Malasky Homes has sold their spec home located at 608 Island Drive on Palm Beach’s Everglades Island for $15.5 million, equating to $2,695 per square foot. The home features 5 bedrooms with 6.5 bathrooms and is spread over 5,769 SF.
Douglas Elliman has released their Q4 Market Reports for South Florida, produced in conjunction with Miller Samuel a leading independent appraisal firm. The South Florida Market continued to show power in prices, continuing to increase in both the luxury and overall markets across nearly all markets including Miami Beach and Barrier Islands, Fort Lauderdale, etc.
The Toronto-based developer Great Gulf has launched plans for La Clara, their 25-story luxury condo tower coming to West Palm Beach. La Clara will be located at 1515 South Flagler Drive and will feature 83-residences. Great Gulf, who acquired the site for $24 million in September 2016, expects to break ground in March 2019 and deliver the building in 2021.
Douglas Elliman has released their Q2 Market Reports for South Florida, produced in conjunction with Miller Samuel, a leading independent appraisal firm. Despite the constant rumblings of a bubble or a crash, the South Florida market continued to show strength and prices continuing to push higher in both the luxury and overall markets across nearly all markets
DDG, a leading national real estate development firm known for its progressive design aesthetic, has announced first new beachfront residential development on Palm Beach Island in over a decade, 3550 South Ocean, has officially topped out at 7 stories after breaking ground last summer.
Few neighborhoods have the classic old-Florida charm as the Estate Section of Palm Beach. This classic landmarked Mediterranean estate was designed in 1926 by EB Walton and still features many of the original details included hand-painted tiles, pecky cypress woodwork, iron railings, and cypress paneled walls in the dining room.
The detrimental effects of continued and increasing state tax in high tax northern states such as New York and Connecticut is beginning to show its effects and fast. Greenwich, Connecticut’s 06831 and Manhattan’s Financial District 10005 were once home to numerous Wall Street big wigs and high income earners, yet residents have either fled or shelled their capital holdings in states such as Florida.
There is a new major listing on the prestigious North Ocean Boulevard which was just featured in the music video from country music-star Jenny Tolman’s release of her new song “Something to Complain About” from her album “Jennyville” which aired on CMT March 13.
Palm Beach is home to some of the most spectacular beachfront estates and this North End oceanfront estate located at 1471 N Ocean Boulevard is no exception. The palatial 2.04 acre gated compound situated on 156' of ocean frontage features 8 bedrooms, 11 full bathrooms and 3 partial baths spread over 11,027 SF.
Christie’s International Real Estate has announced that Premier Estate Properties, a Network Affiliate for more than a decade, is opening its sixth South Florida office on Worth Avenue in Palm Beach, Florida, to extend the reach of our venerable brand (January 2018).
Amrit Ocean Resort & Residences has released new interior renderings of their wellness inspired hotel-condo coming to Singer Island in Palm Beach. The project is unique in the sense that each resident will receive a customized wellness program set just for them and a 24/7 wellness advisor.
Brightline will be launching South Florida into the future in early 2018 as they have announced that they will begin their inaugural rail service between West Palm Beach and Fort Lauderdale the week of January 8, 2018.
Built in 1923, Casa del Ensuenos is a classic Palm Beach estate located in the Estate Section on the market asking $32.5 million. The lakefront estate was designed by famed architect Addison Mizner, who in the 1920's was one of the most well-known American architects.
Brightline can finally begin construction on Phase 2, their new line of tracks to Orlando after gaining federal approval from the U.S. DOT for the transit line. Construction on Phase 2 is expected to kick off in early 2018. Service is expected to soon commence between Fort Lauderdale and West Palm Beach, adding service to Miami soon after.
The Related Companies is planning a major revamp of its CityPlace West Palm Beach property, proposing to add 350 apartment units, a new office building and a hotel expansion. Reports show Related Companies plans to knock down the current Macy's building.
An 80-acre equestrian compound located at 13560 Indian Mound Road in Wellington tied to a Houston oil conglomerate has hit the market for $25 million. It is one of the largest properties for sale in South Florida and includes a grass grand prix field with natural jumps, a 26-stall barn with storage.
Special Counsel Mueller's investigation may not have turned up any evidence of collusion between the Trump Campaign and Russia, but it did lead to the indictment by a federal grand Jury of Paul Manafort and business associate Rick Gates on October 27, 2017 on 12 counts of alleged financial crimes.
Palm Beach has no shortage of lavish homes and 742 N Lake Way is no exception. Originally built in 1960 in a regency moderne style, the custom home has been completely rebuilt and renovated to bring it up to modern day standards.
Kelly Slater’s proposed Surf Ranch by Kelly Slater Wave Company in Palm Beach has been approved by Palm Beach County as the surf legend and billionaire Dirk Ziff aim to bring their concept that is already proven in Lenmoore, California to Slater's native Florida.
La Lechuza, the 62-acre estate which is home to the Lechuza Caracas Polo Team, has sold for $17.1 million. The estate was asking $28,900,000 and the deal was brokered with Tom Baldwin of Equestrian Sotheby's International Realty. The buyer is PBC Polo Properties, LLC., an entity owned by Nate Ward, who is partner and co-founder of Palm Beach Capital.
Driftwood Acquisitions and Development (DAD) officially broke ground on their new 150-room Canopy by Hilton West Palm Beach. The project, located at 704 S. Dixie Highway, marks the first hotel project in Palm Beach County for the Coral Gables-based firm.
Step inside this elegant Venetian-inspired villa located the prestigious El Vedado Road in the Elegant Els Estate Section. Located at 210 El Vedado Road, this classic Palm Beach residence features 8,811 SF of living area with 18 rooms in total including 8 bedrooms, 8 bathrooms and 1 half-bath.
Park-Line Miami and Park-Line West Palm Beach have released new renderings of their future lobbies designed by Stantec. Both Park-Line branded residential projects are located next to the All Aboard Florida Brightline Train Stations, helping further connect the South Florida city centers and allowing residents to seamlessly travel between Miami, Fort Lauderdale and West Palm Beach.