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$16.5M Record Sale in Gulf Stream

Nicholas Malinosky and Randy Ely of Douglas Elliman just set another record in the South Florida coastal market. According to, the waterfront estate located at 1200 North Ocean Boulevard in Gulf Stream, Florida just sold for $16.5M setting a record for a non-oceanfront residential sale. Known as Lemon Hill, Marion Sims Wyeth originally designed […]

Affordability Is a Function of Beach Proximity

Nicholas Malinosky of Douglas Elliman was featured in Hamptons Real Estate Showcase regarding the current real estate market. With almost 20 years marketing and selling South Florida’s luxury coastline, Malinosky is a reliable source for market trends. Read the full quote in Hamptons Real Estate Showcase

Randy Ely and Nicholas Malinosky List Iconic Lemon Hill

Once again, Randy Ely and Nicholas Malinosky are the exclusive listing agents for one of Gulf Stream’s iconic properties known as “Lemon Hill“. Built in 1939 and designed by society architect Marion Sims Wyeth, the Georgian manor offers a timeless elegance with over 9,300 total square feet and seven total bedrooms. The private Gulf Stream compound […]

Douglas Elliman Tops $51 Billion in 2021 Sales

Douglas Elliman announces the 2022 Ellie Awards this week featuring the company’s top teams and agents. Following the 2021 record-setting year, a few select teams and agents will be receiving top honors for their accomplishments. Howard M. Lorber, executive chairman of Douglas Elliman Realty considered 2021 to be a monumental year. With nationwide sales volume […]

Soaring Home Prices Along the Coast

The average home prices of homes along the coast of  South Florida have increased significantly during this unprecedented wave of sales. The Town of Manalapan has experiences a fourfold increase in two years with average sales rising from $5 million in 2019 to $22.4 million in 2021. Big ticket home sales also reached new levels. […]

Why Northerners Are Drawn to Florida

Apparently buyers from New York and Jew Jersey are flocking to buy properties in Florida. National Realty Investment Advisors (NRIA) has several projects in South Florida that are attracting northern buyers. According to Douglas Elliman luxury real estate agent, Nicholas Malinosky, the ability to work from anywhere is a big part of the southern migration. […]

Hot Market Creates Florida Migration Amidst Post-Covid

According to luxury real estate developer National Realty Investment Advisors (NRIA), Florida’s real estate market continues to expand. Nicholas Malinosky with Douglas Elliman is the exclusive listing agent for NRIA’s Gulf Stream Views; a private enclave of 14 luxury townhouses in Boynton Beach with ocean views. Malinosky expressed that Florida is an outside state where […]

Second Home Market Grows

A real estate development firm is seeing the market for second homes explode. National Realty Investment Advisors (NRIA), a leading developer of luxury real estate on the East Coast, sees additional housing opportunities in South Florida and Lee County. NRIA is working on projects in Boynton Beach and Fort Myers. Nicholas Malinosky with Douglas Elliman […]

Delray Estate Section Oceanfront Residence Brings $18 Million

Another Delray Beach oceanfront property just changed hands. The property at 1171 South Ocean Boulevard in Delray Beach sold for $18 million. Located in the coveted Delray Beach Estate Section, the oceanfront property offers 100 feet of direct ocean frontage and over 700 feet from the water to the road. Nicholas Malinosky of Douglas Elliman […]

Delray Oceanfront Mansion Sells for $34M

The property located at 855 South Ocean Boulevard in Delray Beach just changed hands for $35 million. Situated on 1.3 acres, the five bedroom residence was built in 2008 and last sold for $17 million in 2013. Nicholas Malinosky with Douglas Elliman listed the property for $35M and represented both the Seller and the Buyer. […]