Tag Archives: Coconut Grove Expert

1630 SW 14 Terrace, Shenandoah | Built in 1938

1630 SW 14 TE. EXTERIOR - Copy The year is 1938 and so much has changed since this time. The average cost of a new home was $3,900; wages were $1,730 per year and a family car was $763. The gas to run the car was mere pennies.

In this year, Miami welcomed the first drive-in movie theater.The entrance charge was 35 Cents.The overseas highway to Key West was opened in this year.

Ah 1938, that was the year!

During this time of years gone by 1630 SW Terrace in Miami was originally built. Just imagine the history behind this humble dwelling. Envisage what she has seen (oh those hurricanes that come our way!) and the families that have called her home.

This home stood firm… Amazing!

1630 SW 14 TE. Living Room - CopyWe recently had the pleasure of listing this completely renovated home, located in the Shenandoah neighborhood, for sale. This property offers 2 bedrooms and 1 bathroom. Interior features of this historic abode include:

  • 1,058 Square Feet
  • Single attached garage
  • Fully functioning fireplace
  • Wood floors

1630 SW 14 Te. Kitchen - CopyIncluding in the “New” list are the following items:

  • New bathroom
  • New plumbing and electrical wiring
  • New air conditioning
  • New roof
  • New Impact windows and doors.  The kitchen includes porcelain floors, new wood cabinets, granite countertops and modern day stainless steel appliances.

1630 SW 14 TE.Miami Bathroom - Copy

This shingle roof, one story home offers one car garage.  The exterior gardens include local tropical fruit trees.

Shenandoah is situated next to Coconut Grove and the City of Coral Gables. This home, located at 1630 SW 14 Terrace is an easy commute to downtown Miami.

Children receive their education at Coral Way Elementary School, Shenandoah Middle School, and Miami Senior High Schools.

So, dear reader, if residing in a home with such history is appealing kindly contact Daniel Gonzalez at 786.663.0906.

Beacon Harbour #301 (How does it compare to Grovenor House, Ritz Carlton, Residences at Vizcaya, Grove at Grand Bay?)

Beacon Harbour Condo #301

Coconut Grove, 33133

 

1660 W Glencoe (Exterior)

 

*List Price…$2,395,000

4 Bedrooms/ 4 Bathrooms (3,812 sq ft under air)

Built 2004

* List Price includes 62 foot deeded slip and 3 Covered Parking Spaces)

Boat Slip Value (seen w/ blue Sunseeker in photo)…$9,000/foot x 62 feet=$558,000

 

$2,395,000 (List Price)

                              -$558,000_(Boat Slip Value)______

$1,837,000 value of Beacon Harbour #301 w/out Boat Slip ($481/sq foot)

 

Compare $481/sq foot to other high end Coconut Grove available condo listings:

Grovenor House…$916-$1282/sq foot (No boat slips)

Grove at Grand Bay…$852-$1,020/sq foot (No boat slips)

Residences at Vizcaya…(next door)…$705-$853/sq foot

Ritz Carlton…$676-$720/sq foot (No boat slips)

 

ShowcaseMiami Realty specializes in assisting homeowners to Sell their Miami home.

Jason Smith (Broker)

Miami Realtor

Miami Listing Agent

ShowcaseMiami Realty

www.ShowcaseMiami.com

786-326-8115

 

 

Catered Brokers Open (with Live Music) in Coconut Grove…(Wednesday 12-2pm)

Brokers Open House

Catering by Baguette Box

Wednesday, May 15 (12pm-2pm)

1660 W Glencoe (Exterior)
Beacon Harbour
1660 W Glencoe Street, #301
Miami, FL 33133
$2,395,000

Built: 2004
Beds: 4
Baths: 4
Sqft: 3,812

Magnificent Coconut Grove luxury condo includes deeded 62′ X 22′ boat slip.  Beacon Harbour condominium is a boutique building with spectacular views of Biscayne Bay!   This intimate building has 10 luxury residences.   The advantage of such an intimate community is a peaceful, private living experience. Amenities include a generous lap pool, gym with dramatic water views and trained security/concierge to cater to residents’ needs when in residence and when traveling.  Show this waterfront home with confidence.

1660 W Glencoe (View3)

 

Vegetables

 

Avanzato Singing

 

Fruit and Cheese Platter

 

1660 W Glencoe (Kitchen)

 

1660 W Glencoe (Pool)

 

1660 W Glencoe (Dining Room)

 

ShowcaseMiami Realty specializes in assisting homeowners to Sell their Miami home.

Jason Smith (Broker)

Miami Realtor

Miami Listing Agent

ShowcaseMiami Realty

www.ShowcaseMiami.com

786-326-8115

Just SOLD in Coconut Grove’s Yacht Harbour Condo…$649,000

JUST SOLD in Yacht Harbour

Unit 13 G/H

Sold for $649,000

2901 Bayshore Dr, Unit 13-G/H

Coconut Grove, FL 33133

2901 (Yacht Harbour)

Bedrooms: 2

Baths: 2

Living Area: 3,512sq ft

MLS A1707133

 Property Description:

Redesigned 3,512 square feet 2/2 corner unit (13G+H) at fabulous Yacht Harbour overlooking Biscayne Bay in Coconut Grove.  Features huge heated pool, 2 tennis courts, gym, sauna, covered garage, valet service,  24hr concierge/ security.  Combined units have entrance foyer, large office, two large bedrooms, walk-in closets, built-in bookcases/cabinets, accordion shutters and over 60 linear feet of balcony.  Views of Biscayne Bay & Key Biscayne from 2 bedrooms/living room on north side of building.

 

Jason’s Commentary:

This was a challenging sale.  First of all, the unit was a very large 2-Bedroom unit (many buyers who considered it sought a 3 Bedroom with this square footage and price).  On a per square foot basis, this Coconut Grove unit was priced very attractively at $200/sq foot (versus $800-$1,000 for newer condos in the Grove).  Our challenge in marketing this Miami condo was that the building was slated to undergo renovations for the 40 year re-certification over the following 18 months.   This unit was assessed a $105,000 assessment.  In our negotiations, Buyer and Seller were very astute.  Buyer recognized that $200/sq foot was an outstanding value for a condo of this size in this Coconut Grove location.  Seller recognized that the $105,000 assessment was an intimidating hurdle for any Buyer to contend with (even at the attractive $699,000 list price).

Ultimately,  Buyer and Seller agreed to split the cost of the assessment equally between them.  Buyer offered full price for the unit.

2901 View 2901 Kitchen

2901 Living Room

ShowcaseMiami Realty specializes in assisting homeowners to Sell their Miami home.

Jason Smith (Broker)

Miami Realtor

Miami Listing Agent

ShowcaseMiami Realty

www.ShowcaseMiami.com

786-326-8115

 

Buyers Seeking a 3 Bedroom Unit in Gables Club or Ritz Carlton Condo ($900,000 to $1.3 million)

We have been working with a young family interested in purchasing a Gables Club or Ritz Carlton condo.  However, nothing that matches their needs is currently on the market.  If you (or anyone you know) lives in Miami’s Gables Club Condo or The Residences at Ritz Carlton in Coconut Grove, please contact Jason Smith at 786-326-8115 to discuss a possible offer on your unit.

Buyer’s search criteria:

  • 3 Bedrooms
  • 6th Floor or Higher
  • Water View
  • $900,000-$1.3 million (depending on updates)

Ritz Carlton

Gablesclub2

ShowcaseMiami Realty specializes in assisting homeowners to Sell their Miami home.

Jason Smith (Broker)

Miami Realtor

Miami Listing Agent

ShowcaseMiami Realty

www.ShowcaseMiami.com

786-326-8115

 

ShowcaseMiami Realty Welcomes Tony Scornavacca!

 

ShowcaseMiami Realty

 Welcomes 

 

273

Tony Scornavacca

Broker-Associate

305-283-7112 Cell

Tony Scornavacca, Jr. has been in the real estate business since 1986.  He is the former owner of Tigertail Realty.

His specialty is residential property in Coconut Grove and Coral Gables.

Tony is a father of two.  His hobbies are painting, little league football coaching,  and competing on TV game shows such as The Wheel of Fortune, The Price Is Right and Let’s Make A Deal.

Welcome Aboard Tony!

ShowcaseMiami Realty specializes in assisting homeowners to Sell their Miami home.

Jason Smith (Broker)

Miami Realtor

Miami Listing Agent

ShowcaseMiami Realty

www.ShowcaseMiami.com

786-326-8115

 

Just Listed in Coconut Grove…Open House Sunday, Feb 24th (2-5pm)

4181 Lybyer (Exterior Front 2)

 

4181 Lybyer Avenue

Coconut Grove, FL 33133

 

Bedrooms:  4

Baths:  3.5

2 Car Garage

Pool and Jacuzzi

Sq.ft: 3,204

MLS A1751809

List Price: $1.175 Million

 

Immaculate newer construction home in Coconut Grove. This 2-story Masterpiece boasts soaring ceilings and many windows that bring in beautiful natural light. The home showcases magnificent finishes including: Marble, Granite and Wood. Magnificent master suite overlooks the private pool/jacuzzi deck. Bonus…one bedroom and bathroom downstairs. Open eat-in kitchen area flows through French doors to a natural pool sanctuary. Ideal for entertaining & relaxing. Show with confidence. 2 car garage.

4181 Lybyer (Living Room)

 4181 Lybyer (Kitchen)

 

4181 Lybyer (Master Bedroom)

 

4181 Lybyer (Exterior Back)

 

4181 Lybyer (Master Bath)

 

4181 Lybyer (Dining Room)

 

ShowcaseMiami Realty specializes in assisting homeowners to Sell their Miami home.

Jason Smith (Broker)

Miami Realtor

Miami Listing Agent

ShowcaseMiami Realty

www.ShowcaseMiami.com

786-326-8115

 

19 Reasons to Make an Offer today (Yacht Harbour #13 G/H in Coconut Grove)…

Outstanding Value!!

Offered at $699,000 ($199/sq foot)

3,512 sq feet of interior space (plus balconies)

2901 S. Bayshore Drive

#13 G/H (2 combined units)

Coconut Grove, FL 33133

Yacht Harbour Condo in Coconut Grove

19 Reasons to Make an Offer today for Yacht Harbour #13 G/H…

 

1)  Yacht Harbour #13 G/H was designed by renowned designer Robert Altman

2)  Absolute Best Location within Coconut Grove…It is an easy 2 block stroll to Cocowalk Restaurants, movie theaters, Peacock Park on the Bay & Dinner Key Marina.

3)  At $199/sq foot, it is one third the price of a new construction condo that is being developed a few blocks away.

4)  Yacht Harbour Condo is situated on an expansive property  in this prime location which helps to showcase the common areas.

5)   The Yacht Harbour pool is one of the largest in Coconut Grove.

6)  24 Hour Security

7) 24 Hour Concierge

8) 24 Hour Complimentary Valet

9)  Yacht Harbour Condo has very little employee turnover.  This is a benefit to an owner in Yacht Harbour because the staff knows the property and its residents intimately.

10) 3,512 sq/ft (2 units combined)

11) Corner unit (13G+H)

12) Views of Biscayne Bay in Coconut Grove

13)  2 lighted tennis courts

14)  Gym

15)  Sauna

16)  Covered garage

17)  Walk-in closets

18)  Accordion Hurricane Shutters throughout

19)  Over 60 linear feet of balcony for relaxing or entertaining

 
Photo of Cocowalk Restaurants (2 blocks from Yacht Harbour condo)
Photo of Cocowalk Restaurants (2 blocks from Yacht Harbour condo)
Yacht Harbour Condo in Coconut Grove
Yacht Harbour Condo in Coconut Grove
Yacht Harbour Condo in Coconut Grove
Yacht Harbour Condo in Coconut Grove
Yacht Harbour Condo in Coconut Grove
Yacht Harbour Condo in Coconut Grove
Yacht Harbour Condo in Coconut Grove
Yacht Harbour Condo in Coconut Grove
Yacht Harbour Condo in Coconut Grove
Yacht Harbour Condo in Coconut Grove
Yacht Harbour Condo in Coconut Grove
Yacht Harbour Condo in Coconut Grove
Yacht Harbour Condo in Coconut Grove
Yacht Harbour Condo in Coconut Grove
Yacht Harbour Condo in Coconut Grove
Yacht Harbour Condo in Coconut Grove
Yacht Harbour Condo in Coconut Grove
Yacht Harbour Condo in Coconut Grove

 

 

ShowcaseMiami Realty specializes in assisting homeowners to Sell their Miami home.

(Highest price in the Shortest period of time)

Jason Smith

Broker

Miami Realtor

Miami Listing Agent

ShowcaseMiami Realty

www.ShowcaseMiami.com

786-326-8115

 

5 Insights on Miami foreclosure from the Lender’s Perspective…

Phone call last week with a lender foreclosing on a Miami condo…

Last week I had a follow-up conversation with a small independent banker in Colorado whose bank is going through the foreclosure process with a condo in Miami.  We will be listing the property for sale with ShowcaseMiami Realty as a Miami foreclosure/REO/Bank owned property when his bank regains possession of this Miami condo.

It was an interesting conversation because so often, as Miami Short Sale Specialists, ShowcaseMiami Realty represents the interests of Sellers who are at risk of foreclosure (not their lenders).

 

Here was his feedback from a lender’s perspective…

1)  He said that the process is very one-sided (in favor of the borrower)

2)  In this situation, the Miami borrower has not made a mortgage payment in 2 years.

3)  His bank has been paying their attorneys to try and foreclose on the Miami condo for over one year.  As is often the case, the borrower has her own attorney working to extend the foreclosure process.

4)  The banker says that a foreclosure generally costs his bank $5,000 in attorneys fees.  Today, he says, the cost for a bank to foreclose is $15,000-$20,000 as a result of the delays imposed by borrowers.

5)  The banker says that his bank is “losing their shorts” already on this Miami loan.  The additional time, attorneys fees & deferred maintenance of this Miami condo increases the bank’s loss.

I asked the banker if borrowers were able to stave off foreclosure altogether as a result of technicalities.  He said this was not an issue with his firm because they are a small, independent bank as opposed to a “processing plant with large mortgage portfolios”.

ShowcaseMiami Realty specializes in assisting homeowners to Sell their Miami home.

(Highest price in the Shortest period of time)

Jason Smith

Broker

Miami Realtor

Miami Listing Agent

ShowcaseMiami Realty

www.ShowcaseMiami.com

786-326-8115

 

 

3 Reasons to contact ShowcaseMiami when selling or buying real estate outside of Florida…

1)  We have a vast network of agents that we work with around the country.

2)  We know what questions to ask a potential agent when vetting the right agent for your out of state referral.

3) Follow-up and added accountability…we communicate with the out of state agent until the deal is closed.

Recent Napa example…

  Our customers purchased a penthouse condo in Coconut Grove and were seeking a 2nd home in the Napa, CA area.  We contacted 4 potential agents in Napa (Saint Helena) and after interviewing them we determined that one was the right choice.  Our customers were very pleased with this agent’s service and closed on a beautiful home with its own vineyard several months later.  See photos below…

ShowcaseMiami buyer referral to Napa area (St. Helena)

ShowcaseMiami buyer referral to Napa area (St. Helena)

St. Helena (back yard view of vineyards)

St. Helena (back yard view of vineyards)

ShowcaseMiami Realty specializes in assisting homeowners to Sell their Miami home.

(Highest price in the Shortest period of time)

Jason Smith

Broker

Miami Realtor

Miami Listing Agent

ShowcaseMiami Realty

www.ShowcaseMiami.com

786-326-8115