Oceanfront Homes sold in South Florida in 2010
Within the first 8 months of 2010, sales of 16 direct Oceanfront Single Family Homes have been recorded in Palm Beach, Broward, and Miami-Dade County. Their purchase price range was $1,180,000 – $12,650,000.
Oceanfront Homes on the Beach are rare and are the smallest portion of available Waterfront Homes. The vast majority of properties on the Beach are Condos instead of Single Family Homes. Currently, less than 100 Oceanfront Single Family Homes are listed for sale in Broward, Miami-Dade, and Palm Beach Counties, with an average entry level price of $3,000,000. As is typical with Waterfront Properties, the majority of those at entry level pricing are sold for primarily Land value alone and existing Houses on the property are considered to be “Teardowns” or in need of significant renovation.
Pictured above is a Delray Beach, FL Oceanfront Home located at 969 S. Ocean Blvd., purchased for $12,650,000 on April 5, 2010. It has 14,679 Square Feet, 6 Bedrooms, 7 baths, a 4-Car Garage, and is located on 2-acres of direct Oceanfront property on the Sand.
Details about the 16 Homes purchased
1 Home purchased for $5,650,000 in the Oceanfront Community of Lauderdale Beach
4 Homes on Hillsboro Mile purchased for:
A Home on Surf Rd. was purchased for $1,180,000
A Palm Beach Island Home in Sea Isle Estates was purchased for $8,538,400
3 Homes on Ocean Blvd. purchased for:
A Home in the 700 Ocean Drive Community was purchased for $4,450,000
A Home in Jupiter Inlet Beach Colony was purchased for $5,175,000
2 Homes on Ocean Blvd. were purchased for:
2 Homes on Ocean Blvd. purchased for:
Related information of interest: