Tag Archives: florida

Lennar announces new luxury lakefront development in Parkland, Florida

October 2, 2012For Sale, New/Pre-Constructionconstruction, developers, estate, fl, florida, increase, lakefront, lennar, Lennar Homes, luxury, market, new construction, parkland, prestigious, prices, Property Types, Real Estate, Real Estate Market, Single Family Homes, WaterfrontBrian Pearl

Parkland has long been known as one of Broward County’s most desired, prestigious addresses with a variety of intimate, luxurious residential enclaves and neighborhoods. Lennar is about to raise the bar with the introduction of MiraLago, their gated master-planned community, slated to open later this fall.

“The uniqueness and splendor of this community starts with the intrinsic ‘wow factor’ of the actual site – the largest lake in Parkland. The existing shoreline is comprised of a number of ‘peninsulas’ that will provide the majority of the home sites with expansive, panoramic lake views,” explained Carlos Gonzalez, president of Lennar’s Southeast Florida Division.

Residents of MiraLago will also enjoy a spectacular clubhouse, perfect for families of all ages. Once completed, Club MiraLago will offer both indoor and outdoor amenities that will easily compare to a luxury resort. With its great location, residents will be close to everything they enjoy, including fine dining and retail establishments, shopping and local attractions. Plus, children will have the opportunity to attend A-rated Parkland schools.

While the homes at MiraLago will represent exceptional luxury, they will also offer some of the best values in homebuilding today. With Lennar’s “Everything’s Included,” buyers are given a wide variety of luxury features and upgrades included in the price. The program’s recent enhancements include more features and enhanced energy efficiency and technology at no additional charge. What others call options, Lennar calls standard features,” said Gonzalez.

Beach homes that don’t break the bank

September 6, 2009For Sale, Foreclosures & Short Sales, Oceanfront, Waterfrontbanks, beach, beachfront, california, caribbean, carolina, Condos, florida, Foreclosures, getaways, Intracoastal, luxury, northeast, prestigious, prices, Real Estate, Single Family Homes, Townhomes, Townhouses, upscale, vacation, vacations, WaterfrontBrian Pearl

WK-AR046_REVALU_D_20090901203243

Santa Catalina Island, Calif.

$699,000

A 1,109-square-foot furnished Mediterranean-style condominium in Avalon with two bedrooms and two bathrooms and a golf-cart parking space

DETAILS: The condo, built in 1988, has travertine tile floors and two balconies including a private deck off the master bedroom. Shared amenities include a pool, an 18-hole putting green and a croquet court.

ISLAND LIFE: Santa Catalina Island is 22 miles off the coast of Los Angeles. A ferry between Avalon and Long Beach, Calif., departs about every two hours. Most residents use golf carts for transport.

Juan Dolio, Dominican Republic

$630,000

A 2,259-square-foot contemporary villa with three bedrooms, four bathrooms, staff quarters and a two-car garage

DETAILS: Completed last year, the two-story home comes fully furnished. The triple-height foyer has a wooden staircase made of Brazilian hardwood and eucalyptus railings. Floor-to-ceiling glass sliding doors opens the dining and living rooms to the pool and yard.

ISLAND LIFE:The villa is part of a private gated community called the Club Residences, Collection Guavaberry. There’s an 18-hole golf course, polo and equestrian facilities.

NEARBY SANDS: Residents have access to a private beach club and beach, a seven-minute drive away.

NEARBY SANDS: Hamilton Cove, a private beach, is just outside.

Harkers Island, N.C.

$749,900

A bank-owned oceanfront home of 3,827 square feet with four bedrooms, five bathrooms and a powder room on 0.6 acres

DETAILS: This three-story home, built in 2006, includes a two-car garage, an elevator, two offices and a porch with a hot tub.

ISLAND LIFE: Harkers Island, on North Carolina’s central coast, is about five miles long and 0.75 miles wide and has a large second-home community.

NEARBYSANDS: The home sits on the edge of West Mouth Bay. There’s a beach out front at low tide. There are other sandy beaches nearby on the island.

South Florida Market Looking Better

June 16, 2009Buyers, First Time Home Buyer, For Sale, Foreclosures & Short Sales, Keller Williams Realty, New/Pre-Construction, Real Estate NewsBoca Raton, Condos, construction, estate, First Time Home Buyer, florida, Foreclosures, Fort Lauderdale, increase, Keller Williams Realty, lease purchase, market, property taxes, Property Types, Real Estate, Real Estate Market, Real Estate News, Rentals, Single Family Homes, south florida, taxes, Townhomes, Townhouses, upswingBrian Pearl

MIAMI – June 16, 2009 – South Florida home prices have hit bottom, but threats to the housing market still loom as foreclosures rise, mortgage rates creep up and inventories remain high.

That’s according to a prominent economist and several top real estate brokers who spoke here Thursday during the International Real Estate Congress hosted by the Realtor Association of Greater Miami and the Beaches.

“We’re certainly near the bottom if not at the bottom,” said Lawrence Yun, chief economist for the National Association of Realtors.

The median price of an existing single-family home in Palm Beach County has plunged more than 40 percent since 2005. Yun cited a study released last week by research firm IHS Global Insight that said home prices in Palm Beach County are undervalued by 32 percent.

Mike Pappas, head of Keyes Co. Realtors, agreed that the withering collapse of the past three years finally has ended.

“We believe the worst is behind us,” Pappas said.

That’s not to say that the housing market is poised for a big rebound. Realtors see obstacles, including:

• Foreclosures. The number of foreclosure filings in Palm Beach County rose 33 percent from April to May, research firm RealtyTrac said Thursday. “Unfortunately, foreclosures will continue to increase,” Yun said.

• Rising mortgage rates. The average rate for a 30-year mortgage spiked from 5.29 percent last week to 5.59 percent this week, Freddie Mac said Thursday. Yun acknowledged that rates above 6 percent would slow the recovery, but he predicted rates will fall to 5.2 percent later this year. “I believe the bond market is overreacting,” Yun said, causing rates to rise.

• High inventories. The number of homes for sale has fallen over the past year, but there remains a glut of homes on the market. Inventory “is still much higher than it should be,” said Ron Shuffield, head of EWM Realtors.

• A sluggish high-end market. Although properties priced at under $200,000 are moving quickly, the high-end market is “stagnant,” in part because of high rates for jumbo loans, said Rei Mesa of Prudential Florida Realty.

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