Archive for the 'Coral Gables' Category
May 18th, 2012
By Sheryl DiCarlo
Over a half acre on the Coral Gables Waterway; 6 low bridges to the bay by small, small boat. Structurally sound 4 bedroom 2.5 baths, 2951 adjusted square feet. Owner just refinished and polished 18×18 Cuban tiles and terrazzo floors and the interior was repainted. Great value and opportunity to renovate or rebuild this home to your specifications. Corner of Red Road and Salvatierra Drive. $649,000.
Know the market, call Sheryl DiCarlo, 305.332-3256, before making your next real estate move!



May 10th, 2012
By Sheryl DiCarlo
View original local artists paintings from “Fairchild Artists in Bloom Exhibition 2012″ , going on Thursday through Saturday, at the Exhibition and Sale in the Garden House http://www.fairchildgarden.org/events/. Fairchild art instructors and students will transform the Garden House into a gallery showcasing more than 150 original oil and acrylic paintings, watercolors and botanical illustrations.
Mother’s Day Lunch, Sunday, May 13th from 10:30-2:30 or Afternoon Tea, Sunday at 3:00PM and tour the gardens afterwards.

May 9th, 2012
By Sheryl DiCarlo
Evaluating Pending Sales over the past 30 days , and there have been 33 in as many days, indicates value depends on where you live, whether you are a distressed sale, on the Coral Gables water front or golf course, lot size and degree of renovations. Most noteworthy is the approximate $100.00 difference in price per sqft between distressed and fair market sales. Here are the general average price per sqft results :
Fair Market Sales: average list price: $888,500 or $304.77 per sqft
Water Front Sales: average list price: $1,508,000 or $484.58 per sqft (ocean access)
Distressed Sales (short sales & foreclosures): average list price: $502,483 or $212.12 per sqft
Know the market, call Sheryl DiCarlo, 305.332.3256, 
before your next real estate move.
April 20th, 2012
By Sheryl DiCarlo
In celebration of Earth Day here are a few reference sites and simple actions you can take within your home to help detox our local environments in a few mindful steps.
Photo: A ladybug in flight spreads its wings as it flutters from grass blade to grass blade at Rooks Park in Walla Walla, Wash. on April 2, 2012. (Jeff Horner/Walla Walla Union-Bulletin/Associated Press
Garage: replace poisonous windshield wiper fluid with a make-it-yourself solution by combining seven cups of distilled water, one-half cup isopropyl alcohol and one-half teaspoon eco-dishwashing liquid. Properly dispose of old wiper fluid at a hazardous waste centers: http://www.miamidade.gov/publicworks/chemical-collection.asp The Centers are located in West Dade at 8831 NW 58th Street, and in South Dade at 23707 SW 97th Avenue Gate-B.Normal hours of operation are Wednesday through Sunday, from 9 a.m. to 5 p.m. The centers are available to non-commercial residents only. Dade County has a population of 2,300,000 plus (DMV). If only half of the population has a car and each replaces their wiper-fluid (est. 2quarts), we would eliminate 575,000 gallons of toxic fluid from our Dade County run-off waters each year.
Chemical air fresheners: Remove bad odors instead of covering them up, said Crissy Trask, founder of GreenMatters.com and author of “It’s Easy Being Green: Handbook for Earth-Friendly Living. “In a University of California study, chemical air fresheners were found to have higher concentrations of polluting volatile organic compounds (VOC) than any other household cleaning product. Long-term exposure to some VOC”s have been linked with adverse health effects, she concluded. .
: http://learning.blogs.nytimes.com/2012/04/18/earth-day-and-all-days-10-ways-to-learn-about-the-environment/
Know what you can do for the planet , Sheryl DiCarlo 305.332.3256
April 17th, 2012
By Sheryl DiCarlo
1560 Salvatierra is open this Sunday, April 16th from 2-4PM, with recrystallized Cuban tile and terrazzo floors topped with a freshly painted interior. Bring your renovating ideas for this half acre on the Coral Gables waterway. 4/2.5/family room/formal dining room, 2 car garage. Excellent value, see and judge it for yourself.




Know the market, call Sheryl DiCarlo, 305.332.3256 before making 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.
April 15th, 2012
By Sheryl DiCarlo
Here is this week’s price reduction activity: 12 price revisions and the list includes two short sales and two Coral Gables waterfront homes, priced from $385,000 up to $5.890 million!
Average price reduction – $47,611, or 5.3%, Average asking price - $1.295 million, Average price per sq.ft. – $358.85
Call me when you want to see one of these great values:
Know the market, call Sheryl DiCarlo, 305.332.3256, before you make your next real estate move


20 Phoenetia Av $385,000 short sale
1139 Venetia Ave $459,000 short sale
227 Sarto Ave $523,000


6833 Veronese St $679,000
3618 Palmarito St $799,000
5557 San Vicente St $850,000


2112 Country Club Prado $895,000
837 Andalusia Av $939,000
4820 Biltmore Dr $1,325,000

1413 Certosa Av $1.695mil
9175 Arvida Dr $5.890mil
April 12th, 2012
By Sheryl DiCarlo
18×18 Cuban tiles and terrazzo repolished and the interior repainted. Great value and opportunity to renovate or rebuild this home to your specifications. Over a
half acre on the Coral Gables Waterway; 6 low bridges to the bay by small, small boat. Structurally sound 4 bedroom 2.5 baths, 2951 adjusted square feet. Corner of Red Road and Salvatierra Drive. $649,000.
Know the market, call Sheryl DiCarlo, 305.332-3256, before making your next real estate move!



April 11th, 2012
By Sheryl DiCarlo
Nothing makes a yachtsman happier than a deep open waterway behind his home! Cocoplum, Coral Gables currently offers nine bridge-less waterfront homes for sale, between $2.5mil and $9,499mil. ( Bayfronts, and three are available, are under a separate category and sometimes do not have protected dockage on the property .) The linear water frontage of these homes ranges from 84 feet to 307 feet, with lot size between 16,000 sq.ft. and up to an acre. When you are looking for open water, Cocoplum offers many different choices and architectural styles.
Know the market, call Sheryl DiCarlo, 305.332.3256 before making your next real estate move.



April 9th, 2012
By Sheryl DiCarlo
Just sold- Pat Riley’s Gables Estates home on an 80,150 bay point lot with over 750 linear square feed on the waterfront! The 12,856 adjusted square foot home is surrounded by private gardens, private dock and sandy beach area. It was listed for $23,000,000 and sold for $16,750,000 or 74% of it’s listed price, at $1,789.05 per square foot. As a comparison, the past 6 sales, inclusive of Riley’s, had an average selling price per sq.ft. of $983.37, and an average sales price of $9,029,000. But don’t despair– another 2010 built, bay point house is available at $27,000,000 in Gables Estates with 15,960 adjusted square feet, and over 600 linear water frontage –just call me to see it.
Know the market, call Sheryl DiCarlo, 305.332.3256 before your next real estate move.