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.

This West Palm Beach home on Heath Circle North for $84,000 at foreclosure auction. It sold a year later for $155,000.

While home investors have been trending toward the buy and rent business model, a new report shows flippers are increasingly enjoying a higher rate of return in South Florida as home prices rebound.

In Palm Beach, Broward and Miami-Dade counties, the typical flipper in 2012 made a gross profit of $51,227 on their investment as the value of homes grew 16 percent, according to a RealtyTrac report.

The report measured the top 25 markets in the nation for flipping homes where the practice offered the highest rate of return. The profit amount doesn’t include the costs to renovate the home.

Orlando ranked first for potential profits with the average home selling for $103,701. But with a little spit-shine, the flipped price went up to $168,677.
Tampa ranked third nationally, with South Florida coming in sixth.

Flips were counted when the sale of the home occurred within six months or less of the previous sale of the same home.

According to the report, there were 4,299 homes flipped in South Florida in 2012, an increase of 36 percent from the previous year. Flippers bought at an average sales price of $138,064 and sold at $189,291.

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This entry was posted
on Friday, May 3rd, 2013 at 8:29 am and is filed under Florida economy, Foreclosures, Housing affordability, Housing boom.
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