Palm Beach County Real Estate News

Get the latest Palm Beach County real estate market information about what is going on in cities including Palm Beach Gardens, Jupiter, West Palm Beach, Palm Beach, Singer Island plus hot communities like: BallenIsles, Mirasol, The Bears Club, Frenchman's Creek, Steeplechase, Frenchman's Reserve plus many more!

Dec. 6, 2021

#JUPLIFE: Behind the scenes of pro golf's coolest town

From Golf Digest: https://www.golfdigest.com/

 

It’s dinnertime in Jupiter, Fla., and 1000 North is the place to be. The restaurant opened in 2018 and immediately became a nexus of German engineering, Italian tailoring and South Beach plastic surgery. Jutting into the Loxahatchee River is a private dock so that diners can arrive in style; Dustin Johnson has been known to cruise up in his 82-foot Viking. (The lounge upstairs, available only to the 300 members who pay $4,000 to join and $4,000 in annual dues, carries Fireball cinnamon whisky to whet the whistle of Johnson and his glamorous fiancee, Paulina Gretzky.)

Michael Jordan gets a lot of attention for being a part owner, but the man behind the man is Ira Fenton, a low-key powerbroker who helped finance Jack Nicklaus’ The Bear’s Club across town. That private golf club has about three dozen elite tour pros as members, and its popularity helped inspire 1000 NORTH when Fenton sought to replicate the clubby atmosphere and first-rate service of The Bear’s Club. “If you put together a tournament with just our restaurant’s investors, you’d have a very strong field,” Fenton said recently over a decadent meal, interrupting himself often to greet by name the servers and hosts, all of whom had the fresh-scrubbed good looks of Abercrombie models. Those investors include Johnson, Ernie Els, Brooks Koepka, Justin Thomas, Rickie Fowler, Luke Donald, Keegan Bradley and Camilo Villegas. “It’s a fun thing to be a part of,” Bradley says, “and it guarantees you can get a table on a Friday night, which is getting harder these days.”

1. Brooks Koepka, 2. Debbie Terlato, 3. Bill Terlato, 4. Sherrye Fenton, 5. Ira Fenton, 6. Rory McIlroy, 7. Padma Mantena, 8. Raj Mantena, 9. Ernie Els, 10. Liezl Els, 11. Tucker Frederickson, 12. Ahmad Rashad, 13. Jena Sims

Jupiter’s popularity has solidified its standing as the center of the golf universe. Educated guesses place the number of pro golfers of varying status in the area at five dozen. Set to join them is the consummate California dude, Phil Mickelson, who bought a place on Jupiter Island, where he and wife Amy will feather their empty nest (and enjoy the benefits of no state income tax, which Phil has long desired).

When Jordan wanted to create his private 18-hole fiefdom, the Jupiter area was the only place he considered. The result is Grove XXIII, which opened in 2019 and is already the gathering spot for stars from various sports who indulge in jocular money games and other rituals of male bonding. Grove is in horse country about 15 miles from The Bear’s Club, farther north than was once considered fashionable. But its mystique helped inspire Steve Ross, the owner of the Miami Dolphins, to purchase 1,200 nearby acres, on which he is reputedly planning to build three private courses. It’s a good bet, given that every club in town has a long waiting list, and in the COVID era, well-heeled northerners continue to arrive in droves. The Wall Street Journal reported that Palm Beach, half an hour to the south, has had 35 homes sell for at least $30 million since March 2020, with two eclipsing $100 million. Jupiter, which has not one but three tiki bars clustered around its iconic lighthouse, is beachier than Palm Beach, which Luke Donald describes as “more old money, more swanky, more stuffy.” But with almost no available inventory, the high-end home prices around Jupiter have similarly spiked; Greg Norman sold Tranquility, his eight-acre spread on Jupiter Island, for $55 million. (The season in South Florida used to be October through April, but many new arrivals are staying year-round, beating the summer heat by playing golf early in the morning.)

North Palm Beach is home to venerable Seminole, but that’s not a place where tour players hang out. Old-timers Ray Floyd and Nick Price are the only pro golfers among the membership. In Jupiter, The Bear’s Club has long been a popular spot, with many tour pros living on the premises. In 2017, Rory McIlroy bought Ernie Els’ 13,000-square-foot house for low eight figures and then did an extensive remodel.

The practice facility at The Bear’s Club is legendary, with each pro enjoying buckets of his or her preferred model of golf ball, which are meticulously sorted by the staff. Nicklaus recently reworked the par-3 course. “You can tell when a big tournament is coming because the range is packed,” says Jessica Korda, one of a dozen or so LPGA Tour players who make their home around Jupiter and often practice side by side with the guys. If The Bear’s Club is where players go to work on their game, Medalist is the place to test themselves against each other. DJ and Rickie are regulars, and it was Tiger Woods’ preferred place before his car crash in 2021. The Grove has a spectacular practice facility, but it’s more about the hang. The sleek clubhouse has a dizzying number of TVs, and the real ballers drink Cincoro Extra Añejo from Jordan’s personal tequila company. A 750-millileter bottle retails for $1,800. (Mickelson, the game’s preeminent raconteur, has already joined the Grove.) Those are the big three among the Jupiter area’s private clubs, but there are a bunch of other notable spots: the swank Floridian, which is more to the north but still popular with tour players; classy Old Palm, which has traditionally been the landing spot for European Tour expats; secluded McArthur, which is joining the building frenzy with a new second course, designed by Bill Coore and Ben Crenshaw; and Jupiter Hills, a 1970 George Fazio design that, like many Jupiter residents of a certain age, has had a lot of work done.

All of these courses are private, which means Jupiter will never be a destination for golf tourists. But it is a kind of fantasy camp for the surgeons and stockbrokers at the clubs who get to rub elbows with golf greatness. “If some 18-handicapper asks me how to play a certain shot, I’m always happy to help them,” Johnson says. “You never know what kind of advice they’ll be able to give you in their profession.” Plenty of these deep-pocketed duffers like to engage tour players in money games, but details are always scarce. “If there were any great stories of guys playing for huge money—and I’m not saying there are—you wouldn’t hear about them,” Bradley says. “There’s kind of an honor system to keep things private.”

For tour pros, Jupiter is the ultimate playground. “I can’t live anywhere else now,” says Bradley, a Jup resident for more than a decade. “The courses are so good, and the practice facilities are the best in the world. I can show up any day of the week to a handful of courses and get a game against tour winners, major-championship winners, future Hall of Famers. Obviously, the weather is perfect, and the lifestyle is great. But if the goal is to keep my game razor sharp when I’m home, I can’t get done what I need to get done anywhere else in the world.”

If one house symbolizes the glamour and impetuousness of #JupLife, it is a sleek bit of American Dream on River Drive, with a backyard that spills out onto the Loxahatchee River and a private dock. Bradley bought the house after winning the 2011 PGA Championship and later sold it to Brooks Koepka, who had U.S. Open champ Graeme McDowell’s wife, Kristin, an interior decorator, redo the inside in a style that could be called macho chic: lots of stone and metal with pastel touches. When I visited in late 2017, the garage was a riot of kayaks and stand-up paddle boards, and the walk-in wine room was a nice spot for Koepka’s glittering U.S. Open trophy. As he continued to pile up major-championship victories, Koepka moved to a gaudier place on a bigger, more private lot, selling the house to yet another tour mainstay, Daniel Berger. After winning at Colonial last year, Berger bought a Bahama 41 speedboat to park out back. (What Teslas are to Pebble Beach, the Bahama 41 is to Jupiter.)

Illustration by Josie Portillo

PRO GOLF’S TROPICAL PLAYGROUND

Jupiter, Florida, the de facto capital of professional golf, is 90 miles north of Miami, 155 miles southeast of Orlando and about 55 nautical miles from the Bahamas. There are 16 golf courses in Jupiter and another 78 within 20 miles of the town, the vast majority of them private. But for the 60-plus members of the PGA Tour and LPGA Tour who call Jupiter home, the eight golf clubs that really matter are (from top) Floridian, McArthur, Medalist, Grove XXIII, Jupiter Hills Club, Bear’s Club, Seminole and Old Palm. The restaurant, 1000 NORTH, which opened in 2018 and counts Michael Jordan as part owner, has emerged as a gathering spot for golf’s elite. Several PGA Tour players are investors, members or both.

If Berger can cash a few more oversize checks, he might be able to cross the river to the west side, where Pennock Point Road is the most prized address. That’s where Fowler and Justin Thomas live. Johnson lived there for a long stretch, too, while he was building a modernist Xanadu farther up the river. “It’s a small world,” Johnson once told me. “I’ll be in the backyard chipping, and Rickie will cruise by on a paddle board. Or I’ll be in the boat and see JT or [longtime tour player Steve] Marino messing around at their place. You just kind of wave and keep going. You see them around town sometimes doing normal things. I’ll say, ‘Hey.’ We don’t talk about golf or anything like that.” (As cliquey as it can be, not every pro manages to fit in; Matthew Wolff recently decamped from Jupiter, buying a house in his old college town of Stillwater, Okla. “There’s not a lot of people my age down there,” says Wolff, 22.)

The biggest and most extravagant golfer’s house in the area is Woods’ 12-acre compound on Jupiter Island, extending from the Intercoastal all the way to the Atlantic, with a famed backyard practice area. His arrival is a key moment on Jupiter’s timeline, which begins in 1966 when Jack Nicklaus—fleeing Ohio’s harsh winters and lured by the bountiful deep-sea fishing—settled at Lost Tree Club in what is now considered North Palm Beach. That immediately made South Florida a thing. (Cary Middlecoff soon moved down the street.) In the early 1990s, the second wave of big-time golfers arrived, led by Greg Norman and Nick Price, who took turns as the game’s dominant forces of that era. Norman built a macho club in his image, Medalist, though he hasn’t come around as much since disputes about course alterations and losing control of the board. Price built McArthur, which reflects his more refined sensibilities.

BOOMTOWN Rory McIlroy, Ernie Els and Brooks Koepka are among the dozens of top tour players attracted to the Jup lifestyle.

Jesper Parnevik settled in the area, luring a cadre of fellow Swedes, but Orlando remained the golf world’s center of gravity, especially after Woods established residency upon turning pro in 1996. Orlando’s hegemony was cemented in the popular imagination by the annual Tavistock Cup, a monument to excess that pitted the glittering names from two of O-town’s warring golf clubs, Isleworth and Lake Nona. Landlocked and touristy, Orlando had only one real appeal: an international airport. But in 1999, the tour’s new TV contract kicked in, having been negotiated in the wake of Woods’ game-changing Masters victory. Previously unimaginable riches flowed into the sport. Private jets that had once been the province of only the biggest stars were suddenly within reach of the tour’s middle class. (In 1998, Warren Buffett’s Berkshire Hathaway acquired NetJets and quickly reshaped the private-aviation industry, and the company would sign three dozen players as “ambassadors.”) With tour pros no longer tethered to the Orlando airport, they began migrating toward the ocean, like salmon. (Those who have stayed in Orlando skew European because they can fly nonstop to the Continent on commercial airlines given that going private across the ocean is a big ticket.) The jet center at tiny Palm Beach airport (PBI) quickly became a de facto PGA Tour clubhouse, and when the cost of a private jet is split among five or six golfers, it becomes almost defensible.

Woods famously wooed one of Parnevik’s nannies, a cosmopolitan law student (and, yes, former bikini model) named Elin Nordegren, who made it clear she had zero interest in living in Orlando. In 2006—two years after the splashy wedding—Tiger paid $40 million for his sprawling estate. He tore down the existing structures and built his dream house, complete with two swimming pools, a home gym and an oxygen therapy room. (By the time construction was finished so, too, was Woods’ marriage.) Seeking to put his branded stamp on the neighborhood, he opened his restaurant in 2015. The Woods Jupiter aspires to be a high-brow sports bar, though the prices suggest Peter Luger; the 10-ounce filet mignon is $53. Unlike the sleekly dressed staff at 1000 NORTH, the waitresses and bartenders at The Woods are a scrappy bunch who look like they have lived a little. In 2017, Tiger became romantically involved with the restaurant manager, Erica Herman, and they have settled into a contented domesticity.

Tiger also nabbed professional golf ’s biggest boat, a 155-footer he named Privacy. As the name suggests, Woods uses his yacht to get away from it all. The water is at the center of #JupLife. Many of the restaurants have private docks, and reservations are encouraged—for the boats more than the humans. Johnson and Donald are among a group of enthusiastic chasers of marlin, sailfish and mahi. “Berger thinks he’s good, but when we’ve gone out, he’s caught nothing, so I’ll believe it when I see it,” woofs Donald.

Of course, some of Berger’s best work comes without a rod in hand when he is “boating”—the local parlance for hanging out at sand bars with hot women and cold beverages. (The most popular sand bar juts off Jupiter Island and is known as Tiger Beach because Woods’ house is about 1,000 feet away, though he is never glimpsed behind the towering hedges.) The popular imagination of Jupiter as a sexy, sudsy place comes largely from the social media feeds of three extremely photogenic and often scantily clad influencers: Gretzky, Jena Sims (Koepka’s fiancé) and Tori Slater (Berger’s girlfriend). Their beaus make occasional cameos in their posts, offering stiff dance moves, doing backflips off their boats or, in Koepka’s case, wearing sneakers and an untucked t-shirt on even the fanciest occasions. It’s hard to argue with Donald, who says, “This place is a bit like Fantasyland.”

Like any town, Jupiter is cleaved by its haves and have-nots. The area’s young, aspiring pros are not investors in 1000 NORTH but regulars at the Square Grouper, a tiki joint with leathery dudes behind the bar pouring Creamsicles, which are made with whipped-cream vodka, orange juice and cream. They taste like your childhood, plus a dash of regret. The mini-tour rabbits can’t afford (and are not invited) to join the glamorous clubs, so they congregate at Abacoa, Bear Lakes, Ironhorse, Seagate and other less-fancy joints that will cut them a deal on mini-memberships. The cost of living is so high that sharing apartments is common, though in a new twist on chain migration, players who make it to the big leagues will sometimes lend a hand; when Dominic Bozzelli made a better life for himself on the PGA Tour, he allowed his friend Gavin Hall to live in his house for two years, rent-free. “He knows how hard it is to make it and was nice enough to help me out,” says Hall, 26, a Texas grad who is chasing it on the Forme Tour, a Florida-based micro-mini that sends its top-five point earners to the Korn Ferry Tour. He could live somewhere cheaper and less glamorous, such as Jacksonville, but like the hedge-fund managers swelling the waiting lists at Jupiter’s private golf clubs, Hall wants to be close to the action.

“Every day I’m around players from the Challenge Tour, Canadian Tour, Latinóamerica, Korn Ferry,” he says. “All of these guys are busting their butts to get better—it’s motivating. Every now and then you get invited to play with established [PGA] Tour guys. To see up close how those guys operate, how they hit the ball, how they carry themselves, that’s invaluable.”

 

The Minor League Golf Tour hosts no-frills tournaments throughout South Florida, and it recently visited the Country Club of Coral Springs, an easy drive down I-95 from Jupiter. Thirty players kicked in $495 apiece to compete in (and fund) the three-day event. Only 12 made the cut and therefore earned a paycheck. The winner, Patrick Allgeier, went 19 under par to take home $2,200. Rohan Ramnath finished 11th, good for $480—a net loss even before factoring in gas money.

 

“It’s an interesting situation, to be surrounded by so much wealth and so many great golf courses and famous golfers while a lot of us are just struggling to get by,” says Ramnath, who graduated from Harvard with a degree in applied mathematics. “It’s a pretty stark illustration of how much your life can change if you shoot better scores.” There are trophies to be won and history to be made, but nowadays there is little doubt how the spoils would be spent.

 

Says Ramnath,“A big house on the water in Jupiter, that’s definitely the dream.”

 

Read original article here: https://www.golfdigest.com/story/behind-the-scenes-jupiter-florida-brooks-koepka-rory-mcilroy-ernie-els

Posted in Jupiter Florida
Sept. 8, 2021

3 of The Best Club Communities in Palm Beach Gardens

Palm Beach County Country Club Real Estate

One of the things that attracts so many retirees, vacation home owners, and other luxury lifestyle lovers to the Palm Beach Gardens area in Florida is its many golf and country club communities. There’s a long list of perks to living in one of these exclusive neighborhoods, including a variety of lavish amenities, gorgeous properties and landscaping, and like-minded community members, to name a few.

Depending on what you’re looking for, there are a wide range of different clubs for you to choose for your next home. To help you start your search, here are a few of the top club communities in Palm Beach Gardens for you to consider!

1) Frenchman’s Creek

Located in an expansive area along the Atlantic Ocean in Juno Beach, Frenchman’s Creek is the ideal place to look for a home if relaxation and recreation are your priorities. Most homes are newly-built or renovated and common spaces, landscapes, and area infrastructure are always well-maintained. Frenchman’s Creek offers a wide range of activities and amenities, including boating, yachting, watersports, a spa and fitness center, two 18-hole golf courses, casual and fine dining, and much more.

2) Old Palm Golf Club

Although it is smaller than most Palm Beach Gardens club communities, Old Palm Golf Club makes no sacrifice in luxury. The expansive estates you’ll find in this community feature custom-built homes, so you’ll have a unique view wherever you turn. Old Palm Golf Club is one of the most popular golf communities in the county with an elite championship course and golf studio to perfect your skills. You’ll also find all of the standard luxury country club amenities, many attractions in the surrounding area, and a concierge service to coordinate your excursions out of the community.

3) BallenIsles Country Club

BallenIsles Country Club is truly the community with something for everyone seeking top-notch amenities and a lavish lifestyle, given there are 33 unique neighborhoods to choose from. As a member of BallenIsles, you’ll be able to take advantage of three championship golf courses, an active social calendar, a comprehensive workout facility, pool, many styles of dining, and other deluxe comforts. This community is also great for families, as it features 24/7 security and close proximity to popular Palm Beach Gardens attractions, schools, and other conveniences.

Do any of these amazing communities sound like the perfect place to live the lifestyle of your dreams? Leibowitz Realty Group can help you find the right community property to call home! As a luxury real estate agency with decades of experience in Palm Beach County, we can get you set with an upscale home in the most popular area country clubs, including the ones listed above and many more.

Contact us today to get started on your search!

July 6, 2021

These Are the Top Trends in Luxury Homes Right Now

2021 Luxury Home Trends

Just like any other real estate market, the property features that are popular with luxury home buyers and owners are constantly changing. This year’s home trends are about comfort and being on the cutting edge. Everything from open concepts to outdoor oases have been trending, as well as the incorporation of unique walk-in closets and in-home smart technology. Let's take a closer look!

Open Concepts

Open concepts have become popular in recent years and 2021 is no different. An open concept provides a functional, natural flow between rooms by avoiding unnecessary walls and half walls. A home with an open concept makes for a great space to entertain guests or spend time with family. 

Outdoor Oases

Outdoor relaxation areas are extremely popular, especially in Palm Beach County, and can feature everything from outdoor fireplaces to hot tubs, gardens with water features, and more. Rooftop terraces and gardens are also on the rise and are the perfect place to relax and take in the view. A rooftop hot tub or swimming pool only enhances the experience.

Spacious Walk-In Closets

Luxurious walk-in closets include all the shelving, hanger and storage space necessary. They are often as big as a standard bedroom. Many walk-in closets now include adjustable lighting, full-length mirrors, and security features to keep jewelry and other valuables safe and easily accessible.  

Smart Technology

Smart technology for the home can include everything from a smart fridge to a smart thermostat, to lighting and security features. These products can all be controlled with ease through a phone or tablet. Other smart products include smart doorbells with camera, motion triggered security cameras, the latest mesh Wi-Fi for better connectivity, and more.

Whether you’re looking to buy a luxury home or are interested in selling, Leibowitz Realty Group is the realty team to call in Palm Beach County, FL. We have been in the luxury home business for nearly 20 years and will make the buying or selling of your home a smooth process.

We invite you to reach out to our team of experts at Leibowitz Realty Group today at 561-627-5100!

May 6, 2021

Tips to Help Sell Your Luxury Home Faster

Luxury Home Sale Tips

Selling a luxury home is a whole different ballgame than ordinary real estate. The buyers, numbers, strategies, and properties are in a separate tier all their own. As a result, it often takes longer to sell a high-end property than an average one. If you go about it the right way though, strategically targeting and working to appeal to your more refined buyer pool, you’ll be able to pull off a quicker, and likely more lucrative, sale.

To help you out, our luxury real estate experts have put together a few tips to help speed things up!

Hire a luxury real estate agent.

Luxury real estate is a specialty market, which means not everyone is equipped to handle it. If you want to sell your home faster, it’s imperative that you work with a skilled and experienced luxury real estate agent in your locale. They’re the only ones who will truly know your buyer, how to draw them in, and understand the unique preparation and marketing needs of a high-end home.

Work with a professional home stager.

Home staging is an essential aspect of presenting the best version of your luxury home. A professional stager will have the skill and resources necessary to bring out your home’s top features, which will help buyers envision themselves in your space. Putting the idea of a luxury lifestyle in their head along with your luxury property will get them more emotionally invested—and more likely to buy quickly.

Use aerial photography.

Your online listing is your property’s first impression on buyers, and where most of them will decide whether or not it’s worth pursuing. Including aerial photographs of your home will make your listing stand out among the similar luxury homes vying for buyers’ attention. Plus, an aerial view will really show off the breadth of your property (this is especially advantageous if you have a waterfront home).

Price it right.

Listing your home for too high of a price is one of the biggest mistakes a seller can make. If your price turns off buyers, your property will end up sitting on the market for longer. Then, as people see no one has been interested, they’ll start to wonder what’s wrong with your home. The right price, on the other hand, will make buyers want to snatch up the good deal on your luxury property before it’s gone.

Are you looking to facilitate a quick sale of your luxury home? Leibowitz Realty can help! Our agents have been maneuvering the luxury real estate market for buyers and sellers day in and day out for over two decades. With our connections, resources, and skill, you’ll be hard pressed to find someone more qualified to sell your high-end Palm Beach County home faster or for a better price.

Contact us today to learn more about our luxury real estate services!

March 8, 2021

How to Find the Right Vacation Home for You

Vacation Homes in Palm Beach Gardens

There are a lot of advantages to owning a vacation home. You’ll have a convenient and easily accessible getaway spot at a moment’s notice. There’s opportunity to earn extra income if you rent it out. You can spend a few years settling in and then retire there. Whatever your reason is, a second property usually ends up being a smart investment—that is, if you go about it the right way.

If you’re considering buying a vacation home, make sure you take the following steps to ensure you choose the right property!

Determine your goals first.

Before you even begin your search, think about why you want to buy a vacation home. Does your family vacation in the same place each year and owning a home there makes financial sense? Do you plan on renting it out for additional income? Will you be retiring to this property?

Knowing what you’ll be using your vacation home for will help you determine your needs in terms of location, budget, insurance, and amenities.

Research the locations you’re considering.

Location is perhaps the single most important factor when choosing a vacation property. You need to buy a home in an area that you and your family will enjoy living in or, if you’re renting, that will attract a wide rental pool. Narrow down the locations that will best fit your needs by doing some research.

Look into local economies, job growth, real estate prices, nearby amenities, community resources, area recreational activities, and the rental/tourism market. If possible, it’s a good idea to rent the place you’re considering before buying to get a more accurate idea of what it will be like for you or your renters to live there.

Create a realistic budget before you start looking.

Owning a vacation home is a luxury. You need to be absolutely sure you can afford it before you take that leap. Actually being able to afford a vacation home means having enough not just for a down payment and mortgage, but for the ongoing costs of ownership as well.

Additional expenses to factor into your budget include interest rates, maintenance costs, homeowners insurance, homeowners association fees, taxes, utilities, and rental amenities.

Florida, and Palm Beach County in particular, is one of the top destinations for investing in a vacation home.

As the premier luxury real estate specialists in the area, Leibowitz Realty is your best resource for finding the property of your dreams. Whether you’re looking for a private place or country club home in Palm Beach Gardens, West Palm Beach, Jupiter, or beyond, our team will have your vacation home needs covered.

Contact us today to get started on your search!

Jan. 6, 2021

4 Tips for Buying a Waterfront Property

Waterfront Properties for Sale in Palm Beach County, FL

Who among us hasn’t dreamed of living somewhere you can smell the ocean breeze when you open the window in the morning? The draw of living on the water is obvious—beautiful views, relaxing atmosphere, quick and easy access to your favorite aquatic activities. The trick is finding a waterfront property that falls within your budget, meets your needs, and lives up to your dreamy expectations.

While that may sound like a challenge, it’s by no means an impossible task. If you’re starting your search for a waterfront property, keep these tips in mind to help you settle on the perfect spot!

1) Inspect the property closely.

Life on the water can do serious damage to a house that hasn’t been built for it. That’s why it’s especially important to have a thorough property inspection completed by a professional before buying. Make sure they look for issues commonly associated with waterfront properties, such as corrosion, mold/mildew, basement flooding (low foundation), utility access, etc.

2) Talk to the neighbors.

If you’ve haven’t lived on the water before, it’s easy to romanticize it. Talking to the people who live around the house you’re considering, and on the same body of water, is a good way to gain insight on what life there is really like. Ask them about any issues they’ve had with their properties, restrictions to water use, and what the community is like.

3) Look into insurance before you buy.

There are often insurance requirements and/or recommendations for waterfront property owners that go beyond standard home owner’s insurance. Especially in a climate like Florida’s, you will likely need flood, wind, and hazard insurance on top of a regular policy. These additional insurance costs can add up quickly, and therefore must be factored in to your budget and any offers you make.

4) Work with a real estate agent who is experienced in the waterfront property market.

Waterfront properties really are a specialty, which means you need someone with specialized knowledge to help you find and purchase the right one. An agent experienced in the local waterfront property market will know what to look for in a property, how to navigate the official and legal process of buying, and know what constitutes a good deal—and how to snag one for you.

If you’re looking for a waterfront home in Palm Beach Gardens or Jupiter, Florida, then Leibowitz Realty is your number one real estate resource! Our agents know luxury real estate, and waterfront properties specifically, better than anyone else in the area. We’ll help you find the home of your dreams on the water for a price that can’t be beat.

Contact one of our agents today to get started on your search!

Posted in Home Buyer Tips
Nov. 2, 2020

The Advantages of Living in a Golf Course Community

 

Why Live in a Golf Community

For golf enthusiasts, the draw of living in a golf community is obvious. But for those who don’t live and breathe to work on their putt, you may wonder if buying a home in a golf club community is worth it. The truth is, there are a lot of additional benefits to the country club life besides first-class golfing that are worth considering in your search for the right luxury home. Let’s take a look at some of the advantages that living in a golf course community has to offer!

Beautiful Landscaping

Imagine waking up each morning to a view of the lush green hills of a sprawling golf course. In a golf club community, you’ll be able to enjoy the gorgeous scenery of a perfectly-landscaped golf course from the comfort of your own home. Golf courses, as well as the homes in golf communities, are meticulously maintained. The vibrant green grasses, dazzling blue lakes, and other colorful features will be picture perfect every day—and you won’t even have to lift a finger.

Like-Minded Neighbors

Life in a golf community appeals to a specific type of person. As a result, residents of a country club tend to be around the same age and share similar interests. Some communities even impose age restrictions on their members. It will be easy to meet new people with similar values and build friendships doing the activities you love together.

Convenient for Golfers

Of course, for golf lovers, one of the biggest advantages of a home in a golf community is the prime golfing opportunities. You’ll have access to a first-rate golf course (or more likely two or three) right in your own backyard. As a club member, you’ll get the first pick for tee times and be able to play at a discounted rate. A lot of golf communities even include course access in your membership fee, so you can play whenever you’d like at no additional cost.

Membership Amenities

If golfing isn’t your thing, or you just need a break from working on your swing, golf course communities usually offer a wide range of other luxury amenities in addition to course access. You’ll often find tennis courts, a pool, a fitness center, a club house with daily dining, and more. These communities also typically hold regular and special events exclusively for members, offering even more fun activities and opportunities to socialize.

If you’re searching for the perfect golf course community home in Palm Beach County, Florida, Leibowitz Realty is here to help! With several decades of experience in the local luxury real estate market, our agents can help you find the best country club and luxury property to fit your lifestyle.

Give us a call at 561-627-5100 today to start your search!

 

 

Aug. 19, 2020

3 Things to Look for When Choosing a Luxury Real Estate Agent

Luxury Real Estate Agency in Palm Beach County, FL

More often than not, the success of a home sale hinges on the prowess of your real estate agent. When you’re selling a home, your agent is your direct connection to information on the market and local buyers, as well as your guide to what steps you need to take to cinch the most valuable offers.

If the property you're selling falls into the luxury category, there are a few distinctive qualities you need to look for when choosing the best real estate agent for the job.

1) Experience in the luxury market

The luxury real estate industry is an entirely different beast than the standard market. To ensure you’re making the most out of your sale, you need to find an agent who is experienced in selling luxury properties and familiar with the nuances of an upscale market.

A seasoned luxury real estate agent will have access to the latest luxury market trends and data, know the best staging and marketing techniques to highlight a home of your caliber, and practice the etiquette that’s expected when working with high-end clients (discretion, flexibility, etc.).

2) Marketing plans specific to each property

A qualified agent knows how and where to reach the luxury buyer pool. They’ll be informed on exactly what local luxury buyers are looking for in a high-end home and the best ways to advertise your property to highlight those features and amenities.

A luxury real estate agent should be able to present you with a marketing plan specifically designed to sell your property—not just any luxury home. This plan should incorporate both online and offline tactics. Competition in the luxury market is fierce, so it’s important to emphasize every element that can set your home apart on every forum high-end buyers will be using in their search.

3) Extensive network in the luxury real estate industry

Many professionals in the real estate industry assert that it’s not always what you know, but who you know. Even if that’s not always true, when you’re dealing with a sale of this much value, why take the chance?

Your luxury real estate agent needs to have the means to target and connect with the right audience. Look for agents who have cultivated strong relationships with other luxury clients, agents, and organizations. The more resources your agent has, the quicker your home will sell at the price you want.

With over 20 years of experience with home buyers and sellers in upscale Palm Beach County communities, no agency is better-equipped to handle the sale of your luxury property than Leibowitz Realty Group.

Our agents are known for their skill, professionalism, and rate of success in helping clients close on their ideal property or sale value. Contact a member of our team today to get started on the sale of your luxury home!

 

June 17, 2020

Pricing Your Luxury Home to Sell

Tips for Pricing a Luxury Home

Settling on a listing price for your home can be a challenging process. You can’t just pull a number out of thin air, put it online, and expect the offers to come rolling in.

Especially in luxury real estate, your listing price has to be justified by the current conditions of the market as well as the unique features of your home. Hitting the wrong note with your initial price can seriously impact how long it take you to sell and how high the final offer ends up being.

Here are a few things for you to keep in mind to help you reach a number that works for you and your potential buyers:

Start with a comparative market analysis.

There are a lot of comparative market analysis tools available for sellers who need help determining a price for their home. Simply ask your agent to generate a report for you or use the custom market report feature on our website to do it yourself.

You should also do your own separate research into other listings in your area. Look at properties with square footage within 10% of yours, about the same age, and within a few miles of your location to get a more accurate idea of where your house might fall.

Don’t let emotion cloud your judgement.

Just because your home is where you and your spouse got married and your baby took their first steps, doesn’t make it worth more to your prospective buyers. Nobody is going to have the same emotional investment in your property as you. Try to put yourself in your buyers’ shoes and remember that your fond memories don’t translate to monetary value.

Be prepared to cut the price if necessary.

The longer a property sits on the market, the more it depreciates in value. You need to be able to recognize (or listen to your agent) when you’ve listed too high and willing to lower the price accordingly. Older listings are not appealing to buyers, so one large upfront price correction will be more effective than lowering it slowly over time in hopes that someone bites.

At Leibowitz Realty Group, our agents have access to the best and most up-to-date resources available in the luxury market. Using the information we gather and our experience in the luxury real estate industry, we’ll help you price your high-end property to sell.

Contact one of our agents today to learn more about how we can help you with your home selling or buying needs in Palm Beach County!

April 14, 2020

Tips for Staging a Luxury Home

Luxury Homes for Sale in Palm Beach County, FL

When you’re selling a high-end home, staging is a crucial step to the preparation process. Home staging makes your property more appealing to buyers, helps it sell faster, and often results in higher offers.

In order to stage your home successfully, you need to focus on marketing to the demographics of your buyers. For many residents in West Palm Beach and Jupiter, Florida, that means captivating the luxury home buyer. If you’re not quite sure how to do that, don’t worry—we’ve got a few tips to help you get started!

Highlight your high-end amenities.

The goal of home staging is to set your property apart from your competition. The best way to do that in a luxury home is to showcase the unique features you have to offer. Keep in mind that buyers looking for a high-end home will be especially interested in your high-end features.

Highlight the refined amenities that give your space its luxury quality—waterfront views, a home theater, elegant fireplaces, an inground pool, etc.

But, don’t sacrifice comfort.

Yes, your home should look and feel luxurious. Don’t forget though, you’re not just selling a property when you stage a home, you’re selling a lifestyle. Show your buyer that your home is both upscale and functional.

Avoid overfilling rooms just because you can, as you want to leave plenty of usable space on display. Help buyers imagine themselves actually living in your home, so they don’t feel like they’re just walking through an opulent museum.

Make your luxury space feel bright.

Luxury home buyers are looking for a light, airy ambiance that invites them to stay a while. Create positive, welcoming energy by ditching heavy drapery to let in the natural light, decluttering, and strategically using color and décor.

Mirrors, for example, can make your space feel bigger and brighter, and warm neutral colors will help it feel homey without sacrificing any universal appeal.

For buyers and sellers trying to navigate the luxury real estate market in Palm Beach County, Florida, Leibowitz Realty Group is your top resource! With over two decades of experience in the industry, no real estate company is better equipped to help get you the best deal or highest offer on your high-end property.

Give us a call at 561-627-5100 today to get started on buying or selling your next luxury home!