Tuesday, April 19, 2016

High Speed Train Will Have a Positive Economic Impact

Palm Beach Billionaire, Jeff Greene is one of the strong supporters of the new high speed train.  Greene has been busy buying development parcels all over downtown W. Palm Beach.  
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  • 30 minutes from W. Palm to Ft. Lauderdale
  • 60 minutes from W. Palm to Miami
  • 2 hours from Orlando to Miami

Thursday, March 31, 2016

La Bonne Vie has a Real Palm Beach Address

According to MLS data, there were 80 condos sold by Realtors in the past 12 months that were erroneously listed in the town of Palm Beach.   Surprise!  The condo you bought is really in the town of South Palm Beach.

Why are Realtors misrepresenting the town?

The town of South Palm Beach is only 5/8 of a mile long, and as a result, they have a very small tax base.  It is quite possible residents in South Palm Beach may see a special assessment for things like beach restoration.

Location, location location!  There is plenty of evidence to show that property values are higher in the town of Palm Beach.  Confirm the town before you buy!

Wednesday, February 24, 2016

La Bonne Vie Windows & Doors

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Walt's windows rebuilt a condo with 10 windows (31" rods) at La Bonne Vie and the cost was $797.

You can make the oxidized aluminum frames shine like new by using "chrome polish" available at any auto parts store and fine steel wool.  It's a great arm workout!

Wednesday, September 3, 2014

Palm Beach Oceanfront Inn Sells for $8.25M

Rendering Provided by Kobi Karp
Paragon Acquisition Group acquired the Palm Beach Oceanfront Inn at 3550 S. Ocean Blvd in South Palm Beach for $8.25M and obtained town approval for 33 condo units.  This establishes the dirt value at $250,000 per condo!  Sales were launched in May 2016 and the lowest priced 2BR unit is $2.31M for 2,873 SF ($804/SF).  The developer requires 50% down.