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Pre-construction oceanfront condominiums released at 1200 Hillsboro Mile
February 10, 2010 by OceanHome · Leave a Comment
The developer of 1200 Hillsboro Mile, the new ocean-to-Intracoastal condominium residences along the prestigious “Mile” in Hillsboro Beach, Fla., announces the release of 18 residences within a planned oceanfront building. The 11-unit building bordering the Intracoastal Waterway is already completed and partially sold and occupied.
“This is a wonderful opportunity to take advantage of pre-construction pricing directly on the ocean, especially because these condominiums provide exceptional value and there is no other new condominium construction taking place in this area, which is central to Fort Lauderdale and Boca Raton,” said David DePaolo, executive vice president with West Seneca N.Y.-based Marrano/Marc Equity Corporation.
Nita Summers, associate broker at Keyes Company Realtors at Mizner Park in Boca Raton, the exclusive sales agent for 1200 Hillsboro Mile, concurs. “Our buyers recognize that they will never see prices like this again for prime waterfront property. In addition, the developer has secured access to financing for qualified buyers who want it.”
The newly released oceanfront residences are offered at pre-construction price points from $1,295,000 to $1,995,000. The five remaining residences within the Intracoastal building are available for immediate occupancy, starting from $650,000 upward to $1,149,900.
Two floor plan options are offered at 1200 Hillsboro Mile, each with three bedrooms, two and one-half baths, more than 2,000 total square feet and large, covered terraces.
1200 Hillsboro Mile has completed amenities that include an Intracoastal dock for overnight visitors’ boats; a pool, pool house and spa; a designer-furnished lobby; a club/media room with an outdoor entertainment deck; a fitness center; and private, deeded beach access.
Summers pointed out that monthly homeowners fees are very reasonable compared to fees charge in larger, full-service buildings. “This, too, is a draw for many of our buyers because they don’t want to be strapped with exorbitant fees, particularly if 1200 Hillsboro Mile is used as their vacation residence,” she explained.
She was quick to point out that some buyers are living at 1200 Hillsboro Mile year round, while others are “snowflakes” who visit frequently, as well as investors who anticipate long-term financial gains from their purchases.
1200 Hillsboro Mile is situated in the town of Hillsboro Beach, a small peninsula just over three miles long. Though it has a quaint village residential feel, it is convenient to world-class restaurants, shopping and entertainment. In 30 minutes or less, residents can be at the Fort Lauderdale/Hollywood International Airport, Port Everglades, or the Boca RatonTown Center mall.
For more information, call (954) 418-8033, or visit www.1200hillsboromile.com.
Searching for the Top 25 Ocean Homes
February 4, 2010 by OceanHome · Leave a Comment
It’s that time of year again! We’re gearing up for our annual “Top 25 Ocean Homes” feature story for our May/June issue and we need your help! This incredibly popular annual feature will showcase the most exotic, luxurious, and desirable oceanfront homes currently on the market. If you know of a spectacular oceanfront estate that is for sale, send us a link or reply right here!
These homes need to be located directly on the ocean (no bay frontage or river frontage, please). They also need to be completely built and currently on the market. In addition, these homes should be the best of the best, offering the ultimate in luxury, ammenities, acreage, and square footage. Homes chosen for this feature will not only have the best architectural and interior designs, but will also be located in the most desirable neighborhoods in the United States.
Click here to view the Top 25 Homes of 2009.
Deadline for submissions is February 22. Submission can be sent to: editor@oceanhomemag.com.
Please note that submissions will only be considered by the editorial staff at Ocean Home Magazine. Editors make no guarantee that submissions will be included in the final version of the story.
World’s Premiere Boating Event Cruises into Miami
February 4, 2010 by OceanHome · Leave a Comment
World’s Premiere Boating Event Cruises into Miami February 11-15, 2010 Showcasing Best of the Boating Industry
2010 Miami Int’l Boat Show & Strictly Sail Miami makes waves with thousands of boats, deals
New features include an appearance by the star of National Geographic’s ‘Expedition Great White,’ product unveilings, Big Boat Row, and more
Miami, Fla. – February 1, 2010 – The 69th annual Miami International Boat Show & Strictly Sail Miami cruises into town February 11-15, 2010, where new and experienced boaters from throughout the world can gather in one place to view, board and buy the best the boating industry has to offer. With special deals on everything from sportfishers, sailboats and mega-yachts to engines and the newest electronics, the 2010 Miami International Boat Show is the ideal place to shop, save and enhance every boating experience.
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Porto Cupecoy Grand Opening Event
January 29, 2010 by OceanHome · 2 Comments
Porto Cupecoy Grand Opening Event: Friday, January 29
Porto Cupecoy, the 182-residence luxury seaside village developed by Orient-Express Hotels Ltd., will be holding a Grand Opening event on-island on Friday, January 29. The white glove marina, luxury residences, gourmet restaurants and shops will welcome the first owners in the coming weeks. Porto Cupecoy is offering special pricing and incentives on remaining residences through the January 29 Grand Opening.
For those press interested in attending Friday’s festivities, the schedule of event is as follows:
12noon – 5:00pm Consumer open house
5:00pm Press tours of Porto Cupecoy
7:00pm Speeches by Filip Boyen, VP Operations for Orient-Express Hotels, Bernard Sarme and Commissioner William Marlin
Cocktail reception in central plaza
To RSVP for the event, please contact info@portocupecoy.com.
Orient-Express Director of Global Real Estate, Phillip Gesue was recently quoted as saying “…sales volume continues to build at an unprecedented rate with more than 10 units sold over the past weeks in anticipation of our Grand Opening.” Also fueling second-home sales are the project’s attractive price points, which range from USD $400,000 to $2.8 million per unit, thanks to pre-opening discounts and other pre-grand opening incentives such as 90% financing and two year’s complimentary homeowner’s association fees.
There are many factors contributing to the appeal and successes of Porto Cupecoy. Porto Cupecoy is the finest quality new development in the Caribbean, with tasteful European design including giant marble or travertine bathrooms, Viking stainless steel appliances, teak wood kitchens, oversized balconies and mahogany interior doors and millwork. Dutch St. Maarten offers a variety of highly-unique financial benefits for buyers, including no property taxes, no capital gains taxes, and lower than average closing costs for purchase. Additionally, non-stop flight service to St. Maarten has increased, making the destination one of the most accessible islands in the Caribbean. Finally, unlike many other condominium communities, Porto Cupecoy benefits from a large contingency of primary home buyers who are trading up to Porto Cupecoy from their primary homes elsewhere in St. Martin, St. Barts and the Caribbean, ensuring that the development will turn into a real community.
Located in the Caribbean’s Netherlands Antilles, Porto Cupecoy embodies the characteristics of a true Mediterranean village with high-end shopping, dining, services and amenities, in addition to residences and a luxury marina. The architectural inspiration for the property is Portofino, located on the Italian Riviera, and the community is similarly anchored around a marina, the most exclusive and upscale on the island.
The marina has a unique structure in that the majority of yacht slips will be owned by the community’s residents, and rented on their behalf by the marina management when they are not in use. Prices for yacht slips, including mega yacht slips up to 200 feet in length, range from USD $150,000 to $3 million.
Homeowners will be able to enjoy a wide range of on-site amenities, including tennis courts, swimming pools, several dining options, as well as concierge and “white glove” marina services. For residents interested in renting out their home or boat slip while not in use, the community has its own dedicated professional onsite vacation rental management program, creating hassle-free rental revenue for owners. The beach is immediately across the street, 50 yards from the community’s entrance.
For more information on Porto Cupecoy or to watch a “fly thru” preview video, please visit www.portocupecoy.com.
Cher’s Hawaiian Home Sold at Auction for $8.72 Million
January 25, 2010 by OceanHome · Leave a Comment
Concierge Auctions Attracts High-Profile Bidders to Complete Sale of Five Luxury Properties in Kona, Hawaii on January 18
KONA, Hawaii, Jan. 21 /PRNewswire/ — Concierge Auctions (www.conciergeauctions.com), the leading luxury real estate auction company, today announced the sale of Cher’s home in the exclusive Hualalai Resort in Hawaii to a buyer from Arizona for $8.72 million. The January 18 auction included the successful sale of five properties in Kona, Hawaii, for a total of more than $19.4 million.
In addition to Cher’s home, a property at 72-3209 Ka Nehe Place in the Kuki’o Golf and Beach Club and Residences selling absolute was purchased by a buyer from Beverly Hills for $4.95 million. A second home selling absolute in Kuki’o, at 72-3205 Punaloa Place, was purchased for $3.85 million. Collectively, the prices achieved for the homes in Kuki’o were $10 per square foot higher than the average price per square foot for other homes sold in the Maniniowali section of Kuki’o over the past six months. Additionally, two home sites in Kuki’o sold for $990,000 and $962,000, respectively.
