Nearly 1,000 New Homes Coming to West Boca Raton | GL Homes Lotus Edge

Key Takeaways

• Massive West Boca Expansion: GL Homes is bringing nearly 1,000 new luxury residences to the Lyons Road corridor in West Boca Raton across two distinct communities.
• Lotus Edge & A New Luxury Community: The highly anticipated Lotus Edge is already over 80% sold out with homes starting at $1.7 million, while a brand-new, unnamed 322-home luxury development across the street is set to break ground in Fall 2026.
• Unmatched Contemporary Lifestyle: These developments highlight the surging demand for modern architecture, large backyards, and resort-style amenities in the western suburbs of Palm Beach County.

The western suburbs of Palm Beach County are experiencing a massive luxury housing boom, and leading the charge is one…

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Florida Property Tax Reform 2026: New Homestead Exemption, Save Our Homes & Portability Explained

Florida Property Tax Reform 2026: What Homebuyers and Sellers Need to Know

Key Takeaways

• Historic Exemption Increases: If passed, Amendment 3 will raise the non-school homestead exemption to $150,000 in 2027 and up to $250,000 in 2028, providing significant relief for permanent residents.
• Changes for Newcomers and Investors: Out-of-state buyers relocating to Florida will face a five-year waiting period before qualifying for the full exemption, if purchasing after January 1, 2027, while non-homestead properties will see their annual assessment growth cap reduced from 10% to 5%.
• Local Impact on Services: The reform may lead to substantial budget adjustments for local governments in Palm Beach and Broward counties, potentially…

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Billionaires Row Delray Beach: Inside South Florida's Most Exclusive Enclave

West of the vibrant downtown Delray Beach corridor, tucked behind a single, heavily fortified entrance, lies one of the most secretive and prestigious neighborhoods in America. This is Stone Creek Ranch, quietly earning the moniker of Billionaires Row Delray Beach. Unlike the historic oceanfront estates of Palm Beach, this inland sanctuary offers something money can rarely buy in South Florida: absolute, uncompromised privacy. For those seeking luxury real estate at the highest echelon, this community has become the ultimate destination.

With only 37 custom-built estates spread across 187 acres of pristine waterfront properties, Stone Creek Ranch has redefined the ultra-luxury market. The Pearl Antonacci Group at Compass has watched this enclave…

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Florida Eliminating Property Taxes? Here’s What’s Actually On the Table

Florida flirting with the idea of getting rid of property taxes is the kind of headline that makes homeowners cheer and local governments break into a cold sweat.

But “Florida is eliminating property taxes” is not a done deal today. What’s happening right now is a push in Tallahassee to put a constitutional amendment on the November 2026 ballot that would phase out most non-school property taxes on homesteaded primary residences over time.

If you own (or want to buy) in Boca Raton, Delray Beach, or Highland Beach, this matters—because property taxes are a real monthly-carry-cost driver, and any major shift can impact demand, pricing, and even what it costs to sell.

What Florida Is Proposing: Eliminating Non-School Property Taxes on Homesteads

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2025 South Florida Real Estate Market: Expectations and Predictions

As we step into 2025, the South Florida real estate market continues to stand out as a dynamic and highly desirable region for homebuyers, investors, and sellers alike. Cities like Boca Raton and Delray Beach remain at the forefront of the market, with their luxurious properties, vibrant communities, and year-round sunshine attracting buyers from across the country. This blog explores what to expect from the 2025 real estate market in South Florida, including market trends, investment opportunities, and expert predictions.

Overview of the South Florida Real Estate Market in 2024

The South Florida market, encompassing Boca Raton real estate, Delray Beach real estate, and neighboring areas like Fort Lauderdale and Palm Beach, demonstrated resilience…

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Palm Beach County Property Taxes: What Happens When You Buy a Home?

Understanding property taxes is crucial when buying a home in Palm Beach County, as taxes can increase significantly after a sale and vary based on the property’s location. This guide explains how taxes are reassessed upon property transfers, when those changes take effect, and how tax rates differ between properties inside and outside city limits.

How Property Taxes Are Assessed When a Property Transfers Ownership

When a property is sold, the Palm Beach County Property Appraiser resets its assessed value to just (market) value, which is typically close to the purchase price. The new owner’s taxable value is then determined based on Florida’s property tax rules.

1. When Does the Reassessment Happen?

• The Palm Beach County Property…

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An Overview of the Palm Beach County Real Estate Market: Q1 2023

Palm Beach County Real Estate Market

Palm Beach County, one of the most picturesque regions of Florida, is known for its year-round warm weather, beautiful beaches, upscale shopping districts, and dynamic real estate market. But how did the Palm Beach County real estate market fare in the first quarter of 2023? Let's take a deep dive to understand the trends, forces, and numbers that have shaped this market segment.

A Dynamic Start to the Year

Despite the turbulence experienced in the real estate market in 2022 due to global economic uncertainties, the Palm Beach County market showed remarkable resilience. Entering 2023, the market showed a robust start with median home prices and sales volumes continuing their upward trajectory.

The first…

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Palm Beach County Has Become The New Hub for Businesses

Publix. Citrix. Office Depot. These are but a few of the largest and most recognizable companies that have called South Florida home for decades. Recently however, the corporate neighborhood has gotten a lot more crowded—and the momentum has only picked up. 

Over the past half-decade, the Palm Beach County Business Development Board has helped roll out the welcome mat to approximately 140 companies who have relocated or expanded their operations into the county. This has resulted in more than $1.12 billion in capital investment and over 13,000 direct jobs for locals.

It has also contributed to a still-booming residential and commercial market. Just over the past year, these companies have swallowed up more than 1.6 million square feet of…

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Interest Rate Increases And Their Effect on the South Florida Real Estate Market

The Federal Reserve intensified its fight against inflation in June by announcing the biggest interest rate increase in 28 years as the government's main lending institution tries to rein in skyrocketing consumer costs. 

The largest increase since 1994, the Fed increased its benchmark interest rate by three-quarters of a percentage point. That comes after increases of a quarter point in March and a half point in May. The increase is due to growing prices for rent, groceries, gasoline, and a variety of other goods and services. Higher interest rates will increase the cost of carrying a credit card bill, obtaining a vehicle loan, and purchasing a home.

Rate increases are anticipated to continue in the upcoming months. In general, Fed policymakers…

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Will Florida's Housing Market Cool Down or Crash?

Florida seemingly continues to operate in its own world—at least when it comes to real estate. While signs indicating slowing momentum are popping up more and more throughout the nation, six of the top 25 overvalued home markets are right in our backyard, and several new studies indicate a prolonged period of unaffordability.

Florida Atlantic University, Florida International University, and the University of Alabama found that the current combination of high demand and low inventory that began at the start of the pandemic is likely to continue thanks in part to future population growth projections.

Which Florida Communities Are The Most Overvalued?

Of the six Sunshine State metro areas identified, Fort Myers topped the list. Typical buyers…

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