News about properties and real estate
When a 7-acre property in Silicon Valley went on the market for $14.85 million, a busload of real-estate agents arrived for a tour. The draw? In addition to the resort-style pool and the putting green, the agents, who specialize in finding upscale properties for Asian buyers, wanted to see the two guesthouses—ideal spaces for aging …
Continue reading “The Hottest Home Amenity: In-Law Apartments”
Palm Beacher Robert W. Paltrow, who is awaiting sentencing for filing false tax returns, has sold his 1928 seaside house on North Ocean Boulevard for more than $7 million.The house, at 1250 N. Ocean Blvd., sold for a recorded $7.27 million, records show. Marsha Cross Beeson, of Houston and Palm Beach, bought the six-bedroom, three-story …
Continue reading “Paltrow sells oceanfront house for $7.27 million”
The buyer who purchased Dwight Howard’s estate in Seminole County last month wasn’t the Orlando market’s only luxury seeker to come with cash in hand. The NBA star had three cash offers on his lakefront mansion, which sold last month for $3.4 million — $1.5 million less than the asking price. Of the 20 Metro …
Continue reading “Most Orlando luxury home transactions are cash sales”
To find the Central Florida neighborhoods where home prices have bounced back the most in the past year, look at newer communities at the region’s outer edges. Growth pockets in Eustis, Paisley and Montverde in Lake County showed price gains of about 30 percent from February 2013 until the same month this year. So did …
Continue reading “Orlando area home prices see biggest recovery in outlying neighborhoods”
On the market for more than three years and green-lighted last month for a new four-unit townhouse complex, a vacant lot at 215 Brazilian Ave. near South County Road has been sold to the project’s developers for $6 million, according to the price recorded with last week’s deed. The developers shouldn’t have any problem recouping …
Continue reading “Brazilian Avenue townhouse site sells for $6M”
The development of luxury condos on Fisher Island — stalled for years during an international battle among mysterious offshore companies and would-be heirs — may soon go forward, even as a spirited clash continues over ownership of the 18 acres.The fight has stretched through courts in the United Kingdom, Liechtenstein, the Republic of Georgia, Gibraltar …