Good News High Pines!! Home Values Off The Charts!

A $775,000 High Pines Tear Down??

Neighbors in the High Pines and Ponce Davis areas must have thought they were witnessing the worst April Fools Day prank this past Tuesday when the beautiful home at 7437 SW 52 Court was razed to the ground.  That was not a prank!


The current owners bought the property in July of 2013 for $775,000, within 3% of the original asking price.  Within less than a year they have made what must have been a very difficult decision to tear down the beautiful home that was on the property to make space for a new one.  It was a source of mixed emotions for neighbors on SW 52 Ct who were sad to see the charming home torn down while at the same time excited to see what new home will be built in its place.

This new construction is important real estate news for the High Pines area.  Current home owners and potential buyers are feeling so confident about High Pines that they are willing to spend upwards of $750k to buy a property to build a new home on.  What does this mean for you?

High Pines is in for a period of change during which developers and buyers looking for well located property, in a gem of a neighborhood, will be seriously considering all potential new home construction lots in the area.  No matter what condition your home is in you should consider your options.  This next cycle of new construction and home sales are sure to bring great opportunities to you.

I just sold the property at 7406 SW 52 Ct in just over a month.  For all your real estate needs or any questions about the High Pines market please contact me.


About The Author

Adrian Foley

Luxury Real Estate Agent serving the areas of Palmetto Bay, Pinecrest, Edgewater, Key Biscayne, Coral Gables, Coconut Grove, and South Miami. Licensed Attorney.


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