Day 37 – Theater in the Park $$

June 4th, 2010 Categories: 365 Things To Do In Miami

The highly acclaimed drama Oleanna will have it’s final shows at Pinecrest Gardens this weekend.

David Mamet’s riveting drama will have its two final performances Saturday and Sunday.

Check it out before it’s too late!

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South Miami Home Market Analysis

May 21st, 2010 Categories: Market Trends, South Miami

Nothing gives you a clear picture of the South Florida real estate market as aptly as looking at the numbers.  And nothing gives a better understanding of the numbers as well as a visual aid.

Here’s what’s going on in South Miami. Please note that these numbers do not include the High Pines and Ponce Davis area.  While folks like to think of each of them as part of South Miami, they really aren’t officially part of the city of South Miami.  I ran these reports by city.  I’ll devote separate market reports to High Pines and Ponce Davis homes.  Below is a breakdown of the homes presently available for sale in South Miami:

There are 56 single family homes available for sale in South Miami. The lowest priced one at $29,900 (no, that isn’t a typo) and all the way at the other end of the spectrum is the highest priced at $1,899,000 (a beautifully appointed newer construction with 6 bedrooms and centrally located just minutes from U.S. 1).

In comparison, below is what is Pending Sale in South Miami.  That means that the home seller and buyer have come to an agreement on price and terms, escrow has been opened, and the transaction is on its way to closing sometime in the near future.  Considering the number of closed sales in the last 3 months (noted below), this number of pending sales is a very healthy number.  Keep in mind that not all sales that go under contract get to closing.  Sometimes the transaction falters and the reasons are many.  Of the 22 homes pending sale in South Miami, 12 are short sales and 2 are foreclosures.  So more than half of the pending home sales are distressed sales:

The final graphic shows what has actually closed in the last 30 days.  There were 3 closed sales in South Miami in the last 30 days.  There were 9 closed sales in the last 3 months, so last month’s activity is pretty much the average for the area lately: 3 sales a month:

When you think about the fact that there are 56 homes for sale and they are selling at a rate of 3 per month (we do not count pendings when calculating this), there are 18.66 months of inventory available for sale in South Miami. A normal market has about 6 months of inventory.  This means it is crucial that you price your property well to be one of those closed sales.

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Miami Areas To Love

May 21st, 2010 Categories: Areas to Love

In an attempt to better organize the content on this blog, I have been tweaking the categories and such.  I created a new category, Areas to Love.  This new category is the “parent” category of the specific areas, or the “children.”

The areas within are specifically:

• Pinecrest
• Palmetto Bay
• South Miami
• Coral Gables
• Killian
• The Falls
• Kendall
• Cutler Bay
• The Redland
• Southwest Dade

By the way, not only can you read the posts in those particular categories by clicking on the category links on the right sidebar, you can also reach the same posts by clicking on the graphics with the same names in the carousel, also on the right sidebar, but above.

It’s a beautiful day in the Miami area.  Happy Friday!

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Day 36 – Free Steakburger @ Evos $

May 21st, 2010 Categories: 365 Things To Do In Miami

The first Evos to open in Miami-Dade is finally opening today in Pinecrest.  The chain is unlike most fast-food joints in that it’s food is healthy. (healthier?).  Fries are not fried, but “airbaked.”  Burgers come from steroid free beef.  Their chicken is free of antibiotics.  What a concept!

So go ahead South Florida, enjoy your all-American food without the side of guilt.  And this weekend only, in celebration of their grand opening, you can get a free steakburger.  Print the coupon here.

Evos
9537 South Dixie Highway, Pinecrest
305-740-3433

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Day 35 – Redland Orchid Festival $

May 11th, 2010 Categories: 365 Things To Do In Miami

This weekend marks the 14th annual Redland International Orchid Festival.  The festival features over 60 orchid vendors from around the world and across the U.S.  It is held each year at the Fruit and Spice Park in the Redland.  Admission is only $7 and free parking is available.  Nice!

The event will be Friday – Sunday 5/14 – 5/16/10 from 9:00am – 5:00pm.  Click here for details.

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Day 34 – Dolphins Cheerleaders Finals Aventura Mall $

May 3rd, 2010 Categories: 365 Things To Do In Miami

Here’s something you can’t do everyday.  Attend the final tryouts for the selection of the Dolphins Cheerleaders for the coming year.  It’s held at Aventura Mall and last year thousands showed up (spectators, not candidates).

It’s this Saturday, May 8th, from 9:00am – 3:00pm.  Gimme a D!  Gimme a O!  Well, you know the rest….  enjoy!  Click here for more info.

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