The market for luxury goods is in full-fledged revival mode, and that includes high-end city real estate — apartments and townhouses in the $5 million-plus range. After plunging 30% from peak to trough, luxury-home prices in many big urban markets are back on the rise. Unit sales in Manhattan, Miami and San Francisco are up …
Category Archives: Property Sales
Vacant North Lake Way lot with Intracoastal frontage sells for $5.17 million
A vacant lakefront lot near Dolphin Road at 1348 N. Lake Way has sold for about $5.17 million, according to a warranty deed recorded Monday by the Palm Beach County Clerk’s office. With 156 feet of frontage on the Intracoastal Waterway, the lot is 253 deep and lies several blocks south of the island’s northern …
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Developer Pat Neal made the best of the real estate bust
Pat Neal is an oddity among Florida developers: He still builds and sells lots of new homes. The financial crisis that shattered many of his competitors only slowed Neal. His edge? He paid cash for land before the boom drove up prices. “I didn’t owe anybody any money,” said Neal, whose Neal Communities builds mostly …
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Daytona airport hotel to be put up for auction
The Courtyard by Marriott hotel next to Daytona Beach International Airport is going up for auction. Mortgage holder MTGLQ Investors L.P. of Irving, Texas, won a $10 million foreclosure judgment in April against D&B of Daytona Inc. a St. Petersburg-based company that — as Oceanside One Ltd. — owned the hotel. The foreclosure auction will …
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The Georgia Home of Widespread Panic Lead Singer and Guitarist John ‘JB’ Bell
Clad in jeans and cowboy boots, musician John “JB” Bell reclined in a green fabric and metal chair on a Saturday morning, surrounded by 16 computers sitting on shelves about a foot from the ceiling. The computer screens glowed blue behind multicolored static, generating so much heat air-conditioning was needed to cool the room. Mr. …
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Edzell Castle, long a jewel of Sarasota Bay
Much of Florida’s shoreline is lined with mansions, especially in Sarasota. Large homes of 8,000 square feet or larger have replaced, or taken their place alongside, smaller houses of 4,000 or 5,000 square feet — a testament to the explosion of wealth here. Any trend has to start somewhere, and in Sarasota, the mansion-building began …
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