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SOLD SOLD the forster report JANUARY 2012 9550 SW 67 AVENUE PINECREST $2,999,999 3333 POINCIANA AVENUE COCONUT GROVE $3,440,000 jo-ann forster 305.778.5555 brian forster shapiro 305.978.8655

The Forster Report - January 2012

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The Forster Report is a monthly publication that showcases our listings and sales. It also provides detailed markets statistics for four areas in Dade County: Coconut Grove, Coral Gables, Pinecrest and South Miami (including High Pines and Ponce/Davis. Get a copy at Wayside Fruit and Juice Stand in Pinecrest.

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SOLD

the forster reportJ A N U A R Y 2 0 1 2

9 5 5 0 S W 6 7 AV E N U E P I N E C R E S T $ 2 , 9 9 9 , 9 9 9

3 3 3 3 P O I N C I A N A AV E N U E C O C O N U T G R O V E $ 3 , 4 4 0 , 0 0 0

jo-ann forster305.778.5555

brian forster shapiro305.978.8655

6825 SW 104 STREET PINECREST97,138 sf lot

Offered at $1,295,0006 8 2 5 S W 1 0 4 . c o m

6181 W. SUBURBAN DRIVE PINECREST51,363 sf lot

Offered at $1,150,0006 1 8 1 W S U B U R B A N . c o m

11795 S. MITCHELL MANOR CR PINECREST37,026 sf lot

Offered at $1,000,00011 7 9 5 S M I T C H E L L M A N O R . c o m

6 4 5 4 S W 1 0 2 . C O M OFFERED AT $2,895,000 5 8 8 0 S W 9 1 .COM OFFERED AT $2,750,000

12955OLDCUTLER.COM OFFERED AT $2,350,000 3600STEWART.COM OFFERED AT $1,595,000

6755SW99.COM OFFERED AT $1,695,000

6/6½ • 7,542 adj sf • 43,124 sf lotThis French inspired custom home was built in 2005. The main house features 5 bedrooms, a library, 2 family rooms, and a playroom. Separate 1BR/1BA guest house. N/S Tennis Court. 40’ pool. This home creates the perfect canvas for your own special taste. Pinecrest/Palmetto schools.

7/6½ • 6,958 adj sf • 32,670 sf lotYour own gated paradise! This is what you’ve waited for! Located on one of the most sought after streets in North Pinecrest. If you crave open spaces, volume ceilings, & brightness throughout, then this is a must see. Large entertaining spaces. Pool. Pinecrest/Palmetto schools.

5/6½ • 8,215 adj sf • 53,336 sf lotParadise located on a gated, long private drive behind another home that actually sits on Old Cutler. Magnificent entertaining and family home with its own pond. Super-sized common areas. Grand master suite with sitting room. Pool. Pella impact glass throughout. The best Pinecrest/Palmetto schools.

6/4 • 3,820 adj sf • 23,400 sf lotThe best buying opportunity in Coconut Grove! Located in guard gated Entra-da Estates. Mediterranean villa redesigned in 2006. Grand scale living room with dark wood beam ceilings and chiseled stone floors. Large 2nd floor mas-ter suite. Open kitchen. Inviting pool area. Walk to the Village. Great schools.

6/5 • 5,305 adj sf • 38,027 sf lotFamily friendly one story home totally renovated in 2010 by a detail ori-ented perfectionist. Great family oriented floor plan. Large kitchen with super-sized breakfast room, two family rooms and a master suite that will thrill you! Large covered patio overlooking pool. Pinecrest/Palmetto schools.

5880 SW 91 Street Pinecrest6454 SW 102 Street Pinecrest

3600 Stewart Avenue Coconut Grove12955 Old Cutler Road Pinecrest

6705 SW 99 Terrace Pinecrest

ava i l ab le l and

6180 Killian Drive Pinecrest

490 Campana Avenue Coral Gables 1232 Ferdinand Street Coral Gables

3848 Utopia Court Coconut Grove

6180KILLIAN.COM OFFERED AT $1,595,000 3848UTOPIA.COM OFFERED AT $1,295,000

490CAMPANA.COM OFFERED AT $1,199,995 1232FERDINAND.COM OFFERED AT $899,000

6/6 • 6,375 adj sf • 30,492 sf lotAlmost new and hardly lived in custom home in North Pinecrest. Grand entry, huge entertaining spaces & large archways set the tone of the house. Set back on a gated lot. Stone and wood floors, volume ceilings, wide hallways, and beautiful views. Pinecrest schools. Seller motivated for a quick sale.

3/3½ • 2,898 adj sf • 9,500 sf lotLocated on a sought after cul-de-sac street in the South Grove. Completely re-built in ‘08 by a design savvy owner. High ceilings, stunning wood floors, amaz-ing bathrooms and inviting kitchen. Master suite with sitting room that could be fourth bedroom. Impact glass. Pool. Private police patrol. Great schools.

5/3 • 3,880 adj sf • 23,700 sf lotAmazing lakefront opportunity in Hammock Oaks, an upscale guard gated community in Coral Gables. Perfectly maintained, this home is great for a buy-er who is looking for a place to update. Large and open entertaining spaces. Wonderful pool overlooking the lake. The best Pinecrest/Palmetto schools.

3/4 • 3,199 adj sf • 9,000 sf lotNorth Gables home just off Country Club Prado. Built in 1994, this home is a blend of Old Spanish and the comforts of newer construction. Light filled family room and kitchen with breakfast area. Master bedroom on the ground floor and two upstairs. Two car garage. Great schools.

Eager To Take Advantage of The Market?Thinking About Buying or Selling?

the forster team

3 0 5 . 7 7 8 . 5 5 5 5W W W . U N I Q U E H O M E S O F M I A M I . C O M

Your Real Estate Resource

4 west grove

south grove

north grove

3 center grove

63 closed sales in an average of 147 daysAverage sale price of $737,898 @ $262/sf49 active listings, 14 pending sales

101 closed sales in an average of 127 daysAverage sale price of $1,058,087 @ $284/sf65 active listings, 16 pending sales

22 closed sales in an average of 127 daysAverage sale price of $153,005 @ $98/sf15 active listings, 6 pending sales

8 closed sales in an average of 39 daysAverage sale price of $238,513 @ $142/sf7 active listings, 3 pending sales

S I N G L E FA M I LY 2 0 1 1

Statistics were derived from the Multiple Listing Service records on 12/14/2011 which is managed by the local Realtor Association, MIAMI REALTORS®. Information provided here is deemed to be accurate, but is not warranted. The Forster Team is not responsible for any inaccuracies in the data.

jo-ann forster • 305.778.5555 • U n i q u e H o m e s O f C o c o n u t G r o v e . c o m

Community Active Pending Closed PPSF* DOM** Avg. Price

Waterfront Homes 8 1 7 $585 123 $4,508,499Camp Biscayne 0 0 1 $480 - $3,850,000Four Way Lodge Estates 0 0 4 $449 160 $2,836,250De Garmo Estates 0 0 1 $438 30 $1,993,900The Moorings 1 0 3 $375 175 $1,828,333Bayshore Villas 1 0 1 $322 122 $1,700,000Cloisters on the Bay 4 0 3 $295 123 $1,575,000Grovenor House 12 5 13 $580 144 $1,525,962L’Hermitage 8 2 4 $279 297 $1,125,000Ye Little Woods 3 0 3 $276 112 $1,042,333Grove Isle 17 4 21 $302 211 $660,952The Ritz-Carlton 23 3 15 $336 181 $617,533

*PPSF = Average Price Per Square Foot **DOM = Average Days On Market

South Dixie Highway

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SW 2

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SW 3

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coconut grove

brian forster shapiro • 305.978.8655 • U n i q u e H o m e s O f P i n e c r e s t . c o m

4 south-east pinecrest

5 central-west pinecrest

6 south-west pinecrest

1 north-east pinecrest

2 north-west pinecrest

3 central-east pinecrest

18 closed sales in an average of 103 daysAverage sale price of $1,322,603 @ $257/sf19 active listings, 1 pending sales

24 closed sales in an average of 170 daysAverage sale price of $1,563,271 @ $275/sf27 active listings, 4 pending sales

31 closed sales in an average of 161 daysAverage sale price of $779,058 @ $209/sf31 active listings, 9 pending sales

60 closed sales in an average of 126 daysAverage sale price of $573,729 @ $186/sf38 active listings, 9 pending sales

22 closed sales in an average of 82 daysAverage sale price of $883,443 @ $220/sf23 active listings, 7 pending sales

19 closed sales in an average of 122 daysAverage sale price of $1,389,026 @ $245/sf22 active listings, 2 pending sales

S I N G L E FA M I LY 2 0 1 1

Statistics were derived from the Multiple Listing Service records on 12/14/2011 which is managed by the local Realtor Association, MIAMI REALTORS®. Information provided here is deemed to be accurate, but is not warranted. The Forster Team is not responsible for any inaccuracies in the data.

pinecrest

Price Range Active Pending Closed PPSF* DOM** Avg. Price

Under $500,000 17 7 43 $175 176 $390,698$500,000 - $1,000,000 59 19 87 $210 108 $695,859$1,000,000 - $1,500,000 28 3 26 $254 119 $1,209,519$1,500,000 - $2,000,000 22 4 11 $254 130 $1,778,818$2,000,000 - $2,500,000 8 1 9 $291 351 $2,183,056$2,500,000 - $3,000,000 15 0 4 $347 95 $2,756,250Over $3,000,000 16 0 3 $343 314 $3,683,333

*PPSF = Average Price Per Square Foot **DOM = Average Days On Market

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1 north gables

2 center gables

3 south gables

178 closed sales in an average of 114 daysAverage sale price of $772,227 @ $252/sf110 active listings, 34 pending sales

87 closed sales in an average of 123 daysAverage sale price of $492,202 @ $219/sf40 active listings, 20 pending sales

171 closed sales in an average of 194 daysAverage sale price of $1,532,336 @ $342/sf174 active listings, 25 pending sales

129 homes sold for over $1,000,000. 10 homes sold for over $4,000,000. The highest sale was $9,000,000.

51 homes with 20,000 sf or larger lots sold for an average of $2,631,607. Homes with under 10,000/sf lots sold for an average of $532,976.

25 homes built in 2004 or later sold for an average of $2,092,111. Homes built prior to 1980 sold for an average of $759,371.

55 waterfront homes sold for an average of $2,402,125. The most expensive non-waterfront home sold for $6,600,000. The average non-water-front home sold for $799,121.

S I N G L E FA M I LY 2 0 1 1

Statistics were derived from the Multiple Listing Service records on 12/14/2011 which is managed by the local Realtor Association, MIAMI REALTORS®. Information provided here is deemed to be accurate, but is not warranted. The Forster Team is not responsible for any inaccuracies in the data.

coral gables

EWM Realtors® International • Exclusive Affiliate of Christie’s International

QUICK FACTS:

STAY INFORMED...

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TEAR OR CUT ALONG THIS LINE

Statistics were derived from the Multiple Listing Service records on 12/14/2011 which is managed by the local Realtor Association, MIAMI REALTORS®. Information provided here is deemed to be accurate, but is not warranted. The Forster Team is not responsible for any inaccuracies in the data.

EWM Realtors® International • Exclusive Affiliate of Christie’s International

1 south miami

2 high pines

3 ponce davis

12 closed sales in an average of 81 daysAverage sale price of $868,667 @ $276/sf12 active listings, 2 pending sales

55 closed sales in an average of 89 daysAverage sale price of $410,138 @ $173/sf28 active listings, 14 pending sales

23 closed sales in an average of 188 daysAverage sale price of $1,518,587 @ $340/sf26 active listings, 5 pending sales

S I N G L E FA M I LY 2 0 1 1

south miami

JO-ANN FORSTER 4121 LA PLAYA BLVD COCONUT GROVE FL 33133-9939

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Jo-Ann Forster4121 La Playa Boulevard

Coconut Grove, Florida 33133-9399

Get a copy of The For-ster Report at Way-side Market on SW 57 Avenue in Pinecrest!

VISIT US ONTHE WEB:

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SOLD

SOLD

the forster reportJ A N U A R Y 2 0 1 2

9 5 5 0 S W 6 7 AV E N U E P I N E C R E S T $ 2 , 9 9 9 , 9 9 9

3 3 3 3 P O I N C I A N A AV E N U E C O C O N U T G R O V E $ 3 , 4 4 0 , 0 0 0

jo-ann forster305.778.5555

brian forster shapiro

305.978.8655

facebook.com/joann.forster

twitter.com/joannforster

EWM REALTORS® INTERNATIONAL, Inc.550 S. Dixie Highway, 2nd Floor

Coral Gables Florida 33146

STAY INFORMED...

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MARKET INSIGHT. PROVEN RESULTS.

3425 N. MOORINGS WYCOCONUT GROVE

11000 SNAPPER CRK RDCORAL GABLES

6880 SW 98 STPINECREST

6222 SW 100 TERRPINECREST

13673 DEERING BAY DRCORAL GABLES

GROVENOR #1402COCONUT GROVE

9740 SW 60 CTPINECREST

3333 POINCIANA AVECOCONUT GROVE

9550 SW 67 AVEPINECREST

4110 KIAORA STCOCONUT GROVE

6575 SW 98 STPINECREST

3410 POINCIANA AVECOCONUT GROVE

6145 SW 121 STREET

6460 SW 111 DRIVE

4047 ENSENADA AVE

3701 BATTERSEA RD

6390 SW 102 STREET

10125 SW 59 AVENUE

5631 SW 58 COURT

7840 SW 20 STREET

5920 SW 73 AVENUE

1865 BRICKELL AVE

1330 WEST AVE #2908

3404 POINCIANA AVE

2000 S. BAYSHORE DR #47

4161 RAYNOLDS AVENUE

1314 SAN REMO AVENUE

1330 WEST AVENUE #2908

1200 WEST AVENUE #326

12314 ROCK GARDEN LN

6709 N. KENDALL DR #201

265 GRAPETREE DRIVE

1 GROVE ISLE DR #A306

13420 SW 59 AVENUE

2179 SW 24 STREET

6825 SW 59 STREET

6202 SW 56 STREET

5840 SW 91 STREET

7837 SW 117 STREET

3665 ST. GAUDENS RD

7940 SW 167 STREET

9066 SW 73 CT #2103

3610 STEWART AVE

3620 STEWART AVE

13811 SW 67 COURT

3470 N. MOORINGS

3500 SOLANA ROAD

7440 SW 69 COURT

SOLD SOLD SOLD SOLD SOLD

SOLD SOLD SOLD SOLD SOLD SOLD

SOLD

jo-ann fors terBROKER-ASSOCIATETHE FORSTER TEAM

Jo-Ann@UniqueHomesOf Miami .com

305.778.5555

brian forster shapiroVICE PRESIDENT

THE FORSTER TEAMBr ian@UniqueHomesOf Miami .com

305.978.8655

MORE 2011 SOLD AND PENDINGS

Name: ________________________________________________

Address: ______________________________________________

City: _____________________ State: ____ Zip Code: __________

Phone: _______________ Email: _________________________

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PaidMiami, FL

Permit #3203

the forster team4121 La Playa Boulevard

Coconut Grove, Florida 33133-9399

=$STABLEPRICES

+SURPLUS

OF BUYERSGREAT TIMETO BUY/SELL

FASTSALE TIMES

Take Advantage of the Market NOW!

EWM REALTORS® INTERNATIONAL, Inc.550 S. Dixie Highway, 2nd Floor

Coral Gables Flor ida 33146

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SIGN ME UP TO RECEIVE THE FORSTER REPORT MONTHLY

I’M INTERESTED IN SELLING I’M INTERESTED IN BUYINGYES!