New Real Estate Listings are scarce, creative

May 24th, 2013

Jeff Zbar
SoFla Luxe
South Florida Business Journal

In Miami Beach, EWM Realtor Nelson Gonzalez just listed a top-floor penthouse at W South Beach. The unit includes 3,300 square feet of interior and terrace space – and a $10 million price tag.

In Hallandale Beach’s Golden Isles community, Auction Co. of America and Jim Gall will put a 7,800-square-foot home on an Intracoastal point lot on the auction block on June 1.

Coldwell Banker Residential Real Estate’s William Pierce – who earlier this year sold a combined penthouse unit at The Residence at the Miami Beach Edition for $34 million – this week listed Palazzo Di Mare, a 28,000-square-feet home on five oceanfront acres in Vero Beach for $19.9 million.

Meanwhile, Jack Elkins with Fite Shavell & Associates in Palm Beach is having a hard time keeping listings. In the past year, he sold 14 of 17 of his listings, including 1370 S. Ocean Blvd. in Manalapan for $15.6 million.

“It’s been a great season,” he enthused.

“The ultra-luxury real estate market in Florida has been exceptionally strong last year,” Pierce said, “and has continued into this year.”

At least for those who can land the listings.

Read more in this week’s SoFla Luxe column.

Terrace with ocean view at the W South Beach penthouse

Pool and lounges on the terrace at the W South Beach penthouse

View from the terrace at the W South Beach penthouse

Living room and dining room at the W South Beach penthouse

Kitchen at the W South Beach penthouse

Bedroom at the W South Beach penthouse

Bedroom with an ocean view at the W South Beach penthouse

Bathroom at the W South Beach penthouse