Found 2 blog entries tagged as Boca Raton Luxury Homes.

How NYC’s Mayoral Race Impacts the Luxury Real Estate Market in South Florida

The shock from New York City’s recent mayoral primary wasn’t just political—it was felt instantly in the Luxury Real Estate Market in South Florida. Within hours of Zohran Mamdani’s win, phones started ringing in South Florida brokerages. Some Manhattan buyers weren’t waiting to see what came next; they were already calling to ask about oceanfront estates, guard-gated islands, and private showings.

Mamdani, a 33-year-old democratic socialist, built his campaign on promises to add 200,000 affordable homes, freeze rents on stabilized units, impose a 2% millionaire’s tax, and double the minimum wage. Supporters hail these measures as long-overdue solutions to housing affordability. But to some investors and high-net-worth property owners, the proposals…

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Lotus Palm - Luxury Real Estate in Boca Raton, FL

The neighborhood of Lotus Palm in Boca Raton, Florida, as described by Larry Mastropieri, a real estate broker and owner of The Mastropieri Group, is a testament to the robust real estate market in Palm Beach County.

Despite national and statewide trends, the county's allure keeps home prices at record highs, and Lotus Palm is a prime example of this phenomenon.

Located just north of Glades Road and west of the turnpike in West Boca Raton, Lotus Palm is a new community under construction by GL Homes. As of late November, almost every home in the community has been sold, with prices starting at $1.3 million. The neighborhood features 200 homes still under construction, expected to continue for another year or two.

GL Homes has…

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