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What’s the Ruckus About at Grove Isle?

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Grove Isle is suffering some growing pains – literally! Those beautiful 20 or so acres with the most glorious views include three residential towers (Grove Isle 1, 2, and 3), club and hotel facilities including two restaurants, and recreational facilities.

What many non-residents don’t know is that about seven of those acres, which include the club, spa, and hotel, are privately owned by developer Eduardo Avila and a group of investors. Developer’s plans of course by the very nature of the word “developer” are to redevelop it. Residents of the island naturally are in opposition – especially residents of Grove Isle 3 who are adjacent to the proposed project. Enter Preserve Grove Isle activist group vs. Eduardo Avila. khj

I love Grove Isle! I am a frequent patron at Baleen’s and Gibraltar restaurants, which are in the heart of the brouhaha. Grove Isle has some of the most spectacular views in all of Miami, but I think yes, the facilities are tired. Whether a renovation or a “redevelopment” are in store – an improvement will be an improvement for everyone, residents included (you do not have to be a resident on the island to enjoy some of their facilities). That said, I’m a realtor who often works in Grove Isle and it can be ‘deal kill’ to look out the tall glass window or stand on a balcony with endless views and disclose to Buyer the impending project and its potential effects. Can you imagine being a Seller who’s values could decline over this? Or the Grove Isle residents who frequent the current facilities which could be removed or deflated during construction years (although recent court decisions provide that temporary club facilities and amenities must be made available)?

Grove Isle Residents and Eduardo Avila will need to find mutual ground. He undoubtedly owns the land and will be able to redevelop it so it is imperative that they work to solve each other’s needs. The Miami Herald wrote a great article last week on the project – be sure to read it!

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

EWM Realty International Is Once Again Dade & Broward Counties’ #1 Brokerage!

EWM-Top-Broker---Color-Ad-07.23.15

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

Bem Vindo…Bienvenida…Welcome to Miami!

For the 12th consecutive month the Miami Association of Realtors notes Brazilians having the highest number of searches for local real estate on their website. During the month of May the heaviest search volume was followed by Colombians, Canadians, Venezuelans, and lastly, Argentinians. I will agree with those statistics, and add one country: Mexico!

The luxury properties I have listed in Coral Gables and the Ponce & Davis Roads neighborhoods have been most frequently visited this summer by families from Brazil, Venezuela, Colombia, and Mexico. If you are looking for a luxury home in Miami consider one of my current listings, and stay tuned in the next couple weeks for more!

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

The Collection Residences in Coral Gables, FL

4. Lobby Front View

Last week I attended a broker’s brunch and sneak preview of  The Collection Residences, which is a gorgeous residential development on the horizon in Coral Gables. As you would guess The Collection Residences will be adjacent to the world-class Collection automobile showrooms and the Village of Merrick Park. That’s a lot of luxury!

The Collection Residences are the collaborative efforts of Ugo Colombo and Masoud Shojaee (CMC Group and Shoma Group respectively),  with Massimo Iosa Ghini, Duany Plater-Zyberk, and Arquitectonica leading the design team.  The 10-story building will have 126 units that range from 1120sf to 6144sf; prices will begin at $650,000 for one bedroom units, $1,200,000 and $2,000,000ish for two and three bedroom units, and the four bedroom / 6,144sf penthouses residences will begin around $5,700,000.

One of the coolest features of The Collection Residences is that the first floor level will be comprised of 14 beautiful townhomes which have mixed use zoning, so one can operate an office or retail space, have signage if desired, and off-street parking available to clients.   Imagine being a designer, clothier, or professional living and working in the same environment!  That’s genius!

16. Townhome View

Plans call for reservations to begin this fall, ground breaking to begin next spring (2016), and completion is expected in the winter of 2017.  Floor plans are attached for you to peruse, and if you would like more information or a tour of the show room please call me!

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

Rentals Gone Wild for Val Byrne & Associates!

May was one of the busiest leasing months I have seen since last year about this time, and we have more slated for June and July. Vanessa Kayes, who is newer to our real estate team, had a ‘baptism by fire’ so to speak in the rental market, and more specifically the condo rental market which is not easy to navigate because of Association applications and the broad spectrum of pet rules.

In the last five weeks Vanessa represented Tenants who settled into Grove Isle, Grovenor House, Icon, Gables Waterway Towers, and Gables Harbour. There are so many beautiful condominium communities which have rental availability in the different neighborhoods in Miami – we probably looked at 15 different buildings across Coral Gables, Coconut Grove, Mary Brickell Village, Downtown Miami, Edgewater, Midtown and Miami Beach before our clients settled into their temporary nests. Made us yearn for the maintenance-free life of the urban dweller – the views are spectacular.

Gables Harbour | 6901 Edgewater

Gables Harbour | 6901 Edgewater Drive

Gables Waterway | 90 Edgewater Drive

Gables Waterway | 90 Edgewater Drive

 

 

 

 

 

 

 

 

Grovenor House | 2627 S. Bayshore Drive

Grovenor House | 2627 S. Bayshore Drive

Icon Brickell | 475 Brickell Avenue

Icon Brickell | 475 Brickell Avenue

 

 

 

 

 

 

 

 

Grove Isle | 1 Grove Isle Drive

Grove Isle | 1 Grove Isle Drive

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

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!

Trader Joe’s in Edgewater?

traderThe Edgewater area has blossomed within the past few years into a wonderful pedestrian friendly community. Centrally located, Edgewater is just north of Brickell and Downtown Miami, south of the beautiful Design District and Midtown, and a short drive away from Miami Beach, Coral Gables, and Coconut Grove. Many companies have been fighting for a retail spot in the area. The Real Deal reports, “Developer Fifteen Group has recently unveiled plans to renovate the historic First Church of Christ,” leading to the speculation that Trader Joe’s could be a prospective tenant. The square footage and location match within Trader Joe’s criteria. Publix, located a block away on 17th and Biscayne Boulevard, opened up in 2012 and became one of the busiest stores within the chain in no time. I’m sure Edgewater residents would be thrilled to welcome another grocery store to their community, a little competition is always good!

Paraiso-Bay-01

Paraiso Bay Project, 600 NE 31st Street

So many exciting new projects underway for Edgewater it’s hard to keep track! The foundation for the first tower at Paraiso Bay has just been poured by Related Group, almost a month after receiving their $93 million construction loan for the four tower luxury complex. The complex will host 1,300 residences, each with Bay views, private elevator and foyer, 9 foot ceilings and large balconies. The Related Group also plans on extending the project by creating a luscious waterfront park open to the public.  I have to ask, can any park be as  beautiful as Margaret Pace Park?  That gorgeous, dog-friendly, expansive park along Biscayne Bay in front of 1800 Club, Quantum on the Bay, Cite, and Paramount is one-of-a-kind, and will be hard to beat.  Love it!

margpace

Margaret Pace Park, along N. Bayshore Drive between 17th and 19th

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

 

 

All Eyes Are On Miami!

EWM

Did everyone read last week’s Business Monday cover story about Miami being a leading luxury capital of the world?   It was a WOW moment for Miami where we were defined as “a cosmopolitan playground for the world’s wealthy,” “the American Riviera,” and “a magnet for capital and people from all over the world.” To put it in perspective Miami is:

  • No. 7 of 10 top markets globally according to Wealth Report real estate
  • No. 9 of 10 in luxury real estate markets according to Christie’s International Real Estate (Cote d’ Azur, London and Miami are the world’s most popular second homes)
  • No. 9 globally and No. 2 in the United States in sales of Krug Champagne
  • No. 1 globally in sales of Vilebrequin swimwear
  • No. 2 in the United State in sales of Audemars Piguet watches
  • Way the heck up there in world-wide sales of Breguet watches, Ferragamo shoes & accessories, Burgess Yachts, and Maserati cars

So those are some light-shedding statistics on this great city that I have called home all of my life and sold real estate in for 20+ years (specializing in Coral Gables, Coconut Grove, South Miami, Pinecrest, & Palmetto Bay). The most amazing characteristic of Miami is how resilient we are, and how quickly we recovered from the ‘dark days’ which were darkest in 2007 & 2008. By 2009-2010 we were well on our way to recovery, and 2014 was a record year for real estate sales in both luxury ($1mil+) and non-luxury real estate markets.

You can track the inventory and sales of luxury and non-luxury real estate in Miami for the last 12 years on the two graphs below (click on graph for enlargement):

Over 1 Mil

All

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