Welcome to The Dirt! I’m Kimberly Miller, your guide to the hottest developments in the Florida real estate market. Today, we have an exciting story to share. It seems that even in the land of sun and sand, people aren't always as friendly as they appear. But for one notable newcomer, things are different.
A Warm Welcome for Sean Hannity
Recently, conservative FOX News host Sean Hannity made headlines by announcing his move to Florida. Hannity, who owns a townhome in Palm Beach, revealed that people in Florida are actually nice to him. This new sensation for Hannity highlights the friendly nature of the state, much to his delight. Welcome to the Sunshine State, Mr. Hannity! Just remember to use your blinker!
New Housing Development Along Lake Worth Lagoon
Readers will be pleased to know that a new housing development is on its way to the shores of Lake Worth Lagoon in West Palm Beach. This development is particularly significant as it aims to provide clean and beautiful living spaces for discerning residents. With the rise in luxury condominiums, the community hopes to keep the toxic blue-green algae at bay. Let's hope these clean-up efforts make a lasting impact on the waterway.
Taylor Swift vs. West Palm Beach Waterfront
While Taylor Swift may be the reigning queen of popularity, West Palm Beach waterfront properties are making a name for themselves as well. Real estate developers are fervently building along the Intracoastal Waterway in what some call the "Wall Street South." The latest project, led by Savanna Fund of New York, plans to construct two magnificent 16-story towers on North Flagler Drive. With their ambitious plans, Savanna Fund aims to revitalize West Palm Beach and showcase the area's potential.
Controversy and Termites in SoSo Community
A new eight-story apartment complex is causing a stir in West Palm Beach's acclaimed SoSo community. This development has the potential to be a game-changer for the south end of the city, offering retail spaces, workforce housing, and a public walkway along the C-51 canal. Rumor has it that a boutique grocery store might even be in the works, but let's keep that a secret for now. While the project has overwhelming support, there are concerns about the building's height and increased traffic. The usual worries in any community undergoing change.
Gulfstream Hotel's Termite Troubles
In Lake Worth Beach, the historic Gulfstream Hotel is getting a much-needed restoration. The excitement surrounding this project is such that even the arrival of a trash dumpster was cause for celebration. Termite infestations have plagued the building for decades, but now the restoration firm has tented the premises, signaling a fresh start. The owners eagerly await an $11 million grant from the state of Florida to commence the full renovation. With the check expected any day now, the hotel's future is looking brighter than ever.
Palm Beach Luxury Real Estate Highlights
Finally, let's take a look at Palm Beach and its jaw-dropping luxury real estate market. Last year, homes in this coastal paradise sold for astonishing prices. The record-breaker was a private deal for an oceanfront mansion on N. County Road, fetching a staggering $170 million. Not to be outdone, Estée Lauder cosmetics billionaire William P. Lauder purchased the late Rush Limbaugh's estate for $155 million, only to tear it down. Fashion designer Tom Ford also joined the exclusive club with the purchase of a historically landmarked house for $100 million. Even Tommy Hilfiger sold a home for a "measly" $41.3 million. Oh, the luxury living of Palm Beach!
Live Lightly, Kimberly Miller
Kimberly Miller is a seasoned journalist covering real estate and environmental issues for The Palm Beach Post. Subscribe to The Dirt for a weekly roundup of real estate news. If you have any tips, don't hesitate to reach out to kmiller@pbpost.com. Help us support local journalism by subscribing today.