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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.

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.

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.

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.

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.

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.

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.

Delray Beach Waterfront Estate Hits the Luxury Real Estate Market

April 1, 2016

A Delray Beach waterfront estate just hit the luxury real estate market. The property located in Tropic Isle at 920 Gardenia Drive, Delray Beach, Florida was entered in the Multiple Listing Service on March 31, 2016 with a list price of $2.695 million. This fantastic residence is also featured on RandyandNick.com, Corcoran.com, Zillow, Trulia and Realtor.com.

The waterfront property offers southern exposure and 90 feet of waterfrontage in Tropic Isle, just south of the Linton Boulevard Bridge. Built in 2004 and meticulously maintained, the residence and grounds are in pristine condition. Boasting over 7,000 total square feet and filled with natural light, the interior offers a contemporary feel with incredible water views from most major rooms. Features include foyer entry, living room with volume ceilings and gas fireplace, gourmet kitchen with breakfast room, family room, dining room, wine room, office with full bath, master suite, three additional en suite guest rooms, and third floor gym which could be used as theatre or game room. The manicured grounds offer pool with spa, outdoor loggia with dining and living areas, summer kitchen and private dock with electric and water. Boaters will enjoy the close proximity to the Boca Raton Inlet. Other features include three car garage, full-house generator, impact windows and doors, custom stereo and audio throughout, custom lighting, interior and exterior marble floors, hardwood floors, custom millwork and baseboards, abundant fenced yard and green spaces with custom landscape and more. Please see Property Details.

This waterfront estate is exclusively listed by Randy Ely and Nicholas Malinosky of the Douglas Elliman Real Estate. Looking to buy a luxury waterfront residence in South Florida? Want more information about the Luxury Real Estate Market, please contact Randy Ely and Nicholas Malinosky, the #1 Luxury Team in the Beach Area.

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.

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.