Avisha Kassir- Venetian Islands - January 2018

VENETIAN JANUARY 2018 EDITION

See Inside for Your Guide to Sunset Harbour!

Prepared Specially for

Jonathan and Angela-Marie Williams

Presented By Avisha Kassir, the Venetian Queen YOUR VENETIAN ISLANDS NEIGHBOR & REAL ESTATE SPECIALIST

www.VenetianOnTheBeach.com

Avisha Kassir

Avisha & Anne helped sell our home in two weeks for a great price. They are super organized and efficient. They independently organized the open houses and even helped design our place for the open houses. After the sale, they helped us find our dream home and again provided guidance during the design process. I highly recommend Avisha & Anne from Sorelle Realty!

— 5-Star Zillow Review

Broker Associate Board Member of VIHA

571.436.7551 avisha@sorellerealty.com www.VenetianOnTheBeach.com

Two Sisters Dedicated to All of Your Real Estate Needs

A Message From Your Venetian Islands Neighbor & Specialist As your Venetian Islands Neighbor and Real Estate Specialist, nobody knows the local real estate market better.

Realizing your home is an important asset, I believe keeping you informed of current market trends and Venetian Islands home values is one of the greatest services I can provide. Thank you for taking the time to read my report. If you have any questions regarding any of the information contained herein or would like to discuss the value of your property, please don’t hesitate to call me.

Avisha Kassir

SUNSET HARBOUR GUIDE SHOPPING

35 36

50 37 16 20

17 53

47

18TH STREET 39 19 9 LVD 11 1 25 38 B DE A D 24

2 Frankie

29 Lucali

3 Sunset Clothing

30 Jugo Fresh

6 32 30 7 8 45 15 33

4 Eberjey

31 Dreamer Cafe

5 Marketing Clothing Store

32 Sunset Juice

6 Backroom

33 Due Baci

7 Consign with the Times

34 La Moderna

8 Blush

35 NaiYaRa

9 TKS

36 Dirt Eat Clean

10 Glimpse

37 Dr. Smood

10 18 49 41 40

SUNSET DRIVE

21 12

34

BAY RD

PURDY AVE

2 23 51 4 22 13

44

28 Barceloneta

31

WEST AVE

20TH STREET

27 52 5 14 46 28 29 48 42 26 3 43

1 Beach Boutique

SPORTS & FITNESS 11 South Beach Kayak 12 Title Boxing 13 Barry's Bootcamp 14 Flywheel 15 Anatomy Gym 16 Green Monkey Yoga 17 Hauser Bayside Pilates 18 Tropical Vinyasa Yoga DINING 19 Stiltsville Fish Bar 20 Sardinia Ristorante 21 Purdy Lounge 22 Icebox 23 Panther Coffee 24 Savory Bakery & Cafe 25 El Grito 26 Ofa 27 Pubbelly

38 Lutum 39 Sushi Garage 40 Soul Tavern 41 Juice Lab 42 Bay Club 43 True Loaf 44 Tequiztlan

GROCERIES & MARKETS 45 Rosinella Market 46 Azul Spirits & Wines 47 Fresh Market 48 Publix

BEAUTY 49 Skin by Tatum 50 1821 Salon 51 GEE 52 HK Salon 53 Atma Beauty

VENETIAN MARKET REPORT

Jonathan and Angela-Marie, This market report was prepared especially for you. For an in-depth, analysis of your home, please call me today at 571.436.7551 and visit:

www.VenetianOnTheBeach.com Venetian Islands Water Lot Homes Homes Currently Active: Average Active List Price: Homes Currently Pending: Average Pending List Price:

32 $10,022,344 2 $7,925,500

Venetian Islands Dry Lot Homes 11 $2,258,273 4 $1,812,225

Homes Currently Active: Average Active List Price: Homes Currently Pending: Average Pending List Price:

Venetian Islands Homes Sold in the Last 6 Months Status Sold Sold Sold Sold Sold Sold Sold Sold

Address 510 Dilido Drive 401 Rivo Alto Drive 1417 Venetian Way 240 Rivo Alto Drive 16 Dilido Drive 440 Rivo Alto Drive 850 Dilido Drive 409 Dilido Drive

Beds 6 5 3 4 4 4 4 5

Baths 5 5 4 4 5 3 3 6

Waterfront Property Y/N Yes No Yes Yes Yes No No Yes

Estimated Square Feet 5,186 5,036 4,008 3,427 5,607 3,150 2,862 N/A

List Price $6,699,000 $4,490,000 $5,495,000 $4,300,000 $11,500,000 $2,999,999 $1,999,000 $4,795,000

List Date 01/05/17 08/31/16 03/21/17 06/27/17 08/16/17 09/14/16 06/06/17 04/24/17

Sold Price $6,248,950 $4,100,000 $5,100,000 $3,300,000 $9,000,000 $2,700,000 $1,785,000 $4,300,000

Sold Date 12/08/17 11/15/17 11/13/17 10/06/17 10/05/17 08/03/17 07/26/17 07/21/17

Days On Market 291 370 386 41 1 280 6 499

Avisha Kassir and Sorelle Realty are not in any way affiliated with the Venetian Islands Home Owners Association, nor is this in any way an official advertisement or publication of Venetian Islands. Š 2018 Sorelle Realty All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to Miami MLS as of December 20th, 2017. Listings and sales may not be those of Sorelle Realty. Miami MLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.

VENETIAN ISLANDS CURRENT MARKET ACTIVITY

Active

Pending

Sold

ÂŽGoogle 2018

Avisha Kassir

Queen VENETIAN

Broker Associate Board Member of VIHA

571.436.7551 avisha@sorellerealty.com www.VenetianOnTheBeach.com

Your Local Agent with International Reach Sorelle Realty 412 E. Rivo Alto Drive Miami Beach, FL 33139 Each Office Independently Owned and Operated

Visit www.VenetianOnTheBeach.com for community info and more.

THE AVERAGE SOLD PRICE HAS INCREASED! AVERAGE SOLD PRICE

TOTAL HOMES SOLD

Water Lot Homes $6,897,050

Water Lot Homes 19

Increased 18.3% compared to 2016 ($5,829,654)

Increased 46.2% compared to 2016 (13)

Dry Lot Homes $2,104,286

Dry Lot Homes 7

Increased 11.1% compared to 2016 ($1,894,000)

Increased 40% compared to 2016 (5)

AVG. SOLD PRICE PER SQ. FT.

AVERAGE DAYS ON MARKET

AVERAGE SOLD PRICE/LIST PRICE

Water Lot Homes $1,332

Water Lot Homes 245

Water Lot Homes 88.5%

Increased 7.9% compared to 2016 ($1,234)

Increased 26.3% compared to 2016 (194)

Increased 2.8% compared to 2016 (85.7%)

Dry Lot Homes $613

Dry Lot Homes 228

Dry Lot Homes 89.2%

Decreased 4.5% compared to 2016 ($642)

Increased 9.6% compared to 2016 (208)

Decreased 1.8% compared to 2016 (91%)

Dear Jonathan and Angela-Marie, Venetian Islands has seen beneficial changes to its housing market in 2017 that should continue into 2018. If you’ve considered selling, now is the time to get a great return on your investment!

Call me today at 571.436.7551 to find out how I can help you find your next dream home.

Reflects data from the Miami MLS from January 1st through December 20th, 2016 and 2017. Deemed accurate but not guaranteed.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.847.8631 | © 2018

VENETIAN ISLANDS • 2017 REAL ESTATE REVIEW