Thursday, November 29, 2012

Delray Beach Oceanfront Real Estate Market Update Condos & Townhomes

by Craig Greenberg

Delray Beach Oceanfront Real Estate Market Update

Condos & Townhomes

Currently there are six luxury oceanfront condos and townhomes for sale to chose from in Delray Beach.  Luxury properties are defined as those listed in excess of $1 million.  They range in price from $1,399,000 to $2,250,000. 
delray beach oceanfront condos for sale
If we were to look for all oceanfront condos and townhomes in Delray, not limited to luxury properties, then we'd be looking at 32 properties starting from the $130,000 range  As we see in the chart above, three of the properties are located in the Seagate Residences, tow are in Villas of Ocean Crest and one being in El Cortijo.

Seagate Residences Delray Beach
The Seagate Residences of Delray Beach offer several different floorplans.  Residence 105 is an "E" model with 2200 sq ft under air and priced at $1.695 million while Residences 110 & 106 are "A" models with 2700 sq ft under air and priced at $2.25 million and $2.1 million.  If you buy at the Seagate, you get a Free membership to the Seagate Beach Club.  You can't beat the location of this location to all the nightlife on Atlantic Ave.
Ideally located on A1A across from the historic Seagate Beach Club, these grand Residences grant the privilege of oceanfront living amidst the refined elegance and charming appeal of distinguished Delray Beach. Residents are welcome to indulge at the new luxurious spa, fitness center and salon located mere moments away at the new Seagate Hotel & Spa.

Exclusive access is granted to the legendary Seagate Beach Club, featuring a new, two-level Beach Club with casual and fine dining, overlooking the magnificent Atlantic Ocean. Surrounded by chic avenues with an array of fine dining and upscale shopping, the sophisticated setting is the ultimate address for those who have truly arrived.

Villas of Ocean Crest Delray Beach
Up the street lies Villas of Ocean Crest in Delray Beach.  Although I only pulled two up on my chart above, there are actually three for sale:
Residence 10:  $1,650,000
Residence 12:  $1,399,000
Residence 6: $1,010,000

Villas of Ocean Crest is a development of only 16 homes just South of Linton Road on the beach side of A1A.  That makes these properties true oceanfront homes and those with directly on the beach have unobstructed ocean views.  The townhomes are approximately 2500 - 2600 sq ft under air and were built in the early 1990's.

The last development is El Cortijo showing up on my chart, but I consider that more the Gulf Stream area, so I will include that when I do an update on Gulf Stream condos and townhomes.

If you are in the market to buy, sell and/or rent an oceanfront home in Florida, please make sure to visit LuxuryOceanMarket.com where you can view all the luxury oceanfront properties on the market from Palm Beach down to famed Hillsboro Mile and even create your own custom searches that will send you automatic email alerts as new homes come on the market.  And if you come across the home of your dreams, please make sure to either contact myself, Craig Greenberg at 561-376-8540, or my associate, Tripta Chawla at 561-703-7733, and we'll be more than happy to assist you.

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