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Archive for September, 2013

Hyatt Hotel Coming to Miami Beach

September 30th, 2013 Written By Carol Pawley

MIAMIBEACH HYATT

A new Hyatt hotel is coming to Miami beach. The hotel will feature 100 rooms. It will be located 1600 Collins Avenue across from the Loews. The city’s Historic Preservation Board signed off on the plan to tear down the rear of the  Tropical Gardens apartment building.

The  10-story hotel will be designed by architect Kobi Karp and construction is expected to begin soon.

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EWM is #1 in Total Sales of Million Dollar-Plus Residences in Miami-Dade County

September 27th, 2013 Written By Carol Pawley

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As the resurgence of South Florida’s high-end residential real estate market continues, EWM Realty International continues as Miami-Dade County’s number one brokerage in the sale of million-dollar plus properties for the 12-month period ending August 30, 2013, according to data from the Southeast Florida Regional Multiple Listing Service (MLS).

During the month of August, EWM reported 41 transactions in excess of one million dollars, compared to 31 transactions for the second-highest ranked brokerage and 18 transactions for the third ranked.

Year-on-year numbers, September 2012 through August 2013, EWM was number one with a total of 429 transactions in excess of one million dollars, compared to 336 and 283, respectively, for the second- and third- ranked brokerages.

“It is an astounding figure,” said EWM President & CEO Ron Shuffield.  “This level of sales reflects that our Associates have closed an average of more than one single-family home or condominium residence every 24 hours during this past year.  In addition, EWM has been a leading Realtor this year in the pre-sale of Miami-Dade’s newest luxury condos, most of which will be completed over the next 12 to 24 months. We are extremely proud of our associates and management and congratulate each one for the high-level of service that they are providing to our clients.”

EWM Realty is the exclusive affiliate of Christie’s International Real Estate for Miami-Dade and Broward counties, as well as a Berkshire Hathaway affiliate, which provides EWM access to thousands of real estate professionals across the globe.

“No doubt that our affiliation with Christie’s International Real Estate and our being a Berkshire Hathaway affiliate is a huge differentiator for our clients,” adds Shuffield.  “These are two of the most compelling and trusted brands in the world, and we are able to capitalize on their unique reach. It certainly affords us a unique advantage.”

*Orginally published by EWM Realty

I have been selling real estate for over 20 years. I specialize in the representation of both sellers and buyers in the Coral Gables area. I am presently ranked in the top ½ of 1% of realtors nationally. If you are thinking of selling, renting or buying, NOW is a great time to get into the market! If you’d like to consider your options, and learn how the current market affects your home value, please give me a call. 

Coral Gables Condos with Granada Golf Course Views Market Report

September 25th, 2013 Written By Carol Pawley

Below is a market report on sales activity for Coral Gables condos with Granada Golf Course views (Segovia Tower, Gables on the Green, Gables Bath Club, Granada Park & Avignon in the Gables) so far this year.

The properties with a * next to it were my listings.

granada golf course

-Data as of 9/24/13-
 
 
I keep up to date on the market. I make sure my clients are well informed so they make the best decisions when buying or selling their home. Please send me an email at carolapawley@gmail.com or call me at 305-992-6188 if you are interested in buying or selling a home in Miami or it’s surrounding areas. 

What’s My Home Worth?

September 23rd, 2013 Written By Carol Pawley

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Miami’s real estate market is back! In 2011 the median home and condo price in Miami-Dade was $115,000. Today the median price is $190,000, a 65% upsurge. The market is still not near the prices we saw in 2007, but it’s still improving. With the rising market, many homeowners are now curious to see what their homes are currently worth. If you are one of these owners and you’re interested in knowing what your house is worth, feel free to contact me and I would be delighted to prepare an analysis for you with no pressure.

Throughout the years I have helped many friends and clients purchase or sell property throughout Miami & the surrounding area.  If you are interested in purchasing or selling a home, please contact me as I can give some first-hand sound advice with no pressure.  Please send me an email at carolapawley@gmail.com or call me at  305-992-6188.
 
Click Here to Get Miami Real Estate and Beyond by Carol Pawley delivered by email

Versace Mansion Sold at Auction

September 18th, 2013 Written By Carol Pawley

Casa Casuarina - Gianni Versace’s Miami Mansion

The famous Versace mansion sold yesterday at auction for $41.5 million. The buyer was the Nakash family of Jordache jeans. They plan to convert the Mediterranean-style mansion into a hotel using the Versace name.Joe Nakash, the chairmain of Jordache Enterprises, said ” We bought history. We paid $41.5 million for it and it’s going to stay as it is.” They will approach the Versace family about licensing the name

The villa was originally listed for $125 million but went on the auction block after lenders foreclosed on owner Peter Loftin. The closed-door auction had only three bidders at the auction. Donald Trump, who is redeveloping an 800-acre golf course in Doral; Palm Beach Polo and Country Club owner Glenn Straub; and VM South Beach, owned by the Nakash family of Jordache jeans fame. The requirements of the auctioneer, Miami-based Fisher Auction Co., were a $3 million deposit placed in escrow and proof of at least $40 million in liquid assets.

The house was sold with the furnishings, stain glass and mosaic arranged in the eccentric, baroque style of Versace. Features include a 24-karat gold-lined swimming pool.

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Coral Gables Market Update Under $999,999

September 13th, 2013 Written By Carol Pawley

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Homes FOR SALE in August 2013 down 1.9% compared to last month.

 Homes UNDER CONTRACT in August 2013 down 14.6% compared to last month.

 Homes SOLD in August 2013 down 20% compared to last month.

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Average price per SqFt in August 2013 up 0.3% compared to last month

I keep up to date on the market. I make sure my clients are well informed so they make the best decisions when buying or selling their home. Please send me an email at carolapawley@gmail.com or call me at 305-992-6188 if you are interested in buying or selling a home in Miami or it’s surrounding areas.

Just Listed: Villa in 55+ Community!!!

September 12th, 2013 Written By Carol Pawley

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Just listed in Green Hills Park West, 16994 SW 112 Ct. 2 bedroom 2 bath villa with 1,240 sqft, prego floors, accordion shutters & enclosed porch. Needs TLC. Located in a 55+ community that features a clubhouse with game room, pool, shuffleboard and is security patrolled. Close to shopping restaurants and public transportation. Asking price $64,000.

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