Grover Corlew’s Strategic Investment in Pompano Beach Real Estate

Posted by Larry Mastropieri on December 9th, 2024

Grover Corlew, a prominent Boca Raton-based developer, has successfully secured a $114.4 million refinancing package for its newly completed Mayla Pompano complex in Pompano Beach. This deal not only underscores the resilience of South Florida's real estate market amidst elevated interest rates but also highlights the growing appeal of luxury rental communities in the region.

Transforming Pompano Beach with Luxury Living

The Mayla Pompano complex, located at 11 Northeast 24th Avenue, comprises 355 residential units across two eight-story buildings. These modern residences range from studios to three-bedroom apartments, offering floor plans between 548 and 1,383 square feet. Monthly rents start at $2,115 and go up to $4,500, reflecting the…

2488 Views, 0 Comments

Hurricane Milton’s Aftermath: Damage Assessment for Florida’s Real Estate Development Sites

Posted by Larry Mastropieri on October 14th, 2024

In the wake of Hurricane Milton, developers and contractors across Florida are taking stock of the damage. The Category 3 storm, with 120 mph winds, made landfall in Siesta Key, Sarasota County, leaving a trail of destruction that stretched as far as western Palm Beach County. The hurricane caused flooding, power outages affecting over 3 million homes, and spawned tornadoes that devastated neighborhoods, including the Avenir community in Palm Beach Gardens. For real estate agents in Boca Raton, FL, and across the state, Milton’s impact underscores the need for disaster preparedness in the booming Florida real estate market.

High Winds and Collapsed Cranes: A Setback for Luxury Real Estate in Tampa Bay

In St. Petersburg, Hurricane Milton’s winds…

1456 Views, 0 Comments

Boca Raton Council Greenlights Oceanfront Home After Lengthy Debate

Posted by Larry Mastropieri on October 13th, 2024

A multi-year debate surrounding the construction of a new oceanfront home in Boca Raton has reached a conclusion. On Wednesday, following a marathon three-hour hearing, the Boca Raton City Council approved a downsized version of a residential development on the scenic oceanfront property at 2600 N. Ocean Boulevard. This decision was the result of both careful deliberation and legal imperatives, as a previous court ruling established the property owner’s rights to proceed with development.

 

A Case of Compromise and Legal Realities for Boca Raton Real Estate

For those interested in Boca Raton real estate, this approval highlights the complexities surrounding luxury homes in prime locations. The newly approved project is a scaled-back version…

5388 Views, 0 Comments

How to Choose a Boca Raton Realtor

Posted by Larry Mastropieri on April 10th, 2024

Introduction

Welcome to Boca Raton, a city known for its vibrant real estate market! Nestled on Florida's beautiful southeastern coast, Boca Raton is a place where dreams of owning the perfect home can come true.

Choosing a suitable Boca Raton Realtor is pivotal when embarking on your property transaction journey. Whether you're buying your dream house or selling a beloved home, the right realtor can make the process seamless and rewarding.

This article delves into the critical aspects to consider when selecting a reliable and experienced Boca Raton Realtor. From understanding the significance of their role to evaluating their expertise and track record, we'll guide you every step of the way.

What You'll Learn

In this article, we'll cover:

…

747 Views, 0 Comments