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Da Vinci Masterpiece to be Auctioned for $100 Million at Christie’s New York

October 10, 2017

The last Da Vinci masterpiece is scheduled to be auctioned off for $100 Million at Christie’s New York in November 15. It is believed that fewer than 20 of Leonardo da Vinci’s paintings survive and all of the others are in museums. The early 16th century painting, ‘Salvator Mundi’ (Savior of the World) is expected to sell for more than $100 million. See Robb Report article

The painting is currently owned by Russian billionaire Dmitry Rybolovlev. Christie’s in New York plans to offer the Da vinci for $100 million next month ‘“a record asking price for an Old Master at auction. The painting will be marketed alongside Andy Warhol’s ‘Sixty Suppers’, a wall-size silkscreen homage to the Da Vinci masterpiece, “The Last Supper”. The Warhol piece is projected to sell separately for $50 million. See Wall Street Journal article

According to Christie’s website, ‘Salvator Mundi’ is an oil on walnut panel and most likely was painted either at the end of Leonardo’s Milanese period in the later 1490’s (‘The Last Supper’) or slightly later in Florence (‘Mona Lisa’) where the artist moved in 1500. Records show that the painting belonged to King Charles I (1600-1649) and was sold at the ‘Commonwealth Sale’ on October 23, 1651. The painting was returned to the Crown by an act of Parliament when Charles II was restored to the throne. The painting disappeared from 1763 until 1900 when it was privately acquired and had been extensively altered. The painting was then auctioned in 1958 and disappeared again until 2005 when it was purchased from an American estate.

In 2007, an extensive restoration of the painting was completed by Dr. Dianne Dwyer Modestini who documented the process and concluded that the painting was an autograph work by Leonardo da Vinci. According to the Christie’s website: ‘Salvator Mundi is a painting of the most iconic figure in the world by the most important artist of all time,’ says Loic Gouzer, Chairman, Post-War and Contemporary Art at Christie’s in New York. ‘˜The opportunity to bring this masterpiece to the market is an honour that comes around once in a lifetime. Despite being created approximately 500 years ago, the work of Leonardo is just as influential to the art that is being created today as it was in the 15th and 16th centuries. We felt that offering this painting within the context of our Post-War and Contemporary Evening Sale is a testament to the enduring relevance of this picture.’ See Christie’s Website

Stay tuned to find out who purchases the Da Vinci. A stunning art collection requires a luxury home. Whether your collectibles consist of contemporary pieces or rare works by the Masters, Nicholas Malinosky and Randy Ely can help you find the perfect residence to display your collection.

Photo: christies.com

Global Exposure Through Douglas Elliman and Knight Frank Partnership

September 22, 2017

Douglas Elliman Real Estate’s exclusive alliance with Knight Frank Residential allows their luxury agents to showcase the company’s listings to over 520 offices across 60 countries and 6 continents. As the leading residential agencies in New York and London, these two industry giants have been working together since the 1970’s through international referrals deciding to formalize the partnership in 2014.

Douglas Elliman luxury agent Nicholas Malinosky is pleased to be part of this global alliance. In order to maximize this valuable network, Mr. Malinosky planned a recent business trip to London to visit the Knight Frank’s Mayfair office. It was a tremendous opportunity to introduce his South Florida listings to his UK colleagues, learn about London’s offerings and compare notes about the current real estate trends in these two luxury markets. When asked about the meeting, Malinosky said, ‘œIt was a great chance to talk with colleagues about our respective listings and markets. These agents are at the top of their game doing what Randy Ely and I have the privilege of doing in South Florida ‘“ marketing and selling amazing properties.’

Knight Frank’s website explains it best: ‘œOperating in locations where our clients need us to be, we provide a worldwide service that’s locally expert and globally informed.’ With co-branded offices in key high net worth markets, Douglas Elliman and Knight Frank provide their agents global access to qualified buyers, not available to any other real estate professionals in the industry. Over 21,570 luxury agents network with their colleagues throughout the world and showcase their exclusive listings utilizing an exclusive database of over 700 billionaires.

Thanks to a superb media strategy, Douglas Elliman and Knight Frank increase brand awareness through print, digital, social and public relation outlets. For instance, each Elliman publication is available in Knight Frank offices and all of Douglas Elliman’s exclusive listings over $1.5M are featured on knightfrank.com. The Wealth Report is a Douglas Elliman and Knight Frank exclusive publication best explained on Elliman.com, ‘œNow in its 11th year, The Wealth Report is the industry’s leading publication on global prime property markets, wealth, distribution and investment sentiment. The world is becoming an ever smaller place and operates more as a global marketplace. The impact of how one region performs can positively or negatively affect another. The Wealth Report offers invaluable insight into global trends and what will impact personal assets in the years to come.’

Douglas Elliman agents, Nicholas Malinosky and Randy Ely are honored to be designated as Executive Directors of Luxury Sales in the Delray Beach office. With a commitment to client service and results, Mr. Malinosky and Mr. Ely utilize Douglas Elliman’s resources knowing that when they list a beach area property in South Florida, it is going to be showcased to potential buyers and luxury agents worldwide. No other brand offers that power or exposure.

Looking to sell a luxury property in South Florida? Contact Randy & Nick to start the conversation.

$50M Buys You a Collection of Private Islands Off Coast of Connecticut

September 19, 2017

Did you know that you can buy a collection of private islands for just $50M? A recent article in Country Living featured the collection of eight private island off the Coast of Connecticut complete with stunning photos and description.

The unique listing features six national historic districts including the entire Thimble Island archipelago. There are historical homes located on the islands that date back to the late 19th and early 20th centuries. Boasting exceptional ocean views, the islands are accessible only by boat. The largest island, Roger Island can be purchased separately for $35M and features a large Tudor estate, Victorian house and guesthouse, formal gardens, fountains, a waterfall, tennis court, putting green and greenhouse.

The sale also includes Wheeler Island and ‘Cut-in-Two’ East & West Islands which are connected by a pedestrian bridge. The islands are listed by Douglas Elliman agent Melissa Frank Lutz. See Country Living article by Elizabeth Finklestein

Douglas Elliman Real Estate is one of the top real estate companies in the United States with more than 7,000 luxury agents in over 110 offices in Manhattan, the Hamptons, Greenwich, Miami, Palm Beach, Aspen and Beverly Hills to name a few. Douglas Elliman agents, Nicholas Malinosky and Randy Ely are honored to be designated as Executive Directors of Luxury Sales in the Delray Beach office. With numerous record-breaking sales to their credit, Nick and Randy are industry leaders who specialize in the oceanfront and beach area market of the Palm Beaches. They also work closely with their Douglas Elliman colleagues across the nation.

Whether you are interested in buying the eight islands of Connecticut’s coastline or looking for an oceanfront estate in South Florida, contact Nicholas Malinosky and Randy Ely to discuss your luxury real estate goals.

Photo: Country Living/Devin Groody

Douglas Elliman Luxury Agents Randy Ely and Nicholas Malinosky Featured in the News

September 2, 2017

Douglas Elliman agents Nicholas Malinosky and Randy Ely were featured in the news again. South Florida CityBizList covered Randy & Nick’s exciting and productive week listing $16.45 million worth of luxury properties in one day. The four waterfront properties are located in Palm Beach County and each hit the market on August 28, 2017. See full article

Check out the four luxurious homes:

3232 Polo Drive, Gulf Stream, Florida

3232 Polo Drive in Gulf Stream
*Listed for $5.95M
*150 Feet of Waterfrontage, Dock with lift
*Pool with Spa and Covered Loggia
*Marble & Hardwood Floors
*5 Bedrooms / 6.1 Baths
*5,242 A/C Sq Ft / 7,137 Total Sq Ft

50 Spoonbill Road, Manalapan, Florida

50 Spoonbill Road in Manalapan
*Listed for $3.875M
*104 Feet of Waterfrontage, Dock with lift
*Pool, Covered Loggia and Sunset Views
*Terrazzo and Hardwood Floors
*6 Bedrooms / 6 Baths
*4,734 A/C Sq Ft / 6,534 Total Sq Ft

13 Ocean Harbour Circle, Ocean Ridge, Florida

13 Ocean Harbour Circle in Ocean Ridge
*Listed for $3.375M
*87 Feet of Waterfrontage, Dock with Sport Port
*Pool with Spa, Patio and Covered Loggia
*Marble and Hardwood Floors, Volume Ceilings
*4 Bedrooms / 4.1 Baths
*4,844 A/C Sq Ft / 7,027 Total Sq Ft

124 Marlin Drive, Ocean Ridge, Florida

124 Marlin Drive in Ocean Ridge
*Listed for $3.25M
*100 Feet of Waterfrontage, Dock with lift
*Pool with Spa, Custom Lighting and Covered Loggia
*Open Floor Plan with First Floor Master Suite
*4 Bedrooms / 3.1 Baths
*3,924 A/C Sq Ft / 5,643 Total Sq Ft

Looking to buy or sell an oceanfront, waterfront or beach area home in South Florida? Contact Nicholas Malinosky and Randy Ely to discuss the luxury real estate market or for a free no-obligation property consultation.

Just Listed in Palm Beach County: Beach Area Waterfront Home in Gated Community

September 1, 2017

Nicholas Malinosky with Douglas Elliman just listed a luxury waterfront home in one of Palm Beach County’s beach area gated communities.

13 Ocean Harbour Circle, Ocean Ridge, Florida

Sure to please, 13 Ocean Harbour Circle, Ocean Ridge, Florida hit the luxury real estate market on August 28, 2017 with a list price of $3.375 million. Located in the prestigious gated community of Ocean Harbour Estates, the property is featured in Beach MLS and on several websites including RandyandNick.com, Elliman.com, KnightFrank.com, Zillow.com and Realtor.com.

Ocean Harbour Estates is a gated and private enclave of 15 stunning waterfront homes. This luxurious two-story custom home is perfectly located on the cul-de-sac at the end of the Palm Beach style palm tree lined street. The decorative driveway and manicured landscape create an inviting curb appeal with a focal point on the stunning double-door entrance. The entry foyer unveils the formal living with soaring ceilings, grand staircase, marble floors and dramatic views of the pool and grounds. The formal dining room has marble floors, lovely views of the front yard and butler’s pantry toward the kitchen.

13 Ocean Harbour Circle, Ocean Ridge, Florida

The gourmet kitchen and spacious family room are bright and filled with natural light thanks to clerestory windows and French doors that lead to the loggia and pool. The kitchen boasts ample granite counters and custom cabinetry along with top-of-the-line appliances; island with sink and disposal; snack bar; built-in desk; and large walk-in pantry. The kitchen and informal dining area flow effortlessly to the spacious family room complete with custom built-in entertainment center; an entire corner dedicated to the wet bar with sink, refrigerator, ice maker, cabinets and granite countertops; and a wine room with ornate iron door. The study reflects the perfect balance of tradition and warmth with custom built-in shelves and cabinets, hardwood floors, tray ceiling with mural and natural light. The first floor bedroom has hardwood floors, closet and French doors leading to the loggia and pool. There is a Jack-and-Jill bathroom which serves as a cabana bath and a powder room conveniently located off the foyer.

13 Ocean Harbour Circle, Ocean Ridge, Florida

The second floor can be accessed via the sweeping staircase or elevator. The second story loft is located at the top of the stairs and has grand views of the pool and grounds as well an inviting display of the wrought iron railings, hardwood floors and the living room’s custom cypress tray ceilings. The private master wing features tray ceilings; French door leading to the private balcony with endless water views; his-and-her walk-in closets with custom shelving and lighting; and impressive master bath with Jacuzzi tub, custom glass shower, double vanities, make-up counter with drawers, bidet and French door leading to the private balcony. The additional guest bedrooms are conveniently located on the other side of the loft each with private bathrooms and generous custom closets.

The outdoor loggia, expansive patio and inviting pool are further enhanced by the property’s phenomenal elevation allowing exceptional water views and refreshing sea breezes. French doors lead from the family room to the loggia with ample room for outdoor dining complete with summer kitchen. The splendid pool with spa is surrounded by an expansive patio inviting endless hours of outdoor entertaining and private lounging.

13 Ocean Harbour Circle, Ocean Ridge, Florida

The beach access located just one block away provides the added benefit of enjoying the ocean. With 87 feet of waterfrontage, boaters will enjoy the 75+ foot dock with water, electric and an additional ‘œSport Port’ with room for two jet skis. Motor along the Intracoastal Waterway or head out to sea via the nearby inlet. Ocean Harbour Estates has equipped the waterway a bubbler system to assure water is circulating at all times.

The large two-car garage has epoxy non-skid flooring, built-in storage cabinets, workstation and separate French door leading to the driveway and front yard. The laundry room has full-size Kenmore Elite washer and dryer, laundry tub and dog-washing station. Expertly appointed with superior finishes, the residence features custom woodwork and moldings; marble and hardwood floors; custom vanities and tile showers; elevator; central vacuum; four-zone air-conditioner; security system; sound system; impact glass and manicured landscape with custom lighting. Boasting over 7,000 total square feet and 87 feet of waterfrontage, 13 Ocean Harbour Circle in Ocean Ridge, Florida offers the perfect setting to enjoy South Florida’s luxury lifestyle. Please see Property Details and Luxury Property Video.

Ready to make an offer? Contact Nicholas Malinosky to schedule a preview and for more details.

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Manalapan Waterfront House for Sale Offering Exceptional Privacy

August 31, 2017

Looking to buy a waterfront home in South Florida with exceptional privacy? Then check out this Manalapan house that just hit the luxury real estate market. Nicholas Malinosky just listed 50 Spoonbill Road located in the secluded and private seaside Town of Manalapan, Florida. The six bedroom waterfront residence is available for $3.875 million and hit South Florida’s real estate market on August 28, 2017. The property is featured in Beach MLS and on several websites including RandyandNick.com, Elliman.com, KnightFrank.com, Zillow.com and Realtor.com.

50 Spoonbill Road, Manalapan, Florida

Elegantly poised on the peaceful Manatee Cove, this waterfront home provides a private oasis that promises to please. With tropical landscape and decorative circular drive, the front entryway is perfectly framed by a pergola with bougainvillea, charming porch and stately front door with sidelites. The spacious foyer provides the first glimpse of the vaulted ceilings, stunning terrazzo floors and gorgeous views of the pool and waterway beyond. The formal living and dining room is bathed in natural light with glass sliders that open to the covered loggia and a French doors leading to the private front courtyard.

50 Spoonbill Road, Manalapan, Florida

The new kitchen by Henrybuiltâ„¢ has a vaulted paneled ceiling with sky lights for fabulous light and features Miele and Sub-Zero appliances with an island that has a vintage-feel butcher block top. The kitchen expands towards the great room with ample space for dining table. With a wall of pocket sliders, the kitchen and great room flow effortlessly to the outdoor living areas with scenic views of the grounds, waterway and neighboring multi-million dollar homes. The large laundry room and two-car garage are conveniently located down the hall from the kitchen with a full bathroom just off the great room.

50 Spoonbill Road, Manalapan, Florida

The spacious first floor master suite has hardwood floors, a picture window that overlooks the waterway, and French doors that open to the covered loggia and pool. The stunning marble master bath has a soaking tub, glass walk-in shower, two custom vanities each with a sink and plenty of drawers and a sliding glass door to the private outdoor shower area. The expansive walk-in closet offers plenty of storage with custom shelving. The first floor VIP suite has terrazzo floors, picture window, doorway to brick paver walkway, two closets with custom shelving and a spacious bathroom with marble soaking tub, glass shower, linen closet and large custom vanity with dual sinks and lots of drawers. There are two additional guest bedrooms on the first floor just off the kitchen and great room. The first guest bedroom has hardwood floors, a lovely window overlooking the front courtyard, easy access to the full bath across the hall and a built-in wardrobe that could be easily removed to use the room as an office. The second guest bedroom has hardwood floors, a custom built-in double loft bed, closet with custom shelving and large bathroom with custom glass walk-in shower, custom vanity and linen closet.

50 Spoonbill Road, Manalapan, Florida

The upstairs has a modern feel with clean lines, hardwood floors and volume ceilings. Ideal for private retreats or a hot spot for entertaining guests, the spacious family room has a wet bar with custom counter and full refrigerator; a large dining area; private covered balcony with cypress ceiling and a wall of vanishing sliders that open to provide unobstructed sunset views over the peaceful Manatee Cove lined with multi-million dollar homes. The upstairs guest bedroom has water views, a custom built-in loft bed, closet and full bath across the hall. The upstairs master wing is conveniently located at the end of the hall for maximum privacy. With hardwood floors, volume ceilings, custom lighting and water views, this space is tranquil and inviting. The walk-in closet has custom shelving and the master bath has a custom vanity with dual sinks, custom walk-in shower and soaking tub that is open to the bedroom allowing relaxing views of the waterway.

50 Spoonbill Road, Manalapan, Florida

The outdoor space was perfectly designed to provide endless hours of both private lounging and festive entertaining. The covered loggia has gorgeous terrazzo floors and stunning cypress paneled ceiling with ample room for outdoor living and dining areas all overlooking the waterway. The open patio perfectly frames the beautiful mosaic-tiled pool and provides ample space for relaxing and playing with an outdoor shower conveniently located at the south brick paver terrace. Perfectly positioned at one of the widest points on Manatee Cove, the picturesque views encompass the tranquil waterway, multi-million dollar homes and spectacular sunsets. The manicured backyard slopes down to the 104 feet of waterfrontage and new dock with electric, water and 12,000 pound boat lift. Enjoy scenic boating along the Intracoastal Waterway or venture out to the Atlantic Ocean via the nearby inlet to enjoy day trips to exciting destinations like Miami, Fort Lauderdale, Jupiter and beyond.

50 Spoonbill Road, Manalapan, Florida

As a Manalapan resident, you will have a gratis membership to La Coquille Club located inside the world renowned Eau Palm Beach Resort & Spa, formerly the Ritz Carlton Palm Beach. This unique benefit permits access to all the amenities of the club and resort including the beach, pool, spa and the clubroom facilities. Situated on a secluded private beach on seven acres of the Atlantic coast with breathtaking ocean views and lush tropical gardens, the AAA Five Diamond Eau Palm Beach Resort & Spa was recognized as Florida’s top resort in the 2016 Condé Nast Traveler Readers’ Choice Awards.

Tranquil water vistas and South Florida sunsets interplay to create the ideal backdrop for this private oasis. With six bedrooms and 104 feet of waterfrontage, 50 Spoonbill Road in Manalapan, Florida is the perfect coastal residence to call home. Listed at $3.875M. Please see Property Details and Luxury Property Video.

Ready to make an offer? Contact Nicholas Malinosky to schedule a preview and for more details.

Luxury Waterfront Home for Sale in Ocean Ridge, Florida

August 30, 2017

Nicholas Malinosky and Randy Ely just listed a luxury waterfront home for sale located at 124 Marlin Drive in Ocean Ridge, Florida. This custom built residence hit the market on August 28, 2017 with a list price of $3.25 million. The property is featured on Beaches Multiple Listing Service (MLS), randyandnick.com, Elliman.com, KnightFrank.com, Zillow, Trulia and Realtor.com.

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Custom Built Home with 100 Feet of Waterfrontage, Dock & Pool

Custom built in 2014, this remarkable waterfront estate is 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. Entryway is enhanced by the split level staircase and incredible vistas seen just beyond the living and dining areas. Gourmet kitchen has clean lines, marble accents, island with breakfast bar and cypress vaulted ceiling all opening to the family room with sliders providing a view of the pool. Ground floor master suite has tray ceilings, private covered patio, his-and-her closets, and master bath. Three additional guest bedrooms upstairs and a spacious balcony providing endless views of the pool and waterway beyond. Turkish and Italian tiles, hardwood floors, vaulted ceilings, crown molding, and custom built-ins throughout.

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A Boater’s Paradise with New Concrete Dock and Boat Lift

Outdoor living is a breeze with the covered loggia, endless patios and brand new dock. The salt-water pool is heated and complete with spa. Boaters will be delighted by the brand new concrete dock complete with a lighting system, water, electric and a brand new boat lift on remote and the Atlantic Ocean just minutes away via the Boynton Beach inlet. Other features include ground floor office, full laundry room, two-car garage, full-house gate for privacy, propane tank, impact glass windows and doors, sound system, security cameras, and full alarm system. This Ocean Ridge waterfront estate is the perfect beach house offering a casual elegance and 100 feet of direct waterfrontage with many upgrades too numerous to list. Come live the luxury lifestyle today in this fabulous waterfront estate. See Property Details

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Stunning Sunset Views at 124 Marlin Drive

Ready to schedule a tour of this home and make an offer? Contact exclusive listing agents, Nicholas Malinosky and Randy Ely to discuss this incredible waterfront opportunity.

Best Waterfront Value in Gulf Stream, FL Listed by Randy & Nick

August 29, 2017

Best Value on the Water. Randy & Nick just listed 3232 Polo Drive in Gulf Stream, Florida for $5.95 million making it the best value on the water. The waterfront home was listed as ‘œNew’ in the Beaches Multiple Listing Service (MLS) on August 28, 2017 and is also listed on randyandnick.com, Elliman.com, KnightFrank.com, Zillow, Trulia and Realtor.com.

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Luxury Residence with 150 Feet of Waterfrontage and Dock

Situated on an expansive lot with 150 feet of waterfrontage, 3232 Polo Drive is the consummate luxury residence. Built in 2008, this impeccable residence is in immaculate, like-new condition and features some of the finest mill work, craftsmanship and finishes the industries has to offer. Graced with exceptional curb appeal, the home is poised to please with manicured grounds, stunning double door entry, decorative circular drive and separate side driveway leading to the three-car garage. The foyer entry provides the first glimpse of the custom millwork, tumbled Jerusalem marble floors, expansive grounds and waterway just beyond. The property was created with an open floor plan and is designed to invite the outdoors in via Nano-Walls throughout.

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Fabulous Living Room with Fireplace & Phenomenal Water Views

The spacious living room has a coffered ceilings, fireplace, wet bar and stunning water views. The living room flows effortlessly to the dining area and gourmet kitchen complete with Matrix granite countertops; custom cabinetry with lots of storage; state-of-the-art appliances including Sub-Zero refrigerator and freezer drawers; large snack bar and island with sink. The study has custom shelving, an impressive fireplace and hardwood floors.

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Study with Fireplace & Hardwood Floors

The first floor master suite opens to the covered loggia and has a spacious master bathroom with soaking tub, glass shower and walk-in closet. There is an additional first floor guest bedroom with full bathroom and walk-in closet. The breathtaking rotunda and sweeping spiral staircase are located off the entry foyer along with the elevator. Impressive water views provide the perfect backdrop for the spacious second floor master suite with soaring bamboo ceiling, private balcony and his-and-her separate master bathrooms. Her bathroom is complete with a large walk-in closet with custom shelving, soaking tub and glass walk-in shower. His bathroom features a glass walk-in shower and walk-in closet. The Nano-wall in the bedroom and doorways in each of the bathrooms open to the private balcony with cypress ceilings for enjoying gentle breezes and gorgeous sunsets. There is an additional second floor guest bedroom with full bath. The private guest suite is located above the garage and accessed via a separate stairway off the kitchen. The open space has ample room for bed and sitting area with a small kitchen, full bath and closet.

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Two Master Suites & Private Guest Suite

The expansive and private grounds are beautifully landscaped creating the perfect oasis. The covered loggia and dining pavilion have electric screens for entertaining and enjoying tranquil water views of Polo Cove, the Intracoastal Waterway and picturesque sunsets. The custom heated pool with spa is surrounded by an open terrace for lounging with an outdoor shower for convenience. The lush, green lawn rolls gently down to the 150 feet of protected waterfrontage and deep-water dock with electric and water. Yachtsmen will appreciate boating along the Intracoastal Waterway and heading out to the high seas via the nearby inlet.

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Custom Pool with Spa & Landscaped Grounds

The spacious laundry room has a full-size washer and dryer and lots of cabinets for storage. The three-car garage, side driveway and front circular drive provide ample parking for residents and guests alike. Luxury amenities include full-house generator, impact glass windows and doors, elevator and surround sound throughout. Additional features include tumbled Jerusalem marble and hardwood floors, electric screens for outdoor dining, cypress ceilings, outdoor shower and manicured landscape with private walk-ways. Absolutely spectacular from start to finish, 3232 Polo Drive in Gulf Stream, Florida is the perfect beach area estate for living the luxury lifestyle. See Property Details

Ready to schedule a tour of this home and make an offer? Contact exclusive listing agents, Nicholas Malinosky and Randy Ely to discuss this incredible waterfront opportunity.

Four Waterfront Homes Totaling $16.45M Hit South Florida Market

August 28, 2017

Four waterfront homes totaling $16.45M just hit the South Florida market. The four hottest homes to hit the Palm Beach County luxury real estate market this week are located in Gulf Stream, Ocean Ridge and Manalapan. Exclusively listed by Douglas Elliman, all four properties are waterfront estates boasting exceptional water views and custom finishes. Whether you are searching for a property that is perfect for entertaining, relaxing or boating, these homes are sure to satisfy your wishes.

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3232 Polo Drive, Gulf Stream, Florida Listed at $5.95M

Looking for the best waterfront value in the beach area? Look no further than this expansive lot with 150 feet of deep water dockage. Located in the heart of Gulf Stream is Polo Cove, one of Palm Beach County’s most exclusive and sought-after waterfront locations. The five-bedroom, 7,486 square-foot home is in immaculate, like-new condition and has some of the finest custom mill work, craftsmanship and finishes the industry offers. Nano-walls throughout the home invite the outdoors in and provide picturesque views of the waterway along with lush tropical landscaping providing extreme privacy. See Property Details

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50 Spoonbill Road, Manalapan, Florida Listed at $3.875M

A private oasis with 100+ feet of waterfrontage & spectacular sunsets awaits in the exclusive waterfront Town of Manalapan. Enjoy modern luxury in this six-bedroom sanctuary with two master suites and VIP suite. This estate is beautifully enhanced with hardwood & terrazzo floors, Farrow & Ball wallpaper, Dornbracht & Kallista hardware, Ann Sacks tiles, rare imported marbles and custom Poliform closets. Looking for an added bonus? Complimentary membership to LaCoquille Club at the celebrated Eau Palm Beach Resort & Spa, formerly the Ritz Carlton Palm Beach. See Property Details

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13 Ocean Harbour Circle, Ocean Ridge, Florida Listed at $3.375M

A fabulous seaside Escape can be enjoyed at this stunning waterfront home located in the seaside Town of Ocean Ridge, Florida. One block from the beach and nestled in Ocean Harbour Estates, a gated and private enclave of 15 luxurious custom waterfront homes. Bathed in natural light with picturesque water views, the exquisite residence boasts 7,000+ total square feet, four bedrooms plus office, lavish amenities and custom finishes. Boaters will appreciate the 87 feet of waterfrontage with 75+ foot private dock and ocean access via the nearby inlet. See Property Details

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124 Marlin Drive, Ocean Ridge, Florida Listed at $3.25M

The perfect luxury beach house reflecting a casual elegance is in the seaside Town of Ocean Ridge. Boaters & anglers alike will appreciate the 100′ of waterfrontage, brand new concrete dock with boat lift and ocean access minutes away. With 5,600+ total square feet, the generous floor plan invites the outdoors in with glass sliders opening to the covered loggia and expansive patio complete with pool & spa. This four-bedroom luxury home is the quintessential beach house for enjoying sun and fun in a private setting. See Property Details

Interested in learning more about the newest million-dollar listings? Contact exclusive listing agents, Nicholas Malinosky and Randy Ely; your South Florida Luxury Real Estate Specialists. Check out Randy & Nick’s Exclusive Listing Inventory and start enjoying the South Florida luxury lifestyle!

Palm Beach Real Estate Surge

July 27, 2017

What do black motorcades, international news coverage, and breezy palm trees have in common? Donald Trump in Palm Beach.

President Trump has spent 25 days at Mar-a-lago, known to many as the Winter Whitehouse, so far this year. Is it a coincidence that the number of single-family homes sold has increased by 50% and the median price of a luxury estate on Palm Beach Island has jumped 57% from the previous year reaching $15.827 million in the second quarter of 2017. It’s impossible to know whether Palm Beach’s hot real estate trend is continuing due to the national exposure brought by President Donald J Trump or if luxury buyers just want to be in paradise for the South Florida winter season.

Douglas Elliman CEO Jay Parker commented on the market, ‘œOne of the results of Trump winning is the exposure that he inadvertently brings to the island of Palm Beach’. Regardless, no one is complaining.

Many foreign buyers are said to have spent $190 million in Palm Beach County in 2016, a 19% increase from the prior year. Could this be due to the international exposure brought by the Presidents visits? ‘œPalm Beach is Palm Beach ‘” you cross that bridge and you’re just in paradise’, says Janice Fox a Canadian real estate agent. She believes Donald Trump’s presence is ‘œirrelevant’.

To learn more about the Palm Beach luxury real estate market and lifestyle, feel free to contact Nicholas Malinosky with Douglas Elliman.