SOUTH FLORIDA NEWS - Larry Mastropieri

Rybovich Marina Redevelopment to Bring $2B Waterfront Transformation

The long-anticipated Rybovich Marina redevelopment is poised to change the face of North Flagler Drive in West Palm Beach. Backed by the Huizenga family and Integra Investments, this $2 billion project is far more than just another luxury condo development — it’s a complete reimagining of the waterfront experience for the ultra-wealthy and, potentially, for the public too.

A New Vision for West Palm Beach Waterfront Living

West Palm Beach has rapidly become a magnet for high-net-worth individuals seeking modern, amenity-rich homes with yacht access. As prime waterfront land becomes increasingly scarce, the Rybovich Marina redevelopment stands out as one of the last large-scale, transformative projects available in the area.

The Team Behind the…

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Bocora Project in Boca Raton Gains City Approval

A major new project in Boca Raton is moving forward after receiving a green light from the city's Planning and Zoning Board. The joint venture behind the development, Beztak and Wexford Real Estate, plans to expand their Bocora Residential Center, located at 6419 Congress Avenue within the Amtec Center business park. This expansion will bring new housing options, a public gym, and a private school to one of South Florida’s most in-demand cities.

What Is the Bocora Residential Center?

The Bocora apartment project was originally approved as an eight-story residential building with 277 units. With the recent approval, developers will now add 21 additional units, increasing the total to 298 apartments and expanding the living space by approximately…

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Inside Florida DOGE: DeSantis’ Audit Push on Local Governments

In early 2025, Florida Governor Ron DeSantis launched a bold initiative aimed at rooting out what he describes as "waste, bloat, and inefficiency" in local government budgets. Dubbed Florida DOGE (Department of Government Efficiency), the program seeks to audit and investigate how counties, cities, and school districts spend taxpayer money. 

Inspired by Elon Musk's efforts to reduce government waste at the federal level, DeSantis' version brings the fight local. The Florida DOGE task force, led by former Trump-appointed inspector general Eric Soskin, was created by executive order and is supported by a small army of auditors from various state agencies. 

The Florida DOGE initiative is also politically charged. Of the twelve municipalities currently…

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Palm Beach Tops the List of Richest Suburbs in Florida

Think Miami is the wealth capital of Florida? According to new rankings, it’s Palm Beach that takes the crown. With an average household income of $356,467 and homes routinely selling for yacht-level prices, this coastal town now tops the list of the richest suburbs in Florida.

Florida's Wealthiest Suburb Just Made National Headlines

A recent report from GOBankingRates ranked Palm Beach as the richest suburb in Florida and 13th wealthiest in the entire United States. Other high-ranking Florida suburbs included Pinecrest near Miami and Lake Butler outside Orlando. But none came close to Palm Beach’s income levels or real estate values.

• Average household income: $356,467

• Typical home value: $10.21 million

• Population: Around…

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The Berkeley Secures a $62.5M Loan for West Palm Beach Luxury Condos

A $62.5 million pre-construction loan from New York-based JVP Management has cleared the way for The Berkeley Palm Beach, a new 25-story luxury condo tower overlooking Clear Lake. Developed by Al Adelson, the same name behind The Bristol,  The Berkeley is set to redefine high-end condo living in the downtown area.

This major investment signals renewed confidence in West Palm Beach’s growth and high-end housing market. West Palm Beach luxury condos are at the center of this trend, with JVP also indicating it may offer construction financing in 2026, further affirming the potential of this waterfront project.

Developer Spotlight: Al Adelson’s Vision Continues

Al Adelson is no stranger to building luxury landmarks. After his success with The…

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How Can I Estimate My Net Proceeds When Selling a Boca Raton Home?

When you decide to sell your Boca Raton home, the first question that usually comes up is: “How much will I actually walk away with after closing?” The sale price grabs attention, but what really matters is your net proceeds, the money that lands in your pocket once everything is said and done.

At The Mastropieri Group, Realtors,® we guide Boca Raton homeowners through every step of this process, including breaking down numbers so you aren’t caught off guard at closing. Let’s go over what net proceeds are, how to estimate them, and what factors will impact your bottom line.

What Are Net Proceeds?

Net proceeds are the amount of money you keep after subtracting selling costs from your home’s final sale price. Think of it as the “take-home pay” of…

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Related Ross Condo Lawsuit Over a West Palm Beach Development

The Related Ross condo lawsuit has become one of the most closely watched real estate battles in South Florida. Along South Flagler Drive in West Palm Beach, two major players, Related Ross and Fort Partners, are clashing over a valuable waterfront property. The focus of their legal and financial feud is Harbor Towers & Marina, a 40-year-old, 61-unit condominium in West Palm Beach that has suddenly become one of the most contested pieces of land in South Florida.

Why Harbor Towers Matters in the Related Ross Condo Lawsuit?

At the heart of the Related Ross condo lawsuit is Harbor Towers which offers unobstructed views of the Intracoastal and is surrounded by some of West Palm Beach's most ambitious development projects. The building’s position places…

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Can I sell my Boca Raton home with a mortgage still on it?

Answer: Yes, you can sell your home in Boca Raton even if you still owe on your mortgage. The Mastropieri Group, Realtors®, helps you price your home, understand your payoff balance, and guide you through negotiations and closing so the process stays simple and stress-free.

Selling a Home with a Mortgage: What It Really Means

If you’re thinking about how to sell your home in Boca Raton but still have a mortgage, you’re in good company. Many homeowners move before paying off their loans completely. In fact, the majority of Boca Raton sellers in 2025 still had active mortgages when they listed their homes.

Here’s what happens behind the scenes:

• Your lender has a lien on your home until your mortgage is paid in full.

• At closing,…

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What’s Different About Selling a New-Construction or recently renovated home in Boca Raton?

Selling a new-construction or recently renovated home in Boca Raton requires different strategies than selling a traditional resale property. With The Mastropieri Group, Realtors®, you’ll get expert guidance on pricing strategy, professional marketing, and showcasing your home’s upgrades to appeal to today’s buyers.

Why Selling a New-Construction or Renovated Home is Different

If you’re selling a new-construction home or a recently renovated property, you’re not just selling four walls; you’re selling a lifestyle, quality upgrades, and peace of mind for the buyer. That’s where the difference lies compared to selling an older home that hasn’t been updated.

Buyers in Boca Raton often compare new builds and renovated homes against existing resale…

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How do I Prepare my Boca Raton Home for a Pre-Inspection?

What does The Mastropieri Group suggest?

Getting your home ready for a pre-inspection can save time, prevent surprises, and give buyers confidence. The Mastropieri Group, Realtors®, provides practical tips to ensure your home is in the best shape before listing.

What Is a Pre-Inspection and Why Does It Matter in Boca Raton?

A pre-inspection is a professional home inspection conducted before your property officially hits the market. Unlike the buyer’s inspection, this gives you, the seller, an early look at any issues that could affect your sale. In Boca Raton’s competitive market, a pre-inspection helps you:

• Avoid last-minute surprises: Know what might be flagged by buyers and inspectors.
  

• Negotiate with confidence: Be prepared to…

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