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Gulf Stream Waterfront Compound Just Reduced to $7.995 Million by Douglas Elliman Agent Nick Malinosky

January 19, 2018

The unique waterfront compound located at 1200 North Ocean Boulevard in Gulf Stream, Florida was just reduced to $7.995 million by Nicholas Malinosky of Douglas Elliman. The property has been reduced $1 million from the previous list price of $8.995M making it an incredible value for the size of the parcel, waterfrontage and architectural significance.

Designed by society architect Marion Sims Wyeth, Lemon Hill was built in 1939 and proudly takes its place among other Wyeth masterpieces, including Mar-A- Lago in Palm Beach, Shangri La in Honolulu and the Florida Governor’s Mansion in Tallahassee. The secluded and expansive parcel is perfectly nestled beside a 3.5 acre protected nature preserve and at the end of a quiet canal just off the Intracoastal Waterway. With 65 feet of water frontage and easy access to the ocean via nearby inlets to the north and south of the property, Lemon Hill is a boater’s dream.

Situated on 2.63 acres, the private compound has a main entrance, circular drive and service entrance. The property includes the main house, pool house and caretaker’s house for a total of seven bedrooms, eight full baths and three half baths. The Georgian manor offers a foyer with main curved staircase, spacious living room with fireplace and original wood parquet floors, formal dining room, library with full bar, large kitchen with breakfast room, master wing with his-and-her dressing suites, three additional en suite bedrooms in the main house, pool house with full bedroom and two additional bedrooms in the caretaker’s house. There is a two-car garage and additional out building with half-bath perfect for a workshop or gardening house.

The historical value and aesthetic presence of this waterfront Marion Sims Wyeth residence is beautifully enhanced by the uncompromising and unrivaled 2.63 acre land parcel east of the Intracoastal Waterway. Situated atop a coral ridge, Lemon Hill enjoys a unique high elevation. Stunning sunset vistas over the lush property and down the hill to the water are a stand-out. Privacy and security is furthered by an alarm system and automatic back-up generator as well as automatic and accordion hurricane shutters.

The current owners have honored this Wyeth masterpiece by lovingly and meticulously maintaining all aspects of the residence for two decades. Two of South Florida’s rarest commodities combine to create this unrivaled real estate opportunity: A Wyeth-designed home located on an unparalleled parcel of land in the town of Gulf Stream. This is truly a ‘œonce-in-a-lifetime’ property. See Property Details

This Gulf Stream compound is exclusively listed by Nicholas Malinosky of Douglas Elliman Delray Beach. Please contact Nick to arrange a showing or to place an offer.

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Tomas Maier Sells One of His Florida Homes for $9.5 Million

Sadly for anyone hoping to take a peek into the no doubt stylish interiors of the home, there are no available listing images, but we’re told that it has been kitted in cypress paneling and terra-cotta tiles.

That house, which is about 20 miles south of Palm Beach, set them back $7.3 million in 2006, but while they made a profit, the final sale price is still less than the $10.95 million they were seeking.

Douglas Elliman’s Nicholas Malinosky and Randy Ely represented Maier and Preston. A spokesperson for Maier declined to comment on the sale.

Read the full story on WWD

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Delray Beach Cottage Just One Block from Ocean Reduced to $1.425 Million

January 11, 2018

The Randy & Nick Team just reduced the price of 218 Andrews Avenue, Delray Beach to $1.425 million. This popular property won’t last long at this price!

This charming beach cottage is located just one block from the Atlantic Ocean and East Atlantic Avenue making it the best kept secret in Delray Beach. Completely renovated in 2013, the property combines the timeless essence of a 1940’s cottage with modern amenities to create the perfect place to call home. Features include three bedrooms, hardwood and tile floors, pool, outdoor living area with bar, one-car garage, generator and private yard with fence. The coastal colors and beachy décor set a tranquil tone for both entertaining and relaxing with Delray Beach’s best boutiques and eateries just down the street. The beach house offers the ultimate opportunity for year-round living, a seasonal retreat or rental potential. Come enjoy South Florida living in this quintessential beach cottage! See Property Details

Ready to place an offer on this Delray Beach cottage? Contact Nicholas Malinosky and Randy Ely of Douglas Elliman Delray Beach today.

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Douglas Elliman Title Sponsor of 2018 Wellington Equestrian Festival Opening January 10

January 9, 2018

For the third consecutive year, Douglas Elliman is the title sponsor and exclusive real estate agency partner at Wellington Equestrian Festival (WEF). The twelve-week show opens January 10 and runs through April 1 with each week considered its own show starting on Wednesday and concluding the following Sunday. With riders from more than 40 countries and over 250,000 spectators, WEF is the largest and longest-running circuit in horse sport. See Details in EllimanInsider

Douglas Elliman is pleased to be a Title Week sponsor on March 5 ‘“ 11 with The Douglas Elliman Grand Prix taking place the evening of March 10. In addition, Douglas Elliman will be sponsoring the $35,000 Douglas Elliman 1.45m Jumper Classic held every Wednesday morning. Be sure to stop by Douglas Elliman’s lounge at the Wellington Winter Equestrian Festival for more details about the schedule or to search for an equestrian property.

Nicholas Malinosky and Randy Ely of Douglas Elliman Delray Beach have seen a growing trend in Wellington’s equestrian property owners purchasing a second home in the beach area in order to enjoy the best of both worlds: Riding in Wellington and Relaxing at the Beach! Thinking about purchasing a luxury beach area residence? Check out a few of Randy & Nick’s Exclusive Listings.
6161 North Ocean Boulevard, Ocean Ridge; a brand new oceanfront home listed for $24,950,000
3545 North Ocean Boulevard, Gulf Stream; an oceanfront compound just reduced to $14,950,000
1033 Waterway Lane, Delray Beach; resort-style estate with 158′ waterfrontage listed at $11,990,000
1200 North Ocean Boulevard, Gulf Stream; a Wyeth original waterfront compound listed for $8,995,000
50 Spoonbill Road, Manalapan; a fully renovated six bedroom waterfront home listed for $3,875,000
13 Ocean Harbour Circle, Ocean Ridge; waterfront home in gated enclave listed for $3,375,000
3011 Polo Drive, Gulf Stream; a seaside pool home just reduced to $1,995,000
218 Andrews Avenue, Delray Beach; completely renovated beach cottage listed for $1,595,000

Ready to schedule a showing or make an offer? Please contact Randy & Nick to start the conversation.

Photo: EllimanInsider.com

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Tomas Maier Sells Oceanfront Gulf Stream Home

Fashion designer Tomas Maier and his husband Andrew Preston just sold their oceanfront Gulf Stream home for $9.5 million, property records show.

David J. McCabe, acting as trustee of The East Bluff Trust, paid $1,515 per square foot for the 6,270-square-foot home at 3377 North Ocean Boulevard. Built in 1980, the two-story house features a pool and 100 feet of ocean frontage, records show.

Douglas Elliman’s Nicholas Malinosky and Randy Ely represented the sellers. Broker Jeremy Olsher of Mizner Residential Realty LLC brought the buyer. The home hit the market in November for $10.95 million, meaning it sold at a 13 percent discount off its original asking price.

Read full story on The Real Deal

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Luxury Real Estate News: South Florida Beach Area Pool Home Just Reduced $300K

January 8, 2018

Luxury Real Estate News Just In: A South Florida beach area pool home was just reduced $300K by Nicholas Malinosky of Douglas Elliman. The four bedroom residence located at 3011 Polo Drive in Gulf Stream, Florida is now listed for sale at $1.995 Million representing great value in the beach area.

Tucked away in the heart of Gulf Stream, 3011 Polo Drive is sure to please with sensational curb appeal and spacious backyard complete with new pool and pool house. The home is situated on an expansive parcel and features a great floor plan for both festive gatherings and quiet moments. The living areas offer stunning views of the grounds and easy access to the pool and backyard via French doors. The master wing has sliders to the covered patio, a master bath with dressing area and roomy sitting area that could serve as a private office. There are two guest bedrooms in the main house and a pool house with full cabana bath that could easily serve as a one bedroom guest house. Just north of Delray Beach, two blocks from Gulf Stream School and the ocean, this is the perfect seaside home. See Property Details

Ready to make an offer? Want to schedule a showing? Contact Nick Malinosky of Douglas Elliman for more details.

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Randy Ely and Nicholas Malinosky Sold Another Gulf Stream Oceanfront Home in 16 Days

January 5, 2018

Randy Ely and Nicholas Malinosky just sold the oceanfront residence located at 3377 North Ocean Boulevard in Gulf Stream, Florida. Exclusively listed by a Randy & Nick for $10.95 Million, the oceanfront property was put under contract in just 16 days with a sales date of January 5, 2018.

Situated on over one acre with 100 feet of oceanfrontage and 145 feet on A1A, this seaside residence offer tranquil ocean views and a Zen-like garden, entry courtyard with picturesque pool and terraces. Featuring cypress paneling and terracotta tile, the home has an open and flexible floor plan. The possibilities and ocean views are endless. See Property Details

Interested in the oceanfront real estate market? Check out a few of Randy & Nick’s other exclusive oceanfront listings:
6161 North Ocean Boulevard, Ocean Ridge: Brand new and listed for $24.95M
3545 North Ocean Boulevard, Gulf Stream: 230′ of direct oceanfrontage just reduced to $14.95M

Ready to start the search? Contact Randy & Nick with Douglas Elliman to schedule a showing or to make an offer.

Blog, News Press

Gulf Stream Oceanfront Compound Reduced to $14.95 Million by Randy & Nick

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.

This oceanfront compound is exclusively listed by Randy Ely and Nicholas Malinosky of Douglas Elliman Delray Beach. Please contact them to make an offer or schedule a private tour.

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Nicholas Malinosky Sold Another Delray Beach Seaside Residence in 10 Days

December 29, 2017

Nicholas Malinosky of Douglas Elliman just sold another Delray Beach seaside residence in 10 days. Under contract in just 10 days, the property was listed in Beaches Multiple Listing Service (MLS) as Sold on December 29, 2017. The completely renovated seaside residence located at 1030 South Ocean Boulevard in Delray Beach, Florida was exclusively listed by The Randy & Nick Team for $2.795 Million.

Located across the street from the ocean and multi-million dollar mansions, this sensational four bedroom home has been completely renovated from top to bottom with new kitchen, baths, roof, floors, windows, doors and more. Boasting fabulous views of the pool and grounds, the interior features clean lines and an open floor plan that flows effortlessly from room to room. Entertaining is a breeze with sliders that open to the pool with spa, manicured lawn and covered loggia complete with remote controlled screen. The expansive parcel offers plenty of green spaces and ample parking including a decorative circle drive. See Property Details

Ready to buy a beach area home? Looking to sell your luxury home? Contact Nick Malinosky today.

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Gulf Stream Seaside Estate Sold by Randy & Nick in Record Time

December 28, 2017

Randy Ely and Nicholas Malinosky of Douglas Elliman just sold another Gulf Stream luxury home in record time. Under contract in just 21 days, the property was listed in Beaches Multiple Listing Service (MLS) as Sold on December 27, 2017. Custom built and fully furnished, the seaside estate located at 1230 North Ocean Boulevard was exclusively listed by Randy & Nick for $5.85 Million.

This stunning Gulf Stream estate is nestled in a private enclave on an expansive parcel with 300 feet of frontage, 100 feet of depth and directly across from the deeded beach access. Custom built to perfection and professionally decorated, the home includes the finest finishes the industry has to offer and is being offered furnished. Convenient A1A location provides easy access to Delray Beach’s Atlantic Avenue and a scenic drive to Palm Beach’s Worth Avenue. Privacy is abundant with no bordering homes and a security gate and concrete wall.

Boasting over 8,000 total square feet, this oceanside estate is filled with natural light and features entry foyer, formal living room, formal dining room, gourmet kitchen, master wing, second floor loft, home theatre, guest house, five total bedrooms; and six full and one-half baths. Exterior features include pool with Jacuzzi, outdoor loggia and patio, landscaped grounds with waterfall. Smart home technology, full house generator, security system three car garage and more. Built, designed and decorated to perfection, this oceanside estate represents the very finest in luxury living. It is a true masterpiece beyond compare. Please see Property Details .

If you would like to discuss the current Luxury Real Estate Market, please contact Randy & Nick to start the conversation.