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Another Highland Beach Waterfront Home Sold by Nick Malinosky and Randy Ely

June 14, 2016

South Florida Luxury Real Estate News: Nicholas Malinosky and Randy Ely sold another waterfront home. The direct Intracoastal estate located at 2352 South Ocean Boulevard, Highland Beach sold on June 10, 2016. The property was listed exclusively listed by Nick Malinosky and Randy Ely of the Douglas Elliman Real Estate and offered for $4.795M. Mr. Malinosky and Mr. Ely were pleased to market this amazing property and accomplish a sale for their client in just 77 days.

This direct Intracoastal estate is located on the west side of A1A in Highland Beach with 80 feet of direct waterfrontage. Complete with pool, dock and private beach access, this contemporary Mediterranean residence enjoys an open floor plan and natural light showcasing the spectacular water views throughout. See Property Details.

Nicholas Malinosky and Randy Ely specialize in the beach area and are ready to help you achieve your luxury real estate goals.

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. Here are just a few for your viewing pleasure:

Looking to buy an oceanfront or waterfront estate?
1255 North Ocean Boulevard, Gulf Stream listed at $17.995M
3232 Polo Drive, Gulf Stream listed at $7.45M
124 Marlin Drive, Ocean Ridge listed at $3.495M
920 Gardenia Drive, Delray Beach listed at $2.695M
3 Waterview Drive, Ocean Ridge listed at $1.895M

Dreaming of owning a brand new East Delray Beach residence?
1002 Seasage Drive, Delray Beach listed at $6.975M
617 Palm Trail, Delray Beach listed at $5.95M
1046 Melaleuca Road, Delray Beach listed at $4.35M

Searching for the perfect beach area home?
1230 North Ocean Boulevard, Gulf Stream listed at $6.995M
3809 Bermuda Lane, Gulf Stream listed at $4.295M
70 Curlew Road, Manalapan listed at $3.995M
1215 Southways Street, Delray Beach listed at $2.195M
1202 Vista del Mar, Delray Beach listed at $1.795M

Ready to purchase a luxury townhouse or condo?
58 Seabreeze Avenue, Delray Beach listed at $2,249,500
4450 North Ocean Boulevard #B, Gulf Stream listed at $1.45M
86 MacFarlane Drive #8A, Delray Beach listed at $1.095M

Contact Mr. Malinosky to tour one of these luxury properties or to place an offer.

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

Blog, News Press

Buying a Second Home is the New Staycation Trend

May 31, 2016

According to the Wall Street Journal, some homeowners are buying second homes in their city of residence for fabulous staycations. With hectic work schedules and the hassle of traveling long distances, the option of driving within an hour to a second home for a getaway is quite appealing to some people.

The article features homeowners who are enjoying their second home staycations in big cities like New York City, Miami and Los Angeles. The second residence can also be used for overflow guests and late-night evenings out.

Typically, the second home is a total departure from the design and feel of the primary residence. The vibe is for getting away and unplugging without the hassle of travel delays. Keeping clothes and necessities at the second residence means no packing or unpacking. Casual clothes for a beach house and evening wear for a condo in the heart of the night life. See WSJ article by Candace Taylor

Would you buy a second home for enjoying getaways? Do you think a staycation sounds exciting? Nicholas Malinosky and Randy Ely can help you find the perfect beach area residence for a getaway location.

86 MacFarlane Drive #8A in Delray Beach is the perfect beach condo listed at $1.095M
4450 North Ocean Boulevard #B in Gulf Streamh is a wonderful townhouse across from the beach listed at $1.45M
1202 Vista del Mar in Delray Beach is the perfect staycation home just six houses from the beach listed at $1.795M
1215 Southways in Delray Beach is a fabulous and private pool home one block from the beach listed at $2.195M.
58 Seabreeze Avenue in Delray Beach is a spacious townhome with pool just one block to Atlantic Avenue and the beach listed at $2.249.5M

Ready to buy that second home and plan your staycation? Please contact Mr. Malinosky and Mr. Ely – the #1 Luxury Team in the Beach Area ‘“ to discuss the possibilities.

Blog, News Press

East Delray Beach Condo with Ocean Views Reduced $100K

May 31, 2016

An East Delray Beach Luxury Condo with ocean views was just reduced by $100,000. The condo located at 86 MacFarlane Drive #8A, Delray Beach, Florida now has an asking price of $1,095,000 as per Beaches Multiple Listing Service (MLS).

This East Delray Beach 8th Floor unit has been completely remodeled and professionally designed with ocean, Intracoastal and city views. Filled with natural light and professionally designed to reflect the sparkling coastal views, this 8th floor southeast and southwest facing corner unit is picture perfect. Every inch of the interior has been beautifully remastered with European French oak wood floors, white walls, clean lines, Carrera marble accents and endless water views all creating a stunning seaside condo.

Bar Harbour is an exceptional condominium with remarkable amenities including direct Intracoastal pool with barbeque area, private storage locker, exercise room, library, club room, common laundry, bike storage, trash chute, covered parking spot and a guest suite on the first floor available for out-of-town guests. This Bar Harbour unit has been completely remodeled and professionally designed to create the perfect seaside condo to call home. Come enjoy the luxury lifestyle in this picture perfect unit. Please see Property Details.

The rarely available condo 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.

Blog, News Press

Douglas Elliman Real Estate Sealed More Deals Than Any Other Real Estate Firm in Manhattan

May 21, 2016

This month The Real Deal Magazine announced that the Douglas Elliman Real Estate sealed more deals than any other real estate firm in Manhattan. Douglas Elliman Real Estate hit the No. 1 spot with $6.13 billion in sales over the last year. This number is up 43 percent from the previous year and represents $700 million more than the nearest competitor.

According to E.B. Solomont’s article, ‘œThe Real Deal based its rankings on closed transactions in Manhattan for which the firm held the exclusive listing during the 12 months that ended on February 29. It does not include buy-side deals.’ The Top 25 firms closed more than $20.8 billion worth of transactions during the 12 month period.

The writer credits the increase in sales volume to the influx of new condo sales. The many deals that were written pre-construction and have been under contract for months and even years are finally closing. Solomont also notes that an increase in prices over that last few years means that fewer sales resulted in a higher sales volume. See full article for details

South Florida Douglas Elliman Real Estate agents Nicholas Malinosky and Randy Ely are not surprised by the good news. Mr. Malinosky and Mr. Ely know that their fellow Manhattan Corcoran colleagues are the top agents in the industry. It is no secret that Douglas Elliman Real Estate agents achieve record breaking sales year after year in the luxury real estate markets of South Florida and New York.

Ready to work with the #1 Luxury Team in the Beach Area? Nicholas Malinosky and Randy Ely are available to help you achieve your luxury real estate goals.

Blog, News Press

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.

Blog, News Press

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.

Blog, News Press, Real Estate

Highland Beach Luxury Real Estate News: 2352 South Ocean Boulevard is Under Contract

May 13, 2016

Big news for the Highland Beach Luxury Real Estate Market: Nicholas Malinosky and Randy Ely just put 2352 South Ocean Boulevard, Highland Beach. Beaches Multiple Listing Service reflected a ‘œpending’ status for this property as of today.

This direct Intracoastal estate is located on the west side of A1A in Highland Beach with 80 feet of direct waterfrontage. Complete with pool, dock and private beach access, this contemporary Mediterranean residence enjoys an open floor plan and natural light showcasing the spectacular water views throughout. See Property Details.

Looking to buy an oceanfront or waterfront estate in the beach area? Nicholas Malinosky and Randy Ely have several luxury residences available in their exclusive listing inventory. Here are just a few for your viewing pleasure:
1255 North Ocean Boulevard, Gulf Stream listed at $17.995M
3232 Polo Drive, Gulf Stream listed at $7.45m
1002 Seasage Drive, Delray Beach listed at $6.975M
617 Palm Trail, Delray Beach listed at $5.95M
124 Marlin Drive, Ocean Ridge listed at $3.495M
920 Gardenia Drive, Delray Beach listed at $2.695M
3 Waterview Drive, Ocean Ridge listed at $1.895M

Contact Mr. Malinosky to see one of these luxury waterfront residences or to place an offer.

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

Blog, News Press

East Delray Beach Luxury Real Estate News: Brand New Home Reduced $600K

May 11, 2016

The newly completed beach area estate located at 1046 Melaleuca Road, Delray Beach, Florida was just reduced from $4.595M to $3.995M. The $600K price reduction is reflected in the Beaches Multiple Listing Service as of May 11, 2016.

The Brand New Construction by Marc Julien Homes is located in the Seagate Estate Section of Delray Beach just three blocks from the ocean and minutes to Atlantic Avenue. The property sits on a rare and very large estate lot with 110 feet frontage on the street and 150 feet of depth on Melaleuca Road, one of the most beautiful streets in the beach area. Boasting over 7,100 total square feet, this California contemporary four bedroom residence has it all. From the custom features and open floorplan to the superb location, this beach area estate is truly one of a kind. Please see Property Details .

Exclusively listed by Nicholas Malinosky and Randy Ely of the Douglas Elliman Real Estate, this listing represents great value in the beach area. Ready to schedule a showing? Want to make an offer? Please contact Nicholas Malinosky and Randy Ely today.

Blog, News Press, Real Estate

Palm Beach Luxury Real Estate Winter Season in Review

May 6, 2016

According to a Palm Beach Daily News Article by Darrell Hofheinz, the Palm Beach Luxury Real Estate Winter Season ‘œwasn’t explosive but it was active as buyer and sellers met in the middle over prices.’ Hofheinz notes that the real estate market found ‘œmore solid ground’ over the last seven months. He further explains that ‘œregaining balance was a recurring theme in conversations’ amongst those who work in the business.

Palm Beach’s winter real estate season was busy but not ‘œfrantic’ and saw more sellers entering the market. According to article, listings have increased from 136 a year ago to 167 currently listed in the Palm Beach Board of Realtors Multiple Listing Service (MLS).

When asked about the winter season, Bill Yahn who serves as Douglas Elliman Real Estate’s Regional Senior Vice President South Florida said ‘œit’s merely a sign that the market has become more sustainable. This is common. We’ve seen it before. Prices move up, and it’s a buyer’s market ‘“ and then it levels off. And we find parity between buyers and sellers.’

Hofheinz reminds readers of several factors that marked the winter real estate season. The stock market, the presidential-election season, the earlier weak Canadian dollar, a mild winter in the North, and the early end of the season with Easter falling on March 27.

Either way, brokers are ‘œexpecting sales to continue apace through May and even into early season’. One Palm Beach Broker is quoted as saying, ‘œWe’re going to look back at 2016 and say it was a strong season. But it’s a late bloomer.’ See Full Article

Ready to discuss the current luxury real estate market? Contact Randy Ely and Nicholas Malinosky about the value of your luxury residence or for a complete list of luxury homes that are currently for sale. Mr. Ely and Mr. Malinosky are ready to help you achieve your luxury real estate goals.

Blog, News Press, Real Estate

Palm Beach Luxury Real Estate Market Biggest Sales of the Season

May 2, 2016

According to a May 1, 2016 post on The Palm Beach Daily News/The Shiny Sheet, the Palm Beach luxury real estate season enjoyed some large sales.

The article by Darrell Hofheinz features the largest waterfront sales in Palm Beach with nine sales over $15 million that closed between mid-September and April 30. According to the article, there were only five transactions in this category during the previous season. Hofheinz further states that the list offers proof that ‘œPalm Beach buyers appear more willing to reach deeply into their wallets for properties they consider worth the price.’ See Full Article.

The Douglas Elliman Real Estate was involved in the top four sales of the Palm Beach luxury real estate season. Here is a brief overview of the sales listed from highest to lowest:
$43.7 million – 1695 North Ocean Way (both sides Douglas Elliman Real Estate ‘“ Jim McCann list/Suzanne Frisbie sell)
$39 million ‘“ 89 Middle Road (co-listed by Brown Harris Stevens and Douglas Elliman Real Estate agents Dana Koch and Paulette Koch)
$32 million ‘“ 225 Indian Road (both sides Douglas Elliman Real Estate ‘“ Suzanne Frisbie)
$31.4 million ‘“ 390 North Lake Way (listed by Douglas Elliman Real Estate/Jim McCann)
$23.95 million ‘“ 720 South Ocean Boulevard
$20.76 million ‘“ 240 Banyan Road
$18.14 million ‘“ 757 Island Drive
$18 million ‘“ 473 North County Road
$17.6 million ‘“ 101 El Brillo Way

Randy Ely and Nicholas Malinosky congratulate their fellow Douglas Elliman Real Estate colleagues and friends on a successful season and another year dominating the Palm Beach Luxury Real Estate Market.

Interested in the current luxury real estate market? Planning on buying or selling an oceanfront estate, Intracoastal residence or beach area home? Randy Ely and Nicholas Malinosky are ready to help you achieve your luxury real estate goals.

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