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Recently Sold By Valaree Byrne in South Miami! 6051 SW 85th Street

6051 SW 85th Exterior-3 car email

List Price: $1,519,000

I have new neighbors! Just sold this beautiful home next door to my own in South Miami and am so excited (3 more boys on my basketball court!). The Buyers are going to come to love this slice of paradise just behind Dante Fascell Park as much my family has over the years.

At first they will cringe when their children beg to play in the street like the other kids, but soon they will embrace it. They will learn when the next hurricane blows through that being without power is not so bad – the block parties on 85th Street are a lot of fun and go on all night. It will only take one Halloween to realize they need 15 times the amount of candy they bought because more than a hundred little hands will be reaching in the bin, and after 9pm the big teenage hands reach in.

I will let them know about the adorable elderly lady across the street, Dorita, who loves small children and loves watching them for you! She is my favorite neighbor.

Property Website

To learn more about South Miami or any other community – including Coral Gables, Coconut Grove, Pinecrest and Palmetto Bay, contact Val Byrne with EWM Realty International on www.MiamiRealEstateWorks.com or email at [email protected] or by phone at 305-323-6231. Val Byrne – Working For You!

Attention Artists, Nature Lovers, and the Eclectic at Heart!

There are a couple of really neat homes that recently came on the market in South Miami –quite out of the ordinary, and each so special. I would venture to say I am on Sunset Drive between Cocoplum Circle and Galloway Avenue a couple dozen times per week and know just about every square inch of it, but when Piper Rothan listed 6811 Sunset Drive a couple of weeks ago I might as well have been a lost tourist. Never had I noticed the jewel that lay behind those gates! At the end of a long driveway, far from the road, is one of the few vintage coral rock homes in Miami (circa 1929) – beautifully updated, perfectly expanded, and magazine worthy. I will say no more – let the pictures tell the story!

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Just across Sunset Drive in the Dante Fascell Park area, practically in my own backyard , Riley Smith listed a very cool, Coconut Grove-y home at 5980 SW 81st Street. It’s one of the very few homes in South Miami with a guest house AND a garage (and a 3-car garage to boot), and plenty of room for both (a lush half-acre). It’s one of those homes that you want to open the windows, turn Pandora on, and read a book. Again, let the pictures tell the story!

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To learn more about South Miami or any other community – including Coral Gables, Coconut Grove, Pinecrest and Palmetto Bay, contact Val Byrne with EWM Realty International on www.MiamiRealEstateWorks.com or email at [email protected] or by phone at 305-323-6231. Val Byrne – Working For You!

Have You Seen Tom Smith’s Exhibit at First National Bank of South Miami?

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I love South Miami, and not just because I live and work there (I have sold nearly 100 properties in South Miami).  This past Friday night I was reminded of what a great town our ‘home town’ is.  Came home from a long day mostly spent in and out of my car (aka a realtor’s office), was famished, and wanted to get outside.  My husband and I decided to walk to Shula’s 347 – we could eat, drink, bump into friends, and watch the Heat game – the perfect night.

SoMiAquaLge

On the way over we noticed the camaraderie going on at First National Bank of South Miami (yes, home to my personal and business accounts) and stopped in for the “First Friday of the Month” art exhibit in their Wirtz Gallery.  Jackpot! We found ourselves in the midst of local artist (and I mean really local – he lives a few blocks away in High Pines) Tom Smith’s dynamic fine art photography display.  Fixed on various mediums including canvas and glass, he captures the subtle, quiet beauty of the Everglades and its interesting creatures and indigenous plant life, Matheson Hammock, and my favorite collection – the Aqua Series:  remarkably beautiful blue and green hues of water and turtle grass.  It was a wonderful night of fine art, good wine, and great friends.

Seems like half the party left the Gallery and found their way to Shula’s…typical South Miami!

Tom Smith, Mary Scott Russell (President South Miami Chamber of Commerce), Elizabeth Kuehner-Smith, Veronica Flores (Executive VP FNBSM), and Bruce W. MacArthur (Chairman of the Board FNBSM)

Tom Smith, Mary Scott Russell (President South Miami Chamber of Commerce), Elizabeth Kuehner-Smith, Veronica Flores (Executive VP FNBSM), and Bruce W. MacArthur (Chairman of the Board FNBSM)

Veronica B. Flores (Executive VP FNBSM), Tom and Valaree Byrne

Veronica B. Flores (Executive VP FNBSM), Tom and Valaree Byrne

To learn more about South Miami or any other community – including Coral Gables, Coconut Grove, Pinecrest and Palmetto Bay, contact Val Byrne with EWM Realty International on www.MiamiRealEstateWorks.com or email at [email protected] or by phone at 305-323-6231. Val Byrne – Working For You!

 

Home Inspections: The Devil’s Workshop?

home

I have been with Buyers and Sellers at three different property inspections this month (Coral Gables, South Miami, Palmetto Bay), and although I would consider myself well “seasoned” at this stage of home buying, I often come through the process bewildered and scratching my head. Grand total for these first 11 days in March, not including the laundry list of items that will keep a handy man in business, we have come across a roof that need needs replacing, lots of leaks, termites (can’t get away from them in Florida!), leaking shower pans, damaged floors, faulty windows, and the list goes on and on.

A licensed home inspector will check the areas of plumbing, roof, appliances, air conditioning,electrical, doors and windows; they will give an opinion on structural soundness and pool functionality too. A Buyer may also want to have a mold inspection and have the septic tank/drain field checked (unless sewer system is used), and some will even have home checked for radon and lead-based paint.

The most important things to remember are not to lose focus of the ‘BIG PICTURE’, take time to step into the other parties shoes and EMPATHIZE, and then be the most RATIONAL person you can be in making decisions! It is also extremely important to read (not skim) the PROPERTY DISCLOSURE (and be accurate in completing a Property Disclosure), and know some facts before you negotiate your price! If a Seller tells you the roof was replaced after Hurricane Andrew and is fine, then know that probably that non-leaking roof is about 23 years old! Don’t be surprised if the inspector tells you a new roof may be in order in the not-so-distant future (and know what your insurer will require)!

These homes have a lot of moving parts – there is no such thing as a perfect inspection report. Look equally at the strengths and weaknesses, the cures that are necessary (and unnecessary), and try and work it out! That’s what brought Buyer and Seller together in the first place!

inspection

To learn more about South Miami or any other community – including Coral Gables, Coconut Grove, Pinecrest and Palmetto Bay, contact Val Byrne with EWM Realty International on www.MiamiRealEstateWorks.com or email at [email protected] or by phone at 305-323-6231. Val Byrne – Working For You!

 

It’s Tax Time! Did You Know…

 

Tax Time

Did you know merely owning a home could mean you qualify for tax breaks?

1. On a mortgage of up to $1 million, you can deduct the interest that you pay at settlement if you itemize your deductions on Schedule A (Form 1040). 

2. Did you pay points in order to obtain your home mortgage? These fees can be deducted as long as they are associated with the purchase of a home. If you refinanced your home, these points are still deductible. 

3. As long as they are based on the assessed value of the real property, you can deduct your state and local property taxes. 

4. If you sold a home in the past year, you may be able to reduce your income tax by the amount of your selling costs. These costs can include things such as repairs, title insurance, advertising expenses and broker’s fees. 

5.If you use a portion of your home exclusively for the purpose of an office for your small business, you may be able to claim a deduction on your taxes for costs related to insurance, repairs and depreciation. (Only claim this deduction if the space within your home is used exclusively and regularly as either your principal place of business or a place where you meet and deal with customers or patients.)

6. You may be able to deduct the premiums paid for private mortgage insurance for your principle residence and for a non-rental second home. 

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7. If you’ve taken out a loan to make improvements on your home, you may be able to deduct the interest on this loan. 

8. If you take out a construction loan to build a home, you may qualify to deduct the interest. The IRS only allows a deduction for mortgage interest if the loan relates to a “qualified” home, which means it must either be your principle residence or a vacation home that you will use for personal purposes. 

 

To learn more about South Miami or any other community – including Coral Gables, Coconut Grove, Pinecrest and Palmetto Bay, contact Val Byrne with EWM Realty International on www.MiamiRealEstateWorks.com or email at [email protected] or by phone at 305-323-6231. Val Byrne – Working For You!

 

What’s New in Real Estate Vocab?

Great article last week in Fox News! If you have a home for sale, or are going to be listing your home for sale you want to read this! In the meantime let me summarize and highlight for you what, for the most part, we have also been seeing in South Florida Real Estate.

Whether selling cars, clothes, stocks, or homes, marketing trends and styles appear, disappear,and sometimes reappear dressed differently! So much of our marketing materials are written – brochures, flyers, ads, blogs, internet remarks, signs, etc. How do we keep it fresh?

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Buzz words, thoughts, and trends for 2013….

What’s Hot:

Open Floor Plan
Downstairs Master
Walkability (This South Miami/High Pines realtor prefers to call it “Urban”.)
Solar
Energy Efficient
Low HOA fee
Light & Bright
Sunny
Caesarstone
Toto (Fox describes Toto as the “Subzero of toilets”.)
Turn Key (In my opinon, a timeless term.)
Move-In Ready
Income Property
Open House (Nothing new for this Miami realtor.)

What’s Not:

Fixer Investor Special
Hurry, Won’t Last (Whoever researched and wrote the article has not spent enough time in South Miami/High Pines, Coral Gables, Coconut Grove, Pinecrest – or anywhere in Miami for that matter! There is no other way to describe it.)
Gourmet Kitchen
Luxury Bath
Rare (This word has always bothered me.)
Charming (A great word for a front porch.)
Classic (I completely disagree. There are most definitely classic, timeless styles.)

 

To learn more about South Miami or any other community – including Coral Gables, Coconut Grove, Pinecrest and Palmetto Bay, contact Val Byrne with EWM Realty International on www.MiamiRealEstateWorks.com or email at [email protected] or by phone at 305-323-6231. Val Byrne – Working For You!

Ranked No. 14 Company Wide!

EWM announced the Chairman’s Club Members this past week – 84 Sales Associates in the company earned gross sales in the top 2% nationally – I was the 14th highest grossing Associate in the company (and in a small class of Associates ranked in the top 1/2 of 1% nationally)!

If you ask each of the 40 what they attribute their success to some of the answers would be the same,
almost generic in a sense: knowledge, hard work, persistence. Definitely can’t get to the top without
that. But, if you dig a little deeper, you will find a group of ‘out of the box’ thinkers who not only
know ‘the market’ and how to market, we inherently know our neighborhoods, our schools, origins and
the nuances that go with them; we have some understanding of construction and renovation, are keenly
aware of styles and trends, and have good dollars and sense about value – present, past, and future.

We also know that we couldn’t climb to the top without loyal and trusting clients. I thank all of the
Buyers and Sellers in South Miami, Brickell, Coral Gables, Coconut Grove, Pinecrest, & Palmetto Bay who
contributed to a successful 2012 for me – it is an honor to work for you and with you.

To learn more about South Miami or any other community – including Coral Gables, Coconut Grove, Pinecrest and Palmetto Bay, contact Val Byrne with EWM Realty International on www.MiamiRealEstateWorks.com or email at [email protected] or by phone at 305-323-6231. Val Byrne – Working For You!

Recently Sold By Valaree Byrne in Cutler Cay! 19066 SW 76 Avenue

List Price: $399,000

On Friday I will joyfully be seated at a closing for a property purchased by good friends/clients who are moving to a wonderful home in Cutler Cay.

cutlercarCutler-Cay-4

 

 

 

 

 

 

These are the most tenacious Buyers I have known – and I told them many times their persistence would pay off (even when I doubted it myself). They sold their home in South Miami two years ago so they could find a more accommodating house for an elder parent that would soon be living with them, and for two young-adult children who they still enjoy having live at home.

Everyone had their own agenda – grandma needed to be on a ground level with separate quarters, children are too old to share a bath, dogs need a yard, and working Buyers didn’t have the time or energy to invest in a large renovation – mind you these were times where short sales and foreclosures dominated the market, and many of these homes were in poor condition. In two years we looked at more than 50 houses (did hundreds of ‘drive bys’), made offers on many, waited on end to hear about short sale approvals, kept looking, had MANY discouraging days, but alas we found the perfect home and the stars lined up.exteriorfront_500exteriorback_500

 

 

 

 

 

 

Tenacity and perseverance is what it takes purchase in today’s market – inventory is so low, demand is so high, prices are rising, multi-offers are often the norm. It can be a real roller coaster but most important is that you stay in the game, move swiftly, and you must have an experienced, knowledgeable realtor. At the speed properties are moving you need to see new listings within hours of them going on the market, have all the information and technology needed to make an intelligent offer quickly (should that be the case), and follow-thru methodically and carefully without mistakes that can delay or even cancel a closing. I specialize in South Miami, High Pines, Coral Gables, Coconut Grove, Pinecrest, and Palmetto Bay, and would be delighted to be that realtor for you.

 

To learn more about Cutler Bay or any other community – including South Miami, Coral Gables, Coconut Grove, Pinecrest and Palmetto Bay, contact Val Byrne with EWM Realty International on www.MiamiRealEstateWorks.com or email at [email protected] or by phone at 305-323-6231. Val Byrne – Working For You!

Just Listed by Valaree Byrne in Palmetto Bay! 15585 Old Cutler Road

path-to-paradise-p512133Call this ‘Classic Americana’ – a style appealing to home buyers in just about every location. It’s a
Norman Rockwell-esque dream house – rambling yard to play in with a sparkling pool waiting, wide
sprawling house with lots of rooms, front porch to swing on, even the quintessential white picket fence.

no-caption-p512562Tucked away under a canopy of trees, set far back from historical Old Cutler Road and it’s near endless bike path lies this fantastic, 5 bedroom, 3 bath home built in 1972 and graciously updated. Impact glass, Saturnia and hardwood floors, new appliances, and brand new, magazine worthy pool & spa are just some of the recent additions & renovations in this 3,313 adj. sq. ft. residence.

Located in family-oriented Village of Palmetto Bay within walking distance to parks and the finest public and private schools Dade County has to offer, minutes from Black Point Marina, The Falls Shopping Center, and the city’s best restaurants.

Property Details:

            • 5 Bedroom/3 Baths
            • Brand New Swimming Pool (15×37) and Spa
            • 3,313 Adjusted Square Feet
            • 30,056 Square Foot Lot
            •  List Price $785,000

To learn more about Palmetto Bay or any other community – including Coral Gables, Coconut Grove, Pinecrest and South Miami, contact Val Byrne with EWM Realty International on www.MiamiRealEstateWorks.com or email at [email protected] or by phone at 305-323-6231. Val Byrne – Working For You!

Coconut Grove’s Changing Condominium Skyline


I was showing out-of-town Buyers condominiums in Coconut Grove this past weekend.  They were “wowed” by the options on South Bayshore Drive, home to some of the greatest views in all of Miami. Of course the buzz this year is all about Terra Group’s sparkling Grove at Grand Bay  –  two glass towers on the cutting edge of architecture.  Ironically they will be replacing the Grand Bay Hotel, the half-pyramid shaped 5-Star hotel which was cutting edge in 1983 (does anyone remember Regine’s?).

Grove at Grand Bay

In the months to come adding to the buzz will be the upcoming (yet unnamed) condominium project which will stand on the Coconut Grove Bank property – no doubt it to will be spectacular.  But you know what? There are a lot of other golden opportunities overlooking our lovely Sailboat Bay!


Yacht Harbor and Grove Towers were the first ‘on the edge’ communities and still offer fantastic residences with wide Bay views; The Mutiny has short term renting and leasing opportunities not offered elsewhere ‘along the boulevard’; Grove Hill Towers is 20-years young and is as elegant and desirable as the day it was completed; The Ritz Carlton lives up to its world-class name – in beauty and amenities; and mouths are still dropped over Ugo Columbo’s uber nautical Grovenor House – there is nothing like it.

 

To learn more about Coconut Grove or any other community – including Coral Gables, South Miami, Pinecrest and Palmetto Bay, contact Val Byrne with EWM Realty International on www.MiamiRealEstateWorks.com or email at [email protected] or by phone at 305-323-6231. Val Byrne – Working For You!