7351 SW 136 ST Pinecrest FL $850,000

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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.

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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:

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!

 

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8912 SW 109 AVE Kendall FL $2,400 (RENTED)

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Ready to move in immaculate one-car garage town-home in East Kendall. Open kitchen layout with granite back-splash/counter tops and stainless steel appliances. Large master bedroom with walk in closets and master bathroom with dual sinks and shower/spa-tub combination. Tall ceilings, tiled flooring on first floor, carpet upstairs and spacious paved patio.

Property Details:

  • Address: 8912 SW 109 AVE
  • City, State and Zip: Kendall, FL 33176
  • Asking Price for rent: $2,300
  • Type of property: town-home
  • Living and lot size (sqft): 1,430 / 1,810
  • Year built: 2000
  • Beds, full baths and half baths: 3 / 2 / 1
  • Garage: 1
  • Water front or access: no / no
  • Exterior walls and roof: concrete / barrel
  • Floor and pool: ceramic, tile / no
  • Heating and cooling: central / central
  • Sewer: municipal

What’s Up Around This Home?

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Local Schools:

Location:

 

Area Demographics:

  • Average Income: $90,494
  • Population: 46,932
  • Owners vs Renters: 76% and 24%

Check out the latest Kendall 33176 Demographic Summary or Kendall 33176 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!

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5631 SW 67 Ave South Miami FL $2,500 (RENTED)

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Updated single family home in the heart of South Miami. New roof. New plumbing. New electricity. New windows. New AC.  Brilliant-shined terrazzo flooring. Extra-large lot with extra-large shed. Open living-dining room layout.  Spacious kitchen with plenty of cabinetry overseeing large breakfast area. Wood flooring in master bedroom with double closets and contemporary-styled bathroom. Septic tank.

Virtual Tour

 

Property Details:

  • Transaction Type: Landlord Representation
  • Address: 5631 SW 67 Ave
  • City, State and Zip: South Miami, FL 33143
  • Asking Price for rent: $2,500
  • Type of property: single family home
  • Living and lot size (sqft): 1,219 / 13,068
  • Year built: 1952
  • Beds, full baths and half baths: 3 / 2
  • Garage: 0
  • Water front or access: no / no
  • Exterior walls and roof: concrete / shingle
  • Floor and pool: terrazzo and wood/ no
  • Heating and cooling: central / central
  • Sewer: septic

What’s Up Around This Home?

 

Local Schools:

Location:

 

Area Demographics:

  • Average Income: $94,316
  • Population: 31,987
  • Owners vs Renters: 64% and 36%

Check out the latest South Miami 33143 Demographics Summary or South Miami 33143 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!

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Home Prices Spike. And There Are No Homes For Sale!

It’s a seller’s market throughout Miami as prices get hot during the first quarter of 2015. Quite a turn around from the later half of 2014.  Why the rebound? Foreclosures are no where to be seen and equity sellers (regular home owners like you and I) are gripping to their homes with vengeance reclaiming what they had lost in value since the real estate crisis.

This lack of inventory is giving buyers little to choose from and even lesser price negotiation leverage.  Sellers are literally getting away with murder by asking what they want for their home, and getting it.

Average Sold Price Miami Florida 2015

What’s the outlook? If you ask a seller, bright. If you’re asking a buyer, it sucks. The foreclosure market is expected to continue to dwindle.  The economy is expected to continue to improve.  And as long as home price appreciation meets or exceeds  the cost for home owners to hold onto their properties, the expectation is that they’ll wait “a bit longer” to sell.

What was the average home worth in 2010 vs now is 2015? See below graph.

average single family price miami

How long are single family homes staying in the market until they are sold? See below graph.

days on market single family home miami

What type of sales are dominating your neighborhood? See below graph.

type of single family home sale in miami

15968 SW 148 Terr Kendall FL $380,000 (SOLD)

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Updated two-storied single family home in Corsica. Open kitchen layout w/ granite counter tops, wood cabinetry, stainless steel appliances, and breakfast island overseeing family room. Vast master bedroom with sitting/office area, double walk-in closets, and master bathroom with separate sinks, walk-in shower and spa-tub. Updated bathrooms and spacious bedrooms with ample closet space. Tiled / wood laminate flooring. Pool, two-car garage, and hurricane shutters. Summer kitchen and covered patio.

Property Details:

  • Transaction Type: Seller Representation
  • Address: 15968 SW 148 Terr
  • City, State and Zip: Kendall FL 33196
  • Asking price for sale/ for rent: $380,000 / $2,700
  • Short sale or foreclosure: no / no
  • Type of property: single family home
  • Living and lot size (sqft): 2,646 / 6,107
  • Year built: 1998
  • Beds, full baths and half baths: 4 / 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?

Monthly Mortgage Payment at 4.5% interest rate, 30-year fixed, and purchase price of $380,000:

  • FHA loan with 3.5% down: $1,858
  • Conventional loan with 5% down: $1,829
  • Conventional loan with 10% down: $1,733
  • Conventional loan with 20% down: $1,540

Need other mortgage scenarios? Mortgage Calculator

Local Schools:

Location:

Area Demographics:

  • Average Income: $71,059
  • Population: 44,031
  • Owners vs Renters: 74% and 26%

Check out the latest Kendall 33196 Demographics Summary or Kendall 33196 Demographics Detailed analysis 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!

 

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7900 SW 102 PL Miami FL $250,000 (SOLD)

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FHA/VA OK! Ready to move in canal-front and corner town-home in the heart of Kendall. Open living and dining room layout with tiled flooring, 4-inch baseboards, and extra large sliding glass doors.  Open kitchen layout with granite counter tops, stainless steel appliances, and hanging exhaust vent above cook-top.  Updated bathrooms and brand new AC. Spacious patio leading to common lawn area and canal, excellent for pets. Hurricane impact windows. Gated car-port in addition to driveway and guest parking.

Property Details:

  • Transaction Type: Seller Representation
  • Address: 7900 SW 102 PL
  • City, State and Zip: Miami, FL 33173
  • Asking Price for sale: $250,000
  • Short sale or foreclosure: no / no
  • Type of property: townhouse
  • Living size (sqft): 1,320
  • Year built: 1970
  • Beds, full baths and half baths: 3 / 2 / 1
  • Garage: 0
  • Water front or access: yes / yes
  • Exterior walls and roof: concrete / shingle
  • Floor and pool: carpet, tile / no
  • 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 $250,000:

  • FHA loan with 3.5% down: $1,222
  • Conventional loan with 5% down: $1,203
  • Conventional loan with 10% down: $1,140
  • Conventional loan with 20% down: $1,013

Need other mortgage scenarios? Mortgage Calculator

Local Schools:

Location:

 

Area Demographics:

  • Average Income: $70,298
  • Population: 36,626
  • Owners vs Renters: 68% and 32%

Check out the latest Kendall 33173 Demographic Summary or Kendall 33173 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!

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