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Pinecrest Category

Luxury Rental Market On Fire in Coral Gables, Coconut Grove, Pinecrest, Palmetto Bay, & South Miami!

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13940 SW 73rd Avenue Just Rented

boxing_glovesAs summer winds down, the rental market continues to wind up! As if Back-to-School isn’t stressful enough; there are still so many families out there trying to settle down into a school district. Realtors are tripping over themselves to get through the front door, and know that we all have a signed offer in our big purses (no offense men).

The rental market has been really strong for the last 18 or so months, but there’s a new level of crazy out there right now. The ‘seasoned’ prospective renter (definition of ‘seasoned’ prospective renter is one who has made several offers) will tell you they have learned 2 tricks of the trade: 1) move at lightning speed; 2) do not offer less than asking price.

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7260 SW 105th Terrace Just Rented

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860 Jeronimo Drive Just Rented

 

 

 

 

 

 

 

I have secured homes this month for three foreign clients, and two of them took the home SITE UNSEEN! Truthfully, that’s almost as stressful for me as it is them but in today’s market a picture (or 20 of them) is worth a thousand words, and all three are arriving to beautiful homes in Coral Gables, Pinecrest, and Palmetto Bay.

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!

 

Just Listed For Sale by Val Byrne in Pine Vista South!

wonderfully proportioned home on acre +

Come see this sprawling ‘ponderosa’ in Pine Vista South; minutes to Suniland, Dadeland, & Baptist Hospital, but removed from the hustle and bustle. A long, stately driveway leads to impressive double-door entry and formal foyer; sunlight fills every room from there on. Expansive social spaces throughout the home allow for great entertaining, both indoor and outdoor. A lovely covered terrace, beautiful pool, and grand backyard await you to spend your summer days.

Property Details

5 Bedrooms/4 Baths

4,215 Adj. Square Feet/46,174 Square Foot Lot

List Price: $1,099,000

 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!

 

 

Just Sold by Valaree Byrne in Killian Estates! 11382 SW 95th Court

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List Price: 1,699,000.00

5 Bedrooms | 4 Baths

We closed this beautiful gated estate on a private street in lovely Killian estates after only being on the market a couple of weeks. Soaring coffered ceilings, elegant kitchen, and spectacular millwork set this home in a class by itself. The fountain, gardens, and pool were so wonderful I was sold the moment I drove up. Congratulations to the buyers and sellers!

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!

 

 

No Plans for 4th of July? I Can Help!

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This time of year always seems to sneak up on us! Miami is filled with beautiful venues to enjoy activities as we celebrate our independence in this great country. Although there are tons of options to choose from, I have three favorite spots where I like to enjoy this holiday with family and friends. First and foremost is Key Biscayne, this year celebrating its 55th July 4th parade at 11AM; local bands and homemade floats will parade down Crandon Boulevard with a large picnic held at the Village Green afterward. The Key Biscayne crew sets off a fantastic show of fireworks later in the evening; locals crowd the beach with their blankets and picnic baskets. If you are closer to the Coconut Grove/Coral Gables area and don’t feel like driving all the way to ‘the Key’, you can join thousands on the lawn of the Biltmore Hotel for their annual Coral Gables’ Fourth of July celebration. The event begins at 5PM with a concert at 7PM and a flawless show of fireworks following. If you’re feeling a bit more adventurous, head to 73rd and Collins Avenue on Miami Beach where they will be having live music and activities going on beginning at 2PM with their own fireworks show in the evening around 9PM.

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Miss Universe Celebrating July 4th at the Key Biscayne Parade in 1985!

If you lived at Cloisters on the Bay in coconut Grove, or Deering Bay in Coral Gables you would be able to watch spectacular fireworks shower over the Bay. If you are interested in being able to enjoy July 4th just steps away from your home next year, contact me about my listings in both communities!

Villa 1137 Cloisters on the Bay

Cloisters on the Bay Villa

Deering Bay Villa

Deering Bay Villa

 

 

 

 

 

 

 

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!

Going, Going, Gone…It Went That Fast!

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1110 S. Alhambra Circle | 3 Beds/3 Baths | 2,604 Adj. SF | Asking Price 1,150,00 OR $6,200/mo

On June 5th I listed this beautiful, sophisticated colonial-style home in Coral Gables (South Gables) for rent and for sale, and in a nanosecond it was under Contract! We started showing it on Friday and by nightfall Saturday we had multiple offers to buy it and to rent it.   I think the owners were so taken aback by the enthusiasm (and by the determination of some) that they decided to keep the property (we rented it at the asking price of $6,200).

That is a typical day in sunny Coral Gables in the rental and sales market! The inventory of luxury homes to rent is especially low, so these charming rental homes in Coral Gables are being snapped up about as quickly as they enter the market. It is the same situation in South Miami/High Pines, Coconut Grove, and Pinecrest too. In the last week or so luxury rental properties at 460 San Servando Avenue, 741 Santurce Avenue, and 700 San Esteban Avenue have come on the market in Coral Gables, and if I were to guess, they will be going, going, gone very shortly. Call me if you are interested in learning more!

751 Santurce Avenue | 3 Beds/3 Baths | 3,034 SF | $5,900/mo

751 Santurce Avenue | 3 Beds/3 Baths | 3,034 Adj. SF | $5,900/mo

460 San Servando Avenue - 4 Beds/2.5 Baths - 2,155 SF - $4,950/mo

460 San Servando Avenue | 4 Beds/2.5 Baths | 2,155 Adj. SF | $4,950/mo

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700 San Esteban Avenue | 3 Beds/2 Baths | 2,757 Adj. SF | $6,200/mo

 

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!

Just Listed For Rent in Village of Palmetto Bay 13940 SW 73rd Avenue

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The most discerning rental prospects will appreciate this beautifully updated home in north Palmetto Bay, only two blocks off Howard Drive, on a quiet, no traffic street.   It’s a sun-filled charmer recently renovated by current owners; located on a quiet no-traffic street, in a phenomenal neighborhood.

Dade County’s finest public and private schools are minutes away (Howard Drive Elementary, Palmetto Middle School and Palmetto Senior High School public school district). Parks, shopping, and the best restaurants are at your fingertips!

Property Details:

 • 4 Bedrooms / 2 Baths

• 3,330 Adj. Square Feet

 • List Price: $4,900/month

 • www.13940SW73.com

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!

Anyone For Tennis Or Golf?

I am often asked by prospective buyers and renters at Deering Bay if the list price includes access to all of the facilities. The answer is for the most part, no.  Deering Bay Yacht & Country Club offers a variety of equity and non-equity memberships giving access to its Arnold Palmer Golf Course, Har Tru clay tennis courts, Junior Olympic-sized pool, complete pro-shop, fitness studio and classes, world class dining facilities, and social events.   Equity memberships may be purchased by both Deering Bay residents and non-residents. All residents of Deering Bay enjoy the walking trails and sandy beach, and each of the five Condominiums and the Club Villas have their own swimming pool for residents to enjoy. deering-boats deering-bay

 

All equity and non-equity memberships include unlimited access to social events, world-class dining facility, Junior Olympic-sized resort pool, locker room, and fitness facilities.

Equity Memberships:Deering_Bay_Yacht_Country_Club_1_233662

  • Golf Membership: offers full, unlimited access to its Arnold Palmer Golf Course along with all other sporting facilities.
  • Tennis Membership: setup for non-golfers, offers very restricted golfing. Unlimited access to tennis courts and all other amenities.

Non-Equity Memberships:

  • Social Membership: provides no access to sporting facilities, all other amenities are available.
  • Summer Membership: (Memorial Day – November) offers unlimited access to all amenities. At the end of the trial, a portion of the fee can be applied to an equity membership if member wishes to do so. It’s a great way to test the waters!

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Deering Bay Courtyard

The Deering Bay community offers a variety of residences: high-rise condos (Verona, Milano, & Siena), mid-rise condos (Venice & Padua), Club Villas, and single-family estate homes.  My current listing at 13632 Deering Bay Drive is a corner-built Club Villa adjacent to Deering Bay’s world-class deep water marina. If ‘condo living’ doesn’t suit your lifestyle but you yearn for minimal-maintenance living, the Club Villas are a magnificent choice that you will be glad you made. At Deering Bay Club Villas you can enjoy the comforts of single family home lifestyle in a beautiful resort setting with Biscayne Bay a glimpse away. For more information click on the photos of 13632 Deering Bay 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 – Working For You!

 

What About Those “Diamonds in the Rough”?

Sometimes realtors describe a property as being a “diamond in the rough”; or maybe “a gem that needs polishing”; or a house that has “good bones”. The current buzz phrase is “classic mid-century”, which when translated often means a home built in the 1940’s-1960’s that may or may not have updates.

"BEFORE"   5900 SW 83rd STREET

“BEFORE” 5900 SW 83rd STREET

Some of those homes can be fabulous! Sure it takes time, money, and energy but many find it so rewarding! The markets that I specialize in: South Miami, Coral Gables, Coconut Grove, Pinecrest, & Palmetto Bay are low in ‘turn-key’ inventory, especially in the $500,000 – $1,250,000 range, so now might be the time to consider those properties which need some TLC!

"After"   5900 SW 83rd STREET

“AFTER” 5900 SW 83rd STREET

Try and separate the cosmetics from the fundamentals!  First and most importantly,  is the property in a neighborhood you desire? Does the property have the needed space, both inside and out? If not, can space be added? Is there good light? Is there room for a pool if you want to add one later? If the fundamentals are there, maybe you consider the ‘labor of love’route!

I recently sold the two homes in South Miami to Buyers who would have preferred ‘turnkey’, but they didn’t exist at the time or were unaffordable. Thank goodness they had vision! Both families are so happy with their decisions, and I have great neighbors!

 

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!

Miami’s Rental Market Madness!

In my 20-year real estate career in Coral Gables, Coconut Grove, South Miami, Pinecrest, Palmetto Bay, and the Brickell corridor I have NEVER seen so many for rent illustrationpeople looking to rent.  I’m predominantly a Buying and a Selling Agent in Miami’s luxury home market, but I’m well versed in the local rental market, and typically have 5-10 rental transactions per year.  That is until this year:  I’ve had 10 rental transactions and 5 current prospects, and it’s only April.  I’ve been preparing Leases from $2,000/month to $20,000/month, and I don’t see a slowdown. I’m finding this month that it will cost at least $2 per square foot to get a decently clean, updated single family home with a pool, and in Coral Gables many will have to pay that and skip the pool!

15 rental transactions in four months is so far out of the norm for me that I decided to stop and look at my own stats, as well as a those where I have been renting: Coral Gables, South Miami & High Pines, Palmetto Bay, Pinecrest, and Brickell.  Glaring at me are the number of new-comers to Miami just in my own chamber of business.  There are 10 renters from out-of-state that have moved for job reasons (5 of them physicians); all wanted to rent and scout before buying.  Only 1 is from out-of-the country which confirms what we already know: the “foreign investor” knows Miami is a safe bet; no need to rent and no time to fool around – prices are going up.   The remaining folks are locals renting while they build their new home or are in-between homes; and my favorite renters are an 88 and 95-year old married couple: they wanted a more simple, maintenance free lifestyle so they could relax (me too!).

 

Comparing Price PSF in Coral Gables, 2012-2014

Comparing Price Per Square Foot in Coral Gables, 2012-2014, For Properties Starting At $2,500/month, Minimum 3 Bedroom

Comparing Price Per Square Foot In Pinecrest, 2012-2014, For Properties Starting At $2,500/month, Minimum 3 Bedrooms.

Comparing Price Per Square Foot In Pinecrest, 2012-2014, For Properties Starting At $2,500/month, Minimum 3 Bedrooms.

Comparing Price Per Square Foot In South Miami, 2012-2014, For Properties Starting At $2,500/month, Minimum 3 Bedrooms

Comparing Price Per Square Foot In South Miami, 2012-2014, For Properties Starting At $2,500/month, Minimum 3 Bedrooms

Comparing Price Per Square Foot in Coconut Grove, 2012-2014 for Minimum 3 Bedrooms, $2,550/month and Higher

Comparing Price Per Square Foot In Coconut Grove, 2012-2014, For Properties Starting At $2,500/month, Minimum 3 bedrooms

Some Cool Chicks in Snapper Creek Lakes

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I walk through beautiful Snapper Creek Lakes from my home in South Miami a couple times a week: passing through Hammock Lakes Park, the Dade County Nursery (see my Dog Park blog), and often stopping by the Wayside Fruit Stand for a drink on the way home (my FITBIT tells me my route is about 12,000 steps). 

 This month I have been delighted by the Easter decorations at one of the homes on the Lake.  It’s not the first time they have decorated; I have been admiring their holiday decor for a long time, but last week I had to pull out my phone and snap some pictures. This takes “creative” to the highest level: coconuts, flowers, palm fronds, some paint, and abracadabra! It’s a spectacular spring display. 

Snapper Creek Lakes is one of my favorite communities in Coral Gables.  In this gated paradise peacocks roam wide, friendly streets where stunning homes sprawl out on one to one-and-a-half acre oak-studded properties; a sleepy marina and dock master oversee boat storage and activity, and Biscayne Bay is only a bridge away.  There are about eight homes for sale in Snapper Creek right now ranging from $3.2 million to almost $10 million, each an architectural specimen.  Right now my favorite is the old Pancoast property, where the “cool chicks” reside.

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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!