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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 Luxury Listings Featured in Aspen and the Hamptons

July 12, 2017

Douglas Elliman agents represent some of the finest luxury properties across the nation in cities including the Hamptons, Manhattan, Miami, Aspen and Beverly Hills. Two such luxury listings were recently featured online and are certainly worth a look.

On July 9, Robb Report featured a $44 million Aspen estate situated on 44.6 acres. Known as Mopani Estate, the property was designed for equestrians and includes a large stable and riding trails. The six bedroom mountain lodge boasts 13,500 square feet and offers cedar wood ceilings, walnut floors, stone fireplace, gourmet kitchen, master suite, outdoor dining area with barbecue station, and separate two bedroom, two bath guest house. Located on Buttermilk Mountain, the residence offers stunning views of Aspen, Red Mountain and Mount Sopris. The property is listed by Douglas Elliman agents, Amy Doherty and Joshua Saslove. See Robb Report Article

According to Cottages & Gardens’ July 2017 edition, a $35 million mansion is the largest home for sale in the Hamptons. ‘œSummerhouse’ is a new home in Southampton’s Olde Towne development boasting 23,000 square feet with a media room, library, two kitchens, nine en suite bedrooms, thirteen bathrooms, basketball court, entertainment lounge and juice bar. The grounds are complete with a resort-style pool with spa, pool house, fire pit and tennis court. The property is co-listed with three offices including Douglas Elliman agents, Erica Grossman and Michaela Keszler. See Cottages & Gardens article

Founded in 1911, Douglas Elliman is the 4th largest brokerage in the United States with more than 6,000 agents in 85 plus offices. With $22 billion in sales, Douglas Elliman is #1 in New York City for most agents, total Manhattan listings and total sales volume; the #1 company in the Hamptons; and #1 on Miami Beach by dollar volume. Douglas Elliman features their luxury listings on elliman.com and knightfrank.com.

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. Contact Nicholas Malinosky and Randy Ely to discuss your luxury real estate goals.

Photo: Robb Report post dated July 9, 2017

Blog, News Press

Brand New Oceanfront Mansion Hits the Ocean Ridge Luxury Market

May 16, 2017

Nicholas Malinosky and Randy Ely just listed a brand new oceanfront mansion in Ocean Ridge. The residence located at 6161 North Ocean Boulevard, Ocean Ridge, Florida was entered in the Multiple Listing Service on May 15, 2017 with a list price of $24.95M. The new listing is also featured on RandyandNick.com, elliman.com, Zillow, Trulia and Realtor.com.

Welcome to this absolutely stunning, brand new estate on 158 feet of direct oceanfrontage. The residence promises to please and is expected to be completed this fall, just in time for season. Built by Mark Timothy Homes, designed by Affinity Architecture and decorated to perfection by Marc Michaels Interiors, this property has it all. Designed with an open concept throughout, all major rooms have stunning ocean views with pocket sliders that open to the pool, outdoor loggia, seaside terraces and cabana. Some of the exciting and luxury features include incredible wood and marble floors; an entryway water feature; club room with bar and wine room; gourmet kitchen, family room and office each overlooking the ocean; spacious en suite bedrooms; and fabulous outdoor entertaining areas. The second floor master wing offers ocean views with his-and-her baths. With plenty of green spaces, the gated compound provides se yveral areas to enjoy both the privacy and seaside location. Additional features include resort style seaside pool and spa with cabana bath and summer kitchen, north and south parking garages, balconies, elevator, fireplaces, top-of-the-line finishes and the industries finest craftsmanship. The residence is offered furnished with the exception of secondary bedrooms. This brand new oceanfront estate represents a rare opportunity in Ocean Ridge to enjoy South Florida’s Luxury Lifestyle. Please see Property Details.

This oceanfront compound is exclusively listed by Nicholas Malinosky and Randy Ely of Douglas Elliman. Please contact them if you would like more details including floor plan and survey.

As the #1 Team in the Beach Area, Randy and Nick have specialized in the oceanfront luxury market throughout their 40 combined years of experience. Contact them to discuss the current luxury real estate market.

Blog, News Press

Randy Ely & Nicholas Malinosky Just Sold a Gulf Stream Oceanfront Compound

February 6, 2017

Top Real Estate Agents and Oceanfront Specialists, Randy Ely and Nicholas Malinosky just sold the luxury oceanfront compound at 3333 North Ocean Boulevard, Gulf Stream, Florida. This pocket listing was offered at $19.95M and the transaction closed today, February 6, 2017.

Tucked off A1A in Gulf Stream on over an acre with 125 feet of direct oceanfrontage, this gated compound is the perfect setting for enjoying South Florida’s luxurious lifestyle. Custom built by Mark Timothy Inc. and professionally designed by Marc-Michaels Interior Design, this elegant and inviting home is complete with the finest finishes and modern amenities available. The gorgeous ocean views are visible throughout the residence providing the perfect backdrop for each spacious room which seems to flow effortlessly to the next. Features include gated entry, decorative circular driveway with fountain, landscaped grounds, entry foyer, formal living room with fireplace, open dining area, chef’s kitchen with breakfast room, office, theater, seaside porch that opens to the pool and ocean, first floor master wing and three additional guest suites with private balcony. The oceanside pool, terrace and grounds are perfect for lounging and entertaining. Other features include full-house generator; three-car garage; one powder room off foyer entry and another powder room off den with an outdoor shower and path to the pool; two wine closets; and more. This private, oceanfront estate is the perfect place to enjoy the very best of the Palm Beaches. Please see Property Details.

As the #1 Luxury Team in the Beach Area, Randy Ely and Nicholas Malinosky have several high-end properties available for sale as pocket listings. What is a ‘œpocket listing’? It is a listing that is not entered in the Multiple Listing Service (MLS) or publicly advertised like an exclusive listing. If a seller wants to sell his/her luxury property off the market, Randy and Nick will meet with the seller to discuss pricing and goals and then sell the property relying on private showings. A seller may not want the general public knowing their property is for sale and are hoping to avoid open houses and advertising campaigns. Because Randy and Nick have other high-end exclusive listings in their MLS inventory, they always attract buyers who are very interested in seeing off-market listings. Also, other luxury agents in the area know to contact Randy and Nick if they have a client looking for a unique, pocket listing. This process is very common in the Palm Beaches’ oceanfront and luxury markets.

Are you looking for the perfect luxury home in Manalapan, Ocean Ridge, Gulf Stream, Delray Beach or Highland Beach? Would you like to sell your oceanfront or waterfront home as a pocket listing? Please contact Mr. Ely and Mr. Malinosky, the #1 Luxury Team in the Beach Area.

This is big luxury real estate news worth repeating: Randy Ely and Nicholas Malinosky Just Sold a Gulf Stream Oceanfront Compound.

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

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, Price, Real Estate, Sold

Oceanfront Mansion in Delray Beach Sets New Sales Record at $34 Million

March 3, 2016

According to a March 2, 2016 post on The Palm Beach Post, the Delray Beach mansion located at 921 South Ocean Boulevard just set a record for highest sales price coming in at $34 million. The direct oceanfront estate was situated on 1.7 acres with 33,571 square feet and listed at $39.95M.

The previous record breaking sale for Delray Beach’s oceanfront was achieved in 2015 by Randy Ely and Nicholas Malinosky when their exclusive listing at 901 South Ocean Boulevard sold for $19M.

The Palm Beach Post article states that ‘œPalm Beach County’s mansion market has been on a tear’ with two more record breaking sales:
6125 North Ocean Boulevard, the Ocean Ridge direct oceanfront estate exclusively listed by Randy Ely and Nicholas Malinosky which sold last month and 860 South Ocean Boulevard, the Manalapan ocean-to-Intracoastal estate exclusively listed by Jim McCann of Douglas Elliman Real Estate which sold September 2015. Read More

Ready to buy an oceanfront estate? Check out Mr. Ely and Mr. Malinosky’s exclusively listed direct oceanfront estate at
1255 North Ocean Boulevard, Gulf Stream, Florida.

Interested in selling your oceanfront residence? 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.