Showing posts with label delray beach. Show all posts
Showing posts with label delray beach. Show all posts

Sunday, June 30, 2013

Delray Beach Oceanfront Update

Get a glance into the Delray Beach, Florida oceanfront real market.  

Delray, known as "Village by the Sea" has won America's hear over

New York Times recently pointed out, "East Atlantic Avenue has brought in a new energy: creative, stylish and yet attitude free."

Delray Beach is also Winner of Rand McNally’s Annual Best of the Road contest for Most Fun Small Town in America!

To see the most current real estate market update of Oceanfront Single Family Homes, please click here and enjoy:    CLICK HERE TO VIEW DELRAY BEACH UPDATE



 brought to you by LuxuryOceanFL.com

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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Sunday, November 4, 2012

Delray Beach Oceanfront Real Estate Market Update | Single Family Homes

by Craig Greenberg
Delray Beach Oceanfront Homes

Delray Beach Oceanfront Real Estate Market Update 

Single Family Homes for Sale

Currently there are 7 Oceanfront Homes listed for sale in Delray Beach, Florida ranging in price from $4.25 million all the way up to $34.995 million.  The above chart is sorted by how many days the listings have been on the market, the newest listing being 358 N Ocean Blvd in Seaspray Estates and the oldest listing being 1111 S Ocean in Ocean Breezes.

Atlantic Ave Delray Beach Big Waves
With the passing of Hurricane Sandy, South Florida has been getting some amazing weather.  First off, the Northeast wasn't the only place to get a storm surge.  Check out the waves Delray Beach saw - this is the Beach right off Atlantic Avenue.  The storm surge came all the way up to the dunes and there was no beach left.  We haven't seen wave heights like this for a very long time.  My son Aiden a.k.a. "The Hulk" decided to take an up-close look for ourselves.

The newest listing on the market for sale like I mentioned is 358 N Ocean Blvd in Seaspray Estates.  Seaspray is approximately 4 blocks North of Atlantic Avenue.  Most of the homes in Seaspray Estates are landlocked or have Intracoastal access.  This property happens to be one of the very limited homes that are considered oceanfront in Seaspray, right across A1A from the beach.  The home is described as:
This Tuscan-style estate offers unobstructed ocean views from a prime corner lot with impressive landscaping. The tree-canopied driveway with private gate has parking for 6 cars. The outdoor kitchen includes a pro gas grill, stove, and a wood-burning pizza oven. The manicured grounds feature a heated pool and mosaic-tiled courtyard with water fountains.
358 N Ocean Blvd Delray Beach

Doesn't say much about the home. The property itself is just shy of 4900 sq ft under air, has 6 bedrooms, 5 1/2 baths and was built in 1951.  Once you check out the pictures of 358 N Ocean Blvd Delray Beach, you'll see the home has been updated since 1951 but it is a 3 story home.  When you divide that 4900 sq ft to 3 levels, the living spaces can feel cramped.  But the 3 levels makes for some dramatic living spaces and will take advantage of the never ending ocean views.


So far in 2012, there have been 3 beachfront homes that have sold.  There are still 2 months left to the year and sometimes we see some quick closings, but as of now there are no pending sales.
Delray Beach real estate beachfront sales year to date

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.



Monday, July 4, 2011

Oceanfront Homes for Sale in Delray Beach, Florida

Oceanfront Homes for Sale in Delray Beach:
Sold or Under Contract Oceanfront Homes in Delray Beach:



Delray Beach, Florida:  Looks like there is a new listing on the market from my update last month, 602 N. Ocean Blvd listed for $4.995 million.  This brings the total number of oceanfront homes for sale in Delray to 12.  If you have ever driven along A1A in Delray, this home is hard to miss.  It's a futuristic looking, 3 story home that stand out.  Minimalist and clean lines.  This home was on the market back in 2007 and did end up selling in May 2008 for $4.175 million.  So based on the current price, I'd say there is flexibility seeing how we're still in a Buyer's Market.  And to note, there was one price reduction from last month, 1847 Dusty Miller Drive lowered their price from $7.2 million to $6.9 million.  These are things buyer's should be looking for if they want to find a motivated seller.  A listing's history is a good gauge and your agent should be filling you in.

There currently are no homes under contract for sale in Delray.  However since my last update, 701 N. Ocean Blvd did go from pending (under contract) to sold.  It closed on June 30th for a price of $3.65 million.  That is a far cry from it's original $5.995 million asking price back in December 2008.  The fact this was a short sale had a lot to do with the ultimate selling price.  The Selling price per square foot was $588.61.  Compared to 410 N. Ocean Blvd which sold for $642.97 per square foot, it looks like this buyer got a good deal.

For the most current list of oceanfront homes for sale in Florida as well as the latest real estate market updates, please feel free to visit my site located at OceanFrontHomesForSaleinFlorida.com.  South Florida towns specifically covered are:  Palm Beach, Manalapan, Ocean Ridge, Gulf Stream, Delray Beach, Highland Beach and Hillsboro Mile.  Also, if you are looking to purchase an oceanfront property in Florida, please feel free to contact me by using the information below: