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Coral Gables, FL Real Estate News

By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
This magnificant Hotel built as the centerpiece in the City Beautiful (Coral Gables) sits just as regal as she did 9 decades ago. Lot's of legend and lore in the history as well, Al Capone and his mobster buddies loved hanging out here and appearently there is a ghost that likes hanging around in the tower suites.Also home to the largest hotel pool in the country at the time and it still may be. Johnny Weismueller & Esther Williams performed in it.                                                                               LOBBY Now this is a banquet hall!
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
In a seller’s market, moving homes off the real estate rolls is easier in some areas, but it always pays to market properties the best way you can. Including details on a property to answer those questions that home buyers want to know is a great screening tool, and wording it so that it is still appealing to those potential leads that may be on the fence about a particular feature requirement.One key to captivating buyers is photographing the property, and photographing it well. Even in a market like Coral Gables luxury homes, which practically sell themselves, realtors and home buyers should invest in a professional photographer. Find out how much more a home can potentially sell for if pictures of the property are handled by a professional at the Berkshire Hathaway HomeServices Flori...
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
   Rendering of Gables Auto Vault A mixed-use project in the works is targeting a new demographic: luxury cars.  Interior rendering of Gables Auto Vault Nathan Vedrani and Tom Cabrerizo, director of acquisitions and CEO along with developer Sheldon Lowe, are building the five-story project in the area east of Coral Gables in the city of Miami. The partnership closed on a $19.5 million construction loan from SunTrust Bank for the site, which is on Bird Road and Southwest 38th Court.The project is 50 percent sold to local buyers, he said. Prices range from $500,000 to about $2 million, with spaces that hold anywhere from six to 20 cars. Units will include security, air conditioning and high-end finishes. Owners will be able to drive their cars onto large freight elevators that open into a...
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Spending money on improving your home always seems like a good idea. Since your home is probably one of the biggest investments you will ever make in your life, it is a good idea to keep the property up-to-date and looking good.Besides enjoying the home improvement for yourself, you should also be thinking about the long-term value upgrades may do for your homes resale. When placing your Coral Gables homes for sale on the real estate rolls you will want it to show well, be competitive and allow you to resale your home for a nice profit.See what home improvement experts have identified as 5 additions that are likely to add value to your home on the Berkshire Hathaway HomeServices Florida Realty website.
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Home selling isn’t for the faint of heart. If you want to move properties, like Coral Gables homes for sale, then you need to think outside the box to make your real estate a cut above the rest. One way to do that is by taking out a home warranty.Home warranties give buyers the assurance that if an appliance or major system in Coral Gables homes for sale stops working that it will be fixed at no cost. This is particularly important for newly constructed homes and homes that are hitting the 8-year mark or older. Learn more about home warranties at Berkshire Hathaway HomeServices Florida Realty.
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By JM Padron, CCIM, CCP, MRICS, CCIM, CCP, International Commercial Broker
(THE JMTEAM NETWORK)
By Motimer Zuckerman Sanders would increase taxes on the wealthy by creating escalating brackets, eventually hitting 54% of every dollar over $10 million in annual income. Bernie Sanders and Donald Trump have surged in the Democratic and Republican presidential contests with the support of voters who are angry and anxious about their futures. In New Hampshire primary exit polling, 79% of Democrats and 93% of Republicans said they were worried about the direction of America’s economy.Their worries are well founded, because slow growth, wage stagnation and a decline in solid jobs is both hollowing America’s middle class and increasing poverty — while the rich have gotten richer. Felt on very personal levels across the country, those profoundly painful trends are central to understanding h...
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Florida is well known to be one of the best retirement communities in the U.S. The warm climate, tax breaks, resort style living with beaches on every side, and innumerable recreation options make the Sunshine State a final destination for many who are looking to live out their golden years in an ideal community.If you or someone you know is thinking about moving to Florida and they qualify for a retirement community, they should learn a bit about what options are available for them, whether they are considering homes for sale in Coral Gables or other places across the state. Visit the Berkshire Hathaway HomeServices Florida Realty site to learn more.
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Coral Gables luxury homes and other high-end transactions in the Miami Dade County area are coming under scrutiny. The Financial Crimes Enforcement Network or FinCEN has issued a Geographic Targeting Order to investigate particular real estate deals happening in the area.Effective beginning March 1, 2016, some title companies will be required to provide specific information on the buyers and their finances before the deal can be completed. If these requirements are not provided, then criminal and civil penalties may be enforced. Apparently, this action is in response to possible money laundering schemes that may be taking place in South Florida, as well as in Manhattan, NY. Learn more by visiting the Berkshire Hathaway HomeServices Florida Realty News Blog site.
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Real estate has been waiting for those millennials to enter the buying market, and if predictions are right, this year might just be the year.For this group of young people, between 24-25 years old and 32-35 years old, entered into an uncertain financial and real estate market as they were beginning to move out on their own. Now that the housing market is stabilizing and millennials are getting older, homes for sale in Coral Gables, Coral Springs, and Delray Beach real estate may be of more interest to them.  If you are a home seller or real estate professional, you need to learn the best ways to market your property to this upcoming home buying generation. Get a few tips on how to market your home to millennials in this a brief video.
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
       Within the exclusive, gated community of Journey's End in Coral Gables you will find this 13+K mansion on almost two acres with eight bedrooms and nine bedrooms. There is a three-car garage along with hurricane-friendly features like motorized shutters and a full-house generator and a gorgeous pool with plenty of entertaining space around it.   Journey's End enclave is just as gorgeous as you would imagine. There are different styles of homes available. If you desire a lot of house on a gorgeous piece of property please call me.     
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Fannie Mae’s latest Home Purchase Sentiment Index is stating now is a good time to sell a home. With a positive financial outlook for the South Florida real estate market, including Coral Gables luxury homes, for the year ahead, now is the time to make your move.Listing your home while buyers are optimistic is the best way if you are ready to sell. According to the Fannie Mae index consumers ended 2015 on an improved note. Respondents claimed to have significantly higher household incomes that the year prior, and reported feeling secure about their current income and job security. Learn more about this survey and the South Florida real estate market for 2016.
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
 If you’re like most realtors I know, you are excited about this new year. Analysts are predicting a healthy one for the real estate industry and the numbers released from REALTORS® on December confirms the positive outlook.  According to December’s numbers on Florida, properties are staying on the market for less time, the median sales prices are up, and closed sales had less short sales and cash-only sales.  At this point, with inventories still relatively tight, it seems the market continues to be a seller’s market for single family homes - at least in the Coral Gables homes for sale market. December’s numbers do show a more balanced market when it comes to townhouses and condos. Get more details on Florida, and links to the national housing market.
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By JM Padron, CCIM, CCP, MRICS, CCIM, CCP, International Commercial Broker
(THE JMTEAM NETWORK)
International Investors Look for Trust in CRE Brokers By Sara S. Patterson | Media Relations Manager spatterson@ccim.com | (312) 321-4531 Posted December 1st 2015Establishing connections between international investors and CCIMs was the focus at “The Mechanics of the Inbound International Investment” discussion on Oct. 29 during CCIM Institute Annual Governance Meetings in Austin, Texas. Representatives from countries as diverse as China, Mexico, Taiwan, Canada, and South Korea talked about what their investors look for in commercial real estate investments in the United States to an audience of 120 CCIMs - a 50 percent increase compared to the international luncheon and presentation in 2014.“CCIMs in the U.S. and very wealthy Chinese investors use the same language,” says Jeffrey Hu, d...
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By JM Padron, CCIM, CCP, MRICS, CCIM, CCP, International Commercial Broker
(THE JMTEAM NETWORK)
sel11-story apartment tower sold for $13,600,000, this is $215,873 per door or $121 per SF.A Brooklyn-based investor has picked up an apartment building in Miami’s East Little Havana neighborhood for $13.6 million. Miami-Dade County records show Veneto Group LLC sold the 63-unit building to three entities managed by Samuel Matalon and Alfred Sayegh.The 11-story tower located at 120 SW Agenue sits on a 20,865-square-foot lot. The goal construction area is 112,528 square feet with apartments ranging from the $800's SF to the $1,200's SF.The building is near the Miami River and very close to Brickell, where new development prices are over the $600 per SF. This investments reflects the tendency to lower CAP rates in the area, including Liite Havana.
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
*photo by: Elena Rostunova / Shutterstock.com Are you planning to list your home on the Coral Gables homes for sale rolls? Then you need to be sure your home looks as good as it can. It is time to declutter and organize.If you feel that decluttering your space and giving things away will emotionally drain you, then just take it one step at a time. This is really an important part of moving homes for sale in Coral Gables because most buyers will not see pass the clutter and mess.Learn 5 ways to get yourself started declutter your home and you may just find you’ve been living in Coral Gables luxury homes!
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Sellers or buyers of luxury homes, such as Coral Gables luxury homes and other similar properties, may want to think through their options when selling their home.When listing a luxury homes, you need a professional real estate company behind you to properly market the property. Finding the niche of home buyers interested in such properties takes experience and finesse.If, on the other hand, you are interested in buying luxury homes, like Coral Gables luxury homes, you also need to know how to negotiate within the high-end real estate marketplace. There are other strategies and techniques you may want to know about the luxury homes market. Find out more and give them a try.
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By JM Padron, CCIM, CCP, MRICS, CCIM, CCP, International Commercial Broker
(THE JMTEAM NETWORK)
5 Golden Tips for 2016 from JM Padron, CCIM 1) Develop your Budget and Income Stream by January 31st based on your pipeline and your last year performance, build your Income Stream for 2016, your plan is comprised of many activities which has to be performed on a constant basis. Get one coach out of your office who can make you accountable to meet those tasks. This will guarantee that you stay focus in your program with not distractions and not working by accident.2) Hold at least Two Client Appreciation EventsHold a couple of client appreciation events to celebrate with your clients your success and to make them to be part of it.3) Expand Your EducationLearning is earning. Plan to obtain a certification that goes with your plan, if you already have it, look for CE classes that can enha...
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By JM Padron, CCIM, CCP, MRICS, CCIM, CCP, International Commercial Broker
(THE JMTEAM NETWORK)
El Arte de Invertir en Bienes Raíces Comerciales Invertir en Bienes Raíces Comerciales combina riesgo, tiempo, esfuerzo, condiciones de emprendedor y mucha visión. El proceso combinado es un arte y no una ciencia exacta. Para mitigar los riesgos, el inversionista debe poseer un buen nivel de conocimiento que le permita entender las diferentes variables: Flujo de Caja, Depreciación, Apreciación, Apalancamiento, Amortización e Impuestos. Cualquier inversión en bienes raíces comerciales requiere un importante nivel de trabajo por parte del inversionista, tal como comenzar un negocio propio. La mayoría de la gente no están dispuestos a tomar el riesgo de invertir en bienes raíces comerciales, básicamente porque no poseen las destrezas básicas para poder entender los diferentes riesgos y est...
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
When it comes to South Florida foreign buyers, the Chinese are one of the fastest growing segments, according to the MIAMI Association of REALTORS®. These lucrative buyers are interested particularly in the Miami and Miami Beach real estate property market because of all it has to offer. From the best in higher education and top of the line designer products to the diversified economy and ideal weather, South Florida and its homes for sale – Coral Gables luxury homes, Miami Beach condominiums, etc. – are luring Asian buyers in. Find out what the South Florida region, as well as the state as a whole can expect from this Asian country’s interest in U.S. properties.
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By JM Padron, CCIM, CCP, MRICS, CCIM, CCP, International Commercial Broker
(THE JMTEAM NETWORK)
Commercial Real Estate holds strong! We are experiencing a very busy time practicing commercial real estate thanks to an increase on activity of Tenants and Investors. Moving forward to the next quinquennium we should look at the coming market trends, I do not have a crystal ball to anticipate the future but I strongy believe we should pay attention to important indicators as:Sources for InvestmentThe availability of funds to be invested in Commercial Real Estate are increasing year after year with expectation to be above 40% by the end of 2019. As confidence returns to real estate, the industry faces a number of fundamental shifts that will shape its future. The good folks at PricewaterhouseCoopers (PwC) have looked into the likely changes in the real estate landscape over the coming y...
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