Archive for February, 2010
Goodbye Coconut Grove…Hello Virginia, A Relocation Success Story
February 26th, 2010 | categories: Selling Real Estate in Coconut Grove
EWM Realtors has an incredible relocation division. Whether you are moving to or from Miami our company is here to assist you every step of the way. We work closely with brokers all over the world to assure that you get the same standards and service provided by EWM.
Below is a letter from a client of mine, Mark Cohen, who used the services of EWM to facilitate his move from Coconut Grove to Virginia. Mark listed his house with me in January and we got a contract within a matter of weeks. In fact, by the time they had found a house to buy up in Virginia we already had a signed contract on his house. They plan to close on both homes within the next few weeks.
Riley,
Just for the record, you should pass this along to everyone in the relocation department who helped us with our move to Virginia.
The referral to Long & Foster Real Estate and the specific Northern Virginia Realtor to whom we were assigned worked out great. Although we took her just a bit outside her primary geography, she understood our needs/wants perfectly and knew just the right time to step in when our knowledge of real estate fell short and we needed help.
In addition, the referral to Star Moving Alliance for help in soliciting bids from movers and in assessing the bids and making a decision also worked out great. We actually went with the higher of the two bids because we were more comfortable with how they planned to crate our limited number of fragile/valuable items.
So in addition to the quick sale of our property, the other services provided by EWM to make our move as smooth as possible proved to be helpful beyond all reasonable expectation.
Please pass along our appreciation to the folks you recruited to help us on these issues.
Regards,
Mark Cohen
If you are considering a move to or from Miami, please let me and my team here at EWM Realtors assist you in your relocation.
Two New Listings In North Coconut Grove
February 25th, 2010 | categories: New Listings in the Grove
First of all, I would like to thank everyone who came out to our Open House yesterday on Hardie Avenue. We had over 50 people stop by!
In other news, I have two great new listings in North Coconut Grove. They are both priced under $700,000 which if you saw yesterday’s post is a price range that has been very active lately in Coconut Grove.
The first is located at 2441 Swanson Avenue. The home features 2 bedrooms, 2 baths plus a den with 1,455 square feet of living space on a 7,800 square foot lot. The lot is lushly landscaped with a beautiful pool and patio. The home sits on a corner lot and is totally gated and private. Asking price is $595,000. See pictures below.
The second listing is located just around the corner at 3040 Lucaya Street. The home has been completely updated and features 2 bedrooms with 1.5 baths, 1,533 square feet of living space on a 6,577 square foot lot. The home has vaulted wood ceilings, crown moldings, 24×24 porcelain tile, wood floors and is also gated and walled. Listing price is $625,000.
If you are interested in seeing either of these properties please give me a call at 305.342.1623 or send me a note here and we can schedule a showing.
As always, if you would like me to stop by your house for a no pressure home valuation I would be happy to do so.
Recent Pending Properties…The Numbers Speak For Themselves
February 24th, 2010 | categories: What Is Selling In Coconut Grove Real Estate?
For those of you who know me I am not the “car salesman” type of Realtor. I don’t try to push people into selling or buying. I do however try to educate my clients and provide them with the benefit of my knowledge and experience.
Sometimes (like now) the numbers speak for themselves. I have put 11 properties under contract for my clients during the month of February. This reaffirms my belief that if you are interested in selling your house, now is the time. Price it right, get it on the market, and it will sell. Don’t wait until the summer doldrums set in when everyone goes out of town (including the buyers).
Pending Sales Since 2/10/2010 In Coconut Grove:
| Address: | Beds/Baths: | Sq. Ft. | List Price |
| Grovenor House | 3/3.5 | 2,640 | $1,690,000 |
| Grovenor House | 2/2.5 | 1,756 | $949,000 |
| 4129 Park Avenue | 4/3 | 2,620 | $795,000 |
| 1 Grove Isle Drive | 2/2 | 1,642 | $699,000 |
| 11 Samana Drive | 3/2.5 | 2,781 | $699,000 |
| 259 East Shore Drive | 3/2 | 2,601 | $599,000 |
| 3059 Indiana Street | 3/2.5 | 2,350 | $499,000 |
| Ritz Carlton | 2/2 | 1,540 | $489,000 |
| 2201 SW 28th Street | 2/2 | 1,571 | $460,000 |
| 4190 Ventura Avenue | 3/2.5 | 2,122 | $429,000 |
| Yacht Harbor | 2/2 | 1,582 | $425,000 |
| 4265 Braganza Avenue | 3/2 | 1,298 | $425,000 |
| 3158 Day Avenue | 3/2 | 2,335 | $412,500 |
| 3201 McDonald Avenue | 2/2.5 | 1,295 | $350,000 |
Come By For Lunch Tomorrow 12:00 to 2:00
February 23rd, 2010 | categories: New Listings in the Grove
I will be holding my listing located at 3969 Hardie Avenue open tomorrow (Wednesday February 24th) from 12:00 to 2:00 pm. Stop in to see this one of a kind estate and have a bite to eat. Lunch will be catered by Perricone’s and dessert from pastry chef Brandon Malzahn. For more information on 3969 Hardie Avenue, click here.
Thanks to James Venney of Gibraltar Private Bank for catering our open house. James and I will be on hand to answer any of your real estate and mortgage questions.
Hope to see you there!
South Grove Is Outselling North Grove In 2010
February 22nd, 2010 | categories: Coconut Grove Real Estate
Taking a look at my boards this morning I noticed that there have been many more sales in the South Grove (7) than the North Grove (2) so far in 2010. Last year there were approximately the same number of sales in the North compared to the South Grove.
Many people have a firm opinion on whether they prefer North or South Coconut Grove. What are some of the differences? The North Grove is much closer to downtown Miami and could mean a 20 minute faster commute during rush hour. Some people also prefer the North for its larger lots and lush tree canopy.
In terms of size the South Grove is much larger and has more waterfront properties available. Most of the residential gated communities are located in South Grove. Some people feel that the South Grove is more “walkable” thanks to the Commodore Bike Trail along Main Highway. From personal experience, I can say that I used to live on Seminole Street in the North Grove and never once walked into town for dinner and now live in the South Grove and walk into town about 3 times a week.
Whatever your preference, both North and South Grove are great neighborhoods with wonderful homes.
Did You Receive Your Market Snapshot?
February 19th, 2010 | categories: Coconut Grove Real Estate
If you signed up last month for a customized Market Snapshot you should receive your new report within a week.
If you didn’t sign up you can do so by entering in your home address here.
Just as a reminder, the Market Snapshot offers the following information:
Here is a sample market snapshot:
3 Quick Sales In Coconut Grove
February 18th, 2010 | categories: Coconut Grove Video Updates
Please enable Javascript and Flash to view this Viddler video.3 Quick Sales Include:
- 3265 Coacoochee Street | Listed by Riley Smith with EWM Realtors.
- 4129 Park Avenue | Listed by Riley Smith with EWM Realtors.
- 4265 Braganza Avenue | Lisetd by Carole Smith with EWM Realtors.
As always, if you are interested in buying or selling real estate in Coconut Grove and are looking for an experienced agent please feel free to contact me at 305.342.1623 or send me a note here.
Real Estate Will Always Be A Good LONG TERM Investment
February 17th, 2010 | categories: Coconut Grove Real Estate
Despite the downturn in the market real estate remains a good long term investment. Take a look at the above chart taken from MSN Money.com which compares different investments over a 10 year period.
If you had $100,000 at the beginning of 2000 and invested in the Dow you would now have about $95,000. If you invested it in the S&P you would now have less than $80,000. And if you invested in the NASDAQ, you would have less than $60,000.
But if you took that same $100,000 and invested it in real estate in January of 2000, you would have over $150,000 in your pocket.
Real estate is and always will be a good long term investment.
If you are interested in buying or selling real estate in Coconut Grove and are looking for a realtor who specializes in the area, please contact me at 305.342.1623 or send me a note here.
The Moorings, February 2010 Market Update
February 16th, 2010 | categories: Coconut Grove Gated Communities
Update: Another new listing in The Moorings came on the market today, see pictures and information here.
3301 South Moorings Way | List Price: $14,900,000
Last month two new listings came on the market in the exclusive gated community of The Moorings. The first is a $14,900,000 waterfront property listed by Avatar and located at 3301 South Moorings Way. The home features 6 bedrooms 6 baths with 10,488 square feet on a 27,516 square foot lot with 153 of water frontage. The home was completed in 2007.
The second listing also came on the market in January but went under contract in 9 days. It was listed for land value at $1,289,000 with a lot size of 17,820 square feet. The address is 3400 South Moorings Way. Broker was Coldwell Banker.
3462 North Moorings Way | List Price: $$2,290,000
There are 3 other properties for sale in The Moorings. The first is 3462 North Moorings Way currently priced at $2,290,000. It has been on and off the market since 2008 and was originally priced at $2,997,000. The current owners purchased the home in 2005 for $2,500,000. Broker is GI Properties.
3835 North Moorings Court | List Price: $2,195,000
The second home still on the market is 3835 North Moorings Way which is priced at $2,195,000. This home has been partially completed and the builder/owner will complete the home to suit the buyer’s needs. It is a 2 story, classic french manor with 5 bedrooms, 4 baths on a 12,464 square foot lot. It has been on the market for about a year and was originally priced at $2,795,000. The owners purchased the land for $1,000,000 in 2006. Broker is EWM Realtors, Inc.
3885 South Moorings Court | List Price: $3,500,000
The last home on the market in The Moorings is located at 3885 South Moorings Court and priced at $3,500,000. It features 5 bedrooms, 5 baths on an 11,800 square foot lot with 6,288 square feet of living space. The broker is EWM Realtors.
Closed Sales In The Moorings
The two most recent sales in The Moorings were short sales. The first was 3570 South Moorings Way which sold for $3,700,000 and the second was 3574 South Moorings Way which sold for $1,010,000.
If you are looking for an experienced realtor who specializes in Coconut Grove please give me a call at 305.342.1623 or send me a note here.
Enjoy The Arts Festival This Weekend!
February 13th, 2010 | categories: Grove News
