Quick chat with our club’s Past-President and owner of Interbusiness Enterprises Joe Stephen…and no, the matching shirts was not planned :). Annually, our club hosts a golf tournament and its proceeds are used to provide scholarships to deserving students. The tournament is supported by cash donations from major sponsors, tee sponsors, etc.
Author: Mario Avalos
9811 NE 4 Avenue Road Miami Shores FL $600,000 (SOLD)
Property Details
- Transaction Type: Buyer Representation
- Address: 9811 NE 4 Avenue Rd.
- City, State and Zip: Miami Shores, FL 33138
- Asking Price: $625,000
- Short sale or foreclosure: no / no
- Type of property: Single family home
- Living size (sqft): 2,537
- Year built: 1948
- Beds, full baths and half baths: 3 / 2 / 0
- Water front or access: no / no
- Exterior walls: concrete
- Floor and pool: wood and ceramic/ no
- Heating and cooling: central / central
- Sewer: septic
What’s Up Around This Home?
https://twitter.com/rod_chrris/status/657942838899003392
Monthly Mortgage Payment at 4.5% interest rate, 30-year fixed, and purchase price of $625,000:
- Conventional loan with 20% down: $2,533
Need other mortgage scenarios? Mortgage Calculator
Local Schools:
Location:
Area Demographics:
- Average Income: $74,454
- Population: 28,212
- Owners vs Renters: 53% and 47%
Check out the latest Miami Shores 33138 Demographics Summary or Miami Shores 33138 Demographics Detailed analysis.
Nearest Rotary Clubs:
What’s Rotary? Neighbors, community leaders, and global citizens uniting for the common good. Learn more at Rotary.org
Questions? Call / Text 305.305.1535 or Email Me!
16095 SW 85 ST Kendall FL $379,000 (SOLD)
FHA VA OK! Ready to move in lakefront 2-story single family home with pool. Open kitchen layout w/ granite counter tops and ample cabinetry over seeing spacious family room. 20ft vaulted ceilings and open living/dining area with tile flooring throughout. Garage converted into in-laws quarter, easily reversible. Large master bedroom with in-suite (walk-in shower and spa-tub combination), walk-in closets, and balcony overseeing lake. Hurricane accordion shutters.
Video
Property Details:
- Address: 16095 SW 85 ST
- City, State and Zip: Miami, FL 33193
- Asking price for sale: $379,000
- Short sale or foreclosure: no / no
- Type of property: single family home
- Living and lot size (sqft): 2,454 / 6,855
- Year built: 1994
- Beds, full baths and half baths: 5 / 4
- Garage: 0
- Water front or access: yes / yes
- Exterior walls and roof: concrete / barrel
- Floor and pool: tile / yes
- Heating and cooling: central / central
- Sewer: municipal
What’s Up Around This Home?
Monthly Mortgage Payment at 4.5% interest rate, 30-year fixed, and purchase price of $379,000:
- Conventional loan with 10% down: $1,729
- Conventional loan with 20% down: $1,537
Need other mortgage scenarios? Mortgage Calculator
Local Schools:
Location:
Area Demographics:
- Average Income: $58,239
- Population: 45,662
- Owners vs Renters: 66% and 34%
Check out the latest Kendall 33193 Demographics Summary or Kendall 33193 Demographics Detailed analysis.
Nearest Rotary Clubs:
- Miami Kendall Rotary Club
- Miami Dadeland Pinecrest Rotary Club
- Perrine Cutler Ridge Palmetto Rotary Club
What’s Rotary? Neighbors, community leaders, and global citizens uniting for the common good. Learn more at Rotary.org
Questions? Call / Text 305.305.1535 or Email Me!
Prices Favor Sellers Despite Slight Inventory Increase
So how’s the market?
Well…it’s still a healthy seller’s market, but you are starting to see a very-very slow influx on properties. And I’ve noticed this as am helping several clients find their dream homes. Never the less (for home sellers under $2MM), if your house is priced right, it will sell in under 3 to 4 months. Property owners above $2MM, there is no reason why your home should not sell in less than 6 to 8 months.
Where is the opportunity for sellers?
If you are thinking of selling, now is the time considering you only have one to two months to find a buyer and get your home under contract. Once we get into late November and December, sales volume go down.
However, November and December are a double edge sword in terms of sales due to the fact that inventory significantly dwindles (less inventory = less competition). This means that buyers have much less housing to choose from. So from this angle, this benefits sellers.
Where is the opportunity for buyers?
Considering we are in a seller’s market, it’s a bit of an uphill. But here is the edge. Financing regulation continues to tighten up. In other words, the process to close a deal is not getting harder if you are getting a loan, but it will take a bit longer. So choosing the right lender that is able to close a transaction sooner than later gives you great advantage. So when shopping for a lender…among other questions, ask: how quickly can you close?
7351 SW 136 ST Pinecrest FL $850,000
Pinecrest home built in 1960, rebuilt in 2003. Open living/dining room areas. Spacious kitchen w/ granite counter tops, wood cabinetry,and ss appliances. Large master bedroom with walk in closets and en-suite. Hurricane impact windows. New tiled roof. New electrical and plumbing systems. New AC w/ electronic filters/double compressors. Updated bathrooms. Italian marble sills throughout. Newly surfaced pool beneath screened patio. Built-in stainless steel BBQ. Basketball court and exterior shed.
Video
Property Details:
- Address: 7351 SW 136 ST
- City, State and Zip:Pinecrest FL 33156
- Asking price for sale: $850,000
- Short sale or foreclosure: no / no
- Type of property: single family home
- Living and lot size (sqft): 2,390 / 15,290
- Year built: 1960
- Beds, full baths and half baths: 3 / 3
- Garage: 2
- Water front or access: no / no
- Exterior walls and roof: concrete / barrel
- Floor and pool: tile / yes
- Heating and cooling: central / central
- Sewer: municipal
What’s Up Around This Home?
Matheson Hammocks Park and Marina
Monthly Mortgage Payment at 4.5% interest rate, 30-year fixed, and purchase price of $850,000:
- Conventional loan with 10% down: $3,876.14
- Conventional loan with 20% down: $3,445.46
Need other mortgage scenarios? Mortgage Calculator
Local Schools:
Location:
Area Demographics:
- Average Income: $149,602
- Population: 31,564
- Owners vs Renters: 75% and 25%
Check out the latest Pinecrest 33156 Demographics Summary or Pinecrest 33156 Demographics Detailed analysis.
Nearest Rotary Clubs:
- Miami Kendall Rotary Club
- Miami Dadeland Pinecrest Rotary Club
- Perrine Cutler Ridge Palmetto Rotary Club
What’s Rotary? Neighbors, community leaders, and global citizens uniting for the common good. Learn more at Rotary.org
Questions? Call / Text 305.305.1535 or Email Me!
We Can’t Go Wrong On Father’s Day!
The one day out of the year us men (dads) can’t go wrong is around the corner. So go ahead. Have a beer and leave it on the sofa. Or take those shoes off and drop them in the center of the bedroom. You know what? Forget that honey-do-this list. It’s our do everything wrong, and it’ll be alright type of weekend.
Dads. Have a ball. Have a blast. Happy Father’s Day!
Mario Avalos 