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Bacardi Heiress Selling $25 Million Miami Mansion

October 18, 2017

Welcome inside the Bacardi Heiress $25 million Miami mansion. Completed in May 2016, ‘Casa Constanera’ is located at 300 Constanera Road in Coral Gables, Florida. According to a post on CNBC, ‘Hilda Maria Bacardi, a relative of Bacardi founder Don Facundo Bacardi Masso, spent eight years meticulously choosing every detail of her mansion.’ The mansion will be featured on CNBC’s ‘Secret Lives of the Super Rich’ on Thursday, October 19. See CNBC post

Listed by Douglas Elliman, the mansion boasts over 480 feet of waterfrontage on 1.3 acres with a residence featuring 12 bedrooms and over 34,000 total square feet. The waterfront mansion is listed by Elliman agents Barbara Estela and Hilda Jacobson. See Property Details

Are you interested in buying a South Florida mansion? Contact Douglas Elliman agents, Nicholas Malinosky and Randy Ely to discuss the possibilities.

Check out their current exclusive listing inventory including these oceanfront mansions:
6161 North Ocean Boulevard in Ocean Ridge, Florida listed for $24.95M
3545 North Ocean Boulevard in Gulf Stream, Florida listed for $20.95M

Nicholas Malinosky and Randy Ely also have several off-market opportunities available. Contact them today to get the conversation started.

Photo: Elliman.com

Blog, News Press

Douglas Elliman Unveils New Luxury Blog: EllimanInsider

October 17, 2017

Douglas Elliman has unveiled a new blog, EllimanInsider. This exciting blog is dedicated to luxury real estate and will feature neighborhood trends, market insights and design inspirations across their nationwide markets. With a clean design and easy-to-read format, the blog promises to be a favorite spot to visit for sellers and buyers alike. Check it out and see for yourself..

EllimanInsider is just one more resource Douglas Elliman offers. From stunning publications to the global connection through Knight Frank Residential, Douglas Elliman provides the company’s agents the very best tools to market and sell luxury real estate.

Nicholas Malinosky and Randy Ely are pleased to serve as the Executive Directors of Luxury Sales for Douglas Elliman’s Delray Beach office. Please contact Randy & Nick to discuss the luxury real estate market.

Blog, News Press

Douglas Elliman Expands to Boston Luxury Real Estate Market

September 29, 2017

Douglas Elliman announced yesterday that it is acquiring the Boston luxury firm, Otis & Ahearn. The transaction is expected to be closed next month and will give Douglas Elliman an additional three office in Boston and one in Charlestown with 30 sales associates specializing in the markets from Back Bay to the Boston Gold Coast.

Founded in 1978 by Kevin J. Ahearn, Otis & Ahearn enjoys a major presence in Boston’s real estate market with sales that include luxury homes and new development condos along the downtown waterfront. Ahearn who will be named CEO of Douglas Elliman’s Boston division, said ‘œthere is no other company that could match the national and international reach that our agents and clients will gain from this union. The Douglas Elliman umbrella will help propel our agents to new, untold levels of success.’ See PR Newswire article

Douglas Elliman Chairman Howard Lorber told the Boston Globe that the acquisition will give DE the chance to market the city’s growing inventory of new condominium developments. ‘œWe thought it was a natural, and we wanted to wait for the right opportunity,’ Lorber told the Globe. ‘œWe try to enter markets where we think we can make a real dent in new development.’ See Boston Globe article

The acquisition is the latest in Douglas Elliman’s ongoing expansion. Last month, Douglas Elliman acquired Teles Properties, a Los Angeles based company with 20 offices in California and five in Colorado. See Long Island Business News article

How does Douglas Elliman’s nationwide expansion effect sellers in South Florida? It provides the strongest global exposure under one organization. An oceanfront home listed in the Palm Beaches is immediately showcased to thousands of agents across the nation and high-end buyers are readily accessible through well-organized networking efforts across the globe. Nicholas Malinosky and Randy Ely are pleased to be with Douglas Elliman’s Delray Beach office. Mr. Malinosky and Mr. Ely are ready to help you achieve your luxury real estate goals. Contact them today.

Photo: otisahear.com

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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!

Blog, News Press

What Does a Villa Built for a Dubai Royal Look Like?

August 23, 2017

Take a look inside this 46,000 square foot luxury villa complete with luxury amenities including 11 bedrooms, 15 bathrooms, indoor and outdoor pools, a 16-seat movie theater, breathtaking views of the best stretch of beachfront available for a private residence in Dubai, and a nightclub with room for 200 guests. According to Mansion Global, ‘The villa also comes with a very rare asset in this part of the world’ approval to put in a mooring for a boat, something that is not usually permitted in Dubai’.

The neighborhood is full of high-end establishments such as Nobu and Locatelli located in the Atlantis hotel, a W Hotel coming soon, and a $4.5 million square foot shopping mall currently under construction that will feature five stories of luxury shopping and rooftop restaurants.

It may be not a surprise that the Dubai Royal family never lived in the home, but used it for guests and entertaining. Built in 2007, the villa is built more like a hotel than a private residence with specific service entrances and complete maid quarters for 10 staff members. The villa is currently on the market for $200 million (AE Dollar) / $54.5 million (US Dollar). See Mansion Global article

Looking to buy or sell a property fit for a royal? Douglas Elliman Delray Beach Executive Directors of Luxury Sales, Nicholas Malinosky and Randy Ely can assist you with your real estate goals. With several record-breaking sales to their credit, Nick and Randy know the intricacies of marketing and selling South Florida properties that are “fit for a king”. Together, these two industry leaders are Redefining Luxury Real Estate. Please feel free to contact Nick Malinosky and Randy Ely to discuss the current luxury market.

Photo: Mansion Global

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Greystone Court Castle Just Outside New York City is for Sale

August 21, 2017

Greystone Court Castle is unique fortress located just 20 minutes from New York City; and it’s for sale. With sprawling views of the Hudson River and lush countryside, the majestic castle is a rare find indeed. Zillow reporter, Lindsay Cohen recently spent two days at the castle and shared the experience with Zillow Porchlight.

Kohle Yohannan has owned Greystone Court since 2001 and has lovingly restored the castle to its current splendor. Built over 150 years ago, the stately residence features 28 rooms with some imported directly from Europe during the 1800’s. Other stunning features include Tiffany windows, a 17th-century ceiling, hand-carved woodwork, a Turkish Room with upholstered walls, a spacious ballroom, and observatory overlooking the Hudson River. When asked about the renovation, Yohannan remarked, ‘œIt needed some love,’ he says, nonchalantly, of the house. ‘œBut there was always a sense that it was important work. It was worth the sacrifice. Hundreds of thousands of hours went into creating this: the carvings, the people who danced and cried and wept underneath these ceilings. The human patina is in this building.’

The castle has been featured in several movies, TV shows, photo shoots and even a music video. According to the article, Prince once considered purchasing the property.

With six bedrooms, seven bathrooms, 11 fireplaces and 13,500 square feet, the residence is currently on the market for $3.495 million. Douglas Elliman agent Terhi Edwards says it’s a bargain and thinks the next owner could use the property as an art gallery, a music studio or maybe even a unique concert hall. ‘œI think the business part is great ‘” and also the history, what this whole place is. I sometimes think of people who lived here. It’s an amazing place.’ See Zillow Feature

What more information about this exciting opportunity to own a castle? Contact Douglas Elliman agents
Nicholas Malinosky and Randy Ely for more details about the luxury real estate market.

Douglas Elliman agents enjoy a valuable networking channel that spans the nation and beyond with 7,000 agents in approximately 110 offices in Manhattan, the Hamptons, Greenwich, Miami, Palm Beach, Aspen and Beverly Hills to name a few. Contact Nicholas Malinosky and Randy Ely to discuss your real estate goals.

Photo: Zillow

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$350 Million Megamansion Is Most Expensive Listing in U.S.

August 17, 2017

A Bel Air home was just listed for $350 million making it the most expensive listing in the U.S. According to Global Mansion, Chartwell, a 1930’s chateau that belongs the family of the late billionaire Jerry Perenchio, went on the market August 7 as the highest price listing in the nation.

Other nine-digit listings include Opus, a Beverly Hills spec home listed for $100 million. The developer, Nile Niami plans to unveil another megamansion next year that will be listed at $500 million. Formula One heiress Petra Stunt is selling her home in Holmby Hills for $200 millio and the Playboy mansion sold for $100 million last year.

How do the select few luxury listing agents with homes in this price range market the one-of-a-kind mansions and find a billionaire buyer? Douglas Elliman CEO, Scott Durkin who is quite comfortable around major luxury sales was asked about selling megamansions. Durkin commented, ‘œThe marketing of a home of that price range requires you to completely wipe your board clean. Getting the home the most exposure you possibly can and targeting the audience, that’s really the goal. Once you’re north of nine digits, you can’t just wait for the phone to ring.’ Douglas Elliman brokered the most expensive Manhattan penthouse last year for $87.7 million as well as other nine-figure listings in New York City and the Hamptons.

Los Angeles’ finest luxury brokers share their marketing strategies and success stories in the Global Mansion article. See full article

Douglas Elliman Delray Beach Executive Directors of Luxury Sales, Randy Ely and Nicholas Malinosky are quite familiar with marketing and selling opulent oceanfront mansions in South Florida. With over 40 years combined experience and a sole focus on the beach area, Nick and Randy know that luxury oceanfront estates require a unique and thorough marketing strategy.

Randy & Nick are the exclusive listing agents for the most expensive listing to ever hit the Ocean Ridge luxury market. Check out this oceanfront mansion which is slated for completion this fall:
6161 North Ocean Boulevard, Ocean Ridge listed at $24.95 million See details

Please contact Nick Malinosky and Randy Ely for more details about this oceanfront mansion or to discuss the current luxury market.

Photo: Mansion Global

Blog, News Press

Knight Frank Reports on Luxury Real Estate Around the Globe

August 15, 2017

According to a Knight Frank, luxury residential real estate prices are on the rise in cities around the globe including Madrid, Berlin, Paris and Dublin. On the other hand, prices in China’s top cities declined. Knight Frank’s 2017 second quarter report tracks 41 cities worldwide.

According to Mansion Global, ‘œThe Knight Frank Prime Global Cities Index, which tracks luxury residential markets’”defined as the top 5% the housing market in each city’”rose 4.4% year-over-year by the end of June.’

European cities have seen a resurge in luxury residential prices. According to the Knight Frank report, ‘œFears surrounding the upcoming Brexit have, in part, led to a recognition of Europe’s comparatively affordable luxury markets’.

Other key facts:
San Francisco had the highest price growth among the four tracked US cities
Guangzhou leads the ranking with an annual growth of 35.6% in luxury real estate prices
Luxury prices in Hong Kong rose 36.2%
See Global Mansion article

Would you like to discuss South Florida’s luxury real estate market? Contact Nicholas Malinosky and Randy Ely with Douglas Elliman to discuss the current real estate market beach area.

Photo: Mansion Global/Nisa Maier/Getty Images

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World’s #1 Male Tennis Player Sells Miami Condo

August 12, 2017

The world’s number 1 ranked male tennis player, Andy Murray just sold his Miami apartment for $2.375M. According to a Global Mansion article dated August 1, 2017, the condo sat on the market for over two years with numerous price reductions. The 3,415 square-foot condo is located on Brickell Bay Drive and has four bedrooms, five bathrooms and a game room.

The buyer’s agent commented, ‘œThe buyer is at.tracted by the unobstructed views, the luxury amenities of the building and its walkability to the happening scenes in Miami’. See Global Mansion article

Thirty-year-old, Andy Murray is the only two-time Olympic tennis champion. Murray purchased the unit in 2008 for $1.575.

Interested in buying a luxury oceanfront condo? Check out Nicholas Malinosky’s exclusive listing at Las Olas Beach Club in Fort Lauderdale:
101 South Fort Lauderdale Beach Boulevard #1903 offered for $2.35 million.

Photo: Global Mansion

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The Most Interesting Listing in the World? This Waterfront Bubble Palace on the French Riveria

August 11, 2017

‘œAmidst the dazzling chateaus and swanky seaside resorts along France’s Côte d’Azur, this on-the-market stunner is bursting with originality.’
This Côte d’Azur palace named ‘œThe Palais Bulles’ or ‘œBubble Palace’ sits high above the Mediterranean coastline overlooking ‘œumbrella-dotted beaches and the glittering blue sea’. A true architectural wonder designed by architect Antti Lovag is listed by Christies’ International Real Estate for an undisclosed price.

With 90,000 square feet of land, a 500 seat amphitheater, almost 13,000-square-feet, a panoramic lounge, a large reception room, 10 bedroom suites, and expansive views of the ocean from almost every room, this unique gem is one of a kind. Even the furniture and details mimics the curvy architectural design with circular beds, sofas, spiral staircases, spherical rooms, and arching doorways.

Close to major destinations such as Cannes and Antibes, Bubble Palace is a perfect spot for ritzy, high profile celebrations as there is extreme privacy with no nearby neighbors and gorgeous, unobstructed views of the French Riveria.

Check out the Coastal Living link from Coastal Living to see more photos and video showcasing Le Palais Bulles. See Coastal Living Link

Interested in buying an oceanfront residence? Check out two of Nicholas Malinosky and Randy Ely’s Exclusive Listings:
6161 North Ocean Boulevard, Ocean Ridge listed for $24.95 million
3545 North Ocean Boulevard, Gulf Stream listed for $20.95 million

Contact Nick and Randy with Douglas Elliman to discuss your luxury real estate goals.