LABOR DAY 2022 THE PREMIER LUXURY REAL ESTATE AND LIFESTYLE MAGAZINE PALM BEACH’S NORTH END NEW CONSTRUCTION PRESENTED BY THE KOCH TEAM THE CORCORAN GROUP SEE PAGE 133 SOUTH FLORIDA
Represented by Frances & Todd Peter of Sotheby’s International Realty 305 Indian Road, Palm Beach. Asking: $33.95M. AFTER TWO YEARS OF A TORRID MARKET, IS SOUTH FLORIDA’S REAL ESTATE TOO HOT FOR ITS OWN GOOD? BY KAREN DASH STILL BULLISH
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Represented by Lisa & John Cregan of Sotheby’s International Realty 2305 S Flagler Drive, West Palm Beach. Asking: $26.9M.
John Cregan, Peter’s colleague at Sotheby’s, concurs. “It’s summertime, but we still have way more buyers than sellers. And by all reports it still gets cold up there in the winter, and New York and Illinois don’t seem to have any intention of lowering taxes. So, we continue to have a demand driven market. The higher prices are kind of accelerating, because of things like people’s desire to downsize or move closer to grandkids.” Other people want to give it some time. “People think the market is so slow. It’s supposed to be slow this time of year! Two years ago, prepandemic in June, there were six single family homes sold [in Palm Beach] in the month of June, which is normal. Last year there were 27,” points out Gary Pohrer at Douglas Elliman. “We’ve just become accustomed to this mad craze over the last couple of years where people stay here and didn’t go anywhere during the summer. This year, though, people are traveling to Europe, even more than in past years. I don’t think we’ll really know how this market is going to be until January.”
Cregan says, “I think we had two very unusual summers and that people for the most part didn’tRepresented by Gary Pohrer of Douglas Elliman 124 Brazilian Avenue, Palm Beach. Asking: $25M
A scorching 2021 housing market bumped median prices of single-family homes in Palm Beach County to $475,000 — a 22% rise — and the average price to near seven figures. Bidding wars broke out that recalled the boom years of the early 2000s. Zoning laws, a limited stock, inflation, and high demand have caused a housing shortage, as cryptocurrency investors and remote workers relocated for lower taxes and lifestyle. But, are the good times about to pop? None of this was a surprise to local agents. “Palm Beach, where I focus most of my attention, has not shown any signs of cooling down, but it’s hard to say because everybody’s on vacation right now for the summer,” says Todd Peter of Sotheby’s. “We’ll see what happens when people come back to town in the fall.”
“Palm Beach is always going to be a spot where we’ve got a limited supply and a lot of people that want to be there,” Peter comments. “And Covid accelerated everything. There were a lot of people that were thinking about moving and Covid meant they made the move then. I don’t see the huge demand for properties in Palm Beach and in West Palm Beach slowing down.”
MARKETWATCH
And as they say, the one thing they’re not making any more of is land and Palm Beach Island is quite small. Pohrer points out, “I recently read there’s 54 billionaires on Palm Beach. That’s got to be by far the most billionaires in one area.” No matter the vagaries of the market, there’s still only one South Florida.
128 leave. I mean, normally the restaurants all offer half-off deals, and you can lie down in the middle of the street for July, August, and September. But last year everybody was here, so the real estate market continued busy through the summer.” Inventory remains tight throughout South Florida, and the time on the market remains blistering. In Palm Beach County, average sale time in July 2022 was 20 days. While, perhaps, the days of long lines at open houses and waiving inspections for all cash offers may be gone, there is still clearly a massive demand for little inventory. While most other American real estate markets are cooling down with inflation and higher interest rates spooking buyers, South Florida doesn’t appear to be cooling off as much as the rest of the country. In Palm Beach, says Peter, “We typically have somewhere about 185 single-family homes for sale. We have 39 right now.”
Represented by Christian Angle of Christian Angle Real Estate 101 Gulfstream Road, Palm Beach. SOLD — Last Asking: $23.95M
“I used to go on tours, a couple of tours a day, and I would show ten houses to one client and ten houses to another client,” commented Pohrer. “Now if that same client came in town and they want to be in a certain price range, you’re talking three houses.”
So, what is the future for South Florida? Will the torrid pace continue, will it ease up shortly, or will the bubble burst? Perhaps not surprisingly, all the agents are bullish on the area and the opportunities it affords. Societal changes, such as working from home culture and remote work becoming more and more accepted because of technological breakthroughs, mean that people aren’t tied to cities within commuting distance. “We have a lot more people, especially younger people, who might have waited till they were a little bit older to make their Florida move and all of a sudden, they can do their jobs here. Their companies are moving here. We’ve got a substantial number of Wall Street firms who have established real office presence down here. Before, just five, six years ago, there’d be a threeperson private equity shop down here. Now we’re getting everybody. That’s had a knock-on effect to the lower price adjacent markets, West Palm and Jupiter and Palm Shores, places like that,” says Cregan. “Prices went up a lot, but for fairly rational reasons. Now, if you make enough money, you can move to Florida and after tax savings, the house pays for itself if you can establish residency.”
Premier Estate Properties Presenting Properties Exclusively In Excess Of One Million Dollars TM 125 Worth Avenue, Palm Beach, Florida DISCLAIMER: The written information provided has been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All written and verbal information including that produced by the Sellers or Premier Estate Properties are subject to errors, omissions or changes without notice and purchaser shall perform their own due diligence. Copyright 2022 Premier Estate Properties Inc. All Rights Reserved. Over the course of my career listing and selling real estate in Palm Beach, I have been affiliated with different firms, most recently as an Associate with Premier Estate Properties/Christie’s Palm Beach. These pending and sold properties represent my efforts while with previous firms. $300+ Million Sold/Pending April 2021 - July 2022 $195 Million Sold/Pending January 2022 - July 2022 49% Off-Market $11+ Million TransactionAverageSize PALM BEACH Have The Best Of Both Worlds Palm Beach + The Hamptons Margit Brandt Luxury Estate Advisor margit@premierestateproperties.com561.545.7386margitbrandt.info@margitbrandtpalmbeach ince April 2021, we’ve transacted over $300M+ of residential homes in the Palm Beach area, with nearly 50% of those residences being OFF-MARKET. Information is everything, and we can provide the inside track to one of the most exclusive communities in the world. If you want local access and the inside scoop to Palm Beach, give us a call. S The PriceAvailableBeachouseforLeaseUponRequest
Pre-construction sales have begun, with two- to four-bedroom residences ranging from 1,434 to 3,186 square feet starting at $3 million. Douglas Elliman is the exclusive sales and marketing agency. For more information, please visit info@fivepark.com or call 786-460-7242.MIAMI BEACH
“South Beach has not seen a residential building in decades that has best-in-class finishes and lifestyle,” said Cathy Strafaci, Executive Vice President and Managing Director of Douglas Elliman Development Marketing. “The significant shape of the luxury condominium tower provides unparalleled sweeping bay, ocean and city views, making life in the clouds at this vantage point uniquely available at Five Park. What we’re truly offering our buyers is not only a home but a new way of living in a way that has never been done before on Miami Beach.”
Two more levels of amenities will include adult and children’s pools, a poolside café and bar, co-working stations, private offices and business suites, screening room, children’s play area and a teen lounge. Residents will have exclusive access to a private beach club.
With more than 51,000 square feet of amenities, the project also includes a new community park and a dramatic 158-foot long gateway pedestrian connector to the Miami Beach Bay and Beach walks, designed by Daniel Buren.
Craft House, known for creating amenity packages for hotels, private membership clubs and restaurants around the world, will be curating the resident experience at The Canopy Club on the 26th floor of Five Park, featuring a private dining room, bar and lounge, wellness and fitness areas and a signature spa with treatment rooms.
Adjacent to the tower is Canopy Park, a three-acre public park, designed by Arquitectonica GEO, which is destined to become one of the South Beach’s most prominent green spaces, with an outdoor gym, MONSTRUM playground, ample landscaped green areas and a dog park.
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Sales are underway at Five Park, a new 48-story residential tower taking shape immediately adjacent to the prestigious South of Fifth neighborhood of Miami Beach. The design team, led by Arquitectonica and acclaimed interior design firm Gabellini Sheppard, includes hospitality pioneer Anda Andrei, art curator and editor-in-chief of Cultured Magazine Sarah Harrelson, landscape design firm Arquitectonica GEO, and French conceptual artist Daniel Buren. This worldclass design team is collaborating to build this new gateway to Miami Beach. Two- to four-bedroom residences feature Gaggenau kitchen appliances, Italian oak kitchen cabinetry, stone countertops and lighting design by L’Observatoire.
and/ormarketingthetorelatingmattersallandanytorespectwithDevelopertosolelylooktoagreeyouDeveloperbymadedeemedbeshallrepresentationsand/ordisclosuresstatements,allandAny(“Developer”).companyliabilitylimitedDelawareaLLC,Alton,500TCHbydevelopedbeingiscondominiumThistostatutes,Florida718.503,sectionbyrequireddocumentsthetoandbrochurethistoreferencemakerepresentations,correctFordeveloper.theofrepresentationsthestatingcorrectlyasuponreliedbecannotrepresentationsOralCondominium.theinunitsofsalesthetorespectwithandCondominiumtheofdevelopmentprospectustheinmadeunlessuponreliedbeshouldstatementsnoandcondominiumtheforcircular)(offeringprospectusthetopursuantmadebeonlyshallofferinganSuchcondominium.theinunitabuytosolicitationorsell,toofferanbetointendednotarematerialsTheselessee.orbuyeratodeveloperabyfurnishedbeAVAILABLEAPPLICATIONCPS-12AINARETERMSOFFERINGCOMPLETETHERESIDENTS:YORKNEWFORunlawful.bewouldactivitysuchwhichincountryorstateanyof,residentstoorin,madebecondominiumtheinunitaofsaleoroffersolicitation,anyshalleventnoInagreement.purchaseapplicabletheinorsolelyshownareandscaletonotarematerialssuchAlldocuments.offeringtheinprovidedmannertheinnoticewithoutchangetosubjectareandplans,developmentpreliminaryuponbasedarewhichrenderings,conceptualartist’sarehereindepicteddesignsandimagesAllCP21-0065.NO.FILEOFFEROR.THEFROMifor,providedbewillherein,describedotherwiseorrenderingsconceptualartist’sbydepictedareassurroundingandprojecttheofviewsfutureorexistingthatmadearewhatsoeverrepresentationsorguaranteesNoresidence.eachfromidenticalnotarewhichviews,proposeddepictRenderingspurposes.illustrativeforthetoandifincludedonlyareFurnishingsview.anyofexistencecontinuingtheguaranteesmannernoindevelopertheandnatureofforcesordevelopmentfuturebyeliminatedorlimitedbefuturetheinmaypropertytheofportionsotherfromorresidenceafromviewAnyherein.describedordepictedasbewillprovided,OFFERING.THISQUALIFIEDOREXAMINED,INSPECTED,NOTHASESTATEREALOFDEPARTMENTCALIFORNIATHEWARNING:reserved.rightsAllDeveloper.thebyownedworkscopyrightedarehereinprovidedtextandrenderingsgraphics,projectTheagreement.purchaseyourinprovidedextent architecture arquitectonica interior architecture gabellini sheppard design director anda andrei park design arquitectonicageo bridge design daniel buren Introducing Miami Beach’s tallest residential tower. Expertly crafted by the world’s most visionary design minds, Five Park residences are designed to showcase stunning panoramic views — from sunrise to sunset, beach to bay, Miami and beyond. Beach living is redefined by the city’s most luxurious private owner’s club featuring an array of bespoke amenities that bring five-star service to everyday life. miami beach life at new heights two-to-four bedroom residences with bay, ocean, and downtown views join us at our new on-site sales gallery 600 ALTON ROAD MIAMI BEACH FL 33139 786SALES@FIVEPARK.COM6288847 exclusive sales by douglas elliman development marketing meet the visionaries Interior Architecture by Gabellini Sheppard Watch the film: fivepark.com/film
Dana Koch, Sales Associate 561.379.7718dana.koch@corcoran.com DAY WITH DANA KOCH OF THE CORCORAN GROUP PALM BEACH MEET THE BROKER 901 North Ocean Blvd, Palm Beach - Last Ask: $115M. Sold: $95.5M.
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Can you tell us a bit about the current state of the luxury real estate market in South Florida? The market has returned to its normal seasonality pace this summer compared to the last 2+ years. We are still dealing with a lack of inventory which will continue to propel this market. Though we are not completely immune to some of the headwinds (equity market volatility, interest rate hikes, inflation) that everyone is contending with these days, we are still very much in a lack of supply and a strong demand world where pricing has held steady. What are some of the biggest changes you’ve seen in the market over the past two years? Besides the unimaginable appreciation in prices, the sheer pace of the market the last two years was frenetic. We saw homes trade multiple times, each time the price would be (significantly) higher than the last trade. I am used to fast paced markets, but I never saw anything like this where I routinely saw bidding wars. I had to adjust my approach “on the fly” with my Buyers and Sellers in order to achieve their goals as the market was continuously moving. The Buyers migrating here are much younger than we had seen in the past. When Covid first started, we had families who were here for Spring Break and many of them never left. As a result, the age demographic has gotten significantly younger. More people have made Palm Beach their primary residence than ever before! Where do most of your buyers come from? My Buyers are concentrated predominantly from the Northeast to the Midwest. From New York to Connecticut, New Jersey, Massachusetts, Pennsylvania, Washington D.C., Illinois, Michigan, and now we are seeing a migration from California. Buyers are moving here for lifestyle reasons and for the advantageous tax laws in Florida. What are some of your favorite Palm Beach hotspots? I'm a foodie so some of my favorite restaurants are Trevini, Kitchen, Sant Ambroeus, Le Bilboquet, and Imoto. I have a sweet tooth and am a big fan of Piccolo Gelato. On the opposite side of the spectrum, I like Celis Produce for their juices, smoothies, and wraps. Le Bar has a fun scene at night. What inspired you to become a broker? I have a love for architecture and grew up in the business! My mother (& business partner), Paulette, had her own firm which Corcoran acquired in 2003. We have been working together for almost two decades. Tell us a bit about your typical day. No two days are the same, but I start my day by working out. I feel that routine is one of the keys to success. I check emails/texts from the time I get up until I go to bed. If I’m not showing property, then I’m in my office interacting with my assistants and business partner putting together our priority list. During the week we have a marketing and social media meeting. We are discussing potential options for our Buyers, constantly reviewing our listings and strategizing for our Sellers, and are reaching out to potential Sellers and other Brokers to try to uncover opportunities for our clients. Anything unique you can tell us about a recent sale? I just recently sold an oceanfront home at 901 North Ocean Blvd. that was listed for $115M. It’s the highest priced sale in Palm Beach this year. I’m extremely proud to have represented the Buyer in this transaction. What do you love about the real estate business? I’m a deal junkie and enjoy the challenge of putting them together. I also love the entrepreneurial nature of the business with our frequent strategy sessions where we look at ways to enhance our business to make the customer experience even better!
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SPECIAL PROMOTIONAL FEATURE
Transform your vacation destination into your own slice of paradise. Owning a home in Palm Beach has never been more valuable. Contact The Koch Team to navigate the market with the Island’s proven real estate #PALMBEACHPROVENLEADERSleaders. SCAN HERE TO PURCHASE THIS BRAND NEW HOME Ranked by sales volume by RealTrends as published in TheWallStreetJournal PALM BEACH3# FLORIDA6# NATIONWIDE12# Our sellers are more satisfied than the foodies at The Palm. 1 Billion$ SOLD IN 2020 - 2021 OVER Paulette Koch Broker Associate m 561.346.8639 | paulette.koch@corcoran.com #14 Nationwide by Wall Street Journal / RealTrends 2019 Equal Housing Opportunity. All information furnished regarding property for sale or rent or regarding financing is from sources deemedreliable, but Corcoran makes no warranty or representation as to the accuracy thereof. All property information is presented subjectto errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice.All dimensions provided are approximate. To obtain exact dimensions, Corcoran advises you to hire a qualified architect or engineer. Dana Koch Sales Associate m 561.379.7718 | dana.koch@corcoran.com #12 Nationwide by Wall Street Journal / RealTrends 2022 New Construction on Oceanfront Cabana Street FEATURED LISTING ( above ): 5BR | 5.5BA | $16.995M | WEB# 14617 @ KochTeam Follow us on Instagram, EXPERIENCE THE #THEKOCHEXPERIENCEDIFFERENCE
In East Delray, 5 walkable blocks from Vibrant Downtown Delray are 2 luxurious Single-Family Homes, Pearl House and Onyx House, plus a luxury townhome by Stamm Development Group. 508 NE 7TH AVE - $4.95Mthe gems - just listed 512 NE 7TH AVE N - $2.95M one town-home remains 561.573.2573 jennifer.kilpatrick@corcoran.com JENNIFERKILPATRICK + Team All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes or withdrawal without notice. This is not intended to solicit property already listed. Equal Housing Opportunity. Find your South Florida Gem! Live on vacation in Delray Beach, Florida near Palm Beach & Miami
3 BED | 2.1 BATH | 3,100 SF | $4,200,000 PENTHOUSE ON THE OCEAN SEARCH BY WEB# 15208 Magnificent direct ocean and intracoastal views from this Oceanfront Penthouse! All redone, marble floors, open kitchen, all new baths, his and her closets, separate bar area, electric shades, mahogany built-ins, wrap around terraces, and impact doors throughout. 3 BED | 2.1 BATH | 2,500 SF | $2,100,000 The unit lives like a home with an oversized lanai and wrap around terrace. Walk to the pool and the ocean without having to get on an elevator. Perfect for service pets. 2 BED | 2 BATH | 1,476 SF | $880,000 Gorgeous ocean views! Renovated kitchen and master bath. Private low key building with lovely pool area on the ocean. Impact glass sliding doors! Three terraces. OVERSIZED LANAI PATIO DIRECT OCEAN WAKE UP TO THE SOUND OF THE OCEAN Palm Beach Oceanfront Condo Opportunities Hélène Sidel Sales helene.sidel@corcoran.com561.301.1135Associate Real estate agents affiliated with The Corcoran Group are independent contractors and are not employees of The Corcoran Group. Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker located at 400 Royal Palm Way #110, Palm Beach FL, 33480. All information furnished regarding property for sale or rent or regarding financing is from sources deemed reliable, but Corcoran makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice. Specializing in Luxury Real Estate in Palm Beach for Over 30 Years SEARCH BY WEB# 15166 SEARCH BY WEB# 14901
South County Road is an unofficial shopping district frequented by locals for surf shops (P.B. Boys Club), books (Classic Bookshop), shoes, home goods, antiques, and more. Running parallel to the beach (one block west of the shoreline) and perpendicular to Worth Avenue, it’s a great spot to shop away from the madding crowds. The Gardens Mall Looking for the traditional shopping mall experience? Head off-island to The Gardens Mall. Located a 20-minute drive up I-95 in Palm Beach Gardens, the The Gardens Mall
T
Worth Avenue BY SKYE SHERMAN SHOP ‘TIL YOU DROP IN PALM BEACH
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he secret to looking the part in Palm Beach — home to a particular style of dress that demands blending in by standing out — starts with shopping all the right spots. From designer boutiques to consignment stores to open-air plazas, these are the hottest spots to shop in Palm Beach.
South County Road
Worth Avenue Worth Avenue is one of the best places to shop until you drop because this luxury-lined avenue has Atlantic Ocean views, various al fresco restaurants, and charming vias a’plenty — to say nothing of the stores, which range from luxury staples (Chanel, Gucci, Tiffany & Co) to more accessible resort wear brands like Lilly Pulitzer and Vineyard Vines.
THE BEST JUST GOT EVEN BETTER IS NOW WITH THE CORCORAN GROUP IN PALM BEACH Proven Performance Darlene Streit, Broker Associate 561-531-2727 | darlene @ darlenestreit.com | darlenestreit.com Rankings published by RealTrends + Tomm Ferry’s The Thousand 2022, as featured in the Wall Street Journal. All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes or withdrawal without notice. This is not intended to solicit property already listed. Equal Housing Opportunity. AGENT NATIONWIDE BY SALES VOLUME #26 SALES VOLUME IN 2021 $404M SALESCAREERVOLUME $1.7B FOR YOUR BUYING & SELLING SUCCESS
138 SHOPPING
Worth
The Royal Poinciana Plaza The Church Mouse two-story enclosed shopping mall is anchored by Macy’s, Sears, Bloomingdale’s, Nordstrom, and Saks Fifth Avenue and plays host to 160 specialty shops and restaurants. The Church Mouse When it comes to affording a rotating selection of designer threads, Palm Beachers have a few tricks up their sleeve — a favorite of which is The Church Mouse. For over 50 years, locals have flocked to this unassuming, 4,000-squarefoot on-island thrift store for designer clothing, antiques, artwork, furniture, and more. Best of all, it’s retail therapy you can feel good about: all proceeds fund The Church of Bethesda-by-theSea’s outreach ministry. The Royal Poinciana Plaza Built by famed Austrian architect John Volk in the late 1950s and revitalized over the past few years, The Royal Poinciana Plaza is the ofthe-moment place to see and be seen in Palm Beach. Shop here for a rotating selection of new-and-now brands such as LoveShackFancy, Lingua Franca, and Veronica Beard as well as palm-tree-lined courtyards and an active event calendar. The Plaza is also home to the classics, including Cartier, Hermès, and Jimmy Choo. Avenue
www.AngleRealEstate.com Though information is assumed to be correct, offerings are subject to verification, errors, omissions, prior sale, and withdrawal without notice. All material herein is intended for informational purposes only and has been compiled from sources deemed reliable. Equal Housing Opportunity. C 561.629.3015 T 561.659.6551 E 179cjangle@anglerealestate.comBradleyPlace,PalmBeach,Florida 23133480El Dorado Lane, Palm Beach Beautifully renovated 4BR/4.1BA Bermuda residence in the Near North End. Gorgeous exterior spaces with front and rear gated gardens designed by Mario Nivera Landscape Design. Light and bright formal living room with gas fireplace, soaring ceilings, and custom built-ins. Architectural details include stunning solid oak flooring, marble flooring, Porcelinosa bathrooms, and Fantini bath fixtures. Features gourmet chef’s kitchen with breakfast area, formal dining room, and open floor plan. Fantastic outdoor spaces perfect for entertaining with large pool and covered loggia. | Exclusive Offering
AVENUE, DELRAY BEACH,
WITHOUT NOTICE. ALL
900 EAST
INFORMATION,
The Randy & Nick Team offer a full-service real estate approach with the top priority being you, our client. Our dedicated team is composed of five industry specialists who work together and have successfully closed over $2.7 Billion.* As residents of Gulf Stream, Ocean Ridge and Delray Beach with over 30 years of experience and record setting sales in the beach area market, nobody knows the luxury market better! With over $372 million sold in the last 12 months*, we’ve stayed busy and would love to add you to our family of clients! ATLANTIC 33483. 561.278.5570. PRESENTED HEREIN INTENDED WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, CHANGES OR WITHDRAWAL PROPERTY LEARN MORE
Meet the Team Selling South Florida Since 1990!
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Looking to buy in South Palm Beach County?
• The only oceanfront land development opportunity available in Delray Beach, featuring two lots and approx. 220ft total direct oceanfrontage. • Incredible lot depth with approx. 700ft from road to ocean. High elevation with large, protective dune system • Web# RX-10755887 elliman.com INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. *PER DOUGLAS ELLIMAN INTERNAL RECORDS. Trophy Estate Property | Delray Beach | $59,900,000 Nicholas Malinosky Executive Director of Luxury Sales O 561.278.5570 M Exclusivenick.malinosky@elliman.com561.306.4597Land OpportunityLEARNMORE939& 941 S OCEAN BOULEVARD APPROX. 200 TOTAL FEET DIRECT OCEANFRONTAGE
521 E Alexander Palm Road | 5 BR, 6 BA, 2 HALF BA | Approx. 10,904sf Nicholas Malinosky Executive Director of Luxury Sales O 561.278.5570 M nick.malinosky@elliman.com561.306.4597 Michael O’Connor Realtor Associate O 561.278.5570 M michael.oconnor@elliman.com561.414.1249 900 EAST ATLANTIC AVENUE, DELRAY BEACH, 33483. 561.278.5570. © 2022 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO Luxury Waterfront Residence | Boca Raton | $16,500,000 • Located in coveted waterfront section of Royal Palm Yacht & Country Club • Custom built by SRD Building Corp • Turnkey opportunity offered fully furnished • High ceilings, impact windows and full of natural light • Crestron smart home with vantage lighting • Resort-style yard, covered loggia, pool and summer kitchen • Approx. 100ft waterfrontage and private dock with boat lift • Web# RX-10806343 LEARN MORE Resort-style covered pool summer Approx. waterfrontage with
1018 Bauhinia Road | 6 BR, 6 BA, 2 HALF BA | Approx. 8,757sf elliman.com SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. Resort Style Living | Delray Beach | $7,750,000 • Gated compound with manicured grounds • Main house, guest house and 3-car garage • Completely updated in 2015 • Private primary wing with expansive balcony • Expansive covered loggia, summer kitchen and pool with spa • Just blocks from the beach and Atlantic Avenue • Web# RX-10790683 LEARN MORE
9 Country Road W | 5 BR, 5.5 BA | Approx. 7,487sf Nicholas Malinosky Executive Director of Luxury Sales O 561.278.5570 M nick.malinosky@elliman.com561.306.4597 900 EAST ATLANTIC AVENUE, DELRAY BEACH, 33483. 561.278.5570. © 2022 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO New Construction Custom Residence | Village of Golf | $7,850,000 • New construction custom residence • Approx. 1.46 acres of land • Extraordinary outdoor space • Four car air-conditioned garage • Located in the Village of Golf; gated community • Web# RX-10813222 LEARN MORE Michael O’Connor Realtor Associate O 561.278.5570 M michael.oconnor@elliman.com561.414.1249
Our Notable Sales Randy & Nick Team Stats elliman.com SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. *BASED ON TOTAL SALES VOLUME BY THE RANDY & NICK TEAM IN 2021. 2021 Notable Sales by Town Town Price Manalapan $35,000,000 Delray Beach $34,950,000 Delray Beach $34,950,000 Delray Beach $24,500,000 Delray Beach $24,500,000 Delray Beach $23,500,000 Delray Beach $23,500,000 Manalapan $22,950,000 Gulf Stream $20,000,000 Highland Beach $20,000,000 Delray Beach $19,950,000 Delray Beach $19,950,000 Highland Beach $17,495,000 Highland Beach $17,495,000 Delray Beach $15,950,000 Hillsboro Mile $12,500,000 Ocean Ridge $9,200,000 LEARN MORE Nicholas Malinosky Executive Director of Luxury Sales O 561.278.5570 M nick.malinosky@elliman.com561.306.4597 $500 Million+ Sold in 2021* $9 Million Average Sales Price in 2021 44 Oceanfront Sales in 2021 Ranked #6 Small Team by Sales Volume in Florida by REALTrends America’s Best Real Estate Professionals Ranked #20 Small Team in the United States by Sales Volume in 2022 REALTrends + Tom Ferry The Thousand Delray ManalapanBeach
340 ROYAL POINCIANA WAY M302 PALM BEACH 33480. 561.655.8600 © 2022 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL Gary Pohrer Your Palm Beach Insider Turnkey Palm Beach Living, One Block from the Beach. Multi-Million-Dollar Designer-led Renovation to the Studs. 254 N County Road, Palm Beach | $9,850,000 | Web# 22-899 Direct Ocean and Intracoastal Estate with an Approx. 150 Feet of sprawling Beach Frontage. Guest House, Tennis Court, and Infinity Pool. 860 S Ocean Boulevard, Manalapan | $45,000,000 | Web# 22-466 Gary Pohrer Realtor Associate M garypohrer.comgary.pohrer@elliman.com561.262.0856 Over $1 Billion in Sales since 2020* Ranked in the Top 2 For Douglas Elliman Agents Nationwide 2020 and 2021** #1 Douglas Elliman Realtor in Palm Beach for Sales Volume Since 2017*** Royal Palm Yacht & Country Club, 25-Room Estate on Approx. One Acre with Approx. 300ft of Water Frontage. 200 W Coconut Palm Road, Boca Raton | $39,500,000 | Web# 22-1134 Timeless Palm Beach Architecture on the Ocean Block of Brazilian Avenue. Separate Guest House/Pool Cabana. 124 Brazilian Avenue, Palm Beach | $25,000,000 | Web# 22-1157
Newly Listed by Gary and Donna in Admirals Cove, Jupiter Donna Hutchins Realtor Associate M 732.241.7002 O donna.hutchins@elliman.com561.653.6100 Ranked in the Top 5 For Douglas Elliman Agents Nationwide 2021 elliman.com Rare Opportunity in a Gorgeous Community on an Approx. 28,749sf Lot with Approx. 100ft of Water Frontage Facing a Barrier Island. 194 Spyglass Court, Jupiter | $16,500,000 | Web# 22-1030 DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. *PER DOUGLAS ELLIMAN INTERNAL RECORDS.**AS RECOGNIZED BY THE DOUGLAS ELLIMAN ELLIE AWARDS FROM 2017-2021. ***BY 2020 AND 2021 DOUGLAS ELLIMAN REAL ESTATE SALES VOLUME AND GROSS COMMISSION INCOME.BY 2021 DOUGLAS ELLIMAN REAL ESTATE SALES VOLUME AND GROSS COMMISSION INCOME.
SHOWCASE SALES 225 Plantation Road Palm Beach Last Asking: $16.9M Elizabeth DeWoody of Compass Represented the Seller 148 255 Ridgeview Drive Palm Beach Sold Price: $11.5M Gary Pohrer of Douglas Elliman Represented the Seller 211 Ocean Terrace Palm Beach Sold Price: $12.475M Todd Peter & Frances Peter of InternationalSotheby’sRealty Represented the Buyer
DeWoodyElizabeth Principal | Founding Agent Compass, Palm Beach www.palmbeachadvisory.comelizabeth.dewoody@compass.com561.301.09331 Helping you find your place in Palm Beach. Not intended to solicit currently listed property. © Compass Florida, LLC. Equal Housing Opportunity. All information furnished regarding property for sale or rent or regarding financing is from sources deemed reliable, but Compass makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice. Palm Beach #5 USA Top 100 Compass Florida #2 Wall Street Journal | Real Trends 2022 Featured Listing 111 Reef Road Palm Beach, 33480 First Look at Palm Beach ExclusiveAdvisory’sListings
SHOWCASE SALES 150 Gulf Stream Views, Unit 1, Old Ocean Blvd. Boynton Beach Last Asking: $3.495M Nick Malinosky of Douglas Elliman Represented the Seller (Represented 14 units in the complex, and also represented both sides on 8 of the units.) 101 Gulfstream Road Palm Beach Last Asking: $23.95M Christian Angle of Christian Angle Real Estate Represented the Seller 400 S Ocean Blvd, 419S Palm Beach Sold Price: $3.895M Lisa & John Cregan of InternationalSotheby’sRealty Represented the Buyer
Where Will You Be This Winter... Why Not Palm Beach CRISTINA CONDON Senior Global Real Estate Advisor 561.301.2211cristina.condon@sothebys.realty|cristinacondon.com KEVIN CONDON Senior Global Real Estate Advisor/Broker Associate kevin.condon@sothebys.realty646.457.8919 A GLOBAL FORCE WORKING FOR YOU TO FIND THE PERFECT PALM BEACH HOME. CONTACT US TODAY PALM BEACH BROKERAGE | 340 ROYAL POINCIANA WAY, PALM BEACH, FL 33480 | 561.659.3555 | SOTHEBYSREALTY.COM Cristina Condon & Kevin Condon 143 EAST INLET Exclusive direct ocean front in the north end. Price Upon Request 110 CLARKE AVENUE The most desirable street in the center of town, walking distance to all Palm Beach has to offer. Price Upon Request
The Cregan Team NEW PALM BEACH LISTINGS NOTHING COMPARES © 2022 Sotheby’s International Realty. All Rights Reserved. The Sotheby’s International Realty trademark is licensed and used with permission. Each Sotheby’s International Realty office is independently owned and operated, except those operated by Sotheby’s International Realty, Inc. The Sotheby’s International Realty network fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. All offerings are subject to errors, omissions, changes including price or withdrawal without notice. LISA & JOHN CREGAN Senior Global Real Estate Advisors lisa.cregan@847.910.1303john.cregan@sothebys.realty561.513.6358sothebys.realty TheCreganTeam.com The Cregan Team Ranked #1 in Palm Beach Ranked #10 Nationally at Sotheby’s International Realty 2305 SOUTH FLAGLER DRIVE Heaven on the El Cid waterfront. Impeccable 2020 new construction with exquisite attention to detail, every modern luxury and unimpeded water views from 1st and 2nd floors. On an almost 19,000 foot corner lot-beautifully landscaped by Nievera Williams-the house is an elegant contemporary take on classic Palm Beach architecture. $26,900,000 | ELCIDWATERFRONT.COM 160 SUNSET AVENUE This handsome 5,000 sqft townhouse lives like a spacious seaside villa- one that’s literally steps to the beach! The ocean block of Sunset is a dead end street that terminates at the beach gate. With over 4,500 sq.ft. of living area, an elevator, 4 bedrooms, multiple office spaces and a two car garage $14,250,000 | 160SUNSETTOWNHOUSE.COM
PALM BEACH BROKERAGE | 340 ROYAL POINCIANA WAY, PALM BEACH, FL 33480 | 561.659.3555 | SOTHEBYSREALTY.COM Palm Beach Properties TODD AND FRANCES PETER Senior Global Real Estate Advisor 561.281.0031 | todd.peter@sothebys.realty francesandtodd.com PRESENTED BY Todd and Frances Peter Rare Direct Intracoastal Property PRICE UPON REQUEST | 305INDIAN.COM North End Five Bedroom $9,750,000 | 270COLONIALLANE.COM
Advertise in Hamptons Real Estate Showcase and watch your sales and listings grow! HamptonsRealEstateShowcase.com To reserve your space in the upcoming Columbus Day Issue, call or email Claudette Greenstein, Publisher 631.353.3350 | cgreenstein@m3-mediagroup.com LABOR DAY 2022 THE PREMIER LUXURY REAL ESTATE AND LIFESTYLEPRESENTEDMAGAZINEBYRACHEL C. MARTIN TOWN & COUNTRY REAL ESTATE SEE PAGE 113 WATERFRONT BEAUTY IN WESTHAMPTON BEACH
