Resales

Palm Beach County Grows With New Developments

Palm Beach County in Florida offers some of the most desirable waterfront communities and homes along the Atlantic coastline, and the area is being energized by beautiful new developments. "Sunny beaches for relaxing in the sun, awesome seafood restaurants, fine stores for the discriminating shopper, and several new home development near highly-rated schools for your family, Palm Beach County is the place to be," says Realtor Bill McBrayer. "Be sure you look at the new developments that are now being built in our area from Boca Raton north to Jupiter. The Ritz-Carlton is building a new development of club and estate homes in Jupiter. Abacoa is continuing to expand near great schools and offers families plenty of choices for fun at Abacoa Town Center. Wellington is still booming out west of West Palm Beach. Mirasol is just now breaking ground near PGA National. There are several new developments west of Boca Raton and Delray Beach that are very impressive. "In West Palm Beach, CityPlace has been open for about a year," adds McBrayer. "It has been a huge success in that it has a lot to offer to the community. It"s next to the Kravis Center, near Palm Beach and the breakers, and close enough to take the trolley to Clematis Street for the evening. "There are many gated communities - on the Intercostal waterway and the ocean," says Realtor Jayne Sanders. "Northern Palm Beach County is known for many waterfront homes and golf course communities and is the home of the PGA of America. We have seen a huge increase in new construction over the past year and the average sales price is up 10 percent and more in some locations. Homes are selling in the first week they are offered and it is not uncommon to have multiple offers; on some occasions the offer is more than the asking price. There is a lot of new waterfront construction and teardowns are very common." Says Realtor Annette Failla-Phelps, "Boca Raton is known for its beauty and its homes are no exception. The city is recognized for its magnificent residential communities and its plentiful housing. Whether it is a modest bungalow, a spacious beachside condominium of a breathtaking mansion, there is a home to satisfy you within your budget requirements. "The average price of homes in Boca Raton range from $144, 868 for a two-bedroom and $466, 239 for a four-bedroom," explains Failla-Phelps. "Condo units vary in price, but average around $154, 131. With the range of prices comes a unique diversity of residential choices, from the basic contemporary home to an extraordinary dream home, complete with tennis courts and helicopter pads! There are developments designed to attract every possible demographic group." "Within the city of Boca Raton, there are charming middle class and upper-scale neighborhoods," she continues. "Some mid-priced communities include Boca Square, Lake Floresta, Boca Del Mar and Boca Pointe. Some of the upper-end communities include Old Floresta, Woodfield Country Club, Woodfield Hunt Country Club, St. Andrews Country Club, Les Jardins, Broken Sound, Addison Reserve and New Floresta. Many of the homes in the historic neighborhood of Old Floresta were designed by the architectural father of Boca Raton, Addison Mizner. Although these are some of the more high-scale communities, there are plenty of reasonable homes and communities. The older, coastal communities, many of which feature ocean or Intercostal views, tend to be more upscale, particularly around the Boca Raton Resort & Club, where condominium units at a building like The Addison start at $1,500,000. In the newer areas in West Boca you will find beautifully manicured, planned urban developments, as well as all-amenities included, country-club living." Click here to view current Market Conditions in your location.


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