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Gulf Stream Townhouse Hits the Beach Area Luxury Real Estate Market

February 29, 2016

A Gulf Stream Townhouse just hit the beach area luxury real estate market. The townhouse located at 4450 North Ocean Boulevard #B, Gulf Stream, Florida was entered in the Multiple Listing Service on February 29, 2016 with a list price of $1.45M. This fabulous new listing is also featured on RandyandNick.com, Corcoran.com, Zillow, Trulia and Realtor.com.

Newly completed, this townhouse is in like new condition in a private complex of only three units. Conveniently located across A1A from the beach, the location provides easy access to the shops and restaurants of Delray Beach and Palm Beach, major highways and international airports. Filled with natural light and complete with golf course and ocean views, this townhouse has it all with many custom upgrades and modern amenities. Features include living room; dining room; office; powder room; kitchen with granite counters, white cabinetry, custom backsplash, microwave drawer and electric cooktop; spacious family room complete with wet bar, refrigerator, microwave and electric cooktop; two guest rooms on the second floor with one full bath; large, open balcony; third floor guest room with full bath; and the master suite which offers a private balcony and master bath with marble floors, generous closet, large shower, separate tub, dual sinks and water closet with commode and bidet. Designer finishes include marble floors, hardwood floors, crown molding and baseboards. Other features include ground floor patio, two-car garage, elevator, impact windows and doors, outdoor shower, central vacuum, electric water heater, internal fire sprinkler system, multi-level living areas, abundant storage and more. Boasting over 4,500 total square feet, this townhouse lives like a single-family home with all the conveniences of condo living. The maintenance fee includes lawn and exterior care for worry-free living. Come experience the luxury lifestyle in this fabulous townhouse which is in pristine condition. An incredible opportunity in the beach area. Please see Property Details .

This amazing townhouse is exclusively listed by Randy Ely and Nicholas Malinosky 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 Randy Ely and Nicholas Malinosky, the #1 Luxury Team in the Beach Area.

Blog, News Press, Real Estate

Miami is a Billionaire Homebuyer’s Paradise

February 23, 2016

According to a February 21 post on The Real Deal South Florida, Miami is the billionaire homebuyer’s paradise. With mansions priced over $20 million, condos with private rooftop pools and spec houses with extras galore, Miami has attracted foreign buyers who have poured cash into the local real estate market for years.

A recent report from RealtyTrac stated that real estate transactions in South Florida hit a record in 2015 with 114,002 closed sales (includes single-family homes and condos). Luxury real estate broker, Oren Alexander of Douglas Elliman told Business Insider that ‘œit’s a buyer’s market’ and ‘œthere’s no bigger transfer of wealth than from New York to Miami right now’.

Even amidst talk of a slower influx of foreign capital and stricter regulations on all-cash anonymous real estate transactions, the convenience and benefits of the Miami area ‘œjust can’t be beat’ according to Alexander. ‘œCelebrities and hedge funders have certainly caught on, fueling the continued development and constant sales.’

The Real Deal article introduces some of Miami’s noteworthy and high-end properties that create the beach paradise along South Florida’s coastline. See Full List of Miami’s Luxury Properties

The Ritz-Carlton Residences at Sunny Isles Beach is a 52-story tower scheduled to be completed in 2018. The penthouse has already sold for upward of $21M and 60% of the units are spoken for.

The Reidences by Armani Casa also at Sunny Isles Beach is a 60-floor tower with a penthouse that is listed for $15M complete with a trip to Italy to meet designer Giorgio Armani. The 308 units start at $1.85M and Curbed Miami reports that more than half have already sold.

The waterfront estate at 252 Bal Bay Drive is developed by Oren Alexander and his father, Shlomy. Priced at $36M, the residence can also include a Jaguar and yacht. The last spec home developed by the Alexander team at 3 Indian Creek sold for $47M in 2012, setting a record at the time.

Indian Creek Village is located in the enclave known to locals as Billionaire’s Bunker. The 35 homes have an average value of more than $21M and are owned by the likes of a business tycoon, hedge funder and supermodel.

The oceanfront condo known as 87 Park is scheduled for completion in 2018 with penthouses expected to sell for as much as $45M.

Pine Tree House is a brand new spec home with a two-story water slide attached to the house. The $34M property offers six bedrooms and 13,500 square feet with 100 feet of waterfrontage onto Indian Creek Canal.

Miami Beach’s 18-story Faena House was built last year and includes a penthouse for a record-setting $55M. The beachfront condo tower offers valet and concierge service, two pool and a spa and fitness center with ocean views.

One Thousand Museum is a 62-story luxury condo complex currently being designed in Miami’s Museum Park. The six-bedroom penthouse is priced at $50M and includes a private indoor pool and elevator. All residents will be able to use the rooftop helipad and top-floor lounge.

One River Point is the latest of the Miami River luxury developments. The penthouses are listing for over $14M with a 15,000 square-foot ‘œsky villa’ priced at over $35M.

Brickell Heights is another double-tower condo development in Miami’s financial district. Due for completion in 2017, it offers an Equinox gym, SoulCycle studio and community vegetable garden. A three-bedroom unit will cost a couple million.

A new contemporary mansion on Key Biscayne comes in just under $30M. The 10,000 square-foot, seven bedroom residence is complete with 100 feet of private sunset-facing beach and Miami skyline views.

If you would like more information about South Florida’s luxury real estate market, please contact Randy Ely and Nicholas Malinosky; the #1 Luxury Real Estate Team in the Beach Area.

Blog, Featured Listings, For Sale, News Press, Real Estate

Brand New and Just Listed 617 Palm Trail, Delray Beach, Florida

February 11, 2016

A brand new direct Intracoastal waterfront estate just hit South Florida’s luxury real estate market. The residence is currently under construction and located at 617 Palm Trail, Delray Beach, Florida. The contemporary waterfront estate was entered in the Multiple Listing Service on February 10, 2016 with a list price of $5.95M. This property is also featured on RandyandNick.com, Corcoran.com, Zillow, Trulia and Realtor.com.

This Coastal Contemporary Waterfront Estate is located in East Delray Beach’s highly desirable Palm Trail neighborhood overlooking a four-acre nature preserve providing serenity and privacy. Brand new 80-foot concrete dock and no-wake zone 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 overlooking the loggia and pool; 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. 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 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, 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 ask for survey, site plan, spec sheet and floor plans. Please see Property Details .

This exciting and contemporary waterfront estate is under construction and exclusively listed by Randy Ely and Nicholas Malinosky of the Douglas Elliman Real Estate.

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

Blog, Featured Listings, For Sale, News Press, Real Estate

3232 Polo Drive, Gulf Stream, Florida Hits the Market

February 11, 2016

A direct Intracoastal waterfront estate just hit South Florida’s luxury real estate market. The residence located at 3232 Polo Drive, Gulf Stream, Florida was entered in the Multiple Listing Service on February 10, 2016 with a list price of $7.95M. This luxurious new listing is also featured on RandyandNick.com, Corcoran.com, Zillow, Trulia and Realtor.com.

This Brilliant West Indies style waterfront estate is situated on 150 feet of direct waterfrontage and provides protected, deep-water dockage with easy ocean access. Offered furnished, the home is in immaculate, brand new condition and has some of the finest mill work, craftsmanship and finishes the industries has to offer. The property was created with an open floor plan and is designed to seamlessly flow from its interior living space to the outdoor elements via open doorways and Nano-Walls throughout. First floor features includes chef’s kitchen, open dining and living rooms with stunning water views, office with fireplace, three full bedrooms including first floor guest master as well as a guest suite with small kitchen. Second floor features one guest bedroom and a phenomenal master suite which includes two private bathrooms and his-and-her closets all of which open up to a beautiful balcony with stunning water views. Other features include elevator, impact doors and windows, cypress ceilings, tumbled Jerusalem marble, hand scraped Santo mahogany, surround sound throughout, three car garage and more. Lush tropical custom landscaping provides extreme privacy set around a calm and protected body of water. Custom pool and spa, outdoor shower, spacious yard, outdoor lanai and dining pavilion with electric screens, private walk-ways, private dock with power and fresh water, and full home generator. This waterfront estate is absolutely spectacular from start to finish.

Please see Property Details .

This amazing Gulf Stream waterfront estate is exclusively listed by Randy Ely and Nicholas Malinosky of the Douglas Elliman Real Estate. REAL Trends/Wall Street Journal, The Thousand ranked Randy and Nick as #1 in Florida and #9 in the nation for Top Team Average Sales Price of $8.17M.

Looking to buy a luxury residence in South Florida’s beach area? Would you like more information about the current Luxury Real Estate Market? Please contact Randy Ely and Nicholas Malinosky, the #1 Luxury Team in the Beach Area.