Miami Events Schedule for 2018 Posted on January 13, 2018January 13, 2018 by Michael Light Miami, its surrounding neighborhoods and the beaches offer an exciting, eclectic variety of events that take place each and every year in the Magic City, and I would like to share with you some of these fun events that will take place in 2018. EVENT AREA DATE Miami Jewish Film Festival Miami/Miami Beach January 11-25 Miami Design Preservation League’s Art Deco Miami Beach January 12-14 Wodapalooza Miami Fitness Festival Downtown Miami January 12-14 Redland Heritage Festival Homestead January 13-14 Dr. Martin Luther King Jr. Day Parade Liberty City January 15 Splendor in the Garden at Fairchild Coral Gables January 16 Fairchild’s Chocolate Festival Coral Gables January 19-21 Coconut Grove Comedy Festival Coconut Grove January 20 Fine Arts Festival at Pinecrest Gardens Pinecrest January 20-21 Taste of the Garden Miami Beach January 25 Festival of the Arts Coral Gables January 27-28 Miami Marathon & Half Marathon Downtown Miami January 28 Gala in the Garden (Fairchild) Coral Gables February 3 Fashion, Art, Music Night Coconut Grove February 3 Groundup Music Festival Miami Beach February 9-11 Habitat for Humanity Blitz Build 2018 Miami February 9-24 Miami International Boat Show Key Biscayne February 15-19 Art Wynwood Wynwood February 15-19 Model Beach Volleyball Tournament Miami Beach February 17-18 Coconut Grove Arts Festival Coconut Grove February 17-19 South Beach Wine & Food Festival Miami Beach February 21-25 Winter Party Festival Miami Beach February 28-March 6 Artopia Coral Gables March TBD Winter Music Conference Miami Beach March TBD 9 Mile Music Festival Key Biscayne March TBD Fashion, Art, Music Night Coconut Grove March 3 Carnaval on the Mile Coral Gables March 3-4 Bacardi Miami Sailing Week & Bacardi Cup Coconut Grove March 4-10 Miami Film Festival Downtown Miami March 9-18 Calle Ocho Festival Little Havana March 11 Miami Invasion of Jazz in the Gardens Miami Beach March 17-19 Miami Open f/k/a Sony Open (Tennis) Key Biscayne March 19-April 1 Miami-Dade County Fair & Exposition Sweetwater March 15-April 8 Ultra Music Festival Downtown Miami March 23-25 Deering Seafood Festival Cutler Bay March 25 The Longines Global Champions Tour Miami Beach April TBD Miami Beach Polo World Cup Miami Beach April TBD Miami Beach Gay Pride Miami Beach April 2-8 Miami Home Design & Remodeling Show Miami Beach April 6-8 Miami Riverday Festival Downtown Miami April 7 Fashion, Art, Music Night Coconut Grove April 7 Wynwood Life Festival Wynwood April 20-22 Mercedes Benz Corporate Run Downtown Miami April 26 So. Florida Taste of the Nation (No Kid Hungry) Wynwood April 27 SoFlo Cake and candy Expo 2018 Miami April 28 Miami Fashion Show Miami Beach May TBD Aqua Girl Miami May 18 Best of the Best Music Fest Downtown Miami May 27 Out in the Tropics Festival Miami Beach June TBD Fourth of July Fireworks and Festivities Throughout Miami July 4 Miami Swim Week Miami Beach July 12-15 International Mango Festival Coral Gables July 14-15 Miami International Auto Show Miami Beach September TBD Miami Carnaval Parade & Concert Miami October TBD South Beach Seafood Festival Miami Beach October TBD Grovetoberfest Coconut Grove October TBA Coconut Grove Seafood Festival Coconut Grove October 20 The Seed Food & Wine Festival Miami Beach November TBD Harvest Festival South Miami November TBD Great Grove Bed Race Coconut Grove November TBD Miami Beach Annual Veteran’s Day Parade Miami Beach November 11 NASCAR Ford Championship Weekend Homestead November 16-18 Art Miami Downtown Miami December 4-9 Art Basel Throughout South Florida December 6-9 King Mango Strut Parade Coconut Grove December 31 Monthly Miami Specials Miami and the Beaches also offer monthly “temptation programs,” which offer locals and visitors alike, money-saving specials on something different each month. See below for each month’s cool theme! January – Miami Cruise Month February – Miami Romance Month March – Shop Miami Month April – Miami Sports & Wellness Month May – Miami Museum Month June – Miami Film Month June – September – Miami Hotel Months July & August – Miami Spa Months August & September – Miami Spice Months October – Miami Attractions Month November – Miami Live Arts Month December – Miami Heritage Month Disclaimer – Miami Luxury Homes is not affiliated and/or working on behalf of any of the above-referenced events and/or organizations. This information is for informative purposes only and is not to be relied upon. Dates are subject to change without notice. This is not an inclusive list of all events in and around Miami that will take place in 2018.
Coral Gables – December, 2017 Market Snapshot Posted on December 29, 2017December 30, 2017 by Michael Light The Coral Gables December, 2017 Market Snapshot gives you up-to-date market statistics for real estate in Coral Gables including current properties listed for sale and closed sales in the last six (6) months. If you are considering selling your home or purchasing real estate in Coral Gables, it is important for you to be informed on the current state of the market with regards to price. So, I have compiled statistics from the MLS regarding the inventory of single-family homes that are currently listed for sale in Coral Gables. Below, you will find charts highlighting the percentage of homes that are currently on the market in certain price points and the average price per square foot of these homes currently listed for sale. After looking at what is currently on the market, most people ask, “what will these homes actually sell for?!” The best indicator of what a home may sell for in the current market is to look at the closed sales in the area over the last 6 months. This will give you a good indication of the “discount” that you may be able to expect if you plan to buy a home today. So, I have also included a graph showing all closed sales in Coral Gables over the past 6 months, broken down by price per square foot. Coral Gables Single-Family Homes Currently For Sale (as of 12/20/2017) Coral Gables Single-Family Homes Currently For Sale – Average Price Per Square Foot (as of 12/20/2017) Coral Gables Single-Family Homes Closed Sales – Last 6 Months – Average Price Per Square Foot (as of 12/20/2017) If you are interested in buying or selling a home in Coral Gables, or simply would like more information about the current state of the real estate market in Coral Gables, please contact Michael Light, Senior Director of Luxury Sales at Douglas Elliman. You may reach Michael directly at his office at (305) 350-9842, on his cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com. Note: The MLS data for the information contained herein was retrieved from the MLS on December 20, 2017.
Coral Gables – October, 2017 Market Snapshot Posted on October 11, 2017 by Michael Light The Coral Gables October, 2017 Market Snapshot gives you up-to-date market statistics for real estate in Coral Gables including current properties listed for sale and closed sales in the last six (6) months. If you are considering selling your home or purchasing real estate in Coral Gables, it is important for you to be informed on the current state of the market with regards to price. So, I have compiled statistics from the MLS regarding the inventory of single-family homes that are currently listed for sale in Coral Gables. Below, you will find charts highlighting the percentage of homes that are currently on the market in certain price points and the average price per square foot of these homes currently listed for sale. After looking at what is currently on the market, most people ask “what will these homes actually sell for?!” The best indicator of what a home may sell for in the current market is to look at the closed sales in the area over the last 6 months. This will give you a good indication of the “discount” that you may be able to expect if you plan to buy a home today. So, I have also included a graph showing all closed sales in Coral Gables over the past 6 months, broken down by price per square foot. Coral Gables Single-Family Homes Currently For Sale (as of 10-10-17) Coral Gables Single-Family Homes Currently For Sale – Average Price Per Square Foot (as of 10-10-17) Coral Gables Single-Family Homes Closed Sales – Last 6 Months – Average Price Per Square Foot (as of 10-10-17) If you are interested in buying or selling a home in Coral Gables, or simply would like more information about the current state of the real estate market in Coral Gables, please contact Michael Light, Director of Luxury Sales at Douglas Elliman. You may reach Michael directly at his office at (305) 350-9842, on his cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com. Note: The MLS data for the information contained herein was retrieved from the MLS on October 10, 2017.
Thursday Throwdown: Coral Gables vs. Pinecrest Single-Family Homes Posted on August 10, 2017 by Michael Light Coral Gables and Pinecrest are two highly-sought-after, family-friendly cities that both offer beautiful single-family homes, excellent schools, plenty of shopping and a true variety of restaurants. Despite many differences, Coral Gables and Pinecrest share many similar attributes, which is why a lot of families moving to South Florida compare these 2 cities when deciding where to call home. So, let’s look at the numbers to compare how the single-family home market in Coral Gables currently compares to the single-family home market in Pinecrest…numbers don’t lie. Available Waterfront Single-Family Home Inventory At this time, Coral Gables has 72 waterfront single-family homes listed for sale with an average list price of $6,939,114 and an average list price per square foot of $953.55. In Pinecrest, there are presently 12 waterfront single-family homes for sale (canal/lagoon) with an average list price of $1,385,219 and an average price per square foot of $365.66. Coral Gables Waterfront Single-Family Home Inventory Total Waterfront Homes Available: 72 Average List Price: $6,939,114 Average List Price Per Square Foot: $953.55 Pinecrest Waterfront Single-Family Home Inventory (canal/lagoon) Total Waterfront Homes Available: 12 Average List Price: $1,385,219 Average List Price Per Square Foot: $365.66 Available Non-Waterfront Single-Family Home Inventory To date, Coral Gables has 288 non-waterfront single-family homes listed for sale with an average list price of $1,631,904 and an average list price per square foot of $458.94. In Pinecrest, there are currently 206 non-waterfront single-family homes for sale with an average list price of $2,328,442 and an average price per square foot of $410.89. Coral Gables Non-Waterfront Single-Family Home Inventory Total Non-Waterfront Homes Available: 288 Average List Price: $1,631,904 Average List Price Per Square Foot: $458.94 Pinecrest Non-Waterfront Single-Family Home Inventory Total Non-Waterfront Homes Available: 206 Average List Price: $2,328,442 Average List Price Per Square Foot: $410.89 Single-Family Waterfront Homes Closed in the Last 6 Months In the last 6 months, 24 waterfront single-family homes have sold in Coral Gables with an average sales price of $5,098,137 and an average price per square foot of $694.41. Pinecrest has seen only 6 sales of waterfront single-family homes in the last 6 months with an average sales price of $1,430,833 and an average price per square foot of $359.32. Coral Gables Waterfront Single-Family Homes Closed in Last 6 Months Total Waterfront Homes Closed in Last 6 Months: 24 Average Sales Price: $5,098,137 Average Sales Price Per Square Foot: $694.41 Pinecrest Waterfront Single-Family Homes Closed in Last 6 Months Total Waterfront Homes Closed in Last 6 Months: 6 Average Sales Price: $1,430,833 Average Sales Price Per Square Foot: $359.32 Single-Family Non-Waterfront Homes Closed in the Last 6 Months In the last 6 months, 281 non-waterfront single-family homes have sold in Coral Gables with an average sales price of $957,918 and an average price per square foot of $372.54. Pinecrest has seen 94 sales of non-waterfront single-family homes in the last 6 months with an average sales price of $1,380,451 and an average price per square foot of $319.79. Coral Gables Non-Waterfront Single-Family Homes Closed in Last 6 Months Total Non-Waterfront Homes Closed in Last 6 Months: 281 Average Sales Price: $957,918 Average Sales Price Per Square Foot: $372.54 Pinecrest Non-Waterfront Single-Family Homes Closed in Last 6 Months Total Non-Waterfront Homes Closed in Last 6 Months: 94 Average Sales Price: $1,380,451 Average Sales Price Per Square Foot: $319.79 Coral Gables & Pinecrest Single-Family Home Months of Inventory Coral Gables & Pinecrest Waterfront Single-Family Homes Coral Gables: 18 Months of available inventory Pinecrest: 12 Months of available inventory Coral Gables & Pinecrest Non-Waterfront Single-Family Homes Coral Gables: 6 Months of available inventory Pinecrest: 13 Months of available inventory Interested in the South Florida Real Estate Market??? If you, or someone you know, would like more information about the real estate markets in Coral Gables and/or Pinecrest, please contact Michael Light, Director of Luxury Sales at Douglas Elliman Real Estate. You may reach Michael directly at his office at (305) 350-9842, on his cell phone at (786) 566-1700 or via email at michael@miamiluxuryhomes.com. Note: The information contained herein was retrieved from the Multiple Listing Service (MLS) on August 9, 2017, and is intended for informative purposes only and, thus, should not be relied upon.
Coral Gables – August, 2017 Market Snapshot Posted on August 4, 2017 by Michael Light The Coral Gables August, 2017 Market Snapshot gives you up-to-date market statistics for real estate in Coral Gables including current properties listed for sale and closed sales in the last six (6) months. If you are considering selling your home or purchasing real estate in Coral Gables, it is important for you to be informed on the current state of the market with regards to price. So, I have compiled statistics from the MLS regarding the inventory of single-family homes that are currently listed for sale in Coral Gables. Below, you will find charts highlighting the percentage of homes that are currently on the market in certain price points and the average price per square foot of these homes currently listed for sale. After looking at what is currently on the market, most people ask “what will these homes actually sell for?!” The best indicator of what a home may sell for in the current market is to look at the closed sales in the area over the last 6 months. This will give you a good indication of the “discount” that you may be able to expect if you plan to buy a home today. So, I have also included a graph showing all closed sales in Coral Gables over the past 6 months, broken down by price per square foot. Coral Gables Single-Family Homes Currently For Sale (as of 8/1/17) Coral Gables Single-Family Homes Currently For Sale – Average Price Per Square Foot (as of 8/1/17) Coral Gables Single-Family Homes Closed Sales – Last 6 Months – Average Price Per Square Foot (as of 8/1/17) If you are interested in purchasing a home in Coral Gables, or simply would like more information about the Coral Gables real estate market, please contact Michael Light, Director of Luxury Sales at Douglas Elliman. You may reach Michael directly at his office at (305) 350-9842, on his cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com. Note: The MLS data for the information contained herein was retrieved from the MLS on August 1, 2017
Top 6 Miami Spots to Enjoy the 4th of July, 2017 Posted on July 1, 2017 by Michael Light One of the perks of living in South Florida is the array of 4th of July festivities to celebrate America’s Independence Day. Whether you choose to celebrate and watch from land or sea or a high-rise condo, the exploding lights in the sky in Miami are quite spectacular. In many locations in Miami from boat or high-rise condos, you can see upwards of 5 or 6 different firework shows at once…we definitely live in the Magic City! Below are our top 6 picks for 4th of July celebrations this year, but first, we want to say that we are eternally grateful to those men and women who have fought and sacrificed for our country and our freedom. Miami Luxury Homes is wishing you and your family a happy, safe and peaceful Fourth of July Weekend! CocoWalk’s 4th of July Picnic & Fireworks CocoWalk, the iconic outdoor shopping center in Center Coconut Grove, has a full day of fun activities for the whole family. The Coconut Grove celebration kicks off at 11 a.m. for an old-fashioned picnic at the historic Barnacle, then onto the CocoWalk festivities beginning at 3 p.m. which include live entertainment, interactive games and the 9th Annual Hot Dog Eating Contest at 6p.m. The firework show will begin at 9 p.m. at Peacock Park. Biltmore’s 2017 Fireworks Spectacular This spectacular annual event is put on by the City of Coral Gables and includes open bar, BBQ and fireworks display with general admission (per person) for members at $145 for Adults/$45 Children and non-members at $180 for Adults/$50 Children. VIP tables of 10 people are also offered for $1,700. America’s Birthday Bash at Bayfront Park This downtown firework display along Biscayne Bay is the largest free firework show in South Florida and includes music, food, beverages and a kid’s zone opening at 3 p.m. with fireworks starting at 9 p.m. South Pointe Park This prestigious neighborhood located on the southern point of Miami Beach is cozy and surrounded by water, making it a beautiful place to enjoy the fireworks. Key Biscayne 4th of July Parade and Fireworks This Independence Day celebration is kicked off by the 57th Annual Parade on Crandon Boulevard at 11 a.m. and followed by fireworks at 9 p.m., which can be viewed from the Village Green. North Beach 4th of July Celebration This North Miami Beach celebration will take place around 73rd Street along Ocean Terrace beginning at noon with live musical performances and yummy food trucks. The firework show will begin at 9 p.m. “Those who deny freedom to others deserve it not for themselves.” Abraham Lincoln.
Coral Gables – June, 2017 Market Snapshot Posted on June 15, 2017August 4, 2017 by Michael Light The Coral Gables June, 2017 Market Snapshot gives you up-to-date market statistics for real estate in Coral Gables including current properties listed for sale and closed sales in the last six (6) months. If you are considering selling your home or purchasing real estate in Coral Gables, it is important for you to be informed on the current state of the market with regards to price. So, I have compiled statistics from the MLS regarding the inventory of single-family homes that are currently listed for sale in Coral Gables. Below, you will find charts highlighting the percentage of homes that are currently on the market in certain price points and the average price per square foot of these homes currently listed for sale. After looking at what is currently on the market, most people ask “what will these homes actually sell for?!” The best indicator of what a home may sell for in the current market is to look at the closed sales in the area over the last 6 months. This will give you a good indication of the “discount” that you may be able to expect if you plan to buy a home today. So, I have also included a graph showing all closed sales in Coral Gables over the past 6 months, broken down by price per square foot. Coral Gables Single-Family Homes Currently for Sale (as of 6/13/17) Coral Gables Single-Family Homes Currently for Sale – Average Price Per Square Foot (as of 6/13/17) Coral Gables Single-Family Homes Closed Sales – Last 6 Months – Average Price Per Square Foot (as of 6/13/17) If you are interested in purchasing a home in Coral Gables, or simply would like more information about the Coral Gables real estate market, please contact Michael Light, Director of Luxury Sales at Douglas Elliman. You may reach Michael directly at his office at (305) 350-9842, on his cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com. Note: The MLS data for the information contained herein was retrieved from the MLS on June 13, 2017
New Name & Design for Largest Project in Coral Gables History Posted on April 29, 2017 by Michael Light The biggest project to ever be approved in Coral Gables now has a modified design and a new name! Formerly dubbed ‘The Mediterranean Village,’ the new mixed-use project soon to be located at Ponce Circle is now called ‘The Plaza Coral Gables,’ and many city leaders are hoping that this mega-plaza will become a true landmark in the City Beautiful. Although the project was approved almost 2 years ago, the developer, Agave Ponce, has made some major modifications to the plans including reducing the maximum height of the project and reducing the retail square footage. The new design reduced the maximum height from 218 feet to 190 feet and chopped the retail square footage in almost half from 265,000 square feet to approximately 137,000 square feet. The latest plans also made a huge change not only removing the proposed underground parking, but also switching from 214 condo units to 136 apartment units, making the development a rental building versus selling condos to individual owners. But, on a positive note, these changes also mean less construction time for the overall project, reducing the construction time by at least 8 months. Despite the modifications, The Plaza Coral Gables will still include a high-end hotel, retail space just south of Miracle Mile, restaurants and office space. The new plans were presented and approved by the City Commission at the end of March, and the developer expects to break ground on the vast development late this year (2017) or early 2018 with an estimated completion date between 2020-2021, according to the Miami Herald. If you, or someone you know, are interested in learning more about the real estate market in Coral Gables, please contact Michael Light, Founder/Owner of the Miami Luxury Homes Group at Douglas Elliman Real Estate. You may reach Michael at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.