are some beautiful condominium communities in the Miracle Mile and business district areas. 55 Merrick Place and Ten Aragon are wonderful, as well as the cluster of buildings on Ponce de Leon Boulevard, north of Miracle Mile. As for single family homes there is not so much! There are only eight 3 bedroom homes for sale under $500,000 right now. My favorite is the one I have listed at 841 Columbus Boulevard of course!! It’s has charming front and back front porches, warm wood floors, updated kitchen and baths, and is located on one of the most beautiful streets in the north Gables!

841 Columbus Boulevard List Price: $495,000

 

1212 Mariana Avenue List Price: $499,000

801 Trascoro Avenue

801 Trascoro Avenue List Price: $499,000

 

 

 

 

 

 

821 El Rado Street

821 El Rado Street List Price: $485,000

1000 Pizarro Street List Price: $435,000

 

 

 

 

 

 

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

From the Horse’s Mouth…Latest Scoop on the Main Highway Drainage Project!

Miami-Dade-County-LogoCoconut Grove is buzzing with projects! Besides the new and beautiful Park Grove and Grove at Grand Bay Towers there are many ‘works in progress':  Regatta Park & surrounding plans,  Save the Coconut Grove Playhouse, Commodore Plaza sidewalk beautification, CocoWalk revival, and of course new commercial ownerships and proposed site plans all over the Grove.

Very large and intensely discussed on the list is the Stormwater Drainage Improvement Project on Main Highway.  That’s Dade County’s child, not the City of Miami’s, and there isn’t any voting about it – it’s a must, it will be messy until completed, and progress is sometimes painful.  We barely live above sea level,  and proper drainage is a must. City of Miami Commissioner Marc Sarnoff was kind enough to issue a letter to the community with the facts (as the County presented them).

misc_floodThere is an ocean of information in his letter (see below), complete with site maps, but in a nutshell beginning in June and for approximately seven months (ha ha)  there will be a retrofitting of the existing drainage system along Main Highway between Royal Road and McFarlane Road.  Main Highway will be one lane only moving in the north direction, and Grand Avenue will essentially be the route out for southbound traffic. Ouch.

Just thinking about it gives parents dropping off at St. Hugh’s, Ransom, Carrollton, and Plymouth Congregational Pre-School some serious anxiety, but this too shall pass!  Many moons ago I worked in Miami Lakes and the commute was really, really painful.  My father’s advice? Turn up the radio and enjoy the ride.

 

The Insider Scoop on the Main Highway Drainage Project

We have received a large volume of emails and phone calls regarding the upcoming Miami-Dade County Stormwater Drainage Improvement Project on Main Highway. With the many rumors and gossip that have been circulating throughout the community, we wanted to present the plans as they have been presented to us by the County. Hopefully this clears up any misunderstanding about the project and its intention.The project is slated to begin in June of 2015 and will retrofit the existing drainage system that has failed due to age and been compromised by tree root intrusion. As you can see in the diagram below, the project stretches from Royal Road to MacFarlane Road and will take 7 months to complete. Miami-Dade County officials have told us that the project was actually going to start earlier. However, it was pushed to June to prepare those frequenting the schools on Main Highway for the incoming traffic congestion when the new year school year begins and to allow for the completion of the Southwest 27th Avenue Project.

With a project of this magnitude, there are bound to be many community concerns. The first is obviously traffic. Undeniably, this will narrow one of the most used streets in this community, especially for drop off and pick up during the school year. Traffic will be one-way, heading North, and southbound traffic will have to be rerouted down Grand Avenue to Douglas Road. See the below illustration for a visual representation.

Another concern for the community and this office has been the removal of trees along this signature corridor in Coconut Grove. We have been told by the County that NO trees will be removed during this project. This project only addresses the stormwater drainage system underneath the street. Additionally, the City has requested that a bike lane be striped on the side of the street, removing the commodore trail from the sidewalk.Another concern we have heard from residents is that the County project is to add sewage lines for up-and-coming high-rise development down Main Highway. This was also answered in the negative by Alejandro Barrios, the Miami-Dade County project manager. This project is EXCLUSIVELY for retrofitting an outdated stormwater drainage system. Additionally, nowhere in Miami-Dade County do stormwater drainage pipes run next to sewage pipes.If you have any additional questions about the project itself, feel free to reach out to Alejandro Barrios, or Francisco Gonzalez at the Stormwater Drainage Design Section of Miami-Dade County, and they will help you. Please call 305-375-4772.As always, if you have questions or concerns that you’d like to share with our office, you can always call us at (305) 250-5333 or email me at msarnoff@miamigov.com.

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

Recently Listed by Val Byrne in Gables Estates 181 Leucadendra Drive

Preferred

Designed by Cesar Molina and Jodel Narcisse, and inspired by the Vanderbilt mansion on Fisher Island, this exquisite Mediterranean hacienda on the premier lagoon in Gables Estates, reigns as one of the most magnificent homes in this guarded community in Coral Gables along Biscayne Bay.   A main house designed to follow the arc of the property and lagoon, two carriage houses, and a two-bedroom service house form the perimeter of a gracious courtyard of European scale.  270′ feet of water frontage (only a moment to the Bay) are flanked by gorgeous terraces, porticos, and a gazebo for opulent outdoor living.  This is truly an exceptional estate.

Property Details:

 • 7 Bedrooms | 7.5 Baths

• 14,946 Adj. Square Feet | 48,274 Square Foot Lot | 270′ Water Frontage

 • List Price: $22,500,000

www.181Leucadendra.com

Aerial Tour

 




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

Hey Chris, Why Don’t You Ask Lebron Why He Chose To Live Coconut Grove?

lebron

If you haven’t read “Why Won’t Anyone Buy LeBron James’ Miami House?”, click the link and be as amused as I was. The director of luxury sales for a respected real estate company explains why LeBron’s house hasn’t sold in 6 months. In David Letterman-style I’ll name the reasons in reverse, and save the best for last:

Lebron James

 

“LeBron’s $17 million mansion won’t sell because…”

6) It’s not in the ideal ideal location (yes, ‘ideal’ is used twice).

5) People spending this kind of money are not impressed by who owns it.

4) It’s hard to find someone who will write a $17 million check.

3) The Grove is too residential so you’re not going to get the big baller-type rollers.

2) Big money tends to gravitate to Miami Beach.

1) LeBron James’ home is in the Coconut Grove neighborhood.

Do you think he checked that story out with LeBron? Do you think Chris has been to Coconut Grove? LeBron could have lived anywhere in Miami, and I know of a half dozen houses in Miami that were considered, but legendary ex-Miami Heat player #6 chose 3590 Crystal View Court because it IS the ideal location, and it IS in the ideal neighborhood. I won’t bother to go into the reasons why, and I wouldn’t be foolish enough to knock Miami Beach because I LOVE it.

Next week I am listing 181 Leucadendra Drive in Gables Estates for $22,500,000. It’s an ideal neighborhood where plenty of “big baller-type rollers” live under the radar, and $17 million is what the last land parcel sold for! Here’s a preview:

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