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Blog, News Press, Real Estate, Sold

Another Delray Beach Luxury Oceanfront Estate Sold by Randy Ely and Nicholas Malinosky

April 29, 2016

Randy Ely and Nicholas Malinosky are pleased to announce that they have sold another direct oceanfront estate located at 1171 South Ocean Boulevard, Delray Beach Florida. According to the Beaches MLS, the property was listed for $13 million and closed on April 28, 2016.

The oceanfront compound adorns the Estate Section of Delray Beach’s Coastline. The completely gated and private estate is nestled off A1A just south of Atlantic Avenue’s shops and restaurants and an easy and scenic drive to Palm Beach and Boca Raton. With 100 feet of direct ocean frontage and over 408 feet of depth, the nearly one acre parcel is the perfect setting for this resort-style residence. Boasting stunning ocean vistas and over 12,000 square feet, features include formal living and dining rooms, gourmet kitchen and open family room with fireplace, first floor master suite with private loggia, home theatre room, paneled office, six additional guest rooms, a third floor observation deck, cathedral ceilings, marble and hardwood floors, and much more. The manicured grounds and custom landscape create the perfect setting for the seaside pool and spa, outdoor dining loggia and open terraces. This private oceanfront mansion is perfect for enjoying the luxury lifestyle. Please see Property Details

The oceanfront residence was exclusively listed by the luxury real estate team of Randy Ely and Nicholas Malinosky. They were very pleased to bring the buyer to the transaction as well. Mr. Ely and Mr. Malinosky are pleased to continue their long established work in the oceanfront market and congratulate the Seller and Buyer on this transaction.

As the #1 Luxury Team in the Beach Area, Randy Ely and Nicholas Malinosky are happy to assist you with your real estate goals. Please contact them today and visit www.RandyandNick.com.

Blog, News Press, Real Estate

Florida Cities Land Top Spots on Luxury Home List

April 13, 2016

Florida cities land the most top spots on the luxury home list according to a Florida Realtors post yesterday. Throughout the nation, luxury home listings and sales grew at a stable rate over the last year as reported by Coldwell Banker Previews International’s latest annual Luxury Market Report.

The report ranked the top 20 cities into two categories (Closed Sales and Listings) with three sub-categories ($1M+, $5M+ and $10M+). Florida cities ranked ‘œin the most top spots for high-priced real estate, with luxury sales posting double-digit growth in Miami, Naples and Palm Beach’. Please see full article.

Among the top 20, Delray Beach, Palm Beach and Boca Raton all made the list:

Closed Sales:
$5,000,000+
#12 ‘“ Palm Beach
#18 ‘“ Boca Raton
$10,000,000+
#10 ‘“ Palm Beach
#17 ‘“ Delray Beach
Listings:
$1,000,000+
#13 ‘“ Boca Raton
$5,000,000+
#12 ‘“ Boca Raton
#13 – Palm Beach
$10,000,000+
#10 ‘“ Palm Beach
#17 ‘“ Boca Raton
Please see complete report .

Interested in buying an oceanfront estate in Delray Beach? A mansion in Palm Beach? That perfect waterfront residence in Boca Raton? Randy Ely and Nicholas Malinosky of the Douglas Elliman Real Estate can help you achieve your luxury real estate goals. Please contact Mr. Ely and Mr. Malinosky, the #1 Luxury Team in the Beach Area.

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

East Delray Beach Townhome Hits the Delray Beach Luxury Real Estate Market

April 12, 2016

An East Delray Beach townhome just hit the luxury real estate market. The fabulous townhouse located at 58 Seabreeze Avenue, Delray Beach, Florida was entered in the Multiple Listing Service on April 12, 2016 with a list price of $2,249,500. This luxurious new listing is also featured on RandyandNick.com, Corcoran.com, Zillow, Trulia and Realtor.com.

Ideally located just one block from Atlantic Avenue and two blocks from the beach, Seabreeze Isles is a lovely and private development made of up only five townhomes. With over 4,600 total square feet and five bedrooms, this spacious townhome lives like a single-family home with the added benefit of worry-free maintenance. The British West Indies exterior is enhanced by the decorative driveway, white fence and manicured landscape. The interior further reflects island living with pecky cypress beamed ceilings and custom accents; tumbled marble floors; custom built-ins; just the right splash of color to accent the abundance of natural light; and stunning views of the expansive and ultra-private grounds and pool. Features include entry foyer, formal living room with fabulous views of the grounds, gourmet kitchen with snack bar and dining area, family room, master suite and four additional guest rooms each with private bath. True tropical living is best enjoyed outdoors thanks to the private, fenced grounds and extraordinary landscape. Exterior features include covered loggia with summer kitchen, pool and spa, decorative patio with dining area and abundant lounging areas. Additional features include first floor powder room, laundry room, custom molding and woodwork throughout, custom screens, impact doors and windows, elevator, three car garage and plenty of room for parking. With the beach and Atlantic Avenue just a block away, this Seabreeze Isles townhome offers the best of both worlds; a private and tropical oasis with an exciting East Delray Beach address. Come experience the luxury lifestyle in this British West Indies townhome.

Please see Property Details .

This Seabreeze Isles Townhome 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 current Luxury Real Estate Market, please contact Randy Ely and Nicholas Malinosky, the #1 Luxury Team in the Beach Area.

Blog, News Press, Real Estate, Sold

Delray Beach Waterfront Estate Sold by Randy Ely and Nicholas Malinosky

April 11, 2016

Randy Ely and Nicholas Malinosky are pleased to announce that they have sold the waterfront estate located at 126 Seabreeze Avenue, Delray Beach, Florida. The transaction closed on April 8, 2016.

This East Delray Beach direct Intracoastal estate is just two blocks from the beach and the shops and restaurants of East Atlantic Avenue. The charming two story home is located on a large corner lot and complete with pool and private dock.

The waterfront estate was listed by Douglas Elliman Real Estate colleague and friend, Wendy Overton for $4.695M. Mr. Ely and Mr. Malinosky were pleased to represent the buyer on this transaction and congratulate their client on his purchase. See Property Details

Looking to purchase a waterfront estate? Randy Ely and Nicholas Malinosky have several luxury waterfront homes in their Exclusive Listing Inventory:
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
2352 South Ocean Boulevard, Highland Beach listed at $4.795M
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

Randy Ely and Nicholas Malinosky are pleased to continue their work in the beach area and congratulate the Seller and Buyer on this transaction.

As the #1 Luxury Team in the Beach Area, Randy Ely and Nicholas Malinosky are happy to assist you with your real estate goals. Please contact them today and visit www.RandyandNick.com.

Blog, News Press, Real Estate

Douglas Elliman Real Estate Celebrates 2015 Record-Breaking Sales of $21 Billion

March 23, 2016

According to a March 22 post on both The Real Deal and New York’s citybizlist, Douglas Elliman Real Estate had its best year yet in 2015 with a record $21 billion in sales volume. The numbers represent a nearly 17% year-over-year increase in nationwide sales volume for the company. See Details

The announcement was celebrated on March 6 in Fort Lauderdale where Corcoran President and CEO, Pamela Liebman accepted four ‘œ2015 Top Performing NRT Company’ awards. See Details

The Douglas Elliman Real Estate operates 40 offices with 2,200 sales associates serving New York and South Florida. Randy Ely and Nicholas Malinosky are agents in the Delray Beach Corcoran office and are pleased to have helped contribute to this award-winning accomplishment.

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

East Delray Beach Bar Harbour Condo Hits the Luxury Real Estate Market

March 17, 2016

A Bar Harbour condo unit just hit the beach area luxury real estate market. The condo located at 86 MacFarlane Drive #8A, Delray Beach, Florida was entered in the Multiple Listing Service on March 16, 2016 with a list price of $1.195M. This stunning condo is also featured on RandyandNick.com, Corcoran.com, Zillow, Trulia and Realtor.com.

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. Features include secure lobby entry with staffed front desk, elevator to unit floor, living room with wall of windows and sliders that open to spacious balcony, dining area and kitchen have a subtle contemporary flair, private master suite and master and second guest room with bath. Completely remodeled, many custom features and upgrades include marble floors, showers and countertops; LED lighting; custom crown moldings and baseboards; custom bathrooms with walk-in showers; impact windows and doors; and in-unit laundry closet with washer and dryer. 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 .

This rarely available condo 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, Sold

Randy Ely and Nicholas Malinosky Just Sold 330 Banyan Road, Gulf Stream

March 10, 2016

Randy Ely and Nicolas Malinosky just sold their exclusive listing at 330 Banyan Road, Gulf Stream, Florida. The Multiple Listing Service (MLS) recorded the listing as ‘œClosed’ on March 10, 2016.

Located on a large corner lot, this Gulf Stream seaside estate is just three homes from the Atlantic Ocean and one block from Gulf Stream School. Professionally decorated by Phoebe Howard and sold furnished, this seaside estate was listed at $4,495M. See Property Details

Mr. Ely and Mr. Malinosky thoroughly enjoyed marketing this luxury property and welcome the buyer to the Gulf Stream neighborhood.

Randy Ely and Nicholas Malinosky are off to a strong start in the 2016 real estate market. They have already sold four luxury residences and have three more properties currently under contract.

As the #1 Luxury Team in the Beach Area, Randy Ely and Nicholas Malinosky are happy to assist you with your real estate goals. Please contact them today and visit www.RandyandNick.com.

Blog, News Press, Real Estate

Two More Beach Area Estates Under Contract by Randy Ely and Nicholas Malinosky

March 7, 2016

Randy Ely and Nicholas Malinosky just put two more properties under contract:
358 North Ocean Boulevard, Delray Beach, Florida and 126 Seabreeze Avenue, Delray Beach, Florida which is listed by Douglas Elliman Real Estate colleague, Wendy Overton.

Mr. Ely and Mr. Malinosky sold three beach area estates since January 1, 2016 totaling over $19 million in sales volume. They were honored to set another direct oceanfront record on February 25, 2016 with the sale of their exclusive listing at 6125 North Ocean Boulevard, Ocean Ridge.

Mr. Ely and Mr. Malinosky currently have four luxury real estate properties under contract with a combined sales volume over $35 million.

Are you ready to sell your oceanfront estate? Interested in buying a direct Intracoastal residence? Want to live in the beach area? As the #1 Luxury Team in the Beach Area, Randy Ely and Nicholas Malinosky are happy to assist you with your real estate goals. Please contact them today and visit www.RandyandNick.com.

Blog, News Press, Real Estate

Wealth and Scarcity of Oceanfront Property Fuels Record Prices

March 4, 2016

According to a March 3, 2016 post on My Palm Beach Post, the $34 million record setting sale of a Delray Beach oceanfront mansion reflects ‘œwealthy buyers’ willingness to pay top dollar for oceanfront property’. This week’s sale of 921 South Ocean Boulevard for $34M is just the latest in a list of record setting oceanfront transactions.

Last week, Randy Ely and Nicholas Malinosky sold their exclusive oceanfront listing at 6125 North Ocean Boulevard at a record setting price $9 million above the previous Ocean Ridge record.

Similar record settings direct oceanfront deals have recently taken place in Manalapan for $33M and Jupiter Island for $38M. Just this week, a Palm Beach oceanfront mansion listed at $59M went under contract.

There is a high demand for brand new oceanfront homes and large direct ocean parcels thus resulting in a limited inventory. When asked about the current oceanfront market, luxury real estate agent Nicholas Malinosky of the Douglas Elliman Real Estate stated that ‘œthe cost of land has gone up, and it’s extremely difficult to find land in Palm Beach County’. As oceanfront real estate experts, the team of Randy Ely and Nicholas Malinosky has set several oceanfront records including the the 2015 sale of 901 South Ocean Boulevard which sold for $19M; the highest price at that time.

The wealthy buyers of these record setting oceanfront mansions have benefitted greatly from the economic growth in recent years. Chief economist for Florida Realtors, Brad O’Connor was quoted as saying, ‘œWe know that the wealthy are doing pretty well right now.’

The question remains: Is there a ceiling on just how high mansion prices can go? Palm Beach County’s mansion record remains untouched since 2008 when Donald Trump sold the property at 515 North County Road in Palm Beach for $95 million. There are several high-ticket active listings that have yet to sell. A Manalapan estate ($195M), the Palm Beach mansion at 1071 North Ocean Blvd ($74.5M), Greg Norman’s Jupiter Island estate ($55M reduced from $65M), and Celine Dion’s oceanfront estate ($45.4M reduced from the 2013 price of $72.5M). See Full Article

Ready to discuss the oceanfront real estate market? Randy Ely and Nicholas Malinosky are ready to help you sell or buy your next luxury real estate property.

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

Blog, News Press, Real Estate, Sold

Another Beach Area Waterfront Estate Sold by Randy Ely and Nicholas Malinosky

March 1, 2016

Randy Ely and Nicholas Malinosky are pleased to announce that they have sold the waterfront estate located at 4325 Tranquility Drive, Florida. The transaction closed on March 1, 2016 and was Mr. Ely and Mr. Malinosky’s second closing in five days.

The Highland Beach waterfront estate located at 4325 Tranquility Drive is tucked off A1A on the exclusive island of Bel Lido Isle. Boasting 115 feet of direct deep waterfrontage with an 80+ foot dock, this two story residence has it all. Meticulously maintained, many of the amenities are in pristine, brand new condition. See Property Details

Randy Ely and Nicholas Malinosky are pleased to continue their work in the beach area and congratulate the Seller and Buyer on this transaction.

In the market for a waterfront estate? Mr. Ely and Mr. Malinosky have other waterfront properties in their exclusive listing inventory:
3232 Polo Drive, Gulf Stream listed at $7.95M
1002 Seasage Drive, Delray Beach listed at $6.975M
617 Palm Trail, Delray Beach listed at $5.95M
2352 South Ocean Boulevard, Highland Beach listed at $4.795M
124 Marlin Drive, Ocean Ridge listed at $3.495M
3 Waterview Drive, Ocean Ridge listed at $1.895M

As the #1 Luxury Team in the Beach Area, Randy Ely and Nicholas Malinosky are happy to assist you with your real estate goals. Please contact them today and visit www.RandyandNick.com.