Majestic Waterfront Mansion...

Live the ultimate concierge lifestyle with resort-style amenities
  • Newly renovated 90,000 sq. ft. clubhouse with men's and ladies card rooms; a business center; five lounge and bar areas, including a Sports Bar with billiard tables and four dining venues, open all year.
  • private beach club directly on Juno Beach with full gourmet restaurant and resort style cabana service.
  • New state-of the-art 24,000 sq. ft. fitness center and spa, new heated resort pool and separate lap pool, as well as a full service salon and spa.
  • Two championship 18 hole golf courses; driving range; golf practice and training area; international caddie program.
  • 16 Lighted Har-Tru tennis courts.
  • 24/7 Security and Paramedic staff and state of the art surveillance technology; neighborhood K-9, waterway, perimeter, and golf course patrols.
  • Dog park: outdoor club for four legged members and stocked lakes for fishing.
  • Children's activity center, playground, basketball court and special club programs, including carnival, ice skating, amusement rides and games.

Beach and Country Club Lifestyle

5-Star Resort Concierge Living
  • all day complimentary valet service;
  • complimentary breakfast;
  • dinner hors d'oeuvres, bottled water, coffee, tea, healthy snacks and cookies;
  • club  sommelier;
  • planned entertainment;
  • travel;
  • community philanthropic organization;
  • educational seminars and art exhibitions;
  • airport and local transportation;
  • food delivery;
  • home repair and house watch services;
  • business center and conference rooms;
  • dry cleaning pick up and delivery;
  • hurricane preparation, shelter and post cleanup services.

 

Neighbors of Callery-Judge Grove in 2007 protested a proposal for 10,000 homes on the citrus farm. Bruce Bennett/The Palm Beach Post

Minto Communities’ purchase of citrus farm Callery-Judge Grove means the builder paid just over $17,000 per unit. That’s based on the land price of $51 million and the 3,800-acre site’s approval for 2,993 homes.

By way of comparison, home builder Landstar last year paid $20 million for the 4,763-acre Vavrus Ranch in Palm Beach Gardens. That property is zoned for only 406 homes — meaning Landstar paid $49,000 per unit — but the new owner wants to build 7,600 houses there. (Add the $10 million Landstar paid to buy out another contract on the land, and the price rises to $74,000 per approved home.)

Minto has yet to divulge its plans but has indicated in private meetings that it will ask the county for permission to build up to 5,000 homes.

“They must feel that either the deal works at the lower density, or they’re confident they’ll get approval for the higher density,” said Brad Hunter, an economist at Metrostudy in Palm Beach Gardens. “Minto is clearly speaking with their wallet and saying the housing market is going to continue to flourish.”

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on Monday, September 23rd, 2013 at 9:46 am and is filed under Housing boom.
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