Energy-Efficient, Intelligent, Modern New Construction Homes For Sale in West Palm Beach, Boca Raton and Fort Lauderdale
West Palm Beach luxury homes are the nation’s hottest commodities in terms of appreciation. The average luxury home sale in West Palm Beach during Q2 2018 jumped 85 percent over last year to $2.24 million.
Topping $18 billion, Palm Beach’s estimated “taxable” property values have soared by nearly 8 percent over last year’s final figures, according to the Palm Beach County Property Appraiser.
Total market values of the island’s real estate jumped to about $23.5 billion from $21.8 billion last year, according to the appraiser’s office.
“Appreciation continues to go up and up in Palm Beach, specifically the land,” Dorothy Jacks, Palm Beach County Property Appraiser, said.
Only topping this number are Boca Raton’s preliminary taxable values — which come in at estimated $23.89 billion — exceeding Palm Beach’s taxable values. Both are beach towns, but Boca is much larger, with nearly 30 square miles, according to the U.S. Census Bureau. Contrast that to Palm Beach’s 10.4 square miles, which unlike Boca’s are confined to the barrier island.
The median sale price for a luxury single-family home in Fort Lauderdale soared 35 percent in the second quarter to a record $2.3 million and inventory dropped 16 percent, according to a published report.
Southeast Florida is the new hot spot for rising demand from tax refugees who are fed up with higher taxes in Northeast states and the reduced ability to deduct them on their federal returns in the wake of newly passed federal tax reform legislation.
Fort Lauderdale, Delray Beach, Boca Raton, Palm Beach and West Palm Beach are going to experience a rebirth and this is where Brosda & Bentley, in conjunction with Southeast Construction, I N T E L A E architecture + energy of Intelligence and Brosda & Bentley Realtors are developing and marketing the 2018-2021 Intelligent Custom Homes Spec Series.
Brosda & Bentley Spec Home Video:
Many analysts have discussed the tax migration game in recent years. But now, it’s getting serious after Congress passed a tax law that sharply curtailed a taxpayer’s ability to deduct city and state taxes from their federal returns. If Congress and state governments fail to adjust recently imposed federal and local tax laws, high-income individuals with the wherewithal to move to the Sun Belt will start migrating south to Florida and elsewhere in increasing numbers.
Some of the 2018-2021 Intelligent Custom Homes Spec Series can be personalized with final finishes prior to delivery.
If you are looking to acquire a custom/ spec home in West Palm Beach, Boca Raton Fort Lauderdale or anywhere in-between in Southeast Florida, give Brosda & Bentley a call at +1 (305) 788-9393. We have currently 30 homes under construction that can be viewed at its various development stages.
Ronald J. Rickert of I N T E L A E architecture + energy of Intelligence
The General Contractor/ Construction Company:
2018-2021 Intelligent Custom Homes Spec Series Video (under development)
“My wife and I had a vision of an underground recreation area with a guest house above. Only one issue…we live on the ocean in Manalapan, Florida!!! Many told is it was impossible, but together, Southeast Construction, their architect, engineers, hardworking sub-contractors, and a lot of creative parallel scheduling, their team, with Peter Giaquinto, Jr. at the helm, made the impossible possible. Today we have an amazing ‘one of a kind” subterranean entertainment area with a beautiful guest house above. Thanks, Southeast, for making our vision a reality.” – Tony Robbins American Author, Life Coach