NeighborhoodScout.com has used their matching function to find neighborhoods that are
"discount equivalents" of some of the hot and pricey communities we recently covered in our
Most Expensive Zip Codes estates. Today we are looking at a discount equivalent for pricey Palm Beach, Florida. The pick is Delray Beach, which is also in Palm Beach country. Palm Beach has a median price of $3.02 million but Delray Beach has a median price of just $1.3 million. Delray Beach doesn't have the tradition that Palm Beach does but it is a growing community with many restaurants and entertainment options. It is also a community where the prices are a little bit lower than Palm Beach, although the trend is definitely upward in this area.
Case in point, today's estate one of the new huge estates which are going up in the area. This one spans two deepwater lots on a prized corner. The home is similar to other extravagant homes in this area with an impressive foyer that includes a marble fountain, spiral staircase with iron railings and a huge chandelier. The 21,000-square-foot home has a very large master suite and five other bedroom suites. Other rooms include a media room and staff quarters. The exterior includes a summer kitchen, fireplace, pool and cabana.
It's very expensive at $19.7 million but cheaper than the home we looked at in Palm Beach which
was listed at $25.75 million and wasn't quite so over the top. Although that home is primely located right on the ocean. We also covered a home in Delray Beach previously that is quite a bit different, a slice of modern
priced at just under $5 million.
I've seen plenty of luxury rehabilitation centers in the news when a celebrity checks in but most don't put out a press release touting their fancy digs. Treatment Alternatives of Florida recently announced Estates Delray, their luxury housing facility in an eight thousand square foot mansion in Delray Beach. The release calls it the "first step to sobriety with style" and highlights the fitness center, satellite television, internet access and the pool as selling features. Drug and alcohol rehab has become quite the industry for Delray Beach. In 2007, the NY Times called it "the epicenter of the country's largest and most vibrant recovery community." Perhaps rehab centers in some of those new luxury homes lingering on the market could cure some of Florida's real estate woes.
Killed Soldier In London Attack Identified
Live from Microsoft's New Generation Xbox event!
Brave Woman Stood Down Armed London Attackers
Xbox Reveal liveblog on Joystiq
The List #0147: Escape a Car Underwater
Surgeon's Remove Giant Hairball From Tiger
Xbox One architecture panel liveblog!
H&M's Plus-Size Model Jennie Runk Says She Chose To Gain Weight
LOOK: Bank Vault Saves 22 Lives During Tornado
Okla. Sheriff's Deputy Finds Dog Guarding Body Buried Under Destroyed Home
Demi Looks FANTASTIC In A Bikini
Okla. School Survivor: Teacher 'Saved Our Lives'
Reptiles Make Home in UK Man's Cable Box
Helen Flanagan Launches PETA Campaign As Only She Knows How
Dozens Killed in Oklahoma Tornado; Death Toll to Rise
PHOTO: Dog Guards Dead Victim's Body After Oklahoma Tornado Disaster
Jodi Arias Jury DEADLOCKED
New Trayvon Martin Evidence Features Incriminating Photos, Texts From Teen
LOOK: Photoshop Mistake Is Seriously Cringeworthy
Teenager's 'Awww'-Inspiring Drawing Wins Big At Google
What It's Like To Talk To A 2-Year-Old
Singer Sues McDonald's, Claims Chicken Sandwich Incident Ruined Her Voice
Mum-Of-Two Faces Down Woolwich Attack Suspects
'DWTS' Shakeup Ahead?
Pope Francis Says All Who Do Good Are Redeemed - Atheists Included
Woolwich Attack Victim Named As Lee Rigby
REVEALED: Disturbing Trend In Human Intelligence
Has Katie Holmes Moved On?
Wolf Blitzer's Embarrassing Moment With Tornado Survivor
PHOTOS: Tornado Aftermath Leaves Trail Of Destruction
White Father Allegedly Suspected Of Kidnapping Biracial Daughters