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Wynwood and the Design District…The Hotspots

 

Digital photo taken by Phillip Pessar

Digital photo taken by Phillip Pessar

The Real Deal, my favorite morning read, reports that the panel of real estate professionals who spoke at last week’s luncheon event presented by the Miami Association of Realtors and the Miami Beach Chamber of Commerce say the next hot spots for Miami-area real estate development include urban locations in and near downtown (not really NEWS if you look at the cranes and construction). Louis Birdman (Birdman real estate development) is most excited about Wynwood and the Miami Design District. Why? With shrinking amounts of beachfront property to develop, Birdman says inland development will be more prevalent. Panelist Harvey Hernandez says what we all know, “The hottest market by far is the downtown Miami area”.  Again, look at cranes and construction.

Digital photo taken by Marc Averette, 1800 N. Bayshore Drive

Digital photo taken by Marc Averette, 1800 N. Bayshore Drive

Not mentioned but worthy of it is one of my favorite neighborhoods: the Edgewater area, especially the corridor that dots Margaret Pace Park. The views are spectacular and will stay that way; access to expressways and downtown & Brickell is too simple; walkability to Publix, CVS, a manicure, dog grooming, banks, and the day-to-day needs is great, and The Daily is a GREAT place for lunch! Paramount Bay, Quantum on The Bay, Opera Tower, 1800 North Bayshore Drive, and the Cite are all winners over there.

 

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

Just Sold by Val Byrne in Pinecrest-by-the-Sea 13403 SW 58th Avenue

List Price: $1,185,000.00

4 Bedrooms | 4 Baths

www.13403sw58.com

In what seemed a blink of an eye this beautiful house sold!  I listed it while on summer vacation and by the time I arrived home there were 3 offers!  Buyers and Sellers were the most wonderful people to work with, and congratulations go out to them both!

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

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!

“After the game: NBA stars shoot for wins in real estate”

Credit: Steve Mitchell-USA TODAY Sports

Credit: Steve Mitchell-USA TODAY Sports

The Real Deal’s recent article, “After the game: NBA stars shoot for wins in real estate” captured a day in the off-season life of Luol Deng and 10 other NBA players who attended a symposium on real estate investing organized by the National Basketball Players Association (with guest speaker, Miami’s own Don Peebles).

Miami Heat players have traditionally invested in some serious local real estate with those investing in Coral Gables, Coconut Grove, and Pinecrest appreciating the ability to maintain a relatively low-key lifestyle (for local celebrities anyway).

Coconut Grove, Coral Gables, and Pinecrest have been home to a host of Heat players including Dwayne Wade (he began his career in Pinecrest), Alonzo Mourning (he migrated from Coconut Grove to Gables Estates, and is now settled in Pinecrest), Shane Battier, Ray Allen, Dan Majerle, Brian Grant (my all time fav), past and present coaches Eric Spoelstra and Pat Riley, and LeGone James, who’s bayfront home is under contract.

The beauty of these neighborhoods is that you can see these guys regularly at the Last Carrot, Greenstreet’s Cafe, MCycle, local gas stations, movie theaters, and even Food Spot, and no one blinks an eye (but I do stare sometimes).

Wouldn’t it be great if Luol Deng moved into the Grove, Gables, or Pinecrest!  I have the perfect place for him to call home:

Valaree-181 LeucadendraAerialBestcrop

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

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 at 305-323-6231. Val Byrne & Associates– Working For You!

Just Listed by Val Byrne! 13403 SW 58th Avenue Pinecrest, FL

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For the Buyer who wants it all!  Indulge yourself with this completely and beautifully updated home in Pinecrest’s premier gated community with 24-hour security, a community park, and the finest public and private schools moments away.  It’s the very definition of ‘turn key’!

Property Details:

4 Bedroom | 4 Bathroom

3,529 Adj. SF | 15,376 SF Lot

List Price: $1,185,000

www.13403sw58.com

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

Val Byrne Just Sold These Two Charmers in South Miami!

 

A2086811_901_12 7130 SW 55th Terrace in Bridgepoint

3 Bedrooms | 2.5 Baths

List Price:$458,495

62506250 SW 62nd Place

4 Bedrooms | 3 Baths

List Price: $510,000

Congratulations to the two lucky Buyers who’s perseverance and tenacity paid off!  The new Buyer in Bridgepoint spent almost two years looking for the right home, and that includes almost a half dozen offers we made on other properties in South Miami and Coral Gables!  The new owner of 6250 SW 62nd Place had a similar experience – we began the search in Coral Gables, Brickell, and the Edgewater area off Biscayne Boulevard in October 2014, and low and behold found just the right place many months later! It was worth the wait for both!

 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!

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 see 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