Archive for the 'Brickell' Category
May 8th, 2012
By Sheryl DiCarlo
Starting at 6:30 a.m. Friday, May 5th, the city of Miami will launch its free downtown rubber-tire trolley system that officials hope will persuade people to “ditch the car and hitch a ride’’ for short jaunts to work, play, eat and shop.
The orange-and-green, retro-style trolleys will run every 15 minutes and take passengers on Biscayne Boulevard south from the Omni district, across the Miami River to the end of the Brickell financial and residential district, with marked stops at every block. The air-conditioned trolleys will run 6:30 a.m. until 11 p.m. every day but Sunday. Special runs will be added for Sunday Miami Heat playoff games.The trolleys will also make three loops: one around Mary Brickell Village, another out to Brickell Key, and a third past Margaret Pace Park just north of the old Omni complex.
Because the trolley will also stop at or near Metromover and bus stations, the Downtown Development Authority says, it will give downtown Miami a densely interconnected transit system unrivaled by any other city in Florida. Read more here: http://www.miamiherald.com/2012/04/26/2769835/full-miami-trolley-service-launches.html#storylink=cpy
Know the market, call Sheryl DiCarlo, 305.332.3256 before your next real estate move.
April 15th, 2012
By Sheryl DiCarlo
At tax-time, reviewing tax rules as it applies to home owner ship is worth looking at again. “Under the Internal Revenue Code, mortgage interest is deductible from income but not to the extent that it is attributable to an outstanding mortgage principal balance of more the $1 million,” said Tom Kelly, in his Sunday Miami Herald article. “Similarly, interest payable on a home equity line of credit that is used to finance home improvements is deductible, but not to the extent that is it attributable to an outstanding loan balance of more than $100,000,” Kelly added. It is important to remember that the $1 million and $100,000 caps are applied per residence, not per taxpayer.
The Taxpayer Relief Act “replaced the “rollover” provision and $125,000 over-55 exclusion,” he continued. Today, a taxpayer can qualify for a tax exclusion of $250,000 ($500,000 for married couples) provided they have owned and used the property as a principal residence for two out of the five years prior to the date of sale. The limit on the number of times a taxpayer can claim this exclusion is once in any two-year period. As always, speak to your accountant for professional tax advise as it applies to your real estate transactions.
Know the market, call Sheryl DiCarlo, 305.332.3256 before your next real estate move.
October 25th, 2011
By Sheryl DiCarlo
Keeping The DiCarlo Group clients apprised, here are year-to-date sales for Coral Gables Closed/Pending Sales:
371 total single family homes sold to date in 2011
- highest priced sold property to date in 2011 $9 mil
- lowest priced sold property to date in 2011 $181 K
- number of waterfront sold to date in 2011 38
181 total condos/townhouses sold to date in 2011
- highest priced sold condo/TH to date in 2011 $1.190 mil
- lowest priced sold condo/TH to date in 2011 $35 K
84 total Pending single family homes, year-to-date for Coral Gables
12 total condos/townhomes pending to date in 2011
Ask me how the market is! (305)332-3256
Sheryl
*from the Miami Dade Realtor Association MLX
October 11th, 2011
By Sheryl DiCarlo
In an effort to give The DiCarlo Group clients the most recent and relevant information, we have researched informative articles with current facts and trends to help make your real estate decisions.
- Did you know in the past year that we had the largest number of sales in the history of the business?
- That international buyers purchased over $82 Billion of real estate in the U.S., and Florida captured 31% of those sales? Their preferred location to buy? Miami, Miami Beach, and Ft. Lauderdale, and 86% paid cash!
Please click here for a short report from chief economist, Lawrence Yun, National Association of Realtors, regarding the salability of the real estate marketplace.
Below are graphs and charts for Home Sales year to date.
Ask me how the market is! (305) 332-3256
October 5th, 2011
By Gregory DiCarlo
If you are considering investing in Downtown Miami/Brickell, The DiCarlo Group offers a comprehensive market analysis to those who require a real estate portfolio unlike any other. With an extensive background in investment analysis and strategies, The DiCarlo Group will provide you with real estate investment options that are tailored to your goals to ensure the highest realized outcome.
For more information please contact: Gregory DiCarlo at 786-514-9386 or via E-mail at Greg.DiCarlo@gmail.com
July 18th, 2011
By Gregory DiCarlo
One of the most spectacular buildings that constitutes the Miami Skyline! Sold $590,000
2 Bedrooms, 2.5 baths
If you are looking to relocate to the Miami-Brickell Area, look no further than The DiCarlo Group. With substantial experience in the Downtown condo market, making your move with us is just logical!
305-329-7780
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