Weekly Update
Another week, another off-market sale on the Island. This time it was for a large first floor unit in the Winthrop House. The unit had been on and off the market in the brick building on the ocean and Worth Avenue. It ended up trading at $8.2M after multiple stints on the market over $10M.
There were a number of new listings to hit the market as well. A North End house across from the ocean is asking $39.5M and a new construction house is asking just under $17M. That one is also in the North End. A pair of townhouses hit the market, both asking over $9M. Lastly, three condos were listed for sale. All of those were between $1.5M and $2.5M.
There were some notable pending deals this week. A house on El Brillo which was asking over $20M went into contract. Additionally, I condo asking over $10M in the 400 building did the same. A lower priced deal occurred at 240 El Dorado which was asking $6.995M.
Did you know…
The Winthrop House on Worth Avenue is the only condo on the Island with a tunnel to the beach.
This Week
Single Family Homes
Pending – 2
Closed – 0
New – 2
New –1160 N Ocean Blvd $39,500,000
New -225 El Pueblo Way $16,995,000
Pending -218 El Brillo Way $20,900,000
Pending -240 El Dorado Ln $6,995,000
Condos and Townhomes (In-Town Only)
Pending – 1
Closed – 1
New – 4
New – 245 Everglade Ave $9,950,000
New – 307 Everglade Ave $9,250,000
New – 354 Chilean Ave #2D $2,395,000
New – 226 Chilean Ave, 1 & 2 $1,995,000
New – 139 Sunrise Ave, 409 $1,585,000
Pending – 400 S Ocean Blvd, PH-C $10,200,000
Closed – 100 Worth Ave, 101 $8,200,000 (off-market)
FEATURED LISTING
225 El Pueblo Way
$16,995,000
5,149 Living SqFt | 5,500 Total Sqft | 12,632 Lot SqFt
“Brand new Palm Beach Classic home on quiet north end street. Built by Courchene Development, a company with over 50 years of building luxury homes in Palm Beach County. First floor Owner’s Suite. Steps away to beach and lake trail. The latest technology and every amenity that you would expect in this magnificent new home, including a full house generator and electric charging station. Steps away from private beach access and lake trail.”
Listed by Richard True, The Corcoran Group
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