Site icon Linda R. Olsson Inc., Realtor

Palm Beach Third Quarter Market report, and Featured New Listing!

Dear Potential Buyers, Sellers, Clients, Colleagues, and Friends:Fall is in the air, Friends both old and new homeowners are returning to Town, and the Palm Beach real estate market is in overdrive continuing full steam ahead into the Season! Supply and Demand is in full force, and the Demand is outpacing Supply pushing pricing to Unforeseen Sales Prices. Please click here to preview our latest report; Less inventory equates to fewer sales, and higher prices per square foot! With single family home prices skyrocketing, many buyers are turning to the fabulous condominiums! Prestigious In-Town, and South Ocean Blvd. condos and co-ops offer the Palm Beach Lifestyle buyers are seeking with the ease of a low maintenance alternative; most of which offer ocean or lake views, walking the beach or in town to shops, restaurants and The Breakers, or in the South end to the Four Seasons, Par 3, and the many new restaurants there. 

Just Listed: 400 South Ocean Blvd., Unit 202; Asking $2.8 million… This won’t last long.Please preview all details, photos, by clicking here. 400 South Ocean is a Direct Oceanfront full-service building in the center of town, with ocean views…Enjoy the beach, stroll Worth Avenue shops and restaurants, and it’s perfect for dog lovers, as two dogs are accepted. This is a unique building, in that there are 7 guest bedrooms for lease for your house guests or staff. Why Rent when you and Own? Palm Beach rentals are scarce! Purchase unit 202 Today! It is a truly unique opportunity in excellent move-in condition…Enjoy it this Season! We just sold a double unit in the 400 Building, Unit 205/206, at $4.6 million, and it’s new owners plan to enjoy it this season and renovate it next season. Another single unit in the building is under contract, listed at $2.9 million, and another 1,716 sq. ft. single unit just came on the market at $4,250,000.. Prices are on the move higher! 

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