Palm Beach Real Estate: An Overview of the Million Dollar Mansion Market in Florida
Palm Beach, Florida, home to celebrities like Tiger Woods, Bon Jovi and former President Donald Trump, has a reputation for glamor, so it’s no surprise that the luxury housing market is nothing short of spectacular. .
FOX Business’s âMansion Globalâ visited two estates in the Palm Beach area, the first to bring Italian villa vibes to the Florida shores.
1160 S Ocean Blvd. in Manalapan faces a 160-foot stretch of beach and sits on 1.7 acres of oceanfront yard, totaling 20,075 square feet of real estate space. The asking price – $ 29.5 million.
Listing agent Holly Meyer Lucas pointed out that the Manalapan area is home to a “who’s who exclusive” of residents. Lucas explained that this house is just one of 30 that has beach access from the front yard and inter-coastal canal access in the back yard for the ability to moor a yacht. .
âWe are seven miles from Mar-a-Lago here,â she said. “So Manalapan has always been this best kept little secret.”
And the house on Ocean Blvd. further serves that exclusive feel, as the main entrance and grand staircase open onto a huge atrium and a mezzanine exterior courtyard. The entrance features tumbled coral worked into the front steps and arch – a material that can no longer be built.
Another material that can no longer be used in construction is Pecky Cypress, a rare strip of wood, but the Manalapan Mansion features it throughout the ceiling of the imposing entryway.
The great room and main wing of the house, complete with a large foyer and wet bar, connects to both the kitchen and the dining room, all with warm, orange accents. The seven-bed, nine-bath estate also features a pool with a cabana, tennis court, and putting green.
Traveling west, the next West Palm Beach mansion brings contemporary to luxury at 6717 S Flagler Drive. The beachfront resort contains six bedrooms and 12 bathrooms inside the nearly 11,000 square foot property.
The modern home was sold for just over $ 15 million, according to Zillow. Douglas Elliman’s listing agent Burton Minkoff reiterated the house’s slogan: “There is no resort like home.”
The fictional vacation home features a gym, screening room, dock that can accommodate a 50-foot boat, and expansive rooftop deck with two summer kitchens and custom built-in hot tubs on each level.
The interior of the house is decorated with clean accents, including a mahogany staircase with transparent barriers and a gray stone fireplace. The home’s U-shaped layout is littered with glass doors along the exterior that recede to allow an ocean breeze throughout the home.
The master suite has stunning water views and has a full coffee bar leading to storage space for him and her.