Monday, October 23, 2017

WHAT IS THE BEST INVESTMENT? REAL ESTATE!


In a quiet corner of West Palm Beach's Presidential Estates, where luxury homes abound, some on the waterfront, you will find WHITEHALL CONDOS.  There are sparkling white buildings with catwalk designs that bring N'Awlins to mind.  Beautiful gardens, flowering bushes, and palm trees are meticulously cared for.  It is quiet, peaceful, and there are a beautiful Olympic-size pool and a small clubhouse on the grounds.  Meandering paths have pretty views and an occasional bench to sit on and rake in the colorful pastoral views.

The new Banyan Cay Country Club is being built next door with a Nicklaus golf course, hotel and clubhouse, and they accept outside members.  Guard gated at the north and south ends, this is a safe secure community.

All units have 1385 living sq ft. They are spacious with a huge walk-in master closet, two bedrooms, two full baths, laundry room with storage space and a bonus room for storage or other usages.  There is a wall of windows at the end of the living room. Some overlook water views, some overlook the golf course.  Others overlook gardens. Kitchens have all the "usual" appliances and a small area for a snack. Some kitchens are updated, some are not. There is a pass-thru window from the kitchen to the dining area.

A property manager can handle "fix-up" that renters request and collect 
the rent for you.

If you are a large investor, this could be a way to start off younger members of your family learning about real estate investments "as they go."

Some of the Whitehall condo owners have two, three or four units that are rented out. Priced at market value, they sell and rent quickly. The units can cost from $114,000 to $140,000, and with many upgrades can cost more.

If you like this idea, give me a call or text me at 561-302-3388 and let me show you some units and the grounds.

Marilyn Jacobs, Realtor

Tuesday, October 17, 2017

THE BREAKERS IS GROWING , GOING UPSCALE, AND PALM BEACH TOO, AS WELL



The Frisbee Group is developing the former Testa property, at the east end of Royal Poinciana Way, as you may have heard.  Many new condos will be going up, and underground parking built-in, a much-needed project.




The Breakers Hotel, a Palm Beach gem, has entered into an agreement with The Frisbie Group to buy the commercial ground floor of the mixed-use development for a restaurant and retail space.  ETA is 2020.  The Frisbie Group will retain ownership of the 2nd-floor luxury condos to be built there.  The plan is for the condos to have four or five bedrooms.  The public areas and parking garage will be owned by The Breakers.  Some refer to this area as Palm Beach’s Main Street, and with the new changes coming, that is predictable.



Location is at the north end of the Breakers golf course between the ocean and Cocoanut Row.  The Testa Family’s restaurant opened in 1947 and quickly became a popular eatery where you could eat outside (and watch the passing parade) or inside.  They may open a new restaurant on the site or elsewhere.

The Flagler Memorial Bridge, after undergoing about five years of fixup, has completed construction and that may revive the historic Royal Poinciana Plaza, with its restaurants, real estate offices and more.  Renovations in Bradley Park, including moving beautiful large historic tree there, and other additions and changes are being made.  


The area may become as booming as Worth Avenue, which is adding Lilly Pulitzer, an art gallery, a salon, and a cafĂ©.  You won’t find Cartier, Tiffany, and Hermes there anymore, but there are still plenty of beautiful upscale shops and some great restaurants, like Taboo.  Look forward to celebrations of all the openings that will be coming.  Enjoy the essence of Palm Beach and attend as many openings as possible.  Whether you live in Palm Beach or just love to eat and shop there, be part of the fun.

Sunday, October 15, 2017

I THINK THAT I SHALL NEVER SEE - A POEM AS LOVELY AS A TREE


The generous donation of a historic buttonwood tree that originated in Phipps Park in Palm Beach and was just moved to Bradley Park was made by Steven Levin, who paid for the moving by barge of the 42,000 lb tree from his property on North Lake Way.  Mr. Levin will pay $2000/year for maintenance for five years.

Stretching 35’ high and 50’ across, the man in charge of the physical move, Sean Jacobus, has been moving trees for many years and said this was the most magnificent one he has moved.  He has worked on the tree for six months to get it ready to move.  It was lifted and placed on a barge and will be placed and positioned in the same alignment toward the sun that it had in its original location.

Orchids grow throughout the branches of this historic tree.   It is now in the northwest corner of Bradley Park, and a variety of birds is busy examining it already.

Dedicated Palm Beachers are interested in preservation, particularly of historic items.

Thursday, October 12, 2017

Is Baseball your game?


Take me out to the ballgame…. At THE BALLPARK OF THE PALM BEACHES.

Take your pick: Watch the NY Mets, Houston Astros, Miami Marlins, Washington Nationals, St. Louis Cardinals, Atlanta Braves, Boston Red Sox, Detroit Tigers or Minnesota Twins.  

Located at 5444 Haverhill Rd, West Palm Beach, FL 33407.  

  

Google Ballpark of the Palm Beaches or call 800-840-9227.

Have a great day!