South Florida Real Estate News - Delray Beach

How Accurate Are Zillow Home Value Estimates (Zestimates)?

Thinking of selling your home and wondering what it’s worth?  You may want to be careful about the home value estimates you see online because many are either far above or far below the true market value. 

Boca Raton home sellers who set their expectations on inaccurately overestimated home values may fall victim to overpricing their homes for sale which will ultimately lead to frustration because they don't sell.  When a home is overpriced, it will languish on the market for months, causing multiple price reductions as they "chase the market" and most likely result in a lower sale price than if they had priced it right from the beginning.   

Zillow, Trulia, Realtor.com's Automated Home Value Calculators

Zillow and Trulia have become the…

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The Pearl Antonacci Group at Lang Realty Receives The Prestigious Diamond Award at Annual Company Ceremony

Led by Brian Pearl and Vini Antonacci, The Pearl Antonacci Group was recently honored at Lang Realty's annual awards brunch in Aberdeen Country Club in Boynton Beach, Florida. The Team was awarded the coveted Diamond Award, Lang Realty's highest award given for real estate teams, for their superior sales achievements in 2018.

BOCA RATON, Fla. - Jan. 31, 2019 - The Pearl Antonacci Group of Lang Realty recently received the distinguished Diamond Award for their superior sales achievement in 2018.  The Diamond Award is the highest honor given by Lang Realty.  The real estate company's annual awards ceremony was held at the exclusive Aberdeen Country Club located in Boynton Beach, Florida on January 31, 2018. 

The Pearl Antonacci Group currently…

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Moving? Where to go to learn more about your new neighborhood.

Moving to a new neighborhood brings with it a long list of questions. What are the neighbors like? Are there kids in the area? It is safe? What are the best places to shop?

Once you’ve made the decision to relocate, these questions and more are bound to arise. Many questions can be answered by your Realtor or your contractor, but information on others may be less forthcoming. As realtors are bound by an oath that upholds fair housing and non-discriminatory practices, there are certain questions they just cannot answer. So, issues like churches in the area or the demographics of your neighbors are simply off-limits.

The Fair Housing Act: why your Realtor can’t always tell you what you want to know

What a Realtor can and cannot disclose is dictated…

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Downtown Delray Beach New Construction Updates

Over the past 25 years, Downtown Delray Beach has grown into a crown jewel of the vivacious city. Developed through a myriad of public and privately funded projects, citizens of Delray take pride in the comfortably urban environment. The town center provides a dynamic arrangement of dining and entertainment, while the beautiful oceanside backdrop offers a calming respite from the hustle and bustle of city-living.

Stay up to date on the breathtaking development projects on Delray's horizon:

236 Fifth Delray + Aloft Hotel

Set to finish construction in December of 2018, 236 Fifth Delray in conjunction with Aloft boutique hotel is planning to provide luxury apartments and lodging, allowing residents to "live on vacation." This lavish development…

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Preparing For Hurricane Season 2018

If you live along a coastal area, hurricanes are a fact of life. Despite their inevitability, the worst thing you can do is nothing at all.

Preparing in advance for the potential damage and risks will help you cope when emergency strikes. Here are some great tips to ensure you are ready for any eventuality: 

Plan your escape route

In the event of an evacuation, you may have to act quickly. storm surges in a hurricane can create a significant rise in water level that can affect coastlines for hundreds of miles around the storm zone. Don’t wait until the last minute, as panic may overtake common sense in an emergency. 

Have pets? Plan ahead!

Have a plan for your pets in the event that you have to evacuate. Many shelters have accommodation…

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236 Fifth Avenue and Aloft Hotel Coming to Delray Beach

Hotels, condos, retail shops, and more are coming to Delray Beach’s walkable neighborhood, SofA (South of Atlantic Avenue). 

The 236 Fifth Avenue, a 35-unit luxury condominium and the Aloft Hotel, a 122-room tech-minded hotel, 5,000 square feet of first-floor retail boutiques and structured parking are rising and occupancy for 235 Fifth Avenue will begin in 2018.

236 Fifth Avenue condos are on sale now. Pre-construction prices start at $500,000 and range over $1,000,000. Positioned on the second, third and fourth floors, the pet-friendly residences will vary from one-bedroom to three-bedroom condos with sizable balconies and private parking with additional guest spaces.

The contemporary-style building is adjacent to the Aloft Hotel and the…

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Proposed rule changes in Delray Beach targets group homes

Delray Beach officials, as well as residents, have long voiced concerns about the prevalence of sober homes in city neighborhoods.

Sober homes provide safe homes for individuals in recovery from drug and alcohol addiction as they prepare to re-enter society after rehab or incarceration. Since these individuals are protected under federal law, the City of Delray Beach has been largely unsuccessful in its attempts to curb the rise of more such homes and has continued to lobby the feds in favor of an equitable solution. 

Proposed change limits number of sober homes in a given area

Currently, the city is proposing a new regulation that would not only limit the number of sober group homes in an area but would also require these homes to be…

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Swinton Commons in Downtown Delray Beach

A mixed use development that would provide downtown Delray Beach with:

• Two and three bedroom apartments
• High-end retail boutiques
• 60 ft. wide public, landscaped courtyard with outdoor eating restaurants
• Class-A Office space
• A 120-room hotel
• Residential- Inns with amenities for extended stays
• A 400-space underground parking facility and Valet drop-off parking service
• Eight (8) historic structures are being fully renovated & incorporated into the
• project, including the Cathcart House and The Rectory on Swinton
• An attractive pedestrian streetscape along Swinton Avenue with water features and landscape areas
• 60’ wide public pedestrian walkway to Atlantic Avenue

How would the Swinton Commons project benefit the…

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Former Sopra Center Gets A Makeover

Downtown Delray Beach's famed Sopra Center on Atlantic Avenue

110 East Atlantic, formally known as the Sopra Center, has received building permits and construction has started. The Richard Jones designed adaptive re-use project will transform the 4-story,  1950’s era, steel frame building into a Modern Class-A office and mixed-use destination.

The building upgrades include enhanced below grade parking, new elevators, windows  and a complete façade redesign.

There will be new retail space facing Atlantic Avenue and the new Class-A offices on the upper floors will now enter from a new west facing lobby. The building, defined by a unique exterior level raised plinth, will have it extended  south down SE 1st Avenue as well. Current tenant Rocco’s…

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Delray Beach nearing deal for $200 million downtown development

A deal that would allow the construction of a $200 million mixed-use project downtown on Atlantic Avenue is moving closer after more than a decade of planning and approvals.

Atlantic Crossing, a 9-acre project featuring apartments, offices, restaurants and shops, would be located beside Veterans Park along the Intracoastal Waterway. It’s the city’s largest proposed development in terms of square footage at the moment, said city commissioner Mitch Katz.

“It’s important because it’s prime real estate on Atlantic Avenue that needs to be be developed,” he said. “I just want to see this move forward.”

Signing the agreement would end a lawsuit the developer filed in 2015 over delays, and eliminate the risk of the city paying an estimated $40 million in…

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