March 2016

Found 2 blog entries for March 2016.

Vince Marotta, North Palm Beach real estate agentThe Marotta Realty Group is proud to announce that Vince Marotta recently sold the most expensive Jupiter Island condo in more than two years. This suite represents the penthouse on the north side of The Claridge, a signature building which most experts will say has no area rival other than perhaps The Carlyle on Jupiter Island.

About The Luxurious Suite In The Claridge

Mr. Marotta represented the seller, and Ray McAlees of Coastal Sotheby's International Realty represented the buyer.  This ultra-luxury suite consists of three bedrooms with four full baths, a half bath, and 3,510 SF of air conditioned space.  Best of all, the apartment boasts a private roof top terrace on two levels with a outdoor bar, summer kitchen, and air conditioned full bath

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Singer Island condominiumsA close examination of the Singer Island oceanfront condo market shows that about 40% of the sales occur in the price range between $200,000 and $400,000. I looked at the closed sales data in the Multiple Listing Service (MLS®) for the one year period 3/23/15 to 3/23/16 and noticed that 84 of the sales out of a total of 209 were in that price range, and that's exactly 40%. I then looked at the data for the prior one year period 3/23/14 to 3/23/15 and found that 85 sales out of the total of 205 or 41% were priced between $200,000 to $400,000.

These units are typically 2 bedrooms with 2 baths, and in the size range of 1,100 SF to 1,500 SF. Certain factors like age of building, ocean and/or Intracoastal Waterway views, floor level, building amenities, and

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