Palm Beach: (561) 659-5113
Dominican Republic: (809) 523-2273

On The Move

LET’S BIKE TO NEW LISTINGS
Courtesy of PALM BEACH BICYCLE TRAIL SHOP
New location: 

50 Cocoanut Row, Suite 117
Palm Beach, Florida 33480

Just Listed
OPEN HOUSE, Thursday, October 19 10:00am – 12:00pm

222 PLANTATION ROAD
$5,300,000

Built in 2004, the house has many classic Bermuda features. Open living spaces, trey ceilings, beamed ceilings, custom molding, French doors and natural southern light adorn this 4,412 square foot home. The expansive master suite opens to the pool and includes his and her closets along with a library. Each of the three guest bedrooms has en suite bathrooms. The lush landscaping creates a private setting for the covered patio, pool and garden area great for outdoor living and completes the Florida feel of this home, ideal for entertaining family and friends. See this listing

Crista Ryan
561.313.1327


Office : 561.659.5113
220 Sunrise Ave
Ste. 103
Palm Beach, FL 33480

Just Listed! 320 Nathan Hale Road

Just Listed

320 Nathan Hale Road
$579,000

Great family home in the sought-after Southend Intracoastal area. This bright and cheerful 4 bedroom, 2 bath home features an open kitchen, spacious floor plan, and private back patio with intracoastal breezes. Recently updated kitchen, bathroom, air conditioner, duct work and electrical work. New roof in 2016. Perfectly situated just minutes to antique row, Palm Beach, airport, restaurants and beaches! See More Here

Jen Thron
561.310.3265


Office : 561.659.5113
220 Sunrise Ave
Ste. 103
Palm Beach, FL 33480

First lot from former Kluge estate sells for $6.99M

Sir Peter Wood bought the estate for $39 million last year and turned it into a five-lot subdivision

 

Sir Peter Wood got $6.99 million for selling the first of five lots in Palm Beach he subdivided from the estate of late billionaire John Kluge.

Wood sold the 20,361-square-foot lot for approximately $343 per square foot to a Palm Beach couple who own an oceanfront home adjacent to the lot.

The lot had been listed for sale with a $7.95 million asking price.

The new owners are Thomas D. and Mary Alice O’Malley, who reside at 101 El Bravo Way.

The former Kluge estate is located at the corner of El Bravo Way and South County Road.

Wood bought the former Kluge estate for $39 million in 2016 from the billionaire’s alma mater, Columbia University. Kluge bequeathed the 5.12-acre property to the university before he died in 2010.

Wood is marketing the remaining four lots at asking prices that range from $6.89 million to $14.5 million. — Mike Seemuth

Treasure Coast loses another bid to stop extension of Brightline to Orlando

It was one of the several unsuccessful legal challenges by the Treasure Coast to the planned extension of Brightline from South Florida to Orlando.

 

An administrative law judge Friday denied a challenge to the South Florida Water Management District’s decision to issue a permit needed to extend the planned Brightline passenger rail service from South Florida to Orlando.

The judge tossed out the challenge brought by Martin County, St. Lucie County and the Town of St. Lucie Village.

It was one of the several failed efforts by local governments in Florida’s Treasure Coast region to challenge the planned extension of the Brightline rail service to Orlando.

In May, for example, a federal judge denied a challenge by Martin County and Indian River County against the U.S. Department of Transportation’s decision to issue Private Activity Bonds to finance the development of Brightline.

The Brightline service is expected to begin this year in South Florida between downtown stations in Miami, Fort Lauderdale, and West Palm Beach.

The administrative law judge’s action on Friday cleared the way for the South Florida Water Management District to issue a permit authorizing construction and operation of a stormwater management system, modifications of certain culverts and bridges, and improvements to 23 roadway crossings between West Palm Beach and the northern border of St. Lucie County.

Welcome Our Newest Agent, Anna Donahue

 

Introducing Anna Donahue

Tina Fanjul Associates Welcomes Anna Donahue

Anna Donahue hails from New York, and has had a family home in south Florida since 1963.  She has deep knowledge of many of Palm Beach County’s coastal communities.  Nothing makes Anna happier than to match her buyers with their ideal home. You can count on her to do a thorough market analysis, taking into account trends and market context.  Along with her husband, Anna has also bought, sold and renovated many family homes over the years.  She sees potential where others may not, bringing her wonderful aesthetic and spatial talents to the real estate world.  As a former advertising executive and an accomplished creator of fine art jewelry, Anna understands customer service. She also believes that finding your home should be fun.
ANNA DONAHUE

718.314.0485
adonahue@fanjulrealestate.com

Office: 561.659.5113
220 Sunrise Ave
Ste. 103
Palm Beach, FL 33480

 

Here’s why homes in disaster-prone areas tend to be more valuable

Ocean views come with a price
 

Hurricane Irma hit some of the most valuable real estate in the U.S., and that’s hardly a coincidence. Home values in areas prone to natural disasters have been rising far more quickly than in the rest of the country, according to a new study by Attom Data Solutions.

The company matched areas with government data on storms, floods, earthquakes, and wildfires and found that those with a very high risk of natural disasters saw home prices rise 55 percent since 2012 to an average of $325,178. Prices in areas with the lowest risk rose a mere 30 percent to $223,375.

Attom’s Daren Blomquist said traits many homebuyers value, such as ocean views or warm weather, also increase risks. But more importantly, many of the cities in the path of floods and hurricanes, such as Houston, Palm Beach, and Miami, have seen strong economic growth, pushing up property values.

“The primary reason people buy a home somewhere is that there are jobs there,” Blomquist said.

CoStar estimated last month that hurricane Harvey may have flooded $55 billion worth of Houston real estate.
— Konrad Putzier

Don’t Miss This Perfect Seasonal Rental

THE PERFECT RENTAL 2017 – 2018 Season!

2505 S OCEAN BOULEVARD, #214, PALM BEACH

$4,500 per Month Seasonally Furnished
Beautifully renovated 2 bedroom 2 bathroom condo with intracoastal views available for the season. Enjoy the deeded ocean access during the day and sunsets every night from your wrap around balcony. You have full access to the pool and tennis courts. The unit is adjacent to the Par 3 public golf course. There is a washer and dryer in the condo. You also have access to dock space. This will not last long. See More Here


Jen Thron
561.310.3265
Email: jenthron@gmail.com

Office : 561.659.5113
220 Sunrise Ave
Ste. 103
Palm Beach, FL 33480

After Irma; Open and Available to Assist

We hope everyone weathered Irma with minimum or no damage.  Tina Fanjul Associaties is up and running as of yesterday.  So please reach out to us if there is anything we can do to help with your home. Please know that we are thinking of you and we hold everyone affected by the storm in our prayers.

Palm Beach, West Palm Beach, and surrounding areas are working diligently at cleaning up debris and returning to normal operations. FPL and other power companies are doing an excellent job at restoring power to our communities. When we come together helping and working with each other it lets us know how strong we are. Below are somehelpful links for information as we rebuild.
townofplambeach.com
**City of West Palm Beach Emergency Mgmt
FPL Power Outages
FPL Power Restoration
City of Lake Worth Power Tracker
Palm Beach County Public Safety – Emergency Management
Tina Fanjul Associates, LLC
Palm Beach / Miami / Casa de Campo
561.659.5113
offfice@fanjulrealestate.com

Broadway producer’s waterfront home in Palm Beach sells for $13M

House hit the market for $20M shortly after Jimmy Nederlander’s death in July 2016.

 

The late long-time Broadway titan James “Jimmy” Nederlander and his wife Charlene just sold their waterfront, Palm Beach home for $13.1 million, property records show.

The 8,970-square-foot house at 822 South County Road traded for about $1,460 per square foot. Records show the buyer is West Palm Beach-based company, M&M Palm Beach Property Investors, managed by Kochman & Ziska. The firm is known for representing high-net-worth clients in South Florida.

Records show the Nederlanders bought the house in 2010 for $13.5 million, meaning it sold at a slight loss. Charlene Nederlander’s daughter, Kristina Gustafson, with Southfields Real Estate, had the listing.

Jimmy Nederlander, who once headed the major Broadway theater owner Nederlander Organization, produced the original Broadway runs of the musicals “La Cage aux Folles” and “Nine.” He passed away in July 2016 at the age of 94. The house hit the market about the same time for $20 million, according to Redfin. It sold at a 34.5 percent discount off its original asking price.

The five-bedroom, six-and-a-half-bathroom home was built in 1940, records show. It sits on a 0.75-acre lot and includes a two-bedroom guest home with its own pool, one of two on the property. The Georgian-style house was designed by famed architect Maurice Fatio. Features include floor-to-ceiling windows, wood floors, a pool and 100 feet of water frontage.

The town granted the house landmark protection in 1990, according to the Palm Beach Daily News.

Palm Beach homes are known for fetching big price tags. Just this week, hedge funder Dan Floersheimer, president of Greenwich, Connecticut-based Augmentum Advisors, paid $8.75 million for a Palm Beach home at 125 Chateaux Drive.

tony signiture

Need a home for the holidays? Dr. Oz’s Palm Beach manse asks $95k/month

 

It’s the most wonderful time of the year, when homeowners in Palm Beach start looking for snowbirds eager to drop serious cash for a winter vacation mansion.

Dr. Oz, known for his lifestyle and health advice on the television series “The Dr. Oz Show,” is listing his oceanfront home for $95,000 a month – marking one of the most expensive price tags in the tony town, according to the Palm Beach Daily News. That’s in addition to a $90,000 deposit.

The home at 473 North County Road is a landmarked estate that was built in 1919. It was designed by noted architect Addison Mizner.

Dr. Oz paid $18 million for the home in 2015, records show. The Ozes have rented out the 12-bedroom house for at least part of the season since they bought it, according to the Palm Beach Daily News.

The home is the second most expensive seasonal home rental in Palm Beach. Another beachfront mansion at 100 El Bravo Way is asking $135,000 a month, for at least a six-month period, according to Palm Beach Daily News.

The home has already scored a renter for at least three months in the coming season, according to the Palm Beach Daily News.

Seasonal leases on the island are common. About 77 single-family properties, including townhouses, and nearly 100 units in multifamily buildings are for lease, according to the Palm Beach Board of Realtors Multiple Listing Service. – Amanda Rabines

tony signiture

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Information in regards to real estate and homes for sale or other listings may have come from a cooperative data exchange service. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. We provide all information about homes for sale and real estate or other listings as is with absolutely no warranties. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate, is prohibited. Feel free to contact our agents to find a great specialist.