$24,800,000 – 1080 SOUTH OCEAN BLVD. WE REPRESENTED THE BUYERS
Dear Clients, Friends, Potential Buyers, and Sellers,
Specializing in Palm Beach Luxury Properties for Over 30 Years…We have been uniting extraordinary people with exceptional properties since 1989. Thanks to you, we enjoyed another successful Season…With 5 star Google reviews from our Buyers and Sellers, we couldn’t be more proud…Thank you!
We are pleased to present our 1st Quarter Market Report for your review. It’s been another fabulous quarter for our firm…We represented the Buyers of 1080 South Ocean Blvd, Palm Beach in their purchase of this stunning new residence with Ocean Views in the Estate Section (Area 3), which was listed at $24.8 million and closed at $21.8 million. The below quote is the testimonial we received from the Buyer of this oceanfront estate…”As an attorney looking to relocate to Palm Beach my lucky day was when I found Linda Olsson. She is the consummate intelligent pro who brought insights and strategy to every element of her plan to help us get the best value on the home we selected, the home of our dreams. Right off, her knowledge of the market fundamentals and its microtrends proved indispensable in weeding out properties during our selection process. And when I saw Linda step into the negotiating ring it became obvious that we were going to prevail on price. If I could give just one piece of advice it would be to call Linda now just to meet her and discover certain opportunities that you most likely wouldn’t know about. “Thank you!
We also put 130 Cocoanut Row, Palm Beach under contract…A renovated Monterey-Style residence designed by John Volk in 1928 located in Town (Area 2), which is closing in June. Asking $17.9 million. Representing both Buyers and Sellers, we represent your best interests with professionalism and superior customer service.
1st Qtr. 2024 Market Report update:
Area 1: (Inlet Drive to Wells Road) 11 homes SOLD
Average price: $11,232,981 – Average per sq.ft. $2,398
Highest priced per sq.ft. 449 Australian Ave. – $3,764
Lowest priced per sq.ft. 255 S. County Road – $1,357
Area 2: (Wells Road to Worth Ave.) 2 homes SOLD
Average price: $11,550,000 – Average per sq.ft. $3,346
Highest priced per sq.ft. 215 Seaspray Ave. – $3,932
Lowest priced per sq.ft. 424 Brazilian Ave. – $2,761
Area 3: (Worth Avenue to Sloans Curve) 2 homes SOLD
Average price: $25,525,000 – Average per sq.ft. $2,218
Highest priced per sq.ft. 120 Via Lago – $2,222
Lowest priced per sq.ft. 1080 S. Ocean Blvd. – $2,214
Area 2: CONDOS (Worth Avenue to Wells Road) 16 condos SOLD
Average price: $3,560,437 – Average per sq.ft. $2,009
Highest priced per sq.ft. 101 Worth Ave. 3A – $2,889Lowest priced per sq.ft. 44 Cocoanut Row 122B – $1,113
Linda Olsson, Broker/Owner has been nationally recognized among the top 1,000 real estate professionals by the Wall Street Journal/Real Trends as “One of the Best Real Estate Agents in the Country” ranked among the top 10 agents in Palm Beach. Thanks to superior customer service, in-depth knowledge of the market, expert negotiation skills and a reputation you can trust, we are a leader among Palm Beach Real Estate Firms. Our Website, LindaOlsson.com , is unrivaled and recognized as one of the best Real Estate Websites in the country and is the “Go To” site for Agents, Buyers and Sellers…Content includes featured properties, market reports, customer testimonials, and our bi-monthly blog.
Contact Us for Experience you can Trust…We Get Results. Let our Expertise work for you!