Doral Residential Real Estate Market Stats

The following is what the market looked like in 2016:

Takeaway- Condo/Townhome sales prices are holding steady, and Single Family home sales prices are not. In Doral the distressed property market is no longer significant.

Has Doral reached it’s pricing peak for now? ¬†What say you and why?

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I hope this helps!

If you are on the fence about selling your home & would like to know exactly what it’s going to take to get your home sold in this market, give us a call today! FREE information, NO obligation! Richard RecusetūüĎČ786.471.5228ūüĎą ¬†“The Doral Real Estate Specialists”

Recuset Realty is a full service residential, commercial and property management real estate firm based in #Doral , Fl . (South Florida). Independent and privately owned since its founding in 2015, the firm is a member of National Association of Realtors , and founders of Doral Business Network of independent business owners based in Doral, Fl. providing global integrated service solutions.

The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; agency/project leasing; capital advisory/investment sales; retail services and more. For more information, visithttp://www.recusetrealty.com

‚ÄúSi usted no dispone del tiempo y/o no posee los conocimientos, entreguele la propiedad en manos de un Corredor calificado‚ÄĚ

*Nothing in this article is intended to solicit listings currently under contract with another broker.  This article offers no legal or tax advise and is for information purposes only. No representations or warranties whatsoever, express or implied, are given as to the accuracy or applicability of the information contained herein. The information may be modified or rendered incorrect by changes in the marketplace or developments in the law, or for any other reason, and may not be applicable to any individual reader’s facts and circumstances.

#RecusetRealtyRocks

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Senior Exemption in Miami-Dade County, Fl

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Get your refund!

There’s a Constitutional Amendment 5 that was voter approved recently that changed the qualifications for the “Long-Term Resident Senior Exemption.”¬†

The requirement now is that the property has to have a value of $250k or less only the first year in qualifying for the exemption.

So this message is mostly for those seniors who lost the Long-Term Resident Senior Exemption only because the property market value increased over $250k. ¬†Guess what? If this is you, you may now apply for a refund for the year or years you’ve lost the exemption.

This is great news for those who need it the most-seniors, and especially who are on a low fixed income.

For any questions on this matter call the appraisers office 305-375-4712.

Recuset Realty is a full service residential and commercial real estate firm based in #Doral , Fl . (South Florida). Independent and privately owned since its founding in 2015, the firm is a member of National Association of Realtors , and founders of Doral Business Network of independent business owners based in Doral, Fl. providing global integrated service solutions.

The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; agency/project leasing; capital advisory/investment sales; retail services and more. For more information, visithttp://www.recusetrealty.com

‚ÄúSi usted no dispone del tiempo y/o no posee los conocimientos, entreguele la propiedad en manos de un Corredor calificado‚ÄĚ

*Nothing in this article is intended to solicit listings currently under contract with another broker.  This article offers no legal or tax advise and is for information purposes only. No representations or warranties whatsoever, express or implied, are given as to the accuracy or applicability of the information contained herein. The information may be modified or rendered incorrect by changes in the marketplace or developments in the law, or for any other reason, and may not be applicable to any individual reader’s facts and circumstances.

#RecusetRealtyRocks

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The Greens of Doral Rental

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1 bed. 1 bath., 907 sqft.

Completely updated and ready to move in. Beautiful Large 1 Bedroom 1 Bath with den/office.Tiled & Wooden floors throughout. High cathedral ceilings, kitchen has new appliances with black granite tops and dark wood cabinets, Built-In-Walk-in closets. Balcony with view to tennis courts.Walking dist. to Starbucks, Publix, Bus Stops,Restaurants and shops.

Recuset Realty is a full service residential and commercial real estate firm based in #Doral , Fl . (South Florida). Independent and privately owned since its founding in 2015, the firm is a member of National Association of Realtors , and founders of Doral Business Network of independent business owners based in Doral, Fl. providing global integrated service solutions.

The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; agency/project leasing; capital advisory/investment sales; retail services and more. For more information, visithttp://www.recusetrealty.com

‚ÄúSi usted no dispone del tiempo y/o no posee los conocimientos, entreguele la propiedad en manos de un Corredor calificado‚ÄĚ

*Nothing in this article is intended to solicit listings currently under contract with another broker.  This article offers no legal or tax advise and is for information purposes only. No representations or warranties whatsoever, express or implied, are given as to the accuracy or applicability of the information contained herein. The information may be modified or rendered incorrect by changes in the marketplace or developments in the law, or for any other reason, and may not be applicable to any individual reader’s facts and circumstances.

#RecusetRealtyRocks

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Landlord/Tenant

 

keyWhat to do when…

The A/C stopped working but the landlord is not responsive.

Q: A landlord and tenant entered into a residential lease that requires the landlord to maintain the air-conditioning unit, but does not require a deadline for repairs.

The tenant reported that the unit needs repair on Monday, but the tenant has not received a response from the landlord. It’s now Friday, and the tenant is hot and miserable.

Is there a Florida law regarding how long a landlord has to make repairs required by a lease?

A: While there is no specific statutory timeline for making repairs, there is a way for the tenant to create one. The tenant may provide a written seven-day notice, described in section 83.56(1), Florida Statutes, which provides that “If the landlord materially fails to comply with s.83.51(1) or material provisions of the rental agreement within seven days after delivery of written notice by the tenant specifying the noncompliance and indicating the intention of the tenant to terminate the rental agreement by reason thereof, the tenant may terminate the rental agreement.”

 

Recuset Realty is a full service residential and commercial real estate firm based in #Doral , Fl . (South Florida). Independent and privately owned since its founding in 2015, the firm is a member of National Association of Realtors , and founders of Doral Business Network of independent business owners based in Doral, Fl. providing global integrated service solutions.

The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; agency/project leasing; capital advisory/investment sales; retail services and more. For more information, visithttp://www.recusetrealty.com

‚ÄúSi usted no dispone del tiempo y/o no posee los conocimientos, entreguele la propiedad en manos de un Corredor calificado‚ÄĚ

*Nothing in this article is intended to solicit listings currently under contract with another broker.  This article offers no legal or tax advise and is for information purposes only. No representations or warranties whatsoever, express or implied, are given as to the accuracy or applicability of the information contained herein. The information may be modified or rendered incorrect by changes in the marketplace or developments in the law, or for any other reason, and may not be applicable to any individual reader’s facts and circumstances.

#RecusetRealtyRocks

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Property Assessment Challenges

Hey property owners did you know if you disagree with the value placed on your property you now may challenge the assessment before the (VAB) Value Adjustment Board.

Currently, only an attorney or “agent” may represent owners, but the list of owner representation has been expanded to include a real estate appraiser or broker.

Recuset Realty is a full service residential and commercial real estate firm based in #Doral , Fl . (South Florida). Independent and privately owned since its founding in 2015, the firm is a member of National Association of Realtors , and founders of Doral Business Network of independent business owners based in Doral, Fl. providing global integrated service solutions.

The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; agency/project leasing; capital advisory/investment sales; retail services and more. For more information, visithttp://www.recusetrealty.com

‚ÄúSi usted no dispone del tiempo y/o no posee los conocimientos, entreguele la propiedad en manos de un Corredor calificado‚ÄĚ

*Nothing in this article is intended to solicit listings currently under contract with another broker.  This article offers no legal or tax advise and is for information purposes only. No representations or warranties whatsoever, express or implied, are given as to the accuracy or applicability of the information contained herein. The information may be modified or rendered incorrect by changes in the marketplace or developments in the law, or for any other reason, and may not be applicable to any individual reader’s facts and circumstances.

#RecusetRealtyRocks

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Furniture for sale

Need to get rid if this furniture this week. Anyone know someone that might need it ?  No reasonable offer will be refused..
Queen bedroom
Dining room table and more…

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Recuset Realty is a full service residential and commercial real estate firm based in Doral, Fl . (South Florida). Independent and privately owned since its founding in 2015, the firm is a member of National Association of Realtors , and founders of Doral Business Network of independent business owners based in Doral, Fl. providing global integrated service solutions.

The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; agency/project leasing; capital advisory/investment sales; retail services and more. For more information, visithttp://www.recusetrealty.com

‚ÄúSi usted no dispone del tiempo y/o no posee los conocimientos, entreguele la propiedad en manos de un Corredor calificado‚ÄĚ

*Nothing in this article is intended to solicit listings currently under contract with another broker.  This article offers no legal or tax advise and is for information purposes only. No representations or warranties whatsoever, express or implied, are given as to the accuracy or applicability of the information contained herein. The information may be modified or rendered incorrect by changes in the marketplace or developments in the law, or for any other reason, and may not be applicable to any individual reader’s facts and circumstances.

#RecusetRealtyRocks

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West Miami House For Quick Sale

6111 SW 13 TE, 3/2 with Garage        $290,000

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Rare find! Fantastic fenced in single family home on a tree lined street. 3/2, with 1 car garage. Just needs updating (No cental A/C.. A great home in a much sought after location. Best deal in West Miami! $290,000 Tax roll -1,664 sqft. (House is larger than tax roll)

 

When you hire Recuset Realty for your real estate needs, you not only get highly qualified professionals on your side, but also access to information, markets, technology and a team of real estate experts.

You also tap into a global network with vast experience in residential and commercial real estate.

Richard Recuset could be reached at 786-471-5228, Richard@recuset.com

‚ÄúSi usted no dispone del tiempo y/o no posee los conocimientos, entreguele la propiedad en manos de un Corredor calificado‚ÄĚ

*Nothing in this article is intended to solicit listings currently under contract with another broker.  This article offers no legal or tax advise and is for information purposes only.

 

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Doral Real Estate Market Update

We LOVE Doral web

 

Condo/Townhomes:

There were 107 Doral town homes/Condo’s listed for sale in June (Compared to 72 in May)

Single Family Homes:

There were 52 Single family homes listed for sale in June (Compared to 66 in May).

Highest Priced listing

Condo/Townhomes: $610,900 (Doral Cay)

Single Family Homes: $7,840,000 (Doral Estates)

Lowest Priced listing

Condo/Townhomes: $116,600 (Las Vistas-Foreclosure)

Single Family Homes: $319,900 (Doral Lakes)

Pending Sales

Condo/Townhomes: 41 in June (Compared to 14 in May)

Single Family Homes: 10 in June (Compared to 4 in May)

Closed Sales in June

Condo/Townhomes: 57 in June (Compared to 39 in May)

Single Family Homes: 14 in June (Compared to 13 in May)

Average Sales Price in June

Condo/Townhomes: $260,633 Per sq.ft. $179

Single Family Homes: $549,429 Per sq.ft. $224

The last 5 Single Family homes sold in June were the following:

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1. 7240 NW 112 AV (Doral Isles Catalina)- Listed 2/2015 for $1,365 with several price reductions. Sold $1,150,000.

2. 8551 NW 110 AV (Gallapagos II)- Listed for $798,500 10/2015 with several price reductions. Sold $685,500. I had sold this house in 2013 for $528,500. Several upgrades were added since including a pool.

3. 7863 NW 111 CT (Corsica-Islands of Doral)- Listed 7/2014 for $844,900 then went into bankruptcy and after several price reductions sold $610.000.

4. 9942 NW 49 TE (Doral Woods)- Listed 2/2016 for $505,590 reduced the price once then sold for $450,000.

5. 11058 NW 80 LN (Corsica-Islands of Doral)- Listed for 6/2015 for $599,000 and after several price reductions sold for $457,500.

What‚Äôs important to note is that inventory continues to decrease. There are plenty of buyers waiting for the right home to appear in Doral and when that happens, they sell fast. Pay attention to finishes and what makes a home ‚Äúmarketable‚ÄĚ when you are doing upgrades. Not all upgrades will give you a good return on investment, it‚Äôs good to contact a local REALTOR that knows what buyers are looking for.

We are here to give you a no-obligation listing consultation where we discuss not only price, but condition of your home and give recommendations for how to best show.

Take a look at the yearly price trends in Doral by clicking the tab above (Doral Prices)

 

Recuset Realty International is a full service residential and commercial real estate firm based in Doral, Fl . (South Florida). Independent and privately owned since its founding in 2015, the firm is a member of National Association of Realtors , and founders of Doral Business Network of independent business owners based in Doral, Fl. providing global integrated service solutions.

The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; agency/project leasing; capital advisory/investment sales; retail services and more. For more information, visithttp://www.recusetrealty.com

‚ÄúSi usted no dispone del tiempo y/o no posee los conocimientos, entreguele la propiedad en manos de un Corredor calificado‚ÄĚ

*Nothing in this article is intended to solicit listings currently under contract with another broker.  This article offers no legal or tax advise and is for information purposes only. No representations or warranties whatsoever, express or implied, are given as to the accuracy or applicability of the information contained herein. The information may be modified or rendered incorrect by changes in the marketplace or developments in the law, or for any other reason, and may not be applicable to any individual reader‚Äôs facts and circumstances.

#RecusetRealtyRocks

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Handling Valuable Information

 

Recuset Realty International is a full service residential and commercial real estate firm based in Doral, Fl . (South Florida). Independent and privately owned since its founding in 2015, the firm is a member of National Association of Realtors , and founders of Doral Business Network of independent business owners based in Doral, Fl. providing global integrated service solutions.

The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; agency/project leasing; capital advisory/investment sales; retail services and more. For more information, visithttp://www.recusetrealty.com

‚ÄúSi usted no dispone del tiempo y/o no posee los conocimientos, entreguele la propiedad en manos de un Corredor calificado‚ÄĚ

*Nothing in this article is intended to solicit listings currently under contract with another broker.  This article offers no legal or tax advise and is for information purposes only. No representations or warranties whatsoever, express or implied, are given as to the accuracy or applicability of the information contained herein. The information may be modified or rendered incorrect by changes in the marketplace or developments in the law, or for any other reason, and may not be applicable to any individual reader‚Äôs facts and circumstances.

#RecusetRealtyRocks

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