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Delray Beach Oceanfront Real Estate Update

Delray Beach Oceanfront Real Estate Update

October 4, 2015

There are currently two single-family direct oceanfront homes for sale in Delray Beach, Palm Beach County, Florida according to Beaches Multiple Listing Service (MLS). Both of these luxury oceanfront estates are located south of Atlantic Avenue in the Estate Section of Delray Beach and are not governed by a Homeowner’s Association.

711 South Ocean Boulevard offers 114 feet of direct ocean frontage with 765 feet of depth. Built in 1996, the residence has 6 bedrooms, 9.3 baths, 12,020 square feet under air and 15,310 total square feet. Features include an open floor plan with 25 foot ceilings, marble floors, elevator, fireplace, first floor master suite, office, gym and 1 bedroom/1 bath staff quarters. The grounds are meticulous with a decorative front driveway complete with fountain and perfectly landscaped backyard with pool and spa overlooking the beach. The oceanfront estate is currently listed for $16.975M.

1171 South Ocean Boulevard offers 100 feet of direct ocean frontage with 408 feet of depth. Built in 1994, the residence has 7 bedrooms, 8.3 baths, 9,761 square feet under air and 12,107 total square feet. Features include marble and hardwood floors, gourmet kitchen with full-service catering kitchen, butler’s pantry and wine room, elevator, several fireplaces, first floor master suite, paneled office, central lighting system and two bedrooms with separate entrance which can serve as staff quarters. The residence has been renovated to include new air conditioner, new exterior and interior paint and several renovated bathrooms. The gated compound offers manicured lawns, custom landscape and a seaside pool and spa with separate cabana bath, outdoor terraces and dining loggia. The oceanfront estate is offered at $11.95M and is exclusively listed by Randy Ely and Nick Malinosky.

If you are interested in these Delray Beach direct oceanfront homes or any other luxury beach area real estate opportunities in South Florida, please contact Randy Ely and Nick Malinosky; The #1 Luxury Real Estate Team in the Beach Area.

Douglas Elliman Real Estate’s Active September Covered by Coastal Star

Douglas Elliman Real Estate’s Active September Covered by Coastal Star

October 1, 2015

The Coastal Star, a Palm Beach County publication dedicated to the beach area local news, found the Douglas Elliman Real Estate’s September luxury oceanfront sales activity to be newsworthy. Three oceanfront estate sales are covered in the October Business Spotlight edition of the Coastal Star including the record breaking $33M sale at 800 South Ocean Boulevard, Manalapan, Florida. Article details include price, sellers, buyers, builders, interior designers and listing agents (all from Douglas Elliman Real Estate). Randy Ely and Nick Malinosky were the exclusive listing agents for 860 South Ocean Boulevard in Manalapan, Florida. This healthy luxury oceanfront market activity is a great way to kick off the South Florida real estate season. Read More

Just Listed Direct Oceanfront in Delray Beach Estate Section

Just Listed Direct Oceanfront in Delray Beach Estate Section

September 29, 2015

A new direct oceanfront listing just hit the South Florida luxury real estate market. The luxurious estate located at 1171 South Ocean Boulevard in Delray Beach, Florida was listed in the Multiple Listing Service on September 28, 2015 for $11.95M. The opulent residence is also featured on Corcoran.com, Zillow, Trulia and Realtor.com.

Located in the coveted Estate Section of Delray Beach, the gated compound enjoys 100 feet of direct oceanfrontage and over 400 feet of depth providing the perfect setting for this resort-style estate. Boasting stunning ocean vistas and over 12,000 square feet, features include formal living and dining rooms, gourmet kitchen and open family room with fireplace, first floor master suite with private loggia, home theatre room, paneled office, six additional guest rooms, a third floor observation deck, cathedral ceilings, marble and hardwood floors, and much more. The manicured grounds and custom landscape create the perfect setting for the seaside pool and spa, outdoor dining loggia and open terraces. Recent improvements include exterior and interior paint, brand new a/c and several renovated bathrooms.

This magnificent oceanfront residence is exclusively listed by Randy Ely and Nick Malinosky of the Douglas Elliman Real Estate. REAL Trends/Wall Street Journal, The Thousand recently ranked Randy and Nick as #1 in Florida and #9 in the nation for Top Team Average Sales Price of $8.17M. Their current luxury oceanfront listing inventory includes not only 1171 S Ocean Blvd, but also two oceanfront estates in Gulf Stream (1275 N Ocean Blvd and 1255 N Ocean Blvd) and another in Ocean Ridge (6125 N Ocean Blvd). Randy and Nick closed 860 S Ocean Blvd, Manalapan on September 4.

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Corcoran Sells $84M Worth of Oceanfront Homes in September

Corcoran Sells $84M Worth of Oceanfront Homes in September

September 25, 2015

The Douglas Elliman Real Estate sold $84M worth of direct oceanfront single-family homes along Palm Beach County’s coastline in the month of September alone! Listing agents from the Palm Beach and Delray Beach Corcoran offices sold the following exclusive listings this month: 800 South Ocean Boulevard, Manalapan, Florida listed at $34.9M; 860 South Ocean Boulevard, Manalapan, Florida listed at $16.495M by Randy Ely and Nicholas Malinosky; and 969 South Ocean Boulevard, Delray Beach, Florida listed at $19.975. Corcoran also had the buyer for 969 South Ocean Boulevard resulting in double the sales volume. This is great news going into season and reflects that the oceanfront market is quite healthy. Please feel free to contact Randy and Nick regarding the luxury oceanfront real estate market.

Just Listed Seaside Estate ~ 330 Banyan Road, Gulf Stream, Florida

Just Listed in Gulf Stream, Florida

September 22, 2015

Randy Ely and Nicholas Malinosky just listed this Gulf Stream Seaside Estate for $4.495M. The four bedroom residence is nestled in Gulf Stream just three homes from the Atlantic Ocean and one block to Gulf Stream School. The property is being offered 100% turnkey and has just recently been decorated by renowned Interior Designer Phoebe Howard; there is not a space on this entire property that has not been selectively designed and decorated to perfection. Features include gourmet kitchen, formal living and dining rooms, private grounds with pool, full-house generator, three car garage and so much more.
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Record Oceanfront Sale in Manalapan

Record Oceanfront Sale in Manalapan

September 16, 2015

Manalapan’s oceanfront luxury estate real estate market is hot this month! Douglas Elliman Real Estate Palm Beach listing agent, Jim McCann just sold 800 South Ocean Boulevard for a record $33M. Randy Ely and Nicholas Malinosky sold 860 South Ocean Boulevard for $13.76M earlier in September. Malinosky believes the two oceanfront sales this month show the strength of Manalapan’s housing market.

Developer Pat Carney built the spec home at 800 South Ocean Boulevard to meet the demand for new oceanfront homes. Carney also built the house next door at 750 South Ocean Boulevard which sold for $24.75M in 2013. Both homes were built by Mark Timothy, Inc. of Boca Raton.

The unique ocean-to-Intracoastal properties in Manalapan afford residents waterfrontage on both the Atlantic Ocean and Intracoastal Waterway for the best of both worlds. The Town of Manalapan is home to the Eau Palm Beach Resort & Spa and is conveniently located just a short drive along scenic A1A to the shops and restaurants of Palm Beach and Delray Beach.
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$16.5M Oceanfront Manalapan Mansion Sells

$16.5M Oceanfront Manalapan Mansion Sells

September 8, 2015

The oceanfront mansion located at 860 South Ocean Boulevard, Manalapan, Florida just sold. Listed for $16.5M by Randy Ely and Nicholas Malinosky, the gated compound is located on 1.62 acres with direct waterfrontage on the Atlantic Ocean and the Intracoastal. Built in 2004, the estate features tennis court, guest house and oceanside pool. Read More

$18.95M Oceanfront Spec Home in Ocean Ridge Estate Section

$18.95M Oceanfront Spec Home in Ocean Ridge Estate Section

September 4, 2015

A brand new oceanfront estate is coming to the Ocean Ridge Estate Section. Listed for $18.95M by Randy Ely and Nicholas Malinosky, the spec home is being built by Mark Timothy, Inc and designed by Affinity Architects with interior designs by Marc Michaels. This is the first spec home of its kind to grace the Ocean Ridge Estate Section and should be completed in 14 months.
Read More, Page 29

Update Your Estate Management Checklist

Update Your Estate Management Checklist

October 23, 2014

It’s that spooky time of the year again where things go bump in the night ‘“ it’s all Halloween fun as long as it’s not happening in your Northern home while you’re enjoying your Florida property.Your estate manager may ensure that the operational aspects, appliances and conveniences of your home are checked regularly, that landscapers and maintenance crews are performing tasks to your specifications and even your automobiles and exercise equipment are used to avoid battery loss.  What about undetected carbon monoxide, radon, mold, insects and unseen roof damage that can leave you out in the dark?

Carbon monoxide is present with fuel burning appliances, furnaces, hot water heaters and gas ranges.  Make sure your team is checking the venting and detectors quarterly.  Radon gas can build up especially over the winter when windows and doors are closed for long periods of time.  It’s important to have your home checked regularly to ensure the levels are below the recommended amounts.

Excessive moisture can breed mold and cause your home to deteriorate especially if it goes undetected, as with damage to the roof under the weight of a heavy snow season. Your maintenance team must ensure your home is sealed to avoid moisture, insects and even animals.  Both sunlight and water can actually cause damage and saltwater is especially corrosive to all building materials, making regular detailed inspections critical.

Although your estate manager is likely handling these items behind the scenes, in this case what you don’t see is more important that what you do.

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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