Weekly Update
An off-market sale on Dunbar Road closed this week for $29.5M. This sale could continue to set the market for non-waterfront transactions in Palm Beach heading into the season. Premier in town and Estate Section streets have an ever-growing list of $25M+ sales for non-waterfront homes. This is a benchmark only ever achieved once prior to 2020.
A $16.9M listing hit the market in the Near North End this week. This area is categorized as the region between Wells Road and the Palm Beach Country Club. The MLS will filter this area into the North End on technicality, but this area has a slightly different feel and elements. This listing is on Miraflores Drive. The owners of the 2020 built home are looking for $10M more than what they paid for it in 2021.
A little south, 211 Park Avenue appears to have found a buyer. The asking price was $6.9M. Unlike the Park Avenue in Manhattan, this is not a premier street on the Island. The homes are typically smaller here, but the street’s location allows residents to walk to some of the town’s commercial offerings.
Did you know…
The Palm Beach Police have unveiled a new high-tech crime center with advanced artificial intelligence surveillance.
This Week
Single Family Homes
Pending – 1
Closed – 1
New – 1
New –210 Miraflores Dr $16,900,000
Pending – 211 Park Ave $6,900,000
Closed – 158 Dunbar Rd $29.5M (Off-market)
Condos and Townhomes (In-Town Only)
Pending – 1
Closed – 0
New – 1
New –150 Bradley Pl, 712 $6,295,000
Closed – 400 S Ocean Blvd, 222 $3,995,000
Notable Price Reducions
FEATURED LISTING
210 Miraflores Dr
$16,900,000
4 Bedroom | 5 Full 1 Half Bath
3,715 Living SqFt | 4,440 Total Sqft | 10,890 Lot SqFt
“Gorgeous contemporary 4BR/5.1BA home built in 2020. Stunning marble and hardwood detailing. Formal foyer leads to living room and dining room. Beautiful kitchen with enormous chef’s island, top-of-the-line appliances, and gorgeous detailing. Large Primary Suite features balcony and dual baths and closets. Additional highlights include elevator, wine storage, and 2 car garage. Tropical landscaping surrounding resort-style backyard with pool, BBQ, and loggia with fireplace.”
Listed by Christian Angle, Christian Angle Real Estate
We would be honored to represent you in your search for your new home in South Florida. Please contact us and we will put our knowledge and experience to work for you. Call the K2 Team at 561.691.1223