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Douglas Elliman Real Estate Sponsors Delray Beach Home Tour 2016

March 31, 2016

The Real Deal South Florida recently posted details and photos of Douglas Elliman Real Estate’s sponsorship in the 15th Annual Delray Beach Home Tour which took place on March 17, 2016. See Article and Photos

Corcoran sponsored one of the eight homes on the tour which was located in Delray’s iconic Lake Ida neighborhood this year. Guests were invited to tour eight luxury homes with a stop at the Delray Playhouse for a catered lunch. More Information about Home Tour

Twelve Delray Corcoran Agents took turns hosting tours at 1308 Lake Drive, the lovely waterfront home sponsored by Corcoran this year.

The annual home tour rotates locations each year to showcase different homes with all proceeds benefitting the Achievement Centers for Children and Families. Corcoran’s veteran and new agents alike have supported this worthwhile event throughout the 15 year annual event with several agents serving on various boards to continue the efforts of the Achievement Center.

Randy Ely and Nicholas Malinosky thank their fellow Corcoran colleague and friend, Jennifer Kilpatrick and marketing director, Ryan Cooper for organizing Corcoran’s involvement in the tour again this year. Jennifer and Ryan offered a stellar presentation to each and every guest.

Would you like more information about Delray Beach and the Luxury Real Estate Market? Please contact Randy Ely and Nicholas Malinosky, the #1 Luxury Team in the Beach Area.

Douglas Elliman Real Estate Celebrates 2015 Record-Breaking Sales of $21 Billion

March 23, 2016

According to a March 22 post on both The Real Deal and New York’s citybizlist, Douglas Elliman Real Estate had its best year yet in 2015 with a record $21 billion in sales volume. The numbers represent a nearly 17% year-over-year increase in nationwide sales volume for the company. See Details

The announcement was celebrated on March 6 in Fort Lauderdale where Corcoran President and CEO, Pamela Liebman accepted four ‘œ2015 Top Performing NRT Company’ awards. See Details

The Douglas Elliman Real Estate operates 40 offices with 2,200 sales associates serving New York and South Florida. Randy Ely and Nicholas Malinosky are agents in the Delray Beach Corcoran office and are pleased to have helped contribute to this award-winning accomplishment.

Want more information about the Luxury Real Estate Market, please contact Randy Ely and Nicholas Malinosky, the #1 Luxury Team in the Beach Area.

East Delray Beach’s Newest Beach Area Estate is Complete at 1046 Melaleuca Road

March 21, 2016

The newly completed beach area luxury estate at 1046 Melaleuca Road, Delray Beach, Florida is ready to be introduced to the luxury real estate community.

The Brand New Construction by Marc Julien Homes is exclusively listed by Randy Ely and Nicholas Malinosky and will be unveiled to the luxury real estate brokerage community on Tuesday, March 22, 2016 at an open house gala event worthy of this masterpiece residence.

The extraordinary residence is located in the Seagate Estate Section of Delray Beach just three blocks from the ocean and minutes to Atlantic Avenue. The property sits on a rare and very large estate lot with 110 feet frontage on the street and 150 feet of depth on Melaleuca Road, one of the most beautiful streets in the beach area. Boasting over 7,100 total square feet, this California contemporary four bedroom residence has it all. From the custom features and open floorplan to the superb location, this beach area estate is truly one of a kind. Please see Property Details .

Looking to buy a luxury residence in South Florida’s beach area? Want more information about the Luxury Real Estate Market, please contact Randy Ely and Nicholas Malinosky, the #1 Luxury Team in the Beach Area.

East Delray Beach Bar Harbour Condo Hits the Luxury Real Estate Market

March 17, 2016

A Bar Harbour condo unit just hit the beach area luxury real estate market. The condo located at 86 MacFarlane Drive #8A, Delray Beach, Florida was entered in the Multiple Listing Service on March 16, 2016 with a list price of $1.195M. This stunning condo is also featured on RandyandNick.com, Corcoran.com, Zillow, Trulia and Realtor.com.

This East Delray Beach 8th Floor unit has been completely remodeled and professionally designed with ocean, Intracoastal and city views. Filled with natural light and professionally designed to reflect the sparkling coastal views, this 8th floor southeast and southwest facing corner unit is picture perfect. Every inch of the interior has been beautifully remastered with European French oak wood floors, white walls, clean lines, Carrera marble accents and endless water views all creating a stunning seaside condo. Features include secure lobby entry with staffed front desk, elevator to unit floor, living room with wall of windows and sliders that open to spacious balcony, dining area and kitchen have a subtle contemporary flair, private master suite and master and second guest room with bath. Completely remodeled, many custom features and upgrades include marble floors, showers and countertops; LED lighting; custom crown moldings and baseboards; custom bathrooms with walk-in showers; impact windows and doors; and in-unit laundry closet with washer and dryer. Bar Harbour is an exceptional condominium with remarkable amenities including direct Intracoastal pool with barbeque area, private storage locker, exercise room, library, club room, common laundry, bike storage, trash chute, covered parking spot and a guest suite on the first floor available for out-of-town guests. This Bar Harbour unit has been completely remodeled and professionally designed to create the perfect seaside condo to call home. Come enjoy the luxury lifestyle in this picture perfect unit.

Please see Property Details .

This rarely available condo is exclusively listed by Randy Ely and Nicholas Malinosky of the Douglas Elliman Real Estate. Looking to buy a luxury residence in South Florida’s beach area? Want more information about the Luxury Real Estate Market, please contact Randy Ely and Nicholas Malinosky, the #1 Luxury Team in the Beach Area.

Randy Ely and Nicholas Malinosky Just Sold 330 Banyan Road, Gulf Stream

March 10, 2016

Randy Ely and Nicolas Malinosky just sold their exclusive listing at 330 Banyan Road, Gulf Stream, Florida. The Multiple Listing Service (MLS) recorded the listing as ‘œClosed’ on March 10, 2016.

Located on a large corner lot, this Gulf Stream seaside estate is just three homes from the Atlantic Ocean and one block from Gulf Stream School. Professionally decorated by Phoebe Howard and sold furnished, this seaside estate was listed at $4,495M. See Property Details

Mr. Ely and Mr. Malinosky thoroughly enjoyed marketing this luxury property and welcome the buyer to the Gulf Stream neighborhood.

Randy Ely and Nicholas Malinosky are off to a strong start in the 2016 real estate market. They have already sold four luxury residences and have three more properties currently under contract.

As the #1 Luxury Team in the Beach Area, Randy Ely and Nicholas Malinosky are happy to assist you with your real estate goals. Please contact them today and visit www.RandyandNick.com.

Two More Beach Area Estates Under Contract by Randy Ely and Nicholas Malinosky

March 7, 2016

Randy Ely and Nicholas Malinosky just put two more properties under contract:
358 North Ocean Boulevard, Delray Beach, Florida and 126 Seabreeze Avenue, Delray Beach, Florida which is listed by Douglas Elliman Real Estate colleague, Wendy Overton.

Mr. Ely and Mr. Malinosky sold three beach area estates since January 1, 2016 totaling over $19 million in sales volume. They were honored to set another direct oceanfront record on February 25, 2016 with the sale of their exclusive listing at 6125 North Ocean Boulevard, Ocean Ridge.

Mr. Ely and Mr. Malinosky currently have four luxury real estate properties under contract with a combined sales volume over $35 million.

Are you ready to sell your oceanfront estate? Interested in buying a direct Intracoastal residence? Want to live in the beach area? As the #1 Luxury Team in the Beach Area, Randy Ely and Nicholas Malinosky are happy to assist you with your real estate goals. Please contact them today and visit www.RandyandNick.com.

Wealth and Scarcity of Oceanfront Property Fuels Record Prices

March 4, 2016

According to a March 3, 2016 post on My Palm Beach Post, the $34 million record setting sale of a Delray Beach oceanfront mansion reflects ‘œwealthy buyers’ willingness to pay top dollar for oceanfront property’. This week’s sale of 921 South Ocean Boulevard for $34M is just the latest in a list of record setting oceanfront transactions.

Last week, Randy Ely and Nicholas Malinosky sold their exclusive oceanfront listing at 6125 North Ocean Boulevard at a record setting price $9 million above the previous Ocean Ridge record.

Similar record settings direct oceanfront deals have recently taken place in Manalapan for $33M and Jupiter Island for $38M. Just this week, a Palm Beach oceanfront mansion listed at $59M went under contract.

There is a high demand for brand new oceanfront homes and large direct ocean parcels thus resulting in a limited inventory. When asked about the current oceanfront market, luxury real estate agent Nicholas Malinosky of the Douglas Elliman Real Estate stated that ‘œthe cost of land has gone up, and it’s extremely difficult to find land in Palm Beach County’. As oceanfront real estate experts, the team of Randy Ely and Nicholas Malinosky has set several oceanfront records including the the 2015 sale of 901 South Ocean Boulevard which sold for $19M; the highest price at that time.

The wealthy buyers of these record setting oceanfront mansions have benefitted greatly from the economic growth in recent years. Chief economist for Florida Realtors, Brad O’Connor was quoted as saying, ‘œWe know that the wealthy are doing pretty well right now.’

The question remains: Is there a ceiling on just how high mansion prices can go? Palm Beach County’s mansion record remains untouched since 2008 when Donald Trump sold the property at 515 North County Road in Palm Beach for $95 million. There are several high-ticket active listings that have yet to sell. A Manalapan estate ($195M), the Palm Beach mansion at 1071 North Ocean Blvd ($74.5M), Greg Norman’s Jupiter Island estate ($55M reduced from $65M), and Celine Dion’s oceanfront estate ($45.4M reduced from the 2013 price of $72.5M). See Full Article

Ready to discuss the oceanfront real estate market? Randy Ely and Nicholas Malinosky are ready to help you sell or buy your next luxury real estate property.

Randy Ely and Nicholas Malinosky; The #1 Luxury Real Estate Team in the Beach Area.

Oceanfront Mansion in Delray Beach Sets New Sales Record at $34 Million

March 3, 2016

According to a March 2, 2016 post on The Palm Beach Post, the Delray Beach mansion located at 921 South Ocean Boulevard just set a record for highest sales price coming in at $34 million. The direct oceanfront estate was situated on 1.7 acres with 33,571 square feet and listed at $39.95M.

The previous record breaking sale for Delray Beach’s oceanfront was achieved in 2015 by Randy Ely and Nicholas Malinosky when their exclusive listing at 901 South Ocean Boulevard sold for $19M.

The Palm Beach Post article states that ‘œPalm Beach County’s mansion market has been on a tear’ with two more record breaking sales:
6125 North Ocean Boulevard, the Ocean Ridge direct oceanfront estate exclusively listed by Randy Ely and Nicholas Malinosky which sold last month and 860 South Ocean Boulevard, the Manalapan ocean-to-Intracoastal estate exclusively listed by Jim McCann of Douglas Elliman Real Estate which sold September 2015. Read More

Ready to buy an oceanfront estate? Check out Mr. Ely and Mr. Malinosky’s exclusively listed direct oceanfront estate at
1255 North Ocean Boulevard, Gulf Stream, Florida.

Interested in selling your oceanfront residence? Randy Ely and Nicholas Malinosky are ready to help you achieve your luxury real estate goals.

Randy Ely and Nicholas Malinosky; The #1 Luxury Real Estate Team in the Beach Area.

330 Banyan Road, Gulf Stream is Under Contract

March 2, 2016

According the Beaches Multiple Listing Service, the status of the property at , Gulf Stream, Florida has been changed to ‘œPending’ as of March 2, 2016. A pending status reflects that the property is under contract and all contingencies have been met.

This seaside estate is exclusively listed by Randy Ely and Nicholas Malinosky of the Douglas Elliman Real Estate. The residence is in pristine condition and was professionally decorated by Phoebe Howard. The home has four bedrooms, four full and two half baths, 4,417 square feet under air and 5,501 total square feet. The property is listed for $4.495M. See Property Details

Mr. Ely and Mr. Malinosky’s direct oceanfront listing at 1171 South Ocean Boulevard, Delray Beach offered at $13M is also listed as ‘œPending’ in the MLS and their listing at 358 North Ocean Boulevard, Delray Beach offered at $4.45M is listed as ‘œContingent’ in the MLS.

Mr. Ely and Mr. Malinosky sold two of their luxury listings in the last week:
6125 North Ocean Boulevard, Ocean Ridge listed at $17.95M and closed on February 25, 2016
4325 Tranquility Drive, Highland Beach listed at $4.795M and closed on March 1, 2016

In the market for a beach area residence? Mr. Ely and Mr. Malinosky have other luxury estates in their exclusive listing inventory:
1230 North Ocean Boulevard, Gulf Stream listed at $6.995M
3809 Bermuda Lane, Gulf Stream listed at $4.595M
1046 Melaleuca Road, Delray Beach listed at $4.595M
70 Curlew Road, Point Manalapan listed at $3.995M
124 Marlin Drive, Ocean Ridge listed at $3.495M

As the #1 Luxury Team in the Beach Area, Randy Ely and Nicholas Malinosky are happy to assist you with your real estate goals. Please contact them today and visit www.RandyandNick.com.

Another Beach Area Waterfront Estate Sold by Randy Ely and Nicholas Malinosky

March 1, 2016

Randy Ely and Nicholas Malinosky are pleased to announce that they have sold the waterfront estate located at 4325 Tranquility Drive, Florida. The transaction closed on March 1, 2016 and was Mr. Ely and Mr. Malinosky’s second closing in five days.

The Highland Beach waterfront estate located at 4325 Tranquility Drive is tucked off A1A on the exclusive island of Bel Lido Isle. Boasting 115 feet of direct deep waterfrontage with an 80+ foot dock, this two story residence has it all. Meticulously maintained, many of the amenities are in pristine, brand new condition. See Property Details

Randy Ely and Nicholas Malinosky are pleased to continue their work in the beach area and congratulate the Seller and Buyer on this transaction.

In the market for a waterfront estate? Mr. Ely and Mr. Malinosky have other waterfront properties in their exclusive listing inventory:
3232 Polo Drive, Gulf Stream listed at $7.95M
1002 Seasage Drive, Delray Beach listed at $6.975M
617 Palm Trail, Delray Beach listed at $5.95M
2352 South Ocean Boulevard, Highland Beach listed at $4.795M
124 Marlin Drive, Ocean Ridge listed at $3.495M
3 Waterview Drive, Ocean Ridge listed at $1.895M

As the #1 Luxury Team in the Beach Area, Randy Ely and Nicholas Malinosky are happy to assist you with your real estate goals. Please contact them today and visit www.RandyandNick.com.