Check Out Montreal Canadians Star Max Pacioretty's Newly Listed Boca Raton Retreat

Montreal Canadians star Max Pacioretty has listed his Boca Raton retreat complete with a Canadians colored basketball court. Pacioretty was the teams' point leader in 2011-12 with a career-high 33 goals and 32 assists in 79 games. Pacioretty also won the Bill Masterton Memorial Trophy for "perseverance, sportsmanship and dedication to hockey.” Located in the prestigious community of Royal Palm Yacht & Country Club, the home offers 5 bedrooms and 4.5 bathrooms spread over 5,800 SF. The property was completely renovated in 2017 with 13' ceilings, marble flooring, outdoor summer kitchen, saltwater pool, artificial turf lawn, Sonos surround sound throughout and a weather resistant roof. 434 Areca Palm Rd., Boca Raton is currently listed for $3,450,000 with Devin Kay of Douglas Elliman. 

Douglas Elliman Continues Florida Expansion With Acquisition of Pink Palm Properties

Douglas Elliman Real Estate, the third largest residential real estate brokerage company in the United States, has that it is growing the company’s presence in South Florida with the acquisition of Pink Palm Properties, a highly respected firm founded in Boca Raton. 

Pink Palm Properties is led by Rochelle LeCavallier and has produced sales in excess of $100,000,000. The firm specializes in properties primarily located in the exclusive gated community of Royal Palm Yacht & Country Club, Boca Raton. LeCavallier and her team will join Douglas Elliman at the Boca Raton office located at 444 East Palmetto Park Road. LeCavallier has been recognized for many prestigious designations including Certified Investor Agent Specialist (CIAS), which is held by fewer than 1% of all Realtors, is an Accredited Residential Manager (ARM) with the Institute for Real Estate Management and Certified Luxury Home Specialist (CLHMS) and is a member of Who’s Who of Luxury Real Estate.

“Rochelle and her respected firm have been instrumental in setting records and showcasing the esteemed Royal Palm community of Boca Raton,” said Jay Phillip Parker, CEO of Douglas Elliman’s Florida brokerage. “The acquisition of Pink Palm Properties, coupled with the expertise, national and international network of Douglas Elliman, will cohesively provide the community with an elevated level of exposure, service and experience in the real estate industry.”

"I am honored to have been chosen by Douglas Elliman to become part of their expansion in the Boca Raton market,” said Rochelle LeCavalier, CEO and Founder of Pink Palm Properties.  “Having the backing of a company that spans so many important feeder-markets nationally and an international affiliation with Knight-Frank opens endless opportunities for me and my team to deliver an elevated experience to our clients locally. The world-class resources and support that Douglas Elliman offers their agents will take our business to the next level.”  

Leading Architect Derek & Lisa Vander Ploeg List Their Frank Lloyd Wright Inspired Boca Raton Estate

Derek and Lisa Vander Ploeg, an architect and interior designer who head the prominent Boca Raton firms of Vander Ploeg & Associates and its complement, VPA Interior Design, have listed "Dos Lunas," their Boca Raton estate, for $4.875 million. The estate was painstakingly created as a labor of love, this striking masterwork draws its inspiration from Frank Lloyd Wright, who espoused the philosophy of organic architecture designed as a cohesive whole in harmony with the natural environment. With no detail overlooked and no expense spared, the estate was completed in 2006 after a three-year design and construction process. "Dos Lunas" takes shape in a sublime architectural scheme echoing the moon, which continues outdoors in the curves of the tiered waterview terraces, infinity-edge pool, and even the dock on the Intracoastal Waterway. The estate is a quiet cul-du-sac located on a point on the Intracoastal Waterway with over 125' of waterfront. 

Dos Lunas was built with a blend of simplicity and richness, artistry and function, openness and shelter, the overall effect sets a calm Zen-like mood throughout. The home offers 4 bedrooms and 6 full bathrooms spanning 7,062 SF. Almost all of the design elements have been custom-crafted for the residence including the furnishings, moldings, and doors with even the staircase and fireplaces fashioned as unique sculptural works of art. Well-flowing living spaces are featured along with a chef's dream kitchen and a serene master suite ensconced in a private wing. The home was designed to connect the indoors and outdoors with Noce travertine floors and the beach-hued sandstone wall tiles that adorn the interior living areas and the façade. Outside features elegant gardens, infinity pool, and 125' of waterfront.

898 Berkeley St., Boca Raton, FL is currently listed for $4,875,000 with Jeff Wilson of Douglas Elliman.

Douglas Elliman Releases Q2 Market Reports For South Florida As Pricing Continues To Rise

Douglas Elliman has released their Q2 Market Reports for South Florida, produced in conjunction with Miller Samuel, a leading independent appraisal firm. Despite the constant rumblings of a bubble or a crash, the South Florida market continued to show strength and prices continuing to push higher in both the luxury and overall markets across nearly all markets including Miami Beach, Miami coastal mainland, Fort Lauderdale, Boca Raton, Delray Beach and Jupiter. The quarter also reflected the most sales in 3 years in both Miami Beach and Delray Beach. The general health of the market should remain strong as South Florida continues to be a haven for flight capital and population growth, matched with fast-growing world-class cities, a high quality of life and no state income tax. 

Miami Beach & Barrier Islands

• Price trend indicators posted strong gains across the overall and luxury markets
• Number of sales and pending sales moved up from year ago levels
• Although listing inventory has been rising for more than four years the rate of growth has eased considerably in past year
• Overall days on market and listing discount expanded as older listing inventory was cleared from the market
• Most second quarter sales in three years
• Luxury condo average sales size surged and pending sales posted strong gains
• Luxury listing inventory slipped

Key Trend Metrics (Year Over Year)

Overall:

• Median sales price rose 7% to $438,000
• Average sales price increased 15.8% to $1,098,024
• Number of sales increased 10.7% to 1,025
• Days on market was 148, up from 139
• Listing discount was 11%, up from 9.7%
• Listing inventory increased 3.9% to 6,319

Luxury Condo:

• Median sales price surged 47.6% to $3,370,000
• Days on market was 196, up from 194
• Listing discount was 12.7%, up from 11.4%
• Listing inventory fell 20.3% to 959 units
• Entry threshold began at $1,900,000

Luxury Single Family:

• Median sales price jumped 34.5% to $10,760,000
• Days on market was 262, down from 292
• Listing discount was 16.5%, up from 14.5%
• Listing inventory jumped 32.3% to 209 units
• Entry threshold began at $4,950,000

Miami Coastal Mainland

• Overall conditions reflect rising prices, stable sales and modest inventory gains
• Median sales price increased year over year for the 15th consecutive quarter
• Highest market share of conventional financing in more than five years of recording
• One in four single family sales and half of  condo sales were purchased with cash
• Number of sales well above the 5-year quarterly average
• Listing inventory edged higher for second quarter after six consecutive quarters of year over year declines

Key Trend Metrics (Year Over Year)

Overall:

• Median sales price increased 6.7% to $320,000
• Average sales price rose 8.8% to $456,591
• Number of sales fell 0.3% to 4,191
• Days on market was 86 up from 79
• Listing discount was 5.6%, up from 5.5%
• Listing inventory rose 2.7% to 11,184 units

Luxury Condo:

• Median sales price rose 6.4% to $814,951
• Days on market was 176 days, up from 169
• Listing discount was 8.1%, up from 7.7%
• Listing inventory declined 6.3% to 2,537
• Entry threshold began at $580,000

Luxury Single Family:

• Median sales price rose 6.7% to $1,600,000
• Days on market was 125 days down from 133
• Listing discount was 7.9%, up from 7.7%
• Listing inventory slipped 1.1% to 1,012 units
• Entry threshold began at $960,000

Fort Lauderdale

• Sharp price gains in the overall condo and single family markets
• All condo price indicators set new records
• Overall condo market showed a large burst in year over year sales in last two quarters
• Large gain in conventional financial market share for both property types
• Luxury listing inventory fell sharply across property types

Key Trend Metrics (Year over Year)

Luxury Condo:

• Median sales price increased 9.8% to $1,281,600
• Days on market was 81, up from 68
• Listing discount was 6.8%, up from 5.6%
• Listing inventory fell 31.8% to 255 units
• Entry threshold began at $975,000

Luxury Single Family:

• Median sales price rose 35% to $2,265,000
• Days on market was 167, up from 155
• Listing discount was 9.2%, up from 8.2%
• Listing inventory declined 15.6% to 298 units
• Entry threshold began at $1,500,000

Boca Raton

• Overall price trends for both condos and single families increased year over year
• Sales slipped an inventory edged higher for both property types from the year ago quarter
• Share rise in average sales size and price trend indicators for luxury condos
• Unlike overall market, listing inventory for luxury properties declined
• Luxury pending sales are up year over year

Key Trend Metrics (Year Over Year)

Luxury Condo:

• Median sales price rose 24.8% to $1,051,250
• Average sales price surged 31.3% to $1,394,111
• Days on market was 128 days, up 14.3%
• Listing discount was 8.3%, unchanged
• Listing inventory fell 21.1% to 243
• Entry threshold began at $645,000

Luxury Single Family:

• Median sales price declined 4.8% to $1,900,000
• Average sales price rose 1.8% to $2,605,203
• Days on market was 142 days, down from 165
• Listing discount was 9.6%, up from 9.5%
• Listing inventory declined 25.8% to 419
• Entry threshold began at $1,250,000

Delray Beach

• Most price trend indicators for the overall market by condo and single family moved higher
• The number of sales for condos and single families market wide increased
• Marketing time fell across the overall market
• The negotiability of luxury single family and condos tightened

Key Trend Metrics (Year Over Year)

Luxury Single Family:

• Median sales price surged 12.3% to $1,737,500
• Days on market was 148, up from 118
• Listing discount was 8.7%, down from 11%
• Entry threshold began at $1,260,000

Luxury Condo:

• Median sales price declined 10% to $575,750
• Days on market was 80, down from 116
• Listing discount was 5.5%, down from 5.8%
• Entry threshold began at $390,000

Wellington

• Overall market price trend indicators moved higher over both property types
• Listing inventory and sales were up slightly across most segments of the market
• Luxury single family prices and sales size were up sharply
• Smaller luxury condo sales size skewed most price indicators lower

Key Trend Metrics (Year Over Year)

Luxury Condo:

• Median sales price fell 23.2% to $437,500
• Average square footage fell 11.9% to 2,034
• Days on market was 182, up from 160
• Listing discount was 5.9%, unchanged
• Listing inventory rose 8.3% to 52
• Entry threshold began at $350,000

Luxury Single Family:

• Median sales price jumped 34.4% to $2,150,000
• Average square footage rose 17.3% to 4,877
• Days on market was 176, up from 167
• Listing discount was 14.9%, up from 14.4%
• Listing inventory rose 4.3% to 218
• Entry threshold began at $845,000

Palm Beach

• Highest combined number of condo and single family sales in three years
• Listing inventory fell across the market by property type
• Condo price trends declined, skewed by shift to smaller sized sales
• Luxury inventory and days on market expanded

Key Trend Metrics (Year Over Year)

Luxury Condo & Single Family:

• Median sales price declined 20.8% to $12,537,970
• Days on market was 148, down from 140
• Listing discount was 17.7%, up from 15.3%
• Listing inventory rose 30.2% to 69
• Entry threshold began at $6,786,250

Jupiter/ Palm Beach Gardens

Jupiter:

• Single family price trend indicators increased as sales and inventory declined
• Condo price trend indicators rose sharply as sales declined

Palm Beach Gardens:

• Single family price trend indicators were mixed as sales and inventory declined
• Condo price trend indicators for the overall markets continued to rise

Key Trend Metrics (Year Over Year)

Jupiter Single Family:

• Median sales price increased 7.3% to $515,000
• Days on market was 60, down from 69
• Listing discount was 5.2%, down from 6.5%
• Listing inventory declined 8% to 402

Jupiter Condo:

• Median sales price rose 12.9% to $315,000
• Days on market was 65, up from 62
• Listing discount was 4.6%, down from 4.9%
• Listing inventory rose 11.7% to 277

Palm Beach Gardens Single Family:

• Median sales price increased 4.8% to $492,500
• Days on market was 77, down from 86
• Listing discount was 6.9%, down from 7.6%
• Listing inventory declined 2.5% to 516

Palm Beach Gardens Condo:

• Median sales price rose 3% to $242,000
• Days on market was 52, down from 62
• Listing discount was 4.4%, down from 4.6%
• Listing inventory jumped 21% to 236

Tour The Legendary American Tennis Icon Chris Evert's Boca Raton Estate Which Just Hit The Market For $4.999 Million

American legend and tennis icon, Chris Evert, former World No. 1 from the United States who holds 18 Grand Slam singles championships and three doubles titles, has listed her Boca Raton estate today for $4.999 million with Katia Reisler of Douglas Elliman and Rebecca Spooner of Siemens Group Realty.

Located at 8563 Horseshoe Lane in Boca Raton, the estate offers 8 bedroom and 7.5 bathrooms situated on 5-acres complete with a tennis court, putting greens, a garage to accommodate 9 cars and 2 guest houses. The main house features 6 bedrooms, 2 bedrooms in guest house, as well as maids quarters and laundry room. The meticulously designed estate offers multiple living and entertaining areas including large living room with fireplace and wet bar, large theater room, large office off living room and expansive dining room with butler's pantry; as well as a Chef's kitchen with large island, granite countertops, sub-zero appliances and large pantry. In addition to the tennis court and putting green, the beautifully landscaped grounds are perfect for entertaining with a large pool, covered patio and lounge areas.

8563 Horseshoe Lane, Boca Raton, is currently listed with $4,999,000 with Katia Reisler of Douglas Elliman and Rebecca Spooner of Siemens Group Realty.

Check Out This One-Of-A-Kind Waterfront Boca Raton Estate Asking $7.55 Million Complete With Limited Edition Art Throughout

Located in the highly exclusive and private Princeton Estates within Woodfield Country Club at 5224 Princeton Way, Boca Raton, FL for $7,550,000, this one-of-a-kind gated, waterfront estate features a significant collection limited addition artwork and statues by notable artists throughout. One of the statues is only 1 out of 5 that exist, with another being displayed at the Time Warner Center in NYC.

With dramatic lake and golf views, the estate offers 9,088 SF of living space spread over 6 large bedrooms, 8.5 bathrooms and a guest house on nearly 1 acre of land. The property was designed to entertain complete with a formal bar, butler’s pantry for dining staff, a gaming loft and a state-of-the-art movie theater to relax in custom designed leather recliners.  The home also features a Crestron system, 80KW full house generator, central vacuum, two fireplaces, automatic shades, hurricane impact windows & doors.

The spectacular master suite features a separate living area, fireplace, his and her bathroom complete with a personal gym, steam room and sauna. Inside you will find elegant interior finishes highlighted with marble and wood floors, a private wood-paneled office, silk lined walls in the expansive dining room, a chef’s kitchen with eat-in area and family room.

Outdoors, the estates lushly landscaped grounds include a BBQ area in a protected screened porch, and a gazeebo overlooking a massive resort-style 50k gallon salt-water pool  and spa. The property also offers a five-car garage with large basketball court.

5224 Princeton Way, Boca Raton is currently listed for $7,550,000 with Matt Simon & Darin Tansey of Douglas Elliman.

Healthy Sales Reported at Akoya Boca West, Bringing Modern Luxury Living to Boca West Country Club

Healthy sales have been reported at Akoya Boca West, which is expected to be completed this fall (2018). In phase one, 70% percent tower one residences are sold, 50% of its tower two residences are sold and only one penthouse remains. Akoya Boca West, being developed by Siemen's Group, is bringing modern, luxury waterfront condo living to Boca Raton at Boca West Country Club. The project rises 10-stories and features 139 luxury condo residences which range from 2 to 5 bedroom floor plans. The contemporary units feature flow-through layouts with open living areas, golf course views, kitchens with Italian cabinetry and Wolf and Sub-Zero appliances. Amenities include a glass-framed porte cochere, residents lounges, outdoor lounge, 24-hour security, and pool. Akoya Boca West requires at least the social membership, granting access to Boca West Country Club fitness center, spa, aquatics center, 31-court tennis center, pool and sundecks, events and 6 restaurants. Upgraded golf memberships include unlimited access to 4 championship golf courses designed by Pete Dye, Arnold Palmer and Jim Fazio. Pricing at Akoya Boca West begins around $900,000 and sales and marketing are being exclusively handled by Douglas Elliman.

“A lot of people find the ocean and the water to be very relaxing. But looking out at the green, when you see the people in their carts or hitting golf balls, it’s very relaxing,” said Rob Siemens, Marketing Director for Akoya Boca Wests. "It’s an upscale, modern building and we have all the amenities of the club: the golf courses, fitness center, spa, restaurants. You basically don’t have to leave Boca West. The only thing you have to leave for is to get milk. Everything else is here.”