The Oaks at Boca Raton

Luxury Real Estate Marketing Through Social Media

noreply@blogger.com (The Smiths) — Fri, 07 May 2010 14:43:00 +0000

Luxury Resort Portfolio has a commanding presence in the social media arena. Through our distinctive marketing and advertising, we provide our listed estates with the most extensive Local, National and International exposure. In these challenging times we are more persistent and focused on providing our clients with the greatest innovative and industry leading marketing strategies. Through our synergy of various Social Media outlets Luxury Resort Portfolio continues to excel in the luxury real estate industry.

Website

Social Media has become a vital and crucial element in every real estate company’s advertising and marketing plan. We efficiently recognized this trend and quickly began implementing the use of Social Media to promote and showcase our exclusive properties to the world. Below are just a few of the social media outlets Luxury Resort Portfolio utilizes to feature our exclusive listed estates.

Country Clubs and Estate Enclaves

@TheSmithsLRP

TheSmithsLRP

By being the trendsetters and not the trend followers we are honored to be recognized as “The Definitive Source For Luxury Real Estate In South Florida”.

The Smiths are enthusiastic and profoundly knowledgeable of the exclusive South Florida communities they serve, trusted for the advice and guidance they offer, and respected for their exceptional ability to maximize the profit potential of properties they represent. Luxury Resort Portfolio has earned a roster of achievements that include an extraordinary quantity of record-breaking transactions for their clients in the elite Delray Beach and Boca Raton country club homes of Mizner Country Club, St. Andrews Country Club, Woodfield Country Club, Addison Reserve Country Club and the Royal Palm Yacht & Country Club as well as in the Boca Raton exclusive gated estate enclaves of The Oaks at Boca Raton, Long Lake Estates, Stone Creek Ranch, Le Lac and the Sanctuary.

The information herein is believed to be accurate but not guaranteed and may be subject to errors, omissions and changes without notice. This is not to be construed as a solicitation of property presently listed for sale. All information is derived from the Palm Beach County Property Appraisers website and the MLS.

Estates and Fine Homes LLC

7700 Congress Avenue

Boca Raton, FL 33487

Main: 800-644-5616

Fax: 800-644-0059

The Oaks at Boca Raton | Featured Property

noreply@blogger.com (The Smiths) — Thu, 29 Apr 2010 15:06:00 +0000

The Oaks at Boca Raton
17614 Grand Este Way | Boca Raton, FL | 33496

List Price
$2,299,000 US

In opulent Santa Barbara tradition, this brand-new custom-built masterpiece basks in serene lakefront vistas and lush privacy. Located within the desirable Grand Lake Estates enclave in The Oaks at Boca Raton, this magnificent property provides the resort inspired amenities that today's luxury buyer seeks.

Designer decorated and furnished, this exquisite Donatella villa is a crowning achievement by acclaimed custom builder Charlse-Watt, blending breathtaking appointments and lavish luxuries.

Fully equipped with smart-house technologies, the AMX touch-pads control all systems including security, climate, lighting, surround-sound audio, and televisions.

This property features mosaic-inlaid travertine marble floors, elaborate moldings, and hurricane-impact glass. Added features include five bedrooms, 6 full and 2 half baths, plus a 4-car garage are included in 7,860± total square feet at The Oaks at Boca Raton.

Estates and Fine Homes LLC
7700 Congress Avenue
Boca Raton, FL 33487

Main: 800-644-5616
Fax: 800-644-0059

The Oaks at Boca Raton Real Estate | Classic Mediterranean Tradition

noreply@blogger.com (The Smiths) — Thu, 15 Apr 2010 14:22:00 +0000

Attention: The Oaks - Real Estate News Subscribers

The article below was originally posted on the The Luxury Resort Index site on April 15th 2010. In an effort to consolidate our many and well received blog posts regarding the luxury real estate market in South Florida, all future Luxury Resort Portfolio blog posts will originate from our The Luxury Resort Index site.

This site is only for The Oaks at Boca Raton related news and is only updated when articles are pertaining to The Oaks at Boca Raton real estate. We suggest that you follow the links above and please subscribe for continued updates on current real estate news, South Florida luxury real estate updates and local news about the exclusive country clubs and estate enclaves of the Palm Beaches.

Thank You

The Smiths

The Oaks at Boca Raton

Classic Mediterranean Tradition
17554 Middlebrook Way
Boca Raton, FL 33496
List Price $1,240,000 US

Classic Mediterranean traditions and modern appointments converge in this European-inspired The Oaks at Boca Raton estate surrounded by glistening lake waters and flourishing tropical greenery. An elegant ambiance is immediately introduced by a dramatic arched covered entry of coquina stone and a garden courtyard highlighted by a fountain. A lakeside outdoor entertainment area is centered on a luxurious heated pool and waterfall spa crowned by a wood and stone pergola, completed with a summer kitchen and loggia.

Old World sophistication infused with dramatic detailing are the hallmark of this luxurious The Oaks at Boca Raton estate offering 4,882± square feet of Mediterranean styling, with five bedrooms, five full baths and two half baths. This designer-decorated and fully furnished villa is appointed with richly textured fabrics, window treatments and wall coverings, and bestowed with an astonishing array of upgrades throughout.

The elegance of this home is revealed through the arched glass and iron double doors leading into the foyer, where polished Jerusalem stone floors are accented by walls with cast stone corbels and a ceiling where applied moldings frame bronzed medallions. A step down into the two-story living room reveals beautiful lake and pool views from a wall of arched windows, with a caste stone mantle fireplace serving as the centerpiece of this sweeping space.

The formal dining room is lavished with friezes, molding and a coffered crown ceiling, and leads into the expansive state-of-the-art kitchen. Designed with furniture-grade cabinetry, top-grade appliances, a tumbled stone hearth, granite counter tops and a built-in espresso machine, this center island kitchen is truly a gourmet chef's dream, opening to a family room framed by a built-in entertainment center and floor-to-ceiling window walls. The library is richly appointed with built-in maple bookshelves and cabinets, offering a hidden entrance to the adjoining 8-seat home theater. Enjoying views of the pool and lake, the elegant master bedroom suite offers a private sanctuary, with a marble bath offering dual vanities, spa tub and a walk-in glass shower. A second bedroom with en-suite bath is found in a separate wing.

Perched atop the winding staircase on the second level is an intimate loft showcasing custom designed built-in cushioned benches, shelves, desk, entertainment center and bead board wainscoting. Three additional bedroom suites offer walk-in closets and en-suite baths.

Boca Raton real estate is your gateway to a sporting life of unparalleled luxury. Whatever your preferences or the needs of your lifestyle, the communities of Boca Raton and Delray Beach are certain to have the property that’s right for you.

If you’re planning to invest in Boca Raton real estate, you’ll require the superior services of a knowledgeable and seasoned Boca Raton Realtor familiar and experienced with the Boca Raton and Delray Beach real estate market. Contact The Smiths at 561.445.2282 or TheSmiths@LuxuryResortPortfolio.com.

__________________________________

Luxury Resort Portfolio
"The Definitive Source For Luxury Real Estate In South Florida"

Main | 800.644.5616
Fax | 800.644.0059

Philip Lyle Smith | 561.445.2282
Carla Ferreira-Smith | 561.445.2299

or email us at TheSmiths@LuxuryResortPortfolio.com

A Transaction Brokerage Team Representing Both Buyers And Sellers
__________________________________

Estates and Fine Homes LLC
7700 Congress Avenue
Boca Raton, FL 33487

Main: 800-644-5616
Fax: 800-644-0059

Dominating The Industry With A Social Media Presence

noreply@blogger.com (The Smiths) — Wed, 31 Mar 2010 14:17:00 +0000

Attention: The Oaks - Real Estate News Subscribers

The article below was originally posted on the The Luxury Resort Index site on March 31st 2010. In an effort to consolidate our many and well received blog posts regarding the luxury real estate market in South Florida, all future Luxury Resort Portfolio blog posts will originate from our The Luxury Resort Index site.

Thank You

The Smiths

Country Clubs and Estate Enclaves

Website

Country Clubs and Estate Enclaves

@TheSmithsLRP

TheSmithsLRP

By being the trendsetters and not the trend followers we are honored to be recognized as “The Definitive Source For Luxury Real Estate In South Florida”.

____________________________________________

Luxury Resort Portfolio
"The Definitive Source For Luxury Real Estate In South Florida"

Main | 800.644.5616
Fax | 800.644.0059

Philip Lyle Smith | 561.445.2282
Carla Ferreira-Smith | 561.445.2299

or email us at TheSmiths@LuxuryResortPortfolio.com

A Transaction Brokerage Team Representing Both Buyers And Sellers
____________________________________________

Estates & Fine Homes LLC
7700 Congress Avenue
Boca Raton, FL 33487

The Oaks at Boca Raton Real Estate | Featured Community

noreply@blogger.com (The Smiths) — Fri, 12 Mar 2010 15:10:00 +0000

Attention: The Oaks - Real Estate News Subscribers

The article below was originally posted on the The Luxury Resort Index site on March 12th 2010. In an effort to consolidate our many and well received blog posts regarding the luxury real estate market in South Florida, all future Luxury Resort Portfolio blog posts will originate from our The Luxury Resort Index site.

Thank You

The Smiths

Featured Community

The Oaks at Boca Raton

Often referred to as: "The last great estate home community in Boca Raton," South Florida's The Oaks at Boca Raton is an Exclusive Gated Estate Enclave from esteemed luxury homebuilder Kenco Communities. Spread out over 282 lush acres, The Oaks at Boca Raton real estate represents some of the finest properties available in a city well-known for its many prestigious residential enclaves.

The Oaks at Boca Raton
Asking Price | $2.695 Million US
View All Properties For Sale | The Oaks at Boca Raton

Situated along renowned "Millionaire's Mile and Country Club Row", The Oaks at Boca Raton homes for sale are minutes away from the Atlantic Ocean Beaches and the Intracoastal Waterway, as well as the cultural, shopping and entertainment offerings of Boca Raton, Delray Beach and Palm Beach.

The Oaks promotes a relaxed and elegant Boca Raton Country Club lifestyle with features that include the magnificent Oaks Club & Clubhouse, Concierge Services, a tropical pool, a 12-court tennis complex, a spa and fitness center, and a variety of other luxuriant amenities. Home ownership in The Oaks at Boca Raton is a full amenity and family oriented Country Club Lifestyle, without the expense of Membership Equity, Fees or Dues.

The Oaks at Boca Raton has less than 500 home sites and offers home buyers' a magnificent selection of custom built estate homes for sale in size from 3,000 square-feet to over 8,000 square-feet, with prices ranging from just below $1 Million to above $4 Million. Residences at The Oaks are located in several individual Enclaves, each of which features a variety of custom built homes, have their own distinctive attributes and are situated on verdant, meticulously manicured grounds that showcase the serenity of the picturesque South Florida tropical landscape.

At The Oaks at Boca Raton you can choose from home sites with spectacular lake or garden views and dramatic floor plans that include stunning poolside entertaining loggias, extravagant gourmet chef's kitchens, state-of-the-art media rooms and dazzling home theaters. From the Jerusalem Stone floors and barrel vaulted coffered ceilings to the unique architectural designs and expert craftsmanship, no detail has been overlooked at The Oaks at Boca Raton. Within The Sanctuary and The Grand Lake Estates, The Oaks at Boca Raton's Premier Enclaves, are the home collections of acclaimed Custom Home Builders Charlse-Watt Communities, Albanese-Popkin Development Group and Kenco Communities. Other exceptional collections in the community are The Grand Estates, Oak Pointe Estates, Royal Estates, The Estates South and Enclave East. The landscape of The Oaks at Boca Raton with its sparkling lakes and lush greenery is extremely conducive to peace and relaxation, while the way of life The Oaks at Boca Raton affords is like being on a permanent holiday.

The Oaks at Boca Raton is centrally located between Ft. Lauderdale and Palm Beach International Airports, one hours drive to Miami International Airport and is easily accessible to the Boca Raton Executive Airport.

View All Properties For Sale | The Oaks at Boca Raton

Luxury Resort Portfolio

"The Definitive Source For Luxury Real Estate In South Florida"

Main | 800.644.5616
Fax | 800.644.0059

Philip Lyle Smith | 561.445.2282
Carla Ferreira-Smith | 561.445.2299

or email us at TheSmiths@LuxuryResortPortfolio.com

A Transaction Brokerage Team Representing Both Buyers And Sellers

____________________________________________

The Smiths | 2009 4Q Newsletter

noreply@blogger.com (The Smiths) — Thu, 25 Feb 2010 15:08:00 +0000

Attention: The Oaks - Real Estate News Subscribers

The article below was originally posted on the The Luxury Resort Index site on February 25th 2010. In an effort to consolidate our many and well received blog posts regarding the luxury real estate market in South Florida, all future Luxury Resort Portfolio blog posts will originate from our The Luxury Resort Index site.

Thank You

The Smiths

Luxury Resort Portfolio

4th Quarter | 2009
Newsletter

Specializing in properties of distinction on South Florida’s Gold Coast, Luxury Resort Portfolio provides the highest level of customized service, matched and exceeded only by the highest level of performance exemplary of the exceptional real estate our firm represents.

Please accept this invitation to explore Luxury Resort Portfolio and discover the myriad real estate opportunities available on this sunny, scenic and incomparable slice of South Florida’s Gold Coast. From vastly sought after real estate on the green in an Elite Boca Raton Country Club to a Luxurious Ocean Front Estate along the Palm Beach coastline, there’s something for every taste and lifestyle in South Florida. Please contact Luxury Resort Portfolio for more information and let our professionals know how they can be of further assistance to you.

Luxury Resort Portfolio
"The Definitive Source For Luxury Real Estate In South Florida"

Main | 800.644.5616
Fax | 800.644.0059
Philip Lyle Smith | 561.445.2282
Carla Ferreira-Smith | 561.445.2299

or email us at TheSmiths@LuxuryResortPortfolio.com

A Transaction Brokerage Team Representing Both Buyers And Sellers

____________________________________________

The Oaks at Boca Raton | Newly Priced

noreply@blogger.com (The Smiths) — Tue, 16 Feb 2010 14:58:00 +0000

Attention: The Oaks - Real Estate News Subscribers

The article below was originally posted on the The Luxury Resort Index site on February 16th 2010. In an effort to consolidate our many and well received blog posts regarding the luxury real estate market in South Florida, all future Luxury Resort Portfolio blog posts will originate from our The Luxury Resort Index site.

Thank You

The Smiths

The Oaks at Boca Raton
17614 Grand Este Way | Boca Raton, FL | 33496

Newly Priced
$1,999,000 US

Luxury Resort Portfolio
"The Definitive Source For Luxury Real Estate In South Florida"

Main | 800.644.5616
Fax | 800.644.0059
Philip Lyle Smith | 561.445.2282
Carla Ferreira-Smith | 561.445.2299

or email us at TheSmiths@LuxuryResortPortfolio.com

A Transaction Brokerage Team Representing Both Buyers And Sellers

____________________________________________

Estates and Fine Homes LLC

7700 Congress Avenue

Boca Raton, FL 33487

Main: 800-644-5616

Fax: 800-644-0059

The Oaks at Boca Raton | New To Market

noreply@blogger.com (The Smiths) — Mon, 04 Jan 2010 14:53:00 +0000

Attention: The Oaks - Real Estate News Subscribers

The article below was originally posted on the The Luxury Resort Index site on January 4th 2010. In an effort to consolidate our many and well received blog posts regarding the luxury real estate market in South Florida, all future Luxury Resort Portfolio blog posts will originate from our The Luxury Resort Index site.

Thank You

The Smiths

Opulent Santa Barbara Custom-Built Masterpiece

The Oaks at Boca Raton | Grand Este Way | Boca Raton, FL 33496
Offered at $2,695,000 US

Marvel at the Old World influences

The charm of the Santa Barbara architectural style in the Oaks at Boca Raton. Charlse Watts custom built expansive lake front estate, nestled in a cul-de-sac in the exclusive enclave of The Grand Lake Estates.

Experience more than 11,700 total square feet of subdued elegance and luxury sprawling over a serene oasis in excess of half an acre of sculpted grounds. Tour room after dazzling room that each feature design elements reserved for the worlds most tasteful home buyers, replete with intricately crafted stone floors, custom moldings, coffered ceilings and granite counter tops.

This unique property is sumptuously fitted with distinctive amenities that include a home office, chefs kitchen, theater room, and personal elevator. A grandly scaled second level master suite enters onto a copacious view filled balcony of the residences resort inspired entertaining area, adorned with an over sized pool, patio and well appointed alfresco summer kitchen. The residence is equipped with the most sophisticated security measures including an eight camera surveillance system with a constant recorded tape back-up. The state of the art AMX touchscreen smart house technology coordinates and enhances the amenities that befit a residence of this caliber.

The estates inherent design yields an element of functionality that lends consideration to lifestyle, family and dreams. All of the well appointed materials employed evoke an unparalleled sense of grandeur, while the estates architectural splendor raises the bar in high end residential design.

____________________________________________

Estates and Fine Homes LLC

7700 Congress Avenue

Boca Raton, FL 33487

Main: 800-644-5616

Fax: 800-644-0059

Luxury Resort Portfolio Update

noreply@blogger.com (The Smiths) — Fri, 08 May 2009 17:05:00 +0000

The Smiths - Luxury Resort Portfolio
"The Definitive Source for Luxury Real Estate in South Florida”

We are pleased to announce
The Smiths - Luxury Resort Portfolio

Listing and Selling The Exclusive Communities of Palm Beach County

New To Market
Long Lake Estates
Offered at $5,295,000
(Click On Image to View Details)

Newly Priced
The Oaks at Boca Raton
Offered at $2,599,000
(Click On Image to View Details)

Newly Priced
The Oaks at Boca Raton
Offered at $1,199,000
(Click On Image to View Details)

The Smiths - Luxury Resort Portfolio
Recent Sales

"Just Sold" by The Smiths - Luxury Resort Portfolio
Mizner Country Club - Andalucia
List Price of $1,695,000
(Click On Image to View Details)

"Just Sold" by The Smiths - Luxury Resort Portfolio
The Oaks at Boca Raton
List Price of $2,450,000
(Click On Image to View Details)

_____________________________________

Preview All of Our Listed Estates
(Click Below)

The Smiths- Luxury Resort Portfolio
A Transaction Brokerage Team
Representing Both Buyers And Sellers
561.445.2282
561.445.2299

TheSmiths@LuxuryResortPortfolio.com

Tough Times Ahead

noreply@blogger.com (The Smiths) — Fri, 23 Jan 2009 18:11:00 +0000

Real Estate projections for 2009-2010 are grim, and there is no way to sugar coat the news. Housing experts met in Las Vegas this week for the International Builders' Show to discuss trends and projections on "the recovery" and to meet with expert economists.

Economists predict there will be further declines in homes prices, new construction starts and the number of home sales, while mortgage defaults, foreclosures and unemployment rates continue to climb. It is the simple supply and demand theory...a "turn around" will not happen until the quantity of unsold homes that are on the market decrease. There are too many homes for sale on the market with not enough buyers in the market to purchase them. Buyer confidence is at an all time low for making significant purchases in this economy when the uncertainty of employment stability looms over all our heads.

To make matters worse, a risk index predicts that 97 % of the nation's metropolitan areas had a greater probability of home prices falling over the next two years. In addition, over half of these metropolitan areas have a risk index of home price declines greater than 50 %.

-The Smiths

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View Full Article:
http://luxuryresortportfolio.blogspot.com/2009/01/tough-times-ahead.html

____________________________________________________

Preview All of Our Listed Estates
(Click on Image)

_____________________________________________

For further information or if you wish to see your property featured here.
Please Contact: The Smiths - Luxury Resort Portfolio at (561) 445-2282 or
email at TheSmiths@LuxuryResortPortfolio.com

Inquire about "The Property Organizer" Feature we exclusively provide at Luxury Resort Portfolio.
It is an organizing tool that makes it easy to search for properties and to keep track of properties you are interested in. Whenever you see property listings that you like, you can save them for future reference and for sharing with family members and friends. "The Property Organizer" also allows you to easily manage your Email Update service and save your search criteria for later use.

click link below to view:
"The Property Organizer"

If you have any questions on how to set up specific community searches
or for your Mizner Country Club Real Estate Update
compliments of The Smiths - Luxury Resort Portfolio,
please call or email Philip at (561) 445-2282 or Philip@LuxuryResortPortfolio.com
for assistance.
We can set up your customized search and you will receive instant email updates
directly to your inbox.

The information herein is believed to be accurate but not guaranteed and may be subject to errors, omissions and changes without notice. This is not to be construed as a solicitation of property presently listed for sale. All information is derived from the Palm Beach County Property Appraisers website and the MLS.

The Oaks - Real Estate Round Up

noreply@blogger.com (The Smiths) — Fri, 19 Dec 2008 19:59:00 +0000

Happy Holidays!

We sincerely thank you for your wonderful support and
business during the past year and offer our warm wishes
of happiness, health and prosperity in the coming new year!
Hoping 2009 will bring us all greater fortunes...
especially in Real Estate!

-The Smiths
Philip & Carla Smith

The Oaks - Real Estate Round Up

The Oaks at Boca Raton currently has (52) properties "Listed for Sale". These properties range in "Asking Prices" of $875,000 to $4,904,596. The community had (30) properties Sold Year-to-Date and the properties sold in 2008 ranged from $800,000 to $2,010,000. Currently there are (3) properties "Pending Sale". To view detailed information, please click on the links below.

The Oaks - Homes for Sale
The Oaks - Homes Sold 2008
The Oaks - Homes Pending Sale

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The Smiths - Luxury Resort Portfolio
The Oaks at Boca Raton
Featured Properties
(Click on Image)

The Oaks at Boca Raton
17614 Grand Este Way
Offered at $2,599,000

In the opulent Santa Barbara tradition, this brand-new custom-built masterpiece basks in serene lakefront vistas and lush privacy in the Grand Lake Estates enclave. Resort-style luxury defines the spectacular lakeside entertainment area focused on a triple-tiered pool and spa with fountains and Murano glass mosaics. The columned loggia is complemented by a stone fireplace and summer kitchen. Designer decorated and furnished, this exquisite Donatella villa is a crowning achievement by acclaimed Charlse-Watt, blending breathtaking appointments and lavish luxuries. Smart-house technologies with AMX touch-pads control all systems including security, climate, lighting, surround-sound audio, and televisions. Mosaic-inlaid travertine marble floors, elaborate moldings, and hurricane-impact glass are also featured. Five bedrooms, 6 full and 2 half baths, plus a 4-car garage are included in 7,860± total square feet.

The Oaks at Boca Raton
17563 Middle Lake Drive
Offered at $1,450,000

Decorative stone columns and intricate iron-gated doors lead to the privacy of this magnificent home. European traditions have inspired this serenely elegant 2 story courtyard residence with private 2 story / 2 bedroom / 2 bath guest house embracing a magnificent oversized tropical pool with waterfall spa in a luxuriant garden oasis. An open-air kitchen serves alfresco entertaining on the inviting terrace. Elaborate landscaping graces the entire estate in a prominent corner setting. Beautifully melding with the classic design of this exquisite villa, the spacious, airy interiors lend a refined sensibility with Saturnia marble floors and fine details bridging traditional and modern décor. Six bedrooms, 6½ baths, 3-zone air conditioning, media room, and a 3-car garage are included in the Emelia Grand floor-plan of 6,632± total square feet.

The Smiths - Luxury Resort Portfolio
The Oaks at Boca Raton
Recently Rented
(Click on Image)

The Oaks at Boca Raton
17570 Middlebrook Way

The Oaks at Boca Raton
17554 Middlebrook Way

Preview All of Our Listed Estates
(Click on Image)

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Luxury Resort Portfolio proudly presents our Newest Feature ... "The Property Organizer"

noreply@blogger.com (The Smiths) — Wed, 01 Oct 2008 21:14:00 +0000

Luxury Resort Portfolio

The Smiths
proudly present our latest addition to the
Luxury Resort Portfolio Website
the
Luxury Resort Portfolio-Property Organizer
with
"Hot Sheet Updates"

Now you can get the newest listings in your Email Box!
Sign up for the Luxury Resort Portfolio -"Hot Sheet Updates"
and get the latest property reports and photos
as they come on the market!

Customize Your Search!
Customize How Often You Wish To Be Updated!

Simple to Sign Up & Free !!!

Compliments of The Smiths-Luxury Resort Portfolio

How Do You Sign Up? It's Quick and Easy!

Click on the image above
Click on "Sign Up For Free Service"
Complete the 4 Easy Steps!

Welcome to Luxury Resort Portfolio-Property Organizer

The Property Organizer is an organizing tool that makes it easy to search for properties and to keep track of properties you are interested in. Whenever you see property listings that you like, you can save them for future reference and for sharing with family members and friends. The Property Organizer also allows you to easily manage your Email Update service and save your search criteria for later use.

If you have any questions on how to set up specific community searches,
please call or email Philip at (561) 445-2282 or Philip@LuxuryResortPortfolio.com
for assistance. We can set up the customized searches for you

___________________________________________________

For further information or if you wish to see your property featured here.
Contact:The Smiths - Luxury Resort Portfolio
at (561) 445-2282 or (561) 445-2299

The information herein is believed to be accurate but not guaranteed and may be subject to errors, omissions and changes without notice. This is not to be construed as a solicitation of property presently listed for sale. All information is derived from the Palm Beach County Property Appraisers website and the MLS.

Luxury Resort Portfolio Activity in The Oaks

noreply@blogger.com (The Smiths) — Wed, 10 Sep 2008 19:59:00 +0000

The Smiths - Luxury Resort Portfolio

The Smiths - Just Sold

The Oaks at Boca Raton
17646 Circle Pond Court
Was Offered at $1,050,000

Residing on an over-sized cul-de-sac lot, this Mediterranean jewel interprets classic traditions in fresh, stylish flair. Tranquil privacy envelops the courtyard-style outdoor entertainment area where a beautiful Portuguese-tiled spa spills into the sparkling pool with Aqua Link controls. A summer kitchen serves the loggia. Lush garden views sweep across the estate's extensive side lawns. Filling its generous open spaces with natural light, this thoughtfully designed residence comprises 4,400± total square feet in a convenient single-level floor-plan with diagonally laid Saturnia marble floors, 3 bedrooms, 4½ baths, and a 3-bay garage. Built in 2002, this immaculate estate home offers myriad conveniences including central vacuum and intercom system, plus indoor/outdoor surround-sound speakers.

The Smiths - Just Rented

17570 Middlebrook Way
Boca Raton, FL 33496
Offered for Purchase at $2,150,000
Rental at $12,000 per month

In The Oaks's Estates Section on one of the enclave's finest lakefront lots, this spectacular Mediterranean villa commands long views sweeping across the lake. Superior craftsmanship and attention to detail hallmark this highly upgraded, former builder's model with 7,150± total square feet, 5 Bedrooms and 5½ Baths. Residence: An impressive and tranquil fountain entry introduce the residence in a luxuriant tropical landscape. Overlooking the lakefront, an arcade Loggia with pecky cypress ceilings, coral floors with polished river rock accents, and Summer Kitchen opens by the dramatic infinity-edge Pool with black Diamond-Brite finish and raised Spa.

The Smiths - Active Listings in The Oaks

The Oaks at Boca Raton
17614 Grand Este Way
Offered at $2,999,999

The Oaks at Boca Raton
17554 Middlebrook Way
Offered at $2,050,000

Classic Mediterranean traditions and modern appointments converge in this European-inspired estate surrounded by glistening lake waters and flourishing tropical greenery. An elegant ambiance is immediately introduced by a dramatic arched covered entry of coquina stone and a garden courtyard highlighted by a fountain. A lakeside outdoor entertainment area is centered on a luxurious heated pool and waterfall spa crowned by a wood and stone pergola, completed with a summer kitchen and loggia. Old World sophistication infused with dramatic detailing are the hallmark of this luxurious estate offering 4,882± square feet of Mediterranean styling, with five bedrooms, five full baths and two half baths. This designer-decorated and fully furnished villa is appointed with richly textured fabrics, window treatments and wall coverings, and bestowed with an astonishing array of upgrades throughout.

The Smiths - Active Listings in Neighboring Communities
View Our Other Listed Estates

_____________________________________________________________________________

For further information or if you wish to see your property featured here.
Please Contact:The Smiths - Luxury Resort Portfolio at (561) 445-2282

Luxury Resort Portfolio
Estate Specialists Representing Both Buyers And Sellers

View Our List of Published Weblogs:

Luxury Resort Portfolio: http://luxuryresortportfolio.blogspot.com

Mizner Country Club-Real Estate News: http://miznercountryclub-realestatenews.blogspot.com

_____________________________________________________________________________

The information herein is believed to be accurate but not guaranteed and
may be subject to errors, omissions and changes without notice.
This is not to be construed as a solicitation of property presently listed for sale.
All information is derived from the Palm Beach County Property Appraisers website and the MLS.

Today's Offer is Going to Be the Best Offer

noreply@blogger.com (The Smiths) — Tue, 26 Aug 2008 22:43:00 +0000

Housing Prices Have Hit 2004 Levels

The offer you receive today is most likely going to be the best offer you are going to get for a very long time. Michelle Meyer, an economist at Lehman Brothers Holdings Inc. in New York, said in an interview with Bloomberg Television "In terms of prices, we don't think we'll see a bottom until the end of next year."

The number of closed transactions are slightly up from 2007 to 2008. According to the Florida Association of Realtors press release on Monday, Palm Beach County had 652 sales in July, that number is up 8 percent from 605 sales a year ago. The median price of home in Palm Beach County is currently $291,300 falling 22 percent from $372,200 a year ago.

South Florida Sellers are having an extremely difficult time coming to terms with the hard reality that their properties are no longer valued at what they thought their properties should be. Buyers actively searching for a home are aware the market is in their favor and are quite verbal that there is a massive amount of inventory to select from and that price is their motivation!

In the Luxury Real Estate Market, Sellers are slowly and painfully accepting that what is happening elsewhere at lower price points is also "trickling up" to their unique market. Fewer Buyers are purchasing second homes in this volatile economy, financing is harder to secure, purchasing homes for cash is a thing of the past, and rising country club dues and fees are becoming less and less attractive. We are noticing that the younger, wealthier Buyers are choosing to go into more moderate priced homes or gated communities to gain "more house for their money". The appeal of moving into the fancy, very expensive gated golf community has lost a lot of its luster in the last couple of years.

Mike Pappas, head of The Keyes Co. in Miami, said Palm Beach County's price plunge shows buyers are demanding bargains. "The only way you're going to move a property today is because of price," Pappas said. "You're seeing that reflected in the numbers."

Pappas and others say property owners shouldn't expect the value of their homes to rise much more than the rate of inflation, which hovered at about 3 percent a year during the boom. "The market is taking the excesses out and penalizing us to get back to the normal, historic appreciation trend," Pappas said. "It's a painful process."

For months, Realtors have been noticing that that their phones are beginning to ring with calls from eager buyers and the number of showings have also increased. Realtors have all been hoping that the end might be in sight soon. But more skeptical observers say prices have further to fall before they're affordable and attractive to Buyers. "We've been saying prices were going to go back to 2003 levels," said Jack McCabe, a housing analyst based in Deerfield Beach. "Now, I'm starting to think it may be even worse than that." McCabe pointed to the glut of homes on the market, and he said prices remain out of reach.

What's more, he expects the flood of foreclosures to continue to hurt home values. "We've probably seen only 30 percent of the foreclosures we're going to see over the next few years," McCabe said. The number of sales in Palm Beach County rose slightly to 652 in July, up 8 percent from a year ago but down 12 percent from the previous month.

Home prices in Palm Beach County have plunged to a four-year low in July, only to raise new questions about just how much farther can property values fall. The last time the median home price in Palm Beach County was $300,000 it was May 2004, when property values were in the middle of their stratospheric rise. Late 2005, when Palm Beach County real estate was the hottest investment this side of Google, home prices have dropped 30 percent. "It's a massive dip over the past couple years, there's no two ways about it," said John Mike, president of the Realtors Association of the Palm Beaches. "The buying public is unnerved about what's been happening in the general economy."

The median condo price in Palm Beach County was $152,300, down 15 percent from a year ago. The number of sales jumped 16 percent.

The national housing market continued to struggle, too, the National Association of Realtors said Monday. The national median existing-home price was $212,400 in July, down 7.1 percent from a year ago, when the median was $228,600. Home sales, however, rose 3.1 percent.

Sales of existing homes in the South tumbled 18 percent in July from a year ago, while the median price fell 3.5 percent to $179,300.

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