MARKETWATCH sailing clubs, plus condo developments like Park Grove and Grove at Grand Bay, and a burgeoning restaurant scene with names like PLANTA Queen and Bellini at Mr. C Miami. The oft-overlooked Singer Island in Palm Beach County has plenty to offer prospective residents, too, adds Beth Butler, Director of New Development Southeast at Compass. While Jupiter Island has the more well-known name, Singer is coming into its own with luxury new developments, including Amrit Ocean Resort & Residences. “Singer Island is pedestrian friendly, offers scenic waterfront views, and is just a short drive away from the luxurious shops on Palm Beach’s iconic Worth Avenue,” Butler says. Of course, there’s also Downtown Miami, experts say. New developments like One Thousand Museum
6 Via Los Incas, Palm Beach SOLD $35.430M Gary Pohrer, Douglas Elliman
are shaking up the skyline. Designed by the late renowned Zaha Hadid, it is South Florida’s most prestigious and coveted new residential tower and is redefining high design and luxury in Miami. Rising 62 stories above downtown, the tower offers its residents a unique design, unprecedented level of service, unrivaled amenities, and breathtaking views of Biscayne Bay and the Atlantic Ocean. With only four units remaining, it’s one of Miami’s most successful new developments. So, what can buyers do when the busy season is fast approaching in an already tight market? Meyer Lucas recommends being open to fixer-uppers, which in South Florida are often “completely livable.” Though contractors in the area can have an ominous reputation, a local real estate agent who knows their stuff will be able to connect you with the right pros. “Lean on your representation and I promise you, the carpet in the bedrooms can be replaced right after closing,” she says. “My advice for buyers is to ensure you have a longer runway time so you can comfortably browse and research properties without the added pressure of a tight timeline,” Butler says. “Due to the lack of inventory, there is not a lot of flexibility in pricing so it is best to come expecting to pay the most your budget can allow.”
One Thousand Museum Residences by Zaha Hadid Architects in Downtown Miami
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