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America’s Happiest Seaside Towns

America’s Happiest Seaside Towns

February 18, 2015

It’s been a big week for Delray Beach.Earlier this week, Thrillist chose it as having one of the top-10 most-popular beaches in Florida.Today, it’s simply one of the happiest places to live.Delray Beach is one of America’s Happiest Seaside Towns, according to Coastal Living magazine, a Time, Inc., publication. The magazine whittled down its list to 10 coastal cities ‘” only one other of which (Venice) is in Florida ‘” and asks readers to vote online for their favorite. Voting ends March 31. Read More

Whitewashed Manalapan mansion fetches $10M

Whitewashed Manalapan mansion fetches $10M

January 07, 2015

An ocean to Intracoastal estate in posh Manalapan sold for $10 million this month, more than $1 million less than its asking price.The 11,000-square-foot home at 1420 S Ocean Boulevard is decorated in all white hues, from white carpeting and white wood floors to white furnishings and drapes.The buyer is an LLC controlled by Steven and Mindy Baronoff. Steven Baronoff is chairman of global mergers and acquisitions for Bank of America Merrill Lynch, brokering deals such as Proctor & Gamble’s acquisition of Gillette.

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Manalapan: $25.5 million estate sale shows luxury homes still selling well

Manalapan: $25.5 million estate sale shows luxury homes still selling well

November 05, 2014

The real estate market for private homes might be in trouble elsewhere, but not in Manalapan. In September, an ocean-to-Intracoastal Waterway Mediterranean-style home and guesthouse at 820 S. Ocean Blvd. sold for a record-breaking $25.5 million. Read More

Randy & Nick Expand Their Global Reach

Randy & Nick Expand Their Global Reach

October 30, 2014

The Team continues to evolve using integrated marketing and technology.

Randy Ely & Nicholas Malinosky of The Douglas Elliman Real Estate have launched a new integrated marketing program to expand their global outreach. Randy & Nick, the #1 Luxury Real Estate Team in the Beach Area, combine over 30 years of experience with the latest technology in order to create the most effective custom marketing plans for every home they represent.

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South Florida Celebrity Home Deals

South Florida Celebrity Home Deals

October 16, 2014

South Florida is often called a “playground for the rich and famous,” due to our year-round sunshine, posh nightlife and lavish homes that attract the wealthy and successful.And that comes as no surprise to the region’s realtors specializing in luxury home sales, who record their fare share of high-end home deals involving celebrities.  Nary a week goes by that a celebrity – be it a sports star or an entertainer – is in the news for inking a whopping home sale or purchase in the seven-digit-plus range.- See More

Market values for Palm Beach houses recall 2008 levels

‘Market values’ for Palm Beach houses recall 2008 levels

October 10, 2014

The headline came courtesy of guest speaker Dorothy Jacks, chief deputy property appraiser at the Palm Beach County Property Appraiser’s office.  By and large, her office’s latest estimated “market values” for single-family properties in Palm Beach have returned to pre-recession levels, Jacks said. Cue the applause. According to the numbers prepared for the new tax rolls, the assigned values for houses and single-family residential properties on the island are estimated to total $11.1 billion.  That number contrasts to the $11.3 billion recorded Jan 1, 2008 – 11 months before the recession arrived in Palm Beach. – See more

Another Record Breaking Oceanfront Real Estate Transaction!

Another Record Breaking Oceanfront Real Estate Transaction!

September 26, 2014

We’re excited to share our recent success with the listing and sale of 705 S. Ocean Blvd, a 1.2-acre Delray Beach Florida oceanfront land parcel for a record breaking $10.8 million, setting a new record for highest dollar amount for oceanfront land in Delray beach within the last 5 years. Within the past 3 years, our team has also sold the last 4 land deals in the oceanfront estate section of Delray Beach. Take a look at our press release for more details!

Oceanfront Delray Beach land trades for $10.8M

Oceanfront Delray Beach land trades for $10.8M

September 10, 2014

An oceanfront residential parcel in Delray Beach changed hands for $10.8 million.Michael and Robin Gusky sold the 1.2-acre property at 705 South Ocean Boulevard in a transaction recorded on Tuesday, according to Palm Beach County records. The couple paid $8 million for the parcel in November 2005. The property’s zoning allows for the construction of a large single-family home.CMR Holdings is the buyer. The company is registered in Virginia but has a Greenwich, Conn. mailing address. No financing was recorded.

Highland Beach home trades for $11M

Highland Beach home trades for $11M

August 20, 2014

A Highland Beach mansion changed hands for $11 million, The Real Deal has learned.Kathleen Maldonado, acting as trustee of the NOYB Trust, sold the 2363 South Ocean Boulevard residence in a transaction recorded on Thursday, according to Palm Beach County records. The trust paid $6 million for the property in March 2002. A nearly 14,000-square-foot, six-bedroom mansion was constructed three years later.

Bendin Financial of Omaha, Neb. is the buyer. The company is registered in Delaware, which does not identify principals in its state corporate records. No financing was recorded.

The property includes a three-car garage, a swimming pool, 900-square-foot patio and direct ocean access. The Douglas Elliman Real Estate’s Nicholas Malinosky listed the mansion for sale. West Real Estate represented the buyer.

– See more at: http://therealdeal.com/miami/blog/2014/06/13/highland-beach-home-trades-for-11m/#sthash.nAIE3yMr.dpuf

A Highland Beach mansion changed hands for $11 million, The Real Deal has learned.

Kathleen Maldonado, acting as trustee of the NOYB Trust, sold the 2363 South Ocean Boulevard residence in a transaction recorded on Thursday, according to Palm Beach County records. The trust paid $6 million for the property in March 2002. A nearly 14,000-square-foot, six-bedroom mansion was constructed three years later.

Bendin Financial of Omaha, Neb. is the buyer. The company is registered in Delaware, which does not identify principals in its state corporate records. No financing was recorded.

The property includes a three-car garage, a swimming pool, 900-square-foot patio and direct ocean access. The Douglas Elliman Real Estate’s Nicholas Malinosky listed the mansion for sale. West Real Estate represented the buyer.

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(Via The Real Deal)

Miami Heat Dominates Priciest Homes List

Miami Heat Dominates Priciest Homes List

March 13, 2014

Chris Bosh and the reigning back-to-back champion Miami Heat have another reason to boast: they own four of the five most expensive homes in the entire National Basketball Association.The Heat’s ‘œBig Three’ of Bosh, LeBron James and Dwyane Wade appeared on HoopsHype’s list of the 10 priciest residences owned by NBA players, according to Bleacher Report. Bosh shows up twice, as the forward’s $12.3 million Miami Beach mansion topped the list and a $9.4 million California home he owns ranked third. During the NBA Finals last June, Bosh had to shut down rumors that he and wife Adrienne were looking to sell the 12,368-square-foot North Bay Road manse.
James and Wade occupied the fourth and fifth spots, paying $9 million and $8.9 million, respectively, for their South Florida residences.California and Florida are the two most popular states for NBA players to buy homes in, followed by Texas.

(via The Real Deal)