Home » November – December: Forget Paris!
November – December: Forget Paris!
Posted on December 2024
Good News for Aspiring Palm Beach Flanneurs and Boulevardiers. Our ever-so walkable town will soon have one more spot to saunter.
A side benefit to the arrival of so many more seasonal and year round residents, has been the infill of a few long empty commercial spaces. Our favorite is the project in progress at 353 Peruvian Ave.
The one-story building at the corner of Cocoanut Row has been empty forever– since well before we moved here in 201o. There are kids graduating college who have never known it as anything but a papered-over storefront.
But the previous owner seemed perfectly content to pay the upkeep and taxes and ride their capital appreciation, turning down one bidder after another. Finally in 2022, a buyer slashed the Gordian knot of seller reluctance and took over the property. Last June the new owners unveiled their plans at a Town Council meeting and what a win it looks like for Palm Beach! They promised to keep the single story historically significant building and fill the storefronts and long forgotten interior courtyard with a mix of town-serving shops.
Our vote for most exciting tenant? A European style coffee shop with pastries, baked goods and to-go items prepared by none other than Le Bilboquet. Better yet, it’s all just a short stroll for our many friends who’ve purchased homes at Major Alley, the Villas, Winthrop House. It’s even a quick hike through the vias from Golfview Road.
Who knew we were so prescient!? Je vous en prie. 🇫🇷
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Circle is 1/4 mile radius from 353 Peruvian
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Palm Beach Area – New Pending Sales
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Market Color: We Have Ignition
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Ignition! As we mentioned in our last letter, we saw a nice inventory buildup as sellers listed their properties post-summer (see chart below). But then the September and early October market was deadly quiet as buyers told us they’d wait to see the outcome of the November elections. And then… they didn’t wait.
Around the 3rd week of October it was as if someone fired a starter’s pistol. We put properties under contract across all types, prices and neighborhoods– from condos to houses, from high end to low, and from Palm Beach to West Palm. As we write this, we have 6 properties in contract, and ours is not exactly a high-volume business (see Activity section below).
We’d note that other agents tell us they are equally busy and the 50% increase is Pending Sales for November 2024 vs 2025 (shown in the chart above) would seem to bear that out. Our explanation? It’s a balanced market with reasonable sellers and more nice homes to choose from than we’ve seen since pre-Covid. And from what we understand, it still gets cold up North.
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Palm Beach Area – New Listings
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*Our New Listing* Everglades Island Half-Acre
Open Water Views & New Dock Approved
Estate Section Waterfront
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| 748 Island Drive |
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748 Island Drive, Palm Beach
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$32,000,000
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5
Bedrooms
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5
Bathrooms
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5,033
Sq Ft.
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Bring your boat, build your dream. Nearly one-half acre looking over open water east to the estate section on the quiet south end of Everglades Island. Approval received for a large 614 sqft dock with two boat lifts. The property is the second from the southern tip of Everglades Island with easy access to deep water and spectacular long views down the Intracoastal. The current home is in excellent condition. It could easily be updated or enjoyed as is while a buyer makes plans to build something spectacular and new. A high-ceilinged living room runs length-wise along the east side of the house, bathed in light, with beautiful views to the water. This is a very special property, on the market for the first time in almost 50 years. Everglade Island neighborhood association provides private security patrols.
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| Request A Private Showing |
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*Our New Listing* Tennis, Beach, Pool
and Beautiful Ocean Views
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| 3440 S Ocean Boulevard, 201N |
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3440 S Ocean Boulevard 201N, Palm Beach
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$2,495,000
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3
Bedrooms
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3
Bathrooms
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2,685
Sq Ft.
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Beautiful open views to the ocean await in this perfectly placed unit at the Halcyon. A subtle jog to the south in the building’s layout means 201N’s expansive living room looks East/Southeast over the dunes to the beach and the sunrise. Originally a 3 bedroom/3 bath unit, one bedroom has been opened up to create a library-den space adjoining the living room, with the 3rd bath providing an attractive powder room for guests. Primary and guest bedroom both have south facing sliders with access to the terrace which wraps around the south side of the unit, offering picture perfect views of the beach and pool. Situated on one of the widest stretches of sand in Palm Beach, Halcyon also features two HarTru tennis courts and, with no pending projects, it’s ready for you to enjoy.
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*Our Listing* Privacy, Security, Luxury
22nd floor of The Bristol with Forever Views ESE
Five bedrooms, Five baths
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| 1100 S Flagler Drive, 2203 |
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1100 S Flagler Drive 2203, West Palm Beach
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$24,950,000
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5
Bedrooms
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6
Bathrooms
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7,166
Sq Ft.
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There is luxury and then there is unit 2203 at the Bristol. The attention to detail is unmatched- from the interior-designer owner’s custom floor plan to elegant wallcoverings, top quality light fixtures and honed Italian marble floors. Even the closets are leather-lined beauties from Ornare. From your 22fl perch, Palm Beach island lies at your feet, with long views of the rolling Atlantic, the Intracoastal stretching away to the south and Kodachrome-ready sunsets to the west. With 7,100 of indoor and outdoor sqft wrapping around the entire south end of the building, the layout features a primary suite with his/her baths and closets and a sitting room/office. A spectacular fitness center, lap pool, his and hers spas and a concierge are just some of the Bristol’s over-the-top amenities Private elevator foyer 5’x8′ storage locker in the basement Custom Crestron security system, audio and lighting Dining room sheathed in custom velvet fabric and backed in foam to absorb sound Chef’s kitchen with Gaggenau double ovens, gas cooktop, multiple fridge drawers and wine refrigerator. Three AC zones Parking for 3 cars, 2 with valet
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*Our Listing* Dock, Beach & Lots of Style
6 bedrooms and a Boat Lift
North End “Cabana Street”
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| 1221 N Lake Way |
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1221 N Lake Way, Palm Beach
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$24,950,000
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6
Bedrooms
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7
Bathrooms
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6,040
Sq Ft.
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A beautifully renovated, masterful landmark of Modernist architecture, the Boat House combines the very best elements of life in Palm Beach – the perfect spot on the lakefront with dock and boat-lift, deeded ocean access at the Mockingbird neighborhood beach cabana, and an incredibly elegant, exquisitely renovated, move-in ready home. This nautically themed Art Moderne home faces prow-forward toward dramatic sunsets, its rooftop deck overlooking the pool, dock and sparkling Intracoastal. Sea-going touches include seamed hardwood floors, porthole windows and white-piped terrace railings. The house received a full renovation a few years ago and the current owners then made meaningful improvements of their own. Those improvements include all new AC units including one for the garage, a high-end water filtration system, an oversized wine and beverage fridge, a smart home tech center and electric awning for the dining terrace. And to top it all off- an outdoor infrared sauna! Mockingbird is one of the very few Palm Beach streets with both a private neighborhood beach cabanas and direct lake trail access.
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| Request A Private Showing |
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*Our Listing* Top of Worth Avenue
A Low-Priced Pied a Terre at the Town Docks
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| 455 Worth Avenue, 302/303 |
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455 Worth Avenue 302/303, Palm Beach
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$2,250,000
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2
Bedrooms
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2
Bathrooms
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1,426
Sq Ft.
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An unrivaled location and a beautiful view to the Everglades Island lagoon. The unit consists of two apartments skillfully combined by renowned architects Fairfax & Sammons. This sunny east and south facing unit is perfectly placed for dropping by Worth Avenue restaurants and shops or strolling the beautiful park at the adjacent Town Docks.
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| Request A Private Showing |
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*For Lease* Annual or Seasonal Lease
Sunlit Unit in Quiet Boutique Building
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| 429 Australian Avenue, 9 |
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429 Australian Avenue 9, Palm Beach
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$19,500 Per Month
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2
Bedrooms
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2
Bathrooms
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1,686
Sq Ft.
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The Australian is an in-town, boutique building located on the lake block, close to the Town Docks and Lake Trail, and a short walk to the shops, galleries and restaurants of Worth Avenue. This fresh and white, large penthouse apartment, on the south east side of the building, has been thoroughly renovated with wide plank floors, marble counter tops and top of the line appliances in kitchen and baths. There is an expansive wrap around terrace with sliding doors that provides plenty of natural light. The second bedroom/sitting room/office is open to the living room with built in book cases. The building has recently done a thorough refresh with a new-look lobby, hall carpets and a pool update coming this summer. The apartment is available for a seasonal or annual lease. Easy to show!
Rental Terms:
Annual: $19,500 Per Month
Winter Season: $33,000 Per Month
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featured in Frederic Magazine (and more)
In SoSo – West Palm Beach
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*Pending Under Contract! – Our Buyer*
A Completely Re-Built Landmark
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323 Chilean Avenue, Palm Beach
4 bedrooms 4.5 bathrooms 5,200 sqft
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*Pending Under Contract! – Our Buyer*
On Gracious Barton Avenue
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224 Barton Avenue, Palm Beach
4 bedrooms 6.5 bathrooms 6,387 sqft
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*SOLD! – Our Buyer Off-Market*
ESE Facing Winthrop Penthouse
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100 Worth Avenue PH 17, Palm Beach
2 bedrooms 2 bathrooms 2,001 sqft
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*Pending Under Contract! – Our Listing*
At the Foot of Worth Avenue
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*Leased!* Unfurnished Annual Lease
Perfectly Kept 3 Bedroom Cottage
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*Leased!* Unfurnished Annual
Immaculate Low-Priced In-Town Cottage
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We always know of “quiet listings.” Be sure we know what you’re looking for!
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Senior Global Real Estate Advisors
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Sotheby’s International Realty
340 Royal Poinciana Way Ste M314 Palm Beach FL 33480
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