January 3, 2018
Randy Ely and Nicholas Malinosky just reduced their exclusive listing at 3545 North Ocean Boulevard in Gulf Stream, Florida to $14,950,000. Originally listed at $20.95 Million, this is a great value for the oceanfront compound situated on 1.96 acres with 230 feet of direct oceanfrontage.
This expansive coastal compound is nearly double the average oceanfront lot size in the area. The regal residence captures the timeless elegance of a Palm Beach estate complete with stunning ocean views, marble and hardwood floors, custom moldings and woodwork, volume ceilings and sprawling grounds. Boasting 14,000 total square feet, interior features include entry foyer; formal living and dining rooms; spacious kitchen; family room; study; media room; master wing and four additional guest rooms plus staff quarters. The meticulous landscape provides the perfect balance of privacy and unobstructed water views while providing the perfect backdrop for the seaside terraces and poolside loggia. Other features include cabana baths, putting green, three car garage, two laundry rooms, abundant storage, generator and more. Enjoy the luxury residence as it is, renovate to your specific liking, or build an opulent estate. With 230 feet of direct oceanfrontage, the possibilities are endless. Please see Property Details.