Wealth Building 101 for NY and NJ residents: Modeling

A fundamental rule of building wealth in America is modeling.  In other words, if you want to be wealthy, identify someone who matches your definition of what you wish to be like and DO WHAT THEY DO!!!

Billionaire Carl Icahn relocates his business and home from New York City to MIAMI, FLORIDA!!

Like so many other wealthy Americans fleeing the vice of local, state income, estate and inheritance taxes plaguing the states of New York and New Jersey, Mr. Icahn has decided to take his talents (and his portfolio) to South Beach.  The writing is on the wall for both the Empire State and the Garden State: the High End is Hightailing it out of your states, and South Florida is rolling out the low tax red carpet! Governors Cuomo (D-NY) and Murphy (D-NJ) and Mayor DiBlasio (D-NYC) have orchestrated a rush to the exits for wealthy residents usually reserved for emergencies requiring first responders.

Now that we know what is the reason for the exodus, why they are moving to South Florida, who the main culprits responsible for this phenomenon are, and where they are heading for refuge, two questions remain:

1.  How much longer do you wish to fall victim to this siege on your hard-earned money?

2.  When is enough .......enough?

Only you can answer these questions.  I love New York, and I was born and raised in New Jersey.  It saddens me greatly that along with California, they are the worst places in the country to build, grow and maintain one's wealth.  However, this is a free country!  With greater wealth, we can visit often and have a great time!!

So, if you can see South Florida in your crystal ball, allow me to offer a couple of virtual suggestions of possible luxury homes you may want to call your very own sanctuary from the grip of excessive taxation and diminishing personal wealth.

Nestled within the copious flora and artful ambiance of the Village of Coconut Grove, 1672 Micanopy Ave is a proverbial Fortress of Understated Luxury.  Listed for $2,399,000 this 5 Bedroom /5 1/2 Bath pool home is a residence that exudes the architectural grace and integrity of the Mediterranean with a keen awareness of the South Florida lifestyle. Take a few minutes to visit this property from the comfort of your home 





Another possible sanctuary is this incredibly warm and inviting 5 Bedroom / 4 Bath Corner Pool Home in the exclusive Village of Pinecrest.  Prior to listing the property, the Seller agreed to have a Max Home Inspections conduct a thorough inspection of the home and it was found to be in exceptional condition.  This is a truly spectacular home listed for $1,250,000.  Please watch the video below.  There I provide extensive information and photos I'm sure will sweep you off your feet.




You see? Things are tough in Jersey and New York, but it doesn't have to be this way!

While I dedicate this blog post to future escapees from New York and New Jersey, I welcome all my readers to check out these amazing properties.  Please contact me at 305.282.1763 or at hpedroso17@gmail.com for more information or to schedule a private showing! I hope you've enjoyed reading this post as much as I've enjoyed putting it together for you.

I look forward to helping you with all things South Florida real estate.  Thanks again and best wishes!

1672 Micanopy Ave Coconut Grove, FL 33133 - There are Smart Homes, and then there is PURE GENIUS!

1672 Micanopy Ave Coconut Grove, FL 33133

Most luxury homes boast architectural design beauty with features and finishes to match.  When you see the following video, I think you'll see this amazing 5 Bedroom 5 1/2 Bath (4 Beds /4 1/2 Baths in Main House, and a separate but attached 1 Bed / 1 bath guest  quarter / office) Mediterranean pool home certainly satisfies that criteria.  Where this home distinguishes itself is the level of sheer genius that exceeds the cosmetic and aesthetic qualities of typical upscale residences by incorporating environmental and logistical considerations as well as safety and efficiency features to complement its physical appeal.

Environmentally, this home is located in the North End of beautiful Coconut Grove on a quiet tree-lined street that evokes a feeling of serenity and peaceful synergy with nature. The ambiance is one of tranquil opulence.  In addition to its ambient allure, the home sits atop an elevated coral bluff which affords neighbors excellent drainage from South Florida precipitation and an X Flood Zone designation eliminating the insurance-related requirement for flood insurance. Incidentally, Biscayne Bay is ironically within walking distance from the front door!

Logistically, while the home is located within the eclectic and artsy Village of Coconut Grove, the electricity and excitement of the Brickell / Biscayne Corridor, Wynwood, Design District, and South Beach are practically within arm's reach.  Convenience is a foregone conclusion, as the home is nestled within some of finest shopping and entertainment venues in South Florida.  Mercy Hospital is less than a mile from the home, and the community boasts some of the finest schools and universities in the country. 

As far as safety is concerned, the home is equipped with high impact windows and doors throughout, motion-activated lighting and a security system.  The home is also protected from the elements by beautiful luxury properties adjacent to it.  And for the ultimate n safety and security, the residence is equipped with a powerful built-in generator with an Automatic Transfer Switch.  In other words, the home is a fortified sanctuary.

In terms of efficiency, the NEST thermostats and state of the art wiring allows you integrate technologies to program your comfort easily and without undue stress.

If everything I've described has piqued your interest, then the following video will have you racing to your phone to schedule a private showing as soon as possible.  I look forward to showing you your next home.  Now, sit back and enjoy the show. Thank you.

Post-Dorian: How did we get so LUCKY?

Somebody upstairs really likes Miami!

Hurricane Dorian spent 4 days hugging the Atlantic Coast of Florida spinning Cat 5 winds and biblical amounts of torrential rain and storm surge, 2 1/2 of those days in a virtual state of directional paralysis, and yet....Miami walked away virtually without a scratch!!! Thank you, God!

As a homeowner, like everyone else the word "hurricane" strikes a very sensitive nerve.  The very possibility of a major storm hitting my home and endangering the wellbeing of my family sends me into "Guardian of the Galaxy" mode, making preparations and taking measures to protect everything I own and love, as well as trying to help out family members, friends, and neighbors.   As a Realtor, the mindset extends beyond that to include past and current clients, service providers, and entire communities.

The fact that Miami was spared Dorian's wrath is nothing short of a miracle.

We've all seen the devastating images on TV and the internet of the damage and destruction Dorian has caused in the Bahamas and beyond.  If I were from any other part of the country or the world, I'd find it next to impossible to believe that Miami suffered very little if any damage.

So here's proof.  I've listed a fantastic luxury home in North Coconut Grove at 1672 Micanopy Ave, about 150 yards from the edge of Biscayne Bay.  I had my photographer come out yesterday to take a few exterior photos, and I was amazed at how great they turned out.  Take a look:

A little trivia. The city of Miami is the only major American city founded by a woman.  It was Julia Tuttle who convinced Henry Flagler to build his railroad South from Jacksonville and have him persuade farmers to develop Dade County into an agricultural Mecca after a long winter frost ruined the North Florida citrus harvest of 1894-95. Maybe it's the woman's touch that has bestowed Miami with its beauty, color, excitement, resiliency and sensual qualities.  I don't know, but I like to think so!

For more information on this and other beautiful homes in South Florida, I'd be honored if you visited LoveMiamiLuxury.com.

If you'd like to know more about this particular 5 Bedroom / 5 1/2 Bath residence, visit https://property.listreports.com/HJk7RH7Vr/1672-micanopy-ave-miami-fl-33133. 

Have a terrific day.  Please contact me if you have any questions.

Dorian: The Aftermath

As Dorian, the second most devastating storm in recorded history to ever hit the Atlantic basin continues to terrorize and cause havoc up the Southeastern seaboard, residents of the Bahamas struggle to come to grips with the cataclysmic loss of life and property they've had to endure.  As fellow members of the human race, we offer our most heartfelt sympathies for the pain and suffering they have undergone and hope and pray for a speedy recovery from the material, physical and emotional strain that was foisted upon them.

A number of reputable relief organizations have already launched initiatives to search for, rescue, recover, and/or provide humanitarian and medical aid to the Bahamas and other areas affected by the storm.  Organizations include:

1. Red Cross

2. Global Giving

3. Yacht Aid "Operation Topaz"

4. Team Rubicon


There are others, and I hope you find one or more that inspires you to give to these poor people. Every donation is a welcome life-saving gesture, no matter how big or small. Thank you in advance for your generosity of spirit and compassion. God bless you.

Featured Listing

1672 Micanopy Ave Coconut Grove, FL 33133 - Luxury with an Advanced Degree1672 Micanopy Ave - A Smart Home Steeped in Luxury