Miami Shores

By
Real Estate Agent with EWM Realtors, Inc.

Miami Shores Village

Miami Shores is located south of N.E. 107th St. and north of N.E. 87th St., and east of N.W. 5th Ave. just south of North Miami. Miami Shores Village was developed in the 1920's and is well known for its small town feel, Bay front vistas, and tree-lined streets. The style of homes in Miami Shores varies widely but is mainly comprised of Art Deco and Mediterranean style-homes. Miami Shores is close to some of South Florida's best beaches, including Miami Beach, Sunny Isles, and Surf Side. Local attractions include the Miami Shores Country Club, Miami Theater Center, and Barry University. 

The market in Miami Shores is incredibly hot right now! A year-to-date analysis (1-1-2013 - 5-23-2013) shows 72 properties were sold with an average closing price of $452,232 (or $208 per sq. ft.). Rewind to last year, during the same time frame (1-1-2012 - 5-23-2012), and a promising story emerges. A year-to-date analysis shows 54 properties were sold with an average closing price of $420,104 (or $183 per sq. ft.). This analysis shows a drastic change in the market. That is, compared to last year we see a 33% increase in the number of properties closed with an amazing 14% increase in average closing price per sq. ft.! The previous analysis includes 2 bedroom to 5+ bedroom properties, however, an even more interesting story emerges when we just look at 5+ bedroom properties. For 5+ bedroom properties, a year-to-date analysis (1-1-2013 - 5-23-2013) shows 4 properties sold with an average closing price of $803,750 (or $235 per sq. ft.). Rewind to last year, during the same time frame, (1-1-2012 - 5-23-2012), and we see an amazing trend emerging. A year-to-date analysis shows 4 properties sold with an average closing price of $512,000 (or $156 per sq. ft.). This comparison highlights an amazing trend in the market, specifically, compared to last year we see an incredible 50% increase in the average closing price per sq. ft.!

Miami Shores Village1480 NE 103rd St.

  • 4 Bedroom 4 1/2 Bath
  • 3,569 sqare feet of living area
  • Closing price $2,450,000

This beautiful property was sold by our team last year. Impeccable bay front Miami Shores house with highest quality upgrades, featuring over 170ft of water frontage on oversized lot with magnificent wide bay Miami Beach & Downtown views, gorgeous tropical landscaping & exquisite pool area. No expense was spared with this loft-like home. It was completely renovated with luxury Italian finishes:  Pepperino Italian stone flooring, Italian windows & doors, top of the line Italian kitchen, stylish baths by Viola & Boffi, outdoor sauna, boat & Jet Ski lifts.

Miami Shores Village
1285 NE 95th St.

  • 5 Bedroom 5 1/2 Bath
  • 3,887 square feet of live area
  • Closing Price $1,000,000

This is a beautiful 2-story home on a huge lot with views of the wide bay from master bedroom & living room. Has detached large in-laws quarters/office, with huge formal foyer and sweeping staircase. Original hardwood floors, large living room with wood burning fireplace, and spacious formal dining room & family room with views to the pool. Updated kitchen with granite & stainless steel appliances.  Crown molding, pocket doors, impact windows, updated electric. Outdoor bbq & living area designed by Wahl Snyder.

Since joining EWM realtors in 2009 I have become one of the top realtors in Miami, having a volume of sales within the top 1% nationally. I have experience dealing with all types of clients and I strive to develop ways to identify and meet their needs to ensure the process is as simple and stress-free as possible.

If you are looking to buy or sell feel free to call me directly at 305.496.6693 or email me here:josh.garcia@miaprime.com to prepare a complimentary "comparative market analysis". Also, to find valuable information about the buying and selling process, information about all the different neighborhoods in Miami, and/or a complete list of all my listings (with full descriptions) please click here.

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Topic:
Real Estate Market Trends
Location:
Florida Miami-Dade County Miami Shores
Tags:
miami
market report
south florida real estate
miami shores
miami real estate
real estate
market analysis
josh garcia

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