Site icon Linda R. Olsson Inc., Realtor

The Palm Beach/West Palm Condo Market is Hot! Record Breaking Sales… Palm Beach Oceanfront Condos and More!


Dear Potential Buyers, Sellers, Clients, Friends, and Associates.

We are proud to announce a Record-Breaking Sale at The Plaza of The Palm Beaches…We Listed and Sold Grand Penthouse One… A 3 Bedroom 3.5 Bath North East Corner unit with fabulous views. Asking $10,495,000.  The last sale for a Penthouse; closed at $7.5 million.   Click here to preview sales of the largest units at The Plaza (formally Trump Plaza).

West Palm Beach has become the “New Palm Beach”, with prices skyrocketing on the Island of Palm Beach, many Palm Beachers have sold their homes to take advantage of the Seller’sMarket.  Moving  across the bridge to West Palm Beach causing prices there to implode.   The influx of Palm Beach families moving to WPB, coupled with the highflyers from New York moving their hedge fund offices there  has caused the West Palm Beach market to skyrocket in all areas including homes and condominiums on Flagler Drive, including El Cid, and SoSo (South of Southern East of Olive.)

Palm Beach has truly become the most sought-after real estate in the country with high-net worth continuing to flock here not only for the glorious lifestyle, weather, and fabulous amenities, but to preserve their wealth  from high tax states such as New Jersey, New York, California, and Connecticut.   The inventory of Palm Beach homes is at a record low, and for those who do not want to build, when land is scarce, expensive,  prices of commodities are at their height, and contractors are booked and labor is hard to find…Never mind the fact that one cannot find a refrigerator, impact windows, etc… for 6 months to a year or longer.  Buyers search for other alternatives, such as condominiums or rentals as they continue to search for homes or land to build a home, which may take two to three years under the current circumstances.

We are excited to share a Rare, In-Town Direct Oceanfront 4 Bedroom 4.5 Bath condominium that lives like an oceanfront home with you… This custom designed double unit features direct ocean views from all major rooms.  Two units have been combined and rebuilt as one unit, it is absolutely stunning!  Offered at $13,900,000 including designer furnishings, excluding art and personal belongings.  Wonderful pet friendly building, across the street from Midtown Beach, walk to restaurants, and Worth Avenue.  This unit is truly a WOW, AND MUST BE SEEN!  Just move in and enjoy.  Please contact us for your private showing, or we are pleased to Face Time with prospective buyers, as photos are not posted on the listing.  You won’t be disappointed; this unit is truly the most gorgeous apartment we have seen in town! Click on this link to preview details and photos

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