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Jul
13

Surfside Real Estate Market Report for June 2015

By: Ines Hegedus-Garcia on July 13, 2015

Surfside Real Estate Market Report

Surfside Real Estate Market Reports by Miamism.com

There are currently  19  Surfside homes for sale (3 less than last month):

  • Highest priced listing: $5,000,000 (waterfront fixer upper at 1332 Biscaya Dr)
  • Lowest priced listing: $565,000 (9057 Carlyle Av)
  • Pending Sales: 8 (2 more than last month)
  • Closed sales in June: 4 (same as previous month)

The 4 Surfside homes sold in June were the following:

  • 9249 Emerson Av – 3 bedrooms / 2 bathrooms, 2,210 sq.ft. of living space, 5,600 sq.ft. lot and built in 1995 – originally listed for $750,000 in March of 2014, then raised to $759,000 in December of 2014 and sold for $725,000 ($328/sq.ft.)
  • 9041 Dickens Av – 3 bedrooms / 2 bathrooms, 1,690 sq.ft. of living space, 5,600 sq.ft. lot and built in 1952 – listed for $699,000 in March of 2015 and sold for $499,000 ($295/sq.ft.)
  • 8843 Carlyle Av – 3 bedrooms / 2 bathrooms, 1,523 sq.ft. of living space, 5,600 sq.ft. lot and built in 1940 – listed for $639,000 in May 2015 and sold for $600,000 in June ($394/sq.ft.)
  • 700 Surfside Bl – 2 bedrooms / 2 bathrooms, 1,938 sq.ft. of living space, 5,625 sq.ft. lot and built in 1947 – listed for $575,900 in May and sold for $575,900 in June ($297/sq.ft.)

The average selling price per square foot for Surfside homes in June, although dropping to $328, is not a representation of the market as a whole.  The average price per square foot in Surfside, in the first half of the year, comes in at $334, which is higher than 2014’s average of $324.

Here are previous month’s averages which show a slight fluctuation:

  • May $355
  • April $347
  • March $363
  • February $316
  • January $321

Surfside is Miami Shores’ parallel market.  Although both cities have their own pros and cons, their real estate markets behave similarly.  Inventory in Surfside, meaning homes on the market for sale, is in an all-time low and the demand is for larger homes in the 4+ bedroom range.  Some sellers think this is their cue to over price, but buyers are savvy and will not overpay, unless the size and features are there.

Call us if you are thinking about selling, your home may be perfect for one of our buyers.

Surfside Home of The Month

Miamism Sales Team recommends the Surfside home located at 9390 Bay Drive.  New construction on a corner, waterfront lot.  This home has 6 bedrooms, 5.5 bathrooms, almost 5,000 SF of living space with 53′ of water frontage.  High ceilings, contemporary design, summer kitchen, 2-car garage and sits on wide canal.

It’s offered at $3,875,000.

Please contact us for more information and we will also be happy to arrange a showing appointment.

9390 Bay Dr - surfside


To sign up to our Home Trends Reports, go to MiamismTRENDS.com and fill in your information.

Call us Today for a listing appointment!

If you are interested in getting a list of all properties currently for sale in Surfside, we will be happy to send you a digital copy at your request.  We can also send you monthly market reports directly to your inbox. Feel free to email us at Surfside@miamism.com

Jul
08

Alfred Browning Parker designed home in Coral Gables is back on the market

By: Ines Hegedus-Garcia on July 8, 2015

As your official architectural REALTORS in Miami, we have a duty to let you know about architecturally significant homes that are for sale.  This time it’s a fabulous Alfred Browning Parker Estate, located in Coral Gables.  We had previously told you about this home in 2013 and it fell off the radar – it now sits empty, as a perfect blank canvas, waiting for that discerning buyer that knows the value of good architecture.

As a refresher,

Alfred Browning Parker was known as the leader of Miami’s modernist architectural movement.  He was known for his green designs which married local materials to suit South Florida’s climate.  He built pre-air conditioning, so his homes took advantage of air currents, landscaping and light.  ABP’s spaces were organic and managed to seamlessly bring the outdoors in.  His architecture was influenced by Frank Lloyd Wright and his motto was “Make it useful and make it beautiful.”  He was way ahead of his time when sustainable design was not even in our vocabulary and will remain an inspiration for years to come.

6801 Granada Blvd – Coral Gables home by Alfred Browning Parker

Offered at $8,495,000

To start off, the home has 8 bedrooms, 7 bathrooms, over 9,400 sq.ft. of living space and sits on a massive 82,906 sq.ft. lot (1.9 acres).  It’s a corner lot on the water with water frontage on 2 sides and views for every minute of the day.  We’re talking 600 feet of water frontage!  We are talking Tropical Modern architecture at its best.

alfred browning parker in coral gables at 6801 Granada Blvd

The current marketing description reads:

2-acre corner waterfront lot with over 600ft of water frontage. Home designed by renowned historical architect Alfred Browning Parker on prestigious Granada Blvd, 7BD/7.5BA. A unique one of a kind compound with a picturesque wooded backdrop. Updated gourmet kitchen with Sub-zero refrigerator and freezer, 2 wall-ovens & 2 dishwashers plus much more. Oversized mosaic tiled pool, coral rock deck and large covered terrace. Private dock, gazebo and tennis court.

Alfred Browning Parker Home in Coral Gables by miamism.com

Here are more photos of the home when it was previously listed for sale.

Architecturally significant home in Coral Gables - Alfred Browning Parker6801 Granada Bl

Please contact us to schedule a private showing of this property and/or to set up a consultation appointment with our real estate sales team. The Miamism Sales Team specializes in architecturally significant homes in Miami and can help you market your architectural home to the right audience.

Jul
06

Miami Shores Real Estate Market Report for June 2015

By: Ines Hegedus-Garcia on July 6, 2015

Miami Shores Homes – Real Estate Market Report

Miami Shores Real Estate Market Reports by Miamism.com

There are currently 70 Miami Shores homes for sale (1 less than last month):

  • Highest priced listing is $3,975,000 for the bay front fixer upper at 1680 NE 104 St
  • Lowest priced listing is $364,900 for the 3 bedroom / 2 bathroom home at 190 NW 100 Te. (flip-job purchased for $230,000 in October of 2014)
  • Pending Sales (Properties under contract): 43 (same as last month)
  • Closed sales in June: 16 (compared to 14 in May)

The 16 Miami Shores homes sold in June ranged from $195,000 for the foreclosure at 955 NE 98 St – which had been listed in August of 2014 for $355,350 and showing a contract that fell through – to $1,850,000 for the canal front home at 1360 NE 103 Street.  This Miami Shores waterfront home was remodeled, with 3 bedrooms, 4.5 bathrooms and 3,513 sq.ft. of living space.

Out of the 16 Miami Shores homes sold in June, only one was waterfront (highest sale mentioned above), and sold for $527/sq.ft.

The average price per square foot in Miami Shores in June, although dropping to $240, is not a representation of the market as a whole.  The average price per square foot in Miami Shores, in the first half of the year, comes in at $247, which is higher than 2014’s average of $236.

Here are previous month’s averages which show a slight fluctuation:

  • May $256
  • April $256
  • March $247
  • February $227
  • January $225

The number of homes available for sale in Miami Shores remains low, especially homes in move-in condition.  We are working with a number of pre-approved buyers that are waiting for the right property to be listed for sale.  If your home is in impeccable condition and you have been thinking about selling, this may be the perfect time.  Give us a call for a no obligation, consultation of your home.

Miami Shores House of The Month

The Miamism Sales Team recommends the Miami Shores home located at 1098 NE 99 St.  This 3 bedroom / 2 bathroom modern home is in amazing move-in condition with incredible designer finishes.  Built in 1947, the current buyers renovated this home, giving it a gorgeous Florida feel with open beamed ceilings, tall doors, and large exterior porch that completes the home.

Although small with only 2,000 sq.ft. of living space, it is distributed perfectly.  It is offered at $980,000 and is located in a quiet dead-end street, East of Biscayne Boulevard.

Please contact us for more information and we will also be happy to arrange a showing appointment.

1098 NE 99 St - Miami Shores

And lastly, we are thrilled to announce that our “I LOVE MIAMI SHORES” magnets have finally arrived!!  If you want one, send us your name, email and address and we’ll be happy to send one to you for free.

I love miami shores by miamism.com


To sign up to our Home Trend Reports, go to MiamismTRENDS.com and fill in your information.

Call us Today for a listing appointment!

If you are interested in getting a list of all properties currently for sale in Miami Shores, we will be happy to send you a digital copy at your request.  We can also send you monthly market reports directly to your inbox. Feel free to email us at MiamiShores@miamism.com

Jul
02

4th of July events – Miami 2015

By: Ines Hegedus-Garcia on July 2, 2015

4th of July from Miamism.com

The Miamism Sales Team wants to wish you and your family a wonderful and safe holiday weekend in celebration of our nation’s freedom, liberty and unity.

There is so much going on around Miami this long holiday weekend.  Here are a few ideas:

 

Jun
30

Hyde Midtown Miami

By: Ines Hegedus-Garcia on June 30, 2015

hyde midtown miami
If you frequent Midtown Miami, you have seen the sales office/trailer for Hyde Midtown. I love it when enough hype is created around a project but not enough information is given – it creates a sense of anticipation and tension accompanied by both positive and negative energy.

The negative is out there and we can’t escape it. Residents are concerned with a new building blocking their views, with more traffic and less parking as well as the unknown dynamics the construction will bring. The good news is that you do have top-notch design and developers that will not just build anything and they know this real estate market calls for quality.

hyde midtown by miamism.com

 

Hyde Midtown

Known as Hyde Suites & Residences Midtown Miami, this is a Related Group and Dezer Development, created with the notion that you can rent out on a short-term basis.  Remember that Midtown 2 and 4 were rented out during the down market when the project could not be sold, which ended up filling a need in Miami for rentals and moreover, for short-term rentals.

Hyde Midtown is a 31-story development with 397 luxury condo residences.  In addition to the expansive floor-too-ceiling windows, glass railing terraces, oversized balconies and stunning bay and city views, Hyde’s concept was born not only from the mixed-use lifestyle currently in place in midtown, but also from the expansive growth of the neighboring Design District and all its high-end retail and world’s most recognizable names in fashion and design. To create an urban experience where art, shopping and dining coexist.

Architecture by Arquitectonica (yes I sound like a broken record, but Bernardo Fort Brescia continues to impress and no, they not all look the same, so don’t even go there).  Interior Design by David Rockwell with a fresh and sophisticated take on chic urban living with that “creativity and innovation and functional precision” the Rockwell Group is known for.

hyde midtown condos

Hyde Midtown Features and Amenities

  • 397 Condo Residences that can be rented monthly (max 12 times per year).
  • 60 Designer Suites fully finished and furnished by David Rockwell available for daily rentals with management by SBE hotels.
  • Elevated 7th floor level amenities resort deck fully loaded with pool cabanas around a heated pool and spa and beautifully landscaped sun terrace with stunning bay views and the Miami Skyline.
  • State-of-the-art fully equipped fitness center with cardio area overlooking the pool deck and Biscayne Bay.
  • Professionally staffed Spa.
  • Only tennis court in Midtown.
  • Permanent installation of world-class museum quality art throughout the building’s public spaces.
  • Exclusive On-Demand concierge staff and services with convenient mail and receiving desk.
  • Complimentary Valet Parking.
  • High-speed internet access in all public areas.
  • 24-hour attended security services and controlled access.
  • Hyde App – Remote Dog Walking Service, In Room Dining from our Signature Restaurants.

Hyde Midtown Siteplan

Hyde Midtown Residence Features

  • Open-concept contemporary floor plans featuring studios and several choices of one, two and three bedroom floor plans delivered fully finished with premium wall-to-wall carpeting throughout living, dining and bedrooms, imported porcelain tile in kitchens and bathrooms.
  • Wide private terraces with glass railings for unobstructed views, accessible from the living and bedroom areas of most residences.
  • Amazing city views and Biscayne Bay views from select residences.
  • Energy efficient, tinted impact resistant floor to ceiling sliding glass doors and windows.
  • Spacious walk-in wardrobes in most residences.
  • Gourmet Kitchens
    • A premium selection of contemporary European cabinetry.
    • Imported solid surface counter tops.
    • Stainless steel appliance package with refrigerator/freezer, stove glass cooktop, built-in oven, multi-cycle quiet dishwasher, built-in microwave with integrated vent hood and stackable washer and dryer.
    • Double stainless steel under-mount sink, with single-lever European-style pullout faucet sprayer.
    • Imported designer porcelain tile floor.
  • Bathroom Features
    • European cabinetry with exceptional detailing.
    • Imported solid surface counter tops.
    • Full size vanity mirrors.
    • Floors and wet walls clad in imported designer porcelain tile.
    • Designer bathroom fixtures and accessories.
  • Residence Types and Sizes
    • Studios:  556 SF
    • 1 Bedroom / 1 Bathroom + Den:  681-982 SF
    • 2 Bedrooms / 2 Bathrooms + Den:  938-1215 SF
    • 3 Bedrooms / 2 Bathrooms:  1595 SF

HYDE midtown miami

Hyde Midtown Deposit Structure

10% of Purchase Price at Reservation

10% of Purchase Price at Contract (with 15 day rescission period)

20% of Purchase Price at Groundbreaking (2015)

10% of Purchase Price at Top-Off (2017)

50% Remainder of Purchase Price at Closing (2017)

Hyde Midtown Prices

Of course this are always subject to change and we have a detail list of prices if you need.  But ranges start at $250,000 for a low floor studio, one-bedroom units in the $300k’s, 2-bedroom units in the mid $400k’s and 3-bedroom units $745,000 and up.

We will be providing information as we get it but feel free to contact us at any time at HydeMidtown@miamism.com if you want to reserve a unit or schedule an appointment to visit the sales office.

Condo Name:  Hyde Midtown
Architecture:  Aquitectonica
Developer: The Related Group and Dezer Developments
Location:  3301 NE 1 Av – Miami, FL 33137 (Midtown Miami)
Contact:  hydemidtown@miamism.com

Originally published August 2014