South Florida Real Estate News

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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Top 10 Real Estate Market Predictions for 2018

Compass goes public, economy soars, Congress pivots on homeownership tax benefits and more

As we approach the end of yet another year, one of the biggest questions on most everyone's minds, especially those of us in the real estate industry, is "what is going to happen next year?"  Brad Inman of Inman.com recently reviewed his past predictions about the real estate market, some of which came true and some not. Two years ago as we approached the year 2016, Brad Inman predicted that Donald Trump would be elected President of the United States.  That obviously came true.  Last year, Inman predicted that Zillow would expand overseas in 2017 and NAR would choose a woman CEO; didn't happen. 

Inman was accurate about a soaring housing market and

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236 Fifth Avenue Condos in Delray Beach

Hotels, condos, retails shops and more are coming to Delray Beach’s walkable neighborhood, SofA (South of Atlantic Avenue). 

The 236 Fifth Avenue, a 35-unit luxury condominium and the Aloft Hotel, a 122-room tech-minded hotel, 5,000 square feet of first-floor retail boutiques and structured parking are rising and occupancy for 235 Fifth Avenue will begin in 2018.

Condos at 236 Fifth Avenue are on sale now. Prices start at $500,000 and range over $1,000,000. Positioned on the second, third and fourth floors, the pet-friendly residences will vary from one-bedroom to three-bedroom condos with sizable balconies and private parking with additional guest spaces.

The contemporary-style building is adjacent to the Aloft Hotel and the residences will

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Sober House Rules in Delray Beach

Delray Beach officials, as well as residents, have long voiced concerns about the prevalence of sober homes in city neighborhoods.

Sober homes provide safe homes for individuals in recovery from drug and alcohol addiction as they prepare to re-enter society after rehab or incarceration. Since these individuals are protected under federal law, the City of Delray Beach has been largely unsuccessful in its attempts to curb the rise of more such homes and has continued to lobby the feds in favor of an equitable solution. 

Proposed change limits number of sober homes in a given area

Currently, the city is proposing a new regulation that would not only limit the number of sober group homes in an area but would also require these homes to be

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A mixed use development that would provide downtown Delray Beach with:

  • Two and three bedroom apartments
  • High-end retail boutiques
  • 60 ft. wide public, landscaped courtyard with outdoor eating restaurants
  • Class-A Office space
  • A 120-room hotel
  • Residential- Inns with amenities for extended stays
  • A 400-space underground parking facility and Valet drop-off parking service
  • Eight (8) historic structures are being fully renovated & incorporated into the
  • project, including the Cathcart House and The Rectory on Swinton
  • An attractive pedestrian streetscape along Swinton Avenue with water features and landscape areas
  • 60’ wide public pedestrian walkway to Atlantic Avenue

Swinton Commons in Downtown Delray Beach

How would the Swinton Commons project benefit the

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110 E Atlantic Avenue, Delray Beach FL

110 East Atlantic, formally known as the Sopra Center, has received building permits and construction has started. The Richard Jones designed adaptive re-use project will transform the 4-story,  1950’s era, steel frame building into a Modern Class-A office and mixed-use destination.

The building upgrades include enhanced below grade parking, new elevators, windows  and a complete façade redesign.

There will be new retail space facing Atlantic Avenue and the new Class-A offices on the upper floors will now enter from a new west facing lobby. The building, defined by a unique exterior level raised plinth, will have it extended  south down SE 1st Avenue as well. Current tenant Rocco’s Taco’s will remain through the construction, as will a few of

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A deal that would allow the construction of a $200 million mixed-use project downtown on Atlantic Avenue is moving closer after more than a decade of planning and approvals.

Atlantic Crossing, a 9-acre project featuring apartments, offices, restaurants and shops, would be located beside Veterans Park along the Intracoastal Waterway. It’s the city’s largest proposed development in terms of square footage at the moment, said city commissioner Mitch Katz.

“It’s important because it’s prime real estate on Atlantic Avenue that needs to be be developed,” he said. “I just want to see this move forward.”

Signing the agreement would end a lawsuit the developer filed in 2015 over delays, and eliminate the risk of the city paying an estimated $40 million in

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Forget fast-appreciating Denver and stratospheric San Francisco. Palm Beach County has elbowed its way into the top spot on a real estate firm’s list of the nation’s hottest housing markets. According to an analysis by property marketplace Ten-X, Palm Beach County has seen torrid price appreciation, a robust job market and strong population growth. “Palm Beach County’s housing market is scorching,” Ten-X said in its report released Tuesday. “Seasonally adjusted home prices are up 16.8 percent year-over-year, the highest pace in the country.” Even after the run-up in prices, Palm Beach County values remain 14 percent below their peak, Ten-X said, “suggesting additional room to run.” However, Ten-X’s conclusion is far from unanimous. “That’s just not…
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Aerial of St. Andrews Country Club in Boca Raton

Phase I of the three phase $25 Million Club Improvement Plan is complete and included the renovation and redesign of the 18-hole Olde course and practice facilities by golf course designer, Tom Fazio II, along with substantial improvements to the ballroom and ladies' card room.

Fazio's design for the new Fazio II Course features stunning and strategic bunkering, dramatic change in the visual appearance, new landscaping, new bulkheads and lake banks, new drainage and irrigation foundations, new greens, tees, bunkers and cart paths, installation of Bermuda Turf, and most importantly, improving the playability at all skill levels for members and guests.

Improvements to the practice facilities included an added water feature, a larger and centrally

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2017 will be all about being nimble, responding quickly to market changes and keeping your clients informed

Key Takeaways

  • There is solid optimism about the housing market in 2017, with 27.43 percent of respondents saying they are extremely optimistic.
  • More than half of this survey's respondents (52.21 percent) expect President-elect Donald Trump to have a positive effect on the U.S. housing market.
  • A strong majority (71.24 percent) of respondents have plans to expand their businesses next year.
  • Nearly 50 percent of respondents think unit sales will go up in 2017, and 75 percent of those surveyed think that prices will go up.

Special Report survey respondents and some of the industry’s top executives were nearly

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