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Gulf Stream Luxury Townhouse Reduced and Ready to Sell

March 3, 2017

A luxury townhouse in Gulf Stream was just reduced by $100,000. The townhouse located at 4450 North Ocean Boulevard #B, Gulf Stream, Florida now has an asking price of $1,195,000 as per Beaches Multiple Listing Service (MLS). This is $255K less than the original asking price of $1,450,000.

This Gulf Stream townhouse has been meticulously maintained and is in ‘œlike new’ condition. Features include living room, kitchen with dining area, family room with kitchenette and balcony, master suite with ocean view and balcony, three additional guest rooms, patio and two car garage. The townhouse offers many upgraded and custom finishes including hardwood and marble floors, crown molding, impact windows and doors, elevator, internal fire sprinkler system and abundant storage. Boasting over 4,500 total square feet, the maintenance fee includes lawn and exterior care and insurance for worry-free living. With beach access across the street to the north and south of the property, this townhouse represents incredible value and an amazing opportunity in the beach area.

Please see Property Details .

The stunning townhouse is exclusively listed by Nicholas Malinosky and Randy Ely. Ready to schedule a showing or make an offer? Please contact Mr. Malinosky and Mr. Ely, the #1 Luxury Team in the Beach Area.

Blog, News Press

Major Price Reduction East Delray Beach Waterfront Home

March 2, 2017

South Florida Top Team, Nicholas Malinosky and Randy Ely just reduced their waterfront listing at 1101 Island Drive, Delray Beach, Florida to $3,299,000. With a price reduction of almost $300K, this amazing property is one of the best priced waterfront homes in East Delray Beach. The new price was entered in Beaches Multiple Listing Service (MLS) on March 2, 2017 and is also featured on RandyandNick.com, Corcoran.com, Zillow, Trulia and Realtor.com.

Boasting 100 feet of waterfrontage and gorgeous water views, this waterfront home is bright and light with lots of windows, French doors and sliding glass doors. The interior has a great floor plan that showcases the water views and features special touches like tray ceilings, custom moldings and hardwood and tile floors. Features include entry foyer, formal living room, formal dining room, expansive family room, spacious kitchen, master suite with sun room, two additional bedrooms and a guest suite with casual living room, bedroom and bath. Professionally landscaped, outdoor features include decorative patio, heated pool and private dock with boat lift. This waterfront residence represents endless opportunities and is one of the best price properties in East Delray Beach. Please see Property Details.

This exceptional waterfront estate is exclusively listed by Nicholas Malinosky and Randy Ely. Ready to make an offer or schedule a showing ? Please contact Mr. Malinosky and Mr. Ely, the #1 Luxury Team in the Beach Area.

Blog, News Press

Ocean Ridge Luxury Waterfront Home Just Reduced

March 1, 2017

Beach Area Specialists, Nicholas Malinosky and Randy Ely just reduced the asking price of their exclusive listing located at 124 Marlin Drive, Ocean Ridge. The two-story waterfront home is listed in the Beaches Multiple Listing Service (MLS) for $3.250M and is also featured on RandyandNick.com, Corcoran.com, Zillow, Trulia and Realtor.com.

This waterfront home was custom built in 2014 and is in brand new condition. Offering modern amenities in a casual yet elegant beach house setting, this two story Bermuda style estate easily invites the outdoors in with numerous sliding glass doors, rows of windows, vaulted ceilings and a balcony all overlooking the stunning pool area and 100 feet of direct waterfrontage complete with private dock. Features include entryway with split level staircase and incredible vistas seen just beyond the living and dining areas; gourmet kitchen with breakfast bar and cypress vaulted ceiling all opening to the family room with sliders providing a view of the pool; ground floor master suite with private covered patio, his-and-her closets, and master bath; three additional guest bedrooms upstairs and a spacious balcony providing endless views of the pool and waterway beyond. Covered loggia, endless patios and salt-water heated pool with spa. Boaters will be delighted by the brand new concrete dock complete with a lighting system, water, electric and a brand new boat lift on remote and the Atlantic Ocean just minutes away via the Boynton Beach inlet. Other features include ground floor office, full laundry room, two-car garage, full-house gate for privacy, propane tank, impact glass windows and doors, sound system, security cameras, Turkish and Italian tiles, hardwood floors, vaulted ceilings, crown molding, custom built-ins throughout and full alarm system. This Ocean Ridge waterfront estate is the perfect beach house offering a casual elegance and 100 feet of direct waterfrontage with many upgrades too numerous to list. Property Details .

This fabulous Ocean Ridge waterfront estate is exclusively listed by Randy Ely and Nicholas Malinosky. Year after year, Wall Street Journal and REAL Trends rank Randy and Nick as #1 in South Florida for Top Team Average Sales Price.

If you would like to tour this home, make an offer or discuss the current Luxury Real Estate Market, please contact Randy Ely and Nicholas Malinosky, the #1 Luxury Team in the Beach Area.

Blog, News Press

Top Agents Nicholas Malinosky and Randy Ely Just Sold a Luxury Condo with Ocean Views

February 28, 2017

Top Beach Area Agents, Nicholas Malinosky and Randy Ely just sold an East Delray Beach Luxury Condo with ocean views. The condo located at 86 MacFarlane Drive #8A, Delray Beach, Florida reflects a sold date of February 27, 2017 in Beaches Multiple Listing Service (MLS). The luxury condo was exclusively listed by Mr. Malinosky and Mr. Ely for $1,195,000.

This East Delray Beach 8th Floor Bar Harbour unit was 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. Please see Property Details .

Are you interested in buying a luxury residence in the beach area? Nicholas Malinosky and Randy Ely have two luxury townhouses available in their exclusive listing inventory :
58 Seabreeze Avenue, Delray Beach listed at $2,095,000
4450 North Ocean Boulevard #B, Gulf Stream listed at $1.295M

Contact Mr. Malinosky to see one of these amazing properties.

If you or anyone you know would like to buy or sell an oceanfront, waterfront or beach area home, 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

Three Beach Area Waterfront Condos for Sale in Tahiti Cove, Delray Beach

February 22, 2017

Incredible news in the luxury beach area market: Nicholas Malinosky and team member, John Gluek just listed three waterfront condos in Tahiti Cove. The three condos located at 314 Venetian Drive, Delray Beach went on the market as active on February 17, 2017 with a price of $1.197M for all three units and $399,000 for each individual unit. The new listings are also featured on RandyandNick.com, Corcoran.com, Zillow, Trulia and Realtor.com.

Tahiti Cove is a boutique condo complex located in East Delray Beach just two blocks from the beach and three blocks from Atlantic Avenue. With only 18 units, the private complex offers manicured grounds, water views, plenty of green spaces, waterside pool, common laundry room, bike storage and one assigned parking spot on the street with additional guest parking available. The generous leasing policy allows residents to lease up to six times per year with lease terms of no more than 180 days.

Nick Malinosky and John Gluek listed unit #2, #8 and #9. Purchasing all three units provides endless possibilities in East Delray Beach. Live in one unit and lease out the other two or have available for guests. Enjoy the waterfront lifestyle seasonally or year round. Listed at $1.197M, the three units represent a rare opportunity. Please see Property Details.

Unit 9 is a corner unit providing extra privacy and light. With terra cota floors throughout, features include covered patio with water views, living room with dining area and fireplace, kitchen with pass-through window to living room, bedroom with built-in closets and bath with separate shower. The condo is listed for $399,000. Please see Property Details.

Unit 8 has been remodeled and features terra cota floors, living room with fireplace and dining area, open-concept kitchen, bedroom with closet cupboards and bath with separate shower. The covered patio offers unobstructed water views. The condo is listed for $399,000. Please see Property Details.

Unit 2 is a corner unit with extra light and neutral tile. Other features include living room with fireplace and dining area, kitchen with pass through window, bedroom with built-in closet and bath with glass enclosed shower. The covered patio provides plenty of room for outdoor dining and enjoying the water views and breezes. The condo is listed for $399,000. Please see Property Details.

Want to schedule a showing or make an offer to buy these amazing waterfront condos in Delray Beach? Contact Nicholas Malinosky and John Gluek today.

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.