South Florida Real Estate News

Opportunity Zones in Real Estate

Are Opportunity Zones the talk of the town in your local Real Estate circles? No?

While it’s no surprise that this part of the tax code is not yet well known, many savvy investors are jumping at the opportunity of the tax savings that it can provide.

What is an Opportunity Zone?

According to the IRS.gov website, “An Opportunity Zone is an economically-distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment….”

These opportunity zones were designated through coordinated efforts between State and local governments in identifying these economically-distressed areas.

Opportunity zones were added to President Trump’s “Tax Cuts and Jobs Act” in December 2017. Specifically the

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Learn more about Zillow's online home valuations

Thinking of selling your home and wondering what it’s worth?  You may want to be careful about the home value estimates you see online because many are either far above or far below the true market value. 

Boca Raton home sellers who set their expectations on inaccurately overestimated home values may fall victim to overpricing their homes for sale which will ultimately lead to frustration because they don't sell.  When a home is overpriced, it will languish on the market for months, causing multiple price reductions as they "chase the market" and most likely result in a lower sale price than if they had priced it right from the beginning.   

Zillow, Trulia, Realtor.com's Automated Home Value Calculators

Zillow and Trulia have become the

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Valencia Reserve Home for Sale | 9716 Dovetree Isle Drive, Boynton Beach, FL 33473

9716 Dovetree Isle Drive, Boynton Beach, FL 33473

Brian Pearl and Vini Antonacci of Lang Realty recently listed a beautifully upgraded Julia model home in Valencia Reserve, Boynton Beach's premier active adult community.  This magnificent home features 4 bedrooms (one used as a den/office), 3 full and one-half bathroom, a 3-car garage, and over 2,600 square feet of living space!  Built in 2012 by GL Homes, this Valencia Reserve home for sale offers high ceilings with crown molding, porcelain tile floors on the diagonal, accordion hurricane shutters, Plantation shutters with custom wood molding, a gourmet kitchen with upgraded granite counters and mosaic tile backsplash, wood cabinetry with pull-outs, a formal dining

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Lotus Homes for Sale by GL Homes Photo Courtesy of GL Homes

 

Lotus Homes for Sale in Boca Raton

GL Homes, one of Palm Beach County's leading homebuilders, recently launched sales for their newest Boca Raton community, Lotus.  Located in West Boca, Lotus is the latest development in the company's string of resort-style neighborhoods along Lyons Road in the Western Corridor of Boca Raton, Delray Beach, and Boynton Beach.  Lotus homes for sale will be unique in that they are modern in design, opposite from the transitional and Mediterranean architecture of previous communities like Saturnia Isles, Boca Isles, Valencia Reserve, The Bridges, and Seven Bridges.  

Lotus Real Estate

Lotus will be comprised of twelve different floor plans within two home collections, the Bali

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Brian Pearl, Vini Antonacci, Pat Roseboom, and Scott Agran of Lang Realty
Led by Brian Pearl and Vini Antonacci, The Pearl Antonacci Group was recently honored at Lang Realty's annual awards brunch in Aberdeen Country Club in Boynton Beach, Florida. The Team was awarded the coveted Diamond Award, Lang Realty's highest award given for real estate teams, for their superior sales achievements in 2018.
  BOCA RATON, Fla. - Jan. 31, 2019 - The Pearl Antonacci Group of Lang Realty recently received the distinguished Diamond Award for their superior sales achievement in 2018.  The Diamond Award is the highest honor given by Lang Realty.  The real estate company's annual awards ceremony was held at the exclusive Aberdeen Country Club located in Boynton Beach, Florida on January 31, 2018.

The Pearl Antonacci Group currently…
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Moving to a new neighborhood brings with it a long list of questions. What are the neighbors like? Are there kids in the area? It is safe? What are the best places to shop?

Once you’ve made the decision to relocate, these questions and more are bound to arise. Many questions can be answered by your Realtor or your contractor, but information on others may be less forthcoming. As realtors are bound by an oath that upholds fair housing and non-discriminatory practices, there are certain questions they just cannot answer. So, issues like churches in the area or the demographics of your neighbors are simply off-limits. 

The Fair Housing Act: why your Realtor can’t always tell you what you want to know

What a Realtor can and cannot disclose is

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Over the past 25 years, Downtown Delray Beach has grown into a crown jewel of the vivacious city. Developed through a myriad of public and privately funded projects, citizens of Delray take pride in the comfortably urban environment. The town center provides a dynamic arrangement of dining and entertainment, while the beautiful oceanside backdrop offers a calming respite from the hustle and bustle of city-living.

Stay up to date on the breathtaking development projects on Delray's horizon:

236 Fifth Condos for Sale in Downtown Delray

236 Fifth Delray + Aloft Hotel

Set to finish construction in December of 2018, 236 Fifth Delray in conjunction with Aloft boutique hotel is planning to provide luxury apartments and lodging, allowing residents to "live on vacation." This lavish development

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How to Prepare for South Florida's Hurricane Season

If you live along a coastal area, hurricanes are a fact of life. Despite their inevitability, the worst thing you can do is nothing at all.

Preparing in advance for the potential damage and risks will help you cope when emergency strikes. Here are some great tips to ensure you are ready for any eventuality: 

Plan your escape route

In the event of an evacuation, you may have to act quickly. storm surges in a hurricane can create a significant rise in water level that can affect coastlines for hundreds of miles around the storm zone. Don’t wait until the last minute, as panic may overtake common sense in an emergency. 

Have pets? Plan ahead!

Have a plan for your pets in the event that you have to evacuate. Many shelters have accommodation

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National real estate sales data collected from 2014 - 2017 can predict the best time to sell in Boca Raton. The data compares the average national home sales price each year to the average home sales prices per month, and national home selling time to the average speed of home sales per month.

Based on this research, if you time your home sale correctly, you could make more money on the sale or sell the home faster than you could if you sold it at any other time of year.   

When to Sell in Boca Raton to Make the Most Money

Over the timespan of 2014 - 2017, June was the best time to close on your home sale in Boca Raton. Home sales that closed in June sold for 9.47% higher than the average home selling price for the year. This information suggests

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Overlooking Lake Boca from Mizner Grand condominium's coveted center stack, this modern masterpiece creates the feel of a luxury estate home with the services of a five-star resort.  Commanding majestic views of the bright blue waters, this 5th floor residence offers both east and west facing balconies which look onto Lake Boca, the Atlantic Ocean, and the Boca Resort's golf course.  Tastefully designed, this spacious residence totals 4,878 square feet with three bedrooms, four full and one-half bath, a state-of-the-art home theater with commercial-quality Bang and Olufsen surround sound, and two parking spaces.

500 SE 5th Avenue, Boca Raton, FL 33432

Mizner Grand condominium's double gate-manned entry leads to a Porte Cochere where you will be greeted by the valet who escorts you and

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