Coming up events and Some Real Estate news

*Avocado Festival
Saturday, Aug 18 9:00a to 5:00p
at Unity Center of Miami, Miami, FL
Age Suitability: None Specified
Tags: There are no tags.
CELEBRATE SUMMER WITH UNITY CENTER OF MIAMI'S EVERYTHING AVOCADO FESTIVAL.. PURCHASE HOME GROWN HOME PICKED AVOCADOS. ENJOY MUSIC, FOODS & DRINKS. FACIALS, HAIR & MASSAGE with Avocado Based Products.
August 18, 2012 9am-5pm @ 16320 SW 147 Ave Miami, Fl

*Wine by the Bay Presents a "Beer Tasting"
Thursday, Aug 16 7:00p
at Wine by the Bay, Miami, FL
Price: Call for Details
Phone: (305) 455-9791
Age Suitability: 21 and up
Tags: wine tasting event downtown miami cultural art
Tonight we will be tasting some of the best beers Germany has to offer. Lederhosen is optional! RSVP is required to info@winebtb.com or 305.455.9791.Wine by the Bay is Downtown Miami’s best source of wine for all tastes and budgets, Champagne, exotic beer, Foie Gras, and caviar. Plus art exhibits and cultural events! Free delivery to select areas with a purchase of 6 bottles or more.

*Sunset Marketplace
Saturday, Aug 18 10:00a to 6:00p
at Sunset Place, Miami, FL
Price: Free
Phone: (305) 531-0038
Age Suitability: All Ages
Tags: fruit, organic, honey, vegetable
The market will include organic foods, fruits and vegetables, soaps, tropical fruit smoothies, plants and baked foods

*Nestor Torres to Perform and Introduce New Musical Acts Towynwood Kitchen & Bar Weekly Music Series
Thursday, Aug 16 7:30p
at Wynwood Kitchen and Bar, Miami, FL
Phone: (305) 722-8959
Age Suitability: None Specified
Tags: There are no tags.
As part of Wynwood Kitchen & Bar's music series, curated by Grammy Award-winning jazz flautist Nestor Torres, musical talent Big Brooklyn Red will be performing Thursday, August 16 at 7:30 p.m.

The series continues through the summer and until further notice. All performances begin at 7:30 p.m.

*Miami Raymi
Saturday, Aug 18 7:30p
at Area Stage Company at Riviera Plaza, Coral Gables, FL
Price: $ 15.00
Phone: (305) 776-1073
Age Suitability: All Ages
Tags: music, folk, peru, andes, miami, kuyayky, raymi
"Miami Raymi"
Back by public demand

“Miami Raymi” is a unique and spectacular show that features Andean music, dance, video and photography as an allegory of the “Inti Raymi”also known as the Festival of the Sun, one of the biggest ceremonies
in honor of nature performed by the people of the Andes.
This event is produced by Kuy Productions and the Kuyayky Foundation.

REAL ESTATE HAPPENINGS

*Indian Creek mansion sells for record $47 million
In the latest sign that luxury property is hot, especially in South Florida, an estate at 3 Indian Creek fetched $47 million, a Miami-Dade record.

This bayfront Indian Creek mansion sold Tuesday for $47 million, marking the highest price paid for a residence in Miami-Dade County history.
A spectacular bayfront Indian Creek mansion sold Tuesday for $47 million, marking the highest price paid for a residence in Miami-Dade County history, according to real estate agents.
The new 10-bedroom, 14-bathroom resort-style estate at 3 Indian Creek is nestled on a lot that measures 200 feet by 400 feet — that’s a little less than two acres — facing west to the aquamarine waters of Biscayne Bay. It was constructed along a series of pavilions connected by stone walkways and garden walls.
The original asking price was $60 million, later marked down to $52 million.
The largely glass home, which brings in natural light and integrates the outdoors, features a 100-foot swimming pool and cabana, six wet bars, a rooftop sky bar and Jacuzzi, plus a spa and glass-enclosed waterfront gym at the home, which spans 22,000 square feet of enclosed space. Its beach has pink sand imported from the Bahamas.
There is a 3D theater, a recording studio, a vertical garden and indoor reflecting pools

*Insurance ‘sticker shock’ for home buyers
As rates rise at Citizens Property Insurance Corp., real estate professionals say Florida’s housing market is taking a hit
TALLAHASSEE -- Justin and Ashleigh Leto were ready to buy their Florida dream home. The property was perfect, the price was acceptable and the sellers were ready to hand over the keys to the first-time homebuyers.
One problem: insurance.
The home, a four-bedroom in Coconut Grove, had been deemed risky by all licensed private insurers, leaving state-run Citizens Property Insurance as the only company willing to cover it. Due to recent changes at Citizens, the quote for the annual insurance premium was far higher than anything the Letos had budgeted for. The deal nearly fell through.
“If I didn’t have friends who had warned me about the high cost of insurance, I would have been shell-shocked,” said Justin Leto, who closed on the house in June but still worries about the $11,000 annual insurance premium. “For a lot of people, this is going to make it impossible to buy a home.”
It’s a scenario playing out across the state, as rising insurance premiums play an increasing role in the home sales market, according to real estate agents and home builders.


RECENT SALES


*10170 SW 125 AVE$417,000.00 Buyer: ORTEGA, VALERIA C
Assessed value: $415,533.00
Recording date: 08/03/2012
Seller: PIONEER INVEST ENTERP INC TRU
Beds/baths: 4/2
House square feet: 2829

*10301 SW 117 AVE$293,000.00 Buyer: PERNUDI, KIMBERLY S
Assessed value: $291,713.00
Recording date: 03/27/2012
Distance: 1.6 miles
Seller: VELEZ, MARIO
Beds/baths: 3/2
House square feet:2490

*9300 SW 153 PSGE$275,000.00 Buyer: PRIVATE LENDING GRP LLC
Assessed value: $275,035.00
Recording date: 06/01/2012
Distance: 2.7 miles
Seller: PINO, SERGIO
Beds/baths: 4/3
House square feet: 3077