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.