Congrats to Matt Damon for finally selling his gorgeous Miami Beach home! Although it still appears as pending on the MLS, Brian Bandell, Senior Reporter for The South Florida Business Journal, tells us that:
Matt Damon didn’t just play a genius in Good Will Hunting, he showed he’s a smart real estate investor by selling his Miami Beach home at a big profit to a controversial businessman…The actor sold his home at 6020 N. Bay Road for $15.375 million to Patrick Markert.
We told you that Matt first listed the North Bay Road home for $20 Million in April of 2013.
Then we told you that Matt reduced the home to $18.999 Million in November of 2013.
Well….now the sale appears to be final at $15,375,000 which is still a great profit based on his purchase of $10.3 Million in 2005.
CONGRATS AGAIN TO MATT DAMON!! Happy Holidays and lucky guy Mr. Markert for the amazing choice.
A few years ago, while a board member of the Miami Shores Historic Preservation Board, I created, with the help of other board members, an educational brochure for our community. The brochure included the image shown as well as a brief history of Miami Shores and its development back in the 1920′s.
The style popular in South Florida in the 1920′s is now called “Mediterranean Revival” which was influenced by the architecture of the countries bordering the Mediterranean coast, namely Spain, France, Italy and North Africa. Historic architecture in Miami Shores is comprised of mostly Mediterranean Revival homes and we thought it would be valuable for home owners to be able to identify different elements, learn about them and hopefully inspire them into renovating and restoring our historic core. This same style of architecture can be seen in other historic districts in South Florida like Historic Morningside, Coral Gables, Miami Springs, Historic Bayside, Coconut Grove, and of course Miami Beach.
The exterior identifying features of these fabulous old houses are shown in the illustration: Historic Cuban Clay Barrel Tile, Cornice Details, Lime Based Paint, arched windows, decorative columns, wood casement windows, balustrated balconies, decorative or structural ornamental brackets, decorative ventilation grids, rough textured stucco walls, low pitched multiple gabled roofs, chimney, and awnings.
Please understand that not all homes have all these features, but we picked a home in Miami Shores that displayed all of these. It is also important to understand that proportion and the manner in which these elements were used is what makes these properties so breathtaking.
Interior floor plans are mostly informal and asymmetrical in arrangement. Arched openings separate main rooms or areas. Ceilings have exposed beams and rafters, some carved, and others painted. Plaster walls have a rough texture.
Over the years many of these homes have undergone alterations to both the exterior and the interior. Yet, despite these changes their distinctive character makes them stand out from those of more recent construction. These historic homes make our Miami Shores Village unique.
The restoration of a historic property should be done with a lot of care, patience as well as knowledge. It takes some people years to restore their home to perfection, but the effort is well worth it. Educating yourself about the features should be an important part of the process. Restorations should be consistent with The Secretary of Interior’s Standards for Rehabilitation. Such standards include examples of correct and incorrect repairs and replacement of roofs, windows, materials and other features.
When restoring a historic home, some people start with windows- I urge all historic home owners to try to get the original floor plans of their home in order to study the proportion of the openings, to see the type of windows originally installed, their vertical nature and the materials. It would not be historically appropriate to install a colonial window in a Mediterranean Revival home. One controversial topic is replacing wood windows with more modern, metal clad ones. In my opinion, replacement with a better constructed, more durable insolated window is acceptable as long as the opening remains the same, as well as the type of window and proportion of lights and muntins.
The same applies to other features and basic knowledge is crucial. For example, you should never install arched awnings over rectangular openings; never replace decorative ornamental metals with different materials like concrete balustrades, always repair decorative and structural columns with the same or similar order; exterior and interior plaster should be matched to look like original. There are numerous details that should not be overlooked and minor details is what makes the final product.
Here are some sketches I did of historic Miami Shores homes.
After reading this article you may be wondering, How does this apply to buying or selling real estate? The answer is simple. When planning to buy or sell a historically relevant home, you should work with a real estate agent that is not only sensitive to historic preservation issues, but someone that understands historic architecture, from materials to features to minor details. I light up when I walk into a historic home and will not only share my knowledge, but will also point out deficiencies and great features for you to know the intricacies of each home and be able to make an educated decision.
**Leer artículo en Español**
**originally published in March 2008**
The Miamism Sales Team wishes you and your family a Happy Hanukkah!
Is it [ma-ee-mo] or [meeh-mo] ?? It’s a question I get ALL THE TIME!! To think I wrote this article back in 2007 and how incredibly hot the MiMO District has gotten, especially with the latest opening and amazing restoration of the Vagabond Motel by developer Avra Jain…now a boutique hotel with restaurant in the works. This is our hood and we can help you buy or sell properties in the area, from land to multi-family (although inventory is scarce).
The South Florida Chapter for DoCoMoMo was supposed to launch when I wrote this but don’t know if it ever came into fruition. There is a Florida Chapter and there is strong historic preservation evident in the area. The truth is that there is a need for land and more and more of our historic buildings are in danger with a number of them being demolished to make room for new construction.
It’s a hot and controversial topic in Miami – preserving our architecture versus giving property owners free will to do as they wish.
Miami is HOT, SEXY and FASHIONABLE! But who would think that even words become part of our trendy vocabulary?
When you read real estate descriptions you get these words all over the place – “chic” “contemporary” “mid-century modern” “SoBe” “SoFi” ” MiMO”
And then you hear someone mispronounce one of the trendy words – instead of “meemo”, they say “mah-eh-mo” – it cracks me up!
So where am I going with this? Miami Modern (MiMO) Architecture is finally getting an organization to help its preservation, The South Florida chapter of (International Working Party for Documentation and Conservation of Building Sites and Neighborhoods of the Modern Movement…….say that 5 times fast). According to Beth Dunlop, who
writes wrote architectural commentaries for The Miami Herald, “DoCoMoMo has long been a vigilant watchdog over the architecture of the recent past”.
DoCoMoMo will be launched sometime in the fall and the founders are a group of architects and academics (Jean-Francois Lejeune, Virginia Kohen, Enrique Madia and Allan Shulman). I was so excited to hear about the founders because Lejeune was an architectural professor of mine when I attended The University of Miami and Allan Shulman, the nicest guy in the world, was finishing up his Masters when I was doing my bachelors. The organization cannot be in better hands!
We usually see an architectural preservation movement with buildings from the 20′s, but the preservation of the modern movement, in my opinion, is even more important. We are surrounded my exquisite modern buildings that are too often butchered beyond recognition and I only hope that DoCoMoMo is instrumental in protecting the MiMO movement and also of educating the public about this architectural period’s importance.
My good wishes go to The South Florida Chapter of DoCoMoMo!
**July 14, 2007
There are currently 22 Surfside homes for sale: (3 more than last month)
- Highest priced listing: $6,900,000 (waterfront contemporary estate at 1236 Biscaya Dr)
- Lowest priced listing: $399,000 for a short sale at 8753 Abbott Av
- Pending Sales: 8 (same as last month)
- Closed sales in November: 4 (2 less than last month)
The 4 Surfside homes sold in November were the following:
- 8835 Emerson Av – listed for $749,000 in July and selling for $715,000 ($324/sq.ft.)
- 8919 Emerson Av – listed for $589,000 in September and selling for $550,000 ($341/sq.ft.)
- 8850 Emerson Av – originally listed for $589,000 in July, reduced to $550,000 in October and sold for $500,000 ($271/sq.ft.)
- 8859 Byron Av – listed for $540,000 in October and selling for $535,000 ($285/sq.ft.)
The average selling price per square foot for Surfside homes in November came in at $305, compared to October’s $262, September’s $300 and August $328. The average selling price this year has been $300 compared to 2013′s average of $270. That’s a solid 11% increase for Surfside homes.
What’s interesting to note in Surfside is that homes in great condition are selling quickly with multiple offers! Take our “coming soon listing” which we announced in last month’s market reports. We had multiple offers and house was under contract in 4 days with a 30 day closing date. Take a look at property photos below.
We are Surfside REALTORS, ready to list and market your property! Call us for a listing appointment.
We are now also providing these quick services to help with your real estate needs – your email address will be necessary to get the reports. And always keep in mind that these are automated and should only give you a ballpark figure.
CHECK YOUR CURRENT HOME VALUE
To sell or buy your Surfside home, please contact us at Surfside@miamism.com
UNDER CONTRACT IN 4 DAYS!! Beautiful Surfside corner home with 3 bedrooms + den, 3 bathrooms, marble floors, impact windows, new roof and plenty of room for pool.
Asking price $740,000