singer island

Ritz-Carlton Residences at Singer Island Host Grand Opening

Luxury is on the rise in Palm Beach once again. Lionheart Capital, owner of The Ritz-Carlton Residences Singer Island, is hosting the official grand opening of the 8.8-acre oceanfront property on January 21. The two tower complex is one of only six stand-alone residential properties managed by the Ritz-Carlton brand worldwide. In June 2010, Lionheart, in partnership with Elliott Management Corporation, closed the $120 million bulk purchase of the remaining inventory at 2700 North Ocean (a total of 146 units in the 242-unit project). The property converted to The Ritz-Carlton Residences Singer Island, Palm Beach on November 1. Real estate in South Florida continues to struggle but news from this property is strong so far, with only 60 days on the market as a Ritz-Carlton, the property has already logged $20 million in sales.

The opening celebration includes accreted indoor/outdoor art tour featuring works from the private collections of Carlos and Rosa de la Cruz, Ella Cisneros Fontanals, Marvin and Elayne Mordes, Jane Holzer and Beth Rudin DeWoody, as well as pieces on loan from Art Palm Beach by Litvak Gallery and Albert Paley, among others. The event will include the unveiling of the Signature Residence models as well as samplings of food prepared by the property's new chef.

Tags: Ferrari, florida real estate, palm beach, palm beach florida, palm beach real estate, ritz-carlton, ritz-carlton residences, ritz-carlton singer island, singer island

Continue reading “Ritz-Carlton Residences at Singer Island Host Grand Opening”

Most Expensive Zip Codes: 33404, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

For the next couple of weeks we will be checking out some homes in the most expensive zip codes in the United States, up today, 33404. This zip code is is in the Riviera Beach/Singer Island section of Palm Beach County, Florida and has a median price of $2,890,000 with an appreciation rate of 563% since 1990. Singer Island was founded by Paris Singer, the Singer Sewing Machine company founder who, rumor has it, bought the island as a present for his mistress.

Much of the Singer Island area is given over to condominiums which so far don't seems to have suffered the real estate disaster that has plagued so many Florida condominiums. Perhaps this is because there is only so much of Singer Island to go around. This condo is in One Singer Island, a new complex stocked with amenities that include a private and enclosed parking garage, lobby with a grand salon, social room and Versace patio, private theater, wine room, billiard room, fitness center and a pool and spa deck. There are just 15 residences in the building. The first five floors have two residences per floor. The top five floors have one "ocean to intracoastal" penthouse each. This unique unit is the top full floor and it has a truly dramatic feature, a spiral staircase leading to your own private rooftop terrace with a lounge area and sheltered hot tub. This apartment is listed at $5,995,000.

Gallery: Most Expensive Zip Codes, 33404, Singer Island, FL

Source

Tags: 33404, estate of the day, florida real estate, most expensive zip codes, singer island

Continue reading “Most Expensive Zip Codes: 33404, Estate of the Day”

The Resort at Singer Island

by Deidre Woollard (RSS feed) —

Filed under: Luxury Travel & Hotels

Another resort is planned for the Florida resort community of Singer Island. The Resort at Singer Island will be an all-suite luxury resort that is part of the Starwood Hotels Luxury Collection. The oceanfront hotel has 239 one and two-bedroom suites and 66 residences. There is a formal pool with private cabanas as well as a grotto pool with a slide. The resort will also have a restaurant, rum lounge, spa, meeting space and an outdoor terrace with a wedding gazebo.Each room will measure 800 to 2,100 square feet and comes with a fully equipped kitchen, spacious marble bathroom, flat screen televisions, a Bose CD/DVD player and balconies to take in the views. The new hotel opens in December and they are now accepting reservations for February 2007 onwards.

Source

Tags: florida, singer island, SingerIsland, starwood hotels, travel