SOUTH FLORIDA
THE PREMIER LUXURY HOME AND LIFESTYLE MAGAZINE
PALM BEACH PERFECTION
at the Phipps Estates
PRESENTED BY THE KOCH TEAM AT CORCORAN SEE PAGE 116
THE CANALETTO COLLECTION
reimagining WEST PALM BEACH
future of West Palm Beach.
BY MILA EVERHART
West Palm Beach is about to experience a transformation unlike anything it’s seen before. At the center of this evolution is the Nora District—a meticulously curated, $1 billion 40-acre neighborhood that’s redefining modern urban living. Named after North Railroad Avenue, the vibrant pedestrian-friendly district is cultivated with best-in-class food and beverage establishments, boutique fitness and wellness, lifestyle retail and creative office experiences. A collaboration between NDT Development, Place Projects, and Wheelock Street Capital, Nora is more than a district - it’s a vision realized.
Stretching from Palm Beach Lakes Boulevard to Quadrille Boulevard and flanked by North Dixie Highway, Nora is a walkable, artfully designed district where early-20th-century charm meets cutting-edge experiences. The heartbeat of Nora lies in its revitalized railway warehouses—13 in total—being transformed into over 150,000 square feet of boutique retail, high-end fitness,
Phase one, launching in 2025, establishes the framework for an immersive, pedestrian-first destination defined by cobblestone streets, lush plantings, open-air art installations, and a deep respect for architectural heritage. Nora’s public realm is as engaging as its interiors—with gathering spaces, green plazas,
The Nora Hotel Lobby Photo: Gachot
Anchoring the district is The Nora Hotel, a fivestory, 201-key luxury boutique hotel opening in 2026. Developed in collaboration with BD Hotels and hospitality visionary Sean MacPherson— whose resume includes The Bowery, The Mercer, and the Chelsea Hotel in New York—the hotel brings understated glamour and bespoke service to West Palm Beach. Pastis, the beloved New York brasserie, will add its iconic Parisian charm to the hotel’s culinary lineup. Richard Born of BD Hotels says, “The Nora District is the ideal setting for our
hotel, and we have the pleasure of working alongside the developers of Nora to bring this remarkable destination to fruition.”
The retail and dining landscape will reflect Nora’s cosmopolitan sensibility with tenants including Loco Taqueria & Oyster Bar, The Garret Group, Celis Juice Bar, Del Mar Mediterranean, Mint, The Spot Barbershop, Sana Skin Studio, [solidcore], IGK Hair, Indaco, ZenHippo, and more to come.
neighborhood that connects seamlessly with the city’s residential core. Designed in partnership with the City of West Palm Beach and nationally acclaimed urban planning firm PlusUrbia, Nora’s master plan ensures thoughtful transitions between existing communities and the vibrant new development. With $84 million in construction financing already secured, the momentum is real—and growing.
As anticipation builds and construction progresses, one thing is clear: Nora is not simply revitalizing West Palm Beach—it’s reimagining it. A district where legacy meets lifestyle, where art meets architecture, and where every detail is tailored for a sophisticated new era of urban living. Nora isn’t just the next chapter in West Palm’s story—it’s the future.
Nora Entrance - Rendering
The Nora Hotel Photo: Stantec
BY JAXON WILDE
South Florida’s luxury real estate market remains a national standout, with Palm Beach County setting the pace in both sales volume and pricing. In 2024, Palm Beach Island saw 46 single-family homes sell for over $10 million—up from 37 in 2023—driven by demand for turnkey, waterfront properties. Trophy estates surpassing $50 million and record price-per-square-foot deals underscore the strength of the ultra-prime segment. Listings over $100 million, once rare, now reflect the region’s new luxury standard.
HRES spoke with three top South Florida brokers who specialize in highend coastal properties. Backed by deep market insight and a blend of public and private listings, they shared trends shaping the market: rising demand for move-in ready homes, strategic off-market sales, and evolving buyer expectations. Their take? South Florida isn’t just desirable—it’s a status symbol.
HRES: What are the current trends in luxury home pricing across South Florida?
ELIZABETH DEWOODY - COMPASS
South Florida remains a dominant force in the U.S. luxury real estate market, with Palm Beach County leading the way. Multiple ultra-luxury properties have sold for over $40 million, underscoring the strong demand in this segment. On Palm Beach Island, the median price for
single-family homes is $10 million. In 2023, there were 37 single-family home sales exceeding $10 million; this number increased to 46 in 2024. Additionally, year to date on the Island, there have been 41 sales—all over $10 million—with 4 of those oceanfront properties each selling for more than $50 million. The market is witnessing the introduction of properties with staggering price tags. There are currently four listings over $100m on the market in South Florida, two in Manalapan , one on the island of Palm Beach and one in Miami - underscoring the appetite for exclusive high- value residences.
HRES: Can you tell us about some of your biggest sales this past year?
MARGIT BRANDT – PREMIER ESTATE PROPERTIES
Our recent sale of 1140 S Ocean Blvd in Manalapan marks our biggest transaction year-to-date. This ocean-to-lake land purchase for $55.5M represents a bold statement of confidence in the Manalapan market, which - while still one of the most expensive markets in the world - is offering legitimate value as an alternative for some buyers to neighboring Palm Beach Island. A close runner-up would be 1090 S Ocean, where we also represented both buyer and seller in a pre-construction land sale for $19.5M in the Estate Section of Palm Beach. In terms of area, we were dominant in the Estate Section this year, we were pleased to have over a 65% sales volume market share YTD 2025 in the southernmost section
631 Island Drive, Palm Beach
Represented by Margit Brandt of Premier Estate Properties
of this neighborhood. More often than not, we were on the buy or sell of almost everything that has happened in this area so far this year and are very grateful for that opportunity.
HRES: Are you seeing more off-market or pocket listings in the high-end space, and what properties seem to be in higher demand?
SUZANNE FRISBIE - CORCORAN
Hard to say, given it is difficult to quantify as they are “off market,” though my sense is there are more offerings since Covid ended. Well executed, high quality, turn-key residential products across all types (single family, townhouse, condo/coop) with state of the art systems AND storm protection are in high demand. Insurance costs are up; thus top hurricane ratings are of interest and of great value. Properties on the water or proximate to the water are also always a bonusselling-point in Palm Beach / West Palm Beach.
HRES: How has inventory changed year-over-year in the $10M+ price range, and what does that mean for sellers and buyers?
ELIZABETH DEWOODY: There’s been a substantial increase in active listings across Miami-Dade, Broward, and Palm Beach counties, which provides more options for buyers and suggests a trend towards a more balanced market. Overall,
South Florida’s $10 million+ home market is marked by sustained demand, notable highvalue listings, increased market inventory, and continued interest from wealthy buyers relocating to the area.
HRES: Are certain features or amenities (waterfront access, smart home tech, wellness spaces) significantly increasing a property’s value or time on market?
MARGIT BRANDT: commanding strong interest as always (views, recreation and all the toys it comes with including large boats). We have also seen interior properties with larger land with more room to stretch out be a hot ticket. Health and wellness are always a priority with our clients, so we are seeing in our larger estates complete wellness areas - including a gym, massage room, cold plunges, Turkish baths, infrared saunas, beauty salons the list goes on. At these price pointsbuyers expect nothing less! Lastly, security is paramount, so we have seen increased demand for security (not that we need more in Palm Beach!) but we have very high level clients here who sometimes have increased security demands that we are able to accommodate.
In conclusion, South Florida’s luxury market isn’t slowing down anytime soon. With waterfront estates selling for record prices and exclusive listings quietly trading off-market, the demand for top-tier homes remains strong. Buyers are looking for quality, privacy, and location—while sellers are getting more strategic with how and when they list.
Whether you’re in the market or just keeping an eye on it, one thing’s clear: South Florida continues to set the tone for high-end living.
13 Via Vizcaya, Palm Beach Represented by Elizabeth DeWoody of Compass
South Flagler House, West Palm Beach Represented by Suzanne Frisbie of Corcoran
MODERN EUROPEAN ELEGANCE FINDS ITS HOME IN WEST PALM BEACH
Located in the heart of Downtown West Palm Beach, this timelessly chic residential tower will offer the ultimate South Florida lifestyle. Beaches and boating, Italian-style dining and social spaces are just steps from home.
Residential interiors and amenity spaces reflect the global culture and oceanside energy that gives West Palm Beach its unique character and soul. Rich, natural materials, open, light-filled layouts, ocean-inspired elements and masterful craftsmanship touch every detail of design.
Residences starting from $1.6M
MrCResidencesWPB.com info@mrcresidenceswpb.com 561.516.3165
Mr. C Sales Gallery 401 S. Olive Street West Palm Beach, FL 33401
Delicious Debuts
West Palm Beach Everyone’s Talking About.
BY MARIETTE WILLIAMS
The only thing that’s sure about West Palm Beach is that things are constantly changing. There’s a slate of new hotels and luxury residences being added to the burgeoning city, and West Palm Beach’s food scene is bursting with innovative restaurants. From a marina front restaurant to a sleek sushi bar, here are five new restaurants defining the city’s next wave of dining.
ESTIATORIO MILOS
Estiatorio Milos offers a cosmopolitan dining experience in downtown West Palm Beach. First impressions are everything, and upon entering, a gorgeous winding staircase leading to the restaurant’s second-floor terrace draws your attention. The restaurant’s stunning architectural details create a luxe and inviting dining room, and the soft lighting, light wood floors, and neutral furniture pull the design together. The food is elevated too: seafood arrives fresh daily, and diners can order seafood by the pound in the restaurant’s market, which they can peruse before ordering. Some notable dishes on the West Palm Beach menu are the Bay of Fundy Lobster Pasta and the farm raised lamb rack.
MARY LOU’S
Mary Lou’s, West Palm Beach’s newest cocktail lounge and speakeasy, is a delightful fusion of decadence and Palm Beach vintage charm. Housed in
a-kind artwork, velvet drapes, and animal print furniture, pays homage to the glamour of Palm Beach in the 70s and 80s. The cocktail menu is equally creative, with the ML Margarita, infused with pineapple and spring onion, offering a surprising balance of tropical sweetness and fresh, savory kick. The food, like the decor, is eclectic, with light bites like crispy octopus, maple pork belly skewers, and grilled lamb chops.
MOODY TONGUE SUSHI
The Hilton West Palm Beach is a downtown fixture, and the newly renovated hotel recently introduced a unique 13-course omakase sushi experience, Moody Tongue Sushi, which was recently awarded a Michelin Selection.
Estiatorio Milos
Photo: Bronwyn Knight
Mary Lou’s
...CONTINUED
The menu features hyper-seasonal ingredients, and during dinner, Chef Hiromi Iwakiri expertly pairs dishes with a curated beer selection from the Michelin-starred Moody Tongue Brewery. Though the menu changes often, some highlights include sea scallops, ostera caviar, and Florida Stone Crab hand roll. The restaurant features a rich, dark interior and a softly lit dining room, creating an intimate atmosphere that’s an ideal backdrop for a milestone celebration.
Latin, and Asian dishes, with standouts like the crispy Maine lobster tacos and grilled Spanish octopus. The waterfront enclave also boasts a long list of sushi options, and the LaMarina roll with King crab, torched salmon, and truffle miso glaze is a popular choice. Surrounded by mega yachts, the relaxed yet refined atmosphere of the restaurant makes it an ideal spot for a special night out.
COVE CAFE
The recently opened Cove Cafe, an Italian-inspired casual cafe from North End Hospitality, is a welcome addition to West Palm Beach’s dining scene. Tucked into the first floor of the luxury Icon Marina Village apartments, the casual restaurant is perfect for a midday treat. The food is incredibly fresh, with nearly everything, from the pizza sauce to the handcrafted sausage and fluffy pizza dough, made in-house daily. There’s also a delectable selection of salads and sandwiches, including the crowd-pleasing prime steak sandwich. With its inviting environment and elevated flavors, Cove Cafe is poised to be a favorite neighborhood cafe in West Palm.
Moody Tongue Sushi
Photo: Michael Marquand
La Marina
Photo: Elevated Media
Cove Cafe
Photo: Elevated Media
Your health has a new address
THE WELL Bay Harbor Islands is more than a high-end home. It’s 400,000 square feet of spaces and services surrounded by tranquil beauty to help you live a healthier, balanced everyday —It’s fresh-pressed juice at your doorstep, a weekly massage in your living room, yoga on the terrace, workouts in your private gym, a breakthrough session with your nutritionist, restored sleep, new meditation practices, fitness in body, mind and spirit—your home for personal wellness.
Residences from $1.4 Million. Approaching Completion. Move-In This Year.
FIVE PARK: A FIRST LOOK AT THE HOSPITALITYINSPIRED AMENITIES CHANGING THE GAME IN MIAMI BEACH.
More than just a bold architectural statement, Five Park marks a shift in how residential living is experienced in Miami Beach. Developed by David Martin’s Terra and Russell Galbut’s GFO Investments, the tower is an architectural landmark brought to life by some of the design world’s most revered names: Gabellini Sheppard, Arquitectonica, Anda Andrei and artist Daniel Buren.
“At Five Park, we set out to create something that was not just visually stunning but truly meaningful for residents and the city,” said David Martin, CEO of Terra. “The talent behind this project has elevated it beyond a residential tower—this is a new gateway for Miami Beach that embodies the city’s global identity.”
Beyond its elliptical structure, panoramic views and three-acre community park located just downstairs, Five Park is move-in ready and making waves for its hotel-like amenity spaces, thoughtfully crafted to bring beauty, comfort and connection
into everyday life. With nods to the ambiance of iconic hotel lounges and private members’ clubs, the tower’s interiors, led by Gabellini Sheppard and Anda Andrei, create warmth and sophistication, layered with eclectic charm and timeless touches.
The result is over 50,000 square feet of amenities that feel less like a typical condo tower and more like a refined, members-only retreat. At the center of it all is the Park Club, an intimate haven on the sixth-floor pool deck. Anchored by the Café Flora with menus by James Beard Award-winning chef Michelle Bernstein, the deck features lush gardens, shaded walkways, cozy hammocks, resort-style pools, all overlooking panoramic views of the Bay and downtown Miami.
“The vision for Five Park was to create an oasis for residents, blending timeless elegance with a focus on wellness to elevate the daily activities of life,” says Kimberly Sheppard of Gabellini Sheppard. “The interiors feature sweeping spaces,
natural light, and luxurious materials, creating an environment that fosters tranquility and celebrates the iridescent views and sun-kissed surfaces of Miami Beach.”
Design Director Anda Andrei, whose past projects include the Delano and Gramercy Park Hotel, brought her signature sense of soul to the building’s common spaces and lifestyle design.
“At Five Park Miami Beach, every detail was meticulously designed to create a vibrant, intimate lifestyle,” Andrei says. “The interiors blend exquisite finishes with eclectic furniture—some custommade, others one-of-a-kind—alongside globally sourced fabrics, chandeliers, and vintage pieces that reflect Miami’s unique spirit. Thoughtfully curated accessories, books, and art infuse each space with warmth, character, and timeless charm, setting it apart from the impersonal, corporatestyle amenities of modern buildings.”
Other standout spaces include a full-service gym with ballet barre and bay views, a screening room with bold Roche Bobois Mah Jong sofas, an elegant, multi-functional co-working space with a residential, club feel, spas, yoga studios and treatment rooms, plus a teen lounge with games and vintage consoles.
It’s all part of a broader movement at Five Park to make home feel like a lifestyle, one that’s curated, serviced and a little bit glamorous. In a city filled with shiny towers, Five Park is offering something more: soul, community and amenity spaces you actually want to spend time in.
ing completely redef ine d
o f ou r- bed r oom r eside nc es Start ing a t $ 1 .25 M i ll ion
MOVE IN TODAY. LIMITED INVENTORY REMAINING. ra ft ed b y t h e world’s most v isio na r y des ign mind ts t he in tersec ti on of fun ct ion beauty, a n d su
FEATURED COVER PROPERTY
$21,500,000
PRESENTED BY
Dana Koch and Paulette Koch of Corcoran dana.Koch@corcoran.com / paulette.koch@corcoran.com 561-379-7718
Featured on our July 4th South Florida cover and exclusively presented by The Koch Team of Corcoran, this sprawling one-story residence in the coveted Phipps Estates is the epitome of luxury, privacy, and timeless style. Set on an expansive lot, the five-bedroom home blends grand scale with intimate comfort, offering soaring ceilings, sun-drenched interiors, and an ideal indoor-outdoor flow.
From the moment you step through the stately central foyer, the home reveals a thoughtful layout designed for both gracious entertaining and quiet retreat. The expansive eat-in kitchen—anchored by an oversized island and complete with a separate butler’s pantry—opens to a warm, inviting family room, making it a natural gathering place.
Beyond the living spaces, a covered loggia with a summer kitchen and built-in barbecue invites year-round outdoor living. The lushly landscaped backyard, centered around a resort-style pool, offers unmatched tranquility and privacy.
At the opposite end, the primary suite is a true sanctuary with dual partner baths, separate dressing rooms, and a cozy sitting area or office. Additional guest suites are equally well-appointed. A full-house generator, impact windows, and top-tier craftsmanship complete this rare offering—a true Palm Beach escape designed for elegant everyday living.
Miami Meets Here
At Miami Tropic, a new standard of living takes root, where Jean-Georges expands his culinary mastery into the realm of residential lifestyle.
Overlooking the vibrant Design District, Miami Tropic debuts the city’s first abc kitchens by Jean-Georges, with curated programming throughout. The renowned Yabu Pushelberg designed striking, lush interiors for homes unlike any other in Miami.
1540 S. Ocean Boulevard, Palm Beach
Introducing a newly constructed oceanfront compound on prestigious Billionaires Row, offering panoramic views of the Atlantic Ocean and a refined coastal living experience. This remarkable estate includes a main residence, guest house, and a private tunnel providing direct access to an oceanfront beach cabana. Bermuda-style architecture blends effortlessly with sleek transitional interiors, custom finishes, and curated furnishings throughout the property. Encompassing approximately 16,500± total square feet on .98± acres, the estate has 8 bedrooms, 12 full bathrooms, and 3 half baths. Located in one of Palm Beach’s most coveted areas, this exceptional estate is just minutes from the world-class shopping and dining of Worth Avenue, vibrant Downtown West Palm Beach, top-rated schools, and Palm Beach International Airport. EXCLUSIVE
A Boutique Collection of Twenty Six Oceanfront Homes
Developed by Fontainebleau Development in partnership with Starwood Capital Group, 1 Homes Jupiter Island offers luxury living on the Atlantic Ocean with private beach amenities. Each three- and four-bedroom residence seamlessly blends natural beauty with a timeless design and has ocean to intracoastal views.
Located just 30 minutes from West Palm Beach, FL, Jupiter Island is a premier destination for boating and golf.
Residences starting from $11 million
SCHEDULE YOUR PRIVATE VIEWING 1homesjupiterisland.com (561) 919-9703
PALM BEACH
just the fix for a quick getaway.
BY KELSEY OGLETREE
An alluring getaway for design lovers and wellness enthusiasts, Acqualina is a towering 98-room boutique resort with unobstructed views of the Atlantic, the only one of its kind along Sunny Isles Beach in Florida. Marrying European architectural details, design accents and authentic cuisine inspired by Japan, Italy and Greece, the luxury property feels like an overseas escape within a few hours’ flight.
Acqualina welcomes guests with an immediate sense of home. The bright gallery lobby, newly redesigned by STA Architectural Group, exudes
Bespoke art pieces also enhance the ambience. The latest: An abstract interpretation of a serene beach scene by artist and designer Alex Turco.
Its thoughtful accommodations — with expansive bathrooms, marble details, well-appointed sitting rooms and gourmet kitchens (in some suites), plus luxurious amenities from Seed To Skin Tuscany (the only U.S. hotel to carry the organic brand) — are spacious, and generous layouts that prioritize privacy. Standard rooms start at nearly 750 square feet, and many floors have only four keys.
Staying true to a Mediterranean lifestyle is simple thanks to Acqualina’s new Acquafit Program, which includes a renovated gym facility opened in January with the latest high-tech equipment, as well as yoga mats in every room, sound therapy available through in-room iPads, and complimentary group sculpting classes held on weekends.
Acqualina Spa, known for details like Himalayan salt walls and Finnish saunas, has added new coed relaxation lounges. Couples can now unwind together with guided meditations, affirmation cards, or coloring mandalas. The resort also offers painting classes.
In addition to the tranquil spa pool, the resort features three more spots to take a dip: an adults-
hard to resist snapping photos among the redand-white striped umbrellas while enjoying an afternoon in a private cabana.
A bountiful breakfast spread in the main dining room, Ke-uH, is included with every stay. Start your morning with a made-to-order omelet or a build-your-own bowl of steel-cut oatmeal or simply enjoy a fresh juice on the terrace. By night, the newly reimagined space transforms into a sophisticated Japanese fusion restaurant. Don’t miss the tuna tacos, sushi rolls and Wagyu steaks.
Just off Acqualina’s lobby is the Miami outpost of New York’s Il Mulino Italian restaurant. A threecourse lunch overlooking the ocean is a delectable daytime treat, and indulging in a full dinner is a true feast for the senses. (Insider tip: Don’t overorder, to save room for all the extra surprises your server has in store!)
Among Acqualina’s most exclusive perks is skybridge access to Avra Miami, the Florida location of New York’s famed Avra, where guests can score reservations through the concierge and dine upon fresh Greek cuisine. The restaurant opened in 2022 inside Estates at Acqualina, the ultraluxury residential property next door featuring a Karl Lagerfield-designed lobby.
Forté Penthouse, West Palm Beach
Spectacular Waterfront One-of-a-Kind Penthouse Condominium designed by Jean-Louis Deniot - Two full floors of customizable perfection, soaring ceilings, and walls of glass revealing sweeping views of the Intracoastal, Atlantic Ocean, Palm Beach Island, and West Palm Beach from every principal room. Top floor features private rooftop swimming pool, 360-degree wraparound balcony, fabulous outdoor kitchen, and cabana bath with dressing area, steam shower, and sauna. With 18,000+/- square feet of indoor and outdoor living space, this extravagant, designer-ready Penthouse is primed for interior customization. The iconic new Forté on Flagler building will feature three full floors of opulent amenities. Fantastic downtown location just blocks from CityPlace, Palm Beach Island, and so many shops and restaurants. EXCLUSIVE
INGS BY ELIZABETH DEWOODY
THE POWER OF THE PALM
Recent High-Profile Sales in South Florida
South Florida continues to lead the luxury real estate scene, with bold sales reflecting deep-rooted confidence in its lifestyle and value. From Palm Beach estates to Miami penthouses, high-end buyers are claiming their slice of paradise—lured by tax perks,
John & Lisa Cregan of Sotheby’s
Jennifer Kilpatrick of Corcoran
Christian & Ann-Britt Angle of Christian Angle Real Estate 310 South Beach Road, Jupiter Island | Last Asking Price: $48,500,000
Elizabeth DeWoody of Compass 240 North Ocean Blvd. Palm Beach | Last asking price: $34,500,000
Set between the Atlantic Ocean and Intracoastal Waterway, 1160 S. Ocean Blvd is a rare retreat where architecture and nature exist in harmony. Spanning nearly 2 acres with 160 feet of direct ocean frontage and private Intracoastal access, this 27,745± square-foot estate is a masterpiece of balance and craftsmanship. The main house flows seamlessly from the grand entry hall to oceanfront living spaces, a formal dining room with a bar, and an open-concept kitchen with a private catering space. The primary suite, occupying its own wing, features a sitting room, oceanview office, dual dressing rooms, and a spa-like Calacatta marble bath. Three
“Every surface, every detail has been curated for those who expect the best.”
guest suites offer en-suite baths and walk-in closets. The lower level is a haven for leisure, featuring a gym, steam shower, wine room, game room, theater, and two additional bedrooms for staff or family. The estate includes a climate-controlled 13car garage, a separate guest house with its own pool, and meticulously curated finishes offers two-bedrooms with a full kitchen, dining area, private laundry, and its own cabana. Outdoor spaces also include a covered courtyard, eastfacing loggia, and a private dock with two boat lifts. This is more than a home, it is a journey, a sanctuary where every detail whispers serenity.
Choose perfection. Choose 1160 South Ocean Blvd, Manalapan.
561.706.1922 phil.friis@corcoran.com
Candace Friis
561.573.9966 candace.friis@corcoran.com
Suzanne Frisbie Broker-Associate
Exclusive sales by Suzanne Frisbie of The Corcoran Group with Corcoran Sunshine Marketing Group
Double the Exposure. Maximum Impact.
