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Blog, News Press

Brand New Oceanfront Mansion Hits the Ocean Ridge Luxury Market

May 16, 2017

Nicholas Malinosky and Randy Ely just listed a brand new oceanfront mansion in Ocean Ridge. The residence located at 6161 North Ocean Boulevard, Ocean Ridge, Florida was entered in the Multiple Listing Service on May 15, 2017 with a list price of $24.95M. The new listing is also featured on RandyandNick.com, elliman.com, Zillow, Trulia and Realtor.com.

Welcome to this absolutely stunning, brand new estate on 158 feet of direct oceanfrontage. The residence promises to please and is expected to be completed this fall, just in time for season. Built by Mark Timothy Homes, designed by Affinity Architecture and decorated to perfection by Marc Michaels Interiors, this property has it all. Designed with an open concept throughout, all major rooms have stunning ocean views with pocket sliders that open to the pool, outdoor loggia, seaside terraces and cabana. Some of the exciting and luxury features include incredible wood and marble floors; an entryway water feature; club room with bar and wine room; gourmet kitchen, family room and office each overlooking the ocean; spacious en suite bedrooms; and fabulous outdoor entertaining areas. The second floor master wing offers ocean views with his-and-her baths. With plenty of green spaces, the gated compound provides se yveral areas to enjoy both the privacy and seaside location. Additional features include resort style seaside pool and spa with cabana bath and summer kitchen, north and south parking garages, balconies, elevator, fireplaces, top-of-the-line finishes and the industries finest craftsmanship. The residence is offered furnished with the exception of secondary bedrooms. This brand new oceanfront estate represents a rare opportunity in Ocean Ridge to enjoy South Florida’s Luxury Lifestyle. Please see Property Details.

This oceanfront compound is exclusively listed by Nicholas Malinosky and Randy Ely of Douglas Elliman. Please contact them if you would like more details including floor plan and survey.

As the #1 Team in the Beach Area, Randy and Nick have specialized in the oceanfront luxury market throughout their 40 combined years of experience. Contact them to discuss the current luxury real estate market.

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East Delray Beach Luxury Townhome Sold by Randy & Nick

April 28, 2017

The East Delray Beach Luxury Townhome located at 58 Seabreeze Avenue was just sold by top agents, Randy Ely and Nick Malinosky. According to Beaches Multiple Listing Service, the luxury townhouse sold on Wednesday, April 26, 2017.

Spacious and private, this amazing townhouse is located just one block from East Delray Beach’s Atlantic Avenue and two blocks from the ocean. With five bedrooms, a three car garage and pool, this townhouse lives more like a single-family home. Enjoy the gated and landscaped decorative patio with covered loggia and summer kitchen for enjoying endless hours by the pool. This Seabreeze Isle townhouse is the perfect luxury property to call home. Please see Property Details.

Looking to buy or sell in the beach area? Want more information about the Luxury Real Estate Market? Please contact Mr. Malinosky and Mr. Ely, the #1 Luxury Team in the Beach Area.

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Millionaire Philanthropist Lists Gulf Stream Estate for $21M

British millionaire philanthropist Peter Lampl is looking to sell his South Florida vacation home.

Lampl is listing the nearly 2-acre estate at 3545 North Ocean Boulevard in Gulf Stream for $20.95 million with Douglas Elliman’s Randy Ely and Nicholas Malinosky. Property records show the Sutton Company owns the beachfront home. A notice of commencement filed in 1999 lists Lampl as the true owner. Ely and Malinosky declined to name the owners, which they identified only as British, but said they are listing the property because they aren’t using the vacation home as much as they used to.

Read the full article on The Real Deal

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New to the Luxury Market: Gulf Stream Ocean Estate on Almost Two Acres

April 27, 2017

New to the Luxury Market: Gulf Stream Ocean Estate on Almost Two Acres. Oceanfront specialists, Randy Ely and Nicholas Malinosky just listed another oceanfront estate. The residence located at 3545 North Ocean Boulevard, Gulf Stream, Florida was entered in the Multiple Listing Service on April 26, 2017 with a list price of $20.95M. The new listing will also be featured on RandyandNick.com, elliman.com, Zillow, Trulia and Realtor.com.

Welcome to Bala Machree; one of Gulf Stream’s finest oceanfront properties. 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. With a sole focus on the beach area and several record oceanfront sales to their name, Randy and Nick are recognized as one of the industry’s leading teams. Please contact them to schedule a private tour of at 3545 North Ocean Boulevard or for more details about the luxury real estate market.

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Douglas Elliman recruits brokers with over $1B in luxury home sales

Two of the most productive luxury real estate brokers for the Corcoran Group in Palm
Beach County have joined rival firm Douglas Elliman.

Randy Ely and Nicholas Malinsky together have brokered more than $1 billion in home
sales during their careers, including $75 million in the first quarter of this year. The
brokers have regularly sold homes for $10 million-plus in cities like Boca Raton,
Manalapan, Delray Beach, Gulf Stream, Ocean Ridge and Highland Beach.

They joined Douglas Elliman’s new office in Delray Beach and will specialize in the high-end coastal market.

Read the full article on South Florida Business Journal

 

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Movers & Shakers: Palm Beach luxury team leaves Corcoran for Douglas Elliman…and more

Top Palm Beach County luxury agents Randy Ely and Nicholas Malinosky left the Corcoran Group and joined Douglas Elliman.

Also known as the Randy and Nick team, the Delray Beach-based duo have closed more than a $1 billion in sales in markets like Delray Beach, Gulf Stream and Manalapan, according to a press release. So far this year, Ely and Malinosky closed more than $75 million in sales. Ely, a former Boston real estate developer sold his brokerage to Corcoran

Read full story at The Real Deal

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The Real Deal Features Randy and Nick’s Move to Douglas Elliman

April 21, 2017

The Real Deal South Florida Real Estate News just released that Randy Ely and Nicholas Malinosky have left Douglas Elliman Real Estate for Douglas Elliman. With more than $1 billion in sales to their name, this luxury real estate team focuses on the coastal communities of South Florida with record sales in Manalapan, Ocean Ridge, Gulf Stream and Delray Beach.

Randy and Nick have a 2017 year-to-date sales volume of over $75 million including the record setting sale of 3333 North Ocean Boulevard which sold for $18.5 million in February.

Douglas Elliman has 19 offices in South Florida with nearly 1,000 agents. See Full Article. Contact Randy Ely and Nicholas Malinosky for more information and to discuss your luxury real estate goals.

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Top Agents Randy Ely and Nicholas Malinosky Join Douglas Elliman South Florida

April 18, 2017

Randy Ely and Nicholas Malinosky have joined the Douglas Elliman South Florida family. Mr. Ely and Mr. Malinosky are located at the 900 East Atlantic Avenue office in Delray Beach, Florida.

Ranked as the #1 Luxury Team in the Beach Area, Randy and Nick have been top producers at Douglas Elliman Real Estate since 2005 when the company acquired Randy Ely’s top brokerage firm, Allmon, Tiernan & Ely, Inc. Randy has been a luxury real estate agent in South Florida for almost 30 years and Nick joined Randy’s firm in 2004. Together, these two industry leaders specialize in the oceanfront, waterfront and beach area properties of Manalapan, Ocean Ridge, Gulf Stream, Delray Beach and Highland Beach.

With over $75 million in sales in the 1st Quarter of 2017, it is easy to understand how Randy and Nick are nationally ranked each year at the top of the luxury market by RealTrends, Wall Street Journal, NRT and more.

When asked about the move to Douglas Elliman, Nick Malinosky replied, ‘œWe are very excited about joining the Douglas Elliman team. Matching our luxury brand with a company that is recognized nationally and globally provides an unlimited reach. With 19 offices in Florida alone and many networking opportunities throughout the country, this is the perfect fit for us. Our business model is client focused and joining Douglas Elliman allows us to offer even greater exposure and opportunities for our sellers, buyers and the luxury properties we represent. We know the possibilities are endless.’

The Randy & Nick Team hit the ground running this week attending several Douglas Elliman training sessions and meetings not to mention the exciting Ellie Awards Ceremony on Friday. All of this is in addition to managing their normal real estate activities. When asked how the transition was going, one team member said, ‘œThere is an exciting energy at Douglas Elliman and we are thrilled to be part of it all.’

Ready to find out how Randy Ely and Nicholas Malinosky can put their expertise to work for you? Contact them today to find out about the Douglas Elliman difference and discuss the current luxury real estate market.

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Nicholas Malinosky Sells East Delray Beach Cottage in 10 Days

April 12, 2017

Nicholas Malinosky just sold an East Delray Beach Cottage in 10 days. The charming beach area home located at 1116 Thomas Street, Delray Beach, Florida closed on April 11, 2017 for $1,710,000 according to the Beaches Multiple Listing Service (MLS).

This incredible 1937 Florida cottage is located one block from the beach and just three blocks from East Delray Beach’s Atlantic Avenue. The one-of-a-kind residence has been lovingly restored over the years and meticulously maintained resulting in a picture perfect beach cottage in a prime location. With hardwood floors, paneled walls, white moldings, fireplace, French doors and ample windows, the 1930’s cottage design is enhanced with beautiful finishes. Features include entry foyer, formal living and dining rooms, kitchen with butler’s pantry, sun room/family room, master suite, two additional guest bedrooms in main house and third guest bedroom and guest cottage in second story of garage. The perfectly landscaped grounds, inviting pool and brick terrace set the setting for a private oasis. This unique residence is the perfect balance of a charming design coupled with modern amenities to create a sensational beach cottage. Please see Property Details.

The property was originally listed with another local real estate firm in August 2015 for $2,495,000. The price was increased to $2.62 million and reduced several times finally expiring in October 2016 with a list price of $2.195M. Nick Malinosky met with the sellers, discussed the market trends and listed the property on January 17, 2017 for $1.849M. The property was under contract by January 27 after only one showing. ‘œAccomplishing a sale in 10 days is a direct result of proper pricing,’ said Malinosky. Both Randy Ely and Nick Malinosky congratulate the sellers on this transaction and welcome the buyers to Delray Beach.

As luxury real estate agents who focus solely on South Florida’s beach area, Nick Malinosky and Randy Ely are knowledgeable about the current luxury market and trends. If you are serious about selling your luxury property, please contact Nicholas Malinosky and Randy Ely, the #1 Luxury Team in the Beach Area.

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East Delray Beach Waterfront Home Sold in 52 Days by Randy Ely and Nicholas Malinosky

April 10, 2017

Luxury Real Estate Specialists, Randy Ely and Nicholas Malinosky just sold their waterfront listing at 1101 Island Drive, Delray Beach, Florida. According to Beaches Multiple Listing Service (MLS), the waterfront home sold in just 52 days for $2,900,000.

Boasting 100 feet of waterfrontage and gorgeous water views, this waterfront home is bright and light with lots of windows, French doors and sliding glass doors. The interior has a great floor plan that showcases the water views and features special touches like tray ceilings, custom moldings and hardwood and tile floors. Features include entry foyer, formal living room, formal dining room, expansive family room, spacious kitchen, master suite with sun room, two additional bedrooms and a guest suite with casual living room, bedroom and bath. Professionally landscaped, outdoor features include decorative patio, heated pool and private dock with boat lift. Please see Property Details.

Randy Ely and Nicholas Malinosky know the importance of proper pricing. This waterfront home hit the market on January 31, 2017 with a list price of $3,595,000. The team reduced the price on March 2 to $3,299,000 and had it under contract by March 27 with a closing date of April 10. Randy and Nick helped the seller navigate through the current market trends and were able to accomplish a sale by stressing the importance of proper pricing.

Ready to discuss selling your luxury home? Want more information about the current real estate market? Contact Nicholas Malinosky and Randy Ely today. Whether you are selling or buying, Mr. Malinosky and Mr. Ely can help you achieve your luxury real estate goals.