Palm Beach Real Estate… North End Sales Remain Strong… Market’s Hot!

August 25, 2016 by · Leave a Comment 

We are pleased to announce we listed and put under contract; 225 Arabian Road, closing in September, close to the asking price;  $2,650,000. 
 
Palm Beach North End sales continue to be Hot this summer, along with the over 90 degree heat!  According to the Palm Beach Multiple Listing Service; there are currently 5 other “Pending” sales in the North End, Wells Road to Inlet Road, ranging from asking prices of $1.750 million to $23 million. Over the past year, there have been 50 homes sold in the North End,  ranging from $1,450,000 to $43,700,000. 
 
Interested in analyzing the market?  Please review our Quarterly Market Reports to verify all home sales recorded.  We are delighted to share this information with you.   Our goal is to keep you abreast of the Palm Beach real estate market… we consider it another important customer service;  an educated buyer/seller is a satisfied customer, and satisfied customers lead to sales and referrals.  Preview all listed homes on our fabulous web site:  www.LindaOlsson.com.
 
Are you interesting in selling your home?  Now is an excellent time to list your property for sale while the market is strong, inventory is low, and demand continues to be high.  Please contact us… we would appreciate the opportunity to get together with you to discuss the market and what price you could expect for your property in today’s market.  
 
With over 26 years of experience, let us put our expertise to work for you. We pride ourselves in Superior Customer Service.  Choosing a firm with the commitment, confidentiality and dedication to represent your best interest’s makes all the difference. 
 
Thank you for your time and consideration.
 
We look forward to hearing from you.

Our newest Sun & Surf Oceanfront listing!

August 9, 2016 by · Leave a Comment 

We are proud to share our newest Sun & Surf oceanfront listing with you.  This remarkable 4 bedroom 5 bath plus den is absolutely stunning!  Unit 223/224  at 100 Sunrise Avenue includes a direct oceanfront double cabana, and is truly a rare find.  

Renovated to perfection for the discerning buyer this unit features: fine Italian veneered cabinets, Cambria Quartz counters, Subzero and Wolf appliances, amazing marbles/natural stones, Kohler, Toto, Grohe/Duravit plumbing fixtures and fully integrated ”smart home” technology with Lutron lighting and Somfy motorized shades.

Have you or a friend been searching for a renovated four bedroom, in-town, oceanfront condominium?  This unique unit with ocean views from every room  must be seen to be appreciated.

Interested in previewing this unit?   Contact us for your private showing. Prefer to preview the floor plan and photos?  Click here.

Are you thinking of making a change?  Do you want to sell your condominium?  Let us put our 26 years of experience to work for you.  Contact us… we will be pleased to meet you at your convenience.  Review all listed properties, testimonials, quarterly market reports on our outstanding web site…LINDAOLSSON.COM

We look forward to hearing from you… Contact us for Experience you can Trust!

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Palm Beach Real Estate… Second Quarter 2016 Market Report

July 14, 2016 by · Leave a Comment 

Dear Clients, Colleagues, Friends and Family;
Are you thinking about buying or selling a Palm Beach home or condominium?
The hallmark of our firm is Superior Customer Service. We believe an educated customer is a satisfied customer, and satisfied customers lead to sales and referrals. We are delighted to share our 2016 Quarterly Market Sales Report (April to June, 2016), for you to analyze the market. Visit our outstanding website LindaOlsson.com to preview previous quarterly reports, testimonials from buyers and sellers, all listed Palm Beach properties for sale, and keep abreast of market trends through our blog.
Choosing a firm with the commitment, confidentiality and dedication to represent your best interest makes all the difference. Specializing in Palm Beach Luxury Properties for over 26 years and ranked 26 in the State of Florida for sales volume by the Wall Street Journal….we welcome the opportunity to put our expertise to work for you.
We hope you enjoy the report and look forward to hearing from you.

Contact Us For Experience You Can Trust!

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Palm Beach Quarterly Market Report: (April to June 2016) Summary:
Active Palm Beach listings for Homes and Condominiums as of July 12, 2016
North End Homes: 65

Mid-Town Homes: 28

Mid-Town Condominiums: 99

Estate Section: 33
Area 1: North End: (Inlet Drive to Wells Road) 18 homes– SOLD
Average price: $6,235,966 – Average per sq.ft. $1009
Highest priced per sq.ft. 1055 N. Ocean Blvd. – $1,897
Lowest priced per sq.ft. 305 Maddock Way – $217
Area 2: Mid-Town: (Wells Road to Worth Avenue) 14 homes–SOLD
Average price: $3,647,500 – Average per sq.ft. $776
Highest priced per sq.ft. – 150 Clarke Avenue – $1,519
Lowest priced per sq.ft. – 168 Seabreeze Avenue – $358
Area 2: Mid-Town: (Worth Avenue to Wells Road) 38 condos — SOLD
Average price: $1,307,421 $704/sq/ft.
Highest per sq. ft. – 2 N. Breakers Row S-44 – $2,719/sq.ft.

 

Area 3: Estate Section: (Worth Avenue to Sloan’s Curve) 8 homes– SOLD
Average price: $11,818750 – Average per sq.ft. $1,219
Highest priced per sq.ft. – 7 Golfview Road – 1,920 sq.ft.
Lowest priced per sq.ft. – 9 Golfview Road – $784
(Information provided by the Palm Beach MLS service, deemed reliable but subject to errors and omissions. Private sales from tax reports are included in the report.)

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Palm Beach Real Estate… In-Town Ocean Block

July 1, 2016 by · Leave a Comment 

Dear Clients, Colleagues, Friends and Family,
I am pleased to share our newest listing with you… 120 Atlantic Avenue. This gracious 5BR/5.5BA home with open floor plan and floating staircase is fabulous for entertaining. Built in 1990 this Classic Mediterranean with private direct oceanfront beach parcel is a rare find! New custom kitchen with three Subzero refrigerators, 3 Miele dishwashers, 3 wine coolers, impact windows, mahogany library, formal dining room, spacious laundry room, and excellent closet space throughout. Features circular Chicago brick driveway, two car garage and additional parking area. Lovely pool, spa and covered patio. The 5th bedroom and bath are perfect for guests or staff with private outside entrance. Fabulous approx. 6,000 sq. foot beach house in a prime Palm Beach location! Click here to preview home photos and details.

Atlantic Avenue, is hot with two sales in June of new construction homes on the middle block. Sales have been brisk in this sought after location, within walking distance to restaurants, shopping, and The Breakers. Two Atlantic Avenue homes will undergo total renovations, one is under contract (pending), the other sold in late 2015.  Click to preview sold, and pending sales.
Thinking of buying or Selling in Palm Beach? Contact Us for Superior Customer Service and Experience You Can TRUST! Preview all Palm Beach listings on our outstanding web site at LindaOlsson.com.
Happy Fourth of July! Sending our very best wishes for a wonderful weekend full of fun, cookouts, beach days and fireworks.

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Preserve Your Wealth…Palm Beach Real Estate

June 8, 2016 by · Leave a Comment 

Dear Clients, Colleagues, Friends and Family,
Palm Beach Market Trend…according to the Palm Beach Daily News and The New York Times just about everyone living in the Northeast, Chicago, California and other high tax states is relocating to Palm Beach and Miami.
Why are high net worth individuals, like David Tepper, Ken Griffin, Paul Tudor Jones, Kenneth Tropin, Paul Edgerley along with many of your colleagues, friends and neighbors relocating to South Florida other than the fabulous weather? It’s simple… Wealth Preservation. According to April 30, 2016 article in the New York Times “One Top Taxpayer Moved, and New Jersey Shuddered” by Robert Frank (highlights below), New Jersey’s wealthiest resident reportedly “shifted his personal and business domicile to Florida.

Hedge-fund billionaire David Tepper declared himself a resident of Florida after living for over 20 years in New Jersey. He later moved the official headquarters of his hedge fund, Appaloosa Management, to Miami. Several New Jersey lawmakers cited his relocation as proof that the state’s tax rates, up from 6.37 percent in 1996, are chasing away the rich. Florida has no personal income tax or inheritance tax. “If you’re making hundreds of millions of dollars and you’re paying close to 10 percent to the state of New Jersey, you do the math,” said Jon Bramnick, the Republican leader in the New Jersey Assembly. “You can save millions a year by moving to Florida. How can you blame him?”

In New York, California, Connecticut, Maryland and New Jersey the top 1 percent pay a third or more of total income taxes. Some academic research shows that high taxes are chasing the rich to lower-tax states, and anecdotes of tax-fleeing billionaires abound. Millionaires and billionaires who move from the high-tax states in the Northeast to Florida, for instance, may be drawn by the sunshine, lifestyle and retirement culture, in addition to lower taxes.

Thinking of relocating to Florida? Specializing in Palm Beach Luxury Properties for 26 years and recognized by The Wall Street Journal as one of “America’s Best Real Estate Agents”, we have the dedication, confidentiality and commitment to represent your best interests. Please visit our outstanding website LindaOlsson.com to preview properties for sale, analyze quarterly market reports, and review our valued customer testimonials.

We look forward to hearing from you…Contact Us for Experience You Can TRUST!

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