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Palm Beach is Hottest Luxury Real Estate Market in the U.S.

November 4, 2016

According to a post on Mansion Global, the Palm Beach luxury real estate market is the hottest market in the country. Palm Beach enjoyed a healthy summer and more specifically, Delray Beach in Palm Beach County topped Redfin’s luxury house price index for third quarter. Redfin defines luxury as a home that is among the top 5% most expensive homes in each of the more than 1,000 cities across the U.S. tracked. The average price of a luxury home in Delray Beach was up 70% from the past year with Boca Raton coming in second with a 38% increase.

Redfin agent, Alex Garcia attributes Palm Beach County’s increase in luxury prices to new construction in waterfront areas and a reurbanization to the downtown areas. Garcia noted that builders are tearing down older waterfront homes and constructing modern homes with all the ‘œbells and whistles’. Garcia further states that luxury buyers in Delray Beach and Boca Raton tend to purchase waterfront homes near revitalized downtown areas with restaurants and shops. See Full Article

Looking to buy a luxury home in Delray Beach? Top real estate agents Nicholas Malinosky and Randy Ely have a fabulous listing inventory and are ready to assist you. Check out just a few of their Delray Beach offerings:
617 Palm Trail, Delray Beach listed at $5.95M
1010 Lewis Cove Road, Delray Beach listed at $3.395M
1014 Rhodes Villa Avenue, Delray Beach listed at $2.795M
920 Gardenia Drive, Delray Beach listed at $2.695M
58 Seabreeze Avenue, Delray Beach listed at $2.249.5M
86 MacFarlane Drive #8A, Delray Beach listed at $1.095M

Looking to buy a luxury residence in South Florida’s 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.

 

South Florida Luxury Real Estate Agents Nick Malinosky and Randy Ely Feature Three Brand New East Delray Beach Homes

August 4, 2016

Top Luxury Real Estate Team Nicholas Malinosky and Randy Ely are pleased to feature three of their brand new East Delray Beach homes.

617 Palm Trail is a Coastal Contemporary Waterfront Estate located along the Intracoastal Waterway. The property measures 100 feet of width by 200 feet of depth making it one of the largest properties in East Delray Beach. The rear of the estate faces east capturing prevailing ocean breezes and the view across the Intracoastal is of a four-acre nature preserve, providing an unparalleled degree of serenity and privacy. Boaters will appreciate the brand new 80-foot concrete dock, no-wake zone, and convenient nearby inlets for short voyages to the ocean. The five bedroom residence will feature some of the finest finishes and attention to detail the industry has to offer. The open floor plan allows each room to flow effortlessly to the next while the abundance of windows provide an abundance of natural light and stunning views of the pool, landscaped grounds and Intracoastal. This contemporary masterpiece was designed by award winning architect Richard Jones, interior designer Chris Leighton and developed by Azure Development, a well-known luxury homebuilder with a 30 history in South Florida. From start to finish, this waterfront estate is absolutely spectacular and is truly one of a kind. Listed at $5.95M with a completion date of February 2017. See Property Details

1046 Melaleuca Road is a newly completed California Contemporary four bedroom residence boasting over 7,100 total square feet. The brand new home is located in the Seagate Estate Section of East Delray Beach on a rare and very large lot with 110 feet of frontage and 150 feet of depth. Built by Marc Julien Homes, the entire residence was created to have an open and sophisticated style and feel throughout. Features include French doors and pocket sliders that invite the outdoors in; automated bug screens for entertaining complete with summer kitchen and outdoor loggia; downstairs master wing; pool with spa, home automation system that controls audio, video and lighting; custom gas fireplaces; cabana bath and outdoor shower; expansive yard; large first floor laundry room; wood and marble floors; designer finishes and custom ceilings throughout; generator hookup; impact doors and windows; large three car garage and more. From the custom features and open floorplan to the superb location, this home is truly one of a kind and is being offered at $4.35M See Property Details and Details on Builder’s Website.

1010 Lewis Cove Road is a brand new luxury waterfront home in East Delray Beach offering great waterfrontage just two homes from the Intracoastal. With a stately presence and decorative circular drive, the brand new two story home commands attention with a soaring double door entry when upon entering, provides an immediate display of the clean lines, volume ceilings, marble floors, custom molding and views of the pool and waterway just beyond. Features include formal living room with French doors that lead to the pool and patio, gourmet kitchen with snack bar, large dining area and family room all providing stunning water views and French door access to the patio and pool with a full bath located just beyond the family room, and large laundry room located between the three car garage and kitchen. The second floor is laid out to provide maximum privacy for the master suite, three additional bedrooms and recreation room with wet bar. Entertaining and outdoor enjoyment are a breeze with the decorative patio, pool and dock. Other features include impact glass windows and doors including the extra thick mahogany front door entryway, extra pantry and storage for kitchen, elevator shaft, volume ceilings, three car garage, landscaped and private yard, and Smart house technology. This newly built home is stunning with custom touches throughout and is listed at $3.395M. See Property Details.

Nicholas Malinosky and Randy Ely are honored to feature these three brand new homes in their Exclusive Listing Inventory.

Ready to make an offer on one of these amazing brand new East Delray Beach luxury homes? Contact Mr. Malinosky and Mr. Ely.

Nicholas Malinosky and Randy Ely; The #1 Luxury Real Estate Team in the Beach Area.

 

Brand New Waterfront Home Hits the East Delray Beach Luxury Real Estate Market

August 2, 2016

A brand new East Delray Beach waterfront home just hit the beach area luxury real estate market. The residence located at 1010 Lewis Cove Road, Delray Beach, Florida was entered in the Multiple Listing Service on August 1, 2016 with a list price of $3.395M. The new listing is also featured on RandyandNick.com, Corcoran.com, Zillow, Trulia and Realtor.com.

This brand new luxury waterfront home in East Delray Beach offers great waterfrontage just two homes from the Intracoastal. This stunning and custom built home is located one block from the beach and less than a mile from Atlantic Avenue’s exciting boutiques, restaurants and galleries. With a stately presence and decorative circular drive, the brand new two story home commands attention with a soaring double door entry when upon entering, provides an immediate display of the clean lines, volume ceilings, marble floors, custom molding and views of the pool and waterway just beyond. Features include foyer entry, formal living room with French doors that lead to the pool and patio, turret stairway and powder room, gourmet kitchen with snack bar, large dining area and family room all providing stunning water views and French door access to the patio and pool with a full bath located just beyond the family room, and large laundry room located between the three car garage and kitchen. The second floor is laid out to provide maximum privacy for the master suite, three additional bedrooms and recreation room with wet bar. Entertaining and outdoor enjoyment are a breeze with the decorative patio, pool and dock. Other features include impact glass windows and doors including the extra thick mahogany front door entryway, extra pantry and storage for kitchen, elevator shaft, volume ceilings, three car garage, landscaped and private yard, and Smart house technology. This newly built home is stunning with custom touches throughout. Come enjoy the luxury lifestyle in East Delray Beach. Please see Property Details.

This newly built waterfront home is exclusively listed by Nicholas Malinosky and Randy Ely of the Douglas Elliman Real Estate. Looking to buy a luxury residence in South Florida’s 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.

 

Luxury Real Estate News: East Delray Beach Waterfront Home Just Listed for Sale

August 2, 2016

Top Real Estate Agents Nicholas Malinosky and Randy Ely just listed another waterfront home in East Delray Beach. The residence located at 1014 Rhodes Villa Avenue, Delray Beach, Florida was entered in the Multiple Listing Service on August 1, 2016 with a list price of $2.795M. The new listing is also featured on RandyandNick.com, Corcoran.com, Zillow, Trulia and Realtor.com.

This East Delray Beach home boasts 119 feet of waterfrontage on an oversized lot complete with pool and private dock. The residence is ideally located off A1A just one block from the Atlantic Ocean and less than a mile from Atlantic Avenue’s exciting shops, galleries and restaurants. The impressive two-story double door entry sets the tone for the fabulous interior and floor plan that awaits. Features include soaring ceilings, clerestory windows, marble floors with inlay, stately staircase, views of the pool and waterway beyond from living areas, formal living room with gas fireplace, formal dining room, chef’s kitchen with snack bar that opens to the family room with fireplace and access to the pool and patio, den, cabana bath, master wing with spacious bedroom, closets and opulent bath, large laundry room and downstairs guest bedroom. The upstairs offers three additional guest bedrooms. Outdoor features include covered loggia with summer kitchen, open patio, rock garden pool, waterway views, landscaped grounds and private dock with water, electric and lift. Other features include full-house generator, custom woodwork and paneling throughout, impact windows and doors, volume ceilings, security system including fully integrated Crestron full house system with security cameras, lighting and sound, three car garage and so much more. Please see Property Details.

This fantastic waterfront home represents great value in the beach area and is exclusively listed by Nicholas Malinosky and Randy Ely of the Douglas Elliman Real Estate. Looking to buy a luxury residence in South Florida’s 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.

 

Delray Beach Restaurant Week 2016 Kicks Off August 1

July 29, 2016

The first ever Dine Out Downtown Delray Restaurant Week kicks off on Monday, August 1 and runs through Sunday August 7. Participating restaurants will offer at least one of the following specials (priced do not include tax or gratuity):
Dine Out Deals: $10 and under
Three-Course Prix Fixe Lunches: $20 and under per person
Three-Course Prix Fixe Dinners: $20 – $40 per person

Some participating restaurants will offer culinary experiences and events throughout the week (prices vary).

Reservations are encouraged and can be made through each participating restaurant. There are no passes or tickets required to enjoy this week long event. See Event Details

The 1st Annual Downtown Delray Restaurant Week 2016 is produced by the Delray Beach Downtown Development Authority in partnership with participating restaurants and merchants.

Why not plan a trip to Delray Beach to enjoy Atlantic Avenue’s restaurants, boutiques and galleries. Make time to relax at the beach and join the exciting nightlife. Ready to buy a luxury home in Delray Beach? Contact Nicholas Malinosky and Randy Ely; The #1 Luxury Team in the Beach Area.

Delray Beach Luxury Real Estate Properties for Sale

July 22, 2016

Delray Beach Luxury Real Estate Update from Top Real Estate Agents Nicholas Malinosky and Randy Ely: There is one oceanfront luxury property available for sale in Delray Beach, Palm Beach County, Florida. According to Beaches Multiple Listing Service (MLS) there is one listing for sale located on North Ocean Boulevard and directly across the street from the Atlantic Ocean.

322 North Ocean Boulevard is located just north of East Atlantic Avenue on the west side of A1A/North Ocean Boulevard. This offering includes three total parcels (322 North Ocean Boulevard, 316 North Ocean Boulevard and 1239 Laing Street) resulting in just under an acre of prime land located directly across the street from the beach. The land can be developed as one large estate with ocean views or subdivided into three separate new construction opportunities. There are currently two homes on the three parcels. The combined parcels are currently listed for $9.995 and represents land value.

If you are interested in this Delray Beach oceanfront property, a waterfront residence or any other beach area real estate opportunities in South Florida, please contact Nicholas Malinosky and Randy Ely; The #1 Luxury Team in the Beach Area.

 

New Construction Progress: 617 Palm Trail Interior Renderings Completed

June 30, 2016

A brand new direct Intracoastal waterfront luxury estate is underway at 617 Palm Trail, Delray Beach, Florida. Exclusive listing agents, Nicholas Malinosky and Randy Ely are excited to share the recently released interior renderings from the builder, Azure Development. The renderings of the family room, dining room and bedroom have been added to the listing on Beaches Multiple Listing Service and all corresponding websites.

This Coastal Contemporary Waterfront Estate is located in East Delray Beach’s highly desirable Palm Trail neighborhood. The rear of the estate faces east and overlooks a four-acre nature preserve, providing an unparalleled degree of serenity and privacy. Boaters will appreciate the brand new 80-foot concrete dock and no-wake zone, which allows convenient and secure dockage in your backyard with the Boynton Beach and Boca Raton Inlets nearby. The residence will feature some of the finest finishes and attention to detail the industry has to offer. The open floor plan allows each room to flow effortlessly to the next while the abundance of windows provide plenty of natural light and stunning views of the pool, landscaped grounds and Intracoastal. Features include gated entrance and motor court; expansive living and dining room that open to waterfront grounds; gourmet kitchen that opens to the family room; clubroom separated from living room by two-sided gas linear fireplace; office with full bath, closet and access to a separate one-car garage; laundry room and mudroom with extra storage provided between a three-car garage and the kitchen. The second floor features the private master wing with vaulted ceilings, morning bar, his-and-her walk-in closets, master bath and private covered balcony with outdoor natural gas linear fireplace and endless views of the grounds and waterway. The second floor guest wing features three suites that offer walk-in closets and private access to an open balcony with views of the pool and waterway. The second floor also features a separate covered balcony off the guest room hallway, a second laundry room and a bridge to the multi-purpose suite that can serve as gym, theater or guest quarters with fully equipped plumbing. The exterior features are enhanced by two outdoor loggias with ample space for outdoor living and dining areas complete with summer kitchen and cabana bath. Open terraces surround the 40-foot infinity edge heated pool with spa and salt generator, all of which are Wi-Fi enabled. Designed to perfection and built to the highest of standards, custom features include extensive millwork, wide plank white oak floors, built-in cabinetry, wood window sills and full wood casings, Level 5 smooth drywall finish, smooth stucco finish, salted concrete slab and artificial turf driveway. Additional features include privacy wall and electric sliding gate entry with video monitoring, security system with motion detection, security camera system with Wi-Fi integration, linear diffusers for entire home, LED lighting, home automation system with Android and Apple device integration, generator, and four-zone air conditioning system with Nest Wi-Fi thermostats. Designed by award winning architect Richard Jones and developed by Azure Development, a well-known luxury homebuilder with a 30 year history in South Florida, this contemporary masterpiece was created to showcase the stellar water views and expansive grounds. From start to finish, this waterfront estate is absolutely spectacular and is truly one of a kind. Please see Property Details.

Please contact listing agents, Nicholas Malinosky and Randy Ely of the Douglas Elliman Real Estate for survey, site plan, spec sheet and floor plans.

Looking to buy a brand new waterfront estate in South Florida? Want more information about the Luxury Real Estate Market, please contact Nicholas Malinosky and Randy Ely, the #1 Luxury Team in the Beach Area.

 

Two South Florida Luxury Properties Featured by Nicholas Malinosky and Randy Ely

June 21, 2016

Nicholas Malinosky and Randy Ely are pleased to feature two of their South Florida Luxury Properties: 124 Marlin Drive, Ocean Ridge and 58 Seabreeze Avenue, Delray Beach.

124 Marlin Drive is a remarkable Ocean Ridge waterfront estate custom built in 2014 and in brand new condition. Offering modern amenities in a casual yet elegant beach house setting, this two story Bermuda style estate easily invites the outdoors in with numerous sliding glass doors, rows of windows, vaulted ceilings and a balcony all overlooking the stunning pool area and 100 feet of direct waterfrontage complete with private dock. Exclusively listed by Mr. Malinosky and Mr. Ely of the Douglas Elliman Real Estate for $3.495M. Property Details .

58 Seabreeze Avenue is an East Delray Beach townhouse located just one block from Atlantic Avenue and two blocks from the beach. With over 4,600 total square feet, five bedrooms and a pool, this spacious townhome lives like a single-family home with the added benefit of worry free maintenance. This Seabreeze Isles townhome offers the best of both worlds; a private and tropical oasis with an East Delray Beach address. Exclusively listed by Mr. Malinosky and Mr. Ely of the Douglas Elliman Real Estate for $2,249,500. Property Details .

Mr. Malinosky and Mr. Ely will host open houses on June 21, 2016 from 11:30 am to 1:30 pm at both of these properties and invite you to attend.

Are you looking to buy a luxury property in the beach area? Mr. Malinosky and Mr. Ely have exceptional luxury properties available in their exclusive listing inventory. Nicholas Malinosky and Randy Ely specialize in the beach area and are ready to help you achieve your luxury real estate goals.

Nicholas Malinosky and Randy Ely Just Sold Another Delray Beach Oceanfront Home

May 20, 2016

Nicholas Malinosky and Randy Ely just sold the oceanfront home located at 358 North Ocean Boulevard, Delray Beach, Florida. The property is recorded in Beaches Multiple Listing Service with a sale date of May 18, 2016.

Located just blocks north of Atlantic Avenue and Downtown Delray Beach, this is one of the few oceanfront parcels along this stretch of A1A just south of George Bush Boulevard. Location is second to none and the home is truly spectacular with absolutely amazing unobstructed ocean views. Lavish master quarters, gourmet kitchen overlooking the ocean with top-of-the-line appliances, formal library with built in bookcases, formal dining, large media room, custom finishes throughout, and a private guest apartment. Deep corner lot offers expansive outdoor space with lush tropical landscape and a tree canopied entrance. Coral loggia overlooks the oversized pool, courtyard and outdoor kitchen with professional stainless steel gas grill and wood-burning pizza oven. This home is wonderful for entertaining and perfect for enjoying the luxury lifestyle in East Delray Beach, Florida. Property Details

This oceanfront property was exclusively listed by Nicholas Malinosky and Randy Ely who specialize in the marketing and sale of Luxury Properties in the beach area of Palm Beach County. Wall Street Journal and REAL Trends ranked Mr. Malinosky and Mr. Ely as #1 in Florida and #9 in the nation for Top Team Average Sales Price of $8.17M.

If you or anyone you know would like to buy or sell an oceanfront or waterfront estate, please do not hesitate to contact Nicholas Malinosky and Randy Ely to discuss the current luxury real estate market. Please visit www.randyandnick.com.

East Delray Beach Home Hits the Beach Area Luxury Real Estate Market

May 19, 2016

An East Delray Beach home just hit the beach area luxury real estate market. The residence located at 1215 Southways, Delray Beach, Florida was entered in the Multiple Listing Service on May 19, 2016 with a list price of $2.195M. This new listing is also featured on RandyandNick.com, Corcoran.com, Zillow, Trulia and Realtor.com.

This fabulous beach area residence in East Delray Beach is located just one block from the Atlantic Ocean. Enjoy the shops and restaurants of Atlantic Avenue just a few blocks away with George Bush Boulevard just one block north. Palm Beach and Worth Avenue are a scenic drive via A1A plus easy access to all three International Airports via I-95. With a prime location tucked off A1A, this property offers beach area living in a private setting. The tropical landscape and decorative circular drive enhance the home’s front exterior complete with an inviting front porch and double door entry. The three bedroom residence offers hardwood floors and an open floor plan with lots of windows and French doors throughout providing natural light and picture perfect views of the pool and grounds. Features include formal living and dining rooms, chef’s kitchen open to the family room, den, master suite, two additional guest bedrooms with full baths, laundry room and one car garage. Enjoy endless hours of fun and outdoor entertaining thanks to the heated pool with spa. The entire pool is surrounded by an expansive, decorative patio with numerous areas for lounging, grilling and dining and includes a heated outdoor shower for your convenience. Although the home was built in 1960, it was renovated in 2004 and completed with many upgrades by current Seller the same year. The home has been meticulously maintained and professionally managed. Luxury living awaits in this perfect and private beach area residence. Please see Property Details .

This fabulous beach area home is exclusively listed by Nicholas Malinosky and Randy Ely of the Douglas Elliman Real Estate. Looking to buy a luxury residence in South Florida’s 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.