Pinecrest, FL Real Estate News

By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Most folks have no idea what a Mamey is, so let me introduce you to one of the most delicious fruits I know.  The only place in the United States the Mamey (Mamey Sapote) is grown is in Miami-Dade County, it’s a tropical tree.  It is believed the seed was introduced to the U.S. by the Cubans in the 19th century.  This is a very large tree, about the size of a Magnolia tree; the fruit grows directly on the branches, no stems.  This is the only tree I know of where you can see three seasons’ growth on it at the same time.  The fruit takes more than a year to mature on the tree.  In September you can see the mature fruit ready for picking, immature fruit which won’t be ready for another year and the flowers which won’t be mature fruit for 2 more years.  I just took this picture showing the...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Are You Planning To Sell Your Home?    Your timing couldn’t be better!   Pinecrest 2013 Mid-Year Market Report   ê $787,500                       é Up 11.3%        ♦ 68 Average Median Sales Price           From Last Year     Days on Market   The market has improved; this means Sellers are in the best position they’ve been in years to get top dollar.   Take the first step  ●  Let’s meet and talk  ●  No pressure   Contact Me Today!  
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Vacation time is here!  But before you leave your Pinecrest home, please think about the following:   First of all, don’t go announcing your vacation plans on social media sites such as Facebook, Twitter, Foursquare, etc   Do not keep jewelry or other valuables in the house, preferably while you’re out of town they should be in a safe deposit box.   Let a good neighbor, friend or family member know what your vacation plans are and how to reach you in case of an emergency.   Give that person a key to the house and written instructions on how to turn your security system on and off.   Have this person pick up your mail and newspapers and also have them enter your house every few days to make sure there are no plumbing leaks, odd smells, etc.   Use programmable light timers inside to estab...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest Florida Real Estate Sales Transactions   The Village of Pinecrest Florida is a beautiful eight square mile city within Miami-Dade County.     2013 Homes Sold Lowest Sales Price Highest Sales Price Median Sold Price Homes For Sale Homes Under Contract Months Of Inventory Jan 11 $305,000 $2,100,000 $550,000 115 36 10 Feb 12 $560,000 $2,810,000 $1,554,750 131 41 11 Mar 11 $510,000 $3,800,000 $735,000 129 59 12 April 25 $390,000 $2,240,000 $736,000 130 64 5 May 30 $450,000 $3,000,000 $841,000 126 60 4 June 28 $395,000 $2,675,000 $762,500 127 52 5   For your Free Market Analysis in Pinecrest ~ give me a call.    
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
There will be July 4th 2013 Fireworks close to Pinecrest -  just down the road at Black Point Marina in Cutler Bay.  This is a wonderful fireworks show; I know, I have been to it many times!  Do Come Early; there will be no entering or exiting the park during the show.  Bring your family, friends, games and grill to enjoy a cook-out or you can plan to eat at the Ocean Grill Restaurant in the marina.  You can also come by boat to view the 4th of July Fireworks – now that is special!   A Coast Guard flyover is scheduled for 7:00 p.m. and fireworks at 9:00 p.m.   Black Point Marina is located at 24775 SW 87th Avenue in Cutler Bay, Florida This is a Free Event with Free Parking
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Our sweet delicious juicy mangoes are ready.  As I was previewing properties in Pinecrest this week I drove by seven mango stands in front of private homes; and it was a weekday.  Folks put the mangoes on tables or in wagons for you to pick the ones you like, some even put out bags for you to put them in.  And if no one is at the stand when you get there you will find a container to leave your money in. Prices are all over the place, I saw a stand selling big beautiful mangoes for 40 cents each and then I saw a lady selling hers’ for $1.50 each – she must have some really special mangoes!    Did you know that there are several hundred varieties of mangos?  My favorite locally grown varieties are the Haden and Tommy Atkin.  I love mango milkshakes, like the ones they make in the Latin re...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
 Pinecrest Florida Real Estate Sales Transactions The Village of Pinecrest Florida is a beautiful eight square mile city within Miami-Dade County.     2013 Homes Sold Lowest Sales Price Highest Sales Price Median Sold Price Homes For Sale Homes Under Contract Months Of Inventory Jan 11 $305,000 $2,100,000 $550,000 115 36 10 Feb 12 $560,000 $2,810,000 $1,554,750 131 41 11 Mar 11 $510,000 $3,800,000 $735,000 129 59 12 April 25 $390,000 $2,240,000 $736,000 130 64 5 May 30 $450,000 $3,000,000 $841,000 126 60 4   Over the years I have always heard, "The upper tier market is the last to hurt and the first to recover".  Well I truly feel we, here in Pinecrest, have turned the corner and are recovering.  Prices are ticking up and inventory is falling - an excellent sign of a strong market.   Fo...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
  The Village of Pinecrest is still working on having its own dog park.  Pinecrest is now considering buying the old horse farm property on the corner of 72nd Avenue and 96th Street to develop that land into a dog park.  I remember quite often pulling off the road to park and watch the horses graze there; the horses have been gone for a few years now and the land sits there empty.    Pinecrest parks are very nice, well-kept and are frequently used; the addition of a Dog Park to the Pinecrest park system I feel will be an asset to the community and a wonderful meeting place.        
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest Florida Real Estate Sales Transactions The Village of Pinecrest Florida is a beautiful eight square mile city within Miami-Dade County.     2013 Homes Sold Lowest Sales Price Highest Sales Price Median Sold Price Homes For Sale Homes Under Contract Months Of Inventory Jan 11 $305,000 $2,100,000 $550,000 115 36 10 Feb 12 $560,000 $2,810,000 $1,554,750 131 41 11 Mar 11 $510,000 $3,800,000 $735,000 129 59 12 April 25 $390,000 $2,240,000 $736,000 130 64 5   For your Free Market Analysis in Pinecrest ~ give me a call.    
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
  Pinecrest Real Estate – First Quarter   2012 2013 Change # of Homes Sold 38 34 -4 Median Sales Price $667,500 $825,000 + 23.6 % Median Sold Sq. Ft. Price $205.45 $251.50 + 22.4 % Average Days on Market 147 153 + 6 If you would like to sell within the next 6 months – what a wonderful time to put your property on the market! Inventory levels in Pinecrest are under 6 months and interest rates are at historic lows. If you want to know what your property is worth today – just give me a call.  
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest Florida Real Estate Sales Transactions The Village of Pinecrest Florida is a beautiful eight square mile city within Miami-Dade County.     2013 Homes Sold Lowest Sales Price Highest Sales Price Median Sold Price Homes For Sale Homes Under Contract Months Of Inventory Jan 11 $305,000 $2,100,000 $550,000 115 36 10 Feb 12 $560,000 $2,810,000 $1,554,750 131 41 11 Mar 11 $510,000 $3,800,000 $735,000 129 59 12   For your Free Market Analysis in Pinecrest ~ give me a call.    
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Below is a seven-year history of key real estate statistics for the Pinecrest Florida real estate market, the market in which I specialize in.     People are buying; 217 listed single family homes sold in Pinecrest in 2012.  Homes are selling - they just have to be priced right for the location and condition. In 2012 closed sale prices ranged from $220,000 to $4,500,000.  The average sales price of a Pinecrest single family home in 2012 was $972,970; that is up almost 4% form 2011.  70% of the Pinecrest single family homes sold for under one million dollars, 30% for over, same as last year.Of the 217 properties sold, 19 were short sales, selling from $242,000 to $750,000; 9 were foreclosed properties selling from $425,327 - $2,250,000.  13% of the Pinecrest sales were distressed sales ...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest 2012 Real Estate Market Report     2012 Homes Sold Lowest Sales Price Highest Sales Price Homes For Sale Months Of Inventory Jan 14 $348,500 $1,800,000 152 11 Feb 13 $438,950 $1,715,000 157 12 Mar 11 $395,000 $  874,000 168 15 April 14 $267,000 $2,110,000 149 11 May 28 $242,000 $2,637,500 148 5 June 24 $425,000 $2,625,000 137 6 July 19 $280,000 $2,250,000 134 7 Aug 20 $290,000 $3,000,000 121 6 Sept 8 $220,000 $2,161,500 112 14 Oct 24 $300,000 $4,500,000 112 5 Nov 22 $465,000 $4,300,000 110 5 Dec 19 $400,000 $3,200,000 113 6   Our market has bounced back!  Although many factors affect pricing, inventory is key.  A balanced market will have 5-6 months of inventory, less than that the market is appreciating, more its depreciation.  Inventory in Pinecrest was once at a high of 31 ...
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By Captain Wayne - Rowlett Real Estate School, Rowlett Real Estate School / Owner and Instructor
(Rowlett Real Estate School)
Getting your real estate license in Pinecrest FL can be achieved with our Online real estate School License course.  Rowlett Real Estate School is the leading Pinecrest Florida Real Estate School with fully accredited, State approved Florida Online real estate courses to help you get your real estate license in Pinecrest, FL. Visit our website and see for yourself at www.rowlettrealetateschool.com .  Our passing rate for the Florida Real Estate Exam is unsurpassed by any other course provider.  If you would like for Captain Wayne to speak with you about getting your real estate license in Pinecrest, give him a call at 850-547-1333.  Pinecrest Florida is a great place to begin a career in real estate and choosing a Pinecrest Florida Real Estate School is an important choice to make.  Row...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest Florida Real Estate Sales Transactions The Village of Pinecrest Florida is a beautiful eight square mile city within Miami-Dade County.     2012 Homes Sold Lowest Sales Price Highest Sales Price Median Sold Price Homes For Sale Homes Under Contract Months Of Inventory Jan 14 $348,500 $1,800,000 $657,500 152 38 11 Feb 13 $438,950 $1,715,000 $715,000 157 41 12 Mar 11 $395,000 $  874,000 $585,000 168 47 15 April 14 $267,000 $2,110,000 $717,500 149 59 11 May 28 $242,000 $2,637,500 $749,500 148 49 5 June 24 $425,000 $2,625,000 $702,500 137 53 6 July 19 $280,000 $2,250,000 $815,000 134 46 7 Aug 20 $290,000 $3,000,000 $825,000 121 44 6 Sept 8 $220,000 $2,161,500 $575,000 112 56 14 Oct 23 $300,000 $4,500,000 $700,000 112 56 5 Nov 22 $465,000 $4,300,000 $875,000 110 51 5   For your Fre...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest Gardens 46 Nights of Lights 11000 Red Road, Pinecrest Florida Thru January 6th from 6:00 p.m. – 10:00 p.m. $5.00 Admission; Children under 2 Free              Last night I went over to Pinecrest Gardens to see the holiday display.  The gardens all lit up are absolutely beautiful – gorgeous!  This is a wonderful event to enjoy with the entire family and out of town guests.  The lighting displays makes the gardens look so romantic; a great date night idea.   I see this becoming an annual tradition.    
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By JM Padron, CCIM, CCP, CCIM, CCP, International Commercial Broker
(THE JMTEAM NETWORK)
Commissioner Lynda BellDistrict 8Stephen P. Clark Center111 N.W. 1st Street, Suite 220Miami, Florida 33128   Ref.: Miami Gardens Commons Hearing 11-27-2012     Dear Mrs. Bell,   I just wanted to thank you for your wise comment during the hearing yesterday. I am so frustrated after two (2) years battling to be able to get this building going by having the ITT institute as an anchor. Commissioner Jordan does not have a clue of the importance of this approval, this will cause a group of investors to walk away, since they were going to invest good money subject to the ITT approval. Now these investors and believe me all of my investors will go to Broward and Pal Beach Counties. I would not advise any of them to invest one penny in Miami-Dade.   I really felt yesterday like if I was in a Ba...
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By Catherine C Capasso, Cottage or Castle, What's Your Dream!
(Catherine Cornelia Real Estate)
This home has unique features. Built in 1958, only one family owned it so it was maintained and not 'renovated' in the 70's when a lot of shortcuts were taken. The wall and ceiling are Florida cypress and the floors are the high end terrazo marble.  I looked at CMA's from three realtors, studied the listings and solds on HotPads, Trulia, Zillow and Realtor.com to come up with the list price for the home, taking into consideration the location, the need for updates and a for sale by owner position. I priced the property to sell and possibly get multiple offers, which it did. I listed the property on HotPads, Trulia and Zillow eight days before the first appointment would be scheduled. I had two appointments within 24 hours. We passed out 100 invitations to the neighbors for a wine & che...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest Florida Real Estate Sales Transactions The Village of Pinecrest Florida is a beautiful eight square mile city within Miami-Dade County.   2012 Homes Sold Lowest Sales Price Highest Sales Price Median Sold Price Homes For Sale Homes Under Contract Months Of Inventory Jan 14 $348,500 $1,800,000 $657,500 152 38 11 Feb 13 $438,950 $1,715,000 $715,000 157 41 12 Mar 11 $395,000 $874,000 $585,000 168 47 15 April 14 $267,000 $2,110,000 $1,500,000 149 59 11 May 27 $242,000 $2,550,000 $729,000 148 49 5 June 23 $425,000 $2,625,000 $745,000 137 53 6 July 19 $280,000 $2,250,000 $777,500 134 46 7 Aug 20 $290,000 $3,000,000 $783,000 121 44 6 Sept 8 $220,000 $2,161,500 $575,000 112 56 14 Oct 21 $300,000 $4,500,000 $720,000 112 56 5 For your Free Market Analysis in Pinecrest ~ give me a call.  
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By Catherine C Capasso, Cottage or Castle, What's Your Dream!
(Catherine Cornelia Real Estate)
  I am greeted with surprise when I tell of my experience in selling my father-in-laws home in Pinecrest, FL - listed, sold and under contract with a back up buyer in 12 days. It shouldn't really be a surprise since I did my homework before listing the home. I am Principal Broker of Catherine Cornelia Real Estate in New York. I started my real estate career working with ITT Community Development Corporation in the NY office and was licensed to sell Palm Coast, FL in New York, New Jersey and Connecticut. I am familiar with marketing Florida properties and we decided to offer this home as a for sale by owner and I handled the negotiations as the family representative.  How did we accomplish this goal in less than two weeks? Stay tuned. Part 2 up next.
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