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Manalapan Waterfront House for Sale Offering Exceptional Privacy

August 31, 2017

Looking to buy a waterfront home in South Florida with exceptional privacy? Then check out this Manalapan house that just hit the luxury real estate market. Nicholas Malinosky just listed 50 Spoonbill Road located in the secluded and private seaside Town of Manalapan, Florida. The six bedroom waterfront residence is available for $3.875 million and hit South Florida’s real estate market on August 28, 2017. The property is featured in Beach MLS and on several websites including RandyandNick.com, Elliman.com, KnightFrank.com, Zillow.com and Realtor.com.

50 Spoonbill Road, Manalapan, Florida

Elegantly poised on the peaceful Manatee Cove, this waterfront home provides a private oasis that promises to please. With tropical landscape and decorative circular drive, the front entryway is perfectly framed by a pergola with bougainvillea, charming porch and stately front door with sidelites. The spacious foyer provides the first glimpse of the vaulted ceilings, stunning terrazzo floors and gorgeous views of the pool and waterway beyond. The formal living and dining room is bathed in natural light with glass sliders that open to the covered loggia and a French doors leading to the private front courtyard.

50 Spoonbill Road, Manalapan, Florida

The new kitchen by Henrybuiltâ„¢ has a vaulted paneled ceiling with sky lights for fabulous light and features Miele and Sub-Zero appliances with an island that has a vintage-feel butcher block top. The kitchen expands towards the great room with ample space for dining table. With a wall of pocket sliders, the kitchen and great room flow effortlessly to the outdoor living areas with scenic views of the grounds, waterway and neighboring multi-million dollar homes. The large laundry room and two-car garage are conveniently located down the hall from the kitchen with a full bathroom just off the great room.

50 Spoonbill Road, Manalapan, Florida

The spacious first floor master suite has hardwood floors, a picture window that overlooks the waterway, and French doors that open to the covered loggia and pool. The stunning marble master bath has a soaking tub, glass walk-in shower, two custom vanities each with a sink and plenty of drawers and a sliding glass door to the private outdoor shower area. The expansive walk-in closet offers plenty of storage with custom shelving. The first floor VIP suite has terrazzo floors, picture window, doorway to brick paver walkway, two closets with custom shelving and a spacious bathroom with marble soaking tub, glass shower, linen closet and large custom vanity with dual sinks and lots of drawers. There are two additional guest bedrooms on the first floor just off the kitchen and great room. The first guest bedroom has hardwood floors, a lovely window overlooking the front courtyard, easy access to the full bath across the hall and a built-in wardrobe that could be easily removed to use the room as an office. The second guest bedroom has hardwood floors, a custom built-in double loft bed, closet with custom shelving and large bathroom with custom glass walk-in shower, custom vanity and linen closet.

50 Spoonbill Road, Manalapan, Florida

The upstairs has a modern feel with clean lines, hardwood floors and volume ceilings. Ideal for private retreats or a hot spot for entertaining guests, the spacious family room has a wet bar with custom counter and full refrigerator; a large dining area; private covered balcony with cypress ceiling and a wall of vanishing sliders that open to provide unobstructed sunset views over the peaceful Manatee Cove lined with multi-million dollar homes. The upstairs guest bedroom has water views, a custom built-in loft bed, closet and full bath across the hall. The upstairs master wing is conveniently located at the end of the hall for maximum privacy. With hardwood floors, volume ceilings, custom lighting and water views, this space is tranquil and inviting. The walk-in closet has custom shelving and the master bath has a custom vanity with dual sinks, custom walk-in shower and soaking tub that is open to the bedroom allowing relaxing views of the waterway.

50 Spoonbill Road, Manalapan, Florida

The outdoor space was perfectly designed to provide endless hours of both private lounging and festive entertaining. The covered loggia has gorgeous terrazzo floors and stunning cypress paneled ceiling with ample room for outdoor living and dining areas all overlooking the waterway. The open patio perfectly frames the beautiful mosaic-tiled pool and provides ample space for relaxing and playing with an outdoor shower conveniently located at the south brick paver terrace. Perfectly positioned at one of the widest points on Manatee Cove, the picturesque views encompass the tranquil waterway, multi-million dollar homes and spectacular sunsets. The manicured backyard slopes down to the 104 feet of waterfrontage and new dock with electric, water and 12,000 pound boat lift. Enjoy scenic boating along the Intracoastal Waterway or venture out to the Atlantic Ocean via the nearby inlet to enjoy day trips to exciting destinations like Miami, Fort Lauderdale, Jupiter and beyond.

50 Spoonbill Road, Manalapan, Florida

As a Manalapan resident, you will have a gratis membership to La Coquille Club located inside the world renowned Eau Palm Beach Resort & Spa, formerly the Ritz Carlton Palm Beach. This unique benefit permits access to all the amenities of the club and resort including the beach, pool, spa and the clubroom facilities. Situated on a secluded private beach on seven acres of the Atlantic coast with breathtaking ocean views and lush tropical gardens, the AAA Five Diamond Eau Palm Beach Resort & Spa was recognized as Florida’s top resort in the 2016 Condé Nast Traveler Readers’ Choice Awards.

Tranquil water vistas and South Florida sunsets interplay to create the ideal backdrop for this private oasis. With six bedrooms and 104 feet of waterfrontage, 50 Spoonbill Road in Manalapan, Florida is the perfect coastal residence to call home. Listed at $3.875M. Please see Property Details and Luxury Property Video.

Ready to make an offer? Contact Nicholas Malinosky to schedule a preview and for more details.

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Luxury Waterfront Home for Sale in Ocean Ridge, Florida

August 30, 2017

Nicholas Malinosky and Randy Ely just listed a luxury waterfront home for sale located at 124 Marlin Drive in Ocean Ridge, Florida. This custom built residence hit the market on August 28, 2017 with a list price of $3.25 million. The property is featured on Beaches Multiple Listing Service (MLS), randyandnick.com, Elliman.com, KnightFrank.com, Zillow, Trulia and Realtor.com.

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Custom Built Home with 100 Feet of Waterfrontage, Dock & Pool

Custom built in 2014, this remarkable waterfront estate is in brand new condition. Offering modern amenities in a casual yet elegant beach house setting, this two story Bermuda style estate easily invites the outdoors in with numerous sliding glass doors, rows of windows, vaulted ceilings and a balcony all overlooking the stunning pool area and 100 feet of direct waterfrontage complete with private dock. Entryway is enhanced by the split level staircase and incredible vistas seen just beyond the living and dining areas. Gourmet kitchen has clean lines, marble accents, island with breakfast bar and cypress vaulted ceiling all opening to the family room with sliders providing a view of the pool. Ground floor master suite has tray ceilings, private covered patio, his-and-her closets, and master bath. Three additional guest bedrooms upstairs and a spacious balcony providing endless views of the pool and waterway beyond. Turkish and Italian tiles, hardwood floors, vaulted ceilings, crown molding, and custom built-ins throughout.

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A Boater’s Paradise with New Concrete Dock and Boat Lift

Outdoor living is a breeze with the covered loggia, endless patios and brand new dock. The salt-water pool is heated and complete with spa. Boaters will be delighted by the brand new concrete dock complete with a lighting system, water, electric and a brand new boat lift on remote and the Atlantic Ocean just minutes away via the Boynton Beach inlet. Other features include ground floor office, full laundry room, two-car garage, full-house gate for privacy, propane tank, impact glass windows and doors, sound system, security cameras, and full alarm system. This Ocean Ridge waterfront estate is the perfect beach house offering a casual elegance and 100 feet of direct waterfrontage with many upgrades too numerous to list. Come live the luxury lifestyle today in this fabulous waterfront estate. See Property Details

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Stunning Sunset Views at 124 Marlin Drive

Ready to schedule a tour of this home and make an offer? Contact exclusive listing agents, Nicholas Malinosky and Randy Ely to discuss this incredible waterfront opportunity.

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Best Waterfront Value in Gulf Stream, FL Listed by Randy & Nick

August 29, 2017

Best Value on the Water. Randy & Nick just listed 3232 Polo Drive in Gulf Stream, Florida for $5.95 million making it the best value on the water. The waterfront home was listed as ‘œNew’ in the Beaches Multiple Listing Service (MLS) on August 28, 2017 and is also listed on randyandnick.com, Elliman.com, KnightFrank.com, Zillow, Trulia and Realtor.com.

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Luxury Residence with 150 Feet of Waterfrontage and Dock

Situated on an expansive lot with 150 feet of waterfrontage, 3232 Polo Drive is the consummate luxury residence. Built in 2008, this impeccable residence is in immaculate, like-new condition and features some of the finest mill work, craftsmanship and finishes the industries has to offer. Graced with exceptional curb appeal, the home is poised to please with manicured grounds, stunning double door entry, decorative circular drive and separate side driveway leading to the three-car garage. The foyer entry provides the first glimpse of the custom millwork, tumbled Jerusalem marble floors, expansive grounds and waterway just beyond. The property was created with an open floor plan and is designed to invite the outdoors in via Nano-Walls throughout.

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Fabulous Living Room with Fireplace & Phenomenal Water Views

The spacious living room has a coffered ceilings, fireplace, wet bar and stunning water views. The living room flows effortlessly to the dining area and gourmet kitchen complete with Matrix granite countertops; custom cabinetry with lots of storage; state-of-the-art appliances including Sub-Zero refrigerator and freezer drawers; large snack bar and island with sink. The study has custom shelving, an impressive fireplace and hardwood floors.

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Study with Fireplace & Hardwood Floors

The first floor master suite opens to the covered loggia and has a spacious master bathroom with soaking tub, glass shower and walk-in closet. There is an additional first floor guest bedroom with full bathroom and walk-in closet. The breathtaking rotunda and sweeping spiral staircase are located off the entry foyer along with the elevator. Impressive water views provide the perfect backdrop for the spacious second floor master suite with soaring bamboo ceiling, private balcony and his-and-her separate master bathrooms. Her bathroom is complete with a large walk-in closet with custom shelving, soaking tub and glass walk-in shower. His bathroom features a glass walk-in shower and walk-in closet. The Nano-wall in the bedroom and doorways in each of the bathrooms open to the private balcony with cypress ceilings for enjoying gentle breezes and gorgeous sunsets. There is an additional second floor guest bedroom with full bath. The private guest suite is located above the garage and accessed via a separate stairway off the kitchen. The open space has ample room for bed and sitting area with a small kitchen, full bath and closet.

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Two Master Suites & Private Guest Suite

The expansive and private grounds are beautifully landscaped creating the perfect oasis. The covered loggia and dining pavilion have electric screens for entertaining and enjoying tranquil water views of Polo Cove, the Intracoastal Waterway and picturesque sunsets. The custom heated pool with spa is surrounded by an open terrace for lounging with an outdoor shower for convenience. The lush, green lawn rolls gently down to the 150 feet of protected waterfrontage and deep-water dock with electric and water. Yachtsmen will appreciate boating along the Intracoastal Waterway and heading out to the high seas via the nearby inlet.

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Custom Pool with Spa & Landscaped Grounds

The spacious laundry room has a full-size washer and dryer and lots of cabinets for storage. The three-car garage, side driveway and front circular drive provide ample parking for residents and guests alike. Luxury amenities include full-house generator, impact glass windows and doors, elevator and surround sound throughout. Additional features include tumbled Jerusalem marble and hardwood floors, electric screens for outdoor dining, cypress ceilings, outdoor shower and manicured landscape with private walk-ways. Absolutely spectacular from start to finish, 3232 Polo Drive in Gulf Stream, Florida is the perfect beach area estate for living the luxury lifestyle. See Property Details

Ready to schedule a tour of this home and make an offer? Contact exclusive listing agents, Nicholas Malinosky and Randy Ely to discuss this incredible waterfront opportunity.

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Four Waterfront Homes Totaling $16.45M Hit South Florida Market

August 28, 2017

Four waterfront homes totaling $16.45M just hit the South Florida market. The four hottest homes to hit the Palm Beach County luxury real estate market this week are located in Gulf Stream, Ocean Ridge and Manalapan. Exclusively listed by Douglas Elliman, all four properties are waterfront estates boasting exceptional water views and custom finishes. Whether you are searching for a property that is perfect for entertaining, relaxing or boating, these homes are sure to satisfy your wishes.

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3232 Polo Drive, Gulf Stream, Florida Listed at $5.95M

Looking for the best waterfront value in the beach area? Look no further than this expansive lot with 150 feet of deep water dockage. Located in the heart of Gulf Stream is Polo Cove, one of Palm Beach County’s most exclusive and sought-after waterfront locations. The five-bedroom, 7,486 square-foot home is in immaculate, like-new condition and has some of the finest custom mill work, craftsmanship and finishes the industry offers. Nano-walls throughout the home invite the outdoors in and provide picturesque views of the waterway along with lush tropical landscaping providing extreme privacy. See Property Details

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50 Spoonbill Road, Manalapan, Florida Listed at $3.875M

A private oasis with 100+ feet of waterfrontage & spectacular sunsets awaits in the exclusive waterfront Town of Manalapan. Enjoy modern luxury in this six-bedroom sanctuary with two master suites and VIP suite. This estate is beautifully enhanced with hardwood & terrazzo floors, Farrow & Ball wallpaper, Dornbracht & Kallista hardware, Ann Sacks tiles, rare imported marbles and custom Poliform closets. Looking for an added bonus? Complimentary membership to LaCoquille Club at the celebrated Eau Palm Beach Resort & Spa, formerly the Ritz Carlton Palm Beach. See Property Details

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13 Ocean Harbour Circle, Ocean Ridge, Florida Listed at $3.375M

A fabulous seaside Escape can be enjoyed at this stunning waterfront home located in the seaside Town of Ocean Ridge, Florida. One block from the beach and nestled in Ocean Harbour Estates, a gated and private enclave of 15 luxurious custom waterfront homes. Bathed in natural light with picturesque water views, the exquisite residence boasts 7,000+ total square feet, four bedrooms plus office, lavish amenities and custom finishes. Boaters will appreciate the 87 feet of waterfrontage with 75+ foot private dock and ocean access via the nearby inlet. See Property Details

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124 Marlin Drive, Ocean Ridge, Florida Listed at $3.25M

The perfect luxury beach house reflecting a casual elegance is in the seaside Town of Ocean Ridge. Boaters & anglers alike will appreciate the 100′ of waterfrontage, brand new concrete dock with boat lift and ocean access minutes away. With 5,600+ total square feet, the generous floor plan invites the outdoors in with glass sliders opening to the covered loggia and expansive patio complete with pool & spa. This four-bedroom luxury home is the quintessential beach house for enjoying sun and fun in a private setting. See Property Details

Interested in learning more about the newest million-dollar listings? Contact exclusive listing agents, Nicholas Malinosky and Randy Ely; your South Florida Luxury Real Estate Specialists. Check out Randy & Nick’s Exclusive Listing Inventory and start enjoying the South Florida luxury lifestyle!

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Douglas Elliman to be Title Sponsor of Grand Prix Qualifier at the Hampton Classic Horse Show

August 26, 2017

Douglas Elliman will be the title sponsor of the $86,000 Grand Prix Qualifier at the Hampton Classic Horse Show on September 1, 2017. An official sponsor of the event since 1996, Douglas Elliman is proud to celebrate its 21-year affiliation with the Hampton Classic Horse Show. See sponsorship details

Douglas Elliman chairman, Howard M. Lorber explained, ‘œSponsoring the Hampton Classic each year is an important way to connect with our key clients who convene in the Hamptons from all over the country and abroad. As always, Douglas Elliman is committed to the equestrian communities in the markets we serve, and partnering with the Hampton Classic is always a highlight.’

For the first time, Douglas Elliman will have a shop in the Boutique Garden alongside luxury vendors like Hermès and Land Rover. The pop-up shop will ‘œshowcase the brands’ most prestigious properties’”both new developments and luxury resales. Each top market, from New York City to the Hamptons, Westchester and Connecticut, South Florida, Aspen and California will be displayed.’

Held in Bridgehampton, NY, the Hampton Classic Horse Show runs from August 27 to September 3, 2017. It is one of the largest horse shows in the country hosting more than 100 classes of competition for horses and riders. See Schedule Details

With approximately 110 offices in the United States, Douglas Elliman is proud to sponsor prestigious events in the cities where they represent the luxury real estate market; and South Florida is no exception. Douglas Elliman is a sponsor at events like The Winter Equestrian Festival in Wellington, Art Basel Miami and The Fort Lauderdale International Boat Show to name a few.

Contact Nicholas Malinosky and Randy Ely with Douglas Elliman Delray Beach to discuss all the exciting opportunities ‘“ both real estate and upcoming events.

Photo: Liz Soroko Photos/HamptonClassic.com

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Top 6 Acai Bowls in Palm Beach County

August 25, 2017

Looking for South Florida’s best acai bowl? Whether you’re looking for acai, cold pressed juice, fresh smoothies, kale salads, or other organic meals we have you covered with the top six acai bowls in Palm Beach County! From Boca Raton, Delray Beach, Ocean Ridge, Boynton Beach and West Palm Beach these spots are sure to satisfy your healthy cravings!

Field of Greens – 412 N Clematis Street, West Palm Beach
All about healthy & fresh food with lots of organic, vegan, gluten free, dairy free, and vegetarian options, Field of Greens is always a great choice. Open for breakfast and lunch, their smoothies, juices, soups, salads, wraps, sandwiches, wheatgrass shots, protein shakes and of course acai bowls are the absolute best! Our top picks? The kale caesar salad & country chicken club. Be on the lookup for their daily specials including meatless Mondays, Taco Tuesdays, Poke Wednesdays, and more. Check out their location in Wellington too!

Juice Buzz ‘“ 6 NE 5th Ave, Delray Beach
Delray’s first dedicated juice bar and smoothie bar! If you’re thirsty for something healthy and organic, Juice Buzz is your spot! They have you covered with organic cold pressed juices, smoothies, acai bowls, or health shots. Also offering juice cleanse programs, make sure to stop by next time you’re downtown on Atlantic Avenue!

Raw Juce ‘“ 2200 Glades Rd, Boca Raton
‘œDeliciously Organic, Proudly Local, Easily Entertained’. We are patiently waiting for a Delray Beach location as Raw Juice currently operates in Boca Raton, Palm Beach Gardens, Weston, Coconut Creek, Miami Beach, Aventura, Coral Gables, and Miami. Serving delicious juices, shots, smoothies, acai bowls, oatmeal, salads, and treats. Several of their juices have added probiotics and their items are raw, Certified USDA Organic and do not contain any lactose, soy or gluten.

PurBar ‘“ 45 NE 2nd Ave, Delray Beach
This is a top choice’”not just for their delicious acai bowls, but also for their entire lunch menu! Pur Life’s PurBar takes the make your own salad concept to a new level! Kale salads, wraps, smoothies, ginger shots, and the best ahi tuna poke bowl in town’”you are sure to find your favorite health food option here!

Bailey’s Blendz ‘“ 640 E Ocean Ave, Boynton Beach
Ranked #1 on Yelp, Bailey’s Blendz is located just across the bridge from Ocean Ridge & Gulf Stream in Ocean Plaza. Serving up organic, locally roasted coffee, artisanal smoothies, cold pressed juices and specializing in organic Acai and Pitaya (Dragon Fruit) sorbet bowls this spot has something for everyone!

Nomad Surf Shack
Beach Area Locals will be excited for the newest spot in town: Nomad Surf Shack’s Juice & Coffee Bar Truck’”also known as the surf shack on wheels. Selling clean options such as green juices, kombucha, smoothies, acai bowls, avocado toast and other post-surf snacks from their stationary food truck, this will be the most convenient option for those living in the beach area as it is right on A1A.

Photo: The Nomad Bowl | Photo by Emily Creighton

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What Does a Villa Built for a Dubai Royal Look Like?

August 23, 2017

Take a look inside this 46,000 square foot luxury villa complete with luxury amenities including 11 bedrooms, 15 bathrooms, indoor and outdoor pools, a 16-seat movie theater, breathtaking views of the best stretch of beachfront available for a private residence in Dubai, and a nightclub with room for 200 guests. According to Mansion Global, ‘The villa also comes with a very rare asset in this part of the world’ approval to put in a mooring for a boat, something that is not usually permitted in Dubai’.

The neighborhood is full of high-end establishments such as Nobu and Locatelli located in the Atlantis hotel, a W Hotel coming soon, and a $4.5 million square foot shopping mall currently under construction that will feature five stories of luxury shopping and rooftop restaurants.

It may be not a surprise that the Dubai Royal family never lived in the home, but used it for guests and entertaining. Built in 2007, the villa is built more like a hotel than a private residence with specific service entrances and complete maid quarters for 10 staff members. The villa is currently on the market for $200 million (AE Dollar) / $54.5 million (US Dollar). See Mansion Global article

Looking to buy or sell a property fit for a royal? Douglas Elliman Delray Beach Executive Directors of Luxury Sales, Nicholas Malinosky and Randy Ely can assist you with your real estate goals. With several record-breaking sales to their credit, Nick and Randy know the intricacies of marketing and selling South Florida properties that are “fit for a king”. Together, these two industry leaders are Redefining Luxury Real Estate. Please feel free to contact Nick Malinosky and Randy Ely to discuss the current luxury market.

Photo: Mansion Global

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Greystone Court Castle Just Outside New York City is for Sale

August 21, 2017

Greystone Court Castle is unique fortress located just 20 minutes from New York City; and it’s for sale. With sprawling views of the Hudson River and lush countryside, the majestic castle is a rare find indeed. Zillow reporter, Lindsay Cohen recently spent two days at the castle and shared the experience with Zillow Porchlight.

Kohle Yohannan has owned Greystone Court since 2001 and has lovingly restored the castle to its current splendor. Built over 150 years ago, the stately residence features 28 rooms with some imported directly from Europe during the 1800’s. Other stunning features include Tiffany windows, a 17th-century ceiling, hand-carved woodwork, a Turkish Room with upholstered walls, a spacious ballroom, and observatory overlooking the Hudson River. When asked about the renovation, Yohannan remarked, ‘œIt needed some love,’ he says, nonchalantly, of the house. ‘œBut there was always a sense that it was important work. It was worth the sacrifice. Hundreds of thousands of hours went into creating this: the carvings, the people who danced and cried and wept underneath these ceilings. The human patina is in this building.’

The castle has been featured in several movies, TV shows, photo shoots and even a music video. According to the article, Prince once considered purchasing the property.

With six bedrooms, seven bathrooms, 11 fireplaces and 13,500 square feet, the residence is currently on the market for $3.495 million. Douglas Elliman agent Terhi Edwards says it’s a bargain and thinks the next owner could use the property as an art gallery, a music studio or maybe even a unique concert hall. ‘œI think the business part is great ‘” and also the history, what this whole place is. I sometimes think of people who lived here. It’s an amazing place.’ See Zillow Feature

What more information about this exciting opportunity to own a castle? Contact Douglas Elliman agents
Nicholas Malinosky and Randy Ely for more details about the luxury real estate market.

Douglas Elliman agents enjoy a valuable networking channel that spans the nation and beyond with 7,000 agents in approximately 110 offices in Manhattan, the Hamptons, Greenwich, Miami, Palm Beach, Aspen and Beverly Hills to name a few. Contact Nicholas Malinosky and Randy Ely to discuss your real estate goals.

Photo: Zillow

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$350 Million Megamansion Is Most Expensive Listing in U.S.

August 17, 2017

A Bel Air home was just listed for $350 million making it the most expensive listing in the U.S. According to Global Mansion, Chartwell, a 1930’s chateau that belongs the family of the late billionaire Jerry Perenchio, went on the market August 7 as the highest price listing in the nation.

Other nine-digit listings include Opus, a Beverly Hills spec home listed for $100 million. The developer, Nile Niami plans to unveil another megamansion next year that will be listed at $500 million. Formula One heiress Petra Stunt is selling her home in Holmby Hills for $200 millio and the Playboy mansion sold for $100 million last year.

How do the select few luxury listing agents with homes in this price range market the one-of-a-kind mansions and find a billionaire buyer? Douglas Elliman CEO, Scott Durkin who is quite comfortable around major luxury sales was asked about selling megamansions. Durkin commented, ‘œThe marketing of a home of that price range requires you to completely wipe your board clean. Getting the home the most exposure you possibly can and targeting the audience, that’s really the goal. Once you’re north of nine digits, you can’t just wait for the phone to ring.’ Douglas Elliman brokered the most expensive Manhattan penthouse last year for $87.7 million as well as other nine-figure listings in New York City and the Hamptons.

Los Angeles’ finest luxury brokers share their marketing strategies and success stories in the Global Mansion article. See full article

Douglas Elliman Delray Beach Executive Directors of Luxury Sales, Randy Ely and Nicholas Malinosky are quite familiar with marketing and selling opulent oceanfront mansions in South Florida. With over 40 years combined experience and a sole focus on the beach area, Nick and Randy know that luxury oceanfront estates require a unique and thorough marketing strategy.

Randy & Nick are the exclusive listing agents for the most expensive listing to ever hit the Ocean Ridge luxury market. Check out this oceanfront mansion which is slated for completion this fall:
6161 North Ocean Boulevard, Ocean Ridge listed at $24.95 million See details

Please contact Nick Malinosky and Randy Ely for more details about this oceanfront mansion or to discuss the current luxury market.

Photo: Mansion Global

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Knight Frank Reports on Luxury Real Estate Around the Globe

August 15, 2017

According to a Knight Frank, luxury residential real estate prices are on the rise in cities around the globe including Madrid, Berlin, Paris and Dublin. On the other hand, prices in China’s top cities declined. Knight Frank’s 2017 second quarter report tracks 41 cities worldwide.

According to Mansion Global, ‘œThe Knight Frank Prime Global Cities Index, which tracks luxury residential markets’”defined as the top 5% the housing market in each city’”rose 4.4% year-over-year by the end of June.’

European cities have seen a resurge in luxury residential prices. According to the Knight Frank report, ‘œFears surrounding the upcoming Brexit have, in part, led to a recognition of Europe’s comparatively affordable luxury markets’.

Other key facts:
San Francisco had the highest price growth among the four tracked US cities
Guangzhou leads the ranking with an annual growth of 35.6% in luxury real estate prices
Luxury prices in Hong Kong rose 36.2%
See Global Mansion article

Would you like to discuss South Florida’s luxury real estate market? Contact Nicholas Malinosky and Randy Ely with Douglas Elliman to discuss the current real estate market beach area.

Photo: Mansion Global/Nisa Maier/Getty Images