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Luxury Homes Miami Category

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!

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!

 

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:

181_Leucadendra_Dr-27

 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!

Just Listed by Val Byrne! 5030 Davis Road Introducing “Casa Iluminada”

 

Back Exterior Evening with Pool

We’re calling this “Casa Iluminada” because of the phenomenal collaboration of glass, natural light, and soaring ceilings.  The home was built in 2008, and a gorgeous renovation took place in 2014.  This gated residence is bar none the epitome of luxury, sensibility, and comfort, and so are the separate guest house, gym, and housekeeper’s quarters! 

The finishes are exquisite, the Arclinea kitchen is over-the-top, the Brazilian Ipe solid wood floors are breathtaking, and the architectural nuances are fabulous.  Come see for yourself! Website and floor plan will be up shortly!

Property Details:

 • 7 Bedrooms | 7 Baths + 2 Half Baths

• 8,921 Adj. Square Feet / 39,204 Square Foot Lot

 • List Price: $5,495,000

 • www.CasaIluminada.com

Back Exterior PanoramaFront Exterior

EntranceDownstairs Family Room

 

 

 

 

 

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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!

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!

The Buzz on Condos in Coconut Grove! There’s Life Beyond Park Grove…

I have clients coming to Miami this month who want to buy a condo in Coconut Grove but can’t afford nor wait for Park Grove to be completed.  I adore Park Grove but we have to remember there is life beyond that site! Architectural styles change and building popularities ebb and flow, but panoramas of sunrise, sunset, Sailboat Bay, and downtown Miami remain constant. Where does one go when they want to be a condo-wheeling Grovite before 2016-17? 

Grovenor House

There are five properties for sale between $1.6 mil and $8.750 ranging from 1,750 sf to about 6,900 sf.  Ugo Colombo completed this majestic 32-story tower in 2006 and it still reigns in my eyes as the king of South Bayshore Drive.

Grovenor House, 2627 S. Bayshore Drive

Grovenor House, 2627 S. Bayshore Drive

Ritz Carlton Tower Residences & Executive Residences

The ‘Ritz’ is the benchmark for luxury and elegance and between the two Ritz Towers there are four units for sale between $970,000 and $2.350 mil, ranging in size from 1,560 sf to 4000 sf.

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Ritz Carlton Tower and Ritz Carlton Executive Residences, 3400 & 3350 SW 27th Avenue

Yacht Harbour

It was the bomb when it debuted in 1975 and this Ken Treister classic is still one of my favorites.  They just finished the 40 year re-certification at Yacht Harbour and with it came new balconies and a completely fresh face at poolside.  There are 4 great units available right now and 2 of them, in the coveted “A” line, have direct views of Sailboat Bay for $799,000 and $675,000.

View from Yacht Harbour, 2901 S. Bayshore Drive

Grove Isle

The views from Grove Isle are endless, and so is the resort lifestyle: hotel, spa, tennis courts, marina, and restaurant – it’s all grand on this private island. Between the 3 buildings there are 10 two and three bedroom units for sale right now between $675,000 and $1.45 mil.

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Grove Isle, 1, 2 & 3 Grove Isle Drive

Mutiny Hotel & Condo and Mutiny Park Sonesta Condominium

The Mutiny Hotel located at 2951 S. Bayshore Drive, and Mutiny Park Sonesta Condominium located at 2889 McFarlane Road have a diverse range of inventory beginning at $219,000 and reaching as high as $1.5mil. Both properties appeal to the Coconut Grove investor and periodic visitor who values the hotel/condo platform allowing short and long term visitors.

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The Mutiny Hotel & Condo, 2951 S. Bayshore Drive & Mutiny Park Sonesta Condominium, 2889 McFarlane Road

There are other fabulous buildings in the Grove to consider but there isn’t much for sale in them at the moment. Always on my radar are the Residences at Vizcaya, Grove Hill Tower, Beacon Harbour, Grove Towers, and Mayfair Lofts. Without a doubt, the selection of condominiums in Coconut Grove is as diverse and eclectic as the people who live there.

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!

How Does the Recent Waterfront Sale on North Bay Road Compare to Coral Gables and Coconut Grove Waterfront Property? Hmm…

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5840 North Bay Road, Miami Beach

A magnificent “builder’s acre” (37,895sf) on tony North Bay Road just closed for $15,250,000 (asking price $15,900,000, listed in February, 2014). What the Buyer will do with the existing 6 bedroom/5 bath home, circa 1929, remains to be seen but all are guessing that it is coming down. A Coral Gables-based family purchased the property which makes one ask what could they have purchased on the water in Coral Gables or Coconut Grove for a similar amount?

If you are out shopping for “waterfront” property in Coral Gables or Coconut Grove between $15,000,000 and $20,000,000 there are only six options; four in the Gables (two in Gables Estates, one in Cocoplum, one in Journey’s End), and two in the Grove (one in Entrada Estates and of course the uber cool nest LeGone James just left)

Only Lebron’s house at 3590 Crystal View Court, and 3575 Stewart Avenue in Entrada Estates have the sweeping Bay views that compare to the North Bay Road property, but it would certainly be desirable to live in Gables Estates, Cocoplum, or Journey’s End! Here is a snippet of what’s out there!

9151 arvida

9151 Arvida Lane, Coral Gables

9485 old cut

9485 Old Cutler Lane, Coral Gables

 

 

 

 

 

 

 

 

325 leuc

325 Leucadendra Drive, Coral Gables

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300 Costanera Road, Coral Gables

 

 

 

 

3575 stewart

3575 Stewart Avenue, Coconut Grove

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3590 Crystal View Court, Miami

 

 

 

 

 

 

 

 

 

 

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 – Working For You!