The Real Deal Miami

Posts Tagged ‘delray beach’

  • Atlantic Crossing developer sued by neighbors

    Complaint claims roads missing from $200M project plan
    March 12, 2014 09:45AM
    2012 rendering of Atlantic Crossing project along Atlantic Avenue in Delray Beach

    2012 rendering of Atlantic Crossing project along Atlantic Avenue in Delray Beach

    A neighboring homeowners association is suing the developer of the $200 million Atlantic Crossing project in Delray Beach. [more]

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  • bridges

    A home at the Bridges

    GL Homes, a dominant house-building force throughout Palm Beach County, plans to develop a 742-house project near Delray Beach called Seven Bridges.

    Prices are expected to be in the range of GL Homes’ the Bridges development, between $600,000 and $1.6 million. Amenities include a gym, indoor sports court, café, massage rooms and a 27,000-square-foot clubhouse. Sales are set to begin in March.  [more]

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  • delray

    2012 rendering of Atlantic Crossing project along Atlantic Avenue in Delray Beach

    A $200 million, nine-acre mixed-use development along Atlantic Avenue west of the Intracoastal Waterway in Delray Beach has been green-lighted. [more]

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  • qureshi

    Mahammad Qureshi

    Georgia-based SunTrust Bank filed a foreclosure lawsuit earlier this month in an effort to seize nearly 16 acres of farmland in Delray Beach in Palm Beach County.

    Investment Group Two owns both agricultural sites, located at 15621 South State Road 7 and along El Paraiso Place. The group acquired them in a $10 quit claim deed from managing member Mahammad Qureshi of Tierra Del Rey 441. Six years ago, a mortgage on the properties was approved for a total of $2.7 million. [more]

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  • delray-arts-garage

    180 Northeast 1st Street and Alyona Ushe

    The Delray City Commission approved the $2.5 million sale of the 10,000-square-foot Old School Square Garage to a nonprofit that operates the garage.

    The agreement took months to be put into writing. Residents and some commissioners were concerned about the terms of the contract, particularly that the buyer, the Creative City Collaborative, had to contribute a down payment of no more than $1,000. [more]

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  • Today’s priciest listing: $2M

    Delray Beach house features built-in wine refrigerator and a fireplace
    December 12, 2013 05:15PM

    Today’s priciest new listing is a five-bedroom, five-bathroom single-family home asking $2 million. [more]

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  • Delray Beach marina changes hands again

    IberiaBank finds buyer for Morgan Yacht Club
    December 06, 2013 12:45PM
    Morgan Yacht Club in Delray Beach

    Morgan Yacht Club in Delray Beach

    IberiaBank has found a buyer for the Morgan Yacht Club in Delray Beach.

    The Lafayette, La.-based bank sold the property to Seagate Marina and Seagate Yacht Club for $7.3 million, according to the Associated Press, which cited a report from New Orleans CityBusiness. IberiaBank took title to the 3.25-acre marina and 9,845-square-foot clubhouse in September after filing a foreclosure lawsuit against previous owners Morgan Yacht Club of Del Ray in July over a $17.5 million loan. Morgan also acquired the yacht club out of foreclosure in 2010. [more]

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  • mazda

    Mazda in Coconut Creek

    Cars will again trade hands at the corner of Northlake Boulevard and Alternate A1A in North Palm Beach. Grieco Motors LLC is transforming the long-vacant, four-acre property – and former site of Ed Morse Chevrolet – into a Mazda dealership.

    Grieco, which also owns Kia and Mazda dealerships in Delray Beach, paid $5 million for the site last year, as previously reported. The $1.8 million project will involve the renovation of the one-story, 45,000-square-foot building; installation of new landscaping; and the hiring of 35 employees. [more]

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  • Today’s priciest listing: $20M

    Delray Beach house with a pool will be ready by late 2014
    November 26, 2013 05:15PM
    901-south-ocean

    901 South Ocean Boulevard in Delray Beach

    Today’s priciest new listing is a six-bedroom, seven-bathroom single-family home with a pool asking $19.95 million. [more]

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  • Today’s priciest listing: $6.64M

    Delray Beach single-family home has cobblestone roof
    September 13, 2013 05:00PM
    1847 Dusty Miller Drive in Delray Beach

    1847 Dusty Miller Drive in Delray Beach

    Today’s priciest listing is a two-story single-family house in Delray Beach asking $6.64 million. [more]

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