pinecrest

Proud Sponsor Rotary Golf For Scholarships 2016

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Rotary Golf Classic 2016 was held at the Biltmore Hotel during the month of February.  Proceeds raised benefit Miami resident high school students transitioning into college. This event is hosted annually and attracts about 200 golf players that get to enjoy breakfast, an 18 hole game, and an auction-luncheon.  We give because I also benefited from these type of funds in order to get my degree in Finance. And I encourage you, in one way or another, to get involved!

More event pictures and details can be found at rotarypinecrest.org.

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Questions about this event or how to get involved for our 2017 event, call or text me at (305) 305 1535.

7351 SW 136 ST Pinecrest FL $850,000

Mario AvalosLeave a comment

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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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Pinecrest Rotary Golf Tournament Proud Sponsor

Mario AvalosLeave a comment

pinecrest rotary gold tournament 2015

Rotary Golf Classic 2015 was held at the Biltmore Hotel during the month of February.  Proceeds raised benefit Miami resident high school students transitioning into college. This event is hosted annually and attracts about 200 golf players that get to enjoy breakfast, an 18 hole game, and an auction-luncheon.  More details can be found at rotarypinecrest.org.

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

Mario AvalosLeave a comment

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