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Miami Luxury Real Estate Pick – Miami Shores

By: Ines Hegedus-Garcia on November 26, 2008

1292-ne-95-st-miami-shores-livingAnother Miami Luxury Real Estate Pick in Miami Shores. Of course I am biased about Miami Shores Real Estate because I live there. But when you really compare cities from an architect’s perspective, you see things the common eye doesn’t. Miami Shores was developed by the Shoreland Company in the early 1920′s and the Urban Planning was well thought out – from tree-lined streets, setbacks, sidewalks, service alleys, size of properties, etc. Miami Shores Code Enforcement also plays a vital role in keeping the city looking pristine at all times.

This particular property is located East of Biscayne Boulevard one house away from The Miami Shores Board Walk with direct bay views. These are homes that sit on dry lots but benefit from Miami Waterfront Views, talk about an added bonus!

1292 NE 95th Street -

Miami Shores, FL 33138

Listed for $1,499,000 NO LONGER LISTED FOR SALE (removed from MLS shortly after publishing this article)

This is the perfect example of a bi-level mid-century modern home. Built in 1950 and completely remodeled by the current owner with no expenses spared. The kitchen is equipped with top-of-the-line Viking appliances. The Master suite has gorgeous marbles and California closet. There are incredible ceiling details and cauffering, hardwood floors, impact resistant windows and beautiful pool area.

1292-ne-95-st-miami-shores-common

The MLS description reads:

Best location in Miami Shores. Steps to the bay. Beautiful bay views. Completely gutted and rebuilt with the finest details. New everything. Designer finishes. Spectacular kitchen with custom cabinets, granite, all viking appliances. Beautiful bathrooms, including cabana bath with steam room. The most beautiful impact windows and doors. New heated pool with hot tub, new electric, new plumbing, fireplace, elegant, lush landscaping. Just bring a toothbrush. Includes 4 plasma TV’s and can be sold furnished.

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Property features:

  • 2,700 square feet of living space
  • 7,650 square foot lot (75′ X 102′)
  • 3 bedrooms / 3 bathrooms / 1 powder room
  • pool
  • bay views
  • Custom kitchen with Viking appliances
  • designer finishes
  • new electrical
  • new plumbing
  • 2-car garage
  • built in 1950
  • 2-story

Although I totally love this home and its updates, I have to be realistic about the price. The highest sold home per square foot in Miami Shores this year went for $357/sq.ft, and it was a totally remodeled true waterfront home – which would place this home at $964,000. The next highest sale per square foot was $305 for a totally remodeled home on Grand Concourse, which would place this home at $823,500! OUCH!! This house has the potential for someone to walk in and fall totally head-over-heels in love with it and be willing to pay above market price – we have dealt with a few buyers that fit this category. But we cannot forget it is a buyer’s market, and even if Miami Shores Real Estate market is beginning to stabilize, this home, in my opinion, is overpriced, which leads me to believe the seller is not really motivated – but that’s only speculation.

**property information courtesy of South East Florida Multiple Listing Service and Kellogg Realty, Inc. **

Related Articles:

  • Miami Shores Real Estate Market Report for 2011
  • Miamism Blog – Thanks Roy Llera
  • Miami Real Estate in the open
  • March 2011 Housing Market Report for Miami Shores, Bay Harbor Islands, Surfside and Fisher Island
  • Miami Shores Real Estate Market Report for 2010
  • November 2010 Real Estate Market Reports for Miami Shores, Bay Harbor Islands, Surfside and Fisher Island
  • Miami Shores Home – 623 NE 97th Street
  • Miami Green Houses from the past
  • Comfort vs. Charm – Buying the perfect Miami Home based on Style
  • Mediterranean Revival Gem perfect example of Miami Shores Real Estate

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