East Delray Beach Townhomes
Real Estate Market Report

East Delray Beach offers a variety of beautiful Townhomes that are located close to downtown Delray Beach, some of which are within walking distance to Atlantic Avenue and some of which are Oceanfront or walking distance to the Beach.     Many of the properties are of recent construction and would be a great choice to consider for Buyers who are interested in spacious East area properties that are of recent construction and priced significantly lower than recently constructed Single Family Homes in East areas.

During the months of January – April of 2013, 31 Townhomes were purchased in East Delray Beach Communities that are located East of I-95.     The purchase price range of the properties that sold was $125,000- $1,900,000.

Of the 31 Townhouses that were purchased, 9 are Waterfront properties and 22 are non-Waterfront properties.

• The purchase price range of the Waterfront Townhomes was $199,000 – $1,900,000, with an average purchase price of $817,111.  The Waterfront locations of the properties are Oceanfront, Intracoastal front, and Canal front on Ocean Access Canals.  The Communities where the properties are located are Villas of Ocean Crest, Spanish Trail, Pelican Harbor/Captain’s Walk, Nassau Point, and Delray Beach Club.
  
  
  The property that was purchased for $1,900,000 is a 3-Bedroom Townhome with ~2,923 Square Feet of Living Area located in Nassau Point Townhomes at the Corner of A1A and Nassau Street, a beautiful Oceanfront location across the Street from the Beach.
  
  
• The purchase price range of the non-Waterfront Townhomes was $125,000 – $1,200,000, with an average purchase price of $380,624.
  
  
  The property that was purchased for $1,200,000 is a 5-Bedroom Townhome with ~4,100 Square Feet of Living Area located in Gleason Street Villas, 1/2 Block from Atlantic Avenue and 1 Block from the Beach.

Of the 31 property purchases, 1 was purchased as a Short Sale and 3 were purchased as Bank Owned Foreclosures.    One of the Bank Owned Foreclosures was sold in 3 days for a final sale price that was $114,327 above its’ list price.   It’s typical for Foreclosures to sell for prices that are above their list prices due to their below market prices and multiple Offers that incite bidding wars.   Additionally, East areas have very limited availability of Bank Owned Foreclosures, so that contributes to their desirability as well.

East Delray Beach Townhomes for Sale

Currently, 64 Delray Beach Townhomes are on the Market for Sale.   Their locations are 800 Ocean, Cambria Crest, Cannery Row, Captain’s Walk/Pelican Harbor, Delray Beach Club, Delray Sebastian, Estuary, Harbour House, Heritage Club, Inlet Cove, Landings Delray Beach, Latitude Delray Beach, Mallory Square, Nassau Point, Ocean Terraces, Old Palm Grove, Pineapple Grove Village, Renaissance Village, Seaside Dunes, Shorewalker Place, South Castle Townhomes, Terraces at Delray, Town Place, Village Grande, Villas of Ocean Crest, and Waterway North.

Scroll below to view currently available property listings.

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Related information:   East Delray Beach Single Family Homes

East Delray Beach Townhomes

Tropic Isle Real Estate Market Report

During the months of January – April of 2013, 10 properties in Tropic Isle were purchased.   The purchase price range of the properties was $522,500 –  $4,875,000, with an average purchase price of $1,497,400.     All of the properties that sold are Waterfront properties located on Ocean Access Canals, with the exception of 963 Evergreen, which is Intracoastal front.   None of the properties were purchased as Short Sales or Foreclosures.

The Properties that sold are as follows:

• 963 Evergreen Drive:   Purchased for $4,875,000 on February 28, 2013.  This property is located on an Intracoastal front Point Lot, with a Home that was built in 2003 and has 6 Bedrooms, 6 full Baths, 2 half Baths, a 4-Car Garage, Pool, and ~9,536 Square Feet of Living Area.
  
  
• 950 Allamanda Drive:  Purchased for $2,200,000 on January 17, 2013
  
  
• 968 Hyacinth Drive, Purchased for $1,440,000 on April 24, 2013
  
  
• 960 Iris Drive:  Purchased for $1,395,000 on February 26, 2013
  
  
• 3020 Jasmine Terrace:  Purchased for $1,200,000 on March 27, 2013
  
  
• 904 Hyacinth Drive:  Purchased for $1,044,000 on March 15, 2013
  
  
• 927 Gardenia Drive:  Purchased for $850,000 on March 28, 2013
  
  
• 957 Dogwood Drive:  Purchased for $800,000 on April 19, 2013
  
  
• 3010 Jasmine Court:  Purchased for $647,500 on March 15, 2013
  
  
• 935 Eve Street:  Purchased for $522,500 on March 7, 2013

Tropic Isle Properties for Sale

Currently, 37 Properties in Tropic Isle are on the Market for Sale.  Of the 37 Properties, 34 are Waterfront and 3 are non-Waterfront.   The Waterfront Homes are located on the Intracoastal and Ocean Access Canals and have a list price range of $697,500 – $5,500,000.   The Homes for Sale were built between 1957 – 2013, so a variety of choices are available for Buyers who are interested in new Construction, recent Construction, remodeled Homes, or Teardowns.

Of the 38 Properties listed for sale, 2 are listed as Short Sales and none are listed as Bank Owned Foreclosures.   Scroll below to view current property listings and save your favorites.

Tropic Isle enjoys a highly desirable location that’s very close to the Beach and downtown Delray Beach/Atlantic Avenue.

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Related information:

• East Delray Beach Homes for Sale
• Tropic Isle Homes for Sale

Map of Tropic Isle’s Location

Tropic Isle Waterfront Homes

A Video Tour of the Harbor Islands Community

Located in East Hollywood, Florida only 2 Miles from the Beach, the Community of Harbor Islands includes Waterfront and non-Waterfront Single Family Homes and Townhomes.   Waterfront properties are located along the Intracoastal and Ocean Access Canals.    Harbor Islands is 1 of only 4 Guard Gated Waterfront Communities in Broward County and offers Luxury Amenities, including a Clubhouse, Fitness Center, Tennis Courts, 190-Slip Marina, 24/7 Security, and Community Pools.

I shot Video and Pictures in Harbor Islands to create a scenic Tour of the Community.  The Video is below.   Enjoy 

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Harbor Islands Luxury Homes: A Video Tour

East Delray Beach Single Family Homes
Real Estate Market Report
1st Quarter of 2013

Properties Sold

During the first Quarter of 2013, MLS Property Sales records indicate that 83 Single Family Homes were purchased in East Delray Beach.   Below are additional details about the 83 Property purchases.

Notes:

• For this Report, East Delray Beach refers to properties that are located East of I-95, East of U.S. 1, and East of the Intracoastal.    It’s important to note that Properties located East are not the majority of the Inventory, nor the majority of the Land in Delray Beach, so East properties don’t comprise the majority of the sales in Delray Beach.
  
  
• 15 of the 83 Properties that were purchased are Waterfront properties.   The purchase price range of the Waterfront properties was $252,500 – $4,875,000, with an average purchase price of $1,372,933.   The Waterfront locations of the properties are Intracoastal and Ocean Access Canals.   Subdivisions that the properties are located in are Tropic Isle (8 sales), Tropic Palms, Tradewind Estates, Rio Del Rey Shores, Pelican Harbor, Lake Ida Shores, Delray Isle, and Delray Beach Shores.

Properties for Sale

Currently, 167 Single Family Homes are on the Market for Sale in East Delray Beach:

Starting your search for East Delray Beach Properties?
Use the links below to view properties and customize your search.

Search by price range, location, and other features:

• Under $500,000
• $500,000 – $699,999
• $700,000 – $999,999
• $1,000,000 – $1,999,999
• $2,000,000 – $2,999,999
• $3,000,000+

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Related information:

East Delray Beach Homes for Sale

East Delray Beach Homes

Sunday Brunch at Pelican Grand

Last Sunday, I enjoyed a delicious Brunch with one of my Girlfriends at Pelican Grand Beach Resort in Ft. Lauderdale.

We chose outdoor seating on the Veranda to enjoy the perfect Weather, Ocean breezes, and beautiful views of the Beach and Ocean.   Indoor seating is available as well, but why sit inside on a beautiful day?    Brunch is served from 11:30 a.m. – 2:30 p.m., so make sure to arrive early for seats with the best views.   Reservations are also accepted.

Brunch features unlimited Mimosas and Bloody Mary’s, an Omelette Station, Carving Station, Pasta Station, and a variety of fresh Fruit, Breads, Waffles, Seafood (Fish, Jumbo Shrimp, Oysters, Crab, etc.), Cheese, Chicken, Breakfast Meats, Roasted Vegetables, Dessert, and more!  The price for Brunch is $47 and you can view the Menu here.

If you’re searching for great locations for Brunch in Ft. Lauderdale, Pelican Grand is a great choice to consider and is one of the few direct Oceanfront Brunch locations on the Beach instead of across the Street from it or non-Waterfront.    This would also be a perfect location for Mother’s Day Brunch this weekend on May 12th.

OCEAN2000 is the name of Pelican Grand’s Restaurant and Pelican Grand Beach Resort/Hotel is located at 2000 North Ocean Blvd. in Ft. Lauderdale.  They can be contacted by phone at 954-556-7667 or through their website.

Oceanfront Brunch at Pelican Grand

Tony Robbins’ Palm Beach Home

According to several sources, a Trust belonging to Anthony “Tony” Robbins (renown Life Coach, Motivational Speaker, Philanthropist, Author…) is reported to be the Buyer of a Luxury Home in Palm Beach County that’s located at 750 S. Ocean Blvd. in the wealthy Town of Manalapan–stated to have been sold with a final purchase price of $24,750,000 on March 22, 2013.

Property Features (per the South Florida MLS)

• 6 Bedrooms, 7 full Baths, and 4 half Baths
• Tw0 2-Car Garages
• Pool
• Media Room, Wine Cellar, and Club Room
• 12,124 Square Feet of Living Area & 16, 026 total Square Feet
• 175′ of Oceanfront and 175′ of Intracoastal Waterfront (Oceanfront Properties in Manalapan each include a Parcel of Intracoastal Waterfront Land, some of which offer Dockage for large Vessels)
• 2-Acre Oceanfront Lot
• Built in 2012

The Oceanfront Lot where the property is located was vacant prior to construction of the Home.  The vacant Lot was purchased from Frank McKinney in 2011 for a purchase price of $7,272,000, a testament to the tremendous value of Oceanfront property, its’ desirability, and ability to maintain its’ value.

Developer Pat Carney and Mark Timothy Luxury Homes were responsible for Development and Construction of the Property.    Marc-Michaels Interior Design provided Design services and partially Furnished the Home.

Owners of properties in Manalapan are entitled to complimentary Membership at the Ritz-Carlton Palm Beach (Home of my favorite South Florida Spa, Eau Spa), which is located less than a mile away at 100 S. Ocean Blvd.

Pictures of 750 S. Ocean Blvd.

Related information:

• Acqua Liana in Manalapan:  sold for $15,500,000
• Ritz-Carlton Palm Beach

Palm Beach Oceanfront Homes for Sale

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Tony Robbins’ $24,750,000 Palm Beach Home

A Video Tour of Hollywood, FL

The beautiful City of Hollywood, Florida was featured in a recent episode of Florida Travel + Life’s Affordable Luxury by Will Christien (pictured above) on the Discovery Channel.

Beautiful Beaches, Arts, Culture, Entertainment, Restaurants, Shops, Waterways, and more equal a great location that’s highly desirable to Hollywood’s Residents and Visitors, many of whom are International and from other States in the U.S.

Below are 2 versions of the Video, a Trailer of the Episode and the full Episode.   Enjoy

Trailer:

Full Episode:

Click here to review additional information about Hollywood and Hollywood Homes for sale. 

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A Video Tour of Hollywood, FL

Harbor Islands Homes near Hollywood Beach

The beautiful Community of Harbor Islands in Hollywood, FL is experiencing strong sales in the current Market.

During the 1st Quarter of 2013, 4 Single Family Homes were purchased and 4 Townhomes were purchased.   The 4 Townhomes were sold with final purchase prices ranging from $475,000 – $740,000, with an average purchase price of $580,000.    The 4 Single Family Homes that were purchased are as follows:

• 1200 Harbor Ct., purchased for $2,920,000 on March 1, 2013:  Waterfront on an Ocean Access Canal, built in 2001, 6 Bedrooms, 6.5 Baths, 5,809 Square Feet, 3-Car Garage, and Pool.
  
  
• 1135 Hatteras Ln., purchased for $2,694,500 on February 25, 2013:  Intracoastal front, built in 2005, 7 Bedrooms, 6.5 Baths, 6,168 Square Feet, 3-Car Garage, and Pool.
  
  
• 907 Captiva Dr., purchased for $1,344,000 on March 29, 2013:  Waterfront on an Ocean Access Canal, 2-Car Garage, Pool, 3,770 Square Feet, built in 1999, 3 Bedrooms and 2.5 Baths.
  
  
• 904 Captiva Dr., purchased for $1,240,000 on March 20, 2013:  Non-Waterfront, built in 1999, 4 Bedrooms and 4.5 Baths, 3,875 Square Feet, Pool, and 2-Car Garage.

Scroll below to view property listings and click here to review additional information about the Community.

Related information:

• Homes in Hollywood, FL
• Guard Gated Golf Course Communities

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Harbor Islands Homes near Hollywood Beach

Aquazul Oceanfront Condo
Real Estate Market Report

Aquazul is a Boutique-style Luxury Condo of only 80 Residences and all Units have private Elevator entry.   Aquazul offers a great direct Oceanfront location on the Beach in Lauderdale by the Sea and is close to Restaurants and Shops.   Amenities include Valet Parking, a Tennis Court, heated Oceanfront Pool, Gym, Sauna and Steam Room, 24/7 Security and Concierge, and Social Room.

6 Units were purchased recently at Aquazul Condo and the Units that were purchased are as follows:

• Unit 1201:  Purchased for $1,595,000 on January 31, 2013 (Southeast Corner Unit)
• Unit 1904:  Purchased for $1,550,000 on March 14, 2013 (Northeast Corner Unit)
• Unit 504-1:  Purchased for $1,430,000 on November 29, 2012 (Northeast Corner Unit)
• Unit 703:  Purchased for $1,055,000 on November 15, 2012
• Unit 402:  Purchased for $1,100,000 on November 30, 2012
• Unit 602:  Purchased for $850,000 on October 9, 2012

The Units each have 3 Bedrooms and range in size from 2,572 – 3,029 Square Feet of Living Area.   None of the Units were purchased as Short Sales or Foreclosures.  The most recent purchase prices at Aquazul are higher than they were a year ago, as is currently being experienced with South Florida Real Estate values.

Aquazul is located at 1600 S. Ocean Blvd. in Lauderdale by the Sea, adjacent to Ft. Lauderdale.

Of 80 total Units in Aquazul, only 3 are currently on the Market for sale (see property listings below):

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Related information:

• Aquazul Condo
• April 2012 Sales in Aquazul Condo
• November 2011 – January 2012 Sales in Aquazul Condo
• March – April of 2011 Sales in Aquazul Condo
• 3-Bedroom Oceanfront Condos in South Florida
• Lauderdale by the Sea Waterfront Condos
• Ft. Lauderdale Oceanfront Condos
• Ft. Lauderdale Waterfront Condos
• Ft. Lauderdale Pet Friendly Condos and Condos that allow large Dogs

Aquazul Oceanfront Condo in Lauderdale by the Sea

Positano Beach Oceanfront Condo

Located in Hollywood, FL, Positano Beach Condo is scheduled for delivery in 2014, with Groundbreaking scheduled shortly.    A Boutique-style Building with a great Oceanfront location along Hollywood Beach’s Boardwalk, Positano Beach will include only 17 Residences.

Residences and Luxury Amenities:

• Spacious Floor Plans ranging in size from ~3,200 – 3,700 Square Feet of Living Area and large Patios with sizes of ~800 – 3,000 Square Feet
• Ocean and Intracoastal views
• Floor-to-Ceiling Windows
• Cabanas
• BBQ Facilities
• 2 Swimming Pools
• Social Room
• 24-hr. Fitness Center
• Valet and Garage Parking
• 24-hr. desk Staff
• Private Intracoastal Marina with Yacht Dockage up to 80′
• Ocean and Intracoastal views

Of Positano Beach’s 17 Units, 5 are already under Contract for purchase and prices range from $1,495,000 – $1,925,000.

Positano Beach Condo (aka Villas of Positano Phase 2) will be located at 3415 N. Ocean Drive adjacent to Villas of Positano Condo.  Built in 2007, Villas of Positano Condo is sold out of Developer owned Units and currently has Resales available.

Scroll below to view a Video Tour of the location and current property listings.  If you would like additional information and/or would like to schedule an appointment to view properties, email me or call me at 954-708-9309.

Positano Beach will be a great addition to South Florida’s new Luxury Condos.

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Video Tour

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Property Listings

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Positano Beach Oceanfront Condo: Video Tour & Property Information

4001 North Ocean Luxury Condo

Construction of 4001 North Ocean Condo is now complete and finishing touches are being completed on the front entry area of the Building.   I visited Thursday, viewed several Units while there, and also shot pictures and video (see above and below).

Ocean views from all of the Residences are absolutely phenomenal, even from first/ground Floor Units.  Floor-to-Ceiling Glass maximizes light and Ocean views.   First Floor Units have beautiful covered Living Terraces outside which offer great Ocean views and spacious sizes ranging from ~308 – 403 Square Feet.   Spacious Balconies in upper Floor Units range in size from ~450 – 465 Square Feet.

Of the 34 total Residences at 4001 North Ocean Condo, only 7 remain available for purchase.   The remaining Residences are currently priced from $1,950,000 – $5,100,000 (2 Penthouses and 5 Units located on the 1st – 4th Floors).

One of the Units is a beautifully finished and Furnished Model, Unit 104 South, designed by Interior Designer J/Howard.   The other 6 Units have been completely finished, including Flooring, so Light Fixtures, Paint, Window Coverings, and other desired design elements will be customized by the future Owners.    Spacious Residences each have 3 Bedrooms and ~2,800 – 5,000+ Square Feet.

Click here to view Floor Plans and additional details.

Offering Luxury Amenities in a great location on the Beach, 4001 North Ocean Condo is located at 4001 North Ocean Blvd. in the Town of Gulfstream, FL, which is adjacent to Delray Beach.

If you would like additional information about 4001 North Ocean Condo or would like to schedule an Appointment to view Residences, email  or call me at 954-708-9309.

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4001 North Ocean Luxury Condo: Update & Video Tour

A Video Tour of Parkland Golf and Country Club

Located in Parkland, Florida, the beautiful Community of Parkland Golf and Country Club by Toll Brothers is Parkland’s premier Guard Gated Golf Course Community.   Luxury Amenities in PGCC include an 18-Hole Greg Norman Golf Course, Sports Club, Golf Clubhouse, Fitness Center, Spa, 7 Har-Tru Tennis Courts, 2 Pools, Restaurants, Tiki Bar, Children’s Activity Center, Daycare, and Playground.    Luxury Homes (Resales and new Homes) range in size from ~2,000 – ~10,000+ Square Feet.

I recently shot Video and Pictures in Parkland Golf and Country Club to create a scenic Tour of the Community.  The Video is included below.   Enjoy 

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Parkland Golf and Country Club Homes for Sale

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Parkland Golf and Country Club: A Video Tour

One Thousand Ocean Beachfront Condo 

Since my previous Market update, 2 additional Units were purchased in One Thousand Ocean Condo in Boca Raton.    The Units that were purchased are as follows:

• Unit 702, sold on February 8, 2013 for a purchase price of $5,861,500:   The largest Penthouse at One Thousand Ocean was split to create this Residence, which has a total of approximately 4,142 Square Feet of Living Area (purchased from the Developer).
  
  
• Unit 107, sold on January 8, 2013 for a purchase price of $6,300,000:  2-Story Beach Villa with 5 Bedrooms, 5.5 Baths, ~5,477 Square Feet of Living Area and ~7,148 total Square Feet, private Plunge Pool, and private Cabana (purchased as a Resale).

South Florida’s Luxury Condo Market is continuing to experience strong performance and One Thousand Ocean has now sold 89% of their 52 Units.

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Amenities

Amenities at 1000 Ocean include a Fitness Center with Pilates, Yoga, and Aerobics Rooms, Spa Treatment Suite, Conference Room, Children’s Playroom, Oceanfront Pool and Sun Deck, Pool Butlers, Private Cabanas available for purchase, on-site Management, 24-hr. Desk Attendant, Full-time Concierge, 24/7 Valet, and full-time Security. In addition to on-site Amenities, Residents of One Thousand Ocean also have the option to become Members at a discounted rate of the Boca Raton Resort and Club (a Waldorf Astoria Resort) and Boca Beach Club.   Amenities at Boca Beach Club and Boca Raton Resort and Club include 3 Pools, an Oceanfront Bar, Cabanas, Golf, Tennis, Spa and Salon Palazzo, a 32-Slip Marina, Children’s Programs, Restaurants, and more.

Units currently for Sale

Of 52 total Units in the Building, only 7 Units are available for Sale, a combination of Developer owned Units and Resales. The available Units include Residences, Beach Villas, and 3 Penthouses.   The Building includes a total of 4 Penthouses, one of which sold on June 2, 2011 for a purchase price of $10,400,000.

The monthly Maintenance Fee for Units at Ocean Thousand Ocean is $1.10 per square foot of Living Area, so, for example, the monthly Maintenance Fee for a Unit that has 3,286 Square Feet of Living Area is $3,614.60.

Beach Villas, Residences, and Penthouses at One Thousand Ocean offer fabulous Ocean, Intracoastal, and City views and feature Floor-to-Ceiling walls of Glass, Fireplaces, Gourmet Kitchens, large Terraces, Summer Kitchens, private Plunge Pools, private Elevator Entry, and private Garages.

Located at 1000 S. Ocean Blvd. in Boca Raton, FL, One Thousand Ocean is a fabulous combination of superb Oceanfront location at the entrance of Boca Inlet and offers beautiful views, luxury lifestyle, generous Amenities, exclusivity, and spacious Residences that feel like Single Family Homes.

Scroll below to view property listings and contact me if you would like additional details about One Thousand Ocean and/or would like to schedule an Appointment to view the property.

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Related information:

• One Thousand Ocean Sales:  May – October of 2012
• One Thousand Ocean Condo- purchase of Unit 308- March 2012
• One Thousand Ocean Condo- purchase of Beach Villa 202- November 2011
• One Thousand Ocean Condo- Units purchased in 2011
• One Thousand Ocean Condo- Units purchased in 2010

One Thousand Ocean Luxury Condo

Bellini Williams Island Luxury Condo

Featuring Luxury Amenities (click for full list), 70 spacious Residences (2,235 – 4,955 Square Feet of Living Area), 24 Stories, and only 4 Units per Floor with private Elevator entry into each Residence, Bellini Williams Condo will be a great addition to South Florida’s new Luxury Condo Market.

Construction at Bellini Williams Island is progressing quickly and is on schedule for completion in May of 2013.  Scroll below to review construction progress pictures, a Video introduction of the Building, property listings, and Floorplans.

If you would like additional information about Bellini Williams Island Condo and/or would like to schedule an appointment to view the property, call or  email me.

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Download Bellini Williams Island Condo Floor Plans:

• Residence A
• Residence B
• Penthouse

Related information:

• Bellini Williams Island Introduction
• Bellini Williams Island Construction Progress- Oct. 2012

Bellini Williams Island Luxury Condo

Lighthouse Point Real Estate Market Report

Within the last 6 months (September 2012 – February 2013), 80 Single Family Homes were purchased in Lighthouse Point, a beautiful Community in Northeast Broward County.

• Of the 80 properties that sold, 34 are Waterfront properties located on the Intracoastal and Ocean access Canals.  Their purchase price range was $410,000 – $2,550,000, with an average purchase price of $801,518.
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• Of the 80 properties that sold, 46 are non-Waterfront properties.  Their purchase price range was $155,000 – $839,050, with an average purchase price of $348,197.
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• 16 of the 80 properties were purchased as Short Sales and Foreclosures, so distressed sales are not the majority.
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• The properties that sold are located in the Subdivisions of Coral Key Villas, Coral Key Harbor, Deer-Pomp Estates, Hillsboro Estates, Hillsboro Isles, Lake Placid, Lighthouse Manor, Lighthouse Point Sections 1-6, Lighthouse Point Estates, Pompano Waterway Estates, and Venetian Isles.

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Search Lighthouse Point Property Listings by Price Range:

• Under $400,000
• $400,000 – $799,999
• $800,000 and above

Related Information:

• Lighthouse Point Homes for Sale
• Ft. Lauderdale Waterfront Homes
• Pompano Beach Waterfront Homes

The beautiful Community of Lighthouse Point