South Florida Real Estate News - Downtown Real Estate

How Accurate Are Zillow Home Value Estimates (Zestimates)?

Posted by Brian Pearl on March 4th, 2019

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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Downtown Delray Beach New Construction Updates

Posted by Brian Pearl on August 22nd, 2018

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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Lang Realty's Brian Pearl and Vini Antonacci List Mizner Grand Luxury Condo for Sale in Boca Raton

Posted by Brian Pearl on May 26th, 2018

Overlooking Lake Boca from Mizner Grand condominium's coveted center stack, this modern masterpiece creates the feel of a luxury estate home with the services of a five-star resort.  Commanding majestic views of the bright blue waters, this 5th floor residence offers both east and west facing balconies which look onto Lake Boca, the Atlantic Ocean, and the Boca Resort's golf course.  Tastefully designed, this spacious residence totals 4,878 square feet with three bedrooms, four full and one-half bath, a state-of-the-art home theater with commercial-quality Bang and Olufsen surround sound, and two parking spaces.

Mizner Grand condominium's double gate-manned entry leads to a Porte Cochere where you will be greeted by the valet who escorts…

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236 Fifth Avenue and Aloft Hotel Coming to Delray Beach

Posted by Brian Pearl on November 3rd, 2017

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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Swinton Commons in Downtown Delray Beach

Posted by Brian Pearl on May 20th, 2017

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

Posted by Brian Pearl on May 20th, 2017

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

Posted by Brian Pearl on March 22nd, 2017

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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New design for Mizner 200 in Boca Raton

Posted by Brian Pearl on June 9th, 2016

Mizner 200 - Project Overview

Location: Mizner Boulevard next to Townsend Place Condominiums just north of Camino Real

Number of Units: 340-384

Development Size: Four 9-story condo towers averaging 300 feet in height (proposed)

Price Range: $750 per square foot (blended average); $1,500,000 average price per unit
Developer: Elad National Properties

Mizner 200 latest update 

Last week, Boca Raton received plans for the updated version of Mizner 200, the Elad National Properties condo project that would replace Elad’s Mizner on the Green rental complex across Mizner Boulevard from Royal Palm Place. The change in design is significant and pleasing.  Like the first version, the new plan is for 384 luxury units. Like the first…

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Lang Realty's Brian Pearl and Vini Antonacci List Eight Penthouse Residences at The Mark At Cityscape in Downtown Boca Raton

Posted by Brian Pearl on January 23rd, 2016

When the developers of the exclusive new luxury rental property in Downtown Boca Raton, The Mark at Cityscape, sought a top-producing real estate team to list the eight penthouse lofts, they didn't look further than Brian Pearl and Vincenza Antonacci of Lang Realty.

BOCA RATON, Fla. - Jan. 21, 2016 - PRLog-- The luxuriously appointed two-story residences offer between 780 to over 1700 square feet; with sweeping views of the city's skyline, golf course; ocean, and the famed Boca Resort and Club.  These contemporary units include garage parking, chocolate wood floors, double-height ceilings with transom windows and designer lighting, floor-to-ceiling hurricane impact-resistant windows, multiple balconies, and gorgeous kitchens with white quartz…

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New Listing For Sale in Hamilton Place in Downtown Delray

Posted by Brian Pearl on November 23rd, 2015

Hamilton Place Townhouse in Downtown Delray Beach

Brian Pearl and Vini Antonacci of Lang Realty recently listed and sold 285 SE 6th Avenue Unit E in Delray Beach, Florida.  Rarely available 4 bedroom, 4 bath townhouse with a 2 car garage in Hamilton Place, one of Downtown Delray Beach's most desirable communities! Built in 2005, this tri-level townhouse boasts over 2,000 sq ft under air with high end finishes including hardwood floors, CBS construction, impact glass, French doors, solid core interior doors, and a gourmet kitchen w/ granite countertops, GE Profile stainless steel appliances and solid wood cabinetry. Ground floor has a full bedroom and bathroom, 2-car garage, and large storage closet. The 2nd level is comprised of the kitchen, dining…

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