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That house was listed by broker Christian Angle of Christian Angle Real Estate, with Sotheby’s International Realty agent Carole Koeppel representing the buyer. The house was not marketed in the Palm Beach Board of Realtors Multiple Listing Service while it was being built. McCann entered the listing into the MLS on April 12 as a “pending” sale with an asking price of $48 million.
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But the plans for the new estate closed off the County Road entrance and moved the driveway to a former pedestrian entrance off Via Tortuga. That hike in price is consistent with national home affordability data. The annual salary needed to buy a home in the U.S. rose by 50% in more than 20 states since January 2020, the study said. That’s $41,808 more than in January 2020, when you only needed to earn around $72,963 each year to become a first-time home buyer in the Sunshine State, according to BankRate’s housing affordability analysis. From 1874 to 1996, the Democratic Party held majorities in the Florida House of Representatives.
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He also acted on behalf of Malasky Homes in the sale that just recorded. When Malasky Homes bought the lot, it was the only property in Phipps Estates that had never been redeveloped. The irregularly shaped lot is in the northeast corner of Phipps Estates, a gated neighborhood that stretches between North County Road and North Lake Way, about a mile north of Royal Poinciana Way.
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The buyer in the off-market deal was a Florida limited liability company named 13 Via Vizcaya Investments. Agent Elizabeth DeWoody of Compass Florida handled the buyer’s side on Via Vizcaya, negotiating opposite Lorraine Malasky’s stepson, Stephen Malasky, a real estate broker. Malasky Homes has developed spec houses on the island for two decades.
Americans in the United States’s six territories do not have senators. Article III of the Florida Constitution defines the terms for state legislators. Members of the House of Representatives are referred to as representatives. Because this shadows the terminology used to describe members of U.S. House of Representatives, constituents and the news media often refer to members as state representatives to avoid confusion with their federal counterparts.
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Information deemed reliable but not guaranteed.Copyright © 2024 Daytona Beach Area Association of REALTORS®. But sellers no longer dominate the housing market, according to Eric Auciello, a local Redfin sales manager. With five Florida cities and two Texas cities among the 10 metro areas where sellers were most likely to lower their list prices, there is more wiggle room than many potential homebuyers realize. Condos, on other hand, are “definitely in a buyer’s market,” since inventory is at 6.6 months. Across Florida, condo sellers have had to slash prices due to rising insurance and homeowners association costs. Condo prices in Jacksonville dropped nearly 7% year over year, while Miami’s decreased almost 3%.
With French country-style architecture, the five-bedroom house and its two-bedroom detached guest house have 13,523 square feet of living space, inside and out. “It was an overseas buyer,” said broker Jeremy Stewart, who owns Park View Realty in Jupiter and negotiated for the buyer. According to BankRate’s report, you do need to make a six-figure income (around $114,771 a year) to buy a home in Florida in 2024.
The median price of a home in Florida is $415,300, up 3.7% from last year, according to Redfin data. In Texas, the median home price grew 1.7% year-over-year, to $3444,500. Nationwide, the median home price is $420,321, a 4.8% increase from a year earlier. In Cape Coral and North Port, Florida, for example, the number of homes for sale in March soared roughly 50% from a year earlier, the biggest increase in the country.
But it's unclear if the any of the furnishings changed hands in the sale. Architect Jonathan C. Moore of Smith and Moore Architects in West Palm Beach designed the L-shaped house on Via Tortuga with a cast-stone facade, dormer windows and multiple French doors. A winding driveway leads to an expansive front motor court and courtyard. In a brief phone conversation with the Palm Beach Daily News, Stewart said he was the exclusive agent for the buyer and offered his congratulations to all parties involved in the sale. Agent Jim McCann of Premier Estate Properties represented both sides of the sale in 2020.
Detailed information about such properties includes the name of the listing Brokers. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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